Sterlite Technologies (STLTECH) Q4 25/26 earnings summary

Executive summary

• Achieved strong FY26 performance with Q4 revenue at INR 1,441 crore and full-year revenue at INR 4,745 crore, driven by scale, product mix, and operational leverage.

• EBITDA margin expanded to 15.1% in Q4 FY26 and 13.2% for FY26, supported by operational efficiencies.

• Order inflows more than doubled year-on-year, led by strategic wins in data centers and telecom, especially in North America and India.

• Innovation milestones include India's first Hollow Core Fiber cable and the Neuralis AI data center portfolio, reinforcing technology leadership.

• Audited consolidated and standalone financial results for FY26 were approved with an unmodified opinion from the statutory auditors.

Financial highlights

• FY26 consolidated revenue: INR 4,745 crore, up from INR 3,996 crore in FY25; Q4 FY26 revenue: INR 1,441 crore.

• FY26 EBITDA: INR 628 crore (up from INR 452 crore in FY25); margin improved to 13.2%.

• Net profit from continuing operations for FY26 was INR 56 crore, reversing a loss of INR 72 crore in FY25.

• Net debt at INR 1,128 crore; debt/equity 0.5; net debt/EBITDA 1.3x.

• Order book at INR 7,309 crore, up 67% year-on-year.

Outlook and guidance

• Targeting 20% EBITDA margin by end of current fiscal and net debt/EBITDA below 1.2x for FY27.

• Enterprise and data center segment expected to scale to 30% of revenues in FY27.

• Robust order pipeline provides strong revenue visibility.

• CapEx of approximately INR 500 crore planned for technology upgrades and data center offerings.

• Monitoring regulatory changes and ongoing US litigation; financial impact not yet determinable.