Sterling & Wilson Renewable Energy Ltd (SWREL), a flagship entity of the Shapoorji Pallonji Group, is a globally renowned leader in solar engineering, procurement, and construction (EPC) solutions. With an unwavering commitment to advancing renewable energy, the company specializes in the design, construction, and maintenance of solar power projects, offering end-to-end solutions to its clients. Over the years, SWREL has established a formidable global presence, having executed projects in 25 countries and achieving an impressive cumulative portfolio exceeding 11.6 GWp (Gigawatt peak). The company’s expertise, bolstered by cutting-edge technology and a robust team, has positioned it as a preferred partner for large-scale solar installations worldwide.
SWREL’s portfolio boasts landmark projects that underscore its technical prowess and execution capabilities. Among its achievements is the 1,177 MWp Sweihan project in the UAE, one of the largest single-site solar power plants in the world, showcasing its ability to handle mega-scale ventures with precision. Similarly, the 580 MWp Rajasthan project in India exemplifies its contribution to advancing renewable energy in key markets. Through its innovative solutions and commitment to sustainability, SWREL continues to play a pivotal role in the global transition towards cleaner energy sources, cementing its reputation as a leader in the renewable energy domain.
Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | |
Promoters + | 67.56% | 52.99% | 52.94% | 52.92% | 45.75% |
FIIs + | 3.37% | 11.91% | 10.50% | 10.07% | 14.08% |
DIIs + | 5.94% | 9.75% | 10.64% | 9.08% | 9.70% |
Public + | 23.14% | 25.34% | 25.91% | 27.95% | 30.47% |
No. of Shareholders | 1,58,649 | 1,48,994 | 1,96,308 | 2,44,763 | 2,73,662 |
The shareholding pattern of Sterling & Wilson Renewable Energy Ltd (SWREL) underwent notable shifts between September 2023 and September 2024, reflecting dynamic investor engagement and evolving ownership trends. The promoters’ stake significantly decreased from 67.56% in September 2023 to 45.75% in September 2024, possibly due to strategic divestments or stake dilution. In contrast, Foreign Institutional Investors (FIIs) demonstrated increased confidence in the company, with their holdings rising sharply from 3.37% to 14.08% over the same period, indicating growing international interest in SWREL’s renewable energy initiatives. Domestic Institutional Investors (DIIs) also remained key stakeholders, with their shareholding showing minor fluctuations but settling at 9.70% in September 2024. Public shareholding exhibited a consistent upward trajectory, increasing from 23.14% in September 2023 to 30.47% by September 2024, reflecting heightened interest from retail investors. Alongside these changes, the total number of shareholders expanded significantly, growing from 1,58,649 to 2,73,662, further underscoring the rising appeal of Sterling & Wilson Renewable Energy Ltd as a leading player in the global renewable energy market.
Below are the trading platforms that you can use to purchase Sterling & Wilson Renewable Energy shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
When | Maximum Price | Minimum Price |
January 2025 | 516.99 | 397.68 |
February 2025 | 522.21 | 401.70 |
March 2025 | 533.18 | 410.14 |
April 2025 | 527.90 | 406.08 |
May 2025 | 512.52 | 394.25 |
June 2025 | 535.59 | 411.99 |
July 2025 | 525.08 | 403.91 |
August 2025 | 541.32 | 416.40 |
September 2025 | 547.82 | 421.40 |
October 2025 | 562.06 | 432.36 |
November 2025 | 576.12 | 443.17 |
December 2025 | 602.04 | 463.11 |
As we move through 2025, the share prices of Sterling & Wilson Renewable Energy are expected to show an upward trend. Starting in January with a maximum of ₹516.99 and a minimum of ₹397.68, prices may steadily rise to ₹602.04 and ₹463.11 by December.
