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
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.
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