Sterling and Wilson Renewable Energy Ltd
SWSOLARSterling and Wilson Renewable Energy Ltd
SWSOLAR
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
AvgAverage profitability - not good, not bad
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
AvgThe stock has a moderate number of red flags
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| -214.76 | 11.47 | — |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 46.21 | 6.44 | 0.59% |
Forecast & Ratings
Detailed Forecast from 3 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
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 olderPeers
Compare with peersSuzlon Energy Ltd
Waaree Energies Ltd
Azad Engineering Ltd
Websol Energy System Ltd
Alpex Solar Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
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Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
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Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 6,884.42 | 8,449.94 | 5,878.78 | 5,239.29 | 5,293.64 | 2,125.87 | 3,120.79 | 3,814.05 | ||||||||
Raw Materials | 5,373.45 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3,650.44 | ||||||||
| Power & Fuel Cost | 1.12 | 0.89 | 1.90 | 0.79 | 0.38 | 0.58 | 0.85 | |||||||||
| Employee Cost | 98.62 | 177.89 | 240.27 | 208.48 | 227.89 | 247.85 | 211.27 | |||||||||
| Selling & Administrative Expenses | 75.14 | 107.34 | 102.86 | 90.68 | 99.60 | 88.68 | 81.72 | |||||||||
| Operating & Other expenses | 781.43 | 7,296.77 | 4,901.33 | 5,157.90 | 5,774.05 | 2,801.50 | 2,748.86 | |||||||||
EBITDA | 554.66 | 867.05 | 632.42 | -218.56 | -808.28 | -1,012.74 | 78.09 | 163.61 | ||||||||
| Depreciation/Amortization | 3.17 | 7.80 | 14.23 | 16.51 | 14.67 | 14.70 | 16.65 | 16.79 | ||||||||
| PBIT | 551.49 | 859.25 | 618.19 | -235.07 | -822.95 | -1,027.44 | 61.44 | 146.82 | ||||||||
| Interest & Other Items | 22.82 | 100.07 | 219.69 | 104.97 | 87.21 | 151.30 | 233.76 | 139.14 | ||||||||
| PBT | 528.67 | 759.18 | 398.50 | -340.04 | -910.16 | -1,178.74 | -172.32 | 7.68 | ||||||||
| Taxes & Other Items | 76.50 | 120.18 | 88.44 | -54.66 | -0.70 | -9.19 | 39.60 | 58.67 | ||||||||
| Net Income | 452.17 | 639.00 | 310.06 | -285.38 | -909.46 | -1,169.55 | -211.92 | -50.99 | ||||||||
| EPS | 28.20 | 39.85 | 19.34 | -17.80 | -51.96 | -61.65 | -10.02 | -2.19 | ||||||||
| DPS | 0.00 | 0.00 | 6.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||
| Payout ratio | 0.00 | 0.00 | 0.31 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Company Updates
Peers & Comparison
IndustrialsRenewable Energy Equipment & Services
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Sterling and Wilson Renewable Energy Ltd | -51.67 | 11.47 | — |
| Suzlon Energy Ltd | 135.01 | 22.74 | — |
| Waaree Energies Ltd | 63.19 | 18.85 | — |
| Azad Engineering Ltd | 160.97 | 14.62 | — |
Price Comparison
Compare SWSOLAR with any stock or ETFShareholdings
Promoter Holdings Trend
Decreased Total Promoter Holding
In last 6 months, promoter holding in the company has decreased by 7.19%
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Increased Total Retail Holding
In last 3 months, retail holding in the company has increased by 1.71%
Increased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has increased by 4.01%
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Sterling and Wilson Renewable Energy Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
Bandhan Sterling Value Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.6668% | Percentage of the fund’s portfolio invested in the stock 0.70% | Change in the portfolio weight of the stock over the last 3 months -0.11% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 66/76 (-4) |
Nippon India Value Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.5513% | Percentage of the fund’s portfolio invested in the stock 0.72% | Change in the portfolio weight of the stock over the last 3 months -0.12% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 49/95 (+9) |
