STERLING AND WIL chart

Last update: 2022-06-03
Key statistics and financials
Revenue per share 309.89
Dividend & YieldN/A₹ (N/A)
Beta 2.82
Market capitalization 61.94B
Operating cash flow -16.9B
ESG Scores unknown

Company description

Sterling and Wilson Renewable Energy Limited provides engineering, procurement, and construction (EPC) services to solar power projects. The company's EPC services primarily include the design and engineering, procurement, inspection and audit, construction, and field quality monitoring. It also offers operations and maintenance services to third-party projects. In addition, the company imports, exports, and trades in solar modules, structures, invertors, and related accessories. Further, it engages in the installation and maintenance of solar power generating facilities and other related activities. The company's customers include independent power producers, developers, and equity funds. It operates in 24 countries with operations in India, the Middle East, Africa, South East Asia, Europe, the United States, Australia, and Latin America. Sterling and Wilson Renewable Energy Limited was formerly known as Sterling and Wilson Solar Limited and changed its name to Sterling and Wilson Renewable Energy Limited in November 2021. The company was founded in 2011 and is based in New Delhi, India.

Sector: Technology - Industry: Solar

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities -22.78B 3.98B -3.17B -5.04B
Total Cashflows From Investing Activities -9.29B 10.13B 4.09B 9.49B
Net Borrowings 20.43B -10.09B -7.6B -369.6M
Total Cash From Financing Activities 19.72B -13.13B -8.53B 9.78B
Change To Operating Activities 10.42B -2.56B -3.42B -5.54B
Issuance Of Stock 10.9B 10.9B 10.9B 10.9B
Net Income 6.39B 3.1B -2.85B -9.09B
Change In Cash 3.25B 425.1M -2.43B 2.38B
Effect Of Exchange Rate 46.3M 45.8M -4M 2.7M
Total Cash From Operating Activities -7.23B 3.38B 2.01B -16.9B
Depreciation 75.14M 139.1M 157.6M 146.7M
Change To Account Receivables -1.08B -987.9M 11.31B 649.4M
Other Cashflows From Financing Activities -712.32M -2.08B -928.1M -749.5M
Change To Netincome -319.3M -286.4M -138.2M 1.99B
Capital Expenditures -98.61M -175.4M -164.5M -132.3M

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development
Income Before Tax 7.59B 3.98B -3.4B -9.1B
Net Income 6.39B 3.1B -2.85B -9.09B
Selling General Administrative 2.1B 2.73B 2.65B 2.28B
Gross Profit 10.02B 7.37B 1.22B -4.56B
Ebit 6.37B 3.03B -3.47B -9.28B
Operating Income 6.37B 3.03B -3.47B -9.28B
Interest Expense -745.16M -1.89B -885.2M -767.1M
Income Tax Expense 1.21B 942.3M -500M 56M
Total Revenue 82.4B 55.81B 50.84B 51.99B
Cost Of Revenue 72.38B 48.44B 49.62B 56.55B
Total Other Income ExpenseNet 1.22B 958M 65.6M 179.9M
Net Income From Continuing Ops 6.38B 3.04B -2.9B -9.16B
Net Income Applicable To Common Shares 6.39B 3.1B -2.85B -9.09B

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 45.54B 39.62B 30.52B 25.94B
Total Stockholder Equity 8.41B 10.81B 6.62B 9.17B
Other Current Liabilities 3.55B 4.22B 6.01B 7.2B
Total Assets 53.92B 50.34B 37.09B 35B
Common Stock 160.36M 160.4M 160.4M 189.7M
Other Current Assets 3.09B 3.34B 3.84B 20.14B
Retained Earnings 10.07B 11.98B 9.03B
Treasury Stock -1.82B -1.33B -2.57B 8.98B
Cash 4.21B 4.63B 2.2B 5.04B
Total Current Liabilities 45.46B 39.41B 30.16B 25.61B
Other Stockholder Equity -1.82B -1.33B -2.57B 8.98B
Property, Plant, and Equipment 265.41M 429.6M 380.3M 352.7M
Total Current Assets 53.25B 49.44B 34.85B 33.07B
Net Tangible Assets 8.36B 10.75B 6.53B 9.09B
Net Receivables 44.47B 39.5B 26.43B 7.85B
Accounts Payable 19.13B 22.21B 18.57B 14.03B


