Sterling & Wilson Renewable Energy Ltd: Intrinsic Value & Share Price Analysis

Q: What is the current share price and 52-week range of Sterling & Wilson Renewable Energy Ltd?

Sterling & Wilson Renewable Energy Ltd is trading at 212.00 as of 05 May 2026, with a FY2026-2027 high of 349 and low of 148. The stock is currently in the middle of its 52-week range. Market cap stands at 4,952 Cr..

Q: Is Sterling & Wilson Renewable Energy Ltd financially healthy?

Key indicators: ROCE of 26.2 % indicates efficient capital utilization. Dividend yield is 0.00 %.

Fair Value

₹135.34Overvalued by 36.16%vs CMP ₹212.00

P/E (19.0) × ROE (31.4%) × BV (₹27.80) × DY (2.00%)

₹126.89Overvalued by 40.15%vs CMP ₹212.00

MoS: -67.1% (Negative)Confidence: 50/100 (Moderate)Models: 2 Under, 5 Over

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹271.18	30%	Under (+27.9%)
Graham Number	Earnings	₹46.72	18%	Over (-78%)
DCF	Cash Flow	₹37.84	14%	Over (-82.2%)
Net Asset Value	Assets	₹20.12	10%	Over (-90.5%)
EV/EBITDA	Enterprise	₹66.53	12%	Over (-68.6%)
Earnings Yield	Earnings	₹34.90	10%	Over (-83.5%)
Revenue Multiple	Revenue	₹269.79	7%	Under (+27.3%)
Consensus (7 models)		₹126.89	100%	Overvalued

Key Drivers: EPS CAGR 100.4% lifts DCF — verify sustainability. | Wide model spread (₹20–₹271) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 100.4%

*Investments are subject to market risks

Analyst Summary

Sterling & Wilson Renewable Energy Ltd operates in the Engineering - General segment, NSE: SWSOLAR | BSE: 542760, current market price is ₹212.00, market cap is 4,952 Cr.. At a glance, stock P/E is 19.0, ROE is 31.4 %, ROCE is 26.2 %, book value is 27.8, dividend yield is 0.00 %. The latest intrinsic value estimate is ₹126.89, around 40.1% below the current price, so expectations may already be running ahead of this modelled fair value. On operating trend, latest reported sales are about ₹6,302 Cr versus the prior period change of 107.6%, while latest net profit is about ₹86 Cr with a prior-period change of 140.8%. The 52-week range shown on this page is 349/148, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisSterling and Wilson Renewable Energy Ltd. is a Public Limited Listed company incorporated on 09/03/2017 and has its registered office in the State of Maharashtra, India. Company's Corporate Identifica…

This summary is generated from the stock page data available for Sterling & Wilson Renewable Energy Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

Sterling & Wilson Renewable Energy Ltd scores 61/100 (Average)

Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison

Stock Health59/100 · Moderate

ROCE 26.2% ExcellentROE 31.4% ExcellentD/E 0.70 ModerateInterest Coverage 0.0x RiskyProfitable 1/5 years Inconsistent

Smart Money20/100 · Weak

FII holding down -1.24% (6mo) SellingDII holding down 4.52% MF sellingPromoter holding at 45.7% Stable

Earnings Quality75/100 · Strong

OPM expanding (-37% → 2%) ImprovingWorking capital: 25 days (improving) Efficient

Quarterly Momentum60/100 · Moderate

Revenue (4Q): +64% YoY AcceleratingProfit (4Q): -1,297% YoY Declining

Industry Rank70/100 · Strong

P/E 19.0 vs industry 43.1 Cheaper than peersROCE 26.2% vs industry 37.7% AverageROE 31.4% vs industry 24.0% Above peers3Y sales CAGR: 7% Slow

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: May 5, 2026, 1:04 am

Market Cap	4,952 Cr.
Current Price	212
Intrinsic Value	₹126.89
High / Low	349/148
Stock P/E	19.0
Book Value	27.8
Dividend Yield	0.00 %
ROCE	26.2 %
ROE	31.4 %
Face Value	1.00
PEG Ratio	0.19

