Sterlite Electric Share Price Description – Incorporated in 2015, Sterlite Electric Limited (formerly Sterlite Power Transmission Limited) has transitioned from a power transmission developer into a specialized capital goods manufacturer within the Power Transmission & Distribution (T&D) sector. The company completed a strategic demerger of its Infrastructure (Build-Own-Transfer) business in India and Brazil into a separate entity, Sterlite Grid 5 Limited (Resonia), effective October 8, 2024. This move allows Sterlite Electric to focus exclusively on high-growth, high-value manufacturing and solutions.
The company is a global leader in manufacturing high-performance power conductors, extra-high voltage (EHV) power cables, and Optical Ground Wire (OPGW). It currently holds a dominant 70% market share in the High-performance Power Conductors segment and approximately 25-28% in the High Ampacity and AL59 conductors market in India. Sterlite Electric supplies major utilities across India and exports to over 75 countries across the Americas, Europe, Africa, and Asia.
The company’s operations are now centred around three core pillars:
- Global Products & Solutions (GPS): Focused on the manufacturing of power transmission conductors, OPGW, and a wide range of power cables (6.6 kV to 400 kV).
- Specialized EPC (Master System Integration – MSI): Executing complex, high-margin projects such as brownfield grid upgrades, reconductoring, and the replacement of ageing infrastructure using advanced mechanisation and drone-based surveys.
- Convergence Infrastructure: Leveraging existing power utility assets to provide infrastructure services for telecommunication and communication service providers.
Sterlite Electric operates advanced manufacturing facilities in Jharsuguda and Haridwar (which recently added a new EHV cable line). To meet surging global demand, the company is also developing a major new greenfield plant in Vadodara, expected to be operational in FY2026, which will increase its conductor capacity by 45%
Financially, the company has significantly strengthened its position, securing funding from the Global Environment Fund (GEF) and a prominent family office, resulting in cash reserves exceeding INR 1,000 crore. While previous IPO plans for the integrated entity were paused, the company is now positioning its standalone manufacturing and solutions business for future capital market engagement, backed by a robust order book of INR 7,276 crore and a 45% expansion in production capacity underway in Vadodara. Sterlite Electric continues to support global grid reliability through innovations like the IntelliSense AI-enabled cable and a focus on green energy transmission.
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Products & Services of Sterlite Electric
- Conductors: Supply to 75+ countries with a current production capacity of 1,30,000 MT/year. Capacity is set to increase by 45% with the commencement of the new Vadodara greenfield plant in FY2026.
- Optical Ground Wire (OPGW): Production capacity of ~24,000 km/year. The company also manages the O&M and monetization of over 17,000 km of OPGW assets for state utilities.
- Cables & Solutions: Expanded product range covering 6.6 kV to 400 kV (Extra High Voltage). This includes the newly operational EHV line at the Haridwar plant to serve the growing demand for undergrounding power networks.
- IntelliSense Cable: India’s first AI-enabled smart power cable platform, providing real-time digital diagnostics and health monitoring for power grids.
- Green Products: Introduction of “Green Aluminum” conductors and cables, significantly reducing the carbon footprint of transmission infrastructure.
- Specialized EPC: End-to-end solutions for complex power transmission projects, including brownfield upgrades and re-conductoring to increase existing line capacity.
Sterlite Electric Projects
- Jabalpur Transmission (JTCL)
- Bhopal Dhule Transmission (BDTCL)
- RAPP Transmission (RTCL)
- Maheshwaram Transmission (MTCL)
- Purulia & Kharagpur Transmission (PKTCL)
- NRSS XXIX Transmission (NRSS)
- East-North Interconnection Company (ENICL)
- Gurgaon-Palwal Transmission (GPTL)
- Khargone Transmission (KTL)
- NER II Transmission (NER-II)
- Odisha Generation Phase-II Transmission (OGPTL)
- Goa-Tamnar Transmission Project (GTTPL)
- Lakadia-Vadodara Transmission Project (LVTPL)
- Udupi Kasargode Transmission (UKTL)
- Mumbai Urja Marg Transmission (VNLTL)
- Nangalbibra Bongaigaon Transmission (NBTL)
- Kishtwar Transmission Project (KTPL)
- Fatehgarh III Beawar Transmission
- Fatehgarh-Bhadla Transmission Line
- Neemrana II Kotputli Transmission (NKTL)
- Beawar Transmission Limited (BTL)
- Khavda IV C Power Transmission Limited
- Rajasthan Green Energy Corridor (Phase-III)
- Marituba Transmissão de Energia
- São Francisco Transmissão de Energia
- GBS Participações
- Goyas Transmissão de Energia
- Borborema Transmissão de Energia
- Solaris Transmissão de Energia
- Jaçanã Transmissão de Energia
- Olindina Participações
- Tangará Transmissão de Energia
- Serra Negra Transmissão de Energia
- SF 542 Participações Societárias
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Key Highlights FY 2025
- Sterlite Electric secured orders worth INR 7,276 crore in FY25, specialising in high-performance conductors, power cables, and specialised EPC services. Export revenue grew by 40% YoY, expanding the company’s global footprint to over 75 countries across Europe, Africa, and Southeast Asia.
- As of March 2025, the company strengthened its financial position by securing funding from the Global Environment Fund (GEF) and a prominent family office, resulting in cash reserves exceeding INR 1,000 crore. This has significantly optimised the balance sheet and reduced annual financing costs.
- On 8 October 2024, the company completed the strategic demerger of its infrastructure (BOT) business into Sterlite Grid 5 (Resonia). This transition allows Sterlite Electric to operate as a pure-play specialized capital goods manufacturer.
- A new greenfield manufacturing plant in Vadodara is in its final stages of completion. Expected to be operational by March 2026, this facility will increase the company’s conductor production capacity by 45% to meet rising global demand.
- The company secured additional major contracts exceeding INR 2,500 crore for the Rajasthan Green Energy Corridor (Phase-III).
- The company launched “IntelliSense Cable,” India’s first AI-enabled smart power cable platform. After successful pilot testing in late 2025, the technology is now being deployed in commercial projects to enhance grid reliability through digital diagnostics.
- Operational excellence was driven by a 10% improvement in productivity through Industry 4.0 and lean manufacturing. Sustainability efforts have scaled to include 30% renewable energy usage in operations and the adoption of “Green Aluminum.”
- The cumulative order book for the Global Products & Services segment remains robust at over INR 7,000 crore, providing clear revenue visibility for the next 18–24 months as the company prepares for its next phase of capital market engagement.
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Sterlite Electric Board of Directors
- Mr. Pravin Agarwal, Chairman
- Mr. Reshu Madan, Whole-Time Director & Chief Executive Officer
- Mr. Pratik Pravin Agarwal, Managing Director
- Mr. Anoop Seth, Independent Director
- Ms. Pooja Somani, Independent Director
- Mr. Frederic Trefois, Independent Director
- Mr. Alipt Sharma, Nominee Director
Sterlite Power Unlisted Share Price Details
| Name | Sterlite Electric Unlisted Share Price |
| Face Value | INR 2 per share |
| ISIN Code | INE110V01015 |
| Lot Size | 25 shares |
| Demat Status | NSDL, CDSL |
| Sterlite Electric Share Price | INR 545 per share |
| Total number of shares | 12,57,49,724 shares |
| Market Cap | INR 6,854 crore |
| Website | www.sterliteelectic.com |
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Sterlite Electric Unlisted Share Price – Shareholding Pattern
Top equity shareholders of the company as of 31 March 2025:
| Shareholder Name | % to Holding | No. of shares |
| Twin Star Overseas Limited, Mauritius | 69.46 | 8,73,40,000 |
| Vedanta | 1.51 | 19,10,000 |
Sterlite Electric Unlisted Share Price – Financial Metrics
| Particulars | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
| Revenue | 5,197.48 | 3,278.65 | 4,917.89 | 4,955.76 |
| Revenue Growth (%) | 148.40 | (36.92) | 50.00 | 0.77 |
| Expenses | 4,640.72 | 2,880.65 | 4,448.20 | 4,524.98 |
| Net income | 440.14 | (32.73) | (216.88) | (156.34) |
| Margin (%) | 8.47 | (1.00) | (4.41) | (3.15) |
| ROCE (%) | 15.0 | 23.0 | 16.0 | 21.0 |
| ROE (%)* | 15.0 | 17.0 | 15.0 | 16.0 |
| EBITDA (%) | 26.05 | 18.26 | 10.00 | 9.38 |
| Debt/Equity* | 0.13 | 0.26 | 0.34 | 0.18 |
| EPS | 71.94 | (2.68) | (17.72) | 24.47 |
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Sterlite Power Unlisted Share Price – Peer Comparison
| Company | 3-yr Sales CAGR (%) | ROCE (%) | Net Margin (%) | MCap (INR Cr.) |
| Sterlite Electric | (1.58) | 21.0 | (3.15) | 6,854 |
| Kalpataru Projects International | 14.7 | 16.0 | 2.52 | 19,249 |
| K E C International | 16.7 | 18.0 | 2.60 | 16,845 |
Sterlite Electric Annual Reports
Sterlite Electric Annual Report FY 2024 – 2025
Sterlite Electric Annual Report FY 2023 – 2024
Sterlite Electric Annual Report FY 2022 – 2023
Sterlite Electric Annual Report FY 2021 – 2022
Sterlite Electric Draft Red Herring Prospectus
Sterlite Electric Unlisted Share Price FAQs
Is it safe to purchase unlisted shares in India?
While there are risks associated with unlisted shares, purchases made from credible brokers and after conducting due diligence considerably lower these risks.
What is Sterlite Electric unlisted share price?
Sterlite Power share price today is INR 548 per share. Shares are purchased in lots of 25 shares.
Who determines Sterlite Electric unlisted share price?
Unlisted share price is determined by various factors, including recent transaction price, supply and demand, valuation in the latest funding round, profitability, and return ratios.
When is Sterlite Electric Limited IPO planned?
Pratik Agarwal, Managing Director of Sterlite Electric, said that given the volatility in the current markets and the limited window available under the currently filed DRHP, it has been decided to withdraw the DRHP.
last year I have purchased 300 shares @1700/share. i am in a huge loss. when will I get an exit opportunity. Pl help.
A stranded investor.
last year I have purchased 300 shares @1700/share of Sterlite Power Transmission ltd., i am in a huge loss. when will I get an exit opportunity. Pl help.
A stranded investor.