Sterlite Technologies Ltd.
Snapshot View

276.25 +0.30 ▲0.1%

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

Overview View Details

Sector Electricals Compare with Sector peers
Industry Cable Compare with Industry peers
Website http://www.stl.tech
Financial Indicators
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.

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%
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

Balance Sheet View Details

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

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

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 Close Within 52 Week High Zone
Bullish Harami Cross Bullish Harami Cross
Thu, 16 Sep 2021
Closing Below Previous Low Closing Below Previous Low
Close Within 52 Week High Zone Close Within 52 Week High Zone
CCI Bearish CCI Bearish

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