Sterlite Technologies Ltd Share Price

Cables - Telephone

NSE: STLTECH Small Cap ISIN: INE089C01029

As on 31 January 2025 at 14:09 IST

₹107.48

+ 1.70

(1.61%)

Sell Buy

About Sterlite Technologies Ltd

Sterlite Technologies Limited (STL) is an important telecommunications technology company from India. Founded in 1988, the organization has its headquarters in Pune, Maharashtra. STL focuses on developing critical components for digital networks. The company's main products include optical fibres, fibre-optic cables, data cables, network services, and software. These technologies support telecommunications and internet infrastructure worldwide. STL’s range of products and services has helped organizations create robust communication systems. The company might not be the top stock in its sector. However, it has established itself as a significant player in the telecommunications technology market. Read More...

Over 1 Month

-7.21%

Over 6 Months

-27.23%

Over 1 Year

-24.55%

Over 3 Years

-48.10%

Sterlite Technologies Ltd Summary

Close ₹ 107.48

Open ₹ 105.70

High ₹ 108.84

Low ₹ 104.81

Volume 4,61,640

Net Turnover (in ₹ Cr) ₹ 6.25

52Wk High ₹ 155.05

52Wk Low ₹ 98.40

52Wk High / Low

98.40

155.05

Sterlite Technologies Ltd Fundamentals

Key Financial Data

Market Cap (in ₹Cr) ₹ 5,160.43

EPS (TTM) -

Book Value (BV) 53.82

Div. Yield -

P/E (TTM) -26.43

Price/Book Value 1.96

Delivery % 41.11 %

Face Value 2

Key Ratios

PE Ratio -

PB Ratio 2.57

EV to Sales 1.66

PEG Ratio -

ROA -3.07

ROE -7.32

Debt-Equity 1.51

Net Profit Margin -3.34

Operating Profit Margin 7.52

Sterlite Technologies Ltd Financials

Profit and Loss

Consolidated

Standalone

Yearly

Quarterly

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	5,535	6,966	5,495	4,868.15	5,188.70
Total Expenses	5,612	6,655	5,318	4,502.79	4,596.39
Profit Before Tax	-73	315	199	380.22	541.60
Profit After Tax	-64	231	147	268.95	432.72
Operating Profit after Depreciation	292	622	415	568.36	813.35

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	3,209	3,246	3,351	3,174.01	3,059.59
Total Non Current Assets	3,688	3,659	3,778	3,604.60	3,428.82
Total Current Assets	4,643	5,206	4,981	4,468.01	3,780.18
TOTAL ASSETS	8,331	8,865	8,759	8,072.61	7,209
Total Shareholder's Fund	2,023	2,091	1,955	1,987.39	1,919.78

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	791	228	584	638.48	696.42
Net Cash used in Investing Activities	-211	-56	-481	-615.29	-624.05
Net Cash used in Financing Activities	-691	-132	115	23.20	-67.90

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	4,125	5,531	4,914	4,199.68	4,793.44
Total Expenses	4,314	5,098	4,679	3,833.99	4,200.52
Profit Before Tax	-189	433	288	365.69	542.21
Profit After Tax	-143	335	215	261.41	433.52
Operating Profit after Depreciation	105	713	451	555.40	797.38

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	1,848	1,967	2,149	2,203.61	2,261.60
Total Non Current Assets	2,879	2,905	3,012	2,911.70	2,828.29
Total Current Assets	4,117	4,723	4,404	3,824.17	3,267.82
TOTAL ASSETS	6,996	7,628	7,416	6,735.87	6,096.11
Total Shareholder's Fund	1,721	1,884	1,843	1,826.36	1,809.57

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	959	-194	393	468.09	590.97
Net Cash used in Investing Activities	-116	-13	-296	-434.06	-517.17
Net Cash used in Financing Activities	-797	70	102	-34.42	-55.70

