STERLINGANDWILSONRENEWAB / guidance tracker

Keep management guidance in view.

Sterling and Wilson · forward-looking guidance across the available source record.

Research layer active

Guidance tracker

What management said would happen.

15% revenue growth in FY27

Management guided for ~15% revenue growth in FY27 based on current order book and expected inflows, excluding any Reliance orders.

revenue

EPC gross margins 8-10%

EPC gross margins expected to remain in 8-10% range depending on turnkey vs BOS mix; O&M gross margins ~20%.

margins

Overheads at 4-4.5% of revenue

Recurring overheads expected to stay at 4-4.5% of revenue, reflecting operational leverage.

margins

Battery storage to be 20% of new orders

Management expects ~20% of new orders to come from battery storage projects, with similar margin profile as solar EPC.

growth