Sterlite Technologies Ltd. Share Price, Stock Analysis

Sterlite Technologies Ltd.
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276.25 +0.30 ▲0.1%

17 September 2021, 04:00:00 P.M.
Volume: 60,519

Overview View Details

Financial Indicators Consolidated Standalone
Sector	Electricals	Compare with Sector peers
Industry	Cable	Compare with Industry peers
Website	http://www.stl.tech
Market Cap	10,972.58 Cr.
Earnings per share (EPS)	9.70	Trailing Twelve Months Ending 2021-06
Price-Earning Ratio (PE)	28.48	Trailing Twelve Months Ending 2021-06
Industry PE	33.82	Trailing Twelve Months Ending 2021-06
Book Value / Share	51.89	Trailing Twelve Months Ending 2021-06
Price to Book Value	5.32	Calculated using Price: 276.25
Dividend Yield	0.72	Period Ending 2021-03
No. of Shares Subscribed	39.72 Cr.	397,197,642 Shares
FaceValue	2
Company Profile
Sterlite Technologies (STL) was incorporated in 2000 under the name Sterlite Optical Technologies. The company’s business activities involve manufacturing of telecommunication cables. Later in the year 2007 the name was changed to Sterlite Technologies. It has headquarter located in Pune, eight manufacturing units across India and 10 sales and marketing offices in India, China, Thailand, Russia, U.K. and South Africa. In India Sterlite is a market leader. It sells its telecom and power products to many countries, due to this its export, sales account for about 30% of the company’s net revenues. It has received various certifications such as OHSAS 18001:1999 and TL 9000 for management system and ISO 14001:2004 Environment Management System. Business area of the company The company is an industry-leading integrator of digital networks. It has expanded its portfolio to manufacture and supply of Optical Fibers, Fiber Optic Cables, Power Transmission Conductors, Aluminum & Alloy Rods, Copper Telecom Cables, Structured Data Cables, and Customer Premise Equipment and Cable Accessories. It caters products to various sectors such as telecom, defense, oil and gas, railway, roadways, power, aviation and broadband. Awards 2013: Frost & Sullivan - IMEA Manufacturing Excellence Award; Silver Certification 2013: ML100 (Manufacturing Leadership 100) - IT leadership 2014: Top Telecom Cable Company 2013 2014: Best Innovation in Fibre Infrastructure 2013 2015: Top 25 Innovative Organisations of India - CII 2015: STL wins prestigious Frost & Sullivan Indian Manufacturing Excellence Gold Award 2015 2015: AEGIS GRAHAM BELL AWARD 2016: STL features among '100 Best Companies to work for Women in India 2016: STL wins Telecom Leadership Forum Awards for transforming the Broadband infrastructure space 2016: STL wins 2 Frost & Sullivan 2016 Awards 2016: STL won Maharashtra Times CSR Award 2017: STL Wins CII-ITC Sustainability Award 2017 for Excellence in Corporate Social Responsibility 2017: STL wins the Jury Commendation Award for CSR in water-management in Aurangabad 2017: STL wins Civic Award Under Social Development Category 2017: Felicitation by the Times Group for CSR in Water Management 2017: STL won Indian International CSR Excellence Awards 2017: Certificate of Merit awarded to STL at the first ever UN-GCNI Best Practices Awards 2017: STL won Amity Global Business School CSR Award for Best CSR Practices 2017: STL wins the Lokmat Corporate Excellence Award for Best CSR Practices 2017: STL wins Aegis Graham Bell Award for ‘Innovation in Telecom Infra 2018: STL wins ELSC Supply Chain Collaboration Award 2018: STL wins “Best-In-Class Cross-Functional Teamwork Project” Award 2018: STL and BSNL jointly win the “Best Wi-Fi Monetisation Solution” award 2018: STL wins the Forbes China Award 2018: STL wins the Golden Peacock National Quality Award for quality excellence 2018: STL's Neox Smart City and Enterprise solution is selected as the “Best Smart Network Solution” by Digital Terminal 2018: STL wins recognition at the Frost & Sullivan and TERI Sustainability 4.0 Awards 2018 2019: Brand Revitalization 2019: Marketing Communication B2B 2019: Prestigious UiPath Automation Excellence Awards 2019 2019: Best Employer Brand Awards 2019 2019: Frost & Sullivan 2019 India Best Practices for Converged Network Solution 2019: Telecom Leadership Forum honoured STL with Network Infra Innovation Award 2019: In Citizen Networks, STL bagged top honour at TLF India 2019 Awards 2019: STL has won Voice&Data Telecom Leadership Forum Biz and Tech Award 2019: STL wins ELSC Supply Chain Collaboration Award 2020: STL’s dTelco adjudged as a ‘Winner’ in the OSS/BSS Transformation Excellence category at InformaTech 2020 Glotel Awards. 