Star Cement Live Share Price Today, Share Analysis and Chart

About the company - Business Profile

Star Cement Ltd. is a leading cement manufacturer in Eastern India, maintaining a dominant position particularly in the North-East region. The company operates as a key player in the building materials industry, offering various grades of cement including Ordinary Portland Cement (OPC) and Portland Pozzolana Cement (PPC). With a robust manufacturing footprint and an extensive distribution network, it serves as a critical supplier for infrastructure, commercial, and residential construction projects across its core markets.

Key Points

• Key Facts: Star Cement was founded with its first plant commissioned in FY 2004-05. It is headquartered in Kolkata, West Bengal, with its registered office in Meghalaya. The company is listed on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), with a market capitalization of approximately ₹8,690 crore as of March 31, 2025.
• Operations and Resources: As of September 2025, the company operates with a total cement grinding capacity of 7.7 MTPA and a clinker production capacity of 6.1 MTPA. Key facilities include the Lumshnong integrated unit in Meghalaya and grinding units in Guwahati (Assam) and Siliguri (West Bengal). The company holds sufficient reserves of high-quality limestone and supports its operations with a 51 MW Thermal Power Plant (TPP) and 24.3 MW Waste Heat Recovery System (WHRS).
• Ownership: The company is part of the Chamaria Group, with significant shareholding held by family members and associated entities. As of December 2025, the Chamaria Group members collectively held approximately 6.05% of the shares, including holdings by Laxmi Chamaria, Kailash Prasad Chamaria, and others.
• Market Significance: Star Cement commands approximately 26% market share in the North-East Indian market. Its presence is vital for the region's strategic infrastructure development.
• Revenue and Financials: For the second quarter of FY26 (September 2025), the company reported a revenue of ₹811 crore and an EBITDA of ₹97 crore. The sales volume for the same period was 11.73 lakh tons, reflecting a 20% year-on-year growth.
• Business Model and Strengths: The company focuses on a value-added product mix and a strong brand recall. It excels in supply chain logistics within the difficult terrain of North-East India. Blended cement (greener cement) accounts for 84% of total sales, and premium product sales constitute 13.1% of trade sales as of Q2 FY26.
• Key Products and Innovation:
  • Anti-Rust Cement: A specialized variety developed through R&D to provide anti-corrosive properties for reinforcement bars.
  • Weather Shield Cement: Designed to protect structures against extreme weather conditions.
  • OPC 43 & 53 and PPC: Standard grades for high-strength construction and masonry work.
• Expansion and Future Outlook: The company has an estimated CAPEX of ₹720 crore for FY26. A new unit in Silchar is expected to be commissioned by Q4 FY26. Additionally, the company is diversifying into AAC Blocks (800 CBM capacity) and other building materials.
• Employees and Sustainability: As of March 31, 2025, the company employed 4,381 people, with an average age of 39 years. Over 55% of the workforce has a tenure of five years or more. Sustainability goals include increasing female workforce participation to 11% by 2026 and further expanding green power through WHRS.
• Subsidiaries: Key subsidiaries include Star Cement Meghalaya Limited (SCML), Star Century Global Cement Private Limited, and Star Smart Building Solutions Limited.

References

1. Annual Report May 2025
2. Investor Presentation Nov 2025
3. Result Feb 2026
4. Earnings Call Feb 2026