Electrical Equipment
Profitability: Very strong Profitability. One year profit margin are 23%.
Balance Sheet: Strong Balance Sheet.
Growth: Awesome revenue growth! Revenue grew 74.9% over last year and 100.7% in last three years on TTM basis.
Past Returns: Outperforming stock! In past three years, the stock has provided 78.1% return compared to 11.8% by NIFTY 50.
Smart Money: Smart money has been increasing their position in the stock.
Size: It is among the top 200 market size companies of india.
Momentum: Stock is suffering a negative price momentum. Stock is down -8.4% in last 30 days.
Dilution: Company has a tendency to dilute it's stock investors.
Technicals: SharesGuru indicator is Bearish.
Valuation | |
|---|---|
| Market Cap | 72.04 kCr |
| Price/Earnings (Trailing) | 22.65 |
| Price/Sales (Trailing) | 5.19 |
| EV/EBITDA | 27.26 |
| Price/Free Cashflow | 101.83 |
| MarketCap/EBT | 36.67 |
| Enterprise Value | 71.86 kCr |
Fundamentals | |
|---|---|
| Revenue (TTM) | 13.89 kCr |
| Rev. Growth (Yr) | 83.7% |
| Earnings (TTM) | 3.17 kCr |
| Earnings Growth (Yr) | 537.8% |
Profitability | |
|---|---|
| Operating Margin | 14% |
| EBT Margin | 14% |
| Return on Equity | 40.36% |
| Return on Assets | 20.01% |
| Free Cashflow Yield | 0.98% |
Growth & Returns | |
|---|---|
| Price Change 1W | -1.6% |
| Price Change 1M | -8.4% |
| Price Change 6M | -20% |
| Price Change 1Y | -22% |
| 3Y Cumulative Return | 78.1% |
| 5Y Cumulative Return | 70% |
| 7Y Cumulative Return | 38.8% |
| 10Y Cumulative Return | 9.7% |
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 | 4.35 |
| Interest/Cashflow Ops | 4.48 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend Yield | 1.54% |
| Shares Dilution (1Y) | 0.40% |
| Shares Dilution (3Y) | 36.1% |
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.
Suzlon Energy shares rose 0.69% to ₹56.79 in early trade on May 2, supported by positive sentiment in the renewable energy sector.
Suzlon Energy Ltd. announced a new order of 378 MW from NTPC Green Energy Ltd., increasing its total orders with the company to 1,544 MW.
Despite recent fluctuations, the stock has shown a notable 35.19% gain over the past year, indicating long-term strength.
General • 05 Dec 2025 Update regarding penalty. |
Allotment of ESOP / ESPS • 05 Dec 2025 Allotment of 5,90,000 equity shares pursuant to exercise stock options under ESOP 2022 plan |
General • 04 Dec 2025 Disclosure of Penalty |
Analyst / Investor Meet • 01 Dec 2025 Investors' Meet / Conference |
Analyst / Investor Meet • 01 Dec 2025 Investors' Meet / Conference |
Allotment of ESOP / ESPS • 12 Nov 2025 Allotment of 19,25,750 equity shares pursuant to exercise of stock options under ESOP 2022 |
Earnings Call Transcript • 11 Nov 2025 Call Transcript |
This information is AI-generated and may contain inaccuracies. Please verify from multiple sources.
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.
Last updated:
In the earnings conference call on November 4, 2025, Suzlon Energy's management provided an optimistic outlook for the company and the wind energy sector. A key highlight was the historic milestone where India achieved a cumulative installed power capacity of over 500 gigawatts, with 50% from non-fossil fuel sources, indicating a significant shift towards renewable energy.
Management emphasized that the recent reduction in GST for wind turbines"”from 12% to 5%"”is expected to lower capital expenditures and consequently reduce the levelized cost of energy. This move is anticipated to enhance the affordability of renewable power, catalyzing faster capacity additions. The Ministry of New and Renewable Energy's (MNRE) release of standard operating procedures for wind also reinforces a commitment to quality and domestic manufacturing.
On execution and capacity, Suzlon reported a record 565 megawatts delivered in Q2 FY '26, a 121% growth year-on-year. Their order book exceeded 6 gigawatts, supported by over 2 gigawatts of new orders in the first half of FY '26, with a target of reaching approximately 6 gigawatts total installations this fiscal year and 8 gigawatts by FY '27.
