SWSOLAR · NSE

Sterling and Wilson Renewable Energy Limited

₹176.06

-1.76% (-₹3.16)

Prev. close

₹179.22

Volume

12,09,329

Delivery %

61.5%

As of

18 Sept 2026

Price history

₹176.06-₹23.47 (-11.76%) · 3M
10 Jun 202618 Sept 2026
₹249.15₹174.310 Jun03 Jul03 Aug26 Aug18 Sept
Daily closes · updates after each session

Analyst sentiment

Analysts lean bullish

1 analyst stance · last 90 days · one per analyst

Trackable

1 · 1 bull / 0 neutral / 0 bear

Long-Horizon

none in window

Commentary

none in window

Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded

Bullish 100% (1)Neutral 0% (0)Bearish 0% (0)
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Analyst opinions

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Fundamentals

About Sterling and Wilson Renewable Energy Limited

Sterling and Wilson Renewable Energy Limited provides renewable engineering, procurement, and construction (EPC) services in India, Europe, the Middle East, North Africa, rest of Africa, the United States, Latin America, and Australia. It operates through two segments, EPC Business; and Operations and Maintenance (O&M) Service. The company offers design and engineering; construction, installation, testing, commissioning, grid integration, and long-term O&M; solar plus storage solutions; and project management and planning, maintenance manual development, anchoring and mooring, issuance of design book module, equipment installation, and bathymetric and geotechnical assessment studies for utility-scale and floating solar, hybrid, energy storage, battery energy storage systems. It also engages in the import, export, and trading of solar modules, structures, invertors, and related accessories; installation and maintenance of renewable energy power generating facilities; and setting up of power plants, solar energy systems, renewable energy systems, and hybrid energy systems and energy storage plants for power generation. In addition, the company provides O&M and asset management solutions to EPC projects and third-party clients. It serves independent power producers, developers, and equity funds. The company was formerly known as Sterling and Wilson Solar Limited and changed its name to Sterling and Wilson Renewable Energy Limited in November 2021. Sterling and Wilson Renewable Energy Limited was founded in 2011 and is based in Mumbai, India.

Details

Sector

Technology

Industry

Solar

CEO

Mr. Chandra Kishore Thakur

Headquarters

Mumbai

Employees

1,208

Key stats

Market cap

₹4,111.73 Cr

EPS (TTM)

₹-12.29

Beta (1Y · daily vs NIFTY 50)

1.83

Beta (5Y · monthly vs NIFTY 50)

1.87

Shares float

12.42 Cr

EPS · quarter ended Jun 2026

₹2.32

Financial Performance

01 · Financials

-5000 Cr0 Cr5000 Cr10000 Cr-100%0%100%200%FY21FY22FY23FY24FY25FY26
RevenueNet incomeEBITDARevenue growth YoY

FY21 growth needs FY20 filings, which the data source doesn't provide.

02 · Earnings Per Share (EPS)

-100-50050FY21FY22FY23FY24FY25FY26

03 · Dividend Profile

02460%1%2%3%4%24 Feb 20
Dividend (₹/share)Annualised yield

Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.

04 · Operating Efficiency (Growth Rates)

Balance-sheet-based · pre-FY23 not filed in verifiable form

-100%0%100%200%FY21FY22FY23FY24FY25FY26
SalesFixed assetsTrade receivablesInventory

05 · Capital Structure & Asset Utilization

Pre-FY23 not filed in verifiable form

0 Cr2000 Cr4000 Cr6000 Cr0.5×1.5×FY23FY24FY25FY26
Total assetsTotal debtDebt / equityAsset turnover

Debt/equity omitted where reported equity was zero or negative. Asset turnover needs a prior year of assets — omitted for the earliest available year.

06 · Asset Base Composition

Pre-FY23 not filed in verifiable form

0 Cr2000 Cr4000 Cr6000 CrFY21FY22FY23FY24FY25FY26
Fixed assetsCurrent assetsOther assets

07 · Debt Level & Coverage

Pre-FY23 not filed in verifiable form

-2000 Cr0 Cr2000 Cr4000 CrFY21FY22FY23FY24FY25FY26
DebtFree cash flowCash & equivalents

