Sterlite Technologies Limited
Sterlite Technologies Limited was established in July 2001 after the demerger of the telecom division of Sterlite Industries Ltd (SIL). In July 2006, STL acquired the transmission line business of SIL to foray into the power transmission cables business. STL has grown over the years to become the largest Optical Fiber and Optical Fiber Cables manufacturer in the country. The company also has sizeable presence in the…
What Sterlite files
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STLTECH: Sterlite Technologies Limited has informed the Exchange regarding allotment of shares under ESOP Scheme 2010 and 2016.
Sterlite Technologies Limited has secured US Plenum certification for its IBR pre-terminated fiber trunk assemblies. This compliance strengthens its data center portfolio, enabling fast, safe, and high-performance indoor connectivity for next-generation AI infrastructure and hyperscale environments.
STL unveils 'Lakshya,' its FY29 growth plan, targeting 20,000 crore revenue (over 4x FY26's 4,750 crore) and 27%+ EBITDA margins (up from 13.2%). This ambition is fueled by expanding optical demand, driven by AI data centers and Data Center Interconnect (DCI), shifting from "connecting people" to "connecting intelligence." The company...
Sterlite Technologies presented its "Lakshya" Growth Roadmap for FY27-29, targeting ₹20,000 Cr revenue by FY29, a 4x increase from FY26's ~₹4750 Cr, with EBITDA projected to rise from ~13% to over 27%. The company sees strong optical demand driven by 5G, broadband expansion, and exploding AI data center growth. STL...
Sterlite Technologies approved a ~50% capacity expansion, investing ~₹3,000 Cr by FY29 end, funded by accruals/debt. This aims to meet global demand for Optical Fiber Cables and strengthen manufacturing for future growth.