Sterling and Wilson Renewable Energy Ltd.
•₹ 192.17-2.19%
2026-08-21
PROS
- Operating margins have improved to 4.1% from -50.3%
- Latest quarter profit grew 37.7% YoY, showing strong momentum
- Working capital cycle has improved - days down from 66 to 32
CONS
- Company is loss-making at the operating / net level
- Operating cash flow has been negative in recent years
- Recent results are weak - TTM profit is down 250.1% versus prior year
- Company has a low return on equity of -28.3% over last 3 years
- Receivables are growing faster than sales - a possible quality concern
- Company has a low return on capital employed of 5.1%
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | LT | 4030.10 | 33.42 | 554487.79 | 0.94 | 4988.03 | 15.51 | 67941.74 | 6.69 | 15.98 | 12.00 |
| 2. | RVNL | 223.10 | 51.71 | 46516.80 | 0.32 | 1595.20 | 1087.26 | 43212.30 | 1005.52 | 10.81 | 4.41 |
| 3. | KPIL | 1377.05 | 20.69 | 23516.23 | 0.80 | 311.53 | 45.85 | 6407.97 | 3.84 | 18.95 | 8.77 |
| 4. | IRB | 18.97 | 24.01 | 22911.97 | 0.69 | 3062.70 | 1412.58 | 21372.72 | 918.25 | 24.76 | 53.93 |
| 5. | CEMPRO | 1263.50 | 36.08 | 21705.36 | 0.24 | 140.83 | 2.64 | 2720.92 | 7.02 | 33.53 | 10.09 |
| 6. | ENGINERSIN | 236.95 | 16.98 | 13317.59 | 2.11 | 157.94 | 141.49 | 819.84 | -5.80 | 25.84 | 20.61 |
| 7. | TECHNOE | 997.70 | 26.92 | 11603.21 | 0.70 | 93.33 | -31.44 | 630.34 | 19.84 | 16.54 | 15.79 |
| 8. | IRCON | 122.60 | 22.02 | 11530.72 | 1.55 | 92.03 | -43.92 | 1955.83 | 9.49 | 12.69 | 9.81 |
| 9. | KEC | 423.05 | 20.34 | 11261.59 | 1.30 | 72.62 | -41.72 | 5023.54 | 0.01 | 16.35 | 5.79 |
| 10. | AFCONS | 277.95 | 70.65 | 10222.57 | 0.72 | 30.30 | -77.95 | 2671.00 | -20.75 | 12.88 | 9.42 |
| 11. | WAAREERTL | 880.80 | 18.09 | 9193.72 | 0.00 | 118.98 | 37.72 | 924.25 | 53.23 | 81.92 | 18.77 |
| 12. | SWSOLAR | 195.85 | 0.00 | 4573.91 | 0.00 | 53.27 | 37.68 | 1590.13 | -9.74 | -5.66 | 4.95 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 515 | 760 | 583 | 1,178 | 915 | 1,030 | 1,837 | 2,519 | 1,762 | 1,749 | 2,092 | 1,946 | 1,590 | |
| 552 | 758 | 599 | 1,149 | 890 | 1,012 | 1,767 | 2,386 | 1,676 | 1,745 | 2,025 | 1,800 | 1,554 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 7 | 17 | 27 | 33 | 13 | 34 | 5 | -13 | 21 | 111 | 19 | 53 | 20 |
| Interest | 62 | 64 | 68 | 25 | 19 | 28 | 31 | 31 | 29 | 36 | 47 | 42 | 39 |
| Depreciation | 3 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| -95 | -50 | -61 | 34 | 15 | 20 | 41 | 87 | 75 | -503 | 4 | 154 | 57 | |
| Tax % | 0.01% | -9.13% | -2.63% | 95.85% | 67.05% | 57.30% | 58.29% | 36.57% | 48.19% | 5.12% | 64.69% | 8.12% | 5.97% |
| Net Profit | 0 | 0 | 0 | 0 | 5 | 9 | 17 | 55 | 39 | -478 | 2 | 142 | 53 |
| -5 | -3 | -3 | 0 | 0 | 0 | 1 | 2 | 1 | -20 | -0 | 6 | 0 | |
| Equity Capital | 19 | 19 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 19 | 19 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 515
- 552
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 62
- Depreciation
- 3
- -95
- Tax %
- 0.01%
- Net Profit
- 0
- -5
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 760
- 758
- Operating Profit
- —
- OPM %
- —
- Other Income
- 17
- Interest
- 64
- Depreciation
- 4
- -50
- Tax %
- -9.13%
- Net Profit
- 0
- -3
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 583
