Sterlite Technologies Limited (STL) reported strong financial results for FY26, with revenue reaching INR 4,745 crore, marking an 18.8% YoY growth. The company achieved a transformative 110% surge in order intake compared to FY25, bringing the total open order book to INR 7,309 crore. EBITDA margins reached 13.2% for the full year, with the company successfully expanding its footprint in the high-growth AI-ready data centre infrastructure market.
Financial Performance Overview
Sterlite Technologies delivered a resilient performance in FY26, with revenues of INR 4,745 crore, a significant improvement over the INR 3,996 crore reported in FY25. The company demonstrated consistent margin expansion, achieving EBITDA of INR 628 crore for the year. This growth is underpinned by higher operational efficiency and an improved product mix, with Q4 FY26 revenue standing at INR 1,441 crore and an EBITDA margin of 15.1%.
Strategic Growth in AI Data Centres
The company has successfully pivoted to become a key player in the AI-ready digital infrastructure space. A highlight of the year was the launch of Neuralis, a purpose-built connectivity suite designed for high-density AI data centres. Furthermore, STL introduced India’s first Hollow Core Fibre (HCF) cable, capable of ~46% faster transmission, and continued to scale its Multi-Core Fibre (MCF) technology to meet the extreme bandwidth demands of modern hyperscalers.
Order Book Momentum
STL recorded a substantial order intake of INR 7,687 crore in FY26, a 109% increase over the previous year. This performance has driven the company’s open order book to INR 7,309 crore. Key wins include deep partnerships with global customers such as Colt, Netomnia, Mynet, SLICFiber, and Swoop, alongside major infrastructure projects across North America, Europe, and India, reflecting robust revenue visibility entering FY27.
Innovation and Sustainability Leadership
STL continues to lead in technology and sustainability, maintaining a patent portfolio of over 780+ global filings. The company has distinguished itself as the world’s first optical manufacturer to be zero liquid discharge and zero waste to landfill certified. These efforts, combined with an ambitious Net-Zero by 2030 target, underscore the company’s commitment to responsible growth while providing the physical foundation for the future of global connectivity.
Source: BSE
