Sterling & Wilson Renewable Energy Ltd (SWSOLAR)
₹135.97
Mkt cap
₹3,175 Cr
P/E ratio
13.80
P/B
4.39
Div yield
0.00%
ROE
40.10%
ROCE
26.80%
EPS (TTM)
₹9.85
Book value
₹31
52W range
135–261
Sector
Industrials
Price history
Previous close
Sterling and Wilson Solar Ltd is one of the leading end-to-end solar engineering, procurement and construction (EPC) solutions provider globally and is also engaged in the operation and maintenance (O&M) of solar power projects. The company is backed by strong parentage of the Reliance Industries
NSE SWSOLARBSE 542760
Health check
Cautious
ValuationFair
ProfitabilityStrong
GrowthLow
TechnicalsBearish
52-week range
−47.86% from high₹136
₹135+0.70% from low₹261
Current
₹135.97
Prev close
₹144.22
Day
−5.72%
Price performance
1D
−6.08%
1W
−4.70%
1M
−20.83%
3M
−33.60%
6M
−36.10%
1Y
−40.70%
YTD
−37.62%
Financials
Revenue, profit & margin
P/E ratio
13.8×
SWSOLAR is 3% below the sector median of 14.2×
SWSOLAR13.8×
Sector median14.2×
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 760 | 583 | 1,178 | 915 | 1,030 | 1,837 | 2,519 | 1,762 | 1,749 | 2,092 | 1,946 | 1,590 | 1,528 | |
| Expenses | 758 | 599 | 1,149 | 890 | 1,012 | 1,767 | 2,386 | 1,676 | 1,745 | 2,025 | 1,800 | 1,511 | 1,471 | |
| Operating Profit | 1 | -16 | 29 | 25 | 18 | 70 | 134 | 85 | 4 | 67 | 146 | 79 | 56 | |
| OPM % | 0.2% | -2.8% | 2.5% | 2.7% | 1.8% | 3.8% | 5% | 4.8% | 0.2% | 3.2% | 7% | 5.0% | 3.7% | |
| Other Income | 17 | 27 | 33 | 13 | 34 | 5 | -13 | 21 | -469 | -12 | 53 | 20 | 14 | |
| Interest | 64 | 68 | 25 | 19 | 28 | 31 | 31 | 29 | 36 | 47 | 42 | 39 | 50 | |
| Depreciation | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | |
| Profit before tax | -50 | -61 | 34 | 15 | 20 | 41 | 87 | 75 | -503 | 4 | 154 | 57 | 17 | |
| Tax % | 9% | 3% | 96% | 67% | 57% | 58% | 37% | 48% | -5% | 65% | 8% | 6% | 0% | |
| Net Profit | -55 | -62 | 1 | 5 | 9 | 17 | 55 | 39 | -478 | 2 | 142 | 53 | 17 | |
| EPS in Rs | -2.86 | -2.73 | 0.06 | 0.18 | 0.30 | 0.64 | 2.37 | 1.37 | -20.26 | -0.12 | 5.76 | 2.32 | 0.82 | |
| Raw PDF |
Earnings
Results dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move −5.42% · closed higher next day 0 of last 1
| Q2FY27 | |
|---|---|
| Broadcast | 15 Oct '26◦ |
| Earnings day | −5.42% |
| +1 day | −8.43% |
| +5 days | −20.20% |
| +15 days | — |
| +30 days | — |
| Filing | XBRL |
Corporate actions
Last 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Results analysis
Shareholding
as of Sep 202645.73%Promoter
Promoters45.73%
FIIs3.75%1.32
DIIs5.32%0.52
Public45.21%0.80
Ownership trend
Peers
8 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| Larsen & Toubro | ₹3,871.70 | 28.19 | 5,32,713 | 0.98% | 5,949 | +32.50% | 78,750 | +15.84% | 14.57% |
| Rail Vikas | ₹179.67 | 41.64 | 37,462 | 0.95% | 160 | +18.46% | 4,321 | +10.55% | 10.80% |
| Cemindia Project | ₹1,265.00 | 38.78 | 23,330 | 0.24% | 141 | +2.62% | 2,721 | +5.61% | 32.76% |
| Kalpataru Proj. | ₹1,337.70 | 20.56 | 22,844 | 0.82% | 312 | +45.15% | 6,408 | +3.84% | 18.28% |
| IRB Infra.Devl. | ₹15.73 | 19.31 | 18,999 | 0.99% | 306 | +51.26% | 2,137 | +1.82% | 7.47% |
| NBCC | ₹69.66 | 27.48 | 18,808 | 1.44% | 158 | +17.18% | 2,260 | −5.51% | 29.32% |
| Engineers India | ₹251.85 | 15.77 | 14,155 | 1.99% | 197 | +135.57% | 824 | −10.54% | 30.40% |
| Sterling & Wils. | ₹135.97 | 13.81 | 3,175 | 0.00% | 17 | −81.06% | 1,528 | −12.64% | 26.78% |
| Median: 119 Co. | ₹115.00 | 14.20 | 615 | 0.00% | 11 | +18.23% | 172 | +12.32% | 15.99% |
Filings
Annual reports7
Concall transcripts78
TranscriptOct 2026PPTOct 2026RECOct 2026TranscriptJul 2026PPTJul 2026RECJul 2026TranscriptApr 2026PPTApr 2026RECApr 2026TranscriptJan 2026PPTJan 2026RECJan 2026TranscriptOct 2025PPTOct 2025RECOct 2025TranscriptJul 2025PPTJul 2025RECJul 2025TranscriptMay 2025PPTMay 2025RECMay 2025TranscriptJan 2025PPTJan 2025RECJan 2025
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Earnings Call Transcript 23 Oct - In continuation to our letters dated October 12, 2026 and October 16, 2026, please find enclosed the Transcript of the Investors Call held on Friday, …Disclosure Of Information Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 21 Oct - KRA settlement reduces 2020-2023 demandINR 26.50 crore to INR 2.66 crore.Disclosure Under Regulation 30 Read With Para B Of Part A Of Schedule III Of The SEBI (LODR) Regulations, 2015 (SEBI Listing Regulations) 19 Oct - SWEPL filed South Africa motion over INR 25.50 crore insurance bond claims.Announcement under Regulation 30 (LODR)-Newspaper Publication 17 Oct - The Newspaper Publication on the Unaudited Standalone and Consolidated Financial ....Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 16 Oct - Q2 FY27 investor call audio recording for Sept. 30, 2026 results made available online.