star cement ceo

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%. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Should you invest in Star Cement (BSE:540575)? So take a peek at this free list of interesting companies. Star Cement FunZone Diwali Jackpot Winner List ARC Contractor Scheme Contact us Get In Touch With Us Regd. 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 Detailed director reports covering Star Cement Financial Results and Performance report. This analysis will also evaluate the appropriateness of CEO compensation when taking into account the earnings and shareholder returns of the company. Khaliehriat, Distt. Jantia Hills Mayur Garden, 2nd Floor, Opp. 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. 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. CEO compensation can have a massive impact on performance, but it's just one element. Get Top Management, MD , CEO , HR Manager Contact details with Email id of Star Cement Ltd in Kolkata . So, definitely, expect that one country, largely cement is a domestically driven sector. September 16, 2020. 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 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%. 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 … This article by Simply Wall St is general in nature. Promoted If you decide to trade Star Cement, use the lowest-cost* platform that is rated #1 Overall by Barron’s, Interactive Brokers. We are studying the market as it is a big market of 35-40 million tonnes and our Meghalaya plant is overlooking Bangladesh. In chat with Anil Singhvi, Sandeep Jain picks Ingersoll Rand; know why he is bullish on this stock, Angry at WhatsApp privacy policy update? Simply Wall St is a financial technology startup focused on providing unbiased, high-quality research coverage on every listed company in the world. So, we have an overall thought of creating a 10 million tonnes capacity.Â. "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. Concerned about the content? Please read our Financial Services Guide before deciding whether to obtain financial services from us. 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. Beware of fakes! In the East, West Bengal is connected with the sea but cement is not exported largely. So, I don’t think that in future, whether in India or in the North Eastern sector, there can be any improvement in the export. It’s FREE. Get up-to-date business information, contact details, latest news and press releases and people contacts on … But otherwise, we have plans to remain debt-free in the coming next three years.Â. 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? 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. So, its cash flow stands around Rs 400 crore. And, how will you fund the future expansion plans? 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? Besides, we have a grinding facility of around 1-1.50 million ton in Guwahati, which will be increased. Flawless balance sheet and fair value. Star Cement Co L.L.C. 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. Learn more about the team behind Simply Wall St. Get in touch with us directly. Check out our latest analysis for Star Cement. Notably, the salary of ₹19m is the entirety of the CEO compensation. So, I don’t think that there will be a need for any additional funding as sufficient internal accruals will be available with the company. It's hard to reach a conclusion about business performance right now. At times, there is lumpiness because money is invested in a project at once, while the cash flows come every quarter. Check the professional list by Designation, Email … Star Cement Meghalaya Limited is engaged in manufacturing of Cement Clinker and has aClinkerization plant with an installed capacity of 1.75 MTPA. A: Our Siliguri plant is a Rs 400 crore plant, which has been funded through internal accruals. 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. We did our research and spotted 1 warning sign for Star Cement that investors should look into moving forward. He is a promoter Director and also the Chairman of Star Cement Limited. 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 suggests that Star Cement remunerates its CEO largely in line with the industry average. During the year under review, the Company manufactured 15,41,945 MT of 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? Office & Works Lumshnong, P.O. We aim to bring you long-term focused analysis driven by fundamental data. We have rationalized realizations in certain markets and improved realizations in better markets like Northeast, he said. In an interview to CNBC-TV18, Sanjay Gupta, CEO of Star Cement spoke about the results and his outlook for the company. 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. 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.

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January 8, 2021