Sterlite Technologies share price
NSE: STLTECHBSE: 532374Telecom - Equipment & AccessoriesSmall Cap
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
- Under NSE's long-term additional surveillance, stage IV, on the list for 29 Oct 2026. The exchange puts a share here when its price has moved unusually, and trading in it carries extra conditions.
- Delivery only: shares bought must be paid for in full, with no selling on the same day.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹44,612 Cr460th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 59.01
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 9.82
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 22.9%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 21.5%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Sep 2026.
- 0.19
- Volume, NSEVolume. Shares traded on the last trading day. Volume in the glossary
- 11,86,354
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
- 1. Annual report, 24 Jul 2026, page 160
- 2. Investor presentation, 19 May 2026, page 5
- 3. Earnings call, 3 Sep 2026, page 5
- 4. Annual report, 24 Jul 2026, page 21
- 5. Annual report, 24 Jul 2026, page 30
- 6. Annual report, 24 Jul 2026, page 48
- 7. Annual report, 24 Jul 2026, page 352
- 8. Exchange filing, 13 May 2026, page 1
- 9. Annual report, 24 Jul 2026, page 160
- 10. Annual report, 24 Jul 2026, page 101
- 11. Annual report, 24 Jul 2026, page 14
- 12. Annual report, 24 Jul 2026, page 21
- 13. Annual report, 24 Jul 2026, page 47
- 14. Investor presentation, 19 May 2026, page 22
- 15. Investor presentation, 19 May 2026, page 5
- 16. Investor presentation, 19 May 2026, page 17
- 17. Earnings call, 3 Sep 2026, page 5
- 18. Annual report, 24 Jul 2026, page 21
- 19. Annual report, 24 Jul 2026, page 21
- 20. Investor presentation, 19 May 2026, page 23
- 21. Annual report, 24 Jul 2026, page 9
- 22. Earnings call, 3 Sep 2026, page 8
- 23. Earnings call, 3 Sep 2026, page 7
- 24. Exchange filing, 1 Oct 2026, page 1
- 25. Exchange filing, 1 Oct 2026, page 2
- 26. Exchange filing, 22 May 2026, page 1
- 27. Exchange filing, 22 May 2026, page 2
- 28. Exchange filing, 22 May 2026, page 3
- 29. Earnings call, 3 Sep 2026, page 5
- 30. Earnings call, 3 Sep 2026, page 8
- 31. Annual report, 24 Jul 2026, page 30
- 32. Earnings call, 3 Sep 2026, page 6
- 33. Annual report, 24 Jul 2026, page 356
- 34. Exchange filing, 2 Sep 2026, page 1
- 35. Exchange filing, 30 Jun 2026, page 1
- 36. Annual report, 24 Jul 2026, page 48
- 37. Annual report, 24 Jul 2026, page 87
Results
Consolidated; ₹ crore.Sterlite Technologies quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +63.5%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- –
Quarter to Sep 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹2,529 Crup 32.41%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹517 Crup 162.44%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 20.4%
Revenue by quarter
Net profit by quarter, a loss in red
- Net profit
- Loss
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.
| ₹ crore | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,261 | 1,052 | 1,019 | 1,034 | 1,257 | 1,441 | 1,910 | 2,529 |
| Net profit | −24 | −40 | 10 | 4 | −17 | 59 | 197 | 517 |
| Net margin | −1.9% | – | 1.0% | 0.4% | −1.4% | 4.1% | 10.3% | 20.4% |
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹4,745 Crup 18.74%
- Net profitNet profit. Under it, net profit in the year before. A change in per cent is not worked out where either period is a loss or nothing.
- ₹56 CrYear to Mar 2025: −₹123 Cr
- Net margin
- 1.2%
Revenue by year
Net profit by year, a loss in red
- Net profit
- Loss
The years either side of a change of basis do not compare. From the year to Mar 2018, GST replaced excise duty on 1 Jul 2017, and revenue before that day includes the duty. From the year to Mar 2023, the company's revenue for that year, ₹6,925 Cr, differs from its quarters added, ₹7,097 Cr; the company reports a discontinued business. From the year to Mar 2025, the company's revenue for that year, ₹3,996 Cr, differs from its quarters added, ₹4,944 Cr.
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,594what Revenue, Mar 2017, includes. This period's revenue includes excise duty of ₹145 crore, a tax on the goods the company makes that it collects and pays to the government. | 3,205 | 5,087 | 5,154 | 4,825 | 5,754 | 6,925 | 5,478 | 3,996 | 4,745 |
| Net profit | 218 | 364 | 587 | 424 | 265 | 47 | 127 | −57 | −123 | 56 |
| Net margin | 8.4% | 11.4% | 11.5% | 8.2% | 5.5% | – | – | – | – | 1.2% |
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 businessOptical networking business, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹4,486 Crup 19.91%94.0%
- Digital and technology solutionsDigital and technology solutions, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹284 Crdown 2.07%6.0%
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
At or below today's level on 96% of 898 trading days over the last 5 years.
At or below today's level on 23% of 2,431 trading days over the last 10 years.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | With the demerger reinvestedReturn with the demerger reinvested. The yearly price growth with the price before the demerger multiplied by the demerger's price factor (its opening price on the ex-date over the close before it), plus the average dividend yield: the return of a holder who put the value of the shares of the company that was split off back into this share on the ex-date. | Earnings growth | Change in P/E | Dividend 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% |
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 timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 29
- Bought againBought again. Funds that held it at the month's end, had not held it the month before, and held it in an earlier month.
- 15
- AddedAdded. Funds that held more shares than at the end of the month before.
