Sterlite Technologies Limited · NSE:STLTECH

Sterlite Technologies — Q2 FY27 Earnings Presentation

30 slides from Sterlite Technologies's earnings presentation, Oct 23, 2026

  1. Slide 1: Earnings Presentation

    Earnings Presentation Earnings Call Q2FY27 & H1FY27 23 October 2026 © 2022-2023 Sterlite Technologies Limited

  2. 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

  3. 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

  4. Slide 4: 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 35+ Years of industry leadership Offerings 805+ Global patents filed and

  5. Slide 5: Glass to Gigabit Connectivity – Presence Across Value Chain

    Glass to Gigabit Connectivity – Presence Across Value Chain Breakthrough Innovations across the chain FIBRE FIBRE CABLE CONNECTIVITY CONNECTIVITY DATA CENTRE CONCAT Neuralis Stellar bend- Multiverse multi-core Celesta IBR ribbon OptoBlaze plug-‘n’- CONCAT spliceless Neuralis AI-DC insensitive fibre

  6. Slide 6: 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 6

  7. Slide 7: Lakshya: Strategic Priorities for FY27

    Strategic Priorities for FY27 BUILDING THE FOUNDATION IN FY27 Growth Roadmap FY27–29 Five priorities that put Lakshya into action Lakshya Grow revenue share of integrated connectivity 01 solutions To be among the top 5 players globally in 02 Scale ‘Data Centre’ segment’s revenue contribution optical

  8. 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

  9. Slide 9: Growth Momentum with all Three Investment Cycles Coinciding

    Growth Momentum with all Three Investment Cycles Coinciding Multi-year network build cycle Data Centres 5G / 6G FTTx Supported by: Global Global 5G subscriptions by Global FTTx deployments – OFC mfkm Investment by Hyperscalers 6.4 166 CRU upgrades projected global 2031, making up 67% of total 157 Bn

  10. Slide 10: AI Revolution and Data Centre Expansion Presenting Unprecedented Opportunity

    AI Revolution and Data Centre Expansion Presenting Unprecedented Opportunity Opportunity Size TAM Levers in AI Architecture STL’s AI-DC Portfolio Estimated global data centre capacity demand, gigawatts SCALE OUT More nodes, more fibre 219 Non-AI Workload AI Workload 181 64 Expanding AI servers and G

  11. Slide 11: India Data Centre Expansion – A Structural Optical Fibre Tailwind

    India Data Centre Expansion – A Structural Optical Fibre Tailwind India’s live DC capacity reached ~1.8 GW, after a record 258 MW addition in H1FY27 India DC Capacity Expansion Strategic Announcements Policy Tailwinds State Incentives 10.5 Offering stamp duty waivers, GW 10-20 year electricity-duty

  12. Slide 12: 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 John Stankey, Chairman and chief executive at AT&T, Jensen Huang, Founder & CEO of NVIDIA stated : commented: The next generation of artificial intelligence infrastructure “Fiber remain

  13. Slide 13: A Clear Multi-year Upcycle in Global Fibre Demand from CY25

    A Clear Multi-year Upcycle in Global Fibre Demand from CY25 Reflections 900 851 812 As per CRU; 800 773 734 • Demand outlook upgraded again: Global 688 700 OFC Demand (Mn Fkm) optical cable demand upgraded to ~851 Mn 596 fkm by 2031, reflecting an ~7.5% CAGR (2025- 600 554 529 31). 500 • Supply–dema

  14. 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

  15. Slide 15: Strong Order Momentum with Multi-Year LTSAs

    Strong Order Momentum with Multi-Year LTSAs Positioning STL to Outpace Market Growth Order Intake (INR Cr.) Key Strategic Wins: ✓ NEW: $1.2B Multi-Year Hyperscaler Order Win (CY26-30) 4.2x Secured ~₹11,500+ Cr long-term agreement with an another global hyperscaler for AI-ready optical solutions. ✓ L

  16. Slide 16: Market Share and Optical Connectivity Attach Rate

    Market Share and Optical Connectivity Attach Rate Global (ex-China) OFC market share Optical connectivity attach rate 24% 20% 9% 7% H1FY26 H1FY27 H1FY26 H1FY27 Market Share = STL Sales Volume / Total Market Demand Attach rate = Optical connectivity revenue / OFC revenue Increased OFC market share Re

