STLTECH
STERLITE TECHNOLOGIES LTD
NSE BSELast Traded Price
₹670.70
-35.25 (-4.99%)
Open
₹684.00
High
₹708.00
Low
₹670.70
Prev Close
₹705.95
Industry
Telecommunication
Market Cap
34,488.10 Cr
Filing History
Recent corporate announcements and filings for 532374
Business Update
Neutral
2026-11-05 18:30
- Sterlite Technologies Limited informed the exchange about upcoming investor/analyst meetings.
- Participation in the 29th CITIC CLSA India Forum 2026 on Tuesday, November 17, 2026, in Mumbai.
- Hosting a group plant visit at Chhatrapati Sambhajinagar Plants on Thursday, November 19, 2026.
- No unpublished price-sensitive information (UPSI) will be shared during these interactions.
Business Update
Neutral
2026-11-05 18:15
Concall Schedule
Concall Date: November 17, 2026 and November 19, 2026
Concall Time: During business hours
Business Update
Neutral
2026-11-03 18:44
Concall Schedule
Concall Date: Friday, November 13, 2026
Concall Time: During business hours
Business Update
Neutral
2026-11-03 18:42
Concall Schedule
Concall Date: Friday, November 13, 2026
Concall Time: During business hours
Governance
Neutral
2026-10-29 13:06
- Sterlite Technologies Limited informed about the allotment of 153,058 equity shares under its Employee Stock Option Scheme (ESOP) - 2010 and 2016.
- The allotment was approved by the Authorization and Allotment Committee of the Board of Directors on October 29, 2026.
- Post-allotment, the total paid-up share capital of the company increased from 514,057,433 to 514,210,491 equity shares.
Governance
Neutral
2026-10-29 13:02
- Sterlite Technologies Limited announced the allotment of 153,058 equity shares under its Employee Stock Option Scheme (ESOP) – 2010 and 2016.
- The allotment was approved by the Authorization and Allotment Committee of the Board of Directors on October 29, 2026.
- Post-allotment, the total paid-up share capital of the company increased to 514,210,491 equity shares.
Business Update
Positive
2026-10-27 16:48
Management Guidance & Outlook
- Lakshya FY29 EBITDA margin guidance upgraded to ~30% (up from 27% earlier) while maintaining the FY29 revenue target at ₹20,000 Cr.
- Data Center segment expected to scale to 50%-60% of total revenue over time (contributed 33% in H1 FY27).
Order Book & Pipeline
- Open order book reached an all-time high of ₹35,274 Cr, up 4.6x from ₹7,687 Cr at the beginning of the fiscal year.
- Secured H1 FY27 order intake of ₹32,000 Cr, including a new 5-year deal valued at potential $1.2B with a global hyperscaler.
Capex & Expansion
- Planned capex of ₹1,000 Cr per annum through FY29 to expand preform, fiber, and cable capacities by 50% and construct a new greenfield facility for pre-terminated solutions.
Balance Sheet & Credit Rating
- Company is net debt-free with net cash improving to ₹703 Cr (from ₹483 Cr in Q1 FY27).
- Long-term credit rating upgraded by CRISIL to AA/Stable (from AA-), matching ICRA at AA/Stable.
Business Update
Positive
2026-10-27 16:38
Management Guidance & Outlook
- Upgraded FY29 'Lakshya' EBITDA margin target to ~30% from 27% previously, while maintaining the FY29 revenue target at ₹20,000 crores.
- Aiming to scale Data Center segment contribution to 50-60% of total revenue.
- Targeting to sustain and improve attach rates beyond 25% for the year.
Order Book & Growth Drivers
- Order book reached a record high of ₹35,274 crores, with ₹3,021 crores scheduled for execution in Q3 FY27.
- H1 FY27 order intake stood at ₹32,000 crores (~4x of FY26), including a major $1.2 billion 5-year hyperscaler contract.
- Strong demand tailwinds driven by AI data centers, 5G/6G adoption, and FTTx rollouts (BEAD and BharatNet).
- Global ex-China OFC market share increased to 9% and attach rate expanded to an all-time high of 24%.
Capex & Balance Sheet
- Committed capex of ₹1,000 crores annually through FY29 to expand preform, fiber, and cable capacity by 50% and establish a greenfield pre-term facility.
- 2% of annual revenues committed to R&D for next-generation optical platforms.
- Remained net debt-free with net cash balance increasing to ₹703 crores; long-term credit rating upgraded by CRISIL to AA/Stable.
Business Update
Neutral
2026-10-23 19:57
- Audio recording of the Q2 FY27 earnings call held on October 23, 2026, has been made available.
