Suzlon Energy
- Market cap
- ₹ 51,409 Cr.
- P/E
- 16.2x
- P/B
- 5.59x
- 52-week range
- 36.31 – 61.5
- ROE
- 40%
- ROCE
- 34%
- Dividend yield
- 0%
- Debt / equity
- 0.06
- Sector
- Electrical Equipment
- Industry
- Heavy Electrical Equipment
- Listed on
- NSE, BSE
About
Suzlon Energy Limited is a renewable energy solutions provider. The Company specializes in the design, development, manufacturing, installation and maintenance of wind turbines and related renewable energy components. It manufactures wind turbine generators (WTGs) and related components of various capacities. Its products include S144 Wind Turbine Generator, S133 Wind Turbine Generator and S120 Wind Turbine Generator. The S144 is extendable depending on the site’s wind conditions. These products offer hub heights up to 160 meters (m). The fleet delivers 40-43% higher generation over the S120. 10-12% higher generation over S133. The S133 is extendable up to 3.0 megawatts (MW) depending on the site's wind conditions. The S120 2.1 MW is available in three variants with towers up to 140 m hub height. Its services include operations and maintenance services, leadership, optimization and digitalization, value-added services and products, and multi-brand operation and maintenance services.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Heavy Electrical Equipment: 51 companies →Suzlon Energy against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)16.2 against a typical 30.6: cheaper than most peers (1st = cheapest).12th of 50
- Sales growth+22.3% against a typical +23.8% from a year earlier.22nd of 41
- Profit growth−5.9% against a typical +24.6% from a year earlier.27th of 40
- Share price, 3 months−21.4% against a typical −8.7%.39th of 45
- Size₹ 51,408.5 Cr. market value against a typical ₹ 5,357.9 Cr. (1st = largest).8th of 47
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Adequate safety
Rated AA- to A+ by 2 agencies- All agencies agree and none has raised a warning.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil AA- | Stable | 27 Oct 2026 |
| ICRA | [ICRA]A+ /[ICRA]A1 | Stable | 19 May 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 27 Oct 2026 | ▲ Upgrade | Crisil AA- | Low | CRISIL | ₹ 5,685 Cr. | |
| 19 May 2026 | Reaffirmed | [ICRA]A+ /[ICRA]A1 | — | ICRA | ₹ 2,635 Cr. | |
| 6 Oct 2025 | New rating | [ICRA]A+ /[ICRA]A1 | — | ICRA | ₹ 2,635 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 29 Oct 2026Upcoming | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 28 Jul 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 25 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 5 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 4 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 12 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 29 May 2025 | Financial Results | To consider and approve the financial results for the period ended March 31, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,421 | 1,560 | 2,196 | 2,022 | 2,103 | 2,975 | 3,790 | 3,132 | 3,871 | 4,236 | 5,493 | 3,829 |
| Expenses | 1,196 | 1,313 | 1,839 | 1,652 | 1,809 | 2,475 | 3,096 | 2,533 | 3,150 | 3,498 | 4,529 | 3,234 |
| Operating Profit | 225 | 248 | 357 | 370 | 294 | 500 | 693 | 599 | 721 | 738 | 964 | 595 |
| OPM % | 16% | 16% | 16% | 18% | 14% | 17% | 18% | 19% | 19% | 17% | 18% | 16% |
| Other Income | −28 | 9 | −16 | 23 | 18 | 28 | 35 | 33 | 27 | 23 | 97 | 33 |
| Interest | 44 | 14 | 44 | 45 | 56 | 70 | 85 | 103 | 110 | 114 | 135 | 134 |
| Depreciation | 51 | 39 | 44 | 46 | 54 | 66 | 93 | 70 | 75 | 80 | 93 | 106 |
| Profit before tax | 102 | 203 | 253 | 302 | 202 | 391 | 551 | 459 | 562 | 567 | 833 | 389 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 1% | −114% | 29% | −127% | 21% | −34% | 22% |
| Net Profit | 102 | 203 | 254 | 302 | 201 | 388 | 1,181 | 324 | 1,279 | 445 | 1,114 | 305 |
| EPS in Rs | 0.08 | 0.15 | 0.19 | 0.22 | 0.15 | 0.29 | 0.87 | 0.24 | 0.94 | 0.33 | 0.82 | 0.22 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 6%
- 5 Years
- 38%
- 3 Years
- 41%
- TTM
- 45%
- 10 Years
- 23%
- 5 Years
- 45%
- 3 Years
- 163%
- TTM
- 50%
- 10 Years
- 12%
- 5 Years
- 54%
- 3 Years
- 31%
- TTM
- —
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 38%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Suzlon Energy | ₹ 37.30 | ₹ 51,409 Cr. | 16.2x | 5.6x | 40% | — |
| Bharat Heavy Electricals | ₹ 387.00 | ₹ 1,34,756 Cr. | 92.4x | 5.6x | — | 6.8% |
| Thermax | ₹ 3,095.60 | ₹ 36,999 Cr. | 73.4x | 10x | 13.7% | 6.7% |
| Voltas | ₹ 950.00 | ₹ 31,434 Cr. | 112.5x | 7x | 5.8% | 3.5% |
| AIA Engineering | ₹ 3,588.70 | ₹ 33,490 Cr. | 34.1x | 5.4x | 17% | 28.7% |
| Blue Star | ₹ 1,496.00 | ₹ 30,760 Cr. | 62.1x | 10.1x | 16.3% | 4.3% |
Management
- Vinod R. Tanti
- Executive Chairman of the Board, Managing Director
- Ajay A. Kapur
- Group Chief Executive Officer
- Girish R. Tanti
- Executive Vice Chairman of the Board
- Rahul Jain
- Chief Financial Officer
- Geetanjali Santosh Vaidya
- Compliance Officer, Company Secretary
Prices are delayed and for information only. Nothing on this page is investment advice.