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Sterling & Wilson Renewable Energy Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Sterling & Wilson Renewable Energy Ltd	4,952 Cr.	212	349/148	19.0	27.8	0.00 %	26.2 %	31.4 %	1.00
Skipper Ltd	5,548 Cr.	491	588/300	25.8	131	0.02 %	23.3 %	16.2 %	1.00
Bondada Engineering Ltd	3,761 Cr.	337	510/215	18.5	62.2	0.03 %	38.7 %	35.7 %	2.00
Pitti Engineering Ltd	3,761 Cr.	1,003	1,070/675	35.9	243	0.15 %	15.7 %	15.9 %	5.00
Balu Forge Industries Ltd	6,802 Cr.	561	784/341	26.6	109	0.03 %	31.3 %	25.4 %	10.0
Industry Average	4,368.43 Cr	512.59		43.05	119.46	0.29%	37.69%	24.02%	6.04

All Competitor Stocks of Sterling & Wilson Renewable Energy Ltd

Quarterly Result

Metric	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	406.96	88.43	514.96	759.52	582.88	1,178.01	915.06	1,030.49	1,837.20	2,519.11	1,761.63	1,748.60	2,092.21
Expenses	470.77	440.55	552.17	758.05	599.06	1,148.66	890.38	1,012.34	1,766.87	2,385.54	1,676.17	1,744.68	2,025.26
Operating Profit	-63.81	-352.12	-37.21	1.47	-16.18	29.35	24.68	18.15	70.33	133.57	85.46	3.92	66.95
OPM %	-15.68%	-398.19%	-7.23%	0.19%	-2.78%	2.49%	2.70%	1.76%	3.83%	5.30%	4.85%	0.22%	3.20%
Other Income	10.69	-2.07	7.39	17.21	27.43	33.39	12.83	33.96	5.47	-12.66	21.11	-469.05	-12.26
Interest	37.91	59.50	62.09	64.34	67.55	24.54	18.84	28.21	31.34	31.06	29.09	35.55	47.44
Depreciation	4.11	3.83	3.42	4.29	4.49	4.46	4.01	3.83	3.37	3.13	2.81	2.73	2.86
Profit before tax	-95.14	-417.52	-95.33	-49.95	-60.79	33.74	14.66	20.07	41.09	86.72	74.67	-503.41	4.39
Tax %	4.21%	0.86%	-0.01%	9.13%	2.63%	95.85%	67.05%	57.30%	58.29%	36.57%	48.19%	-5.12%	64.69%
Net Profit	-99.15	-421.11	-95.32	-54.51	-62.39	1.40	4.83	8.57	17.14	55.01	38.69	-477.62	1.55
EPS in Rs	-5.34	-22.01	-5.03	-2.86	-2.73	0.06	0.18	0.30	0.64	2.37	1.37	-20.26	-0.12

Last Updated: February 4, 2026, 1:46 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 25, 2026, 11:46 pm

Metric	Mar 2018n n 13m	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	6,872	8,240	5,575	5,081	5,199	2,015	3,035	6,302	8,122
Expenses	6,330	7,582	5,246	5,458	6,102	3,139	3,043	6,038	7,832
Operating Profit	542	658	329	-377	-903	-1,124	-7	264	290
OPM %	8%	8%	6%	-7%	-17%	-56%	-0%	4%	4%
Other Income	13	209	303	158	95	111	85	40	-473
Interest	23	100	220	105	87	151	234	127	143
Depreciation	3	8	14	17	15	15	17	14	12
Profit before tax	529	759	398	-340	-910	-1,179	-172	163	-338
Tax %	15%	16%	24%	-15%	1%	-0%	22%	47%
Net Profit	451	638	304	-290	-916	-1,175	-211	86	-382
EPS in Rs	281.98	39.85	19.34	-17.80	-47.94	-61.65	-9.09	3.49	-16.64
Dividend Payout %	-0%	-0%	31%	-0%	-0%	-0%	-0%	-0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	-52.35%	-195.39%	-215.86%	-28.28%	82.04%	140.76%
Change in YoY Net Profit Growth (%)	0.00%	-143.04%	-20.47%	187.59%	110.32%	58.72%

Sterling & Wilson Renewable Energy Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 6 years from 2019-2020 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	2%
3 Years:	7%
TTM:	108%

