Sterlite Technologies Ltd

NSE: STLTECH · Telecom - Equipment & Accessories · sector

₹910.90NSE close 2026-10-27

Key numbers

The price history in our source data for this company failed a basic check (often a split, bonus or scheme not yet adjusted), so market cap, the 52-week range, price change, the price chart and ratios that use the price or share count (such as P/E, P/B, dividend yield, EV/EBITDA and PEG) are hidden until it is corrected. The latest exchange close and filed results are unaffected.

Market cap–

Price₹910.90

52w high / low–

P/E–Sector median 44.0x

P/B–Sector median 5.9x

Book value–

Dividend yield–Sector median 0.25%

ROE13.2%Sector median 13.2%

ROCE14.2%Sector median 13.8%

OPM15.0%Sector median 12.0%

Debt / equity0.81xSector median 0.40x

EV/EBITDA–Sector median 25.2x

Interest cover2.5x

Current ratio0.98x

Sales growth 3y-11.8%Sector median +13.3%

Profit growth 3y-26.5%Sector median +16.4%

PEG–

Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 11 companies in Telecom - Equipment & Accessories (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹327 cr vs borrowings ₹1,827 cr (FY26): borrowings are higher by ₹1,500 cr.
Operating profit covered interest 2.5x in the last 12 months.
No promoter shares are pledged.
Promoter holding fell by 2.17 percentage points in a year, to 42.28% (2026-09-30).
Operating cash flow was below net profit in 0 of the last 5 years.
Net loss in 4 of the last 8 quarters.
Revenue was higher than a year earlier in 2 of the last 4 quarters.
Other income was 20% of net profit in the last 12 months.
Debtor days went from 106 (FY24) to 82 (FY26).
Dividend paid in 3 of the last 5 financial years.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Price history not available.

Quarterly results

₹ cr	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	1,413	1,261	1,052	1,019	1,034	1,257	1,441	1,910
EBITDA	145	128	125	132	129	105	226	385
OPM %	10.3%	10.2%	11.9%	13.0%	12.5%	8.4%	15.7%	20.2%
Other income	6	5	21	8	12	9	23	12
Net profit	-14	-24	-40	10	28	-4	59	197
EPS (₹)	-0.28	-0.48	-0.84	0.20	0.08	-0.35	1.21	4.03
Revenue YoY					-26.8%	-0.3%	+37.0%	+87.4%
Profit YoY					–	–	–	+1,870.0%

Consolidated figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY22	FY23	FY24	FY25	FY26	TTM
Revenue	5,754	6,925	5,478	3,996	4,745	5,642
EBITDA	551	890	570	416	585	845
Net profit	62	141	-51	-123	56	280
EPS (₹)	1.56	3.53	-1.27	-2.54	1.15	4.97
Revenue growth		+20.3%	-20.9%	-27.1%	+18.7%	+18.9%
Profit growth		+127.6%	-136.2%	–	–	–
Dividend / share (₹)	2.00	0.50	1.00	–	–

Compounded growth	3 years	5 years	Last 12 months
Sales	-11.8%	-0.3%	+18.9%
Net profit	-26.5%	-27.3%	–
EPS	-31.2%	-30.2%	–
Share price	–	– (2y)	–

Balance sheet

₹ cr	FY22	FY23	FY24	FY25	FY26
Shareholders' equity	–	2,091	2,023	1,990	2,268
Borrowings	–	3,667	3,225	1,818	1,827
Cash & equivalents	–	547	438	468	327
Total assets	–	8,865	8,331	5,527	6,346
Fixed assets	–	2,854	2,839	2,671	2,693
Capital work in progress	–	129	62	23	19
Investments	–	96	88	90	463
Receivables	–	1,822	1,598	826	1,066
Inventory	–	832	822	736	906
Payables	–	2,152	2,178	1,028	1,065

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY22	FY23	FY24	FY25	FY26
Cash from operations	574	227	791	348	520
Cash from investing	-471	-58	-209	-89	-507
Cash from financing	115	-132	-691	-208	-133
Capex	677	375	280	137	193
Free cash flow	-103	-149	511	211	327

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY22	FY23	FY24	FY25	FY26
ROE %	–	6.7%	-2.5%	-6.2%	2.5%
ROCE %	–	10.8%	5.6%	3.6%	8.1%
Debtor days	–	96	106	75	82
Inventory days	–	92	120	134	139
Payable days	–	238	318	188	163
Cash conversion cycle (days)	–	-50	-92	21	58
Working capital days	–	-11	-36	-21	-4

