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    Sterling and Wilson Renewable Energy Limited

    Global pure-play solar EPC and O&M provider spanning utility-scale, floating solar, storage and wind projects.

    Construction
    Industrials
    View SWSOLAR earnings calls
    ₹222.19
    +2.51% from avg

    Overview

    Price

    ₹222.19

    Market Cap

    ₹4.9k Cr

    Sector

    Construction

    Industrials

    Rank

    5

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital1616191923232323
    Reserves1.1k646898-244946984447626
    Borrowings1.2k4794462.0k5169361.2k1.2k
    Other Liabilities2.7k2.6k2.1k1.4k2.8k3.7k3.2k3.5k
    Total Liabilities5.0k3.7k3.5k3.2k4.3k5.6k4.9k5.3k
    AssetsFixed Assets4546424456464141
    CWIP40000000
    Investments00000000
    Other Assets5.0k3.7k3.5k3.1k4.2k5.6k4.8k5.3k
    Total Assets5.0k3.7k3.5k3.2k4.3k5.6k4.9k5.3k

    Valuation

    Too capital-hungry for an earnings DCF

    For capital-heavy businesses (telecom, power, heavy manufacturing) reported profit ignores the cash needed just to stand still. We'd systematically overvalue it, so we don't show a number.

    SWSOLAR · CAPITAL_INTENSIVE

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