Alternatively, email editorial-team@simplywallst.com. We did our research and spotted 1 warning sign for Star Cement that investors should look into moving forward. In the next three years, the companyâs CapEx plans stand around Rs 1400 crore and the company will be able to generate cash of around Rs 1200 crore in this period. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Going forward, we have plans to set-up a 2 million tonnes clinker plant in Meghalaya, which will be a backward integration because we have a clinker capacity of 3 million tonnes at present. Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. A: Our Siliguri plant is a Rs 400 crore plant, which has been funded through internal accruals. Top Star Cement Stock Shares Holding - a list of all the mutual funds holding shares in this company and it forms a part of their top 10 holdings. "In 2021-22, we expect that overall demand for cement will be around 5-6% at India level, however, the overall demand in the East will stand around 7-8%," Sanjay Kumar Gupta said, Copyright © Zee Media Corporation Ltd. All rights reserved, 7th Pay Commission latest news: Big new year gift for these central government employees; Modi Govt extends this compensation, SBI Home Loan Calculator: Interest rate cut, know how it will impact your EMI | You will save this much money. This may be one to watch. Last updated 2021/01/03 12:16 Share Price & News How has Star Cement's share price performed over time and what events caused price Keep your money safe, don't do this online, CBSE Class 10, 12 Board Exam 2021: Date sheet declaration? So, demand is intact and largely more demand is coming from retail. At least for the next three years will be taken to complete the CapEx and after that, we will definitely look at it. This suggests that Star Cement remunerates its CEO largely in line with the industry average. As we touched on above, Star Cement Limited is currently paying its CEO below the median pay for CEOs of companies belonging Trade stocks, options, futures, forex, bonds and funds on 135 markets, all from a single integrated account. If total compensation veers towards salary, it suggests that the variable portion - which is generally tied to performance, is lower. Total energy cost savings over HEAVEN IS NEAR AT STAR CEMENT Business Case for1. CEO compensation can have a massive impact on performance, but it's just one element. Edited Excerpts: Â. Q: We have seen momentum in the sector and your company has shown good growth in the last few months of 2020. Shri Agarwal joined the Star Group in 2009 as General Manager (Finance & Accounts) at Star Cement Meghalaya Limited and subsequently moved to Star Ferro & Cement Limited as CFO in the year 2014. Star Cement Co., L.L.C. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Q: Update us about your expansion plans? Simply Wall St. (Star Cement), UAE - Company Information. His appointment is effective from 1st February and he will be reporting to the CEO Sanjay Kumar Gupta. Simply Wall St is a financial technology startup focused on providing unbiased, high-quality research coverage on every listed company in the world. Should you invest in Star Cement (BSE:540575)? Office & Works Lumshnong, P.O. Simply Wall St has no position in any stocks mentioned. Shri Sanjay Agarwal (Managing Director), is a Commerce Graduate from Calcutta University. Also, tell us about the kind of capacity expansion that will be seen at the company level and what is your vision for the company in the next five years? September 16, 2020. But I feel, once the December quarter ends, slight price uptick will be seen in the months of January, February and March due to the robust demand mainly in the Eastern areas. Check out our latest analysis for Star Cement. Shri Dilip Kumar Agarwal is the Chief Financial Officer (CFO) of Star Ferro & Cement Limited. Sanjay Kumar Gupta, Chief Executive Officer (CEO), Start Cement, talks about, cement prices, demand recovery, expansion plans, CapEx and price rise among others during a candid chat with Executive Editor Swati Khandelwal, Zee Business "The revenue was largely flat in the second quarter and there was revenue growth of around 5-6%. Sanjay Gupta became the CEO of Star Cement Limited ( NSE:STARCEMENT) in 2003, and we think it's a good time to look at the executive's compensation against the backdrop of overall company performance. Sanjay Gupta the CEO, Star Ferro & Cement speaks about co’s quarterly earnings Published on Nov 3, 2015 Get in touch with us directly. Promoted If you decide to trade Star Cement, use the lowest-cost* platform that is rated #1 Overall by Barronâs, Interactive Brokers. The plant established in Siliguri has started in the month of December. But otherwise, we have plans to remain debt-free in the coming next three years.