Sterlite Power Transmission Ltd (ESTD-2015)
Sterlite Power Transmission Ltd (ESTD-2015)
INE110V01015
Listing Status: DRHP Not Filed
About Sterlite Power Transmission Ltd (ESTD-2015)
Overview of Sterlite Power Transmission Ltd (ESTD-2015)
Sterlite Power is a leading power transmission infrastructure developer with a robust portfolio of 30 projects spanning approximately 14,602 circuit kilometers in India and Brazil. The company leverages innovative technologies such as helicranes and drones to enhance project efficiency, reduce human intervention, and minimize environmental impact. Sterlite Power’s deep understanding of local regulations and strong partnerships with leading Indian EPCs enable it to complete projects ahead of schedule. Through its innovative practices and strategic collaborations, Sterlite Power has established itself as a prominent player in the power transmission sector.
Company Name | STERLITE POWER TRANSMISSION LIMITED |
Company Type | Unlisted Public Company |
Industry | Power Transmission |
Incorporation Year | 2015 |
Region | India and Brazil |
Headquarter | Pune, Maharashtra, India |
Total Projects (Circuit km) | 15,000 ckm |
Total Projects (Mega-Volt Ampere) | ~28,322 MVA |
Key Technologies Used | Helicranes, Drones |
Benefits of Technology | Enhanced efficiency, Reduced human intervention, Minimized environmental impact |
Sterlite Power Transmission: Business Divisions
- Global Infrastructure: Sterlite Power bids, designs, constructs, owns, and operates power transmission assets across various geographies. This division focuses on expanding and managing power transmission networks globally to enhance energy delivery efficiency.
- MSI and Products Business: Specializing in upgrading, uprating, and strengthening existing power delivery networks, Sterlite Power’s MSI and Products Business division aims to optimize and modernize infrastructure to meet increasing energy demands. This includes developing and supplying advanced materials and solutions for enhanced network performance.
- Convergence: Sterlite Power’s Convergence division aims to establish a nationwide optical ground wire network across India. This innovative initiative utilizes existing power transmission lines to deliver high-speed data, supporting digital infrastructure development across the country. By integrating data and power transmission capabilities, Convergence seeks to create a more efficient and interconnected energy and communication network.
These three divisions collectively support Sterlite Power’s core purpose of empowering humanity by tackling the most challenging aspects of energy delivery through innovation and strategic infrastructure development.
Key Achievement
- Global Reach: Projects in India and Brazil.
- Innovation Leader: Pioneering advanced tech and financing models.
- Recognized Excellence: Multiple international awards.
Highlights Of Sterlite Power's Journey
- 2006-2009: Entered power transmission.
- 2010-2013: Awarded India’s first independent Power Transmission Project.
- 2014-2015: Secured investment from Standard Chartered Private Equity.
- 2016-2017: Expanded into Brazil and launched IndiGrid.
- 2018-2019: Acquired significant stake from Standard Chartered.
- 2020-2021: Won several awards and added major projects.
- 2022-2023: Commissioned Green Energy Corridor Project.
Sterlite Power's Top Project
Board Of Directors
Insights of Sterlite Power Transmission Ltd (ESTD-2015)
Financial Highlights
₹ in crores
Particulars | FY 2023 | FY 2022 | FY 2021 |
Total Revenue | 6452 | 5994 | 3816 |
EBITDA | 1149 | 1353 | 1793 |
Profit After Tax | (33) | 440 | 870 |
EPS | (2.67) | 35.97 | 59.32 |
Revenue Breakup
₹ in crores
Segments | Revenue |
Conductors and power cables | 2190 |
EPC | 1402 |
Transmission services | 172 |
Construction of concession assets | 2018 |
Remuneration of concession assets | 317 |
Others | 198 |
Total | 6297 |
Dividend
Sterlite Power Transmission, declared an interim dividend of 50% per equity share for FY’2023, totaling approximately ₹12.23 crores. The dividend was paid to shareholders listed on the Register of Members as of April 07, 2023, except for those who had waived their right to receive it. Additionally, no final dividend was recommended for FY’2023. Thus, the Interim Dividend for FY’2023 will be considered as the final dividend.
IPO Plans
Sterlite Power Transmission Ltd considers a public listing post-demerger of its transmission business, focusing on its manufacturing arm. MD Pratik Agarwal anticipates completion by Q2 FY25, aiming to raise funds for expansion, projecting 20-30% growth in FY25. Discussions with private equity investors for transmission funds and plans for renewable energy solutions underline its strategic trajectory.
