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Star Cement Ltd

(STARCEMENT)

₹219.851.21%

as on 04:01PM, 06 Sep 2024

Overview
News
Financials
Q1 2024 Results
Technicals

Analyst Rating

based on 10 analysts

BUY

72.73%

Buy

9.09%

Hold

18.18%

Sell

Based on 10 analysts offering long term price targets for Star Cement Ltd. An average target of ₹227.2

Source: S&P Global Market Intelligence

Star Cement Ltd Share analysis

Star Cement Ltd price forecast by 10 analysts

Upside of2.09%

High

₹300

Target

₹227.20

Low

₹94

Star Cement Ltd target price ₹227.2, a slight upside of 2.09% compared to current price of ₹219.85. According to 10 analysts rating.

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹218.59
    ₹227.1
  • 52 Week's Low

    52 Week's High

    ₹147
    ₹256
1 Month Return+ 10.86 %
3 Month Return+ 4.36 %
1 Year Return+ 39.66 %
Previous Close₹222.55
Open₹223.70
Volume3.16L
Upper Circuit-
Lower Circuit-
Market Cap₹8,995.04Cr

Key Statistics

P/E Ratio38.57
PEG Ratio-38.57
Market Cap₹8,995.04 Cr
P/B Ratio3.09
EPS6.13
Dividend Yield0
SectorCement
ROE11.87

Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹8,995.04 Cr27.71%0.56₹247 Cr₹2,704 Cr
SELL₹11,294.20 Cr77.71%0.69-₹216 Cr₹5,112 Cr
BUY₹9,341.24 Cr29.63%0.64₹487 Cr₹6,788 Cr
NA₹89.58 Cr19.54%0.75NANA
SELL₹6,506.63 Cr53.73%0.56NANA

Company Information

Star Cement Ltd is a leading cement manufacturer in India, incorporated in 2001. The company operates in two lines of business: cement and clinker production. Its top products include Portland Pozzolana Cement (PPC), Ordinary Portland Cement (OPC), and Fly Ash Cement. It also produces clinker, which is used in the production of cement.

Star Cement's popular brands include Star Gold, Star Super, Star Cement PPC, Star Cement OPC, and Star Cement Fly Ash. It has a strong presence in the eastern and north-eastern regions of India, with a network of over 3000 dealers. The company has also forayed into the international market, exporting its products to countries such as Bangladesh, Nepal, Bhutan, and the UAE.

Share Price: ₹219.85 per share as on 06 Sep, 2024 04:01 PM
Market Capitalisation: ₹8,995.04Cr as of today
Revenue: ₹751.01Cr as on June 2024 (Q2 24)
Net Profit: ₹30.99Cr as on June 2024 (Q2 24)
Listing date: 16 Jun, 2017
Chairperson Name: Sajjan Bhajanka
OrganisationStar Cement Ltd
HeadquartersGuwahati
IndustryCement
E-voting on sharesClick here to vote

Key events for Star Cement Ltd

  • Gauhati High Court Quashes CCI Proceedings Against Star Cement - 31 Aug, 2024

    The Gauhati High Court has quashed the Competition Commission of India's proceedings against Star Cement Ltd. and others, dismissing allegations of cartelization and anti-competitive practices in the North-East region.

  • ICICI Securities Maintains Buy Rating on Star Cement - 22 Aug, 2024

    ICICI Securities maintains a 'BUY' rating on Star Cement with a revised target price of Rs 257, citing recovery potential despite recent performance challenges. The company’s new clinker line is expected to stabilize operations and improve margins, while a strong balance sheet supports future growth.

  • Star Cement Shares Rise Despite Profit Decline - 12 Aug, 2024

    Star Cement's shares increased by 8% following the announcement of Q1 earnings, despite a significant 67% drop in net profit to Rs 31 crore.

  • Star Cement Acquires Stake in JSW Green Energy - 08 Aug, 2024

    Star Cement, along with its subsidiary, will acquire up to 30% of JSW Green Energy Six for ₹23.06 crore, enhancing its renewable energy portfolio.

