Sterling and Wilson Renewable Share Price Jumps Nearly 13% After Announcing Q3FY26 Results

Shares of Sterling and Wilson Renewable Energy Ltd. rose as much as 13% on Friday, January 16, after the company announced its third-quarter financial results. The sharp rise came despite the company reporting a small net loss, as investors focused on strong revenue growth and a robust order outlook.

Strong Revenue Growth in Q3

During the third quarter, the company reported revenue of ₹2,092 crore, marking a 14% year-on-year increase from ₹1,837 crore in the same period last year. The growth was supported by steady execution of ongoing projects and continued momentum in the renewable energy space.

For the first nine months of FY26, Sterling and Wilson Renewable Energy recorded topline growth of 48%, which is well ahead of its full-year revenue growth guidance of 20%. This indicates strong operational performance during the year so far.

One-Time Charge Weighs on Profitability

While revenue improved, profitability was affected by a one-time charge related to contract termination. The company reported a net loss of ₹2.8 crore for the quarter, compared with a profit of ₹14.83 crore in the year-ago period.

The bottom line was impacted by a one-time loss of ₹30.8 crore arising from contract termination charges. EBITDA for the quarter declined 5% year-on-year to ₹66.9 crore, while EBITDA margins narrowed to 3.2% from 3.8% last year.

Healthy Order Inflows Support Outlook

On the order front, Sterling and Wilson Renewable Energy secured new orders worth ₹3,086 crore during the quarter. As a result, the company’s order book stood at around ₹10,413 crore at the end of Q3.

Looking ahead, the company expects order inflows to exceed ₹11,000 crore in FY26, implying a growth of around 60% year-on-year. This strong pipeline has supported investor confidence.

During the quarter, the company also signed a five-year framework agreement with Adani Green Energy, which is expected to support order inflows in the coming years. The management did not provide any commentary related to Nigeria.

Read more: Top SIP Stocks for January 2026: Hindalco, BEL, NTPC, and Others Based on 5Y CAGR and D/E Ratio.

Conclusion

Sterling and Wilson Renewable Energy’s Q3 results highlighted solid revenue growth and strong order momentum, despite a temporary hit to profitability due to a one-time charge. The sharp rise in the share price reflects investor confidence in the company’s long-term growth prospects, supported by a healthy order book and improving visibility on future inflows.

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