Sterling & Wilson Renewable Energy Ltd Share Price

Engineering - Turnkey Services

NSE: SWSOLAR Small Cap ISIN: INE00M201021

As on 22 January 2025 at 15:59 IST

₹363.70

-25.00

(-6.43%)

Sell Buy

About Sterling & Wilson Renewable Energy Ltd

Sterling and Wilson Renewable Energy Ltd. stands as a prominent player in the global renewable energy sector. Originating in 2011 as the Solar EPC Division of Sterling and Wilson Private Limited, the company established itself as an independent entity in the year 2017. This marked a significant milestone in its corporate journey. Headquartered in Mumbai, Maharashtra, Sterling and Wilson Renewable Energy Ltd. specializes in comprehensive solar engineering, procurement, and construction (EPC) solutions. The company also offers end-to-end services that encompass meticulous design, advanced engineering, strategic procurement, and ongoing maintenance of solar power plants. Read More...

Over 1 Month

-16.87%

Over 6 Months

-41.37%

Over 1 Year

-25.81%

Over 3 Years

-2%

Sterling & Wilson Renewable Energy Ltd Summary

Close ₹ 363.70

Open ₹ 396.65

High ₹ 396.65

Low ₹ 355

Volume 39,37,031

Net Turnover (in ₹) ₹ 1,47,31,67,985.50

52Wk High ₹ 828

52Wk Low ₹ 382.65

52Wk High / Low

355

828

Sterling & Wilson Renewable Energy Ltd Fundamentals

Key Financial Data

Market Cap (in ₹Cr) ₹ 9,075.92

EPS (TTM) 13.49

Book Value (BV) 121.40

Div. Yield -

P/E (TTM) 28.81

Price/Book Value 3.20

Delivery % 33.95 %

Face Value 1

Key Ratios

PE Ratio 140.07

PB Ratio 4.56

EV to Sales 4.60

PEG Ratio -1.17

ROA 2.72

ROE 4.53

Debt-Equity 0.61

Net Profit Margin 3.22

Operating Profit Margin 12.29

Sterling & Wilson Renewable Energy Ltd Financials

Profit and Loss

Consolidated

Standalone

Yearly

Quarterly

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	3,120.79	2,125.87	5,293.64	5,239.29	5,878.78
Total Expenses	3,293.11	3,304.61	6,203.80	5,579.33	5,480.28
Profit Before Tax	-172.32	-1,178.74	-910.16	-340.04	398.50
Profit After Tax	-210.79	-1,174.96	-915.76	-290.04	304.27
Operating Profit after Depreciation	46.20	-1,033.83	-833.45	-246.95	593.43

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	56.21	44.24	42.51	46.66	45.81
Total Non Current Assets	179.62	216.69	192.94	224.30	90.83
Total Current Assets	4,120.90	2,973.68	3,307.05	3,485.07	4,943.65
TOTAL ASSETS	4,300.52	3,190.37	3,499.99	3,709.37	5,034.48
Total Shareholder's Fund	969.17	-225.08	916.76	661.88	1,080.96

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	538.39	-1,829.21	-1,689.76	200.98	337.73
Net Cash used in Investing Activities	-4.70	-11.66	949.31	408.81	1,018.07
Net Cash used in Financing Activities	-285.96	1,431.26	978.14	-853.25	-1,313.29

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	2,977.07	1,672.17	3,561.89	3,330.12	4,908.51
Total Expenses	2,853.61	2,019.14	3,767.31	3,472.79	4,477.03
Profit Before Tax	123.46	-346.97	-205.42	-142.67	431.48
Profit After Tax	87.25	-355.02	-167.52	-111.44	316.70
Operating Profit after Depreciation	315.85	-205.87	-130.08	-75.08	577.72

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	46.76	33.27	28.14	33.83	28.54
Total Non Current Assets	2,053.23	579.34	553.91	530.30	66.90
Total Current Assets	3,633.87	3,477.64	3,418.84	3,245.99	3,849.21
TOTAL ASSETS	5,687.10	4,056.98	3,972.75	3,776.29	3,916.11
Total Shareholder's Fund	2,680.56	1,168.98	1,501.23	511.98	702.40

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	1,027.07	-579.70	-1,260.62	-9.56	-272.52
Net Cash used in Investing Activities	-702.23	-1,087.85	500.58	225.13	965.33
Net Cash used in Financing Activities	-85.24	1,346.02	982.20	-275	-820.57

