# Star Cement share price today (Star Cement Ltd, NSE: STARCEMENT)

> Star Cement share price today: ₹175.46 at the NSE close on 3 November 2026, down 31.7% in a year. Star Cement (NSE: STARCEMENT) is worth ₹7,096 crore, trades at a P/E of 18.8 and has closed between ₹160.19 and ₹246.40 over the past 52 weeks. > Star Cement Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. STARCEMENT · Cement · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/star-cement-ltd

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## Key numbers

- Business trend: Turning around, from the last 12 quarters
- Price: ₹175.46 (−31.7% in a year)
- P/E: 18.8× (lower than 53% of the last 9.4 years)
- Revenue (Jun 2026): ₹943 Cr (+3.4% on a year ago)
- Profit (Jun 2026): ₹74.0 Cr (−24.5% on a year ago)
- Operating margin: 21.0% (−4.0 points on a year ago)
- ROCE: 17%, FY26
- ROIC: 10.7%, against a 12.0% cost of capital: −1.3 points

The main question: yearly earnings per share moved +132.8% while the share price moved −31.7%. ## What is the Star Cement share price today? Star Cement Ltd's share price was ₹175.46 at the close on 3 November 2026. It has been falling for 45 weeks. That is 13.1% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹160 and ₹246, and at that close it sat 18% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 24 weeks running. Over the last 9.4 years the share price moved +35% while the NIFTY 500 moved +159%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 12 June 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Star Cement this quarter? Three changes stood out: profit fell in the June 2026 quarter, revenue up on a year earlier for 8 quarters in a row and operating margin down 4 points on a year earlier. 1. Profit fell in the June 2026 quarter Profit was ₹74 crore, -24.5% on a year earlier (₹98 crore), after 5 quarters of growth. Why: Profit fell because the company got much less government subsidy than a year earlier. Next results: check whether lower subsidy and flat prices keep profit weak. From the earnings call on 29 Sep 2026. 2. Revenue up on a year earlier for 8 quarters in a row In the June 2026 quarter revenue was ₹943 crore, +3.4% on a year earlier. 3. Operating margin down 4 points on a year earlier 21% in the June 2026 quarter, from 25%. Why: The share of sales left after running costs fell because the company got much less government subsidy than a year earlier. Next results: check if lower subsidy and no price increase keep margins weak. From the earnings call on 29 Sep 2026. ## What are Star Cement's latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Star Cement reported revenue of ₹943 crore, up 3.4% from ₹912 crore a year earlier, and a profit of ₹74.0 crore, down 24.5% from ₹98.0 crore. ### Star Cement results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹943 crore | ₹912 crore | +3.4% |
| Profit | ₹74.0 crore | ₹98.0 crore | −24.5% |
| Earnings per share | ₹1.85 | ₹2.44 | −24.2% |
| Operating margin | 21.0% | 25.0% | −4.0 points |

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). Star Cement's management discussed these results on a call held on 29 September 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.)

## What is the Star Cement share price history? Star Cement closed at ₹175.46 on 3 November 2026, down 31.7% from ₹256.90 a year earlier (31 October 2025) and up 74.4% over five years. Its highest weekly close since June 2017 was ₹292.30 on 5 September 2025. ### Star Cement share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹160.19 | +9.5% |
| 1 month ago · 1 Oct 2026 | ₹178.39 | −1.6% |
| 6 months ago · 30 Apr 2026 | ₹230.29 | −23.8% |
| 1 year ago · 31 Oct 2025 | ₹256.90 | −31.7% |
| 3 years ago · 3 Nov 2023 | ₹156.85 | +11.9% |
| 5 years ago · 4 Nov 2021 | ₹100.60 | +74.4% |
| Earliest weekly close in our records · 16 Jun 2017 | ₹130.20 | +34.8% |
| Highest weekly close since June 2017 · 5 Sep 2025 | ₹292.30 | −40.0% |
| Lowest weekly close since June 2017 · 3 Apr 2020 | ₹69.30 | +153.2% |
| 52-week high (weekly close) · 7 Nov 2025 | ₹246.40 | −28.8% |
| 52-week low (weekly close) · 23 Oct 2026 | ₹160.19 | +9.5% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (494 weekly closes from 16 June 2017 to 3 November 2026.)

