Analysts/Institutional Investor Meet/Con. Call Updates

STL unveils 'Lakshya,' its FY29 growth plan, targeting 20,000 crore revenue (over 4x FY26's 4,750 crore) and 27%+ EBITDA margins (up from 13.2%). This ambition is fueled by expanding optical demand, driven by AI data centers and Data Center Interconnect (DCI), shifting from "connecting people" to "connecting intelligence." The company plans to invest ~1,000 crore annually to boost capacity by 50% and innovate in technologies like hollow-core fiber.

An open order book of over $2 billion provides strong revenue visibility.

Management expressed a confident outlook on structural growth and increased profitability.