Electrical Equipment
Valuation | |
|---|---|
| Market Cap | 58.51 kCr |
| Price/Earnings (Trailing) | 18.08 |
| Price/Sales (Trailing) | 3.86 |
| EV/EBITDA | 20.33 |
| Price/Free Cashflow | 101.83 |
| MarketCap/EBT | 27.34 |
| Enterprise Value | 58.33 kCr |
Fundamentals | |
|---|---|
| Revenue (TTM) | 15.15 kCr |
| Rev. Growth (Yr) | 41.8% |
| Earnings (TTM) | 3.23 kCr |
| Earnings Growth (Yr) | 14.8% |
Profitability | |
|---|---|
| Operating Margin | 14% |
| EBT Margin | 14% |
| Return on Equity | 41.09% |
| Return on Assets | 20.37% |
| Free Cashflow Yield | 0.98% |
Growth & Returns | |
|---|---|
| Price Change 1W | -4% |
| Price Change 1M | -10.7% |
| Price Change 6M | -24.4% |
| Price Change 1Y | -18.2% |
| 3Y Cumulative Return | 73.3% |
| 5Y Cumulative Return | 49% |
| 7Y Cumulative Return | 32.5% |
| 10Y Cumulative Return | 12.2% |
Cash Flow & Liquidity | |
|---|---|
| Cash Flow from Investing (TTM) | -751.74 Cr |
| Cash Flow from Operations (TTM) | 1.09 kCr |
| Cash Flow from Financing (TTM) | 343.01 Cr |
| Cash & Equivalents | 499.29 Cr |
| Free Cash Flow (TTM) | 721.35 Cr |
| Free Cash Flow/Share (TTM) | 0.53 |
Balance Sheet | |
|---|---|
| Total Assets | 15.86 kCr |
| Total Liabilities | 8 kCr |
| Shareholder Equity | 7.86 kCr |
| Current Assets | 11.31 kCr |
| Current Liabilities | 7.02 kCr |
| Net PPE | 816.31 Cr |
| Inventory | 4.23 kCr |
| Goodwill | 479.83 Cr |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.02 |
| Debt/Equity | 0.04 |
| Interest Coverage | 4.2 |
| Interest/Cashflow Ops | 4.48 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend Yield | 1.54% |
| Shares Dilution (1Y) | 0.50% |
| Shares Dilution (3Y) | 9.9% |
Investor Care | |
|---|---|
| Dividend Yield | 1.54% |
| Shares Dilution (1Y) | 0.50% |
| Earnings/Share (TTM) | 2.36 |
Financial Health | |
|---|---|
| Current Ratio | 1.61 |
| Debt/Equity | 0.04 |
Technical Indicators | |
|---|---|
| RSI (14d) | 14.03 |
| RSI (5d) | 4.17 |
| RSI (21d) | 32.29 |
| MACD Signal | Sell |
| Stochastic Oscillator Signal | Buy |
| SharesGuru Signal | Sell |
| RSI Signal | Buy |
| RSI5 Signal | Buy |
| RSI21 Signal | Hold |
| SMA 5 Signal | Sell |
| SMA 10 Signal | Sell |
| SMA 20 Signal | Sell |
| SMA 50 Signal | Sell |
| SMA 100 Signal | Sell |
Balance Sheet: Strong Balance Sheet.
Size: It is among the top 200 market size companies of india.
Smart Money: Smart money has been increasing their position in the stock.
Profitability: Very strong Profitability. One year profit margin are 21%.
Past Returns: Outperforming stock! In past three years, the stock has provided 73.3% return compared to 13.3% by NIFTY 50.
Growth: Awesome revenue growth! Revenue grew 61.6% over last year and 123.8% in last three years on TTM basis.
Technicals: SharesGuru indicator is Bearish.
Momentum: Stock is suffering a negative price momentum. Stock is down -10.7% in last 30 days.
Insider Trading: Significant insider selling noticed recently.
Balance Sheet: Strong Balance Sheet.
Size: It is among the top 200 market size companies of india.
Smart Money: Smart money has been increasing their position in the stock.
Profitability: Very strong Profitability. One year profit margin are 21%.
Past Returns: Outperforming stock! In past three years, the stock has provided 73.3% return compared to 13.3% by NIFTY 50.
Growth: Awesome revenue growth! Revenue grew 61.6% over last year and 123.8% in last three years on TTM basis.
Technicals: SharesGuru indicator is Bearish.
