This article focuses on Suzlon’s share price targets for 2025, 2026, 2028, 2030, 2040, and 2050. We’ll also explore the company’s fundamentals, market sentiment, income reports, share price history, and quarterly performance. This analysis aims to guide investors in making informed decisions.
About Suzlon
Suzlon Energy Limited is a prominent renewable energy company in India, specializing in wind energy solutions on a global scale. Established in 1995 by Tulsi Tanti, the company is headquartered in Pune. Suzlon has been a pioneer in promoting sustainable energy in India and internationally. It focuses on manufacturing wind turbines and offers a range of services, including project development, installation, maintenance, and lifetime asset management.
Over the past 20 years, Suzlon has installed more than 21 GW of wind power capacity across 17 countries, showcasing its commitment to renewable energy. The company’s wind turbines are designed to operate efficiently even in low-wind areas, maximizing energy output. Alongside wind energy, Suzlon has expanded into solar energy and is working on hybrid solutions combining wind and solar power.
In India, Suzlon leads the renewable energy sector with a power generation capacity of 14,950 MW through over 111 wind farms. It operates large onshore wind farms across nine states, including Rajasthan, Gujarat, Maharashtra, and Tamil Nadu. The company employs a workforce of over 7,700 employees, demonstrating its robust presence in the renewable energy sector.
Suzlon plays a key role in India’s clean energy initiatives, aligning with the nation’s vision of achieving carbon neutrality and contributing to a sustainable future.
Suzlon Fundamentals
Suzlon Energy Ltd. operates in the capital goods sector, specializing in renewable energy solutions. With a market capitalization of ₹77,771 Cr, it is a large-cap company. The firm holds financial reserves of ₹885.13 Cr, ensuring stability for future challenges and projects. Suzlon is listed on both NSE and BSE with codes SUZLON and 532667, respectively.
In FY24, Suzlon reported total revenue of ₹6,568 Cr, marking a 9.65% growth from ₹5,990 Cr in FY23. Net profit for FY24 was ₹660.35 Cr, showing a significant decline of 77.13% compared to FY23. Despite this, Suzlon has been profitable for the last two years, with improving profit margins. However, the company offers no dividend payouts, as indicated by its 0.00% dividend yield.
The company’s Return on Equity (ROE) is a solid 28.8%, and Return on Capital Employed (ROCE) is 24.9%, showing efficient capital usage. The Debt-to-Equity ratio of 0.06 reflects a strong balance sheet with low debt. However, the Price-to-Book (P/B) ratio of 17.39 suggests the stock is overvalued. The Price-to-Earnings (P/E) ratio aligns with industry averages, indicating moderate valuation.
| Description | Value |
|---|---|
| Company Name | Suzlon Energy Ltd. |
| Sector | Capital Goods |
| Established | 1995 |
| Website | suzlon |
| Listing At | BSE, NSE |
| BSE Code | 532667 |
| NSE Code | SUZLON |
| Mkt Cap | ₹77771Cr |
| Reserves and Surplus | ₹885.13Cr |
| ROE | 28.8% |
| ROCE | 24.9% |
| 52 Week High | ₹86.04 |
| 52 Week Low | ₹35.50 |
| P/E Ratio (TTM) | 80.92 |
| Industry P/E | 81.43 |
| P/B Ratio | 17.39 |
| Face Value | 2 |
| Book Value Per Share | ₹3.30 |
| EPS (TTM) | ₹0.71 |
| Dividend Yield | 0.00% |
| Debt to Equity | 0.06 |
| Total Revenue | ₹6568Cr |
| Revenue Growth | 9.65% |
| Net Profit (Anual) | ₹660.35Cr |
| Profit Growth | -77.13% |
Returns in Past Year
| Year | Returns (%) |
|---|---|
| 2024 | 62.88% |
| 2023 | 260.38% |
| 2022 | 3.92% |
| 2021 | 59.38% |
| 2020 | 245.95% |
| 2019 | -65.74% |
| 2018 | -65.27% |
| 2017 | 12.68% |
| 2016 | -33.81% |
| 2015 | 41.84% |
| 2014 | 42.72% |
| 2013 | -44.47 |
| 2012 | 3.06% |
| 2011 | -67.09% |
| 2010 | -39.46% |
| 2009 | 45.02% |
| 2008 | -83.92% |
| 2007 | 48.44% |
| 2006 | 45.84% |
Suzlon Share Price Targets 2025
The market sentiment for Suzlon is currently bearish. The projected share price target for 2025 ranges between ₹35 and ₹90.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2025 | ₹35 | ₹90 |
Suzlon Share Price Target 2026
Market experts estimate the share price target for 2026 to be between ₹65 and ₹130.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2026 | ₹65 | ₹130 |
Suzlon Share Price Target 2028
Suzlon’s share price target for 2028 is expected to range from ₹140 to ₹220, driven by potential growth in the renewable energy sector.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2028 | ₹140 | ₹220 |
Suzlon Share Price Target 2030
Experts predict Suzlon’s share price target for 2030 to fall between ₹210 and ₹310.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2030 | ₹210 | ₹310 |
Suzlon Share Price Target 2040
Based on historical trends, Suzlon’s share price target for 2040 is projected between ₹520 and ₹730.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2040 | ₹520 | ₹730 |
Suzlon Share Price Target 2050
Long-term projections place Suzlon’s share price target for 2050 between ₹900 and ₹1,240.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2050 | ₹900 | ₹1240 |
Suzlon Share Price Target: Export Opinion
Strengths
- Low Debt: Suzlon’s Debt-to-Equity ratio of 0.06 indicates strong financial health.