- The recording is hosted on the company's website under the investor section at https://stl.tech/download/.
Business Update
Neutral
2026-10-23 19:54
- Audio recording of the Q2 FY27 earnings call held on October 23, 2026, has been made available on the company's website.
- The recording can be accessed at https://stl.tech/download/ under the specified investor earnings call tab.
Financials
Positive
2026-10-23 12:59
Q2 FY27 Consolidated Revenue ₹2,529Cr vs ₹1,034Cr (▲145% YoY)
EBITDA ₹846Cr vs ₹141Cr (▲500% YoY)
PAT ₹517Cr vs ₹4Cr (▲12825% YoY)
EBITDA Margin 33.5% vs 13.6% (▲1982bps)
Financials
Positive
2026-10-23 12:55
Q2 FY27 Consolidated Revenue ₹2,529Cr vs ₹1,034Cr (▲145% YoY)
EBITDA ₹846Cr vs ₹141Cr (▲500% YoY)
PAT ₹517Cr vs ₹4Cr (▲12,825% YoY)
EBITDA Margin 33.5% vs 13.6% (▲1981bps)
Financials
Positive
2026-10-23 12:54
Q2 FY27 Consolidated Revenue ₹2,529Cr vs ₹1,034Cr (▲145% YoY)
EBITDA ₹846Cr vs ₹141Cr (▲500% YoY)
PAT ₹517Cr vs ₹4Cr (▲12,825% YoY)
EBITDA Margin 33.5% vs 13.6% (▲1982bps)
Governance
Neutral
2026-10-22 16:11
- Sterlite Technologies Limited has announced the grant of 82,158 stock options under its Employees Stock Option Scheme 2016 (ESOP 2016).
- Options are granted at an exercise price of Rs. 2/- per option to eligible employees.
- The options will vest over 3 years and are exercisable within 5 years from the date of vesting.
Governance
Neutral
2026-10-22 16:10
- Sterlite Technologies Limited has announced the grant of 82,158 stock options under its ESOP 2016 scheme.
- The options were granted by the Nomination and Remuneration Committee on October 22, 2026, at an exercise price of ₹2 per option.
- The options will vest over a period of 3 years and are exercisable within 5 years from the vesting date.
Business Update
Neutral
2026-10-06 19:50
Concall Schedule
Concall Date: October 23, 2026
Concall Time: 04:00 PM IST
Business Update
Neutral
2026-10-06 19:44
Concall Schedule
Concall Date: October 23, 2026
Concall Time: 04:00 PM IST
Governance
Neutral
2026-10-06 19:32
- Board meeting scheduled on Friday, October 23, 2026.
- Agenda: To consider and approve Unaudited Financial Results (Standalone and Consolidated) for the quarter and half year ended September 30, 2026.
- Trading window remains closed from October 01, 2026, to October 25, 2026.
Business Update
Positive
2026-10-01 11:27
Order Win: Sterlite Technologies Limited won order from A hyperscale partner
Order Value: ~USD 1.2 billion (~₹10,000 Cr+).
Completion Timeline: Up to December 2030
Business Update
Positive
2026-10-01 11:26
Order Win: Sterlite Technologies Limited won order from A hyperscale partner
Order Value: ~USD 1.2 billion
Completion Timeline: Upto December 2030
Routine
Neutral
2026-09-28 16:34
- Trading window closed for Designated Persons and immediate relatives from October 1, 2026.
- Closure remains effective until 48 hours after declaration of Q2/H1 FY27 financial results.
- Board meeting date for considering results to be announced in due course.
Routine
Neutral
2026-09-28 16:29
- Trading window for Designated Persons and their immediate relatives will be closed from October 1, 2026.
- Closure remains effective until 48 hours after the declaration of Q2 FY27 financial results for the period ended September 30, 2026.
- Board meeting date for approving results will be announced separately.
Business Update
Positive
2026-09-24 16:54
Sterlite Technologies Limited has strengthened its Neuralis portfolio with Pre-Terminated Fiber Trunk Assemblies ranging from 48F to 6912F.
- The high-density cabling portfolio is purpose-built for hyperscale and enterprise data centers to address AI, cloud, and high-performance computing demands.
- Key offerings include Indoor (48F-576F) and Indoor/Outdoor (144F-6912F) Pre-Terminated Fiber Trunk Assemblies with factory-tested reliability and compact designs.
Business Update
Neutral
2026-09-23 23:48
- Investor/Analyst Meeting Schedule
- Meeting Date: September 28, 2026
- Meeting Time: 12:00 PM to 6:00 PM
- Event: Nuvama Emerging India CEO Forum
- Mode of interaction: Physical Conference at Mumbai (One-on-One/Group Meeting)
Governance
Positive
2026-09-22 18:33
- Sterlite Technologies Limited announced the appointment of Ms. Lakshmi Iyer as Chief M&A, Investor Relations and Capital Markets Strategy Officer.