Peer Comparison
Particulars | Revenue | PAT | EPS | CMP | MCAP | P/E | P/B |
Sterlite Power transmission ltd | 6452 Cr | -33 | – | ₹685 | ₹8377Cr | – | 5.5 |
Reliance Power Ltd | 7882 Cr | -471 | – | ₹32 | ₹11953Cr | – | 0.9 |
Tata Power Company Ltd | 56547 Cr | 3809 | 11.9 | ₹450 | ₹143864Cr | 38 | 4.2 |
Power Grid Corporation of India Ltd | 46605 Cr | 15168 | 21.75 | ₹321 | ₹223912Cr | 14.75 | 2.7 |
Recent News
Sterlite Power Receives Stakeholder Approval to Demerge into Two Entities
(May 23, 2024) Sterlite Power received approval from its stakeholders to demerge its business into two separate entities. This decision is part of the strategic move to separate the Power Transmission Infrastructure business, which includes assets in India and Brazil, into Sterlite Grid 5 Limited (SGL5). The remaining entity, Sterlite Power Transmission Limited (SPTL), will focus on the Global Products & Specialised EPC Services business and the Convergence – Fiberco business. The demerger aims to create ‘pure play’ business verticals, each with independent capital structures to attract suitable investors based on their distinct growth profiles. Existing shareholders of SPTL will receive one additional share of SGL5 for every share they hold in SPTL.
Read this blog to know more about Sterlite’s Demerger:
Shareholding Details
SHAREHOLDER TYPE | TOTAL SHARES | % TO EQUITY |
---|---|---|
Promoter | 8,73,40,796 | 71.38 |
Promoter Group | 35,96,406 | 2.94 |
Total of Promoter & Promoter Group (A) | 9,09,37,202 | 74.32 |
Institutions | 10,24,609 | 0.83 |
Non-Institutions | 2,70,42,131 | 22.1 |
Body Corporates | 33,59,862 | 2.74 |
Total – Public shareholders (B) | 3,14,26,602 | 25.68 |
Total (A) + (B) | 12,23,63,804 | 100 |
To read a deep dive blog on Sterlite Power, CLICK HERE
Financial Charts of Sterlite Power Transmission Ltd (ESTD-2015)
Balance Sheet of Sterlite Power Transmission Ltd (ESTD-2015)
Profit and Loss of Sterlite Power Transmission Ltd (ESTD-2015)
Ancillary of Sterlite Power Transmission Ltd (ESTD-2015)
Ratio Analysis
Peers
Industry Benchmarking
Segment Revenue
Subsidaries
Security Allotment
Corporate Governance
Team Management Details
FAQs of Sterlite Power Transmission Ltd (ESTD-2015)
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How to buy Sterlite Power Transmission Ltd (ESTD-2015)?
Below are three ways through which you can purchase Sterlite Power Transmission Ltd (ESTD-2015):
- We at Altius Investech have many actively traded scripts and are market makers of unlisted shares. To check out all the unlisted shares traded. (Click on link). To submit a request to buy Sterlite Power Transmission Ltd (ESTD-2015), please click on the trade button at the top of this page
- Additionally, you can download our app from your play store or app store, register on our application, and engage in active trading there.
Download the Altius App here https://onelink.to/hf4m72 - You can also reach out to us at : +91 8240614850 / +91 8240861716
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How to sell Sterlite Power Transmission Ltd (ESTD-2015)?
Below are three ways through which you can sell Sterlite Power Transmission Ltd (ESTD-2015):
- We at Altius Investech have many actively traded scripts and are market makers of unlisted shares. To check out all the unlisted shares traded. (Click on link). To submit a request to sell Sterlite Power Transmission Ltd (ESTD-2015), please click on the trade button at the top of this page
- Additionally, you can download our app from your play store or app store, register on our application, and engage in active trading there.
Download the Altius App here https://onelink.to/hf4m72 - You can also reach out to us at : +91 8240614850 / +91 8240861716
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What is the price of Sterlite Power Transmission Ltd (ESTD-2015)?
We provide a two way quote on all the shares we deal in. Your buy price for Sterlite Power Transmission Ltd (ESTD-2015) is ₹599 and your sell price for Sterlite Power Transmission Ltd (ESTD-2015) is ₹550. The price is based on our estimates and market conditions.
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What is the lock-in period of Sterlite Power Transmission Ltd (ESTD-2015)?
