Sterling And Wilson Renewable Energy Limited · NSE:SWSOLAR
Sterling And Wilson Renewable Energy — Q4 FY2024 Earnings Presentation
16 slides from Sterling And Wilson Renewable Energy's earnings presentation, Apr 20, 2024
Slide 1: Exchange filing cover letter for investor presentation
April 20, 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 Audited Standalone an
Slide 2: Investor Presentation – 4Q FY24
The future of solar energy is STERLING AND WILSON RENEWABLE ENERGY LIMITED Investor Presentation – 4Q FY24 20 Apr 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 Kazakhstan Spain Jordan Italy USA USA Egypt Vietnam 455 MWp Morocco UAE Saudi Arabia Thailand Mexico MENA Mali 1,962 MWp Oman Philippines India Nigeria India Kenya 10,121 MWp Tanzania Zambia Singapore Namibia Southeast Asia Latin America 323 MWp 575 MWp Chile Argentina Australi
Slide 8: 4Q FY 2024
STERLING & WI Lson 7 | 4Q FY 2024
Slide 9: Key Highlights for FY24
| KEY HIGHLIGHTS FOR FY24 • Unexecuted order value at INR 8,084 crore as of Mar 2024 • Rationalization of overheads continue to progress with FY24 compared to INR 4,913 crore as of Mar 2023 overheads at ~INR 333 crores compared to ~INR 382 crores in FY23 • Company has received new orders / LOI in tw
Slide 10: Consolidated Profit & Loss – 4Q FY24
| CONSOLIDATED PROFIT & LOSS – 4Q FY24 INR Crore Q4FY24 Q4FY23 Q3FY24 FY2024 FY2023 INR Crore Q4FY24 Q3FY24 FY2024 FY2023 Revenue from Operations 1,178 88 583 3,035 2,015 Revenue from Operations Gross Margin 65 - International EPC 42 56 400 1,400 124 (274) 313 (745) - Domestic EPC 1,082 470 2,425 51
Slide 11: Consolidated Balance Sheet – March 2024
| CONSOLIDATED BALANCE SHEET – MARCH 2024 INR Crore Mar-24 Mar-23 Breakdown of Net Debt (INR Crore) Mar-24 Mar-23 Sources of Funds Term debt 403 1,500 Shareholders’ Funds 955 (240) Working capital related debt 77 515 Borrowings from Banks (net) 116 1,966 Total Debt 480 2,015 1,071 1,726 Less: Cash a
Slide 12: EPC Ordering Gaining Traction
| EPC ORDERING GAINING TRACTION Order Inflow • Received order of Module + BOS package of ~375 MW DC in INR Cr 2QFY24 8,000 India International • Received order of one of single largest floating solar projects in 6,000 country (Module + BOS package of ~220 MW DC in 3QFY24) 1,169 • Received BOS order
Slide 13: International Orders Signed
| INTERNATIONAL ORDERS SIGNED • SWREL bagged its first international order in 3 years with a BOS • SWREL bagged its second international order with a BOS package package for a 221 MWdc project in Spain for a 45 MWdc project in Italy • Through this project, SWREL has achieved a key breakthrough in •
Slide 14: 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 15: Order Book & Pipeline
| ORDER BOOK & PIPELINE Unexecuted Order Value Movement Gross UOV as on 19 April 2024 +6,023 -2,825 Europe 14.3% Australia, 0.5% 8,084 -27 4,913 India, 84.8% UOV as on 31 Mar Forex adjustments Order inflow Projects executed UOV as on 19 Apr 2023 in FY24 2024 SWREL Active EPC bid pipeline remains str
Slide 16: 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
Sterling and Wilson Renewable Energy — Q4 FY2024 Earnings Presentation on 6ix