Suzlon Ltd
Stock Snapshot
Price Performance
Vista Outlook
View Technicals Analysis →Basis of our Recommendation
Suzlon Energy is navigating a complex landscape characterized by robust growth opportunities and significant execution challenges. Management's focus on the S175 platform and the 'Suzlon 2.0' strategy aims to enhance operational efficiency and expand market share, targeting 10GW of sales by FY31. However, near-term margin pressures are evident due to a higher EPC project mix and geopolitical supply chain disruptions. Vista's financial outlook reflects moderated revenue growth and ongoing margin compression, with a cautious investor sentiment impacting valuation. Despite these challenges, Suzlon's strong order book of 6.1GW provides visibility for future revenue, supported by strategic initiatives in international markets and repowering opportunities. The renewable energy sector's growth trajectory, particularly in India, bolsters Suzlon's long-term prospects, although execution risks remain a watchpoint. Over the next 12-24 months, key opportunities include successful project execution and international expansion, while headwinds may arise from supply chain issues and competitive pressures
Why We Like This Stock
- Strong order book of 6.1GW provides significant revenue visibility over the next 12-24 months
- Strategic focus on higher-capacity turbines and EPC contracts enhances competitive positioning
- Positive long-term growth outlook driven by India's renewable energy targets and Suzlon's ambitious sales goals
Things To Watch Out For
- Near-term margin pressures due to a higher EPC project mix and geopolitical supply chain disruptions
- Execution risks related to project delays and competitive pressures from international OEMs
- Cautious investor sentiment impacting current valuation and market expectations
Key Parameters
Financial Snapshot
| Actuals | Forecast | ||||
|---|---|---|---|---|---|
| FY24 | FY25 | FY26 | FY27 | FY28 | |
| Revenue (Cr.) | 6,529 | 10,890 | 16,732 | 15,625 | 20,102 |
| Profit Before Tax (Cr.) | 721 | 1,453 | 2,442 | 1,925 | 2,696 |
| PBT Margin | 11.0% | 13.3% | 1459.5% | 12.3% | 13.4% |
| Net Profit (Cr.) | 718 | 1,439 | 2,414 | 1,444 | 2,022 |
| Earnings Per Share | 0.5 | 1.0 | 1.8 | 1.0 | 1.5 |
Analyst Recommendations
| Broker | Recommendation | Target Price | Date |
|---|---|---|---|
| Anand Rathi | ▲ Buy | 56 | 29-Jul-2026 |
| Deven Choksey | ▲ Buy | 65 | 14-Jul-2026 |
| ICICI Securities | ▲ Buy | 65 | 29-Jul-2026 |
| JMFinancials | ▲ Buy | 65 | 09-Jun-2026 |
| Motilal Oswal | ▲ Buy | 65 | 29-Jul-2026 |
| UBS | ▲ Buy | 72 | 15-Jun-2026 |
Company Overview
Show Company Profile
Suzlon Energy Limited, together with its subsidiaries, manufactures and sells wind turbine generators and related components in India and internationally. It operates through the WTG, Foundry & Forging, O&M services, and Others segments. The company also provides operation and maintenance services for wind turbine generators, as well as project execution, procurement, marketing, and shared service center-related services. In addition, it is involved in the sale/sub-lease of land; manufacture and sale of forging rings and casting articles, as well as power generation and evacuation infrastructure facilities. The company was incorporated in 1995 and is headquartered in Pune, India.