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STERLITE ELECTRIC LIMITED

Active
Updated: 02 Jun 2026

Sterlite Electric Limited is a leading energy solutions provider in the power transmission sector, specializing in the design, manufacture, and supply of conductors and power cables. The company offers products for utility and industrial applications, enabling efficient and reliable electricity delivery while addressing the growing demands of power infrastructure across and international markets.

Sterlite Electric Limited, is an unlisted public company incorporated on 05 May, 2015. It is classified as a public limited company and is located in , Maharashtra. It's authorized share capital is INR 2,020.00 cr and the total paid-up capital is INR 40.47 cr.

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Subscription Plans
Industry and products
Business Services
  • transmission grid business of Sterlite Technologies
Company size
Auth Capital
₹ 2,020.0 Cr
Paidup Capital
₹ 40.5 Cr
Revenue
₹ >5000 cr
# Key metrics of Sterlite Electric Limited - All rupee values in INR crores. Based on March 2025 numbers. | Metric | Value | Change | |---|---|---| | Auth Capital | ₹ 2,020.0 Cr | | | Paidup Capital | ₹ 40.5 Cr | | | Revenue | ₹ >5000 cr | | | Total Revenue | ₹5,047.2 | 1.45% | | EBITDA | ₹393.5 | -13.43% | | Net Profit | ₹315.5 | 6.97% | | Networth | ₹1,741.8 | -16.52% | | Borrowings | ₹320.2 | -55.12% | | Assets | ₹3,994.8 | -41.84% | | Gross Margin | 41.7% | -6.94 | | Operating Margin | 8.0% | -1.28 | | Net Profit Margin | 6.1% | 0.25 | | Return on Equity | 18.1% | 3.98 | | ROCE | 26.5% | -116.9 | | Debt to Equity | 0.2 | -0.16 |
Key Metrics

** All rupee values in INR crores. Based on March 2025 numbers.

Total Revenue
1.45%
₹ 5,047.2
EBITDA
-13.43%
₹ 393.5
Net Profit
6.97%
₹ 315.5
Networth
-16.52%
₹ 1,741.8
Borrowings
-55.12%
₹ 320.2
Assets
-41.84%
₹ 3,994.8
Gross Margin
-6.94
41.7 %
Operating Margin
-1.28
8.0 %
Net Profit Margin
0.25
6.1 %
Return on Equity
3.98
18.1 %
ROCE
-116.9
26.5 %
Debt to Equity
-0.16
0.2
Sales
Mar 2025
Net worth
Mar 2025

Locations

indian flag India (107)
State Type Address

location icon Locations on Map

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People

Designation Name DIN/PAN Tenure
Director Anoop Seth 00239653 2 years
Director Pravin Agarwal
Shareholder
00022096 11 years
Managing Director Pratik Pravin Agarwal
Shareholder
03040062 10 years
Nominee Director Alipt Sharma 03128439 2 years
Whole-Time Director Reshu Madan 10652503 2 years
Additional Director Pooja Somani 07131449 3 years

Financial Highlights

** All numbers in INR crores
Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Sales 2,933.9 3,797.4 3,923.5 4,905.6 4,924.4
Operating profit 196.3 328.3 539.0 454.6 393.5
Net profit 362.9 246.6 322.0 295.0 315.5
Gross margin 66.1 66.4 57.2 48.6 41.7
Operating margin 6.7 8.7 13.7 9.3 8.0
Net margin 10.8 6.3 8.0 5.8 6.1
Networth 1,380.3 1,963.0 1,838.3 2,086.5 1,741.8
Borrowings 683.9 251.3 471.6 713.5 320.2
Assets 4,951.9 4,614.7 5,577.5 6,868.2 3,994.8
Debt to equity 0.5 0.1 0.3 0.3 0.2
Current ratio 0.8 1.2 1.0 1.0 1.4
ROE 26.3 12.6 17.5 14.1 18.1
Days payable 500.0 372.0 376.0 196.0 188.0
WC days -61.0 52.0 2.0 0.0 66.0
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

Standalone
Consolidated
%
** All numbers in INR crores
Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 12.2 12.2 24.5 24.5 40.5
Reserves 1,368.0 1,950.8 1,813.8 2,062.0 1,701.3
Borrowings + 683.9 251.3 471.6 713.5 320.2
Long term borrowings 38.2 18.8 43.0 43.0 124.5
Short term borrowings 645.7 232.6 428.6 670.5 195.7
Trade payables + 1,362.2 1,299.8 1,726.1 1,355.4 1,479.7
Days payable 500.0 372.0 376.0 196.0 188.0
Other liabilities + 1,525.6 1,100.6 1,541.6 2,712.7 453.1
Other non-current liabilities 657.2 321.7 44.9 2,167.5 14.9
Other current liabilities 868.4 778.9 1,496.7 545.2 438.2
Total liabilities 4,951.9 4,614.7 5,577.5 6,868.2 3,994.8
Fixed Assets + 242.3 279.6 255.8 291.2 423.2
Tangible assets 226.5 268.0 245.2 278.7 359.4
CWIP 0.6 2.0 3.6 10.6 62.3
Intangible assets 15.2 9.6 7.0 2.0 1.5
LT loans and advances 151.5 116.6 188.2 - -
Other non-current assets 2,173.5 1,366.6 1,462.5 4,005.2 562.8
Current assets + 2,384.5 2,851.9 3,671.1 2,571.8 3,008.7
Inventories 349.1 220.5 724.6 468.3 366.6
Trade receivables 975.5 1,349.2 1,677.2 1,200.7 1,090.7
Cash and cash equivalents 186.8 186.0 322.1 54.2 331.3
ST loans and advances 34.3 458.6 23.1 - -
Other current assets 838.7 637.7 924.1 848.6 1,220.1
Total assets 4,951.9 4,614.7 5,577.5 6,868.2 3,994.8
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Total assets

