Comparison · NSE · data 2026-11-02
India Cements Ltd. vs Star Cement Ltd.
In plain words
Size: India Cements Ltd. is about 1.4 times the market value of Star Cement Ltd..
Valuation (P/E): India Cements Ltd. 80.5 vs Star Cement Ltd. 18.8.
Return on equity: Star Cement Ltd. 13% vs India Cements Ltd. -0.7%.
Debt to equity: Star Cement Ltd. 0.19 vs India Cements Ltd. 0.13.
Differences in the numbers, not a recommendation of either stock.
Side by side
| INDIACEM | STARCEMENT | |
|---|---|---|
| Price | ₹318.2 | ₹172.19 |
| Market cap | ₹9,683 cr | ₹6,897 cr |
| P/E | 80.5 | 18.8 |
| P/B | 1 | — |
| ROE | -0.7% | 13.0% |
| ROCE | 0.7% | 12.3% |
| Debt / equity | 0.13 | 0.19 |
| Operating margin | 5.3% | 13.9% |
| Dividend yield | 0.00% | 1.17% |
| Sales growth, 3 years (yearly) | -7.3% | 11.7% |
| Profit growth, 3 years (yearly) | — | 16.7% |
| 1-year return | -21.0% | -32.2% |
| Revenue, last 12 months | ₹4,504 cr | ₹3,807 cr |
| Net profit, last 12 months | ₹123 cr | ₹370 cr |
| Latest quarter | Sept 2026 | Jun 2026 |
| Quarter net profit | ₹39 cr | ₹75 cr |
| Quarter profit vs a year earlier | +340.6% | -24.1% |
| Promoter holding | 75.00% | 58.11% |
| Health check | Weak (2.6/10) | Average (5.5/10) |
Common questions
Which has a higher P/E, India Cements Ltd. or Star Cement Ltd.?
India Cements Ltd. trades at the higher P/E (80.5 against 18.8). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Star Cement Ltd. (13.0% against -0.7%).
Which carries more debt?
Star Cement Ltd. has the higher debt-to-equity ratio (0.19 against 0.13).