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Sterling and Wilson Renewable Energy Ltd.

136.25−8.20 (−5.68%)

BSE · 30 Oct, 4:01 PM

: ₹3,182.00 Cr
: 15.50
: 1,19,035
: ₹143.90 - ₹135.05
: ₹260.55 - ₹135.05

Sterling and Wilson Renewable Energy Ltd. (SWSOLAR) share price closed at ₹136.25 on the BSE on Friday, October 30, 2026, down by 5.68% from its of ₹144.45. In that session SWSOLAR reached a of 143.90 and of 135.05. The for the session was 137.72. The stands at 173.59 and is at 194.80. Looking at , the stock ended the session in Downtrend.

Stock Overview

₹143.90

₹144.45

₹137.72

₹173.59

Price 21.51% below

₹194.80

Price 30.06% below

Key Fundamentals

: 3,182.00 Cr₹3.18 Thousand Crore
: 8.79
: 15.50
: 4.40
: 30.95
: 453.42 Cr₹453.42 Crore
: 0.00 %
Sector
Industry: Engineering - Construction
: -35.85
: 1.80

Industry Comparison

Ratio	Company	Sector
	15.50	15.50
	1.80	0.43
	4.40	1.40
	1.16	1.59
	0.00 %	0.00 %
Operating Margin	4.15 %	11.89 %

Sector figures are the median of 96 listed Infrastructure companies.

Peer Comparison

Name
LARSEN & TOU LT	3,858.00	29.71	5,30,828.43	0.99	5,949.15	27.17%	78,749.94	15.84%	15.98
RVNL RVNL	179.80	41.67	37,488.66	0.39	159.52	18.73%	4,321.23	10.55%	10.81
CEMPRO CEMPRO	1,264.75	38.71	23,324.89	0.24	140.83	2.62%	2,720.92	5.61%	33.53
KPIL KPIL	1,345.00	20.07	22,968.91	0.82	311.53	45.85%	6,407.97	3.84%	18.95
IRB INFRA IRB	15.74	19.92	19,010.77	1.65	306.27	51.26%	2,137.27	1.82%	7.72
ENGINRS.(I) ENGINERSIN	251.65	18.04	14,143.80	1.99	196.68	135.58%	824.20	-10.54%	30.94
TECHNOE TECHNOE	830.00	22.40	9,652.86	0.84	93.33	-31.44%	630.34	19.84%	14.86
Sterling and Wilson Renewable Energy Ltd. SWSOLAR	136.25	15.50	3,182.00	0.00	16.82	103.52%	1,527.50	-12.64%	-5.66

Quarterly Results

consolidated figures in ₹ Crores · Quarterly

Particulars	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
	915.06	1,030.49	1,837.20	2,519.11	1,761.63	1,748.60	2,092.21	1,945.61	1,590.13	1,527.50
Expenses	890.38	1,012.34	1,766.87	2,385.54	1,676.17	1,744.68	2,025.26	1,799.85	1,511.43	1,471.40
	24.68	18.15	70.33	133.57	85.46	3.92	66.95	145.76	78.70	56.10
	2.70%	1.76%	3.83%	5.30%	4.85%	0.22%	3.20%	7.49%	4.95%	3.67%
	12.83	33.96	5.47	-12.66	21.11	-469.05	-12.26	52.93	20.18	14.22
Interest	18.84	28.21	31.34	31.06	29.09	35.55	47.44	41.70	38.92	49.80
	4.01	3.83	3.37	3.13	2.81	2.73	2.86	2.88	3.31	3.69
	14.66	20.07	41.09	86.72	74.67	-503.41	4.39	154.11	56.65	16.83
	67.05%	57.30%	58.29%	36.57%	48.19%	5.12%	64.69%	8.12%	5.97%	0.06%
	4.19	7.05	14.83	55.38	31.97	-473.20	-2.77	134.57	54.22	19.23
	0.18	0.30	0.64	2.37	1.37	-20.27	-0.12	5.76	2.32	0.82