Shareholding

Holder (% of shares)	Dec 2025	Mar 2026	Jun 2026	Sep 2026	Change since Dec 2025
Promoters	44.44%	–	44.51%	42.28%	-2.16 pts
FIIs	10.93%	–	18.22%	17.77%	+6.84 pts
DIIs	11.05%	–	11.44%	13.74%	+2.69 pts
of which Mutual funds	8.27%	–	9.48%	12.31%	+4.04 pts
of which Insurance	1.17%	–	0.82%	0.43%	-0.74 pts
Government	0.00%	–	0.00%	0.00%	0.00 pts
Public (non-institutions)	33.57%	–	25.83%	26.21%	-7.36 pts
No. of shareholders	2,19,889	–	2,33,593	2,75,650	+25.4%

PromotersFIIsDIIsPublic (non-institutions)

Promoter group	%
Twin Star Overseas Ltd	40.74%
Vedanta Limited	0.93%
Ankit Agarwal	0.35%
Pravin Agarwal	0.21%
Navin Agarwal	0.02%
Pratik Pravin Agarwal	0.02%
Sonakshi Agarwal	0.01%
Jyoti Agarwal	0.00%
Anil Kumar Agarwal	0.00%
Pravin Agarwal Family Trust	0.00%
Twin Star Technologies Limited	0.00%
STL Networks Limited	0.00%
Runaya Private Limited	0.00%
Runaya Metsource Limited (Erstwhile Runaya Metsource LLP)	0.00%
Sterlite Grid 5 Limited	0.00%

Public holders above 1%	%
Motilal Oswal Midcap Fund	7.55%
Smallcap World Fund, INC	2.24%
Bandhan Value Fund	1.73%

2,75,650 shareholders. Pledged: 0.00% of promoter shares.

From the company's quarterly shareholding-pattern filings on the exchange (NSE/BSE), latest as of Sep 2026. "pts" = percentage points; the number of shareholders is as filed by the company. No filing on our file for Mar 2026 (shown as –).

Peers in Telecom - Equipment & Accessories

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
ITI	₹20,948 cr	55.2x	11.0x	18.4%	18.7%	23.9%	+16.1%	–
TEJASNET	₹7,480 cr	–	3.0x	-27.9%	-11.1%	-31.8%	+6.3%	0.59%
OPTIEMUS	₹6,511 cr	88.9x	8.4x	10.1%	10.2%	4.6%	+14.6%	–
VALIANT	₹1,869 cr	61.4x	19.4x	34.5%	37.1%	37.8%	+41.1%	0.06%
BIRLACABLE	₹933 cr	20.2x	3.3x	17.3%	17.5%	9.8%	-0.9%	–
ADCINDIA	₹926 cr	41.1x	10.7x	28.8%	34.0%	11.7%	+11.9%	0.25%
UMIYA-MRO	₹163 cr	44.0x	1.4x	3.4%	7.2%	28.4%	+29.5%	–
AKSHOPTFBR	₹116 cr	–	–	–	13.3%	12.4%	-23.7%	–
TNTELE	₹42 cr	–	–	–	–	–	–	–
STLTECH	–	–	–	13.2%	14.2%	15.0%	-11.8%	–

All 11 companies in Telecom - Equipment & Accessories →

Business segments (FY26)

Segment	Revenue	Share	EBIT	Margin
Optical networking business	₹4,486 cr	94.0%	₹606 cr	13.5%
Digital and technology solutions	₹284 cr	6.0%	₹3 cr	1.1%

