Sterlite Technologies Ltd

Sterlite Tech. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Sterlite Technologies Ltd

₹ 420 -0.73%
15 May - close price
stl.tech BSE: 532374 NSE: STLTECH
About

Sterlite Technologies Limited was established in July 2001 after the demerger of the telecom division of Sterlite Industries Ltd (SIL). In July 2006, STL acquired the transmission line business of SIL to foray into the power transmission cables business. STL has grown over the years to become the largest Optical Fiber and Optical Fiber Cables manufacturer in the country. The company also has sizeable presence in the overseas markets with an established presence in the global optical fiber market. [1]

Key Points

Market Position
The company’s global ex-China Optical Fiber Cables (OFC) market share was 8% in FY24 vs 12% in FY23. [1] It is among the largest and lowest-cost producers of Optical Fibre and OFC in India because of extensive backward integration. [2][3]

Website BSE NSE - BE
  • Market Cap ₹ 20,533 Cr.
  • Current Price ₹ 420
  • High / Low ₹ 435 / 67.6
  • Stock P/E 2,567
  • Book Value ₹ 31.3
  • Dividend Yield 0.00 %
  • ROCE 6.14 %
  • ROE 0.54 %
  • Face Value ₹ 2.00
Edit ratios

Pros

  • Debtor days have improved from 154 to 83.4 days.

Cons

  • Stock is trading at 13.4 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -10.0% over past five years.
  • Company has a low return on equity of -5.00% over last 3 years.
  • Earnings include an other income of Rs.169 Cr.
  • Promoter holding has decreased over last 3 years: -9.61%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Telecommunication Telecommunication Telecom - Equipment & Accessories Telecom - Equipment & Accessories

Part of BSE Telecommunication Nifty Microcap 250 Nifty Total Market Nifty500 LargeMidSmall Equal-Cap Weighted BSE 1000

Edit Columns
Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
1,354 1,155 1,135 867 510 516 554 590 555 543 559 592 752
1,231 1,019 1,051 888 598 556 527 577 530 502 524 578 689
Operating Profit 123 136 84 -21 -88 -40 27 13 25 41 35 14 63
OPM % 9% 12% 7% -2% -17% -8% 5% 2% 4% 8% 6% 2% 8%
52 38 56 38 56 47 44 31 22 38 39 20 72
Interest 78 77 76 71 54 40 43 38 42 34 35 40 43
Depreciation 50 49 49 50 47 45 44 44 41 42 42 41 42
Profit before tax 47 48 15 -104 -133 -78 -16 -38 -36 3 -3 -47 50
Tax % 47% 21% 7% -28% -23% -27% -44% -32% -31% 33% -33% -34% 34%
25 38 14 -75 -103 -57 -9 -26 -25 2 -2 -31 33
EPS in Rs 0.63 0.95 0.35 -1.88 -2.58 -1.17 -0.18 -0.53 -0.51 0.04 -0.04 -0.64 0.68
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
3,030 2,028 2,256 2,865 4,863 4,760 4,142 4,856 5,356 2,661 2,215 2,446
2,687 1,596 1,834 2,260 3,823 3,764 3,429 4,265 4,615 2,653 2,188 2,293
Operating Profit 343 432 422 605 1,040 997 713 591 741 8 27 153
OPM % 11% 21% 19% 21% 21% 21% 17% 12% 14% 0% 1% 6%
43 20 23 35 35 -18 58 -21 -85 217 145 169
Interest 179 98 117 103 95 204 190 216 280 227 163 152
Depreciation 108 107 145 170 168 232 215 198 203 185 174 167
Profit before tax 99 248 182 367 811 542 366 156 173 -187 -165 3
Tax % 15% 27% 14% 31% 34% 20% 29% 47% 57% -32% -30% 33%
84 181 156 255 535 434 261 83 75 -127 -115 2
EPS in Rs 2.14 4.59 3.91 6.35 13.30 10.73 6.59 2.09 1.88 -3.18 -2.36 0.04
Dividend Payout % 28% 22% 32% 31% 26% 33% 30% 24% 53% -0% -0% -0%
Compounded Sales Growth
10 Years: 2%
5 Years: -10%
3 Years: -23%
TTM: 10%
Compounded Profit Growth
10 Years: -27%
5 Years: -50%
3 Years: -71%
TTM: 107%
Stock Price CAGR
10 Years: 23%
5 Years: 20%
3 Years: 52%
1 Year: 508%
Return on Equity
10 Years: 12%
5 Years: 2%
3 Years: -5%
Last Year: 1%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 79 79 80 80 81 81 79 80 80 80 98 98
Reserves 1,164 815 792 990 1,508 1,729 1,747 1,763 1,804 1,641 1,320 1,428
1,692 910 1,068 1,163 1,529 1,972 2,241 2,664 3,049 2,393 1,214 1,219
1,292 704 811 1,151 2,809 2,315 2,668 2,909 2,695 2,882 1,474 1,267
Total Liabilities 4,227 2,508 2,750 3,384 5,926 6,096 6,736 7,416 7,628 6,996 4,106 4,012
914 914 1,131 1,088 1,809 2,262 2,204 2,149 1,967 1,848 1,681 1,600
CWIP 33 125 18 226 414 128 147 65 55 16 16 16
Investments 1,373 142 155 276 264 522 504 297 427 370 309 307
1,907 1,327 1,445 1,794 3,439 3,185 3,882 4,905 5,179 4,762 2,100 2,089
Total Assets 4,227 2,508 2,750 3,384 5,926 6,096 6,736 7,416 7,628 6,996 4,106 4,012