Profit & Loss

consolidated figures in ₹ Crores · Annual

Particulars	FY 2021-22 (Mar)	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
No of Months	12.00	12.00	12.00	12.00	12.00
INCOME :
	5,198.94	2,015.01	3,035.37	6,301.86	7,548.05
	5,198.94	2,015.01	3,035.37	6,301.86	7,548.05
EXPENDITURE :
Raw Material Consumed	2,419.44	1,210.50	1,941.73	4,560.91	4,687.99
Power & Fuel Cost	0.38	0.58	0.85	1.07	0.94
Employee Cost	227.89	247.85	211.27	200.09	180.56
Other Manufacturing Expenses	3,247.95	1,556.31	784.80	1,102.44	2,150.00
General and Administration Expenses	84.61	92.35	84.26	112.15	137.48
Selling and Distribution Expenses	8.86	2.43	0.40	1.57	1.16
Miscellaneous Expenses	112.79	28.59	19.39	59.36	76.74
	6,101.92	3,138.61	3,042.70	6,037.59	7,234.87
Operating Profit (Excl OI)	-902.98	-1,123.60	-7.33	264.27	313.18
	94.70	110.86	85.42	39.60	203.67
	-808.28	-1,012.74	78.09	303.87	516.85
Interest	87.21	151.30	233.76	126.99	164.87
PBDT	-895.49	-1,164.04	-155.67	176.88	351.98
	14.67	14.70	16.65	14.34	11.28
Profit Before Taxation & Exceptional Items	-910.16	-1,178.74	-172.32	162.54	340.70
Exceptional Income / Expenses					-610.94
	-910.16	-1,178.74	-172.32	162.54	-270.24
Provision for Tax	5.60	-3.78	38.47	76.99	25.55
	-915.76	-1,174.96	-210.79	85.55	-295.79
Extra items			0.00	0.00	0.00
Minority Interest	6.30	5.41	-1.13	-4.10	-13.64
Consolidated Net Profit	-909.46	-1,169.55	-211.92	81.45	-309.43
Adjustments to PAT				-0.03
Profit Balance B/F	901.92	-6.14	-1,174.88	-1,388.01	-1,309.89
Appropriations	-7.54	-1,175.69	-1,386.80	-1,306.59	-1,619.32
	-47.94	-61.65	-9.09	3.49	-13.25
Adjusted EPS	-47.94	-61.65	-9.09	3.49	-13.25

Balance Sheet

consolidated figures in ₹ Crores

Particulars	FY 2021-22 (Mar)	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
	18.97	18.97	23.32	23.35	23.35
Share Warrants & Outstandings	3.71	7.05	5.97	2.76	3.94
Total Reserves	894.08	-251.10	939.88	980.95	622.46
Reserve excluding Revaluation Reserve	894.08	-251.10	939.88	980.95	622.46
	916.76	-225.08	969.17	1,007.06	649.75
Minority Interest	-10.93	-15.22	-14.16	-12.54	1.48
Secured Loans		700.00	246.21	523.79	497.42
Deferred Tax Assets / Liabilities	-100.88	-98.11	-63.94	-24.63	-40.62
Other Long Term Liabilities	7.95	11.09	31.35	27.16	18.47
Long Term Provisions	25.46	19.24	22.40	45.70	42.38
Total Non-Current Liabilities	-67.47	632.22	236.02	572.02	517.65
Trade Payables	1,402.86	649.96	1,507.82	2,750.04	2,501.51
Other Current Liabilities	500.84	856.04	1,413.38	1,219.97	1,505.29
Short Term Borrowings	435.06	1,114.95	73.62	29.69	47.39
Short Term Provisions	221.99	79.39	50.72	39.15	53.73
Total Current Liabilities	2,560.75	2,700.34	3,045.54	4,038.85	4,107.92
Total Liabilities	3,399.11	3,092.26	4,236.57	5,605.39	5,276.80
Gross Block	88.25	105.40	132.38	114.16	101.03
Less: Accumulated Depreciation	46.06	61.16	76.17	68.30	59.75
	42.19	44.24	56.21	45.86	41.28
	0.07	0.08
Long Term Loans & Advances	45.48	64.26	32.51	94.60	132.83
Other Non Current Assets	4.00	10.00	26.95	285.94	334.71
Total Non-Current Assets	92.06	118.58	115.67	426.40	508.82
Currents Investments				0.01	0.50
Inventories	3.90	1.57	1.14	2.61	2.11
Sundry Debtors	783.96	790.25	831.69	1,254.03	1,799.27
Cash and Bank	504.04	95.18	339.19	710.94	533.90
Other Current Assets	776.29	1,278.75	1,317.39	1,092.06	801.75
Short Term Loans and Advances	1,238.86	807.93	1,631.49	2,119.34	1,630.45
Total Current Assets	3,307.05	2,973.68	4,120.90	5,178.99	4,767.98
Net Current Assets (Including Current Investments)	746.30	273.34	1,075.36	1,140.14	660.06
Total Assets	3,399.11	3,092.26	4,236.57	5,605.39	5,276.80
	1,194.52	1,208.29	1,050.17	859.53	522.29
Total Debt	435.06	2,014.95	476.66	901.47	1,163.79
	48.13	-12.24	41.30	43.01	27.66
Adjusted Book Value	48.13	-12.24	41.30	43.01	27.66