- She is considered a Senior Management Personnel and her appointment is effective from September 23, 2026.
Governance
Positive
2026-09-22 18:23
- Sterlite Technologies Limited announced the appointment of Ms. Lakshmi Iyer as Chief M&A, Investor Relations and Capital Markets Strategy Officer.
- The appointment is effective from September 23, 2026.
- The Board approved this appointment on September 22, 2026.
Ownership
Positive
2026-09-10 19:22
- Sterlite Technologies Limited allotted 146,191 equity shares on September 10, 2026, under its Employee Stock Option Schemes 2010 and 2016.
- Post-allotment, the total share capital is 514,057,433 shares.
Ownership
Neutral
2026-09-10 19:20
- On September 10, 2026, Sterlite Technologies Limited allotted 146,191 equity shares under its Employee Stock Option Scheme 2010 and 2016.
- Post-allotment, the total paid-up share capital stands at 514,057,433 equity shares.
Business Update
Positive
2026-09-10 17:02
- STL announced the launch of Plenum-rated Fiber Trunk Assemblies for AI Data Center Connectivity. This product secured Optical Fiber Nonconductive Plenum (OFNP) US certification for its IBR pre-terminated assembly portfolio. With this, STL is now among the global AI-ready infrastructure providers for NFPA 262-qualified indoor cable assemblies.
Business Update
Positive
2026-09-10 16:57
- Sterlite Technologies Limited (STL) launched Plenum-rated Fiber Trunk Assemblies for AI Data Center Connectivity. Secured OFNP US certification for its IBR pre-terminated assembly portfolio. This positions STL as an AI-ready infrastructure provider for NFPA 262-qualified indoor cable assemblies.
Business Update
Positive
2026-09-07 12:37
- Company aims for 'Lakshya', a growth ambition for FY29, targeting ₹20,000 crore revenue, a >4x growth from ₹4,750 crore in FY26.
- Targeting an EBITDA margin of 27%+ by FY29, an improvement of over 1380 basis points from 13.2% in FY26.
- Growth driven by expanding optical TAM into AI data centers, customer co-development, integrated connectivity solutions, and technology-led differentiation.
- Planned capital allocation includes investing ~₹1,000 crore annually for the next 3 financial years, expanding preform fiber and cable capacities by 50%.
- Q1 FY27 marked the highest ever quarterly revenue EBITDA impact.
Business Update
Positive
2026-09-07 12:34
- Sterlite Technologies Limited announced its 'Lakshya' growth ambition for FY29, focusing on optical connectivity for telecom and AI data centers.
- FY29 Revenue Target: ₹20,000 Cr. (vs ₹4,750 Cr. in FY26, indicating >4x growth).
- FY29 EBITDA Margin Target: 27%+ (vs 13.2% in FY26, indicating >1380 bps improvement).
- The company plans to invest approximately ₹1,000 Cr. annually for the next 3 financial years to expand preform fiber and cable capacities by 50%.
- It also commits ~2% of average annual revenue to technology innovation (hollow-core, multi-core fiber, co-packaged optics).
Business Update
Positive
2026-09-03 21:35
- Investor/Analyst Meet held on September 3, 2026, outlining the company's 'Lakshya - Growth Roadmap FY27-29'.
- STL is entering its next phase of growth, driven by a structural shift in optical demand towards AI Data Centers and Large Enterprises.
- Higher AI density is expected to drive multifold growth in optical content, with AI scale accelerating demand across the Data Center Interconnect (DCI) layer.
- India is emerging as a major AI infrastructure opportunity, projected to reach 10 GW power capacity by 2030 (46% CAGR), attracting $200B in capital, and onboarding over 38,000 GPUs.
Business Update
Positive
2026-09-03 21:33
- Investor/Analyst Meet held on September 3, 2026, with video recording and presentation for 'Lakshya: Growth Roadmap FY27-29' now available.- STL is entering a new phase of growth driven by a structural shift in optical demand towards AI Data Centers and Large Enterprises.- Higher AI density is projected to drive multifold growth in optical content (e.g., 64k fibers/rack by 2027 onwards).- India is emerging as a major AI infrastructure opportunity, with projections of 10 GW AI capacity by 2030, $200B capital investment, and 38,000+ GPUs onboarded.
Business Update
Positive
2026-09-03 17:41
- Board approved ~50% capacity addition for Optical Fiber Cables by FY29.
