View ValuationSterlite Technologies 향후 성장Future 기준 점검 4/6Sterlite Technologies (는) 각각 연간 48.7% 및 13% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 49.1% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 18.6% 로 예상됩니다.핵심 정보48.7%이익 성장률49.05%EPS 성장률Communications 이익 성장45.5%매출 성장률13.0%향후 자기자본이익률18.60%애널리스트 커버리지Low마지막 업데이트08 May 2026최근 향후 성장 업데이트Major Estimate Revision • May 06Consensus EPS estimates increase by 18%The consensus outlook for earnings per share (EPS) in fiscal year 2027 has improved. 2027 revenue forecast increased from ₹57.2b to ₹62.3b. EPS estimate increased from ₹6.50 to ₹7.65 per share. Net income forecast to grow 609% next year vs 82% growth forecast for Communications industry in India. Consensus price target up from ₹230 to ₹423. Share price rose 15% to ₹341 over the past week.Price Target Changed • Feb 07Price target increased by 24% to ₹159Up from ₹128, the current price target is an average from 2 analysts. New target price is 20% above last closing price of ₹132. The company is forecast to post earnings per share of ₹1.50 next year compared to a net loss per share of ₹1.49 last year.Major Estimate Revision • Feb 01Consensus EPS estimates fall by 76%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ₹63.5b to ₹58.0b. EPS estimate also fell from ₹5.50 per share to ₹1.30 per share. Net income forecast to grow 185% next year vs 50% growth forecast for Communications industry in India. Consensus price target down from ₹178 to ₹156. Share price rose 3.9% to ₹142 over the past week.Major Estimate Revision • Oct 27Consensus EPS estimates increase by 10%, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from ₹73.2b to ₹67.6b. EPS estimate rose from ₹9.87 to ₹10.90. Net income forecast to grow 30% next year vs 51% growth forecast for Communications industry in India. Consensus price target broadly unchanged at ₹183. Share price fell 9.4% to ₹150 over the past week.Price Target Changed • Jul 28Price target decreased by 13% to ₹185Down from ₹211, the current price target is an average from 3 analysts. New target price is 24% above last closing price of ₹149. Stock is up 5.4% over the past year. The company is forecast to post earnings per share of ₹11.43 for next year compared to ₹6.15 last year.모든 업데이트 보기Recent updatesMajor Estimate Revision • May 06Consensus EPS estimates increase by 18%The consensus outlook for earnings per share (EPS) in fiscal year 2027 has improved. 2027 revenue forecast increased from ₹57.2b to ₹62.3b. EPS estimate increased from ₹6.50 to ₹7.65 per share. Net income forecast to grow 609% next year vs 82% growth forecast for Communications industry in India. Consensus price target up from ₹230 to ₹423. Share price rose 15% to ₹341 over the past week.Reported Earnings • May 01Full year 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2026 results: EPS: ₹1.15 (up from ₹1.49 loss in FY 2025). Revenue: ₹48.0b (up 20% from FY 2025). Net income: ₹560.0m (up ₹1.28b from FY 2025). Profit margin: 1.2% (up from net loss in FY 2025). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) missed analyst estimates by 18%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 31% growth forecast for the Communications industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.내러티브 업데이트 • Apr 29532374: Future Equity Fundraising And Warrants Will Pressure Shareholder ReturnsThe updated analyst price target for Sterlite Technologies has moved from ₹118 to ₹180, with analysts pointing to adjusted assumptions on discount rate, expected revenue growth, profit margin, and future P/E as the key drivers of this change. What's in the News Board meeting scheduled for April 29, 2026 to review audited standalone and consolidated financial results for the year ended March 31, 2026, consider a final dividend, and evaluate potential fund raising through equity or equity linked instruments, including convertible securities via private placement (Board Meeting).공시 • Apr 21+ 1 more updateSterlite Technologies Limited to Report Q4, 2026 Results on Apr 29, 2026Sterlite Technologies Limited announced that they will report Q4, 2026 results on Apr 29, 2026Buy Or Sell Opportunity • Apr 15Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 171% to ₹255. The fair value is estimated to be ₹203, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 20% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 45% in 2 years. Earnings are forecast to grow by 15,181% in the next 2 years.내러티브 업데이트 • Apr 14532374: Fibre Breakthroughs And Data Centre Wins Will Drive Re RatingAnalysts have lifted their fair value estimate for Sterlite Technologies from ₹200 to ₹280, citing refreshed assumptions on revenue growth, profit margins and future P/E that support a higher long term price target. What's in the News Sterlite Technologies closed a private placement on March 30, 2026, following approvals from the board, regulators, and the stock exchange for the previously announced transaction involving warrants convertible into equity shares (Key Developments).내러티브 업데이트 • Mar 31532374: Next Generation Fibre Wins And Trials Will Support Re RatingAnalysts have lifted their price target on Sterlite Technologies from ₹130 to ₹200, citing updated assumptions for revenue growth, profit margin, discount rate, and future P/E that together point to a higher assessed fair value for the stock. What's in the News Sterlite Technologies closed a private placement on March 30, 2026, after receiving approvals from the board, regulators, and the stock exchange.공시 • Mar 31Sterlite Technologies Limited announced that it has received INR 1.24575 billion in funding from Twin Star Overseas Ltd.On March 30, 2026, Sterlite Technologies Limited closed the transaction. The transaction is approved by board of directors of the company, regulatory authority and stock exchange.내러티브 업데이트 • Mar 17532374: Promoter Convertible Warrants Will Likely Weigh On Future Shareholder ReturnsAnalysts have kept Sterlite Technologies' fair value estimate steady at ₹118, with small adjustments to the discount rate, revenue growth, profit margin, and future P/E assumptions leading to an unchanged price target. What's in the News The board approved amendments to the Articles of Association on February 7, 2026 to include clauses for issuing non-convertible and convertible securities, including warrants, subject to shareholder and other approvals, with an EGM scheduled for March 4, 2026 (company filing).내러티브 업데이트 • Mar 03532374: Preferential Warrants To Promoter Will Pressure Shareholder ReturnsAnalysts have kept their fair value estimate for Sterlite Technologies steady at ₹118. They point to slightly adjusted assumptions around the discount rate, revenue growth, profit margin and future P/E as the basis for their unchanged price target.내러티브 업데이트 • Feb 17532374: Warrant Issue And Governance Changes Will Limit Near Term UpsideAnalysts have maintained their fair value estimate for Sterlite Technologies at ₹118, while making slight adjustments to underlying assumptions. These include a lower discount rate, more moderate revenue growth, a higher profit margin, and a somewhat reduced future P/E.Board Change • Feb 12High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director C. Krishnan was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.공시 • Feb 09Sterlite Technologies Limited announced that it expects to receive INR 1.24575 billion in funding from Twin Star Overseas Ltd.Sterlite Technologies Limited announced a private placement of 45,300,000 Pre-Funded Convertible Warrants at a price per Warrant of INR 110 on preferential basis of 25% of INR 27.5 for gross proceeds of INR 1,245,750,000 on February 7, 2026. The transaction involves participation from returning investor Twin Star Overseas Limited. The transaction has been approved in the shareholder's meeting of the company. Each Warrant is convertible into, or exchangeable for 1 equity share of the Company of face value INR 2 at a premium of INR 108 per share which may be exercised in one or more tranches during a period of 18 (eighteen) months commencing from the date of allotment of the Warrants. In the event the allottee does not exercise the Warrants within the aforesaid period, the unexercised Warrants shall lapse and the amount paid by the allottee on the unexercised Warrants shall stand forfeited. The transaction is subject to approval from shareholders and the Board of Directors of the Company have decided to hold an EGM of the Company on March 4, 2026. Twin Star Overseas Limited has Pre-Preferential allotment of 209,402,750 shares of the company for 42.90% ownership and Post-Allotment of Warrants pursuant to the preferential issue of 254,702,750 shares and 47.75% of ownership which includes 45,300,000 warrants on a fully diluted basis post-allotment.Price Target Changed • Feb 07Price target increased by 24% to ₹159Up from ₹128, the current price target is an average from 2 analysts. New target price is 20% above last closing price of ₹132. The company is forecast to post earnings per share of ₹1.50 next year compared to a net loss per share of ₹1.49 last year.내러티브 업데이트 • Feb 02532374: Fibre Network Trials Will Support A More Positive Re RatingAnalysts have trimmed their fair value estimate for Sterlite Technologies from ₹150 to ₹130, reflecting updated views on growth, margins, the discount rate, and a lower assumed future P/E multiple. What's in the News Sterlite Technologies plans a Special and Extraordinary Shareholders Meeting via postal ballot in India on February 28, 2026, which may cover key corporate decisions for existing investors (company event filing).New Risk • Jan 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.3x net interest cover). Minor Risks Share price has been volatile over the past 3 months (5.5% average weekly change). Large one-off items impacting financial results.Buy Or Sell Opportunity • Jan 28Now 25% overvaluedOver the last 90 days, the stock has fallen 15% to ₹104. The fair value is estimated to be ₹83.15, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 20% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 45% in 2 years. Earnings are forecast to grow by 12,267% in the next 2 years.Reported Earnings • Jan 24Third quarter 2026 earnings released: ₹0.35 loss per share (vs ₹0.46 loss in 3Q 2025)Third quarter 2026 results: ₹0.35 loss per share (improved from ₹0.46 loss in 3Q 2025). Revenue: ₹12.7b (flat on 3Q 2025). Net loss: ₹170.0m (loss narrowed 26% from 3Q 2025). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 27% growth forecast for the Communications industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance.내러티브 업데이트 • Jan 19532374: Upcoming Board Decisions Will Support Stronger Future OutlookThe updated analyst price target for Sterlite Technologies remains at ₹118.0, with analysts citing adjusted assumptions on discount rate, revenue growth, profit margin and future P/E as the basis for maintaining this level. What's in the News Sterlite Technologies has scheduled a board meeting on November 6, 2025, to consider and approve unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025 (company filing).공시 • Jan 13Sterlite Technologies Limited to Report Q3, 2026 Results on Jan 23, 2026Sterlite Technologies Limited announced that they will report Q3, 2026 results on Jan 23, 2026내러티브 업데이트 • Jan 05532374: Quantum Secure Network Breakthrough Will Drive Stronger Future OutlookAnalysts have modestly revised their price target for Sterlite Technologies upward to ₹118.0. This reflects slightly stronger expectations for revenue growth and profit margins, despite a marginally higher discount rate and a lower future P E multiple. What's in the News Sterlite Technologies has scheduled a board meeting on November 6, 2025 to consider and approve unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025 (Key Developments).내러티브 업데이트 • Dec 14532374: Quantum Secure Fibre Breakthrough Will Drive Stronger OutlookThe analyst price target for Sterlite Technologies has been revised upward from ₹106 to ₹118 as analysts factor in slightly faster expected revenue growth, modestly higher profit margins, and a marginally richer future earnings multiple despite a small uptick in the assumed discount rate. What's in the News Sterlite Technologies signed an MoU with QNu Labs to jointly develop quantum secure communication solutions over optical fibre, integrating Quantum Key Distribution with high capacity multi core fibre networks and targeting global quantum safe deployments (Key Developments).Reported Earnings • Nov 07Second quarter 2026 earnings released: EPS: ₹0.08 (vs ₹0.26 loss in 2Q 2025)Second quarter 2026 results: EPS: ₹0.08 (up from ₹0.26 loss in 2Q 2025). Revenue: ₹10.5b (down 26% from 2Q 2025). Net income: ₹40.0m (up ₹170.0m from 2Q 2025). Profit margin: 0.4% (up from net loss in 2Q 2025). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Communications industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance.공시 • Oct 28Sterlite Technologies Limited to Report Q2, 2026 Results on Nov 06, 2025Sterlite Technologies Limited announced that they will report Q2, 2026 results on Nov 06, 2025공시 • Aug 12Sterlite Technologies Limited Announces Executive AppointmentsSterlite Technologies Limited announced the appointment of Jimi Barker as Chief Business Officer, Data Centres, ONB, Tom Boswellas Head of Presales for Europe/UK Optical Connectivity Business, and Amir Sekhawat as Business Head of Copper Business in the past quarter/s. Jimi excels at fostering innovation and driving process improvements across business lines, with expertise in the telecommunications and data infrastructure industries, including distinguished service in the U.S. Military. Tom is a seasoned telecom leader with deep expertise in access, carrier networks, and physical infrastructure. He excels at designing fibre and copper network solutions and has worked for 30 years in British Telecom/Openreach. Amir brings with him more than twenty years of global experience in copper and fibre communication solutions and new product development, working with the likes of Superior Essex in the US and Nexans in Europe.Reported Earnings • Jul 26First quarter 2026 earnings released: EPS: ₹0.20 (vs ₹0.97 loss in 1Q 2025)First quarter 2026 results: EPS: ₹0.20 (up from ₹0.97 loss in 1Q 2025). Revenue: ₹10.3b (down 16% from 1Q 2025). Net income: ₹100.0m (up ₹570.0m from 1Q 2025). Profit margin: 1.0% (up from net loss in 1Q 2025). The move to profitability was driven by lower expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Communications industry in Asia. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.공시 • Jul 25Sterlite Technologies Limited, Annual General Meeting, Aug 20, 2025Sterlite Technologies Limited, Annual General Meeting, Aug 20, 2025, at 10:30 Indian Standard Time.공시 • Jul 14Sterlite Technologies Limited to Report Q1, 2026 Results on Jul 25, 2025Sterlite Technologies Limited announced that they will report Q1, 2026 results on Jul 25, 2025Buy Or Sell Opportunity • Jun 11Now 21% overvaluedOver the last 90 days, the stock has fallen 3.6% to ₹77.06. The fair value is estimated to be ₹63.89, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 9.0% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • May 17Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: ₹1.49 loss per share (further deteriorated from ₹1.45 loss in FY 2024). Revenue: ₹40.3b (down 27% from FY 2024). Net loss: ₹720.0m (loss widened 24% from FY 2024). Revenue missed analyst estimates by 25%. Earnings per share (EPS) also missed analyst estimates by 60%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Communications industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 40 percentage points per year, which is a significant difference in performance.공시 • May 11Sterlite Technologies Limited to Report Fiscal Year 2025 Results on May 16, 2025Sterlite Technologies Limited announced that they will report fiscal year 2025 results on May 16, 2025새로운 내러티브 • May 09Optical Networking And Services Will Unlock Future Opportunities Focus on optical networking and strategic investments in technology may drive significant market share and revenue growth amidst rising data center demand.New Risk • Apr 24New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 9.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.3x net interest cover). Minor Risk Share price has been volatile over the past 3 months (9.9% average weekly change).공시 • Apr 02Sterlite Technologies Limited completed the Spin-Off of STL Networks Limited.The Board of Sterlite Technologies Limited (BSE:532374) announced the spin-off of STL Networks Limited on May 17, 2023. As per the transaction, Sterlite Technologies Limited shareholders on the record date will receive 1 equity share of STL Networks for every 1 equity share held. The transaction is approved by board of directors of Sterlite Technologies Limited and is subject to approvals from the shareholders and creditors of Sterlite Technologies, as may be directed by the National Company Law Tribunal, Mumbai Bench, BSE, NSE, Securities and Exchange Board of India and approval of other regulatory or statutory authorities as may be required. As of July 12, 2024, Sterlite Technologies shareholders and secured and unsecured creditors approved the demerger. As of February 19, 2025, National Company Law Tribunal has sanctioned the scheme. As of March 31, 2025, certified copy of the said Order has been filed with the jurisdictional Registrar of Companies. The Board of Sterlite Technologies Limited (BSE:532374) completed the Spin-Off of STL Networks Limited on April 1, 2025. Rahul Puri will lead as the Chief Executive Officer of Optical Networking Business at STL, and Pankaj Malik will be the Chief Executive Officer of STL Networks.Reported Earnings • Jan 18Third quarter 2025 earnings released: ₹0.46 loss per share (vs ₹1.23 loss in 3Q 2024)Third quarter 2025 results: ₹0.46 loss per share (improved from ₹1.23 loss in 3Q 2024). Revenue: ₹12.7b (down 4.4% from 3Q 2024). Net loss: ₹230.0m (loss narrowed 53% from 3Q 2024). Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Communications industry in Asia. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.공시 • Jan 17+ 1 more updateSterlite Technologies Limited Appoints Pankaj Malik as an Interim Chief Executive Officer of Global Services Business, Effective from February 01, 2025Board of Directors of Sterlite Technologies Limited in its meeting held on January 17, 2025 has appointed Mr. Pankaj Malik as an Interim Chief Executive Officer of Global Services Business with effect from February 01, 2025. Mr. Pankaj Malik has over 27 years of extensive experience in strategic operations, digital transformations, and stakeholder management, with 20 years spent in the telecom sector. His diverse leadership background includes notable companies such as Philips India, Vodafone Idea, Bharti Airtel, G4S Secure Solutions, and Crest Digitel. Before joining STL, Pankaj served as the COO at Crest Digitel, where he played a pivotal role in managing and overseeing operations across 22 telecom circles. Pankaj holds a Master's degree in International Marketing from IIEIM and a Bachelor's degree in Commerce (Accounting and Finance) from Delhi University.공시 • Jan 06Sterlite Technologies Limited to Report Q3, 2025 Results on Jan 17, 2025Sterlite Technologies Limited announced that they will report Q3, 2025 results on Jan 17, 2025공시 • Dec 27Sterlite Technologies Limited Announces Change in Management, Effective January 31, 2025Sterlite Technologies Limited informed changes in the senior management and key managerial personnel of the Company: Mr. Praveen Cherian, CEO-Global Services Business has tendered his resignation to pursue his journey towards entrepreneurship. Mr. Cherian will be relieved effective close of business hours of January 31, 2025. Mr. Amit Deshpande, AVP-General Counsel & Company Secretary (Key Managerial Personnel) has tendered his resignation to pursue opportunities outside of the Company. Mr. Deshpande will be relieved effective close of business hours of January 31, 2025.공시 • Nov 22Sterlite Technologies Limited Appoints Rahul Puri as Chief Executive Officer for the Optical Networking BusinessSterlite Technologies Limited announced that Mr. Rahul Puri, who has been the Business Head - EMEIA & APAC of the company, will now take over the role of Chief Executive Officer (CEO) for the Optical Networking Business of the company. Rahul will report to Mr. Ankit Agarwal, Managing Director of the Company. Rahul Puri is an accomplished business leader with over 24 years of global expertise in business development, sales, marketing, operations and product management. Throughout his career, Rahul has worked with some of the world's leading technology and telecom companies, including Apple, Samsung, Ericsson, Reliance, and Airtel, across diverse geographies. His deep belief in innovation and a relentless customer-first approach has enabled him to successfully scale brands, secure long-term agreements with top telecommunications providers, and advise on high-impact strategic investments. Under his leadership, STL has expanded its footprint in key global markets, positioning itself for sustained growth in the evolving telecom and technology sectors. Rahul's proven ability to drive operational excellence and deliver significant business outcomes has made him an invaluable asset to the company and a recognized thought leader in the industry. A dynamic and results-driven leader, Rahul excels in building strong partnerships, navigating complex challenges, and delivering impactful business results. His extensive industry experience, combined with his global perspective, positions him as a transformative force in shaping the future of telecom and technology, making him a key figure for investors to watch as STL continues its growth trajectory in the global market.공시 • Nov 15Sterlite Technologies Limited Announces Management ChangesSterlite Technologies Limited informed that Mr. David De Craemer, Business Head Global Optical Connectivity, has tendered his resignation to seek opportunities outside of the Company. Mr. David will be relieved effective close of business hours of November 30, 2024. Mr. Binod Balachandran, who has been the Chief Operations Officer for Optical Connectivity, will take over the role of interim Business Head Global Optical Connectivity. A long-standing member of their leadership team, Binod has been instrumental in incubating the connectivity business from scratch - building the team, products and the business which is spread across India, MEA, EU and NAM. Binod comes with a rich experience in diverse portfolios such as sales, business development, solution sales, product management, application engineering, product development and manufacturing. In his previous stints, he has been associated with SFO, Commscope, Schneider and TE connectivity.Reported Earnings • Oct 31Second quarter 2025 earnings released: ₹0.26 loss per share (vs ₹0.68 profit in 2Q 2024)Second quarter 2025 results: ₹0.26 loss per share (down from ₹0.68 profit in 2Q 2024). Revenue: ₹14.2b (down 5.3% from 2Q 2024). Net loss: ₹130.0m (down 148% from profit in 2Q 2024). Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Communications industry in Asia. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings.공시 • Oct 17Sterlite Technologies Limited Announces Cessation of Sandip Das as Independent DirectorSterlite Technologies Limited announced that Mr. Sandip Das is completing his second term as an Independent Director of the Company on October 15, 2024, and consequently will cease to be the Director of the Company effective end of business hours i.e. October 15, 2024.공시 • Oct 15Sterlite Technologies Limited to Report Q2, 2025 Results on Oct 30, 2024Sterlite Technologies Limited announced that they will report Q2, 2025 results on Oct 30, 2024Recent Insider Transactions • Oct 03Insider recently sold ₹2.0m worth of stockOn the 26th of September, Naveen Bolalingappa sold around 16k shares on-market at roughly ₹126 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹21m more than they bought in the last 12 months.공시 • Sep 12Sterlite Technologies Limited Showcases Its 288 Fibre Microcable with 180-Micron Fibre At Connected Britain 2024Sterlite Technologies Limited showcased its 288 fibre Microcable with 180-micron fibre at Connected Britain 2024. STL is one of the leading companies in the industry to develop a microcable product using 180-micron fibre. STL was among the first in the world to develop 180-micron fibre. Embedding it in its microcable design further pushes the envelope on product innovation. Additionally, the company also put forth its elevated 200-micron Microcable family (96-864 fibres) with an impressive 20% average area reduction, improving duct utilisation and blow performance while reducing material consumption and carbon footprint. STL's 180-micron Microcable combines two innovations - a miniaturised fibre design and a high-density, low-diameter cable. With 288 fibres in a 6.6 mm outer diameter, the product offers superior installation and handling performance. Compliant with ITU-T G.657.A2 and IEC 60794-5-10 standards, this flexible and ultra-lightweight cable can be deployed in 8mm microducts using air-blowing techniques, reducing installation time and cost. The bend-insensitive properties of this fibre make the cable immune to tight bend scenarios. With a first principles approach to materials, design and manufacturing innovation, STL took meaningful strides in its 200-micron HD Microcable family (96 - 864 fibres), unlocking benefits for service providers and installers: Increased available duct utilisation through 20% area reduction; Improved installation efficiency through higher blowing speed; Backward compatibility with legacy networks; Reduced carbon footprint with lower material consumption.공시 • Jul 31+ 1 more updateSterlite Technologies Limited Unveils Advanced High-Density Optical Fibre Cables At Fibre Connect 2024STL unveiled high-density, 864F Micro Cables - conceptualized and developed specifically to bring fast and uninterrupted connectivity to dense fiber networks in the US. With best-in-class high fiber density - 864F Micro cable can pack 864 fibers in a cable diameter of 11.4 mm (1.5X more fibers than a standard micro cable of the same diameter). It employs STL's bend-insensitive HD A2 200-micron fiber. The 864F cable can bring numerous benefits to service providers in the region: Ultra-high fiber density: 1.5X more fiber density, easy to blow up to 1500 m in 14mm duct, highest fiber density of 10.2mm2. Longer network life: Compatible bend-insensitive 200-micron fiber provides more power budget for longer network life, fewer truck rolls, faster installation. Sustainable and cost saving: 40% lesser plastic usage compared to standard micro cable, saves up to 70% in the civil cost. Easy to install: reduced form factor enables tighter cable coiling in installation and slim outer jacket layers provide easy access to fiber bundles. In addition to the 864F Micro cable, STL also introduced its Intelligently Bonded Ribbon (IBR) Armored cable. The compact design ensures ease of installation, while precise ribbon geometries in IBR bundles deliver excellent mass fusion splicing outcomes. This UV-protected, lightweight, and flexible cable is a pioneering solution for diverse installation environments. STL's manufacturing facility in South Carolina is already catering to the demand of federal and privately funded broadband projects, including the BEAD Program. Now, at the Fiber Connect event, STL also introduced its Optical Connectivity portfolio. Now, with these high-capacity Optical Fibre cables, STL will have an integrated Optical Networking portfolio explicitly designed for the region.