Sterling and Wilson Renewable Energy Limited
Sterling and Wilson Renewable Energy Limited provides renewable engineering, procurement, and construction (EPC) services in India, Europe, the Middle East, North Africa, rest of Africa, the United States, Latin America, and Australia. It operates through two segments, EPC Business; and Operations and Maintenance (O&M) Service. The company offers design and engineering; project management, long-t… Read more
Sterling and Wilson Renewable Energy Limited (SWSOLAR) - Net Assets
Latest net assets as of September 2025: ₹4.60 Billion INR
Based on the latest financial reports, Sterling and Wilson Renewable Energy Limited (SWSOLAR) has net assets worth ₹4.60 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹48.59 Billion) and total liabilities (₹43.99 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹4.60 Billion |
| % of Total Assets | 9.46% |
| Annual Growth Rate | N/A |
| 5-Year Change | 51.19% |
| 10-Year Change | N/A |
| Growth Volatility | 149.25 |
Sterling and Wilson Renewable Energy Limited - Net Assets Trend (2016–2025)
This chart illustrates how Sterling and Wilson Renewable Energy Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sterling and Wilson Renewable Energy Limited (2016–2025)
The table below shows the annual net assets of Sterling and Wilson Renewable Energy Limited from 2016 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹9.95 Billion | +4.14% |
| 2024-03-31 | ₹9.55 Billion | +497.42% |
| 2023-03-31 | ₹-2.40 Billion | -126.53% |
| 2022-03-31 | ₹9.06 Billion | +37.71% |
| 2021-03-31 | ₹6.58 Billion | -38.67% |
| 2020-03-31 | ₹10.73 Billion | +28.07% |
| 2019-03-31 | ₹8.38 Billion | +331.99% |
| 2018-03-31 | ₹1.94 Billion | +242.45% |
| 2017-03-31 | ₹566.15 Million | +173.58% |
| 2016-03-31 | ₹-769.47 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sterling and Wilson Renewable Energy Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 1309890000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₹233.50 Million | 2.32% |
| Other Comprehensive Income | ₹-2.75 Billion | -27.32% |
| Other Components | ₹25.69 Billion | 255.07% |
| Total Equity | ₹10.07 Billion | 100.00% |
Sterling and Wilson Renewable Energy Limited Competitors by Market Cap
The table below lists competitors of Sterling and Wilson Renewable Energy Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hubei Huaqiang High-Tech Co. Ltd. A
SHG:688151
|
$241.61 Million |
|
Mirae Asset Venture Investment Co. Ltd
KQ:100790
|
$241.66 Million |
|
GnCenergy Co Ltd
KQ:119850
|
$241.68 Million |
|
Sichuan Huiyuan Optical Com
SHE:000586
|
$241.69 Million |
|
Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi AS
IS:BASGZ
|
$241.48 Million |
|
Sichuan Dawn Precision Technology Co Ltd
SHE:300780
|
$241.46 Million |
|
AP Biosciences Inc
TWO:6945
|
$241.37 Million |
|
Australian Ethical Investment Ltd
AU:AEF
|
$241.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sterling and Wilson Renewable Energy Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 9,691,700,000 to 10,070,600,000, a change of 378,900,000 (3.9%).
- Net income of 814,500,000 contributed positively to equity growth.
- Share repurchases of 69,500,000 reduced equity.
- New share issuances of 69,500,000 increased equity.
- Other comprehensive income decreased equity by 493,900,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹814.50 Million | +8.09% |
| Share Repurchases | ₹69.50 Million | -0.69% |
| Share Issuances | ₹69.50 Million | +0.69% |
| Other Comprehensive Income | ₹-493.90 Million | -4.9% |
| Other Changes | ₹58.30 Million | +0.58% |
| Total Change | ₹- | 3.91% |
Book Value vs Market Value Analysis
This analysis compares Sterling and Wilson Renewable Energy Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.92x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-03-31 | ₹-4.80 | ₹168.95 | x |
| 2017-03-31 | ₹3.53 | ₹168.95 | x |
| 2018-03-31 | ₹13.03 | ₹168.95 | x |
| 2019-03-31 | ₹52.44 | ₹168.95 | x |
| 2020-03-31 | ₹67.41 | ₹168.95 | x |
| 2021-03-31 | ₹41.27 | ₹168.95 | x |
| 2022-03-31 | ₹54.65 | ₹168.95 | x |
| 2023-03-31 | ₹-11.87 | ₹168.95 | x |
| 2024-03-31 | ₹47.56 | ₹168.95 | x |
| 2025-03-31 | ₹43.15 | ₹168.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sterling and Wilson Renewable Energy Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.09%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.29%
- • Asset Turnover: 1.12x
- • Equity Multiplier: 5.59x
- Recent ROE (8.09%) is below the historical average (23.41%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 0.00% | 4.58% | 3.84x | 0.00x | ₹1.33 Billion |
| 2017 | 55.52% | 1.92% | 1.52x | 19.05x | ₹257.70 Million |
| 2018 | 230.01% | 6.58% | 1.40x | 25.03x | ₹4.33 Billion |
| 2019 | 75.98% | 7.76% | 1.53x | 6.41x | ₹5.55 Billion |
| 2020 | 28.68% | 5.56% | 1.11x | 4.66x | ₹2.02 Billion |
| 2021 | -43.12% | -5.65% | 1.36x | 5.60x | ₹-3.52 Billion |
| 2022 | -99.20% | -17.50% | 1.48x | 3.82x | ₹-10.01 Billion |
| 2023 | 0.00% | -58.04% | 0.63x | 0.00x | ₹-11.47 Billion |
| 2024 | -21.87% | -6.98% | 0.71x | 4.44x | ₹-3.09 Billion |
| 2025 | 8.09% | 1.29% | 1.12x | 5.59x | ₹-192.56 Million |
Industry Comparison
This section compares Sterling and Wilson Renewable Energy Limited's net assets metrics with peer companies in the Solar industry.
Industry Context
- Industry: Solar
- Average net assets among peers: $3,340,986,748
- Average return on equity (ROE) among peers: 5.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sterling and Wilson Renewable Energy Limited (SWSOLAR) | ₹4.60 Billion | 0.00% | 9.57x | $241.57 Million |
| BOROSIL RENEWABLES LIMITED (BORORENEW) | $9.43 Billion | 7.39% | 0.73x | $259.05 Million |
| GENSOL ENGINEERING ORD (BSE) (GENSOL) | $464.90 Million | 23.85% | 3.47x | $4.61 Million |
| Premier Energies Limited (PREMIERENE) | $4.04 Billion | -3.55% | 2.32x | $1.08 Billion |
| Ravindra Energy Limited (RELTD) | $3.54 Billion | 6.12% | 0.84x | $14.81K |
| Surana Solar Limited (SURANASOL) | $422.12 Million | 6.11% | 1.37x | $7.40 Million |
| Swelect Energy Systems Limited (SWELECTES) | $7.00 Billion | 3.09% | 0.29x | $33.33 Million |
| Ujaas Energy Limited (UEL) | $1.63 Billion | 22.97% | 2.05x | $74.81 Million |
| Urja Global Limited (URJA) | $32.01 Million | 0.00% | 0.00x | $41.92 Million |
| VIKRAM SOLAR LIMITED (VIKRAMSOLR) | $3.51 Billion | -17.92% | 5.37x | $233.11 Million |