Latest news with #Suzlon
Hans India
2 days ago
- Business
- Hans India
Suzlon Energy's decade-high performance
Mumbai: Suzlon Energy on Thursday reported a nearly fivefold jump in consolidated net profit to Rs 1,181 crore for the March quarter, mainly on the back of higher revenues. The company reported a consolidated net profit of Rs 254 crore in the quarter ended March 2024, a BSE filing said. Total income rose to Rs 3,825.19 crore in the quarter from Rs 2,207.43 crore a year ago. During 2024-25, the profit rose to Rs 2,072 crore from Rs 660 crore in the previous financial year. Total income increased to Rs 10,993.13 crore from Rs 6,567.51 crore in the year-ago period. "FY25 performance sets the stage for Suzlon's next phase of strategic evolution and market leadership. Achieving our highest profitability in a decade, strong cash reserves, and a record order book are the direct outcomes of our disciplined business transformation and sharp operational focus," Girish Tanti, Vice Chairman, Suzlon Group, said.
Time of India
3 days ago
- Business
- Time of India
Suzlon Energy rallies 13% on strong Q4 results; Motilal Oswal raises target price
Shares of Suzlon Energy surged as much as 13.6% to Rs 74.30 on the BSE on Friday after brokerage firm Motilal Oswal raised its target price to Rs 83 and reaffirmed its 'buy' rating, citing the company's strong fourth-quarter earnings and an upbeat outlook for FY26. As of 12:45 pm, Suzlon Energy is trading at Rs 71.04, up 8.59% for the day. The revised target implies a potential 27% upside from Suzlon's last closing price and a further 11.7% gain from Friday's intraday high. The rally came after Suzlon reported March-quarter results that significantly exceeded analyst expectations, driven by better-than-expected wind turbine generator (WTG) deliveries and margin expansion. 'Suzlon Energy delivered a strong set of results, with deliveries and EBITDA coming in ~15% and 38% ahead of our expectations, respectively,' Motilal Oswal said in a note, according to an ET report. 'Management maintained its positive outlook and guided for at least a 60% year-on-year improvement in deliveries, revenue, EBITDA, and adjusted PAT for FY26.' In Q4FY25, Suzlon reported a 365% year-on-year jump in consolidated net profit to Rs 1,182 crore, up from Rs 254 crore a year earlier. Revenue from operations rose 73% to Rs 3,773 crore. On a sequential basis, net profit grew 205%, while revenue increased by 27%. EBITDA for the quarter stood at Rs 690 crore, marking a 94% increase year-on-year, with EBITDA margin expanding to 18.4%. The earnings also included a deferred tax gain of approximately Rs 600 crore. The WTG segment performed strongly, with revenue more than doubling to Rs 3,142 crore and EBIT rising over fivefold to Rs 420 crore. Suzlon delivered 573 MW during the quarter, bringing total deliveries in FY25 to 1,550 MW—up 118% from the previous year. For the full year, the company reported a 67% increase in revenue to Rs 10,851 crore and a 214% rise in net profit to Rs 2,072 crore. EBITDA for the year was up 81% at Rs 1,857 crore, supported by a significant improvement in the WTG segment's contribution margin, which exceeded 23%. Suzlon's order book stood at 5,555 MW as of May 2025, including 1,500 MW from NTPC. In FY25, the company installed 336 MW and had another 371 MW ready for commissioning. Motilal Oswal pointed to strengthening sector momentum as a key driver, with India's wind energy installations projected to reach 6 GW in FY26, and 7–9 GW annually over the next two years. It said Suzlon is well-positioned to benefit from this expansion, supported by its execution capabilities. 'The early implementation of the local content-related draft notification can be a strong catalyst for the stock,' the brokerage added. Motilal Oswal values the stock at a forward P/E of 35x FY27 estimated earnings—slightly above its historical average—reflecting increased earnings visibility and execution momentum. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
India Today
3 days ago
- Business
- India Today
Suzlon Energy share price up 13% over strong Q4 results: Should you buy?
Shares of Suzlon Energy rose sharply on Friday morning after the company posted strong earnings for the March quarter. The stock jumped as much as 13% in early trade, reaching an intraday high of Rs 74.30 on the BSE. By around 9:30 am, the shares were trading at Rs 72.84, up 11.34% from the previous rise in share price comes after Suzlon Energy Ltd announced a sharp rise in its quarterly profit. The company posted a consolidated net profit of Rs 1,181 crore in the fourth quarter of FY25, a big increase from Rs 254 crore in the same quarter last growth was supported by a deferred tax gain of Rs 600 crore. The company's sales for the quarter also increased to Rs 3,773.50 crore from Rs 2,179.20 crore a year ago, marking a growth of 73.20%.STRONG PERFORMANCE IN Q4 FY25Suzlon's performance during the January to March quarter was also supported by strong project execution. The company delivered 573 megawatts (MW) in Q4FY25, compared to the estimated 475 MW. This helped improve its operating profit margin to 18.3%, which was higher than the expected 14.7%.Despite higher depreciation and interest costs related to the Renom acquisition, Suzlon still managed to beat profit before tax (PBT) estimates by 25%, according to a report by Nuvama Institutional Equities.'Deferred tax asset creation of Rs 640 crore drove a 2.7 times profit after tax (PAT) beat,' said the report. It added that the tax benefit was recorded earlier in FY25 instead of FY26, with limited effect on FY27 AND BROKERAGE VIEWNuvama Institutional Equities updated its projections for Suzlon Energy. It raised its estimates for sales by 5–7% and operating profit by 8–15% for FY26 and FY27. The brokerage kept a 'Hold' rating on the stock, with a revised target price of Rs 68, up from Rs 61 change was based on 40 times estimated earnings for FY27 (for wind turbine generators and Foundry & Forging business) and a discounted cash flow (DCF) model for its operations and maintenance (O&M) shares have already gone up 16% in the last one month and are up 44% in the past one year, showing rising interest from area of concern highlighted by Nuvama is the low order inflow in Q4FY25, which stood below 100 MW. This was due to the cancellation or shortening of some orders. However, the company still holds a healthy order book of 5 gigawatts (GW), which is expected to be executed over the next 24 months. This gives Suzlon a clear revenue path going also said that Suzlon is likely to benefit from the increasing focus on green energy in government tenders. The company holds a strong position in the commercial and industrial segment (which makes up 55% of its order book) and also works with public sector units (PSUs).It remains one of the two main players in the EPC (engineering, procurement, and construction) and wind turbine manufacturing space in India, holding a market share of over 30%.advertisement(Disclaimer: The views, opinions, recommendations, and suggestions expressed by experts/brokerages in this article are their own and do not reflect the views of the India Today Group. It is advisable to consult a qualified broker or financial advisor before making any actual investment or trading choices.)