2020: Marketing Professional of the year 2020 - CMO Asia 2020: Green Tech CSR Award 2020: Best Organization for Woman Empowerment 2020: Innovative Leader Communication, Media & Entertainment (CME) Category' at the 'Business Impact Awards 2020 2020: Asia-Pacific Converged Network Solutions Product Leadership Award by Frost & Sullivan 2020: Best WiFi Infrastructure Provider 2020: British Safety award 2020: Bags Corporate Behaviour Based Safety (BBS) Award Milestones 1988: Commencement of copper telecom cables business. 1993: Commencement of fiber optic cables business. 1995: Commencement of optical fiber business 2000: Demerger from Sterlite Industries and listing on BSE & NSE 2004: Commencement of data cables business. 2005: Commencement of systems and solutions business 2006: Acquisition of power conductor's business 2010: Commencement of OPGW cables business. 2011: Commencement of power infrastructure business 2013: Sterlite Technologies Ltd has informed regarding a titled ''Sterlite Technologies receives new orders pegged at around Rs. 630 Crores'' 2013: Sterlite Technologies Ltd has informed regarding a titled ''Sterlite Technologies launches enhanced family of bend-insensitive fibers'' 2013: 'Sterlite Technologies enters into joint venture with Conduspar Condutores Eletricos to manufacture optical fiber cable in Brazil'' 2013: 'Sterlite Grid wins two more power transmission projects''. 2014: 'Sterlite Grid commissions two lines and two substations of the Bhopal - Dhule Transmission project'' 2014: Sterlite Technologies Ltd has informed regarding a titled ''Sterlite Grid has been awarded a power transmission project to deliver over 1000 MWs of electricity from Punjab to the Kashmir Valley.'' -''Sterlite Grid completes India's First Ultra Mega Power Transmission Project'' 2014: 'Sterlite Technologies enters into a Joint Venture with VISCAS to manufacture Extra High Voltage Cables in India'' 2014: 'Sterlite Technologies to implement end-to-end rollout of Optical Fiber Network for Defense services'' 2014: 'Sterlite Technologies successfully tests multi-terabit data transmission over long haul network''. 2015: Sterlite Technologie - Sterlite Grid announces successful refinancing of India's first Ultra Mega Transmission Project, ENICL -Ericsson to work with Sterlite for smart city initiatives 2015: Sterlite Technologie - Sterlite Commissions First 765 kV Transmission Project in Private Sector -Sterlite to set up LCD manufacturing plant 2015: Sterlite Grid's Jabalpur Transmission Project to Boost Power Access 2015: Sterlite acquires telecom software company Elitecore Sterlite Technologies Ltd. the Registered Office of the Company is shifted from Survey No 68/1, Rakholi Village, Madhuban Dam Road, Silvassa, Dadra & Nagar Haveli 396 230 to E 1, MIDC Industrial Area, Waluj, Aurangabad, Maharashtra 431 136. 2015: Sterlite Grid and Burns & McDonnell join hands to introduce world class engineering and construction methodologies in Power Transmission Projects. 2016: Sterlite Tech wins second smart city project in Jaipur -Sterlite Technologies launches Sterlite Academy 2016: Sterlite Tech features among '100 Best Companies to work for Women in India 2016: Sterlite Tech wins Telecom Leadership Forum Awards for transforming the Broadband infrastructure space 2016: Sterlite Tech wins 2 Frost & Sullivan 2016 Awards 2017: Sterlite Tech won the Wireless Broadband Alliance (WBA) Industry Award 2017 for the successful deployment of India's First Live Smart Services City in Gandhinagar, Gujarat. 2018: STL acquired Metallurgica Bresciana- an Italian specialized optical cable manufacturer. 2019: Building one of the world’s largest Greenfield semiconductor-grade optical fibre perform plants - Gauav, in Aurangabad India. 2019: Acquisition of UK based impact data solution (IDS) to strengthen design and development offerings for hyper scale data centers. 2019: Strategic partnerships with various entities like TIP, ONAP, O-RAN, and ONF to create higher-speed, lower cost, more secure, programmable, and more reliable networks for the future. 2020: The company made strategic investment in ASOCS - a developer of open, disruptive, and virtualized Radio Access Network (vRAN) solutions, delivering 4G and 5G for cellular networks.

