Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 25 June, 2024|Author: Getaka | Social: X Twitter Profile
Stock Ticker - BSE: 532667 | NSE: SUZLON

Fundamental Analysis of Suzlon Energy Ltd

Basic Stock Data of Suzlon Energy Ltd

Last Updated: June 25, 2024, 10:34 pm

Market Cap 72,313 Cr.
Current Price 53.6
High / Low55.7/14.0
Stock P/E101
Book Value 2.91
Dividend Yield0.00 %
ROCE24.7 %
ROE28.4 %
Face Value 2.00
PEG Ratio2.47

Competitors of Suzlon Energy Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
The Anup Engineering Ltd 3,602 Cr. 1,8102,187/79548.9 2340.40 %16.8 %12.4 % 10.0
TRF Ltd 617 Cr. 569670/16515.6 35.50.00 %14.7 %% 10.0
Windsor Machines Ltd 1,098 Cr. 170170/52.6 41.10.59 %3.00 %2.82 % 2.00
ATV Projects India Ltd 139 Cr. 26.129.5/9.0221.5 37.40.00 %2.59 %3.31 % 10.0
Walchandnagar Industries Ltd 1,280 Cr. 231269/77.2 65.20.00 %1.29 %13.4 % 2.00
Industry Average12,312.53 Cr1,320.9152.19204.800.21%20.44%16.23%5.58

Suzlon Energy Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales9551,1361,1421,3561,6102,4741,3811,4381,4581,6941,3511,4211,560
Expenses8199409881,1231,3242,2581,1661,2681,2431,4611,1521,1961,313
Operating Profit136196154233286217214170215233199225248
OPM %14%17%13%17%18%9%16%12%15%14%15%16%16%
Other Income54906542,4725625719-289
Interest195197181190186176151978686624414
Depreciation57625861637759635881555139
Profit before tax-111-595-1342-332,4761578323101102203
Tax %-0%-2%30%-4%11%-485%2%-283%-1%1%0%0%0%
Net Profit-118-544-1238-2062,4335678320101102203
EPS in Rs-0.11-0.05-0.02-0.010.03-0.182.010.050.060.220.080.080.15

Last Updated: June 5, 2024, 12:15 pm

Suzlon Energy Ltd Quarterly Chart

Suzlon Energy Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales21,35918,91420,40319,9549,48312,7148,1165,0252,9733,3466,5825,9715,925
Expenses19,52620,41520,46525,7039,76710,2357,1405,0483,8292,8095,6825,1375,053
Operating Profit1,833-1,501-62-5,749-2832,479977-23-856537900833872
OPM %9%-8%-0%-29%-3%20%12%-0%-29%16%14%14%15%
Other Income341-286-495-1942,56310955592-42823952,739255
Interest1,6551,8552,0702,0651,3041,2881,5811,2701,367996735421278
Depreciation661740777809392389342342419258260260244
Profit before tax-142-4,383-3,404-8,816584912-391-1,543-2,68410502,892604
Tax %-233%-8%-4%-4%-4%1%0%1%-0%4%41,648%0%
Net Profit-506-4,732-3,548-9,133583852-384-1,537-2,692104-1772,887601
EPS in Rs-2.17-21.47-11.43-19.950.941.38-0.57-2.32-4.010.10-0.172.280.44
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%0%

Suzlon Energy Ltd Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2012-20132013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)-835.18%25.02%-157.41%106.38%46.14%-145.07%-300.26%-75.15%103.86%-270.19%1731.07%
Change in YoY Net Profit Growth (%)0.00%860.20%-182.43%263.80%-60.24%-191.21%-155.19%225.11%179.01%-374.06%2001.27%

Suzlon Energy Ltd Growth

Compounded Sales Growth
10 Years:-11%
5 Years:5%
3 Years:25%
TTM:9%
Compounded Profit Growth
10 Years:8%
5 Years:20%
3 Years:45%
TTM:320%
Stock Price CAGR
10 Years:8%
5 Years:59%
3 Years:96%
1 Year:283%
Return on Equity
10 Years:%
5 Years:%
3 Years:%
Last Year:28%

Last Updated: June 25, 2024, 4:30 am

Suzlon Energy Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital3553554987421,0041,0051,0641,0641,0641,7021,8432,4542,719
Reserves4,825547-879-8,064-8,537-7,846-8,031-9,562-12,047-5,276-5,601-1,355690
Preference Capital6060000001,9632,2240
Borrowings14,03415,19117,05317,81111,41411,11411,99611,55213,2104,9624,2421,938146
Other Liabilities13,39413,11313,58911,2435,8427,8876,0925,8164,3035,2145,9912,4862,377
Total Liabilities32,60829,20630,26121,7319,72312,16011,1218,8716,5306,6016,4755,5235,931
Fixed Assets12,23312,07613,5155,8431,5731,6651,4631,5201,3581,1661,059866801
CWIP36930643335623320635322912210720638
Investments973670726639367067202023000
Other Assets19,90916,78815,60615,2667,5249,6199,2377,1025,0305,3055,3964,6515,092
Total Assets32,60829,20630,26121,7319,72312,16011,1218,8716,5306,6016,4755,5235,931