- 599
- Operating Profit
- —
- OPM %
- —
- Other Income
- 27
- Interest
- 68
- Depreciation
- 4
- -61
- Tax %
- -2.63%
- Net Profit
- 0
- -3
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 1,178
- 1,149
- Operating Profit
- —
- OPM %
- —
- Other Income
- 33
- Interest
- 25
- Depreciation
- 4
- 34
- Tax %
- 95.85%
- Net Profit
- 0
- 0
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 915
- 890
- Operating Profit
- —
- OPM %
- —
- Other Income
- 13
- Interest
- 19
- Depreciation
- 4
- 15
- Tax %
- 67.05%
- Net Profit
- 5
- 0
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 1,030
- 1,012
- Operating Profit
- —
- OPM %
- —
- Other Income
- 34
- Interest
- 28
- Depreciation
- 4
- 20
- Tax %
- 57.30%
- Net Profit
- 9
- 0
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 1,837
- 1,767
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 31
- Depreciation
- 3
- 41
- Tax %
- 58.29%
- Net Profit
- 17
- 1
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 2,519
- 2,386
- Operating Profit
- —
- OPM %
- —
- Other Income
- -13
- Interest
- 31
- Depreciation
- 3
- 87
- Tax %
- 36.57%
- Net Profit
- 55
- 2
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 1,762
- 1,676
- Operating Profit
- —
- OPM %
- —
- Other Income
- 21
- Interest
- 29
- Depreciation
- 3
- 75
- Tax %
- 48.19%
- Net Profit
- 39
- 1
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 1,749
- 1,745
- Operating Profit
- —
- OPM %
- —
- Other Income
- 111
- Interest
- 36
- Depreciation
- 3
- -503
- Tax %
- 5.12%
- Net Profit
- -478
- -20
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 2,092
- 2,025
- Operating Profit
- —
- OPM %
- —
- Other Income
- 19
- Interest
- 47
- Depreciation
- 3
- 4
- Tax %
- 64.69%
- Net Profit
- 2
- -0
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 1,946
- 1,800
- Operating Profit
- —
- OPM %
- —
- Other Income
- 53
- Interest
- 42
- Depreciation
- 3
- 154
- Tax %
- 8.12%
- Net Profit
- 142
- 6
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 1,590
- 1,554
- Operating Profit
- —
- OPM %
- —
- Other Income
- 20
- Interest
- 39
- Depreciation
- 3
- 57
- Tax %
- 5.97%
- Net Profit
- 53
- 0
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| 6,872 | 8,240 | 5,575 | 5,081 | 5,199 | 2,015 | 3,035 | 6,302 | 7,548 | 7,377 | |
| 6,277 | 7,530 | 5,203 | 5,458 | 6,102 | 3,139 | 3,043 | 6,038 | 7,235 | 7,123 | |
| Operating Profit | 608 | 920 | 676 | -219 | -808 | -1,013 | 78 | 304 | 517 | — |
| OPM % | 9 | 11 | 12 | -4 | -16 | -50 | 3 | 5 | 7 | — |
| Other Income | 13 | 210 | 303 | 158 | 95 | 111 | 85 | 40 | 204 | 203 |
| Interest | 76 | 153 | 264 | 105 | 87 | 151 | 234 | 127 | 165 | 164 |
| Depreciation | 3 | 8 | 14 | 17 | 15 | 15 | 17 | 14 | 11 | 12 |
| 529 | 759 | 398 | -340 | -910 | -1,179 | -172 | 163 | -270 | -288 | |
| Tax % | 15 | 16 | 24 | 15 | -1 | 0 | -22 | 47 | -9 | 2 |
| Net Profit | 451 | 638 | 304 | -290 | -916 | -1,175 | -211 | 86 | -296 | -281 |
| EPS | 0 | 40 | 19 | -18 | -54 | -62 | -9 | 3 | -13 | — |
| Dividend Payout % | 0 | 0 | 31 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Minority Interest | 2 | 1 | 6 | 5 | 6 | 5 | -1 | -4 | -14 | -2 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 28 | 40 | 19 | -18 | -48 | -62 | -9 | 3 | -13 | — |
