Sterling and Wilson Renewable Energy financials

Latest results Q2 FY27 · Jul–Sep 2026
Revenue
₹1,528cr−12.6% on Q2 FY26
Net profit
₹16.8cr−₹478 cr in Q2 FY26
EBITDA margin
3.7%+3.5 pts on Q2 FY26
EPS
₹0.82−₹20.27 in Q2 FY26

Quarterly results

Every quarter ›
₹ croreQ2 FY27Q2 FY26Change
Revenue1,5281,749−12.6%
EBITDA56.13.9+1,331.1%
EBITDA margin3.7%0.2%+3.5 pts
Profit before tax16.8−503—
Net profit16.8−478—
EPS₹0.82−₹20.27—

Over time

Q2 FY27 · Jul–Sep 2026latest
Revenue₹1,528 crNet profit₹16.8 crNet margin1.1%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
3,368————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
93.631557529647.9
−3.81.5−12.5−14.2−15.2
1,1641,1649014772,030
4,434————
7,1557,5486,3023,0352,015
—+19.8%+107.6%+50.6%—
348302247−22.6−1,130
4.9%4.0%3.9%−0.7%−56.1%
335291232−39.2−1,145
213−29685.6−211−1,175
3.0%−3.9%1.4%−6.9%−58.3%
₹8.79−₹13.25₹3.49−₹9.08−₹50.09
—−479.9%+138.4%+81.9%—
—−25740.3602−1,829
—−11.2−4.4−1.0−9.2
−269−26935.9601−1,838
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

SWSOLAR₹144.22

Sterling and Wilson Renewable Energy Ltd.

· Infrastructure
₹ CrorePeersWELENTPOWERMECHPNCINFRAKNRCONHGINFRAHCCDBLASHOKAMcap ₹3,368 Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization————3,367.5
- Cash, Equiv & ST Investments47.9295.6575.5314.693.6
+ Minority Interest-15.2-14.2-12.51.5-3.8
+ Total Debt2,029.6476.7901.51,163.81,163.8
Enterprise Value————4,434.0
Revenue2,015.03,035.46,301.97,548.17,155.5
Growth %, YoY—+50.6+107.6+19.8—
EBITDA-1,130.0-22.6246.7302.1347.5
Margin %-56.08-0.743.924.004.86
EBIT-1,144.7-39.2232.4290.8334.8
Net Income-1,175.0-210.885.6-295.8213.2
Margin %-58.31-6.941.36-3.922.98
EPS, Adj (current shares)-50.09-9.083.49-13.258.79
Growth %, YoY—+81.9+138.4-479.9—
Cash from Operations-1,829.2601.840.3-257.4—
Capital Expenditures-9.2-1.0-4.4-11.2—
Free Cash Flow-1,838.5600.835.9-268.6-268.6
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Sterling and Wilson Renewable Energy financials and key ratios

Prices at the previous close · figures from the company's filings with NSE

Sterling and Wilson Renewable Energy (NSE: SWSOLAR) had a market capitalisation of ₹3,368 crore at the previous close (₹144.22 a share), a PE ratio of 16.4 on the last four quarters' profit and a price-to-book ratio of 4.66. In FY26 its consolidated net loss was ₹309 crore on revenue of ₹7,548 crore; in Q2 FY27 (July–September 2026) it was ₹19.2 crore. Its debt-to-equity ratio was 1.28 on 30 September 2026. Promoters held 45.72% of the shares on 30 September 2026.

Share price used
₹144.22 · previous close
Latest balance sheet
30 September 2026
Shareholding pattern
30 September 2026

Sterling and Wilson Renewable Energy at a glance · consolidated

Market cap
₹3,368 Crat ₹144.22 · previous close
PE ratio (last 4 quarters)
16.4
Price to book (PB)
4.66book value ₹30.95 a share
ROE (FY26)
−37.4%−45.6 pts vs FY25ROCE 20.8%
Debt to equity
1.28net debt ₹629 Cr
Promoter holding
45.72%unchanged vs 30 Jun 202630 September 2026
Net worth
₹723 Cr+53.7% vs 30 Sep 202530 September 2026
Free cash flow (FY26)
−₹269 Cr
EPS (FY26)
−₹13.25

Questions

What is the Sterling and Wilson Renewable Energy PE ratio today?

Sterling and Wilson Renewable Energy's PE ratio is 16.4 at the previous close (₹144.22 a share): a market capitalisation of ₹3,368 crore divided by consolidated net profit attributable to shareholders of ₹205 crore over the last four quarters (Q3 FY26 to Q2 FY27).

Is Sterling and Wilson Renewable Energy debt free?

No. Sterling and Wilson Renewable Energy had borrowings of ₹920 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 1.28. Its cash and current investments were ₹291 crore, so its net debt was ₹629 crore.

What is the Sterling and Wilson Renewable Energy book value per share?

