Analysts/Institutional Investor Meet/Con. Call Updates

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 plans to invest ₹1,000 Cr annually over the next three years to boost manufacturing capacity by 50% and establish a new facility for connectivity solutions.

The strategic aim is to become a top 5 global optical connectivity player, capitalizing on tech-led differentiation.

Sentiment is highly optimistic regarding future growth.