Suzlon Energy Limited has informed the Exchange about Transcript
SUZLON · price
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Suzlon reported a record-breaking Q3 FY26 with highest-ever quarterly deliveries of 617 MW in India. The company posted revenue of INR4,228 crores, EBITDA of INR739 crores (up 48% YoY), PBT of INR567 crores, and PAT of INR445 crores. Nine-month revenue rose 58% YoY to INR11,211 crores with EBITDA at INR2,058 crores (up 77% YoY). Order book hit a record 6.4 GW with a book-to-bill ratio of 1.9x, and EPC share expanded from 20% to 27%. The S144 platform order book crossed 5.4 GW, the 4.5 GW manufacturing capacity is fully operational, and three new AI-enabled smart blade factories are being set up. Balance sheet remains strong with net worth of INR8,332 crores and net cash of INR1,556 crores. Management reaffirmed 60% YoY growth guidance for FY26 and introduced new Group CFO Rahul Jain.
Positive for shareholders — record deliveries, highest order book, strong cash position, and reaffirmed full-year growth guidance signal sustained momentum. However, Q3 WTG margin dipped to 13.7% from 15.6% in H1 due to customer mix and higher project revenue share, which warrants monitoring. Export expansion into Europe with the EU trade deal and a new President Europe appointment adds a future growth lever.