Particulars (in ₹ Cr.)	2024-12	2024-09	2024-06	2024-03	2023-12
Total Revenue	1,837.20	1,030.49	915.06	1,178.01	582.88
Total Expenses	1,766.87	1,012.34	890.38	1,148.66	599.06
Profit Before Tax	41.09	20.07	14.66	33.74	-60.79
Profit After Tax	17.14	8.57	4.83	1.40	-62.39
Operating Profit after Depreciation	75.80	52.11	37.51	62.74	11.25

Particulars (in ₹ Cr.)	2024-12	2024-09	2024-06	2024-03	2023-12
Total Revenue	1,487.29	995.97	885.47	1,139.63	540.65
Total Expenses	1,412.01	954.13	833.04	1,084.55	531.80
Profit Before Tax	89.82	85.68	82.97	121.49	6.81
Profit After Tax	77.47	75.02	73.59	88.89	6.29
Operating Profit after Depreciation	123.49	113.30	104.28	148.28	70.44

Sterling & Wilson Renewable Energy Ltd Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3

S1 380.05

S2 371.40

S3 360.15

Pivot 391.30

R1 399.95

R2 411.20

R3 419.85

Moving Average

20 SMA 441.18

50 SMA 471.38

100 SMA 550.86

200 SMA 616.59

Sterling & Wilson Renewable Energy Ltd Corporate Actions

Dividend

Bonus

Splits

Rights

AGM

EGM

No available data

AGM Date: 30 Sep 2022

AGM 30/09/2022 Pursuant to Regulation 30 of the SEBI Listing Regulations, please find enclosed the newspaper publication with respect to information on the 5th AGM of the Company published in Financial Express and Navshakti on Friday, September 09, 2022 (As Per BSE Announcement dated on 09.09.2022) Please find enclosed herewith the proceedings of the 5th Annual General Meeting of the Company held today i.e. Friday, September 30, 2022 at 03:00 p.m. (IST) through Video Conferencing (VC)/ Other Audio - Visual Means (OAVM). (As Per BSE Announcement dated on 30.09.2022) The Members of the Company have, at the 5th Annual General Meeting held on September 30, 2022, approved the appointment of M/s. Deloitte Haskins & Sells LLP, Chartered Accountants (Registration No. 117366W/ W-100018) as Statutory Auditors of the Company, in addition to the existing Statutory Auditor of the Company, i.e. M/s. Kalyaniwalla & Mistry LLP, for a period of 5 (Five) consecutive years from the conclusion of 5th AGM till the conclusion of 10th AGM, i.e. from F.Y. 2022-23 till F.Y. 2026-27. (As Per BSE Announcement Dated 01.10.2022)

AGM Date: 13 Jul 2023

ursuant to Regulations 30 and 34 of the SEBI Listing Regulations, please find enclosed herewith the Annual Report of the Company for the Financial Year 2022-23, BRSR and the Notice of the 6th AGM of the Members of the Company. The Notice of the 6th AGM is given on Page Nos. 15 to 30 of the Annual Report. Pursuant to Regulations 30 and 34 of the SEBI Listing Regulations, please find enclosed herewith the Annual Report of the Company for the Financial Year 2022-23, BRSR and the Notice of the 6th AGM of the Members of the Company. The Notice of the 6th AGM is given on Page Nos. 15 to 30 of the Annual Report. The 6th AGM of the Company will be held on Thursday, July 13, 2023 at 02:00 p.m. (IST) through Video Conferencing ('VC')/ Other Audio - Visual Means (As Per BSE Announcement dated on 21.06.2023) Pursuant to Regulation 30 of the SEBI Listing Regulations, please find enclosed the newspaper publication with respect to information on the 6th AGM of the Company published in Financial Express and Navshakti on Thursday, June 22, 2023. This is also available on the Company's website at https://www.sterlingandwilsonre.com/. (As per BSE Announcement Dated on 22/06/2023) Please find enclosed herewith the proceedings of the 6th AGM of the Company held today i.e., Thursday July 13, 2023 at 02:00 p.m. (IST) through Video Conferencing (VC)/ Other Audio - Visual Means (OAVM) Pursuant to Regulation 30 of the Listing Regulations, we hereby inform you that the Shareholders of the Company, at their 6th AGM held on Thursday, July 13, 2023 have inter alia approved the following: 1- Appointment of Mr. Umesh Khanna as a Non- Executive Director of the Company, Liable to retire by rotation, to fill the vacancy caused due to retirement of Mr. Pallon Mistry as Director at the 6th AGM of the Company. Further, Mr. Pallon Mistry has ceased to be a Non-Executive Director of the Company on conclusion of the 6th AGM. 2- Re- Appointment of Mr. Chandra Kishore Thakur as the Manager of the Company for a further period of 2 years w.e.f. September 01, 2023 to August 31, 2025. Please find enclosed the Consolidated report of the Scrutinizer dated July 13, 2023 issued by the Scrutinizer, i.e. Mr. Mannish Ghia, Partner of M/s. Manish Ghia & Associates, Practicing Company Secretary. Pursuant to Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the details regarding the voting results of the business transacted at the 6th AGM of the Company (As per BSE Announcement Dated on 13/07/2023)

