Sterlite Technologies Limited (STL) reported a strong financial performance for the year ended March 31, 2026. The company achieved revenues of INR 4,745 crore for FY26, representing an 18.8% year-on-year growth. A key highlight was a 110% surge in order intake compared to FY25, bringing the total open order book to INR 7,309 crore. The company saw consistent EBITDA margin expansion, driven by its strategic focus on AI-ready digital infrastructure.
FY’26 Financial Performance
Sterlite Technologies Limited (STL) showcased resilience and growth in its financial results for the fourth quarter and the full financial year ended March 31, 2026. The company reported annual revenue of INR 4,745 crore, an 18.8% growth compared to the previous year. For the fourth quarter specifically, revenue stood at INR 1,441 crore, reflecting a sequential growth of ~14.7%.
Profitability saw a positive trend, with EBITDA for the year reaching INR 628 crore at a margin of ~13.2%. The company has demonstrated sequential EBITDA margin improvement for six consecutive quarters, attributed to optimized product mix and higher operational utilization.
Strategic Growth in AI Data Centre Business
The company’s growth is increasingly tied to the AI and data centre sector. STL reported a transformative 110% surge in order intake over FY25, resulting in an open order book of INR 7,309 crore. This growth is supported by significant large-scale data centre and telecom projects in North America, Europe, and India.
STL continues to leverage its “Glass-to-Data Centre” vertical integration to build advanced, high-density, low-latency connectivity solutions. Key innovations in FY26 include the launch of Neuralis, an AI-data centre connectivity suite, and the introduction of India’s first Hollow Core Fibre (HCF) cable, which enables significantly faster data transmission.
Future Outlook and Financial Health
Entering the new fiscal year with substantial momentum, STL is focused on scaling its Enterprise and Data Centre revenue contribution while maintaining technology leadership in next-gen optical platforms. The company maintains a disciplined approach to capital allocation, with a target to reduce Net Debt-to-EBITDA to <1.2x in the coming year. As of the year-end, the company’s net debt was INR 1,128 crore, with a net debt-to-equity ratio of 0.5.
Source: BSE