| Minority Interest | 2 | 1 | 6 | 5 | 6 | 5 | -1 | -4 | -14 | -2 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 28 | 40 | 19 | -18 | -48 | -62 | -9 | 3 | -13 | — |
Mar 2018
- 6,872
- 6,277
- Operating Profit
- 608
- OPM %
- 9
- Other Income
- 13
- Interest
- 76
- Depreciation
- 3
- 529
- Tax %
- 15
- Net Profit
- 451
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 2
- Share of Associates
- 0
- Adjusted EPS
- 28
- Minority Interest
- 2
- Share of Associates
- 0
- Adjusted EPS
- 28
Mar 2019
- 8,240
- 7,530
- Operating Profit
- 920
- OPM %
- 11
- Other Income
- 210
- Interest
- 153
- Depreciation
- 8
- 759
- Tax %
- 16
- Net Profit
- 638
- EPS
- 40
- Dividend Payout %
- 0
- Minority Interest
- 1
- Share of Associates
- 0
- Adjusted EPS
- 40
- Minority Interest
- 1
- Share of Associates
- 0
- Adjusted EPS
- 40
Mar 2020
- 5,575
- 5,203
- Operating Profit
- 676
- OPM %
- 12
- Other Income
- 303
- Interest
- 264
- Depreciation
- 14
- 398
- Tax %
- 24
- Net Profit
- 304
- EPS
- 19
- Dividend Payout %
- 31
- Minority Interest
- 6
- Share of Associates
- 0
- Adjusted EPS
- 19
- Minority Interest
- 6
- Share of Associates
- 0
- Adjusted EPS
- 19
Mar 2021
- 5,081
- 5,458
- Operating Profit
- -219
- OPM %
- -4
- Other Income
- 158
- Interest
- 105
- Depreciation
- 17
- -340
- Tax %
- 15
- Net Profit
- -290
- EPS
- -18
- Dividend Payout %
- 0
- Minority Interest
- 5
- Share of Associates
- 0
- Adjusted EPS
- -18
- Minority Interest
- 5
- Share of Associates
- 0
- Adjusted EPS
- -18
Mar 2022
- 5,199
- 6,102
- Operating Profit
- -808
- OPM %
- -16
- Other Income
- 95
- Interest
- 87
- Depreciation
- 15
- -910
- Tax %
- -1
- Net Profit
- -916
- EPS
- -54
- Dividend Payout %
- 0
- Minority Interest
- 6
- Share of Associates
- 0
- Adjusted EPS
- -48
- Minority Interest
- 6
- Share of Associates
- 0
- Adjusted EPS
- -48
Mar 2023
- 2,015
- 3,139
- Operating Profit
- -1,013
- OPM %
- -50
- Other Income
- 111
- Interest
- 151
- Depreciation
- 15
- -1,179
- Tax %
- 0
- Net Profit
- -1,175
- EPS
- -62
- Dividend Payout %
- 0
- Minority Interest
- 5
- Share of Associates
- 0
- Adjusted EPS
- -62
- Minority Interest
- 5
- Share of Associates
- 0
- Adjusted EPS
- -62
Mar 2024
- 3,035
- 3,043
- Operating Profit
- 78
- OPM %
- 3
- Other Income
- 85
- Interest
- 234
- Depreciation
- 17
- -172
- Tax %
- -22
- Net Profit
- -211
- EPS
- -9
- Dividend Payout %
- 0
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- -9
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- -9
Mar 2025
- 6,302
- 6,038
- Operating Profit
- 304
- OPM %
- 5
- Other Income
- 40
- Interest
- 127
- Depreciation
- 14
- 163
- Tax %
- 47
- Net Profit
- 86
- EPS
- 3
- Dividend Payout %
- 0
- Minority Interest
- -4
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- -4
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2026
- 7,548
- 7,235
- Operating Profit
- 517
- OPM %
- 7
- Other Income
- 204
- Interest
- 165
- Depreciation
- 11
- -270
- Tax %
- -9
- Net Profit
- -296
- EPS
- -13
- Dividend Payout %
- 0
- Minority Interest
- -14
- Share of Associates
- 0
- Adjusted EPS
- -13
- Minority Interest
- -14
- Share of Associates
- 0
- Adjusted EPS
- -13
TTM
- 7,377
- 7,123
- Operating Profit
- —
- OPM %
- —
- Other Income
- 203
- Interest
- 164
- Depreciation
- 12
- -288
- Tax %