Sterlite Technologies Ltd.

Sterlite Technologies (STL) was incorporated in 2000 under the name Sterlite Optical Technologies. The company’s business activities involve manufacturing of telecommunication cables. Later in the year 2007 the name was changed to Sterlite Technologies. It has headquarter located in Pune, eight manufacturing units across India and 10 sales and marketing offices in India, China, Thailand, Russia, U.K. and South Africa. In India Sterlite is a market leader. It sells its telecom and power products to many countries, due to this its export, sales account for about 30% of the company’s net revenues. It has received various certifications such as OHSAS 18001:1999 and TL 9000 for management system and ISO 14001:2004 Environment Management System.

Business area of the company

The company is an industry-leading integrator of digital networks. It has expanded its portfolio to manufacture and supply of Optical Fibers, Fiber Optic Cables, Power Transmission Conductors, Aluminum & Alloy Rods, Copper Telecom Cables, Structured Data Cables, and Customer Premise Equipment and Cable Accessories. It caters products to various sectors such as telecom, defense, oil and gas, railway, roadways, power, aviation and broadband.

Awards

2013: Frost & Sullivan - IMEA Manufacturing Excellence Award; Silver Certification
2013: ML100 (Manufacturing Leadership 100) - IT leadership
2014: Top Telecom Cable Company 2013
2014: Best Innovation in Fibre Infrastructure 2013
2015: Top 25 Innovative Organisations of India - CII
2015: STL wins prestigious Frost & Sullivan Indian Manufacturing Excellence Gold Award 2015
2015: AEGIS GRAHAM BELL AWARD
2016: STL features among '100 Best Companies to work for Women in India
2016: STL wins Telecom Leadership Forum Awards for transforming the Broadband infrastructure space
2016: STL wins 2 Frost & Sullivan 2016 Awards
2016: STL won Maharashtra Times CSR Award
2017: STL Wins CII-ITC Sustainability Award 2017 for Excellence in Corporate Social Responsibility
2017: STL wins the Jury Commendation Award for CSR in water-management in Aurangabad
2017: STL wins Civic Award Under Social Development Category
2017: Felicitation by the Times Group for CSR in Water Management
2017: STL won Indian International CSR Excellence Awards
2017: Certificate of Merit awarded to STL at the first ever UN-GCNI Best Practices Awards
2017: STL won Amity Global Business School CSR Award for Best CSR Practices
2017: STL wins the Lokmat Corporate Excellence Award for Best CSR Practices
2017: STL wins Aegis Graham Bell Award for ‘Innovation in Telecom Infra
2018: STL wins ELSC Supply Chain Collaboration Award
2018: STL wins “Best-In-Class Cross-Functional Teamwork Project” Award
2018: STL and BSNL jointly win the “Best Wi-Fi Monetisation Solution” award
2018: STL wins the Forbes China Award
2018: STL wins the Golden Peacock National Quality Award for quality excellence
2018: STL's Neox Smart City and Enterprise solution is selected as the “Best Smart Network Solution” by Digital Terminal
2018: STL wins recognition at the Frost & Sullivan and TERI Sustainability 4.0 Awards 2018
2019: Brand Revitalization
2019: Marketing Communication B2B
2019: Prestigious UiPath Automation Excellence Awards 2019
2019: Best Employer Brand Awards 2019
2019: Frost & Sullivan 2019 India Best Practices for Converged Network Solution
2019: Telecom Leadership Forum honoured STL with Network Infra Innovation Award
2019: In Citizen Networks, STL bagged top honour at TLF India 2019 Awards
2019: STL has won Voice&Data Telecom Leadership Forum Biz and Tech Award
2019: STL wins ELSC Supply Chain Collaboration Award
2020: STL’s dTelco adjudged as a ‘Winner’ in the OSS/BSS Transformation Excellence category at InformaTech 2020 Glotel Awards.
2020: Marketing Professional of the year 2020 - CMO Asia
2020: Green Tech CSR Award
2020: Best Organization for Woman Empowerment
2020: Innovative Leader Communication, Media & Entertainment (CME) Category' at the 'Business Impact Awards 2020