Sterling and Wilson Renewable Energy's book value per share was ₹30.95 on 30 September 2026: shareholders' equity of ₹723 crore divided by the 23.35 crore shares in issue, up 53.7% from ₹20.13 a year earlier. The share price at the previous close was ₹144.22.

What is the Sterling and Wilson Renewable Energy PB ratio (price to book value)?

Sterling and Wilson Renewable Energy's price-to-book (PB) ratio is 4.66 at the previous close: a market capitalisation of ₹3,368 crore divided by shareholders' equity (book value) of ₹723 crore on 30 September 2026. That is a book value of ₹30.95 per share against a share price of ₹144.22.

What is the Sterling and Wilson Renewable Energy net worth?

Sterling and Wilson Renewable Energy's net worth — shareholders' equity in its consolidated balance sheet — was ₹723 crore on 30 September 2026, up 53.7% from ₹470 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹3,368 crore at the previous close.

What is the Sterling and Wilson Renewable Energy free cash flow?

In FY26, Sterling and Wilson Renewable Energy generated ₹257 crore of cash from operations and spent ₹11.2 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹269 crore. In FY25 it was ₹35.9 crore.

What is the Sterling and Wilson Renewable Energy market cap?

Sterling and Wilson Renewable Energy's market capitalisation was ₹3,368 crore at the previous close: 23.35 crore shares at ₹144.22 each.

What is the Sterling and Wilson Renewable Energy debt to equity ratio?

Sterling and Wilson Renewable Energy's debt-to-equity ratio was 1.28 on 30 September 2026: borrowings of ₹920 crore against total equity of ₹719 crore. A year earlier, on 30 September 2025, it was 2.60.

What is the Sterling and Wilson Renewable Energy EPS?

Sterling and Wilson Renewable Energy's basic earnings per share (EPS) were −₹13.25 in FY26. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹8.78.

What is the Sterling and Wilson Renewable Energy ROE and ROCE?

In FY26, Sterling and Wilson Renewable Energy's return on equity (ROE) was −37.4% and its return on capital employed (ROCE) was 20.8%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 8.2% and ROCE 16.3%.

What is the Sterling and Wilson Renewable Energy shareholding pattern?

On 30 September 2026, Sterling and Wilson Renewable Energy's shares were held by promoters 45.72%, foreign portfolio investors (FII/FPI) 3.75%, domestic institutions (DII) 5.33% (including mutual funds at 0.84%) and retail and other non-institutional investors 45.20%. Over the year, FII holding was down 3.35 percentage points from 7.10% and DII holding was up 2.16 percentage points from 3.17%.

Sterling and Wilson Renewable Energy vs Welspun Enterprises: how do they compare?

In FY26, Sterling and Wilson Renewable Energy earned net profit attributable to shareholders of ₹309 crore on revenue of ₹7,548 crore, against ₹350 crore on ₹3,615 crore for Welspun Enterprises. Sterling and Wilson Renewable Energy's operating margin was 3.9% (Welspun Enterprises 19.3%) and its return on equity −37.4% (Welspun Enterprises 12.5%).

What is the Sterling and Wilson Renewable Energy promoter holding?

Promoters held 45.72% of Sterling and Wilson Renewable Energy on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.

What is the Sterling and Wilson Renewable Energy revenue and profit in FY26?

In FY26 (April 2025–March 2026), Sterling and Wilson Renewable Energy's consolidated net loss was ₹309 crore, against a profit of ₹81.5 crore in FY25, on revenue from operations of ₹7,548 crore (up 19.8%).

When are the Sterling and Wilson Renewable Energy next results?

Sterling and Wilson Renewable Energy has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.

What are the Sterling and Wilson Renewable Energy latest quarterly results?

Sterling and Wilson Renewable Energy's latest results are for Q2 FY27 (July–September 2026), filed on 15 October 2026: consolidated net profit attributable to shareholders ₹19.2 crore, against a loss of ₹473 crore in Q2 FY26; revenue from operations ₹1,528 crore, down 12.6% year on year.

How does Sterling and Wilson Renewable Energy compare with its peers?

On FY26 consolidated figures, against Welspun Enterprises, Power Mech Projects and PNC Infratech: Sterling and Wilson Renewable Energy's operating margin of 3.9% is the lowest of the four (Welspun Enterprises 19.3%, Power Mech Projects 10.4%, PNC Infratech 18.9%; peer average 16.2%); its return on equity of −37.4% is the lowest of the four (Welspun Enterprises 12.5%, Power Mech Projects 15.6%, PNC Infratech 13.0%; peer average 13.7%); its revenue growth over three years of 55.3% a year is the highest of the four (Welspun Enterprises 9.4% a year, Power Mech Projects 19.0% a year, PNC Infratech −12.3% a year; peer average 5.4% a year).

Where do these Sterling and Wilson Renewable Energy figures come from?

From Sterling and Wilson Renewable Energy's own consolidated results, balance sheets and shareholding patterns filed with NSE. Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.