- 2
- Net Profit
- -281
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- -2
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- -2
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- 8%
- 3 Years:
- 55%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- -6%
- 3 Years:
- -19%
- 1 Year:
- -29%
RETURN ON EQUITY
- 10 Years:
- —
- 5 Years:
- -109%
- 3 Years:
- -28%
- Last Year:
- -36%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - |
| Equity Capital | 16 | 16 | 16 | 16 | 19 | 19 | 23 | 23 | 23 |
| 181 | 825 | 1,065 | 646 | 894 | -251 | 940 | 981 | 622 | |
| 184 | 2,228 | 1,224 | 468 | 435 | 1,315 | 74 | 30 | 47 | |
| Trade Payables | 3,740 | 1,913 | 2,221 | 1,857 | 1,403 | 650 | 1,508 | 2,750 | 2,502 |
| 866 | 564 | 792 | 602 | 648 | 1,359 | 1,692 | 1,821 | 2,082 | |
| Total Liabilities | 4,986 | 5,546 | 5,318 | 3,589 | 3,399 | 3,092 | 4,237 | 5,605 | 5,277 |
| ASSETS | - | - | - | - | - | - | - | - | - |
| 21 | 31 | 45 | 46 | 42 | 44 | 56 | 46 | 41 | |
| Capital Work in Progress | 3 | 0 | 3 | 0 | 0 | 0 | 0 | 0 | 0 |
| 19 | 13 | 15 | 3 | 4 | 2 | 1 | 3 | 2 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 832 | 1,254 | 1,799 | |
| Cash & Bank | 104 | 455 | 499 | 291 | 504 | 95 | 339 | 711 | 534 |
| 4,839 | 5,046 | 4,755 | 3,248 | 2,849 | 2,951 | 3,008 | 3,592 | 2,900 | |
| Total Assets | 4,986 | 5,546 | 5,318 | 3,589 | 3,399 | 3,092 | 4,237 | 5,605 | 5,277 |
| Total Debt | 184 | 2,228 | 1,224 | 468 | 435 | 2,015 | 477 | 901 | 1,164 |
| Net Working Capital | 158 | 779 | 1,002 | 469 | 746 | 273 | 1,075 | 1,140 | 660 |
| Contingent Liabilities | 206 | 0 | 140 | 278 | 1,195 | 1,208 | 1,050 | 860 | 522 |
| Book Value per Share | 122.59 | 52.44 | 67.39 | 41.26 | 48.13 | -12.24 | 41.30 | 43.01 | 27.66 |
| Face Value | 10.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Total Debt | 184 | 2,228 | 1,224 | 468 | 435 | 2,015 | 477 | 901 | 1,164 |
| Net Working Capital | 158 | 779 | 1,002 | 469 | 746 | 273 | 1,075 | 1,140 | 660 |
| Contingent Liabilities | 206 | 0 | 140 | 278 | 1,195 | 1,208 | 1,050 | 860 | 522 |
| Book Value per Share | 122.59 | 52.44 | 67.39 | 41.26 | 48.13 | -12.24 | 41.30 | 43.01 | 27.66 |
| Face Value | 10.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
Mar 2018
- Equity Capital
- 16
- 181
- 184
- Trade Payables
- 3,740
- 866
- Total Liabilities
- 4,986
- 21
- Capital Work in Progress
- 3
- 19
- 0
- Cash & Bank
- 104
- 4,839
- Total Assets
- 4,986
- Total Debt
- 184
- Net Working Capital
- 158
- Contingent Liabilities
- 206
- Book Value per Share
- 122.59
- Face Value
- 10.00
- Total Debt
- 184
- Net Working Capital
- 158
- Contingent Liabilities
- 206
- Book Value per Share
- 122.59
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 16
- 825
- 2,228
- Trade Payables
- 1,913
- 564
- Total Liabilities
- 5,546
- 31
- Capital Work in Progress
- 0
- 13
- 0
- Cash & Bank
- 455
- 5,046
- Total Assets
- 5,546
- Total Debt
- 2,228
- Net Working Capital
- 779
- Contingent Liabilities
- 0
- Book Value per Share
- 52.44
- Face Value
- 1.00
- Total Debt
- 2,228
- Net Working Capital
- 779
- Contingent Liabilities
- 0
- Book Value per Share
- 52.44
- Face Value
- 1.00
Mar 2020
- Equity Capital
- 16
- 1,065
- 1,224
- Trade Payables
- 2,221
- 792
- Total Liabilities
- 5,318
- 45