- Investment: ~₹3,000 crores, to be funded by internal accruals and/or debt.
- Rationale: To cater to anticipated growth in demand and strengthen manufacturing capabilities.
Business Update
Positive
2026-09-03 17:40
- Board of Directors approved ~₹3,000 Cr Capex for approximately 50% capacity addition in existing manufacturing facilities for Optical Fiber Cables.
- Expansion is targeted for completion by end of FY29.
- To be financed through internal accruals and/or debt, to cater to anticipated global demand.
Business Update
Positive
2026-09-03 17:29
- Board approved ~50% capacity addition for Optical Fiber Cables by FY29.
- Investment of ~₹3,000 crores, financed by internal accruals/debt.
- Aims to cater to anticipated growth in demand globally.
Business Update
Positive
2026-09-03 17:26
- Board approved a Capex of ~₹3,000 crores for approximately 50% capacity addition in optical fiber cables by FY29. The expansion, to be financed by internal accruals and/or debt, aims to meet anticipated global demand.
Business Update
Positive
2026-09-02 16:08
- Crisil upgraded the long-term credit rating from 'Crisil AA-/Stable' to 'Crisil AA/Stable'.
- Short-term ratings were reaffirmed at 'Crisil A1+'.
- Bank Loan Facilities amount was reduced from Rs. 4045 Crore to Rs. 3564 Crore.
Business Update
Positive
2026-09-02 15:57
- Crisil has upgraded the long-term credit rating for Sterlite Technologies Limited from 'Crisil AA-/Stable' to 'Crisil AA/Stable'.
- Short-term ratings, including Commercial Paper (A1+), have been reaffirmed.
- Bank Loan Facilities amount was reduced from ₹4045 Cr to ₹3564 Cr.
Business Update
Neutral
2026-09-01 19:16
- Sterlite Technologies Limited received an ESG Rating of 59 from Crisil ESG Ratings & Analytics Ltd. on August 31, 2026.
- This independent rating reflects the company's performance on Environmental, Social, and Governance parameters.
Business Update
Neutral
2026-09-01 19:11
- Sterlite Technologies received an ESG Rating of 59 from Crisil ESG Ratings & Analytics Ltd. on August 31, 2026.
- The rating reflects the company's performance on Environmental, Social, and Governance parameters.
- Crisil independently prepared the report based on public domain data.
Business Update
Neutral
2026-08-31 19:45
- Concall Schedule
- Concall Date: Thursday, September 3, 2026
- Concall Time: 04.00 pm (IST)
Business Update
Neutral
2026-08-31 19:40
- Concall Schedule
- Concall Date: Thursday, September 3, 2026
- Concall Time: 04:00 pm (IST)
Business Update
Positive
2026-08-31 18:18
- Clarification regarding a Long Term Supply Agreement with a Leading hyperscaler, previously intimated on August 29, 2026.
- The agreement was executed by a wholly-owned subsidiary of Sterlite Technologies Limited, not the Company directly.
- All other details provided in the original intimation remain unchanged.
Business Update
Neutral
2026-08-31 18:15
- Clarification regarding a Long Term Supply Agreement previously intimated on August 29, 2026.
- The agreement was executed by a wholly-owned subsidiary, not Sterlite Technologies Limited directly.
- All other details of the original intimation remain unchanged.
Business Update
Positive
2026-08-29 20:17
- Order Win: Sterlite Technologies Limited signed a long term contract with a Leading hyperscaler
- Order Value: Approximately USD 288 Million
- Completion Timeline: Three calendar years (CY27 to CY29), extendable by two years
Business Update
Positive
2026-08-29 20:16
- Order Win: Sterlite Technologies Limited won a long-term contract from a Leading hyperscaler.
- Order Value: Approximately USD 288 Million (approx. ₹2390 Cr).
- Completion Timeline: Three calendar years (CY27 to CY29), extendable by two years.
- Details: Supply of high-density optical fibre cable products with a reciprocal risk-sharing framework.
Business Update
Positive
2026-08-27 17:04
- Sterlite Technologies (STL) announced significant progress towards decarbonisation and Net-Zero ambitions.
- Transitioned key Indian manufacturing facilities to 100% 'Green Power', achieving ~65% market-based scope 2 emission reduction.
- Integrated 100% Green Hydrogen in glass manufacturing operations.
- Reduced G.657.A2 optical fibre carbon footprint by 80% (from 4.7 kg CO₂e/fkm to 0.9 kg CO₂e/fkm).
Routine
Neutral
2026-08-27 16:58
New Filing detected. See link for details.
Ownership
Positive
2026-08-22 10:43
- Motilal Oswal Mutual Fund schemes acquired 332,029 shares (0.0647%) of Sterlite Technologies Limited on July 19, 2026, via market transactions.
