Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated: April 2, 2026, 3:13 am
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 532667 | NSE: SUZLON

Suzlon Energy Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹33.78Overvalued by 17.81%vs CMP ₹41.10

P/E (17.3) × ROE (41.4%) × BV (₹5.78) × DY (2.00%)

₹25.44Overvalued by 38.10%vs CMP ₹41.10
MoS: -61.6% (Negative)Confidence: 58/100 (Moderate)Models: 1 Under, 1 Fair, 7 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹43.5223%Fair (+5.9%)
Graham NumberEarnings₹17.5917%Over (-57.2%)
Earnings PowerEarnings₹11.7811%Over (-71.3%)
DCFCash Flow₹57.9311%Under (+40.9%)
Net Asset ValueAssets₹5.777%Over (-86%)
EV/EBITDAEnterprise₹15.309%Over (-62.8%)
Earnings YieldEarnings₹23.807%Over (-42.1%)
ROCE CapitalReturns₹5.367%Over (-87%)
Revenue MultipleRevenue₹8.006%Over (-80.5%)
Consensus (9 models)₹25.44100%Overvalued
Key Drivers: EPS CAGR 28.8% lifts DCF — verify sustainability. | Wide model spread (₹5–₹58) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 28.8%

*Investments are subject to market risks

Investment Snapshot

79
Suzlon Energy Ltd scores 79/100 (Strong)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health84/100 · Strong
ROCE 32.5% ExcellentROE 41.4% ExcellentD/E -1.23 Low debtInterest Coverage 0.0x RiskyProfitable 4/5 years Consistent
Smart Money60/100 · Moderate
FII holding up 0.69% (6mo) Slight increasePromoter holding at 11.7% Stable
Earnings Quality65/100 · Strong
OPM expanding (14% → 17%) Improving
Quarterly Momentum90/100 · Strong
Revenue (4Q): +62% YoY AcceleratingProfit (4Q): +182% YoY Strong
Industry Rank90/100 · Strong
P/E 17.3 vs industry 37.1 Cheaper than peersROCE 32.5% vs industry 15.8% Above peersROE 41.4% vs industry 13.1% Above peers3Y sales CAGR: 18% Moderate

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 3:13 am

Market Cap 55,941 Cr.
Current Price 41.1
Intrinsic Value₹25.44
High / Low 74.3/38.2
Stock P/E17.3
Book Value 5.78
Dividend Yield0.00 %
ROCE32.5 %
ROE41.4 %
Face Value 2.00
PEG Ratio0.60

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Suzlon Energy Ltd

Competitors

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
Suzlon Energy Ltd 55,941 Cr. 41.1 74.3/38.217.3 5.780.00 %32.5 %41.4 % 2.00
Bharat Heavy Electricals Ltd 87,692 Cr. 252 306/193108 70.10.20 %4.87 %2.12 % 2.00
Triveni Turbine Ltd 14,434 Cr. 454 675/42840.9 40.90.88 %41.4 %30.6 % 1.00
Inox Wind Ltd 13,918 Cr. 80.5 198/74.927.7 38.60.00 %11.5 %11.7 % 10.0
TD Power Systems Ltd (TDPS) 13,475 Cr. 863 933/31161.4 61.50.14 %30.4 %22.3 % 2.00
Industry Average9,009.11 Cr1,209.8537.05295.050.38%15.76%13.09%8.88

All Competitor Stocks of Suzlon Energy Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 1,4581,6941,3511,4211,5602,1962,0222,1032,9753,7903,1323,8714,236
Expenses 1,2431,4611,1521,1961,3131,8391,6521,8092,4753,0962,5333,1503,498
Operating Profit 215233199225248357370294500693599721738
OPM % 15%14%15%16%16%16%18%14%17%18%19%19%17%
Other Income 625719-289-1623182835332723
Interest 86866244144445567085103110114
Depreciation 58815551394446546693707580
Profit before tax 78323101102203253302202391551459562567
Tax % -1%1%0%0%0%-0%0%0%1%-114%29%-127%21%
Net Profit 783201011022032543022013881,1813241,279445
EPS in Rs 0.060.220.080.080.150.190.220.150.290.870.240.940.33

Last Updated: March 4, 2026, 3:46 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 24, 2026, 6:46 pm

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 20,40319,9549,48312,7148,1165,0252,9733,3466,5825,9716,52910,89015,029
Expenses 20,46525,7039,76710,2357,1405,0483,8292,8095,6825,1375,4929,02612,277
Operating Profit -62-5,749-2832,479977-23-8565379008331,0371,8632,752
OPM % -0%-29%-3%20%12%-0%-29%16%14%14%16%17%18%
Other Income -495-1942,56310955592-42823952,739-2497118
Interest 2,0702,0651,3041,2881,5811,2701,367996735421164255412
Depreciation 777809392389342342419258260260190259318
Profit before tax -3,404-8,816584912-391-1,543-2,68410502,8926591,4472,140
Tax % 4%4%-4%1%-0%-1%0%4%41,648%0%-0%-43%
Net Profit -3,548-9,133583852-384-1,537-2,692104-1772,8876602,0723,230
EPS in Rs -11.43-19.950.941.38-0.57-2.32-4.010.10-0.172.280.491.532.38
Dividend Payout % 0%0%0%0%0%0%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)-157.41%106.38%46.14%-145.07%-300.26%-75.15%103.86%-270.19%1731.07%-77.14%213.94%
Change in YoY Net Profit Growth (%)0.00%263.80%-60.24%-191.21%-155.19%225.11%179.01%-374.06%2001.27%-1808.21%291.08%