공시 • Jul 30Sterlite Technologies Limited to Report Q1, 2025 Results on Jul 30, 2024Sterlite Technologies Limited announced that they will report Q1, 2025 results on Jul 30, 2024공시 • Jul 22Sterlite Technologies Limited to Report Q1, 2025 Results on Jul 30, 2024Sterlite Technologies Limited announced that they will report Q1, 2025 results on Jul 30, 2024Reported Earnings • Jul 07Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: ₹1.45 loss per share (down from ₹6.15 profit in FY 2023). Revenue: ₹54.8b (down 21% from FY 2023). Net loss: ₹580.0m (down 124% from profit in FY 2023). Revenue missed analyst estimates by 5.6%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Communications industry in Asia. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.공시 • Jul 05Sterlite Technologies Limited, Annual General Meeting, Jul 29, 2024Sterlite Technologies Limited, Annual General Meeting, Jul 29, 2024, at 09:00 Indian Standard Time.New Risk • May 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.8x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.2% average weekly change). Shareholders have been diluted in the past year (22% increase in shares outstanding).Reported Earnings • May 09Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: ₹1.44 loss per share (down from ₹6.15 profit in FY 2023). Revenue: ₹55.4b (down 20% from FY 2023). Net loss: ₹580.0m (down 124% from profit in FY 2023). Revenue missed analyst estimates by 5.6%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Communications industry in Asia. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.공시 • May 09Sterlite Technologies Limited Recommends No Dividend for the Financial Year Ended March 31, 2024Sterlite Technologies Limited announced that the Board of Directors of Company at its meeting held May 8, 2024, approved Board has not recommended any dividend for the financial year ended March 31, 2024.Buy Or Sell Opportunity • May 08Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.8% to ₹125. The fair value is estimated to be ₹163, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has declined by 19%. Revenue is forecast to grow by 28% in 2 years. Earnings are forecast to grow by 414% in the next 2 years.공시 • Apr 24Sterlite Technologies Limited to Report Q4, 2024 Results on May 08, 2024Sterlite Technologies Limited announced that they will report Q4, 2024 results on May 08, 2024Reported Earnings • Apr 18Third quarter 2024 earnings released: ₹1.23 loss per share (vs ₹1.93 profit in 3Q 2023)Third quarter 2024 results: ₹1.23 loss per share (down from ₹1.93 profit in 3Q 2023). Revenue: ₹13.2b (down 30% from 3Q 2023). Net loss: ₹490.0m (down 164% from profit in 3Q 2023). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Communications industry in Asia. Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 17% per year.Buy Or Sell Opportunity • Apr 18Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 10% to ₹130. The fair value is estimated to be ₹168, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has declined by 19%. Revenue is forecast to grow by 28% in 2 years. Earnings are forecast to grow by 414% in the next 2 years.New Risk • Apr 14New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 22% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.7x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (22% increase in shares outstanding).공시 • Apr 10Sterlite Technologies Limited has filed a Follow-on Equity Offering.Sterlite Technologies Limited has filed a Follow-on Equity Offering. Security Name: Equity Shares Security Type: Common Stock Price(minimum): INR 119 Transaction Features: Regulation S; Subsequent Direct ListingValuation Update With 7 Day Price Move • Apr 04Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹129, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 23x in the Communications industry in Asia. Total loss to shareholders of 44% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹188 per share.공시 • Feb 16Sterlite Technologies Limited completed the acquisition Clearcomm Group Limited.Sterlite Technologies Limited (BSE:532374) agreed to acquire Clearcomm Group Limited for approximately £110 million on July 22, 2021. The transaction is structured to be completed in two tranches. The consideration will be paid in cash. Clearcomm will be completely integrated into our Network and System Integration Business. The deal is financed both by a mix of internal accruals as well as debt. Existing founders to continue to be part of the business with an experienced team. 80% will be acquired in the first tranche subject to customary pre-closing conditions. Residual 20% stake will be acquired in 2023. Clearcomm generated revenues of £20 million for the year ended November 30, 2020. Sterlite Technologies Limited acquired 80% stake in Clearcomm Group Limited effective July 27, 2021. Clearcomm directors Stuart Evans and Richard Breffitt, will retain 20% of business and continue managing Clearcomm to support the delivery of the growth plan.Sandip Khroud and Shantanu Sinha of Hill Dickinson LLP acted as UK legal counsels while Aravind Venugopal of Khaitan & Co. acted as legal advisor to Sterlite Technologies Limited on the transaction. Simon Ward, Jamie Berry and Thomas Hammond of Springboard Corporate Finance LLP advised the shareholders of Clearcomm Group Limited.Sterlite Technologies Limited completed the acquisition Clearcomm Group Limited on February 15, 2024. As a part of closing, the Company now holds 100% shares of Clearcomm. Higgs LLP acted as legal advisor to Clearcomm group.Major Estimate Revision • Feb 01Consensus EPS estimates fall by 76%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ₹63.5b to ₹58.0b. EPS estimate also fell from ₹5.50 per share to ₹1.30 per share. Net income forecast to grow 185% next year vs 50% growth forecast for Communications industry in India. Consensus price target down from ₹178 to ₹156. Share price rose 3.9% to ₹142 over the past week.Board Change • Feb 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. 2 highly experienced directors. Director of Operations, COO of Optical Network Business & Whole-time Director Venkatesh Murthy was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Jan 26Third quarter 2024 earnings released: ₹1.23 loss per share (vs ₹1.96 profit in 3Q 2023)Third quarter 2024 results: ₹1.23 loss per share (down from ₹1.96 profit in 3Q 2023). Revenue: ₹13.4b (down 29% from 3Q 2023). Net loss: ₹490.0m (down 164% from profit in 3Q 2023). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Communications industry in Asia. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.공시 • Jan 13Sterlite Technologies Limited to Report Q3, 2024 Results on Jan 25, 2024Sterlite Technologies Limited announced that they will report Q3, 2024 results on Jan 25, 2024공시 • Nov 21Sterlite Technologies Limited Announces Board AppointmentsSterlite Technologies Limited announces appointment of David De across these regions. To further strengthen its position, STL has hired two people in key leadership roles - David De Craemer as the Business Head and Tomasz Bednarczyk as the global R&D Head for the Optical Connectivity business. David De Craemer brings over 25 years of industry experience working with the likes of TE Connectivity and CommScope. Tomasz Bednarczyk has worked for 18 years at Corning in various R&D, Finance and PLM domains.Reported Earnings • Nov 01Second quarter 2024 earnings released: EPS: ₹0.71 (vs ₹1.11 in 2Q 2023)Second quarter 2024 results: EPS: ₹0.71 (down from ₹1.11 in 2Q 2023). Revenue: ₹14.9b (down 16% from 2Q 2023). Net income: ₹280.0m (down 36% from 2Q 2023). Profit margin: 1.9% (down from 2.5% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Communications industry in Asia. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Oct 28Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₹136, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 23x in the Communications industry in Asia. Total loss to shareholders of 6.2% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹112 per share.Major Estimate Revision • Oct 27Consensus EPS estimates increase by 10%, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from ₹73.2b to ₹67.6b. EPS estimate rose from ₹9.87 to ₹10.90. Net income forecast to grow 30% next year vs 51% growth forecast for Communications industry in India. Consensus price target broadly unchanged at ₹183. Share price fell 9.4% to ₹150 over the past week.공시 • Oct 17+ 1 more updateSterlite Technologies Limited to Report Q2, 2024 Results on Oct 26, 2023Sterlite Technologies Limited announced that they will report Q2, 2024 results on Oct 26, 2023공시 • Oct 12Sterlite Technologies Limited Launches AlnnovSTL Digital announced the launch of `AInnov, a solutioning fabric of powerful Generative AI Services, frameworks, methodologies and solutionsdesigned for enterprises to accelerate Generative AI-led innovation and adoption. AInnov enables development of embedded AI applications for multi stakeholder experiences. STL Digital's expertise in Data Engineering and Generative AI has culminated in the development of these cutting-edge solutions, aimed at empowering businesses to deliver exceptional customer experiences by harnessing advanced natural language understanding and response generation across various domains. While enterprises are increasingly employing generative AI to analyze complex data sets, discern patterns, and process multi-faceted variables, the path to integrating these advanced systems is riddled with challenges. Some of the most significant hurdles include training Generative AI for specific enterprise use cases, fine-tuning algorithms for greater accuracy, ensuring data security, handling multi-modal inputs, and improving the quality of trained data. STL Digital has successfully cultivated robust capabilities in designing and training AI models to produce novel, context- aware outputs and has honed its proficiency in refining and testing these models in real-world scenarios. STL Digital's AInnov empowers enterprises to innovate with AI and realize business value. The components of AInnov include: AI services, frameworks, methodologies, and solutions: These form the core components of AInnov, whichoffers tailored solutions for document summarization, data augmentation, custom Q&A dialogue, and experience reimagination. Model fine-tuning and implementations for specific use cases, public and proprietary enterprise data. AInnov allows for the customisation ("fine-tuning") of existing AI models to better suit specific applications ("use cases"), ensuring flexibility and adaptability. Integration with industry-leading AI platforms -AInnov seamlessly integrates with existing AI platforms and algorithms, including hyperscalers and open-source ecosystem. It enhances their capabilities and enables enterprises to customise them to their unique needs, thereby expediting the path to contextualization and adoption. Consumer experience engineering - STL Digital has created an innovative Experience Commerce solution that combines Gen AI, mobile features, mixed reality, and APIs to facilitate decision-making for reimagining, comparing, and actualizing new experiences. This solution leverages AInnov's patent-pending technology, integrating commercial Gen AI components and open-source innovation. Industry value realization- STL Digital's Alnnov solution on Gen AI and Digital Twin modeling, have the potential to increase productivity, improve predictive maintenance and enhance security for multiple industries like energy, resources, life sciences, manufacturing & consumer goods.공시 • Sep 16Sterlite Technologies Limited Formally Announces the Launch of its Manufacturing Facility in Lugoff, South Carolina - The Palmetto PlantSterlite Technologies Limited formally announced the launch of its manufacturing facility in Lugoff, South Carolina - The Palmetto Plant. Named after the state tree of South Carolina, this facility, also designated as STL's North American Headquarters, symbolizes STL's commitment to the US market. The Palmetto Plant was inaugurated by Hon. Henry McMaster, Governor of South Carolina, in the presence of government dignitaries, key customers, and representatives from the Fiber Broadband Association, National Telecommunications and Information Administration, and local Chambers of Commerce. This strategic investment and expansion efforts in the U.S. further reinforce STL's commitment to the Make in America vision. Addressing the market demand for 5G, FTTx, and the push for rural broadband, The Palmetto Plant, spanning over 168,000 sq. ft will specialize in future-ready optical solutions, including high fiber count cables with smaller diameters. The emphasis will also extend to pioneering designs, notably high-capacity ribbonized cables and ruggedized designs for rural deployments. To help operators tackle the industry-wide skills shortage, the new Lugoff facility is also prioritizing optical connectivity products that are simple to deploy, monitor, and maintain. Additionally, comprehensive on-site testing aligned with industry-standard GR20 guidelines ensures the high quality and reliability of its products. STL has committed to being Net zero by 2030. Following in the footsteps of STL's other global manufacturing units, the Lugoff facility also aims to achieve zero waste and reduce energy consumption progressively. The Palmetto Plant employs over 150 people, including skilled manufacturing associates and seasoned industry specialists leading the company's North American operations. From glass to fiber, cabling, and optical connectivity, STL is one of only 6 players worldwide with end-to-end capabilities in this space. The company works closely with regional and national players and with industry associations like the FBA and the Power and Communication Contractors Association (PCCA) to create meaningful impact at scale.