Suzlon Energy Ltd Share Price Target 2024, 2025 to 2030

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.

Shareholdings Patterns

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoters + 14.50% 14.50% 13.28% 13.28% 13.28%
FIIs + 7.64% 7.79% 10.88% 17.83% 19.57%
DIIs + 5.55% 5.90% 9.81% 6.16% 6.30%
Government + 0.00% 0.02% 0.02% 0.00% 0.00%
Public + 72.30% 71.78% 65.99% 62.74% 60.85%
No. of Shareholders 24,42,672 24,90,961 28,68,152 35,12,040 43,55,169

From March 2023 to March 2024, Suzlon Energy Limited’s shareholding patterns have undergone significant changes. The promoters’ shareholding remained stable at 14.50% until June 2023, after which it decreased to 13.28% by September 2023 and stayed constant through March 2024. Foreign Institutional Investors (FIIs) significantly increased their stake from 7.64% in March 2023 to 19.57% by March 2024, indicating growing foreign investment interest. Domestic Institutional Investors (DIIs) also showed an upward trend, starting at 5.55% in March 2023, peaking at 9.81% in September 2023, and settling at 6.30% by March 2024. The government’s shareholding remained minimal, with a brief rise to 0.02% in June and September 2023, before returning to 0.00% by December 2023. Public shareholding saw a steady decline from 72.30% in March 2023 to 60.85% by March 2024, indicating a shift in the ownership structure. Additionally, the number of shareholders increased significantly from 24,42,672 in March 2023 to 43,55,169 by March 2024, reflecting a growing investor base and heightened interest in the company’s shares.

Suzlon Energy Q4 Results:

  • Suzlon Energy reported a fiscal Q4 profit of ₹254.12 crore, down 20.6% from ₹319.99 crore in the same period last year.
  • Revenue from operations increased by 29% year-on-year to ₹2,179.20 crore, up from ₹1,689.91 crore in Q4 FY23.
  • EBITDA for the quarter rose significantly by 54% year-on-year to ₹357.2 crore.
  • Total income for Q4 FY24 amounted to ₹2,207.43 crore, with total expenses at ₹1,927.49 crore.
  • The company achieved its largest-ever order book of 3.3 GW, highlighting strong market demand.
  • For the full fiscal year, Suzlon Energy reported a revenue of ₹6,497 crore and a profit of ₹714 crore.
  • Girish Tanti, Vice Chairman, emphasized the company’s robust foundation across technology, manufacturing, projects, and operations, noting strong relationships with leading Indian conglomerates.
  • Himanshu Mody, CFO, highlighted a solid financial performance with a consolidated net worth of ₹3,920 crore and a landmark EBITDA of ₹1,029 crore.
  • Suzlon Energy maintains a cost-conscious approach while focusing on executing its order book efficiently to support future growth.
  • Despite a decline in quarterly profit, Suzlon Energy’s Q4 results underscored substantial revenue growth and operational resilience in the renewable energy sector.

How to Buy Suzlon Energy Shares in India?

Below are the trading platforms that you can use to purchase Suzlon Energy shares:

➤ Zerodha

➤ Upstox

➤ Groww

➤ AngelOne

➤ ICICIDirect

Finances rule

Suzlon Energy Share Price Prediction: 2024 – 2030

Suzlon Energy Share Price Target 2024

When Maximum Price Minimum Price
July 2024 57.90 50.35
August 2024 60.22 52.37
September 2024 62.63 54.46
October 2024 61.40 53.39
November 2024 63.86 55.53
December 2024 64.50 56.08

In 2024, Suzlon Energy’s share prices are anticipated to fluctuate within a range of projections. Starting in July, the maximum price for Suzlon Energy shares is expected to reach ₹57.90, with a minimum of ₹50.35. As the year progresses, the maximum price is forecasted to gradually increase, reaching ₹64.50 by December, while the minimum price is projected to rise to ₹56.08.

Suzlon Energy Share Price Prediction 2025

When Maximum Price Minimum Price
January 2025 65.14 50.11
February 2025 65.80 50.61
March 2025 67.18 51.68
April 2025 66.52 51.17
May 2025 64.58 49.68
June 2025 67.48 51.91
July 2025 66.16 50.89
August 2025 68.21 52.47
September 2025 69.03 53.10
October 2025 70.82 54.48
November 2025 72.59 55.84
December 2025 75.86 58.35

In January 2025, Suzlon Energy is projected to have a maximum price of ₹65.14 and a minimum price of ₹50.11. By December 2025, projections suggest that Suzlon Energy will reach a maximum of ₹75.86 and a minimum of ₹58.35.