Suzlon Energy Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:-6%
5 Years:30%
3 Years:18%
TTM:67%
Compounded Profit Growth
10 Years:8%
5 Years:23%
3 Years:194%
TTM:127%
Stock Price CAGR
10 Years:12%
5 Years:80%
3 Years:80%
1 Year:-24%
Return on Equity
10 Years:%
5 Years:%
3 Years:%
Last Year:41%

Last Updated: September 5, 2025, 9:10 am

Balance Sheet

Last Updated: December 4, 2025, 1:32 am

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 4987421,0041,0051,0641,0641,0641,7021,8432,4542,7222,7322,744
Reserves -879-8,064-8,537-7,846-8,031-9,562-12,047-5,045-5,369-1,3551,1993,3745,116
Borrowings 17,05917,81111,41411,11411,99611,55213,2106,9256,4651,938150323397
Other Liabilities 13,58311,2435,8427,8876,0925,8164,3033,0193,5352,4863,1086,5317,599
Total Liabilities 30,26121,7319,72312,16011,1218,8716,5306,6016,4755,5237,17912,96015,856
Fixed Assets 13,5155,8431,5731,6651,4631,5201,3581,1661,0598668861,7801,776
CWIP 43335623320635322912210720620105286
Investments 7072663936706720202300843202
Other Assets 15,60615,2667,5249,6199,2377,1025,0305,3055,3964,6516,26411,03213,591
Total Assets 30,26121,7319,72312,16011,1218,8716,5306,6016,4755,5237,17912,96015,856

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + 5681,119-7391,602-1091,267-9295301,302491801,092
Cash from Investing Activity + -439-8254,482-643-138125-32-24-1985-152-749
Cash from Financing Activity + 360-199-5,656-1,249492-1,898969-327-1,045-709132343
Net Cash Flow 48995-1,914-290245-5068180238-13360686
Free Cash Flow -89429-1,1261,211-7641,020-1,0294821,226477-147724
CFO/OP -882%-23%270%67%-17%-5,358%108%96%144%61%10%59%

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow-79.00-22.00-294.00-9.00966.00-34.00-869.00531.00894.00832.00-149.00-322.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 4850971041341371681307672102130
Inventory Days 10290164168216355400503186176210171
Days Payable 13412219323318026525336615586165156
Cash Conversion Cycle 16186839170227315266107162148145
Working Capital Days -99-96-56-155-100-328-1,46584166610373
ROCE %-5%-48%11%53%15%-8%-48%10%21%20%25%33%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 14.50%14.50%13.28%13.28%13.28%13.26%13.25%13.25%13.25%11.75%11.73%11.73%
FIIs 7.64%7.79%10.88%17.83%19.57%21.53%23.72%22.87%23.04%23.02%22.70%23.73%
DIIs 5.55%5.90%9.81%6.16%6.30%9.16%9.02%9.31%8.73%10.17%10.14%9.23%
Government 0.00%0.02%0.02%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public 72.30%71.78%65.99%62.74%60.85%56.03%54.02%54.56%54.98%55.07%55.40%55.29%
No. of Shareholders 24,42,67224,90,96128,68,15235,12,04043,55,16941,96,13349,94,34554,68,87156,74,61956,04,61056,36,24056,35,389

Shareholding Pattern Chart

No. of Shareholders

Suzlon Energy Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Motilal Oswal Large and Midcap Fund 72,507,951 2.37 345.6571,000,0002026-02-23 00:14:032.12%
Canara Robeco Large and Mid Cap Fund 47,375,464 0.92 225.8444,875,4642026-01-26 07:44:045.57%
Sundaram Mid Cap Fund 32,272,475 1.19 153.8428,534,5282026-02-23 00:14:0313.1%
UTI Mid Cap Fund 31,000,000 1.29 147.7830,000,0002026-01-26 07:44:043.33%
Invesco India Contra Fund 28,264,022 0.68 134.7326,467,3032025-12-08 00:02:076.79%
Motilal Oswal ELSS Tax Saver Fund 24,702,337 2.81 117.7613,931,3322025-12-08 00:02:0777.31%
HDFC Large and Mid Cap Fund 21,315,210 0.36 101.61N/AN/AN/A
HSBC Small Cap Fund 20,324,400 0.64 96.89N/AN/AN/A
Aditya Birla Sun Life Large Cap Fund 20,168,054 0.32 96.14N/AN/AN/A
Aditya Birla Sun Life Midcap Fund 13,937,477 1.1 66.44N/AN/AN/A