공시 • Aug 12+ 1 more updateSterlite Technologies Limited Announces Executive ChangesSterlite Technologies Limited announced that Mr. Manish Sinha, Chief Marketing Officer of the Company has tendered his resignation to pursue opportunities outside of the Company (Resignation letter attached). Ms. Khushboo Chawla, who is currently heading Communications will take over the role to lead Marketing and Communications for the Company, globally. Ms. Khushboo Chawla has been with the Company for over 5 years and has 16+ years of all- round marketing experience across verticals like product marketing, pricing, brand, communications, market research, and customer lifecycle management. She has managed and led marketing efforts for global telecom companies including Vodafone, Telenor, Idea, and now, STL.Upcoming Dividend • Aug 01Upcoming dividend of ₹1.00 per share at 0.7% yieldEligible shareholders must have bought the stock before 08 August 2023. Payment date: 10 September 2023. Payout ratio is a comfortable 16% but the company is not cash flow positive. Trailing yield: 0.7%. Lower than top quartile of Indian dividend payers (1.5%). Higher than average of industry peers (0.5%).Price Target Changed • Jul 28Price target decreased by 13% to ₹185Down from ₹211, the current price target is an average from 3 analysts. New target price is 24% above last closing price of ₹149. Stock is up 5.4% over the past year. The company is forecast to post earnings per share of ₹11.43 for next year compared to ₹6.15 last year.Reported Earnings • Jul 21Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: ₹6.15 (up from ₹4.08 in FY 2022). Revenue: ₹69.6b (up 28% from FY 2022). Net income: ₹2.45b (up 51% from FY 2022). Profit margin: 3.5% (up from 3.0% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) also missed analyst estimates by 27%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Communications industry in Asia. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.공시 • Jul 18Sterlite Technologies Limited Proposes Dividend for the Financial Year Ended March 31, 2023Sterlite Technologies Limited at its Twenty Fourth Annual General Meeting ("AGM") to be held on August 11, 2023 proposed to declare Dividend of INR 1 (50%) per Equity Share for the financial year ended March 31, 2023.공시 • Jul 13Sterlite Technologies Limited, Annual General Meeting, Aug 11, 2023Sterlite Technologies Limited, Annual General Meeting, Aug 11, 2023, at 09:00 Indian Standard Time.공시 • May 18Sterlite Technologies Limited Recommends Final Dividend for the Year 2022-23Sterlite Technologies Limited announced that the board of directors in its meeting held on May 17, 2023, has recommended final dividend of INR 1 per equity share of INR 2 each for the year 2022-23, subject to shareholders approval.Reported Earnings • May 18Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: ₹6.13 (up from ₹1.21 in FY 2022). Revenue: ₹69.7b (up 21% from FY 2022). Net income: ₹2.45b (up 410% from FY 2022). Profit margin: 3.5% (up from 0.8% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) also missed analyst estimates by 27%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Communications industry in Asia. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.공시 • May 06Sterlite Technologies Limited to Report Q4, 2023 Results on May 17, 2023Sterlite Technologies Limited announced that they will report Q4, 2023 results on May 17, 2023공시 • Feb 01ZephyrTel, Inc. signed an agreement to acquire Elitecore Technologies Sdn. Bhd and Sterlite Technologies DMCC and Elitecore Technologies from Sterlite Technologies Limited (BSE:532374) for $15 million.ZephyrTel, Inc. signed an agreement to acquire Elitecore Technologies Sdn. Bhd and Sterlite Technologies DMCC and Elitecore Technologies from Sterlite Technologies Limited (BSE:532374) for $15 million on January 31, 2023. The consideration to be paid in cash. cash consideration of $15 million is subject to closing adjustments. Date of completion of sale is subject to conditions precedents and customary closing conditions.Reported Earnings • Jan 28Third quarter 2023 earnings released: EPS: ₹1.96 (vs ₹3.53 loss in 3Q 2022)Third quarter 2023 results: EPS: ₹1.96 (up from ₹3.53 loss in 3Q 2022). Revenue: ₹18.9b (up 38% from 3Q 2022). Net income: ₹770.0m (up ₹2.17b from 3Q 2022). Profit margin: 4.1% (up from net loss in 3Q 2022). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Communications industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance.공시 • Jan 17Sterlite Technologies Limited to Report Q3, 2023 Results on Jan 27, 2023Sterlite Technologies Limited announced that they will report Q3, 2023 results on Jan 27, 2023Buying Opportunity • Dec 23Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 7.7%. The fair value is estimated to be ₹207, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.9% over the last 3 years. Meanwhile, the company became loss making.공시 • Dec 16Sterlite Technologies Limited (BSE:532374) completed the acquisition of a 25% stake in Jiangsu Sterlite & Tongguang Optical Fibers Co., Ltd. from Jiangsu Tongguang Information Co. Ltd.Sterlite Technologies Limited (BSE:532374) signed the definitive agreement to acquire remaining 25% stake in Jiangsu Sterlite Tongguang Fiber Co. Ltd. from Jiangsu Tongguang Information Co. Ltd. for CNY 55.7 million on June 29, 2022. The consideration will be paid in cash. Post acquisition, Jiangsu Sterlite & Tongguang Optical Fibers will become a wholly owned subsidiary of Sterlite Technologies. The transaction is subject to approval by China’s State Administration for Market Regulations and China’s State Administration of Foreign Exchange and expected to close 90 business days from signing the agreement. Sterlite Technologies Limited (BSE:532374) completed the acquisition of a 25% stake in Jiangsu Sterlite & Tongguang Optical Fibers Co., Ltd. from Jiangsu Tongguang Information Co. Ltd. on December 14, 2022.공시 • Dec 07Sterlite Technologies Limited Appoints Tushar Shroff as the Chief Financial OfficerBoard of Directors of Sterlite Technologies Limited at its meeting held on December 6, 2022 has approved appointment of Mr. Tushar Shroff, as the Chief Financial Officer of the Company with effect from December 6, 2022. Tushar Shroff is a qualified Chartered Accountant and Cost Accountant with an experience of more than 28 years in the field of fundraising, capital structuring, mergers & acquisitions, treasury management, taxation, financial accounting and planning, investor relations and business partnering. Prior to joining STL, Tushar Shroff has worked for global and Indian multinational organizations like ABB, ELSTER Metering, Piramal Healthcare, SCHOTT Glass, Zydus Cadila, and Intas Pharmaceuticals. During the course of his career, he has managed multi-billion dollar organizations and has been instrumental in building high-networth organizations through various initiatives. In his last assignment, he has served as the Group CFO for Intas Pharmaceuticals Limited, one of the leading Pharmaceutical companies in India.Reported Earnings • Nov 05Second quarter 2023 earnings released: EPS: ₹1.11 (vs ₹2.55 in 2Q 2022)Second quarter 2023 results: EPS: ₹1.11 (down from ₹2.55 in 2Q 2022). Revenue: ₹18.0b (up 19% from 2Q 2022). Net income: ₹440.0m (down 56% from 2Q 2022). Profit margin: 2.4% (down from 6.7% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Communications industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance.공시 • Oct 22Sterlite Technologies Limited to Report Q2, 2023 Results on Nov 04, 2022Sterlite Technologies Limited announced that they will report Q2, 2023 results on Nov 04, 2022공시 • Sep 24Sterlite Technologies Limited Announces Resignation of Mr. Mihir Modi as Chief Financial Officer (Cfo), Effect from Close of Business Hours of October 14, 2022Sterlite Technologies Limited announced that Mr. Mihir Modi, Chief Financial Officer and Key Managerial Personnel of the Company has tendered his resignation and will be relieved from his duties with effect from close of business hours of October 14, 2022.공시 • Sep 02Sterlite Technologies Limited Appoints Ashwini Bakshi as Chief Sales OfficerSterlite Technologies Limited announced the addition of Ashwini Bakshi as Chief Sales Officer to its global leadership team. In his new role, Ashwini will be a part of the Executive Committee of the company and will be responsible for driving the company's order book and revenues across portfolios, customer segments and geographies. Prior to joining STL, Ashwini was the Managing Director, Head of Region Europe & Africa at Project Management Institute (PMI). He has more than 25 years of global experience working with the likes of Nokia, Ericsson and Kathrein Mobile. Ashwini has played an instrumental role in sales and strategic growth capability building. He has led and delivered a formidable financial performance for telecom giants working with world-class teams. He has led multi-billion dollar P&Ls at Nokia/Nokia Siemens and was instrumental in significantly multiplying O&M solution orders and revenues atEricsson. He has managed a broad and global customer base spanning service providers, corporates and the public sector (MTNL, BSNL, public infrastructure, and Defence sector in India and Germany) and has been an integral part of their digital journey.공시 • Aug 27Sterlite Technologies Limited Approves Dividend for the Financial Year Ended March 31, 2022Sterlite Technologies Limited approves dividend of INR 0.50/- per Equity Share of the face value of INR 2/-each for the financial year ended March 31, 2022, at its Annual General Meeting held on August 26, 2022.이익 및 매출 성장 예측BSE:532374 - 애널리스트 향후 추정치 및 과거 재무 데이터 (INR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수3/31/202967,2145,4064,1108,11013/31/202871,8516,5485,2569,75623/31/202762,2853,9727,04511,90023/31/202647,4505603,2705,200N/A12/31/202543,63030N/AN/AN/A9/30/202541,040705,6007,340N/A6/30/202541,430-140N/AN/AN/A3/31/202539,960-7202,1103,480N/A12/31/202450,360-1,640N/AN/AN/A9/30/202450,970-1,9206702,700N/A6/30/202451,780-1,510N/AN/AN/A3/31/202440,870-6505,1107,910N/A12/31/202362,5171,060N/AN/AN/A9/30/202368,1932,3205,4307,920N/A6/30/202370,0802,730N/AN/AN/A3/31/202369,3102,450-1,4702,280N/A12/31/202263,5072,499N/AN/AN/A9/30/202258,015326-3,8062,005N/A6/30/202260,183-870N/AN/AN/A3/31/202254,5301,620-1,0305,840N/A12/31/202156,7072,004N/AN/AN/A9/30/202156,2364,278-1,3933,978N/A6/30/202152,9823,870N/AN/AN/A3/31/202148,4862,7911,8286,385N/A12/31/202045,3542,375N/AN/AN/A9/30/202044,2202,0481,5814,858N/A6/30/202046,3373,060N/AN/AN/A3/31/202051,7694,4222,7606,964N/A12/31/201957,9995,261N/AN/AN/A9/30/201959,3666,194N/A8,980N/A6/30/201956,5815,913N/AN/AN/A3/31/201951,0155,703N/A6,311N/A12/31/201841,5945,195N/AN/AN/A9/30/201836,5974,619N/AN/AN/A6/30/201833,5463,998N/AN/AN/A3/31/201831,9383,387N/A7,289N/A12/31/201730,4262,856N/AN/AN/A9/30/201728,8102,446N/AN/AN/A6/30/201726,1132,242N/AN/AN/A3/31/201724,6042,014N/A4,885N/A12/31/201623,8621,898N/AN/AN/A9/30/201622,4951,709N/AN/AN/A6/30/201622,6281,601N/AN/AN/A3/31/201621,4611,537N/A2,147N/A12/31/201544,167-109N/AN/AN/A9/30/201540,255-161N/AN/AN/A6/30/201535,023-28N/AN/AN/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 532374 의 연간 예상 수익 증가율(48.7%)이 saving rate(6.9%)보다 높습니다.수익 vs 시장: 532374 의 연간 수익(48.7%)이 Indian 시장(16.3%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: 532374 의 수입은 향후 3년 동안 상당히 증가할 것으로 예상됩니다.수익 대 시장: 532374 의 수익(연간 13%)이 Indian 시장(연간 10.8%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: 532374 의 수익(연간 13%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 532374의 자본 수익률은 3년 후 18.6%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YTech 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/22 16:33종가2026/05/22 00:00수익2026/03/31연간 수익2026/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Sterlite Technologies Limited는 16명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Sushil Sharma360 ONE Capital Market Private LimitedPankaj KaduAxis Capital LimitedReena BhasinBofA Global Research13명의 분석가 더 보기
Major Estimate Revision • May 06Consensus EPS estimates increase by 18%The consensus outlook for earnings per share (EPS) in fiscal year 2027 has improved. 2027 revenue forecast increased from ₹57.2b to ₹62.3b. EPS estimate increased from ₹6.50 to ₹7.65 per share. Net income forecast to grow 609% next year vs 82% growth forecast for Communications industry in India. Consensus price target up from ₹230 to ₹423. Share price rose 15% to ₹341 over the past week.