- Capital Work in Progress
- 3
- 15
- 0
- Cash & Bank
- 499
- 4,755
- Total Assets
- 5,318
- Total Debt
- 1,224
- Net Working Capital
- 1,002
- Contingent Liabilities
- 140
- Book Value per Share
- 67.39
- Face Value
- 1.00
- Total Debt
- 1,224
- Net Working Capital
- 1,002
- Contingent Liabilities
- 140
- Book Value per Share
- 67.39
- Face Value
- 1.00
Mar 2021
- Equity Capital
- 16
- 646
- 468
- Trade Payables
- 1,857
- 602
- Total Liabilities
- 3,589
- 46
- Capital Work in Progress
- 0
- 3
- 0
- Cash & Bank
- 291
- 3,248
- Total Assets
- 3,589
- Total Debt
- 468
- Net Working Capital
- 469
- Contingent Liabilities
- 278
- Book Value per Share
- 41.26
- Face Value
- 1.00
- Total Debt
- 468
- Net Working Capital
- 469
- Contingent Liabilities
- 278
- Book Value per Share
- 41.26
- Face Value
- 1.00
Mar 2022
- Equity Capital
- 19
- 894
- 435
- Trade Payables
- 1,403
- 648
- Total Liabilities
- 3,399
- 42
- Capital Work in Progress
- 0
- 4
- 0
- Cash & Bank
- 504
- 2,849
- Total Assets
- 3,399
- Total Debt
- 435
- Net Working Capital
- 746
- Contingent Liabilities
- 1,195
- Book Value per Share
- 48.13
- Face Value
- 1.00
- Total Debt
- 435
- Net Working Capital
- 746
- Contingent Liabilities
- 1,195
- Book Value per Share
- 48.13
- Face Value
- 1.00
Mar 2023
- Equity Capital
- 19
- -251
- 1,315
- Trade Payables
- 650
- 1,359
- Total Liabilities
- 3,092
- 44
- Capital Work in Progress
- 0
- 2
- 0
- Cash & Bank
- 95
- 2,951
- Total Assets
- 3,092
- Total Debt
- 2,015
- Net Working Capital
- 273
- Contingent Liabilities
- 1,208
- Book Value per Share
- -12.24
- Face Value
- 1.00
- Total Debt
- 2,015
- Net Working Capital
- 273
- Contingent Liabilities
- 1,208
- Book Value per Share
- -12.24
- Face Value
- 1.00
Mar 2024
- Equity Capital
- 23
- 940
- 74
- Trade Payables
- 1,508
- 1,692
- Total Liabilities
- 4,237
- 56
- Capital Work in Progress
- 0
- 1
- 832
- Cash & Bank
- 339
- 3,008
- Total Assets
- 4,237
- Total Debt
- 477
- Net Working Capital
- 1,075
- Contingent Liabilities
- 1,050
- Book Value per Share
- 41.30
- Face Value
- 1.00
- Total Debt
- 477
- Net Working Capital
- 1,075
- Contingent Liabilities
- 1,050
- Book Value per Share
- 41.30
- Face Value
- 1.00
Mar 2025
- Equity Capital
- 23
- 981
- 30
- Trade Payables
- 2,750
- 1,821
- Total Liabilities
- 5,605
- 46
- Capital Work in Progress
- 0
- 3
- 1,254
- Cash & Bank
- 711
- 3,592
- Total Assets
- 5,605
- Total Debt
- 901
- Net Working Capital
- 1,140
- Contingent Liabilities
- 860
- Book Value per Share
- 43.01
- Face Value
- 1.00
- Total Debt
- 901
- Net Working Capital
- 1,140
- Contingent Liabilities
- 860
- Book Value per Share
- 43.01
- Face Value
- 1.00
Mar 2026
- Equity Capital
- 23
- 622
- 47
- Trade Payables
- 2,502
- 2,082
- Total Liabilities
- 5,277
- 41
- Capital Work in Progress
- 0
- 2
- 1,799
- Cash & Bank
- 534
- 2,900
- Total Assets
- 5,277
- Total Debt
- 1,164
- Net Working Capital
- 660
- Contingent Liabilities
- 522
- Book Value per Share
- 27.66
- Face Value
- 1.00
- Total Debt
- 1,164
- Net Working Capital
- 660
- Contingent Liabilities
- 522
- Book Value per Share
- 27.66
- Face Value
- 1.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| 251 | -723 | 338 | 201 | -1,690 | -1,829 | 538 | 38 | -257 | |
