Is Sterlite Technologies a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Sterlite Technologies Ltd is a average quality company .

Is Sterlite Technologies undervalued or overvalued?

The key valuation ratios of Sterlite Technologies Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone .

What is Sterlite Technologies share price return in the past 10 years?

Sterlite Technologies Ltd share price has appreciated 4.5% annually (CAGR) over the past ten years.

Is Sterlite Technologies a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Sterlite Technologies Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

What is the P/E ratio of Sterlite Technologies?

The latest standalone P/E ratio of Sterlite Technologies as of 21-Nov-2024 is 0.00.

What is the P/B ratio of Sterlite Technologies?

The latest standalone P/B ratio of Sterlite Technologies as of 21-Nov-2024 is 2.15.

Sterlite Technologies Ltd - Stock Valuation and Financial Performance

Name: Sterlite Technologies
Brand: Sterlite Technologies

BSE: 532374 | NSE: STLTECH | Cable | Small Cap

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Sterlite Technologie Share Price

₹114.10 -1.75 -1.51%
as on 21-Nov'24 16:59

10 Year X-Ray of Sterlite Technologie:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	5.3%	8%	20%	28%	31.6%	18.7%	12.7%	8.7%	11.4%	5.4%	-
Value Creation Index ⓘ	-0.6	-0.4	0.5	1.1	1.3	0.3	-0.1	-0.4	-0.2	-0.6	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	3,097	2,144	2,449	3,177	5,087	5,154	4,825	5,437	6,925	5,478	5,093
Sales YoY Gr.	-	-30.8%	14.2%	29.7%	60.1%	1.3%	-6.4%	12.7%	27.4%	-20.9%	-
Adj EPS ⓘ	-0.4	3.9	5.1	8.4	14.1	11.8	7	2.9	6.3	-1.8	-4.1
YoY Gr.	-	NA	30.1%	65.4%	68.9%	-16.5%	-40.8%	-58.7%	117%	-129.4%	-
BVPS (₹) ⓘ	27.4	18.6	21.6	28.8	42	46.9	49.5	48.3	51.7	50.2	60.2
Adj Net Profit ⓘ	-13.6	154	202	335	569	477	277	115	250	-73.4	-201
Cash Flow from Ops. ⓘ	393	215	489	729	631	696	638	584	228	791	-
Debt/CF from Ops. ⓘ	13.5	5.1	2.2	1.6	3.3	3.5	4.5	5.7	16.1	4.1	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	6.5%	1.5%	4.3%	-20.9%
Adj EPS ⓘ	NA	-166.5%	-164.1%	-129.4%
BVPSⓘ	7%	3.7%	0.5%	-2.8%
Share Price	4.5%	-1.1%	-26.5%	-23.4%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	-1	13.7	24.7	32.6	39.3	26.2	14.2	5.8	12.4	-3.6	-7.5
Op. Profit Mgn % ⓘ	14.8	19.2	21.2	23.6	22.2	20.8	16.8	12.2	13	10.4	7.3
Net Profit Mgn % ⓘ	-0.5	7.5	8.9	11.5	11.5	9.1	5.5	1.8	3.4	-1.5	-4
Debt to Equity ⓘ	3.6	1.5	1.3	1	1.2	1.3	1.5	1.7	1.8	1.6	0.3
Working Cap Days ⓘ	169	233	180	173	200	261	281	286	247	305	175
Cash Conv. Cycle ⓘ	15	34	55	38	-5	-18	11	15	12	22	-6

Recent Performance Summary

Debt to equity has declined versus last 3 years average to 1.61

Return on Equity is Poor

Sales growth has been subdued in last 3 years 4.32%

Sales growth is not so good in last 4 quarters at -23.57%

Latest Financials - Sterlite Technologies Ltd.