2020: Asia-Pacific Converged Network Solutions Product Leadership Award by Frost & Sullivan
2020: Best WiFi Infrastructure Provider
2020: British Safety award
2020: Bags Corporate Behaviour Based Safety (BBS) Award

Milestones

1988: Commencement of copper telecom cables business.
1993: Commencement of fiber optic cables business.
1995: Commencement of optical fiber business
2000: Demerger from Sterlite Industries and listing on BSE & NSE
2004: Commencement of data cables business.
2005: Commencement of systems and solutions business
2006: Acquisition of power conductor's business
2010: Commencement of OPGW cables business.
2011: Commencement of power infrastructure business
2013: Sterlite Technologies Ltd has informed regarding a titled ''Sterlite Technologies receives new orders pegged at around Rs. 630 Crores''
2013: Sterlite Technologies Ltd has informed regarding a titled ''Sterlite Technologies launches enhanced family of bend-insensitive fibers''
2013: 'Sterlite Technologies enters into joint venture with Conduspar Condutores Eletricos to manufacture optical fiber cable in Brazil''
2013: 'Sterlite Grid wins two more power transmission projects''.
2014: 'Sterlite Grid commissions two lines and two substations of the Bhopal - Dhule Transmission project''
2014: Sterlite Technologies Ltd has informed regarding a titled ''Sterlite Grid has been awarded a power transmission project to deliver over 1000 MWs of electricity from Punjab to the Kashmir Valley.'' -''Sterlite Grid completes India's First Ultra Mega Power Transmission Project''
2014: 'Sterlite Technologies enters into a Joint Venture with VISCAS to manufacture Extra High Voltage Cables in India''
2014: 'Sterlite Technologies to implement end-to-end rollout of Optical Fiber Network for Defense services''
2014: 'Sterlite Technologies successfully tests multi-terabit data transmission over long haul network''.
2015: Sterlite Technologie - Sterlite Grid announces successful refinancing of India's first Ultra Mega Transmission Project, ENICL -Ericsson to work with Sterlite for smart city initiatives
2015: Sterlite Technologie - Sterlite Commissions First 765 kV Transmission Project in Private Sector -Sterlite to set up LCD manufacturing plant
2015: Sterlite Grid's Jabalpur Transmission Project to Boost Power Access
2015: Sterlite acquires telecom software company Elitecore Sterlite Technologies Ltd. the Registered Office of the Company is shifted from Survey No 68/1, Rakholi Village, Madhuban Dam Road, Silvassa, Dadra & Nagar Haveli 396 230 to E 1, MIDC Industrial Area, Waluj, Aurangabad, Maharashtra 431 136.
2015: Sterlite Grid and Burns & McDonnell join hands to introduce world class engineering and construction methodologies in Power Transmission Projects.
2016: Sterlite Tech wins second smart city project in Jaipur -Sterlite Technologies launches Sterlite Academy
2016: Sterlite Tech features among '100 Best Companies to work for Women in India
2016: Sterlite Tech wins Telecom Leadership Forum Awards for transforming the Broadband infrastructure space
2016: Sterlite Tech wins 2 Frost & Sullivan 2016 Awards
2017: Sterlite Tech won the Wireless Broadband Alliance (WBA) Industry Award 2017 for the successful deployment of India's First Live Smart Services City in Gandhinagar, Gujarat.
2018: STL acquired Metallurgica Bresciana- an Italian specialized optical cable manufacturer.
2019: Building one of the world’s largest Greenfield semiconductor-grade optical fibre perform plants - Gauav, in Aurangabad India.
2019: Acquisition of UK based impact data solution (IDS) to strengthen design and development offerings for hyper scale data centers.
2019: Strategic partnerships with various entities like TIP, ONAP, O-RAN, and ONF to create higher-speed, lower cost, more secure, programmable, and more reliable networks for the future.
2020: The company made strategic investment in ASOCS - a developer of open, disruptive, and virtualized Radio Access Network (vRAN) solutions, delivering 4G and 5G for cellular networks.

