Sterling and Wilson Renewable Energy Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Sterling and Wilson Renewable Energy reported Q1 FY27 revenue of Rs 1,590 crore, lower both sequentially and year-on-year due to slower execution in the international EPC segment. The company closed the quarter with its highest-ever unexecuted order value of Rs 13,000 crore, including a new Rs560 million joint venture award for the West Minya solar-plus-storage project in Egypt. Management said gross margins were 9.9% for the quarter, O&M revenue grew around 40% year-on-year, and PAT grew 36% year-on-year to Rs 53 crore.
Sterling and Wilson Renewable Energy reported FY26 order inflows of over INR10,000 crores, a 43% year-on-year increase, and an unexecuted order value exceeding INR11,800 crores. The company achieved its highest annual turnover since listing at INR7,548 crores, up 20% over FY25, and its highest ever quarterly PAT of INR142 crores in Q4 FY26, though the full year reported a net loss of INR296 crores due to exceptional litigation-related items of INR611 crores. Management discussed ongoing engagement with Reliance New Energy, ongoing US litigation matters, and outlook for order growth, battery storage, and margins.