Sterlite Technologies Limited

NSEI:STLTECH Stock Report

Market Cap: ₹399.7b

Sterlite Technologies Valuation

Is STLTECH undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of STLTECH when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: STLTECH (₹818.8) is trading above our estimate of future cash flow value (₹641.75)

Significantly Below Future Cash Flow Value: STLTECH is trading above our estimate of future cash flow value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for STLTECH?

Key metric: As STLTECH is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for STLTECH. This is calculated by dividing STLTECH's market cap by their current revenue.
What is STLTECH's PS Ratio?
PS Ratio7.1x
Sales₹56.43b
Market Cap₹399.74b

Price to Sales Ratio vs Peers

How does STLTECH's PS Ratio compare to its peers?

The above table shows the PS ratio for STLTECH vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average12.1x
523610 ITI
11.7xn/a₹246.9b
532493 Astra Microwave Products
13.6x20.14%₹155.0b
TEJASNET Tejas Networks
7.1xn/a₹92.2b
532406 Avantel
16.2xn/a₹39.1b
STLTECH Sterlite Technologies
7.1x36.19%₹399.7b

Price-To-Sales vs Peers: STLTECH is good value based on its Price-To-Sales Ratio (7.1x) compared to the peer average (12.1x).

Historical Price to Sales Ratio

Historical Price to Sales Ratio compares a stock's price to its sales over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Sales Ratio vs Industry

How does STLTECH's PS Ratio compare vs other companies in the IN Communications Industry?

4 CompaniesPrice / SalesEstimated GrowthMarket Cap
VINDHYATEL Vindhya Telelinks
0.9xn/aUS$328.60m
SMARTLINK Smartlink Holdings
0.7xn/aUS$22.92m
AKSHOPTFBR Aksh Optifibre
0.8xn/aUS$13.30m
531158 Catvision
0.5xn/aUS$1.07m
No more companies available in this PS range
STLTECH 7.1xIndustry Avg. 4.6xNo. of Companies4PS048121620+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: STLTECH is expensive based on its Price-To-Sales Ratio (7.1x) compared to the Indian Communications industry average (4.6x).

Price to Sales Ratio vs Fair Ratio

What is STLTECH's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

STLTECH PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio7.1x
Fair PS Ratio17.9x

Price-To-Sales vs Fair Ratio: STLTECH is good value based on its Price-To-Sales Ratio (7.1x) compared to the estimated Fair Price-To-Sales Ratio (17.9x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst STLTECH forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹818.80
₹1,250.00
+52.66%
12.00%₹1,400.00₹1,100.00n/a2
Sep ’27₹693.70
₹860.00
+23.97%
10.47%₹950.00₹770.00n/a2
Aug ’27₹557.05
₹860.00
+54.38%
10.47%₹950.00₹770.00n/a2
Jul ’27₹590.75
₹547.50
-7.32%
19.63%₹655.00₹440.00n/a2
Jun ’27₹562.95
₹547.50
-2.74%
19.63%₹655.00₹440.00n/a2
May ’27₹294.80
₹422.50
+43.32%
4.14%₹440.00₹405.00n/a2
Apr ’27₹181.48
₹190.00
+4.69%
5.26%₹200.00₹180.00n/a2
Mar ’27₹159.18
₹159.00
-0.11%
25.79%₹200.00₹118.00n/a2
Feb ’27₹113.34
₹124.00
+9.41%
4.84%₹130.00₹118.00n/a2
Jan ’27₹102.50
₹129.00
+25.85%
8.53%₹140.00₹118.00n/a2
Dec ’26₹105.28
₹129.00
+22.53%
8.53%₹140.00₹118.00n/a2
Nov ’26₹117.47
₹128.00
+8.96%
17.19%₹150.00₹106.00n/a2
Oct ’26₹121.57
₹128.00
+5.29%
17.19%₹150.00₹106.00n/a2
Sep ’26₹106.65
₹128.00
+20.02%
17.19%₹150.00₹106.00₹693.702
Aug ’26₹115.89
₹128.00
+10.45%
17.19%₹150.00₹106.00₹557.052
Jul ’26₹108.88
₹92.50
-15.04%
13.51%₹105.00₹80.00₹590.752
Jun ’26₹71.94
₹92.50
+28.58%
13.51%₹105.00₹80.00₹562.952
May ’26₹62.40
₹132.50
+112.34%
20.75%₹160.00₹105.00₹294.802
Apr ’26₹85.14
₹132.50
+55.63%
20.75%₹160.00₹105.00₹181.482
Mar ’26₹86.22
₹132.50
+53.68%
20.75%₹160.00₹105.00₹159.182
Feb ’26₹106.67
₹132.50
+24.21%
20.75%₹160.00₹105.00₹113.342
Jan ’26₹115.80
₹140.00
+20.90%
21.43%₹170.00₹110.00₹102.502
Dec ’25₹117.93
₹140.00
+18.71%
21.43%₹170.00₹110.00₹105.282
Nov ’25₹119.41
₹140.00
+17.24%
21.43%₹170.00₹110.00₹117.472
Oct ’25₹121.97
₹146.50
+20.11%
16.04%₹170.00₹123.00₹121.572
Sep ’25₹131.68
₹146.50
+11.25%
16.04%₹170.00₹123.00₹106.652
₹1.25k
Fair Value
34.5% undervalued intrinsic discount
2
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/18 17:52
End of Day Share Price 2026/09/18 00:00
Earnings2026/06/30
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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

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 17 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