## What is the latest news on Star Cement? 3 Nov 2026: Star Cement closed at ₹175.46, up 9.5% on the week and down 1.6% on the month. 29 Sep 2026: Star Cement held its results call for April to June 2026. Management guided: FY27 cement volume growth 8-9% over last year; Q2 flat to nominal and Q3-Q4 double-digit or more-than-double-digit recovery. ### Earlier

- Results for April to June 2026: Revenue up 3.4% and profit down 24.5% on a year earlier. - 12 Feb 2026: ex-date for an interim dividend of ₹1 a share. ## What dividend does Star Cement pay? Star Cement paid ₹1 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 0.57% at the ₹175.46 close on 3 November 2026. The last was an interim dividend of ₹1 a share, ex-date 12 February 2026. ### Star Cement dividends since 1 April 2021

| Ex-date | Dividend per share | Type |
| --- | --- | --- |
| 12 Feb 2026 | ₹1 | Interim |
| 14 Aug 2025 | ₹1 | Interim |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here. 1 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. Star Cement Ltd paid out 21% of its profit as dividends in FY26, and it paid a dividend in 4 of its last 13 reported years. One of those years shows a negative figure because profit itself was negative. (From the NSE corporate-actions record, read 4 November 2026.)

## What did Star Cement management say on the latest results call? On the call for April to June 2026, held on 29 September 2026, Star Cement's management guided: FY27 cement volume growth 8-9% over last year; Q2 flat to nominal and Q3-Q4 double-digit or more-than-double-digit recovery. > “The 3,000 crores will be funded through a combination of debt and equity, with funding coming from internal accruals and debt. I do not think maximum peak debt can exceed approximately 1,500 crores because we are generating sufficient cash resources. Within 2 and a half years, the balance will be taken care of through internal accruals.”
> Hari, on the call for April to June 2026

### What management guided

- Fuel cost around ₹1.5-1.6; further Q3-Q4 reduction expected as AFR availability recovers; AFR goal 20% this year and 25% longer term. - FY27 operating profit per ton around ₹1,600; next year around ₹1,550; Rajasthan ₹1,000-1,100 once operational. - Subsidy around ₹120 crore in FY27 and ₹80-100 crore next year, reflected over roughly 6-7 years on a sustainable basis. - Non-cement revenue around ₹80-90 crore this year at 15-20% operating margin as utilization ramps. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijoristack.ai/concall/transcript/5632-29-Sep-2026.pdf). (From the call for April to June 2026, 29 September 2026.)