Compounded Profit Growth
10 Years:	%
5 Years:	-24%
3 Years:	28%
TTM:	197%

Stock Price CAGR
10 Years:	%
5 Years:	0%
3 Years:	-5%
1 Year:	-64%

Return on Equity
10 Years:	%
5 Years:	-74%
3 Years:	-76%
Last Year:	8%

Last Updated: September 5, 2025, 1:36 pm

Balance Sheet

Last Updated: December 4, 2025, 2:02 am

Month	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	16	16	16	16	19	19	23	23	23
Reserves	181	825	1,065	646	898	-244	946	984	447
Borrowings	184	2,228	1,234	479	446	2,030	516	936	1,226
Other Liabilities	4,540	2,323	2,719	2,568	2,137	1,386	2,816	3,687	3,163
Total Liabilities	4,920	5,392	5,034	3,709	3,500	3,190	4,301	5,630	4,859
Fixed Assets	21	31	45	46	42	44	56	46	41
CWIP	3	0	4	0	0	0	0	0	0
Investments	0	0	0	0	0	0	0	0	0
Other Assets	4,896	5,360	4,985	3,663	3,457	3,146	4,244	5,584	4,818
Total Assets	4,920	5,392	5,034	3,709	3,500	3,190	4,301	5,630	4,859

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity +	251	-723	338	201	-1,690	-1,829	538	38	-257
Cash from Investing Activity +	-15	-924	1,018	409	949	-12	-5	-75	-107
Cash from Financing Activity +	-141	1,972	-1,313	-853	978	1,431	-286	317	103
Net Cash Flow	95	325	43	-243	238	-410	248	280	-261
Free Cash Flow	233	-732	323	185	-1,700	-1,838	538	34	-268
CFO/OP	61%	-94%	142%	-70%	185%	161%	-6,962%	43%	-68%

Free Cash Flow

Month	Mar 2018n n 13m	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	542.00	656.00	328.00	-856.00	-1,349.00	-3.00	-523.00	-672.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	97	84	133	61	55	143	100	73
Inventory Days	1
Days Payable	253
Cash Conversion Cycle	-155	84	133	61	55	143	100	73
Working Capital Days	13	14	33	13	17	32	89	25
ROCE %		50%	23%	-14%	-66%	-65%	4%	17%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	72.73%	69.03%	67.56%	52.99%	52.94%	52.92%	45.75%	45.74%	45.74%	45.74%	45.73%	45.73%
FIIs	4.13%	4.26%	3.37%	11.91%	10.50%	10.07%	14.08%	10.39%	8.43%	8.41%	7.11%	7.19%
DIIs	5.55%	5.57%	5.94%	9.75%	10.64%	9.08%	9.70%	9.82%	7.50%	5.02%	3.18%	2.98%
Public	17.61%	21.14%	23.14%	25.34%	25.91%	27.95%	30.47%	34.05%	38.33%	40.83%	44.00%	44.11%
No. of Shareholders	1,54,150	1,53,128	1,58,649	1,48,994	1,96,308	2,44,763	2,73,662	3,14,074	3,40,026	3,53,316	3,66,222	3,54,219

Shareholding Pattern Chart

No. of Shareholders

Sterling & Wilson Renewable Energy Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
HDFC Large and Mid Cap Fund	800,000	0.06	15.84	N/A	N/A	N/A

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	1.00	1.00	1.00	1.00	1.00
Basic EPS (Rs.)	3.49	-10.40	-61.65	-54.21	-17.80
Diluted EPS (Rs.)	3.49	-10.40	-61.65	-54.21	-17.80
Cash EPS (Rs.)	4.28	-8.32	-61.16	-47.50	-17.05
Book Value[Excl.RevalReserv]/Share (Rs.)	43.13	41.56	-12.67	47.75	41.01
Book Value[Incl.RevalReserv]/Share (Rs.)	43.13	41.56	-12.67	47.75	41.01
Revenue From Operations / Share (Rs.)	269.89	130.16	106.22	274.06	316.76
PBDIT / Share (Rs.)	12.26	2.70	-53.72	-43.16	-14.37
PBIT / Share (Rs.)	11.65	1.98	-54.50	-43.94	-15.40
PBT / Share (Rs.)	6.96	-7.39	-62.14	-47.98	-21.20
Net Profit / Share (Rs.)	3.66	-9.04	-61.94	-48.27	-18.08
NP After MI And SOA / Share (Rs.)	3.49	-9.09	-61.65	-47.94	-17.79
PBDIT Margin (%)	4.54	2.07	-50.57	-15.74	-4.53
PBIT Margin (%)	4.31	1.52	-51.30	-16.03	-4.86
PBT Margin (%)	2.57	-5.67	-58.49	-17.50	-6.69
Net Profit Margin (%)	1.35	-6.94	-58.31	-17.61	-5.70
NP After MI And SOA Margin (%)	1.29	-6.98	-58.04	-17.49	-5.61
Return on Networth / Equity (%)	8.08	-21.86	0.00	-99.20	-43.11
Return on Capital Employeed (%)	17.09	3.68	-210.97	-88.73	-35.63
Return On Assets (%)	1.44	-4.92	-36.65	-25.98	-7.69
Long Term Debt / Equity (X)	0.52	0.25	-3.11	0.00	0.00
Total Debt / Equity (X)	0.89	0.49	-8.95	0.47	0.70
Asset Turnover Ratio (%)	1.27	0.81	0.38	0.90	0.72
Current Ratio (X)	1.28	1.35	1.10	1.29	1.16
Quick Ratio (X)	1.28	1.35	1.10	1.29	1.15
Inventory Turnover Ratio (X)	3360.99	0.00	329.26	481.17	230.66
Interest Coverage Ratio (X)	2.62	0.28	-7.03	-10.67	-2.48
Interest Coverage Ratio (Post Tax) (X)	1.78	0.03	-7.11	-10.94	-2.12
Enterprise Value (Cr.)	6027.17	12339.49	7446.64	5941.17	4305.20
EV / Net Operating Revenue (X)	0.95	4.07	3.70	1.14	0.84
EV / EBITDA (X)	21.05	196.33	-7.31	-7.26	-18.68
MarketCap / Net Operating Revenue (X)	0.92	4.02	2.75	1.16	0.81
Price / BV (X)	5.81	12.60	-24.62	6.57	6.24
Price / Net Operating Revenue (X)	0.92	4.02	2.75	1.16	0.81
EarningsYield	0.01	-0.01	-0.21	-0.15	-0.06

