Sterlite Technologies Earnings Call Transcript: Key Takeaways
Record Q2 revenue of ₹2,529 Cr (+145% YoY) with 27% operational EBITDA margin; FY29 margin target lifted to 30%. Reported EBITDA and PAT include a one-time ₹161 Cr tariff refund.
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Record Q2 revenue of ₹2,529 Cr (+145% YoY) with 27% operational EBITDA margin; FY29 margin target lifted to 30%. Reported EBITDA and PAT include a one-time ₹161 Cr tariff refund.
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 Ltd reported revenue from operations of ₹2,529 Cr (+144.6% YoY) and net profit of ₹517 Cr (+12825.0% YoY) for Q2 FY27.
Sterlite Technologies Limited granted 82,158 employee stock options under its ESOP 2016 scheme to eligible employees.
Sterlite Technologies Ltd submitted its quarterly shareholding pattern for the period ended September 30, 2026, in compliance with SEBI Regulation 31.
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 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.
Promoter Group member Navin Agarwal sold 3,445 shares of Sterlite Technologies Ltd via market sale for an aggregate consideration of Rs. 0.30 Crore.
Sterlite Technologies expanded its Neuralis data center portfolio by introducing a range of Pre-Terminated Fiber Trunk Assemblies, supporting high-density cabling up to 6912 fibers per cable.
Sterlite Technologies Ltd appointed Ms. Lakshmi Iyer as Chief M&A, Investor Relations and Capital Markets Strategy Officer, designated as a Senior Management Personnel.
Promoter Group member Navin Agarwal sold 2,500 shares of Sterlite Technologies Ltd via market sale for ₹0.21 Crore.
Promoter Group member Navin Agarwal sold 5,000 shares of Sterlite Technologies Ltd via market sale, reducing his stake. The transactions occurred on September 8 and 9, 2026.
Sterlite Technologies Limited allotted 146,191 equity shares to employees following the exercise of options under its ESOP schemes.
Sterlite Technologies Ltd received US OFNP certification for its Intermittently Bonded Ribbon (IBR) cable assembly portfolio, expanding its AI-ready data center infrastructure capabilities.
Promoter Group member Navin Agarwal sold 5,000 equity shares of Sterlite Technologies Ltd worth ₹0.37 Crore in the open market.
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.
STL announces 'Lakshya' growth roadmap targeting ₹20,000 Cr revenue by FY29 with >27% EBITDA margin, driven by AI infrastructure demand and optical densification.
Sterlite Technologies' Board approved a capacity expansion in its existing manufacturing facility. The project requires an investment of approximately ₹3,000 Crore, to be completed by FY29.
Crisil upgraded Sterlite Technologies' long-term credit rating to AA/Stable. This positive rating action reflects improved creditworthiness for the company's existing debt instruments.
Promoter group member Navin Agarwal sold 5,000 equity shares of Sterlite Technologies Ltd through a market sale. The transaction was disclosed under SEBI PIT regulations.
Sterlite Technologies clarified that the Long Term Supply Agreement previously announced on August 29, 2026, was executed by its wholly-owned subsidiary, not the company itself.
Sterlite Technologies secured a long-term supply agreement with a US-based leading hyperscaler. The contract, valued at ₹2,746.96 Crore, spans three years from 2027 to 2029.
Sterlite Technologies Limited has signed a three-year, USD 288 Million (approx. ₹2,736 Crore) long-term supply agreement with a leading hyperscaler for optical fibre cable products.
Sterlite Technologies has transitioned four manufacturing plants to 100% green power and integrated green hydrogen, advancing its decarbonization and sustainability goals.
Motilal Oswal Mutual Fund schemes acquired 3,32,029 shares of Sterlite Technologies Ltd via market transactions, increasing their total stake to 7.66%.
Sterlite Technologies held its 27th Annual General Meeting on August 19, 2026. All items of business were passed by the shareholders.
Sterlite Technologies has disclosed that the Delhi High Court upheld an arbitral award in its favor, quashing a Rs. 8.56 Crore demand notice from the DoT.
Sterlite Technologies announced the Delhi High Court dismissed the Department of Telecommunications' petition, upholding a favourable arbitral award regarding a past litigation demand.
Sterlite Technologies secured a long-term supply agreement worth ₹1,996.47 Crore from a leading US-based telecom infrastructure company. The contract involves supplying optical fiber cables over three years.
Sterlite Technologies secured a long-term supply agreement for high-density optical fiber cable from a leading telecom infrastructure company, valued at approximately ₹1,995 Crore.