Price Target Changed • Feb 07Price target increased by 24% to ₹159Up from ₹128, the current price target is an average from 2 analysts. New target price is 20% above last closing price of ₹132. The company is forecast to post earnings per share of ₹1.50 next year compared to a net loss per share of ₹1.49 last year.
Major Estimate Revision • Feb 01Consensus EPS estimates fall by 76%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ₹63.5b to ₹58.0b. EPS estimate also fell from ₹5.50 per share to ₹1.30 per share. Net income forecast to grow 185% next year vs 50% growth forecast for Communications industry in India. Consensus price target down from ₹178 to ₹156. Share price rose 3.9% to ₹142 over the past week.
Major Estimate Revision • Oct 27Consensus EPS estimates increase by 10%, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from ₹73.2b to ₹67.6b. EPS estimate rose from ₹9.87 to ₹10.90. Net income forecast to grow 30% next year vs 51% growth forecast for Communications industry in India. Consensus price target broadly unchanged at ₹183. Share price fell 9.4% to ₹150 over the past week.
Price Target Changed • Jul 28Price target decreased by 13% to ₹185Down from ₹211, the current price target is an average from 3 analysts. New target price is 24% above last closing price of ₹149. Stock is up 5.4% over the past year. The company is forecast to post earnings per share of ₹11.43 for next year compared to ₹6.15 last year.
Major Estimate Revision • May 06Consensus EPS estimates increase by 18%The consensus outlook for earnings per share (EPS) in fiscal year 2027 has improved. 2027 revenue forecast increased from ₹57.2b to ₹62.3b. EPS estimate increased from ₹6.50 to ₹7.65 per share. Net income forecast to grow 609% next year vs 82% growth forecast for Communications industry in India. Consensus price target up from ₹230 to ₹423. Share price rose 15% to ₹341 over the past week.
Reported Earnings • May 01Full year 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2026 results: EPS: ₹1.15 (up from ₹1.49 loss in FY 2025). Revenue: ₹48.0b (up 20% from FY 2025). Net income: ₹560.0m (up ₹1.28b from FY 2025). Profit margin: 1.2% (up from net loss in FY 2025). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) missed analyst estimates by 18%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 31% growth forecast for the Communications industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.
내러티브 업데이트 • Apr 29532374: Future Equity Fundraising And Warrants Will Pressure Shareholder ReturnsThe updated analyst price target for Sterlite Technologies has moved from ₹118 to ₹180, with analysts pointing to adjusted assumptions on discount rate, expected revenue growth, profit margin, and future P/E as the key drivers of this change. What's in the News Board meeting scheduled for April 29, 2026 to review audited standalone and consolidated financial results for the year ended March 31, 2026, consider a final dividend, and evaluate potential fund raising through equity or equity linked instruments, including convertible securities via private placement (Board Meeting).
공시 • Apr 21+ 1 more updateSterlite Technologies Limited to Report Q4, 2026 Results on Apr 29, 2026Sterlite Technologies Limited announced that they will report Q4, 2026 results on Apr 29, 2026
Buy Or Sell Opportunity • Apr 15Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 171% to ₹255. The fair value is estimated to be ₹203, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 20% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 45% in 2 years. Earnings are forecast to grow by 15,181% in the next 2 years.
내러티브 업데이트 • Apr 14532374: Fibre Breakthroughs And Data Centre Wins Will Drive Re RatingAnalysts have lifted their fair value estimate for Sterlite Technologies from ₹200 to ₹280, citing refreshed assumptions on revenue growth, profit margins and future P/E that support a higher long term price target. What's in the News Sterlite Technologies closed a private placement on March 30, 2026, following approvals from the board, regulators, and the stock exchange for the previously announced transaction involving warrants convertible into equity shares (Key Developments).
내러티브 업데이트 • Mar 31532374: Next Generation Fibre Wins And Trials Will Support Re RatingAnalysts have lifted their price target on Sterlite Technologies from ₹130 to ₹200, citing updated assumptions for revenue growth, profit margin, discount rate, and future P/E that together point to a higher assessed fair value for the stock. What's in the News Sterlite Technologies closed a private placement on March 30, 2026, after receiving approvals from the board, regulators, and the stock exchange.
공시 • Mar 31Sterlite Technologies Limited announced that it has received INR 1.24575 billion in funding from Twin Star Overseas Ltd.On March 30, 2026, Sterlite Technologies Limited closed the transaction. The transaction is approved by board of directors of the company, regulatory authority and stock exchange.
내러티브 업데이트 • Mar 17532374: Promoter Convertible Warrants Will Likely Weigh On Future Shareholder ReturnsAnalysts have kept Sterlite Technologies' fair value estimate steady at ₹118, with small adjustments to the discount rate, revenue growth, profit margin, and future P/E assumptions leading to an unchanged price target. What's in the News The board approved amendments to the Articles of Association on February 7, 2026 to include clauses for issuing non-convertible and convertible securities, including warrants, subject to shareholder and other approvals, with an EGM scheduled for March 4, 2026 (company filing).
내러티브 업데이트 • Mar 03532374: Preferential Warrants To Promoter Will Pressure Shareholder ReturnsAnalysts have kept their fair value estimate for Sterlite Technologies steady at ₹118. They point to slightly adjusted assumptions around the discount rate, revenue growth, profit margin and future P/E as the basis for their unchanged price target.
내러티브 업데이트 • Feb 17532374: Warrant Issue And Governance Changes Will Limit Near Term UpsideAnalysts have maintained their fair value estimate for Sterlite Technologies at ₹118, while making slight adjustments to underlying assumptions. These include a lower discount rate, more moderate revenue growth, a higher profit margin, and a somewhat reduced future P/E.
Board Change • Feb 12High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director C. Krishnan was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
공시 • Feb 09Sterlite Technologies Limited announced that it expects to receive INR 1.24575 billion in funding from Twin Star Overseas Ltd.Sterlite Technologies Limited announced a private placement of 45,300,000 Pre-Funded Convertible Warrants at a price per Warrant of INR 110 on preferential basis of 25% of INR 27.5 for gross proceeds of INR 1,245,750,000 on February 7, 2026. The transaction involves participation from returning investor Twin Star Overseas Limited. The transaction has been approved in the shareholder's meeting of the company. Each Warrant is convertible into, or exchangeable for 1 equity share of the Company of face value INR 2 at a premium of INR 108 per share which may be exercised in one or more tranches during a period of 18 (eighteen) months commencing from the date of allotment of the Warrants. In the event the allottee does not exercise the Warrants within the aforesaid period, the unexercised Warrants shall lapse and the amount paid by the allottee on the unexercised Warrants shall stand forfeited. The transaction is subject to approval from shareholders and the Board of Directors of the Company have decided to hold an EGM of the Company on March 4, 2026. Twin Star Overseas Limited has Pre-Preferential allotment of 209,402,750 shares of the company for 42.90% ownership and Post-Allotment of Warrants pursuant to the preferential issue of 254,702,750 shares and 47.75% of ownership which includes 45,300,000 warrants on a fully diluted basis post-allotment.
Price Target Changed • Feb 07Price target increased by 24% to ₹159Up from ₹128, the current price target is an average from 2 analysts. New target price is 20% above last closing price of ₹132. The company is forecast to post earnings per share of ₹1.50 next year compared to a net loss per share of ₹1.49 last year.
내러티브 업데이트 • Feb 02532374: Fibre Network Trials Will Support A More Positive Re RatingAnalysts have trimmed their fair value estimate for Sterlite Technologies from ₹150 to ₹130, reflecting updated views on growth, margins, the discount rate, and a lower assumed future P/E multiple. What's in the News Sterlite Technologies plans a Special and Extraordinary Shareholders Meeting via postal ballot in India on February 28, 2026, which may cover key corporate decisions for existing investors (company event filing).
New Risk • Jan 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.3x net interest cover). Minor Risks Share price has been volatile over the past 3 months (5.5% average weekly change). Large one-off items impacting financial results.
Buy Or Sell Opportunity • Jan 28Now 25% overvaluedOver the last 90 days, the stock has fallen 15% to ₹104. The fair value is estimated to be ₹83.15, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 20% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 45% in 2 years. Earnings are forecast to grow by 12,267% in the next 2 years.
Reported Earnings • Jan 24Third quarter 2026 earnings released: ₹0.35 loss per share (vs ₹0.46 loss in 3Q 2025)Third quarter 2026 results: ₹0.35 loss per share (improved from ₹0.46 loss in 3Q 2025). Revenue: ₹12.7b (flat on 3Q 2025). Net loss: ₹170.0m (loss narrowed 26% from 3Q 2025). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 27% growth forecast for the Communications industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance.
내러티브 업데이트 • Jan 19532374: Upcoming Board Decisions Will Support Stronger Future OutlookThe updated analyst price target for Sterlite Technologies remains at ₹118.0, with analysts citing adjusted assumptions on discount rate, revenue growth, profit margin and future P/E as the basis for maintaining this level. What's in the News Sterlite Technologies has scheduled a board meeting on November 6, 2025, to consider and approve unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025 (company filing).
공시 • Jan 13Sterlite Technologies Limited to Report Q3, 2026 Results on Jan 23, 2026Sterlite Technologies Limited announced that they will report Q3, 2026 results on Jan 23, 2026
내러티브 업데이트 • Jan 05532374: Quantum Secure Network Breakthrough Will Drive Stronger Future OutlookAnalysts have modestly revised their price target for Sterlite Technologies upward to ₹118.0. This reflects slightly stronger expectations for revenue growth and profit margins, despite a marginally higher discount rate and a lower future P E multiple. What's in the News Sterlite Technologies has scheduled a board meeting on November 6, 2025 to consider and approve unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025 (Key Developments).