When | Maximum Price | Minimum Price |
January 2026 | 620.10 | 477.00 |
February 2026 | 604.60 | 465.08 |
March 2026 | 616.69 | 474.38 |
April 2026 | 629.28 | 484.06 |
May 2026 | 623.05 | 479.27 |
June 2026 | 638.62 | 491.25 |
July 2026 | 626.10 | 481.62 |
August 2026 | 645.46 | 496.51 |
September 2026 | 658.37 | 506.44 |
October 2026 | 675.49 | 519.61 |
November 2026 | 692.38 | 532.60 |
December 2026 | 709.69 | 545.91 |
As we progress through 2026, the share prices of Sterling & Wilson Renewable Energy are projected to exhibit steady growth. In January, prices are expected to range between a maximum of ₹620.10 and a minimum of ₹477.00. By December, they may climb further to a peak of ₹709.69 and a low of ₹545.91.
When | Maximum Price | Minimum Price |
January 2027 | 716.78 | 551.37 |
February 2027 | 735.16 | 565.51 |
March 2027 | 763.84 | 587.57 |
April 2027 | 748.86 | 576.04 |
May 2027 | 727.05 | 559.27 |
June 2027 | 759.76 | 584.43 |
July 2027 | 744.87 | 572.97 |
August 2027 | 767.90 | 590.70 |
September 2027 | 794.78 | 611.37 |
October 2027 | 815.44 | 627.27 |
November 2027 | 835.83 | 642.95 |
December 2027 | 856.73 | 659.02 |
When | Maximum Price | Minimum Price |
January 2028 | 873.86 | 672.20 |
February 2028 | 896.27 | 689.44 |
March 2028 | 931.22 | 716.32 |
April 2028 | 912.96 | 702.28 |
May 2028 | 886.37 | 681.82 |
June 2028 | 926.26 | 712.51 |
July 2028 | 908.10 | 698.54 |
August 2028 | 936.18 | 720.14 |
September 2028 | 968.95 | 745.34 |
October 2028 | 994.14 | 764.72 |
November 2028 | 1,018.99 | 783.84 |
December 2028 | 1,044.47 | 803.44 |
When | Maximum Price | Minimum Price |
January 2029 | 1,065.36 | 819.51 |
February 2029 | 1,092.68 | 840.52 |
March 2029 | 1,135.29 | 873.30 |
April 2029 | 1,113.03 | 856.18 |
May 2029 | 1,080.61 | 831.24 |
June 2029 | 1,129.24 | 868.65 |
July 2029 | 1,107.10 | 851.61 |
August 2029 | 1,141.34 | 877.95 |
September 2029 | 1,181.28 | 908.68 |
October 2029 | 1,212.00 | 932.31 |
November 2029 | 1,242.30 | 955.61 |
December 2029 | 1,273.35 | 979.50 |
When | Maximum Price | Minimum Price |
January 2030 | 1,298.82 | 999.09 |
February 2030 | 1,332.12 | 1,024.71 |
March 2030 | 1,384.08 | 1,064.67 |
April 2030 | 1,356.94 | 1,043.80 |
May 2030 | 1,317.42 | 1,013.40 |
June 2030 | 1,376.70 | 1,059.00 |
July 2030 | 1,349.71 | 1,038.24 |
August 2030 | 1,391.45 | 1,070.35 |
September 2030 | 1,440.15 | 1,107.81 |
October 2030 | 1,477.59 | 1,136.61 |
November 2030 | 1,514.53 | 1,165.03 |
December 2030 | 1,552.40 | 1,194.15 |
In 2030, the share prices of Sterling & Wilson Renewable Energy are anticipated to showcase substantial growth. Starting in January, prices are projected to peak at ₹1,298.82 and reach a low of ₹999.09. This upward trajectory continues, with February expected to see a high of ₹1,332.12 and a low of ₹1,024.71. By December, the maximum price is forecasted to reach ₹1,552.40, with a minimum of ₹1,194.15.
