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Sterling and Wilson Renewable Energy Ltd

SWSOLAR Share Price

197.002.08% (+4.02)
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With a market cap of ₹4,506 cr, stock is ranked 816

Stock is 3.82x as volatile as Nifty

SWSOLAR Stock Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

Avg

Average profitability - not good, not bad

Entry point

Good

The stock is underpriced and is not in the overbought zone

Red flags

Avg

The stock has a moderate number of red flags

How to use scorecard? Learn more

With a market cap of ₹4,506 cr, stock is ranked 816

Stock is 3.82x as volatile as Nifty

SWSOLAR Performance & Key Metrics

SWSOLAR Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
-11.604.53
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
41.416.080.67%

SWSOLAR Analyst Ratings & Forecast

Detailed Forecast Detailed Forecast 
100%
Analysts have suggested that investors can buy this stock

from 2 analysts

Price Upside

Earnings Growth

Rev. Growth

See Detailed Forecast

SWSOLAR Company Profile

Sterling and Wilson Solar is an end-to-end solar engineering, procurement and construction (EPC) solutions provider. The Company provides EPC services with a focus on project design, engineering and management. It also provide O&M services.

Investor Presentation

View older View older 

Jan 15, 2026

PDF
View Older Presentations

SWSOLAR Similar Stocks (Peers)

Compare with peers Compare with peers 

SWSOLAR Similar Stocks (Peers)

Compare with peers Compare with peers 
PE Ratio
47.79
47.79
1Y Return
32.90%
32.90%
Buy Reco %
80.00
80.00
PE Ratio
32.54
32.54
1Y Return
12.79%
12.79%
Buy Reco %
100.00
100.00
PE Ratio
38.54
38.54
1Y Return
6.37%
6.37%
Buy Reco %
100.00
100.00
PE Ratio
113.81
113.81
1Y Return
3.25%
3.25%
Buy Reco %
100.00
100.00
PE Ratio
55.66
55.66
1Y Return
39.74%
39.74%
Buy Reco %
50.00
50.00
Compare with Peers

SWSOLAR Sentiment Analysis

SWSOLAR Sentiment Analysis

New
Crisp summary & key insights to decode earnings calls instantly

SWSOLAR Stock Summary · January 2026

In Q3 FY26, the company achieved record revenue driven by robust order inflows, raising its fiscal year guidance to over INR 11,000 crores, reflecting a year-on-year growth of over 60%. However, challenges emerged as gross margins declined due to exceptional legal costs and operational issues, leading to a negative profit after tax for the quarter. Despite these setbacks, management remains optimistic about future performance, projecting stable margins between 8% to 10% and a growth rate of 15% to 20% for the fiscal year. The strategic focus on both domestic and international projects, alongside a strong order pipeline, positions the company well to navigate market volatility and capitalize on the growing demand for renewable energy.

SWSOLAR Stock Growth Drivers
SWSOLAR Stock Growth Drivers
6
  • Significant Order Achievements

    The company has secured a total of INR 6,929 crores in new orders for the

  • Strategic Partnerships and Market Positioning

    The company has established a multiyear strategic partnership with Adani Green Energy, aimed at enhancing

SWSOLAR Stock Challenges
SWSOLAR Stock Challenges
4
  • Declining Margins and Financial Performance

    The company has reported a decline in gross margins, which fell to around 9% despite

  • Operational Challenges and Risks

    The company has faced operational challenges due to the failure of certain panels in an

SWSOLAR Forecast

SWSOLAR Forecasts

Price

Revenue

Earnings

SWSOLAR

SWSOLAR

Income

Balance Sheet

Cash Flow

SWSOLAR Income Statement

SWSOLAR Income Statement

Industry refers to the sub-sector this company belongs to.
Lower than Industry Revenue Growth
A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 1.53%, vs industry avg of 24.45%

Decreasing Market Share
Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 42.08% to 13.59%