Delivery View Details

Delivered Qty

Traded Qty

Performance View Details

1 Day		+0.11%
1 Week		+0.15%
1 Month		+1.41%
3 Month		+3.46%
6 Month		+28.85%
1 Year		+71.16%
2 Year		+84.60%
5 Year		+211.62%

Ratios View Details

	9 years	2013-03	2014-03	2015-03	2016-03	2017-03	2018-03	2019-03	2020-03	2021-03
Return on Equity (%)		2.13	-3.49	-0.33	17.59	27.64	36.24	40.64	23.69	12.99
Return on Capital Employed (%)		4.84	3.49	5.33	7.96	20.10	27.84	31.32	18.50	12.29
Return on Assets (%)		0.57	-0.64	-0.05	2.91	7.99	11.03	10.54	5.80	3.24

Particulars	9 years	2013-03 Rs. Cr.	2014-03 Rs. Cr.	2015-03 Rs. Cr.	2016-03 Rs. Cr.	2017-03 Rs. Cr.	2018-03 Rs. Cr.	2019-03 Rs. Cr.	2020-03 Rs. Cr.	2021-03 Rs. Cr.
Shh. Funds		1,159	1,110	1,496	755	880	1,175	1,719	1,920	1,987
Non Curr. Liab.		2,012	3,676	4,604	626	573	751	1,057	1,366	1,499
Curr. Liab.		2,180	2,119	2,258	1,203	1,409	1,704	4,384	3,978	4,535
Minority Int.		13	21	23	31	45	82	95	103	98
Equity & Liab.		5,365	6,926	8,380	2,614	2,908	3,712	7,256	7,367	8,119
Non Curr. Assets		3,679	5,497	6,417	1,379	1,435	1,756	3,037	3,587	3,585
Curr. Assets		1,685	1,429	1,963	1,236	1,473	1,956	4,219	3,780	4,535
Misc. Exp. not W/O
Total Assets		5,365	6,926	8,380	2,614	2,908	3,712	7,256	7,367	8,119

