Star Cement Q4 profit rises 19%; EBITDA margin expands 180 bps

Star Cement Ltd reported a healthy operational performance for the quarter ended March 31, 2026, driven by higher revenue, improved profitability and stronger margins. The company also announced a key leadership transition with the appointment of Tushar Bhajanka as Managing Director and Chief Executive Officer.

On a consolidated basis, revenue from operations for Q4 FY26 stood at ₹1,173.6 crore, compared with ₹1,052.1 crore reported in the corresponding quarter last year, registering a growth of 11.5% year-on-year.

Net profit attributable to shareholders came in at ₹148.1 crore during the quarter, up from ₹123.2 crore reported in Q4 FY25, reflecting a rise of nearly 20% YoY.

Operationally, EBITDA increased to ₹315.1 crore during the March quarter from ₹262.7 crore in the year-ago period, translating into a growth of around 20% year-on-year.

EBITDA margin improved to 26.8% in Q4 FY26 compared with 25% reported in the corresponding quarter last year, marking an expansion of nearly 180 basis points.

Profit before tax stood at ₹206.8 crore against ₹171.4 crore reported in Q4 FY25.

Total income for the quarter came in at ₹1,182.7 crore, compared with ₹1,057.1 crore reported in the corresponding period last year.

Among key expenses, power and fuel costs stood at ₹157.7 crore, while carriage outward expenses on finished goods came in at ₹217.5 crore during the quarter.

Employee benefit expenses were reported at ₹69 crore, while finance costs stood at ₹12.9 crore. Depreciation and amortisation expenses for the quarter came in at ₹98.7 crore.

For the full financial year FY26, consolidated revenue from operations rose to ₹3,776.5 crore compared with ₹3,163.4 crore in FY25. Annual consolidated profit after tax stood at ₹390.5 crore against ₹168.8 crore reported in the previous financial year.

Separately, Star Cement Ltd announced the appointment of Mr. Tushar Bhajanka as Managing Director & Chief Executive Officer (CEO) with effect from May 22, 2026. Mr. Bhajanka, who previously served as Deputy Managing Director, has been associated with the company for several years and has played a significant role in its growth journey. He is the son of Mr. Prem Kumar Bhajanka, the company’s Vice Chairman & Managing Director.