About
Suzlon Energy Limited, together with its subsidiaries, manufactures and sells wind turbine generators and related components in India and internationally. The company operates through the WTG, Foundry & Forging, O&M services, and Others segments. It offers onshore wind turbine generators with capacities ranging from 2 MW to 6 MW, and classic fleet turbines; and services including project development through its RE DevCo business, energy storage solutions, and renewable energy asset management. The company also provides operation and maintenance services for wind turbine generators, as well as project execution, procurement, and marketing services. In addition, it is involved in the sale/sub-lease of land; manufacture and sale of forging rings and casting articles, as well as power generation and evacuation infrastructure facilities. The company was incorporated in 1995 and is headquartered in Pune, India.
Key Metrics
as of Sep 2026Market Cap61,877 Cr
P/E19.70
Div Yield0.00 %
Book Value₹6.96
52w High₹61.50
52w Low₹38.20
Face Value₹2.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,297.00 | 4,967.00 | 3,796.00 | 3,481.00 | 2,848.00 | 3,577.00 | 2,768.00 | 1,942.00 | 1,912.00 | 1,429.00 | 908.00 | 764.00 | 760.00 |
| Expenses | 2,763.00 | 3,999.00 | 3,250.00 | 2,756.00 | 2,265.00 | 2,970.00 | 2,294.00 | 1,701.00 | 1,568.00 | 1,313.00 | 882.00 | 732.00 | 712.00 |
| Operating Profit | 534.00 | 969.00 | 546.00 | 725.00 | 583.00 | 607.00 | 474.00 | 241.00 | 343.00 | 115.00 | 26.00 | 32.00 | 48.00 |
| OPM % | 16.00 | 20.00 | 14.00 | 21.00 | 20.00 | 17.00 | 17.00 | 12.00 | 18.00 | 8.00 | 2.80 | 4.20 | 6.00 |
| Other Income | 43.00 | 1,308.00 | 7.00 | -14.00 | 31.00 | 59.00 | 72.00 | 41.00 | 33.00 | 51.00 | 47.00 | 54.00 | 66.00 |
| Depreciation | 72.00 | 60.00 | 47.00 | 43.00 | 39.00 | 46.00 | 45.00 | 41.00 | 35.00 | 28.00 | 20.00 | 34.00 | 37.00 |
| Interest | 123.00 | 123.00 | 103.00 | 99.00 | 93.00 | 79.00 | 60.00 | 49.00 | 40.00 | 63.00 | 29.00 | 58.00 | 76.00 |
| Profit before tax | 383.00 | 2,094.00 | 402.00 | 569.00 | 482.00 | 541.00 | 440.00 | 192.00 | 300.00 | 74.00 | 24.00 | -5.00 | 0.00 |
| Tax % | 20.00 | -5.00 | 30.00 | -126.00 | 28.00 | -117.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | 306.00 | 2,195.00 | 282.00 | 1,287.00 | 347.00 | 1,174.00 | 438.00 | 192.00 | 300.00 | 74.00 | 24.00 | -5.00 | 0.00 |
| EPS in Rs | 0.22 | 1.61 | 0.21 | 0.95 | 0.26 | 0.87 | 0.32 | 0.14 | 0.22 | 0.06 | 0.02 | 0.00 | 0.00 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 15,092.00 | 10,198.00 | 5,864.00 | 3,590.00 | 4,040.00 | 1,247.00 | 376.00 | 2,544.00 | 5,977.00 | 9,246.00 | 5,942.00 | 2,270.00 |
| Expenses | 12,267.00 | 8,527.00 | 4,946.00 | 3,529.00 | 3,964.00 | 1,346.00 | 1,270.00 | 2,743.00 | 5,344.00 | 6,736.00 | 5,103.00 | 2,652.00 |
| Operating Profit | 2,824.00 | 1,670.00 | 918.00 | 61.00 | 76.00 | -98.00 | -894.00 | -199.00 | 633.00 | 2,510.00 | 839.00 | -382.00 |
| OPM % | 19.00 | 16.00 | 16.00 | 1.70 | 1.90 | -8.00 | -238.00 | -8.00 | 11.00 | 27.00 | 14.00 | -17.00 |
