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Sterlite Technologies Ltd

Q1 FY27Telecom - Equipment & Accessories

Sterlite Technologies Q1 FY27 earnings call: Revenue & Margins

Q1 FY27 earnings call: what management guided on revenue, margins and order book.

Price₹658

Market cap₹32.2K Cr

P/E136.4

Updated25 Aug 2026

Read4 min read

What the Q1 FY27 call signalled

5 of 5 strong

RevenueGood growth

MarginMargins up

CapexCapex planned

FundraiseFundraise planned

Order bookOrder book rising

The short version

STL expects continued strong growth driven by multiyear investment cycles in FTTx, Data Centers, and 5G/6G networks. STL delivered record Q1 FY27 with 87% YoY revenue growth and 184% YoY EBITDA growth; PAT expanded 3.5x over FY26.

From Sterlite Technologies Ltd's Q1 FY27 earnings-call transcript · updated 25 Aug 2026.

Revenue & Sales Performance

Good growth

STL expects continued strong growth driven by multiyear investment cycles in FTTx, Data Centers, and 5G/6G networks.
Data center segment revenue contribution rose to 21% in Q1 FY27 from 1% in FY26, with an expected increase to 50% of revenues this fiscal.
North America sales share increased to 54% in Q1 FY27, reflecting strong global momentum.
Order book at a record INR18,618 crores, up 2.4x from last quarter, providing strong revenue visibility.
Capacity utilization is improving quarter-on-quarter; ongoing capacity upgrades and debottlenecking underway to support future order inflows.

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Profitability & Margins

STL delivered record Q1 FY27 with 87% YoY revenue growth and 184% YoY EBITDA growth; PAT expanded 3.5x over FY26.
EBITDA margin guidance revised upward to 23% from prior 20%.
High confidence in quarter-on-quarter improvement in supply and utilization, supporting sustained growth.
Order book at a record INR18,618 crores, with strong execution visibility into Q3 FY27 and beyond.
Data center and enterprise segments expected to scale up to 50% of revenues in the fiscal year.
Net debt-free status supported by successful INR1,500 crore QIP and strong cash balance.
Continuous investments of ~INR500 crores per year planned for next 3 years to upgrade capacity and debottleneck.

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Capital Expenditure Plans

Capex planned

$100 million investment announced for the U.S. plant, phased over 5 years, aimed at onshore connectivity manufacturing to serve telecom and data center customers with quicker turnaround and customized products. (Page 16)
INR 500 crores per year planned capex over the next 3 years (total ~INR 1,500 crores) for upgrading equipment across glass, fiber, cable, connectivity and debottlenecking to improve yields and output. (Page 15)
Ongoing debottlenecking and capacity upgrades in parallel with active customer discussions for new orders. (Pages 12, 18)

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Fundraising & Capital Structure

Sterlite Technologies completed a landmark Qualified Institutional Placement (QIP) raising INR 1,500 crores recently to fund the next phase of growth.
The QIP was strongly subscribed (over 2.5x), increasing institutional holdings to a historic high of 33%.
The raised proceeds are mainly allocated towards reduction of debt (75%) and the rest towards general corporate purposes.
There is no mention of any immediate future fundraising plans through debt or equity beyond this QIP.

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Order Book & Pipeline

Order book rising

Current open order book stands at a record high of INR 18,618 crores, a 2.4x increase from the last quarter (Page 8).
Of this, INR 2,228 crores are slated for execution in Q2 FY27, with the remaining INR 16,390 crores scheduled for execution in Q3 FY27 and beyond (Page 8).
In Q1 alone, secured orders worth INR 13,100 crores, 1.7x the total order wins of INR 7,687 crores in FY26 (Page 6).
Landmark multiyear $1.1 billion deal with a global hyperscaler to supply optical connectivity products for AI data centers through FY29 (Page 6).

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Sterlite Technologies Ltd — Quarterly revenue & net profit

Revenue Net profit Net loss

Dec 2024Q3 FY25

Mar 2025Q4 FY25

Jun 2025Q1 FY26

Sep 2025Q2 FY26

Dec 2025Q3 FY26

Mar 2026Q4 FY26

Q1 FY27 figures are not in this chart yet. Latest shown: Mar 2026 (Q4 FY26). The Q1 FY27 numbers from the filing are in the analysis on this page.

Reported quarterly figures (₹ Cr). Latest (Q4 FY26): revenue ₹1.4K Cr, net profit ₹59 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

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What Sterlite Tech.'s management said in earlier quarters

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Frequently Asked Questions

What were Sterlite Technologies Ltd Q1 FY27 results?

STL expects continued strong growth driven by multiyear investment cycles in FTTx, Data Centers, and 5G/6G networks. STL delivered record Q1 FY27 with 87% YoY revenue growth and 184% YoY EBITDA growth; PAT expanded 3.5x over FY26.

What is Sterlite Technologies Ltd share price analysis?

Sterlite Technologies Ltd currently shows a moderate growth signal based on ranking data. The stock trades at a P/E of 136.4 with a market cap of ₹32,230 Cr. Investors should review the full earnings analysis for detailed insights.

Is Sterlite Technologies Ltd planning capital expenditure?

$100 million investment announced for the U.S.

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.