SuzlonEnergy shares were last seen trading slightly higher at ₹60.11. Despite a 3.63% YTD dip, this key player among renewable energy companies remains a strong contender in India and is shifting towards renewable energy resources. As a notable example in the renewableenergy space, Suzlon highlights the growth of various types of renewable energy solutions.

Disclaimer:
I am not a certified technical analyst, and the views shared here are solely my own views for educational purposes. My intention to write this Blog is to provide detailed information of the stock which is collected from different websites and combined together to provide for proper knowledge at one place. Please consult your financial advisor before making any investment or trading decisions. I am not responsible for your profits or losses, as that is entirely your own responsibility.
Project Details
Suzlon Energy’s recent 378 MW wind energy order from NTPC Green Energy, announced on April 23, 2025, marks a significant milestone in India’s renewable energy landscape. This deal, executed in Karnataka’s Gadag region, not only consolidates Suzlon’s partnership with NTPC Green Energy but also underscores its leadership in the wind energy sector. Below, we delve into the specifics, financial implications, and strategic importance of this order, ensuring a comprehensive understanding for investors, analysts, and energy enthusiasts.
Financial Performance Overview
Q1 FY25 (April–June 2024)
- Revenue: ₹2,016 crore, marking a 50% year-over-year (YoY) increase from ₹1,348 crore
- Net Profit: ₹302 crore, a substantial 200% YoY rise from ₹101 crore
- EBITDA: ₹370 crore, up 86% YoY, with an improved EBITDA margin of 18.4% compared to 14.8% in the previous year
Q2 FY25 (July–September 2024)
- Revenue: ₹2,103 crore, reflecting a 48% YoY growth
- Net Profit: ₹200 crore, nearly doubling the previous year
EBITDA: ₹293.7 crore, with a margin of 13.97%
Balance Sheet & Capital Structure
- Debt Status: As of September 2023, Suzlon achieved a net cash position of ₹599 crore, transitioning from a net debt of ₹1,180 crore in March 2023. This shift was facilitated by a successful Qualified Institutional Placement (QIP) in August 2023.
Finance Costs: “The company’s quarterly net finance cost reduced by 61% YoY, indicating improved financial health
Operational Highlights
- *Order Book: At the end of Q2 FY24, Suzlon’s order book stood at a robust 1,613 MW, showcasing strong demand for its wind energy solutions.
*Service Business: The company’s service segment continues to perform well, contributing positively to overall operations
Stock Performance
- *Share Price Movement: Suzlon’s stock has experienced significant appreciation, with a 207.01% increase year-to-date. The share price rose from ₹10 to ₹32.85, reflecting strong investor confidence.
- 55.90 and 51.10 can be the demand zones for Suzlon with stoploss of 50 and Target of 75 and 81 respectively.

Disclaimer:
I am not a certified technical analyst, and the views shared here are solely my own views for educational purposes. My intention to write this Blog is to provide detailed information of the stock which is collected from different websites and combined together to provide for proper knowledge at one place. Please consult your financial advisor before making any investment or trading decisions. I am not responsible for your profits or losses, as that is entirely your own responsibility.
Strategic Outlook
- Asset Management: With a strong cash position, Suzlon is not compelled to divest assets, allowing for strategic decision-making regarding asset sales.
Growth Prospect: The company’s improved financial and operational efficiency position it well to capitalize on the growing renewable energy market in India
Investment Considerations
Strengths:
- Debt-free status with healthy cash surplus
- Consistent revenue and profit growth
- Strong order book indicating future revenue streams
*Risks:
- Dependence on policy support for renewable energy
- Market volatility affecting stock performance.
Conclusion
Suzlon Energy’s turnaround story, marked by financial prudence and operational excellence, makes it a compelling case for investors interested in the renewable energy sector. However, potential investors should consider market risks and conduct further due diligence.
Disclaimer:
I am not a certified technical analyst, and the views shared here are solely my own views for educational purposes. My intention to write this Blog is to provide detailed information of the stock which is collected from different websites and combined together to provide for proper knowledge at one place. Please consult your financial advisor before making any investment or trading decisions. I am not responsible for your profits or losses, as that is entirely your own responsibility.