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Financial YearFY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024FY 2025TTM
Total Revenue6,884.428,449.945,878.785,239.295,293.642,125.873,120.796,341.468,259.63
Raw Materialssubtract5,373.450.000.000.000.000.000.000.008,442.59
Power & Fuel Costsubtract1.120.891.900.790.380.580.851.07
Employee Costsubtract98.62177.89240.27208.48227.89247.85211.27200.09
Selling & Administrative Expensessubtract75.14107.34102.8690.6899.6088.6881.65107.48
Operating & Other expensessubtract781.437,296.774,901.335,157.905,774.052,801.502,748.935,728.95
Depreciation/Amortizationsubtract3.177.8014.2316.5114.6714.7016.6514.3411.53
Interest & Other Itemssubtract22.82100.07219.69104.9787.21151.30233.76126.99143.14
Taxes & Other Itemssubtract76.50120.1888.44-54.66-0.70-9.1939.6081.0950.99
EPS28.2039.8519.34-17.80-51.96-61.65-10.023.49-16.64
DPS0.000.006.000.000.000.000.000.000.00
Payout ratio0.000.000.310.000.000.000.000.000.00

SWSOLAR Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2026FY 2026

Annual Report Pending

Investor Presentation

Jan 15PDF
Oct 17PDF
Jul 17PDF
FY 2025FY 2025

Annual report

PDF

Investor Presentation

Apr 24PDF
Jan 16PDF
Oct 14PDF
FY 2024FY 2024

Annual report

PDF

Investor Presentation

Jul 13PDF
FY 2023FY 2023

Annual report

PDF

Investor Presentation

Jan 19PDF
Oct 13PDF
Jul 13PDF
FY 2022FY 2022

Annual report

PDF
FY 2021FY 2021

Annual report

PDF
FY 2020FY 2020

Annual report

PDF
 

SWSOLAR Stock Peers

SWSOLAR Past Performance & Peer Comparison

SWSOLAR Past Performance & Peer Comparison

Comparing 3 stocks from 
IndustrialsRenewable Energy Equipment & Services

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Sterling and Wilson Renewable Energy Ltd55.334.53
Waaree Energies Ltd47.799.30
Suzlon Energy Ltd32.5411.04
Emmvee Photovoltaic Power Ltd38.5426.49

SWSOLAR Stock Price Comparison

Compare SWSOLAR with any stock or ETF
Compare SWSOLAR with any stock or ETF
SWSOLAR
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SWSOLAR Holdings

SWSOLAR Shareholdings

SWSOLAR Promoter Holdings Trend

SWSOLAR Promoter Holdings Trend

Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

SWSOLAR Institutional Holdings Trend

SWSOLAR Institutional Holdings Trend

Total Retail Holding
Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding
Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

SWSOLAR Shareholding Pattern

SWSOLAR Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding45.72%0.53%2.44%7.19%44.11%

Mar 2025

Jun 2025

Sep 2025

Dec 2025

SWSOLAR Shareholding History

SWSOLAR Shareholding History

SepDec '24MarJunSepDec '2514.08%10.40%8.44%8.42%7.10%7.19%

Mutual Funds Invested in SWSOLAR

Mutual Funds Invested in SWSOLAR

No mutual funds holding trends are available

Top 5 Mutual Funds holding Sterling and Wilson Renewable Energy Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
0.3802%0.06%-0.01%200/237 (-6)
0.2079%0.36%-0.04%221/255 (-86)
0.0010%0.01%-0.00%359/759 (+20)

Compare 3-month MF holding change on Screener

SWSOLAR Insider Trades & Bulk Stock Deals

SWSOLAR Insider Trades & Bulk Stock Deals

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smallcases containing SWSOLAR stock

smallcases containing SWSOLAR stock

Looks like this stock is not in any smallcase yet.

SWSOLAR Events

SWSOLAR Events

SWSOLAR Dividend Trend

No Dividends
Dividends are the portion of earnings that a company distributes to all its shareholders every year

SWSOLAR has not given any dividends in last 5 years

Dividends

Corp. Actions

Announcements

Legal Orders

SWSOLAR Dividend Trend

No Dividends
Dividends are the portion of earnings that a company distributes to all its shareholders every year