- 6
- CutCut. Funds that held fewer shares than at the end of the month before.
- 22
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 19
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 1
| Fund | |||
|---|---|---|---|
| 1,94,26,538 | 4.40% | ₹1,767.6 Cr | |
| 94,06,816 | 4.32% | ₹855.9 Cr | |
| 65,50,764 | 4.43% | ₹596.1 Cr | |
| 27,60,000 | 0.70% | ₹251.1 Cr | |
| 24,39,591 | 4.54% | ₹222.0 Cr | |
| 19,25,999 | 0.95% | ₹175.2 Cr | |
| 16,00,000 | 0.51% | ₹145.6 Cr | |
| 14,50,000 | 1.39% | ₹131.9 Cr | |
| 14,00,000 | 1.58% | ₹127.4 Cr | |
| 11,00,000 | 5.70% | ₹100.1 Cr |
Promoter and insider buying and selling
Trades made since 30 Oct 2025.Sterlite Technologies insider trading
- Promoters and promoter group5 purchases, 19 sales₹22 Cr₹6.45 CrNetNet. The value bought on the market less the value sold, over the trades whose filers stated a value.₹16 Cr1 off-market move
- Others0 purchases, 1 saleNo purchase₹0.10 CrNet−₹0.10 Cr
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
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| 21,342 | 65.83 | 11.20 | −41.3% | – | 18.4% | −0.1% | 0.00% | |
| 7,425 | – | 2.94 | −71.1% | – | −27.9% | −11.6% | 0.00% | |
| 7,409 | 101.96 | 9.54 | +20.9% | +10.6% | 10.1% | 6.7% | 0.00% | |
| Orient Cables (India)ORIENTCABL | 4,092 | – | – | – | – | – | – | 0.00% |
| 1,912 | 70.18 | 19.82 | +65.7% | +143.0% | 34.5% | 32.2% | 0.09% | |
| 1,025 | 45.49 | 11.82 | +19.0% | +0.3% | 28.8% | 29.0% | 1.12% | |
| 997 | 21.56 | 3.55 | +28.1% | +656.8% | 17.3% | 16.8% | 0.38% | |
| 362 | – | 2.28 | −51.7% | −106.6% | −1.0% | – | 0.00% |
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
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossary| Ex-date | Type | Per share |
|---|---|---|
| 8 Aug 2023 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹1.00 |
| 22 Aug 2022 | Final | ₹0.50 |
| 20 Aug 2021 | Final | ₹2.00 |
| 27 Aug 2020 | Final | ₹3.50 |
| 18 Jul 2019 | Final | ₹3.50 |
| 21 Jun 2018 | Final | ₹2.00 |
Latest announcements
Routine notices left out.Sterlite Technologies announcements
Oct 2026
29 Oct · Disclosure
23 Oct · Results
22 Oct · Disclosure
6 Oct · Analysts
Sterlite Technologies share price by year
Each calendar year to 2025.Sterlite Technologies share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025Demerger | 103.20 | −9.9% | 137.58 | 59.48 |
| 2024 | 114.57 | −19.8% | 149.25 | 110.80 |
| 2023 | 142.80 | −18.7% | 188.35 | 132.90 |
| 2022 | 175.75 | −38.9% | 284.65 | 133.20 |
| 2021 | 287.75 | +57.9% | 312.35 | 174.15 |
| 2020 | 182.25 | +53.7% | 188.50 | 63.20 |
| 2019 | 118.55 | −59.6% | 297.20 | 104.20 |
| 2018 | 293.45 | +0.3% | 409.95 | 262.30 |
| 2017 | 292.55 | +203.9% | 299.90 | 96.15 |
| 2016 | 96.25 | −0.7% | 110.85 | 70.30 |
Recent sessions
The 9 trading days to 28 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume |
|---|---|---|---|---|---|---|
| 28 Oct 2026 | 919.00 | 936.40 | 875.00 | 879.40 | 895.83 | 14,31,626 |
| 27 Oct 2026 | 900.00 | 910.90 | 880.10 | 910.90 | 900.70 | 26,71,206 |
| 26 Oct 2026 | 800.00 | 867.95 | 785.35 | 867.55 | 833.21 | 31,91,720 |
| 23 Oct 2026 | 770.00 | 840.00 | 760.85 | 826.65 | 792.82 | 45,37,896 |
| 22 Oct 2026 | 801.15 | 845.00 | 800.80 | 800.85 | 805.67 | 33,29,095 |
| 21 Oct 2026 | 903.00 | 914.80 | 842.90 | 842.90 | 860.64 | 18,97,222 |
| 19 Oct 2026 | 855.00 | 908.80 | 840.90 | 887.25 | 881.66 | 23,59,894 |
| 16 Oct 2026 | 850.10 | 891.00 | 834.55 | 865.90 | 862.44 | 25,28,045 |
| 15 Oct 2026 | 878.45 | 878.45 | 878.45 | 878.45 | 878.45 | 16,50,495 |
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 24 Apr 2025 | Demerger | 0.7027 | Part 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 2010 | Bonus | 0.5000 | Holders received 1 bonus share for every 1 held. |
| 9 Mar 2010 | Split | 0.4000 | Every 2 shares became 5. |
| 23 Jan 2008 | Price 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 2008 | Price 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. |
Company details
- NSE symbol
- STLTECH
- BSE code
- 532374
- ISIN
- INE089C01029
- Industry
- Telecom - Equipment & Accessories
- Former symbols
- STRTECH, STROPTICAL
- Website
- www.sterlitetechnologies.com
- 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