Star Cement board approves Q1 FY27 results, re-appoints 3 MDs and ED for 3 years
STARCEMENT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.3 pts less than Nifty Microcap 250 and in line with its Cement & Cement Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Star Cement's board on August 7, 2026 approved Q1 FY27 results. Standalone revenue rose 5.8 percent YoY to Rs 576.31 crore with PAT at Rs 23.76 crore versus Rs 24.19 crore. Consolidated PAT declined to Rs 73.91 crore from Rs 98.16 crore. Board re-appointed Sajjan Bhajanka, Sanjay Agarwal, Prem Kumar Bhajanka (all as MDs) and Pankaj Kejriwal (Executive Director) for 3 years from April 1, 2027 to March 31, 2030. AGM set for September 25, 2026.
Leadership continuity at top; consolidated PAT fell about 25 percent YoY. Re-appointments need shareholder approval at September AGM.