Sterlite Technologies Limited (STL), headquartered in Pune, Maharashtra, is a global leader in optical and digital solutions. Established in 1988 by Anil Agarwal and restructured in 2001, STL specializes in optical fiber, fiber-optic cables, network services, and software, catering to hyper-scale network designs. With operations spanning over 150 countries and manufacturing facilities in locations like Aurangabad, Pune, Silvassa, and Haridwar, STL is renowned for innovations such as the world’s slimmest 160-micron optical fiber and eco-labelled products. It is the largest optical fiber and cable manufacturer in India, with a strong global presence. Demonstrating its commitment to sustainability and community welfare, STL has installed solar panels at its plants and impacted over 26 lakh lives through its Swasthya Suraksha healthcare program.
Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | |
Promoters + | 53.99% | 53.98% | 44.18% | 44.17% | 44.17% |
FIIs + | 4.75% | 5.02% | 7.77% | 8.36% | 8.71% |
DIIs + | 1.96% | 2.00% | 11.73% | 10.69% | 9.42% |
Public + | 39.31% | 38.99% | 36.31% | 36.79% | 37.70% |
No. of Shareholders | 2,30,463 | 2,32,669 | 2,38,975 | 2,42,245 | 2,44,033 |
Sterlite Technologies’ shareholding pattern reflects notable shifts in investor composition throughout 2023 and 2024. Promoter holdings decreased from 53.99% in December 2023 to 44.17% by September 2024, stabilizing at this level through December 2024. Foreign Institutional Investors (FIIs) steadily increased their stake, climbing from 4.75% in December 2023 to 8.71% by the end of 2024, indicating growing international interest. Domestic Institutional Investors (DIIs), however, witnessed a peak at 11.73% in June 2024, followed by a decline to 9.42% in December 2024. Public shareholding exhibited minor fluctuations, ranging from 39.31% in December 2023 to 37.70% in December 2024. Additionally, the number of shareholders gradually rose from 2,30,463 in December 2023 to 2,44,033 by December 2024, highlighting increasing retail participation in Sterlite Technologies.
Below are the trading platforms that you can use to purchase Sterlite Technologies shares:
- Zerodha
- Upstox
- Groww
- AngelOne
- ICICIDirect
When | Maximum Price | Minimum Price |
February 2025 | 131.99 | 101.53 |
March 2025 | 134.76 | 103.66 |
April 2025 | 133.43 | 102.64 |
May 2025 | 129.54 | 99.65 |
June 2025 | 135.37 | 104.13 |
July 2025 | 132.72 | 102.09 |
August 2025 | 136.82 | 105.25 |
September 2025 | 138.46 | 106.51 |
October 2025 | 142.06 | 109.28 |
November 2025 | 145.61 | 112.01 |
December 2025 | 152.17 | 117.05 |
As we progress through 2025, Sterlite Technologies’ share prices are expected to show steady growth. In February, prices may range between ₹101.53 and ₹131.99, gradually increasing to ₹134.76 and ₹103.66 in March. By mid-year, fluctuations could result in a range of ₹129.54 to ₹135.37 from May to June. Moving into the latter half, August to October could see prices rise from ₹136.82 to ₹142.06. Finally, as we progress toward December, Sterlite Technologies is projected to peak at ₹152.17, with a minimum of ₹117.05, reflecting strong performance throughout the year.
