Sterlite Electric Ltd (Sterlite Power)
- Unlisted share
- Energy & Power
- ISIN INE110V01015
At a glance
Sales
FY26
₹6,254 Cr
+26.2%on FY25What the company earned from its customers in the year.
Profit
FY26
₹237 Cr
What was left after every cost and tax was paid.
Market valuecalculated
₹6,048 Cr
What the whole company would be worth at GrowFast's indicative price.
Net worth
FY26
₹1,993 Cr
What the owners would have left on paper if every debt was repaid.
From the company's published figures; sources are beside each figure further down the page.
Key details
- Company
- Sterlite Electric Ltd (Sterlite Power)
- ISIN
- INE110V01015
- Sector
- Energy & Power
- Type of share
- Unlisted equity share
- Indicative price per share
- ₹480.15
- Price last updated
- 12 Oct 2026
- Minimum quantity
- Confirmed by the desk
- How you hold it
- In your own demat account
- Enquiries
- GrowFast desk, on WhatsApp
Indicative prices, illiquid shares. Prices are indicative and can change without notice. Unlisted shares are illiquid: you may not be able to sell when you want to, or at the price shown.
Company
About Sterlite Electric Ltd (Sterlite Power)
Sterlite Electric makes power conductors, high-voltage power cables and optical ground wire, and also takes on system-integration (EPC) contracts for power transmission utilities. Its immediate holding company is Twin Star Overseas Limited of Mauritius, which held 69.46% of the equity at 31 March 2026, and its ultimate holding company is Vedanta Incorporated, Bahamas. The company filed a draft red herring prospectus with SEBI in September 2025 for a proposed IPO.
Written from: files.sterliteelectric.com
Listing status. DRHP filed with SEBI on 29 September 2025 for an IPO of up to 1,55,89,174 equity shares (fresh issue of up to 77,93,371 and offer for sale of up to 77,95,803). No listing found. Sterlite Electric annual report FY2025-26
Financials
Ask for the full annual report.
The figures on this page are the headline numbers. The desk can share the latest annual report and anything published since.
Ask for the financials- Sector
- Energy & Power
- ISIN
- INE110V01015
- Year of incorporation
- 2015
- Registered office
- Pune, Maharashtra
- Holding company
- Twin Star Overseas Limited, Mauritius (immediate holding company, 69.46%); Vedanta Incorporated, Bahamas (ultimate holding company)
- Key people
- Managing Director: Pratik Agarwal; Chief Executive Officer: Frederic Trefois; Chief Financial Officer: Monica Madan
- Face value per equity share
- ₹2
- Paid-up equity shares
- 12,59,65,712 shares
- CIN
- U74120PN2015PLC156643
- Official website
- sterliteelectric.com
Read from: Sterlite Electric annual report FY2025-26, unless another source is shown on a card.
Key data
What the numbers mean
The ratios buyers look at, each said in plain words.
Price to earnings (P/E)calculated
33×
At this price you pay ₹33 for every ₹1 of profit the company made in the year.
Price to book (P/B)calculated
3.03×
At this price you pay ₹3.03 for every ₹1 of net worth on the company's books.
Profit margincalculated
3.8%
Out of every ₹100 of sales, ₹3.8 was left as profit.
Return on equitycalculated
11.9%
For every ₹100 of the owners' money, the company made ₹11.9 of profit in the year.
Debt to equitycalculated
0.31×
The company has borrowed ₹0.31 for every ₹1 of its owners' money.
- Indicative price
- ₹480.15
- Market valuecalculated
- ₹6,048 Cr
- price × shares
- No. of shares
- 12,59,65,712
- EPS
- ₹14.57
- Book value per share
- ₹158.25
- Face value
- ₹2
Figures marked “calculated” are worked out by GrowFast from its indicative price and the company's published figures for FY2025-26. They move with the price, and they are arithmetic, not a valuation.
Figures in ₹ crore
Financials
Sterlite Electric Limited (formerly Sterlite Power Transmission Limited). As published in the company's audited reports. GrowFast has not audited them.
Sales, year by year
₹ crore. The darkest bar is the latest year.
