Sterlite Technologies Profile
Key Indicators
- Authorised Capital ₹ 150.00 Cr
- Paid Up Capital ₹ 97.55 Cr
- Company Age 24 Year, 11 Months
- 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 24 years and 11 months. 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
Industry
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.
Who are the key members and board of directors at Sterlite Technologies?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Amit Deshpande  | Company Secretary | Current | |
| Ankit Agarwal | Managing Director | 20-Jan-2021 | Current |
| Tushar Shroff | CFO | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Venkatesh Murthy | Whole-Time Director | 27-Jul-2023 | Current |
| Subramanian Madhavan | Director | 20-Jan-2021 | Current |
| Sandip Das | Director | 16-Oct-2017 | Current |
| Pravin Agarwal | Whole-Time Director | 30-Oct-2006 | Current |
| Anil Agarwal | Director | 30-Oct-2006 | Current |
| Bangalore Arun | Director | 20-Jan-2021 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Anil Agarwal FoundationAnil Agarwal is a mutual person
Stl Digital LimitedAnil Agarwal and Ankit Agarwal are mutual person
India1 Payments LimitedAmrita Gangotra is a mutual person
Shopkhoj Content Private LimitedSubramanian Madhavan is a mutual person
Eicher Motors LimitedSubramanian Madhavan is a mutual person
Polyplex Corporation LimitedSandip Das is a mutual person
Charges (Loans)
₹6,898.17 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Feb 2023 | Others | ₹100.00 Cr | Open |
| 18 Nov 2022 | Others | ₹230.00 Cr | Open |
| 18 Mar 2021 | Others | ₹290.00 Cr | Open |
| 05 Feb 2021 | State Bank Of India | ₹250.00 Cr | Open |
| 28 Nov 2019 | Others | ₹250.00 Cr | Open |
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.
Deals i
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
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
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.
