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Sterlite Technologies Ltd

STLTECH

Sterlite Technologies Ltd

STLTECH
Communication ServicesTelecom Equipments
SmallcapWith a market cap of ₹6,099 cr, stock is ranked 712
High RiskStock is 3.18x as volatile as Nifty
118.823.56% (-4.38)
118.823.56% (-4.38)

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Communication ServicesTelecom Equipments
SmallcapWith a market cap of ₹6,099 cr, stock is ranked 712
High RiskStock is 3.18x as volatile as Nifty
Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is not in the overbought zone

Red flags

Avg

The stock has a moderate number of red flags

How to use scorecard? Learn more

Communication ServicesTelecom Equipments
SmallcapWith a market cap of ₹6,099 cr, stock is ranked 712
High RiskStock is 3.18x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
-39.873.02—
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
-161.1114.620.35%

Forecast & Ratings

Detailed Forecast 
50%
Analysts have suggested that investors can buy this stock

from 2 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Sterlite Technologies Limited is primarily engaged in the business of telecom products and solutions.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Lower than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 1.59%, vs industry avg of 3.9%

Decreasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 32.96% to 28.4%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue2,154.642,469.473,216.385,124.125,188.704,883.015,517.006,970.005,546.005,229.00
Raw Materialssubtract972.591,105.791,255.142,621.902,369.862,534.833,089.003,165.002,487.004,743.00
Power & Fuel Costsubtract82.9096.3798.98121.97139.18142.43142.00203.00168.00
Employee Costsubtract205.10298.55344.72511.23629.80647.42661.00912.00952.00
Selling & Administrative Expensessubtract145.38200.42247.39311.55319.57300.39565.00935.00745.00
Operating & Other expensessubtract278.85228.81486.83401.05685.65393.05417.00924.00556.00
Depreciation/Amortizationsubtract125.60159.23182.21194.98290.28285.26308.00309.00335.00336.00
Interest & Other Itemssubtract119.24122.93103.83105.49221.04203.00238.00311.00369.00348.00
Taxes & Other Itemssubtract71.2755.99162.95293.2099.42101.1637.0070.00-15.00-45.00
EPS3.134.538.3714.0110.766.881.513.54-1.28-3.83
DPS0.801.252.003.503.502.000.501.000.001.00
Payout ratio0.260.280.240.250.330.290.330.280.00-0.26

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2017

Annual Report Unavailable

Investor Presentation

Apr 27PDF
FY 2018

Annual Report Unavailable

FY 2019

Annual Report Unavailable

FY 2020

Annual report

PDF

Investor Presentation

May 19PDF
FY 2021

Annual report

PDF

Investor Presentation

Nov 2PDF
 

Peers & Comparison

Comparing 3 stocks from 
Communication ServicesTelecom Equipments

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Sterlite Technologies Ltd-119.603.02—
ITI Ltd-42.1210.09—
Tejas Networks Ltd323.536.47—
HFCL Ltd61.135.04—

Price Comparison

Compare STLTECH with any stock or ETF
Compare STLTECH with any stock or ETF
STLTECH
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Shareholdings

Promoter Holdings Trend

Decreased Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has decreased by 9.81%

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Decreased Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has decreased by 3.30%

Increased Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has increased by 2.75%

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding44.18%8.49%3.25%7.77%36.31%

Dec 2023

Mar 2024

Apr 2024

Jun 2024

Shareholding History

JunSepDec '23MarAprJun7.16%5.45%4.75%5.02%9.97%7.77%

Mutual Funds Holding Trend

Increased Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has increased by 8.39%

Top 5 Mutual Funds holding Sterlite Technologies Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
HDFC Capital Builder Value Fund - Growth - Direct Plan

Growth
1.7358%1.34%-0.23%53/98 (-1)
Nippon India Small Cap Fund - Growth - Direct Plan

Growth
1.4658%0.15%-0.18%150/238 (-68)
HDFC Dividend Yield Fund - Growth - Direct Plan

Growth
1.0415%1.00%-0.23%29/115 (-3)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

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smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No dividend trend available

