SWREL reports H1 FY27 profit turnaround as order book grows 34% year on year
As filed · Sterling and Wilson Renewable Energy Limited has informed the Exchange regarding a press release dated October 15, 2026, titled "Press Release on the Unaudited Consolidated and Standalone Financial Re
What happened
FactSterling and Wilson Renewable Energy reported H1 FY27 profit after tax of INR 70 crore, versus a loss of INR 439 crore in H1 FY26, while Q2 FY27 profit was INR 17 crore on revenue of INR 1,527 crore. The unexecuted order book stood at INR 12,480 crore, and H1 FY27 O&M revenue increased 48% year on year to INR 183 crore from INR 124 crore.
Why it matters
CapitSignal interpretationReported results are the point at which prior management commitments become checkable against audited or reviewed numbers.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Margins
DelayedFor full year, we can safely assume this year we have done around 20% gross margin in O&M business; safely we can presume that we will be in 20% to 25% range in terms of O&M margin.
Operational EBITDA of INR 62 crore versus INR 23 crore in Q2 FY25
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Margin trend against the prior period
- Cash from operations against reported profit
- Whether prior guidance is reaffirmed
- For full year, we can safely assume this year we have done around 20% gross margin in O&M business; safely we (management committed by FY26)
- We are excited to partner with a leading global renewable developer with huge growth plans in the domestic mar (management committed by FY27)
Evidence
- Sterling and Wilson Renewable Energy Limited has informed the Exchange regarding a press release dated October 15, 2026, titled "Press Release on the Unaudited Consolidated and Standalone Financial Results of the Company for the quarter and half year ended September 30, 2026.".(opens the original filing in a new tab)
- Earlier statement · Q4 FY25
- Latest statement · Q2 FY26
How CapitSignal classified this
- Reasoning:
- The filing indicates a sharp reported profitability turnaround alongside a larger order book and expanding O&M business, improving stated revenue visibility. Execution of the INR 12,480 crore unexecuted order book and whether profitability is sustained remain important.
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 90%