Suzlon Energy Ltd Reserves and Borrowings Chart

Suzlon Energy Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 8395565681,119-7391,602-1091,267-9295301,302467
Cash from Investing Activity -643-328-439-8254,482-643-138125-32-24-1985
Cash from Financing Activity -249-901360-199-5,656-1,249492-1,898969-327-1,045-684
Net Cash Flow-53-67348995-1,914-290245-5068180238-133

Suzlon Energy Ltd Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow-5.00-1.00-68.00-5.00-283.002.00977.00-23.00-856.00536.00898.00833.00

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.

Suzlon Energy Ltd Free Cash Flow Chart

Suzlon Energy Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days91534850971041341371681307672
Inventory Days14514110290164168216355400503186176
Days Payable15112413412219323318026525336615586
Cash Conversion Cycle856916186839170227315266107162
Working Capital Days4-13-36-1318-9675-82-3781766190
ROCE %7%-12%-5%-48%11%53%15%-8%-48%11%22%21%

Suzlon Energy Ltd Financial Efficiency Indicators Chart

Suzlon Energy Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters17.17%16.52%16.41%16.04%15.85%14.92%14.50%14.50%14.50%14.50%13.28%13.28%
FIIs4.22%4.08%4.10%4.85%5.52%6.29%7.84%7.65%7.64%7.79%10.88%17.83%
DIIs16.54%17.72%17.06%14.62%13.57%15.50%8.24%5.82%5.55%5.90%9.81%6.16%
Government0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.02%0.02%0.00%
Public62.07%61.69%62.43%64.49%65.06%63.29%69.40%72.02%72.30%71.78%65.99%62.74%
No. of Shareholders11,17,92712,20,46413,15,91215,46,56420,70,70921,15,05722,35,31024,31,13624,42,67224,90,96128,68,15235,12,040

Suzlon Energy Ltd Shareholding Pattern Chart

No. of Suzlon Energy Ltd Shareholders

Suzlon Energy Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Invesco India Contra Fund26,467,3030.91121.627,183,1092024-06-24268.47%
ICICI Prudential MidCap Fund26,000,1522.21119.477,183,1092024-06-24261.96%
Bandhan Flexi Cap Fund18,589,5561.2785.427,183,1092024-06-24158.8%
Motilal Oswal Large and Midcap Fund18,500,0002.5885.017,183,1092024-06-24157.55%
Motilal Oswal ELSS Tax Saver Fund13,931,3322.1264.017,183,1092024-06-2493.95%
Edelweiss Large & Mid Cap Fund11,923,112254.797,183,1092024-06-2465.99%
Invesco India ELSS Tax Saver Fund8,109,1961.4837.267,183,1092024-06-2412.89%
Nippon India Nifty Smallcap 250 Index Fund7,183,1093.1333.017,183,1092024-06-240%
Bandhan Sterling Value Fund7,000,0000.3932.177,183,1092024-06-24-2.55%
HSBC Large & Mid Cap Fund5,840,100126.847,183,1092024-06-24-18.7%

Suzlon Energy Ltd ROCE Trend

Suzlon Energy Ltd EPS Trend

Suzlon Energy Ltd Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue2.002.002.002.002.00
Basic EPS (Rs.)0.502.64-0.220.14-4.97
Diluted EPS (Rs.)0.502.64-0.220.12-4.97
Cash EPS (Rs.)0.622.560.100.42-4.27
Book Value[Excl.RevalReserv]/Share (Rs.)2.880.89-3.88-4.12-20.81
Book Value[Incl.RevalReserv]/Share (Rs.)2.880.89-3.88-4.12-20.81
Revenue From Operations / Share (Rs.)4.804.877.143.935.59
PBDIT / Share (Rs.)0.780.690.980.65-1.56
PBIT / Share (Rs.)0.640.480.700.34-2.35
PBT / Share (Rs.)0.482.360.000.12-5.05
Net Profit / Share (Rs.)0.482.35-0.180.11-5.06
NP After MI And SOA / Share (Rs.)0.482.32-0.210.12-4.97
PBDIT Margin (%)16.3414.2613.8516.56-27.99
PBIT Margin (%)13.449.919.908.84-42.07
PBT Margin (%)10.1048.430.003.13-90.28
Net Profit Margin (%)10.1148.35-2.522.99-90.53
NP After MI And SOA Margin (%)10.1147.71-3.033.11-88.87
Return on Networth / Equity (%)16.84259.200.00-3.020.00
Return on Capital Employeed (%)21.0420.9629.0910.6112.48
Return On Assets (%)9.1951.58-3.081.57-40.46
Long Term Debt / Equity (X)0.011.38-0.95-1.18-0.07
Total Debt / Equity (X)0.021.73-1.18-1.23-0.87
Asset Turnover Ratio (%)1.030.991.010.500.05
Current Ratio (X)1.761.551.201.270.28
Quick Ratio (X)0.990.870.670.700.15
Inventory Turnover Ratio (X)1.951.801.870.760.14
Interest Coverage Ratio (X)6.502.021.240.55-0.60
Interest Coverage Ratio (Post Tax) (X)5.351.400.660.29-0.92
Enterprise Value (Cr.)54757.1111232.4514297.2310119.3410608.34
EV / Net Operating Revenue (X)8.391.882.173.023.57
EV / EBITDA (X)51.3013.1915.6818.26-12.75
MarketCap / Net Operating Revenue (X)8.441.621.281.270.35
Price / BV (X)14.058.82-2.39-1.23-0.09
Price / Net Operating Revenue (X)8.441.621.281.270.35
EarningsYield0.010.29-0.020.02-2.48