Profit & Loss

Standalone
Consolidated
%
** All numbers in INR crores
Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Sales + 2,933.9 3,797.4 3,923.5 4,905.6 4,924.4
Sales growth % 46.74 29.43 3.32 25.03 0.38
Expenses + 3,112.8 3,620.1 3,622.6 4,678.0 4,806.1
Cost of goods 994.7 1,276.0 1,677.1 2,520.9 2,872.2
Employee cost 239.8 204.7 202.0 125.8 168.8
Other costs 1,503.1 1,988.4 1,505.4 1,804.4 1,489.9
Operating profit + 196.3 328.3 539.0 454.6 393.5
Operating margin % 6.7 8.7 13.7 9.3 8.0
Other income 437.3 122.1 125.3 69.2 122.9
Interest 332.7 112.0 194.2 191.0 231.6
Depreciation 42.5 39.1 43.8 35.9 43.6
Exceptional items - -11.7 - - -
Profit before tax 258.4 287.7 426.3 296.9 241.2
Tax -104.6 41.1 104.3 79.0 62.4
Profit - disc. ops - - - 77.1 136.8
Net profit 362.9 246.6 322.0 295.0 315.5
Net margin % 10.8 6.3 8.0 5.8 6.1
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Revenue from operations

Ratios

Standalone
Consolidated
Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Solvency +
Total Debt/Equity 0.5 0.1 0.3 0.3 0.2
Net Debt/Equity 0.4 0.0 0.1 0.3 0.0
Total Debt/Assets 0.1 0.1 0.1 0.1 0.1
Total Assets/Equity 3.6 2.4 3.0 3.3 2.3
Liquidity +
Current Ratio 0.8 1.2 1.0 1.0 1.4
Quick Ratio 0.7 1.1 0.8 0.8 1.2
Interest Coverage 0.6 2.9 2.8 2.4 1.7
Performance
Gross Margin 66.1 66.4 57.2 48.6 41.7
Operating Margin 6.7 8.7 13.7 9.3 8.0
Net Margin 10.8 6.3 8.0 5.8 6.1
Return +
Return on Equity 26.3 12.6 17.5 14.1 18.1
Pre-tax ROCE -61.6 35.3 179.8 143.4 26.5
Return on Assets 7.3 5.3 5.8 4.3 7.9
Pre-tax ROIC 8.2 14.3 24.9 15.2 20.1
Efficiency +
Days Payable 500.0 372.0 376.0 196.0 188.0
Days Inventory 128.0 63.0 158.0 68.0 47.0
Days Receivable 121.0 130.0 156.0 89.0 81.0
Fixed Asset Turnover 12.1 13.6 15.3 16.9 11.6
Total Asset Turnover 0.6 0.8 0.7 0.7 1.2
Working Capital
Cash Conversion Cycle -251.0 -179.0 -62.0 -39.0 -60.0
Working Capital Days -61.0 52.0 2.0 0.0 66.0
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

