Sterlite Technologies logo

Sterlite Technologies share price

NSE: STLTECHBSE: 532374Telecom - Equipment & AccessoriesSmall Cap

Sterlite Technologies Limited · Formerly Sterlite Optical Technologies · Face value ₹2 · Listed Oct 2000 on BSE, Dec 2000 on NSE
Last close ₹867.85down ₹11.55 (1.31%)BSE ₹871.15

Share price at the NSE close on 29 Oct 2026. Previous close ₹879.40.

29 Oct: open ₹885.00, high ₹899.95, low ₹842.60

52-week range of traded prices to 29 Oct 2026
₹84.60Low, 27 Jan 2026₹1,051.10High, 6 Oct 2026
Market cap
₹44,612 Cr460th largest listed
P/E
59.01
P/B
9.82
Dividend yield
Nonein the last 12 months
ROE
22.9%
ROCE
21.5%
Debt to equity
0.19
Volume, NSE
11,86,354

Sterlite Technologies share price chart

Daily closes since Jan 2007, adjusted for splits and bonuses, with the demerger of Apr 2025 reinvested. Reinvested means the value of the shares of the company that was split off is treated as put back into this share at its opening price on the ex-date. On BSE it is in group T, traded trade for trade: every trade is settled by delivery, and none can be squared off the same day.

+604.9%over a year · Nifty 500 −8.4%

Results20-session average 23,72,649 shares a day

About Sterlite Technologies

Sterlite Technologies Limited (STL) makes optical fibre, optical fibre cable and optical connectivity products for telecom operators, data-centre and cloud companies, citizen networks (public broadband programmes) and large enterprises.12 It makes its own glass, fibre, cable and connectivity products in-house, at plants in India, Italy, the United States and China.31

It reports its results in an optical networking segment and a digital and technology solutions segment.4 STL Digital is its IT engineering and services business.5 It says it serves customers across 100 countries.6

It was incorporated on 24 Mar 2000.7 Its global services business, which designed and deployed fibre and wireless networks, was demerged (split off into a separate company) into STL Networks Limited, effective from the close of business on 31 Mar 2025.89

Its immediate holding company (the company that directly holds its controlling shares) is Twin Star Overseas Limited of Mauritius.10 Its non-executive chairman is Anil Agarwal, founder of the Vedanta Group, and its managing director is Ankit Agarwal.11

Sterlite Technologies key points

Results

  • In the year to Mar 2026, consolidated revenue from continuing operations (the businesses it still runs) rose 19% to ₹4,745 crore and EBITDA (earnings before one-off items, interest, tax, depreciation and amortisation) rose 39% to ₹628 crore, a 13.2% margin against 11.3%.12
  • Consolidated net profit from continuing operations was ₹56 crore in the year to Mar 2026, against a loss of ₹72 crore a year earlier.13
  • Net debt (borrowings less cash, current investments, other bank balances and about ₹372 crore of restricted cash held for a legal matter of its US entity) was ₹1,128 crore at the end of March 2026, 1.3 times EBITDA and 0.5 times equity.14

Market position

  • The company says it is India's largest end-to-end optical manufacturer by installed capacity. It puts its share of the optical fibre cable market outside China at 8% by sales volume in the year to Mar 2026, the same as a year earlier.1516
  • On 3 Sep 2026, it said it had about 9% of the global optical fibre market outside China.17

Business segments

  • Optical networking. Revenue was ₹4,486 crore in the year to Mar 2026, and EBITDA ₹606 crore against ₹464 crore a year earlier.1819
  • Digital and technology solutions. Revenue was ₹284 crore and EBITDA ₹3 crore in the year to Mar 2026, against an EBITDA loss of ₹23 crore a year earlier. It added 9 new logos (new customer accounts) in the year, taking its footprint to 35 partners.201921

Plants and capacity

  • The company said on 3 Sep 2026 that it plans to invest about ₹1,000 crore a year over the next 3 financial years, raising its preform (the glass rod fibre is drawn from), fibre and cable capacity by 50%.22
  • The company said on 3 Sep 2026 that it plans a new optical connectivity plant in India to serve data-centre and AI demand.22