	Standalone	Consolidated
TTM EPS (₹)	-4.9	-4.1
TTM Sales (₹ Cr.)	3,368	5,093
BVPS (₹.) ⓘ	53.8	60.2
Reserves (₹ Cr.) ⓘ	2,528	2,840
P/BV ⓘ	2.15	1.92
PE ⓘ	0.00	0.00

From the Market
52 Week Low / High (₹)	109.80 / 158.85
All Time Low / High (₹)	4.90 / 414.50
Market Cap (₹ Cr.)	5,651
Equity (₹ Cr.)	97.6
Face Value (₹)	2
Industry PE ⓘ	52.7

Management X-Ray of Sterlite Technologie:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Sterlite Technologie

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Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Sterlite Technologie

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	3,097	2,144	2,449	3,177	5,087	5,154	4,825	5,437	6,925	5,478
Operating Expenses ⓘ	2,642	1,732	1,930	2,428	3,960	4,085	4,015	4,772	6,035	4,908
Manufacturing Costs	314	258	296	348	437	405	457	574	780	775
Material Costs	1,820	962	999	1,269	2,487	2,467	2,395	2,769	3,299	2,498
Employee Cost	176	205	299	345	511	630	647	661	912	952
Other Costs ⓘ	332	307	337	466	525	583	515	768	1,044	683
Operating Profit ⓘ	455	412	519	749	1,127	1,069	811	665	890	570
Operating Profit Margin (%)	14.7%	19.2%	21.2%	23.6%	22.2%	20.7%	16.8%	12.2%	12.9%	10.4%
Other Income ⓘ	57	63	23	39	37	34	43	58	41	57
Interest ⓘ	327	119	123	104	105	221	203	238	311	369
Depreciation ⓘ	185	126	159	182	195	290	285	307	309	335
Exceptional Items ⓘ	0	0	0	0	0	-51	0	16	0	0
Profit Before Tax ⓘ	0	225	257	502	864	542	380	199	315	-73
Tax ⓘ	4	65	40	133	278	109	111	52	84	-9
Profit After Tax	-4	160	218	369	585	433	269	147	231	-64
PAT Margin (%)	-0.1%	7.5%	8.9%	11.6%	11.5%	8.4%	5.6%	2.7%	3.3%	-1.2%
Adjusted EPS (₹)	-0.1	3.9	5.1	8.3	14.0	10.7	6.9	1.5	3.5	-1.3
Dividend Payout Ratio (%)	-896%	26%	25%	24%	25%	33%	29%	33%	28%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	1,491	736	860	1,154	1,690	1,893	1,964	1,930	2,066	2,009
Share Capital ⓘ	488	79	80	80	81	81	79	80	80	80
Reserves ⓘ	1,003	657	781	1,074	1,609	1,812	1,885	1,850	1,986	1,929
Minority Interest	23	31	45	82	95	103	98	92	4	0
Debt	5,058	822	1,018	1,093	1,918	2,201	2,490	2,949	2,915	2,855
Long Term Debt	4,436	468	427	631	935	970	1,256	1,536	1,002	991
Short Term Debt	622	354	591	463	983	1,231	1,234	1,413	1,913	1,864
Trade Payables	900	372	449	656	1,913	1,430	1,944	2,420	2,152	2,178
Others Liabilities ⓘ	909	653	535	726	1,640	1,740	1,559	1,321	1,651	1,143
Total Liabilities ⓘ	8,380	2,614	2,908	3,712	7,256	7,367	8,055	8,712	8,788	8,185
Fixed Assets
Gross Block	4,996	1,989	2,304	2,392	3,809	4,661	5,043	5,556	5,704	5,929
Accumulated Depreciation	912	826	1,000	1,167	1,341	1,602	1,869	2,205	2,458	2,720
Net Fixed Assetsⓘ	4,085	1,163	1,304	1,225	2,468	3,060	3,174	3,351	3,246	3,209
CWIP ⓘ	2,193	172	66	357	419	133	227	143	129	62
Investmentsⓘ	59	7	49	175	135	333	303	92	136	123
Inventories	415	205	333	338	590	452	626	920	832	822
Trade Receivables	834	708	687	867	1,355	1,563	1,451	1,706	1,822	1,598
Cash Equivalents	376	78	137	138	234	245	248	530	507	403
Others Assetsⓘ	419	281	331	611	2,055	1,582	2,024	1,970	2,116	1,968
Total Assets ⓘ	8,380	2,614	2,908	3,712	7,256	7,367	8,055	8,712	8,788	8,185

