Sterlite Technologies Limited · NSE:STLTECH
Sterlite Technologies — Q1 FY27 Earnings Presentation
32 slides from Sterlite Technologies's earnings presentation, Jul 24, 2026
Slide 1: Earnings Presentation Q1FY27
Earnings Presentation Earnings Call Q1FY27 24th July 2026 © 2022-2023 Sterlite Technologies Limited
Slide 2: Safe Harbour
Safe Harbour Certain words and statements in this communication concerning Sterlite Technologies Limited (“the Company”) and its prospects, and other statements relating to the Company’s expected financial position, business strategy, the future development of the Company’s operations and the genera
Slide 3: Ankit Agarwal, Managing Director
Ankit Agarwal Managing Director A believer in purpose-led organizations, Ankit has been leading STL’s growth journey as it transforms billions of lives by connecting the world. He holds sustainability very close to his heart and is leading the company’s ambitious Net-Zero by 2030 target, from the fr
Slide 4: Strategic Priorities for FY27
Strategic Priorities for FY27 1 Strategic Industry Tailwinds & Financial Priorities 2 Market Opportunity 3 Business Performance Update 4 Performance Update for FY27 © 2026-2027 Sterlite Technologies Limited 4
Slide 5: STL is a leading player in global digital connectivity infrastructure
STL is a leading player in global digital connectivity infrastructure Customer Segments #1 End-to-end optical manufacturer in India 9% Global Market Share in OFC (Ex-China) DC and Cloud Telcos Citizen Networks Large Enterprises 30+ Years of industry leadership Offerings 785+ Global Patent Filed and
Slide 6: Glass to Gigabit Connectivity – Presence Across Value Chain
Glass to Gigabit Connectivity – Presence Across Value Chain Breakthrough Innovations Redefining Optical Infrastructure Stellar Bend-Insensitive Fiber Celesta Ribbon Cables Industry-leading flexibility with minimal signal loss - optimized Compact, high-density, faster installs - engineered for rapid
Slide 7: Strategic priorities for FY27
Strategic priorities for FY27 • Grow revenue share of integrated connectivity solutions • Scale ‘Enterprise & DC’ segment’s revenue contribution • Technology leadership in next-gen optical platforms • Drive margin expansion through relentless focus on operational & cost efficiencies 7 © 2026-2027 St
Slide 8: Industry Tailwinds & Market Opportunity
Industry Tailwinds & Market Opportunity Industry Tailwinds 2 Strategic Business 1 3 4 Financial Priorities for & Market Performance Update Performance Update FY27 Opportunity © 2026-2027 Sterlite Technologies Limited 8
Slide 9: Three investments cycles coinciding
Three investments cycles coinciding Multi-year network build cycle FTTx Data Centres 5G / 6G Supported by: Global • Morgan Stanley upgrades their Global FTTx deployments – OFC mfkm 6.4 Global 5G subscriptions by forecasts for hyperscalers’ capex 171 Bn 2030, making up 67% of total in CY 26 from $765
Slide 10: Fiber remains the backbone of all digital infrastructure
Fiber remains the backbone of all digital infrastructure 5G, FTTH, AI-DC all bank on the DNA that is optical fiber “We’re building the UK’s digital backbone even faster Airtel accelerating fibre rollout to power broadband growth and further, connecting the country like no one else” we are future-pro
Slide 11: AI revolution and data centre expansion presenting unprecedented opportunity
AI revolution and data centre expansion presenting unprecedented opportunity Opportunity Size STL’s AI-DC Portfolio Evolving GPU Architecture Estimated global data centre Make in India for the World capacity demand, gigawatts 219 Non-AI Workload AI Workload 153 181 64 400G 800G 1.6T 56 128 50 103 45
Slide 12: India Data Centre Expansion – A Structural Optical Fibre Tailwind