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
255 128 420 595 592 591 468 393 -194 959 80 145
-437 -100 -247 -427 -764 -517 -434 -296 -13 -116 -374 -127
196 -49 -122 -171 161 -56 -34 102 70 -797 314 -56
Net Cash Flow 14 -20 51 -2 -11 18 -0 199 -137 46 20 -38
Free Cash Flow 183 -45 231 300 -114 291 112 -5 -313 849 56 62
CFO/OP 79% 42% 111% 113% 75% 76% 72% 90% -33% 12,650% 267% 113%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 108 133 112 110 88 108 121 139 147 248 131 83
Inventory Days 74 75 120 95 56 44 64 62 54 81 93 105
Days Payable 165 142 167 196 264 213 327 320 277 574 315 162
Cash Conversion Cycle 17 66 65 9 -120 -60 -142 -119 -76 -244 -91 27
Working Capital Days -48 9 -7 -7 -40 -54 -38 -32 -31 -114 -149 5
ROCE % 10% 15% 16% 23% 34% 23% 14% 10% 15% -1% -0% 6%

Insights

In beta
Mar 2023 Mar 2024 Mar 2025
Global Optical Fibre Cable (OFC) Market Share (Ex-China)
%

Log in to view insights

Please log in to see hidden values.

Login
Optical Connectivity Attach Rate
%
Global Patents (Filed and Granted)
Number
Number of Active Digital Global Customers
Number
Open Order Book
INR Cr
Data Centre and Enterprise Revenue Contribution
%
Manufacturing Facilities
Number

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

5 Recently
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
54.05% 53.99% 53.99% 53.98% 44.18% 44.17% 44.17% 44.16% 44.41% 44.46% 44.45% 44.44%
7.16% 5.45% 4.75% 5.02% 7.77% 8.36% 8.71% 7.28% 6.74% 11.28% 10.93% 11.47%
1.99% 1.91% 1.96% 2.00% 11.73% 10.69% 9.42% 11.60% 11.33% 10.79% 11.04% 10.84%
36.81% 38.63% 39.31% 38.99% 36.31% 36.79% 37.70% 36.95% 37.52% 33.46% 33.56% 33.24%
No. of Shareholders 2,07,5132,25,5712,30,4632,32,6692,38,9752,42,2452,44,0332,38,3572,62,6292,31,1272,19,8892,12,162

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Credit ratings

Concalls