Sterlite Technologies Ltd
STLTECHSterlite Technologies Ltd
STLTECH
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is not in the overbought zone
Red flags
AvgThe stock has a moderate number of red flags
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| -42.06 | 3.18 | — |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| -160.84 | 14.73 | 0.32% |
Forecast & Ratings
Detailed Forecast from 2 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Sterlite Technologies Limited is primarily engaged in the business of telecom products and solutions.
Peers
Compare with peersITI Ltd
Tejas Networks Ltd
HFCL Ltd
Vindhya Telelinks Ltd
Digispice Technologies Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 2,154.64 | 2,469.47 | 3,216.38 | 5,124.12 | 5,188.70 | 4,883.01 | 5,517.00 | 6,970.00 | 5,546.00 | 5,229.00 | ||||||||||
Raw Materials | 972.59 | 1,105.79 | 1,255.14 | 2,621.90 | 2,369.86 | 2,534.83 | 3,089.00 | 3,165.00 | 2,487.00 | 4,743.00 | ||||||||||
| Power & Fuel Cost | 82.90 | 96.37 | 98.98 | 121.97 | 139.18 | 142.43 | 142.00 | 203.00 | 168.00 | |||||||||||
| Employee Cost | 205.10 | 298.55 | 344.72 | 511.23 | 629.80 | 647.42 | 661.00 | 912.00 | 952.00 | |||||||||||
| Selling & Administrative Expenses | 145.38 | 200.42 | 247.39 | 311.55 | 319.57 | 300.39 | 565.00 | 935.00 | 745.00 | |||||||||||
| Operating & Other expenses | 278.85 | 228.81 | 486.83 | 401.05 | 685.65 | 393.05 | 417.00 | 924.00 | 556.00 | |||||||||||
EBITDA | 469.82 | 539.53 | 783.32 | 1,156.42 | 1,044.64 | 864.89 | 643.00 | 831.00 | 638.00 | 486.00 | ||||||||||
| Depreciation/Amortization | 125.60 | 159.23 | 182.21 | 194.98 | 290.28 | 285.26 | 308.00 | 309.00 | 335.00 | 336.00 | ||||||||||
| PBIT | 344.22 | 380.30 | 601.11 | 961.44 | 754.36 | 579.63 | 335.00 | 522.00 | 303.00 | 150.00 | ||||||||||
| Interest & Other Items | 119.24 | 122.93 | 103.83 | 105.49 | 221.04 | 203.00 | 238.00 | 311.00 | 369.00 | 348.00 | ||||||||||
| PBT | 224.98 | 257.37 | 497.28 | 855.95 | 533.32 | 376.63 | 97.00 | 211.00 | -66.00 | -198.00 | ||||||||||
| Taxes & Other Items | 71.27 | 55.99 | 162.95 | 293.20 | 99.42 | 101.16 | 37.00 | 70.00 | -15.00 | -45.00 | ||||||||||
| Net Income | 153.71 | 201.38 | 334.33 | 562.75 | 433.90 | 275.47 | 60.00 | 141.00 | -51.00 | -153.00 | ||||||||||
| EPS | 3.13 | 4.53 | 8.37 | 14.01 | 10.76 | 6.88 | 1.51 | 3.54 | -1.28 | -3.83 | ||||||||||
| DPS | 0.80 | 1.25 | 2.00 | 3.50 | 3.50 | 2.00 | 0.50 | 1.00 | 0.00 | 1.00 | ||||||||||
| Payout ratio | 0.26 | 0.28 | 0.24 | 0.25 | 0.33 | 0.29 | 0.33 | 0.28 | 0.00 | -0.26 |
Company Updates
Investor Presentation
Annual report
PDFAnnual report
PDFAnnual report
PDFPeers & Comparison
Communication ServicesTelecom Equipments
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Sterlite Technologies Ltd | -126.19 | 3.18 | — |
| ITI Ltd | -50.62 | 12.13 | — |
| Tejas Networks Ltd | 359.24 | 7.18 | — |
| HFCL Ltd | 64.17 | 6.73 | 0.13% |
Price Comparison
Compare STLTECH with any stock or ETFShareholdings
Promoter Holdings Trend
Decreased Total Promoter Holding
In last 6 months, promoter holding in the company has decreased by 9.81%
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Decreased Total Retail Holding
In last 3 months, retail holding in the company has decreased by 3.30%
Increased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has increased by 2.75%
Shareholding Pattern
Dec 2023
Mar 2024
Apr 2024
Jun 2024
Shareholding History
Mutual Funds Holding Trend
Increased Mutual Fund Holding
In last 3 months, mutual fund holding of the company has increased by 8.39%
Top 5 Mutual Funds holding Sterlite Technologies Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
Nippon India Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 2.4023% | Percentage of the fund’s portfolio invested in the stock 0.27% | Change in the portfolio weight of the stock over the last 3 months -0.09% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 48/226 (-5) |
HDFC Capital Builder Value Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.7573% | Percentage of the fund’s portfolio invested in the stock 1.55% | Change in the portfolio weight of the stock over the last 3 months -0.16% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 50/93 (0) |