## What to watch in Star Cement's next results? When Star Cement reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Q2 cement volume: test flat-to-nominal outcome after flood recovery and August-September compensation. - What to check (from the call)
- Q2 cement volume: test flat-to-nominal outcome after flood recovery and August-September compensation. - Operating profit per ton: test subsidy drag, flat pricing, shutdown impact, and AFR benefit in the next print. - Rajasthan environmental clearance and groundbreaking: check delivery against the stated autumn sequence. - Siliguri versus Bihar expansion: watch West Bengal incentive policy and demand-triggered sequencing. ## Which stock lists is Star Cement on? Star Cement is not on any of our India lists this week. ## Is Star Cement profitable? Star Cement Ltd earned ₹74.0 Cr of net profit in the Jun 2026 quarter, −24.5% on the same quarter a year earlier. Full-year FY26 profit was ₹390 Cr. Over 10 years profit has grown 10.9% a year on average. That is 7.8% of the quarter's revenue. The same quarter a year earlier earned ₹98.0 Cr. For the full year, FY26 profit was ₹390 Cr (+130.8% on the year before). Why profit moved: revenue changed +3.4% on a year earlier and the margin moved −4.0 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed +450.1% and revenue +15.9%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit. ## How much revenue does Star Cement make, and is it growing? Star Cement Ltd reported ₹943 Cr of revenue in the Jun 2026 quarter, +3.4% on the same quarter a year earlier. That is the 8th quarter in a row with growth on the year before. Over 10 years it has grown 8.2% a year on average. The last full year, FY26, came in at ₹3,776 Cr. The last four reported quarters add to ₹3,808 Cr. FY26 revenue was ₹3,776 Cr, +19.4% on the year before. Recent pace: the last four quarters grew +15.9% on average, against 8.2% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +14.5%, against +14.6% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +55.1%, against +25.1% a year (accelerating). ## How much of every ₹100 of sales does Star Cement keep? Star Cement Ltd's operating margin was 21.0% in the Jun 2026 quarter, 4.0 percentage points lower than the same quarter a year ago. Across 13 years it has been between 16.0% and 32.0%. The latest quarter is within that range. Why the margin moved: operating margin changed −4.4 percentage points on the year while gross margin changed −2.9 points. So the drop came mostly from the gross margin, which means input costs and prices charged. ## Is Star Cement's profit turning into cash? Over the last 3 years, 182% of Star Cement Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹765 Cr of operating cash against ₹390 Cr of profit. After ₹431 Cr of spending on assets, ₹334 Cr was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 182% of profit came in as cash: the cash cycle got 26 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. What to look at next: the bigger use of cash is spending on new assets, at 2.5× depreciation over three years. The next section checks what that spending is building. ## Where does Star Cement's cash go? Star Cement Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 177 days in FY26, up from 151 days in FY21. It spent ₹2,109 Cr on assets over the last 3 years. Customers take 23 days to pay, and stock sits for 343 days on average. At FY26 sales of ₹3,776 Cr, each day of that cycle ties up about ₹10.3 Cr, so roughly ₹1,831 Cr is tied up in the business at any time. FY26: customers took 23 days to pay and stock sat for 343 days, about 11.3 months of sales sitting as stock, for a full cycle of 177 days, longer than FY21's 151. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 343 days. Customers pay about 23 days after that. Suppliers are paid at 189 days. Together that makes the 177-day cycle. Spending on assets: ₹2,109 Cr over the last 3 years, against ₹844 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹95.0 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Star Cement's P/E ratio, and how does it compare with its own history? Star Cement Ltd's P/E is 18.8×, in the middle of its own history: higher than 47% of past readings. Its usual P/E (the middle reading) is 19.3×, over 9.4 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹9.14. Why the multiple is where it is: over the past year earnings per share moved +132.8% while the price moved −31.7%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved +11.8% a year; about +12.1% a year came from earnings growth and about −0.3 percentage points from the multiple (roughly no change). