Sterlite Technologies Ltd

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

Sterlite Technologies Ltd

₹ 67.9 -1.89%
21 May 2:03 p.m.
sterlitetechnologies.com 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
  • Market Cap ₹ 3,311 Cr.
  • Current Price ₹ 67.9
  • High / Low ₹ 113 / 52.2
  • Stock P/E
  • Book Value ₹ 40.8
  • Dividend Yield 0.00 %
  • ROCE 2.92 %
  • ROE -3.59 %
  • Face Value ₹ 2.00
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Pros

  • Company has reduced debt.
  • Company's working capital requirements have reduced from 71.8 days to 28.3 days

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -4.96% over past five years.
  • Company has a low return on equity of -0.27% over last 3 years.
  • Promoter holding has decreased over last 3 years: -10.0%

* 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

Sector: Cables Industry: Cables - Telephone

Part of BSE SmallCap BSE Allcap BSE Telecommunication Nifty Microcap 250 Nifty Total Market

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
1,497 1,487 1,683 1,883 1,872 1,522 1,494 1,322 843 1,218 1,413 999 1,052
1,367 1,326 1,452 1,641 1,616 1,308 1,281 1,232 812 1,134 1,268 892 927
Operating Profit 130 161 231 242 256 214 213 90 31 84 145 107 125
OPM % 9% 11% 14% 13% 14% 14% 14% 7% 4% 7% 10% 11% 12%
0 -35 -17 -16 8 30 11 12 24 8 5 -5 -24
Interest 68 68 77 78 89 92 95 94 71 71 84 58 65
Depreciation 87 76 76 78 78 81 85 84 81 82 83 80 79
Profit before tax -25 -18 61 70 97 71 44 -76 -97 -61 -17 -36 -43
Tax % 0% 33% 34% 33% 35% 27% 27% -22% -15% -21% -18% -33% -7%
-25 -24 40 47 63 52 32 -59 -82 -48 -14 -24 -40
EPS in Rs -0.55 -0.55 1.10 1.28 1.63 1.35 0.85 -1.43 -2.05 -0.98 -0.29 -0.49 -0.82
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
2,564 3,097 2,144 2,449 3,177 5,087 5,154 4,825 5,437 6,925 5,478 3,996
2,287 2,634 1,685 1,929 2,431 3,968 4,093 4,018 4,772 6,030 4,908 3,580
Operating Profit 277 463 459 519 746 1,120 1,061 807 665 895 570 416
OPM % 11% 15% 21% 21% 23% 22% 21% 17% 12% 13% 10% 10%
21 49 10 20 38 37 -16 58 -22 -64 68 -15
Interest 180 327 119 123 104 105 221 203 238 311 369 241
Depreciation 133 185 126 159 182 195 290 285 308 309 335 316
Profit before tax -15 0 225 257 497 856 533 377 97 211 -66 -156
Tax % 160% 3,355% 29% 15% 27% 32% 20% 30% 54% 40% -14% -21%
-40 -4 160 218 364 578 424 265 45 127 -57 -123
EPS in Rs -0.90 -0.07 3.89 5.06 8.34 13.98 10.74 6.95 1.51 3.54 -1.28 -2.52
Dividend Payout % -33% -896% 3% 25% 24% 25% 33% 29% 33% 28% 0% 0%
Compounded Sales Growth
10 Years: 3%
5 Years: -5%
3 Years: -10%
TTM: -27%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 1%
Stock Price CAGR
10 Years: 5%
5 Years: -1%
3 Years: -17%
1 Year: -28%
Return on Equity
10 Years: 13%
5 Years: 3%
3 Years: 0%
Last Year: -4%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 79 79 79 80 80 81 81 79 80 80 80 98
Reserves 1,031 1,008 676 800 1,095 1,639 1,839 1,908 1,875 2,011 1,943 1,892
4,338 5,725 1,085 1,092 1,178 2,067 2,577 2,944 3,475 3,834 3,376 1,926
1,478 1,568 775 938 1,359 3,226 2,698 3,124 3,281 2,886 2,879 1,611
Total Liabilities 6,926 8,380 2,614 2,911 3,712 7,012 7,195 8,055 8,711 8,811 8,278 5,527
1,725 4,055 1,137 1,313 1,234 2,468 3,060 3,174 3,351 3,246 3,209 2,928
CWIP 3,549 2,193 172 66 357 419 133 227 143 129 62 23
Investments 222 59 16 49 175 135 333 303 92 136 123 90
1,430 2,074 1,289 1,483 1,946 3,990 3,669 4,350 5,125 5,300 4,884 2,486
Total Assets 6,926 8,380 2,614 2,911 3,712 7,012 7,195 8,055 8,711 8,811 8,278 5,527

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
264 393 215 488 729 631 696 638 584 228 791 348
-1,727 -1,172 -128 -232 -586 -1,172 -624 -615 -481 -56 -211 -89
1,079 850 -81 -187 -152 570 -68 23 115 -132 -691 4
Net Cash Flow -384 71 6 69 -9 29 4 46 218 40 -111 263

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 81 98 121 102 100 97 111 110 115 96 106 75
Inventory Days 74 83 78 122 97 87 67 95 121 92 120 134
Days Payable 138 180 141 164 188 281 212 296 319 238 318 188
Cash Conversion Cycle 18 1 57 60 8 -97 -34 -91 -83 -50 -92 22
Working Capital Days -50 -13 53 72 48 34 42 89 92 97 90 28
ROCE % 3% 5% 8% 20% 27% 30% 19% 12% 8% 11% 5% 3%

Shareholding Pattern

Numbers in percentages

3 Recently
Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
54.15% 54.11% 54.10% 54.06% 54.05% 53.99% 53.99% 53.98% 44.18% 44.17% 44.17% 44.16%
5.99% 7.91% 7.87% 7.99% 7.16% 5.45% 4.75% 5.02% 7.77% 8.36% 8.71% 7.28%
7.21% 3.76% 2.87% 2.09% 1.99% 1.91% 1.96% 2.00% 11.73% 10.69% 9.42% 11.60%
32.65% 34.22% 35.16% 35.86% 36.81% 38.63% 39.31% 38.99% 36.31% 36.79% 37.70% 36.95%
No. of Shareholders 2,06,3922,10,9552,11,0852,05,9292,07,5132,25,5712,30,4632,32,6692,38,9752,42,2452,44,0332,38,357

* 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.

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