FY24 to FY26: ₹4,918 Cr to ₹6,254 Cr.
Profit, year by year
₹ crore, after tax. A bar below the line is a loss.
FY24 to FY26: ₹-217 Cr to ₹237 Cr.
| Particulars | FY24 | FY25 | FY26Latest |
|---|---|---|---|
| Revenue from operations (continuing operations) | 4,917.89 | 4,955.76 | 6,253.55▲26% |
| Other income | 36.94 | 41.64 | 14.95▼64% |
| Total income | 4,954.83 | 4,997.4 | 6,268.5▲25% |
| EBITDA as stated in the statement of profit and loss (continuing operations) | 506.63 | 472.42 | 490.6▲4% |
| Depreciation and amortisation expense | 45.9 | 56.97 | 63.75▲12% |
| Finance costs | 186.34 | 225.44 | 204.75▼9% |
| Profit before tax from continuing operations | 318.81 | 260.64 | 300.94▲15% |
| Profit/(loss) for the year including discontinued operations | -216.88 | -156.33 | 237.19▲252% |
| Basic EPS from continuing operations (₹) | 17.9 | 12.7 | 14.57▲15% |
| Profit for the year from continuing operations | 230.13 | 183.03 | 237.19▲30% |
Rupees crore unless marked, consolidated. The change shown is the latest year against the year before. Read from: Sterlite Electric annual report FY2024-25, Sterlite Electric annual report FY2025-26.
Ownership
Shareholding pattern
Who owns the company
As of 31 March 2026
71.0%Promoter
- Largest holder
- 71.0%
- Top 3 together
- 96.0%
- Holders named
- 5
- Promoter70.99%
- Individuals, foreign nationals and NRIs20.53%
- Bodies corporate4.47%
- Promoter group2.34%
- Banks, mutual funds, trusts, government, insurance companies, financial institutions and NBFCs1.67%
- Total100.00%
Read from: Sterlite Electric annual report FY2025-26
Capital history
Fund raise history
| Date and detail | Type | Instrument | Price per share | Amount raised | Source |
|---|---|---|---|---|---|
| FY2024-2560,00,169 warrants were allotted to PTC Cables Private Limited for an aggregate ₹284 crore, of which only ₹14.20 crore (5%) was paid; the warrants and the money paid were forfeited on 21 September 2025. | Preferential allotment (private placement) - later forfeited | Share warrants of ₹2 each | Not stated | ₹284 Cr | files.sterliteelectric.com |
| FY2024-251,53,17,134 CCPS were allotted on a preferential basis; the amount raised is not stated in the passage read. | Preferential allotment (private placement) | Compulsorily convertible preference shares of ₹10 each | Not stated | Not stated | files.sterliteelectric.com |
| FY2024-2531,69,103 equity shares were issued in full settlement of a ₹150 crore loan; the report does not give the allotment date. | Conversion of loan into equity | Equity shares of ₹2 each | Not stated | ₹150 Cr | files.sterliteelectric.com |
Read from: Sterlite Electric annual report FY2025-26, Sterlite Electric annual report FY2024-25
Leadership
Management
Pravin Agarwal
Chairman and Non-Executive Director
Pratik Pravin Agarwal
Managing Director
Frederic Andre M Trefois
Group Chief Executive Officer
Monica Madan
Chief Financial Officer (resigned with effect from 1 June 2026)
Ashok Ganesan
Company Secretary and Compliance Officer
Alampallam Ramakrishnan Narayanaswamy
Independent Director
Anupa Rajiv Sahney
Independent Director
Sachin Nandgaonkar
Independent Director
Alipt Sharma
Nominee Director
Read from: Sterlite Electric annual report FY2025-26
Corporate calendar
Events
- 29 May 2026ResultsBoard approved audited FY2025-26 accounts; no dividend recommended for the yearOpen
- 29 Sept 2025DRHP filingDraft red herring prospectus filed with SEBI for an IPO of up to 1,55,89,174 equity sharesOpen
- 21 Sept 2025Board decisionBoard forfeited 60,00,169 partly paid share warrants held by PTC Cables and the ₹14.20 crore paid on themOpen
- 25 Jan 2025Postal ballotShareholders approved the change of name from Sterlite Power Transmission Limited to Sterlite Electric LimitedOpen
Reports and filings
Annual reports and results
Each link opens the document where its publisher keeps it.
