Suzlon Energy Shares were in demand on Friday and the stock was trading with 3.33 percent gains at the time of publication of this report. Suzlon Energy opened at Rs 64.80 and was currently trading around day's highs at Rs 66.93. The stock is looking bullish on technical charts and a close above Rs 65 could see further strength during the next week. Global markets were positive as well with Nasdaq trading near all-time highs. From the brink of collapse a few years ago to an enviable position of net cash balance and institutional backing, the company’s stock has surged by nearly 800% in just three years. With a robust pipeline of wind energy projects, aggressive debt reduction, and strong analyst endorsements, Suzlon is once again commanding serious attention in the equity markets.

Stock Performance and Market Capitalization

As of June 27, 2025, Suzlon Energy trades between Rs. 64.53 and Rs. 66.93, boasting a market cap approaching Rs. 90,000 crore. Over the past year alone, the stock has appreciated by 22–25%, and an extraordinary ~800% over three years—clearly outpacing benchmark indices and its renewable energy peers. While a recent 8% correction in June sparked short-term volatility, the stock continues to trend above all critical moving averages, indicating sustained bullish momentum.

Promoter Exit and Institutional Entry

Earlier this month, the company’s promoters sold a 1.45% stake via block deals, generating Rs. 1,309 crore and reducing their holding to 11.8%. Far from triggering panic, this divestment attracted marquee institutional investors such as Goldman Sachs and Morgan Stanley, along with leading domestic mutual funds. The stock responded with a modest rally, reflecting market confidence in the long-term value proposition of Suzlon.

Landmark Orders Cement Market Position

Suzlon recently secured a significant 170.1 MW order from AMPIN Energy Transition, their third consecutive deal with the client, bringing the total business from AMPIN to 303 MW. This win is emblematic of Suzlon’s operational momentum and reflects deep trust from major renewable players. The company’s order backlog exceeds 5 GW, translating into a revenue pipeline of nearly Rs. 36,000 crore.

Financial Renaissance: Q4 FY25 Highlights

In the fourth quarter of FY25, Suzlon posted a staggering 365% year-on-year rise in net profit, climbing from Rs. 254 crore to Rs. 1,181 crore. This surge was partially aided by a deferred tax gain of Rs. 600 crore. Quarterly revenue also rose sharply by 73% to Rs. 3,773.5 crore. EBITDA margins improved to 18% due to increased turbine deliveries and operational efficiency.

Suzlon’s balance sheet has been fundamentally transformed—debt has been slashed to a point where the company now holds a net cash position of Rs. 1,943 crore. The consolidated net worth is now pegged at Rs. 6,106 crore, and the debt-to-equity ratio stands at a low 0.05.

Analyst Coverage and Target Prices

The company is overwhelmingly favored by the analyst community:

• 7 out of 8 analysts currently rate Suzlon as a ‘Buy’
• Consensus target price: Rs. 76.25 (18–20% upside from current levels)
• Highest target: Rs. 83 (Motilal Oswal)
• Lowest target: Rs. 68 (Nuvama)

Key Financial Metrics (FY25)

• Revenue: Rs. 3,606–3,825 crore
• Net Profit: Rs. 1,181 crore
• EBITDA Margin: 18%
• Return on Equity: 33.93%
• P/E Ratio: ~43–44x
• Book Value: Rs. 4.48–4.49 per share
• Debt-to-Equity Ratio: 0.05

Shareholding Pattern (as of March 2025)

• Promoters: 13.25% (recently reduced to 11.8%)
• Retail & Others: 54.98%
• Foreign Institutional Investors (FIIs): 23.03%
• Domestic Institutional Investors (DIIs): 4.57%
• Mutual Funds: 4.17%

Growth Catalysts and Strategic Risks

Drivers:

• Massive order backlog ensures stable future revenue
• Debt-free balance sheet boosts investor sentiment
• Policy tailwinds from India’s renewable energy push
• Introduction of advanced turbines like S144, S133, S120

Risks:

• Execution delays on large-scale projects
• Short-term volatility due to profit-booking
• Competition from domestic and global turbine makers
• Gross margin pressure due to business mix shifts

Technical Indicators and Market Sentiment

Suzlon remains technically strong, trading above all key moving averages (5-day to 200-day). The RSI indicator is in the neutral zone, though it recently entered overbought territory, hinting at potential short-term consolidation. Analyst sentiment is overwhelmingly positive with 87.5% ‘Buy’ recommendations and no ‘Sell’ calls.

Future Outlook: Long-Term Price Targets and Revenue Trajectory

Final Word: Is Suzlon Energy Still a Buy?

Backed by strong financials, a massive order book, institutional trust, and supportive policy environments, Suzlon Energy has scripted a dramatic turnaround story. Execution risks and short-term valuations remain key watchpoints, but the medium- to long-term investment case appears compelling.

For investors willing to weather near-term volatility, Suzlon offers exposure to India's clean energy transformation—backed by scale, technology, and now, the confidence of Wall Street and Dalal Street alike.