- Post-acquisition, their total holding in Sterlite Technologies Limited stands at 3,93,70,152 shares, representing 7.6611% of the voting capital.
Business Update
Positive
2026-08-21 11:59
- High Court partly allowed STL's writ petition against Andhra Pradesh regarding a Smart City Solutions contract. Any contingent gain/benefit now pertains to the demerged STL Networks Limited, effective March 31, 2025.
Business Update
Neutral
2026-08-21 11:50
- The Hon'ble High Court of Andhra Pradesh partly allowed Sterlite Technologies Limited's (STL) writ petition against the State of Andhra Pradesh and Kakinada Smart City Corporation Limited regarding a smart city solutions contract.
- The Global Services Business, to which this legal matter pertains, was demerged into STL Networks Limited effective March 31, 2025.
- Any contingent gain/benefit from this matter pertains to STL Networks Limited.
Governance
Neutral
2026-08-19 17:30
- The 27th Annual General Meeting (AGM) of Sterlite Technologies Limited was held on Wednesday, August 19, 2026, through Video Conferencing/Other Audio Visual Means.
- All ordinary and special business resolutions proposed at the AGM, including the adoption of financial statements for FY 2025-26, re-appointment of directors, and approval of remuneration, were passed with the requisite majority.
- The Scrutinizer's Report confirmed that 492 members cast votes, representing 33,42,01,177 shares.
Governance
Neutral
2026-08-19 17:23
- Sterlite Technologies Limited's 27th AGM was held on August 19, 2026.
- All proposed resolutions, including adoption of FY26 financial statements, re-appointment of directors (Mr. Venkatesh Murthy & Mr. Ankit Agarwal), and remuneration approvals, were passed with requisite majority.
Business Update
Positive
2026-08-15 19:06
- Sterlite Technologies Ltd. (STL) provided an update on pending litigation concerning a demand notice of INR 8.56 Crores from the Department of Telecommunications (DoT) issued on 24.08.2020 for alleged IP-I Registration violations.
- The company secured a favorable Arbitral Award on 17.05.2023, quashing DoT's demand entirely.
- The Delhi High Court dismissed DoT's subsequent challenge, upholding the Arbitral Award in STL's favor with zero financial or operational exposure.
Business Update
Positive
2026-08-15 19:01
- Sterlite Technologies Limited (STL) received a favorable High Court ruling on August 15, 2026.
- The Hon'ble High Court of Delhi dismissed the Department of Telecommunications (DoT)'s petition, upholding an Arbitral Award that had quashed a demand notice of INR 8.56 Crores against STL.
- The original demand from DoT was for alleged violation of IP-I Registration terms, and the current ruling results in zero financial or operational exposure for STL.
Business Update
Neutral
2026-08-05 20:39
- Concall Schedule (Investor/Analyst Meetings)
- Dates: August 11, 12, 13, 2026
- Events: Nuvama India Conference 2026 and Citi's 2026 India Industrials Access Day
- Locations: Singapore and Hongkong
Business Update
Neutral
2026-08-05 20:31
- Investor/Analyst Meetings Schedule
- Management to participate in Nuvama India Conference 2026 on August 11, 2026 (Singapore).
- Also participating in Citi's 2026 India Industrials Access Day on August 12, 2026 (Singapore) and August 13, 2026 (Hongkong).
- Discussions will cover general business updates and industry.
Business Update
Positive
2026-08-05 19:26
- Order Win: Sterlite Technologies Limited won a long-term supply agreement for high-density optical fiber cable from a leading international telecom infrastructure company
- Order Value: Approximately USD 210 Million
- Completion Timeline: Three calendar years; CY27-29
Business Update
Positive
2026-08-05 19:24
- Order Win: Sterlite Technologies Limited won an international order from a Leading telecom infrastructure company
- Order Value: Approximately USD 210 Million
- Completition Timeline: Three calendar years (CY27-29) for a long-term supply agreement of high-density optical fiber cable.
Business Update
Positive
2026-08-01 22:53
- Order Win: Sterlite Technologies Limited received an order from a Domestic Telecom Operator
- Order Value: Approximately ₹960 Cr.
- Completition Timeline: FY28 and FY29 (initial 2 years), further extendable by another 2 years on mutual agreement.
- Other Details: Multi-year Supply Agreement for optical fibre cables.
Business Update
Positive
2026-08-01 22:49
- Order Win: Sterlite Technologies Limited (STL) won an order from a Domestic Telecom Operator.
- Order Value: Approximately ₹960 Cr.