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Star Cement business getting better or worse? Star Cement Ltd's business is turning around. Profit growth has swung from −42.9% at its low to +55.1%, rising from a low 5 quarters ago, with ROCE steady at 15.7%. This is based on 12 quarters of 4 measures. Why it matters: a turn in growth is often where a bigger change starts. The lines say a turn is forming, so the question is whether the next quarters confirm it. ## How much does Star Cement earn on its capital? Star Cement Ltd earned a ROCE of 17% in FY26. That is up from a low of 4% in FY14. Its return on capital used (ROIC) is 1.3 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 10.3% net margin and 0.81× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 10.3% net margin × 0.81× asset turnover × 1.46× leverage (assets divided by equity) ≈ 12.2% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 10.7% − 12.0% = −1.3 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The 10.7% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 11.9%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Star Cement have too much debt? Star Cement Ltd has total debt of ₹603 Cr against shareholder equity of ₹3,188 Cr as of Jun 2026, so its debt is 0.19× its equity, which is very little. Year by year, that ratio went from 0.01 in FY22 to 0.19 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the Star Cement shareholding pattern? Promoters cut their stake in Star Cement Ltd by 8.4 percentage points over 8 quarters, the biggest change among its owners. Promoters now own 58.1% of the company. Domestic institutions moved −2.5 points over the same period, to 2.5%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Promoters: −8.4 points over 8 quarters, to 58.1%; Domestic institutions: −2.5 points over 8 quarters, to 2.5%; Foreign institutions: +0.3 points over 8 quarters, to 1.7%. Why the owners changed: promoters drove it (−8.4 points), together with domestic institutions (−2.5 points). They reduced their stake. ## How far is Star Cement from balance-sheet trouble? For Star Cement Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Star Cement rank in its industry? 67.7 out of 100, rank 2 of 26 in Cement, with 81% of the evidence available. Star Cement Ltd scores 67.7 out of 100 against the 26 companies it is compared with in Cement, ranking 2. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 23.8 + 22.5 + 11.9 + 9.5 = 67.7. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Star Cement compared with? Star Cement ranks 2 of 26 Cement companies on the 4-Factor Sector Score, with 67.7 out of 100. 1. [NCL Industries Ltd](https://www.sectoralpha.in/stocks/ncl-industries-ltd) NCLIND · quiet · Most evidence points up · 96% evidence 72.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.2/35 · Revenue 3.7% · Profit 100% · Operating margin change -3 points · 88% evidence Capital efficiency 18.5/25 · ROCE 14.6% · Operating margin 12% · 100% evidence Valuation 20.0/20 · P/E 5.8× · PEG 0.14 · 100% evidence Relative strength 12.7/20 · Lead over its industry 3.5% · Lead over NIFTY 500 -9.2% · 1 year -19.8% · 100% evidence · 0 of 12 weeks ahead Exact sum: 21.2 + 18.5 + 20 + 12.7 = 72.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. Star Cement Ltd this page STARCEMENT · basing · Most evidence points up · 81% evidence 67.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.8/35 · Revenue 14.5% · Profit 55.1% · Operating margin change -4 points · 88% evidence Capital efficiency 22.5/25 · ROCE 16.6% · Operating margin 21% · 100% evidence Valuation 11.9/20 · P/E 18.3× · PEG 1.12 · 100% evidence Relative strength 9.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -14.1% · 1 year -33.4% · 25% evidence · 0 of 12 weeks ahead Exact sum: 23.8 + 22.5 + 11.9 + 9.5 = 67.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Rain Industries Ltd](https://www.sectoralpha.in/stocks/rain-industries-ltd) RAIN · losing its lead · Evidence leans up · 71% evidence 63.