내러티브 업데이트 • Dec 14532374: Quantum Secure Fibre Breakthrough Will Drive Stronger OutlookThe analyst price target for Sterlite Technologies has been revised upward from ₹106 to ₹118 as analysts factor in slightly faster expected revenue growth, modestly higher profit margins, and a marginally richer future earnings multiple despite a small uptick in the assumed discount rate. What's in the News Sterlite Technologies signed an MoU with QNu Labs to jointly develop quantum secure communication solutions over optical fibre, integrating Quantum Key Distribution with high capacity multi core fibre networks and targeting global quantum safe deployments (Key Developments).
Reported Earnings • Nov 07Second quarter 2026 earnings released: EPS: ₹0.08 (vs ₹0.26 loss in 2Q 2025)Second quarter 2026 results: EPS: ₹0.08 (up from ₹0.26 loss in 2Q 2025). Revenue: ₹10.5b (down 26% from 2Q 2025). Net income: ₹40.0m (up ₹170.0m from 2Q 2025). Profit margin: 0.4% (up from net loss in 2Q 2025). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Communications industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance.
공시 • Oct 28Sterlite Technologies Limited to Report Q2, 2026 Results on Nov 06, 2025Sterlite Technologies Limited announced that they will report Q2, 2026 results on Nov 06, 2025
공시 • Aug 12Sterlite Technologies Limited Announces Executive AppointmentsSterlite Technologies Limited announced the appointment of Jimi Barker as Chief Business Officer, Data Centres, ONB, Tom Boswellas Head of Presales for Europe/UK Optical Connectivity Business, and Amir Sekhawat as Business Head of Copper Business in the past quarter/s. Jimi excels at fostering innovation and driving process improvements across business lines, with expertise in the telecommunications and data infrastructure industries, including distinguished service in the U.S. Military. Tom is a seasoned telecom leader with deep expertise in access, carrier networks, and physical infrastructure. He excels at designing fibre and copper network solutions and has worked for 30 years in British Telecom/Openreach. Amir brings with him more than twenty years of global experience in copper and fibre communication solutions and new product development, working with the likes of Superior Essex in the US and Nexans in Europe.
Reported Earnings • Jul 26First quarter 2026 earnings released: EPS: ₹0.20 (vs ₹0.97 loss in 1Q 2025)First quarter 2026 results: EPS: ₹0.20 (up from ₹0.97 loss in 1Q 2025). Revenue: ₹10.3b (down 16% from 1Q 2025). Net income: ₹100.0m (up ₹570.0m from 1Q 2025). Profit margin: 1.0% (up from net loss in 1Q 2025). The move to profitability was driven by lower expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Communications industry in Asia. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
공시 • Jul 25Sterlite Technologies Limited, Annual General Meeting, Aug 20, 2025Sterlite Technologies Limited, Annual General Meeting, Aug 20, 2025, at 10:30 Indian Standard Time.
공시 • Jul 14Sterlite Technologies Limited to Report Q1, 2026 Results on Jul 25, 2025Sterlite Technologies Limited announced that they will report Q1, 2026 results on Jul 25, 2025
Buy Or Sell Opportunity • Jun 11Now 21% overvaluedOver the last 90 days, the stock has fallen 3.6% to ₹77.06. The fair value is estimated to be ₹63.89, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 9.0% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • May 17Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: ₹1.49 loss per share (further deteriorated from ₹1.45 loss in FY 2024). Revenue: ₹40.3b (down 27% from FY 2024). Net loss: ₹720.0m (loss widened 24% from FY 2024). Revenue missed analyst estimates by 25%. Earnings per share (EPS) also missed analyst estimates by 60%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Communications industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 40 percentage points per year, which is a significant difference in performance.
공시 • May 11Sterlite Technologies Limited to Report Fiscal Year 2025 Results on May 16, 2025Sterlite Technologies Limited announced that they will report fiscal year 2025 results on May 16, 2025
새로운 내러티브 • May 09Optical Networking And Services Will Unlock Future Opportunities Focus on optical networking and strategic investments in technology may drive significant market share and revenue growth amidst rising data center demand.
New Risk • Apr 24New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 9.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.3x net interest cover). Minor Risk Share price has been volatile over the past 3 months (9.9% average weekly change).
공시 • Apr 02Sterlite Technologies Limited completed the Spin-Off of STL Networks Limited.The Board of Sterlite Technologies Limited (BSE:532374) announced the spin-off of STL Networks Limited on May 17, 2023. As per the transaction, Sterlite Technologies Limited shareholders on the record date will receive 1 equity share of STL Networks for every 1 equity share held. The transaction is approved by board of directors of Sterlite Technologies Limited and is subject to approvals from the shareholders and creditors of Sterlite Technologies, as may be directed by the National Company Law Tribunal, Mumbai Bench, BSE, NSE, Securities and Exchange Board of India and approval of other regulatory or statutory authorities as may be required. As of July 12, 2024, Sterlite Technologies shareholders and secured and unsecured creditors approved the demerger. As of February 19, 2025, National Company Law Tribunal has sanctioned the scheme. As of March 31, 2025, certified copy of the said Order has been filed with the jurisdictional Registrar of Companies. The Board of Sterlite Technologies Limited (BSE:532374) completed the Spin-Off of STL Networks Limited on April 1, 2025. Rahul Puri will lead as the Chief Executive Officer of Optical Networking Business at STL, and Pankaj Malik will be the Chief Executive Officer of STL Networks.
Reported Earnings • Jan 18Third quarter 2025 earnings released: ₹0.46 loss per share (vs ₹1.23 loss in 3Q 2024)Third quarter 2025 results: ₹0.46 loss per share (improved from ₹1.23 loss in 3Q 2024). Revenue: ₹12.7b (down 4.4% from 3Q 2024). Net loss: ₹230.0m (loss narrowed 53% from 3Q 2024). Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Communications industry in Asia. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.
공시 • Jan 17+ 1 more updateSterlite Technologies Limited Appoints Pankaj Malik as an Interim Chief Executive Officer of Global Services Business, Effective from February 01, 2025Board of Directors of Sterlite Technologies Limited in its meeting held on January 17, 2025 has appointed Mr. Pankaj Malik as an Interim Chief Executive Officer of Global Services Business with effect from February 01, 2025. Mr. Pankaj Malik has over 27 years of extensive experience in strategic operations, digital transformations, and stakeholder management, with 20 years spent in the telecom sector. His diverse leadership background includes notable companies such as Philips India, Vodafone Idea, Bharti Airtel, G4S Secure Solutions, and Crest Digitel. Before joining STL, Pankaj served as the COO at Crest Digitel, where he played a pivotal role in managing and overseeing operations across 22 telecom circles. Pankaj holds a Master's degree in International Marketing from IIEIM and a Bachelor's degree in Commerce (Accounting and Finance) from Delhi University.
공시 • Jan 06Sterlite Technologies Limited to Report Q3, 2025 Results on Jan 17, 2025Sterlite Technologies Limited announced that they will report Q3, 2025 results on Jan 17, 2025
공시 • Dec 27Sterlite Technologies Limited Announces Change in Management, Effective January 31, 2025Sterlite Technologies Limited informed changes in the senior management and key managerial personnel of the Company: Mr. Praveen Cherian, CEO-Global Services Business has tendered his resignation to pursue his journey towards entrepreneurship. Mr. Cherian will be relieved effective close of business hours of January 31, 2025. Mr. Amit Deshpande, AVP-General Counsel & Company Secretary (Key Managerial Personnel) has tendered his resignation to pursue opportunities outside of the Company. Mr. Deshpande will be relieved effective close of business hours of January 31, 2025.
공시 • Nov 22Sterlite Technologies Limited Appoints Rahul Puri as Chief Executive Officer for the Optical Networking BusinessSterlite Technologies Limited announced that Mr. Rahul Puri, who has been the Business Head - EMEIA & APAC of the company, will now take over the role of Chief Executive Officer (CEO) for the Optical Networking Business of the company. Rahul will report to Mr. Ankit Agarwal, Managing Director of the Company. Rahul Puri is an accomplished business leader with over 24 years of global expertise in business development, sales, marketing, operations and product management. Throughout his career, Rahul has worked with some of the world's leading technology and telecom companies, including Apple, Samsung, Ericsson, Reliance, and Airtel, across diverse geographies. His deep belief in innovation and a relentless customer-first approach has enabled him to successfully scale brands, secure long-term agreements with top telecommunications providers, and advise on high-impact strategic investments. Under his leadership, STL has expanded its footprint in key global markets, positioning itself for sustained growth in the evolving telecom and technology sectors. Rahul's proven ability to drive operational excellence and deliver significant business outcomes has made him an invaluable asset to the company and a recognized thought leader in the industry. A dynamic and results-driven leader, Rahul excels in building strong partnerships, navigating complex challenges, and delivering impactful business results. His extensive industry experience, combined with his global perspective, positions him as a transformative force in shaping the future of telecom and technology, making him a key figure for investors to watch as STL continues its growth trajectory in the global market.
공시 • Nov 15Sterlite Technologies Limited Announces Management ChangesSterlite Technologies Limited informed that Mr. David De Craemer, Business Head Global Optical Connectivity, has tendered his resignation to seek opportunities outside of the Company. Mr. David will be relieved effective close of business hours of November 30, 2024. Mr. Binod Balachandran, who has been the Chief Operations Officer for Optical Connectivity, will take over the role of interim Business Head Global Optical Connectivity. A long-standing member of their leadership team, Binod has been instrumental in incubating the connectivity business from scratch - building the team, products and the business which is spread across India, MEA, EU and NAM. Binod comes with a rich experience in diverse portfolios such as sales, business development, solution sales, product management, application engineering, product development and manufacturing. In his previous stints, he has been associated with SFO, Commscope, Schneider and TE connectivity.
Reported Earnings • Oct 31Second quarter 2025 earnings released: ₹0.26 loss per share (vs ₹0.68 profit in 2Q 2024)Second quarter 2025 results: ₹0.26 loss per share (down from ₹0.68 profit in 2Q 2024). Revenue: ₹14.2b (down 5.3% from 2Q 2024). Net loss: ₹130.0m (down 148% from profit in 2Q 2024). Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Communications industry in Asia. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings.
공시 • Oct 17Sterlite Technologies Limited Announces Cessation of Sandip Das as Independent DirectorSterlite Technologies Limited announced that Mr. Sandip Das is completing his second term as an Independent Director of the Company on October 15, 2024, and consequently will cease to be the Director of the Company effective end of business hours i.e. October 15, 2024.
공시 • Oct 15Sterlite Technologies Limited to Report Q2, 2025 Results on Oct 30, 2024Sterlite Technologies Limited announced that they will report Q2, 2025 results on Oct 30, 2024
Recent Insider Transactions • Oct 03Insider recently sold ₹2.0m worth of stockOn the 26th of September, Naveen Bolalingappa sold around 16k shares on-market at roughly ₹126 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹21m more than they bought in the last 12 months.
