STL Announces Annual CapEx of ₹1,000 Crore Through FY29
Sterlite Technologies Limited (STL), a major Indian optical fibre cable (OFC) manufacturer, has announced an annual capital expenditure (CapEx) of ₹1,000 crore through FY29. The company shared this broad investment plan during its Q2 FY27 earnings call.
As part of its expansion plans, STL is increasing its preform, fibre and cable manufacturing capacities by 50% over the existing baseline. The company is also setting up a new greenfield facility for preform-related solutions.
For Q2 FY27, STL reported revenue of ₹2,529 crore and a profit of ₹517 crore.
The company recorded an order inflow of ₹32,026 crore during the first half of FY27. Commenting on the order book, CFO of the company, Mr Ajay Jhanjhari, said that the unexecuted order book stood at ₹35,274 crore as of 30th September 2026, representing a 4.6-fold increase from ₹7,687 crore at the beginning of FY27. He added that orders worth ₹3,021 crore are scheduled for execution in Q3 FY27, while the remaining orders will be executed in Q4 FY27 and beyond.
