Sterlite Technologies Ltd
Sterlite Technologies Q2 FY27: Revenue INR 2,529 Cr, EBITDA INR 846 Cr
FUNDRAISE
▲ Positive Development
LOW RISK
📅 Filed on BSE: 23 Oct 2026, 12:53 PM IST · BSE ID: ce74c45c-6ab0-4472-9347-42a17c298f30
View Original BSE Filing (PDF)
💡
In Simple Terms
Sterlite Technologies achieved its best-ever revenue and profit in the quarter, supported by major supply deals and a strong order backlog.
🤖 AI Summary
- Sterlite Technologies reported record Q2 FY’27 revenue of INR 2,529 Cr, with EBITDA at INR 846 Cr.
- Company's open order book reached INR 35,274 Cr at the end of the quarter.
- Achieved net debt-free balance sheet with Profit After Tax (PAT) of INR 517 Cr.
- Secured multiple long-term supply agreements valued up to US$ 1.2 Bn with hyperscalers.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Open Order Book
INR 35,274 Cr
Profit After Tax (PAT)
INR 517 Cr
Optical Connectivity Attach Rate
24%
US$ 1.2 Bn Agreement Value
INR 11,500 Cr
US$ 1.11 Bn Product Award Value
INR 10,500 Cr
🏢 How This Affects the Company
The record revenue and substantial order book indicate strong demand for the company's connectivity solutions and expansion in the AI-ready digital infrastructure market. Secured large multi-year agreements enhance future revenue visibility.
Achieving a net debt-free balance sheet signifies improved financial health. Strong revenue growth and margin expansion, coupled with a one-time tariff refund, significantly boosted PAT.
The results suggest robust execution of existing orders and successful integration of new large-scale agreements, potentially requiring scaling of operations to meet demand.
Reliance on large hyperscaler contracts introduces concentration risk. However, diversification of wins mitigates this to some extent.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders based on this financial results disclosure.
👤
Who Is Affected
All shareholders are affected by the company's financial performance and strategic developments as disclosed in the results.
🔍
Management Signal
Management demonstrates a commitment to growth, deleveraging the balance sheet, and securing long-term revenue streams through strategic partnerships.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q3 FY27 results for revenue and order book trends.
Execution progress on secured long-term supply agreements.
Continued trends in optical connectivity attach rates.
LOW RISK
Filing primarily reports strong historical financial performance and secured orders, with no immediate new risks identified.
💡 Investor Takeaway
Sterlite Technologies reported record Q2 FY’27 revenue of INR 2,529 Cr and EBITDA of INR 846 Cr, achieving a net debt-free balance sheet. The open order book stands at INR 35,274 Cr.
⚖️ Strengths & Concerns
✅ Positives
- Record revenue of INR 2,529 Cr in Q2 FY’27 and record EBITDA of INR 846 Cr reflect strong operational performance.
- Open order book of INR 35,274 Cr provides significant revenue visibility for future periods.
⚠️ Concerns
- Profit After Tax (PAT) of INR 517 Cr includes a one-time tariff refund gain, making it non-recurring.
- Significant year-on-year growth figures (~145% revenue, ~500% EBITDA) may be influenced by a lower base in the prior period.
📅 Company Track Record
Sterlite Technologies recently raised INR 1500 Crore via QIP in June 2026 at ₹583.01/share. A previous preferential issue of warrants had funds of Rs. 1,24,57,50,000.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Sterlite Technologies' revenue for the quarter ended September 30, 2026?
Sterlite Technologies reported a record revenue of INR 2,529 Cr for the quarter ended September 30, 2026.
What is Sterlite Technologies' current open order book value?
The company's open order book stands at INR 35,274 Cr at the end of the quarter ended September 30, 2026.
What was Sterlite Technologies' EBITDA for Q2 FY’27?
Sterlite Technologies reported an EBITDA of INR 846 Cr for the quarter ended September 30, 2026.
Did Sterlite Technologies achieve a debt-free balance sheet?
Yes, Sterlite Technologies reported a net debt-free balance sheet for the quarter ended September 30, 2026.
What is the value of the multi-year agreement with a hyperscaler?
Sterlite Technologies signed a multi-year agreement with a hyperscaler valued at US$ 1.2 Bn (approximately INR 11,500 Cr).
Questions based on this BSE filing only. For information purposes.