India Data Centre Expansion – A Structural Optical Fibre Tailwind India’s data centre expansion is creating a multi-year fibre demand tailwind, with optical cable demand projected to grow at ~11% CAGR from 17.6M F-km (2025) to 31.5M F-km (2030). India DC Capacity Expansion Strategic Announcements Po
Slide 13: A clear multi-year upcycle in global fibre demand building from 2025
A clear multi-year upcycle in global fibre demand building from 2025 800 760 Reflections 731 696 700 664 As per CRU; 598 OFC Demand (Mn Fkm) • Global mid-term optical cable demand outlook 600 553 strengthened: Following stabilisation in 2025, 537 528 CRU projects demand growth to accelerate to 500 ~
Slide 14: Execution Excellence & Competitive Differentiation
Execution Excellence & Competitive Differentiation 3 Strategic Industry Tailwinds & Business 1 4 Financial Priorities for 2 Market Opportunity Performance Performance Update FY27 Update © 2026-2027 Sterlite Technologies Limited 14
Slide 15: STL poised to outpace market growth with strengthening order momentum
STL poised to outpace market growth with strengthening order momentum Key Strategic Wins: Order Intake (INR Cr.) ✓ Landmark $1.11 Billion Product Award Letter (PAL) Secured (₹10,000+ Cr) from a hyperscaler to supply 1.7x optical connectivity products from FY27 to FY29 for next-gen AI data centers ✓
Slide 16: Driving Innovation Leadership - Technology Update
Driving Innovation Leadership - Technology Update Key Developments This Quarter FIRST IN THE WORLD / INDIA BUILDING NEXT-GEN CAPABILITY MMC Certification - Pre-Terminated Solutions India’s First Quantum-Secured Network Hollow-Core Fibre (HCF) US Conec-certified for AI data centers, delivering Breakt
Slide 17: STL Neuralis: AI-Era Data Center Portfolio
STL Neuralis: AI-Era Data Center Portfolio TWO MISSION-CRITICAL PILLARS STL ACHIEVES US CONEC CERTIFICATION FOR MMC FEATURED PRODUCT PORTFOLIO 1 AI WHITESPACE 1 Pre-Terminated Fiber Trunks 2 Fiber Array Cords & Assemblies Internal Connectivity Ultra-high-density MMC / MPO cabling Factory termination
Slide 18: Next-Generation Fiber Portfolio: Engineered for the AI-DC Era
Next-Generation Fiber Portfolio: Engineered for the AI-DC Era G.654.E Hollow Core Fiber Multi-Core Fibre • 30% lower signal loss • Light travels through an air-filled core, not solid silica • 4–7x higher data capacity vs. single-core fibre • 50% larger core area • ~30–47% lower latency • Same physic
Slide 19: CONCAT: Redefining U.S. FTTH Deployment Economics
CONCAT: Redefining U.S. FTTH Deployment Economics W H AT C O N C AT D E L I V E R S SOLUTION SPOTLIGHT 1 Reduced Complexity 2 True Plug-and-Play Fiber preparation & termination shifted to a Factory-assembled, pre-connectorized fiber controlled factory environment - consistent quality, segments enabl
Slide 20: Market share and optical connectivity attach rate
Market share and optical connectivity attach rate Global (ex-China) OFC market share Optical connectivity attach rate 16% 15% 9% 8% FY26 Q1FY27 FY26 Q1FY27 Market Share = STL Sales Volume / Total Market Demand Attach rate = Optical connectivity revenue / OFC revenue Increased OFC market share. Focus
Slide 21: Ajay Jhanjhari, Chief Financial Officer
Ajay Jhanjhari Chief Financial Officer Ajay is Chartered Accountant and has a rich experience of nearly 15 years bring a deep expertise in the areas of fundraising, capital allocation, merger & acquisition, treasury management, and Business partnering. As the Chief Financial Officer at STL, his visi
Slide 22: Focus on maintaining operating profitability & reducing debt
Focus on maintaining operating profitability & reducing debt Strategic 4 1 Priorities for Industry Tailwinds & Business Financial 2 3 Performance Update FY26 Market Opportunity Performance Update © 2026-2027 Sterlite Technologies Limited 22
Slide 23: STL Financial Performance – Highest Ever!
