Sterlite Technologies Ltd
STLTECHSterlite Technologies Ltd
STLTECHPrice Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is not in the overbought zone
Red flags
AvgThe stock has a moderate number of red flags
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
-28.72 | 2.85 | — |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
-154.22 | 14.61 | 0.37% |
Forecast & Ratings
Detailed Forecast from 2 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Sterlite Technologies Limited is primarily engaged in the business of telecom products and solutions.
Peers
Compare with peersÂTejas Networks Ltd
ITI Ltd
HFCL Ltd
Vindhya Telelinks Ltd
Birla Cable Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
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Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
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Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 2,154.64 | 2,469.47 | 3,216.38 | 5,124.12 | 5,188.70 | 4,883.01 | 5,517.00 | 6,970.00 | 5,546.00 | 5,143.00 | ||||||||||
Raw Materials | 972.59 | 1,105.79 | 1,255.14 | 2,621.90 | 2,369.86 | 2,534.83 | 3,089.00 | 3,165.00 | 2,487.00 | 4,731.00 | ||||||||||
Power & Fuel Cost | 82.90 | 96.37 | 98.98 | 121.97 | 139.18 | 142.43 | 142.00 | 203.00 | 168.00 | |||||||||||
Employee Cost | 205.10 | 298.55 | 344.72 | 511.23 | 629.80 | 647.42 | 661.00 | 912.00 | 952.00 | |||||||||||
Selling & Administrative Expenses | 145.38 | 200.42 | 247.39 | 311.55 | 319.57 | 300.39 | 565.00 | 935.00 | 745.00 | |||||||||||
Operating & Other expenses | 278.85 | 228.81 | 486.83 | 401.05 | 685.65 | 393.05 | 417.00 | 924.00 | 556.00 | |||||||||||
EBITDA | 469.82 | 539.53 | 783.32 | 1,156.42 | 1,044.64 | 864.89 | 643.00 | 831.00 | 638.00 | 412.00 | ||||||||||
Depreciation/Amortization | 125.60 | 159.23 | 182.21 | 194.98 | 290.28 | 285.26 | 308.00 | 309.00 | 335.00 | 334.00 | ||||||||||
PBIT | 344.22 | 380.30 | 601.11 | 961.44 | 754.36 | 579.63 | 335.00 | 522.00 | 303.00 | 78.00 | ||||||||||
Interest & Other Items | 119.24 | 122.93 | 103.83 | 105.49 | 221.04 | 203.00 | 238.00 | 311.00 | 369.00 | 337.00 | ||||||||||
PBT | 224.98 | 257.37 | 497.28 | 855.95 | 533.32 | 376.63 | 97.00 | 211.00 | -66.00 | -259.00 | ||||||||||
Taxes & Other Items | 71.27 | 55.99 | 162.95 | 293.20 | 99.42 | 101.16 | 37.00 | 70.00 | -15.00 | -58.00 | ||||||||||
Net Income | 153.71 | 201.38 | 334.33 | 562.75 | 433.90 | 275.47 | 60.00 | 141.00 | -51.00 | -201.00 | ||||||||||
EPS | 3.13 | 4.53 | 8.37 | 14.01 | 10.76 | 6.88 | 1.51 | 3.54 | -1.28 | -5.04 | ||||||||||
DPS | 0.80 | 1.25 | 2.00 | 3.50 | 3.50 | 2.00 | 0.50 | 1.00 | 0.00 | 0.00 | ||||||||||
Payout ratio | 0.26 | 0.28 | 0.24 | 0.25 | 0.33 | 0.29 | 0.33 | 0.28 | 0.00 | 0.00 |
Company Updates
Investor Presentation
Annual report
PDFAnnual report
PDFAnnual report
PDFPeers & Comparison
Communication ServicesTelecom Equipments
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Sterlite Technologies Ltd | -113.20 | 2.85 | — |
Tejas Networks Ltd | 373.88 | 7.48 | — |
ITI Ltd | -38.23 | 12.19 | — |
HFCL Ltd | 53.19 | 4.39 | 0.16% |
Price Comparison
Compare STLTECH with any stock or ETFShareholdings
Promoter Holdings Trend
Decreased Total Promoter Holding
In last 6 months, promoter holding in the company has decreased by 9.81%
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Increased Total Retail Holding
In last 3 months, retail holding in the company has increased by 1.06%
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Mar 2024
Apr 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Decreased Mutual Fund Holding
In last 3 months, mutual fund holding of the company has decreased by 1.04%
Top 5 Mutual Funds holding Sterlite Technologies Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
HDFC Capital Builder Value Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.8340% | Percentage of the fund’s portfolio invested in the stock 1.34% | Change in the portfolio weight of the stock over the last 3 months -0.23% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 53/98 (-1) |
Nippon India Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.5807% | Percentage of the fund’s portfolio invested in the stock 0.15% | Change in the portfolio weight of the stock over the last 3 months -0.18% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 150/238 (-68) |
HDFC Dividend Yield Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.0693% | Percentage of the fund’s portfolio invested in the stock 1.00% | Change in the portfolio weight of the stock over the last 3 months -0.23% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 29/115 (-3) |
Compare 3-month MF holding change on Screener
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
Dividend/Share
₹1.00
Ex DateEx Date
Aug 8, 2023
Cash Dividend
Ex DateEx DateAug 22, 2022
Dividend/Share
₹0.50
Ex DateEx Date
Aug 22, 2022
Cash Dividend
Ex DateEx DateAug 20, 2021
Dividend/Share
₹2.00
Ex DateEx Date
Aug 20, 2021
Cash Dividend
Ex DateEx DateAug 27, 2020
Dividend/Share
₹3.50
Ex DateEx Date
Aug 27, 2020
Cash Dividend
Ex DateEx DateJul 18, 2019
Dividend/Share
₹3.50
Ex DateEx Date
Jul 18, 2019
Revenue increased by 16.01% sequentially to Rs 1,413 crore. EBITDA increased by 62.37% to Rs 151 crore in Q2 FY25 from Rs 93 crore in Q1 FY25. EBITDA margin was 10.7% in Q2 FY25 as against 7.7% in Q1 FY25. The company posted a pre-tax loss of Rs 16 crore in Q2 FY25. Pre-tax loss for Q1 FY25 was Rs 60 crore. Dynamically navigating the temporary demand softness, STL extensively focused on its key priorities of customer centricity, product innovation, and cost leadership. As a result, the company saw sales gaining momentum for the second consecutive quarter in both - Optical Fibre Cable (OFC) and Optical Connectivity (OC) portfolios. Combining its expertise in these two portfolios, STL co-developed solutions for its customers, reporting a 22% Optical Connectivity attach rate in the current quarter. STL also won its first BEAD order in the US and a large deal with Netomnia in the UK. Some other significant wins in H1 FY25 include Archtop Fiber in the US, Du Telecom in MEA, and Connexin in the UK. Ankit Agarwal, managing director, STL, said: 'As a company, we strongly believe in the power of persistent efforts and strong fundamentals. Our deep partnerships with customers, approach to building cable plus connectivity solutions, and conscientious efforts on costs have started to show in our performance. As demand returns to its normal course, we are fully geared up for long-term success.' Sterlite Technologies is a leading global optical and digital solutions company providing advanced offerings to build 5G, rural, FTTx, enterprise and data centre networks. Powered by Capital Market - Live
Net loss of Sterlite Technologies reported to Rs 14.00 crore in the quarter ended September 2024 as against net profit of Rs 34.00 crore during the previous quarter ended September 2023. Sales declined 5.42% to Rs 1413.00 crore in the quarter ended September 2024 as against Rs 1494.00 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1413.001494.00 -5 OPM %10.2614.26 - PBDT67.00123.00 -46 PBT-16.0038.00 PL NP-14.0034.00 PL Powered by Capital Market - Live
Sterlite Technologies announced that it has achieved a significant advancement in the cost and performance of Fibre Optic Sensing (FOS) technology. With this advancement, STL's FOS solution now embeds its advanced AI models in the Nvidia Jetson series modules offering superior performance, power and cost in fibre optic sensing. STL's platform is a field-proven AI/ML stack for FOS with several million training hours. It sets the benchmark for precision, recall and F1 scores for every challenging O&M requirement in cable infrastructure and physical site security. The AI-FOS solution will be a game changer for network monitoring and for securing assets, perimeters, and strategic infrastructure. Especially in the case of fibre cuts, the AI-based FOS solution can intelligently predict fibre cuts before they occur in diverse weather and site conditions and provide network infrastructure owners with a significant reduction in Operations and Maintenance costs. Commenting on this development, Badri Gomatam, Group CTO, R&D, STL, said: 'Embedding Nvidia Edge AI into this technology takes it to the next level. Our AI-FOS solution continuously monitors the condition of multiple fibre optic cable installations, providing high-precision fault geo-localization prior to an adverse event. Using Edge AI, we will now be able to offer benchmark performance and affordability for our valued customers.'Powered by Capital Market - Live
