Sterlite Tech Holds Investor Meet, Outlines FY27-29 Growth Roadmap with ₹20,000 Cr Revenue Target

Sterlite Technologies Limited (STL) conducted an Investor/Analyst Meet on September 3, 2026, following up on their August 31, 2026, notification. The video recording of this meet is now available on the company's website under the ‘Announcements’ tab at https://stl.tech/investor/#growth-roadmap. Additionally, the investor presentation made during the meeting has been attached for record.

The company presented its Growth Roadmap for FY27-29, branded as 'Lakshya', with a target to achieve ₹20,000 crore in revenue by FY29. STL aims to become one of the top 5 global players in optical connectivity solutions. Key growth drivers identified include the expansion of the Optical Total Addressable Market (TAM), customer co-development initiatives, integrated connectivity solutions, and technology-led differentiation.

To support this growth, STL plans to invest ₹1,000 crore annually over the next three fiscal years to expand its preform, fiber, and cable capacities by 50%. The company is also establishing a greenfield manufacturing facility for pre-terminated connectivity solutions in India, expected to create employment for over 3,000 women. Furthermore, STL is committing 2% of its annual revenue towards continuous technological innovation in areas like MCF, HCF, and CPO.

The company highlighted the structural shift in optical demand, driven by AI compute scaling, data center expansion, and citizen networks. STL foresees significant growth opportunities in AI infrastructure, with India emerging as a key hub. The presentation also detailed STL's position as India's leading end-to-end optical manufacturer with a global market share of 9% (excluding China) and over 38 years of industry leadership. The presentation included a Safe Harbour statement regarding forward-looking statements.