Valuation Star Cement Limited

Equities

Delayed Bombay S.E. Other stock markets 10:12:12 11/03/2026 am IST			5-day change	1st Jan Change
200.70 ^INR	+0.35%		-2.50%	-10.86%

20/02	Star Cement Begins Commercial Production at New Grinding Unit in Assam, India	MT
20/02	Star Cement commences production at new 2.0 mtpa unit in Assam	RE

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	40,026	36,215	45,187	91,446	86,899	80,836	-	-
Change	-	-9.52%	24.78%	102.37%	-4.97%	-6.98%	-	-
Enterprise Value (EV) ¹	35,267	30,905	42,423	91,771	90,275	83,984	83,833	82,987
Change	-	-12.37%	37.27%	116.32%	-1.63%	-6.97%	-0.18%	-1.01%
P/E ratio	21.4x	14.8x	18.2x	31x	51.4x	22x	18.7x	17.2x
PBR	1.93x	1.67x	1.87x	3.37x	3.02x	2.52x	2.22x	1.98x
PEG	-	0.4x	12.21x	1.6x	-1.2x	0x	1.1x	1.98x
Capitalization / Revenue	2.33x	1.63x	1.67x	3.14x	2.75x	2.17x	1.93x	1.74x
EV / Revenue	2.05x	1.39x	1.57x	3.15x	2.85x	2.26x	2x	1.79x
EV / EBITDA	10.6x	8.95x	9.06x	16.5x	15.6x	9.46x	8.54x	7.7x
EV / EBIT	14.5x	13.8x	12.6x	22.4x	36.6x	16x	13.6x	12.4x
EV / FCF	14.4x	14.1x	-21.3x	-16.8x	-32.3x	41.9x	65.2x	-38x
FCF Yield	6.96%	7.11%	-4.69%	-5.95%	-3.09%	2.38%	1.53%	-2.63%
Dividend per Share ²	-	-	-	-	-	0.98	1.067	0.94
Rate of return	-	-	-	-	-	0.49%	0.53%	0.47%
EPS ²	4.54	6.04	6.13	7.3	4.18	9.089	10.7	11.63
Distribution rate	-	-	-	-	-	10.8%	9.97%	8.08%
Net sales ¹	17,199	22,218	27,048	29,107	31,634	37,198	41,823	46,466
EBITDA ¹	3,326	3,453	4,684	5,563	5,786	8,881	9,816	10,783
EBIT ¹	2,426	2,236	3,373	4,097	2,467	5,254	6,150	6,697
Net income ¹	1,871	2,468	2,476	2,951	1,688	3,713	4,356	4,725
Net Debt ¹	-4,760	-5,309	-2,764	324.9	3,377	3,148	2,997	2,151
Reference price ²	97.05	89.60	111.80	226.25	215.00	200.00	200.00	200.00
Nbr of stocks (in thousands)	4,12,429	4,04,180	4,04,180	4,04,180	4,04,180	4,04,180	-	-
Announcement Date	09/06/21	17/05/22	19/05/23	22/05/24	21/05/25	-	-	-

¹INR in Million²INR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
STAR CEMENT LIMITED	21.84x	2.24x	9.39x	0.49%	87Cr
HOLCIM LTD	18.85x	2.42x	9.58x	2.85%	4.54TCr
ANHUI CONCH CEMENT COMPANY LIMITED	14.35x	0.8x	3.7x	3.42%	1.79TCr
JAMES HARDIE INDUSTRIES PLC	31.05x	3.39x	13.05x	-.--%	1.21TCr
DANGOTE CEMENT PLC	11.69x	2.99x	6.84x	7.7%	975.4Cr
SHREE CEMENT LIMITED	48.5x	4.01x	18.09x	0.58%	923.89Cr
BUZZI SPA	9.25x	1.48x	5.55x	1.81%	900.72Cr
EAGLE MATERIALS INC.	15.34x	3.39x	10.15x	0.48%	617.61Cr
HUAXIN BUILDING MATERIALS GROUP CO., LTD.	16.32x	1.58x	6.41x	2.36%	594.8Cr
TCC GROUP HOLDINGS CO., LTD.	76.65x	1.87x	8.66x	4.05%	571.28Cr
Average	26.38x	2.42x	9.14x	2.37%	1.22TCr
Weighted average by Cap.	22.79x	2.36x	9.02x	2.68%