Suzlon Group is a global leader in renewable energy solutions, revolutionizing sustainable energy harnessing across 17 countries in Asia, Australia, Europe, Africa, and the Americas. With a focus on powering a greener tomorrow, Suzlon leverages its strong competencies in renewable energy systems, offering a wide range of robust and reliable products. These products are supported by cutting-edge R&D and over two decades of expertise, ensuring optimum performance, higher yields, and maximum return on investment for customers.
Suzlon’s commitment to sustainable development drives its bespoke initiatives aimed at protecting the environment, strengthening communities, and promoting responsible growth. The company is headquartered at One Earth in Pune, a Platinum LEED-certified and GRIHA 5-star rated campus, recognized as one of the greenest corporate campuses globally.
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | |
| Promoters + | 14.50% | 13.28% | 13.28% | 13.28% | 13.26% |
| FIIs + | 7.79% | 10.88% | 17.83% | 19.57% | 21.53% |
| DIIs + | 5.90% | 9.81% | 6.16% | 6.30% | 9.16% |
| Government + | 0.02% | 0.02% | 0.00% | 0.00% | 0.00% |
| Public + | 71.78% | 65.99% | 62.74% | 60.85% | 56.03% |
| No. of Shareholders | 24,90,961 | 28,68,152 | 35,12,040 | 43,55,169 | 41,96,133 |
The shareholding patterns of Suzlon Energy Limited from June 2023 to June 2024 reveal notable trends in ownership distribution among different investor categories.
- Promoters: The shareholding of promoters has seen a slight decline from 14.50% in June 2023 to 13.26% by June 2024. This reduction indicates a potential shift in confidence or strategy as they adjust their holdings in response to market conditions.
- Foreign Institutional Investors (FIIs): There has been a substantial increase in FII participation, rising from 7.79% in June 2023 to 21.53% by June 2024. This significant growth suggests growing international confidence in Suzlon’s prospects and its position in the renewable energy sector, likely driven by the company’s strategic initiatives and performance improvements.
- Domestic Institutional Investors (DIIs): The DII holdings fluctuated over the period, increasing from 5.90% in June 2023 to 9.16% in June 2024, despite a dip in the intervening months. This trend indicates a cautious yet positive sentiment from domestic institutional investors towards the company’s growth potential.
- Government Holdings: The government stake has remained negligible throughout this period, holding steady at 0.02% in June 2023 and then dropping to 0.00% thereafter. This reflects minimal governmental interest or involvement in Suzlon’s equity.
- Public Shareholders: Public ownership has decreased from 71.78% in June 2023 to 56.03% in June 2024. This decline may be attributed to the increasing presence of institutional investors, as well as a potential selling trend among retail investors as they respond to market fluctuations.
- Number of Shareholders: The number of shareholders has generally increased, peaking at 43,55,169 in March 2024, before slightly declining to 41,96,133 by June 2024. This growth indicates rising interest and participation in the company’s equity, particularly among retail investors.
Latest News on Suzlon Energy
Suzlon Energy has made significant strides recently with several key developments. The company plans to boost its wind turbine manufacturing capacity by 45%, aiming to reach 4.5 GW within the next year. This expansion reflects Suzlon’s commitment to enhancing its production capabilities in the renewable energy sector. Additionally, Suzlon Energy’s stock saw a positive movement following its removal from the Stage 1 Additional Surveillance Measure (ASM) framework, indicating increased investor confidence. In a major achievement, Suzlon secured India’s largest wind energy order of 1,166 MW from NTPC Green Energy Limited, further solidifying its leadership in the renewable energy space.
Below are the trading platforms that you can use to purchase Suzlon Energy shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| October 2024 | 92.55 | 80.48 |
| November 2024 | 96.26 | 83.70 |
| December 2024 | 99.22 | 84.54 |
In October 2024, Suzlon Energy’s stock price is expected to reach a maximum of ₹92.55, with a minimum of ₹80.48. As we approach November 2024, the stock may see a maximum of ₹96.26 and a minimum of ₹83.70. Finally, as we move towards December 2024, Suzlon Energy’s share price is projected to peak at ₹99.22, with a minimum of ₹84.54, reflecting steady growth towards the end of the year.