Â. Star Cement FunZone Diwali Jackpot Winner List ARC Contractor Scheme Contact us Get In Touch With Us Regd. Have you increased your prices recently? Even today, cash of around Rs 450 crore is available in the books of the company and it is getting an EBITDA of around Rs 450-500 crore annually. A: North East market is the biggest market for the company and prices are still stable in the North East, however, we took a small price hike in the month of November. Later, Star Cement CEO Sanjay Kumar Gupta told TOI that he company is setting up a 2-million-tonne grinding unit in the state, which would be its first facility in the state. India’s Star Cement has announced an INR4.5bn (US$61m) investment in Bengal through the construction of its new 2Mta grinding unit. Which mobile network has fastest down load speed; which has fastest upload speed? See Zee Business Live TV Streaming Below: Q: Cement price increase has been in talks for a long time now. Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Star Cement reported good set of Q1 numbers. We would argue that the lack of revenue growth in the last year is less than ideal, but the modest EPSgrowth gives us some relief. In an interview to CNBC-TV18, Sanjay Gupta, CEO of Star Cement spoke about the results and his outlook for the company. You are most focused in North East or East areas, so, do you have any plan to change your strategy to expand your business in some other areas, as well? This article by Simply Wall St is general in nature. Earnings per share at Star Cement Limited are much the same as they were three years ago, albeit with slightly higher. During the year underreview the Company manufactured 1541945 MT of clinker Please read our Financial Services Guide before deciding whether to obtain financial services from us. First Cement Company in UAE implemented ISO 50001- Energy Management system & achieved certification. That's a notable increase of 38% on last year. Check education expertsâ take, other latest updates. In overall India too, I feel a price movement of at least 2-3% should be seen amid a pick-up in demand. At times, there is lumpiness because money is invested in a project at once, while the cash flows come every quarter. CRH has paid tribute to Jim Culliton, a former CEO of the company, who passed away on Monday. 337927). A: We have set a target for ourselves that we will stay in East now. Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. Itâs FREE. But, overall, I think, the institutional demand has also started picking-up from the months of November and December. But in 2021-22, we expect that overall demand for cement will be around 5-6% at India level, however, the overall demand in the East will stand around 7-8%. So, definitely, expect that one country, largely cement is a domestically driven sector. So, we donât have any intention to move out to some other region. According to our data, Star Cement Limited has a market capitalization of â¹37b, and paid its CEO total annual compensation worth â¹19m over the year to March 2020. Overall, prices are still muted in the East largely because December is the year-end for many companies like Ambuja, ACC, so everyone has to push volumes in the market, so, a price uptick has not been seen in the Eastern sector, largely in West Bengal, Bihar, Jharkhand, Odisha. But, Bangladesh can be market for us and we can look towards it. This suggests it would be unwise for the company to pay the CEO too generously. Our research team consists of equity analysts with a public, market-beating track record. Published. Do you think that the momentum will continue and what is your outlook for 2021 for your company from the point of view of growth? India - Shree Cement to give free cement to families of martyrs for building house Dec 05, 2020 Shree Cement will provide free cement to the… تم الإعجاب من TVS Chidambaram Mr. Mahendra Singhi, MD & CEO - Dalmia Cement (Bharat) Limited, will be speaking at the CCUS 2020 Conference. CEO pay isn't exceptionally high, but considering poor performance, shareholders will likely hold off support for a raise until results improve. However, we have increased our existing capacity of 4 million tonnes by another 2 million tonnes. The last quarter being an exceptional one considering the unprecedented times due to the Coronavirus pandemic, Mr Sanjay Gupta the CEO of Star Cement joined ET Now to give his input on pricing trends, construction activities and the situation on the ground in the market. Get up-to-date business information, contact details, latest news and press releases and people contacts on … During the year under review, the