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateAug 8, 2023

Final
Final | Div/Share: ₹1.00

Dividend/Share

₹1.00

Ex DateEx Date

Aug 8, 2023

Cash Dividend

Ex DateEx DateAug 22, 2022

Final
Final | Div/Share: ₹0.50

Dividend/Share

₹0.50

Ex DateEx Date

Aug 22, 2022

Cash Dividend

Ex DateEx DateAug 20, 2021

Final
Final | Div/Share: ₹2.00

Dividend/Share

₹2.00

Ex DateEx Date

Aug 20, 2021

Cash Dividend

Ex DateEx DateAug 27, 2020

Final
Final | Div/Share: ₹3.50

Dividend/Share

₹3.50

Ex DateEx Date

Aug 27, 2020

Cash Dividend

Ex DateEx DateJul 18, 2019

Final
Final | Div/Share: ₹3.50

Dividend/Share

₹3.50

Ex DateEx Date

Jul 18, 2019

News & Opinions
Corporate
Sterlite Technologies grants 9.50 lakh stock options

Sterlite Technologies has granted 950,294 stock options exercisable into equal number of fully paid-up equity shares of the Company, at an exercise price of Rs. 2/- per option. These stock options shall vest over a period of 4 years and shall be capable of being exercised within a period of five years from the date of vesting. Powered by Capital Market - Live

1 month agoCapital Market - Live

Sterlite Technologies reports consolidated net loss of Rs 48.00 crore in the June 2024 quarter

2 months agoBusiness Standard
Earnings
Sterlite Technologies reports consolidated net loss of Rs 48.00 crore in the June 2024 quarter

Net loss of Sterlite Technologies reported to Rs 48.00 crore in the quarter ended June 2024 as against net profit of Rs 54.00 crore during the previous quarter ended June 2023. Sales declined 19.97% to Rs 1218.00 crore in the quarter ended June 2024 as against Rs 1522.00 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales1218.001522.00 -20 OPM %6.9014.06 - PBDT22.00144.00 -85 PBT-60.0063.00 PL NP-48.0054.00 PL Powered by Capital Market - Live

2 months agoCapital Market - Live

Sterlite Technologies introduces optical connectivity portfolio for US market

2 months agoBusiness Standard
Corporate
Sterlite Technologies introduces optical connectivity portfolio for US market

Sterlite Technologies (STL) announced the expansion of its Optical Networking capability with the addition of its Optical Connectivity portfolio in the US market. This move marks a pivotal step in delivering robust, integrated optical capabilities tailored to the US customers for their FTTx needs. Armed with the ability to deliver both advanced optical fiber cable and optical connectivity products, the company aims to strategically serve its customer base of nearly 50 in the US region. STL's Optical Connectivity portfolio, designed with the ethos of a deep understanding of networking needs, ease of installation and future-readiness, will enable its customers to 'Connect with Confidence' and be at the leading edge of design excellence in deployments. With this integrated capability and a team of 200 STLers at its North American headquarters in South Carolina, STL is bringing its commitment to connect America to life. STL's Optical Connectivity products enhance fiber connectivity to the premise level with scalable, easy-to install solutions that accelerate deployment. Engineered with keeping customers in mind, they are tested for US customers and designed for easy installation, maintenance, and operation. These solutions are future ready and suitable to adapt to tomorrow's technological advancements. Some of these solutions include: ' OptoBlaze, Multiport Service Terminal, and OptoBolt pre-connectorized drop cables - already deployed by US providers like Lumos Networks and Archtop Fiber. They enhance network modularity, reduce installation time, and lower connection costs ' OptoPull - a pullable field-installed pre-connectorized drop cable ' OptoPod - a flexible multiport service terminal that is a pre-onnectorized plug-and-play solution tailored for fast and easy network connections in space-constrained environments ' OptoPed - a performance-enhancing distribution system with Optical Pedestals designed and tested to withstand the harshest environmental conditions. Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Sterlite Technologies to hold board meeting

Sterlite Technologies will hold a meeting of the Board of Directors of the Company on 30 July 2024.Powered by Capital Market - Live

2 months agoCapital Market - Live

Stocks To Watch: Prestige Estates, IREDA, HDFC Bank, Sterlite Technologies

3 months agoBloomberg Quint

Sterlite Tech CEO Paul Atkinson Sacked

4 months agoBloomberg Quint

Sterlite Technologies Raises Rs 1,000 Crore Via QIP

5 months agoBloomberg Quint
Key Stocks In Focus: Kesoram Industries, Fortis Healthcare, MapMyIndia, Sterlite Tech, Syrma SGS
10 months agoCNBC-TV18