Sterlite Technologies Ltd

About Sterlite Technologies Ltd

Sterlite Technologies Ltd (STL) is a global optical fibre cable and digital technology company providing end-to-end data network solutions. It designs, builds, and manages digital networks for telecom operators, enterprises, and governments, driving connectivity and infrastructure development worldwide, positioning itself as a key enabler of 5G and broadband infrastructure.

Key Financial Ratios

• P/E Ratio (TTM): Price to Earnings ratio shows how much an investor pays for every rupee of the company's earnings. Sterlite Technologies Ltd's P/E ratio (TTM) is -393.35, compared to the industry median of 4.05 and large cap median of 4.05.

• P/B Ratio: Price to Book ratio compares a company's market price to its book value per share. Sterlite Technologies Ltd's P/B ratio is 9.62, compared to the industry median of 3.63 and large cap median of 3.63.

• P/S Ratio: Price to Sales ratio compares a company's market value to its total revenue. Sterlite Technologies Ltd's P/S ratio is 8.93, compared to the industry median of 5.31 and large cap median of 5.31.

• PEG Ratio: PEG ratio adjusts the P/E ratio for expected earnings growth. Sterlite Technologies Ltd's PEG ratio is N/A.

• EV/EBITDA Ratio: This ratio compares a company's enterprise value to its earnings before interest, tax, depreciation, and amortization. Sterlite Technologies Ltd's EV/EBITDA ratio is 51.45.

• Return on Equity (ROE): ROE measures how much profit a company generates from shareholders' invested capital. Sterlite Technologies Ltd's ROE is 2.47%.

• Return on Assets (ROA): ROA measures how efficiently a company converts its assets into net profit. Sterlite Technologies Ltd's ROA is 8.97%.

• Return on Capital Employed (ROCE): ROCE measures how efficiently a company generates profit from all the capital it employs. Sterlite Technologies Ltd's ROCE is 8%.

• Operating Margin: Operating margin shows what percentage of revenue remains after covering operating expenses. Sterlite Technologies Ltd's operating margin is 11.99%.

• Net Margin: Net margin shows what percentage of revenue converts into final net profit. Sterlite Technologies Ltd's net margin is 1.18%.

• Current Ratio: The current ratio measures a company's ability to pay short-term liabilities using short-term assets. Sterlite Technologies Ltd's current ratio is 1.03.

• Debt to Equity Ratio: This ratio shows the proportion of debt a company uses relative to shareholders' equity. Sterlite Technologies Ltd's debt-to-equity ratio is 0.56.

• Interest Coverage Ratio: This ratio shows how easily a company can pay interest on its outstanding debt from its operating earnings. Sterlite Technologies Ltd's interest coverage ratio is 1.48.

• Dividend Per Share (DPS): DPS shows the total dividend paid per share in the latest financial year. Sterlite Technologies Ltd's DPS is ₹0.

• Earnings Per Share (EPS): EPS shows how much profit is allocated to each outstanding share. Sterlite Technologies Ltd's EPS is -145.63.

(Source line: "Ratios as of 15 Jun 2026, based on last traded price of ₹405.15. Data sourced from BSE/NSE Exchange Filings & Public Terminal Data.")

Key Facts

• Founded: 1988 (as Sterlite Optical Technologies Limited)
• Headquarters: Pune, Maharashtra
• Core Offerings: Optical Fibre & Cables, Network Deployment Services, Software & Systems Integration, Hyperscale Network Solutions, Fibre-to-the-Home (FTTH) Solutions
• Stock Listing: NSE (STLTECH), BSE (532374)
• Promoter: Agarwal Group (Vedanta Group)

History of Sterlite Technologies Ltd

Founded in 1988 as Sterlite Optical Technologies Limited, the company commenced manufacturing optical fibre. It rapidly expanded its product portfolio to include optical fibre cables. Over the decades, STL evolved from a component manufacturer into an integrated digital network solutions provider, offering end-to-end services from design to deployment. Key milestones include global expansion, strategic acquisitions, and continuous innovation in optical and broadband network technologies, positioning it as a major player in building future-ready digital infrastructure.

Business Segments and Revenue Mix

• Optical Networking Business (ONB): Focuses on manufacturing and supplying optical fibre and optical fibre cables, which are critical components for building high-speed communication networks globally. This segment drives innovation in fibre design and high-density cable solutions for various applications.
• Global Services Business (GSB): Provides end-to-end network deployment, integration, and management services. This includes designing, building, and operating digital networks for telecom service providers, governments, and enterprises, along with offering software solutions for network orchestration and monetization.

Key Personnel

Anil Agarwal - Chairman. Founder and Chairman of Vedanta Resources Limited, he provides strategic direction and oversight to the company. Ankit Agarwal - Managing Director. Drives the company's global strategy, technology innovation, and operational excellence for end-to-end digital network solutions.

Subsidiaries and Associate Companies

• Sterlite Technologies Inc. (USA)
• STL Global Services (India) Private Limited
• STL Digital Limited
• Impact Data Solutions Limited (UK)
• Metallurgica Bresciana S.p.A (Italy)

Corporate Actions

In 2021, the company successfully completed a Rights Issue to raise capital for growth and deleveraging.

References

1. Annual Report FY23
2. Exchange Filings (NSE/BSE)
3. Investor Presentations