āagman

Not investment advice. Data and computed figures, for information only.

Sterlite Technologies Ltd

NSE: STLTECH
₹405.15
+₹6.85 (+1.72%)
NSE · 13 May 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹52,187 Cr
CMP
₹405.15
52-wk High / Low
₹414 / 85
P/E
221.0
P/B
21.8
Book Value
₹46.5
Div Yield
0.00%
ROCE
8.0%
ROE
1.2%
Face Value
₹2
D/E
0.86

Price+560.0% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 13 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
7
/ 9
7 of 9 F-score tests passed
Graham Number
₹35
√(22.5 × EPS × book value per share)
ROIC
3.2%
vs 4.9% sector median
Cash flow to profit
9.29
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
+720
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
1.2%
ROE × earnings retention ratio
ROE stability
4.3
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom −2.15FII +8.24DII +2.43
Latest quarter vs the previous one
Cash-accrual divergence
−7.9%
of assets
Low = accruals track cash flow
Strengths
+FII holding rose by 11.7pp over the last year
+Piotroski F-Score of 7/9 is in the strong band (≥7)
Watch-outs
−Latest ROCE of 8% trails the sector median of 11%
−Borrowings are up 79.0% since FY2016 (1085 to 1942)
−Promoter holding fell by 11.8pp over the last year

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,5221,4941,3228438721,0749981,0521,0191,0341,2571,4411,910
Expenses1,3081,2811,2328128089578929278879051,1371,2461,525
Operating Profit214213903164117106125132129120195385
OPM %14.1%14.3%6.8%3.7%7.3%10.9%10.6%11.9%13.0%12.5%9.5%13.5%20.2%
Other Income3011122485−4−24812−65412
Interest92959471566258655055566355
Depreciation81858481787980797780797785
Profit before tax7144−76−97−62−19−36−43136−21109257
Net Profit5232−59−82−48−14−24−40104−1759197
EPS (₹)1.350.85−1.43−2.05−0.98−0.29−0.49−0.820.200.08−0.351.214.04

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales3,0972,1442,4493,1775,0875,1544,8255,4376,9254,0833,9964,7455,642
Expenses2,6341,6851,9292,4313,9684,0854,0154,7726,0303,6123,5804,1764,813
Operating Profit4634595197461,1201,069811665895471416569829
OPM %14.9%21.4%21.2%23.5%22.0%20.7%16.8%12.2%12.9%11.5%10.4%12.0%14.7%
Other Income4910203837−2554−22−6474−157572
Interest327119123104105221203238311293241224229
Depreciation185126159182195290285308309314316313321
Profit before tax022525749785653337797211−62−156107351
Net Profit−416021836457842426545127−57−12356243
EPS (₹)−0.073.895.068.3413.9810.746.951.513.54−1.28−2.521.154.98

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital797980808181798080809898—
Reserves1,0086768001,0951,6391,8391,9081,8752,0111,9431,8922,170—
Borrowings5,7251,0851,0921,1782,0672,5772,9443,4753,8343,3761,9261,942—
Other Liabilities1,5687759381,3593,2262,6983,1243,2812,8862,8791,5302,078—
Total Liabilities8,3802,6142,9113,7127,0127,1958,0558,7118,8118,2785,4466,288—
Fixed Assets4,0551,1371,3131,2342,4683,0603,1743,3513,2463,2092,9282,971—
CWIP2,19317266357419133227143129622319—
Investments5916491751353333039213612390467—
Other Assets2,0741,2891,4831,9463,9903,6694,3505,1255,3004,8842,4052,831—
Total Assets8,3802,6142,9113,7127,0127,1958,0558,7118,8118,2785,4466,288—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity393215488729631696638584228791348520
Cash from Investing Activity−1,172−128−232−586−1,172−624−615−481−56−211−295−485
Cash from Financing Activity850−81−187−152570−6823115−132−6914−133
Net Cash Flow71669−92944621840−11157−98

