Sterling and Wilson Renewable Energy (SWREL) reported strong Q4 FY26, with net profit hitting a record INR 142 Cr (+158% YoY) and revenue at INR 1,946 Cr.

Full FY26 revenue reached INR 7,548 Cr (+20% YoY), driven by robust Domestic EPC growth and a significantly expanded O&M portfolio (13.5 GW). Key strategies focus on large-scale solar & BESS projects, international expansion in Africa/Middle East, and optimizing O&M services.

SWREL secured ~INR 10,062 Cr in new FY26 orders, pushing its unexecuted order value to a post-COVID high of ~INR 11,813 Cr, including a 1.2 GW DC win from Coal India.

Operational EBITDA for FY26 grew 53% YoY to INR 444 Cr.

Management anticipates sustained strong Domestic EPC orders and improving O&M margins.

A promising FY27 bid pipeline of 31 GW points to continued sector growth.