Financially, Suzlon reported consolidated revenues of INR 3,866 crores in Q2 FY '26, with EBITDA of INR 721 crores, marking a year-on-year increase of 145%. Additionally, the company acknowledged a profit before tax of INR 562 crores, growing by 179% compared to Q2 FY '25, while PAT reached INR 1,279 crores. They noted a strong balance sheet with a consolidated net worth of INR 7,860 crores and a net cash position of INR 1,480 crores, emphasizing readiness for future growth.
Management reaffirmed their commitment to a 60% year-on-year growth target across all key performance indicators for FY '26, bolstered by robust project execution strategies and an integrated supply chain.
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1. Question from Mohit Kumar: "Is the 1,865 megawatt pipeline over and above the mentioned capacities of 838 megawatt or 1,009 megawatt? Should we expect this to contribute to revenues for H2 FY '26 and FY '27?"
Answer: Yes, the 1,865 megawatt pipeline includes capacities beyond the reported figures. We anticipate substantial contributions to revenues in H2 FY '26 and FY '27, given that 568 megawatts are at advanced stages of commissioning and visibility for future installations is strong. We're confident in achieving approximately 1,500 megawatts, representing a 25% market share this fiscal year.
2. Question from Sumit Kishore: "How will the potential cancellation of the 40 gigawatts of LOAs in solar projects impact the wind sector capacity addition?"
Answer: Our confirmed order book of 6.2 gigawatts is unaffected by the solar LOAs as none are included in our orders. We expect minimal impact overall. Renewable bids continue, ensuring a healthy pipeline. There are currently about 11 gigawatts of bids in progress that signify ongoing opportunity in the wind sector, reaffirming our growth trajectory.
3. Question from Mahesh Patil: "What is your short-term pipeline outlook and its bifurcation in the PSU and non-PSU segments?"
Answer: Our current order book of 6.2 gigawatts has approximately 65% coming from C&I, with PSU constituting 14%. We're prioritizing EPC contracts, aiming for a future 50:50 revenue split by FY '28. We've identified sites for 23 gigawatts of wind potential, with land acquisition for 1,150 megawatts currently underway.
4. Question from Satpal Singh Khanuja: "When can we see the first windmill installed in our land development initiative?"
Answer: We're already executing EPC contracts on the land we've developed. We aim to announce more contracts from Q4 this fiscal year. This aligns with our strategy to bolster our capacity to execute projects more efficiently and increase our market presence in the coming years.
5. Question from Shivendra Kumar: "What about your guidance for FY '27?"
Answer: Let's focus on completing FY '26 first. We expect growth continuation, but I prefer not to provide specific estimates for FY '27 until we gather more context from Q3 and Q4 performance. We are committed to meeting our guidance for FY '26, targeting 60% growth.
This covers the essential questions and their respective answers within the provided character limit while retaining key information and forward guidance.
Analysis of SUZLON ENERGY's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Sep 30, 2025
| Description | Share | Value |
|---|---|---|
| Wind Turbine Generator | 82.3% | 3.2 kCr |
| Operation & Maintenance Services | 14.6% | 575 Cr |
| Foundry & Forging | 3.1% | 120.8 Cr |
| Total | 3.9 kCr |
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% |
| AMRIK SINGH AND SONS CRANE SERVICES PRIVATE LIMITED | 1.05% |
| ADITYA MEDISALES LTD | 1.02% |
| MOTILAL OSWAL MULTI CAP FUND | 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% |
| Nidhi T.Tanti | 0% |
| Rajan V.Tanti | 0% |
Distribution across major stakeholders
Distribution across major institutional holders
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 |
|---|---|---|---|---|---|---|---|---|---|
| TATAPOWER | Tata Power Co. | 1.2 LCr | 67.69 kCr | -4.30% | -14.60% | 29.7 | 1.78 | - | - |
| SIEMENS | Siemens | 1.12 LCr | 17.93 kCr | +3.60% | -59.90% | 53.14 | 6.24 | - | - |
| INOXWIND | Inox Wind | 21.49 kCr | 4.33 kCr | -16.80% | -40.40% | 37.22 | 4.96 | - | - |
| KEC | KEC International | 18.22 kCr | 23.37 kCr | -9.90% | -42.20% | 26.66 | 0.78 | - | - |
| WEBELSOLAR | Websol Energy System | 4.13 kCr | 714.18 Cr | -25.10% | -29.80% | 20.32 | 5.79 | - | - |
Comprehensive comparison against sector averages
SUZLON metrics compared to Electrical
| Category | SUZLON | Electrical |
|---|---|---|
| PE | 22.32 | 58.82 |
| PS | 5.11 | 5.57 |
| Growth | 74.9 % | 13.7 % |
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 - 2025)