- High Returns: ROE of 28.8% and ROCE of 24.9% reflect efficient profitability and capital allocation.
- Improving Margins: Quarterly operating profit margins increased from 8.22% in December 2023 to 13.62% in September 2024.
- EPS Growth: The company’s earnings per share (EPS) show promising growth.
Risks
- Declining Profit Growth: Annual net profit dropped sharply by 77.13%, raising questions about long-term profitability.
- Low EPS: Trailing Twelve Months (TTM) EPS is only ₹0.71, showing limited earnings for shareholders.
- High Valuation: A P/B ratio of 17.39 and a P/E ratio of 80.92 suggest the stock is expensive.
- No Dividends: The absence of dividend payouts may deter income-seeking investors.
- Volatility: Retail investors hold 54.56% of the stock, increasing price fluctuations.
Suzlon Share Price History Chart
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Suzlon Quarterly Income Report
| Description | Sep 24 | Jun 24 | Mar 24 | Dec23 |
| Revenue + | ₹1460Cr. | ₹1533Cr. | ₹1474Cr. | ₹955.08Cr. |
| Expenses + | ₹1456Cr | ₹1413Cr. | ₹1405Cr. | ₹930.91Cr. |
| EBITDA | ₹110.16Cr | ₹215.16Cr. | ₹160.15Cr. | ₹73.21Cr. |
| EBIT | ₹155.16Cr | ₹186.43Cr. | ₹137.72Cr. | ₹53.10Cr. |
| Net Profit | ₹83.72Cr | ₹121.14Cr. | ₹74.49Cr. | ₹24.17Cr. |
| Operating Profit Margin | 13.62% | 14.77% | 11.75% | 8.22% |
| Net Profit Margin | 0.26% | 8.20% | 4.87% | 2.71% |
| Earning Per Share | ₹0.06 | ₹0.09 | ₹0.05 | ₹0.02 |
| Dividends Per Share | 0.00 | 0.00 | 0.00 | 0.70 |
Suzlon Annual Income Report
| Description | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|
| Total Revenue | ₹6568Cr | ₹5990Cr | ₹6604Cr | ₹3366Cr |
| Total Expenses | ₹5854Cr | ₹5819Cr | ₹6687Cr | ₹4066Cr |
| Profit/Loss | ₹660.35Cr | ₹2887Cr | ₹-166.19Cr | ₹100.34Cr |
| Net Profit Margin | 10.11% | 2.89% | -0.83% | -20.86% |
| Earning Per Share | ₹0.50 | ₹2.64 | ₹-0.21 | ₹0.14 |
| EBITDA | ₹1013 | ₹3572 | ₹994.76 | ₹1360 |
| EBIT | ₹823.81 | ₹3312 | ₹734.92 | ₹1101 |
| Operating Profit Margin | 15.52% | 14.28% | 14.01% | 16.63% |
| Dividends Per share | 0.00 | 0.00 | 0.00 | 0.00 |
Suzlon Cash Flow
| Particulars | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|
| Opening Cash Balance | ₹500.43Cr. | ₹262.50Cr. | ₹82.33Cr. | ₹74.62Cr. |
| Cash Flow From Operating Activities | ₹466.66Cr | ₹1302Cr. | ₹530.50Cr. | ₹-929.04Cr. |
| Cash Flow From Investing Activities | ₹84.71Cr | ₹-19.02Cr. | ₹-23.73Cr. | ₹-32.49Cr. |
| Cash Flow From Financing Activities | ₹-684.49Cr | ₹-1045Cr. | ₹-326.60Cr. | ₹-969.24Cr. |
| Closing Cash Balance | ₹367.31Cr | ₹500.43Cr. | ₹262.50Cr. | ₹82.33Cr. |
| Net Change In Cash | ₹-133.12 | ₹237.93 | ₹180.17 | ₹7.71 |
Suzlon Share Price Target 2025, 2026, 2028, 2030, 2040 to 2050
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2025 | ₹35 | ₹90 |
| 2026 | ₹65 | ₹130 |
| 2028 | ₹140 | ₹220 |
| 2030 | ₹210 | ₹310 |
| 2040 | ₹520 | ₹730 |
| 2050 | ₹900 | ₹1240 |
Suzlon Shareholding Pattern
| Shareholder | Share % |
|---|---|
| Promoter | 13.25% |
| Other Domestic Institutions | 4.87% |
| Retail and Others | 54.56% |
| Foreign Institutions | 22.88% |
| Mutual Funds | 4.44% |
| Total | 100.00% |
How to Buy Suzlon Shares?