| Cash from Investing | -19 | -929 | 1,013 | 409 | 949 | -12 | -5 | -75 | -107 |
| Cash from Financing | -141 | 1,972 | -1,313 | -853 | 978 | 1,431 | -286 | 317 | 103 |
| 91 | 320 | 38 | -243 | 237 | -410 | 248 | 280 | -261 | |
| Free Cash Flow | 251 | -744 | 312 | 192 | -1,692 | -1,846 | 512 | 38 | -257 |
| OCF / Net Profit | 0.56 | -1.13 | 1.11 | -0.69 | 1.85 | 1.56 | -2.55 | 0.44 | 0.87 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 | -3,779 | -2,524 | -2,797 | -3,247 |
| OCF / Net Profit | 0.56 | -1.13 | 1.11 | -0.69 | 1.85 | 1.56 | -2.55 | 0.44 | 0.87 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 | -3,779 | -2,524 | -2,797 | -3,247 |
Mar 2018
- 251
- Cash from Investing
- -19
- Cash from Financing
- -141
- 91
- Free Cash Flow
- 251
- OCF / Net Profit
- 0.56
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.56
- Cumulative 5-Year FCF
- 0
Mar 2019
- -723
- Cash from Investing
- -929
- Cash from Financing
- 1,972
- 320
- Free Cash Flow
- -744
- OCF / Net Profit
- -1.13
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -1.13
- Cumulative 5-Year FCF
- 0
Mar 2020
- 338
- Cash from Investing
- 1,013
- Cash from Financing
- -1,313
- 38
- Free Cash Flow
- 312
- OCF / Net Profit
- 1.11
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.11
- Cumulative 5-Year FCF
- 0
Mar 2021
- 201
- Cash from Investing
- 409
- Cash from Financing
- -853
- -243
- Free Cash Flow
- 192
- OCF / Net Profit
- -0.69
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.69
- Cumulative 5-Year FCF
- 0
Mar 2022
- -1,690
- Cash from Investing
- 949
- Cash from Financing
- 978
- 237
- Free Cash Flow
- -1,692
- OCF / Net Profit
- 1.85
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.85
- Cumulative 5-Year FCF
- 0
Mar 2023
- -1,829
- Cash from Investing
- -12
- Cash from Financing
- 1,431
- -410
- Free Cash Flow
- -1,846
- OCF / Net Profit
- 1.56
- Cumulative 5-Year FCF
- -3,779
- OCF / Net Profit
- 1.56
- Cumulative 5-Year FCF
- -3,779
Mar 2024
- 538
- Cash from Investing
- -5
- Cash from Financing
- -286
- 248
- Free Cash Flow
- 512
- OCF / Net Profit
- -2.55
- Cumulative 5-Year FCF
- -2,524
- OCF / Net Profit
- -2.55
- Cumulative 5-Year FCF
- -2,524
Mar 2025
- 38
- Cash from Investing
- -75
- Cash from Financing
- 317
- 280
- Free Cash Flow
- 38
- OCF / Net Profit
- 0.44
- Cumulative 5-Year FCF
- -2,797
- OCF / Net Profit
- 0.44
- Cumulative 5-Year FCF
- -2,797
Mar 2026
- -257
- Cash from Investing
- -107
- Cash from Financing
- 103
- -261
- Free Cash Flow
- -257
- OCF / Net Profit
- 0.87
- Cumulative 5-Year FCF
- -3,247
- OCF / Net Profit
- 0.87
- Cumulative 5-Year FCF
- -3,247
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 281.98 | 39.85 | 19.33 | -17.79 | -47.94 | -61.65 | -9.09 | 3.49 | -13.25 |
| Book Value (₹) | 122.59 | 52.44 | 67.39 | 41.26 | 48.13 | -12.24 | 41.30 | 43.01 | 27.66 |
| Dividend per Share (₹) | 0.00 | 0.00 | 6.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 28.29 | 40.29 | 19.86 | -17.05 | -47.50 | -61.16 | -8.32 | 4.28 | -12.18 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 8.84% | 11.16% | 12.13% | -4.30% | -15.55% | -50.26% | -0.24% | 4.19% | 4.15% |
| Net Margin % | 6.56% | 7.75% | 5.46% | -5.71% | -17.61% | -58.31% | -6.94% | 1.36% | -3.92% |
| ROE % | 229.17% | 123.02% | 31.66% | -33.28% | -116.29% | -345.11% | -57.67% | 8.70% | -35.85% |
