Sterling and Wilson Renewable Energy Ltd

Sterling & Wilson Renewable Energy Ltd share price ticked higher by 1.95% to Rs 175.05. The Company's net profit witnessed a sharp fall of 68.43% to Rs 16.82 crore, while revenue from operations slipped slightly by 3.94% to Rs 1527.5 crore in Q3FY26 over Q2FY26. The market capitalization of Civil Construction industry group stocks on BSE stood at Rs 9.15 lakh crore, nosediving by 18.14%. It has eased by 0.27% over last one week and edged lower by 6.40% in last one month while the market capitalization of Sterling & Wilson Renewable Energy Ltd has marginally improved by 7.96% and 21.27% in the same period respectively. Profit before tax (PBT) of Sterling & Wilson Renewable Energy Ltd stood at Rs 16.83 crore in Q3 FY26, crashing by 103.34% year-on-year, and tumbling by 70.29% quarter-on-quarter. EBITDA came in at Rs 42 crore, plunging by 139.09% YoY and tanking 28.43% sequentially. Total expenses softened by 2.62% to Rs 1475.09 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 955.39 crore, marginally falling by 2.47% YoY, while employee benefits expense was at Rs 51.2 crore, inching up 3.33% YoY. For the TTM ended FY26, revenue from operations advanced 19.77% to Rs 7548.05 crore, while net profit plunged by 445.75% to Rs 295.79 crore, compared to previous TTM. EBITDA surged by 20307% to Rs 98.42 crore, and PBT collapsed by 266.26% to Rs 270.24 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 257.35 crore in FY26, as against Rs 37.88 crore in FY25. Sterling & Wilson Renewable Energy Ltd nosedived by 28.13% in last one year, underperforming the benchmark BSE Sensex which has reduced by 10.04% during the same period.

Sterling & Wilson Renewable Energy Ltd share price ticked higher by 1.99% to Rs 171.7. The Company's net profit witnessed a sharp fall of 68.43% to Rs 16.82 crore, while revenue from operations softened by 3.94% to Rs 1527.5 crore in Q3FY26 over Q2FY26. The market capitalization of Civil Construction industry group stocks on BSE stood at Rs 9.15 lakh crore, nosediving by 18.14%. It has inched up 1.23% over last one week and dipped slightly by 6.40% in last one month while the market capitalization of Sterling & Wilson Renewable Energy Ltd has marginally improved by 9.10% and 21.27% in the same period respectively. Profit before tax (PBT) of Sterling & Wilson Renewable Energy Ltd stood at Rs 16.83 crore in Q3 FY26, crashing by 103.34% year-on-year, and tanking 70.29% quarter-on-quarter. EBITDA came in at Rs 42 crore, tumbling by 139.09% YoY and plunging by 28.43% sequentially. Total expenses slightly declined by 2.62% to Rs 1475.09 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 955.39 crore, slightly declining by 2.47% YoY, while employee benefits expense was at Rs 51.2 crore, inching up 3.33% YoY. For the TTM ended FY26, revenue from operations grew 19.77% to Rs 7548.05 crore, while net profit tanked by 445.75% to Rs 295.79 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 20307% to Rs 98.42 crore, and PBT collapsed by 266.26% to Rs 270.24 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 257.35 crore in FY26, as against Rs 37.88 crore in FY25. Sterling & Wilson Renewable Energy Ltd tumbled by 29.63% in last one year, underperforming the benchmark BSE Sensex which has slipped by 11.27% during the same period.

Sterling and Wilson Renewable Energy Limited will hold a board meeting on Thursday, October 15, 2026, to consider and approve the unaudited consolidated and standalone financial results for the quarter and half year ended September 30, 2026, according to a regulatory filing. The trading window for company insiders will remain closed until 48 hours after the results are declared.

Sterling and Wilson Renewable Energy Limited informed the BSE Limited and National Stock Exchange of India Limited that the trading window for dealing in the company's securities will be closed for designated persons and their immediate relatives from October 1, 2026, until 48 hours after the declaration of the unaudited financial results for the quarter and half year ending September 30, 2026.