Insights on Star Cement Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 25.78% to 26.84% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, STARCEMENT has outperformed top 5 stocks with highest market-cap in Construction Materials

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 1.52% to 1.60% in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Grasim Industries Ltd has given 49.1% return, outperforming this stock by 9.5%

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 66.59% to 66.49% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 87.67 Cr → 31.04 Cr (in ₹), with an average decrease of 64.6% per quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, STARCEMENT stock has moved down by -2.5%

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 6.11% to 5.03% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 921.36 Cr → 752.39 Cr (in ₹), with an average decrease of 18.3% per quarter

Company Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹760.47Cr (-)₹585.26Cr (↓23.04%)₹651.40Cr (↑11.30%)₹913.53Cr (↑40.24%)₹751.01Cr (↓17.79%)
Net Income₹93.26Cr (-)₹40.67Cr (↓56.39%)₹73.52Cr (↑80.77%)₹87.67Cr (↑19.25%)₹30.99Cr (↓64.65%)
Net Profit Margin12.26% (-)6.95% (↓43.31%)11.29% (↑62.45%)9.60% (↓14.97%)4.13% (↓56.98%)
Value in ₹ crore
Details2020202120222023
Total Assets₹1,618.71Cr (-)₹1,892.90Cr (↑16.94%)₹1,911.84Cr (↑1.00%)₹2,125.60Cr (↑11.18%)
Total Liabilities₹500.66Cr (-)₹617.52Cr (↑23.34%)₹612.47Cr (↓0.82%)₹661.90Cr (↑8.07%)
Value in ₹ crore
Details20192020202120222023
Operating Cash Flow₹501.74Cr (-)₹452.97Cr (↓9.72%)₹272.45Cr (↓39.85%)₹259.91Cr (↓4.60%)₹303.90Cr (↑16.93%)

Index Inclusions

S&P BSE 400 MidSmallCap

₹12,668.03

-1.08 (-138.86%)

BSE Small-Cap

₹55,977.86

-0.96 (-543.75%)

S&P BSE Commodities

₹7,613.42

-0.69 (-53.03%)

S&P BSE 250 SmallCap

₹7,401.43

-0.87 (-64.71%)

BSE 500

₹37,054.24

-1.18 (-442.56%)

S&P BSE AllCap

₹10,846.85

-1.18 (-129.55%)

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
66.49%
-0.15
Foreign Institutions
1.6%
5.17
Mutual Funds
5.03%
-17.68
Retail Investors
26.84%
4.14
Others
0.04%
1752.63

Key Indicators

Details20192020202120222023
Return On Equity %27.0820.1615.5913.711.87
Details20192020202120222023
Return On Assets %19.3417.649.8912.9111.65
Details20192020202120222023
Book Value Per Share (₹)41.1245.0350.2953.6559.78
Details20192020202120222023
Earning Per Share (₹)7.276.974.546.116.13

Star Cement Ltd Valuation

Star Cement Ltd in the last 5 years

  • Overview

  • Trends

Lowest (9.46x)

March 25, 2020

Today (38.57x)

September 5, 2024

Industry (53.25x)

September 5, 2024

Highest (39.56x)

August 30, 2024

LowHigh

Earnings and Dividends

  • Star Cement Ltd Earnings Results

    Star Cement Ltd’s net profit fell -66.72% since last year same period to ₹31.04Cr in the Q1 2024-2025. On a quarterly growth basis, Star Cement Ltd has generated -64.59% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Star Cement Ltd Dividends February,2020

    In the quarter ending December 2019, Star Cement Ltd has declared dividend of ₹1 - translating a dividend yield of 0.45%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Star Cement Ltd is currently in a Bullish trading position according to technical analysis indicators.

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Star Cement Ltd (STARCEMENT) share price today is ₹219.85

Star Cement Ltd is listed on NSE

Star Cement Ltd is listed on BSE

  • Today’s highest price of Star Cement Ltd is ₹227.1.
  • Today’s lowest price of Star Cement Ltd is ₹218.59.

PE Ratio of Star Cement Ltd is 38.57

PE ratio = Star Cement Ltd Market price per share / Star Cement Ltd Earnings per share

Today’s traded volume of Star Cement Ltd(STARCEMENT) is 3.16L.

Today’s market capitalisation of Star Cement Ltd(STARCEMENT) is ₹8995.04Cr.

Star Cement Ltd(STARCEMENTPrice
52 Week High
₹256
52 Week Low
₹147

Star Cement Ltd(STARCEMENT) share price is ₹219.85. It is down -14.12% from its 52 Week High price of ₹256

Star Cement Ltd(STARCEMENT) share price is ₹219.85. It is up 49.56% from its 52 Week Low price of ₹147

Star Cement Ltd(STARCEMENTReturns
1 Day Returns
-2.7%
1 Month Returns
10.86%
3 Month Returns
4.36%
1 Year Returns
39.66%