Star Cement Limited

Produces high-quality cement for various customers, including major corporations and government agencies.

2001 | Jaintia Hills, Meghalaya (India) | Active
Last Updated: June 23, 2024

Star Cement Profile

Key Indicators

  • Authorised Capital ₹ 83.00 Cr
  • Paid Up Capital ₹ 40.42 Cr
  • Company Age 23 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 559.00 Cr
  • Satisfied Charges ₹ 1,248.61 Cr
  • Revenue Growth 24.09%
  • Profit Growth -6.98%
  • Ebitda 30.12%
  • Net Worth 12.65%
  • Total Assets 11.18%

About Star Cement

Star Cement Limited (SCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 02 November 2001 and has a history of 23 years and two months. Its registered office is in Jaintia Hills, Meghalaya, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 540575 and on the National Stock Exchange(NSE) under STARCEMENT.

The Corporate was formerly known as Cement Manufacturing Company Limited. The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 83.00 Cr and a paid-up capital of Rs 40.42 Cr.

The company currently has active open charges totaling ₹559.00 Cr. The company has closed loans amounting to ₹1,248.61 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Star Cement Limited India are Manoj Agarwal as Cfo, Vinit Tiwari as Ceo, and Debabrata Thakurta as Company Secretary. Ramit Budhraja, Sajjan Bhajanka, Sanjay Agarwal, and Thirteen other members serve as directors at the Company.

Company Details

  • Location

    Jaintia Hills, Meghalaya, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L26942ML2001PLC006663

  • Company No.

    006663

  • Stock Symbol

    BSE : 540575 NSE : STARCEMENT

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    02 Nov 2001

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Shillong

Industry

Manufacturing

What products or services does Star Cement Limited offer?

Star Cement Limited offers a wide range of products and services, including Cement, Star Cement Cement, OPC Cement, Cement and Concrete, PSC Cement.

Who are the key members and board of directors at Star Cement?

Executive Team (8)

NameDesignationAppointment DateStatus
Tushar Bhajanka Country flag representing In Managing Director08-Aug-2023Current
Sanjay Agarwal Country flag representing In Managing Director16-Nov-2002Current
Manoj Agarwal Country flag representing In CFOCurrent
Sajjan Bhajanka Country flag representing In Managing Director16-Nov-2002Current
Rajendra Chamaria Country flag representing In Managing Director01-Apr-2012Current
Prem Bhajanka Country flag representing In Managing Director16-Nov-2002Current

Board Members (11)

NameDesignationAppointment DateStatus
Vivek Chawla Country flag representing In Director 01-Apr-2023Current
Nirmalya Bhattacharyya Country flag representing In Director 01-Feb-2022Current
Deepak Singhal Country flag representing In Director 29-Jun-2022Current
Ramit Budhraja Country flag representing In Director 01-May-2023Current
Pankaj Kejriwal Country flag representing In Whole-Time Director 26-Mar-2003Current
Brij Bhushan Country flag representing In Director 03-Jan-2003Current

Financial Performance of Star Cement.

Star Cement Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 24.09% increase. The company also saw a slight decrease in profitability, with a 6.98% decrease in profit. The company's net worth Soared by an impressive increase of 12.65%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
24.09%
Revenue from Operations
24.18%
Total Assets
11.18%
Profit or Loss
-6.98%
Net Worth
12.65%
EBITDA
30.12%

What is the Ownership and Shareholding Structure of Star Cement?

In 2023, Star Cement had a promoter holding of 67.12% and a public holding of 32.88%. The company had 6 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹559.00 Cr

Satisfied Charges

₹1,248.61 Cr

Charges Breakdown by Lending Institutions

  • Others : 499.00 Cr
  • Indian Bank : 30.00 Cr
  • State Bank Of India : 30.00 Cr

Latest Charge Details

DateLenderAmountStatus
29 Jan 2024Others₹4.00 CrOpen
30 Dec 2023Others₹175.00 CrOpen
30 Aug 2023State Bank Of India₹30.00 CrOpen
06 Jul 2023Indian Bank₹30.00 CrOpen
03 Jun 2022Others₹44.00 CrOpen

How Many Employees Work at Star Cement?

Star Cement has a workforce of 918 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Star Cement, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Star Cement's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Star Cement

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 30.00 Cr registered on 16 Sep 2019 with Charge ID 100288593 was modified on 10 Feb 2024.

    10 Feb 2024

  • Charges

    A charge with Others amounted to Rs. 4.00 Cr with Charge ID 100858485 was registered on 29 Jan 2024.

    29 Jan 2024

  • Charges

    A charge with Others amounted to Rs. 175.00 Cr with Charge ID 100851527 was registered on 30 Dec 2023.

    30 Dec 2023

  • Charges

    A charge registered on 31 Aug 2009 via Charge ID 10179320 with Others was fully satisfied on 29 Sep 2023.

    29 Sep 2023

  • Annual General Meeting

    Star Cement Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.

    28 Sep 2023

  • Charges

    A charge registered on 26 Aug 2003 via Charge ID 90265953 with State Bank Of India was fully satisfied on 04 Sep 2023.

    04 Sep 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Star Cement Limited was incorporated on 02 Nov 2001.

  • The authorized share capital of Star Cement Limited is ₹ 83.00 Cr and paid-up capital is ₹ 40.42 Cr.

  • Currently 19 directors are associated with Star Cement Limited.

    • Manoj Kumar Agarwal
    • Ramit Budhraja
    • Sajjan Bhajanka
    • Sanjay Agarwal
    • Rajendra Chamaria
    • Pankaj Kejriwal
    • Prem Kumar Bhajanka
    • Deepak Singhal
    • Brij Agarwal Bhushan
    • Plistina Dkhar
    • Jagdish Chandra Toshniwal
    • Amit Kiran Deb
    • Vivek Chawla
    • Ibaridor Katherine War
    • Keshav Bhajanka
    • Nirmalya Bhattacharyya
    • Tushar Bhajanka
    • Vinit Kumar Tiwari
    • Debabrata Thakurta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Star Cement Limited is Vill LumshnongKhaliehriat, Jaintia Hills, Meghalaya, India, 793200.

  • The corporate identification number (CIN) of Star Cement Limited is L26942ML2001PLC006663 and the company number is 006663 as per Ministry of Corporate Affairs (MCA).

  • Yes, Star Cement Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): STARCEMENT.

  • The Official website of Star Cement Limited is https://www.starcement.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Star Cement Limited has risen by 24.09%.

  • As Per 2023 financial reports, 918 employees are currently employed by Star Cement Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Star Cement Limited has experienced an upsurge of 12.65%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Star Cement Limited amount to ₹ 559.00 Cr.

  • The most recent Balance Sheet for Star Cement Limited was filed with the ROC on 31 Mar 2023.

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