공시 • Sep 12Sterlite Technologies Limited Showcases Its 288 Fibre Microcable with 180-Micron Fibre At Connected Britain 2024Sterlite Technologies Limited showcased its 288 fibre Microcable with 180-micron fibre at Connected Britain 2024. STL is one of the leading companies in the industry to develop a microcable product using 180-micron fibre. STL was among the first in the world to develop 180-micron fibre. Embedding it in its microcable design further pushes the envelope on product innovation. Additionally, the company also put forth its elevated 200-micron Microcable family (96-864 fibres) with an impressive 20% average area reduction, improving duct utilisation and blow performance while reducing material consumption and carbon footprint. STL's 180-micron Microcable combines two innovations - a miniaturised fibre design and a high-density, low-diameter cable. With 288 fibres in a 6.6 mm outer diameter, the product offers superior installation and handling performance. Compliant with ITU-T G.657.A2 and IEC 60794-5-10 standards, this flexible and ultra-lightweight cable can be deployed in 8mm microducts using air-blowing techniques, reducing installation time and cost. The bend-insensitive properties of this fibre make the cable immune to tight bend scenarios. With a first principles approach to materials, design and manufacturing innovation, STL took meaningful strides in its 200-micron HD Microcable family (96 - 864 fibres), unlocking benefits for service providers and installers: Increased available duct utilisation through 20% area reduction; Improved installation efficiency through higher blowing speed; Backward compatibility with legacy networks; Reduced carbon footprint with lower material consumption.
공시 • Jul 31+ 1 more updateSterlite Technologies Limited Unveils Advanced High-Density Optical Fibre Cables At Fibre Connect 2024STL unveiled high-density, 864F Micro Cables - conceptualized and developed specifically to bring fast and uninterrupted connectivity to dense fiber networks in the US. With best-in-class high fiber density - 864F Micro cable can pack 864 fibers in a cable diameter of 11.4 mm (1.5X more fibers than a standard micro cable of the same diameter). It employs STL's bend-insensitive HD A2 200-micron fiber. The 864F cable can bring numerous benefits to service providers in the region: Ultra-high fiber density: 1.5X more fiber density, easy to blow up to 1500 m in 14mm duct, highest fiber density of 10.2mm2. Longer network life: Compatible bend-insensitive 200-micron fiber provides more power budget for longer network life, fewer truck rolls, faster installation. Sustainable and cost saving: 40% lesser plastic usage compared to standard micro cable, saves up to 70% in the civil cost. Easy to install: reduced form factor enables tighter cable coiling in installation and slim outer jacket layers provide easy access to fiber bundles. In addition to the 864F Micro cable, STL also introduced its Intelligently Bonded Ribbon (IBR) Armored cable. The compact design ensures ease of installation, while precise ribbon geometries in IBR bundles deliver excellent mass fusion splicing outcomes. This UV-protected, lightweight, and flexible cable is a pioneering solution for diverse installation environments. STL's manufacturing facility in South Carolina is already catering to the demand of federal and privately funded broadband projects, including the BEAD Program. Now, at the Fiber Connect event, STL also introduced its Optical Connectivity portfolio. Now, with these high-capacity Optical Fibre cables, STL will have an integrated Optical Networking portfolio explicitly designed for the region.
공시 • Jul 30Sterlite Technologies Limited to Report Q1, 2025 Results on Jul 30, 2024Sterlite Technologies Limited announced that they will report Q1, 2025 results on Jul 30, 2024
공시 • Jul 22Sterlite Technologies Limited to Report Q1, 2025 Results on Jul 30, 2024Sterlite Technologies Limited announced that they will report Q1, 2025 results on Jul 30, 2024
Reported Earnings • Jul 07Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: ₹1.45 loss per share (down from ₹6.15 profit in FY 2023). Revenue: ₹54.8b (down 21% from FY 2023). Net loss: ₹580.0m (down 124% from profit in FY 2023). Revenue missed analyst estimates by 5.6%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Communications industry in Asia. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.
공시 • Jul 05Sterlite Technologies Limited, Annual General Meeting, Jul 29, 2024Sterlite Technologies Limited, Annual General Meeting, Jul 29, 2024, at 09:00 Indian Standard Time.
New Risk • May 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.8x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.2% average weekly change). Shareholders have been diluted in the past year (22% increase in shares outstanding).
Reported Earnings • May 09Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: ₹1.44 loss per share (down from ₹6.15 profit in FY 2023). Revenue: ₹55.4b (down 20% from FY 2023). Net loss: ₹580.0m (down 124% from profit in FY 2023). Revenue missed analyst estimates by 5.6%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Communications industry in Asia. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.
공시 • May 09Sterlite Technologies Limited Recommends No Dividend for the Financial Year Ended March 31, 2024Sterlite Technologies Limited announced that the Board of Directors of Company at its meeting held May 8, 2024, approved Board has not recommended any dividend for the financial year ended March 31, 2024.
Buy Or Sell Opportunity • May 08Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.8% to ₹125. The fair value is estimated to be ₹163, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has declined by 19%. Revenue is forecast to grow by 28% in 2 years. Earnings are forecast to grow by 414% in the next 2 years.
공시 • Apr 24Sterlite Technologies Limited to Report Q4, 2024 Results on May 08, 2024Sterlite Technologies Limited announced that they will report Q4, 2024 results on May 08, 2024
Reported Earnings • Apr 18Third quarter 2024 earnings released: ₹1.23 loss per share (vs ₹1.93 profit in 3Q 2023)Third quarter 2024 results: ₹1.23 loss per share (down from ₹1.93 profit in 3Q 2023). Revenue: ₹13.2b (down 30% from 3Q 2023). Net loss: ₹490.0m (down 164% from profit in 3Q 2023). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Communications industry in Asia. Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 17% per year.
Buy Or Sell Opportunity • Apr 18Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 10% to ₹130. The fair value is estimated to be ₹168, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has declined by 19%. Revenue is forecast to grow by 28% in 2 years. Earnings are forecast to grow by 414% in the next 2 years.
New Risk • Apr 14New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 22% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.7x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (22% increase in shares outstanding).
공시 • Apr 10Sterlite Technologies Limited has filed a Follow-on Equity Offering.Sterlite Technologies Limited has filed a Follow-on Equity Offering. Security Name: Equity Shares Security Type: Common Stock Price(minimum): INR 119 Transaction Features: Regulation S; Subsequent Direct Listing
Valuation Update With 7 Day Price Move • Apr 04Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹129, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 23x in the Communications industry in Asia. Total loss to shareholders of 44% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹188 per share.
공시 • Feb 16Sterlite Technologies Limited completed the acquisition Clearcomm Group Limited.Sterlite Technologies Limited (BSE:532374) agreed to acquire Clearcomm Group Limited for approximately £110 million on July 22, 2021. The transaction is structured to be completed in two tranches. The consideration will be paid in cash. Clearcomm will be completely integrated into our Network and System Integration Business. The deal is financed both by a mix of internal accruals as well as debt. Existing founders to continue to be part of the business with an experienced team. 80% will be acquired in the first tranche subject to customary pre-closing conditions. Residual 20% stake will be acquired in 2023. Clearcomm generated revenues of £20 million for the year ended November 30, 2020. Sterlite Technologies Limited acquired 80% stake in Clearcomm Group Limited effective July 27, 2021. Clearcomm directors Stuart Evans and Richard Breffitt, will retain 20% of business and continue managing Clearcomm to support the delivery of the growth plan.Sandip Khroud and Shantanu Sinha of Hill Dickinson LLP acted as UK legal counsels while Aravind Venugopal of Khaitan & Co. acted as legal advisor to Sterlite Technologies Limited on the transaction. Simon Ward, Jamie Berry and Thomas Hammond of Springboard Corporate Finance LLP advised the shareholders of Clearcomm Group Limited.Sterlite Technologies Limited completed the acquisition Clearcomm Group Limited on February 15, 2024. As a part of closing, the Company now holds 100% shares of Clearcomm. Higgs LLP acted as legal advisor to Clearcomm group.
Major Estimate Revision • Feb 01Consensus EPS estimates fall by 76%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ₹63.5b to ₹58.0b. EPS estimate also fell from ₹5.50 per share to ₹1.30 per share. Net income forecast to grow 185% next year vs 50% growth forecast for Communications industry in India. Consensus price target down from ₹178 to ₹156. Share price rose 3.9% to ₹142 over the past week.
Board Change • Feb 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. 2 highly experienced directors. Director of Operations, COO of Optical Network Business & Whole-time Director Venkatesh Murthy was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Jan 26Third quarter 2024 earnings released: ₹1.23 loss per share (vs ₹1.96 profit in 3Q 2023)Third quarter 2024 results: ₹1.23 loss per share (down from ₹1.96 profit in 3Q 2023). Revenue: ₹13.4b (down 29% from 3Q 2023). Net loss: ₹490.0m (down 164% from profit in 3Q 2023). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Communications industry in Asia. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
공시 • Jan 13Sterlite Technologies Limited to Report Q3, 2024 Results on Jan 25, 2024Sterlite Technologies Limited announced that they will report Q3, 2024 results on Jan 25, 2024
공시 • Nov 21Sterlite Technologies Limited Announces Board AppointmentsSterlite Technologies Limited announces appointment of David De across these regions. To further strengthen its position, STL has hired two people in key leadership roles - David De Craemer as the Business Head and Tomasz Bednarczyk as the global R&D Head for the Optical Connectivity business. David De Craemer brings over 25 years of industry experience working with the likes of TE Connectivity and CommScope. Tomasz Bednarczyk has worked for 18 years at Corning in various R&D, Finance and PLM domains.
Reported Earnings • Nov 01Second quarter 2024 earnings released: EPS: ₹0.71 (vs ₹1.11 in 2Q 2023)Second quarter 2024 results: EPS: ₹0.71 (down from ₹1.11 in 2Q 2023). Revenue: ₹14.9b (down 16% from 2Q 2023). Net income: ₹280.0m (down 36% from 2Q 2023). Profit margin: 1.9% (down from 2.5% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Communications industry in Asia. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Oct 28Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₹136, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 23x in the Communications industry in Asia. Total loss to shareholders of 6.2% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹112 per share.
Major Estimate Revision • Oct 27Consensus EPS estimates increase by 10%, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from ₹73.2b to ₹67.6b. EPS estimate rose from ₹9.87 to ₹10.90. Net income forecast to grow 30% next year vs 51% growth forecast for Communications industry in India. Consensus price target broadly unchanged at ₹183. Share price fell 9.4% to ₹150 over the past week.
공시 • Oct 17+ 1 more updateSterlite Technologies Limited to Report Q2, 2024 Results on Oct 26, 2023Sterlite Technologies Limited announced that they will report Q2, 2024 results on Oct 26, 2023
공시 • Oct 12Sterlite Technologies Limited Launches AlnnovSTL Digital announced the launch of `AInnov, a solutioning fabric of powerful Generative AI Services, frameworks, methodologies and solutionsdesigned for enterprises to accelerate Generative AI-led innovation and adoption. AInnov enables development of embedded AI applications for multi stakeholder experiences. STL Digital's expertise in Data Engineering and Generative AI has culminated in the development of these cutting-edge solutions, aimed at empowering businesses to deliver exceptional customer experiences by harnessing advanced natural language understanding and response generation across various domains. While enterprises are increasingly employing generative AI to analyze complex data sets, discern patterns, and process multi-faceted variables, the path to integrating these advanced systems is riddled with challenges. Some of the most significant hurdles include training Generative AI for specific enterprise use cases, fine-tuning algorithms for greater accuracy, ensuring data security, handling multi-modal inputs, and improving the quality of trained data. STL Digital has successfully cultivated robust capabilities in designing and training AI models to produce novel, context- aware outputs and has honed its proficiency in refining and testing these models in real-world scenarios. STL Digital's AInnov empowers enterprises to innovate with AI and realize business value. The components of AInnov include: AI services, frameworks, methodologies, and solutions: These form the core components of AInnov, whichoffers tailored solutions for document summarization, data augmentation, custom Q&A dialogue, and experience reimagination. Model fine-tuning and implementations for specific use cases, public and proprietary enterprise data. AInnov allows for the customisation ("fine-tuning") of existing AI models to better suit specific applications ("use cases"), ensuring flexibility and adaptability. Integration with industry-leading AI platforms -AInnov seamlessly integrates with existing AI platforms and algorithms, including hyperscalers and open-source ecosystem. It enhances their capabilities and enables enterprises to customise them to their unique needs, thereby expediting the path to contextualization and adoption. Consumer experience engineering - STL Digital has created an innovative Experience Commerce solution that combines Gen AI, mobile features, mixed reality, and APIs to facilitate decision-making for reimagining, comparing, and actualizing new experiences. This solution leverages AInnov's patent-pending technology, integrating commercial Gen AI components and open-source innovation. Industry value realization- STL Digital's Alnnov solution on Gen AI and Digital Twin modeling, have the potential to increase productivity, improve predictive maintenance and enhance security for multiple industries like energy, resources, life sciences, manufacturing & consumer goods.