When | Maximum Price | Minimum Price |
January 2026 | 156.73 | 120.56 |
February 2026 | 152.81 | 117.55 |
March 2026 | 155.87 | 119.90 |
April 2026 | 159.05 | 122.35 |
May 2026 | 157.48 | 121.13 |
June 2026 | 161.41 | 124.16 |
July 2026 | 158.25 | 121.73 |
August 2026 | 163.14 | 125.49 |
September 2026 | 166.40 | 128.00 |
October 2026 | 170.73 | 131.33 |
November 2026 | 175.00 | 134.61 |
December 2026 | 179.37 | 137.98 |
As we step into 2026, Sterlite Technologies’ share prices are anticipated to exhibit consistent growth throughout the year. In January, prices are projected to range between ₹120.56 and ₹156.73, with a slight dip to ₹117.55 and ₹152.81 in February. By mid-year, April to June may see prices spanning from ₹122.35 to ₹161.41, reflecting a steady upward trajectory. As we step into the latter months, August could range between ₹125.49 and ₹163.14, while October is expected to reach ₹131.33 to ₹170.73. Finally, as we step toward December, Sterlite Technologies’ prices may peak at ₹179.37, with a minimum of ₹137.98.
When | Maximum Price | Minimum Price |
January 2027 | 181.17 | 139.36 |
February 2027 | 185.81 | 142.93 |
March 2027 | 193.06 | 148.51 |
April 2027 | 189.27 | 145.60 |
May 2027 | 183.76 | 141.35 |
June 2027 | 192.03 | 147.72 |
July 2027 | 188.27 | 144.82 |
August 2027 | 194.09 | 149.30 |
September 2027 | 200.88 | 154.52 |
October 2027 | 206.10 | 158.54 |
November 2027 | 211.26 | 162.50 |
December 2027 | 216.54 | 166.57 |
When | Maximum Price | Minimum Price |
January 2028 | 220.87 | 169.90 |
February 2028 | 226.53 | 174.26 |
March 2028 | 235.37 | 181.05 |
April 2028 | 230.75 | 177.50 |
May 2028 | 224.03 | 172.33 |
June 2028 | 234.11 | 180.09 |
July 2028 | 229.52 | 176.56 |
August 2028 | 236.62 | 182.02 |
September 2028 | 244.90 | 188.39 |
October 2028 | 251.27 | 193.28 |
November 2028 | 257.55 | 198.12 |
December 2028 | 263.99 | 203.07 |
When | Maximum Price | Minimum Price |
January 2029 | 269.27 | 207.13 |
February 2029 | 276.17 | 212.44 |
March 2029 | 286.94 | 220.73 |
April 2029 | 281.32 | 216.40 |
May 2029 | 273.12 | 210.10 |
June 2029 | 285.42 | 219.55 |
July 2029 | 279.82 | 215.25 |
August 2029 | 288.47 | 221.90 |
September 2029 | 298.57 | 229.67 |
October 2029 | 306.33 | 235.64 |
November 2029 | 313.99 | 241.53 |
December 2029 | 321.84 | 247.57 |
When | Maximum Price | Minimum Price |
January 2030 | 328.28 | 252.52 |
February 2030 | 336.69 | 259.00 |
March 2030 | 349.83 | 269.10 |
April 2030 | 342.97 | 263.82 |
May 2030 | 332.98 | 256.14 |
June 2030 | 347.96 | 267.66 |
July 2030 | 341.14 | 262.41 |
August 2030 | 351.69 | 270.53 |
September 2030 | 364.00 | 280.00 |
October 2030 | 373.46 | 287.28 |
November 2030 | 382.80 | 294.46 |
December 2030 | 392.37 | 301.82 |
As we move into 2030, Sterlite Technologies’ share prices are projected to reflect significant growth throughout the year. In January, prices are expected to range from ₹252.52 to ₹328.28, rising to ₹259.00 and ₹336.69 in February. By March, prices may further increase, reaching between ₹269.10 and ₹349.83. As we move into the mid-year, April to June could see ranges from ₹263.82 to ₹347.96, with consistent strength in performance. As the year progresses, August may span from ₹270.53 to ₹351.69, and October is anticipated to climb higher, ranging from ₹287.28 to ₹373.46. Finally, as we move toward December, Sterlite Technologies’ prices are projected to peak at ₹392.37, with a minimum of ₹301.82
Financial Condition of Sterlite Technologies
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
Sales + | 5,154 | 4,825 | 5,437 | 6,925 | 5,478 | 5,032 |
