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Sterlite Technologies Ltd

(STLTECH)

₹114.030.17%

as on 04:01PM, 22 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Sterlite Technologies Ltd Analyst Rating

based on 2 analysts

BUY

50.00%

Buy

50.00%

Hold

0.00%

Sell

Based on 2 analysts offering long term price targets for Sterlite Technologies Ltd. An average target of ₹140

Source: S&P Global Market Intelligence

Sterlite Technologies Ltd Share analysis

Sterlite Technologies Ltd price forecast by 2 analysts

Upside of22.77%

High

₹170

Target

₹140.00

Low

₹110

Sterlite Technologies Ltd target price ₹140, a slight upside of 22.77% compared to current price of ₹114.03. According to 2 analysts rating.

Source: S&P Global Market Intelligence

Sterlite Technologies Ltd Performance

  • Day's Low

    Day's High

    ₹113.08
    ₹115.05
  • 52 Week's Low

    52 Week's High

    ₹109.5
    ₹158.9
1 Month Return-4.18 %
3 Month Return-17.83 %
1 Year Return-24.88 %
Previous Close₹113.84
Open₹113.85
Volume8.43L
Upper Circuit-
Lower Circuit-
Market Cap₹5,552.54Cr

Sterlite Technologies Ltd Key Statistics

P/E Ratio-23.96
PEG Ratio2.43
Market Cap₹5,552.54 Cr
P/B Ratio2.57
EPS-1.43
Dividend Yield0
SectorCables
ROE-7.32

Sterlite Technologies Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹5,552.54 Cr-1.47%0.79-₹57 Cr₹5,478 Cr
BUY₹21,720.98 Cr248.82%0.69₹62 Cr₹2,470 Cr
NA₹26,851.02 Cr43.02%0.77-₹569 Cr₹1,263 Cr
NA₹18,371.00 Cr126.84%0.59₹337 Cr₹4,465 Cr
BUY₹8,748.04 Cr23.29%0.51₹388 Cr₹4,023 Cr

About Sterlite Technologies Ltd

Sterlite Technologies Ltd (STL) is an Indian multinational company that provides integrated end-to-end solutions in the telecom and power transmission industry. Incorporated in 1996, STL is headquartered in Pune, India and operates in four main lines of business: Telecom, Power, Oil & Gas and Smart City Solutions. The company offers a wide range of products and services ranging from optical fibre cables and power conductors to turnkey projects and system integration. STL's top products include optical fibre cables, power conductors, power systems, telecom systems, and smart city solutions.

The company's popular brands include Opticom, Sterlite Power, Sterlite Grid, and Sterlite Smart City. STL is a leader in the telecom and power transmission industry, providing innovative solutions to customers across the globe. The company has a presence in more than 100 countries and has a strong customer base in India and the Middle East.

Share Price: ₹114.03 per share as on 22 Nov, 2024 04:01 PM
Market Capitalisation: ₹5,552.54Cr as of today
Revenue: ₹1,413.00Cr as on September 2024 (Q3 24)
Net Profit: ₹-14.00Cr as on September 2024 (Q3 24)
Listing date: 08 Dec, 2000
Chairperson Name: Anil Agarwal
OrganisationSterlite Technologies Ltd
HeadquartersPune
IndustryCables
E-voting on sharesClick here to vote

Key events for Sterlite Technologies Ltd

  • Sterlite Technologies Credit Ratings Downgraded - 16 Nov, 2024

    Sterlite Technologies has received a downgrade in its credit ratings from ICRA for its bank facilities totaling Rs 4,475 crore, with the long-term and short-term ratings revised to ICRA AA-; Stable. The outlook has been changed from Negative.

  • Sterlite Technologies Secures Major BharatNet Project - 13 Nov, 2024

    Sterlite Technologies has secured the Rs 2,600 crore BharatNet III project in Jammu and Kashmir, enhancing broadband connectivity in remote areas. The project emphasizes technology-driven solutions for faster deployment and aligns with STL's mission of transforming lives through connectivity.

  • Sterlite Technologies Secures Major BSNL Contract - 09 Nov, 2024

    Sterlite Technologies Limited (STL) has emerged as the lower bidder for a BSNL contract worth approximately Rs 1,625 crore to enhance the BharatNet network in Jammu & Kashmir. This project reinforces STL's strong market position and expands its order book to Rs 8,630 crore across various business units.

  • Sterlite Technologies Wins Major BSNL Contract - 08 Nov, 2024

    Sterlite Technologies emerged as the lowest bidder for a Rs 1,625.36 crore project from BSNL to develop the middle-mile network in Jammu and Kashmir, boosting investor confidence and stock price.

  • Sterlite Technologies Reports Q2 Loss Amid Revenue Decline - 31 Oct, 2024

    Sterlite Technologies reported a Q2 loss of ₹14 crore, down from a profit of ₹34 crore last year. Revenue decreased by 5.42% YoY, but showed a 16.01% QoQ growth. Analysts remain mixed, with one Sell and two Buy ratings.

  • Sterlite Technologies Reports Q2 Losses and Revenue Growth - 30 Oct, 2024

    Sterlite Technologies reported a net loss of Rs 140 million for Q2, contrasting with a profit last year. However, the company saw a sequential revenue increase of 16.01% to Rs 1,413 crore, indicating improved performance despite ongoing challenges.

