Business description: Sterling and Wilson Renewable Energy Limited

Sterling and Wilson Renewable Energy Limited is an India-based end-to-end renewable engineering, procurement, and construction (EPC) solutions provider. The principal activity of the Company includes import, export and trading of solar modules, structures, invertors and related accessories, installation and maintenance of renewable energy power generating facilities and other related activities. It provides EPC services for utility-scale solar, floating solar and hybrid and energy storage solutions and has a total portfolio of over 18 gigawatts (GW) (including projects commissioned and under various stages of construction). It also manages an operation and maintenance (O&M) portfolio of over 7.67 GW solar power projects, including projects constructed by third parties. It provides an end-to-end concept-to-commissioning renewable energy EPC service, which includes design, testing, commissioning, engineering, construction, grid connection, procurement, project management, and O&M.

Number of employees: 1,208

Sales by Activity: Sterling and Wilson Renewable Energy Limited

Fiscal Period: March 2022 (INR) 2023 (INR) 2024 (INR) 2025 (INR) 2026 (INR)

EPC Business

49.74B 18.24B 28.25B 60.64B 72.77B

Operation and Maintenance Service

2.23B 1.9B 2.1B 2.36B 2.68B

Unallocated Other Operating Income

15.6M 16.5M 2.6M 17.7M 22.4M

Geographical breakdown of sales: Sterling and Wilson Renewable Energy Limited

Fiscal Period: March 2022 (INR) 2023 (INR) 2024 (INR) 2025 (INR) 2026 (INR)

India

5.52B 6.18B 25.35B 52.29B 59.99B

Rest of Africa

792M 262M 203M 2.63B 9.3B

Europe

- - 57.6M 6.95B 4.91B

Middle East and North Africa

1.01B 512M 281M 209M 716M

Australia

29.03B 8.05B 2.95B 641M 563M

United States of America and Latin America

15.55B 5.15B 1.52B 289M 6.2M

South East Asia

89.1M - - - -

Executive Committee: Sterling and Wilson Renewable Energy Limited

Manager TitleAgeSince
Chief Executive Officer 65 2025-02-28
Director of Finance/CFO 48 2025-03-23
Chief Tech/Sci/R&D Officer - 2026-01-19
Chief Operating Officer - 2024-03-05
Chief Tech/Sci/R&D Officer 54 2018-06-30

Composition of the Board of Directors: Sterling and Wilson Renewable Energy Limited

Director TitleAgeSince
Chairman 57 2018-04-24
Director/Board Member 69 2019-03-26
Director/Board Member 57 2022-03-28
Director/Board Member 54 2022-04-06
Director/Board Member 76 2022-04-06
Director/Board Member 52 2022-04-06
Director/Board Member 69 2023-07-12
Director/Board Member 49 2024-03-25

Shareholders: Sterling and Wilson Renewable Energy Limited

NameStocks%Valuation
32.49 %
75,877,334 32.49 % 196 M ₹
Shapoorji Pallonji Group of Cos.
6.938 %
16,201,291 6.938 % 42 M ₹
5.567 %
13,000,200 5.567 % 34 M ₹
Aditya Birla Sun Life Insurance Co. Ltd.
3.807 %
8,889,944 3.807 % 23 M ₹
Norges Bank Investment Management
2.331 %
5,443,833 2.331 % 14 M ₹

Company details: Sterling and Wilson Renewable Energy Limited

Sterling & Wilson Renewable Energy Ltd.

Universal Majestic

400043, Mumbai

+91 22 2548 5300

http://www.sterlingandwilsonsolar.com
address Sterling and Wilson Renewable Energy Limited(SWSOLAR)

Electric Construction

Change 5-day change 1-year change 3-year change Capi.($)
-0.89%+2.78%-19.57%+14.43% 14.48B
-1.44%-3.87%-2.06%+24.60% 2.2B
-0.35%+16.52%-17.75%+548.08% 1.61B
+0.62%-1.22%+46.38%+21.85% 1.46B
-1.30%+0.60%-26.84%-65.43% 1.09B
+3.90%-1.23%+79.72%-1.41% 678M
-3.29%-6.16%-20.38%-41.75% 559M
+2.73%+0.74%+180.63%+399.44% 557M
-0.68%+3.17%+89.03%+946.43% 476M
Average -0.08%+2.10%+34.35%+205.14% 2.57B
Weighted average by Cap. -0.65%+2.65%-3.99%+76.04%
Trader
Investor
-
Global
-
Quality
-
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
207.93INR
Average target price
289.00INR
Spread / Average Target
+38.99%

Quarterly revenue - Rate of surprise

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