Sterlite Technologies approves ₹3,000 crore capacity addition by FY29
Sterlite Technologies · Telecom - Equipment & Accessories
Key highlights
- Approved ~50% capacity increase in existing manufacturing facility for Optical Fiber Cables
- Investment of ~₹3,000 crores to be funded through internal accruals and/or debt
- Existing capacity utilization is approximately 70%; capacity addition to meet global demand
Why it's rated notable: the amount is 42% of annual revenue (20% to 50%)
Original filing
Board Meeting Outcome for Outcome Of Board Meeting Of The Company Held On September 3, 2026.
Read the filing on BSE (PDF) →Companies guiding to strong growth
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More from Sterlite Technologies
- Order winMajor developmentSterlite Technologies Limited approves unaudited Q2 and H1 FY27 results on October 23, 2026
- Order winNotableSterlite Technologies Ltd's subsidiary secures $1.2 billion optical product supply contract
- Capex / expansionNotableSterlite Technologies Limited announces transcript of Investor/Analyst Meet held on Sept 3, 2026
- Order winNotableSterlite Technologies signs USD 288M long-term supply contract with leading hyperscaler
- Order winNotableSterlite Technologies receives approximately USD 210 million international supply order
Other capex / expansion filings this fortnight
- Maharaja & Speedex India Limited raises manufacturing capacity to 72 lakh units/year
- Elin Electronics Q2 FY27 earnings report with 10% revenue growth and margin update
- HOAC Foods India Limited H1 FY27 Earnings Call Transcript dated November 5, 2026
- Gujarat State Fertilizers & Chemicals Limited Q2 FY27 Earnings Call Highlights
- Supriya Lifescience H1 revenue up 14.8% to ₹396.04 crore; Q2 profit falls
- V-MARC India Ltd announces Q2 & H1 FY27 unaudited financial results and review report
Potential multibaggers · Q2 FY27
Potential multibaggers in Telecom - Equipment & Accessories
on management's own guidance
- Tejas NetworksGood growth2
- 1
- Frog InnovationsGood growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.