Key Quantitative Figures & Financial Results

The Board of Directors approved the Unaudited Standalone and Consolidated financial results for the quarter and half year ended 30th September, 2026.

Standalone Performance (₹ in lakhs)

Quarter Ended 30.09.2026:

  • Revenue from Operations: ₹55,124.04
  • Total Income: ₹56,000.00
  • Profit before tax: ₹2,756.26
  • Profit after tax: ₹1,897.76
  • Earnings Per Share (Basic & Diluted): ₹0.47

Half Year Ended 30.09.2026:

  • Revenue from Operations: ₹1,12,754.92
  • Total Income: ₹1,14,530.52
  • Profit before tax: ₹6,187.81
  • Profit after tax: ₹4,273.41
  • Earnings Per Share (Basic & Diluted): ₹1.06

Consolidated Performance (₹ in lakhs)

Quarter Ended 30.09.2026:

  • Revenue from Operations: ₹83,103.41
  • Total Income: ₹84,183.49
  • Profit before tax: ₹5,511.90
  • Profit after tax: ₹3,957.71
  • Earnings Per Share (Basic & Diluted): ₹1.00

Half Year Ended 30.09.2026:

  • Revenue from Operations: ₹1,77,392.30
  • Total Income: ₹1,79,292.85
  • Profit before tax: ₹15,263.54
  • Profit after tax: ₹11,348.61
  • Earnings Per Share (Basic & Diluted): ₹2.85

Balance Sheet Highlights (as on 30.09.2026)

Standalone (₹ in lakhs):

  • Total Assets: ₹2,79,512.57
  • Total Equity: ₹1,71,721.20
  • Paid-up Equity Share Capital: ₹4,041.80

Consolidated (₹ in lakhs):

  • Total Assets: ₹4,93,351.23
  • Total Equity: ₹3,30,329.00
  • Paid-up Equity Share Capital: ₹4,041.80

Interim Dividend

The Board declared an Interim Dividend @ 100% (i.e., Re. 1 per equity share of face value of Re. 1 each) for the Financial Year 2026-27. The dividend shall be paid within 30 days from the date of declaration.

The Record Date for determining eligible shareholders was fixed as Friday, 13th November, 2026.

Management & Governance

Re-appointment of Director

Subject to shareholder approval, the Board re-appointed Mr. Nirmalya Bhattacharyya (DIN: 09037566) as an Independent Director for a further term of 2 (two) years, effective from 1st February, 2027 to 31st January, 2029. The disclosure confirms he is not related to any other directors and is not debarred from holding office.

Appointment of Internal Auditors

The Board approved the appointment of an in-house team of employees, headed by Mr. Gaurav Satnaliwala, Chartered Accountant, as the Internal Auditors for FY 2026-27. Mr. Satnaliwala is approximately 35 years old with about 13 years of experience in finance, accounts, projects, taxes, and audits.

Strategic Update & Fundraising

The Board decided not to proceed with a previously approved fundraising proposal to raise up to ₹1,500 crore via a further issue of securities. This decision was based on the prevailing geopolitical situation, conditions in the capital markets, and the Company's capital expenditure requirements.

The Company stated this deferral would not adversely affect its pipeline projects, as requisite funding would be arranged through internal accruals and/or bank borrowings.

Subsidiary Information & Auditor's Report

The consolidated results include the following subsidiaries: Star Cement Meghalaya Limited, Star Cement North East Limited, Star Smart Building Solutions Limited, Ri Pnar Cement Private Limited, Kopili Cement (I) Private Limited, Nitesh Minerals Private Limited, Jaitaran Renewable Power Private Limited, and Star Century Global Cement Private Limited.

The Statutory Auditors, Singhi & Co., issued an unmodified review report on both the standalone and consolidated results. The review report notes that the financial results of three subsidiaries (Star Century Global Cement Private Limited, Nitesh Minerals Private Limited & Jaitaran Renewable Power Private Limited), representing a minor portion of the Group's totals, were not reviewed by their auditors but were included based on management-certified accounts.

Notes to Financial Results

Key notes include:

  • The Company and one subsidiary have opted for the concessional tax rate under Section 115BAA of the Income-tax Act, 1961 from April 1, 2026, making tax expenses not directly comparable to previous periods.
  • The Group acquired 100% of Nitesh Minerals Private Limited (effective April 1, 2026) and Jaitaran Renewable Power Private Limited (effective April 23, 2026) during the previous quarter.
  • A provision of ₹1,131.97 lakhs was recognized in the previous year (FY26) as an exceptional item related to the implementation of new Labour Codes.
  • The Group operates primarily in a single reportable segment: manufacturing and sale of cement and cement-related products.

Meeting Logistics

The Board meeting commenced at 12:30 p.m. and concluded at 02:00 p.m. on 06th November, 2026.

#Tags: #StarCement #Q2Results #InterimDividend #SEBIDisclosure #RegulatoryCompliance #FinancialUpdate #Neutral