Sterlite Technologies Limited

Designs and manufactures optical fiber and cables, with global joint ventures.

2000 | Pune, Maharashtra (India) | Active
Last Updated:

Sterlite Technologies Profile

Key Indicators

  • Authorised Capital ₹ 150.00 Cr
  • Paid Up Capital ₹ 97.55 Cr
  • Company Age 25 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6,898.17 Cr
  • Satisfied Charges ₹ 12,730.52 Cr
  • Revenue Growth 8.87%
  • Profit Growth -7.09%
  • Ebitda 73.62%
  • Net Worth 2.23%
  • Total Assets 2.87%

About Sterlite Technologies

Sterlite Technologies Limited (STL) is a leading Public Limited Indian Non-Government Company incorporated in India on 24 March 2000 and has a history of 25 years and one month. Its registered office is in Pune, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532374 and on the National Stock Exchange(NSE) under STLTECH.

The Corporate was formerly known as Sterlite Telecom Systems Limited. The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 150.00 Cr and a paid-up capital of Rs 97.55 Cr.

The company currently has active open charges totaling ₹6,898.17 Cr. The company has closed loans amounting to ₹12,730.52 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sterlite Technologies Limited India are Amit Deshpande as COMPANY SECRETARY and Tushar Shroff as Cfo. Anil Agarwal, Pravin Agarwal, Sandip Das, and Six other members serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L31300PN2000PLC202408

  • Company No.

    269261

  • Stock Symbol

    BSE : 532374 NSE : STLTECH

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Mar 2000

  • Date of AGM

    29 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Pune

Industry

Manufacturing

What products or services does Sterlite Technologies Limited offer?

Sterlite Technologies Limited offers a wide range of products and services, including Curtain and Drapery Hardware, Curtain Accessories, Electrical & Signaling Contractors, Electrical Installation, Waste Management & Control Services, Waste Management Services, Computer and Networking Solutions, Networking Solutions, Patch Cords, Fiber Optic Patch Cord.

Company report

Sterlite Technologies Limited

Explore comprehensive data for Sterlite Technologies Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Sterlite Technologies?

Executive Team (3)

NameDesignationAppointment DateStatus
Amit Deshpande Country flag representing In Company SecretaryCurrent
Ankit Agarwal Country flag representing In Managing Director20-Jan-2021Current
Tushar Shroff Country flag representing In CFOCurrent

Board Members (8)

NameDesignationAppointment DateStatus
Venkatesh Murthy Country flag representing In Whole-Time Director 27-Jul-2023Current
Subramanian Madhavan Country flag representing In Director 20-Jan-2021Current
Sandip Das Country flag representing In Director 16-Oct-2017Current
Pravin Agarwal Country flag representing In Whole-Time Director 30-Oct-2006Current
Anil Agarwal Country flag representing In Director 30-Oct-2006Current
Bangalore Arun Country flag representing In Director 20-Jan-2021Current

Financial Performance of Sterlite Technologies.

Sterlite Technologies Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.87% increase. The company also saw a slight decrease in profitability, with a 7.09% decrease in profit. The company's net worth moved up by a moderate rise of 2.23%.

Sterlite Technologies revenue growth over time
Sterlite Technologies profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
8.87%
Revenue from Operations
6.67%
Total Assets
2.87%
Profit or Loss
-7.09%
Net Worth
2.23%
EBITDA
73.62%

What is the Ownership and Shareholding Structure of Sterlite Technologies?

In 2023, Sterlite Technologies had a promoter holding of 54.06% and a public holding of 45.95%. The company had 6 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6,898.17 Cr

Satisfied Charges

₹12,730.52 Cr

Charges Breakdown by Lending Institutions

  • Others : 6019.00 Cr
  • State Bank Of India : 449.00 Cr
  • Housing Development Finance Corporation Limited : 224.05 Cr
  • Citi Bank N.A. : 160.00 Cr
  • Il & Fs Trust Company Ltd : 45.77 Cr
  • Others : 0.35 Cr

Latest Charge Details

DateLenderAmountStatus
17 Feb 2023Others₹100.00 CrOpen
18 Nov 2022Others₹230.00 CrOpen
18 Mar 2021Others₹290.00 CrOpen
05 Feb 2021State Bank Of India₹250.00 CrOpen
28 Nov 2019Others₹250.00 CrOpen

How Many Employees Work at Sterlite Technologies?

Sterlite Technologies has a workforce of 1570 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Sterlite Technologies Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sterlite Technologies, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Sterlite Technologies's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Sterlite Technologies

Recent activity within the organization

  • Annual General Meeting

    Sterlite Technologies Limited last Annual general meeting of members was held on 29 Jul 2024 as per latest MCA records.

  • Director Appointment

    Amrita Gangotra was appointed as a Director was appointed as a Director on 07 Jun 2024 & has been associated with this company since 11 months 7 days .

  • Charges

    A charge registered on 26 Mar 2024 via Charge ID 100887613 with Others was fully satisfied on 24 Apr 2024.

  • Charges

    A charge registered on 30 Jul 2021 via Charge ID 100472393 with Others was fully satisfied on 19 Apr 2024.

  • Balance Sheet

    Sterlite Technologies Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

  • Charges

    A charge with Others amounted to Rs. 100.00 Cr with Charge ID 100887613 was registered on 26 Mar 2024.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Sterlite Technologies Limited?

    Sterlite Technologies Limited was incorporated on 24 Mar 2000.

  • What is authorized share capital and paid-up capital of Sterlite Technologies Limited?

    The authorized share capital of Sterlite Technologies Limited is ₹ 150.00 Cr and paid-up capital is ₹ 97.55 Cr.

  • Who are the current board members & directors of Sterlite Technologies Limited?

    Currently 11 directors are associated with Sterlite Technologies Limited.

    • Anil Kumar Agarwal
    • Pravin Agarwal
    • Sandip Das
    • Bangalore Jayaram Arun
    • Ankit Kumar Agarwal
    • Subramanian Madhavan
    • Kumud Madhok Srinivasan
    • Amrita Gangotra
    • Venkatesh Murthy
    • Amit Vilas Deshpande
    • Tushar Dhansukh Shroff

  • What is the registered address of Sterlite Technologies Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sterlite Technologies Limited is 4Th Floor Godrej Millennium Koregaon Road 9, Sts 12/1 India, Pune, Maharashtra, 411001.

  • What is the corporate identification number (CIN) and company number of Sterlite Technologies Limited?

    The corporate identification number (CIN) of Sterlite Technologies Limited is L31300PN2000PLC202408 and the company number is 269261 as per Ministry of Corporate Affairs (MCA).

  • Is Sterlite Technologies Limited registered with any stock exchange in India?

    Yes, Sterlite Technologies Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): STLTECH.

  • What is the official website of Sterlite Technologies Limited?

    The Official website of Sterlite Technologies Limited is https://www.stl.tech

  • What has been the recent revenue trend for Sterlite Technologies Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Sterlite Technologies Limited has risen by 8.87%.

  • How many employees does Sterlite Technologies Limited currently have?

    As Per 2023 financial reports, 1570 employees are currently employed by Sterlite Technologies Limited.

  • What change has been observed in the net worth of Sterlite Technologies Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Sterlite Technologies Limited has experienced an upsurge of 2.23%.

  • What are the total open charges for Sterlite Technologies Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Sterlite Technologies Limited amount to ₹ 6,898.17 Cr.

  • When was the last Balance Sheet of Sterlite Technologies Limited filed with the ROC?

    The most recent Balance Sheet for Sterlite Technologies Limited was filed with the ROC on 31 Mar 2024.

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