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Earnings Call Transcript

Sterlite Technologies Earnings Call Transcript: Key Takeaways

STL reported its highest-ever financial performance in Q1 FY27, driven by massive AI data center demand and a landmark $1.11B order win.

Highlights
Revenue growth87% Y-o-Y growth in Q1 FY27.
MarginsEBITDA margin expanded significantly Y-o-Y to 20.8%.
Order bookRecord high of ₹18,618 Cr as of Q1 FY27.
Demand visibilityStrong visibility from AI-led data centers and US FTTH rollouts.
Management confidenceHigh, citing multi-year investment cycles and record order book.

Growth

Revenue grew 87% Y-o-Y to ₹1,910 Cr; PAT surged to ₹197 Cr (3.3x Q-o-Q growth).

Outlook

Targets 25%+ connectivity attach rate by Q4FY27; scaling 'Enterprise & DC' and next-gen optical platforms.

Risks

Ongoing U.S. litigation involving subsidiary Sterlite Technologies Inc; global supply-demand tightness in fiber and preforms.

Last quarter's promises, checked

Delivered

  • Guided 20% EBITDA margin by end of fiscal → delivered 20.8% in Q1 FY27 (= BEAT)
  • Guided Enterprise & DC segment scale-up to 30% → delivered 40% of growth from DC (= BEAT)
  • Guided net debt to EBITDA below 1.2x → delivered Net Debt-Free status (= BEAT)

Partly delivered

  • Guided connectivity attach rate expansion → delivered 15% vs 22% prev (Target 25%+) (= PARTIAL)
Source

Earnings Call Transcript filed with BSE, 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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