Sterlite Technologies (STLTECH)₹670.95−5.00%Telecom - Equipment & Accessories
In the Sep 2026 quarter (consolidated), Sterlite Technologies reported sales of ₹2,525 Cr, up 144.6% from Sep 2025, and net profit of ₹515 Cr, up 12,810.0% year on year. For the year to Mar 2026, sales were ₹4,738 Cr and net profit ₹55.87 Cr.
Company filings, consolidated accounts; latest reported quarter Sep 2026
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,319 | 842 | 871 | 1,073 | 997 | 1,051 | 1,018 | 1,032 | 1,256 | 1,439 | 1,909 | 2,525 |
| Expenses | 1,235 | 815 | 811 | 959 | 895 | 930 | 890 | 907 | 1,140 | 1,250 | 1,529 | 1,721 |
| Operating Profit | 89.69 | 30.94 | 63.81 | 117 | 106 | 125 | 132 | 129 | 120 | 194 | 384 | 810 |
| OPM % | 7.0% | 3.7% | 7.0% | 11.0% | 11.0% | 12.1% | 13.0% | 12.0% | 10.0% | 14.0% | 20.1% | 32.0% |
| Other Income | 12.01 | 24.01 | 7.99 | 4.99 | −3.99 | −23.99 | 7.99 | 12.01 | −6.01 | 53.98 | 12.01 | 34.01 |
| Interest | 94.35 | 71.24 | 56.16 | 62.19 | 58.22 | 65.18 | 50.16 | 55.20 | 56.18 | 63.25 | 55.15 | 63.27 |
| Depreciation | 83.69 | 80.75 | 77.74 | 78.76 | 79.73 | 78.65 | 76.65 | 79.67 | 78.71 | 76.76 | 84.71 | 109 |
| Profit before tax | −76.02 | −97.11 | −62.06 | −19.03 | −36.01 | −43.05 | 13.01 | 6.01 | −21.03 | 109 | 257 | 675 |
| Tax % | −22.0% | −15.0% | −23.0% | −26.0% | −33.0% | −7.0% | 23.0% | 33.0% | −19.0% | 46.0% | 23.0% | 23.0% |
| Exceptional items | −8.01 | 11.01 | 0.00 | 3.01 | −9.01 | −45.02 | 0.00 | 0.00 | −10.01 | 17.02 | 0.00 | 0.00 |
| Net Profit | −58.78 | −81.75 | −47.84 | −13.96 | −23.94 | −39.87 | 9.98 | 3.99 | −16.94 | 58.86 | 196 | 515 |
| EPS (Rs) | −1.44 | −2.06 | −0.99 | −0.30 | −0.50 | −0.83 | 0.21 | 0.09 | −0.36 | 1.22 | 4.05 | 10.08 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,143 | 2,446 | 3,174 | 5,083 | 5,146 | 4,814 | 5,426 | 6,913 | 4,076 | 3,992 | 4,738 | 7,128 |
| Expenses | 1,690 | 1,935 | 2,439 | 3,979 | 4,094 | 4,025 | 4,783 | 6,042 | 3,624 | 3,590 | 4,191 | 5,640 |
| Operating Profit | 458 | 517 | 743 | 1,116 | 1,067 | 809 | 663 | 893 | 470 | 415 | 567 | 1,508 |
| OPM % | 21.0% | 21.0% | 23.0% | 22.0% | 21.0% | 17.0% | 12.0% | 13.0% | 12.0% | 10.0% | 12.0% | 21.2% |
| Other Income | 10.01 | 19.99 | 38.01 | 37.01 | −24.99 | 54.01 | −21.99 | −63.99 | 74.01 | −14.99 | 74.97 | 93.99 |
| Interest | 119 | 123 | 104 | 105 | 222 | 204 | 239 | 312 | 294 | 242 | 225 | 238 |
| Depreciation | 126 | 158 | 181 | 194 | 289 | 284 | 307 | 308 | 313 | 315 | 312 | 349 |
| Profit before tax | 225 | 257 | 498 | 856 | 534 | 377 | 97.07 | 211 | −62.07 | −156 | 107 | 1,020 |
| Tax % | 29.0% | 15.1% | 27.0% | 32.0% | 20.1% | 30.0% | 54.0% | 40.0% | −8.0% | −21.0% | 48.0% | — |
| Exceptional items | 0.00 | 0.00 | −0.99 | 1.01 | −37.03 | 2.01 | −8.01 | −1.01 | 21.02 | 4.01 | 30.03 | 7.01 |
| Net Profit | 160 | 217 | 363 | 576 | 422 | 264 | 44.83 | 127 | −56.83 | −123 | 55.87 | 753 |
| EPS (Rs) | 3.90 | 5.07 | 8.36 | 14.01 | 10.76 | 6.96 | 1.52 | 3.55 | −1.29 | −2.53 | 1.16 | 14.99 |
| Dividend payout % | 3.0% | 25.0% | 24.0% | 25.0% | 33.0% | 29.0% | 33.0% | 28.0% | 0.0% | 0.0% | 0.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 78.72 | 78.66 | 79.69 | 79.67 | 80.68 | 80.64 | 78.69 | 79.72 | 79.65 | 79.75 | 97.62 | 97.58 |