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Sterling and Wilson Renewable Energy Ltd. is a Public Limited Listed company incorporated on 09/03/2017 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L74999MH2017PLC292281 and registration number is 292281. Currently Company is involved in the business activities of Construction and maintenance of power plants. Company's Total Operating Revenue is Rs. 6163.81 Cr. and Equity Capital is Rs. 23.35 Cr. for the Year ended 31/03/2026.

INDUSTRY	ADDRESS	CONTACT
Engineering - General	9th Floor, Universal Majestic, Mumbai Maharashtra 400043	Contact not found

Management
Name	Position Held
Mr. Khurshed Yazdi Daruvala	Chairman, Non Ind & Non Exe Director
Mr. Balanadu Narayan	Non Exe.Non Ind.Director
Mr. Saurabh Agarwal	Non Exe.Non Ind.Director
Mr. Umesh Khanna	Non Exe.Non Ind.Director
Mr. Rahul Dutt	Ind. Non-Executive Director
Ms. Rukhshana Jina Mistry	Ind. Non-Executive Director
Ms. Naina Krishna Murthy	Ind. Non-Executive Director
Mr. Cherag Balsara	Ind. Non-Executive Director

FAQ

What is the intrinsic value of Sterling & Wilson Renewable Energy Ltd and is it undervalued?

As of 05 May 2026, Sterling & Wilson Renewable Energy Ltd's intrinsic value is ₹126.89, which is 40.15% lower than the current market price of ₹212.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (31.4 %), book value (₹27.8), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Sterling & Wilson Renewable Energy Ltd?

Sterling & Wilson Renewable Energy Ltd is trading at ₹212.00 as of 05 May 2026, with a FY2026-2027 high of ₹349 and low of ₹148. The stock is currently in the middle of its 52-week range. Market cap stands at ₹4,952 Cr..

How does Sterling & Wilson Renewable Energy Ltd's P/E ratio compare to its industry?

Sterling & Wilson Renewable Energy Ltd has a P/E ratio of 19.0, which is below the industry average of 43.05. Trading at a steep discount to peers could signal a value opportunity or reflect concerns about the company's fundamentals.

Is Sterling & Wilson Renewable Energy Ltd financially healthy?

Key indicators for Sterling & Wilson Renewable Energy Ltd: ROCE of 26.2 % indicates efficient capital utilization; ROE of 31.4 % shows strong shareholder returns. Dividend yield is 0.00 %.

Is Sterling & Wilson Renewable Energy Ltd profitable and how is the profit trend?

Sterling & Wilson Renewable Energy Ltd reported a net profit of ₹86 Cr in Mar 2025 on revenue of ₹6,302 Cr. Compared to ₹-916 Cr in Mar 2022, the net profit shows an improving trend.

Does Sterling & Wilson Renewable Energy Ltd pay dividends?

Sterling & Wilson Renewable Energy Ltd has a dividend yield of 0.00 % at the current price of ₹212.00. The company is currently not paying meaningful dividends.