| When | Maximum Price | Minimum Price |
| January 2025 | 98.19 | 75.53 |
| February 2025 | 99.18 | 76.29 |
| March 2025 | 101.27 | 77.90 |
| April 2025 | 100.26 | 77.13 |
| May 2025 | 97.34 | 74.88 |
| June 2025 | 101.72 | 78.25 |
| July 2025 | 99.73 | 76.71 |
| August 2025 | 102.81 | 79.09 |
| September 2025 | 104.05 | 80.04 |
| October 2025 | 106.75 | 82.12 |
| November 2025 | 109.42 | 84.17 |
| December 2025 | 114.34 | 87.96 |
As we step into January 2025, Suzlon Energy’s stock is expected to range between ₹98.19 and ₹75.53. By mid-year, prices may peak at ₹101.72 in June and dip to ₹74.88 in May. As we approach December 2025, the stock is projected to reach a high of ₹114.34 and a low of ₹87.96.
| When | Maximum Price | Minimum Price |
| January 2026 | 117.77 | 90.60 |
| February 2026 | 114.83 | 88.33 |
| March 2026 | 117.13 | 90.10 |
| April 2026 | 119.52 | 91.94 |
| May 2026 | 118.33 | 91.03 |
| June 2026 | 121.29 | 93.30 |
| July 2026 | 118.91 | 91.47 |
| August 2026 | 122.59 | 94.30 |
| September 2026 | 125.04 | 96.19 |
| October 2026 | 128.29 | 98.69 |
| November 2026 | 131.50 | 101.16 |
| December 2026 | 134.79 | 103.68 |
| When | Maximum Price | Minimum Price |
| January 2027 | 136.14 | 104.72 |
| February 2027 | 139.63 | 107.41 |
| March 2027 | 145.07 | 111.60 |
| April 2027 | 142.23 | 109.41 |
| May 2027 | 138.09 | 106.22 |
| June 2027 | 144.30 | 111.00 |
| July 2027 | 141.47 | 108.82 |
| August 2027 | 145.85 | 112.19 |
| September 2027 | 150.95 | 116.12 |
| October 2027 | 154.88 | 119.14 |
| November 2027 | 158.75 | 122.11 |
| December 2027 | 162.72 | 125.17 |
| When | Maximum Price | Minimum Price |
| January 2028 | 165.97 | 127.67 |
| February 2028 | 170.23 | 130.94 |
| March 2028 | 176.87 | 136.05 |
| April 2028 | 173.40 | 133.38 |
| May 2028 | 168.35 | 129.50 |
| June 2028 | 175.92 | 135.33 |
| July 2028 | 172.47 | 132.67 |
| August 2028 | 177.81 | 136.78 |
| September 2028 | 184.03 | 141.56 |
| October 2028 | 188.82 | 145.24 |
| November 2028 | 193.54 | 148.87 |
| December 2028 | 198.37 | 152.60 |
| When | Maximum Price | Minimum Price |
| January 2029 | 202.34 | 155.65 |
| February 2029 | 207.53 | 159.64 |
| March 2029 | 215.62 | 165.86 |
| April 2029 | 211.40 | 162.61 |
| May 2029 | 205.24 | 157.88 |
| June 2029 | 214.47 | 164.98 |
| July 2029 | 210.27 | 161.75 |
| August 2029 | 216.77 | 166.75 |
| September 2029 | 224.36 | 172.58 |
| October 2029 | 230.19 | 177.07 |
| November 2029 | 235.95 | 181.50 |
| December 2029 | 241.85 | 186.04 |
| When | Maximum Price | Minimum Price |
| January 2030 | 246.68 | 189.76 |
| February 2030 | 253.01 | 194.62 |
| March 2030 | 262.88 | 202.21 |
| April 2030 | 257.72 | 198.25 |
| May 2030 | 250.21 | 192.47 |
| June 2030 | 261.47 | 201.13 |
| July 2030 | 256.35 | 197.19 |
| August 2030 | 264.28 | 203.29 |
| September 2030 | 273.53 | 210.40 |
| October 2030 | 280.64 | 215.87 |
| November 2030 | 287.65 | 221.27 |
| December 2030 | 294.84 | 226.80 |
In January 2030, Suzlon Energy’s stock is expected to have a maximum price of ₹246.68 and a minimum of ₹189.76. As we move through the year, prices are projected to rise steadily, with a peak of ₹273.53 and a low of ₹210.40 by September 2030. By December 2030, Suzlon Energy is anticipated to reach a maximum of ₹294.84, with a minimum price of ₹226.80.
