Slide 1: Outcome of Earnings Call - Exchange Intimation Letter
www.stl.tech May 17, 2025 National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor, Phirozee Jeejeebhoy Towers, Plot No. C-1, G Block, Dalal Street, Bandra Kurla Complex, Bandra (East) Mumbai - 400 001. Mumbai - 400 051 Scrip ID - STLTECH Scrip Code - 532374 Sub.: OUTCOME OF EA
Slide 2: Earnings Presentation Earnings Call Q4 & FY25
Earnings Presentation Earnings Call Q4 & FY25 16th May 2025
Slide 3: Safe Harbour
Safe Harbour Certain words and statements in this communication concerning Sterlite Technologies Limited (“the Company”) and its prospects, and other statements relating to the Company’s expected financial position, business strategy, the future development of the Company’s operations and the genera
Slide 4: Ankit Agarwal, Managing Director
Ankit Agarwal Managing Director A believer in purpose-led organizations, Ankit has been leading STL’s growth journey as it transforms billions of lives by connecting the world. He holds sustainability very close to his heart and is leading the company’s ambitious Net-Zero by 2030 target, from the fr
Slide 5: Strategic Priorities for FY26
Strategic Priorities for FY26 Strategic Focus on gaining Focus on 1 Priorities for FY26 2 market share in Optical business 3 growth in STL Digital 4 Robust Financials © 2024-2025 Sterlite Technologies Limited 4
Slide 6: Strategic priorities for FY26: Grow Optical Networking, Build STL Digital
Strategic priorities for FY26 Grow Build Optical Networking STL Digital • Increasing OFC market share and optical • Consciously invest in building connectivity attach rate technology and domain capability • Rapidly building data centre product • Focus on profitable growth portfolio • Driving technol
Slide 7: An ode to Nation Building
An ode to Nation Building During the recent strife, our team stepped up to a responsibility far greater than routine operations From frontline technicians to backend engineers, every member played a critical role in ensuring uninterrupted network connectivity on the frontline across regions — even u
Slide 8: Transforming lives through social responsibility initiatives
Transforming lives through social responsibility initiatives RoboEdge: Empowering students with NextGen skills & focus on Robotics. Jeewan Jyoti: Empowering underprivileged women by training them in Covered 11 schools and benefitted 6,000 students vocational skills. Benefitted 5,800+ women. 4523 kWp
Slide 9: Committed to net-zero emissions by 2030
Committed to net-zero emissions by 2030 MSCI * ESG rating at A ENVIRONMENTALLY SOCIALLY GOVERNED SUSTAINABLE RESPONSIBLE WITH CARE Eco-labelled products Committed to the UN SDGs1 Strong internal governance 260,000+ MT 16 Waste diverted from landfills (FY19 – Q4FY25) Aligned with 16 of the 17 SDGs Tw
Slide 10: Optical Business; STL's focus on gaining market share
Optical Business; STL’s focus on gaining market share Strategic Focus on gaining Focus on 1 Priorities for FY26 2 market share in Optical business 3 growth in STL Digital 4 Robust Financials © 2024-2025 Sterlite Technologies Limited 9
Slide 11: Three investment cycles coinciding
Three investments cycles coinciding Multi-year network build cycle FTTx Data Centers 5G Supported by: Global Global FTTx deployments Rise in no of Global 5G Operators • DCs giving rise to long haul fibre deployments for inter Global optical cable demand 509 515 524 535 578 582 585 622 618 DC connect
Slide 12: AI revolution and Data Centre expansion presenting unprecedented opportunity
AI revolution and Data Centre expansion presenting unprecedented opportunity Opportunity Fibre explosion in DC STL’s AI-DC Portfolio Estimated global data centre capacity demand, gigawatts AI-Driven Fibre Make in India for the World 219 Demand 181 64 153 56 128 50 103 45 82 40 156 Non-AI Workload 38
Slide 13: Global OFC demand poised for modest rebound in 2025
Global demand poised for modest rebound in 2025, long term outlook remains stable Reflections 700 587 612 As per CRU; 562 • 2025 shows promising signs, with global 600 577 538 OFC Demand (Mn Fkm) 536 524 consumption projected to grow 2.7% YoY after two years of decline. 500 • Recovery in 2025 is dri
Slide 14: Fiber is the backbone of all digital infrastructure
Fiber is the backbone of all digital infrastructure 5G, FTTH, AI-DC all bank on the DNA that is optical fiber “Where we have fiber, we win!” An increase of ~44,400 R kms of fibre in FY 25! AT&T continues to ramp towards their objective of reaching 50 Airtel continues to invest in their network in te
Slide 15: Technology update
Technology update IP Portfolio ‘First in the World / India’ 740 patents (filed and granted) India’s First Quantum-Secured Network – Breakthrough with Multi-Core Fibre 76 new patents filed in FY’25 Green Hydrogen - Pioneering Sustainability in the Optical Industry 160 micron fibre – World’s Slimmest
Slide 16: Market share and optical connectivity attach rate
Market share and optical connectivity attach rate Global (ex-China) OFC market share Optical connectivity attach rate 22% 13% 8% 8% FY24 FY25 FY24 FY25 Market Share = STL Sales Volume / Total Market Demand Attach rate = Optical connectivity revenue / OFC revenue Stable OFC market share on YoY basis.
