Sterling And Wilson Renewable Energy Limited · NSE:SWSOLAR
Sterling And Wilson Renewable Energy — Q1 FY2025 Earnings Presentation
15 slides from Sterling And Wilson Renewable Energy's earnings presentation, Jul 18, 2024
Slide 1: Cover letter to stock exchanges
July 18, 2024 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 Dear Sir/ Ma’am, Sub.: Investor presentation on the Unaudited Standalone a
Slide 2: Investor Presentation – 1Q FY25
The future of solar energy is STERLING AND WILSON RENEWABLE ENERGY LIMITED Investor Presentation – 1Q FY25 18 Jul 2024
Slide 3: 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 offering document
Slide 4: Who We Are
| WHO WE ARE Leading Solar EPC and O&M Solutions Provider Market Leader Leading Solar EPC We offer Design, Detailed Engineering, Procurement, Construction, Installation, solutions provider in Commissioning and Operations & Maintenance services under turnkey EPC and BoS the world (Balance of System)
Slide 5: A Global Leader in Solar EPC in 8 Years
| A GLOBAL LEADER IN SOLAR EPC IN 8 YEARS 2018 2022 Expanded operations in Reliance New Energy 2016 Australia by acquiring a 2020 acquired 40% stake in controlling stake in GCO Sterling and Wilson Diversified into Ranked 2nd largest O&M Electrical Pty Ltd Renewable Energy Limited Rooftop Solar playe
Slide 6: What Differentiates 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 leading to timely execution Global Presence One of the only Global Pure-Play Solar EPC players with
Slide 7: Across the Globe
| ACROSS THE GLOBE UK Europe 266 MWp Kazakhstan Spain Jordan Italy USA USA Egypt Vietnam 455 MWp Morocco UAE Saudi Arabia Thailand Mexico MENA Mali 1,969 MWp Oman Philippines India Nigeria India Kenya 14,181 MWp Tanzania Zambia Singapore Namibia Southeast Asia Latin America 323 MWp 575 MWp Chile Arg
Slide 8: 1Q FY 2025
STERLING & WI son» | 1Q FY 2025 °
Slide 9: Key Highlights for 1Q FY25
| KEY HIGHLIGHTS FOR 1Q FY25 • Unexecuted order value at ~INR 9,396 crore as of June 2024 • The company’s balance sheet continues to de-leverage compared to ~INR 8,084 crore as of Mar 2024 • Total net debt of ~INR 97 crore as of Jun 2024, compared • Company has received new orders / LOI in three dom
Slide 10: Consolidated Profit & Loss – 1Q FY25
| CONSOLIDATED PROFIT & LOSS – 1Q FY25 INR Crore Q1FY25 Q1FY24 Q4FY24 FY2024 FY2023 INR Crore Q1FY25 Q4FY24 FY2024 FY2023 Revenue from Operations 915 515 1,178 3,035 2,015 Revenue from Operations Gross Margin - International EPC 26 42 400 1,400 102 59 124 313 (745) - Domestic EPC 832 1,082 2,425 516
Slide 11: Consolidated Balance Sheet – June 2024
| CONSOLIDATED BALANCE SHEET – JUNE 2024 INR Crore Jun-24 Mar-24 Breakdown of Net Debt (INR Crore) Jun-24 Mar-24 Sources of Funds Term debt 378 403 Shareholders’ Funds 956 955 Working capital related debt 33 77 Borrowings from Banks (net) 97 116 Total Debt 411 480 1,053 1,071 Less: Cash and Bank bal
Slide 12: EPC Ordering Gaining Traction
| EPC ORDERING GAINING TRACTION Order Inflow INR Cr • Received order of 900 MW DC in 1QFY25 8,000 India International 6,000 1,169 4,000 • Received a turnkey solar PV order from AMEA Power in South 4,387 4,854 Africa for a ~140 MW DC project 2,000 1,154 1,016 • Through this project, SWREL has achieve
Slide 13: MOU Announced in FY23
| 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 commissio
Slide 14: Order Book & Pipeline
| ORDER BOOK & PIPELINE Unexecuted Order Value Movement Gross UOV as on 18 July 2024 Europe +2,170 -858 12.2% +0 Others, 9,396 4.8% 8,084 South Africa, India, 12.3% 70.7% UOV as on 31 Mar Forex adjustments Order inflow Projects executed UOV as on 18 Jul 2024 in 1QFY25 2024 SWREL Active EPC bid pipel
Slide 15: 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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