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.3/35 · Revenue 17% · Profit 100% · Operating margin change 5 points · 83% evidence Capital efficiency 10.8/25 · ROCE 8.3% · Operating margin 19% · 76% evidence Valuation 11.0/20 · P/E 12.2× · PEG n/a · 15% evidence Relative strength 14.0/20 · Lead over its industry 39.3% · Lead over NIFTY 500 23.4% · 1 year 45.4% · 100% evidence · 9 of 12 weeks ahead Exact sum: 27.3 + 10.8 + 11 + 14 = 63.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [UltraTech Cement Ltd](https://www.sectoralpha.in/stocks/ultratech-cement-ltd) ULTRACEMCO · turning · Evidence leans up · 67% evidence 62.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.0/35 · Revenue 16.9% · Profit 21.1% · Operating margin change 0 points · 95% evidence Capital efficiency 16.9/25 · ROCE 12.7% · Operating margin 16% · 76% evidence Valuation 10.1/20 · P/E 36.6× · PEG n/a · 50% evidence Relative strength 11.2/20 · Lead over its industry n/a · Lead over NIFTY 500 -0.3% · 1 year -7.6% · 25% evidence · 0 of 12 weeks ahead Exact sum: 24 + 16.9 + 10.1 + 11.2 = 62.2 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 5. [JSW Cement Ltd](https://www.sectoralpha.in/stocks/jsw-cement-ltd) JSWCEMENT · basing · Evidence leans up · 60% evidence 59.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.8/35 · Revenue 19.3% · Profit 100% · Operating margin change -4 points · 95% evidence Capital efficiency 12.3/25 · ROCE 11.1% · Operating margin 15% · 76% evidence Valuation 10.4/20 · P/E 20× · PEG n/a · 15% evidence Relative strength 10.8/20 · Lead over its industry n/a · Lead over NIFTY 500 -1.6% · 1 year -15.3% · 25% evidence · 0 of 12 weeks ahead Exact sum: 25.8 + 12.3 + 10.4 + 10.8 = 59.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Birla Corporation Ltd](https://www.sectoralpha.in/stocks/birla-corporation-ltd) BIRLACORPN · basing · Evidence leans up · 85% evidence 53.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.7/35 · Revenue 3.3% · Profit 0.6% · Operating margin change -5 points · 100% evidence Capital efficiency 12.5/25 · ROCE 9.8% · Operating margin 9% · 100% evidence Valuation 18.6/20 · P/E 11.9× · PEG 0.33 · 100% evidence Relative strength 9.4/20 · Lead over its industry n/a · Lead over NIFTY 500 -15.4% · 1 year -34.1% · 25% evidence · 0 of 12 weeks ahead Exact sum: 12.7 + 12.5 + 18.6 + 9.4 = 53.2 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 7. [Shree Cement Ltd](https://www.sectoralpha.in/stocks/shree-cement-ltd) SHREECEM · basing · Evidence leans up · 100% evidence 51.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.2/35 · Revenue 14.3% · Profit -7.7% · Operating margin change -3 points · 100% evidence Capital efficiency 14.4/25 · ROCE 10.3% · Operating margin 17% · 100% evidence Valuation 5.4/20 · P/E 52.4× · PEG 3.8 · 100% evidence Relative strength 15.8/20 · Lead over its industry 9.7% · Lead over NIFTY 500 -3.8% · 1 year -18.8% · 100% evidence · 0 of 12 weeks ahead Exact sum: 16.2 + 14.4 + 5.4 + 15.8 = 51.8 · What this means: Relative strength against the index is -3.8%, and revenue and profit growth are weak. 8. [Mangalam Cement Ltd](https://www.sectoralpha.in/stocks/mangalam-cement-ltd) MANGLMCEM · losing its lead · Evidence leans up · 96% evidence 51.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.1/35 · Revenue 0.5% · Profit 90% · Operating margin change -5 points · 88% evidence Capital efficiency 10.3/25 · ROCE 11% · Operating margin 12% · 100% evidence Valuation 13.9/20 · P/E 18.6× · PEG 0.68 · 100% evidence Relative strength 14.2/20 · Lead over its industry 19.2% · Lead over NIFTY 500 5.3% · 1 year 13% · 100% evidence · 7 of 12 weeks ahead Exact sum: 13.1 + 10.3 + 13.9 + 14.2 = 51.5 · What this means: Relative strength against the index is 5.3%, and revenue and profit growth are weak. 9. [JK Lakshmi Cement Ltd](https://www.sectoralpha.in/stocks/jk-lakshmi-cement-ltd) JKLAKSHMI · quiet · Too little evidence to rank firmly · 56% evidence 49.