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Earnings Call Transcript

Sterlite Technologies Earnings Call Transcript: Key Takeaways

STL outlines 'Lakshya' strategy targeting ₹20,000 Cr revenue and 27%+ EBITDA margin by FY29. Q1 FY27 is cited as a turning point with highest-ever quarterly EBITDA.

Guidance and delivery
Management target Revenue 321.1% FY29
Highlights
Revenue growth4x growth targeted by FY29 vs FY26.
MarginsTargeting 1380 bps expansion to 27%+ EBITDA by FY29.
Order book$2 billion+ providing strong revenue visibility.
Demand visibilityOpen order book of more than $2 billion.
Management confidenceHigh, citing 'pivotal moment' and structural AI demand.

Growth

Targeting 4x revenue growth from ₹4,750 Cr in FY26 to ₹20,000 Cr by FY29.

Outlook

Investing ₹1,000 Cr annually for 3 years to expand capacity by 50% and 2% revenue on R&D.

Risks

Evolving AI architectures and rapid technological shifts require constant high R&D investment.

Last quarter's promises, checked

Delivered

  • Guided 20% EBITDA margin → delivered 20% (= BEAT)
  • Guided ~INR1,500 Cr Q1 execution → delivered >INR1,500 Cr (= BEAT)
  • Reduce net debt → delivered net debt-free status (= BEAT)

Partly delivered

  • Targeting 50% revenue from DC/Enterprise → delivered 21% share (= 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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