Cash Flow

consolidated figures in ₹ Crores

Particulars	FY 2021-22 (Mar)	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
No of Months	12.00	12.00	12.00	12.00	12.00
	-910.16	-1,178.74	-172.32	162.54	-270.24
Adjustment	220.38	73.93	177.91	94.16	795.58
Changes In working Capital	-994.31	-708.01	568.16	-95.24	-683.86
Cash Flow after changes in Working Capital	-1,684.09	-1,812.82	573.75	161.46	-158.52
Cash Flow from Operating Activities	-1,689.76	-1,829.21	538.40	37.88	-257.35
Cash Flow from Investing Activities	949.04	-11.78	-4.71	-74.95	-106.74
Cash Flow from Financing Activitie	978.14	1,431.26	-285.96	316.98	102.74
Net Cash Inflow / Outflow	237.42	-409.73	247.73	279.91	-261.35
Opening Cash & Cash Equivalents	219.82	457.51	47.90	295.63	575.46
Effect of Foreign Exchange Fluctuations	0.27	0.12		-0.08
Closing Cash & Cash Equivalent	457.51	47.90	295.63	575.46	314.11

Ratios

Valuation

15.50

4.40

8.40

0.44

8.79

30.95

Profitability

-35.85

-5.66

-5.44

4.15

-3.92

Leverage & Liquidity

1.80

1.16

-0.64

Returns

0.00

1.39

Shareholding Pattern

Numbers in percentages

Particulars	Jun '24	Sep '24	Dec '24	Mar '25	Jun '25	Sep '25	Dec '25	Mar '26	Jun '26	Sep '26
	52.91	45.75	45.73	45.73	45.73	45.72	45.72	45.72	45.72	45.72
	19.15	23.78	20.22	15.94	13.44	10.27	10.17	10.16	9.86	9.08
	27.94	30.47	34.05	38.33	40.83	44.00	44.11	44.12	44.41	45.20
	47.09	54.25	54.27	54.27	54.27	54.28	54.28	54.28	54.28	54.28
No. of Shareholders	2,44,763	2,73,662	3,14,074	3,40,026	3,53,316	3,66,222	3,54,219	3,37,694	3,29,077	3,22,033

Mutual Funds Invested(9)

Based on each fund's latest monthly portfolio · Sep 2026

A total of 2 active funds hold 0.69% in Sterling and Wilson Renewable Energy Ltd., contributing to ₹28 Cr of holdings

