Star Cement Q1FY27 Profit Drops 24%, Revenue Edges Up

Star Cement reported a significant financial downturn for Q1FY27, with consolidated net profit plummeting 24.1% to Rs 74.7 crore. This decline occurred despite a modest 3.4% increase in revenue from operations, reaching Rs 943 crore for the quarter.

The company’s performance metrics for Q1FY27 highlight these key shifts:

• Net Profit: Down 24.1% to Rs 74.7 crore (from Rs 98.5 crore in Q1FY26)
• Revenue from Operations: Up 3.4% to Rs 943 crore (from Rs 912 crore in Q1FY26)
• EBITDA: Fell 14.8% to Rs 194 crore (from Rs 228 crore a year earlier)
• EBITDA Margin: Contracted to 20.6% (from 25%)

In a leadership development, Star Cement confirmed the re-appointment of Sanjay Agarwal as Managing Director, effective April 1, 2027. Sajjan Bhajanka was also re-appointed as Chairman and Managing Director, ensuring continuity at the helm.

Star Cement is pursuing an ambitious capacity expansion, targeting 25 MTPA by 2030 from its current 7.7 MTPA. This strategy includes several key projects already underway or planned for the near future.

• Cachar grinding unit in Assam: 2 MTPA commissioned in February 2026.
• Bihar unit: Planned 2 MTPA by FY28.
• Haryana unit: Planned 2.5 MTPA by FY29.

The company’s strategic vision involves reducing its dependence on the Northeast market by expanding its footprint into eastern and northern India. Additionally, Star Cement is enhancing its value-added products portfolio, exemplified by its 800 CBM AAC block facility in Guwahati.

Star Cement shares reflected the mixed financial news, trading at Rs 201 on August 7. The stock was down 1.15% at 2:30 pm on the trading day.