| Reserves | 1,010 | 677 | 802 | 1,097 | 1,643 | 1,843 | 1,913 | 1,879 | 2,013 | 1,947 | 1,896 | 2,175 |
| Borrowings | 5,718 | 1,082 | 1,090 | 1,176 | 2,062 | 2,572 | 2,938 | 3,469 | 3,826 | 3,368 | 1,923 | 1,938 |
| Other Liabilities | 1,576 | 775 | 938 | 1,359 | 3,222 | 2,698 | 3,119 | 3,284 | 2,885 | 2,876 | 1,523 | 2,073 |
| Total Liabilities | 8,382 | 2,612 | 2,910 | 3,712 | 7,007 | 7,194 | 8,049 | 8,712 | 8,804 | 8,270 | 5,440 | 6,283 |
| Fixed Assets | 4,048 | 1,134 | 1,311 | 1,231 | 2,460 | 3,053 | 3,166 | 3,345 | 3,237 | 3,200 | 2,919 | 2,963 |
| CWIP | 2,203 | 173 | 66.27 | 358 | 421 | 133 | 228 | 144 | 130 | 62.26 | 23.09 | 19.08 |
| Investments | 59.13 | 16.04 | 49.11 | 175 | 135 | 334 | 304 | 92.12 | 136 | 123 | 90.18 | 468 |
| Other Assets | 2,074 | 1,289 | 1,484 | 1,948 | 3,991 | 3,673 | 4,350 | 5,131 | 5,301 | 4,885 | 2,408 | 2,834 |
| Inventories | 415 | 205 | 333 | 338 | 591 | 453 | 627 | 921 | 834 | 823 | 738 | 907 |
| Trade receivables | 831 | 706 | 685 | 865 | 1,353 | 1,559 | 1,448 | 1,701 | 1,818 | 1,593 | 824 | 1,063 |
| Cash & equivalents | 375 | 77.84 | 137 | 138 | 233 | 244 | 248 | 529 | 506 | 402 | 467 | 322 |
| Total Assets | 8,382 | 2,612 | 2,910 | 3,712 | 7,007 | 7,194 | 8,049 | 8,712 | 8,804 | 8,270 | 5,440 | 6,283 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 393 | 215 | 487 | 727 | 630 | 695 | 637 | 583 | 228 | 790 | 347 | 520 |
| Cash from investing activity | −1,173 | −128 | −232 | −586 | −1,174 | −625 | −615 | −482 | −56.05 | −211 | −296 | −486 |
| Cash from financing activity | 852 | −81.07 | −187 | −152 | 571 | −68.08 | 23.03 | 115 | −132 | −692 | 4.01 | −133 |
| Net cash flow | 70.83 | 5.99 | 68.84 | −8.97 | 28.92 | 3.99 | 45.91 | 217 | 39.87 | −111 | 56.85 | −97.73 |
| Capex | 1,158 | 224 | 213 | 457 | 837 | 420 | 455 | 686 | 375 | 280 | 137 | 193 |
| Free cash flow | −761 | −9.02 | 276 | 274 | −172 | 314 | 184 | −8.02 | −121 | 546 | 227 | 345 |
| CFO / OP % | 90.0% | 57.0% | 108.9% | 112.9% | 75.9% | 82.0% | 83.9% | 111.9% | 28.0% | 196.9% | 96.9% | 101.9% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 98 | 121 | 102 | 100 | 97 | 111 | 110 | 115 | 96 | 143 | 75 | 82 |
| Inventory days | 84 | 79 | 123 | 98 | 88 | 68 | 96 | 122 | 93 | 179 | 135 | 140 |
| Days payable | 180 | 141 | 164 | 188 | 281 | 212 | 296 | 319 | 238 | 472 | 188 | 204 |
| Cash conversion cycle | 1 | 57 | 60 | 8 | −97 | −34 | −91 | −83 | −50 | −151 | 22 | 16 |
| Working capital days | −86 | −8 | −16 | −5 | −36 | −48 | −33 | −29 | −46 | −87 | −63 | −30 |
| ROCE % | 5.0% | 8.0% | 20.0% | 27.0% | 30.0% | 19.0% | 12.0% | 8.0% | 11.0% | 3.0% | 3.0% | 8.0% |
For the Sep 2026 quarter, Sterlite Technologies reported sales of ₹2,525 Cr, up 144.6% year on year and net profit of ₹515 Cr, up 12,810.0% year on year. The operating margin was 32.0%.
Sterlite Technologies' sales for the year to Mar 2026 were ₹4,738 Cr; over the last twelve months they were ₹7,128 Cr.
Net profit for the year to Mar 2026 was ₹55.87 Cr, and ₹753 Cr over the last twelve months. Earnings per share over the same trailing period were ₹14.99.
Sterlite Technologies reported borrowings of ₹1,938 Cr at Mar 2026, against cash and equivalents of ₹322 Cr.
Cash from operations was ₹520 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹345 Cr.