Financial Analysis Of Sterlite Power Transmission For 12MFY23

Sterlite Power Transmission, a renowned power transmission developer and solutions provider in India and Brazil, has disclosed its financials for the fiscal year ending on March 31 2023. As per the financial report released by the company, the company witnessed a robust growth in profitability in operations in India.

As per the report, the company's revenue surged by 3.3% YoY at Rs. 3,923 Cr and profit after tax (PAT) increased by 30.3% YoY at Rs. 322 Cr. The flabbergasting performance of the company has created a splash among investors in the grey market to buy Sterlite Power unlisted shares in India. Before investing in Sterlite Power pre-IPO stocks, it is crucial to analyse its financial results for 12M FY23. Without further ado, let's dig in below.

Financial Results Of SPT - March 31, 2023

The business operations of Sterlite Power Transmission increased significantly in FY 22-23; the company performed well financially. The company's revenue increased by 3.3% YoY at Rs. 3,923 Cr. As per Mr Pratik Agarwal, Managing Director of Sterlite Power Transmission, "The results demonstrate our continuous focus on garnering new opportunities and operational efficiency and underscore our commitment to be a key player in building the nation's energy landscape."

Q1 For FY23 - April To June

The first quarter of Sterlite Power Transmission was not profitable because the company reported a loss of Rs. 23 Cr. The revenue earned in Q1 FY23 was Rs. 1,309 Cr, against Rs. 1,575 Cr. in the first quarter of FY22. The revenue is 121.5% lower than the profit of Rs. 107 Cr that the company earned during the first quarter of the previous fiscal year.

Q2 For FY23 - July To September

Compared to the first quarter of Sterlite Power Transmission, the total revenue the company earned during the second quarter (July to September) for FY23 was Rs. 3,168 Cr. This shows a positive performance of the company in Q2. The comeback of the company indicates that it performed well in its business operations.

Q3 For FY23 - October To December

The third quarter of the company was also positive in terms of its financial performance. The company achieved completion for the 329 Kms 765 kv Lakadia Vadodara Transmission Project in Q3. The company also secured debt funding of Rs. 305 crores from Assem Infrastructure Finance Ltd - a non-banking finance company. Additionally, they received fresh working capital of Rs. 250 crores from IndusInd Bank. In this quarter, the revenue from operations was 37% higher than the revenue for the corresponding nine months of FY22.

Q4 For FY23 - January To March

During the fourth quarter of FY23, Sterlite Power Transmission successfully won a crucial project in Rajasthan known as 'Part G,' having a value of Rs. 1,500 Cr. Also, they secured new orders worth Rs. 1,438 Cr. in their products, MSI, and Convergence Business Units. So this shows that the company also performed well in the last quarter.

Major Financial Highlights Of Sterlite Power Transmission FY 22-23

In FY 22-23, Sterlite Power Transmission completed four projects and earned a total income of Rs. 6,297 Cr; this income was made from all the business activities during the period. The EBITDA of the company earned Rs. 1,15o Cr. before interest expense taxes, depreciation, and amortisation during FY23. For its flabbergasting and remarkable performance in its business, the company received "The Power Transmission Company Of The Year '' at the Economic Times Leadership Summit 2023. The company also received an award for being one of India's top 50 companies the same year.

Future Of Sterlite Power Transmission

After analysing the financials of the company for FY23, it can be said that the future of Sterlite Power Transmission is bright. Today, the company has a presence in over 150 countries and has active manufacturing facilities in India, China, Brazil, and Italy. So, if you want to buy Sterlite Power unlisted shares, Stockify is the best platform to start your trading.

We have a team of expert brokers who can help you buy unlisted shares of top pre-IPO companies in India. Whether you want to check unlisted shares' prices, get detailed information about any unlisted company, or want expert advice in trading, our experts are here to assist you. Feel free to connect with expert stock brokers at Stockify today and embark on the trading journey with us.

FAQs

What is the Sterlite Power unlisted share price in India?

Ans. Sterlite Power pre-IPO shares are currently trading at Rs. 615. In September 2023, Sterlite Power pre-ipo share price was Rs. 690. The fluctuation in the prices keeps on occurring due to the company's performance and market trends.

Where do I check the daily price of Sterlite Power unlisted shares in India?

Ans. You can check the price of Sterlite Power unlisted shares or any other pre-IPO company at Stockify. Our expert brokers regularly update the share price based on the trends in the market and the company's performance.

What things should I consider while buying unlisted shares of Sterlite Power?

Ans. You must consider many important things before buying unlisted shares, like EBITDA, EPS Growth, Profit and loss statement, key performance indicators, etc., of the company. We give you every detail about the company that will make your trading a seamless process.

How much revenue Sterlite Power did earn in FY23?

Ans. Sterlite Power's total revenue in FY23 is Rs. 6,452 Cr. against Rs. 5,994 Cr.

How do I buy Sterlite Power unlisted shares in India?

Ans. You can buy Sterlite Power unlisted shares at Stockify. Our expert brokers will guide you throughout the trading process to make your investment journey hassle-free. Connect with our expert brokers today.