Sterlite Technologies Limited

BSE:532374 Stock Report

Market Cap: ₹183.7b

Sterlite Technologies Future Growth

Future criteria checks 4/6

Sterlite Technologies is forecast to grow earnings and revenue by 48.7% and 12.7% per annum respectively. EPS is expected to grow by 49.1% per annum. Return on equity is forecast to be 18.6% in 3 years.

Key information

48.7%

Earnings growth rate

49.05%

EPS growth rate

Communications earnings growth45.9%
Revenue growth rate12.7%
Future return on equity18.60%
Analyst coverage

Low

Last updated08 May 2026

Recent future growth updates

Recent updates

Narrative Update • Apr 29

532374: Future Equity Fundraising And Warrants Will Pressure Shareholder Returns

The 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).
Narrative Update • Apr 14

532374: Fibre Breakthroughs And Data Centre Wins Will Drive Re Rating

Analysts 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).
Narrative Update • Mar 31

532374: Next Generation Fibre Wins And Trials Will Support Re Rating

Analysts 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.
Narrative Update • Mar 17

532374: Promoter Convertible Warrants Will Likely Weigh On Future Shareholder Returns

Analysts 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).
Narrative Update • Mar 03

532374: Preferential Warrants To Promoter Will Pressure Shareholder Returns

Analysts 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.
Narrative Update • Feb 17

532374: Warrant Issue And Governance Changes Will Limit Near Term Upside

Analysts 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.
Narrative Update • Feb 02

532374: Fibre Network Trials Will Support A More Positive Re Rating

Analysts 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).
Narrative Update • Jan 19

532374: Upcoming Board Decisions Will Support Stronger Future Outlook

The 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).
Narrative Update • Jan 05

532374: Quantum Secure Network Breakthrough Will Drive Stronger Future Outlook

Analysts 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).
Narrative Update • Dec 14

532374: Quantum Secure Fibre Breakthrough Will Drive Stronger Outlook

The 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).
User avatar
New Narrative • May 09

Optical 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.

Earnings and Revenue Growth Forecasts

BSE:532374 - Analysts future estimates and past financials data (INR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/202967,2145,4064,1108,1101
3/31/202871,8516,5485,2569,7562
3/31/202762,2853,9722,4166,9162
3/31/202648,0405603,2705,200N/A
12/31/202543,63030N/AN/AN/A
9/30/202541,040705,6007,340N/A
6/30/202541,430-140N/AN/AN/A
3/31/202539,960-7202,1103,480N/A
12/31/202450,360-1,640N/AN/AN/A
9/30/202450,970-1,9206702,700N/A
6/30/202451,780-1,510N/AN/AN/A
3/31/202440,870-6505,1107,910N/A
12/31/202362,5171,060N/AN/AN/A
9/30/202368,1932,3205,4307,920N/A
6/30/202370,0802,730N/AN/AN/A
3/31/202369,3102,450-1,4702,280N/A
12/31/202263,5072,499N/AN/AN/A
9/30/202258,015326-3,8062,005N/A
6/30/202260,183-870N/AN/AN/A
3/31/202254,5301,620-1,0305,840N/A
12/31/202156,7072,004N/AN/AN/A
9/30/202156,2364,278-1,3933,978N/A
6/30/202152,9823,870N/AN/AN/A
3/31/202148,4862,7911,8286,385N/A
12/31/202045,3542,375N/AN/AN/A
9/30/202044,2202,0481,5814,858N/A
6/30/202046,3373,060N/AN/AN/A
3/31/202051,7694,4222,7606,964N/A
12/31/201957,9995,261N/AN/AN/A
9/30/201959,3666,194N/A8,980N/A
6/30/201956,5815,913N/AN/AN/A
3/31/201951,0155,703N/A6,311N/A
12/31/201841,5945,195N/AN/AN/A
9/30/201836,5974,619N/AN/AN/A
6/30/201833,5463,998N/AN/AN/A
3/31/201831,9383,387N/A7,289N/A
12/31/201730,4262,856N/AN/AN/A
9/30/201728,8102,446N/AN/AN/A
6/30/201726,1132,242N/AN/AN/A
3/31/201724,6042,014N/A4,885N/A
12/31/201623,8621,898N/AN/AN/A
9/30/201622,4951,709N/AN/AN/A
6/30/201622,6281,601N/AN/AN/A
3/31/201621,4611,537N/A2,147N/A
12/31/201544,167-109N/AN/AN/A
9/30/201540,255-161N/AN/AN/A
6/30/201535,023-28N/AN/AN/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 532374's forecast earnings growth (48.7% per year) is above the savings rate (6.9%).

Earnings vs Market: 532374's earnings (48.7% per year) are forecast to grow faster than the Indian market (16.8% per year).

High Growth Earnings: 532374's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 532374's revenue (12.7% per year) is forecast to grow faster than the Indian market (11% per year).

High Growth Revenue: 532374's revenue (12.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 532374's Return on Equity is forecast to be low in 3 years time (18.6%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/09 09:18
End of Day Share Price 2026/05/08 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Sterlite Technologies Limited is covered by 16 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Sushil Sharma360 ONE Capital Market Private Limited
Pankaj KaduAxis Capital Limited
Reena BhasinBofA Global Research