Dividends & corporate actions

Ex-date	Action	Detail
2025-04-24	Restructuring	Demerger
2023-08-08	Dividend	Annual General Meeting/Dividend - Re 1 Per Share
2022-08-22	Dividend	Annual General Meeting/Dividend - Rs 0.50 Per Share
2021-08-20	Dividend	Annual General Meeting/Dividend - Rs 2 Per Share
2020-08-27	Dividend	Annual General Meeting/Dividend - Rs 3.50 Per Share
2019-07-18	Dividend	Annual General Meeting/Dividend- Rs 3.50 Per Share
2018-06-21	Dividend	Annual General Meeting/Dividend- Rs 2 Per Share
2017-06-29	Dividend	Annual General Meeting/Dividend - Rs 0.75 Per Share
2016-11-10	Dividend	Interim Dividend Re 0.50 Per Share (Purpose Revised)
2016-08-25	Dividend	Annual General Meeting/ Dividend - Re 1/- Per Share
2016-06-15	Other	Sheme Of Arrangement
2015-07-23	Dividend	Annual General Meeting/ Dividend - Re 0.60/- Per Share
2014-08-07	Dividend	Annual General Meeting/Dividend Re 0.30/- Per Share
2013-07-29	Dividend	Annual General Meeting / Dividend - Re 0.30/- Per Share
2012-09-04	Dividend	Annual General Meeting And Dividend Re.0.30 Per Share
2011-09-09	Dividend	Annual General Meeting/Dividend Re 0.50 Per Share
2010-07-05	Dividend	Annual General Meeting And Final Dividend Re.0.50 Per Share
2010-03-09	Other	Bon 1:1/Fv Spl Rs.5tors.2
2009-07-16	Dividend	Dividend - 25%
2008-07-23	Dividend	Dividend - 20%

Latest filings

27 Oct 2026
Analysts/Institutional Investor Meet/Con. Call Updates
STLTECH: Sterlite Technologies Limited has informed the Exchange about Transcript
23 Oct 2026
Analysts/Institutional Investor Meet/Con. Call Updates
Sterlite Technologies Limited has informed the Exchange about Link of Recording
23 Oct 2026
Monitoring Agency Report
Monitoring Agency Report for the quarter ended September 30, 2026 for QIP.
23 Oct 2026
Monitoring Agency Report
Monitoring Agency Report for the Quarter ended September 30, 2026 for Preferential Issue
23 Oct 2026
Outcome of Board Meeting
Sterlite Technologies Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026.
6 Oct 2026
Analysts/Institutional Investor Meet/Con. Call Updates
Sterlite Technologies Limited has informed the Exchange about Schedule of meet
1 Oct 2026
Bagging/Receiving of orders/contracts
Sterlite Technologies Limited has informed the Exchange about Bagging/Receiving of orders/contracts
24 Sep 2026
Press Release
STLTECH: Sterlite Technologies Limited has informed the Exchange regarding a press release dated September 24, 2026, titled "Press Release - Sterlite Technologies strengthens its Neuralis portfolio with Pre-Terminated…
23 Sep 2026
Analysts/Institutional Investor Meet/Con. Call Updates
Intimation regarding Investor/ Analyst Meet to be held on September 28, 2026.
22 Sep 2026
Appointment
STLTECH: Sterlite Technologies Limited has informed the Exchange regarding Appointment of Ms. Lakshmi Iyer as Senior Management Personnel of the company w.e.f. September 23, 2026.
10 Sep 2026
Press Release
Press Release - Sterlite Technologies Limited launches Plenum-rated Fiber Trunk Assemblies for AI Data Center Connectivity.
7 Sep 2026
Analysts/Institutional Investor Meet/Con. Call Updates
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed transcript of Analyst/ Investor Meet held on September 3, 2026.
3 Sep 2026
Analysts/Institutional Investor Meet/Con. Call Updates
STLTECH: Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith video recordings of investor/ analyst meet held on September 3, 2026.
3 Sep 2026
Capacity addition
Sterlite Technologies Limited has informed the Exchange about Capacity addition
3 Sep 2026
Outcome of Board Meeting
Sterlite Technologies Limited has informed the Exchange regarding Outcome of Board Meeting held on September 03, 2026.

Filed by the company on NSE in the last 3 months (routine notices left out). The text under each title is a short extract of the company's own filing; the link opens the full original file on the NSE website. Fetched 27 Oct 2026.

Documents

Links go to the original files on the exchange website.

About the company

Optical Networking Business: STL is a leading global optical company. Telecom operators, cloud companies, citizen networks, and large enterprises recognize and rely on STL for advanced capabilities in optical connectivity
STL Digital: STL Neox is a leading provider of cutting-edge Next Generation Voice Services with a strong global market presence and unmatched expertise in IP technology. Neox is a Unified Communication platform, featuring a comprehensive suite of UCaaS, CCaaS, and CPaaS offerings.


Sector	Telecommunication
Industry	Telecom - Equipment & Accessories
Sub-industry	Telecom - Equipment & Accessories
Symbol	STLTECH
BSE code	532374
ISIN	INE089C01029
Face value	₹2.0
Incorporated	2000-03-24
Website	https://www.stl.tech
Plants (India / abroad)	5 / 0

From the company's filings (BRSR FY26).

Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-27.