Sterlite Technologies FY26 – Strong Growth Driven by AI Infrastructure Pivot

Sterlite Technologies Limited (STL) delivered a robust FY26 performance, with revenue rising 18.8% YoY to ₹4,745 crore and EBITDA margins expanding to 13.2% (₹628 crore). Q4 FY26 showed further momentum, with revenue of ₹1,441 crore and EBITDA margin of 15.1%, reflecting improved operational efficiency and product mix. Key Highlights: 🔹 Order Book Surge: FY26 order intake jumped 110% YoY to ₹7,687 crore, lifting the open order book to ₹7,309 crore — providing strong revenue visibility into FY27. Key wins include global partnerships with Colt, Netomnia, Mynet, SLICFiber, and Swoop across North America, Europe, and India. 🔹 AI Data Centre Pivot: STL successfully repositioned as a provider of AI-ready digital infrastructure. Launches include: Neuralis: A purpose-built connectivity suite for high-density AI data centres India's first Hollow Core Fibre (HCF): Enables ~46% faster light transmission Multi-Core Fibre (MCF): Scales bandwidth for hyperscalers 🔹 Innovation & Sustainability: With 780+ global patents, STL leads in optical technology. It is the world's first optical manufacturer certified for zero liquid discharge and zero waste to landfill, with a Net-Zero by 2030 target. Strategic Outlook: STL's pivot toward high-growth AI infrastructure, combined with a record order book and margin expansion, positions it well for sustained growth. The company is transitioning from a traditional optical cable supplier to a technology-led enabler of next-generation connectivity. Execution on large global projects and continued innovation in fibre technology will be key to capitalizing on the global AI infrastructure boom.