Latest news with #S144
Mint
3 days ago
- Business
- Mint
Suzlon Energy share price slides 4.5%, slips below ₹70 on profit booking after strong Q4 rally
Suzlon Energy share price in focus: Suzlon Energy share price in focus: Suzlon Energy's share price witnessed another day of selling pressure as the stock tumbled 4.5% during Tuesday's trading session (June 3), hitting an intraday low of ₹ 68 apiece and extending its losing streak to the second consecutive day. The drop in Suzlon's share price can be attributed to profit booking, as the stock saw a strong run-up in May, especially following the release of the company's March quarter results, which pushed the stock to a 6-month high of ₹ 74.30 apiece on May 30, a day after it reported a 365% YoY jump in Q4FY25 consolidated net profit. The strong rally following the Q4 results led the stock to end May with a solid gain of 27%—its biggest monthly gain since July 2024, when it delivered a return of 31.25%. Apart from robust March quarter numbers, the Street also welcomed the company's FY26 guidance, issued for the first time in its history. Despite short-term volatility in Suzlon Energy's share price, the long-term outlook remains promising amid a growing order book and India's goal of achieving 500 GW of capacity from non-fossil fuel sources. Suzlon ended FY25 with a record order book of 5.6 GW, with its S144 platform alone surpassing 5 GW—cementing its position as the leading product in India's wind energy market. Meanwhile, the contribution margin from its WTG (Wind Turbine Generator) business expanded to 23%, marking a 360-basis-point increase, supported by its 4.5 GW manufacturing capacity. In its earnings filing, the company said it added 10 new production lines for its S144–3.X MW series in FY25 and completed nacelle expansions at its Daman and Pondicherry facilities. It also outlined plans to continue investing in a robust domestic manufacturing and supply chain ecosystem to support India's wind energy ambitions. Its OMS (Operations and Maintenance Services) business remains a key pillar of growth for the group, currently managing a robust 15 GW of installed wind capacity across India—representing over USD 10 billion in renewable energy assets under management. Following the company's March quarter results, global brokerage firm Morgan Stanley maintained its 'Overweight' rating with a target price of ₹ 77 per share, while Motilal Oswal also retained its 'Buy' rating, with a target price of ₹ 83 per share. Suzlon Energy have delivered stellar returns to their shareholders. Although the stock is currently trading at a healthy discount from its recent peak of ₹ 86 apiece, touched in October 2024, it is still up by 601% over the last three years and 2,190% over the last five years—indicating that investors remain optimistic about the company's operational turnaround.
Mint
3 days ago
- Business
- Mint
Suzlon Energy share price slides 4.5%, slips below ₹70 on profit booking after strong Q4 rally
Suzlon Energy share price in focus: Suzlon Energy share price in focus: Suzlon Energy's share price witnessed another day of selling pressure as the stock tumbled 4.5% during Tuesday's trading session (June 3), hitting an intraday low of ₹ 68 apiece and extending its losing streak to the second consecutive day. The drop in Suzlon's share price can be attributed to profit booking, as the stock saw a strong run-up in May, especially following the release of the company's March quarter results, which pushed the stock to a 6-month high of ₹ 74.30 apiece on May 30, a day after it reported a 365% YoY jump in Q4FY25 consolidated net profit. The strong rally following the Q4 results led the stock to end May with a solid gain of 27%—its biggest monthly gain since July 2024, when it delivered a return of 31.25%. Apart from robust March quarter numbers, the Street also welcomed the company's FY26 guidance, issued for the first time in its history. Despite short-term volatility in Suzlon Energy's share price, the long-term outlook remains promising amid a growing order book and India's goal of achieving 500 GW of capacity from non-fossil fuel sources. Suzlon ended FY25 with a record order book of 5.6 GW, with its S144 platform alone surpassing 5 GW—cementing its position as the leading product in India's wind energy market. Meanwhile, the contribution margin from its WTG (Wind Turbine Generator) business expanded to 23%, marking a 360-basis-point increase, supported by its 4.5 GW manufacturing capacity. In its earnings filing, the company said it added 10 new production lines for its S144–3.X MW series in FY25 and completed nacelle expansions at its Daman and Pondicherry facilities. It also outlined plans to continue investing in a robust domestic manufacturing and supply chain ecosystem to support India's wind energy ambitions. Its OMS (Operations and Maintenance Services) business remains a key pillar of growth for the group, currently managing a robust 15 GW of installed wind capacity across India—representing over USD 10 billion in renewable energy assets under management. Following the company's March quarter results, global brokerage firm Morgan Stanley maintained its 'Overweight' rating with a target price of ₹ 77 per share, while Motilal Oswal also retained its 'Buy' rating, with a target price of ₹ 83 per share. Suzlon Energy have delivered stellar returns to their shareholders. Although the stock is currently trading at a healthy discount from its recent peak of ₹ 86 apiece, touched in October 2024, it is still up by 601% over the last three years and 2,190% over the last five years—indicating that investors remain optimistic about the company's operational turnaround. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before taking any investment decisions.
