Sterling and Wilson Renewable Energy Reports INR 5,602 Cr Revenue for 9MFY26, up 48% YoY
Filing Summary
Sterling and Wilson Renewable Energy Limited reported a revenue of INR 5,602 crore for the nine months ending December 31, 2025, marking a 48% year-over-year increase. The company secured new orders worth INR 6,929 crore during the same period and revised its order inflow guidance to over INR 11,000 crore for FY26. Operational EBITDA reached INR 289 crore, a 115% increase from the previous year. Significant agreements include a 5-year framework with Adani Green and a USD 147 million order in South Africa. The company continues to expand its global EPC services.
Sterling and Wilson Renewable Energy Limited announced its unaudited consolidated and standalone financial results for the quarter and nine months ending December 31, 2025. The company reported a revenue of INR 5,602 crore for the nine-month period, reflecting a 48% increase compared to INR 3,783 crore in the same period last year. The company has revised its order inflow guidance for FY26 to more than INR 11,000 crore, supported by strong order inflows and a robust pipeline.
The company recorded new orders worth INR 6,929 crore in the first nine months of FY26. Operational EBITDA for the period was INR 289 crore, up from INR 134 crore in 9MFY25, marking a 115% year-over-year growth. The unexecuted order value reached approximately INR 10,413 crore. The company signed a significant 5-year framework agreement with Adani Green and secured its first Balance of System (BOS) order from them. Additionally, Sterling and Wilson secured a second South African order valued at USD 147 million.
Sterling and Wilson Renewable Energy Limited provides engineering, procurement, and construction (EPC) services for utility-scale solar, floating solar, hybrid & energy storage, and wind solutions. The company manages an operation and maintenance (O&M) portfolio of 10.1 GWp solar power projects, including projects constructed by third parties. The company’s global presence spans 28 countries, including operations in India, Southeast Asia, the Middle East, Africa, Europe, Australia, and the Americas.
The company continues to expand its market presence with significant agreements and orders. The 5-year framework agreement with Adani Green marks a strategic collaboration, indicating confidence from one of India’s leading developers. The company also added two more Indian renewable energy projects, including a pure Battery Energy Storage System (BESS) order from a leading Indian Independent Power Producer (IPP).
The financial results and strategic agreements highlight Sterling and Wilson’s ongoing efforts to enhance its market position and expand its global footprint. The company remains focused on delivering EPC solutions and managing a diverse portfolio of renewable energy projects worldwide.
Sterling and Wilson Renewable Energy Limited is a global provider of end-to-end renewable EPC solutions. The company focuses on utility-scale solar, floating solar, hybrid & energy storage, and wind solutions. With a total portfolio of over 26.1 GWp, the company continues to expand its operations across multiple regions, reinforcing its commitment to renewable energy development.