Order book

  • On 3 Sep 2026, the company said its open order book (orders received but not yet delivered) was more than $2 billion.23
  • On 1 Oct 2026, a wholly owned subsidiary of Sterlite Technologies Limited received a long-term agreement from a hyperscale partner (a very large cloud and data-centre operator) to supply optical connectivity products up to December 2030, with an estimated potential value of about $1.2 billion.2425
  • On 22 May 2026, a subsidiary of Sterlite Technologies Limited received an award letter from a hyperscale partner to supply optical connectivity products for AI data centres in the US up to March 2029, with an estimated potential value of about $1.11 billion.262728

Research and development

  • On 3 Sep 2026, the company said it held over 785 patents and was developing multi-core fibre and co-packaged optics (optical parts built into the same package as a chip).2930
  • Its products for AI data centres include the Neuralis connectivity portfolio and a hollow-core fibre cable, which it calls India's first, in which light travels through an air core rather than through glass.3121
  • The company said on 3 Sep 2026 that it plans to commit about 2% of its average annual revenue to innovation.30

What the company expects

  • The company said on 3 Sep 2026 that, under a plan it calls Lakshya, it targets revenue of ₹20,000 crore and an EBITDA margin of 27% or more in the year to Mar 2029.3223
  • The company stated in its annual report for the year to Mar 2026 that it expects an EBITDA margin of about 20% by the quarter to Mar 2027, at over 70% utilisation, and net debt below 1.2 times EBITDA for the year to Mar 2027.33

Recent events

  • On 2 Sep 2026, the company said Crisil had upgraded its long-term credit rating (a rating agency's view of its ability to repay debt) from AA- to AA.34
  • On 30 Jun 2026, the company closed a qualified institutions placement (a sale of new shares to large institutional investors), allocating 2,57,28,500 shares.35
  • On 30 Mar 2026, the company allotted 4,53,00,000 warrants (rights to buy shares later at a set price) at ₹110 each to its promoter, Twin Star Overseas Limited, and received 25% of the price.3637

Last updated

All 37 sources, each with its page

Results

Consolidated; ₹ crore.Sterlite Technologies quarterly results

Revenue growth, 12 months
+63.5%
Net profit growth, 12 months
–

Quarter to Sep 2026, against the quarter before

Revenue
₹2,529 Crup 32.41%
Net profit
₹517 Crup 162.44%
Net margin
20.4%

Revenue by quarter

₹1,261 CrDec 24₹1,052 CrMar 25₹1,019 CrJun 25₹1,034 CrSep 25₹1,257 CrDec 25₹1,441 CrMar 26₹1,910 CrJun 26₹2,529 CrSep 26

Net profit by quarter, a loss in red

  • Net profit
  • Loss
−₹24 CrDec 24−₹40 CrMar 25₹10 CrJun 25₹4.00 CrSep 25−₹17 CrDec 25₹59 CrMar 26₹197 CrJun 26₹517 CrSep 26
A loss in 3 of the 8 quarters shown

The quarters either side of a change of basis do not compare. From the quarter to Mar 2025, the company's revenue for the year to Mar 2025, ₹3,996 Cr, differs from its quarters added, ₹4,944 Cr; the company reports the part of the business demerged on 24 Apr 2025 as discontinued, and figures before the change include it.

₹ croreDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Revenue1,2611,0521,0191,0341,2571,4411,9102,529
Net profit−24−40104−1759197517
Net margin−1.9%–1.0%0.4%−1.4%4.1%10.3%20.4%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share. Net margin is left blank for Mar 2025: the profit includes the result of a business the company has discontinued, which the revenue does not, so the two make no margin.

Business segments

Share of revenue, year to Mar 2026, consolidated. The demerger of 24 Apr 2025 fell inside the year to Mar 2026.Segment revenue and profit

  • Optical networking business₹4,486 Crup 19.91%94.0%
  • Digital and technology solutions₹284 Crdown 2.07%6.0%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history. Its history crosses a change of basis in the accounts in the years to Mar 2018, Mar 2023 and Mar 2025: days before it are of the company before the change.Sterlite Technologies PE ratio and valuation

Price to book

At or below today's level on 96% of 898 trading days over the last 5 years.