SWSOLAR has not given any dividends in last 5 years

SWSOLAR Upcoming Dividends

SWSOLAR Upcoming Dividends

No upcoming dividends are available

SWSOLAR Past Dividends

SWSOLAR Past Dividends

Cash Dividend

Ex DateEx DateFeb 24, 2020

Interim
Interim | Div/Share: ₹6.00

Dividend/Share

6.00

Ex DateEx Date

Feb 24, 2020

SWSOLAR Stock News & Opinions

SWSOLAR Stock News & Opinions

Spotlight
Sterling and Wilson Renewable clocks PAT of Rs 2 crore in Q3; raises orderbook guidance to Rs 11,000 crore

The company has, however, seen a significant sequential recovery, moving back into the black from a net loss of Rs 478 crore recorded in Q2 FY26. Revenue from operations rose by 13.9% YoY to Rs 2,092 crore during the period under review. EBITDA declined by 30.1% to Rs 51 crore in Q3 FY26 from Rs 73 crore recorded in Q3 FY25. EBITDA margin for Q3 FY26 was 2.4% as against 4.0% in Q3 FY25. Profit before tax in Q3 FY26 stood at Rs 5 crore, which is significantly lower as compared with the pre-tax profit of Rs 41 crore recorded in Q3 FY25. During Q3 FY26, the company signed a 5-year framework agreement with Adani Green, and also secured its first BOS order from them. SWREL also secured its second South African order worth USD 147 million during the quarter, while also adding two more Indian RE projects including a pure BESS order from a leading Indian IPP. The company further said that its new order inflow have been very strong this fiscal, touching Rs 6,929 crore during 9M FY26. The company has revised its new order inflow guidance for Fiscal 2026 to more than Rs 11,000 crore (up 60% YoY) on the back of continued ordering momentum. C. K. Thakur, Global CEO, Sterling and Wilson Renewable Energy Group, said: 'SWREL has delivered robust revenue growth displaying our strong execution skills in the domestic segment. The marquee order from Adani Green and signing a strategic 5-year framework agreement with them is an important milestone reflecting the strong faith placed in our company's execution by globally renowned RE developers. Furthermore, our continued order inflows and growing opportunities across domestic and international markets underscore the strong potential of our business, reinforcing SWREL's visibility and quality of its growth pipeline.' Sterling and Wilson Renewable Energy (SWREL) is a global pure-play, end-to-end renewable engineering, procurement, and construction (EPC) solutions provider. The company provides EPC services for utility-scale solar, floating solar, hybrid & energy storage and wind solutions and has a total portfolio of over 26.1 GWp. SWREL also manages an operation and maintenance (O&M) portfolio of 10.1 GWp solar power projects. The scrip zoomed 9.74% to currently trade at Rs 217.45 on the BSE. Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Spotlight
Sterling & Wilson Renewable Energy Ltd leads gainers in 'A' group

IFCI Ltd, Patel Engineering Ltd, Indiamart Intermesh Ltd and Angel One Ltd are among the other gainers in the BSE's 'A' group today, 16 January 2026.Sterling & Wilson Renewable Energy Ltd surged 10.07% to Rs 218.1 at 11:46 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 7.18 lakh shares were traded on the counter so far as against the average daily volumes of 88452 shares in the past one month. IFCI Ltd soared 9.94% to Rs 61.71. The stock was the second biggest gainer in 'A' group. On the BSE, 124.49 lakh shares were traded on the counter so far as against the average daily volumes of 39.14 lakh shares in the past one month. Patel Engineering Ltd spiked 9.52% to Rs 30.04. The stock was the third biggest gainer in 'A' group. On the BSE, 51.37 lakh shares were traded on the counter so far as against the average daily volumes of 5.52 lakh shares in the past one month. Indiamart Intermesh Ltd exploded 8.46% to Rs 2293.05. The stock was the fourth biggest gainer in 'A' group. On the BSE, 29671 shares were traded on the counter so far as against the average daily volumes of 76726 shares in the past one month. Angel One Ltd jumped 8.19% to Rs 2732. The stock was the fifth biggest gainer in 'A' group. On the BSE, 1.55 lakh shares were traded on the counter so far as against the average daily volumes of 34856 shares in the past one month. Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Earnings
Sterling & Wilson Renewable Energy reports consolidated net loss of Rs 2.77 crore in the December 2025 quarter