Ratios

As of 31 Mar 2026
12 periods
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %5.08.020.027.030.019.012.08.011.03.03.08.0
ROE %———————————1.2
EPS (₹)−0.073.895.068.3413.9810.746.951.513.54−1.28−2.521.15
Book Value (₹)———————————46.5
Face Value (₹)———————————2
P/E———————————221.0
Div Yield %———————————0.00
NPM %−0.17.48.811.311.38.35.40.81.9−1.4−3.11.2
OPM %15.021.021.023.022.021.017.012.013.012.010.012.0
D/E5.271.441.241.001.201.341.481.781.831.670.970.86
P/B———————————21.8

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+8.0%
5 years+0.0%
3 years−12.0%
TTM+36.0%
Compounded profit growth
10 years−16.0%
5 years−37.0%
3 years−43.0%
TTM+1,490.0%
Stock price CAGR
10 years+32.0%
5 years+38.0%
3 years+105.0%
Last year+770.0%
Return on equity
10 years11.0%
5 years0.0%
3 years−3.0%
Last year1.0%

Shareholding pattern

As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters54.49%54.49%54.49%54.03%53.82%53.63%54.46%54.16%54.06%53.98%44.16%44.44%42.29%
FIIs7.06%7.06%7.06%8.54%6.01%4.22%5.11%6.14%7.99%5.02%7.28%11.47%19.71%
DIIs11.34%11.34%11.34%11.22%10.82%6.41%8.63%7.97%2.09%2.00%11.60%10.84%13.27%
Government—————————————
Public27.11%27.11%27.11%26.21%29.35%35.73%31.80%31.72%35.86%38.99%36.95%33.24%24.74%
No. of shareholders1,17,9791,17,9791,17,9791,27,5871,77,5712,03,4141,83,7151,97,7232,05,9292,32,6692,38,3572,12,1622,35,524
Change since Jun 2023 (pp)
Promoters −12.20FIIs +12.65DIIs +1.93Public −2.37

Documents

As of 11 Oct 2026
Announcements
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationBoard Meeting Intimation for Approval Of Unaudited Financial Results For The Quarter And Half Year Ended September 30, 2026.Announcement under Regulation 30 (LODR)-Newspaper PublicationAnnouncement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Sep 2026TranscriptSep 2026RecordingJul 2026TranscriptJul 2026PPTJul 2026RecordingMay 2026TranscriptMay 2026PPTMay 2026RecordingJan 2026TranscriptJan 2026PPTJan 2026RecordingNov 2025TranscriptNov 2025PPTNov 2025Recording

Corporate actions

As of 24 Apr 2025
24 Apr 2025DEMERGERDemerger—
8 Aug 2023DIVIDENDAnnual General Meeting/Dividend - Re 1 Per Share—
22 Aug 2022DIVIDENDAnnual General Meeting/Dividend - Rs 0.50 Per Share—
20 Aug 2021DIVIDEND Annual General Meeting/Dividend - Rs 2 Per Share—
27 Aug 2020DIVIDEND Annual General Meeting/Dividend - Rs 3.50 Per Share—
18 Jul 2019DIVIDEND Annual General Meeting/Dividend- Rs 3.50 Per Share—
21 Jun 2018DIVIDEND Annual General Meeting/Dividend- Rs 2 Per Share—
29 Jun 2017DIVIDEND Annual General Meeting/Dividend - Rs 0.75 Per Share—
10 Nov 2016DIVIDEND Interim Dividend Re 0.50 Per Share (Purpose Revised)—
25 Aug 2016DIVIDEND Annual General Meeting/ Dividend - Re 1/- Per Share—
23 Jul 2015DIVIDENDAnnual General Meeting/ Dividend - Re 0.60/- Per Share—
7 Aug 2014DIVIDENDAnnual General Meeting/Dividend Re 0.30/- Per Share—
29 Jul 2013DIVIDENDAnnual General Meeting / Dividend - Re 0.30/- Per Share—
4 Sep 2012DIVIDENDAnnual General Meeting And Dividend Re.0.30 Per Share—
9 Sep 2011DIVIDENDAnnual General Meeting/Dividend Re 0.50 Per Share—
5 Jul 2010DIVIDENDAnnual General Meeting And Final Dividend Re.0.50 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman