Sterlite Technologies Future Growth

Future criteria checks 5/6

Sterlite Technologies is forecast to grow earnings and revenue by 101.1% and 21.4% per annum respectively. EPS is expected to grow by 99.1% per annum. Return on equity is forecast to be 15.3% in 3 years.

Key information

101.1%

Earnings growth rate

99.1%

EPS growth rate

Communications earnings growth	31.6%
Revenue growth rate	21.4%
Future return on equity	15.3%
Analyst coverage	Low
Last updated	30 Aug 2024

Recent future growth updates

Recent updates

The Sterlite Technologies Limited (NSE:STLTECH) Analysts Have Been Trimming Their Sales Forecasts

May 11

Market Participants Recognise Sterlite Technologies Limited's (NSE:STLTECH) Earnings Pushing Shares 25% Higher

Apr 30

Sterlite Technologies (NSE:STLTECH) Will Be Looking To Turn Around Its Returns

Feb 27

Is Sterlite Technologies (NSE:STLTECH) Using Too Much Debt?

Nov 17

Downgrade: Here's How Analysts See Sterlite Technologies Limited (NSE:STLTECH) Performing In The Near Term

Oct 28

Is Now An Opportune Moment To Examine Sterlite Technologies Limited (NSE:STLTECH)?

May 23

Sterlite Technologies (NSE:STLTECH) Has Announced That Its Dividend Will Be Reduced To ₹0.50

Jul 26

Returns On Capital Signal Tricky Times Ahead For Sterlite Technologies (NSE:STLTECH)

Jun 15

Is Now An Opportune Moment To Examine Sterlite Technologies Limited (NSE:STLTECH)?

Apr 28

Calculating The Intrinsic Value Of Sterlite Technologies Limited (NSE:STLTECH)

Mar 22

Here's Why Sterlite Technologies (NSE:STLTECH) Has A Meaningful Debt Burden

Feb 17

Return Trends At Sterlite Technologies (NSE:STLTECH) Aren't Appealing

Jan 19

Earnings and Revenue Growth Forecasts

NSEI:STLTECH - Analysts future estimates and past financials data (INR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2027	89,752	9,205	6,042	N/A	2
3/31/2026	74,788	5,178	3,124	N/A	2
3/31/2025	55,812	-440	915	N/A	2
6/30/2024	51,660	-1,510	N/A	N/A	N/A
3/31/2024	54,820	-580	5,110	7,910	N/A
12/31/2023	62,517	1,060	N/A	N/A	N/A
9/30/2023	68,193	2,320	5,430	7,920	N/A
6/30/2023	70,080	2,730	N/A	N/A	N/A
3/31/2023	69,310	2,450	-1,470	2,280	N/A
12/31/2022	63,507	2,499	N/A	N/A	N/A
9/30/2022	58,015	326	-3,806	2,005	N/A
6/30/2022	60,183	-870	N/A	N/A	N/A
3/31/2022	54,530	1,620	-1,030	5,840	N/A
12/31/2021	56,707	2,004	N/A	N/A	N/A
9/30/2021	56,236	4,278	-1,393	3,978	N/A
6/30/2021	52,982	3,870	N/A	N/A	N/A
3/31/2021	48,486	2,791	1,828	6,385	N/A
12/31/2020	45,354	2,375	N/A	N/A	N/A
9/30/2020	44,220	2,048	1,581	4,858	N/A
6/30/2020	46,337	3,060	N/A	N/A	N/A
3/31/2020	51,769	4,422	2,760	6,964	N/A
12/31/2019	57,999	5,261	N/A	N/A	N/A
9/30/2019	59,366	6,194	3,244	8,980	N/A
6/30/2019	56,581	5,913	N/A	N/A	N/A
3/31/2019	51,015	5,703	-2,068	6,311	N/A
12/31/2018	41,594	5,195	N/A	N/A	N/A
9/30/2018	36,597	4,619	N/A	N/A	N/A
6/30/2018	33,546	3,998	N/A	N/A	N/A
3/31/2018	31,938	3,387	N/A	7,289	N/A
12/31/2017	30,426	2,856	N/A	N/A	N/A
9/30/2017	28,810	2,446	N/A	N/A	N/A
6/30/2017	26,113	2,242	N/A	N/A	N/A
3/31/2017	24,604	2,014	N/A	4,885	N/A
12/31/2016	23,862	1,898	N/A	N/A	N/A
9/30/2016	22,495	1,709	N/A	N/A	N/A
6/30/2016	22,628	1,601	N/A	N/A	N/A
3/31/2016	21,461	1,537	N/A	2,147	N/A
12/31/2015	44,167	-109	N/A	N/A	N/A
9/30/2015	40,255	-161	N/A	N/A	N/A
6/30/2015	35,023	-28	N/A	N/A	N/A
3/31/2015	30,971	-26	N/A	3,927	N/A
3/31/2014	25,639	-355	N/A	2,636	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: STLTECH is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (6.7%).

Earnings vs Market: STLTECH is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: STLTECH is expected to become profitable in the next 3 years.

Revenue vs Market: STLTECH's revenue (21.4% per year) is forecast to grow faster than the Indian market (10.1% per year).

High Growth Revenue: STLTECH's revenue (21.4% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: STLTECH's Return on Equity is forecast to be low in 3 years time (15.3%).

Sterlite Technologies Future Growth

Future criteria checks 5/6

Key information

Recent future growth updates

Price target decreased by 12% to ₹156

Price target decreased by 13% to ₹185

Price target decreased to ₹273

Price target decreased to ₹307

Recent updates

Sterlite Technologies Limited Showcases Its 288 Fibre Microcable with 180-Micron Fibre At Connected Britain 2024

Sterlite Technologies Limited Unveils Advanced High-Density Optical Fibre Cables At Fibre Connect 2024

Sterlite Technologies Limited to Report Q1, 2025 Results on Jul 30, 2024

Sterlite Technologies Limited to Report Q1, 2025 Results on Jul 30, 2024

Full year 2024 earnings: EPS and revenues miss analyst expectations

Sterlite Technologies Limited, Annual General Meeting, Jul 29, 2024

Sterlite Technologies Limited, Annual General Meeting, Jul 29, 2024

The Sterlite Technologies Limited (NSE:STLTECH) Analysts Have Been Trimming Their Sales Forecasts

New minor risk - Share price stability

Sterlite Technologies Limited Recommends No Dividend for the Financial Year Ended March 31, 2024

Now 23% undervalued after recent price drop

Market Participants Recognise Sterlite Technologies Limited's (NSE:STLTECH) Earnings Pushing Shares 25% Higher

Sterlite Technologies Limited to Report Q4, 2024 Results on May 08, 2024

Third quarter 2024 earnings released: ₹1.23 loss per share (vs ₹1.93 profit in 3Q 2023)

Now 23% undervalued after recent price drop

New minor risk - Shareholder dilution

Sterlite Technologies Limited has filed a Follow-on Equity Offering.

Investor sentiment improves as stock rises 16%

Sterlite Technologies (NSE:STLTECH) Will Be Looking To Turn Around Its Returns

Sterlite Technologies Limited completed the acquisition Clearcomm Group Limited.

Sterlite Technologies Limited completed the acquisition Clearcomm Group Limited.

Insufficient new directors

Price target decreased by 12% to ₹156

Sterlite Technologies Limited to Report Q3, 2024 Results on Jan 25, 2024

Sterlite Technologies Limited Announces Board Appointments

Is Sterlite Technologies (NSE:STLTECH) Using Too Much Debt?

Investor sentiment improves as stock rises 15%

Second quarter 2024 earnings released: EPS: ₹0.71 (vs ₹1.11 in 2Q 2023)

Downgrade: Here's How Analysts See Sterlite Technologies Limited (NSE:STLTECH) Performing In The Near Term

Investor sentiment deteriorates as stock falls 18%

Sterlite Technologies Limited to Report Q2, 2024 Results on Oct 26, 2023

Sterlite Technologies Limited Launches Alnnov

Sterlite Technologies Limited Formally Announces the Launch of its Manufacturing Facility in Lugoff, South Carolina - The Palmetto Plant

Sterlite Technologies Limited Announces Executive Changes

Upcoming dividend of ₹1.00 per share at 0.7% yield

Price target decreased by 13% to ₹185

Full year 2023 earnings: EPS and revenues miss analyst expectations

Sterlite Technologies Limited Proposes Dividend for the Financial Year Ended March 31, 2023

Sterlite Technologies Limited, Annual General Meeting, Aug 11, 2023

Is Now An Opportune Moment To Examine Sterlite Technologies Limited (NSE:STLTECH)?

Sterlite Technologies Limited Recommends Final Dividend for the Year 2022-23

Full year 2023 earnings: EPS and revenues miss analyst expectations

Sterlite Technologies Limited to Report Q4, 2023 Results on May 17, 2023

Capital Allocation Trends At Sterlite Technologies (NSE:STLTECH) Aren't Ideal

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.

Third quarter 2023 earnings released: EPS: ₹1.96 (vs ₹3.53 loss in 3Q 2022)

We Think Sterlite Technologies (NSE:STLTECH) Has A Fair Chunk Of Debt

Sterlite Technologies Limited to Report Q3, 2023 Results on Jan 27, 2023

Now 23% undervalued after recent price drop

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.

Is There Now An Opportunity In Sterlite Technologies Limited (NSE:STLTECH)?

Sterlite Technologies Limited Appoints Tushar Shroff as the Chief Financial Officer

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.

Second quarter 2023 earnings released: EPS: ₹1.11 (vs ₹2.55 in 2Q 2022)

Sterlite Technologies Limited to Report Q2, 2023 Results on Nov 04, 2022

Estimating The Fair Value Of Sterlite Technologies Limited (NSE:STLTECH)

Sterlite Technologies Limited Announces Resignation of Mr. Mihir Modi as Chief Financial Officer (Cfo), Effect from Close of Business Hours of October 14, 2022

Sterlite Technologies Limited Appoints Ashwini Bakshi as Chief Sales Officer

Sterlite Technologies Limited Approves Dividend for the Financial Year Ended March 31, 2022

Upcoming dividend of ₹0.50 per share

Sterlite Technologies' (NSE:STLTECH) Dividend Will Be Reduced To ₹0.50

Sterlite Technologies Limited Launches Comprehensive Optical Suite for India's 5G Readiness

First quarter 2023 earnings released: ₹0.51 loss per share (vs ₹2.89 profit in 1Q 2022)

Sterlite Technologies (NSE:STLTECH) Has Announced That Its Dividend Will Be Reduced To ₹0.50

Sterlite Technologies Limited, Annual General Meeting, Aug 26, 2022

Sterlite Technologies Limited to Report Q1, 2023 Results on Jul 25, 2022

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.

Returns On Capital Signal Tricky Times Ahead For Sterlite Technologies (NSE:STLTECH)

Full year 2022 earnings: EPS and revenues miss analyst expectations

Price target decreased to ₹273

Investor sentiment deteriorated over the past week