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Sterling & Wilson Renewable Energy Ltd share Price Today

Company details

735.00
763.45
253.00
828.00
6M Return 66.41%
1Y Return 141.14%
Mkt Cap.(Cr) 17,193.98
Volume 653,748
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 653,748

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Consulting Services company Sterling and Wilson Renewable Energy announced consolidated Q4FY24 & FY24 results:

Financial Highlights:

  • Revenue growth of over 50% at Rs 3,035 crore.
  • Strong rebound in Financials both sequentially and YoY.
  • Company turns EBITDA positive at Rs 54 crore in FY24 aided by growing Domestic EPC business.
  • Reported consolidated positive PBT and PAT in Q4FY24.
  • Achieved gross margin in excess of 10% in FY24.
  • Unexecuted order value has grown 64% in FY24 showcasing robust future growth prospect.
  • Net debt reduction by over 90%.
  • Balance sheet significantly strengthened in FY24 and well positioned to capture strong industry growth.

Commenting on the results, Mr. Amit Jain, Global CEO, Sterling and Wilson Renewable Energy said, “We have overcome several challenges in FY24 and SWREL is in a much better place than earlier. The company delivered a robust financial performance which includes positive gross margins throughout the year and positive EBITDA for the year. Q4FY24 results were also profitable. Our future growth prospects look promising based on our strong unexecuted order book and business fundamentals continuing to improve. The company’s balance sheet has become more resilient through debt reduction, thereby solidifying our stakeholder’s confidence. The market opportunity for renewable EPC players like ours is continuing to grow significantly both in India and internationally, and we are well aligned to capture the growth. As SWREL comes back stronger, we remain confident of delivering an improved performance in terms of growth and revenues over the next few quarters.”

“In addition, our prediction is that the growing awareness and resultant action towards opting for cleaner energy sources will lead to higher adoption of renewables, thereby accelerating business momentum. Renewables are essential for a better tomorrow and solar will be at the forefront of this march towards a sustainable future”, he further commented.

 

Result PDF

View Other Company Results

Sterling & Wilson Renewable Energy Ltd shares SWOT Analysis

Strengths (6)

  • Rising Net Cash Flow and Cash from Operating activity
  • Growth in Net Profit with increasing Profit Margin (QoQ)
  • Growth in Quarterly Net Profit with increasing Profit Margin (YoY)

Weakness (2)

  • Red Flag: High Interest Payments Compared to Earnings
  • Low Piotroski Score : Companies with weak financials

Opportunity (4)

  • Turnaround companies- loss to profit QoQ
  • Negative to Positive growth in Sales and Profit with Strong Price momentum
  • Highest Recovery from 52 Week Low

Threats (1)

  • Promoter decreasing their shareholding

Resistance and support

R1 755.5
R2 773.7
R3 784.0
Pivot

745.25

S1 727.1
S2 716.8
S3 698.6
EMA SMA
739.2
695.7
628.5
539.3
738.2
690.8
626.2
495.5
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
PLUTUS WEALTH MANAGEMENT LLP Bulk Purchase 2023-12-15 410 2500000 NSE
SHAPOORJI PALLONJI AND COMPANY PRIVATE LIMITED Bulk Sell 2023-12-15 415.46 3914279 NSE
KHURSHED YAZDI DARUVALA Bulk Sell 2023-08-18 345.34 1000000 NSE
Name Category Shares
Kainaz K Daruvala PROMOTER 5.57%
Reliance New Energy Limited PROMOTER 32.54%
Shapoorji Pallonji And Company Private Limited PROMOTER 12.74%
Khurshed Yazdi Daruvala PROMOTER 1.48%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Sterling & Wilson Renewable Energy Ltd Stocks COMPARISON

Financials( in Cr) Sterling & Wilson Renewable Energy Ltd Lakshmi Machine Works Ltd Azad Engineering Ltd Tega Industries Ltd HMT Ltd
Price 737.30 16,659.00 1,927.45 1,621.00 57.41
% Change -1.73 0.23 -2.74 -2.43 0.14
Mcap Cr 17,193.98 17,796.81 11,393.74 10,785.32 6,912.69
Revenue TTM Cr 2,015.01 4,719.15 251.68 1,213.97 203.81
Net Profit TTM Cr -1,174.96 384.02 8.47 184.03 -122.90
PE TTM 0.00 47.56 199.98 56.78 0.00
1 Year Return 141.14 30.10 184.49 75.28 92.01
ROCE 0.00 20.40 15.86 21.27 0.00
ROE 0.00 17.74 5.23 20.62 0.00
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: -225.08 Cr FV: 1.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 32,174.76 13,274.51
LAST 3M 100,774.38 -18,853.99
LAST 6M 177,467.27 -3,043.74
LAST 12M 289,801.20 99,689.80

Sterling & Wilson Renewable Energy Ltd Information

Stock PE (TTM)
0
Promoter Holding
52.94%
Book Value
41.5483
ROCE
0%
ROE
0%
Registered Address

9th Floor Universal Majectic, P L Lokhande Marg Chembur (W), Mumbai, Maharashtra, 400043

Tel : 91-22-25485300
Email : ir:sterlingwilson.com
Website : http://www.sterlingandwilsonsolar.com
Registrar

Link Intime India Pvt Ltd

AGM Date (Month) : Jul
Face Value Equity Shares : 1
Market Lot Equity Shares : 1
BSE Code : 542760
NSE Code : SWSOLAR
Book Closure Date (Month) :
BSE Group : A
ISIN : INE00M201021

FAQ’s on Sterling & Wilson Renewable Energy Ltd Shares

You can buy Sterling & Wilson Renewable Energy Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Sterling & Wilson Renewable Energy Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jun 20, 2024 04:03 PM the closing price of Sterling & Wilson Renewable Energy Ltd was Rs.737.30.

The latest PE ratio of Sterling & Wilson Renewable Energy Ltd as of Jun 20, 2024 04:03 PM is 0.00

The latest PB ratio of Sterling & Wilson Renewable Energy Ltd as of Jun 20, 2024 04:03 PM is 0.06

The 52-week high of Sterling & Wilson Renewable Energy Ltd share price is Rs. 828.00 while the 52-week low is Rs. 253.00

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jun 20, 2024 04:03 PM, the market cap of Sterling & Wilson Renewable Energy Ltd stood at Rs. 17,193.98.

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