공시 • Sep 16Sterlite Technologies Limited Formally Announces the Launch of its Manufacturing Facility in Lugoff, South Carolina - The Palmetto PlantSterlite Technologies Limited formally announced the launch of its manufacturing facility in Lugoff, South Carolina - The Palmetto Plant. Named after the state tree of South Carolina, this facility, also designated as STL's North American Headquarters, symbolizes STL's commitment to the US market. The Palmetto Plant was inaugurated by Hon. Henry McMaster, Governor of South Carolina, in the presence of government dignitaries, key customers, and representatives from the Fiber Broadband Association, National Telecommunications and Information Administration, and local Chambers of Commerce. This strategic investment and expansion efforts in the U.S. further reinforce STL's commitment to the Make in America vision. Addressing the market demand for 5G, FTTx, and the push for rural broadband, The Palmetto Plant, spanning over 168,000 sq. ft will specialize in future-ready optical solutions, including high fiber count cables with smaller diameters. The emphasis will also extend to pioneering designs, notably high-capacity ribbonized cables and ruggedized designs for rural deployments. To help operators tackle the industry-wide skills shortage, the new Lugoff facility is also prioritizing optical connectivity products that are simple to deploy, monitor, and maintain. Additionally, comprehensive on-site testing aligned with industry-standard GR20 guidelines ensures the high quality and reliability of its products. STL has committed to being Net zero by 2030. Following in the footsteps of STL's other global manufacturing units, the Lugoff facility also aims to achieve zero waste and reduce energy consumption progressively. The Palmetto Plant employs over 150 people, including skilled manufacturing associates and seasoned industry specialists leading the company's North American operations. From glass to fiber, cabling, and optical connectivity, STL is one of only 6 players worldwide with end-to-end capabilities in this space. The company works closely with regional and national players and with industry associations like the FBA and the Power and Communication Contractors Association (PCCA) to create meaningful impact at scale.
공시 • Aug 12+ 1 more updateSterlite Technologies Limited Announces Executive ChangesSterlite Technologies Limited announced that Mr. Manish Sinha, Chief Marketing Officer of the Company has tendered his resignation to pursue opportunities outside of the Company (Resignation letter attached). Ms. Khushboo Chawla, who is currently heading Communications will take over the role to lead Marketing and Communications for the Company, globally. Ms. Khushboo Chawla has been with the Company for over 5 years and has 16+ years of all- round marketing experience across verticals like product marketing, pricing, brand, communications, market research, and customer lifecycle management. She has managed and led marketing efforts for global telecom companies including Vodafone, Telenor, Idea, and now, STL.
Upcoming Dividend • Aug 01Upcoming dividend of ₹1.00 per share at 0.7% yieldEligible shareholders must have bought the stock before 08 August 2023. Payment date: 10 September 2023. Payout ratio is a comfortable 16% but the company is not cash flow positive. Trailing yield: 0.7%. Lower than top quartile of Indian dividend payers (1.5%). Higher than average of industry peers (0.5%).
Price Target Changed • Jul 28Price target decreased by 13% to ₹185Down from ₹211, the current price target is an average from 3 analysts. New target price is 24% above last closing price of ₹149. Stock is up 5.4% over the past year. The company is forecast to post earnings per share of ₹11.43 for next year compared to ₹6.15 last year.
Reported Earnings • Jul 21Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: ₹6.15 (up from ₹4.08 in FY 2022). Revenue: ₹69.6b (up 28% from FY 2022). Net income: ₹2.45b (up 51% from FY 2022). Profit margin: 3.5% (up from 3.0% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) also missed analyst estimates by 27%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Communications industry in Asia. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
공시 • Jul 18Sterlite Technologies Limited Proposes Dividend for the Financial Year Ended March 31, 2023Sterlite Technologies Limited at its Twenty Fourth Annual General Meeting ("AGM") to be held on August 11, 2023 proposed to declare Dividend of INR 1 (50%) per Equity Share for the financial year ended March 31, 2023.
공시 • Jul 13Sterlite Technologies Limited, Annual General Meeting, Aug 11, 2023Sterlite Technologies Limited, Annual General Meeting, Aug 11, 2023, at 09:00 Indian Standard Time.
공시 • May 18Sterlite Technologies Limited Recommends Final Dividend for the Year 2022-23Sterlite Technologies Limited announced that the board of directors in its meeting held on May 17, 2023, has recommended final dividend of INR 1 per equity share of INR 2 each for the year 2022-23, subject to shareholders approval.
Reported Earnings • May 18Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: ₹6.13 (up from ₹1.21 in FY 2022). Revenue: ₹69.7b (up 21% from FY 2022). Net income: ₹2.45b (up 410% from FY 2022). Profit margin: 3.5% (up from 0.8% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) also missed analyst estimates by 27%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Communications industry in Asia. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.
공시 • May 06Sterlite Technologies Limited to Report Q4, 2023 Results on May 17, 2023Sterlite Technologies Limited announced that they will report Q4, 2023 results on May 17, 2023
공시 • Feb 01ZephyrTel, Inc. signed an agreement to acquire Elitecore Technologies Sdn. Bhd and Sterlite Technologies DMCC and Elitecore Technologies from Sterlite Technologies Limited (BSE:532374) for $15 million.ZephyrTel, Inc. signed an agreement to acquire Elitecore Technologies Sdn. Bhd and Sterlite Technologies DMCC and Elitecore Technologies from Sterlite Technologies Limited (BSE:532374) for $15 million on January 31, 2023. The consideration to be paid in cash. cash consideration of $15 million is subject to closing adjustments. Date of completion of sale is subject to conditions precedents and customary closing conditions.
Reported Earnings • Jan 28Third quarter 2023 earnings released: EPS: ₹1.96 (vs ₹3.53 loss in 3Q 2022)Third quarter 2023 results: EPS: ₹1.96 (up from ₹3.53 loss in 3Q 2022). Revenue: ₹18.9b (up 38% from 3Q 2022). Net income: ₹770.0m (up ₹2.17b from 3Q 2022). Profit margin: 4.1% (up from net loss in 3Q 2022). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Communications industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance.
공시 • Jan 17Sterlite Technologies Limited to Report Q3, 2023 Results on Jan 27, 2023Sterlite Technologies Limited announced that they will report Q3, 2023 results on Jan 27, 2023
Buying Opportunity • Dec 23Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 7.7%. The fair value is estimated to be ₹207, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.9% over the last 3 years. Meanwhile, the company became loss making.
공시 • Dec 16Sterlite Technologies Limited (BSE:532374) completed the acquisition of a 25% stake in Jiangsu Sterlite & Tongguang Optical Fibers Co., Ltd. from Jiangsu Tongguang Information Co. Ltd.Sterlite Technologies Limited (BSE:532374) signed the definitive agreement to acquire remaining 25% stake in Jiangsu Sterlite Tongguang Fiber Co. Ltd. from Jiangsu Tongguang Information Co. Ltd. for CNY 55.7 million on June 29, 2022. The consideration will be paid in cash. Post acquisition, Jiangsu Sterlite & Tongguang Optical Fibers will become a wholly owned subsidiary of Sterlite Technologies. The transaction is subject to approval by China’s State Administration for Market Regulations and China’s State Administration of Foreign Exchange and expected to close 90 business days from signing the agreement. Sterlite Technologies Limited (BSE:532374) completed the acquisition of a 25% stake in Jiangsu Sterlite & Tongguang Optical Fibers Co., Ltd. from Jiangsu Tongguang Information Co. Ltd. on December 14, 2022.
공시 • Dec 07Sterlite Technologies Limited Appoints Tushar Shroff as the Chief Financial OfficerBoard of Directors of Sterlite Technologies Limited at its meeting held on December 6, 2022 has approved appointment of Mr. Tushar Shroff, as the Chief Financial Officer of the Company with effect from December 6, 2022. Tushar Shroff is a qualified Chartered Accountant and Cost Accountant with an experience of more than 28 years in the field of fundraising, capital structuring, mergers & acquisitions, treasury management, taxation, financial accounting and planning, investor relations and business partnering. Prior to joining STL, Tushar Shroff has worked for global and Indian multinational organizations like ABB, ELSTER Metering, Piramal Healthcare, SCHOTT Glass, Zydus Cadila, and Intas Pharmaceuticals. During the course of his career, he has managed multi-billion dollar organizations and has been instrumental in building high-networth organizations through various initiatives. In his last assignment, he has served as the Group CFO for Intas Pharmaceuticals Limited, one of the leading Pharmaceutical companies in India.
Reported Earnings • Nov 05Second quarter 2023 earnings released: EPS: ₹1.11 (vs ₹2.55 in 2Q 2022)Second quarter 2023 results: EPS: ₹1.11 (down from ₹2.55 in 2Q 2022). Revenue: ₹18.0b (up 19% from 2Q 2022). Net income: ₹440.0m (down 56% from 2Q 2022). Profit margin: 2.4% (down from 6.7% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Communications industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance.
공시 • Oct 22Sterlite Technologies Limited to Report Q2, 2023 Results on Nov 04, 2022Sterlite Technologies Limited announced that they will report Q2, 2023 results on Nov 04, 2022
공시 • Sep 24Sterlite Technologies Limited Announces Resignation of Mr. Mihir Modi as Chief Financial Officer (Cfo), Effect from Close of Business Hours of October 14, 2022Sterlite Technologies Limited announced that Mr. Mihir Modi, Chief Financial Officer and Key Managerial Personnel of the Company has tendered his resignation and will be relieved from his duties with effect from close of business hours of October 14, 2022.
공시 • Sep 02Sterlite Technologies Limited Appoints Ashwini Bakshi as Chief Sales OfficerSterlite Technologies Limited announced the addition of Ashwini Bakshi as Chief Sales Officer to its global leadership team. In his new role, Ashwini will be a part of the Executive Committee of the company and will be responsible for driving the company's order book and revenues across portfolios, customer segments and geographies. Prior to joining STL, Ashwini was the Managing Director, Head of Region Europe & Africa at Project Management Institute (PMI). He has more than 25 years of global experience working with the likes of Nokia, Ericsson and Kathrein Mobile. Ashwini has played an instrumental role in sales and strategic growth capability building. He has led and delivered a formidable financial performance for telecom giants working with world-class teams. He has led multi-billion dollar P&Ls at Nokia/Nokia Siemens and was instrumental in significantly multiplying O&M solution orders and revenues atEricsson. He has managed a broad and global customer base spanning service providers, corporates and the public sector (MTNL, BSNL, public infrastructure, and Defence sector in India and Germany) and has been an integral part of their digital journey.
공시 • Aug 27Sterlite Technologies Limited Approves Dividend for the Financial Year Ended March 31, 2022Sterlite Technologies Limited approves dividend of INR 0.50/- per Equity Share of the face value of INR 2/-each for the financial year ended March 31, 2022, at its Annual General Meeting held on August 26, 2022.
