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Earnings Call

Sterling and Wilson Renewable Energy Earnings Call: Key Takeaways

SWSOLAR achieved record FY26 revenue of ₹7,548cr and Q4 PAT of ₹142cr. Management reports record order inflows of ₹10,062cr and an unexecuted order book of ₹11,813cr, focusing on domestic EPC and BESS.

Why this was an Alfa AlertNot a filter event. Company met or slightly exceeded conservative 15% inflow growth target but did not meet all beat criteria.
Highlights
Revenue growth20% YoY for FY26.
MarginsEPC 8-10%; O&M 20% steady state.
Order bookRecord ₹11,813cr; 78% domestic projects.
Demand visibilityStrong; bid pipeline of 31 GW (27 GW in India).
Management confidenceHigh; citing record order book and market leadership.

Growth

FY26 revenue grew 20% YoY to ₹7,548cr; order inflows surged 43% YoY to ₹10,062cr.

Outlook

Guided 15% revenue growth for FY27; EPC margins targeted at 8-10% and O&M at 20%.

Risks

Commodity price volatility, geopolitical tensions, and U.S. litigation (₹200cr worst-case exposure) remain key headwinds.

Source

Earnings Call filed with NSE, NSE: SWSOLAR. Summary written with AI assistance from the document.

Read the document ↗

Sterling and Wilson Renewable Energy Ltd: key numbers

Share price
₹176.65
Market cap
₹4,126 Cr
Revenue (annual)
₹7,548 Cr
Net profit (annual)
₹-309.4 Cr
P/E (TTM)
-14.4×Sector 33.0×
Promoter holding
45.72%+0.00% QoQ
FII holding
5.07%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Sterling and Wilson Renewable Energy Ltd

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16:54 IST BSE
Legal & Regulatory

Sterling and Wilson Renewable Energy Legal & Regulatory

The GST authority in Jaipur issued an order imposing a tax demand and penalty of approximately ₹13.86 Crore each on the Company.

Value
₹13.86 Cr
12:15 IST BSE
Legal & Regulatory

Sterling and Wilson Renewable Energy Legal & Regulatory

CGST Jaipur demanded ₹27.72 Cr tax and penalty from Sterling and Wilson for Nov 2020 to Nov 2021. Company states demand is largely covered by promoter indemnity.

Value
₹27.72 Cr
08:42 IST NSE
New Order Win

Sterling and Wilson Renewable Energy Bags ₹985 Cr Order

Sterling and Wilson Renewable Energy secured domestic and international orders totaling over INR 985 Crore. The wins include a 534.3 MWp solar order and 616 MWh storage projects.

Value
₹985.0 Cr
solar capacity
534.3 MWp
19:40 IST NSE
Legal & Regulatory

Sterling and Wilson Renewable Energy Legal & Regulatory

Sterling and Wilson's subsidiary, SWSS, has initiated a new arbitration against OEG Inc. regarding undetermined counterclaims. A three-member arbitration panel has been constituted.