Slide 17: Optical Networking Business financial highlights
Optical Networking Business financial highlights Revenue* (INR Cr.) 3,830 3,741 1,027 924 979 810 777 Q4 FY25 revenue at INR 979 Cr. • Improved volumes and revenues on Q1FY25 Q2FY25 Q3FY25 Q4FY24 Q4FY25 FY24 YoY basis FY25 EBITDA* (INR Cr.) EBITDA % Q4 FY25 EBITDA margin at 12.8% 619 • Improved EBIT
Slide 18: Well positioned to grow the Optical Business by building global AI Digital Infrastructure
Well positioned to grow the Optical Business by building global AI Digital Infrastructure 1 Local capacities: Completed capacity expansions, positioned closer to focused markets and well placed to win in the market - seeing good traction in the North American market 2 Cost structure: Actions taken a
Slide 19: Focus on growth in STL Digital
Focus on growth in STL Digital Strategic Focus on 1 Priorities for FY26 2 Focus on gaining market share in Optical business 3 growth in STL Digital 4 Robust Financials 1 © 2024-2025 Sterlite Technologies Limited 8
Slide 20: Continued growth momentum in STL Digital
Continued growth momentum in STL Digital Identity Service offerings Industry vertical ▪ Strong deal momentum with repeat wins from global clients across • Data analytics & AI • Technology manufacturing, healthcare, • Life sciences & healthcare technology, and telecom sectors • Cloud & cyber security
Slide 21: Digital business financial highlights
Digital business financial highlights Revenue* (INR Cr.) 298 290 71 77 78 78 64 Q4 FY25 Revenue at INR 78 Cr. Q1FY25 Q2FY25 Q3FY25 Q4FY24 Q4FY25 FY24 FY25 • Revenues stable q-o-q basis EBITDA*(INR Cr.) Q4 FY25 EBITDA at INR 5 Cr. • Sustained profitable growth, delivering Q1FY25 Q2FY25 Q3FY25 Q4FY24
Slide 22: Ajay Jhanjhari, CFO - Optical Networking Business
Ajay Jhanjhari CFO- Optical Networking Business Ajay is Chartered Accountant and has a rich experience of nearly 15 years bring a deep expertise in the areas of fundraising, capital allocation, merger & acquisition, treasury management, and Business partnering. As the Chief Financial Officer at STL,
Slide 23: Focus on maintaining operating profitability & reducing debt
Focus on maintaining operating profitability & reducing debt Strategic Robust 1 Priorities for FY26 2 Focus on gaining market share in Optical business 3 Focus on growth in STL Digital 4 Financials 2 © 2024-2025 Sterlite Technologies Limited 2
Slide 24: STL financial highlights
STL financial highlights 527 4,083 3,996 452 1,074 999 1,052 146 872 843 111 69 69 13.8 12.9 11.3 11.1 44 8.0 6.5 5.2 Q1FY25 Q2FY25 Q3FY25 Q4FY24 Q4FY25 FY24 FY25 Q1FY25 Q2FY25 Q3FY25 Q4FY24 Q4FY25 FY24 FY25 Revenue* (INR Cr.) EBITDA* (INR Cr.) EBITDA % PAT (INR Cr.) (From Continued Operations) Q4FY
Slide 25: Diversified revenue mix
Diversified revenue mix Geographical distribution Large order wins in Revenues* (INR Cr.) Q4 FY25 4,083 3,996 1% 1% 1% • Secured re-entry with a key US customer 18% 20% for high fiber count OFC solutions, marking a strong comeback after a year. • Won orders from a leading OSP in the 51% Americas for
Slide 26: Order Book Highlights
Order Book Highlights Open order book (INR Cr.) Order book spread (INR Cr.) 4,806 4,378 3,710 667 Q3FY25 Q4FY25 Q1FY26 FY26 and beyond INR 250 Cr Reduction Due to Descoping – FY25 25 © 2024-2025 Sterlite Technologies Limited
Slide 27: Consolidated Financials: Abridged Version
Consolidated Financials: Abridged Version P&L (INR Cr.) Q4FY24 Q3 FY25 Q4 FY25 FY24 FY25 Revenue* 843 999 1,052 4,083 3,996 EBITDA* 44 111 146 527 452 EBITDA % 5.2% 11.1% 13.9% 12.9% 11.3% Depreciation 81 80 79 314 316 Key Updates EBIT* -37 31 67 213 136 • Net Debt stands at 1,350 Cr at FY25 Finance
Slide 28: Global Services demerger status: Completed; Listing Expected in Q1 FY26
Global Services demerger status: Completed; Listing Expected in Q1 FY26 Completed – May 2023 Completed –Sept 2023 Completed In Progress Board / Audit Committee Stock Exchange Filings NCLT Filings and Listing of Resulting Co Approval for Demerger and receipt of In-principle Approvals (Post receipt of
Slide 29: Demerger Success: STL Networks
Demerger Success: STL Networks 01 02 Strategic Separation New Brand Identity Completed STL demerged its Global Services 'Invenia': The demerged entity Business into STL Networks now operates under the brand (effective March 31st, 2025), Invenia, with a focused vision on aligning with its portfolio d
Slide 30: Summary focus areas
Summary focus areas • Drive technology and cost leadership to be in ‘Global Top 3’ • Increase sales in focused markets Optical Business • Increase optical connectivity growth and attach rate • Rapidly building data centre product portfolio • Play a crucial role of a connectivity company in building
Slide 31: Lets answer your queries!
Lets answer your queries! © 2024-2025 Sterlite Technologies Limited 30
Slide 32: beyond tomorrow
beyond tomorrow © 2024-2025 Sterlite Technologies Limited 31