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 22.4x vs industry 52.7x)
- ✓Virtually debt-free
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| HAL Hindustan Aeronautics Limited | ₹4,568 | ₹3.0L Cr | 33 | 7.44 | 24 | 32 | 0 |
| BEL Bharat Electronics Limited | ₹407 | ₹3.0L Cr | 49.4 | 12.41 | 27.6 | 36.5 | 0 |
| ABB ABB India Limited | ₹7,530 | ₹1.6L Cr | 104 | 20.35 | 22.4 | 29.9 | 0.01 |
| TMCV Tata Motors Limited | ₹412 +0.59% | ₹1.5L Cr | 38.6 | 10.71 | 34 | 35.9 | 0.44 |
| CUMMINSIND Cummins India Limited | ₹5,590 | ₹1.5L Cr | 62.3 | 18.27 | 30.2 | 39.5 | 0 |
| BHEL Bharat Heavy Electricals Limited | ₹417 | ₹1.5L Cr | 60.4 | 5.55 | 6.23 | 9.14 | 0.45 |
| CGPOWER CG Power and Industrial Solutions Limited | ₹912 | ₹1.4L Cr | 118 | 18.02 | 20.5 | 26.7 | 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 Jun 30, 2026
To consider and approve the financial results for the period ended March 31, 2026
Annual General Meeting
Annual General Meeting
Latest News
All news →Suzlon bags new wind energy project orders
*Suzlon bags new wind energy project orders* — Suzlon Energy has secured new orders for wind turbine supply and project development. The contracts reinforce its growing order book in the renewable energy space. Financial value and project capacity details were not disclosed. 📊 *STOCKS:* SUZLON | 🏢 *SECTOR:* Energy | #MEDIUMIMPACT #Orders
Suzlon bags new orders, boosts project pipeline
*Suzlon bags new orders, boosts project pipeline* — Suzlon Energy has secured new orders for wind energy projects, enhancing its order book. The contracts reinforce its position in India’s renewable energy sector. Financial value and project timelines were not disclosed. 📊 *STOCKS:* SUZLON | 🏢 *SECTOR:* Energy | #MEDIUMIMPACT #Orders
Suzlon Energy to host analyst and investor meet
*Suzlon Energy to host an analyst and institutional investor meet.* This event aims to provide updates on company performance and strategy. No financial figures or major announcements disclosed. Likely to influence investor sentiment ahead of results. 📊 *STOCKS:* SUZLON | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #investor_meet
SWREL-Hassan Allam wins $560M solar project in Egypt
*SWREL-Hassan Allam wins $560M solar project in Egypt.* Suzlon Energy’s joint venture has secured a **$560 million** solar and storage project in Egypt, marking a major international order win. The project reinforces Suzlon’s growing footprint in the renewable energy space and could boost order book visibility. Revenue recognition will depend on execution timelines and project milestones. 📊 *STOCKS:* SWREL | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #Solar
Suzlon wins 105 MW wind power order
*Suzlon wins 105 MW wind power order.* The company secured a **105 MW** order for wind turbine supply and commissioning, boosting its order book to **₹21,000 crore**. Shares rose **5%** on the news, signaling strong market sentiment. This strengthens Suzlon’s position in India’s growing renewable sector. 📊 *STOCKS:* SUZLON | 🏢 *SECTOR:* Energy | #MEDIUMIMPACT #renewables
Nuvama raises Suzlon target price on FY31 roadmap
*Nuvama raises Suzlon target price on FY31 roadmap.* Analysts retain 'Hold' rating, citing improved execution visibility and **₹2,500 crore** order pipeline. The revised target price reflects confidence in Suzlon's operational turnaround and cash flow improvement. Long-term outlook hinges on timely project execution and debt management. 📊 *STOCKS:* SUZLON | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #Suzlon
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