The lock-in period for Sterlite Power Transmission Ltd (ESTD-2015) varies depending on the category of investors:
- For retail Investors, HNIs, or Body Corporates, the lock-in period is 6 months from the date of the listing of Sterlite Power Transmission Ltd (ESTD-2015)
- For Venture Capital Funds or Foreign Venture Capital Investors, there is a lock-in period of 6 months from the date of acquisition of Sterlite Power Transmission Ltd (ESTD-2015)
- For AIF-II (Alternative Investment Funds - Category II), there is no lock-in period
August 2021 saw the introduction of this regulation by SEBI. The purpose of the regulation change, which lowered the lock-in period from a year to six months, was to incentivize additional investments in firms getting ready for initial public offerings, or IPOs. Since its introduction, a number of Portfolio Management Services (PMS) have advised their clients to purchase Pre-IPO shares in order to take advantage of the advantages associated with early-stage investments. This reduction in the lock-in period is considered as a significant step forward.
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How is the Sterlite Power Transmission Ltd (ESTD-2015) price calculated?
Fundamental & Comparative valuation models and the forces of demand and supply in the market for unlisted shares dictate the price. These prices are based on our estimates and transaction history of Sterlite Power Transmission Ltd (ESTD-2015). The price is also determined from the most recent funding round for Sterlite Power Transmission Ltd (ESTD-2015). This provides us with a benchmark valuation, offering a clear indication of the company's current market value as perceived by investors and industry experts.
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What are the lot sizes of Sterlite Power Transmission Ltd (ESTD-2015)?
We can generally arrange lot sizes starting with an investment of INR 20,000. To confirm the lot sizes of Sterlite Power Transmission Ltd (ESTD-2015) with us kindly click here.
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What are the financials of Sterlite Power Transmission Ltd (ESTD-2015)?
The financials of Sterlite Power Transmission Ltd (ESTD-2015) which includes the P/L of Sterlite Power Transmission Ltd (ESTD-2015) and the Balance Sheet of Sterlite Power Transmission Ltd (ESTD-2015) is in the financials section (Click on link).
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Where can I find the annual report of Sterlite Power Transmission Ltd (ESTD-2015)?
The annual report of Sterlite Power Transmission Ltd (ESTD-2015) is available in the annual report section (Click on link).
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Is buying Sterlite Power Transmission Ltd (ESTD-2015) legal in India?
Yes, buying and selling unlisted shares in India is indeed 100% legal. This activity is regulated and governed under the guidelines provided by the Securities and Exchange Board of India (SEBI). Investors and traders must adhere to these regulations and guidelines to ensure compliance with legal and financial standards. It's important for participants in the unlisted share market to be aware of and understand these regulations to engage in transactions legally and securely.
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Short-term Capital Gain taxes to be paid on Sterlite Power Transmission Ltd (ESTD-2015)?
When you sell unlisted shares within a period of two years from the date of acquisition, any profit earned from the sale is classified as Short-term Capital Gain (STCG). This gain is then added to your total income for that financial year. The tax on this short-term capital gain is calculated based on your applicable individual income tax slab rates. Therefore, the rate at which you will pay tax on the STCG from unlisted shares depends on your total income, including this gain, and the tax slab it falls under as per the prevailing income tax laws in India. It's important for investors to consider these tax implications when engaging in transactions involving unlisted shares.
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Long-term Capital Gain taxes to be paid on Sterlite Power Transmission Ltd (ESTD-2015) and how are They Taxed?
Long-term Capital Gains (LTCG) on unlisted shares in India refer to the profits earned from the sale of unlisted shares that have been held for more than two years. The key aspects of LTCG on unlisted shares include:
- Tax Rate: LTCG on unlisted shares is taxed at a rate of 20%.
- Indexation Benefit: This is a significant advantage for investors. Indexation allows for adjusting the purchase price of the shares for inflation, which can reduce the taxable gain.
- Importance for Investors: Understanding LTCG is crucial, especially for High Net-worth Individuals (HNIs) and retail investors, as it impacts their investment strategy and tax planning. Knowing these details helps in making informed investment decisions.
- Calculation: LTCG is calculated by subtracting the indexed cost of acquisition (the purchase price adjusted for inflation) from the sale price of the shares. The profit thus calculated is subject to a 20% tax.
- Applicability: LTCG tax is applicable to profits from the sale of unlisted shares held for more than two years.
- Relevance: This tax is particularly relevant to investors in the unlisted share market, including those considering selling their holdings after a period of more than two years.
