Market closed · data as of 27 Aug 2026 · source NSE via Alphave. Open the live chart →
Sterling and Wilson Renewable Energy is a solar EPC (engineering, procurement, construction) company executing utility-scale solar, hybrid and battery-storage projects in India and select international markets, plus an operations & maintenance portfolio. It is part of the Shapoorji Pallonji group with Reliance Industries as a significant shareholder. Revenue is order-book driven and lumpy, tied to utility solar capex cycles; legacy loss-making international projects have weighed on past earnings.
It is among India's largest solar EPC players by cumulative capacity executed.
Sterling and Wilson Renewable Energy Ltd. is a constituent of NIFTY MICROCAP 250. See where it sits on the market heatmap →
Consolidated annual figures taken from Sterling and Wilson Renewable Energy Ltd.'s own filed statements — not estimates, and not restated by us. The most recent period shown is FY26 (year ended 31 Mar 2026).
| Metric | FY26 | FY25 | FY24 |
|---|---|---|---|
| EPS (basic, ₹) | -13.25 | 3.49 | -10.40 |
| Book value / share (₹) | 27.89 | 42.59 | 40.95 |
| Return on equity | -47.5% | 8.2% | -22.2% |
| Return on capital employed | 24.0% | 14.6% | -3.1% |
| Operating margin | 3.9% | 3.7% | -1.3% |
| Net margin | -3.9% | 1.4% | -6.9% |
| EBITDA | ₹302 Cr | ₹247 Cr | ₹-23 Cr |
| Free cash flow | ₹-269 Cr | ₹36 Cr | ₹601 Cr |
| Total debt | ₹1,164 Cr | ₹901 Cr | ₹477 Cr |
| Debt to equity | 1.79 | 0.91 | 0.50 |
| Interest coverage | 1.9 | 2.1 | -0.2 |
| Current ratio | 1.16 | 1.28 | 1.35 |
| Shares outstanding | 23,35,00,000 | 23,35,00,000 | 23,32,00,000 |
Open the full income statement, balance sheet and cash flow for SWSOLAR →
As disclosed for the quarter ended 30 Jun 2026.
Institutional ownership changes quarter to quarter. See daily FII and DII flows across the market →
Companies Alphave classifies in the same sub-sector, closest by market capitalisation.