Profit Loss View Details

Consolidated
Standalone

Particulars	9 years	2013-03 Rs. Cr.	2014-03 Rs. Cr.	2015-03 Rs. Cr.	2016-03 Rs. Cr.	2017-03 Rs. Cr.	2018-03 Rs. Cr.	2019-03 Rs. Cr.	2020-03 Rs. Cr.	2021-03 Rs. Cr.
Net Sales		3,092	2,564	3,097	2,144	2,449	3,179	5,092	5,161	4,835
Other Income		15	23	57	64	23	39	37	34	43
Total Income		3,108	2,586	3,154	2,208	2,472	3,218	5,129	5,195	4,878
Total Expenditure		-2,869	-2,291	-2,644	-1,737	-1,964	-2,468	-4,010	-4,145	-4,064
PBIDT		238	296	511	470	508	750	1,118	1,050	814
Interest		-106	-180	-327	-119	-123	-104	-105	-221	-203
Depreciation		-89	-131	-184	-126	-125	-148	-157	-245	-249
Taxation		-18	-24	-4	-65	-40	-133	-278	-109	-111
Exceptional Items									-51
PAT		24	-40	-4	160	221	365	578	424	251

Cash Flow View Details

Consolidated
Standalone

Particulars	9 years	2013-03 Rs. Cr.	2014-03 Rs. Cr.	2015-03 Rs. Cr.	2016-03 Rs. Cr.	2017-03 Rs. Cr.	2018-03 Rs. Cr.	2019-03 Rs. Cr.	2020-03 Rs. Cr.	2021-03 Rs. Cr.
Cash Fr. Operatn.		283	264	393	215	489	729	631	696	638
Cash Fr. Inv.		-1,495	-1,727	-1,172	-156	-232	-582	-1,172	-627	-619
Cash Fr. Finan.		1,545	1,079	850	-81	-187	-152	570	-68	23
Net Change		333	-384	71	-22	69	-5	29	2	43
Cash & Cash Eqvt		469	84	155	60	130	121	149	153	200

Shareholding Pattern View Details

	9 Qtrs	2019-06 (%)	2019-09 (%)	2019-12 (%)	2020-03 (%)	2020-06 (%)	2020-09 (%)	2020-12 (%)	2021-03 (%)	2021-06 (%)
Promoter		53.83	53.68	53.65	53.63	54.16	54.76	54.59	54.46	54.36
Public		46.17	46.32	46.35	46.37	45.84	45.24	45.41	45.54	45.64
Depository Receipts		0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Promoter Holding Pledge (%)		0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Announcements View Details

Fri, 17 Sep 2021
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Sub: Outcome of Analyst/ Institutional Investor Meetings
Ref.: Scrip ID - STLTECH/ Scrip Code - 532374
Dear Sir/Madam
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we wish to
inform you the outcome of Investor Meet held as detailed below :-

Fri, 17 Sep 2021
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Sub: Outcome of Analyst/ Institutional Investor Meeting
Ref.: Scrip ID - STLTECH/ Scrip Code - 532374

Dear Sir/Madam
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we wish to
inform you the outcome of Investor Meet held as detailed below :-
Date Name of the analyst / Institutional Investor Venue of the
Meeting
Type of the Meeting
Sep 16 2021 Virtual meeting with
Kotak Securities PCG Desk and Clients
virtual Meeting Group Meeting

The Companys presentation in this regard is attached herewith.
Kindly take the above on your record & acknowledge the receiptDear Sir/Madam
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we wish to
inform you the outcome of Investor Meet held as detailed below :

Fri, 17 Sep 2021
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Subject: Regulation 39(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015

Ref.: Scrip ID - STLTECH/ Scrip Code - 532374

Dear Sir/Madam

Pursuant to Regulation 39(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015; we are forwarding the details of information for loss of share certificate and requests for issuance of duplicate share certificates received by us from our shareholder through our RTA i.e. Kfin Technologies Private Limited on September 17 2021:-

Technical Scans View Details

Fri, 17 Sep 2021

Close Within 52 Week High Zone

Bullish Harami Cross

Thu, 16 Sep 2021

Closing Below Previous Low