Suzlon Energy Share Price: Shares of Suzlon Energy, one of India’s leading wind energy companies, ended Monday’s session at Rs 58. The stock has corrected about 22 per cent from its recent high, while Ventura Securities has assigned a SELL rating citing limited upside amid stretched valuations relative to global peers.
Suzlon Energy Q2FY26 result highlights
For the September quarter, Suzlon reported revenue of Rs 3,866 crore, up 85 per cent year-on-year. EBITDA surged 145 per cent to Rs 721 crore, and net profit jumped 538 per cent to Rs 1,279 crore. EBITDA margins expanded to 18.6 per cent from 14.1 per cent a year ago. The company recorded 565 MW in deliveries during the quarter, its highest ever for a single quarter.
Operational capacity and expansion plans
Suzlon’s domestic installation capacity stands at 15.4 GW, with international capacity at 6 GW. The company held Rs 1,480 crore in net cash as of 30 September 2025. Suzlon targets 6 GW in installations for FY26 and 8 GW for FY27. Additionally, it plans to increase the contribution of EPC revenue from 20 per cent to 50 per cent by FY28.
Order book and strategic initiatives
The company’s order book has crossed 6 GW. Suzlon continues to focus on EPC contracts, land development, high-quality turbines, and expanding asset management services. GST reductions are expected to support faster capacity addition in the wind turbine segment.
Suzlon Energy Q1 Highlights
In the first quarter of fiscal year 2026 (Q1FY26), Suzlon Energy reported a total income of Rs 3,165.19 crore, registering a sequential increase of 43.4 per cent from Rs 2,207.43 crore in Q4FY25. On a year-on-year basis, the company recorded a growth of 54.8 per cent compared to Rs 2,044.35 crore in Q1FY25
Brokerage views on Suzlon Energy
While Ventura Securities recommends SELL, other brokerages have taken different stances. Motilal Oswal maintains a BUY rating on Suzlon, while Nuwama Institutional Equities has retained a HOLD rating.
