Sterlite TechnologiesNSE:STLTECH
Current view Q1 2027
Makes optical fibre and cable end to end, one of few firms worldwide. Data centres went 1% to 21% in a quarter; the order book is ₹18,618 cr - 2.4 years of sales - anchored by a $1.1 bn hyperscaler deal to FY29, and it is net cash. But it is already turning orders away.
Latest exchange filings last 5 · 5 after Q1 2027
- 10 Sep ’26Allotment of shares under ESOP Scheme 2010 and 2016. ↗
- 10 Sep ’26STL launched plenum-rated fiber trunk assemblies, securing OFNP and NFPA 262 certification for 48-576F IBR portfolio. ↗
- 7 Sep ’26STL unveils Lakshya: FY29 revenue target 20,000 crore, 27%+ EBITDA margin, and 1,000 crore annual capex. ↗
- 3 Sep ’26Investor meet presentation outlines FY27-29 roadmap, 1.5x capacity expansion, and ₹20,000 Cr FY29 revenue target. ↗
- 3 Sep ’26Board approved ~50% capacity addition at existing facility; ₹3,000 crore capex by end of FY29. ↗
Exchange filings, with the company's own one-line summary, read off the same page as the figures. Screener publishes only the most recent few, so this is the last 5 — not everything filed since your note, and a quiet-looking list is not proof of a quiet quarter. A filing is marked new when it is dated after the end of the quarter your note covers. Not scored, and not a judgement — a routine repayment notice and a takeover sit in the same list.
How this view changed
AI concall report · Q1 2027
The full earnings-call read behind this view — what management promised, what they delivered, and the earning trigger.
Growth Q1 2027
| Metric | This year vs lastYoY · vs Q1 2026 | vs the quarter beforeQoQ, sequential · vs Q4 2026 | 3-year yearly average3Y CAGR · compounded | 5-year yearly average5Y CAGR · compounded |
|---|---|---|---|---|
| Sales | ▲ +87.4% | +32.5% | −11.8% | −0.3% |
| Operating profit | ▲ +191.7% | +97.4% | −8.2% | −5.7% |
| EPS | ▲ +1920.0% | +233.9% | −31.3% | −30.2% |
| PAT | ▲ +1870.0% | +233.9% | — | — |
Tinted rows drive the Tier. Tier = the weaker of YoY Sales and YoY PAT growth. Here the weaker is Sales at +87.4%, which is ≥ 20% → Tier 1.
QoQ is sequential, not a trend. For most Indian companies the March quarter is seasonally the largest, so a June-quarter fall against it is a calendar effect. Only the YoY column feeds the Tier.
Multibagger potential
Weak32/100
⚠ Your own view here is Positive, and the figures are not. The note above is where the reason lives; the score only sees the numbers.
Earnings are shrinking, not growing. Profit per share fell 31% a year over the window measured. Nothing compounds from here until that turns, whatever the price does.
No forward view — earnings are not compounding, so there is nothing to project.
Multiple moved without the earnings — the return sits in sentiment.
How this is calculated
Band capped: earnings are not growing over the measured window.
Growth rate used: -31.3% — the weakest of EPS / Sales / Op-profit from 3-year EPS CAGR. Latest quarter reads 60%.
How it compares with its rivals Telecom · 6 of 10 listed
These are the industry's largest names rather than companies of its own size, so the columns are worth reading straight across — a ranking against them would only be restating the size gap.
| Company | Price | P/E | Size | ROCE | Profitlast qtr | Saleslast qtr |
|---|---|---|---|---|---|---|
| Sterlite Tech. | ₹830 | 180.7× | ₹42,667 Cr | 7.7% | +1870.0% | +87.4% |
| ITI | ₹255 | — | ₹24,556 Cr | 1.4% | +45.9% | −14.7% |
| Tejas Networks | ₹519 | — | ₹9,234 Cr | -14.6% | −4.3% | +99.1% |
| Optiemus Infra. | ₹592 | 73.5× | ₹5,339 Cr | 10.9% | +45.8% | +102.8% |
| Valiant Commun. | ₹1,383 | 59.3× | ₹1,617 Cr | 39.7% | +65.0% | +38.8% |
| Birla Cable | ₹405 | 26.3× | ₹1,215 Cr | 8.9% | +2190.3% | +51.1% |
Screener's own peer group, from the request already made for the industry P/E. It serves the industry's largest names by market cap, not companies of a similar size, so treat this as context rather than a like-for-like table; this company is always shown. On a phone the price, size and sales columns are dropped rather than pushed off the edge. Not part of the score.
Business quality to Jul 2026
| Are the margins widening? | wider, but it has moved around a lot | operating margin 14% → 20% over 3 years |
|---|---|---|
| Did the profit turn into cash? | more than all of it — reserves released cash too | 102% last year, 132% over three · free cash flow ₹344 cr, positive in 3 of 5 years |
| Is the growth borrowed? | borrowed about as much as it owns | ₹1,942 cr — 0.86× its own equity (was 0.97×) |
| Is it being collected? | collection is steady | 82 days to collect, up 7 in a year · cash cycle 16 days |
| Who has been buying? | the promoters have been selling | promoters 42.3% (−2.2 in a year), 54.0% → 42.3% over 2.6 years · FIIs 19.7% (+8.4) · DIIs 13.3% (+2.5) · shareholders 2,30,463 → 2,35,524 |
| What does it earn on its capital? | earns little on its capital | ROCE 7.7% · ROE 1.2% |
Fetched from the filings, not typed — and deliberately not part of the score. These are the questions the score cannot ask: it reads growth, price and trend, so a company can score well while its profit never becomes cash. Weigh these beside the note, not against the number.
Screener's own checklist not mine, not the score
In its favour
- Company is expected to give good quarter
Against it
- Stock is trading at 17.6 times its book value
- Promoter holding has decreased over last quarter: -2.15%
- The company has delivered a poor sales growth of -0.33% over past five years.
- Company has a low return on equity of -2.74% over last 3 years.
Generated by screener.in from a fixed checklist — not written by me and not an input to the score. It is here as a second machine opinion to weigh against the note; where it disagrees with the view above, the note is the considered one.