1. India Stocks

  2. •

    Industrial services

  3. •

    Engineering & construction
Sterling And Wilson Renewable Energy Limited

Sterling And Wilson Renewable Energy Limited

148.43
INR
-4.01
(-2.63%)
10.10EPS
26.11P/E
57.08BMarket Cap
Jan 21Next Earn
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
170.71
102.2
455.47
513.77
347.64
314.81
309.82
106.14
149.8
269.94
323.14
317.31
Basic EPS, GAAP
7.81
1.96
29.97
39.85
19.34
-17.8
-54.21
-61.65
-10.46
3.49
-13.25
9.36
Free Cash Flow per Basic Share
3.73
-19.86
16.64
-45.11
19.97
11.51
-101.52
-96.92
26.52
1.44
-11.5
- -
Dividend per Share
- -
- -
- -
- -
7.24
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-4.8
3.53
12.26
52.44
67.41
41.27
48.33
-11.87
41.56
43.13
27.82
- -
Tangible Book Value per Share
-4.83
3.48
12.19
52.14
67.03
40.73
47.94
-12.17
41.35
42.96
27.54
- -
Basic Weighted Avg Shares
160
160
151
160
160
160
168
190
203
233
234
233
Sales/Revenue/Turnover
27,394
16,400
68,710
82,388
55,748
50,482
51,974
20,134
30,351
63,001
75,458
73,896
Operating Margin (%)
7.5
3.77
8.2
7.94
6.02
-5.56
-15.54
-54.11
-0.47
4.35
4.82
4.94
Depreciation Expense
9
16
32
78
142
165
147
147
168
146
116
119
Net Income, GAAP
1,254
314
4,522
6,390
3,101
-2,854
-9,095
-11,695
-2,119
815
-3,094
2,180
Effective Tax Rate (%)
35.48
47.86
14.78
15.93
23.65
- -
- -
- -
- -
47.37
- -
18.88
Profit Margin (%)
4.58
1.92
6.58
7.76
5.56
-5.65
-17.5
-58.09
-6.98
1.29
-4.1
2.95
Working Capital
-840
390
1,579
7,789
10,022
4,687
7,463
2,733
10,754
11,401
6,601
- -
LT Debt
- -
- -
- -
- -
68
91
80
7,111
2,776
5,510
5,156
- -
Total Equity
-769
566
1,939
8,375
10,726
6,578
9,058
-2,403
9,550
9,945
6,512
- -
Return on Invested Capital (%)
- -
24.06
130.17
31.23
9.61
- -
- -
- -
- -
7.75
- -
- -
Return on Capital (%)
- -
21.86
123.81
40.8
17.12
- -
- -
- -
- -
7.46
- -
- -
Return on Common Equity (%)
- -
- -
357.16
123.17
32.26
-32.75
-115.22
- -
- -
8.24
-37.35
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
6,759
- -
LT Borrowings
- -
4,974
- -
LT Finance Leases
- -
182
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
233
234
234
Market Capitalization
50,010
34,768
57,075

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
47,680
- -
Cash, Cash Equivalents & STI
- -
951
- -
Accounts Receivable, Net
- -
17,993
- -
Inventories
- -
21
- -
Total Current Liabilities
- -
41,079
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
6,759
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-22.64%
-123.32%
-34.52%
Free Cash Flow
-352.51%
-427.78%
-900.98%
Net Income, GAAP
60.85%
-90.59%
-479.9%
Sales/Revenue/Turnover
37.67%
23.96%
19.77%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
9,151
10,305
18,372
25,191
63,001
2026
17,616
- -
20,922
19,456
75,458
2027
15,901
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.18
0.3
0.64
2.37
3.49
2026
1.37
- -
-0.12
5.76
-13.25
2027
2.32
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Chandra Kishore Thakur
Full Time Employees
4,789
Sector
Industrial services
Industry
Engineering & construction
Address
Universal Majestic Mumbai MA India 400043
IPO Date
Aug 20, 2019
Website
sterlingandwilsonsolar.com
Similar Companies
Larsen & Toubro Limited (NSE:LT)
Engineers India Limited (NSE:ENGINERSIN)
Tekfen Holding Anonim Sirketi (BIST:TKFEN)
Enka Insaat ve Sanayi A.S. (BIST:ENKAI)
Quanta Services, Inc. (NYSE:PWR)
Sterling Infrastructure, Inc. (NASDAQ:STRL)
Business
Sterling and Wilson Renewable Energy Limited (SWSOLAR.NS) provides end-to-end engineering, procurement, and construction (EPC) solutions for solar power projects, along with operations and maintenance (O&M) services; utility-scale solar installations; rooftop solar solutions; floating solar projects; hybrid energy systems; and battery energy storage projects. The company operates through two primary segments, EPC and O&M, delivering design, engineering, procurement, construction, commissioning, and asset management services to third-party projects. It targets utility developers, independent power producers, and commercial customers across 28 countries, including India, the Middle East, Africa, Europe, the Americas, South East Asia, Australia, and Latin America. Headquartered in Mumbai, India, and founded in 2017 through the demerger of the solar EPC division of Sterling and Wilson Private Limited—which traces origins to 2011 operations—the company ranks among the world's largest solar EPC providers with over 10 GW of executed projects and a pipeline exceeding 12 GW. Backed by shareholders including Reliance New Energy Limited (holding approximately 32.5%) and Shapoorji Pallonji entities, it maintains strong ties to the Shapoorji Pallonji Group heritage while pursuing independent growth in renewables. Recent developments include a five-year strategic partnership framework agreement with Adani Green Energy, valued at Rs 1,381 crore, encompassing a Balance of System package for 1 GW across three solar projects at the Khavda Renewable Energy Park in Gujarat; this marks the company's largest domestic EPC order for fiscal 2026, pushing total order inflows beyond Rs 6,450 crore and adding to nearly 6 GW under execution in the region. In November 2025, Sterling and Wilson secures a turnkey 240 MW AC solar PV contract in South Africa worth approximately USD 147 million (Rs 1,313 crore); it also attains record unexecuted order value surpassing Rs 10,500 crore. Additional wins feature a Rs 1,130 crore order from NTPC Renewable Energy Limited and a 1,000 MWhr battery storage project in Rajasthan, alongside Rs 1,500 crore raised via qualified institutional placement to bolster expansion.