Added to YB: 2026-05-06
Pitch date: 2026-04-08
STLTECH.NS [neutral]
Sterlite Technologies Limited
+53.65%
current return
Author Info
Abhay is identifying high conviction ideas & providing insights on thematic investing. Sign up for the newsletter.
Company Info
Sterlite Technologies Limited, together with its subsidiaries, manufactures and sells telecom products in India and internationally.
Market Cap
INR 144.0B
Pitch Price
INR 201.50
Price Target
N/A
Dividend
N/A
EV/EBITDA
25.50
P/E
265.72
EV/Sales
3.33
Sector
Communications Equipment
Category
growth
Sterlite Technologies Limited - $STLTECH.NS
STLTECH.NS (deep dive): India's vertically integrated optical fiber maker, glass-to-gigabit model vs resellers. 50% utilization on 50M+ fkm capacity; mgmt guides 70% util drives EBITDA margin 14%→20%. N America rev 25%→36% on AI datacenter demand (864-fiber celesta ibr cable). Bead program catalyst H2 FY26. Order book ₹5,325cr (+40% YoY). Risks: Prysmian ₹810cr litigation, Chinese pricing pressure, util stuck <60%. 2x net debt/EBITDA post-demerger.
Read full article (12 min)