Fund				As of
HD HDFC Infrastructure Fund - Growth - Direct PlanInfrastructure	13.93	0.62	8,13,664	Sep '26
HD HDFC Large & Mid Cap Fund - Growth - Direct PlanLarge & Mid Cap	13.69	0.05	8,00,000	Sep '26
MO Motilal Oswal Nifty Microcap 250 Index Fund - Growth - Direct PlanIndex Funds - Other	5.89	0.24	3,43,946	Sep '26
IN Groww Nifty Total Market Index Fund - Growth - Direct PlanIndex Funds - Other	0.04	0.01	2,248	Sep '26
AO Angel One Nifty Total Market Index Fund - Growth - Direct PlanIndex Funds - Other	0.01	0.01	375	Sep '26
MO Motilal Oswal BSE 1000 Index Fund - Growth - Direct PlanIndex Funds - Other	0.01	0.01	372	Sep '26
MI Mirae Asset Nifty Total Market Index Fund - Growth - Direct PlanIndex Funds - Other	0.01	0.01	309	Sep '26
ID Bandhan Nifty Total Market Index Fund - Growth - Direct PlanIndex Funds - Other	0.00	0.01	268	Sep '26
AO Angel One Nifty Total Market ETFIndex	0.00	0.01	261	Sep '26

Corporate Actions

Showing: All

Date	Type	Details
2026-10-08	Board Meeting	Quarterly Results
2026-07-09	Board Meeting	Quarterly Results
2026-04-16	Board Meeting	Audited Results

Insider Trading

Date	Person	Category	Transaction Type	Shares	Value (₹)
2026-07-02	Rajneesh Shrotriya	Market	Sell	17,600

Sector Overview

InfrastructureEngineering - Construction

Sterling and Wilson Renewable Energy Ltd. operates in the Infrastructure sector under the Engineering - Construction industry. This sector is one of the key drivers of the Indian economy and is closely tracked by the relevant Nifty sectoral index.

Company Profile

Corporate information and contact details

Key Management

9 members across the board and senior leadership

Jagannadha Rao Ch V

Company Secretary & Compliance Officer

—

Khurshed Daruvala

Chairman

₹9.85 L

Mar '26

Balanadu Narayan

Non Independent & Non Executive Director

₹4.00 L

Mar '26

Umesh Khanna

Non Independent & Non Executive Director

₹2.85 L

Mar '26

Rukhshana Jina Mistry

Non Executive Independent Director

₹10.35 L

Mar '26

Saurabh Agarwal

Non Independent & Non Executive Director

₹4.00 L

Mar '26

Naina Krishna Murthy

Non Executive Independent Director

₹4.00 L

Mar '26

Cherag Sarosh Balsara

Non Executive Independent Director

₹10.00 L

Mar '26

Rahul Dutt

Non Executive Independent Director

₹3.50 L

Mar '26

SWSOLAR Latest News

News

7 of 7 articles

EQUITY22 Sept 2026 · 15:14

Sterling and Wilson Renewable Energy soars on securing orders worth Rs 985 crore

The company has secured one order in Rajasthan totaling to 534.3 MWp from a leading IPP in India

COMPANY22 Sept 2026 · 14:58

Sterling and Wilson Renewable Energy secures orders worth Rs 985 crore

The company has secured one order in Rajasthan totaling to 534.3 MWp from a leading IPP in India

EQUITY22 Sept 2026 · 09:27

Sterling and Wilson Renewable Energy informs about press release

EQUITY16 Jul 2026 · 14:51

Sterling and Wilson Renewable Energy informs about outcome of board meeting

EQUITY30 Jun 2026 · 16:27

Sterling and Wilson Renewable Energy informs about closure of trading window

COMPANY29 Jun 2026 · 17:21

Sterling and Wilson Renewable Energy secures $560 million solar project in Egypt

Once complete, this 1,000 MWac capacity Solar PV project will become one of Egypt’s largest utility-scale renewable energy developments

EQUITY10 Jun 2026 · 17:04

Sterling and Wilson Renewable Energy informs about newspaper publication

Sterling and Wilson Renewable Energy Ltd.

Stock Overview

Price chart

Peer Comparison

Quarterly Results

Profit & Loss

Balance Sheet

Cash Flow

Ratios

Valuation

Profitability

Leverage & Liquidity

Returns

Shareholding Pattern

Mutual Funds Invested(9)

Corporate Actions

Insider Trading

Sector Overview

Company Profile

Key Management

SWSOLAR Latest News

News