Sterlite Technologies Limited reported robust growth for FY26, achieving revenue of INR 4,745 Cr and an expanded EBITDA margin of 13.2%. The company’s performance was bolstered by a significant 67% increase in its order book to INR 7,309 Cr. STL continues to focus on global digital connectivity infrastructure, leveraging its AI-driven product portfolio and strong demand in the data center and fiber connectivity markets across North America and India.
Strong Financial Performance
Sterlite Technologies Limited (STL) delivered a strong financial performance in FY26. The company reported a total revenue of INR 4,745 Cr, reflecting significant growth momentum. The EBITDA margin expanded to 13.2%, driven by improved scale and operational efficiencies. Profit after tax (PAT) from continued operations reached INR 56 Cr, marking a positive turnaround. Furthermore, the company successfully reduced its net debt to INR 1,128 Cr, resulting in a healthy net debt-to-equity ratio of 0.5.
Expanding Order Book and Market Share
The company experienced a massive surge in demand, with its order book reaching INR 7,309 Cr in FY26, a 67% increase compared to FY25. STL maintains an 8% global market share in optical fiber cables (ex-China). The revenue mix shows a strong shift toward Enterprise and Data Centre segments, which now contribute 19% to the total revenue, while the Telecom and Citizen Networks segment continues to anchor the business with 81% share.
Innovation in Connectivity
STL continues to lead with cutting-edge technology, holding over 700 global patents, with 21 new filings in the final quarter. Key product innovations include the Neuralis portfolio, specifically designed for AI-driven data centers, and Hollow Core Fibre, which enables up to 46% faster transmission. The company has also made significant strides in quantum-safe networks and sustainable manufacturing, maintaining Zero Liquid Discharge and Zero Waste to Landfill certifications across its 10 manufacturing facilities.
Strategic Market Outlook
The company is well-positioned to benefit from multi-year investment cycles in FTTx, Data Centers, and 5G/6G infrastructure. With significant government support programs in India (BharatNet) and the United States, STL is targeting growth in its key focus markets. Looking forward, the strategic priorities include maintaining technology leadership, scaling the enterprise and data center business, and continuing a relentless focus on cost efficiencies to drive long-term value.
Source: BSE
