| Management target | Revenue 10.0% FY27 |
|---|
| Revenue growth | Revenue ₹1,527 Cr; down YoY due to international project timing. |
|---|---|
| Margins | EPC margins target 8-10%; O&M gross margins around 20%. |
| Order book | ₹12,481 Cr, up 34% YoY; balanced between India and international. |
| Demand visibility | Strong pipeline; 34 GW solar and significant battery storage opportunities. |
| Management confidence | Balanced; citing project execution experience to justify H2 recovery targets. |
Growth
Domestic EPC revenue rose 13% H1; O&M revenue jumped 48%.
Outlook
Management maintains 10% revenue growth guidance for FY27 despite slow Q2.
Risks
Regulatory shifts to domestic cells and grid curtailment delayed Indian project starts.
Last quarter's promises, checked
Delivered
- UOV target >₹10,000 Cr → delivered ₹12,481 Cr (= BEAT)
- Gross Borrowings reduction → decreased ₹130 Cr (= BEAT)
- O&M Margin target 20% → stabilized at 20% (= BEAT)
Partly delivered
- EPC Gross Margin target 10% → delivered 9.9% (= PARTIAL)
- Working Capital improvement → remains negative but improved collections (= PARTIAL)
Missed
- Quarterly revenue run-rate ₹2,000-2,500 Cr → delivered ₹1,590 Cr (= MISS)
- Revenue growth guidance 15% → delivered -10% YoY (= MISS)
Earnings Call Transcript filed with NSE, NSE: SWSOLAR. Summary written with AI assistance from the document.
Sterling and Wilson Renewable Energy Ltd: key numbers
- Share price
- ₹144.13
- Market cap
- ₹3,366 Cr
- Revenue (annual)
- ₹7,548 Cr
- Net profit (annual)
- ₹-309.4 Cr
- P/E (TTM)
- 16.4×Sector 31.3×
- Promoter holding
- 45.72%+0.00% QoQ
- FII holding
- 3.75%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
All →Sterling and Wilson Renewable Energy Legal & Regulatory
Sterling and Wilson Renewable Energy settled a tax dispute with the Kenya Revenue Authority, reducing the demand to ₹2.66 Crore from an earlier ₹26.50 Crore.
- Value
- ₹2.66 Cr
- From
- Kenya Revenue Authority
Sterling and Wilson Renewable Energy Other Announcement
Sterling and Wilson Renewable Energy Ltd submitted its quarterly shareholding pattern for the period ended September 30, 2026, pursuant to SEBI regulations.
Sterling and Wilson Renewable Energy Legal & Regulatory
Sterling and Wilson's subsidiary filed a legal motion in South Africa to recover Rs. 25.50 Crore from insurance providers after a sub-contractor went into liquidation.
- Value
- ₹25.50 Cr
Sterling and Wilson Renewable Energy Results Update
Sterling and Wilson Renewable Energy Limited released a press release detailing its unaudited financial results for the quarter and half-year ended September 30, 2026.
Sterling and Wilson Renewable Energy Q2 FY27 Results: Turns Profitable, Net Profit ₹16.8 Cr
Sterling and Wilson Renewable Energy Ltd reported revenue from operations of ₹1,528 Cr (-12.6% YoY) and net profit of ₹16.8 Cr for Q2 FY27.
- Key figure
- Net profit ₹16.8 Cr
Sterling and Wilson Renewable Energy Board Meeting Date
Sterling and Wilson Renewable Energy Ltd scheduled a board meeting for October 15, 2026, to consider and approve its quarterly and half-yearly financial results.