STL Financial Performance – Highest Ever ! Revenue* (INR Crs) EBITDA % EBITDA (INR Crs) 397 1,910 20.8 218 1,441 1,257 1,020 1,034 141 129 15.1 140 10.3 13.6 13.7 Q2FY26 Q3FY26 Q4FY26 Q1FY26 Q1FY27 Q2FY26 Q3FY26 Q4FY26 Q1FY26 Q1FY27 PAT* (INR Crs) 197 Q1 FY27 Revenue: INR 1,910 Cr Driven by strong 8
Slide 24: Diversified revenue mix
Diversified revenue mix Segment distribution Geographical distribution Large order wins Revenues* in (INR Cr.) Revenues* (INR Cr.) Q3 FY26 4,745 1,910 4,745 1,910 1% 17% 21% 39% 54% 18% 82% 39% 25% 61% 22% 22% FY26 Q1FY27 FY26 Q1FY27 DC & Cloud Large Enterprise Telecom & Citizen Networks Americas Eu
Slide 25: Open order book / Backlog highlights
Open order book / Backlog highlights Open order book / Backlog (INR Cr.) Order book spread / Backlog Schedule (INR Cr.) 2.4x 18,618 16,390 7,687 2,228 FY26 Q1FY27 Q2 FY27 Q3FY27 & Beyond © 2026-2027 Sterlite Technologies Limited 25
Slide 26: Consolidated financials: Abridged version
Consolidated financials: Abridged version P&L (INR Cr.) Q4 FY26 Q1 FY26 Q1 FY27 Key Updates# Revenue* 1441 1,019 1,910 • Net Debt-Free balance sheet EBITDA* 218 140 397 • Net cash balance stands at 483 Cr EBITDA % 15.1 13.7 20.8 Depreciation (77) (77) (85) EBIT* 141 63 312 Credit Profile Strengthene
Slide 27: Successful QIP Secures Next Phase of Growth
Successful QIP Secures Next Phase of Growth ₹1,500 Cr QUALIFIED INSTITUTIONAL PLACEMENT USE OF PROCEEDS STRONG PARTICIPATION 75% Allocation Deleveraging Balance Sheet The issue witnessed strong participation from leading 25% Allocation domestic and global institutional investors. General Corporate P
Slide 28: Transforming lives through social responsibility initiatives
Transforming lives through social responsibility initiatives RoboEdge: Empowering students with NextGen skills & focus on Robotics. Jeewan Jyoti: Empowering underprivileged women by training them in Covered 12 schools and benefitted 10,000+ students. vocational skills. Benefitted 6,500+ women. ESG E
Slide 29: Committed to net-zero emissions - Progress with Purpose
Committed to net-zero emissions - Progress with Purpose Synesgy “A” Rating ENVIRONMENTALLY SOCIALLY GOVERNED SUSTAINABLE RESPONSIBLE WITH CARE Eco-labelled products Committed to the UN SDGs1 Strong internal governance 286,200+ MT Waste diverted from landfills (FY19 – Q1FY27) 16 Two of the Big Four A
Slide 30: Summary focus areas
Summary focus areas Drive technology and cost leadership Drive sales of integrated connectivity solutions in partnership with key customers Scaling data centre & cloud business © 2026-2027 Sterlite Technologies Limited 30
Slide 31: Lets answer your queries!
Lets answer your queries! © 2026-2027 Sterlite Technologies Limited 31
Slide 32: beyond tomorrow
beyond tomorrow Registered Office Rahul Darak Godrej Millenium, 9, Head - Investor Relations, Koregaon Road, Pune Sterlite Technologies Maharashtra Limited Phone: +91 2030514000. email: [email protected] 32
Sterlite Technologies — Q1 FY27 Earnings Presentation on 6ix