S

Sterlite Technologies Limited

STLTECHNSE
Market snapshot · 2026-08-11 00:31 UTC

637.75

₹-1.15 (-0.18%)

MARKET CAP

₹32.77K Cr

STOCK P/E

138.6x

52W HIGH

₹679.90

52W LOW

₹84.60

BOOK VALUE

₹46.46

EPS

₹4.60

ROE

SECTOR

Communication Services

DEBT/EQUITY

85.63

VOLUME

13.12L

P/B RATIO

13.73x

PEG RATIO

0.08

Sector

Communication Services

Themes

Telecom Equipments5G
₹654.35₹512.86₹371.37₹229.88₹88.39VolumeAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Sterlite Technologies is a telecom equipment manufacturer supplying optical connectivity infrastructure. Optical fibre, specialty cables, and connectivity products drive its core revenue, alongside multiverse and access-network distribution solutions and the Neox communication platform. Its ₹960-crore, multi-year fibre supply deal improves revenue visibility and could support manufacturing utilisation and margins, although the precise margin benefit remains undisclosed. Profit growth rose 145.5% year-on-year against 19.3% revenue growth, while margins remained stable, suggesting operating leverage or a low-base effect. ROE is unavailable, and debt/equity of 85.63 indicates extreme leverage that can materially distort and pressure shareholder returns. At 138.9 times earnings, the stock is overvalued and trades at a substantial premium to its growth rate. Neutral sentiment reflects the open question of whether contract-led growth can justify this multiple while leverage remains elevated.

Valuation Metrics

Trading 397.3% above historical median. Valuation is rising — currently in the strongly overvalued zone (z-score: +3.76). Confidence: 50%.

Live forward EPS implies next-12-month EPS of ₹22.75. Applying the stock's normalized valuation corridor produces a fair range of ₹563.97 to ₹737.33, with base value near ₹635.41 (-0.4% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Inside normalized range

Forward EPS

₹22.75

Forward P/E

28.0x

Base Fair Value

₹635.41

Fair Range

₹563.97 - ₹737.33

Upside To Base

-0.4%

Estimate Source

Live forward EPS

Growth Estimate

+1755.0%

P/E
Strongly Overvalued

5Y Average

39.39

Current

138.89

Overvalued

32.41

Undervalued

24.79

P/S
Strongly Overvalued

5Y Average

1.65

Current

5.81

Overvalued

1.60

Undervalued

1.08

EV/EBITDA
Strongly Overvalued

5Y Average

11.93

Current

42.00

Overvalued

11.55

Undervalued

7.79

Peers & Comparison

Sector: Communication Services · Theme: Telecom Equipments

Telecom Equipments Peers6 peers
Avg P/E: 43.8x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
HFCL LIMITED
HFCLTelecom Equipments
+119.9%9.6%
55.3x
Premium
+26% vs avg
+184.2%
ITI LTD
ITITelecom Equipments
-40.0%13.4%
93.8x
Premium
+114% vs avg
-6.1%
TEJAS NETWORKS LIMITED
TEJASNETTelecom Equipments
+99.1%-70.4%
-8.8%
TATA COMMUNICATIONS LTD
TATACOMMTelecom Services
+10.5%3.7%
52.4x
Premium
+20% vs avg
+5.4%
VODAFONE IDEA LIMITED
IDEATelecom Services
+3.2%77.1%
4.0x
Undervalued
-91% vs avg
+92.9%
INDUS TOWERS LIMITED
INDUSTOWERTelecom Infrastructure
+4.6%21.8%
13.6x
Undervalued
-69% vs avg
+14.4%
WHY THESE PEERS

STERLITE TECHNOLOGIES LTD trades at a premium (138.6x vs peer avg 43.8x), implying higher growth or quality expectations from the Telecom Equipments cohort. Peers include HFCL LIMITED, ITI LTD, TEJAS NETWORKS LIMITED — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Financial chart data is not available for this company right now.

Results

Income statement data not available.

All values in ₹ Crores unless otherwise stated. Source: Company filings.

Shareholding Pattern

HolderMar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters44.16%44.40%44.45%44.44%44.44%
FII7.28%6.74%11.28%10.93%11.47%
DII11.59%11.33%10.79%11.04%10.83%
Public29.52%30.05%26.69%26.92%25.49%
Others7.45%7.48%6.79%6.67%7.77%
Mar 2026
Promoters
FII
DII
Public
Others