Is Any one tracking now this company , how do you see the Q3 Result
Fund raising was good for the company. But looks like funds are interested at particular price.
Business front:
Optical Fiber Cable prices trading much lower.
Sterlite will not do good for next year.
Triggers:
USA and Realisation should pick up.
1 Like
Scheme of Demerger approved by shareholders, secured and unsecured creditors. Any idea when the demerger will materialise?
I think around March / April 2025. The demerge share ratio is 5:1. Why the company is not getting profitable is the question.
2 Likes
3 Likes
With the demerger, expecting the optical networking business to do well. Overhang of high working capital requirements gone, and high customer inventory appears to have been exhausted. Credit rating should improve reflecting improved balance sheet and business prospects.
Additionally expecting the demerged entity to list at 24+ based on rough back of the envelope valuations of ~ 1x P/S typical of average B2G EPC businesses. Anything more might be a jackpot. I could be wildly off in my estimates and assumptions though.
I have bet approximately 50 percent of my portfolio on this company pre demerger at average price of 122. Took a risk based on my risk profile.
Consume this information at your own risk.
3 Likes
This entire management is not concerned on cashflow generation just merger vs demerger. Extremely horrible management. Is this how you run a company?
2 Likes
When will the demerged entity be listed?
Be aware of this fraud company and invest at your own peril. For that matter, it is applicable to entire Vedanta Group. You go through entire history of this group for last 10 years and every thing becomes crystal clear. Anil Agarwal has never given anything to investors in general and retail investors in particular. What is happening in this group is mind boggling. So many mergers and demergers that one loses track. At one point the original company was delisted from India at peanut valuation. It got HZL at throwaway price and is still looting it. It has declared dividends to benefit Vedanta and for making debt payment. Even now it is heavily in debt. So my request to all retail investors is to avoid this group or make proper study.
In my opinion this is the worst management amongst all big corporate houses in India.
NB- I have sold my small holdings in HZL. I donât have any vested interest. What pains me that so many big pundits and analysts have not raised any issue on this management.
4 Likes
The timeline of the demerger has been delayed for Sept 2024 to September this year, and given the current situation, it is not certain whether it is still possible
1 Like
EBITDA stood at Rs 140 crore, up by ~94% YoY, led by cost optimization and operational efficiency. As on 30th June 2025, the companyâs open order book stands at Rs 4,888 crore. They remain confident that improved capacity utilization will drive enhanced EBITDA margins, thereby supporting the overall profitability.
Disc: Invested
3 Likes
Still waiting for the demerged shares to be listed. Been 4 months since record date. One thing that the company doesnât disappoint on is its failure to adhere to its own timelines.
I have exited my position in STL tech at average of 126âŚ. Mostly because of how their promises donât translate to outcomes. Even if this does do better going forward, I will save myself the anxiety of associating with an unreliable management.
3 Likes
Final information memorandum dated Aug 26th uploaded on Invenia website under investor relations.
Also includes the FY25 results of STL networks. Neither published at stock exchange filings of STL tech.
3 Likes
https://inveniatech.com/wp-content/uploads/2025/08/Final-Information-Memorandum.pdf
Update- STL networks will be listed on 4th Sep 2025 according to exchange circular.
1 Like
Sterlite Technologies and HFCL
Concall must be read. Cycle might be turning here.
Very interesting
Sterlite is sitting on operating leverage. Once revenue kicks in margins will expand.
Disc - Invested
2 Likes
Yes, HFCL Management. Said OFC revival is a multi-year opportunity.
)