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Business Standard
3 days ago
- Business
- Business Standard
Suzlon Energy shares soar 13% in best session in 2 years after Q4 results
Shares of Suzlon Energy surged over 13 per cent to the highest level since October last year after its profit rose multifold in the fourth quarter of the previous financial year (Q4FY25). The heavy electrical equipment manufacturer's stock rose as much as 13.57 per cent during the day to ₹74.3 per share, the biggest intraday gain since June 2023. The stock pared gains to trade 11.5 per cent higher at ₹72.9 apiece, compared to a 0.13 per cent decline in Nifty50 as of 9:50 AM. Shares of the company have gained for the third straight month, with a rally of over 28 per cent in May so far. The counter has risen 16.8 per cent this year, compared to a 5 per cent advance in the benchmark Nifty50. Suzlon Energy's market capitalisation has crossed the ₹1 trillion mark, regaining the level it lost in October 2024. Track LIVE Stock Market Updates Here Suzlon Energy Q4FY25 results The wind turbine manufacturer's net profit surged multi-fold to ₹1,180.98 crore in Q4FY25, compared to ₹254.12 crore in the same period of the previous fiscal year. Revenue from operations rose 73 per cent year on year (Y-o-Y) to ₹3,773.54 crore in Q4 FY25, up from ₹2,179.20 crore reported in the corresponding quarter last year. The company's total income also grew 73 per cent YoY to ₹3,825 crore during the quarter under review, compared with ₹2,207 crore in Q4 FY24. For the full fiscal year 2024-25, Suzlon's net profit soared 213.7 per cent Y-o-Y to ₹2,071.63 crore, significantly higher than the ₹660 crore recorded in FY24. Revenue from the wind turbine generator segment rose 34.6 per cent Y-o-Y to ₹3,141.74 crore in Q4 FY25, compared with ₹2,335 crore in the corresponding quarter last year. Suzlon Energy management commentary "FY25's performance sets the stage for Suzlon's next phase of strategic evolution and market leadership," Girish Tanti, vice chairman, Suzlon Group, said in a statement. "Achieving our highest profitability in a decade, strong cash reserves, and a record order book are the direct outcomes of our disciplined business transformation and sharp operational focus. India has also crossed a significant milestone by surpassing 50 GW of installed wind power capacity. India will most certainly shape the global narrative on clean energy leadership and climate action.' About Suzlon Energy The company, part of the Suzlon Group, is a renewable energy solution provider based in Pune, India. The company has installed approximately 20.9 GW of wind energy capacity across 17 countries. Suzlon's operations include research and development centres in Germany, the Netherlands, Denmark, and India, as well as manufacturing facilities in India. The company produces 2.x MW and 3.x MW series of wind turbines.
India Today
3 days ago
- Business
- India Today
Explained: Why Suzlon Energy shares rose 13% after Q4 results
Shares of Suzlon Energy surged as much as 13% in early trade on Friday after the renewable energy company reported a stellar performance in the March quarter. The stock hit an intraday high of Rs 74.30 on the BSE before settling 11.34% higher at Rs 72.84 around 9:30 am. The sharp rally came after Suzlon posted a 365% year-on-year jump in consolidated net profit for Q4FY25. Profit rose to Rs 1,182 crore from Rs 254 crore in the same quarter last year. Revenue from operations increased 73% to Rs 3,773 crore, compared to Rs 2,179 crore in the year-ago a sequential basis, profit more than doubled from Rs 387 crore in Q3FY25, while revenue rose 27% from Rs 2,969 crore. For the full year, Suzlon reported a net profit of Rs 2,072 crore, a sharp rise from Rs 660 crore in FY24. Revenue for the year climbed 67% to Rs 10,851 crore from Rs 6,497 during the March quarter stood at Rs 3,274 crore, up from Rs 2,611 crore in Q3FY25 and Rs 1,927 crore in Q4FY24. The company saw higher spending on raw materials, components, employee costs, finance charges, and depreciation.A significant jump in wind turbine deliveries helped power the earnings. Deliveries rose 118% to 1,550 MW in FY25, compared to 710 MW the previous year. Segment revenue from the wind turbine generator business reached Rs 3,142 crore in Q4FY25, rising from Rs 2,336 crore in the previous quarter and Rs 1,532 crore a year Foundry and Forging segment contributed Rs 168 crore, while revenue from operation and maintenance services came in at Rs 591 before exceptional items and tax rose 103% to Rs 1,447 crore in FY25, while EBITDA grew 81% to Rs 1,857 crore. The company's flagship S144 turbine saw its order book cross 5 GW, further strengthening Suzlon's position in the domestic wind energy to Trendlyne, the average target price for Suzlon Energy is Rs 70, suggesting limited upside from current levels. Among the eight analysts tracking the stock, the consensus remains a 'Strong Buy'.The stock has gained nearly 30% over the past month and over 11% this year. Suzlon's market capitalisation now stands at Rs 1.01 lakh crore. advertisement