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Applicability of Taxes on Sterlite Power Transmission Ltd (ESTD-2015) once it is listed?
When shares initially bought in the unlisted market become listed, the taxation rules change significantly if these shares are sold through a stock exchange. Here's what investors need to know:
Transition to Listed Market Tax Rates: Once unlisted shares are listed on the stock exchange and subsequently sold, the tax rates applicable to listed securities come into effect. This shift means that the favourable tax treatments for listed shares, as per the prevailing tax laws, will apply.
Taxation Based on Holding Period: The crucial factor in determining the type of capital gains tax (Long-term or Short-term) is the holding period of the shares. Importantly, this period is calculated from the original purchase date when the shares were unlisted.
Long-term vs. Short-term Capital Gains: If the shares are sold after being held for more than one year from the date of purchase (including the period when they were unlisted), they are subject to Long-term Capital Gains (LTCG) tax.
Conversely, if sold within one-year, Short-term Capital Gains (STCG) tax rates apply.
Significance for Investors: This information is vital for investors in the unlisted market, as it impacts their tax planning and decision-making process. Understanding these nuances ensures that investors can strategically plan the sale of their shares post-listing to optimize tax implications.
Advice for Investors: It's advisable for investors to keep a record of their purchase dates and monitor the listing dates closely. Additionally, staying updated with the latest tax regulations or consulting with a financial advisor is recommended for accurate tax calculations and compliance. -
How does Altius Investech source Sterlite Power Transmission Ltd (ESTD-2015)?
At Altius Investech, our approach to sourcing Boat Unlisted Share (Imagine Marketing) involves a strategic and direct method. Primarily, we acquire these shares from the below key groups:
Employees of the Company: Employee stock option plans (ESOPs) or other compensation packages frequently include shares for firm employees. For a various reasons, such as including portfolio diversification or financial considerations, some of these employees may eventually choose to sell their shares. We engage with these employees, providing them a platform to sell their shares.
Initial Investors: These are the angel or early-stage investors who provided capital to the business in its early stages. These original investors may look to sell all or part of their ownership position in the company as it develops and flourishes. This might be done for various reasons such as in order to maximise their investment, reallocate resources, or make other calculated financial decisions.
Funding rounds and VC funds: Altius Investech sources the shares from private placement rounds in which private companies seek to obtain capital from the market. Through our platform, venture capital funds can liquidate their shares and we receive the inventory from them when they decide to sell a portion of their ownership through block trades.
By establishing connections with these groups, Altius Investech guarantees our clients a steady and dependable supply of Boat Unlisted Share (Imagine Marketing). This process not only makes it easier for employees and initial investors in liquidating their assets, but it also gives our clients access to shares that aren't often found on the open market. Our platform effectively facilitates a win-win situation for both buyers and sellers. -
How to trust Altius Investech before buying Sterlite Power Transmission Ltd (ESTD-2015) from its platform?
Altius Investech stands at being India's fastest growing and leading marketplace for buying and selling unlisted shares. We believe in enabling access to alternative sources of investments at lower entry barriers to private equity investments.
With more than 25 years of experience, Altius Investech has carved a niche in the financial market by serving more than 8000 clients. The incredible journey is further highlighted by the vast number of transactions that Altius Investech has facilitated transactions that have already exceeded 300 crores.
For investors Altius Investech curates investment opportunities in companies at reasonable valuations which are on the verge of an IPO leading to massive value unlocking. Investments are backed by thorough research and sound investment thesis, with a time bound exit plan.
For ESOP Shareholder and existing Investors, we assist them to liquidate their shares even if they are not publicly traded by creating a platform where we find the right buyers and sellers for the best prices.
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We at Altius Investech are dedicated to upholding the greatest levels of ethics and transparency, making sure that your investment experience is not only profitable but also safe and reliable.
Press of Sterlite Power Transmission Ltd (ESTD-2015)
Featured Blogs of Sterlite Power Transmission Ltd (ESTD-2015)
Annual Report of Sterlite Power Transmission Ltd (ESTD-2015)
Sterlite Power Transmission Annual Report 2023-24
Sterlite Power - Shareholders Update Q4- FY24
Sterlite Power Transmission Annual Report 2022-23
Sterlite Power - Shareholders Update Q3 FY24
Sterlite Power Transmission Annual Report 2021-22
Sterlite Power Transmission Annual Report 2020-21
Sterlite Power Transmission Annual Report 2019-20
Company Information of Sterlite Power Transmission Ltd (ESTD-2015)
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