Sterling and Wilson Renewable Energy logo

Sterling and Wilson Renewable Energy share price

NSE: SWSOLARBSE: 542760ConstructionSmall Cap

Formerly Sterling and Wilson Solar
Last close ₹142.13down ₹6.30 (4.24%)BSE ₹142.40

Share price at the NSE close on 23 Oct 2026. Previous close ₹148.43.

52-week range of traded prices to 23 Oct 2026
₹139.24Low, 23 Oct 2026₹260.80High, 23 Jun 2026
Market cap
₹3,319 Cr810th largest listed
P/E
16.2
P/E without one-offs
14.1
P/B
4.6
Dividend yield
Nonein the last 12 months
ROE
34.4%
ROE without one-offs
39.6%
ROCE
20.4%
Debt to equity
1.28
Volume, NSE
20,39,94742.5% delivered

Share price

Daily closes since Aug 2019, adjusted for splits and bonuses

−37.8%over a year

Results20-session average 11,21,911 shares a day, 40.5% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Sep 2026, against the quarter beforeFiled 15 Oct

Revenue
₹1,528 Crdown 3.94%
Net profit
₹17 Crdown 68.43%
Net margin
1.1%

Revenue by year

Peak revenue ₹7,548 Cr, year to Mar 2026

Net profit by year, a loss in red

  • Net profit
  • Loss
A loss in the year to Mar 2026, −₹296 CrA loss in 5 of the 7 years shown
₹ croreDec 2024Filed 16 JanMar 2025Filed 12 JunJun 2025Filed 17 JulSep 2025Filed 17 OctDec 2025Filed 15 JanMar 2026Filed 23 AprJun 2026Filed 16 JulSep 2026Filed 15 Oct
Revenue1,8372,5191,7621,7492,0921,9461,5901,528
Net profit175539−47821425317
Net margin0.9%2.2%2.2%−27.3%0.1%7.3%3.4%1.1%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • EPC business₹7,277 Crup 20.01%96.4%
  • Operation and maintenance service₹268 Crup 13.69%3.6%
  • Other operating income₹2 Cr0.0%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history.PE ratio and valuation history

Price to book

At or below today's level on 0.1% of 927 trading days over the last 5 years.

LowestHighest
Its median9.1Industry median1.4
EV to EBITDA11.4

At or below today's level on 0.2% of 562 trading days over the last 3 years.

LowestHighest
Its median21.1Industry median10.9
Dividend yield

At or below today's level on 86% of 1,741 trading days since Oct 2019.

LowestHighest
Its median0.00%Industry median0.75%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−40.5%––0.0%
3 years−20.1%––0.0%
5 years−10.4%––0.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters45.72%
  • Foreign institutions3.75%
  • Indian institutions5.33%
  • Individuals and others45.20%
Holder
Reliance New Energy LimitedPromoter32.49%
Shapoorji Pallonji and Company Private LimitedPromoter6.94%
Kainaz K DaruvalaPromoter5.57%
Aditya Birla Sun Life Insurance Company LimitedInsurance companies4.39%
Pallon Shapoor MistryPromoter0.31%
Rohiqa Cyrus MistryPromoter0.29%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

9 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 7 of the 7 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.

Added
2
Cut
5
Held unchanged
2
Fund
HDFC Mutual Fund logoHDFC Infrastructure FundHDFC Mutual Fund8,13,6640.62%₹13.9 Cr
HDFC Mutual Fund logoHDFC Large & Mid Cap FundHDFC Mutual Fund8,00,0000.05%₹13.7 Cr
Motilal Oswal Mutual Fund logoMotilal Oswal Nifty Microcap 250 Index FundMotilal Oswal Mutual Fund3,43,9460.24%₹5.89 Cr
Groww Mutual Fund logoGroww Nifty Total Market Index FundGroww Mutual Fund2,2480.01%₹0.04 Cr
Angel One Mutual Fund logoAngel One Nifty Total Market Index FundAngel One Mutual Fund3750.01%₹64,190
Motilal Oswal Mutual Fund logoMotilal Oswal BSE 1000 Index FundMotilal Oswal Mutual Fund3720.01%₹64,000
Mirae Asset Mutual Fund logoMirae Asset Nifty Total Market Index FundMirae Asset Mutual Fund3090.01%₹53,000
Bandhan Mutual Fund logoBandhan Nifty Total Market Index FundBandhan Mutual Fund2680.01%₹46,000
Angel One Mutual Fund logoAngel One Nifty Total Market ETFAngel One Mutual Fund2610.01%₹44,680
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Civil Construction, 170 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Sterling and Wilson Renewable Energy in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Hindustan Construction Company logoHindustan Construction CompanyHCC4,55327.42.110.4−20.6%0.0%10.9%14.9%0.00%
Ahluwalia Contracts (India) logoAhluwalia Contracts (India)AHLUCONT3,61816.11.87.1+12.0%+1.0%11.7%13.9%0.13%
LCC ProjectsLCCPROJECT3,465–––––––0.00%
PNC Infratech logoPNC InfratechPNCINFRA3,4544.70.54.9−6.5%+9.0%11.4%9.7%0.45%
J.Kumar Infraprojects logoJ.Kumar InfraprojectsJKIL3,1858.40.93.8−2.5%−6.7%11.9%15.5%0.95%
Vindhya Telelinks logoVindhya TelelinksVINDHYATEL2,93512.40.717.6−17.5%+2.2%5.7%3.9%0.24%
PSP Projects logoPSP ProjectsPSPPROJECT2,90239.52.312.8+44.8%+231.4%5.9%8.0%0.00%
Ashoka Buildcon logoAshoka BuildconASHOKA2,7651.10.42.3−24.6%+39.0%––0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹6.00 a share, year to Mar 2020.
Ex-dateTypePer share
24 Feb 2020Interim₹6.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Sterling and Wilson Renewable Energy share price by year

Each calendar year to 2025.Sterling and Wilson Renewable Energy share price history

YearClose at year endChangeHighest closeLowest close
2025214.18−53.3%471.65202.32
2024458.90+6.1%820.65441.90
2023432.35+61.8%443.05259.55
2022267.25−30.1%417.75259.15
2021382.40+47.2%469.50220.90
2020259.75−19.7%331.7573.35
2019323.30–726.20247.75
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2019 is from its first session, 20 Aug 2019.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026148.43149.89139.24142.13143.8420,39,94742.5%
22 Oct 2026151.39153.90147.90148.43150.2511,38,31038.8%
21 Oct 2026160.21160.45152.00152.44154.5515,03,56844.9%
19 Oct 2026164.70164.70159.40160.21161.678,51,85638.9%
16 Oct 2026170.00170.00164.00165.47167.3320,80,08534.5%
15 Oct 2026172.50177.35169.80174.96173.3514,49,37242.5%
14 Oct 2026170.00175.47169.03171.74172.7113,08,16842.7%
13 Oct 2026167.77170.01163.80168.53166.667,05,26934.5%
12 Oct 2026163.79168.51163.00167.77165.7411,16,48838.8%
9 Oct 2026163.50163.85159.50162.12161.748,15,78135.8%
Prices in ₹ per share as traded, not adjusted.

Company details

Legal name
Sterling and Wilson Renewable Energy Limited
NSE symbol
SWSOLAR
BSE code
542760
ISIN
INE00M201021
Industry
Construction
Listed
Aug 2019
Face value
₹1
CIN
L74999MH2017PLC292281
Corporate identity number, the registrar of companies' code for it