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	393	215	489	729	631	696	638	584	228	791
PBT ⓘ	0	225	257	497	856	533	377	59	153	-59
Adjustment ⓘ	485	255	265	322	323	524	468	606	637	736
Changes in Working Capital ⓘ	-70	-217	43	20	-325	-184	-162	77	-543	248
Tax Paid ⓘ	-22	-49	-76	-111	-223	-177	-44	-158	-19	-134
Cash Flow From Investing Activity ⓘ	-1,172	-156	-232	-582	-1,172	-627	-619	-481	-57	-209
Capex	-1,151	-230	-214	-456	-832	-383	-454	-411	-339	-237
Net Investments	-22	65	-31	-136	8	-169	60	0	83	5
Others ⓘ	1	10	12	10	-348	-74	-224	-70	199	23
Cash Flow From Financing Activityⓘ	850	-81	-187	-152	570	-68	23	115	-132	-691
Net Proceeds from Shares ⓘ	0	0	1	1	0	0	0	0	0	1
Net Proceeds from Borrowing ⓘ	1,019	90	-233	111	352	98	507	289	-177	-504
Interest Paid ⓘ	-575	-136	-120	-97	-108	-221	-202	-240	-314	-366
Dividend Paid ⓘ	-12	-23	-59	-32	-80	-141	-138	-79	-34	-41
Others ⓘ	417	-12	225	-135	406	196	-144	145	393	219
Net Cash Flow ⓘ	71	-22	69	-5	29	2	43	218	39	-109

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	-0.33	17.59	27.28	36.59	41.17	24.16	13.95	7.55	11.56	-3.14
ROCE (%)	5.33	7.96	19.95	28	31.57	18.71	12.69	8.66	11.36	5.38
Asset Turnover Ratio	0.43	0.41	0.94	0.97	0.93	0.7	0.63	0.65	0.79	0.65
PAT to CFO Conversion(x)	N/A	1.34	2.24	1.98	1.08	1.61	2.37	3.97	0.99	N/A
Working Capital Days
Receivable Days	79	124	98	88	80	103	114	106	93	114
Inventory Days	41	50	38	38	33	37	41	52	46	55
Payable Days	150	241	150	159	188	247	245	257	223	282

Sterlite Technologies Ltd Stock News

Sterlite Technologies Ltd FAQs

What is the share price of Sterlite Technologie?

Company share prices are keep on changing according to the market conditions. The closing price of Sterlite Technologie on 21-Nov-2024 16:59 is ₹114.1.

What is the market cap of Sterlite Technologie?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 21-Nov-2024 16:59 the market cap of Sterlite Technologie stood at ₹5,651.3.

What is the P/E ratio of Sterlite Technologie?

The latest P/E ratio of Sterlite Technologie as of 21-Nov-2024 16:59 is 0.00.

What is the P/B ratio of Sterlite Technologie?

The latest P/B ratio of Sterlite Technologie as of 21-Nov-2024 16:59 is 2.15.

What is the 52-week high and low of Sterlite Technologie?

The 52-week high of Sterlite Technologie is ₹158.8 and the 52-week low is ₹109.8.

What is the TTM revenue of Sterlite Technologie?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Sterlite Technologie is ₹3,368 ( Cr.) .