Insider Transactions

Here are the insider transactions of stock shares related to STERLING AND WIL:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Reliance Industries LtdPurchase at price 5.01 per share.D2022-02-09Promoter19.67M
Daruvala (Khurshed Yazdi)Sale at price 5.01 per share.D2022-02-09Promoter8.75M
Shapoorji Pallonji Company LtdSale at price 5.01 per share.D2022-02-09Promoter2.99M
Reliance Industries LtdOther at price 5.00 per share.D2022-01-28Promoter8.48M
Shapoorji Pallonji Company LtdSale at price 5.04 per share.D2022-01-06Promoter18.4M
Reliance Industries LtdPurchase at price 5.04 per share.D2022-01-06Promoter18.4M
Reliance Industries LtdD2021-12-30Promoter29.33M
Daruvala (Khurshed Yazdi)Sale at price 3.43 per share.D2021-03-31Promoter8M
Daruvala (Khurshed Yazdi)Sale at price 3.42 per share.D2021-03-31Promoter4.46M
Ogra (Bikesh)Purchase at price 0.00 per share.D2021-03-19Promoter1.6M
Daruvala (Khurshed Yazdi)Purchase at price 0.00 per share.D2021-03-19Promoter4.23M
Daruvala (Khurshed Yazdi)Sale at price 3.16 per share.D2020-12-31Promoter3M
Daruvala (Khurshed Yazdi)Sale at price 3.23 per share.D2020-12-31Promoter2.63M
Daruvala (Khurshed Yazdi)Gift at price 0.00 per share.D2020-12-23Promoter13M
Daruvala (Kainaz Khurshid)Gift at price 0.00 per share.D2020-12-23Promoter13M

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to STERLING AND WIL. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on STERLING AND WIL

Here is the result of two systematic investment strategies applied to STERLING AND WIL. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on STERLING AND WIL

The following chart shows the equity curve of the two systematic investment strategies applied to STERLING AND WIL:

STERLING AND WIL automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 27.35% on the backtest period.

Performance at glance

Performance

27.35 %

Latent gain

419.55 ₹

Invested capital

1533.75 ₹

Annualized return

9.5 %
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Momentum strategy results on STERLING AND WIL

This is the result of two momentum investment strategies applied to STERLING AND WIL. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on STERLING AND WIL

The following chart shows all the entries opened by the momentum investment system on STERLING AND WIL:

STERLING AND WIL momentum entries
  • The first momentum investment strategy would give 15.54% of return on STERLING AND WIL. That represents 569.1₹ of latent gain with 3663.05₹ of employed capital.
  • The second momentum investment strategy would give 48.65% of return on STERLING AND WIL. That represents 1598.2₹ of latent gain with 3285.05₹ of employed capital.
Performance at glance (1Q Momentum)

Performance

15.54 %

Latent gain

569.1 ₹

Invested capital

3663.05 ₹

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

48.65 %

Latent gain

1598.2 ₹

Invested capital

3285.05 ₹

Annualized return

20.27 %

Momentum equity curve on STERLING AND WIL

The following chart shows the equity curve of the two momentum strategies applied to STERLING AND WIL:

STERLING AND WIL momentum equity

Note: the dividends potentially given by STERLING AND WIL are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on STERLING AND WIL

The following chart shows the employed capital evolution of the two momentum strategies on STERLING AND WIL since the beginning:

STERLING AND WIL

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250₹, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000₹.


Buy the dip strategy result on STERLING AND WIL

Buy the dip entry openings on STERLING AND WIL

STERLING AND WIL

The performance achieved by the robo-advisor on STERLING AND WIL is 0%. That represents 0.0$ of latent gain with 0.0₹ of employed capital. The following chart shows STERLING AND WIL stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of STERLING AND WIL, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 ₹

Invested capital

0.0 ₹

Annualized return

0.0 %

Equity curve of the strategy applied to STERLING AND WIL

The following chart shows the result of the investment strategy applied to STERLING AND WIL:

STERLING AND WIL

Note: the dividends potentially given by STERLING AND WIL are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on STERLING AND WIL

The following chart shows the employed capital evolution since the beginning of the investment strategy on STERLING AND WIL:

STERLING AND WIL

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on STERLING AND WIL

In this section, I will compare the three previous investment strategies applied to STERLING AND WIL.

Equity curve comparison on STERLING AND WIL

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

STERLING AND WIL investment strategy comparison

Employed capital comparison on STERLING AND WIL

STERLING AND WIL investment comparison

Performance comparison on STERLING AND WIL

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 27.35% 419.55₹ 1533.75₹ 9.5%
Momentum 1 quarter 15.54% 569.1₹ 3663.05₹ 5.89%
Momentum 2 quarters 48.65% 1598.2₹ 3285.05₹ 20.27%
Non-directional 0% 0.0₹ 0.0₹ 0.0%
Annualized return comparison

Automatic investment

9.5 %

Momentum 1Q

20.27 %

Momentum 2Q

20.27 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with STERLING AND WIL:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between STERLING AND WIL and the other stocks. There may be false positives or some missing correlated stocks. If the price of STERLING AND WIL does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name STERLING AND WIL
Country India
City Mumbai
Address Universal Majestic
Phone 91 22 2548 5300
Website www.sterlingandwilsonre.com
FullTime employees
Industry Solar
Sector Technology
Exchange XNSE
Ticker SWSOLAR.XNSE
Market

STERLING AND WIL ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown