Suzlon Energy Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Excellent return on equity (ROE 40.6%)
- ✓Efficient capital deployment (ROCE 35.1%)
- ✓Attractively valued vs sector (P/E 23.5x vs industry 53.3x)
- ✓Virtually debt-free
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| BEL Bharat Electronics Limited | ₹408 | ₹3.0L Cr | 49.2 | 12.44 | 27.6 | 36.5 | 0 |
| HAL Hindustan Aeronautics Limited | ₹4,216 | ₹2.9L Cr | 31.4 | 6.87 | 24 | 32 | 0 |
| CUMMINSIND Cummins India Limited | ₹5,776 | ₹1.6L Cr | 65.3 | 18.88 | 30.2 | 39.5 | 0 |
| ABB ABB India Limited | ₹7,160 | ₹1.5L Cr | 99.4 | 19.35 | 22.4 | 29.9 | 0.01 |
| POLYCAB Polycab India Limited | ₹9,670 | ₹1.4L Cr | 53.7 | 12.12 | 24.5 | 34.3 | 0.02 |
| BHEL Bharat Heavy Electricals Limited | ₹387 | ₹1.4L Cr | 89.4 | 5.15 | 6.29 | 8.51 | 0.45 |
| CGPOWER CG Power and Industrial Solutions Limited | ₹938 | ₹1.4L Cr | 116 | 18.54 | 20.8 | 27 | 0.02 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
SUZLON · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 13.28% | 13.28% | 13.26% | 13.25% | 13.25% | 13.25% |
| FII | 17.83% | 19.57% | 21.53% | 23.72% | 22.87% | 23.04% |
| DII | 6.16% | 6.30% | 9.16% | 9.02% | 9.31% | 8.73% |
| Public | 62.74% | 60.85% | 56.03% | 54.02% | 54.56% | 54.98% |
Corporate Events
To consider and approve the financial results for the period ended March 31, 2026
Annual General Meeting
Annual General Meeting
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹4.2K Cr ▲9.4% | ₹3.9K Cr ▲23.6% | ₹3.1K Cr ▼17.4% | ₹3.8K Cr ▲27.4% | ₹3.0K Cr ▲41.5% | ₹2.1K Cr ▲4.0% | ₹2.0K Cr ▼7.9% | ₹2.2K Cr |
| Op. Profit | ₹738 Cr ▲2.4% | ₹721 Cr ▲20.4% | ₹599 Cr ▼13.6% | ₹693 Cr ▲38.6% | ₹500 Cr ▲70.1% | ₹294 Cr ▼20.5% | ₹370 Cr ▲3.6% | ₹357 Cr |
| OPM | 17.0% ▼10.5% | 19.0% ▲0.0% | 19.0% ▲5.6% | 18.0% ▲5.9% | 17.0% ▲21.4% | 14.0% ▼22.2% | 18.0% ▲12.5% | 16.0% |
| Net Profit | ₹445 Cr ▼65.2% | ₹1.3K Cr ▲294.8% | ₹324 Cr ▼72.6% | ₹1.2K Cr ▲204.4% | ₹388 Cr ▲93.0% | ₹201 Cr ▼33.4% | ₹302 Cr ▲18.9% | ₹254 Cr |