Suzlon Energy Share Price Target 2026

When Maximum Price Minimum Price
January 2026 78.13 60.10
February 2026 76.18 58.60
March 2026 77.70 59.77
April 2026 79.29 60.99
May 2026 78.50 60.39
June 2026 80.47 61.90
July 2026 78.89 60.68
August 2026 81.33 62.56
September 2026 82.95 63.81
October 2026 85.11 65.47
November 2026 87.24 67.11
December 2026 89.42 68.79

Suzlon Energy Share Price Target 2027

When Maximum Price Minimum Price
January 2027 90.31 69.47
February 2027 92.63 71.25
March 2027 96.24 74.03
April 2027 94.36 72.58
May 2027 91.61 70.47
June 2027 95.73 73.64
July 2027 93.85 72.19
August 2027 96.76 74.43
September 2027 100.14 77.03
October 2027 102.75 79.04
November 2027 105.31 81.01
December 2027 107.95 83.04

Suzlon Energy Share Price Prediction 2028

When Maximum Price Minimum Price
January 2028 110.11 84.70
February 2028 112.93 86.87
March 2028 117.33 90.26
April 2028 115.03 88.49
May 2028 111.68 85.91
June 2028 116.71 89.78
July 2028 114.42 88.02
August 2028 117.96 90.74
September 2028 122.09 93.91
October 2028 125.26 96.36
November 2028 128.39 98.76
December 2028 131.60 101.23

Suzlon Energy Share Price Target 2029

When Maximum Price Minimum Price
January 2029 134.23 103.26
February 2029 137.68 105.91
March 2029 143.05 110.04
April 2029 140.24 107.88
May 2029 136.16 104.74
June 2029 142.28 109.45
July 2029 139.49 107.30
August 2029 143.81 110.62
September 2029 148.84 114.49
October 2029 152.71 117.47
November 2029 156.53 120.41
December 2029 160.44 123.42

Suzlon Energy Share Price Prediction 2030

When Maximum Price Minimum Price
January 2030 163.65 125.89
February 2030 167.85 129.11
March 2030 174.39 134.15
April 2030 170.97 131.52
May 2030 165.99 127.69
June 2030 173.46 133.43
July 2030 170.06 130.82
August 2030 175.32 134.86
September 2030 181.46 139.58
October 2030 186.18 143.21
November 2030 190.83 146.79
December 2030 195.60 150.46

In January 2030, Suzlon Energy’s maximum price is projected to be ₹163.65 and the minimum price ₹125.89. As we step through the year, February sees a projected maximum of ₹167.85 and a minimum of ₹129.11. By March, the maximum is anticipated to rise to ₹174.39 with a minimum of ₹134.15. Moving forward, in December 2030, Suzlon Energy is expected to reach a maximum of ₹195.60 and a minimum of ₹150.46.

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 June 28th, 2024, the market cap is quite strong, standing at ₹71,894 Crores.

What is the current share price of Suzlon Energy?

Suzlon Energy’s shares are currently trading at ₹53.3 as of June 28th, 2024.

What is the share price target for Suzlon Energy in 2025?

Looking ahead, the share price is expected to range between ₹58.35 to ₹75.861 by December 2025.

What is the share price target for Suzlon Energy in 2030?

The long-term outlook is optimistic, with a projected range of ₹150.46 to ₹195.60 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 101.

Also Read

Conclusion:

In conclusion, Suzlon Energy has demonstrated strong resilience and strategic prowess in its recent financial results. Despite a slight dip in quarterly profit, the company achieved a notable 29% increase in revenue to ₹2,179.20 crore in Q4 FY24, supported by a substantial 54% rise in EBITDA to ₹357.2 crore. Suzlon’s ability to secure its largest-ever order book of 3.3 GW underscores its leadership in the renewable energy sector and robust market demand. With a full-year revenue of ₹6,497 crore and a profit of ₹714 crore, Suzlon Energy’s solid performance and operational efficiency position it well for sustained growth and profitability in the coming periods.

Financesrule telegram

Author: Ashnoor

Leave a Reply