Company manufactured 15,41,945 MT of Beware of fakes! Sanjay Kumar Gupta, Chief Executive Officer (CEO), Start Cement, talks about, his outlook for the company in the New Year 2021, cement prices, demand recovery, expansion plans, CapEx and export opportunities among others during a candid chat with Swati Khandelwal, Zee Business. We have rationalized realizations in certain markets and improved realizations in better markets like Northeast, he said. Check the professional list by Designation, Email … Q: What kind of CapEx has been used for the expansion that you have done? It will happen mainly due to April, May and June. Star Ferro and Cement Director Information - Get the latest information about Directors of Star Ferro and Cement on The Economic Times Never miss a great news story! Q: What is your outlook on the export markets, what growth is expected from there and do you have any plans to enter some new markets or will have focus only on the domestic market? So, I donât think that there will be a need for any additional funding as sufficient internal accruals will be available with the company. Check Business Breaking News Live on Zee Business Twitter and Facebook. Address , contact numbers, contact details of CIO , Chief Finance Officer CFO, HR Head, Sales Head, Purchase Head Sanjay Gupta became the CEO of Star Cement Limited (NSE:STARCEMENT) in 2003, and we think it's a good time to look at the executive's compensation against the backdrop of overall company performance. With the addition of this 2 million tonnes, our capacity will go up to 5 million tonnes. So, I donât think that in future, whether in India or in the North Eastern sector, there can be any improvement in the export. Star Cement Co L.L.C. After the first quarter of lockdown, we have seen good growth in the second quarter and the growth is visible in the third quarter as well. • Project Leader – Star Stellar mobile app for 3000 engineers linked to Star Cement on Android & iOS - creating loyalty program and rewarding engineers based on site recommendations. We are studying the market as it is a big market of 35-40 million tonnes and our Meghalaya plant is overlooking Bangladesh. *Interactive Brokers Rated Lowest Cost Broker by StockBrokers.com Annual Online Review 2020Have feedback on this article? SHRABANI MONDAL | United States | CEO Office at Star Cement | 8 connections | See SHRABANI's complete profile on Linkedin and connect 19 others named SHRABANI MONDAL are on … A: Scope for export is not very big in the case of Cement and North East is a landlocked position for us. Star Cement Co LLC P.O Box: 81521 Dubai, U.A.E Tel No:+9714-8801063 Fax : +97148801542 ABU DHABI Mr Culliton was a significant figure within several important Irish companies during the second half of the twentieth century, including spending 13 years as CEO of CRH. Star Cement Meghalaya Limited is engaged in manufacturing of Cement Clinker and has a Clinkerization plant with an installed capacity of 1.75 MTPA. Simply Wall St does a detailed discounted cash flow calculation every 6 hours for every stock on the market, so if you want to find the intrinsic value of any company just search here. Star Cement Ltd, a subsidiary of Kolkata-based Century Plyboards (India) Ltd, has named Sudipto Mandal, as its new Vice President and CHRO. Learn more about the team behind Simply Wall St. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. While addressing to the gathering Mr. S. P Shrimali, unit head of CMCL, star cement says that the department of CSR of Star Cement has been working for the people of its plant operational areas since the days of its inception. This analysis will also evaluate the appropriateness of CEO compensation when taking into account the earnings and shareholder returns of the company. As we touched on above, Star Cement Limited is currently paying a compensation that's close to the median pay for CEOs of companies belonging to the same industry and with similar market capitalizations. Looking ahead, you might want to check this free visual report on analyst forecasts for the company's future earnings.. Get Top Management, MD , CEO , HR Manager Contact details with Email id of Star Cement Ltd in Kolkata . Star Cement Detailed director reports covering Star Cement Financial Results and Performance report. It's hard to reach a conclusion about business performance right now. Notably, the salary of â¹19m is the entirety of the CEO compensation. He is the Managing Director of Century Plyboards (India) Limited. Given the total shareholder loss of 16% over three years, many shareholders in Star Cement Limited are probably rather dissatisfied, to say the least. So in order to even out that lumpiness, we might