Net loss of Sterling & Wilson Renewable Energy reported to Rs 2.77 crore in the quarter ended December 2025 as against net profit of Rs 14.83 crore during the previous quarter ended December 2024. Sales rose 13.88% to Rs 2092.21 crore in the quarter ended December 2025 as against Rs 1837.20 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales2092.211837.20 14 OPM %3.203.83 - PBDT38.0944.46 -14 PBT35.2341.09 -14 NP-2.7714.83 PL Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Corporate
Sterling & Wilson Renewable Energy announces change in senior management

The board of Sterling & Wilson Renewable Energy at its meeting held on 15 January 2026 has approved the appointment of Rajesh Mittal as the Senior Vice President - Information Technology and Senior Management Personnel of the Company w.e.f 20 January 2026. Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Corporate
Sterling & Wilson Renewable Energy to discuss results

Sterling & Wilson Renewable Energy will hold a meeting of the Board of Directors of the Company on 15 January 2026.Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Corporate
SWSOLAR announces strategic 5-year partnership framework agreement with Adani Green

Sterling and Wilson Renewable Energy announced that the company has signed a 5-year Strategic Partnership Framework Agreement, and received its first PO from Adani Green Energy. This prestigious order is for a Balance of System (BOS) package for three Solar Power Projects at one of the World's largest RE projects at Khavda Renewable Energy Park, Gujarat. This order involves supply of goods and onsite services with total order valued at approximately Rs 1,381 crore excluding taxes. SWREL is currently executing ~6 GW in the Khavda region with ~5 GW scheduled to be completed in this fiscal. With this project of 1 GW, SWREL continues to maintain a dominant position in the Gujarat region.Powered by Capital Market - Live

2 months agoCapital Market - Live
Spotlight
Sterling and Wilson Renewable rises on securing $147-million solar PV order in South Africa

With this latest win, SWREL is currently executing four turnkey Solar PV projects in South Africa with reputed developers. The two projects awarded last fiscal have shown strong operational progress, establishing the company's presence in the market, while the two new projects secured in the past two months further strengthen its position in the region. The Solar PV market in South Africa continues to expand, driven by corporate demand for energy security, declining costs, and grid stability. Commenting on the development, Chandra Kishore Thakur, Global CEO of SWREL, said, 'We are very excited to announce our second international order from South Africa this fiscal within a span of two months. South Africa remains a key international market for us, where we are currently implementing four PV projects with reputed customers, reflecting our strong value proposition. With this order, SWREL has achieved Rs 5,088 crore of order inflows this fiscal, and the ordering momentum continues to remain robust.' Sterling and Wilson Renewable Energy (SWREL) is a global pure-play, end-to-end renewable engineering, procurement, and construction (EPC) solutions provider. The company provides EPC services for utility-scale solar, floating solar, hybrid & energy storage and wind solutions and has a total portfolio of over 24.4 GWp (including projects commissioned and under various stages of construction). SWREL also manages an operation and maintenance (O&M) portfolio of 9.1 GWp solar power projects, including for projects constructed by third parties. The company reported a consolidated net profit of Rs 106.90 crore in Q2 FY26, steeply higher than Rs 7.05 crore posted in Q2 FY25. Revenue from operations jumped 69.7% to Rs 1,748.60 crore in Q2 FY26 over Q2 FY25. Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
SWSOLAR bags solar PV project in South Africa worth Rs 1,313 cr

Sterling & Wilson Renewable Energy (SWREL) announced that it has won its second international project from South Africa this fiscal. The company has been awarded a turnkey EPC contract for a 240 MW AC Solar PV project in South Africa. The total value of the contract is approximately USD 147 million ( Rs 1,313 crore). With this new order, SWREL is currently implementing four turnkey Solar PV projects with four reputed developers in the South African market. The two ongoing projects bagged last fiscal have made strong operational progress and helped establish our presence in the market, while the two new projects bagged in the last two months significantly bolster our presence in the region. The Solar PV market in South Africa is witnessing strong growth due to corporate demand for energy security, declining costs, and grid stability. Powered by Capital Market - Live

2 months agoCapital Market - Live
Spotlight
Sterling & Wilson Renewable Energy Ltd leads gainers in 'A' group