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.5/35 · Revenue 8.7% · Profit 0.5% · Operating margin change -4 points · 83% evidence Capital efficiency 14.4/25 · ROCE 12% · Operating margin 14% · 76% evidence Valuation 10.8/20 · P/E 14.7× · PEG n/a · 15% evidence Relative strength 8.2/20 · Lead over its industry n/a · Lead over NIFTY 500 -24.9% · 1 year -47.8% · 25% evidence · 0 of 12 weeks ahead Exact sum: 16.5 + 14.4 + 10.8 + 8.2 = 49.9 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 10. [Nuvoco Vistas Corporation Ltd](https://www.sectoralpha.in/stocks/nuvoco-vistas-corporation-ltd) NUVOCO · losing its lead · Evidence leans down · 78% evidence 49.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.4/35 · Revenue 10.6% · Profit 51.5% · Operating margin change 0 points · 100% evidence Capital efficiency 11.2/25 · ROCE 7% · Operating margin 15% · 100% evidence Valuation 4.9/20 · P/E 25.8× · PEG 8.14 · 65% evidence Relative strength 11.6/20 · Lead over its industry n/a · Lead over NIFTY 500 1.5% · 1 year -22.7% · 25% evidence · 5 of 12 weeks ahead Exact sum: 21.4 + 11.2 + 4.9 + 11.6 = 49.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [Orient Cement Ltd](https://www.sectoralpha.in/stocks/orient-cement-ltd) ORIENTCEM · basing · Evidence leans down · 93% evidence 48.2 out of 100 Growth Capital Valuation Relative
12. [India Cements Ltd](https://www.sectoralpha.in/stocks/india-cements-ltd) INDIACEM · basing · Evidence leans down · 75% evidence 47.5 out of 100 Growth Capital Valuation Relative
13. [J K Cements Ltd](https://www.sectoralpha.in/stocks/j-k-cements-ltd) JKCEMENT · quiet · Evidence leans down · 85% evidence 47.3 out of 100 Growth Capital Valuation Relative
14. [K C P Ltd](https://www.sectoralpha.in/stocks/k-c-p-ltd) KCP · basing · Evidence leans down · 63% evidence 46.8 out of 100 Growth Capital Valuation Relative
15. [The Ramco Cements Ltd](https://www.sectoralpha.in/stocks/the-ramco-cements-ltd) RAMCOCEM · quiet · Evidence leans down · 81% evidence 44.2 out of 100 Growth Capital Valuation Relative
16. [Dalmia Bharat Ltd](https://www.sectoralpha.in/stocks/dalmia-bharat-ltd) DALBHARAT · quiet · Evidence leans down · 85% evidence 42.2 out of 100 Growth Capital Valuation Relative
17. [HeidelbergCement India Ltd](https://www.sectoralpha.in/stocks/heidelbergcement-india-ltd) HEIDELBERG · quiet · Evidence leans down · 100% evidence 41.7 out of 100 Growth Capital Valuation Relative
18. [ACC Ltd](https://www.sectoralpha.in/stocks/acc-ltd) ACC · quiet · Evidence leans down · 85% evidence 40.4 out of 100 Growth Capital Valuation Relative
19. [Ambuja Cements Ltd](https://www.sectoralpha.in/stocks/ambuja-cements-ltd) AMBUJACEM · basing · Evidence leans down · 82% evidence 35.7 out of 100 Growth Capital Valuation Relative
20. [BIGBLOC Construction Ltd](https://www.sectoralpha.in/stocks/bigbloc-construction-ltd) BIGBLOC · basing · Evidence leans down · 64% evidence 35.2 out of 100 Growth Capital Valuation Relative
21. [Sagar Cements Ltd](https://www.sectoralpha.in/stocks/sagar-cements-ltd) SAGCEM · quiet · Most evidence points down · 64% evidence 34.7 out of 100 Growth Capital Valuation Relative
22. [Deccan Cements Ltd](https://www.sectoralpha.in/stocks/deccan-cements-ltd) DECCANCE · quiet · Most evidence points down · 89% evidence 34.0 out of 100 Growth Capital Valuation Relative
23. [Saurashtra Cement Ltd](https://www.sectoralpha.in/stocks/saurashtra-cement-ltd) SAURASHCEM · quiet · Most evidence points down · 79% evidence 28.1 out of 100 Growth Capital Valuation Relative
24. [Shree Digvijay Cement Co. Ltd](https://www.sectoralpha.in/stocks/shree-digvijay-cement-co-ltd) SHREDIGCEM · quiet · Most evidence points down · 72% evidence 27.2 out of 100 Growth Capital Valuation Relative
25. [Shiva Cement Ltd](https://www.sectoralpha.in/stocks/shiva-cement-ltd) SHIVACEM · Too little evidence to rank firmly · 48% evidence 51.0 out of 100 Growth Capital Valuation Relative
26. [Prism Johnson Ltd](https://www.sectoralpha.in/stocks/prism-johnson-ltd) PRSMJOHNSN · basing · Too little evidence to rank firmly · 49% evidence 44.2 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Cement](https://www.sectoralpha.in/sectors/cement), all 26 compared on one page. ## Which companies are close to Star Cement in size? Star Cement is the 11th largest of 26 Cement companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: JSW Cement, Nuvoco Vistas Corporation and India Cements. Just below it: Rain Industries, Birla Corporation and JK Lakshmi Cement. ### Cement companies close in size