| EPS (₹) | 0.33 ▼64.9% | 0.94 ▲291.7% | 0.24 ▼72.4% | 0.87 ▲200.0% | 0.29 ▲93.3% | 0.15 ▼31.8% | 0.22 ▲15.8% | 0.19 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹16.7K Cr ▲53.6% | ₹10.9K Cr ▲66.8% | ₹6.5K Cr ▲9.3% | ₹6.0K Cr ▼9.3% | ₹6.6K Cr ▲96.7% | ₹3.3K Cr ▲12.5% | ₹3.0K Cr ▼40.8% | ₹5.0K Cr ▼38.1% | ₹8.1K Cr ▼36.2% | ₹12.7K Cr |
| Expenses | ₹13.7K Cr ▲51.9% | ₹9.0K Cr ▲64.3% | ₹5.5K Cr ▲6.9% | ₹5.1K Cr ▼9.6% | ₹5.7K Cr ▲102.3% | ₹2.8K Cr ▼26.6% | ₹3.8K Cr ▼24.1% | ₹5.0K Cr ▼29.3% | ₹7.1K Cr ▼30.2% | ₹10.2K Cr |
| Op. Profit | ₹3.0K Cr ▲62.2% | ₹1.9K Cr ▲79.7% | ₹1.0K Cr ▲24.5% | ₹833 Cr ▼7.4% | ₹900 Cr ▲67.6% | ₹537 Cr ▲162.7% | ₹-856 Cr ▼3621.7% | ₹-23 Cr ▼102.4% | ₹977 Cr ▼60.6% | ₹2.5K Cr |
| OPM | 18.0% ▲5.9% | 17.0% ▲6.3% | 16.0% ▲14.3% | 14.0% ▲0.0% | 14.0% ▼12.5% | 16.0% ▲155.2% | -29.0% | 0.0% ▼100.0% | 12.0% ▼40.0% | 20.0% |
| Other Income | ₹180 Cr ▲85.6% | ₹97 Cr ▲504.2% | ₹-24 Cr ▼100.9% | ₹2.7K Cr ▲2783.2% | ₹95 Cr ▼88.5% | ₹823 Cr ▲2059.5% | ₹-42 Cr ▼145.7% | ₹92 Cr ▼83.4% | ₹555 Cr ▲409.2% | ₹109 Cr |
| Interest | ₹462 Cr ▲81.2% | ₹255 Cr ▲55.5% | ₹164 Cr ▼61.0% | ₹421 Cr ▼42.7% | ₹735 Cr ▼26.2% | ₹996 Cr ▼27.1% | ₹1.4K Cr ▲7.6% | ₹1.3K Cr ▼19.7% | ₹1.6K Cr ▲22.7% | ₹1.3K Cr |
| Depreciation | ₹318 Cr ▲22.8% | ₹259 Cr ▲36.3% | ₹190 Cr ▼26.9% | ₹260 Cr ▲0.0% | ₹260 Cr ▲0.8% | ₹258 Cr ▼38.4% | ₹419 Cr ▲22.5% | ₹342 Cr ▲0.0% | ₹342 Cr ▼12.1% | ₹389 Cr |
| PBT | ₹2.4K Cr ▲67.4% | ₹1.4K Cr ▲119.6% | ₹659 Cr ▼77.2% | ₹2.9K Cr | ₹0 Cr ▼100.0% | ₹105 Cr ▲103.9% | ₹-2.7K Cr ▼73.9% | ₹-1.5K Cr ▼294.6% | ₹-391 Cr ▼142.9% | ₹912 Cr |
| Tax % | -31.0% ▲27.9% | -43.0% | 0.0% | 0.0% ▼100.0% | 41648.0% ▲1041100.0% | 4.0% | 0.0% ▲100.0% | -1.0% | 0.0% ▼100.0% | 1.0% |
| Net Profit | ₹3.2K Cr ▲52.7% | ₹2.1K Cr ▲213.9% | ₹660 Cr ▼77.1% | ₹2.9K Cr ▲1731.1% | ₹-177 Cr ▼270.2% | ₹104 Cr ▲103.9% | ₹-2.7K Cr ▼75.1% | ₹-1.5K Cr ▼300.3% | ₹-384 Cr ▼145.1% | ₹852 Cr |
| EPS (₹) | 2.33 ▲52.3% | 1.53 ▲212.2% | 0.49 ▼78.5% | 2.28 ▲1441.2% | -0.17 ▼270.0% | 0.1 ▲102.5% | -4.01 ▼72.8% | -2.32 ▼307.0% | -0.57 ▼141.3% | 1.38 |
| Div Payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities | ||||||||||
| Equity Capital | ₹2.7K Cr ▲0.4% | ₹2.7K Cr ▲0.4% | ₹2.7K Cr ▲10.9% | ₹2.5K Cr ▲33.2% | ₹1.8K Cr ▲8.3% | ₹1.7K Cr ▲60.0% | ₹1.1K Cr ▲0.0% | ₹1.1K Cr ▲0.0% | ₹1.1K Cr ▲5.9% | ₹1.0K Cr |
| Reserves | ₹5.1K Cr ▲51.6% | ₹3.4K Cr ▲181.4% | ₹1.2K Cr ▲188.5% | ₹-1.4K Cr ▲74.8% | ₹-5.4K Cr ▼6.4% | ₹-5.0K Cr ▲58.1% | ₹-12.0K Cr ▼26.0% | ₹-9.6K Cr ▼19.1% | ₹-8.0K Cr ▼2.4% | ₹-7.8K Cr |
| Borrowings | ₹397 Cr ▲22.9% | ₹323 Cr ▲115.3% | ₹150 Cr ▼92.3% | ₹1.9K Cr ▼70.0% | ₹6.5K Cr ▼6.6% | ₹6.9K Cr ▼47.6% | ₹13.2K Cr ▲14.4% | ₹11.6K Cr ▼3.7% | ₹12.0K Cr ▲7.9% | ₹11.1K Cr |
| Other Liabilities | ₹7.6K Cr ▲16.4% | ₹6.5K Cr ▲110.1% | ₹3.1K Cr ▲25.0% | ₹2.5K Cr ▼29.7% | ₹3.5K Cr ▲17.1% | ₹3.0K Cr ▼29.8% | ₹4.3K Cr ▼26.0% | ₹5.8K Cr ▼4.5% | ₹6.1K Cr ▼22.8% | ₹7.9K Cr |
| Total Liabilities | ₹15.9K Cr ▲22.3% | ₹13.0K Cr ▲80.5% | ₹7.2K Cr ▲30.0% | ₹5.5K Cr ▼14.7% | ₹6.5K Cr ▼1.9% | ₹6.6K Cr ▲1.1% | ₹6.5K Cr ▼26.4% | ₹8.9K Cr ▼20.2% | ₹11.1K Cr ▼8.5% | ₹12.2K Cr |
| Assets | ||||||||||
| Fixed Assets | ₹1.8K Cr ▼0.2% | ₹1.8K Cr ▲100.9% | ₹886 Cr ▲2.3% | ₹866 Cr ▼18.2% | ₹1.1K Cr ▼9.2% | ₹1.2K Cr ▼14.1% | ₹1.4K Cr ▼10.7% | ₹1.5K Cr ▲3.9% | ₹1.5K Cr ▼12.1% | ₹1.7K Cr |
| CWIP | ₹286 Cr ▲172.4% | ₹105 Cr ▲425.0% | ₹20 Cr ▲233.3% | ₹6 Cr ▼70.0% | ₹20 Cr ▼81.3% | ₹107 Cr ▼12.3% | ₹122 Cr ▼46.7% | ₹229 Cr ▼35.1% | ₹353 Cr ▲71.4% | ₹206 Cr |
| Investments | ₹202 Cr ▲369.8% | ₹43 Cr ▲437.5% | ₹8 Cr | ₹0 Cr | ₹0 Cr ▼100.0% | ₹23 Cr ▲15.0% | ₹20 Cr ▲0.0% | ₹20 Cr ▼70.1% | ₹67 Cr ▼90.0% | ₹670 Cr |
| Other Assets | ₹13.6K Cr ▲23.2% | ₹11.0K Cr ▲76.1% | ₹6.3K Cr ▲34.7% | ₹4.7K Cr ▼13.8% | ₹5.4K Cr ▲1.7% | ₹5.3K Cr ▲5.5% | ₹5.0K Cr ▼29.2% | ₹7.1K Cr ▼23.1% | ₹9.2K Cr ▼4.0% | ₹9.6K Cr |
| Total Assets | ₹15.9K Cr ▲22.3% | ₹13.0K Cr ▲80.5% | ₹7.2K Cr ▲30.0% | ₹5.5K Cr ▼14.7% | ₹6.5K Cr ▼1.9% | ₹6.6K Cr ▲1.1% | ₹6.5K Cr ▼26.4% | ₹8.9K Cr ▼20.2% | ₹11.1K Cr ▼8.5% | ₹12.2K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹1.1K Cr ▲1265.0% | ₹80 Cr ▼83.7% | ₹491 Cr ▼62.3% | ₹1.3K Cr ▲145.7% | ₹530 Cr ▲157.1% | ₹-929 Cr ▼173.3% | ₹1.3K Cr ▲1262.4% | ₹-109 Cr ▼106.8% | ₹1.6K Cr ▲316.8% | ₹-739 Cr |
| Investing CF | ₹-749 Cr ▼392.8% | ₹-152 Cr ▼278.8% | ₹85 Cr ▲547.4% | ₹-19 Cr ▲20.8% | ₹-24 Cr ▲25.0% | ₹-32 Cr ▼125.6% | ₹125 Cr ▲190.6% | ₹-138 Cr ▲78.5% | ₹-643 Cr ▼114.3% | ₹4.5K Cr |
