Star Cement has a 7.7 MTPA production capacity for Cement and a 6.1 MTPA Clinker Production capacity. It also has captive Power Plant capacity of 51 MW.
As per the company’s investor presentation shared in November, the company plans on taking the cement capacity to 12 MTPA by financial year 2027.
Promoters of Star Cement currently hold a 66.47% stake in the company with Bhajanka and Chamaria families being the major stakeholders. Sources have told CNBC-TV18 that the Chamaria family is likely to be one of the sellers in the block deal.
If the deal is done at a 7.67 MT capacity, it values Star Cement at $150 per tonne, and in case it is done at a 9.67 MT capacity, it values the company at $120 per tonne.
7.67 MT is the current capacity for Star Cement and 9.67 MT capacity is what it aspires to have by the end of the next financial year.
For the September quarter, Star Cement reported an Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) of ₹97 crore, in comparison to ₹104 crore during the same quarter last year.
Star Cement’s EBITDA per tonne declined to ₹1,011 for the September quarter, compared to ₹1,164 last year. Volume growth for the company stood at 7.3% compared to last year.
Shares of Star Cement are off the highs of the day, currently trading 2.4% higher at ₹235.83.