Particulars (in ₹ Cr.)	2024-12	2024-09	2024-06	2024-03	2023-12
Total Revenue	1,261	1,413	1,218	1,140	1,322
Total Expenses	1,134	1,269	1,135	1,087	1,240
Profit Before Tax	-35	-17	-61	-105	-76
Profit After Tax	-24	-14	-48	-82	-59
Operating Profit after Depreciation	132	150	92	68	102

Particulars (in ₹ Cr.)	2024-12	2024-09	2024-06	2024-03	2023-12
Total Revenue	843	870	836	795	867
Total Expenses	802	812	852	864	894
Profit Before Tax	-34	-11	-75	-131	-104
Profit After Tax	-26	-9	-57	-103	-75
Operating Profit after Depreciation	74	98	25	-12	17

Sterlite Technologies Ltd Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3

S1 104.34

S2 102.90

S3 101.64

Pivot 105.60

R1 107.04

R2 108.30

R3 109.74

Moving Average

20 SMA 108.43

50 SMA 114.49

100 SMA 118.56

200 SMA 126.62

Sterlite Technologies Ltd Corporate Actions

Dividend

Bonus

Splits

Rights

AGM

EGM

No available data

AGM Date: 26 Aug 2022

AGM 26/08/2022 This is to inform that the 23rd AGM of the Company will be held on Friday, August 26, 2022 at 9.00 A.M. (IST) through Video Conferencing ('VC') / Other Audio Visual Means ('OAVM') in compliance with the applicable provisions of the Companies Act, 2013, rules framed thereunder and the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 ('Listing Regulations') read with Circulars issued by the Ministry of Corporate Affairs and Securities and Exchange Board of India from time to time. Pursuant to Regulation 42 of the Listing Regulations, we wish to inform you that the Register of Members and the Share Transfer Books of the Company will remain closed from Wednesday, August 24, 2022 to Friday, August 26, 2022. The cut-off date for E-voting is Friday, August 19, 2022. Kindly take this on record and acknowledge the same. (As Per BSE Announcement Dated on 22.07.2022) Pursuant to Regulation 47 and Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we submit herewith a copy of newspaper advertisements published for the shareholders of the Company, in Business Standard (English) and Loksatta (Marathi), informing, inter alia, that: a) 23rd Annual General Meeting (AGM) is scheduled to be held on Friday, August 26, 2022 at 9:00 am IST through Video Conferencing/Other Audio-Visual Means without physical presence of members at common venue; b) E-voting; and c) Book Closure information. The aforesaid advertisements will also be hosted on the website of the Company at www.stl.tech Kindly take the same on record. (As Per BSE Announcement Dated on 30/07/2022) Summary of proceedings of the 23rd Annual General Meeting held on August 26, 2022. The Annual General Meeting of the Company was held today i.e. Friday, August 26, 2022 at 9.00 a.m. IST through Video Conferencing/ Other Audio Visual Means. We enclose herewith the voting results as per Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, along with the Scrutinizers' Report thereon. Kindly take this on your record and acknowledge the same. (As Per BSE Announcement Dated on 26.08.2022) Sterlite Technologies Ltd has informed BSE regarding the details of Voting results of AGM, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. Kindly Click here (As Per BSE Announcement Dated 29.08.2022)

AGM Date: 11 Aug 2023

This is to inform you that 24th Annual General Meeting of the Company will be held on Friday, August 11, 2023 at 9.00 A.M. IST through video conferencing/other audio visual means. The notice convening AGM and Annual Report for FY23 will be sent in due course. This is to inform that Register of Members and share transfer books will remain closed from Wednesday August 09, 2023 to Friday, August 11, 2023 for the purpose of 24th AGM and Dividend payment Pursuant to Regulation 47 and Regulation 30 of the Listing Regulations, we submit herewith a copy of newspaper advertisments published for the shareholders of the Company, in Business Standard (English) and Lokmanthan (Marathi). (As Per BSE Announcement Dated on 18.07.2023) We hereby submit summary of proceedings of the 24th Annual General Meeting of the Company held today i.e 11th August 2023 at 9 AM IST through Video Conferencing/Other audio visual means. We enclose herewith the Voting results as per Regulation 44 of the Listing Regulations, along with the Scrutinizer''s Report thereon. Board has today approved appointment of MR. Venkatesh Murthy, as Director- Operations effective 11 August, 2023 , subject to approval of shareholders. Other details are enclosed. (As Per BSE Announcement Dated on 11.08.2023)