Suzlon Energy Financial Condition: Last 5 Years
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
| Sales + | 2,973 | 3,346 | 6,582 | 5,971 | 6,529 |
| Expenses + | 3,829 | 2,809 | 5,682 | 5,137 | 5,500 |
| Operating Profit | -856 | 537 | 900 | 833 | 1,029 |
| OPM % | -29% | 16% | 14% | 14% | 16% |
| Other Income + | -42 | 823 | 95 | 2,739 | -15 |
| Interest | 1,367 | 996 | 735 | 421 | 164 |
| Depreciation | 419 | 258 | 260 | 260 | 190 |
| Profit before tax | -2,684 | 105 | 0 | 2,892 | 659 |
| Tax % | 0% | 4% | 41648% | 0% | 0% |
| Net Profit + | -2,692 | 104 | -177 | 2,887 | 660 |
| EPS in Rs | -4.01 | 0.1 | -0.17 | 2.28 | 0.49 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
- Sales Performance: Suzlon Energy’s sales trajectory has shown fluctuation over the past five fiscal years, starting at ₹2,973 crore in March 2020, peaking at ₹6,582 crore in March 2022, and stabilizing at ₹6,529 crore by March 2024.
- Expense Management: The company’s expenses have varied, from ₹3,829 crore in March 2020 to a low of ₹2,809 crore in March 2021, then rising to ₹5,682 crore in March 2022, and gradually reducing to ₹5,500 crore by March 2024.
- Operating Profit (OP): Suzlon Energy’s operating profit has seen significant fluctuations, from a loss of ₹856 crore in March 2020 to a profit of ₹1,029 crore in March 2024. This reflects improved operational efficiency over the years.
- Operating Profit Margin (OPM): OPM has also shown variability, starting low at -29% in March 2020 due to high expenses relative to sales, improving to 16% by March 2024, indicating better cost management and profitability.
- Other Income: The company experienced notable fluctuations in other income, ranging from -₹42 crore in March 2020 to a high of ₹2,739 crore in March 2023, before stabilizing at -₹15 crore in March 2024.
- Interest and Depreciation: Interest expenses declined consistently from ₹1,367 crore in March 2020 to ₹164 crore by March 2024, reflecting improved financial management. Depreciation expenses remained relatively stable around ₹260 crore annually.
- Profitability: Suzlon Energy’s profitability showed a significant turnaround, from a net loss of ₹2,692 crore in March 2020 to a profit of ₹660 crore by March 2024. This improvement was driven by better sales performance and cost controls.
- Earnings Per Share (EPS): EPS improved from -₹4.01 in March 2020 to ₹0.49 by March 2024, reflecting enhanced profitability and a better earnings outlook for shareholders.
- Dividend Payout: The company did not distribute dividends during this period, reflecting its focus on reinvestment and financial restructuring.
FAQs
What is the current market capitalization of Suzlon Energy Ltd?
As of September 27th, 2024, the market cap is quite strong, standing at ₹1,10,713 Crores.
Suzlon Energy’s shares are currently trading at ₹81.8 as of September 27th, 2024.
Looking ahead, the share price is expected to range between ₹87.96 to ₹114.34 by December 2025.
The long-term outlook is optimistic, with a projected range of ₹226.80 to ₹294.84 by December 2030.
What is the current Price-to-Earnings (PE) ratio of Suzlon Energy?
Currently, the stock’s PE ratio is at a reasonable 120.
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Conclusion:
In conclusion, Suzlon Energy Limited has solidified its position as a leader in the renewable energy sector, demonstrating significant growth and adaptability in recent years. The company has seen an increase in foreign institutional investment, reflecting growing global confidence, while the overall rise in shareholders indicates a broader investor base. Financially, Suzlon has shown resilience, with sales peaking at ₹6,582 crore in March 2022 and stabilizing at ₹6,529 crore in March 2024, alongside an improved operating profit margin of 16%. Recent developments, such as plans to enhance wind turbine manufacturing capacity and securing India’s largest wind energy order, further strengthen Suzlon’s growth trajectory. As the company continues to commit to sustainable development and innovation, its stock price is projected to rise steadily through 2024 and beyond, making it a promising investment in the renewable energy landscape.
What did we learn?
- 1 Shareholdings Patterns
- 2 Latest News on Suzlon Energy
- 3 How to Buy Suzlon Energy Shares in India?
- 4 Suzlon Energy Share Price Prediction: 2024 – 2030
- 5 Suzlon Energy Financial Condition: Last 5 Years
- 6 FAQs
- 6.1 What is the current market capitalization of Suzlon Energy Ltd?
- 6.2 What is the current share price of Suzlon Energy?
- 6.3 What is the share price target for Suzlon Energy in 2025?
- 6.4 What is the share price target for Suzlon Energy in 2030?
- 6.5 What is the current Price-to-Earnings (PE) ratio of Suzlon Energy?
- 7 Conclusion:
