Sterlite Power Transmission (SPT), a renowned power transmission developer and solution provider in India and Brazil, earned Rs. 6,452 crore in revenue in FY23, which is more than the previous year, while the recorded EBITDA of the company is Rs. 1,150 crore, again higher than the last year. Since Sterlite Power Transmission is an unlisted company, the positive revenue and growth of the company in the recent year have attracted a lot of retail investors to buy its unlisted shares.
If you, too, want to buy Sterlite Power Transmission Limited pre-IPO shares, you must know about its financial reports for FY22 and FY23. Without beating around the bush, let's do a quick comparative analysis of Sterlite Power Transmission's financial reports for financial years 2022 and 2023.
A Quick Comparison Of SPT Financials For FY22 And FY23
We have created a table below to help you understand the financials (EBITDA, Revenue, EPS Growth and other key indicators) of Sterlite Power Transmission for the years 2022 and 2023. Have a look at the table given below.
Particulars (Rs. in Crore) | FY2022 | FY2023 |
Revenue | 5,995 | 6,452 |
EBITDA | 1,354 | 1,150 |
PAT | 440 | 33 |
Circuit Km | 13,945 | 15,154 |
The above-mentioned table clearly highlights the positive performance of the company in FY23, compared to the previous.
There are various reasons towards the growth of Sterlite Power Transmission Limited in FY23. Well, the company commissioned the 1st Green Energy Corridor Project LVTPL and acquired the 2nd GEC project in Rajasthan - FBTL. Moreover, the company won the Power Transmission Company of the Year 2023 recognition from The Economic Times. It also successfully commissioned the DT Line of the Goa Tamnar Transmission Project Limited (GTTPL). The company also acquired two new projects, including Tangara and Serra Negra, in Brazil in 2023. In fact, the positive performance of the company can also be seen in its unlisted shares, which were available for trading at Rs. 590 per equity share or less in 2022, and the prices surged to Rs. 600 per equity share in 2023. As a retail investor, you can buy Sterlite Electric Limited to boost your investment portfolio and yield high ROI. Let's now move ahead and analyse the Profit and Loss statement of Sterlite Power Transmission Limited for FY22 and FY23.
Profit and Loss Statement Comparison For FY22 And FY23
Categories (Rs. in Crore) | 31-March- 2023 | 31-March-2022 |
Profit Before Interest And Tax | 514.06 | 326.42 |
Profit Before Tax | 426.28 | 287.69 |
Profit For The Period | 322.01 | 246.55 |
The above table clearly shows the profit for FY23 is higher than the previous year.
As per Mr Pratik Agarwal, Managing Director of Sterlite Power Transmission Limited, "With the continued focus on garnering new opportunities and operational efficiencies, Sterlite Power is happy to report remarkable progress and achievements in the last quarter and financial year 2023."
If we talk about revenue, the primary source of revenue generation of the company comes from the contracts, sale of products, services provided to the customers, construction and many overseas projects. The company has a robust presence in the power conductor and cable manufacturing business, with 20% and 10% of the market share.
Predicted Future Of Sterlite Power Transmission
Sterlite Power Transmission has recorded a positive performance and growth in FY 2023. The power transmission projects in India seem to be growing in the future. Being an integrated player in this industry, Sterlite Power Transmission Limited will be majorly contributing to it and expanding its growth in the future.
Moreover, the company has also filed a Draft Document with SEBI to raise around Rs. 1,250 crore via Initial Public Offering (IPO). The roll-out of the Sterlite Power IPO is a great opportunity for investors to buy Sterlite Power Transmission unlisted shares.
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Frequently Asked Questions
1. How much does Sterlite Power Transmission Limited earn revenue in FY22?
Ans. The recorded revenue of the company for FY 22 was Rs. 5,994 crore, which is higher than its previous year, which was Rs. 3,816 crore in FY21.
2. What is the market capital of Sterlite Power Transmission Limited?
Ans. The market capital of the company is Rs. 5,7340.0 million as per 2022 data.
3. What is the total revenue earned by the company in FY23?
Ans. Sterlite Power Transmission Limited earned a total revenue of Rs. 6,297 crore. It entails all the money generated from the company's different activities during the period.
4. What price Sterlite Power Transmission unlisted shares are available for trading?
Ans. Sterlite Power Transmission pre-IPO stocks are available for trading at Rs. 600. The prices can be changed depending on the market trends and the company's performance.
5. Is buying Sterlite Power Transmission unlisted shares difficult?
Ans. Buying and selling unlisted shares of pre-IPO companies is easy with Stockify. The expert brokers will help you with the buying and selling of unlisted shares.
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