Sterling And Wilson Renewable Energy Limited

Global renewable energy solutions provider for solar power plants.

2017 | Mumbai, Maharashtra (India) | Active
Last Updated: July 12, 2024

Sterling And Wilson Renewable Energy Profile

Key Indicators

  • Authorised Capital ₹ 60.00 Cr
  • Paid Up Capital ₹ 23.33 Cr
  • Company Age 7 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 11,045.96 Cr
  • Satisfied Charges ₹ 1,080.00 Cr
  • Revenue Growth -53.05%
  • Profit Growth -111.93%
  • Ebitda -84.17%
  • Net Worth -22.13%
  • Total Assets 2.12%

About Sterling And Wilson Renewable Energy

Sterling And Wilson Renewable Energy Limited (SAWREL) is a Public Limited Indian Non-Government Company incorporated in India on 09 March 2017 (Seven years and 11 months 0 days old ). Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 542760 and on the National Stock Exchange(NSE) under SWSOLAR.

The Corporate was formerly known as Rashmika Energy Private Limited. The Company is engaged in the Energy And Power Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 60.00 Cr and a paid-up capital of Rs 23.33 Cr.

The company currently has active open charges totaling ₹11,045.96 Cr. The company has closed loans amounting to ₹1,080.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sterling And Wilson Renewable Energy Limited India are Bahadur Dastoor as CFO and Venkata Chunduru as Company Secretary. Narayan Balanadu, Khurshed Daruvala, Naina Murthy, and Five other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    L74999MH2017PLC292281

  • Company No.

    292281

  • Stock Symbol

    BSE : 542760 NSE : SWSOLAR

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Mar 2017

  • Date of AGM

    13 Jul 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Energy and Power

Who are the key members and board of directors at Sterling And Wilson Renewable Energy?

Executive Team (2)

Name Designation Appointment Date Status
Bahadur Dastoor Country flag representing In CFO Current
Venkata Chunduru Country flag representing In Company Secretary Current

Board Members (8)

Name Designation Appointment Date Status
Umesh Khanna Country flag representing In Director 13-Jul-2023 Current
Naina Murthy Country flag representing In Director 07-Apr-2022 Current
Narayan Balanadu Country flag representing In Director 07-Apr-2022 Current
Khurshed Daruvala Country flag representing In Director 25-Apr-2018 Current
Cherag Balsara Country flag representing In Director 29-Mar-2022 Current
Rukhshana Mistry Country flag representing In Director 27-Mar-2019 Current

Financial Performance of Sterling And Wilson Renewable Energy.

Sterling And Wilson Renewable Energy Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 53.05% decrease. The company also saw a substantial fall in profitability, with a 111.93% decrease in profit. The company's net worth observed a substantial decline by a decrease of 22.13%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-53.05%
Revenue from Operations
-57.86%
Total Assets
2.12%
Profit or Loss
-111.93%
Net Worth
-22.13%
EBITDA
-84.17%

What is the Ownership and Shareholding Structure of Sterling And Wilson Renewable Energy?

In 2023, Sterling And Wilson Renewable Energy had a promoter holding of 72.73% and a public holding of 27.28%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹11,045.96 Cr

Satisfied Charges

₹1,080.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 10745.96 Cr
  • State Bank Of India : 300.00 Cr

Latest Charge Details

Date Lender Amount Status
09 Jan 2023 State Bank Of India ₹300.00 Cr Open
07 Sep 2022 Others ₹150.00 Cr Open
07 Jul 2022 Others ₹250.00 Cr Open
03 May 2019 Others ₹10,000.00 Cr Open
03 May 2019 Others ₹345.96 Cr Open

How Many Employees Work at Sterling And Wilson Renewable Energy?

Sterling And Wilson Renewable Energy has a workforce of 761 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sterling And Wilson Renewable Energy, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Sterling And Wilson Renewable Energy's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Sterling And Wilson Renewable Energy

Recent activity within the organization

  • Director Appointment

    Rahul Yogendra Dutt was appointed as a Additional Director was appointed as a Additional Director on 25 Apr 2024 & has been associated with this company since 9 months 14 days .

    25 Apr 2024

  • Charges

    A charge registered on 23 Jan 2023 via Charge ID 100673191 with Others was fully satisfied on 02 Feb 2024.

    02 Feb 2024

  • Charges

    A charge registered on 07 Nov 2022 via Charge ID 100626426 with Idbi Bank Limited was fully satisfied on 01 Feb 2024.

    01 Feb 2024

  • Charges

    A charge registered on 17 Sep 2022 via Charge ID 100609874 with Yes Bank Limited was fully satisfied on 25 Jan 2024.

    25 Jan 2024

  • Charges

    A charge registered on 02 Feb 2023 via Charge ID 100672017 with Others was fully satisfied on 17 Jan 2024.

    17 Jan 2024

  • Charges

    A charge registered on 13 Oct 2022 via Charge ID 100619768 with Others was fully satisfied on 02 Jan 2024.

    02 Jan 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Sterling And Wilson Renewable Energy Limited was incorporated on 09 Mar 2017.

  • The authorized share capital of Sterling And Wilson Renewable Energy Limited is ₹ 60.00 Cr and paid-up capital is ₹ 23.33 Cr.

  • Currently 10 directors are associated with Sterling And Wilson Renewable Energy Limited.

    • Narayan Balanadu
    • Khurshed Yazdi Daruvala
    • Naina Krishna Murthy
    • Umesh Narain Khanna
    • Cherag Sarosh Balsara
    • Rukhshana Jina Mistry
    • Rahul Yogendra Dutt
    • Saurabh Agarwal
    • Bahadur Sam Dastoor
    • Venkata Jagannadha Rao Chunduru
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sterling And Wilson Renewable Energy Limited is 9Th Flr Universal Majestic P L Lokhande Marg, Chembur West India, Mumbai, Maharashtra, 400043.

  • The corporate identification number (CIN) of Sterling And Wilson Renewable Energy Limited is L74999MH2017PLC292281 and the company number is 292281 as per Ministry of Corporate Affairs (MCA).

  • Yes, Sterling And Wilson Renewable Energy Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): SWSOLAR.

  • The Official website of Sterling And Wilson Renewable Energy Limited is https://www.sterlingandwilson.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sterling And Wilson Renewable Energy Limited has fallen by -53.05%.

  • As Per 2023 financial reports, 761 employees are currently employed by Sterling And Wilson Renewable Energy Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sterling And Wilson Renewable Energy Limited has experienced an downturn of -22.13%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sterling And Wilson Renewable Energy Limited amount to ₹ 11,045.96 Cr.

  • The most recent Balance Sheet for Sterling And Wilson Renewable Energy Limited was filed with the ROC on 31 Mar 2023.

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