Sterling and Wilson Renewable Energy Limited — PPTs, 16-01-2025: Investor Presentation

Unexecuted order value increased to approximately INR 10,167 crore as of December 2024, up from INR 8,084 crore in March 2024. The company secured two new orders worth around INR 1,465 crore during the quarter, including a BOS package for a 625 MW DC project in Gujarat and a 396 MW DC project in Rajasthan. Consolidated revenues for Q3 FY25 rose 215% year-on-year and 78% quarter-on-quarter, reaching INR 1,837 crore, marking the highest quarterly revenue since the company’s listing. Operational EBITDA also saw significant growth, hitting INR 90 crore in Q3. As of December 2024, the net debt decreased to INR 175 crore due to indemnity proceeds and positive cash flows. The overall execution scale is set to increase in the second half of FY25, aligning with domestic customer requirements, suggesting a positive outlook for continued growth.