Sterlite Technologies Limited
STL is a leading manufacturer of OFs and OFCs. The company set up a 50:50 joint venture with Conduspar Condutores Eletricos in July 2013 to manufacture OFCs in Brazil. In 2018, STL acquired Mettalurgica Bresciana, an OFC manufacturer based in Italy.
Key Metrics
EPS
-1.28
Current ratio
0.90
Debt/Equity
2.07
Debt/EBITDA
6.55
Interest coverage ratio
0.82
Operating Cashflow to total debt
0.19
Financials
Pros & Cons
Exclusive on TAP Bonds
Here's what we like about this company and potential risks we have identified.
Pros
Leading position in Indian telecom cables business and increasing market share in global markets
Healthy capability and growth prospects with sizeable order book
Comfortable financial risk profileImproving profitability
Liquidity: Strong
Cons
Exposure to intense competition in the overseas markets
Large working capital requirement
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About Sterlite Technologies Limited bond.
This comprehensive profile covers key factual information about STERLITE TECHNOLOGIES LIMITED. STL is a leading manufacturer of OFs and OFCs. The company set up a 50:50 joint venture with Conduspar Condutores Eletricos in July 2013 to manufacture OFCs in Brazil. In 2018, STL acquired Mettalurgica Bresciana, an OFC manufacturer based in Italy. EPS in Mar-2024 was -1.28. Current ratio in Mar-2024 was 0.90. Debt/Equity in Mar-2024 was 2.07. Debt/EBITDA in Mar-2024 was 6.55. Interest coverage ratio in Mar-2024 was 0.82. Operating Cashflow to total debt in Mar-2024 was 0.19. Total revenue for Mar-2025 was ₹5867.00. Net income for Mar-2025 stood at ₹81.89. Total assets as of Mar-2024 were ₹8278.00. Operating cash flow for Mar-2024 was ₹791.00. The company’s borrowing relationships include Axis Bank Limited (₹N/A Cr), IDFC FIRST Bank Limited (₹N/A Cr), Export Import Bank of India (₹N/A Cr), Citibank N. A. (₹N/A Cr), CTBC Bank Co Limited (₹N/A Cr), RBL Bank Limited (₹N/A Cr), State Bank of India (₹N/A Cr), Bank of Baroda (₹N/A Cr), The Federal Bank Limited (₹N/A Cr), Emirates NBD Bank PJSC (₹N/A Cr), IndusInd Bank Limited (₹N/A Cr), IDBI Bank Limited (₹N/A Cr), Deutsche Bank A. G. (₹N/A Cr), Union Bank of India (₹N/A Cr), Emirates NBD Bank PJSC (₹N/A Cr), YES Bank Limited (₹N/A Cr), Qatar National Bank (Q.P.S.C.) (₹N/A Cr), Shinhan Bank (₹N/A Cr), HDFC Bank Limited (₹N/A Cr), YES Bank Limited (₹N/A Cr), Axis Bank Limited (₹N/A Cr), Deutsche Bank A. G. (₹N/A Cr), Union Bank of India (₹N/A Cr), State Bank of India (₹N/A Cr), DBS Bank Limited (₹N/A Cr), ICICI Bank Limited (₹N/A Cr), Bank of Baroda (₹N/A Cr), RBL Bank Limited (₹N/A Cr), The Federal Bank Limited (₹N/A Cr), IDBI Bank Limited (₹N/A Cr), ICICI Bank Limited (₹N/A Cr), IDFC FIRST Bank Limited (₹N/A Cr), IndusInd Bank Limited (₹N/A Cr), ICICI Bank Limited (₹N/A Cr), HDFC Bank Limited (₹N/A Cr), Export Import Bank of India (₹N/A Cr), (₹N/A Cr), Bank of Baroda (₹N/A Cr). Peers and comparison entities consist of STERLITE TECHNOLOGIES LIMITED, ITI Limited, Tejas Networks Limited, HFCL Limited. As of Dec 2024, promoters hold N/A% while others hold N/A% of equity. Key strengths include: Leading position in Indian telecom cables business and increasing market share in global markets; Healthy capability and growth prospects with sizeable order book; Comfortable financial risk profileImproving profitability; Liquidity: Strong. Key risks include: Exposure to intense competition in the overseas markets; Large working capital requirement. Leadership team details include Amit Deshpande (Company Secretary & Compliance Officer), Amrita Gangotra (Independent Director), Anil Kumar Agarwal (Non Executive Chairman), Anjali Byce (Group Chief Human Resources Officer), Ankit Agarwal (Managing Director), B J Arun (Independent Director), Badri Gomatam (Group Chief Technology Officer), Khushboo Chawla (Global Head), Kumud Srinivasan (Independent Director), Paul Atkinson (Chief Executive Officer), Praveen Cherian (Chief Executive Officer), Pravin Agarwal (Vice Chairman & Whole Time Dir), Raman Venkatraman (Chief Executive Officer), S Madhavan (Independent Director), Tushar Shroff (Group CFO), Venkatesh Murthy (Director - Operations). This detailed corporate overview is structured to provide a thorough understanding of all available data points, enhance search visibility, and support investor analysis.