Hans India
4 days ago
- Business
- Hans India
Suzlon vs Inox Wind: Which wind energy stock should you buy?; Inox Wind buy the dip?
Suzlon Energy and Inox Wind have reignited investor interest after delivering impressive March quarter results, supported by India's aggressive renewable energy targets. Both companies manufacture Wind Turbine Generators (WTGs) and offer integrated wind energy solutions, making them key players as India aims to scale its wind power capacity from 50 GW to 100 GW by 2030. Suzlon Energy: A Quarter to Remember Suzlon Energy's Q4 FY25 net profit surged to ₹1,181 crore—a 365% YoY jump from ₹254 crore—on revenue of ₹3,774 crore (up 73% YoY). For the full year, profits jumped to ₹2,072 crore, with revenue reaching ₹10,851 crore. Its order book hit a record 5.6 GW, with its flagship S144 platform alone contributing over 5 GW. For the first time, management offered guidance—projecting 60% growth across all parameters in FY26, signaling robust confidence. Brokerages are bullish. Morgan Stanley maintained an 'Overweight' rating with a ₹77 target, while Motilal Oswal stuck with a 'Buy', upping its target to ₹83. Inox Wind: Execution Gains Traction Inox Wind also posted strong numbers, with Q4 profit rising over fivefold to ₹190 crore from ₹39 crore last year. Revenue more than doubled to ₹1,311 crore. Execution improved significantly—236 MW in Q4 vs 129 MW a year ago. The company nearly hit its FY25 guidance of 800 MW, completing 705 MW. Forward guidance is even more ambitious: 1,200 MW in FY26 and 2,000 MW in FY27. Analysts remain positive despite a short-term dip in stock price. Nuvama raised its target to ₹236, while ICICI Securities and Systematix set targets around ₹230–₹231. The Verdict Both Suzlon and Inox Wind have shown strong financial and operational performance, with aggressive growth plans and rising order books. Analysts see potential upside in both, making them attractive picks for investors eyeing India's clean energy transition. Disclaimer: The views and recommendations in this article are those of analysts. Always consult a certified financial advisor before investing.
Mint
4 days ago
- Business
- Mint
Suzlon vs Inox Wind: Which wind energy stock should you buy after March quarter results?