IDBI Trusteeship Services Limited

No. of Loans: 1

Total Amount : 26,034.8 cr

2

SBICap Trustee Company Limited

No. of Loans: 2

Total Amount : 855.0 cr

3

State Bank of India

No. of Loans: 1

Total Amount : 655.0 cr

4

HDFC Bank Limited

No. of Loans: 1

Total Amount : 450.0 cr

5

ICICI Bank Limited

No. of Loans: 1

Total Amount : 450.0 cr

6

Bank of Baroda

No. of Loans: 1

Total Amount : 450.0 cr

7

Axis Bank Limited

No. of Loans: 1

Total Amount : 355.0 cr

8

Indian Bank

No. of Loans: 2

Total Amount : 300.0 cr

9

Union Bank of India

No. of Loans: 1

Total Amount : 297.6 cr

10

Catalyst Trusteeship Limited

No. of Loans: 1

Total Amount : 270.0 cr

11

Societe Generale

No. of Loans: 1

Total Amount : 250.0 cr

12

IDBI Bank Limited

No. of Loans: 1

Total Amount : 240.0 cr

13

IndusInd Bank Limited

No. of Loans: 1

Total Amount : 210.0 cr

14

BANDHAN BANK LIMITED

No. of Loans: 1

Total Amount : 200.0 cr

15

IDFC First Bank Limited

No. of Loans: 1

Total Amount : 150.0 cr

16

Export-Import Bank of India

No. of Loans: 1

Total Amount : 150.0 cr

17

Yes Bank Limited

No. of Loans: 1

Total Amount : 100.0 cr

18

The Federal Bank Limited

No. of Loans: 1

Total Amount : 100.0 cr

19

RBL Bank Limited

No. of Loans: 1

Total Amount : 100.0 cr

20

STERLITE GRID 18 LIMITED

No. of Loans: 1

Total Amount : 100.0 cr

21

LAKADIA-VADODARA TRANSMISSION PROJECT LIMITED

No. of Loans: 1

Total Amount : 80.0 cr

22

SBI CARDS AND PAYMENT SERVICES LIMITED

No. of Loans: 1

Total Amount : 1.0 cr

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Charges

IDBI Trusteeship Services Limited
SBICap Trustee Company Limited
State Bank of India
HDFC Bank Limited
Others

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
ELITECORE TECHNOLOGIES PRIVATE LIMITED
Amalgamated
10.2 Cr 1 Gujarat
STERLITE INFRA-TECH LIMITED
Amalgamated
5.0 L 1 Dadra and Nagar Have
ANUPAMJEEVAN FOUNDATION
Active
0.0 1 Maharashtra
STERLITE POWER GRID VENTURES LIMITED
Amalgamated
1,543.7 Cr 2
TWIN STAR DISPLAY TECHNOLOGIES LIMITED
Active
28.7 Cr 1 Haryana
STERLITE TECHNOLOGIES LIMITED
Active
97.6 Cr 1 Maharashtra
SAKTEK FOUNDATION
Active
10,000.0 1 Delhi
FA-INFRA INVESTMENT MANAGEMENT PRIVATE LIMITED
Strike Off
1,000.0 1 Delhi
PARIJAT INDUSTRIES (INDIA) PRIVATE LIMITED
Active
29.6 Cr 1
JK PAPER LIMITED
Active
169.4 Cr 1 Gujarat
SERENTICA RENEWABLES INDIA PRIVATE LIMITED
Active
652.4 Cr 1 Haryana
SAHYADRI FARMS POST HARVEST CARE LIMITED
Active
217.2 Cr 1 Maharashtra
ROCHEM SEPARATION SYSTEMS (INDIA) PRIVATE LIMITED
Active
54.0 L 1 Maharashtra
VEDANTA STAR LIMITED
Amalgamated
19.6 Cr 1 Jharkhand
VEDANTA FINANCE IFSC LIMITED
Active
2.0 Cr 1 Gujarat
MAHARASHTRA TRANSMISSION COMMUNICATION INFRASTRUCTURE LIMITED
Active
30.1 Cr 1 Maharashtra

Subsidiary Companies

Name State / Country Incorporation Year Paidup Capital
STERLITE INTERLINKS LIMITED Maharashtra 2017 ₹ 1.0 L
MAHARASHTRA TRANSMISSION COMMUNICATION INFRASTRUCTURE LIMITED Maharashtra 2012 ₹ 30.1 Cr
STERLITE CONVERGENCE LIMITED Haryana 2017 ₹ 5.0 L
STERLITE EDINDIA FOUNDATION Maharashtra 2019 ₹ 5.0 L

Tofler Score

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Risk

Severe Risk
  • No risks identified
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  • No risks identified
Low Risk
  • GROSS MARGINS DETERIORATING
  • ROCE DETERIORATING
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Registered Details

CIN

U74120PN2015PLC156643

PAN

AAVCS7209P

Incorporation

2015, 11.2 years

Company Email

secretarial.grid@sterlite.com

Paid up Capital

₹ 40.5 Cr

Authorised Capital

₹ 2,020.0 Cr

AGM

Dec 2024

Type

Public
Others

FAQ - STERLITE ELECTRIC LIMITED

What is the incorporation date of STERLITE ELECTRIC LIMITED?

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The incorporation date of STERLITE ELECTRIC LIMITED is 05 May, 2015

What is the authorized share capital of STERLITE ELECTRIC LIMITED?

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The authorized share capital of STERLITE ELECTRIC LIMITED is INR ₹ 2,020.0 Cr.

What is the paid-up capital of STERLITE ELECTRIC LIMITED?

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The paid-up capital of STERLITE ELECTRIC LIMITED is INR ₹ 40.5 Cr.

What is the registered address of STERLITE ELECTRIC LIMITED?

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The registered address of STERLITE ELECTRIC LIMITED is 4th Floor, Godrej Millennium 9 Koregaon Road, Pune, Pune, Maharashtra, India, 411001 - 411001

What is the CIN number of STERLITE ELECTRIC LIMITED?

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The CIN number of STERLITE ELECTRIC LIMITED is U74120PN2015PLC156643.

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