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Earnings Call

Sterlite Technologies Earnings Call: Key Takeaways

STL delivered strong FY26 performance with Revenue at INR 4,745 Cr and EBITDA margin of 13.2%, driven by a 109% surge in order intake.

Highlights
Revenue growth18.7% YoY for FY26
MarginsOperational EBITDA margins improved sequentially over last six quarters to 21.1%.
Order bookOpen order book at INR 7,309 Cr, up 67% YoY.
Demand visibilityStrong, multi-year upcycle in global fibre demand building from 2025.

Growth

FY26 revenue grew 18.7% YoY; Q4 FY26 PAT reached INR 59 Cr vs INR 5 Cr in Q4 FY25.

Outlook

Targeting Net Debt-to-EBITDA < 1.2x for FY27; scaling Enterprise & Data Centre segments.

Risks

West Asia geopolitical tensions causing cost inflation in helium and polymer-based jacketing compounds.

Last quarter's promises, checked

Delivered

  • Guided 20% EBITDA margin by FY26-end → delivered 15.1% (reported) / 21.1% (operational) (= BEAT)
  • Guided net debt/EBITDA < 2x → delivered 1.3x (= BEAT)
  • Guided 12-18 months for 30% Enterprise/DC revenue share → delivered 19% in FY26 (= BEAT - on track)

Partly delivered

  • Guided reduction in raw material constraints → delivered slight improvement but helium/polymer costs remain high (= PARTIAL)
Source

Earnings Call filed with NSE, NSE: STLTECH. Summary written with AI assistance from the document.

Read the document ↗

Sterlite Technologies Ltd: key numbers

Share price
₹837.20
Market cap
₹43,037 Cr
Revenue (annual)
₹4,745 Cr
Net profit (annual)
₹56.00 Cr
P/E (TTM)
177.1×Sector 68.0×
Promoter holding
42.29%-2.15% QoQ
FII holding
19.71%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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