Suzlon is one of the leading global renewable energy solutions providers. It is a vertically integrated WTG (Wind Turbine Generator) manufacturer. Suzlon is India's leading renewable energy solutions provider, offering a 360-degree total solutions package to its customers that covers the entire spectrum of wind energy projects. For more than two decades, our turnkey solutions and lifetime support combined with the best-in-class products have created value for our customers throughout the globe.
Operations include design, development, and manufacturing of all major components, including rotor blades, tubular towers, generators, control equipment, gears, and nacelles. Apart from manufacturing, it offers a full gamut of wind project planning and execution services, including wind resource assessment, infrastructure and power evacuation, technical planning and execution of wind power projects. Its services span the entire life of wind energy projects. It designs, develops, and manufactures wind turbine generators (WTGs). It also provides allied services, providing it with a strong presence across the wind power value chain.
The Suzlon Group's manufacturing footprint is spread across India and covers 14 facilities. Suzlon's success is due to its dynamic workforce of over 7,700 employees, who are respected and empowered as the Group's most valued asset. Suzlon's products are backed by its eight R&D facilities in Germany, India, Denmark, and the Netherlands. The entire manufacturing of the products happens in-house.
In India, Suzlon is a market leader with 111+ wind farms and an installed capacity of over 15,100 MW. It has developed some of Asia's largest operational onshore wind farms in nine states, including Gujarat, Rajasthan, Maharashtra, and Tamil Nadu. Suzlon has a 20.9 GW global installed wind energy capacity. The company has an installed base of 15 GW in India and more than 9,900 turbines installed.
Suzlon Energy has a Market Capitalization of ₹89,046 Crore (up 18.1% in 1 year), a Revenue of ₹10,890 Crore, and a Profit of ₹2,072 Crore. The stock is trading at 14.5 times its book value. Though the company is reporting repeated profits, it is not paying out dividends. Promoter Holding: 13.2%.
The company has demonstrated remarkable financial recovery in recent quarters:
Q4 FY25 Performance:
- Revenue: ₹3,773.54 Crore as on March 2025 (Q4 FY25).
- Net Profit: ₹1,180.98 Crore as on March 2025 (Q4 FY25).
- Suzlon Energy Ltd's net profit jumped 365.22% since the last year same period to ₹1,182.22 Crore in Q4 FY2024-2025.
- FY25 Results: Best Year in a Decade - Suzlon posts 10-year high Profit Before Tax (PBT) at ₹1,447 Crores.
Q3 FY25 Performance:
- Suzlon Energy Ltd's revenue jumped 91.27% since last year same period to ₹3,002.36 Crore.
- Suzlon Energy Ltd's net profit jumped 90.56% since last year same period to ₹386.92 Crore. On a quarterly growth basis, Suzlon Energy Ltd has generated a 93.27% jump in its net profits since the last 3-months.
Q2 FY25 Performance:
- Wind solutions provider Suzlon Energy's net profit jumped year-over-year (YoY) 97.05% to ₹2.01 billion (~$23.90 million) in the second quarter (Q2) of FY 2024-25 from ₹1.02 billion (~$12.13 million).
- The company's revenue rose 48.42% to ₹21.21 billion (~$252.26 million) in Q2 from ₹14.29 billion (~$169.96 million) in the same period last year.
The company's order book stands at 5.1 GW. The commercial and industrial and captive and retail sectors accounted for 2.7 GW, central and state projects accounted for 1.2 GW, and public sector undertakings 1.2 GW. This win takes Suzlon's largest-ever cumulative order book close to 5 GW as of September 3, 2024.
Recent major order wins include NTPC Green Energy Awards 1,544 MW Wind Projects Including a New 378 MW Order to Suzlon. Suzlon signed a 1,166 MW wind energy order from NTPC Green Energy to install a total of 370 wind turbine generators of S144 equipped with a Hybrid Lattice Tubular tower and a rated capacity of 3.15 MW each.
Suzlon is the first organization in India to introduce the lattice tubular towers that are cost-effective and much easier to transport compared to tubular and steel towers. It has installed one of the largest wind turbine S144 in India. It boasts a proven track record of proficient technology with over 13,120 turbines installed across diverse climatic conditions.
In recent years, Suzlon has developed strong competencies in solar power too and plans to offer Wind-Solar hybrid solutions. The company also executed definitive agreements to acquire a 76% stake in Renom Energy Services in two tranches from the Sanjay Ghodawat Group. Renom is the largest Multi Brand Operations and Maintenance service ("MBOMS") provider in the country with assets of 1,782 MW in Wind, 148 MW in Solar, and 572 MW in BOP under maintenance across customer segments.
The Group also offers and executes best-in-class Operations, Maintenance and Services (OMS) across the globe. Apart from physical, on-ground service terms, Suzlon's SCADA system (Supervisory Control and Data Acquisition) enables remote monitoring of over 9,500 wind turbines worldwide, allowing the Group to manage uninterrupted operations and reliability of power generation.
Suzlon Energy has positioned itself as a comprehensive renewable energy solutions provider, demonstrating strong financial recovery with consistent profitability growth across quarters. The company's vertically integrated business model, substantial order book, and strategic expansion into operations and maintenance services through acquisitions like Renom Energy Services underscore its commitment to long-term sustainable growth in India's rapidly expanding renewable energy sector.
