SUZLON · NSE

Suzlon Energy Limited

₹43.14

+1.41% (+₹0.6)

Prev. close

₹42.54

Volume

6,34,71,191

Delivery %

51.9%

As of

18 Sept 2026

Price history

Bullish

ETMarkets Analysis · ETMarkets.com · 23 Aug 2026

Consensus estimates from market analysts, compiled by Trendlyne, indicate a 'STRONG BUY' rating for Suzlon Energy, projecting a 33% upside over the next 12 months from its current trading price of Rs 46.71 to a target price of Rs 62.

Published mid-session at 11:32 IST. Tracking counts only prices printed after publication — the chart's dashed divider marks that moment; earlier prices never count toward entry or results.

Target ₹62PENDINGCall pageClear
Loading 1-hour bars since the call…
ETMarkets Analysis's call · 23 Aug 2026

Analyst sentiment

Analysts lean bullish

1 analyst stance · last 90 days · one per analyst

Trackable

1 · 1 bull / 0 neutral / 0 bear

Long-Horizon

none in window

Commentary

none in window

Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded

Bullish 100% (1)Neutral 0% (0)Bearish 0% (0)
Explore by date range →

Analyst opinions

CallAnalystInstrumentVerdictActions
Consensus estimates from market analysts, compiled by Trendlyne, indicate a 'STRONG BUY' rating for Suzlon Energy, proje…ETMarkets AnalysisETMarkets.comSuzlon EnergyPENDING
Consensus estimates from market analysts, compiled by Trendlyne, indicate a 'STRONG BUY' rating for Suzlon Energy, projecting a 33% upside over the next 12 months from its current trading price of Rs 46.71 to a target price of Rs 62.
Rating & targetTarget ₹62Track opinion →

This call hasn't reached its evaluation window yet — the verdict will appear here once it's graded.

Fundamentals

About Suzlon Energy Limited

Suzlon Energy Limited, together with its subsidiaries, manufactures and sells wind turbine generators and related components in India and internationally. The company operates through the WTG, Foundry & Forging, O&M services, and Others segments. It offers onshore wind turbine generators with capacities ranging from 2 MW to 6 MW, and classic fleet turbines; and services including project development through its RE DevCo business, energy storage solutions, and renewable energy asset management. The company also provides operation and maintenance services for wind turbine generators, as well as project execution, procurement, and marketing 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.

Details

Sector

Industrials

Industry

Specialty Industrial Machinery

CEO

Mr. Ajay A. Kapur B.A., M.M.S.

Headquarters

Pune

Employees

8,600

Website

suzlon.com

Key stats

Market cap

₹58,474.55 Cr

P/E ratio (TTM)

18.4

EPS (TTM)

₹2.31

Beta (1Y · daily vs NIFTY 50)

1.30

Beta (5Y · monthly vs NIFTY 50)

1.75

Shares float

1,121.30 Cr

EPS · quarter ended Jun 2026

₹0.22

Upcoming earnings

27 Oct 2026

Financial Performance

01 · Financials

-20000 Cr0 Cr20000 Cr-50%0%50%100%FY21FY22FY23FY24FY25FY26
RevenueNet incomeEBITDARevenue growth YoY

FY21 growth needs FY20 filings, which the data source doesn't provide.

02 · Earnings Per Share (EPS)

-2024FY21FY22FY23FY24FY25FY26

04 · Operating Efficiency (Growth Rates)

Balance-sheet-based · pre-FY23 not filed in verifiable form

-100%0%100%200%FY21FY22FY23FY24FY25FY26
SalesFixed assetsReceivables (trade + unbilled)Inventory

05 · Capital Structure & Asset Utilization

Pre-FY23 not filed in verifiable form

0 Cr5000 Cr10000 Cr15000 Cr20000 Cr0.5×1.5×FY21FY22FY23FY24FY25FY26
Total assetsTotal debtDebt / equityAsset turnover

Asset turnover needs a prior year of assets — omitted for the earliest available year.

06 · Asset Base Composition

Pre-FY23 not filed in verifiable form

0 Cr5000 Cr10000 Cr15000 Cr20000 CrFY21FY22FY23FY24FY25FY26
Fixed assetsCurrent assetsOther assets

07 · Debt Level & Coverage

Pre-FY23 not filed in verifiable form

-5000 Cr0 Cr5000 Cr10000 CrFY21FY22FY23FY24FY25FY26
DebtFree cash flowCash & equivalents

08 · Profit & Loss

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹3,345.72 Cr₹6,581.78 Cr₹5,970.53 Cr₹6,529.09 Cr₹10,889.74 Cr₹16,731.84 Cr
EBITDA₹1,359.61 Cr₹994.76 Cr₹3,572.15 Cr₹954.74 Cr₹1,811.50 Cr₹2,963.46 Cr
₹104.18 Cr₹-199.59 Cr₹2,849.01 Cr₹660.35 Cr₹2,071.63 Cr₹3,163.39 Cr
Diluted EPS₹0.12₹-0.22₹2.64₹0.5₹1.51₹2.31