| ROCE % | 158.77% | 52.86% | 24.64% | -13.69% | -66.31% | -65.41% | 3.80% | 17.26% | -5.66% |
| 9.04% | 12.12% | 5.60% | -6.51% | -26.21% | -36.20% | -5.75% | 1.74% | -5.44% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - |
| Debtor Days | 97 | 82 | 129 | 103 | 57 | 143 | 98 | 60 | 74 |
| Inventory Days | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| Payable Days | 233 | 171 | 202 | 237 | 242 | 308 | 202 | 170 | 204 |
| -135 | -88 | -73 | -133 | -184 | -165 | -105 | -109 | -130 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.94x | 2.65x | 1.13x | 0.71x | 0.48x | -8.68x | 0.49x | 0.90x | 1.80x |
| Interest Coverage (x) | 7.97x | 5.97x | 2.51x | -2.24x | -9.44x | -6.79x | 0.26x | 2.28x | -0.64x |
| 1.03x | 1.16x | 1.24x | 1.16x | 1.29x | 1.10x | 1.35x | 1.28x | 1.16x | |
| GROWTH | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 0.00% | 19.92% | -32.34% | -8.87% | 2.33% | -61.24% | 50.64% | 107.61% | 19.77% |
| Operating Profit Growth % | 0.00% | 51.33% | -26.46% | -132.32% | -269.82% | -25.30% | 107.71% | 289.13% | 70.09% |
| Net Profit Growth % | 0.00% | 41.66% | -52.33% | -195.32% | -215.74% | -28.30% | 82.06% | 140.59% | -445.75% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 85.26% | 138.38% | -479.90% | |
| VALUATION | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 71.81x | 0.00x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 12.68x | 5.82x | 5.39x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 158.20x | 19.88x | 7.95x |
Mar 2018
- EPS (₹)
- 281.98
- Book Value (₹)
- 122.59
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 28.29
- Operating Margin %
- 8.84%
- Net Margin %
- 6.56%
- ROE %
- 229.17%
- ROCE %
- 158.77%
- 9.04%
- Debtor Days
- 97
- Inventory Days
- 1
- Payable Days
- 233
- -135
- Debt to Equity (x)
- 0.94x
- Interest Coverage (x)
- 7.97x
- 1.03x
- Revenue Growth %
- 0.00%
- Operating Profit Growth %
- 0.00%
- Net Profit Growth %
- 0.00%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 39.85
- Book Value (₹)
- 52.44
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 40.29
- Operating Margin %
- 11.16%
- Net Margin %
- 7.75%
- ROE %
- 123.02%
- ROCE %
- 52.86%
- 12.12%
- Debtor Days
- 82
- Inventory Days
- 1
- Payable Days
- 171
- -88
- Debt to Equity (x)
- 2.65x
- Interest Coverage (x)
- 5.97x
- 1.16x
- Revenue Growth %
- 19.92%
- Operating Profit Growth %
- 51.33%
- Net Profit Growth %
- 41.66%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 19.33
- Book Value (₹)
- 67.39
- Dividend per Share (₹)
- 6.00
- Cash EPS (₹)
- 19.86
- Operating Margin %
- 12.13%
- Net Margin %
- 5.46%
- ROE %
- 31.66%
- ROCE %
- 24.64%
- 5.60%
- Debtor Days
- 129
- Inventory Days
- 1
- Payable Days
- 202
- -73
- Debt to Equity (x)
- 1.13x
- Interest Coverage (x)
- 2.51x
- 1.24x
- Revenue Growth %
- -32.34%
- Operating Profit Growth %
- -26.46%
- Net Profit Growth %
- -52.33%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- -17.79
- Book Value (₹)
- 41.26
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -17.05
- Operating Margin %
- -4.30%
- Net Margin %
- -5.71%
- ROE %
- -33.28%
- ROCE %
- -13.69%
- -6.51%
- Debtor Days
- 103
- Inventory Days
- 1
- Payable Days
- 237
- -133
- Debt to Equity (x)
- 0.71x