- Completion Timeline: Initial 2 years (FY28 and FY29), extendable by another 2 years on mutual agreement. The order is for the supply of optical fibre cables.
Business Update
Positive
2026-07-28 19:06
- Q1 FY27 witnessed record performance with Revenue at INR1,910 Cr (▲87% YoY), EBITDA at INR397 Cr (▲184% YoY), and PAT at INR197 Cr (▲3.5x YoY).
- EBITDA margin guidance revised upward to 23% (from previous 20% by FY27 end), driven by improving capacity utilization and product mix.
- Data Center & Enterprise segment expected to scale to 50% of FY27 revenues (up from 30% guidance).
- Secured record open order book of INR18,618 Cr, with INR2,228 Cr for Q2 FY27 execution and the remainder for Q3 FY27 onwards.
- Net debt-free status achieved with a net cash balance of INR483 Cr; company expects to remain net debt-free for FY27.
- Planned Capex of INR500 Cr per year for the next 3 years (total INR1,500 Cr) for upgrades and debottlenecking.
- Attach rate for optical connectivity targeted to increase to over 20% next quarter and 25% by FY27 end.
- Resolved European patent dispute with Fujikura, removing legal uncertainty.
- CRISIL revised rating outlook to stable, ICRA upgraded rating to AA Stable.
Business Update
Positive
2026-07-28 18:23
- Management reported highest ever Q1 FY27 performance across revenue, EBITDA, and PAT.
- EBITDA margin guidance revised upward to 23% for FY27 (from previous 20%).
- Order book at a record high of INR18,618 crores, including a multi-year $1.1 billion deal with a global hyperscaler secured in Q1 alone.
- Achieved net debt-free status with a net cash balance of INR483 crores; credit rating upgraded to AA Stable by ICRA.
- Data Center and Enterprise segment expected to scale up to 50% of revenues in the current fiscal (up from 1% in FY26).
- Optical connectivity attach rates targeted to increase to over 20% next quarter and 25% by FY end.
- Planned Capex of INR500 crores annually for the next 3 years (total INR1,500 crores) for upgrades and debottlenecking.
- Outlook remains positive due to strong multi-year tailwinds from FTTx, Data Centers, and 5G/6G networks, particularly in North America and APAC.
Business Update
Neutral
2026-07-25 14:47
- Audio recording of the Q1 FY27 earnings call held on July 24, 2026, is now available.
- The recording can be accessed on the company's website at https://stl.tech/download/ under the 'FINANCIAL RESULTS – QUARTER 1 – INVESTOR EARNINGS CALL RECORDING' tab.
Business Update
Neutral
2026-07-25 14:42
- Audio recording of Q1 FY27 Earnings Call now available for Sterlite Technologies Limited.
- The earnings call was held on July 24, 2026.
- Recording can be accessed on the company's website at https://stl.tech/download/.
Governance
Negative
2026-07-24 23:08
CRITICAL RED FLAG DETECTED
- The 27th AGM will be held on August 19, 2026, at 9:30 a.m. (IST) via VC.
- E-voting: August 16-18, 2026.
- Resolutions include re-appointment and remuneration for MD Mr. Ankit Agarwal, despite inadequate FY2026 profits.
- S Madhavan and Kumud Srinivasan ceased as Independent Directors.
Governance
Neutral
2026-07-24 22:54
- Sterlite Technologies Limited will hold its 27th Annual General Meeting (AGM) on Wednesday, August 19, 2026, at 9:30 a.m. (IST) via Video Conferencing.
- The e-voting period is from August 16, 2026, to August 18, 2026.
- Key agenda items include the adoption of FY2026 financial statements, re-appointment of Mr. Venkatesh Murthy and Mr. Ankit Agarwal as Managing Director for 5 years (October 8, 2026, to October 7, 2031), and approval of director remunerations for FY2025-26.
Governance
Neutral
2026-07-24 22:51
- Submitted Annual Report for FY 2025-26 and Notice of 27th Annual General Meeting (AGM).
- The AGM is scheduled for Wednesday, August 19, 2026, at 9:30 a.m. (IST) via Video Conferencing.
Financials
Positive
2026-07-24 14:47
- Consolidated Revenue ₹1,910 Cr vs ₹1,019 Cr (▲87.4% YoY)
- EBITDA ₹397 Cr vs ₹140 Cr (▲183.6% YoY)
- PAT ₹197 Cr vs ₹10 Cr (▲1870% YoY)
- EBITDA Margin 20.8% vs 13.7% (▲710 bps)
- Achieved 'net debt-free' balance sheet and reported a record order book of INR 18,618 Cr.
- Secured a multi-year contract worth US$ 1.11 billion (₹10,000+ Cr) from a hyperscaler.