Sterlite Technologies (STL) debuted its revolutionary MultiCore Fibre (MCF) today at IMC 2024. STL's MCF suite consists of ultra-thin fibre with 7 and 4 cores (instead of one), along with Multicore Fibre Cables drawn from indigenously developed multicore preform technology. STL also showcased the power of this optical fibre innovation through a live 400G network transmission with real-time traffic simulation. This Make-In-India innovation is laying the groundwork for the scale-up of advanced technologies like quantum communications and silicon photonics. STL's Multicore fibre leverages Space Division Multiplexing in 7 and 4 core fibre to achieve ultra-high transmission capacity per fibre within the same diameter. This marquee fibre was deployed in the Advanced Optical Communications (AOC) Test Bed project last year to evaluate its transmission performance with advanced technologies in on-field conditions. This project is run in collaboration with DoT and IIT Chennai. India's top researchers and academicians hailed STL's work on the multicore fibre as a breakthrough for revolutionary technologies like Quantum Communications and Silicon Photonics. Powered by Capital Market - Live
Sterlite Technologies will hold a meeting of the Board of Directors of the Company on 30 October 2024.Powered by Capital Market - Live
Sterlite Technologies today marked its entry into the AI-led Data Centre segment with a full-fledged demonstration of its integrated Optical cable, connectivity and interconnect offerings at the India Mobile Congress 2024. The Honourable Telecom Minister, Jyotiraditya Scindia, inaugurated this Make-in-India AI-DC portfolio. As a homegrown, globally recognised Optical expert, STL has developed a sophisticated, integrated portfolio to cater to the unique cabling needs of GPU-dense data centres. Optical fibre cabling in AI data centres must deliver high bandwidth, low latency, and high density to meet the volume and complexity of AI workloads. 'The linkage between AI, Data Centres and Optical Fibre forms the holy trinity of future connectivity. We have been deeply involved in building a suite of products that fit right into the most dense connectivity environments ever created,' said Ankit Agarwal, Managing Director and CEO Optical Business, STL. He further added, 'We are excited to showcase our Make in India AI-DC portfolio to our customers and believe that this will serve as a one-stop solution for their data centre cabling needs.' STL's Intelligently Bonded Ribbon (IBR) cable technology is the engine behind fibre densification in AI data centres. STL was the second in the world and the first in India to offer mainstream high-density IBR optical products. The company's flagship AI-DC portfolio, designed for accelerated computing, is strongly anchored in its IBR optical cables and bolstered with a suite of data centre-specific connectivity products like connectors, patch-cords, fibre distribution and management systems, racks, cabinets, and servers. These products include: High-density Optical Fibre cables - Celesta Ribbon cable with its Intelligently Bonded Ribbon (IBR) technology in 250-micron and 200-micron fibre. These cables utilise high-performance G.657.A2 bendinsensitive/Stellar optical fibre and feature a Low Smoke and Zero Halogen (LSZH) flame-retardant (FR) jacket. The Celesta with 6912F enables high fibre packing density in ducts, resulting in a lower TCO High-density Connectivity solutions - for establishing end-to-end connectivity. These include floormount racks, high-density MPO panels that can accommodate up to 864 fibres in 2RU and 1728 fibres in 5RU, New Pivoting Tray Drawer (nPTD), high-density LC panels, patch panels and copper connectivity solutions. Powered by Capital Market - Live
Sterlite Technologies announced the cessation of Sandip Das (DIN: 00116303) as Independent Director of the company with effect from 15 October 2024 on completion of his second term. Powered by Capital Market - Live
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
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
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 1.59%, vs industry avg of 3.9%
Decreasing Market Share
Over the last 5 years, market share decreased from 32.96% to 28.4%