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Sterlite Technologies Ltd (Sterlite) operates as a technology company that manufactures and markets power and telecom products and solutions. The company offers a wide range of data cables for structured cabling. Its product comprises glass preforms, optical fibre, optical and specialty cables and optical interconnects. The company also provides services such as fibre rollout services, network services, managed services, data center networks and RAN Services among others. Its solutions include optical connectivity solutions, fibre deployment solutions, FTTx access network solutions and network modernization solutions. The company markets its products in the UK, Russia, India, China, the UAE, the Netherlands, Brazil and India. Sterlite is headquartered in Pune, Maharashtra, India.
Headquarters
India
Address
Godrej Millenium 9, Koregaon Road, Pune, Maharashtra, 411001
Website
www.stl.tech
Telephone
91 20 30514000
No of Employees
3,140
Industry
Technology and Communications
Ticker Symbol & Exchange
STLTECH (NSE)
Revenue (2022)
$882.5M
27.4%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
135%
(2022 vs 2021)
Market Cap*
$620.1M
Net Profit Margin (2022)
XYZ
85.5%
(2022 vs 2021)
* As of and is in US$
Sterlite Technologies Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Glass Preforms | Fibre Rollout Services |
| Optical fiber | Network Services |
| Optical and Speciality Cables | Managed Services |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In March, the company partnered with Nokia Corp. to concentrate on government-driven availability ventures to offer network and systems administration arrangements. |
| 2024 | Acquisitions/Mergers/Takeovers | In February, the company acquired the remaining 20% stake in Clearcomm Group Ltd, a network integration company. |
| 2023 | New Products/Services | In October, the company announced the launch of Estelan, an end-to-end solution in fibre and copper cable connectivity. |
Competitor Comparison
| Key Parameters | Sterlite Technologies Ltd | Birla Cable Ltd | Aksh Optifibre Ltd | Galada Power and Telecommunication Ltd | Shilpi Cable Technologies Limited |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Pune | Rewa | New Delhi | Hyderabad | New Delhi |
| State/Province | Maharashtra | Madhya Pradesh | Delhi | Telangana | Delhi |
| No. of Employees | 3,140 | 285 | 170 | - | - |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Mihir Modi | Chief Financial Officer | Senior Management | - | - |
| Manuj Desai | Chief Information Officer | Senior Management | - | - |
| Badri Gomatam | Chief Technology Officer | Senior Management | - | - |
| Manish Sinha | Chief Marketing Officer | Senior Management | - | - |
| Ashwini Bakshi | Chief Sales Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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