Momentum: Stock is suffering a negative price momentum. Stock is down -10.7% in last 30 days.
Insider Trading: Significant insider selling noticed recently.
Updated May 4, 2025
Over the past six months, Suzlon's stock has returned -15.83%, showing significant volatility.
Suzlon Energy shares fell by 1.11% to ₹59.62 in mid-day trading on April 22, 2025, after a recent gain of nearly 5%.
Despite the positive new order announcement, Suzlon's shares fell 0.5% to ₹59.1.
Summary of SUZLON ENERGY's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
In the Q3 FY26 Earnings Conference Call, management of Suzlon Energy Limited provided an optimistic outlook underscoring significant growth and operational milestones. Mr. J.P. Chalasani, Group CEO, reaffirmed that the company is on track to achieve its FY26 guidance of 60% year-on-year growth across key performance indicators, with no planned downward revisions.
During the quarter, Suzlon achieved a record 617 megawatts (MW) of deliveries, marking the highest ever quarterly deliveries in India's history, and an order book reaching an all-time high of 6.4 gigawatts (GW). This success was driven by over 3 GW of new order wins, resulting in a robust book-to-bill ratio of 1.9x. With 54 GW of installations and a strong pipeline of bids, management anticipates the Indian wind sector to surpass 10 GW in installations over the next two years, with the near-term target of reaching 100 GW by 2030.
Key forward-looking points include the establishment of three AI-enabled smart blade factories and the expansion of Suzlon's EPC offering from 20% to 27%. The company also revealed significant ongoing projects, with 2,354 MW in active execution and expectations for 25+ GW of development pipeline.
Financially, Suzlon reported a revenue of INR 4,228 crores and an EBITDA of INR 739 crores for Q3 FY26, showcasing a 48% YoY growth. The company expects notable improvements in its forging and foundry business, predicting continued revenue growth supported by strong domestic demand and export opportunities. Suzlon aims to capitalize on evolving market dynamics, particularly in the context of international trade agreements with the EU and the US.
Management emphasized commitment to operational excellence, strategic planning in project development, and enhancing the company's competitive edge in the renewable energy sector as foundational elements for sustained growth.
Understand SUZLON ENERGY ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| Tanti Holdings Private Limited | 4.63% |
| Rambhaben Ukabhai | 3.25% |
| Samanvaya Holdings Private Limited | 2.67% |
| BELGRAVE INVESTMENT FUND . | 1.86% |
| CANNON REALTY PVT. LTD. | 1.76% |
| ADITYA THERMAL ENERGY PRIVATE LIMITED | 1.28% |
| VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND |
Detailed comparison of SUZLON ENERGY against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| SIEMENS | Siemens | 1.22 LCr | 18.09 kCr | +14.70% | -27.10% | 68.81 | 6.73 | - | - |
| TATAPOWER | Tata Power Co. | 1.21 LCr | 66.16 kCr |
Comprehensive comparison against sector averages
SUZLON metrics compared to Electrical
| Category | SUZLON | Electrical |
|---|---|---|
| PE | 18.33 | 61.58 |
| PS | 3.92 | 5.75 |
| Growth | 61.6 % | 13.5 % |
SUZLON ENERGY is a prominent Heavy Electrical Equipment company with the stock ticker SUZLON.
With a market capitalization of Rs. 78,857.6 Crores, the company is engaged primarily in the manufacture and sale of wind turbine generators and related components, both in India and internationally.
In addition to its core manufacturing activities, Suzlon Energy provides crucial operation and maintenance services for wind turbine generators as well as project execution services. The company’s portfolio also includes activities such as the sale and sub-lease of land, the sale of foundry and forging components, and involvement in power generation and solar operations.
Founded in 1995 and headquartered in Pune, India, SUZLON ENERGY reported a trailing 12-month revenue of Rs. 9,375.4 Crores. Notably, the company has experienced a shareholding dilution of 49.9% over the past three years.
Despite these challenges, it remains a profitable entity, recording a profit of Rs. 1,144.8 Crores in the last four quarters, and has achieved a substantial 78% revenue growth over the past three years.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
SUZLON vs Electrical (2021 - 2026)
High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years
High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years
Suzlon Energy shares rose 0.69% to ₹56.79 in early trade on May 2, supported by positive sentiment in the renewable energy sector.