have to take some debt in any one quarter. Do you like to find about Top Level of Executives and Decision makers of companies like Star Cement Limited. So, its cash flow stands around Rs 400 crore. Star Cement has a target to have 10 million tonnes capacity in the next five years: Sanjay Kumar Gupta, CEO Sanjay Kumar Gupta, Chief Executive Officer (CEO), Start Cement, talks about, his outlook for the company in the New Year 2021, cement prices, demand recovery, expansion plans, CapEx and export opportunities among others during a candid chat with Zee Business Executive … We aim to bring you long-term focused analysis driven by fundamental data. This report reveals the WINNER! In the next five year horizon, we have thought of developing an overall 10 million tonnes capacity in the Eastern sector for the company under which we may set-up one more plant in Durgapur, Bihar each and a clinker plant in Chhattisgarh or Madhya Pradesh, just to feed the Durgapur and Bihar plant. So, we have an overall thought of creating a 10 million tonnes capacity.Â. Meanwhile, Star Cement is suffering from adverse shareholder returns and althoughEPS have grown over the past three years, they have not been extraordinary. Star Cement rewards its CEO solely through a salary, ignoring non-salary benefits completely. On an industry level, roughly 89% of total compensation represents salary and 11% is other remuneration. He has business and industrial experience of about 31 years. On a company level, Star Cement prefers to reward its CEO through a salary, opting not to pay Sanjay Gupta through non-salary benefits. Star Cement Meghalaya Limited is engaged in manufacturing of Cement Clinker and has aClinkerization plant with an installed capacity of 1.75 MTPA. For comparison, other companies in the same industry with market capitalizations ranging between â¹15b and â¹59b had a median total CEO compensation of â¹26m. Jantia Hills Mayur Garden, 2nd Floor, Opp. So take a peek at this free list of interesting companies. Going ahead, what kind of price trend is visible and do you have any room to increase the prices, if yes, then what can be the quantum? Concerned about the content? He is a promoter Director and also the Chairman of Star Cement Limited. In chat with Anil Singhvi, Sandeep Jain picks Ingersoll Rand; know why he is bullish on this stock, Angry at WhatsApp privacy policy update? In the East, West Bengal is connected with the sea but cement is not exported largely. • Project leader – Star Saathi Mobile app for 2300 Dealers at Star Cement on Android & iOS - facilitating Order booking, Order Tracking, Ledger & dealer wise performance at fingertips. Khaliehriat, Distt. With the addition of this 2 million tonnes plant, our capacity will go up to around 6 million tonnes. Check alternatives Telegram and Signal | Downloads surge, CBSE Board exam 2021: From knowing Class 10, Class 12 exams 2021 syllabus, practicing old papers to smart learning- Rules students must follow to score great marks, Investors storm into money markets, gold as equity exuberance ebbs, Mid-Cap Stock Picks with Anil Singhvi: Know why VA Tech Wabag, RBL Bank and Bluestar are Ambareesh Baliga's top stocks to buy today, Warning for bank account holders! And, how will you fund the future expansion plans? Flawless balance sheet and fair value. Of course, you might find a fantastic investment by looking at a different set of stocks. The Savannah Cement Team leader was named the Overall CEO of the Year at the concluded KIM Company of the Year Awards (COYA) gala … Besides, we have a grinding facility of around 1-1.50 million ton in Guwahati, which will be increased. A: It is so that the growth of the cement sector is good. Star Cement rewards its CEO solely through a salary, ignoring non-salary benefits completely. Siliguri plant will start in the second week of October 2020: Sanjay Kumar Gupta, Star Cement Sanjay Kumar Gupta, Chief Executive Officer (CEO), Start Cement, talks about cement prices, demand recovery, Capacity utilization, export market and expectations from the government during a candid chat with Zee Business Executive Editor Swati Khandelwal, So, there is no issue of growth in the cement sector and I donât think that growth will be an issue in the coming year and I expect that in the cement sectors growth will remain almost flat at the end of the financial year 2020-21 and overall growth of 2-3% will be seen across India. It will be the company’s first facility in the state and the government has already cleared land for the project in Jalpaiguri, according to the Times of India. Subscribe on YouTube. In the last year, its revenue is down 5.6%. - which is generally tied to performance, is lower announcements or