Financial Condition of Sterling & Wilson Renewable Energy
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
Sales + | 5,575 | 5,081 | 5,199 | 2,015 | 3,035 | 3,706 |
Expenses + | 5,246 | 5,458 | 6,102 | 3,139 | 3,043 | 3,650 |
Operating Profit | 329 | -377 | -903 | -1,124 | -7 | 56 |
OPM % | 6% | -7% | -17% | -56% | 0% | 2% |
Other Income + | 303 | 158 | 95 | 111 | 85 | 108 |
Interest | 220 | 105 | 87 | 151 | 234 | 139 |
Depreciation | 14 | 17 | 15 | 15 | 17 | 17 |
Profit before tax | 398 | -340 | -910 | -1,179 | -172 | 8 |
Tax % | 24% | -15% | 1% | 0% | 22% | |
Net Profit + | 304 | -290 | -916 | -1,175 | -211 | -48 |
EPS in Rs | 19.34 | -17.8 | -47.94 | -61.65 | -9.09 | -2.19 |
Dividend Payout % | 31% | 0% | 0% | 0% | 0% |
The financial performance of Sterling & Wilson Renewable Energy has exhibited significant fluctuations over the years from 2020 to 2024. Sales reached a high of ₹5,575 crore in 2020 but saw a sharp decline to ₹2,015 crore in 2023 before recovering to ₹3,035 crore in 2024. Operating profit, which stood at ₹329 crore in 2020, turned negative in subsequent years, with the largest loss of ₹1,124 crore in 2023. However, a modest recovery was observed in the trailing twelve months (TTM), with an operating profit of ₹56 crore and an operating profit margin (OPM) of 2%.
Net profit followed a similar trend, starting at ₹304 crore in 2020 before turning into losses, peaking at a loss of ₹1,175 crore in 2023. By 2024, the loss narrowed to ₹211 crore. The earnings per share (EPS) dropped from ₹19.34 in 2020 to ₹-61.65 in 2023, improving slightly to ₹-9.09 in 2024. The dividend payout ratio has remained at 0% since 2021, reflecting a focus on conserving resources during challenging times. Overall, Sterling & Wilson Renewable Energy is working towards stabilizing its financials, as evidenced by improving figures in the TTM period.
FAQs
What is Sterling & Wilson Renewable Energy’s current market capitalization?
Sterling & Wilson Renewable Energy’s current market capitalization is ₹10,347 Crores.
The current share price target for Sterling & Wilson Renewable Energy is ₹443.
Sterling & Wilson Renewable Energy’s share price targets for 2025 range from ₹394.25 to ₹602.04.
Sterling & Wilson Renewable Energy’s share price targets for 2030 range from ₹1,194.15 to ₹1,552.40 by December.
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Concluding Insights: Sterling & Wilson Renewable Energy’s Path to Success
In conclusion, Sterling & Wilson Renewable Energy Ltd. has demonstrated resilience despite recent financial challenges. While its sales and profits have faced significant fluctuations, the company is showing positive signs of recovery, particularly with improved operating profit margins and a narrowing net loss in recent periods. The share price projections for the coming years, including 2025 and 2030, reflect optimism, with steady growth anticipated. As the company continues to strengthen its global position in the renewable energy sector and focus on strategic improvements, its financial outlook appears promising, making it a company to watch in the renewable energy space.
What did we learn?
- 1 Shareholdings Patterns of Sterling & Wilson Renewable Energy
- 2 How to Purchase Sterling & Wilson Renewable Energy Shares in India?
- 3 Sterling & Wilson Renewable Energy Share Price Prediction 2025 – 2030
- 3.1 Sterling & Wilson Renewable Energy Share Price Target 2025
- 3.2 Sterling & Wilson Renewable Energy Share Price Prediction 2026
- 3.3 Sterling & Wilson Renewable Energy Share Price Target 2027
- 3.4 Sterling & Wilson Renewable Energy Share Price Target 2028
- 3.5 Sterling & Wilson Renewable Energy Share Price Target 2029
- 3.6 Sterling & Wilson Renewable Energy Share Price Prediction 2030
- 4 Financial Condition of Sterling & Wilson Renewable Energy
- 5 FAQs
- 5.1 What is Sterling & Wilson Renewable Energy’s current market capitalization?
- 5.2 What is the current share price target for Sterling & Wilson Renewable Energy?
- 5.3 What is Sterling & Wilson Renewable Energy’s share price target for 2025?
- 5.4 What is Sterling & Wilson Renewable Energy’s share price target for 2030?
- 6 Concluding Insights: Sterling & Wilson Renewable Energy’s Path to Success