About Sterlite Technologies Ltd

Sterlite Technologies (STL) was incorporated in 2000 under the name Sterlite Optical Technologies. The company’s business activities involve manufacturing of telecommunication cables. Later in the year 2007 the name was changed to Sterlite Technologies. It has headquarter located in Pune, eight manufacturing units across India and 10 sales and marketing offices in India, China, Thailand, Russia, U.K. and South Africa. In India Sterlite is a market leader. It sells its telecom and power products to many countries, due to this its export, sales account for about 30% of the company’s net revenues. It has received various certifications such as OHSAS 18001:1999 and TL 9000 for management system and ISO 14001:2004 Environment Management System.

Business area of the company

The company is an industry-leading integrator of digital networks. It has expanded its portfolio to manufacture and supply of Optical Fibers, Fiber Optic Cables, Power Transmission Conductors, Aluminum & Alloy Rods, Copper Telecom Cables, Structured Data Cables, and Customer Premise Equipment and Cable Accessories. It caters products to various sectors such as telecom, defense, oil and gas, railway, roadways, power, aviation and broadband.

Awards

2013: Frost & Sullivan - IMEA Manufacturing Excellence Award; Silver Certification
2013: ML100 (Manufacturing Leadership 100) - IT leadership
2014: Top Telecom Cable Company 2013
2014: Best Innovation in Fibre Infrastructure 2013
2015: Top 25 Innovative Organisations of India - CII
2015: STL wins prestigious Frost & Sullivan Indian Manufacturing Excellence Gold Award 2015
2015: AEGIS GRAHAM BELL AWARD
2016: STL features among '100 Best Companies to work for Women in India
2016: STL wins Telecom Leadership Forum Awards for transforming the Broadband infrastructure space
2016: STL wins 2 Frost & Sullivan 2016 Awards
2016: STL won Maharashtra Times CSR Award
2017: STL Wins CII-ITC Sustainability Award 2017 for Excellence in Corporate Social Responsibility
2017: STL wins the Jury Commendation Award for CSR in water-management in Aurangabad
2017: STL wins Civic Award Under Social Development Category
2017: Felicitation by the Times Group for CSR in Water Management
2017: STL won Indian International CSR Excellence Awards
2017: Certificate of Merit awarded to STL at the first ever UN-GCNI Best Practices Awards
2017: STL won Amity Global Business School CSR Award for Best CSR Practices
2017: STL wins the Lokmat Corporate Excellence Award for Best CSR Practices
2017: STL wins Aegis Graham Bell Award for ‘Innovation in Telecom Infra
2018: STL wins ELSC Supply Chain Collaboration Award
2018: STL wins “Best-In-Class Cross-Functional Teamwork Project” Award
2018: STL and BSNL jointly win the “Best Wi-Fi Monetisation Solution” award
2018: STL wins the Forbes China Award
2018: STL wins the Golden Peacock National Quality Award for quality excellence
2018: STL's Neox Smart City and Enterprise solution is selected as the “Best Smart Network Solution” by Digital Terminal
2018: STL wins recognition at the Frost & Sullivan and TERI Sustainability 4.0 Awards 2018
2019: Brand Revitalization
2019: Marketing Communication B2B
2019: Prestigious UiPath Automation Excellence Awards 2019
2019: Best Employer Brand Awards 2019
2019: Frost & Sullivan 2019 India Best Practices for Converged Network Solution
2019: Telecom Leadership Forum honoured STL with Network Infra Innovation Award
2019: In Citizen Networks, STL bagged top honour at TLF India 2019 Awards
2019: STL has won Voice&Data Telecom Leadership Forum Biz and Tech Award
2019: STL wins ELSC Supply Chain Collaboration Award
2020: STL’s dTelco adjudged as a ‘Winner’ in the OSS/BSS Transformation Excellence category at InformaTech 2020 Glotel Awards.
2020: Marketing Professional of the year 2020 - CMO Asia
2020: Green Tech CSR Award
2020: Best Organization for Woman Empowerment
2020: Innovative Leader Communication, Media & Entertainment (CME) Category' at the 'Business Impact Awards 2020
2020: Asia-Pacific Converged Network Solutions Product Leadership Award by Frost & Sullivan
2020: Best WiFi Infrastructure Provider
2020: British Safety award
2020: Bags Corporate Behaviour Based Safety (BBS) Award