Expenses + | 4,093 | 4,018 | 4,772 | 6,030 | 4,908 | 4,622 |
Operating Profit | 1,061 | 807 | 665 | 895 | 570 | 410 |
OPM % | 21% | 17% | 12% | 13% | 10% | 8% |
Other Income + | -16 | 58 | -22 | -64 | 68 | 32 |
Interest | 221 | 203 | 238 | 311 | 369 | 326 |
Depreciation | 290 | 285 | 308 | 309 | 335 | 334 |
Profit before tax | 533 | 377 | 97 | 211 | -66 | -218 |
Tax % | 20% | 30% | 54% | 40% | -14% | |
Net Profit + | 424 | 265 | 45 | 127 | -57 | -168 |
EPS in Rs | 10.74 | 6.95 | 1.51 | 3.54 | -1.28 | -3.81 |
Dividend Payout % | 33% | 29% | 33% | 28% | 0% |
Sterlite Technologies has shown a dynamic financial trajectory over the years, reflecting both challenges and opportunities in its operational landscape. From March 2020 to March 2024, the company’s sales peaked at ₹6,925 crore in March 2023, though a decline to ₹5,478 crore in March 2024 and ₹5,032 crore in the TTM indicates recent pressures. Operating profit experienced a similar trend, dropping from ₹1,061 crore in March 2020 to ₹570 crore in March 2024, with a TTM figure of ₹410 crore. Consequently, the OPM% has narrowed from 21% in March 2020 to 8% in the TTM.
Interest and depreciation expenses have consistently increased, affecting profitability. Notably, profit before tax fell to a loss of ₹66 crore in March 2024 and further to ₹218 crore (TTM). Similarly, net profit declined significantly from ₹424 crore in March 2020 to a loss of ₹57 crore in March 2024 and ₹168 crore in the TTM. Earnings per share (EPS) mirrored this trend, shifting from ₹10.74 in March 2020 to a negative ₹1.28 in March 2024 and ₹3.81 (TTM). Dividend payouts have also ceased in recent years, reflecting a focus on conserving resources amid challenges.
FAQS
As of January 19th, 2025, the current share price of Sterlite Technologies is ₹111.76.
According to our analysis, Sterlite Technologies could reach a maximum of ₹152.17 by the end of 2025.
The share price target for Sterlite Technologies in 2030 is projected to range between ₹252.52 and ₹392.37.
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Conclusion
In conclusion, Sterlite Technologies demonstrates resilience and potential despite recent financial challenges. Its innovative approach, global market presence across 150+ countries, and leadership in the optical fiber and cable industry position the company as a key player in the hyper-scale network ecosystem. While profitability metrics have faced pressure, its consistent sales performance and commitment to sustainability reflect a forward-thinking strategy. The company’s focus on innovation, such as the world’s slimmest optical fiber and eco-labeled products, alongside its significant investments in community welfare and renewable energy, underscores its long-term vision for growth and positive societal impact. With increasing shareholder interest and a promising share price trajectory projected up to 2030, Sterlite Technologies holds considerable promise for investors seeking value in the dynamic technology sector.
What did we learn?
- 1 Shareholdings Patterns of Sterlite Technologies
- 2 How to purchase Sterlite Technologies shares?
- 3 Sterlite Technologies Share Price Prediction: 2025, 2026 to 2030
- 3.1 Sterlite Technologies Share Price Target 2025
- 3.2 Sterlite Technologies Share Price Target 2026
- 3.3 Sterlite Technologies Share Price Prediction 2027
- 3.4 Sterlite Technologies Share Price Target 2028
- 3.5 Sterlite Technologies Share Price Target 2029
- 3.6 Sterlite Technologies Share Price Prediction 2030
- 4 Financial Condition of Sterlite Technologies
- 5 FAQS
- 6 Conclusion