09 · Balance Sheet

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹6,601.09 Cr₹6,474.86 Cr₹5,523.38 Cr₹7,179.02 Cr₹12,959.59 Cr₹18,868.86 Cr
₹6,465.22 Cr₹1,937.92 Cr₹150.24 Cr₹740.12 Cr₹981.09 Cr
Stockholders' equity₹3,400.71 Cr₹3,561.81 Cr₹1,099.14 Cr₹3,920.31 Cr₹6,105.72 Cr₹9,463.52 Cr

Current assets, Non-current assets, Fixed assets, Others, Total debt, Long-term debt, Current (short-term) debt have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.

10 · Cash Flow Statement

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹530.50 Cr₹1,301.90 Cr₹491.08 Cr₹79.53 Cr₹1,091.96 Cr₹1,202.06 Cr
Investing cash flow₹-23.73 Cr₹-18.43 Cr₹84.91 Cr₹-151.55 Cr₹-751.74 Cr₹-914.25 Cr
₹-326.60 Cr₹-1,044.95 Cr₹-708.91 Cr₹131.63 Cr₹343.01 Cr₹-154.94 Cr
Capital expenditure₹-51.93 Cr₹-76.72 Cr₹-100.68 Cr₹-227.36 Cr₹-370.61 Cr₹-576.98 Cr
End cash position₹262.50 Cr₹500.43 Cr₹367.31 Cr₹426.84 Cr₹1,112.83 Cr₹1,245.70 Cr

Debt issued, Debt repaid have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

Annual only — the data source has no quarterly cash-flow-statement coverage.

11 · Shareholding Pattern

NSE, quarterly

Line itemSep 21Dec 21Dec 21(2Q)Mar 22May 22Jun 22(2Q)Sep 22Jun 23(6Q)Aug 23Mar 24(4Q)Jun 24Sep 24Mar 25(3Q)Jun 25Sep 25Mar 26(3Q)Jun 26
Promoter16.41%16.04%15.85%14.92%14.50%13.29%13.27%13.25%11.74%11.73%11.71%
Public83.59%83.96%84.15%85.08%85.50%86.71%86.73%86.75%88.26%88.27%88.29%
Employee trusts0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.

12 · Peer Comparison

Industrials

Company
Larsen & Toubro Limited₹5.24 L Cr₹3,836.231.64.7914.7%1.15+11.8%+4.1%
Adani Ports and Special Economic Zone Limited₹4.00 L Cr₹1,82429.44.1713.3%0.66+27.1%+29.1%
Hindustan Aeronautics Limited₹3.20 L Cr₹4,800.334.37.8022.2%0.00+5.6%-1.2%
Bharat Electronics Limited₹2.82 L Cr₹395.4546.011.7525.3%0.00+15.9%-4.1%
InterGlobe Aviation Limited₹1.87 L Cr₹4,92026.87-34.3%11.15+6.6%-13.9%
ABB India Limited₹1.51 L Cr₹7,270.595.519.2821.3%0.01+8.1%+33.7%
Bharat Heavy Electricals Limited₹1.43 L Cr₹429.258.85.476.1%0.31+18.3%+83.2%
Hitachi Energy India Limited₹1.39 L Cr₹32,700121.726.8919.1%0.02+27.2%+68.7%
Cummins India Limited₹1.39 L Cr₹5,099.557.816.4227.9%0.00+16.9%+24.3%
CG Power and Industrial Solutions Limited₹1.39 L Cr₹892107.617.3915.1%0.01+25.1%+13.7%
Siemens Limited₹1.33 L Cr₹3,763.578.810.0715.9%0.01+16.2%+13.3%
Suzlon Energy Limited₹57,938.47 Cr₹42.5418.76.1233.4%0.10+53.7%-28.3%

Ranked by market cap within Industrials, same metrics as the Fundamentals screener. Click a column to sort.

Documents

Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.

Index membership

55 indices

NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.

SUZLON

Suzlon Energy Shares Trading 31% Below Their 52-Week High; 5 Points That Could Indicate a Trend Reversal

Trade Brains · 9 hours ago

SUZLON

Suzlon Energy vs IREDA: Which Is A Better Renewable Energy Stock? MCap, Roe, Dividend Comparison

Suzlon Energy and IREDA are compared as renewable energy stocks, with Suzlon having a higher market capitalization of Rs 73,843.12 crore and an ROE of 79.58%. Suzlon Energy manufactures wind turbines, while IREDA provides loans for renewable energy projects. Suzlon's stock returned 34% in one month, while IREDA's returned 24%.