08 · Profit & Loss

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹5,080.80 Cr₹5,198.94 Cr₹2,015.01 Cr₹3,035.37 Cr₹6,301.86 Cr₹7,548.05 Cr
EBITDA₹-230.44 Cr₹-818.78 Cr₹-1,019.13 Cr₹47.64 Cr₹271.17 Cr₹-115.62 Cr
₹-285.38 Cr₹-909.46 Cr₹-1,169.55 Cr₹-211.92 Cr₹81.45 Cr₹-309.43 Cr
Diluted EPS₹-17.8₹-54.21₹-61.65₹-10.39₹3.49₹-13.25

09 · Balance Sheet

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹3,190.37 Cr₹4,300.51 Cr₹5,630.02 Cr₹5,317.42 Cr
₹2,029.61 Cr₹515.68 Cr₹936.31 Cr₹1,191.43 Cr
Stockholders' equity₹-225.08 Cr₹969.17 Cr₹1,007.06 Cr₹649.75 Cr

Total assets, Current assets, Inventory, Trade receivables, Cash & equivalents, Non-current assets, Fixed assets, CWIP, Others, Total debt, Long-term debt, Current (short-term) debt, Stockholders' equity have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.

10 · Cash Flow Statement

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹200.98 Cr₹-1,689.76 Cr₹-1,829.21 Cr₹538.40 Cr₹37.88 Cr₹-257.35 Cr
Investing cash flow₹409.21 Cr₹949.04 Cr₹-11.78 Cr₹-4.71 Cr₹-74.95 Cr₹-106.74 Cr
₹-853.25 Cr₹978.14 Cr₹1,431.26 Cr₹-285.95 Cr₹316.98 Cr₹102.74 Cr
Capital expenditure₹-16.45 Cr₹-13.23 Cr₹-9.24 Cr₹-1.01 Cr₹-4.35 Cr₹-11.22 Cr
End cash position₹219.82 Cr₹457.51 Cr₹47.90 Cr₹295.63 Cr₹575.46 Cr₹314.11 Cr

Debt issued, Debt repaid have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

Annual only — the data source has no quarterly cash-flow-statement coverage.

11 · Shareholding Pattern

NSE, quarterly

Line itemSep 21Dec 21Dec 21(2Q)Mar 22Jun 22(2Q)Sep 22Dec 22Mar 23(2Q)Jun 23Sep 23Dec 23Dec 23Mar 24Jun 24Sep 24Dec 24Jun 25(3Q)Sep 25Jun 26(4Q)
Promoter69.36%74.10%78.56%76.69%72.73%69.04%67.56%54.79%52.98%52.94%52.91%45.75%45.73%45.72%
Public30.64%25.90%21.44%23.31%27.27%30.96%32.44%45.21%47.02%47.06%47.09%54.25%54.27%54.28%
Employee trusts0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.

12 · Peer Comparison

Technology

Company
Tata Consultancy Services Limited₹7.92 L Cr₹2,10515.97.3945.9%0.11+4.6%-33.7%
Infosys Limited₹4.20 L Cr₹1,037.713.533.9%0.10+4.6%-31.2%
HCL Technologies Limited₹3.40 L Cr₹1,249.319.54.5322.1%0.07+11.2%-16.4%
Wipro Limited₹1.65 L Cr₹166.413.51.8614.9%0.23+4.0%-34.5%
Tech Mahindra Limited₹1.38 L Cr₹1,537.127.04.6716.2%0.07+7.2%-0.9%
LTM Limited₹1.26 L Cr₹4,275.124.25.2620.9%0.10+11.3%
One 97 Communications Limited₹1.13 L Cr₹1,849.9175.97.053.5%0.01+21.5%+50.5%
LG Electronics India Limited₹1.11 L Cr₹1,652.960.614.4222.0%0.06+1.3%
Oracle Financial Services Software Limited₹1.01 L Cr₹11,89629.712.9333.7%0.00+12.1%+29.7%
Persistent Systems Limited₹85,505.25 Cr₹5,41644.710.9123.8%0.06+23.5%-2.7%
Dixon Technologies (India) Limited₹80,805.72 Cr₹13,00543.317.2830.8%0.21+25.8%-29.1%
Sterling and Wilson Renewable Energy Limited₹4,185.53 Cr₹176.066.44-47.6%1.83+19.8%-34.0%

Ranked by market cap within Technology, same metrics as the Fundamentals screener. Click a column to sort.

Documents

Index membership

3 indices

Weight is a free-float market-cap-share estimate from NSE’s live index data, not NSE’s own published (and sometimes capped) index weight. Indices without a live weight feed are listed without one, in alphabetical order after the weighted ones.

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