Star Cement's Q2 FY 2025-26 Quarterly Results

Result Summary

• Star Cement Ltd reported a 10.9% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 26.6%.
• Its expenses for the quarter were down by 7.3% QoQ and up 13.6% YoY.
• The net profit decreased 27.6% QoQ and increased 1153.3% YoY.
• The earnings per share (EPS) of Star Cement Ltd stood at 1.78 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Star Cement Ltd is a prominent player in the cement manufacturing industry. The company is known for producing high-quality cement products which are primarily used in construction and infrastructure projects. Star Cement operates in a sector that is heavily influenced by economic factors such as infrastructure development, real estate growth, and governmental policies on construction. As of the latest available information, there have been no significant recent developments or changes in the company's operations or market positioning. However, the cement industry in general is characterized by regional demand fluctuations, raw material price volatility, and competitive pressures.

Revenue

In Q2FY26, Star Cement Ltd reported a total income of ₹814.42 crores, which represents a 10.9% decrease compared to the previous quarter (Q1FY26) where the total income stood at ₹913.79 crores. On a year-over-year basis, there was a notable increase of 26.6% from Q2FY25, where the total income was ₹643.18 crores. This growth in annual revenue can be attributed to increased demand or pricing adjustments, although specific factors are not detailed in the available data. The quarterly decline suggests a slowdown in revenue generation compared to the preceding quarter.

Profitability

The Profit Before Tax (PBT) for Star Cement Ltd in Q2FY26 was ₹92.35 crores, experiencing a significant quarter-over-quarter decline of 31.4% from ₹134.66 crores in Q1FY26. Conversely, the year-over-year comparison shows a substantial increase of 1121.6% from ₹7.56 crores in Q2FY25. This dramatic annual growth indicates a significant improvement in profitability over the year. The Profit After Tax (PAT) in Q2FY26 was ₹71.06 crores, down by 27.6% from the previous quarter's ₹98.16 crores, yet up by 1153.3% from the same quarter last year, which recorded a PAT of ₹5.67 crores. The company’s tax expenses also decreased by 41.7% quarter-over-quarter but increased by 1026.5% year-over-year, aligning with the rise in profitability.

Operating Metrics

Star Cement Ltd's operational efficiency can be partially gauged from its Earnings Per Share (EPS), which was ₹1.78 in Q2FY26, down 27.0% from ₹2.44 in Q1FY26. However, there was a remarkable increase of 1171.4% when compared to the EPS of ₹0.14 in Q2FY25, reflecting the company's improved earnings capability over the year. Total expenses for the quarter were ₹722.06 crores, marking a reduction of 7.3% from the previous quarter’s ₹779.13 crores, indicating potential cost-saving measures or operational efficiencies. Compared to Q2FY25, total expenses increased by 13.6%, which is consistent with the increase in total income, suggesting proportional scaling of operations. The trends in expenses and profitability highlight the dynamic nature of the company's financial operations over the measured periods.