About Star Cement Limited

Star Cement Limited is a public limited company incorporated on November 2, 2001, and is the largest cement and clinker manufacturer in North‑East India, operating integrated and grinding plants across Meghalaya, Assam, and West Bengal as part of a retail‑focused distribution strategy in the North‑East and East markets. The Group manufactures and sells cement, clinker, and allied products, with manufacturing forming 99% of turnover, and reported consolidated revenue from operations of Rs 3,163.39 crore for the year ended March 31, 2025.

• History and activities: Incorporated on November 2, 2001, Star Cement Limited and its subsidiaries are engaged in manufacturing and sale of cement and cement‑related products with plants located at Lumshnong (Meghalaya), Guwahati (Assam), and Siliguri (West Bengal), serving primarily North‑Eastern and Eastern states of India.

• Products/services: Principal activity is manufacturing of cement and clinker (NIC 23941), accounting for 99% of the Group’s turnover, with ancillary sales including power and fleet operating income.

• Operating geographies: Operations and sales are primarily within India, with one international office; the Group primarily operates within the geographical areas of India for revenue recognition.

• Subsidiaries: Star Cement Meghalaya Limited is a material subsidiary; during FY 2024‑25, “Ms. Ri Pnar Cement Private Limited” and “Ms. Kopili Cement I Private Limited” were incorporated as wholly owned subsidiaries with effective dates September 5, 2024 and September 17, 2024 respectively; Star Smart Building Solutions Limited (formerly Star Cement (I) Limited) has a non‑controlling interest and manufactures AAC blocks and construction chemicals.

• Key milestones: Commissioned and stabilised major capacity in FY 2024‑25, including a 3.3 million TPA clinker plant operational from April 21, 2024 and a 2 million TPA cement plant commissioned on March 12, 2024, expanding clinker capacity from 2.8 million TPA to 6.1 million TPA with a combined investment of Rs 1,800 crore.

About Star Cement Limited Business segments

• Primary segment: Single primary segment of cement and clinker; management deems disclosed revenue disaggregation sufficient and operates mainly within India for accounting purposes.

• Revenue mix: Revenue from operations comprised cement Rs 2,945.48 crore, clinker Rs 35.67 crore, power Rs 1.37 crore, others Rs 4.84 crore, and other operating income including incentives/subsidies Rs 167.18 crore and sale of scrap Rs 8.42 crore for FY 2024‑25, all computed from “(H in lakhs)” to crore format.

• Geographic split: The Group states it primarily operates within India; no domestic vs. international revenue percentage split is disclosed, so the geographic split is skipped as per instructions.

Star Cement Limited Key Management

• Sajjan Bhajanka — Chairman and Managing Director.

• Sanjay Agarwal — Managing Director.

• Prem Kumar Bhajanka — Managing Director.

• Tushar Bhajanka — Deputy Managing Director.

• Pankaj Kejriwal — Executive Director.

• Brij Bhushan Agarwal — Non‑Executive Director.

• Independent Directors: Vivek Chawla; Ibaridor Katherine War; Plistina Dkhar; Nirmalya Bhattacharyya; Amit Kiran Deb; Deepak Singhal; Ramit Budhraja; Jagdish Chandra Toshniwal.

• Chief Financial Officer: Manoj Agarwal; Company Secretary: Debabrata Thakurta.
  

Latest Updates on Star Cement Limited

• Commissioned 3.3 million TPA clinker line from April 21, 2024, and 2 million TPA cement plant from March 12, 2024, marking the Company’s largest expansion programme.

• Achieved industry‑leading EBITDA per tonne in Q4 FY 2024‑25 aided by subsidies on new units and recorded highest ever quarterly EBITDA, PBT, and PAT in Q4 FY 2024‑25, with incentives/subsidies of Rs 167.18 crore in FY 2024‑25.

• Expanded owned transport fleet mid‑year across North‑East India to improve delivery speed, control freight cost, and enhance responsiveness, with full benefits expected in FY 2025‑26.

• Maintained credit ratings at CRISIL AA (Stable) for long‑term and CRISIL A1 for short‑term facilities during FY 2024‑25.