LowestHighest
Its median3.16Industry median3.55
Dividend yield

At or below today's level on 23% of 2,431 trading days over the last 10 years.

LowestHighest
Its median0.68%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearWith the demerger reinvestedEarnings growthChange in P/EDividend yield
1 year+117.9%+210.2%––0.0%
3 years+6.1%+19.4%−31.2%+54.2%0.0%
5 years−1.7%+5.4%−30.2%+40.5%0.2%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Return a year is the share as it traded across the demerger; the next column is the same return with the demerger reinvested, empty for a window with no demerger in it. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record. Earnings growth over 3 and 5 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the years to Mar 2023 and Mar 2026.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Sterlite Technologies shareholding pattern

Shareholding by group

  • Promoters42.28%
  • Foreign institutions17.77%
  • Indian institutions13.74%
  • Individuals and others26.21%
Holder
TWIN STAR OVERSEAS LTDPromoter40.74%
SMALLCAP WORLD FUND, INCForeign portfolio investors, category I2.24%
VEDANTA LIMITEDPromoter0.93%
ANKIT AGARWALPromoter0.35%
PRAVIN AGARWALPromoter0.21%
NAVIN AGARWALPromoter0.02%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Since Jul 2026: promoters −0.01 pts, foreign institutions −1.94 pts, Indian institutions +0.47 pts, mutual funds +0.98 pts.

Mutual fund holdings

91 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 6 of the 28 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.All 91 funds holding Sterlite Technologies

Bought for the first time
29
Bought again
15
Added
6
Cut
22
Held unchanged
19
Sold out
1
Fund
Motilal Oswal Mutual Fund logoMotilal Oswal Midcap FundMotilal Oswal Mutual Fund1,94,26,5384.40%₹1,767.6 Cr
Motilal Oswal Mutual Fund logoMotilal Oswal Large and Midcap FundMotilal Oswal Mutual Fund94,06,8164.32%₹855.9 Cr
Motilal Oswal Mutual Fund logoMotilal Oswal Flexi cap FundMotilal Oswal Mutual Fund65,50,7644.43%₹596.1 Cr
Bandhan Mutual Fund logoBandhan Small Cap FundBandhan Mutual Fund27,60,0000.70%₹251.1 Cr
Motilal Oswal Mutual Fund logoMotilal Oswal ELSS Tax Saver FundMotilal Oswal Mutual Fund24,39,5914.54%₹222.0 Cr
HSBC Mutual Fund logoHSBC Small Cap FundHSBC Mutual Fund19,25,9990.95%₹175.2 Cr
HDFC Mutual Fund logoHDFC Large & Mid Cap FundHDFC Mutual Fund16,00,0000.51%₹145.6 Cr
Bandhan Mutual Fund logoBandhan Value FundBandhan Mutual Fund14,50,0001.39%₹131.9 Cr
HDFC Mutual Fund logoHDFC Value FundHDFC Mutual Fund14,00,0001.58%₹127.4 Cr
HSBC Mutual Fund logoHSBC Large Cap FundHSBC Mutual Fund11,00,0005.70%₹100.1 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Promoter and insider buying and selling

Trades made since 30 Oct 2025.Sterlite Technologies insider trading

Bought on the market Sold on the market
  • Promoters and promoter group5 purchases, 19 sales₹22 Cr₹6.45 CrNet₹16 Cr1 off-market move
  • Others0 purchases, 1 saleNo purchase₹0.10 CrNet−₹0.10 Cr
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

Sterlite Technologies competitors and peers

Telecom - Equipment & Accessories, 15 listed companies, priced on 29 Oct 2026. The table lists the 8 companies closest to Sterlite Technologies in market cap.Telecommunication sector stocks