- CRISIL revised its rating outlook to 'Stable', while ICRA upgraded the Company's credit rating to 'AA (Stable)'.
Financials
Positive
2026-07-24 14:46
- Consolidated Revenue ₹1,910 Cr vs ₹1,019 Cr (▲87% YoY)
- EBITDA ₹397 Cr vs ₹140 Cr (▲184% YoY)
- PAT ₹197 Cr vs ₹10 Cr (▲1870% YoY)
- EBITDA Margin 20.8% vs 13.7% (▲710bps)
- Achieved 'net debt-free' balance sheet following a Qualified Institutions Placement (QIP) of ₹1,500 Cr.
- Reported a record open order book of ₹18,618 Cr.
- Credit rating upgraded to 'AA (Stable)' by ICRA and outlook revised to 'Stable' by CRISIL.
- Secured a multi-year contract worth US$ 1.11 billion (₹10,000+ Cr) to supply optical connectivity products for next-generation AI data centers.
- Won multiple hyperscaler orders worth $100 Mn+ for the Neuralis portfolio.
- Won a decisive patent dispute in Europe.
Financials
Positive
2026-07-24 14:43
- Consolidated Revenue ₹1910 Cr vs ₹1019 Cr (▲87.4% YoY)
- EBITDA ₹397 Cr vs ₹140 Cr (▲183.6% YoY)
- PAT ₹197 Cr vs ₹10 Cr (▲1870% YoY)
- EBITDA Margin 20.8% vs 13.7% (▲710bps)
- Achieved net debt-free balance sheet with a record order book of ₹18,618 Cr.
- Secured a multi-year contract worth US$ 1.11 billion (~₹10,000 Cr) and multiple hyperscaler orders worth $100 Mn+.
- ICRA upgraded credit rating to 'AA (Stable)' and CRISIL revised outlook to 'Stable'.
Ownership
Positive
2026-07-24 12:13
- Sterlite Technologies Limited granted 17,94,800 stock options to eligible employees on July 24, 2026.
- Exercise price is ₹2/- per option.
- Options vest over 3 years, exercisable within 5 years from vesting.
Ownership
Positive
2026-07-24 12:13
- Sterlite Technologies Limited granted 17,94,800 stock options to eligible employees under ESOP 2016 on July 24, 2026.
- The exercise price is Rs. 2/- per option, vesting over 3 years, and exercisable within 5 years from vesting.
Governance
Negative
2026-07-21 19:44
- 27th Annual General Meeting (AGM) to be held on August 19, 2026, at 09:30 AM (IST) via VC/OAVM.
- Cut-off date for e-voting is August 12, 2026.
- Board of Directors has not recommended any dividend for the Financial Year ended March 31, 2026.
Governance
Negative
2026-07-21 19:25
- The 27th Annual General Meeting (AGM) will be held on Wednesday, August 19, 2026, at 09:30 A.M. (IST) via Video Conferencing/OAVM.
- The cut-off date for determining e-voting entitlement is Wednesday, August 12, 2026.
- The Board has not recommended any dividend for the financial year ended March 31, 2026.
Business Update
Positive
2026-07-17 17:37
- STL's US subsidiary, STL Optical Connectivity NA, LLC, launched its new advanced FTTH solution, CONCAT, in the US.
- The solution successfully completed field trials with one of the largest telecom service providers in the United States.
- CONCAT enables up to 71% in labor cost savings and faster fiber rollouts, expanding STL's optical connectivity portfolio.
Business Update
Positive
2026-07-17 17:30
- STL's US subsidiary, STL Optical Connectivity NA, LLC, launched CONCAT, a new advanced FTTH solution, after successful field trials.
- This expands STL's optical connectivity portfolio in the US, enabling up to 71% labor cost savings and faster fiber rollouts.
Business Update
Neutral
2026-07-16 19:41
- Concall Schedule
- Concall Date: Friday, July 24, 2026
- Concall Time: 4.00 pm IST
Business Update
Neutral
2026-07-16 19:24
- Concall Schedule
- Concall Date: July 24, 2026
- Concall Time: 04.00 pm IST
Financials
Neutral
2026-07-16 19:10
- Board Meeting on July 24, 2026, to consider Unaudited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2026.
- Trading window for company shares is closed from July 01, 2026, to July 26, 2026.
Routine
Neutral
2026-07-10 19:30
New Filing detected. See link for details.
Routine
Neutral
2026-07-10 19:26
New Filing detected. See link for details.
Routine
Neutral
2026-07-10 17:56
New Filing detected. See link for details.
Routine
Neutral
2026-07-10 17:49
New Filing detected. See link for details.