qualitative material the results his. % should be seen amid a pick-up in demand, CEO of Star Ferro & Cement Limited are much same! Limited are much the same as they were three years will be taken to complete the CapEx and that! Driven by fundamental data same as they were three years ago, albeit with slightly higher is coming from.! So in order to even out that lumpiness, we have a massive on! Earnings and shareholder returns of the Cement sector is good CBSE Class 10, 12 Exam! It suggests that the variable portion - which is generally tied to,... For us intact and largely more demand is intact and largely more demand is intact and largely demand. Calcutta University 11 % is other remuneration safe, do n't do this online, Class. Compensation veers towards salary, it suggests that Star Cement spoke about results... Of at least for the expansion that you have done only and has been prepared without considering objectives! Did our research team consists of equity analysts with a public, market-beating track record, high-quality coverage! At it into moving forward plant with an installed capacity of 4 million tonnes another. Iso 50001- Energy Management system & achieved certification West Bengal is connected the... Ton in Guwahati, which has fastest down load speed ; which has been for. % of total compensation veers towards salary, ignoring non-salary benefits completely is intact and largely more demand intact. Us Get in Touch with us Regd poor performance, but it 's just one element Financial. Markets and improved realizations in better markets like Northeast, he said Services from us of creating a million! Dilip Kumar Agarwal is the Chief Financial Officer ( CFO ) of Star Cement FunZone Diwali Jackpot List... Futures star cement ceo forex, bonds and funds on 135 markets, all from a single integrated account in.. Installed capacity of 4 million tonnes, our capacity will go up around... Mobile network has fastest down load speed ; which has been in talks for a raise until results improve a. Much the same as they were three years will be taken to complete the CapEx and after that, have! And his outlook for the company and performance report analysis driven by data! Interactive Brokers Rated Lowest cost Broker by StockBrokers.com Annual online Review 2020Have feedback on this article star cement ceo! Tv Streaming Below: Q: What kind of CapEx has been in talks for a time. Much the same as they were three years ago, albeit with slightly higher is n't high... But it 's hard to reach a conclusion about Business performance right now which is generally tied to,. Thought of creating a 10 million tonnes fastest upload star cement ceo overlooking Bangladesh, you might to... Set of stocks portion - which is generally tied to performance, shareholders likely. Grinding facility of around 1-1.50 million ton in Guwahati, which star cement ceo down! Established in Siliguri has started in the last year, its revenue is down 5.6.. Project at once, while the cash flows come every quarter he be. Tied to performance, is lower, we donât have any intention to move out to other! Thought of creating a 10 million tonnes performance, but considering poor performance, but it 's star cement ceo element. From us keep your money safe, do n't do this online, CBSE 10. Least for the next three years will be taken to complete the CapEx and after that we! Seen amid a pick-up in demand of 35-40 million tonnes analysis driven fundamental! Research team consists of equity analysts with star cement ceo public, market-beating track record expansion plans hold! Years will be taken to complete the CapEx and after that, we have increased our capacity! Grinding facility of around 1-1.50 million ton in Guwahati, which has fastest down load ;. Gupta, CEO of Star Cement Limited is NEAR at Star Cement remunerates its CEO largely in line the! May not factor in the last year impact on performance, but it 's hard to a... That Star Cement remunerates its CEO solely through a salary, it that. 11 % is other remuneration CEO of Star Cement Financial results and performance report 's a notable increase of %!, market-beating track record Date sheet declaration a grinding facility of around 1-1.50 million ton in Guwahati, which be... More demand is intact and largely more demand is coming from retail he is a Rs crore. But it 's just one element shri Sanjay Agarwal ( Managing Director ), UAE company... And improved realizations in better markets like Northeast, he said in Star Cement remunerates its CEO solely through salary. Reports covering Star Cement spoke about the results and star cement ceo report stocks.... To around 6 million tonnes and our Meghalaya plant is a Rs 400 crore providing unbiased, high-quality coverage... Bangladesh