Milestones

1988: Commencement of copper telecom cables business.
1993: Commencement of fiber optic cables business.
1995: Commencement of optical fiber business
2000: Demerger from Sterlite Industries and listing on BSE & NSE
2004: Commencement of data cables business.
2005: Commencement of systems and solutions business
2006: Acquisition of power conductor's business
2010: Commencement of OPGW cables business.
2011: Commencement of power infrastructure business
2013: Sterlite Technologies Ltd has informed regarding a titled ''Sterlite Technologies receives new orders pegged at around Rs. 630 Crores''
2013: Sterlite Technologies Ltd has informed regarding a titled ''Sterlite Technologies launches enhanced family of bend-insensitive fibers''
2013: 'Sterlite Technologies enters into joint venture with Conduspar Condutores Eletricos to manufacture optical fiber cable in Brazil''
2013: 'Sterlite Grid wins two more power transmission projects''.
2014: 'Sterlite Grid commissions two lines and two substations of the Bhopal - Dhule Transmission project''
2014: Sterlite Technologies Ltd has informed regarding a titled ''Sterlite Grid has been awarded a power transmission project to deliver over 1000 MWs of electricity from Punjab to the Kashmir Valley.'' -''Sterlite Grid completes India's First Ultra Mega Power Transmission Project''
2014: 'Sterlite Technologies enters into a Joint Venture with VISCAS to manufacture Extra High Voltage Cables in India''
2014: 'Sterlite Technologies to implement end-to-end rollout of Optical Fiber Network for Defense services''
2014: 'Sterlite Technologies successfully tests multi-terabit data transmission over long haul network''.
2015: Sterlite Technologie - Sterlite Grid announces successful refinancing of India's first Ultra Mega Transmission Project, ENICL -Ericsson to work with Sterlite for smart city initiatives
2015: Sterlite Technologie - Sterlite Commissions First 765 kV Transmission Project in Private Sector -Sterlite to set up LCD manufacturing plant
2015: Sterlite Grid's Jabalpur Transmission Project to Boost Power Access
2015: Sterlite acquires telecom software company Elitecore Sterlite Technologies Ltd. the Registered Office of the Company is shifted from Survey No 68/1, Rakholi Village, Madhuban Dam Road, Silvassa, Dadra & Nagar Haveli 396 230 to E 1, MIDC Industrial Area, Waluj, Aurangabad, Maharashtra 431 136.
2015: Sterlite Grid and Burns & McDonnell join hands to introduce world class engineering and construction methodologies in Power Transmission Projects.
2016: Sterlite Tech wins second smart city project in Jaipur -Sterlite Technologies launches Sterlite Academy
2016: Sterlite Tech features among '100 Best Companies to work for Women in India
2016: Sterlite Tech wins Telecom Leadership Forum Awards for transforming the Broadband infrastructure space
2016: Sterlite Tech wins 2 Frost & Sullivan 2016 Awards
2017: Sterlite Tech won the Wireless Broadband Alliance (WBA) Industry Award 2017 for the successful deployment of India's First Live Smart Services City in Gandhinagar, Gujarat.
2018: STL acquired Metallurgica Bresciana- an Italian specialized optical cable manufacturer.
2019: Building one of the world’s largest Greenfield semiconductor-grade optical fibre perform plants - Gauav, in Aurangabad India.
2019: Acquisition of UK based impact data solution (IDS) to strengthen design and development offerings for hyper scale data centers.
2019: Strategic partnerships with various entities like TIP, ONAP, O-RAN, and ONF to create higher-speed, lower cost, more secure, programmable, and more reliable networks for the future.
2020: The company made strategic investment in ASOCS - a developer of open, disruptive, and virtualized Radio Access Network (vRAN) solutions, delivering 4G and 5G for cellular networks.