Sterlite Electric Share Price Description – Incorporated in 2015, Sterlite Electric (formerly Sterlite Power Transmission) is a leading private-sector power transmission infrastructure developer and solutions provider, operating in India and Brazil. The company is the largest private player when it comes to project portfolios under the interstate Tariff-Based Competitive Bidding route. That’s a 25% market share of transmission projects awarded through that route.
The company is a global leader in manufacturing power cables, conductors and Optical Ground Wire (OPGW)—the last of which is a pretty crucial component in power transmission. Sterlite Electric supplies major utilities across India and exports to over 70 countries from its four advanced manufacturing facilities in Silvassa, Jharsuguda, and Haridwar. Those facilities are the backbone of its high-quality production and innovation in power transmission solutions. Sterlite Electric operates through two primary business units to develop integrated power transmission infrastructure and solutions: Global Infrastructure and Global Products & Services.
- Global Products & Services is responsible for providing essential components, such as cables and conductors that facilitate the movement of electricity, ensuring that the infrastructure meets modern energy demands.
- Global Infrastructure focuses on the development, ownership, and operation of power transmission assets across India and Brazil, enhancing energy delivery efficiency.
In the last fiscal year, Sterlite Electric made significant strides in India and Brazil. That’s where the company cemented its position as a major player in the power transmission sector. Its portfolio now includes 33 projects and 16,529 circuit kilometers of transmission lines. That’s a big deal. Of those, 20 projects in India cover 11,495 circuit kilometers. That’s backed by a capital expenditure of around INR 26,724 crore. The aim is to enhance grid reliability and integrate more renewable energy. At the same time, in Brazil, where Sterlite Electric has been operating for six years now, the company has developed 13 transmission projects stretching 5,034 kilometers. Total investments there come to around INR 11,182 crore.
Sterlite Electric is also the sponsor of IndiGrid, India’s first power sector Infrastructure Investment Trust-listed on the Bombay Stock Exchange and the National Stock Exchange. The company had plans to raise INR 1,250 crore through an IPO. But those plans have been put on hold due to current market volatility. That IPO would have been a big deal. There was also a possibility of a pre-IPO placement of up to INR 220 crore. Sterlite Electric is a power transmission infrastructure developer in India and Brazil.
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Products & Services of Sterlite Electric
- Conductors – Supply to 70+ countries, production capacity of 1,32,000 MT/year
- Optical Ground Wire (OPGW) – Capacity of ~24,000 km/year (14,912 miles/Year)
- Cables & Solutions – Wide product range covering 6.6 kV to 220 kV power cables
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 (erstwhile known as VNLTL)
- Nangalbibra Bongaigaon Transmission (NBTL)
- Kishtwar Transmission Project (KTPL)
- Fatehpur III Beawar Transmission
- Fatehgarh-Bhadla Transmission Line
- Neemrana II Kotputli Transmission
Key Highlights FY 2024
- Sterlite Electric, a global leader in power products and solutions, has secured INR 2,400 crore worth of orders in Q4 FY25 — its highest quarterly order intake for the financial year. With this, the company’s total order wins for FY 2025 have reached INR 7,500 crore. These achievements underscore Sterlite Electric’s strong position in developing future-ready and sustainable power infrastructure, both in India and internationally.
- As of May 2024, Sterlite Electric has secured INR 1,373 crore in funding for its Neemrana II Kotputli Transmission Limited (NKTL) project from the state-owned Power Finance Corporation.
- The company now has a total portfolio of 20 transmission projects in India, spanning more than 11,495 ckm, through a total capex of INR 26,724 crores.
- The company has developed a portfolio of 13 transmission projects in the fast-growing South American nation, spanning 5,034 ckm, through a total capex of INR 11,182 crores.
- Consistent and industry-best uptimes of OPGW, Colocations, and UG 99.99% with no compromise QHSE of 0% LTIFR and 100% NCR score.
- 10 new logos were added to the MTCIL & GMDA network (a total of 47 unique customers).
- INR 500+ crores Cumulative contractual portfolio OB.
- Sterlite Electric has signed a contract with Rajasthan Rajya Vidyut Prasaran Nigam (RVPNL) for the O&M and monetization of its 17,343 kilometers of Optical Ground Wire (OPGW) assets.
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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 520 per share |
| Total number of shares | 12,24,29,957 shares |
| Market Cap | INR 6,366 crore |
| Website | www.sterlitepower.com |
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Sterlite Electric Unlisted Share Price – Shareholding Pattern
Top equity shareholders of the company as of 31 March 2024:
| Shareholder Name | % to Holding | No. of shares |
| Promoter and promoter group | 73.98 | 9,05,70,202 |
| Others | 26.02 | 3,18,59,755 |
Sterlite Electric Unlisted Share Price – Financial Metrics
| Particulars | FY 2022 | FY 2023 | FY 2024 |
| Revenue | 5,197.48 | 3,278.65 | 4,917.89 |
| Revenue Growth (%) | 148.40 | (36.92) | 50.00 |
| Expenses | 4,640.72 | 2,880.65 | 4,448.20 |
| Net income | 440.14 | (32.73) | (216.88) |
| Margin (%) | 8.47 | (1.00) | (4.41) |
| ROCE (%) | 15.0 | 23.0 | 16.0 |
| ROE (%)* | 15.0 | 17.0 | 15.0 |
| EBITDA (%) | 26.05 | 18.26 | 10.00 |
| Debt/Equity* | 0.13 | 0.26 | 0.34 |
| EPS | 71.94 | (2.68) | (17.72) |
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Sterlite Power Unlisted Share Price – Peer Comparison
| Company | 3-yr Sales CAGR (%) | ROCE (%) | Net Margin (%) | MCap (INR Cr.) |
| Sterlite Electric | 32.96 | 16.0 | (4.41) | 6,366 |
| Kalpataru Projects International | 14.7 | 14.1 | 2.54 | 20,032 |
| K E C International | 16.7 | 16.0 | 2.61 | 23,504 |
Sterlite Electric Annual Reports
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 520 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 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.