HDFC Dividend Yield Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.0968% | Percentage of the fund’s portfolio invested in the stock 1.17% | Change in the portfolio weight of the stock over the last 3 months -0.23% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 24/106 (-2) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateAug 8, 2023
Dividend/Share
₹1.00
Ex DateEx Date
Aug 8, 2023
Cash Dividend
Ex DateEx DateAug 22, 2022
Dividend/Share
₹0.50
Ex DateEx Date
Aug 22, 2022
Cash Dividend
Ex DateEx DateAug 20, 2021
Dividend/Share
₹2.00
Ex DateEx Date
Aug 20, 2021
Cash Dividend
Ex DateEx DateAug 27, 2020
Dividend/Share
₹3.50
Ex DateEx Date
Aug 27, 2020
Cash Dividend
Ex DateEx DateJul 18, 2019
Dividend/Share
₹3.50
Ex DateEx Date
Jul 18, 2019
Sterlite Technologies has granted 950,294 stock options exercisable into equal number of fully paid-up equity shares of the Company, at an exercise price of Rs. 2/- per option. These stock options shall vest over a period of 4 years and shall be capable of being exercised within a period of five years from the date of vesting. Powered by Capital Market - Live
Sterlite Technologies reports consolidated net loss of Rs 48.00 crore in the June 2024 quarter
Net loss of Sterlite Technologies reported to Rs 48.00 crore in the quarter ended June 2024 as against net profit of Rs 54.00 crore during the previous quarter ended June 2023. Sales declined 19.97% to Rs 1218.00 crore in the quarter ended June 2024 as against Rs 1522.00 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales1218.001522.00 -20 OPM %6.9014.06 - PBDT22.00144.00 -85 PBT-60.0063.00 PL NP-48.0054.00 PL Powered by Capital Market - Live
Sterlite Technologies introduces optical connectivity portfolio for US market
Sterlite Technologies (STL) announced the expansion of its Optical Networking capability with the addition of its Optical Connectivity portfolio in the US market. This move marks a pivotal step in delivering robust, integrated optical capabilities tailored to the US customers for their FTTx needs. Armed with the ability to deliver both advanced optical fiber cable and optical connectivity products, the company aims to strategically serve its customer base of nearly 50 in the US region. STL's Optical Connectivity portfolio, designed with the ethos of a deep understanding of networking needs, ease of installation and future-readiness, will enable its customers to 'Connect with Confidence' and be at the leading edge of design excellence in deployments. With this integrated capability and a team of 200 STLers at its North American headquarters in South Carolina, STL is bringing its commitment to connect America to life. STL's Optical Connectivity products enhance fiber connectivity to the premise level with scalable, easy-to install solutions that accelerate deployment. Engineered with keeping customers in mind, they are tested for US customers and designed for easy installation, maintenance, and operation. These solutions are future ready and suitable to adapt to tomorrow's technological advancements. Some of these solutions include: ' OptoBlaze, Multiport Service Terminal, and OptoBolt pre-connectorized drop cables - already deployed by US providers like Lumos Networks and Archtop Fiber. They enhance network modularity, reduce installation time, and lower connection costs ' OptoPull - a pullable field-installed pre-connectorized drop cable ' OptoPod - a flexible multiport service terminal that is a pre-onnectorized plug-and-play solution tailored for fast and easy network connections in space-constrained environments ' OptoPed - a performance-enhancing distribution system with Optical Pedestals designed and tested to withstand the harshest environmental conditions. Powered by Capital Market - Live
Sterlite Technologies will hold a meeting of the Board of Directors of the Company on 30 July 2024.Powered by Capital Market - Live
Stocks To Watch: Prestige Estates, IREDA, HDFC Bank, Sterlite Technologies
Sterlite Tech CEO Paul Atkinson Sacked
Sterlite Technologies Raises Rs 1,000 Crore Via QIP
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 1.59%, vs industry avg of 4%
Decreasing Market Share
Over the last 5 years, market share decreased from 31.92% to 28.4%