Buying and selling of Suzlon can be done by a stock broker registered with SEBI. Here are the names of some popular brokers.
- groww
- Zerodha
- Angel One
- upstox
Suzlon Similar Stocks
| Company Name | Mkt Cap | Profit (1Year) | 52W L | 52W H |
|---|---|---|---|---|
| Kaynes Technology India | ₹39.80KCr. | 124.99% | ₹2424 | ₹7822 |
| Hindustan Aeronautics | ₹2.56LCr. | 22.77% | ₹2820 | ₹5674.75 |
| Boeing Co | ₹12.70 KCr. | 15.74% | ₹137.03 | ₹217.59 |
| Airbus SE | ₹12.38KCr | 6.05% | ₹124.72 | ₹172.78 |
| Bharat Dynamics | ₹42.29 KCr | 31% | ₹776.05 | ₹1794.70 |
| Apollo Micro Systems | ₹3.94 KCr. | 4.75% | ₹87.99 | ₹147.55 |
| Bharat Electronics | ₹1.97 KCr | 43.07% | ₹171.70 | ₹340.35 |
Also Read: ONGC Price Target, money printing machine for small investors.
Profitable Stocks
| Stocks | Mkt cap | Profit (1Year) | 52W L | 52W H |
|---|---|---|---|---|
| Adani ports | ₹3.11 LCr | 94.78% | ₹703.00 | ₹1,457.05 |
| Adani Enterprises | ₹3.89 LCr | 40.35% | ₹2142.00 | ₹3457.85 |
| Suzlon Energy | ₹90.75 KCr | 85.69% | ₹33.90 | ₹86.04 |
| Tata Power Company | ₹1.44 LCr | 101.76% | ₹215.70 | ₹464.20 |
| Adani Power | ₹2.92 LCr | 192.93% | ₹231.00 | ₹797.00 |
| Havells India | ₹1.20 LCr | 41.69% | ₹1232.85 | ₹1950.05 |
| Tata Motors | ₹3.57 LCr | 72.86% | ₹557.70 | ₹1065.60 |
| Tata Power | ₹1.44 LCr | 75.52% | ₹230.80 | ₹494.85 |
Conclusion
Suzlon Energy Ltd. has several strengths, including low debt, strong returns, and improving operational efficiency. However, declining profit growth and high valuations pose significant challenges. Investors should carefully assess these risks while considering Suzlon’s potential in the renewable energy industry.
Disclaimer: The information provided here is for general purposes only and not financial advice. Consult a certified market expert before making investment decisions. You are solely responsible for any profits or losses resulting from your investments.
FAQs
Q1. What is the Suzlon share price target for 2025?
Ans: The expected share price target for Suzlon in 2025 is between ₹35 and ₹90.
Q2. What is the Suzlon share price target for 2030?
Ans: Suzlon’s share price target for 2030 is projected to range between ₹210 and ₹310.
Q3. What is the Suzlon share price target for 2040?
Ans: The expected share price target for Suzlon in 2040 is between ₹520 and ₹730.
Q4. What is the Suzlon share price target for 2050?
Ans: Suzlon’s share price target for 2050 is estimated to be between ₹900 and ₹1,240.