- Interest Coverage (x)
- -2.24x
- 1.16x
- Revenue Growth %
- -8.87%
- Operating Profit Growth %
- -132.32%
- Net Profit Growth %
- -195.32%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- -47.94
- Book Value (₹)
- 48.13
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -47.50
- Operating Margin %
- -15.55%
- Net Margin %
- -17.61%
- ROE %
- -116.29%
- ROCE %
- -66.31%
- -26.21%
- Debtor Days
- 57
- Inventory Days
- 0
- Payable Days
- 242
- -184
- Debt to Equity (x)
- 0.48x
- Interest Coverage (x)
- -9.44x
- 1.29x
- Revenue Growth %
- 2.33%
- Operating Profit Growth %
- -269.82%
- Net Profit Growth %
- -215.74%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- -61.65
- Book Value (₹)
- -12.24
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -61.16
- Operating Margin %
- -50.26%
- Net Margin %
- -58.31%
- ROE %
- -345.11%
- ROCE %
- -65.41%
- -36.20%
- Debtor Days
- 143
- Inventory Days
- 0
- Payable Days
- 308
- -165
- Debt to Equity (x)
- -8.68x
- Interest Coverage (x)
- -6.79x
- 1.10x
- Revenue Growth %
- -61.24%
- Operating Profit Growth %
- -25.30%
- Net Profit Growth %
- -28.30%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- -9.09
- Book Value (₹)
- 41.30
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -8.32
- Operating Margin %
- -0.24%
- Net Margin %
- -6.94%
- ROE %
- -57.67%
- ROCE %
- 3.80%
- -5.75%
- Debtor Days
- 98
- Inventory Days
- 0
- Payable Days
- 202
- -105
- Debt to Equity (x)
- 0.49x
- Interest Coverage (x)
- 0.26x
- 1.35x
- Revenue Growth %
- 50.64%
- Operating Profit Growth %
- 107.71%
- Net Profit Growth %
- 82.06%
- 85.26%
- P/E (x)
- 0.00x
- P/B (x)
- 12.68x
- Dividend Yield %
- 0.00%
- 158.20x
Mar 2025
- EPS (₹)
- 3.49
- Book Value (₹)
- 43.01
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 4.28
- Operating Margin %
- 4.19%
- Net Margin %
- 1.36%
- ROE %
- 8.70%
- ROCE %
- 17.26%
- 1.74%
- Debtor Days
- 60
- Inventory Days
- 0
- Payable Days
- 170
- -109
- Debt to Equity (x)
- 0.90x
- Interest Coverage (x)
- 2.28x
- 1.28x
- Revenue Growth %
- 107.61%
- Operating Profit Growth %
- 289.13%
- Net Profit Growth %
- 140.59%
- 138.38%
- P/E (x)
- 71.81x
- P/B (x)
- 5.82x
- Dividend Yield %
- 0.00%
- 19.88x
Mar 2026
- EPS (₹)
- -13.25
- Book Value (₹)
- 27.66
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -12.18
- Operating Margin %
- 4.15%
- Net Margin %
- -3.92%
- ROE %
- -35.85%
- ROCE %
- -5.66%
- -5.44%
- Debtor Days
- 74
- Inventory Days
- 0
- Payable Days
- 204
- -130
- Debt to Equity (x)
- 1.80x
- Interest Coverage (x)
- -0.64x
- 1.16x
- Revenue Growth %
- 19.77%
- Operating Profit Growth %
- 70.09%
- Net Profit Growth %
- -445.75%
- -479.90%
- P/E (x)
- 0.00x
- P/B (x)
- 5.39x
- Dividend Yield %
- 0.00%
- 7.95x
Documents
Announcements
- Resignation of Director/KMP/SMP
2026-07-31 - Sterling and Wilson Renewable Energy Limited has informed the Exchange about Resignation of Director/KMP/SMP
- Resignation
2026-07-31 - Sterling and Wilson Renewable Energy Limited has informed the Exchange regarding Resignation of Sandeep Mathew as Other of the company w.e.f. July 31, 2026.
Annual Reports
Credit Ratings
- Credit Rating
2026-07-31 - Sterling and Wilson Renewable Energy Limited has informed the Exchange about Credit Rating
Concalls
Jul 2026
Apr 2026
Jan 2026