Synopsis :- Small-cap solar stock, backed by Ambani group is in focus today after receiving three orders worth Rs. 1,772 crore.
One of the leading end-to-end solar engineering, procurement and construction (EPC) solutions providers globally is in the spotlight after receiving three EPC orders worth Rs. 1,772 crore.
With the market capitalization of Rs. 5,170.50 crore, the shares of Sterling & Wilson Renewable Energy Limited are trading at Rs. 221.44, down by 2.22 percent from its previous day’s close price of Rs. 226.47. As of June, 2025 Reliance New Energy Limited holds a 32.50 percent stake in the company.
Work Order
Sterling and Wilson Renewable Energy Ltd has secured three new projects with a total EPC value of ~Rs. 1,772 crore. Domestically, it was declared L1 for 363 MWp PV project in Rajasthan and 580 MWp PV project in Uttar Pradesh, both on a BOS basis. Internationally, it received a LOI for a 115 MWp project in South Africa worth ~USD 120 million. With these orders, the company’s total order inflows for the fiscal have reached Rs. 3,775 crore.
Mr. Chandra Kishore Thakur, Global CEO of Sterling and Wilson Renewable Energy Ltd, highlighted that the recent domestic and international order wins reinforce the company’s strong position in India and its growing presence in South Africa. He noted that earlier South African projects are progressing well and are expected to be completed by Q1 FY2027. With these wins, SWREL has achieved ~Rs. 3,775 crore in order inflows and remains confident about continuing its order momentum while maintaining margins.
Also read: 2 Stocks to buy now for an upside of up to 28%; Recommended by Trade Brains Portal
About the Company
Sterling and Wilson Renewable Energy Ltd (SWREL) is a global, end-to-end renewable EPC solutions provider offering services in utility-scale solar, floating solar, hybrid & energy storage, and wind projects. It has a total portfolio of 24.4 GWp across various stages and manages 9.1 GWp of O&M projects, including third-party projects. The company operates in 28 countries across India, Southeast Asia, Middle East, Africa, Europe, Australia, and the Americas.
A return on equity (ROE) of about 8.19 percent, a return on capital employed (ROCE) of about 17 percent and debt to equity ratio of 2.61 demonstrate the company’s financial position. At the moment, the company’s P/E ratio is 25.5x higher as compared to its industry P/E 21.8x.
In Q2 FY26, the company reported a revenue of Rs. 1,749 cr, up 69.8 percent YoY from Rs. 1,030 cr in Q2 FY25, though slightly down 0.7 percent QoQ from Rs. 1,762 cr in Q1 FY26. Despite strong revenue growth, the company posted a net loss of Rs. 478 cr, compared to a small profit of Rs. 9 cr in Q2 FY25 and Rs. 39 cr in Q1 FY26, reflecting a sharp deterioration in profitability both YoY and QoQ.
Written by Akshay Sanghavi
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