  • Sterlite Technologies Targets Growth in AI Data Centres - 21 Oct, 2024

    Sterlite Technologies aims for 25% of its revenue from AI data centre fibre offerings in three years, driven by local data sovereignty. The company is also focusing on US and European markets, with plans to reduce debt and enhance cash generation following a successful QIP of Rs 1,000 crore.

Insights on Sterlite Technologies Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 3 quarters, -82.0 Cr → -14.0 Cr (in ₹), with an average increase of 156.9% per quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 7.76% to 8.36% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 36.31% to 36.77% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 3 quarters, 1.15K Cr → 1.41K Cr (in ₹), with an average increase of 9.7% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, HFCL Ltd has given 88.6% return, outperforming this stock by 113.5%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Tejas Networks Ltd has given 188.6% return, outperforming this stock by 247.5%

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 44.18% to 44.17% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 8.49% to 7.45% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 years, STLTECH stock has moved down by -58.9%

Sterlite Technologies Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹1,494.00Cr (-)₹1,322.00Cr (↓11.51%)₹1,140.00Cr (↓13.77%)₹1,218.00Cr (↑6.84%)₹1,413.00Cr (↑16.01%)
Net Income₹32.00Cr (-)-₹59.00Cr (↓284.38%)-₹82.00Cr (↑38.98%)-₹48.00Cr (↓41.46%)-₹14.00Cr (↓70.83%)
Net Profit Margin2.14% (-)-4.46% (↓308.41%)-7.19% (↑61.21%)-3.94% (↓45.20%)-0.99% (↓74.87%)
Value in ₹ crore
Details2021202220232024
Total Assets₹6,822.62Cr (-)₹7,549.00Cr (↑10.65%)₹7,769.00Cr (↑2.91%)₹6,996.00Cr (↓9.95%)
Total Liabilities₹4,996.26Cr (-)₹5,706.00Cr (↑14.21%)₹5,885.00Cr (↑3.14%)₹5,275.00Cr (↓10.37%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹590.97Cr (-)₹468.09Cr (↓20.79%)₹393.00Cr (↓16.04%)-₹194.00Cr (↓149.36%)₹959.00Cr (↓594.33%)

Index Inclusions

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

BSE Small-Cap

₹52,612.93

0.9 (471.78%)

Sterlite Technologies Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
44.17%
-0.03
Foreign Institutions
8.36%
7.69
Mutual Funds
7.45%
-12.27
Retail Investors
36.77%
1.27
Others
3.25%
-0.13

Sterlite Technologies Ltd Key Indicators

Details20202021202220232024
Return On Equity %25.5214.383.3617.98-7.32
Details20202021202220232024
Return On Assets %7.024.040.791.81-0.73
Details20202021202220232024
Book Value Per Share (₹)47.5350.148.8852.2850.58
Details20202021202220232024
Earning Per Share (₹)10.516.691.133.17-1.43

Sterlite Technologies Ltd Valuation

Sterlite Technologies Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-111.74x)

June 25, 2024

Today (-23.96x)

November 22, 2024

Industry (58.56x)

November 22, 2024

Highest (153.63x)

April 22, 2022

LowHigh

Sterlite Technologies Ltd Earnings and Dividends

  • Sterlite Technologies Ltd Earnings Results

    Sterlite Technologies Ltd’s net profit fell -141.18% since last year same period to ₹-14Cr in the Q2 2024-2025. On a quarterly growth basis, Sterlite Technologies Ltd has generated 70.83% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Sterlite Technologies Ltd Dividends May,2023

    In the quarter ending March 2023, Sterlite Technologies Ltd has declared dividend of ₹1 - translating a dividend yield of 0.88%.

    Read More about Dividends

Sterlite Technologies Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Sterlite Technologies Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Sterlite Technologies Ltd (STLTECH) share price today is ₹114.03

Sterlite Technologies Ltd is listed on NSE

Sterlite Technologies Ltd is listed on BSE

  • Today’s highest price of Sterlite Technologies Ltd is ₹115.05.
  • Today’s lowest price of Sterlite Technologies Ltd is ₹113.08.

PE Ratio of Sterlite Technologies Ltd is -23.96

PE ratio = Sterlite Technologies Ltd Market price per share / Sterlite Technologies Ltd Earnings per share

Today’s traded volume of Sterlite Technologies Ltd(STLTECH) is 8.43L.

Today’s market capitalisation of Sterlite Technologies Ltd(STLTECH) is ₹5552.54Cr.

Sterlite Technologies Ltd(STLTECHPrice
52 Week High
₹158.9
52 Week Low
₹109.5

Sterlite Technologies Ltd(STLTECH) share price is ₹114.03. It is down -28.24% from its 52 Week High price of ₹158.9

Sterlite Technologies Ltd(STLTECH) share price is ₹114.03. It is up 4.14% from its 52 Week Low price of ₹109.5

Sterlite Technologies Ltd(STLTECHReturns
1 Day Returns
0.19%
1 Month Returns
-4.18%
3 Month Returns
-17.83%
1 Year Returns
-24.88%