AGM Date: 05 Sep 2024

AGM 05/09/2024 Pursuant to Regulation 30 of the Listing Regulations, please find enclosed herewith the summary of proceeding of the 7th AGM of the Company held on September 05, 2024 at 11:00 a.m. through VC/ OAVM. Further please find enclosed Voting Results as per Regulation 44(3) of Listing Regulations, along with Scrutinizer Report (As Per Bse Announcement Dated on 05.09.2024)

Sterling & Wilson Renewable Energy Ltd Peer Comparison

Company	Price	Market Cap (in ₹ Cr)
Sterling & Wilson Renewable Energy Ltd	₹388.60	₹9,073.59
Larsen & Toubro Ltd	₹3,536.05	₹4,86,253.07
Rail Vikas Nigam Ltd	₹419.50	₹87,466.59
IRB Infrastructure Developers Ltd	₹53.10	₹32,067.09
NBCC (India) Ltd	₹95.10	₹25,677
K E C International Ltd	₹938.55	₹24,984.20

Sterling & Wilson Renewable Energy Ltd News

Sterling & Wilson Renewable Energy Ltd leads losers in 'A' group

Hatsun Agro Product Ltd, Kalyan Jewellers India Ltd, Authum Investment & Infrastructure Ltd and Infosys Ltd are among the other losers in the BSE's 'A' group today, 17 January 2025.

17 Jan 2025, 03:00 pm

SW Solar soars on reporting turnaround PAT of Rs 15 cr in Q3

Sterling and Wilson Renewable Energy surged 9.28% to Rs 464 after the company reported consolidated net profit of Rs 14.83 crore in Q3 FY25 as against net loss of Rs 63.67 crore in Q3 FY24.

16 Jan 2025, 02:41 pm

Sterling & Wilson Renewable Energy to conduct board meeting

On 16 January 2025

10 Jan 2025, 12:43 pm

Sterling and Wilson Renewable soars after bagging order worth Rs 1,200 crore

Sterling and Wilson Renewable Energy jumped 6.04% to Rs 470.35 after the company announce that it has received LoI for a prestigious new order totaling approximately Rs 1,200 crore in Gujarat.

23 Dec 2024, 09:24 am

Sterling & Wilson Renewable Energy bags order of Rs 1200 cr

23 Dec 2024, 01:09 pm

Sterling & Wilson Renewable Energy Ltd Stock Analysis

Annual revenue for Sterling & Wilson Renewable Energy Ltd increased by 78.04% to ₹2,977.07 crore in FY 2024 from ₹1,672.17 crore in FY 2023.
Annual Net Profit for Sterling & Wilson Renewable Energy Ltd decreased by 124.58% to ₹87.25 crore in FY 2024 from ₹-355.02 crore in FY 2023.
Promoter Shareholding in Sterling & Wilson Renewable Energy Ltd decreased by 0.04% in the most recent quarter, from 45.75% in September 2024 to 45.73% in December 2024.
Sterling & Wilson Renewable Energy Ltd delivered a 1-year return of -25.81% compared to the Nifty 50, which provided a return of 8.41% as of the last trading session.
Sterling & Wilson Renewable Energy Ltd share price moved down by 6.43% from its previous close of INR ₹388.70. The latest Sterling & Wilson Renewable Energy Ltd share price is INR ₹363.70.
Sterling & Wilson Renewable Energy Ltd share price today has been at a low of 355 and a high of 396.65. Over the past 52 weeks, the Sterling & Wilson Renewable Energy Ltd share price has seen a low of 355 and a high of 828.

About Sterling & Wilson Renewable Energy Ltd

Sterling and Wilson Renewable Energy Ltd. stands as a prominent player in the global renewable energy sector. It specializes in comprehensive solar engineering, procurement, and construction (EPC) solutions. Originating in 2011 as the Solar EPC Division of Sterling and Wilson Private Limited, the company established itself as an independent entity in 2017. This marked a significant milestone in its corporate journey.