General • 24 Feb 2026 Updation of information in terms of Regulation 30(5) of the SEBI |
Analyst / Investor Meet • 21 Feb 2026 Investors' Meet / Conference |
Analyst / Investor Meet • 21 Feb 2026 Investors' Meet / Conference |
General • 20 Feb 2026 Update regarding penalty |
General • 17 Feb 2026 Updates on Penalty |
Allotment of ESOP / ESPS • 13 Feb 2026 Allotment of 17,20,000 equity shares pursuant to exercise of stock options under Employee Stock Option Plan 2022. |
This information is AI-generated and may contain inaccuracies. Please verify from multiple sources.
Q1: How many megawatts of the 2,354 execution pipeline are pre-FY '25, and how much of the INR 5,745 crores in trade receivables is due beyond one year?
J.P. Chalasani: Approximately 50 to 60 megawatts from the 2,354 are pre-FY '25. A significant part of this delay is linked to a single project in Karnataka, primarily due to land issues.
Rahul Jain: Out of the total receivables, around INR 2,100 crores are milestones yet to be completed. Therefore, about INR 3,600 crores are receivables due mostly within a year, and while some overdue amounts exist, they are not substantial.
Q2: Why did WTG EBITDA margins dip in Q3 from previous quarters? Is it related to an increased EPC mix?
J.P. Chalasani: The dip is attributed to two factors: the average sales price decreased in Q3 due to customer mix, affecting around 190 basis points, as well as increased project revenue that has lower margins than turbine supply.
Q3: What is the implication of launching DevCo on the Suzlon balance sheet and ROCE moving forward?
J.P. Chalasani: DevCo won't require significant balance sheet commitments. We plan a focused approach to site identification for future projects without compromising our existing execution capabilities. The idea is to optimize land acquisition and team resources efficiently, thus enhancing execution.
Q4: How confident are you about growing your order book given the current weak renewable tenders?
J.P. Chalasani: Our current order book comprises 51% from C&I segments, with an increase in state-level bidding. Recent central auctions have shown strong demand for standalone wind, indicating that while bidding at the central level paused, potential in state-level bidding remains strong.
Q5: Can you elaborate on your export opportunities following the EU FTA and U.S. trade deal?
J.P. Chalasani: We are now focusing more on Europe due to uncertainty in the U.S. market regarding wind energy. We expect traction in export orders starting FY28, with significant efforts in Europe and other international markets being led by our newly appointed President for Europe.
Q6: How is Suzlon planning to address the competition from Chinese peers launching cheaper turbines?
J.P. Chalasani: We are in the proto stage of our 5 megawatt turbine launch. While we observe market changes, our existing 3.15 and 3.3 megawatt turbines remain competitive. We are cognizant of land acquisition issues tied to larger turbines, and our strategy remains flexible.
Q7: With your strong performance and guidance, will you adjust your forecast for FY '26?
J.P. Chalasani: We maintain our FY '26 guidance of 60% growth. We remain confident that we will fulfill this target, meeting expectations in execution and order bookings despite the complexity of market dynamics.
Q8: Could you provide clarity on your working capital requirements and associated contracts?
J.P. Chalasani: Peak working capital requirements stem from public sector projects and delayed payments. Our plans for the development company should help streamline our processes in future projects, thus stabilizing working capital needs moving forward.
Q9: What's the current status of your DTA and its impact on effective tax rates?
Rahul Jain: Upon full recognition of our deferred tax assets, we expect an effective tax rate around 25%. Even if we earn profit, the existing DTA allows for negligible cash outflows in the near term, ensuring our operational flexibility.
Q10: What are the developments in AI that you are implementing?
J.P. Chalasani: We aim to digitize our OMS system using AI for better predictive maintenance. This strategy will allow monitoring turbine efficiency and proactively address maintenance needs, improving uptime and potentially EBITDA margins.