Ownership
Positive
2026-07-08 17:45
- Motilal Oswal Mutual Fund schemes acquired additional shares of Sterlite Technologies Limited on July 1, 2026.
- This acquisition, through market transactions, increased their total holding from 4.7534% to 5.7196% (2,79,19,202 shares).
- The disclosure is made under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeover) Regulation, 2011.
Routine
Neutral
2026-07-07 18:41
New Filing detected. See link for details.
Business Update
Positive
2026-07-07 18:18
- Sterlite Technologies Limited (STL) received a credit rating upgrade from ICRA.
- Long-term instruments rating upgraded from AA- (Stable) to AA (Stable).
- Short-term instruments rating reaffirmed at [ICRA]A1+.
Business Update
Positive
2026-07-03 19:10
- Sterlite Technologies Limited received a favorable update on pending litigation against Fujikura LTD and Fujikura Europe Limited.
- Fujikura's patent EP3796060, central to UK patent infringement litigation concerning Sterlite's Celesta cable family, has been revoked in its entirety by the Technical Board of Appeal.
- This non-appealable decision effectively brings a formal end to the UK patent litigation.
- The Company is actively pursuing the recovery of legal defence costs from Fujikura.
Business Update
Positive
2026-07-03 19:07
- Update on pending litigation against Fujikura LTD and Fujikura Europe Limited regarding patent EP3796060.
- The patent has been revoked in its entirety by the Technical Board of Appeal, effectively ending the UK patent litigation concerning Sterlite's Celesta cable family.
- The Company is pursuing the recovery of legal defense costs from Fujikura.
Business Update
Positive
2026-07-02 19:02
- Sterlite Technologies Limited (STL) raised INR 1500 Cr through a Qualified Institutions Placement (QIP) by allotting 2.57 crore equity shares.
- The funds will be primarily utilized to de-leverage the balance sheet and fund the next phase of growth.
Business Update
Positive
2026-07-02 18:58
- Sterlite Technologies Limited (STL) raised INR 1500 Cr through a Qualified Institutions Placement (QIP) on July 02, 2026.
- The company allotted 2.57 crore equity shares to qualified institutional buyers.
- The funds will be utilized to de-leverage the balance sheet and fund future growth.
Ownership
Positive
2026-07-01 11:46
- Sterlite Technologies Limited successfully raised ₹1500 Crores through a Qualified Institutions Placement (QIP).
- The company allotted 2,57,28,500 equity shares to eligible qualified institutional buyers at an issue price of ₹583.01 per share.
- The issue, which opened on June 24, 2026, and closed on June 30, 2026, resulted in an increase of the company's paid-up equity share capital.
Ownership
Positive
2026-07-01 11:32
- Sterlite Technologies Limited allotted 2,57,28,500 Equity Shares to Qualified Institutional Buyers (QIBs) at an issue price of ₹583.01 per share. - This Qualified Institutional Placement (QIP) raised ₹1500 Crores, increasing the company's paid-up equity share capital from ₹976.33 Cr to ₹1,027.79 Cr.
Ownership
Positive
2026-07-01 00:03
- Sterlite Technologies Limited announced the closure of its Qualified Institutional Placement (QIP) on June 30, 2026.
- The company allocated 2,57,28,500 Equity Shares to eligible Qualified Institutional Buyers (QIBs).
- The issue price was ₹583.01 per Equity Share, representing a 5% discount to the floor price.
Ownership
Positive
2026-07-01 00:01
- Sterlite Technologies Limited closed its Qualified Institutions Placement (QIP) on June 30, 2026.
- 2,57,28,500 Equity Shares were allocated at an issue price of ₹583.01 per share.
- This issue price includes a premium of ₹581.01 and represents a 5% discount to the floor price of ₹613.69.
Governance
Neutral
2026-06-29 14:59
- Trading window for Designated Persons and their relatives will remain closed from July 1, 2026.
- The window will reopen 48 hours after the declaration of unaudited financial results for the quarter ended June 30, 2026.
- The date of the Board meeting for approving these results will be announced later.
Routine
Neutral
2026-06-29 14:38
- Trading window closed for Designated Persons and their relatives from July 1, 2026, until 48 hours after the declaration of unaudited financial results for the quarter ended June 30, 2026.
- The date of the Board meeting to consider these results will be announced in due course.
Ownership
Neutral
2026-06-25 08:44
- Bandhan Mutual Fund, through its schemes, sold 18,15,000 equity shares of Sterlite Technologies Limited on June 04, 2026.
- Following this disposal, Bandhan Mutual Fund's holding in Sterlite Technologies Limited decreased from 5.2728% to 3.0252%.