Suzlon Energy Ltd Profitability Ratios (%)

Suzlon Energy Ltd Liquidity Ratios

Suzlon Energy Ltd Liquidity Ratios (%)

Suzlon Energy Ltd Interest Coverage Ratios (%)

Suzlon Energy Ltd Valuation Ratios

Fair Value

Fair Value: 85.14

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Undervalued: 58.84% compared to the current price 53.6

Intrinsic Value: 119.90

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 123.70% compared to the current price ₹53.6

Last 5 Year EPS CAGR: 40.83%

*Investments are subject to market risks

Strength and Weakness of Suzlon Energy Ltd Stock

StrengthWeakness
  1. The stock has a low average Working Capital Days of -16.17, which is a positive sign.
  2. The company has shown consistent growth in sales (10.31 cr) and profit (137.08 cr) over the years.
  1. The stock has a low average ROCE of 1.58%, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 128.50, which may not be favorable.
  3. The company has higher borrowings (323.00) compared to reserves (-4,702.77), which may suggest financial risk.

Should I Buy Suzlon Energy Ltd Share Now?

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Suzlon Energy Ltd:
    1. Net Profit Margin: 10.11%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 21.04% (Industry Average ROCE: %)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 16.84% (Industry Average ROE: %)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 5.35
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 0.99
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. ✗ Stock P/E: 101 (Industry average Stock P/E: )
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0.02
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Suzlon Energy Ltd

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. 4040.04 Cr. and Equity Capital is Rs. 1843.49 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Engineering - HeavySuzlon, 5, Shrimali Society, Ahmedabad Gujarat 380009investors@suzlon.com
http://www.suzlon.com
Management
NamePosition Held
Mr. Vinod R TantiChairman & Managing Director
Mr. Girish R TantiExecutive Vice Chairman
Mr. Hiten TimbadiaNon Executive Director
Mr. Ajay MathurNominee Director
Mr. Pranav T TantiNon Executive Director
Mr. Marc DesaedeleerInd. Non-Executive Director
Mr. Per Hornung PedersenInd. Non-Executive Director
Mr. Sameer ShahInd. Non-Executive Director
Mr. Gautam DoshiInd. Non-Executive Director
Mrs. Seemantinee KhotInd. Non-Executive Director

FAQ

What is the latest fair value of Suzlon Energy Ltd?

The latest fair value of Suzlon Energy Ltd is ₹85.14.

What is the Market Cap of Suzlon Energy Ltd?

The Market Cap of Suzlon Energy Ltd is 72,313 Cr..

What is the current Stock Price of Suzlon Energy Ltd as on 25 June 2024?

The current stock price of Suzlon Energy Ltd as on 25 June 2024 is ₹53.6.

What is the High / Low of Suzlon Energy Ltd stocks in FY 2024?

In FY 2024, the High / Low of Suzlon Energy Ltd stocks is 55.7/14.0.

What is the Stock P/E of Suzlon Energy Ltd?

The Stock P/E of Suzlon Energy Ltd is 101.

What is the Book Value of Suzlon Energy Ltd?

The Book Value of Suzlon Energy Ltd is 2.91.

What is the Dividend Yield of Suzlon Energy Ltd?

The Dividend Yield of Suzlon Energy Ltd is 0.00 %.

What is the ROCE of Suzlon Energy Ltd?

The ROCE of Suzlon Energy Ltd is 24.7 %.

What is the ROE of Suzlon Energy Ltd?

The ROE of Suzlon Energy Ltd is 28.4 %.

What is the Face Value of Suzlon Energy Ltd?

The Face Value of Suzlon Energy Ltd is 2.00.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

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