Sterling & Wilson Renewable Energy Ltd announced credit rating actions on July 31, 2026, as disclosed to the BSE Limited and National Stock Exchange of India Limited, detailing downgrades and withdrawals across several instruments by Acuité Ratings specifically, the Bank Facility/Loan – Long Term amounting to INR 4571.47 was Downgraded & Withdrawn, another Bank Facility/Loan – Long Term of INR 825.00 was Downgraded to ACUITE BBB- / Negative, a Bank Facility/Loan of INR 1628.53 was Withdrawn as Not Applicable, the Bank Facility/Loan – Short Term of INR 175.00 was Downgraded, another Bank Facility/Loan – Short Term of INR 50.00 was Downgraded & Withdrawn, a Bank Facility/Loan of INR 200.00 was Withdrawn as Not Applicable, and Commercial Paper of INR 100.00 was also Withdrawn as Not Applicable, with the rationale for these actions detailed in the Acuité report.

Net profit of Sterling & Wilson Renewable Energy rose 69.60% to Rs 54.22 crore in the quarter ended June 2026 as against Rs 31.97 crore during the previous quarter ended June 2025. Sales declined 9.74% to Rs 1590.13 crore in the quarter ended June 2026 as against Rs 1761.63 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales1590.131761.63 -10 OPM %4.954.85 - PBDT59.9677.48 -23 PBT56.6574.67 -24 NP54.2231.97 70 Powered by Capital Market - Live

Sterling & Wilson Renewable Energy announced that Sterling and Wilson Solar Australia (SWSAPL), a material subsidiary (step down) of the Company, has commenced arbitration proceedings by filing a Request for Arbitration against Shell New Energies Australia (Shell) under the London Court of International Arbitration Rules 2020 (LCIA Rules) on 14 July 2026.

Sterling & Wilson Renewable Energy will hold a meeting of the Board of Directors of the Company on 16 July 2026.

Sterling & Wilson Renewable Energy has allotted 9,671 equity shares under ESOP on 01 July 2026. Consequent to the above allotment, the paid-up equity share capital of the company has increased from Rs. 23,35,31,720/- consisting of 23,35,31,720 equity shares of Re. 1/- each to Rs. 23,35,41,391/- consisting of 23,35,41,391 equity shares of Re. 1/- each.

The joint venture has been awarded the contract for the West Minya solar power project in Egypt's Minya Governorate. The project comprises a 1,000 MWac solar photovoltaic (PV) plant integrated with a 600 MWh battery energy storage system (BESS). The contract is valued at approximately $560 million The joint venture will be responsible for the full engineering, procurement, and construction of the solar power plant, including the installation of photovoltaic generation facilities, battery energy storage infrastructure, grid interconnection works, transmission facilities, and all associated balance-of-plant and supporting systems required for project delivery. Chandra Kishore Thakur, Global CEO, Sterling and Wilson Renewable Energy Group said, We are proud to support Egypt's decarbonisation journey and contribute to strengthening energy security across the wider MENA region through this landmark project. As one of the world's leading solar EPC companies, we bring deep expertise and proven execution capabilities that will help unlock the region's vast renewable energy potential. Our company remains committed to delivering the project within the stipulated timeline while upholding the highest standards of safety, quality, and operational excellence. This third GW scale order received in a span of 9 months reflects the increasing size of PV projects, and continued trust and confidence that customers place in the company's capabilities to deliver large-scale solar projects, including those involving complex technologies such as Battery Energy Storage Systems.' 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 and hybrid & energy storage solutions. The company's consolidated net profit surged 142.99% to Rs 134.57 crore in Q4 FY26 from Rs 55.38 croreposted in Q4 FY25. Revenue from operations declined 22.77% YoY to Rs 1,945.61 crore in Q4 FY26.Powered by Capital Market - Live