Sterlite Technologies

Quick check

The five things to look at first. Open one for more.

• DebtHigh safetyRated AA by 2 agencies.
• ResultsGrowingIn the Sep 2026 quarter, sales rose 145% and profit rose 12,825% from a year earlier.
• DilutionNo new sharesNo new shares issued in the last year, so existing shareholders' slices were not cut.
• PromotersPromoters sellingThe promoters (founders or parent) own 42%, down from 44% in Sep 2025.
• ValuationExpensive vs its pastThe share trades at 56.9 times its yearly earnings (P/E), pricier than 95% of the time in the last 5 years. Its usual P/E is about 19.

Sterlite Technologies against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

• Valuation (P/E)56.9 against a typical 41.2: pricier than most peers (1st = cheapest).8th of 13
• Sales growth+144.6% against a typical +40.6% from a year earlier.2nd of 13
• Profit growth+12,825% against a typical +65% from a year earlier.1st of 9
• Share price, 3 months+75.2% against a typical +11.7%.1st of 13
• Size₹ 42,603.2 Cr. market value against a typical ₹ 845.1 Cr. (1st = largest).1st of 13

Exchange filings and their impact on the company.

• 27 Oct 2026Analysts/Institutional Investor Meet/Con. Call UpdatesHigh impactVery positivePrice −3.6% so far today
  Record Q2 with 27% margins and Rs 35274cr order book, lifting FY29 margin target to 30%.

  Sterlite Technologies reported its best-ever quarter in Q2 FY27 with revenue of Rs 2529 crore and operational EBITDA margin of 27.1%, taking H1 revenue to Rs 4439 crore and PAT to Rs 714 crore. Its open order book hit a record Rs 35274 crore, up 4.6 times from Rs 7687 crore at the start of the year, driven by a $1.2 billion 5-year hyperscaler deal and a $1.11 billion award last quarter. Backed by this visibility and a shift to data centres and connectivity solutions, it kept its FY29 revenue target at Rs 20000 crore but raised the EBITDA margin target to about 30% from over 27%.

  Full analysisFiling
• 23 Oct 2026Outcome of Board MeetingHigh impactVery positivePrice +3.2% that day
  Record Q2 with 145% revenue growth, 27% margins and net debt-free balance sheet backed by Rs 25000 cr hyperscaler orders.

  Sterlite Technologies reported its highest-ever quarter in Q2FY27 with revenue of Rs 2,529 crore, up 145% year-on-year, EBITDA margin of 27.1% and net profit of Rs 517 crore including a Rs 161 crore US tariff refund. The company turned net debt-free with Rs 703 crore net cash after using its Rs 1,500 crore QIP to repay debt, and CRISIL upgraded its long-term rating to AA/Stable. It also announced large multi-year wins including a $1.2 billion hyperscaler order and a $1.11 billion product award, taking the order book to a record and supporting its Lakshya target of Rs 20,000 crore revenue at over 30% margin by FY29.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

Listed companies in the same business.

Naveen Bolalingappa

Chief Executive Officer

Pravin Agarwal

Vice Chairman of the Board, Whole-Time Director

Ajay Jhanjhari

Chief Financial Officer

Rahul Puri

Chief Executive Officer - Optical Network Business

Badri Gomatam

Group Chief Technology Officer

Mrunal Asawadekar

Compliance Officer, Company Secretary

Ankit Agarwal

Managing Director, Executive Director, Optical Networking Business

Venkatesh Murthy

Director - Operations, Whole-Time Director