Suzlon Energy and Inox Wind, leading players in wind energy solutions, have garnered significant interest from Dalal Street investors in recent years, amid India's strong push to expand renewable energy capacity by the end of this decade. Both companies are engaged in the manufacturing of Wind Turbine Generators (WTGs) and providing comprehensive wind energy services. Following their March quarter results, these companies have once again caught investor attention in recent sessions. Analysts have largely retained their optimistic outlook on both companies and have raised target prices after the Q4 results met expectations. They believe the two players are in a strong position amid the growth potential of India's wind energy market, which is expected to rise to 100 GW by 2030 from the current 50 GW. Although Inox Wind shares reacted negatively in today's session to the March quarter numbers, analysts have retained their positive outlook on the stock, citing strong execution of wind projects in FY26 and FY27, which they believe could result in a significant jump in revenue and net profit. Domestic brokerage firm Nuvama Institutional Equities reiterated its 'Buy' call and raised the price target to ₹ 236 from ₹ 223, citing Inox Wind's strong position as one of only two wind EPC suppliers in India, benefiting from demand in RTC, FDRE, and C&I segments. ICICI Securities also reiterated its 'Buy' rating and slightly raised its price target to ₹ 230 from ₹ 228, valuing the company at 30x FY27 estimated earnings. Systematix Institutional Equities maintained a 'Buy' rating on Inox Wind stock, with a price target of ₹ 231. For Suzlon Energy stock, Morgan Stanley maintained its 'Overweight' rating with a target price of ₹ 77 apiece, while Motilal Oswal has also retained its 'Buy' rating, with a ₹ 83 apiece target price. For the quarter ended March, Suzlon Energy reported a net profit of ₹ 1,181 crore, compared to ₹ 254 crore in the same period last fiscal year, marking a 365% year-on-year growth. Revenue from operations rose 73% YoY to ₹ 3,774 crore during the quarter. For FY25, net profit jumped to ₹ 2,072 crore from ₹ 660 crore in FY24, driven by a significant rise in revenue to ₹ 10,851 crore. In comparison, the company had reported revenue of ₹ 6,497 crore in FY24. Suzlon's order book reached a record high of 5.6 GW by the end of FY25, with its S144 platform alone surpassing 5 GW—cementing its position as the dominant product in the Indian wind energy market. For the first time in its history, the company's management has issued guidance, projecting 60% growth across all key parameters in FY26. This forward-looking statement has been well received by the Street, reflecting the company's confidence and preparedness for future growth. Inox Wind posted a consolidated net profit of ₹ 190.34 crore in the March quarter, a more than fivefold increase from ₹ 38.74 crore in Q4 FY24, driven by a strong surge in revenues. The company's revenue from operations more than doubled to ₹ 1,310.65 crore in Q4 FY25, up from ₹ 569 crore in the same quarter last year. It reported an order book of 3.2 GW as of March 2025, up from 2.6 GW in March 2024. In Q4 FY25, execution stood at 236 MW, compared to 129 MW in Q4 FY24 and 140 MW in Q3 FY25. For FY25, the management had guided for 800 MW in annual execution, and the company achieved 705 MW. Looking ahead, management has guided for 1,200 MW and 2,000 MW execution in FY26 and FY27, respectively. JM Financial expects execution to accelerate to 1,150 MW in FY26 and 1,750 MW in FY27. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before taking any investment decisions.
Mint
30-05-2025
- Business
- Mint
Suzlon Energy share price rallies over 13% to 6-month high as Q4 net profit jumps nearly 5-fold
Shares of Suzlon Energy, one of the leading global renewable energy solutions providers, jumped 13.60% in early morning trade on Friday, May 30, after investors cheered the company's stellar March quarter performance, sending the stock to a six-month high. The company post market hours, reported a net profit of ₹ 1,181 crore for the quarter, compared to ₹ 254 crore in the same period last fiscal, marking a 365% year-on-year growth. Revenue from operations during the quarter rose 73% year-on-year to ₹ 3,774 crore. For FY25, Suzlon Energy's net profit jumped to ₹ 2,072 crore from ₹ 660 crore in FY24, driven by a ₹ 10,851 crore rise in revenue. The sharp jump in profit was primarily driven by a deferred tax gain of ₹ 601 crore during Q4, which significantly boosted the bottom line. In FY24, the company had reported a revenue of ₹ 6,497 crore. The WTG business accounted for 78% of FY25 revenue, while the remaining came from the OMS (Operations and Maintenance Services) business. On the operating front, EBITDA surged to ₹ 693 crore in Q4 FY25, taking the full-year EBITDA to ₹ 1,857 crore. Margins expanded by 200 basis points during the quarter and 130 basis points for the full year. The company achieved a record quarterly delivery of 573 MW, bringing total FY25 deliveries to 1.55 GW. Its order book reached a record high of 5.6 GW by the end of FY25, with the S144 platform alone surpassing 5 GW—cementing its position as the dominant product in the Indian market. The company said it added 10 new production lines for its S144 – 3.X MW series and completed nacelle expansions at its Daman and Pondicherry facilities. It also stated plans to continue investing in a robust local manufacturing and supply chain ecosystem to support India's wind energy ambitions. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before taking any investment decisions.
