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Sterling and Wilson Renewable Energy Limited

Sterling and Wilson Renewable Energy Limited

SWSOLAR.BO
Sterling and Wilson Renewable Energy LimitedIN flagBombay Stock Exchange
245.20
INR
-1.70
- -
57.26BMarket Cap
Sterling and Wilson Renewable Energy Limited
SWSOLAR.BO
(Bombay Stock Exchange)

Recent

price

245.20

P/E

ratio

- -

div

yld

- -

ROIC.AI

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
170.71
102.2
455.47
513.77
347.64
314.81
309.82
106.14
149.8
269.94
323.12
306.23
Revenue per Share
7.81
1.96
29.97
39.85
19.34
-17.8
-54.21
-61.65
-10.46
3.49
-13.25
4.68
Basic EPS, GAAP
3.73
-19.86
16.64
-45.11
19.97
11.51
-101.52
-96.92
26.52
1.44
-11.5
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
7.24
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
25.4
63.77
75.69
57.24
0.76
-60.94
-67.35
-55.12
-68.41
- -
Book Value per Share
-4.83
3.47
12.78
51.92
66.51
40.48
53.56
-12.98
46.9
42.45
27.61
- -
Tangible Book Value per Share
160
160
151
160
160
160
168
190
203
233
234
233
Basic Weighted Avg Shares
27,394
16,400
68,710
82,388
55,748
50,482
51,974
20,134
30,351
63,001
75,458
71,484
Sales/Revenue/Turnover
7.5
3.77
8.2
7.94
6.02
-5.56
-15.54
-54.11
-0.47
4.35
4.82
4.12
Operating Margin (%)
9
16
32
78
142
165
147
147
168
146
116
131
Depreciation Expense
1,254
314
4,522
6,390
3,101
-2,854
-9,095
-11,696
-2,119
814
-3,094
1,092
Net Income, GAAP
35.48
47.86
14.78
15.93
23.65
- -
- -
- -
- -
47.37
- -
46.34
Effective Tax Rate (%)
4.58
1.92
6.58
7.76
5.56
-5.65
-17.5
-58.09
-6.98
1.29
-4.1
1.53
Profit Margin (%)
-840
390
1,579
7,789
10,022
4,687
7,463
2,733
10,754
11,401
6,601
- -
Working Capital
- -
- -
- -
- -
68
91
80
7,111
2,776
5,510
5,156
- -
LT Debt
-769
566
1,939
8,375
10,726
6,578
9,058
-2,403
9,550
9,945
6,512
- -
Total Equity
- -
24.28
130.86
31.46
9.46
- -
- -
- -
- -
8.37
- -
- -
Return on Invested Capital (%)
- -
20.45
105.51
36.86
16.17
- -
- -
- -
- -
-20.69
- -
-20.43
Return on Capital (%)
- -
- -
235.98
90.9
27.73
-26.77
-195.42
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'25
Jun'26
ST Debt
- -
3,854
- -
LT Borrowings
- -
5,238
- -
LT Finance Leases
- -
272
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
233
- -
Market Capitalization
106,918
58,440
74,653

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'25
Jun'26
Total Current Assets
- -
51,790
- -
Cash, Cash Equivalents & STI
- -
4,404
- -
Accounts Receivable, Net
- -
12,540
- -
Inventories
- -
26
- -
Total Current Liabilities
- -
40,388
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
3,854
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

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

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5,150
7,595
5,829
11,778
30,351
2025
9,151
10,305
18,372
25,191
63,001
2026
17,616
20,922
19,456
- -
75,458

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-5.03
-2.86
-3.31
- -
-10.46
2025
0.18
0.3
0.64
2.37
3.49
2026
1.37
-0.12
5.76
- -
-13.25

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Sterling and Wilson Renewable Energy Limited Sterling and Wilson Renewable Energy Limited (SWSOLAR.BO) is a leading global provider of end-to-end engineering, procurement, and construction (EPC) services for renewable energy projects, specializing in utility-scale solar, floating solar, hybrid energy systems, and battery energy storage solutions; its operations and maintenance (O&M) segment delivers asset management, performance optimization, and long-term support for EPC projects and third-party assets. The company offers comprehensive EPC services encompassing design and engineering, procurement, inspection and audit, construction, field quality monitoring, project management, testing, commissioning, grid connectivity, and specialized solutions such as anchoring and mooring for floating solar projects, bathymetric and geotechnical assessments, solar-battery hybrid integrations, and standalone turnkey battery storage. Founded in 2011 as the solar EPC division of Sterling and Wilson Private Limited and demerged in 2017 with a name change to its current form in November 2021, the company is headquartered in Mumbai, India, and maintains operations across 28 countries including India, the Middle East, Africa, Europe, South-East Asia, the United States, Australia, the Philippines, Thailand, South America, and Latin America, serving utility-scale developers, independent power producers, and commercial customers in the renewable energy sector. Recent developments include securing three new solar EPC contracts valued at approximately ₹1,772 crore for 943 MWp capacity in India and South Africa in October 2025, pushing fiscal year order inflows beyond ₹3,775 crore; winning a 1,000 MWh battery energy storage project in Rajasthan and orders from NTPC Renewable Energy Limited including a ₹1,130 crore Khavda RE power park contract and a ₹2,212 crore award; raising ₹1,500 crore through a qualified institutional placement; and reporting a return to profitability with ₹4.8 crore net profit in Q1 FY2025 alongside strong Q3 FY2024 order inflows of ₹2,400 crore, reflecting robust growth in its unexecuted order book exceeding ₹10,500 crore.