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NSE:SUZLON

SUZLON ENERGY LIMITED

Capital Goods › Electrical Equipment·NIFTY 200NIFTY 500NIFTY INDIA FPI 150NIFTY LARGEMIDCAP 250+9
₹37.30
at close · 28 Oct 2026
▲ 0.38 (+1.03%)
ThemesWind Energy· coreBatteries & Energy Storage· mentionGreen Hydrogen· mention

Latest filings

Next results: Thu, 29 Oct · Financial Results
  1. CRISIL upgrades Suzlon Energy bank loan ratings · Credit & Debt
  2. Suzlon Energy schedules Q2 FY27 results conference call · Board & Shareholder Meetings
  3. Suzlon allots 3.46 lakh shares via ESOP exercise; paid-up capital rises to over Rs 2,749 crore · Capital Market Events
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Manufactures and sells wind turbine generators for onshore wind power projects, and runs lifetime operation-and-maintenance service on the installed fleet. The Wind Turbine Generator segment dominates, contributing 82.0% of FY26 segment revenue at Rs 14,040.19 crore, while Operation & Maintenance Service adds 14.5% (Rs 2,483.85 crore) by servicing turbines already in the field. A small Foundry & Forging unit makes castings and forgings used in turbine production, at 3.5% of revenue (Rs 596.49 crore). Management describes the business as an integrated model combining equipment supply, a manufacturing footprint, a supply chain and a service network, which brings in recurring revenue from the serviced fleet. Materials are the largest cost at 68.3% of revenue, making margins sensitive to commodity prices, while employees account for 6.6% and other opex 10.8%.

Revenue mix · reported segments
Wind Turbine Generator82.0%
Operation & Maintenance Service14.5%
Foundry & Forging3.5%
Others0.0%
Operating scale
Q1 FY27 deliveries
506 MWQ1 FY27
Order book
6.1 GWQ1 FY27
Manufacturing footprint
4.5 GW across three AI-enabled smart factoriesQ1 FY27
RE Asset Management Services portfolio
16.1+ GW with 95%+ availabilityQ1 FY27
Average selling price
Rs 6.3 cr/MWQ1 FY27
Largest turbine rating
S175 at 5.0 MWFY27
Who pays it
Indian independent power producers and renewable energy developers ordering turbines, EPC and lifetime O&M (named buyers include Tata Power Renewables, Waaree Forever Energies and Sunsure Energy).
Biggest cost
Materials and components at 68.3% of revenue.
Kind of business
Cyclical, capital-goods wind turbine OEM with a recurring installed-base service annuity and a small captive foundry.
Where it sits
Domestic wind turbine manufacturer in India's heavy electrical equipment industry; long-term ambition stated as 10 GW of RE sales and 70 GW of AUM.
Market Cap
₹51,299 Cr
P / E (TTM)
16.4×
EV / EBITDA
15.9×
Div Yield
—
Growth
38.0%▲
Revenue 5y CAGR
PAT +98.1% · EBITDA +18.7%
Quality
27.0%▲
ROCE (5y median)
ROE n/m · margin 19.1%
Leverage
0.03·
Debt / Equity · low
Net cash ₹367 Cr
Revenue FY21→FY26
5.0×▲
Margin +15.8 pts
₹3,346 Cr → ₹16,732 Cr
Cash conversion
0.48×▼
Operating cash ÷ profit · 5 yrs
₹4,096 Cr on ₹8,606 Cr
Moves on a normal day
1.18%·
Median daily move
Last 268 sessions · the yardstick for filing-day moves
Where it sits among 35 Heavy Electrical Equipment peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#7/34
P/B#17/33
ROCE#10/36
ROE#4/34
Debt / Equity#16/34
EBITDA margin#18/35
Revenue growth#15/33
Profit growth#19/32

Scorecard

Measured from the filed financials, judged against its Heavy Electrical Equipment peers · as of FY26 — not investment advice

Strengths
Revenue compounding 38% a year over 5 years
Profit compounding 98% a year over 5 years
Returns on capital 27.0% (5-year median)
#10 of 36 in Heavy Electrical Equipment on the latest reported figures · down from 39.5% in FY21
Concerns
Over 5 years it reported ₹8,606 Cr of profit and ₹4,096 Cr of operating cash — 0.48×
Less than 60p of every ₹1 of profit arrived as cash
Heavy working capital — 124 days of cash tied up
EPS grew slower than profit — the share count rose (bonus or dilution)

Charts

How has the market priced it — with filings on the timeline?

SUZLON · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from SUZLON ENERGY LIMITED's filed financials and exchange disclosures

What does SUZLON ENERGY LIMITED do?

SUZLON ENERGY LIMITED is a Electrical Equipment company listed on NSE and BSE, trading under the symbol SUZLON.

Is SUZLON ENERGY LIMITED profitable?

Yes. Over the trailing twelve months SUZLON ENERGY LIMITED reported a net profit of ₹3,144 Cr on revenue of ₹17,429 Cr.

Does SUZLON ENERGY LIMITED pay a dividend?

Not in the latest reported year — SUZLON ENERGY LIMITED's dividend payout for FY26 was nil.

Is SUZLON ENERGY LIMITED debt-free?

On a net basis, yes. It reported borrowings of ₹264 Cr on its 31 Mar 2026 balance sheet, but holds ₹367 Cr more cash than debt.

Is SUZLON ENERGY LIMITED expensive compared with its peers?

On trailing P/E, SUZLON ENERGY LIMITED ranks 7 of 34 in Heavy Electrical Equipment — cheaper than 82% of them, against an industry median of 36.5×. This is a position, not a valuation judgement.

How much does the SUZLON ENERGY LIMITED share price move in a day?

On a typical session SUZLON ENERGY LIMITED moves 1.18% — that is the median absolute close-to-close move across its last 268 trading days. MarketPing measures each filing's price reaction against it.

When are SUZLON ENERGY LIMITED's next results?

Financial Results on Thu, 29 Oct. MarketPing alerts you on WhatsApp the moment the filing lands.

Where can I track SUZLON ENERGY LIMITED's announcements?

Every NSE and BSE filing by SUZLON ENERGY LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.