| Other Income | 1,330.00 | 199.00 | 91.00 | 2,733.00 | -26.00 | 870.00 | -559.00 | -5,830.00 | -146.00 | -810.00 | 722.00 | -4,274.00 |
| Interest | 418.00 | 229.00 | 144.00 | 442.00 | 777.00 | 983.00 | 1,141.00 | 944.00 | 1,223.00 | 931.00 | 776.00 | 1,219.00 |
| Depreciation | 190.00 | 167.00 | 142.00 | 190.00 | 185.00 | 186.00 | 682.00 | 439.00 | 419.00 | 414.00 | 420.00 | 158.00 |
| Profit before tax | 3,547.00 | 1,474.00 | 723.00 | 2,163.00 | -913.00 | -398.00 | -3,276.00 | -7,412.00 | -1,155.00 | 356.00 | 365.00 | -6,032.00 |
| Tax % | -16.00 | -43.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -3.00 | 0.00 |
| Net Profit | 4,111.00 | 2,105.00 | 723.00 | 2,163.00 | -913.00 | -398.00 | -3,277.00 | -7,413.00 | -1,156.00 | 356.00 | 378.00 | -6,032.00 |
| EPS in Rs | 3.02 | 1.55 | 0.54 | 1.73 | -0.80 | -0.38 | -4.97 | -11.26 | -1.76 | 0.57 | 0.61 | -13.14 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2,745.00 | 2,732.00 | 2,722.00 | 2,454.00 | 1,843.00 | 1,702.00 | 1,064.00 | 1,064.00 | 1,064.00 | 1,005.00 | 1,004.00 | 742.00 |
| Reserves | 7,083.00 | 2,797.00 | 559.00 | -1,035.00 | -5,736.00 | -5,680.00 | -11,342.00 | -8,087.00 | -710.00 | 18.00 | -400.00 | -605.00 |
| Borrowings | 289.00 | 36.00 | 38.00 | 2,342.00 | 4,314.00 | 4,852.00 | 11,962.00 | 6,783.00 | 7,357.00 | 6,075.00 | 6,210.00 | 10,947.00 |
| Other Liabilities | 7,968.00 | 6,780.00 | 3,438.00 | 2,286.00 | 5,253.00 | 4,489.00 | 4,039.00 | 8,763.00 | 5,130.00 | 7,128.00 | 5,478.00 | 4,671.00 |
| Total Liabilities | 18,085.00 | 12,344.00 | 6,757.00 | 6,048.00 | 5,675.00 | 5,362.00 | 5,723.00 | 8,523.00 | 12,841.00 | 14,226.00 | 12,292.00 | 15,754.00 |
| Fixed Assets | 1,232.00 | 732.00 | 673.00 | 526.00 | 681.00 | 758.00 | 893.00 | 1,404.00 | 1,470.00 | 1,790.00 | 1,746.00 | 588.00 |
| CWIP | 151.00 | 76.00 | 8.00 | 4.00 | 12.00 | 100.00 | 117.00 | 140.00 | 292.00 | 128.00 | 179.00 | 20.00 |
| Investments | 2,337.00 | 1,278.00 | 379.00 | 1,754.00 | 1,752.00 | 1,781.00 | 1,782.00 | 2,009.00 | 2,878.00 | 3,648.00 | 2,753.00 | 2,752.00 |
| Other Assets | 14,364.00 | 10,258.00 | 5,698.00 | 3,763.00 | 3,230.00 | 2,724.00 | 2,932.00 | 4,970.00 | 8,201.00 | 8,660.00 | 7,615.00 | 12,395.00 |
| Total Assets | 18,085.00 | 12,344.00 | 6,757.00 | 6,048.00 | 5,675.00 | 5,362.00 | 5,723.00 | 8,523.00 | 12,841.00 | 14,226.00 | 12,292.00 | 15,754.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 1,291.00 | 916.00 | -48.00 | -17.00 | -74.00 | -161.00 | -1,257.00 | 450.00 | -796.00 | 2,801.00 | 1,555.00 | -15.00 |
| Cash from Investing Activity | -1,328.00 | -612.00 | -107.00 | 408.00 | 1,180.00 | 518.00 | -3,503.00 | 534.00 | 32.00 | -1,844.00 | 2,156.00 | -566.00 |
| Cash from Financing Activity | -87.00 | 331.00 | 179.00 | -510.00 | -889.00 | -199.00 | 4,780.00 | -1,414.00 | 1,058.00 | -898.00 | -3,685.00 | 588.00 |
| Net Cash Flow | -124.00 | 635.00 | 24.00 | -119.00 | 216.00 | 157.00 | 20.00 | -430.00 | 293.00 | 59.00 | 27.00 | 7.00 |
| Free Cash Flow | 851.00 | 588.00 | -256.00 | -14.00 | -126.00 | -198.00 | -1,354.00 | 253.00 | -1,027.00 | 2,445.00 | 1,084.00 | -53.00 |