HDFC Large and Mid Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.4208% | Percentage of the fund’s portfolio invested in the stock 0.20% | Change in the portfolio weight of the stock over the last 3 months -0.04% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 139/208 (-66) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateFeb 24, 2020
Dividend/Share
₹6.00
Ex DateEx Date
Feb 24, 2020
Net profit of Sterling & Wilson Renewable Energy reported to Rs 7.05 crore in the quarter ended September 2024 as against net loss of Rs 54.24 crore during the previous quarter ended September 2023. Sales rose 35.68% to Rs 1030.49 crore in the quarter ended September 2024 as against Rs 759.52 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1030.49759.52 36 OPM %1.760.19 - PBDT23.90-45.66 LP PBT20.07-49.95 LP NP7.05-54.24 LP Powered by Capital Market - Live
Sterling & Wilson Renewable Energy will hold a meeting of the Board of Directors of the Company on 14 October 2024.Powered by Capital Market - Live
Sterling & Wilson Renewable Energy announced that it has received two new domestic orders from Private IPPs valued at Rs 512 crore. The company received an order for Engineering, Procurement and Construction of a 200 MW AC / 250 MWp DC PV plant for a PV project in Gujarat, India. It also received a LOA for Engineering, Procurement and Construction of a 50 MW AC / 65 MWp DC PV plant in Maharashtra, India.Powered by Capital Market - Live
Sterling Stable/ ACUITE A4+. Powered by Capital Market - Live
Sterling & Wilson Renewable Energy announced that the Annual General Meeting (AGM) of the company will be held on 5 September 2024.Powered by Capital Market - Live
Sterling & Wilson Renewable Energy has allotted 23,772 equity shares of Re. 1/- each, to the option grantees, upon exercise of the options vested with them under the SWREL ESOP Plan at the exercise price of Rs. 238/- per share. Post allotment, the paid up equity share capital has increased to Rs. 23,33,65,697/- consisting of 23,33,65,697 equity shares of Re. 1/- each.Powered by Capital Market - Live
Sterling & Wilson Renewable Energy announced that it has received a prestigious order for the Engineering, Design, Procurement, Erection, Testing & Commissioning of 500 x 2 (1,000 MWhr) - Standalone BESS plant in Rajasthan, India. This GWhr scale project is till date India's Largest Battery Energy Storage (BESS) Project and one of the very few Projects of GWhr scale in a single location globally which shall be executed by 2025. The total installed capacity of BESS in India currently only stands at ~219 MWhr as of March 2024. As per National Electricity Plan (NEP) 2023 of Central Electricity Authority (CEA), the energy storage capacity requirement is projected to be 82.37 GWh (47.65 GWh from PSP and 34.72 GWh from BESS) in year 2026-27. Additionally, the company also secured a 20 MW Floating Solar project in Karnataka from the same client, which marks the third such floating solar project the company is currently executing in the country. The value of LoI's for both projects is Rs 328 crore. Powered by Capital Market - Live
Net profit of Sterling & Wilson Renewable Energy reported to Rs 4.19 crore in the quarter ended June 2024 as against net loss of Rs 95.47 crore during the previous quarter ended June 2023. Sales rose 77.70% to Rs 915.06 crore in the quarter ended June 2024 as against Rs 514.96 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales915.06514.96 78 OPM %2.70-7.23 - PBDT18.67-91.91 LP PBT14.66-95.33 LP NP4.19-95.47 LP Powered by Capital Market - Live
Sterling and Wilson Renewable spurts after subsidiary inks MoU with Nigeria govt
Reliance Industries Limited arm grants ₹750-cr Loan to Shapoorji Pallonji Company
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of -18.06%, vs industry avg of 7.16%
Decreasing Market Share
Over the last 5 years, market share decreased from 54.13% to 13.43%