Investment Overview
Sterlite Electric Limited (formerly Sterlite Power) is an unlisted company operating in the Utilities sector (Power Transmission). Sterlite Power develops and operates electricity transmission projects and supplies power conductors, cables and OPGW through its solutions business. The company pioneered competitive bidding in Indian transmission and has executed projects across challenging geographies. It focuses on technology-le…
Strengths
- : Strong global representation in India and Brazil.
- : Focus on sustainability with green energy projects.
- : Consistent earnings growth, reaching ₹4,918 crore in FY2024.
Key Risks
- : High debt-to-equity ratio of 0.58 increases financial exposure.
- : Capital-intensive projects require notable long-term investment.
- : There's capacity for Regulatory risks to effect functioning and profitability.
Valuation View
The current unlisted market price is ₹539.54 per share with a market capitalisation of approximately ₹7688 crore. The company is currently unlisted and investors should factor in illiquidity risk and longer holding horizons. Investors are advised to review the full financial data and consult an advisor before investing.