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Sterling Powergensys Limited

Sterling Powergensys Limited

STERPOW.BO
Sterling Powergensys LimitedIN flagBombay Stock Exchange
35.50
INR
+1.43
- -
186.82MMarket Cap
Sterling Powergensys Limited
STERPOW.BO
(Bombay Stock Exchange)

Recent

price

35.50

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
21.33
42.45
11.35
10.23
2
7.22
32.68
12.18
1.96
21.9
0.72
0.61
0.65
13.51
24.02
- -
45.44
Revenue per Share
-4.18
1.73
-1.59
0.42
-0.42
0.23
0.32
-1.22
-1.36
-1.02
-2.16
0.2
-1.39
5.56
0.36
- -
2.1
Basic EPS, GAAP
-4.47
2.99
-5.44
-0.13
-1.92
1.43
1.98
-0.61
-1.01
-0.8
-1.65
-0.01
0.41
-1.13
-1.75
- -
-0.1
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-6.07
-1.69
-3.03
-2.62
-3.32
-3.09
-2.77
-3.99
-5.35
-6.37
-8.53
-8.33
-9.72
-4.28
-3.66
- -
10.05
Book Value per Share
-0.4
3.66
1.53
1.9
1.18
1.4
1.74
0.53
-0.82
-1.83
-3.98
-3.77
-5.16
0.27
0.62
- -
2.64
Tangible Book Value per Share
4
4
5
5
5
5
5
5
5
5
5
5
5
5
5
- -
5
Basic Weighted Avg Shares
87
184
58
52
10
37
167
62
10
112
4
3
3
69
126
238
238
Sales/Revenue/Turnover
-19.28
44.24
-17.84
8.97
-13.03
-85.23
2.39
-5.23
-52.08
-3.59
-149.43
-256.43
-157.99
-9.17
-7.85
3.64
4.12
Operating Margin (%)
2
2
2
3
2
2
2
3
3
3
3
3
2
2
1
1
1
Depreciation Expense
-17
8
-8
2
-2
1
2
-6
-7
-5
-11
1
-7
28
2
10
11
Net Income, GAAP
- -
- -
- -
- -
- -
- -
21.85
- -
- -
- -
- -
- -
- -
- -
- -
26.21
24.15
Effective Tax Rate (%)
-19.6
4.07
-14.05
4.1
-21.09
3.15
0.99
-10.03
-69.24
-4.67
-298.91
33.1
-214.49
41.18
1.5
4.14
4.62
Profit Margin (%)
-6
12
67
- -
-2
16
6
8
6
17
18
18
14
18
19
28
28
Working Capital
43
38
48
24
28
22
8
16
16
27
37
53
53
24
25
22
22
LT Debt
-2
16
8
10
6
7
9
3
-4
-9
-20
-19
-26
1
3
14
14
Total Equity
- -
171.6
- -
10.54
- -
-83.05
9.57
- -
- -
- -
- -
-31.41
- -
-24.1
-36.46
19.75
22.96
Return on Invested Capital (%)
- -
31.67
- -
24.2
- -
17.7
27.04
- -
- -
- -
- -
103.52
- -
1,016.01
72.33
26.89
30.19
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-40.03
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
25
24
22
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5
5
5
Market Capitalization
173
149
101

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
207
257
156
Cash, Cash Equivalents & STI
- -
- -
- -
Accounts Receivable, Net
121
128
66
Inventories
14
58
17
Total Current Liabilities
191
244
128
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
34.68%
76.12%
324.9%
Free Cash Flow
-631.01%
-1,273.26%
-94.43%
Net Income, GAAP
-140.84%
-213.77%
421.7%
Sales/Revenue/Turnover
327.62%
429.73%
88.83%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2
1
1
64
69
2025
107
3
8
8
126
2026
8
8
51
171
238

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.1
-0.32
3.52
- -
5.56
2025
0.04
0.02
-0.17
-0.53
0.36
2026
-0.35
-0.39
-0.26
3.08
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Sterling Powergensys Limited manufactures industrial boilers, thermal power plants up to 10 MW, and solar solutions including grid PV systems, rooftop solar products, and engineering, procurement, and construction services for solar projects; it also sells commodities such as sugar, electrolyser systems and accessories including PEM electrolyzers for green hydrogen production powered by solar PV plants, module mounting structures for solar plants, solar panels, water pumps, and related electrical infrastructure like switchgear, control panels, and transformers. The company, founded in 1984 and headquartered in Mumbai, India, previously known as Sterling Strips Limited until its name change in September 2014, operates primarily in the renewable energy and power generation sectors, serving rooftop, agricultural, industrial, and utility customers across India with a focus on sustainable technologies such as green hydrogen initiatives aligned with India's National Hydrogen Mission. Recent developments include receiving a proposal for large-scale projects in July 2025 signaling potential growth opportunities, leadership changes with the appointment of Tarang Mehta as Chairman in September 2024 following Nandakumar Kalath's resignation, the resignation of CFO Dinesh Agarwal in November 2024, a board decision in November 2024 to consider issuing shares via private placement, and revenue growth through solar projects and commodities in fiscal year 2025 alongside research into new ventures.