| 1.16% |
| ISHARES II PUBLIC LIMITED COMPANY - ISHARES GLOBAL | 1.16% |
| VANGUARD EMERGING MARKETS STOCK INDEX FUND, A SERI | 1.07% |
| AMRIK SINGH AND SONS CRANE SERVICES PRIVATE LIMITED | 1.05% |
| ADITYA MEDISALES LTD | 1.02% |
| Foreing Institutional Investor | 0.89% |
| Girish R.Tanti | 0.73% |
| Vinod R.Tanti | 0.22% |
| Pranav T.Tanti as karta of Tulsi Ranchhodbhai HUF | 0.13% |
| Jitendra R.Tanti | 0.07% |
| Gita T.Tanti | 0.04% |
| Sangita V.Tanti | 0% |
| Lina J.Tanti | 0% |
| Pranav T.Tanti | 0% |
Distribution across major stakeholders
Distribution across major institutional holders
| +6.30% |
| +10.00% |
| 31.83 |
| 1.82 |
| - |
| - |
| INOXWIND | Inox Wind | 15.92 kCr | 4.57 kCr | -15.70% | -41.10% | 28.97 | 3.48 | - | - |
| KEC | KEC International | 15.58 kCr | 24.03 kCr | -11.70% | -15.50% | 22.87 | 0.65 | - | - |
| WEBELSOLAR | Websol Energy System | 2.33 kCr | 828.97 Cr | -32.50% | -43.80% | 10.3 | 2.82 | - | - |
| 0.9% |
| 567 |
| 562 |
| 459 |
| 551 |
| 391 |
| 202 |
| Exceptional items before tax | - | 0 | 0 | 0 | 0 | 0 | 0 |
| Total profit before tax | 0.9% | 567 | 562 | 459 | 551 | 391 | 202 |
| Current tax | 441.7% | 2.3 | 1.24 | 0.81 | -28.99 | 42 | 1.36 |
| Deferred tax | 116.4% | 119 | -718.18 | 134 | -600.75 | -38.29 | -0.38 |
| Total tax | 116.7% | 121 | -716.94 | 135 | -629.74 | 3.57 | 0.98 |
| Total profit (loss) for period | -65.3% | 445 | 1,279 | 324 | 1,181 | 388 | 201 |
| Other comp. income net of taxes | 63.3% | -0.02 | -1.78 | 5.04 | -22.54 | -1.28 | 1.96 |
| Total Comprehensive Income | -65.2% | 445 | 1,278 | 329 | 1,158 | 386 | 203 |
| Earnings Per Share, Basic | -871.4% | 0.32 | 0.93 | 0.24 | 0.87 | 0.28 | 0.15 |
| Earnings Per Share, Diluted | -871.4% | 0.32 | 0.93 | 0.24 | 0.86 | 0.28 | 0.15 |
| 154.3% |
| 792 |
| 312 |
| 253 |
| 226 |
| 183 |
| 271 |
| Finance costs | 1.3% | 229 | 226 | 442 | 777 | 983 | 1,141 |
| Depreciation and Amortization | 39.5% | 167 | 120 | 190 | 185 | 186 | 682 |
| Other expenses | 97.5% | 1,024 | 519 | 537 | 651 | 416 | 620 |
| Total Expenses | 124.1% | 8,929 | 3,985 | 4,162 | 4,933 | 2,517 | 3,096 |
| Profit Before exceptional items and Tax | 1944.8% | 1,371 | 68 | -379.32 | -829.79 | -1,199.99 | -2,483.93 |
| Exceptional items before tax | 325% | 103 | 25 | 2,542 | -82.87 | 802 | -792.05 |
| Total profit before tax | 1501.1% | 1,474 | 93 | 2,163 | -912.66 | -398.4 | -3,275.98 |
| Current tax | - | 7.05 | 0 | 0 | 0 | 0 | 0.65 |
| Deferred tax | - | -638.05 | 0 | 0 | 0 | 0 | 0 |
| Total tax | - | -631 | 0 | 0 | 0 | 0 | 0.65 |
| Total profit (loss) for period | 2187% | 2,105 | 93 | 2,163 | -912.66 | -398.4 | -3,276.63 |
| Other comp. income net of taxes | 477.3% | 5.98 | -0.32 | -5.71 | 1.67 | -0.11 | 5.11 |
| Total Comprehensive Income | 2193.5% | 2,111 | 93 | 2,157 | -910.99 | -398.51 | -3,271.52 |
| Earnings Per Share, Basic | 158.1% | 1.54 | 0.07 | 2.01 | -1.02 | -0.53 | -6.16 |
| Earnings Per Share, Diluted | 158.1% | 1.54 | 0.07 | 2.01 | -1.02 | -0.53 | -6.16 |
| -1% |
| 609 |
| 615 |
| 549 |
| 508 |
| 412 |
| 434 |
| Capital work-in-progress | 225.4% | 193 | 60 | 12 | 3.37 | 25 | 0.87 |
| Investment property | -4% | 25 | 26 | 26 | 27 | 28 | 29 |
| Non-current investments | 13.3% | 1,448 | 1,278 | 2,152 | 1,756 | 1,773 | 1,754 |
