‌

‌
‌

‌
‌
‌

‌
‌
‌
‌
‌
‌

Sterling & Wilson Renewable Energy Stock Price - ₹187.79 | Construction | askfuzz

Sterling & Wilson Renewable Energy

SWSOLAR

NSE

BSE

SectorConstruction

Loading chart…

The Quarter story

The two most recent quarterly results, compared side-by-side.

Strong order book and O&M growth offset international EPC slowdown and collection delays

Unexecuted Order Value expands from ₹8,348 Cr in Q1 FY26 to ₹13,024 Cr in Q1 FY27, securing strong future revenue visibility.

International EPC Revenue drops from ₹492 Cr in Q2 FY26 to ₹103 Cr in Q1 FY27, highlighting sharp overseas demand contraction.

O&M Revenue rises from ₹60 Cr in Q1 FY26 to ₹84 Cr in Q1 FY27, delivering steady contract growth.

Receivable Days stretch from 125 days in Q1 FY26 to 161 days in Q1 FY27, slowing down cash collection.

Bank Borrowings fall from a peak of ₹1,215 Cr in Q3 FY26 to ₹1,035 Cr in Q1 FY27, reflecting active debt reduction.

Consolidated Revenue falls from ₹2,092 Cr in Q3 FY26 to ₹1,590 Cr in Q1 FY27, indicating project execution delays.

India Project Capacity grows from 17,596 MW in Q1 FY26 to 22,360 MW in Q1 FY27, confirming domestic scale-up.

Gross Margin slips from 12.0% in Q4 FY26 to 9.9% in Q1 FY27, showing ongoing pricing pressure.

Payable Days extend from 132 days in Q1 FY26 to 157 days in Q1 FY27, improving short-term cash retention.

PAT swings from a ₹478 Cr loss in Q2 FY26 to ₹53 Cr in Q1 FY27, reflecting continued earnings volatility.

About the company

Sterling & Wilson Renewable Energy Ltd (SWREL) is a global renewable energy EPC solutions provider. Originally incorporated as Rashmika Energy Private Limited in 2017, it later demerged from Sterling and Wilson Private Limited and changed its name. SWREL offers end-to-end EPC services for utility-scale solar, floating solar, and hybrid & energy storage solutions. The company provides project design, engineering, procurement, construction, and commissioning services, as well as operations and maintenance (O&M) for both its own projects and those built by third parties. SWREL has a presence in 28 countries across various regions including India, Southeast Asia, Middle East, Africa, Europe, Australia, United States, and Latin America. Its clients include independent power producers, developers, and equity funds. The company has a total portfolio exceeding 18 GWp of projects in various stages and manages an O&M portfolio of 7.6 GWp solar power projects.

In the news

Leadership Shifts and Capital Moves: India Inc's Strategic Pivots