With a 108% surge in annual revenue and a robust order book, SWREL strengthens its leadership in India’s clean energy sector while expanding into wind and hybrid projects.
Sterling and Wilson Renewable Energy Limited (SWREL) (BSE: 542760, NSE: SWSOLAR), one of India’s leading renewable energy EPC players, has announced a stellar performance for the fourth quarter and the full financial year ended March 31, 2025. The company recorded its highest-ever quarterly revenue since listing, reaching INR 2,519 crore — an impressive jump of 114% year-on-year (YoY) and 37% quarter-on-quarter (QoQ).
For the entire financial year, SWREL reported revenue of INR 6,302 crore, representing a 108% YoY surge. This outstanding growth reflects the company’s strong execution capabilities and increasing market trust in its expertise across the renewable energy sector.
As of March 31, 2025, SWREL’s unexecuted order book stood at approximately INR 9,096 crore, up from INR 8,084 crore the previous year. The company secured fresh orders worth around INR 7,051 crore during FY25, underscoring continued momentum. Notably, domestic orders contributed significantly, accounting for nearly INR 5,897 crore — a robust 21% YoY increase.
Commenting on the results, Mr. CK Thakur, Global CEO of Sterling and Wilson Renewable Energy Group, expressed optimism about the company’s growth trajectory. He highlighted the strong project pipeline in both domestic and international markets and emphasized the company’s strategic entry into the Wind EPC space, along with a heightened focus on hybrid energy projects. Mr. Thakur stated, “Our onward journey is very promising, marked by high quarterly revenue, improved cash flow, and a healthy balance sheet, all of which position us for sustained growth.”
With a strengthened order book, an expanding portfolio in wind and hybrid energy projects, and growing trust from clients, Sterling and Wilson Renewable Energy is poised to solidify its leadership in the global clean energy landscape.