| CFO/OP % | 48.00 | 54.00 | -3.00 | -25.00 | -99.00 | 167.00 | 140.00 | -225.00 | -127.00 | 112.00 | 183.00 | 5.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 139.00 | 132.00 | 103.00 | 56.00 | 60.00 | 111.00 | 413.00 | 157.00 | 116.00 | 91.00 | 116.00 | 254.00 |
| Inventory Days | 134.00 | 164.00 | 221.00 | 101.00 | 138.00 | 420.00 | 859.00 | 251.00 | 138.00 | 150.00 | 132.00 | 132.00 |
| Days Payable | 170.00 | 191.00 | 234.00 | 141.00 | 214.00 | 669.00 | 1,108.00 | 381.00 | 216.00 | 307.00 | 328.00 | 592.00 |
| Cash Conversion Cycle | 103.00 | 104.00 | 89.00 | 15.00 | -16.00 | -138.00 | 163.00 | 26.00 | 37.00 | -66.00 | -81.00 | -206.00 |
| Working Capital Days | 77.00 | 48.00 | 62.00 | -73.00 | -74.00 | -302.00 | -12,645.00 | -831.00 | -169.00 | -86.00 | -65.00 | 84.00 |
| ROCE % | 35.00 | 36.00 | 23.00 | 3.00 | -7.00 | -17.00 | -186.00 | -5.00 | 8.00 | 26.00 | 10.00 | -2.00 |
Corporate Actions
25 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Other | 03 Sep 2024 | — | — | — | Annual General Meeting |
| Other | 20 Sep 2023 | — | — | — | Annual General Meeting |
| Rights | 03 Oct 2022 | 04 Oct 2022 | 5:21 | — | |
| Other | 03 Oct 2022 | 04 Oct 2022 | — | — | Right Issue of Equity Shares |
| Other | 21 Sep 2022 | — | — | — | Annual General Meeting |
| Other | 16 Sep 2021 | — | — | — | Annual General Meeting |
| Other | 17 Sep 2020 | — | — | — | Annual General Meeting |
| Other | 12 Sep 2019 | — | — | — | Annual General Meeting |
| Other | 19 Jul 2018 | — | — | — | Annual General Meeting |
| Other | 14 Sep 2017 | — | — | — | Annual General Meeting |
| Other | 22 Sep 2016 | — | — | — | Annual General Meeting |
| Other | 21 Sep 2015 | — | — | — | Annual General Meeting |
| Other | 11 Sep 2014 | — | — | — | Annual General Meeting |
| Other | 05 Sep 2013 | — | — | — | Annual General Meeting |
| Other | 02 Aug 2012 | — | — | — | Annual General Meeting |
| Other | 15 Sep 2011 | — | — | — | Annual General Meeting |
| Other | 29 Jul 2010 | — | — | — | Annual General Meeting |
| Rights | 09 Jun 2010 | 10 Jun 2010 | 2:15 | — | |
| Other | 09 Jun 2010 | 10 Jun 2010 | — | — | Right Issue of Equity Shares |
| Other | 30 Jul 2009 | — | — | — | Annual General Meeting Bc Dates Revised |
| Dividend | 17 Jul 2008 | — | — | 1.00 | |
| Split | 21 Jan 2008 | 28 Jan 2008 | 10:2 | — | |
| Other | 12 Jul 2007 | — | — | — | Agm |
| Dividend | 16 Mar 2007 | 20 Mar 2007 | — | 5.00 | |
| Dividend | 06 Jul 2006 | — | — | 2.50 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update19 May from icra
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Rating update6 Oct 2025 from icra
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Rating update29 Jul 2025 from icra
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Rating update29 Jul 2025 from crisil
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Rating update30 Dec 2024 from crisil
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Rating update16 Aug 2024 from crisil