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Suzlon Energy share price & results

Suzlon Energy Limited· Capital Goods· Industrials

Results to
Jun 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

India's largest wind turbine manufacturer — designs, builds, erects and services WTGs nationwide.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue3,829 ₹ crore+22.3% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin16.0 %−3.0 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit305 ₹ crore−5.9% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity40.37 %−1.8 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin3.74 %−2.9 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)45.24 %−13.1 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

2 of 4 judged targets kept · 13 open · verdicts reflect calls analysed to Q1 FY27.

Suzlon Energy Limited management guidance track record on Inve: 17 targets tracked across analysed earnings calls (2 achieved, 2 missed, 13 open).

TargetOriginal wordingSaidLatest callVerdict
Annual Capex Run RateINR 600 crores (+/- 50 crores) per year for the next 3-4 years
Call transcript, Q4 FY26 · 25 May 2026		Q4 FY26Q1 FY27:Revised guidance for FY27 to INR 700 cr +/- 100 cr, up from INR 600 cr +/- 50 cr, to support growth and new factories.
Call transcript, Q1 FY27 · 28 Jul 2026		Revised Up
YoY Growth across key parameters60% growth across all key parameters in FY '26 over FY '25
Call transcript, Q4 FY25 · 29 May 2025		Q4 FY25Q4 FY26:Achieved 63% YoY EBITDA growth. Missed slightly on Revenue (54% YoY) and Deliveries (58% YoY) against the 60% target.
Call transcript, Q4 FY26 · 25 May 2026		Achieved*
Net Finance Costclose to about INR 250 crores
Call transcript, Q4 FY25 · 29 May 2025		Q4 FY25Q4 FY26:Final Net Finance Cost for FY26 was not mentioned in the Q4 earnings call or materials. The target was previously revised multiple times.
Call transcript, Q4 FY26 · 25 May 2026		Ghosted

Source: Inve Guidance Tracker for Suzlon Energy Limited · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

2 of Suzlon Energy Limited's 17 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 14 more targets are in the full ledger.

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Price

₹37.12 −0.75% · −₹0.28

Last close 26 Oct 2026 · NSE · INR · Source: Inve

Performance −31.0% 1Y

₹35.0₹40.0₹45.0₹50.0₹55.0₹60.0Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 4 Nov 2025Q3 FY26 — 5 Feb 2026Q4 FY26 — 25 May 2026Q1 FY27 — 28 Jul 2026

1Y: ₹53.82 on 24 Oct 2025 → ₹37.12. High ₹59.99 (4 Nov 2025), low ₹36.43 (8 Oct 2026).

Previous close
₹37.4
Market cap
₹50.4k Cr
52-week range
₹36.43 – ₹59.99
One year
−30.89%
Price to earnings (TTM to Jun 2026)
16.05×
Return on equity (TTM to Jun 2026)
40.37%

Overview

Symbol
NSE:SUZLON
Industry
Industrials
Exchange
NSE
Currency
INR

What Suzlon Energy Limited does

Based on the company's own presentations, annual report and earnings calls.

Suzlon designs, manufactures and installs wind turbine generators (WTGs) for utility, PSU, and commercial & industrial (C&I) customers in India, and increasingly executes turnkey EPC wind projects — covering site development, land acquisition and construction — rather than selling equipment alone. It earns across three linked business lines: WTG equipment sales, EPC/project delivery (including long-term DevCo wind parks), and multi-year operations & maintenance (O&M) contracts on its installed wind fleet. A backward-integrated subsidiary, SE Forge, manufactures forged and cast components that feed Suzlon's own turbine production. Founded in 1995 as India's pioneering wind energy company, Suzlon has built and commissioned wind projects across roughly 100 clusters within India and carries a legacy of international projects spanning 17 countries.

Segments

  • WTG Manufacturing & Sales
  • EPC / Project Development
  • Operations & Maintenance (O&M) Services
  • SE Forge (Forgings & Castings)
Market position (India wind)
Largest wind turbine (WTG) manufacturer in India by market share
Cumulative installed wind fleet (India)
18 GW
Customer base
1,900+ customers
Wind project clusters served (India)
~100 wind clusters
Manufacturing capacity
4.5 GW/year, including 3 AI-enabled smart blade factories
Manufacturing facilities
Daman (Gujarat) and Puducherry
Founded 1995Headquarters Corporate Office: Pune, Maharashtra; Registered Office: Ahmedabad, Gujarat, India Company website

How the price took the results

close before → close after

Q1 FY27
−9.7%
28 Jul
Q4 FY26
+0.4%
25 May
Q3 FY26
−3.9%
5 Feb
Q2 FY26
+1.3%
4 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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