Star CementNSE:STARCEMENT -0.80%88 Net Margin % is 12.62% as of Mar. 2026, which is 11% above its 10-year median of 11.35. GuruFocus rates NSE:STARCEMENT with a GF Score™ of 88/100 and a GF Value™ of ₹266.78 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 406 Building Materials companies, Star Cement ranks better than 74.63% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Star Cement's Net Income for the
three
months ended in Mar. 2026 was ₹1,481 Mil. Star Cement's Revenue for the
three
months ended in Mar. 2026 was ₹11,736 Mil. Therefore, Star Cement's net margin for the quarter that ended in Mar. 2026 was 12.62%.
The historical rank and industry rank for Star Cement's Net Margin % or its related term are showing as below:
NSE:STARCEMENT'
s Net Margin % Range Over the Past 10 Years
Min: 5.34 Med: 11.35 Max: 20.56
Current: 10.42
NSE:STARCEMENT's Net Margin % is ranked better than 74.63% of 406
companies
in the Building Materials industry
Industry Median: 4.52
vs NSE:STARCEMENT: 10.42
Star Cement (NSE:STARCEMENT) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Star Cement Net Margin % Related Terms
Star Cement Net Margin % Historical Data
* Premium members only.
The historical data trend for Star Cement's Net Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:STARCEMENT vs CRH, VMC, MLM: Net Margin % Comparison
For the Building Materials subindustry, Star Cement's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Star Cement Net Margin % vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Star Cement's Net Margin % distribution charts can be found below:
* The bar in red indicates where Star Cement's Net Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Star Cement (NSE:STARCEMENT) has a Net Margin % of 12.62% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Star Cement and its competitors. This is 11% above median its historical median of 11.35. Over the past decade, Star Cement's Net Margin % has ranged from 5.34 to 20.56. According to the industry distribution chart, Star Cement ranks #103 out of 406 companies in the Building Materials industry, placing it in the top 25.4%.
Is Star Cement's Net Margin % too high?
Star Cement's current Net Margin % of 12.62% is 11% above median its 10-year median of 11.35. Over the past 10 years, this metric has ranged from a low of 5.34 to a high of 20.56. The Building Materials industry median Net Margin % is 4.52. Star Cement's value of 12.62% is 179.2% above this industry median. Based on the distribution chart, Star Cement ranks #103 out of 406 companies in the Building Materials industry, which is above the industry midpoint. Overall, Star Cement has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Star Cement's Net Margin % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Star Cement ranks #103 out of 406 companies for Net Margin %. This puts Star Cement in the upper half of its industry. The industry median Net Margin % is 4.52. Star Cement's value of 12.62% is 179.2% above this benchmark. Historically, Star Cement's own Net Margin % has ranged from 5.34 to 20.56 over the past decade. While the company's 10-year median is 11.35 vs. the industry median of 4.52, Star Cement has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Building Materials company?
The median Net Margin % among Building Materials companies is 4.52, based on 406 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Star Cement's current Net Margin % of 12.62% is 179.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Star Cement and its competitors. For the Building Materials industry, the median Net Margin % is 4.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Star Cement's current Net Margin % is 12.62%, which is 11% above median its own 10-year median of 11.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Star Cement stock overvalued right now?
Based on GuruFocus' analysis, Star Cement (NSE:STARCEMENT) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹266.78, compared to a current price of ₹210.65 — trading 21% below its estimated fair value. The current Net Margin % is 12.62%, which is 11% above median its 10-year median of 11.35 and 179.2% above the Building Materials industry median of 4.52. Star Cement's overall GF Score™ is 88/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Star Cement (NSE:STARCEMENT), the current Net Margin % is 12.62% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Star Cement (NSE:STARCEMENT) Overvalued in 2026?
Based on GuruFocus' analysis, Star Cement stock appears to be undervalued.
The current stock price of ₹210.65 is trading 21% below its estimated GF Value™ of ₹266.78.
GuruFocus considers Star Cement to be Modestly Undervalued.
Key valuation signals for NSE:STARCEMENT:
Net Margin %: 12.62% (11% above median its 10-year median of 11.35)
GF Value™: ₹266.78 vs. price of ₹210.65 (21% below fair value)
Industry Position: 179.2% above the Building Materials median (#103 of 406)
No single metric tells the full story. See the NSE:STARCEMENT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Star Cement Ltd is a cement company. It offers Cement and Cement linker products. The group markets clinker to different grinding units in North East India and parts of Eastern India. Its product range comprises ordinary Portland cement, Portland pozzolana cement, and Portland slag cement, among others. The company sells its products in India. Geographically, the company generates the majority of its revenue from India.
88GF Score
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