Sterling and Wilson Renewable Energy Limited Net Assets
Sterling and Wilson Renewable Energy Limited net assets. Based on the latest financial reports, Sterling and Wilson Renewable Energy Limited (SWSOLAR) has net assets worth Rs6.51 Billion INR (≈ $70.43 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs53.17 Billion ≈ $575.06 Million USD) and total liabilities (Rs46.66 Billion ≈ $504.63 Million USD). 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. Also explore Sterling and Wilson Renewable Energy Lim equity growth rate to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs6.51 Billion |
| % of Total Assets | 12.25% |
| Annual Growth Rate | N/A |
| 5-Year Change | -28.11% |
| 10-Year Change | 1050.28% |
| Growth Volatility | 143.7 |
Net Assets of Sterling and Wilson Renewable Energy Limited (2016–2026)
Net assets of Sterling and Wilson Renewable Energy Limited from 2016 to 2026. This chart illustrates how Sterling and Wilson Renewable Energy Limited's net assets have evolved over time, based on quarterly financial data. See SWSOLAR equity to assets ratio to measure how much of total assets are equity-financed.
Annual Net Assets for Sterling and Wilson Renewable Energy Limited (2016–2026)
The table below shows the annual net assets of Sterling and Wilson Renewable Energy Limited from 2016 to 2026. For live market cap and overall valuation, see SWSOLAR market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs6.51 Billion ≈ $70.43 Million |
-34.52% |
| 2025-03-31 | Rs9.95 Billion ≈ $107.55 Million |
+4.14% |
| 2024-03-31 | Rs9.55 Billion ≈ $103.28 Million |
+497.42% |
| 2023-03-31 | Rs-2.40 Billion ≈ $-25.99 Million |
-126.53% |
| 2022-03-31 | Rs9.06 Billion ≈ $97.96 Million |
+37.71% |
| 2021-03-31 | Rs6.58 Billion ≈ $71.14 Million |
-38.67% |
| 2020-03-31 | Rs10.73 Billion ≈ $116.00 Million |
+28.07% |
| 2019-03-31 | Rs8.38 Billion ≈ $90.57 Million |
+331.99% |
| 2018-03-31 | Rs1.94 Billion ≈ $20.97 Million |
+242.45% |
| 2017-03-31 | Rs566.15 Million ≈ $6.12 Million |
+173.58% |
| 2016-03-31 | Rs-769.47 Million ≈ $-8.32 Million |
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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 1620970000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Sterling and Wilson Renewable Energy Limited Net Assets Breakdown (March 2026)
Sterling and Wilson Renewable Energy Limited net assets breakdown by equity component as of March 2026.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs233.50 Million | 3.59% |
| Other Comprehensive Income | Rs-3.23 Billion | -49.64% |
| Other Components | Rs25.70 Billion | 395.52% |
| Total Equity | Rs6.50 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 |
|---|---|
|
Twin Disc Incorporated
NASDAQ:TWIN
|
$356.79 Million |
|
China Zhonghua Geotechnical Engineering Co Ltd
SHE:002542
|
$356.79 Million |
|
Yungshin Construction & Development Co Ltd
TWO:5508
|
$356.89 Million |
|
CODERE ONLINE LUX. EO 1
F:J9T
|
$356.94 Million |
|
Western Copper and Gold Corp
TO:WRN
|
$356.67 Million |
|
Waterstone Financial Inc
NASDAQ:WSBF
|
$356.66 Million |
|
Test Rite International Co Ltd
TW:2908
|
$356.63 Million |
|
Tande Co Ltd
SHG:600665
|
$356.58 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 2025 to 2026, total equity changed from 10,070,600,000 to 6,497,500,000, a change of -3,573,100,000 (-35.5%).
- Net loss of 3,094,300,000 reduced equity.
- New share issuances of 8,900,000 increased equity.
- Other comprehensive income decreased equity by 474,100,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs-3.09 Billion | -47.62% |
| Share Issuances | Rs8.90 Million | +0.14% |
| Other Comprehensive Income | Rs-474.10 Million | -7.3% |
| Other Changes | Rs-13.60 Million | -0.21% |
| Total Change | Rs- | -35.48% |
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: 5.08x
- 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 | Rs-4.80 | Rs141.26 | x |
| 2017-03-31 | Rs3.53 | Rs141.26 | x |
| 2018-03-31 | Rs13.03 | Rs141.26 | x |
| 2019-03-31 | Rs52.44 | Rs141.26 | x |
| 2020-03-31 | Rs67.41 | Rs141.26 | x |
| 2021-03-31 | Rs41.27 | Rs141.26 | x |
| 2022-03-31 | Rs54.65 | Rs141.26 | x |
| 2023-03-31 | Rs-11.87 | Rs141.26 | x |
| 2024-03-31 | Rs47.56 | Rs141.26 | x |
| 2025-03-31 | Rs43.15 | Rs141.26 | x |
| 2026-03-31 | Rs27.82 | Rs141.26 | 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): -47.62%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.10%
- • Asset Turnover: 1.42x
- • Equity Multiplier: 8.18x
- Recent ROE (-47.62%) is below the historical average (16.95%), 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 | Rs1.33 Billion |
| 2017 | 55.52% | 1.92% | 1.52x | 19.05x | Rs257.70 Million |
| 2018 | 230.01% | 6.58% | 1.40x | 25.03x | Rs4.33 Billion |
| 2019 | 75.98% | 7.76% | 1.53x | 6.41x | Rs5.55 Billion |
| 2020 | 28.68% | 5.56% | 1.11x | 4.66x | Rs2.02 Billion |
| 2021 | -43.12% | -5.65% | 1.36x | 5.60x | Rs-3.52 Billion |
| 2022 | -99.20% | -17.50% | 1.48x | 3.82x | Rs-10.01 Billion |
| 2023 | 0.00% | -58.04% | 0.63x | 0.00x | Rs-11.47 Billion |
| 2024 | -21.87% | -6.98% | 0.71x | 4.44x | Rs-3.09 Billion |
| 2025 | 8.09% | 1.29% | 1.12x | 5.59x | Rs-192.56 Million |
| 2026 | -47.62% | -4.10% | 1.42x | 8.18x | Rs-3.74 Billion |
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: $1,759,680,701
- Average return on equity (ROE) among peers: 25.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sterling and Wilson Renewable Energy Limited (SWSOLAR) | Rs6.51 Billion | 0.00% | 7.17x | $356.77 Million |
| BOROSIL RENEWABLES LIMITED (BORORENEW) | $8.21 Billion | 15.61% | 0.21x | $602.71 Million |
| GENSOL ENGINEERING ORD (BSE) (GENSOL) | $1.46 Million | 249.59% | 36.61x | $3.97 Million |
| Premier Energies Limited (PREMIERENE) | $1.59 Billion | 17.79% | 2.60x | $4.35 Billion |
| Surana Solar Limited (SURANASOL) | $23.54 Million | -1.84% | 0.19x | $11.23 Million |
| Swelect Energy Systems Limited (SWELECTES) | $897.49 Million | 24.50% | 0.83x | $100.33 Million |
| Urja Global Limited (URJA) | $32.01 Million | 0.86% | 0.05x | $46.60 Million |
| Waaree Energies Limited (WAAREEENER) | $2.25 Billion | 13.68% | 3.86x | $7.21 Billion |
| Websol Energy System Limited (WEBELSOLAR) | $1.08 Billion | -112.29% | 2.27x | $306.50 Million |
About 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; construction, installation… Read more