AGM Date: 29 Jul 2024

This is to inform that 25th Annual General Meeting of the Company is scheduled to be held on July 29, 2024 at 9.00 AM IST through video conferencing. Other details of the same are enclosed herewith. Please find attached notice of the 25th AGM scheduled on July 29, 2024 (As Per BSE Announcement dated on 05.07.2024) Please find enclosed Scrutinizer''s report along with Voting results for the Annual General Meeting (AGM) held today i. e July 29, 2024. Please find enclosed the outcome of Annual General Meeting (AGM) consisting of proceedings of the meeting, Scrutinizer''s report and voting results held today i.e July 29, 2024. (As Per BSE Announcement Dated on: 29/07/2024)

Sterlite Technologies Ltd Peer Comparison

Company	Price	Market Cap (in ₹ Cr)
Sterlite Technologies Ltd	₹105.70	₹5,156.53
Polycab India Ltd	₹5,788.65	₹87,073.11
KEI Industries Ltd	₹3,968.50	₹37,920.05
Finolex Cables Ltd	₹1,002.75	₹15,335.99
R R Kabel Ltd	₹1,225.45	₹13,855.97
Diamond Power Infrastructure Ltd	₹112.75	₹5,941.60

Sterlite Technologies Ltd News

Sterlite Technologies strengthens its leadership team

27 Jan 2025, 10:14 am

Sterlite Tech slides as net loss widens to Rs 24 crore in Q3 FY25

Sterlite Technologies declined 1.03% to Rs 110.40 after the company's consolidated net loss of Rs 24 crore in Q3 FY25 as against a net loss of Rs 14 crore posted in Q2 FY25.

20 Jan 2025, 09:42 am

Sterlite Tech net loss widens to Rs 24 crore in Q3 FY25

Sterlite Technologies reported a consolidated net loss of Rs 24 crore in Q3 FY25 as against a net loss of Rs 14 crore posted in Q2 FY25.

18 Jan 2025, 04:39 pm

Sterlite Technologies allots 32,115 equity shares under ESOP

07 Jan 2025, 06:47 pm

Sterlite Technologies to hold board meeting

On 17 January 2025

06 Jan 2025, 05:29 pm

Sterlite Technologies Ltd Stock Analysis

Annual revenue for Sterlite Technologies Ltd decreased by 25.42% to ₹4,125 crore in FY 2024 from ₹5,531 crore in FY 2023.
Annual Net Profit for Sterlite Technologies Ltd decreased by 142.69% to ₹-143 crore in FY 2024 from ₹335 crore in FY 2023.
Promoter Shareholding in Sterlite Technologies Ltd decreased by 0.01% in the most recent quarter, from 44.17% in September 2024 to 44.17% in December 2024.
Sterlite Technologies Ltd delivered a 1-year return of -24.55% compared to the Nifty 50, which provided a return of 8.03% as of the last trading session.
Sterlite Technologies Ltd share price moved up by 1.61% from its previous close of INR ₹105.78. The latest Sterlite Technologies Ltd share price is INR ₹107.48.
Sterlite Technologies Ltd share price today has been at a low of 104.81 and a high of 108.84. Over the past 52 weeks, the Sterlite Technologies Ltd share price has seen a low of 98.40 and a high of 155.05.

About Sterlite Technologies Ltd

Sterlite Technologies Limited (STL) is an important telecommunications technology company from India. Founded in 1988, the organization has its headquarters in Pune, Maharashtra. It specializes in creating advanced communication technologies.

STL focuses on developing critical components for digital networks. The company's main products include optical fibres, fibre-optic cables, data cables and network services. These technologies support telecommunications and internet infrastructure worldwide.

The company is part of the Vedanta Group and has an impressive global presence, operating in over 150 countries. The top promoter of Sterlite Technologies Limited is Twin Star Overseas Ltd, with a 42.93% stake in the company. This promoter shareholding provides stability and clear direction to STL.