1. [JSW Cement Ltd](https://www.sectoralpha.in/stocks/jsw-cement-ltd) ₹15,747 crore
2. [Nuvoco Vistas Corporation Ltd](https://www.sectoralpha.in/stocks/nuvoco-vistas-corporation-ltd) ₹11,443 crore
3. [India Cements Ltd](https://www.sectoralpha.in/stocks/india-cements-ltd) ₹9,672 crore
4. Star Cement Ltd ₹6,916 crore
5. [Rain Industries Ltd](https://www.sectoralpha.in/stocks/rain-industries-ltd) ₹6,530 crore
6. [Birla Corporation Ltd](https://www.sectoralpha.in/stocks/birla-corporation-ltd) ₹5,978 crore
7. [JK Lakshmi Cement Ltd](https://www.sectoralpha.in/stocks/jk-lakshmi-cement-ltd) ₹5,634 crore

[All 26 Cement companies, largest first](https://www.sectoralpha.in/sectors/cement#all-companies)

### Companies close in size in other industries

1. [Medplus Health Services Ltd](https://www.sectoralpha.in/stocks/medplus-health-services-ltd) ₹6,968 crore · Pharmacy Distribution
2. [EPL Ltd](https://www.sectoralpha.in/stocks/epl-ltd) ₹6,954 crore · Packaging - FMCG/Consumers
3. Star Cement Ltd ₹6,916 crore
4. [SKF India Ltd](https://www.sectoralpha.in/stocks/skf-india-ltd) ₹6,895 crore · Bearings
5. [Bliss GVS Pharma Ltd](https://www.sectoralpha.in/stocks/bliss-gvs-pharma-ltd) ₹6,888 crore · Pharma - Formulators

## What else do people ask about Star Cement? ### What is Star Cement's share price today? Star Cement Ltd's share price is ₹175.46, −31.7% over the past year. The whole company is worth ₹7,096 Cr on the market. In the last 52 weeks it traded between ₹160 to ₹246; today it is 18% of the way up from the low, 13.1% below its 200-day average (as of 3 November 2026). ### What were Star Cement's latest quarterly results? Star Cement Ltd reported revenue of ₹943 Cr and net profit of ₹74.0 Cr for the Jun 2026 quarter. Revenue rose 3.4% and profit fell 24.5% compared with a year earlier. Earnings per share were ₹1.85. The operating margin was 21.0%, 4.0 percentage points lower than a year earlier (as of 3 November 2026). ### What is Star Cement's market cap? Star Cement Ltd's market capitalisation is ₹7,096 Cr at a share price of ₹175.46. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Star Cement performing? Star Cement Ltd's share price has been falling for 45 weeks. In its latest quarter, revenue rose 3.4% and profit fell 24.5% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 24 weeks running (as of 3 November 2026). ### Will Star Cement's share price go up? This page does not forecast Star Cement Ltd's share price. What it shows instead: the share price is ₹175.46, and it has been falling for 45 weeks. Its P/E of 18.8× is higher than 47% of its own last 9 years (as of 3 November 2026). ### Who owns Star Cement? Promoters own 58.1% of Star Cement Ltd, foreign institutions 1.7%, domestic institutions 2.5% and the public 37.7% (latest quarter). The biggest change over the last two years: Promoters cut their stake by 8.4 percentage points over 8 quarters (as of 3 November 2026). ### Does Star Cement have too much debt? No, Star Cement Ltd has little debt: its debt is 0.19× its equity, and its operating profit is 20 times its interest bill. FY26 borrowings were ₹603 Cr against equity of ₹3,191 Cr. So the returns on this page come from the business, not borrowed money (as of 3 November 2026). ### Where is Star Cement in its business cycle? Star Cement Ltd's FY26 operating margin was 25.0%, against a 13-year range of 16.0% to 32.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 21.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Star Cement story? The main question: yearly earnings per share moved +132.8% while the share price moved −31.7%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Star Cement a stock worth studying right now? What the numbers show: Star Cement Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Star Cement share price forecast for 2026? What management itself guided: FY27 cement volume growth 8-9% over last year; Q2 flat to nominal and Q3-Q4 double-digit or more-than-double-digit recovery. This is research, not advice. We’re not SEBI-registered.