Headquartered in Mumbai, Maharashtra, the top promoter of Sterling and Wilson Renewable Energy is Reliance New Energy Limited, which owns a 32.51% stake in the company. Sterling and Wilson Renewable Energy Ltd. is a key subsidiary of the renowned Shapoorji Pallonji Group, which is a distinguished Indian conglomerate that owns 6.94% of the total equity. This backing has positioned the company as a world-leading solar EPC solution provider.

The core business of Sterling and Wilson revolves around developing utility-scale solar power projects. The company also offers end-to-end services that encompass meticulous design, advanced engineering, strategic procurement, and ongoing maintenance of solar power plants. The expertise of Sterling and Wilson Renewable Energy extends beyond mere project implementation. The company focuses on delivering sustainable and innovative renewable energy solutions that contribute to global clean energy objectives.

Sterling and Wilson Renewable Energy is led by a team of seasoned professionals. Khurshed Yazdi Daruvala is the Chairman and Non Ind & Non-Exe Director. Meanwhile, Balanadu Narayan holds the position of Non-Exe.Non Ind.Director. Apart from them, there are other managerial promoters who have contributed to the success of the company. They are –

Saurabh Agarwal
Umesh Khanna
Rahul Dutt

The management's vision and technical expertise have been crucial in establishing Sterling and Wilson's reputation in the renewable energy sector. The registered office is located at Universal Majestic, P.L. Lokhande Marg, Chembur, Mumbai. This location serves as the nerve centre of operations, from where the company coordinates its extensive network of solar energy projects and strategic initiatives. Meanwhile, the company's registrars are based near L.B.S. Marg, Vikhroli.

With a significant market share and a proven track record, Sterling and Wilson Renewable Energy Ltd. continues to play a pivotal role in advancing solar energy infrastructure. The company's commitment to sustainable development makes it a key contributor towards cleaner, more environmentally friendly energy solutions.

From Mumbai to the World - The Sterling and Wilson Renewable Energy Story

Sterling and Wilson Renewable Energy Ltd. has become a global leader in the renewable energy sector. Since its establishment as a separate entity in 2017, the company has rapidly expanded its reach, providing EPC solutions worldwide. Headquartered in Mumbai, Sterling and Wilson Renewable Energy is part of the Shapoorji Pallonji Group, a renowned Indian conglomerate.

Sterling and Wilson Renewable Energy started as the Solar EPC Division of Sterling and Wilson Private Limited in 2011. Recognizing the growing demand for renewable energy, the company focused on developing comprehensive solar EPC solutions. In 2017, it was spun off as a separate entity to better address the expanding opportunities in the solar energy sector. This strategic move allowed the company to specialize and concentrate its resources on solar projects.

From the outset, Sterling and Wilson Renewable Energy's vision was to become a global leader in the renewable energy industry. The company's strategic approach included leveraging its engineering expertise and extensive project management experience. This allowed Sterling and Wilson to focus on large-scale solar projects. As a result, the company delivered high-quality solutions to meet the needs of clients worldwide.

Sterling and Wilson Renewable Energy's journey to global prominence began with its first international project in the Philippines. This successful venture opened the door to numerous opportunities in other countries. Today, the company has a presence in over 25 countries, including key markets in the Middle East, Africa, Europe, Latin America, and Asia. This extensive global footprint has enabled Sterling and Wilson Renewable Energy to establish itself as one of the world's largest solar EPC solution providers.

Sterling and Wilson Renewable Energy places a strong emphasis on quality and efficiency in all its projects. The company employs cutting-edge technology and best practices. This is to ensure that its solar installations are highly efficient and reliable. Sterling and Wilson also adhere to stringent quality standards. This ensures that its projects deliver optimal performance and long-term value to clients.

Like any company operating in a dynamic industry, Sterling and Wilson Renewable Energy have faced various challenges. These include regulatory changes, market fluctuations, and technological advancements. However, the company's ability to adapt to these challenges has been a key factor in its success. Sterling and Wilson Renewable Energy stayed agile and responsive, which allowed the company to navigate these complexities and continue to thrive in the competitive renewable energy market.

Looking ahead, Sterling and Wilson Renewable Energy Ltd. aims to further strengthen its position as a global leader in the renewable energy sector. The company plans to expand its portfolio by exploring new markets and developing innovative solutions for emerging energy challenges. Additionally, Sterling and Wilson are committed to enhancing its sustainability efforts. This is to contribute to the global transition towards clean energy.