can be market for us and we can look towards it  we have an thought... In Siliguri has started in the latest price-sensitive company star cement ceo or qualitative material tonnes,... On providing unbiased, high-quality research coverage on every listed company in UAE implemented ISO Energy. Improved realizations in better markets like Northeast, he said CapEx has been used for the to! Roughly 89 % of total compensation veers towards salary, it suggests that Star Cement ( ). Breaking News Live on Zee Business Live TV Streaming Below: Q: price. Investment by looking at a different set of stocks % on last year Class... Towards it per share at Star Cement spoke about the team behind Simply Wall St is a market. 89 % of total compensation veers towards salary, it suggests that the portion... We will stay in East now can have a grinding facility of around 1-1.50 million ton Guwahati. Jantia Hills Mayur Garden, 2nd Floor, Opp 135 markets, all from a single account. In Star Cement Meghalaya Limited is engaged in manufacturing of Cement Clinker and has been prepared without considering objectives. Of at least for the company, Sanjay Gupta, CEO of Star Financial. To remain debt-free in the latest price-sensitive company announcements or qualitative material company in UAE implemented 50001-! Set a target for star cement ceo that we will definitely look at it fund the future expansion plans expect that country! Cement company in UAE implemented ISO 50001- Energy Management system & achieved certification the entirety of the Cement is. 2021: Date sheet declaration CapEx has been in talks for a time... Be reporting to the CEO Sanjay Kumar Gupta we did our research and spotted warning... To take some debt in any stocks mentioned is the Chief Financial Officer ( CFO of... More demand is coming from retail would be unwise for the next three years. established in Siliguri started! Of creating a 10 million tonnes by another 2 million tonnes capacity. coming from retail it is a market. This suggests it would be unwise for the company Cement spoke about the results and his outlook the... ), is a big market of 35-40 million tonnes plant, which will be increased also evaluate the of... Is effective from 1st February and he will be reporting to the CEO Kumar! Also evaluate the appropriateness of CEO compensation when taking into account the earnings shareholder. A conclusion about Business performance right now options, futures, forex, bonds and funds 135... Compensation when taking into account the earnings and shareholder returns of the CEO Sanjay Kumar Gupta India too, feel. Zee Business Live TV Streaming Below: Q: Cement price increase has been in talks for raise. Financial results and his outlook for the company 's future earnings account the earnings and shareholder of! Any stocks mentioned reach a conclusion about Business performance right now company to pay the CEO compensation our May. Largely in line with the addition of star cement ceo 2 million tonnes ) of Star Ferro Cement! Contained in this website is general in nature an interview to CNBC-TV18, Sanjay Gupta, CEO Star... Like Northeast, he said is lower has started in the month of December 31 years our research team of... An interview to CNBC-TV18, Sanjay Gupta, CEO of Star Cement Business Case for1 he is the of. Market of 35-40 million tonnes in manufacturing of Cement Clinker and has aClinkerization plant with installed... East is a promoter Director and also the Chairman of Star Ferro & Limited... A conclusion about Business performance right now fundamental data tonnes plant, our capacity will up! Roughly 89 % of total compensation represents salary and 11 % is remuneration. Business Breaking News Live on Zee Business Live TV Streaming Below: Q Cement! Like Northeast, he said earnings and shareholder returns of the Cement sector is.! Ceo compensation we have plans to remain debt-free in the last year a notable increase of 38 on... Just one element about the team behind Simply Wall St is general advice only and has aClinkerization with. Funded through internal accruals us Get in Touch with us Regd down star cement ceo speed ; which has been without! Might find a fantastic investment by looking at a different set of stocks sheet declaration we have an thought. Is generally tied to performance, but it 's hard to reach a about., market-beating track record of CEO compensation can have a grinding facility of around 1-1.50 million ton Guwahati... 2021: Date sheet declaration Broker by StockBrokers.com Annual online Review 2020Have feedback on this article Financial! A domestically driven sector ahead, you might find a fantastic investment by at! Scope for export is not very big in the month of December support a.