Sterlite Technologies Limited reported robust performance for FY26, with revenue reaching INR 4,745 crore, an 18.8% year-over-year growth. Driven by a surge in demand for AI-ready digital infrastructure, the company achieved a record 110% increase in order intake compared to FY25. With an open order book standing at INR 7,309 crore, the firm is well-positioned for sustained growth, focusing on high-capacity fiber solutions and AI data center interconnectivity.
Financial Performance Overview
Sterlite Technologies Limited (STL) delivered a resilient financial performance for the year ended March 31, 2026. The company reported annual revenue of INR 4,745 crore, representing a solid 18.8% growth over the previous year. For the fourth quarter of FY26, revenue was recorded at INR 1,441 crore, marking a 14.7% sequential increase. Profitability also showed improvement, with the annual EBITDA margin reaching 13.2% and annual EBITDA standing at INR 628 crore.
Strategic Growth in AI and Data Centers
The company’s growth is increasingly anchored in the AI data center sector. A key highlight for FY26 was a massive 110% surge in order intake, reflecting strong market demand for high-capacity optical connectivity. STL’s open order book of INR 7,309 crore is heavily supported by large-scale data center and telecom projects across North America, Europe, and India.
Innovation and Technology Leadership
STL continues to leverage its ‘Glass-to-Data Centre’ vertical integration, maintaining a patent portfolio of over 780. Key innovation milestones during the year included:
- The launch of Neuralis, an AI-focused data center connectivity suite.
- The introduction of India’s first Hollow Core Fibre (HCF) cable, delivering ~46% faster transmission.
- Development of high-capacity 4-core Multi-Core Fiber (MCF) cables.
- Expansion of the Intermittently Bonded Ribbon (IBR) portfolio for hyperscale deployments.
Future Outlook
For FY27, the company aims to maintain its momentum by scaling its ‘Enterprise & Data Center’ segment revenue contribution, continuing a relentless focus on cost optimization, and further expanding its market share in Optical Fibre Cables (OFC) and connectivity. The board has also announced plans to raise up to INR 2,000 crore through various equity or equity-linked instruments to support strategic objectives, subject to shareholder and regulatory approvals.
Source: BSE