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 2.002.002.002.002.00
Basic EPS (Rs.) 1.520.502.64-0.220.14
Diluted EPS (Rs.) 1.510.502.64-0.220.12
Cash EPS (Rs.) 1.710.622.560.100.42
Book Value[Excl.RevalReserv]/Share (Rs.) 4.472.880.89-3.88-4.12
Book Value[Incl.RevalReserv]/Share (Rs.) 4.472.880.89-3.88-4.12
Revenue From Operations / Share (Rs.) 7.974.804.877.143.93
PBDIT / Share (Rs.) 1.440.780.690.980.65
PBIT / Share (Rs.) 1.250.640.480.700.34
PBT / Share (Rs.) 1.060.482.360.000.12
Net Profit / Share (Rs.) 1.520.482.35-0.180.11
NP After MI And SOA / Share (Rs.) 1.520.482.32-0.210.12
PBDIT Margin (%) 18.0016.3414.2613.8516.56
PBIT Margin (%) 15.6213.449.919.908.84
PBT Margin (%) 13.2810.1048.430.003.13
Net Profit Margin (%) 19.0210.1148.35-2.522.99
NP After MI And SOA Margin (%) 19.0210.1147.71-3.033.11
Return on Networth / Equity (%) 33.9216.84259.200.00-3.02
Return on Capital Employeed (%) 24.1521.0420.9629.0910.61
Return On Assets (%) 15.989.1951.58-3.081.57
Long Term Debt / Equity (X) 0.020.011.38-0.95-1.18
Total Debt / Equity (X) 0.040.021.73-1.18-1.23
Asset Turnover Ratio (%) 1.081.030.991.010.50
Current Ratio (X) 1.561.761.551.201.27
Quick Ratio (X) 1.020.990.870.670.70
Inventory Turnover Ratio (X) 3.943.171.801.870.76
Interest Coverage Ratio (X) 7.696.502.021.240.55
Interest Coverage Ratio (Post Tax) (X) 9.135.351.400.660.29
Enterprise Value (Cr.) 76480.1654757.1111232.4514297.2310119.34
EV / Net Operating Revenue (X) 7.028.391.882.173.02
EV / EBITDA (X) 39.0151.3013.1915.6818.26
MarketCap / Net Operating Revenue (X) 7.108.441.621.281.27
Price / BV (X) 12.6614.058.82-2.39-1.23
Price / Net Operating Revenue (X) 7.108.441.621.281.27
EarningsYield 0.020.010.29-0.020.02

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Suzlon Energy Ltd. is a Public Limited Listed company incorporated on 10/04/1995 and has its registered office in the State of Gujarat, India. Company's Corporate Identification Number(CIN) is L40100GJ1995PLC025447 and registration number is 025447. Currently Company is involved in the business activities of Manufacture of power generators (except battery charging alternators for internal combustion engines), motor generator sets (except turbine generator set units). Company's Total Operating Revenue is Rs. 10197.72 Cr. and Equity Capital is Rs. 2731.79 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Engineering - HeavySuzlon, 5, Shrimali Society, Ahmedabad Gujarat 380009Contact not found
Management
NamePosition Held
Mr. Vinod R TantiChairman & Managing Director
Mr. Girish R TantiExecutive Vice Chairman
Mr. Sameer ShahInd. Non-Executive Director
Mrs. Seemantinee KhotInd. Non-Executive Director
Mr. Pranav TantiNon Executive Director
Mr. Gautam DoshiInd. Non-Executive Director
Mr. Per Hornung PedersenInd. Non-Executive Director

FAQ

What is the intrinsic value of Suzlon Energy Ltd and is it undervalued?

As of 03 April 2026, Suzlon Energy Ltd's intrinsic value is ₹25.44, which is 38.10% lower than the current market price of ₹41.10, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (41.4 %), book value (₹5.78), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Suzlon Energy Ltd?

Suzlon Energy Ltd is trading at ₹41.10 as of 03 April 2026, with a FY2026-2027 high of ₹74.3 and low of ₹38.2. The stock is currently near its 52-week low. Market cap stands at ₹55,941 Cr..

How does Suzlon Energy Ltd's P/E ratio compare to its industry?

Suzlon Energy Ltd has a P/E ratio of 17.3, which is below the industry average of 37.05. Trading at a steep discount to peers could signal a value opportunity or reflect concerns about the company's fundamentals.

Is Suzlon Energy Ltd financially healthy?

Key indicators for Suzlon Energy Ltd: ROCE of 32.5 % indicates efficient capital utilization; ROE of 41.4 % shows strong shareholder returns. Dividend yield is 0.00 %.

Is Suzlon Energy Ltd profitable and how is the profit trend?

Suzlon Energy Ltd reported a net profit of ₹2,072 Cr in Mar 2025 on revenue of ₹10,890 Cr. Compared to ₹-177 Cr in Mar 2022, the net profit shows an improving trend.

Does Suzlon Energy Ltd pay dividends?

Suzlon Energy Ltd has a dividend yield of 0.00 % at the current price of ₹41.10. The company is currently not paying meaningful dividends.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Suzlon Energy Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE
Explore Industry-wise Stock Analysis Reports