Sterling And Wilson Renewable Energy Limited · NSE:SWSOLAR
Sterling And Wilson Renewable Energy — Q2 FY2024 Earnings Presentation
14 slides from Sterling And Wilson Renewable Energy's earnings presentation, Oct 25, 2023
Slide 1: Covering letter to stock exchanges on investor presentation
October 25, 2023 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza Dalal Street Bandra Kurla Complex Mumbai – 400 001 Bandra (East), Mumbai – 400 051 Scrip Code: 542760 Symbol: SWSOLAR Scrip Code: 725032 (CP) Sub.: Investor presentation on the Unaudited Co
Slide 2: The future of solar energy is Bright
The future of solar energy is Bright STERLING AND WILSON RENEWABLE ENERGY LIMITED Investor Presentation – 2Q FY24 25 Oct 2023
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Sterling and Wilson Renewable Energy Limited (the “Company”), have been prepared solely for information purposes and is not a prospectus, disclosure document, placement document or other offeri
Slide 4: Why Us
Why Us | WHAT DIFFERENTIATES US Cost Effective Leveraging the Low-Cost India Base for global execution providing cost Expeditious competitive solutions Quick Decision Making & well-defined internal processes Global Presence One of the only Global Pure-Play Solar EPC players with a significant presen
Slide 5: Our Presence Across the Globe
Our Presence | ACROSS THE GLOBE UK Kazakhstan Jordan Spain USA USA Egypt Vietnam 455 MWp Morocco UAE Saudi Arabia Thailand Mexico MENA Mali 1,962 MWp Oman Philippines India Nigeria India Kenya 10,043 MWp Tanzania Zambia Singapore Namibia Southeast Asia Latin America 323 MWp 575 MWp Chile Argentina A
Slide 6: Financial Highlights 2Q FY 2024
Financial Highlights | 2Q FY 2024
Slide 7: Key Highlights for 2Q FY24
Financials | KEY HIGHLIGHTS FOR 2Q FY24 • Company has received new orders / LOIs worth ~INR 2,640 crore • Net debt of INR 2,123 crore as of September 30, 2023 during the quarter. We have received total orders / LOI worth INR 3,106 crore in 1HFY24 from India • Promoters (SP/KYD) have been issued an i
Slide 8: Ratings Downgrade Action & Debt Status
Financials | RATINGS DOWNGRADE ACTION & DEBT STATUS • The Company and its subsidiaries had loan payments of INR 329 Cr to various banks in the month of September 2023. Out of the above, the Company made payments of INR 194 Cr • Company had availed INR 250 Cr short term loan for working capital for 1
Slide 9: Consolidated Profit & Loss – 2Q FY24
Financials | CONSOLIDATED PROFIT & LOSS – 2Q FY24 INR Crore Q2FY24 Q2FY23 Q1FY24 FY2023 INR Crore Q2FY24 Q2FY23 Q1FY24 FY2023 Revenue from Operations 759 403 515 2,110 Revenue from Operations Gross Margin (post project MTM) 66 (170) 59 (651) - International EPC 141 200 159 1,400 Gross Margin % 8.6%
Slide 10: Standalone Profit & Loss – 2Q FY24
Financials | STANDALONE PROFIT & LOSS – 2Q FY24 INR Crore Q2FY24 Q1FY24 FY2023 Revenue increased sequentially aided by higher domestic EPC segment Revenue from Operations 641 384 1,554 contribution Gross Margin (post project MTM) 43 48 (36) Gross Margin % 6.7% 12.5% (2.3%) Standalone Gross margi
Slide 11: Domestic EPC Momentum Gaining Traction
Outlook | DOMESTIC EPC MOMENTUM GAINING TRACTION India Order Inflow • NTPC – I, II, III INR Cr 5,000 • BOS package of ~1,570 MW DC 4,387 4,000 • BOS package of ~1,500 MW DC 3,000 2640 • LOI for Module + BOS package of ~375 MW DC in 2Q 2,000 • GIPCL 1,000 713 466 • BOS package of ~750 MW DC in 2Q 0 F
Slide 12: MOU Announced in FY23
Outlook | MOU ANNOUNCED IN FY23 • Sterling and Wilson Solar Solutions, Inc (SWSS), the US step down subsidiary signed a MOU with the Government of the Federal Republic of Nigeria, along with its consortium partner Sun Africa in September 2022 • MOU is for the development, design, construction, and c
Slide 13: Order Book & Pipeline
Outlook | ORDER BOOK & PIPELINE Unexecuted Order Value Movement Gross UOV as on 21 October 2023 Australia USA 1.4% 0.6% +3,106 -1,176 -8 6,835 4,913 India 98.0% UOV as on 31 Mar Forex adjustments Order inflow Projects executed UOV as on 21 Oct 2023 in 1HFY24 2023 India 2HFY24 Solar EPC bid pipeline*
Slide 14: For further information, please contact
For further information, please contact: Company : Investor Relations Advisors : Sterling and Wilson Renewable Energy Limited Strategic Growth Advisors Private Limited CIN: L74999MH2017PLC292281 CIN: U74140MH2010PTC204285 Mr Sandeep Mathew Mr Jigar Kavaiya / Mr. Parin Narichania Head – Investor Rela
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