| Loans, non-current | 158% | 357 | 139 | 644 | 979 | 1,086 | 1,244 |
| Total non-current financial assets | 17.4% | 2,909 | 2,479 | 3,503 | 3,577 | 3,382 | 3,382 |
| Total non-current assets | 30.1% | 5,190 | 3,988 | 4,195 | 4,215 | 3,971 | 3,984 |
| Total assets | 19.6% | 14,761 | 12,344 | 8,804 | 7,165 | 6,213 | 6,048 |
| Borrowings, non-current | - | 0 | 0 | 678 | 636 | 600 | 2,009 |
| Total non-current financial liabilities | 5.6% | 677 | 641 | 1,062 | 655 | 608 | 2,017 |
| Provisions, non-current | 2.7% | 152 | 148 | 140 | 144 | 141 | 145 |
| Total non-current liabilities | 5.2% | 830 | 789 | 1,202 | 800 | 750 | 2,163 |
| Borrowings, current | - | 0 | 0 | 0 | 0 | 0 | 328 |
| Total current financial liabilities | -18.1% | 4,416 | 5,395 | 2,914 | 2,137 | 1,324 | 1,611 |
| Provisions, current | -94.9% | 29 | 550 | 401 | 428 | 383 | 451 |
| Current tax liabilities | -116.5% | 0 | 7.05 | 0 | 0 | 0 | 0 |
| Total current liabilities | 9.9% | 6,624 | 6,026 | 3,718 | 2,758 | 1,978 | 2,466 |
| Total liabilities | 9.4% | 7,454 | 6,815 | 4,920 | 3,558 | 2,728 | 4,629 |
| Equity share capital | 0.4% | 2,744 | 2,732 | 2,731 | 2,722 | 2,719 | 2,454 |
| Total equity | 32.2% | 7,308 | 5,529 | 3,884 | 3,607 | 3,485 | 1,419 |
| Total equity and liabilities | 19.6% | 14,761 | 12,344 | 8,804 | 7,165 | 6,213 | 6,048 |
| 246% |
| 909 |
| -620.88 |
| -29.03 |
| -74.96 |
| - |
| - |
| Income taxes paid (refund) | -10557.1% | -6.46 | 0.93 | 2.12 | -0.5 | - | - |
| Net Cashflows From Operating Activities | 246.9% | 916 | -621.81 | -31.15 | -74.46 | - | - |
| Cashflows used in obtaining control of subsidiaries | - | 641 | 0 | 0 | 0 | - | - |
| Proceeds from sales of PPE | - | 0.45 | 0 | 86 | 0.63 | - | - |
| Purchase of property, plant and equipment | 78.7% | 328 | 184 | 82 | 52 | - | - |
| Proceeds from sales of investment property | -4900% | 0 | 0.98 | 0 | 0 | - | - |
| Cash receipts from repayment of advances and loans made to other parties | -40% | 292 | 486 | 0 | 1,171 | - | - |
| Interest received | 8.5% | 65 | 60 | 44 | 49 | - | - |
| Other inflows (outflows) of cash | 69.2% | 23 | 14 | 11 | 12 | - | - |
| Net Cashflows From Investing Activities | -263% | -611.9 | 377 | 408 | 1,180 | - | - |
| Proceeds from issuing shares | -100% | 0 | 2,065 | 1,080 | 0 | - | - |
| Proceeds from exercise of stock options | - | 22 | 0 | 0 | 0 | - | - |
| Proceeds from borrowings | - | 0 | 0 | 2,961 | 0 | - | - |
| Repayments of borrowings | -100.1% | 0 | 1,777 | 4,135 | 576 | - | - |
| Payments of lease liabilities | - | 26 | 0 | 0 | 0 | - | - |
| Interest paid | -44.9% | 50 | 90 | 401 | 312 | - | - |
| Other inflows (outflows) of cash | 6236.6% | 385 | 7.06 | 0 | 0 | - | - |
| Net Cashflows from Financing Activities | 52.1% | 331 | 218 | -495.91 | -888.88 | - | - |
| Net change in cash and cash eq. | 2324.6% | 635 | -27.5 | -119.39 | 216 | - | - |
Earnings Call Transcript • 12 Feb 2026 Call Transcript |
Analysis of SUZLON ENERGY's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Dec 31, 2025
| Description | Share | Value |
|---|---|---|
| Wind Turbine Generator | 81.8% | 3.6 kCr |
| Operation & Maintenance Service | 14.5% | 629.2 Cr |
| Foundry & Forging | 3.7% | 161.4 Cr |
| Total | 4.4 kCr |