Star Cement is a cement manufacturer based in Eastern India and is part of Century Plyboards Group. The company's main focus is to cater to the growing demand for cement in the eastern region of India, where it operates.
Star Cement has a 1.67 million tonnes per annum (MTPA) integrated cement plant in a strategic location in the idyllic town of Lumshnong in Meghalaya that ensures easy availability of high-grade limestone.
In addition, the company has two grinding units, a 2 million tonnes per annum (MTPA) cement unit in Sonapur near Guwahati and another cement unit at Mohitnagar near Siliguri in West Bengal with a capacity of 2 million tonnes per annum (MTPA) thereby, aggregating an installed capacity of around 5.7 MTPA.
Star Cement is committed to sustainability and has taken several measures to reduce its carbon footprint. The company uses eco-friendly technologies such as renewable energy sources, waste heat recovery systems, and energy-efficient equipment to reduce its energy consumption and minimize its impact on the environment. Additionally, the company also engages in several CSR activities such as providing education and healthcare facilities to local communities and supporting environmental conservation initiatives.
The company has a strong distribution network and sells its products under the brand name "Star Cement" in the eastern region of India.
Star Cement is a well-established cement manufacturer in Eastern India that has made a significant contribution to the construction industry in the eastern region. The product range for construction includes Ordinary Portland Cement (OPC 43-Grade) and (OPC 53-Grade) and Portland Pozzolana Cement (PPC), Portland Slag Cement (PSC) and a specialty cement in the value-added segment Anti Rust Cement (ARC) in line with evolving customer and construction needs.
Star Cement has reported standalone quarterly figures as follows:
Net Sales at Rs 623.49 crore in December 2022 up 15.44% from Rs. 540.09 crore in December 2021.
Quarterly Net Profit at Rs. 30.30 crore in December 2022 up 26.98% from Rs. 23.86 crore in December 2021.
EBITDA stands at Rs. 71.51 crore in December 2022 up 76.13% from Rs. 40.60 crore in December 2021.
Star Cement EPS has increased to Rs. 0.75 in December 2022 from Rs. 0.59 in December 2021.
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