Medplus Health Services Ltd, Strides Pharma Science Ltd, Schaeffler India Ltd and Gravita India Ltd are among the other gainers in the BSE's 'A' group today, 03 November 2025.Sterling & Wilson Renewable Energy Ltd soared 9.66% to Rs 241.15 at 11:46 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 11.04 lakh shares were traded on the counter so far as against the average daily volumes of 2.5 lakh shares in the past one month. Medplus Health Services Ltd spiked 9.20% to Rs 833.1. The stock was the second biggest gainer in 'A' group. On the BSE, 3.88 lakh shares were traded on the counter so far as against the average daily volumes of 2753 shares in the past one month. Strides Pharma Science Ltd surged 8.37% to Rs 1013.95. The stock was the third biggest gainer in 'A' group. On the BSE, 2.38 lakh shares were traded on the counter so far as against the average daily volumes of 51635 shares in the past one month. Schaeffler India Ltd exploded 7.91% to Rs 4334.75. The stock was the fourth biggest gainer in 'A' group. On the BSE, 13128 shares were traded on the counter so far as against the average daily volumes of 6012 shares in the past one month. Gravita India Ltd spurt 7.37% to Rs 1790.95. The stock was the fifth biggest gainer in 'A' group. On the BSE, 1.36 lakh shares were traded on the counter so far as against the average daily volumes of 22037 shares in the past one month. Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
Sterling & Wilson Renewable Energy bags three project worth Rs 1,772 cr

Sterling & Wilson Renewable Energy has bagged three new projects. The company has been declared L1 for Engineering, Procurement and Construction of a 363 MWp DC PV plant for a PV project in Rajasthan, India. The company also been declared L1 for Engineering, Procurement and Construction of a 580 MWp DC PV plant for a PV project in Uttar Pradesh, India. Both the domestic orders are on BOS basis. The company also received a LOI for a 115 MWp project in South Africa worth ~USD 120 million. The total EPC value of the three new orders is approximately Rs 1,772 crore, and total order inflows this fiscal is already touched Rs 3,775 crore.Powered by Capital Market - Live

3 months agoCapital Market - Live

Frequently asked questions

Frequently asked questions

  1. What is the share price of Sterling and Wilson Renewable Energy Ltd (SWSOLAR) today?

    The share price of SWSOLAR as on 4th February 2026 is ₹197. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. What is the return on Sterling and Wilson Renewable Energy Ltd (SWSOLAR) share?

    The past returns of Sterling and Wilson Renewable Energy Ltd (SWSOLAR) share are
    • Past 1 week: 4.84%
    • Past 1 month: -11.49%
    • Past 3 months: -19.15%
    • Past 6 months: -30.02%
    • Past 1 year: -38.16%
    • Past 3 years: -32.74%
    • Past 5 years: -23.30%

  3. What are the peers or stocks similar to Sterling and Wilson Renewable Energy Ltd (SWSOLAR)?

    The peers or stocks similar to Sterling and Wilson Renewable Energy Ltd (SWSOLAR) include:

  4. What is the market cap of Sterling and Wilson Renewable Energy Ltd (SWSOLAR) share?

    Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Sterling and Wilson Renewable Energy Ltd (SWSOLAR) is ₹4506.70 Cr as of 4th February 2026.

  5. What is the 52 week high and low of Sterling and Wilson Renewable Energy Ltd (SWSOLAR) share?

    The 52-week high of Sterling and Wilson Renewable Energy Ltd (SWSOLAR) is ₹348.90 and the 52-week low is ₹176.60.

  6. What is the PE and PB ratio of Sterling and Wilson Renewable Energy Ltd (SWSOLAR) stock?

    The P/E (price-to-earnings) ratio of Sterling and Wilson Renewable Energy Ltd (SWSOLAR) is 55.33. The P/B (price-to-book) ratio is 4.53.

  7. Which sector does Sterling and Wilson Renewable Energy Ltd (SWSOLAR) belong to?

    Sterling and Wilson Renewable Energy Ltd (SWSOLAR) belongs to the Industrials sector & Renewable Energy Equipment & Services sub-sector.

  8. How to buy Sterling and Wilson Renewable Energy Ltd (SWSOLAR) shares?

    You can directly buy Sterling and Wilson Renewable Energy Ltd (SWSOLAR) shares on Tickertape. Simply sign up, connect your demat account and place your order.