  17. Slide 17: Driving Innovation Leadership - Technology Update

    Driving Innovation Leadership - Technology Update KEY DEVELOPMENTS FIRST IN THE WORLD / INDIA BUILDING NEXT-GEN CAPABILITY THIS QUARTER Strengthened Neuralis portfolio with Pre- 100% Green Power: Transitioning optical Hollow-Core Fibre (HCF) Terminated Fiber Trunk Assemblies to power manufacturing t

  18. Slide 18: STL Neuralis: AI-Era Data Center Portfolio

    STL Neuralis: AI-Era Data Center Portfolio TWO MISSION-CRITICAL PILLARS NEW: PRE-TERMINATED TRUNK ASSEMBLIES FEATURED PRODUCT PORTFOLIO 1 AI WHITESPACE 1 MMC Connectivity 2 Fiber Array Cords & Assemblies NEW · LAUNCHED SEP 2026 Internal Connectivity US CONEC CERTIFIED Ultra-high-density MMC / MPO ca

  19. Slide 19: 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 physica

  20. Slide 20: 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

  21. Slide 21: 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 FY27 Market Opportunity Performance Update © 2026-2027 Sterlite Technologies Limited 21

  22. Slide 22: Financial Performance: Delivering Highest-Ever Quarterly Results

    Financial Performance: Delivering Highest-Ever Quarterly Results Revenue* (INR Crs) EBITDA (INR Crs) EBITDA % 24% # 1,082 4,439 27% # 21% 685 2,529 397 1,910 15% 2,054 14% 1,257 1,441 10% 218 14% 1,034 281 129 141 Q3FY26 Q4FY26 Q1FY27 Q2FY26 Q2FY27 H1FY26 H1FY27 Q3FY26 Q4FY26 Q1FY27 Q2FY26 Q2FY27 H1

  23. Slide 23: Diversified Revenue Mix

    Diversified Revenue Mix Segment distribution Geographical distribution Large order wins Revenues* in (INR Cr.) Revenues* (INR Cr.) Q3 FY26 2,054 4,439 2,054 4,439 25% 33% 33% 61% 14% 42% 75% 53% 21% 25% 18% H1FY26 H1FY27 H1FY26 H1FY27 DC & Cloud Large Enterprise Telecom & Citizen Networks North Amer

  24. Slide 24: Record Order Book Drives Multi-Year Revenue Visibility

    Record Order Book Drives Multi-Year Revenue Visibility Open order book / Backlog (INR Cr.) Order book spread / Backlog Schedule (INR Cr.) 4.6x 35,274 32,253 7,687 3,021 FY26 H1FY27 Q3FY27 Q4FY27 & Beyond © 2026-2027 Sterlite Technologies Limited 24

  25. Slide 25: Consolidated Financials: Abridged Version

    Consolidated Financials: Abridged Version P&L (INR Cr.) Q1 FY27 Q2 FY26 Q2 FY27 H1 FY26 H1 FY27 Key Updates# • Net Debt-Free balance sheet Revenue 1,910 1,034 2,529 2,054 4,439 • Net cash balance stands at INR 703 Cr EBITDA 397 141 846* 281 1,243* • Disciplined Capital Allocation: Capacity EBITDA %

  26. Slide 26: STL's Growth Roadmap Lakshya FY27-29

    STL’s Growth Roadmap Lakshya FY27-29 ▲ Margin upgraded from >27% to >30% ₹20,000 Cr >30% EBITDA 4x revenue, FY26 → FY29 ~₹4,750 Cr ~13% EBITDA FY26 FY27 FY28 FY29 To be read in conjunction with the Safe Harbour Statement and Risks & Assumptions © 2026-2027 Sterlite Technologies Limited 26

  27. Slide 27: 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

  28. Slide 28: 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 290,000+ MT Waste diverted from landfills (FY19 – Q2FY27) 16 Two of the Big Four A

  29. Slide 29: Lets answer your queries!

    Lets answer your queries! © 2026-2027 Sterlite Technologies Limited 29

  30. Slide 30: beyond tomorrow

    beyond tomorrow Lakshmi Iyer Registered Office Chief M&A, IR & Capital Godrej Millenium, 9, Market Strategy Koregaon Road, Pune email: [email protected] Maharashtra Phone: +91 2030514000. Rahul Darak Head - Investor Relations, email: [email protected] 30

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