Before you buy
Six things to check on any unlisted share.
The same list applies to every stock. None of it is advice on this one.
The company's latest financials
Revenue, profit and debt for the last three years, from its audited annual report. Ask the desk for the most recent set.
What the price implies
Compare the price per share with earnings and book value per share, and with listed companies in the same business.
Whether a listing is planned
A company may file for an IPO, delay it or never list. A listing, its timing and its price are never certain.
How you would sell
There is no exchange for these shares. You sell by finding a buyer, which can take time and may be at a lower price.
Lock-in after a listing
Shares bought before an IPO are usually locked in for a period after the company lists. Confirm the current rule before you buy.
Tax on your gains
Unlisted shares are taxed differently from listed ones. Check your position with a tax adviser.
Questions
What buyers ask about this stock.
Not answered here? Ask the desk.
Inquire about Sterlite Electric Ltd (Sterlite Power) on WhatsAppIs the price shown for Sterlite Electric Ltd (Sterlite Power) final?
No. It is an indicative price per share. The desk confirms the price and the quantity available when you inquire, and the confirmed price is the one you deal at.
How do I buy these shares?
Press Inquire. It opens a WhatsApp chat with the desk, with this stock already named. After the price and quantity are agreed, a 10% advance locks the deal. Once your KYC is complete you pay the balance, and the shares are transferred to your demat account.
Do I pay anything on this website?
No. No payment is taken and no order is placed on this site. Payment details are shared by the desk only after the deal is agreed.
What do I need before I can buy?
A demat account in your name and the documents for KYC: your identity and demat account details are verified before any deal, as the regulations require.
Can I sell my Sterlite Electric Ltd (Sterlite Power) shares to GrowFast?
GrowFast buys as well as sells. Press Inquire and tell the desk how many shares you hold; it will come back with what it can offer.
How do I sell Sterlite Electric Ltd (Sterlite Power) shares I already hold?
Tell the desk how many you hold. If a price is agreed, you transfer the shares from your demat account with a delivery instruction to your depository participant (a DIS, or its online equivalent), and payment follows as agreed with the desk.
Is there a lock-in if the company lists?
Shares held before an IPO are generally locked in for a period after the listing under SEBI's rules, which have changed over time. Ask the desk for the rule that applies today before you buy.
Is buying unlisted shares legal in India?
Yes. Shares of an unlisted company can be bought and sold privately and are transferred between demat accounts. They are not traded on a stock exchange, so the protections of an exchange do not apply.
What is the minimum I can buy?
It differs by stock and by what the desk holds at the time. The desk confirms the minimum quantity when you inquire.
What is an ISIN?
The 12-character code that identifies a security. It is how your depository knows exactly which share is being transferred to your demat account.
Why are unlisted shares riskier than listed ones?
Prices are indicative and can change without notice. Unlisted shares are illiquid: you may not be able to sell when you want to, or at the price shown.
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Risk disclosure
Prices on this site are indicative, quoted per share, and are not an offer to buy or sell. The price and quantity for any deal are confirmed by GrowFast's desk at the time you deal.
Unlisted, pre-IPO and delisted shares are not traded on a stock exchange. They are illiquid, their prices can move sharply, and you may be unable to sell them when you wish or at all. A company that is expected to list may not do so.
Nothing on this site is investment advice or a promise of returns. Past prices do not predict future prices. Consider your own circumstances, and take independent advice, before you invest.
Inquire opens a WhatsApp chat with GrowFast. No payment is taken and no order is placed on this site.
GrowFast is not affiliated with, sponsored by or endorsed by Sterlite Electric Ltd (Sterlite Power). Its name and logo belong to their owner and are shown only to identify the company. Figures about it come from published sources and have not been audited by GrowFast. See the Terms and Conditions.