| EBITDA Margin guidance | 27.0% → 30.0% Raised by 3.0 percentage points |
|---|
| Revenue growth | +145% YoY, +32% QoQ to ₹2,529 Cr; H1 +116%. |
|---|---|
| Margins | Op EBITDA 27.1% Q2 (+624bps QoQ); FY29 target raised to 30%. |
| Order book | Record ₹35,274 Cr, up 4.6x; only ₹3,021 Cr for Q3. |
| Demand visibility | Strong: record ₹35,274 Cr order book; DC demand multi-year. |
| Management confidence | Optimistic; raised FY29 margin target but withheld utilization, pricing numbers. |
Growth
Revenue +145% YoY, +32% QoQ; op EBITDA 27.1% ex-one-off; ₹161 Cr refund inflates reported EBITDA.
Outlook
FY29 targets: ₹20,000 Cr revenue, ~30% EBITDA margin; ₹1,000 Cr/yr capex through FY29.
Risks
Analyst-cited finance costs up ~15% YoY and rising receivables; utilization undisclosed; raw-material constraints; payable days fell sharply.
Last quarter's promises, checked
Delivered
- FY29 EBITDA >27% → Q2 op EBITDA 27.1% ex-₹161 Cr refund; FY29 target raised to ~30% (= BEAT, run-rate only)
Partly delivered
- FY29 revenue ₹20,000 Cr → Q2 revenue ₹2,529 Cr, H1 +116% YoY; FY29 path untested (= PARTIAL)
- ₹1,000 Cr/yr capex and +50% capacity → ₹1,000 Cr/yr reaffirmed; spend, capacity added and utilization undisclosed (= PARTIAL)
- Greenfield pre-terminated facility (3,000+ jobs) → facility status undisclosed; pre-terminated trunk assemblies cited (= PARTIAL)
Earnings Call Transcript filed with BSE, NSE: STLTECH. Summary written with AI assistance from the document.
Sterlite Technologies Ltd: key numbers
- Share price
- ₹879.40
- Market cap
- ₹45,206 Cr
- Revenue (annual)
- ₹4,745 Cr
- Net profit (annual)
- ₹56.00 Cr
- P/E (TTM)
- 59.8×Sector 57.7×
- Promoter holding
- 42.28%-2.23% QoQ
- FII holding
- 17.76%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Sterlite Technologies Ltd
All →Sterlite Technologies Other Announcement
Sterlite Technologies filed its quarterly Monitoring Agency report (Q2 FY27) for the Rs.498.30 Cr Prefential Warrants issue. CARE Ratings confirmed NIL deviation from stated objects of use.
Sterlite Technologies Q2 FY27 Results: Net Profit ₹517 Cr, Up 12825.0% YoY
Sterlite Technologies Ltd reported revenue from operations of ₹2,529 Cr (+144.6% YoY) and net profit of ₹517 Cr (+12825.0% YoY) for Q2 FY27.
- Key figure
- Net profit ₹517 Cr · +12825.0% YoY
Sterlite Technologies Employee Stock Options
Sterlite Technologies Limited granted 82,158 employee stock options under its ESOP 2016 scheme to eligible employees.
Sterlite Technologies Other Announcement
Sterlite Technologies Ltd submitted its quarterly shareholding pattern for the period ended September 30, 2026, in compliance with SEBI Regulation 31.
Sterlite Technologies Board Meeting Date
Sterlite Technologies Limited has scheduled a board meeting on October 23, 2026, to consider the unaudited financial results for the quarter and half year ended September 30, 2026.
Sterlite Technologies Bags ₹11,400 Cr Order from A hyperscale partner
Sterlite Technologies Limited's subsidiary secured a Long-Term Supply Agreement from an international hyperscale partner. The contract is valued at approximately USD 1.2 billion for connectivity products.
- Value
- ₹11,400 Cr
- From
- A hyperscale partner
- Execution
- CY26 to CY30