| Financing CF | ₹343 Cr ▲159.8% | ₹132 Cr ▲118.6% | ₹-709 Cr ▲32.2% | ₹-1.0K Cr ▼219.6% | ₹-327 Cr ▼133.7% | ₹969 Cr ▲151.1% | ₹-1.9K Cr ▼485.8% | ₹492 Cr ▲139.4% | ₹-1.2K Cr ▲77.9% | ₹-5.7K Cr |
| Net Cash Flow | ₹686 Cr ▲1043.3% | ₹60 Cr ▲145.1% | ₹-133 Cr ▼155.9% | ₹238 Cr ▲32.2% | ₹180 Cr ▲2150.0% | ₹8 Cr ▲101.6% | ₹-506 Cr ▼306.5% | ₹245 Cr ▲184.5% | ₹-290 Cr ▲84.8% | ₹-1.9K Cr |
| Free Cash Flow | ₹724 Cr ▲592.5% | ₹-147 Cr ▼130.8% | ₹477 Cr ▼61.1% | ₹1.2K Cr ▲154.4% | ₹482 Cr ▲146.8% | ₹-1.0K Cr ▼200.9% | ₹1.0K Cr ▲233.5% | ₹-764 Cr ▼163.1% | ₹1.2K Cr ▲207.5% | ₹-1.1K Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 130d ▲27.5% | 102d ▲41.7% | 72d ▼5.3% | 76d ▼41.5% | 130d ▼22.6% | 168d ▲22.6% | 137d ▲2.2% | 134d ▲28.8% | 104d ▲7.2% | 97d |
| Inventory Days | 171d ▼18.6% | 210d ▲19.3% | 176d ▼5.4% | 186d ▼63.0% | 503d ▲25.8% | 400d ▲12.7% | 355d ▲64.4% | 216d ▲28.6% | 168d ▲2.4% | 164d |
| Days Payable | 156d ▼5.5% | 165d ▲91.9% | 86d ▼44.5% | 155d ▼57.7% | 366d ▲44.7% | 253d ▼4.5% | 265d ▲47.2% | 180d ▼22.7% | 233d ▲20.7% | 193d |
| Cash Conv. Cycle | 145d ▼2.0% | 148d ▼8.6% | 162d ▲51.4% | 107d ▼59.8% | 266d ▼15.6% | 315d ▲38.8% | 227d ▲33.5% | 170d ▲335.9% | 39d ▼42.6% | 68d |
| Working Capital Days | 73d ▼29.1% | 103d ▲56.1% | 66d ▲312.5% | 16d ▼81.0% | 84d ▲105.7% | -1465d ▼346.6% | -328d ▼228.0% | -100d ▲35.5% | -155d ▼176.8% | -56d |
| ROCE | 33.0% ▲32.0% | 25.0% ▲25.0% | 20.0% ▼4.8% | 21.0% ▲110.0% | 10.0% ▲120.8% | -48.0% ▼500.0% | -8.0% ▼153.3% | 15.0% ▼71.7% | 53.0% ▲381.8% | 11.0% |
Source: Screener.in · Lower days = better efficiency
Deep Dive Analysis
About Suzlon Energy Limited
Suzlon is one of the leading global renewable energy solutions providers. It is a vertically integrated WTG manufacturer. It also undertakes installation and O&M of all WTG sales. Operations include design development and manufacturing of all major components, including rotor blades, tubular towers, generators, control equipment, gears and nacelles. [1]
Capital Goods · Electrical Equipment