Quarterly Result15 Jan 2026, 03:42 pm
Sterling and Wilson Renewable Energy Revises Order Inflow Guidance To More Than INR 11,000 Cr for FY26
AI Summary
Sterling and Wilson Renewable Energy Limited (SWREL) announced its results for the third quarter of FY26, reporting an impressive ~48% YoY growth in top-line, reaching INR 5,602 crore in 9MFY26. The company's operational EBITDA for the first 9 months is INR 289 crore, a significant increase from INR 134 crore in QMFY25. SWREL has revised its new order inflow guidance for Fiscal 2026 to more than INR 11,000 crore (+60% YoY) due to continued ordering momentum. The company also secured a marquee order from Adani Green and signed a strategic 5-year framework agreement with them.
Key Highlights
- New orders of INR 3,086 crore in Q3 and a robust pipeline for Q4, leading to a revised order booking guidance of over INR 11,000 crore this fiscal
- Unexecuted Order Value (UOV) has soared to ~INR 10,413 crore driven by strong order inflows of INR 6,929 crore in the first 9 months
- Top-line growth continues to remain robust at INR 5,602 crore in 9MFY26 vis-a-vis INR 3,783 crore in 9MFY25, which is ~48% YoY growth
- Secured a marquee order from Adani Green and signed a strategic 5-year framework agreement with them
- Continued order inflows and growing opportunities across domestic and international markets, underscoring the strong potential of the business