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
ITI logoITIITI21,34265.8311.20−41.3%–18.4%−0.1%0.00%
Tejas Networks logoTejas NetworksTEJASNET7,425–2.94−71.1%–−27.9%−11.6%0.00%
Optiemus Infracom logoOptiemus InfracomOPTIEMUS7,409101.969.54+20.9%+10.6%10.1%6.7%0.00%
Orient Cables (India)ORIENTCABL4,092––––––0.00%
Valiant Communications logoValiant CommunicationsVALIANT1,91270.1819.82+65.7%+143.0%34.5%32.2%0.09%
ADC India Communications logoADC India CommunicationsADCINDIA1,02545.4911.82+19.0%+0.3%28.8%29.0%1.12%
Birla Cable logoBirla CableBIRLACABLE99721.563.55+28.1%+656.8%17.3%16.8%0.38%
Frog Innovations logoFrog InnovationsFROG362–2.28−51.7%−106.6%−1.0%–0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Sterlite Technologies dividend history

Dividend per share, ₹, restated for later splits and bonuses

1.3Mar 172Mar 183.5Mar 193.5Mar 202Mar 210.5Mar 221Mar 23Mar 24Mar 25Mar 26
Highest ₹3.50 a share, years to Mar 2019 and Mar 2020.
Ex-dateTypePer share
8 Aug 2023Final₹1.00
22 Aug 2022Final₹0.50
20 Aug 2021Final₹2.00
27 Aug 2020Final₹3.50
18 Jul 2019Final₹3.50
21 Jun 2018Final₹2.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Sterlite Technologies announcements

Sterlite Technologies share price by year

Each calendar year to 2025.Sterlite Technologies share price history

YearClose at year endChangeHighest closeLowest close
2025Demerger103.20−9.9%137.5859.48
2024114.57−19.8%149.25110.80
2023142.80−18.7%188.35132.90
2022175.75−38.9%284.65133.20
2021287.75+57.9%312.35174.15
2020182.25+53.7%188.5063.20
2019118.55−59.6%297.20104.20
2018293.45+0.3%409.95262.30
2017292.55+203.9%299.9096.15
201696.25−0.7%110.8570.30
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. With the demerger of 24 Apr 2025 reinvested, the change in 2025 is +28.2%.

Recent sessions

The 9 trading days to 28 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolume
28 Oct 2026919.00936.40875.00879.40895.8314,31,626
27 Oct 2026900.00910.90880.10910.90900.7026,71,206
26 Oct 2026800.00867.95785.35867.55833.2131,91,720
23 Oct 2026770.00840.00760.85826.65792.8245,37,896
22 Oct 2026801.15845.00800.80800.85805.6733,29,095
21 Oct 2026903.00914.80842.90842.90860.6418,97,222
19 Oct 2026855.00908.80840.90887.25881.6623,59,894
16 Oct 2026850.10891.00834.55865.90862.4425,28,045
15 Oct 2026878.45878.45878.45878.45878.4516,50,495
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history

Ex-dateEventPrice factorWhat happened
24 Apr 2025Demerger0.7027Part of the business became a separate company. The factor is the opening price on the ex-date divided by the previous close. The chart shows earlier prices with the demerger reinvested.
9 Mar 2010Bonus0.5000Holders received 1 bonus share for every 1 held.
9 Mar 2010Split0.4000Every 2 shares became 5.
23 Jan 2008Price move–Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for.
22 Jan 2008Price move–Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout. Any other event is noted and not adjusted for.

Company details

Chairperson
Anil Kumar Agarwal
At the end of the quarter to Sep 2026
Managing director
Ankit Agarwal
At the end of the quarter to Sep 2026
NSE symbol
STLTECH
BSE code
532374
ISIN
INE089C01029
Industry
Telecom - Equipment & Accessories
Former symbols
STRTECH, STROPTICAL
CIN
L31300PN2000PLC202408
Corporate identity number, the registrar of companies' code for it
Incorporated
2000
Registered office
4th Floor, Godrej Millennium, Koregaon Road 9, STS 12/1, Pune 411001, Maharashtra
Share registrar
KFin Technologies Ltd
Keeps the register of shareholders and handles transfers and dividend payments