Anil Kumar Agarwal is the Non-Executive Chairman of STL, while Pravin Agarwal holds the position of Vice Chairman. Apart from this there are other managerial promoters who have contributed to the success of the company. They are –

Ankit Agarwal
S Madhavan
Amrita Gangotra

STL might not be the top stock in its sector. However, the company has established itself as a significant player in the telecommunications technology market. Its range of products and services supports digital network development, which has helped organizations create robust communication systems.

STL's registered office is located in Godrej Millennium, Koregaon Road, Pune. This strategic location has helped the company innovate and expand its technological solutions, contributing to the global digital infrastructure. Meanwhile, the registrars are based in the Financial District of Hyderabad.

Overall, Sterlite Technologies Limited's diverse portfolio and international reach demonstrate its capability to provide comprehensive networking solutions for businesses and telecommunications providers around the world.

Building Tomorrow's Networks - Sterlite Technologies' Tech Vision

Sterlite Technologies Ltd. envisions a future where fast and widespread digital connectivity transforms everyday living. Founded in 1988, STL has been at the forefront of this digital revolution. The company plays a critical role in building next-generation networks that span across 5G, FTTx (Fiber to the x), and rural broadband. Its commitment to innovation and excellence has made it a key player in the telecommunications industry.

STL’s vision is deeply rooted in its mission to connect the unconnected and transform billions of lives. This ambitious vision is driven by several core values: inclusivity, sustainability, and technological advancement. The company's strategy does not just involve providing advanced optical and digital solutions. STL also ensures these networks are inclusive and accessible.

A cornerstone of STL’s tech vision involves the development of 5G and fibre networks. As the world prepares for a 5G future, STL has been investing heavily in developing high-quality 5G infrastructure. The company’s efforts in this arena include the production of low-latency and high-capacity optical fibres, along with critical components in the deployment of 5G networks. With reliable internet connections, STL is laying the groundwork for the next generation of mobile networks.

Another significant aspect of STL’s vision is its commitment to Fiber to the X (FTTx) technology. This involves extending fibre-optic cables closer to users, whether homes (FTTH), businesses (FTTB), or cellular towers (FTTC). STL’s innovations in this field include the world’s slimmest 160-micron optical fibre and eco-labelled optical products. These advancements are critical for providing robust, high-speed internet connectivity to more people, especially in underserved rural areas.

STL’s focus on sustainability is also a key component of its tech vision. The company has committed to achieving net-zero carbon emissions by 2030. Their sustainability initiatives encompass eco-friendly manufacturing processes, renewable energy usage, and reusing materials. STL’s dedication to environmental responsibility ensures that its growth and technological advancements do not come at the cost of the planet’s health.

STL’s tech vision also extends to its social responsibility initiatives. Aligning with the United Nations Sustainable Development Goals (SDGs), STL carries out numerous initiatives aimed at improving the quality of life in the communities it serves. The company’s efforts range from providing quality healthcare to women and conserving the environment. By integrating these values into its operations, STL ensures that its business growth goes hand-in-hand with positive social impacts.

Another pillar of STL’s strategy is its emphasis on research and development (R&D). The company boasts cutting-edge innovation centres, where teams of researchers work on developing next-gen network technologies. The Centre for Smarter Networks, STL’s Indian innovation hub, is a part of this ecosystem. The centre emphasizes creating tailored solutions to address the most pressing connectivity challenges of the Indian region. From software-defined networking (SDN) to network function virtualization (NFV), STL is pioneering advanced technologies to deliver efficient and scalable network solutions.

Looking ahead, Sterlite Technologies aims to continue its leadership in digital network solutions. The company plans to expand its product portfolio and explore new markets. It also plans to invest in advanced technologies to meet the burgeoning demand for better connectivity. By fostering innovation and staying true to its mission, STL is well-positioned to achieve its vision of building tomorrow’s networks.

Overall, STL’s journey from a fibre manufacturer to a global leader in digital network solutions is a testament to its resilience, innovation, and commitment to excellence.