When it comes to renewable energy in India, Suzlon Energy has been a key player, leading the charge in wind energy generation. The company’s stock has seen significant movement lately, especially following its stellar Q4 FY25 performance, which helped push its market capitalisation past the ₹1 lakh crore mark.
What triggered the surge? A combination of impressive earnings, increased wind turbine deliveries, and an optimistic outlook for the coming years led to this remarkable achievement.
Let’s break down what’s driving Suzlon’s stock price and whether it’s a good time to pay attention to this company in your investment strategy.
Suzlon’s strong Q4 performance
In Q4 FY25, Suzlon Energy posted a net profit of ₹1,182 crore, a staggering 365% increase from ₹254 crore in the same quarter last year. This sharp jump was partly driven by a deferred tax gain of ₹600 crore, but even without this one-time factor, the company’s core operations showed remarkable improvement.
But that’s not all, revenue for Q4 surged by 73%, reaching ₹3,773 crore, up from ₹2,179 crore in Q4 FY24. Suzlon exceeded its delivery estimates, completing 573 MW of wind power installations during the quarter. This was a substantial beat compared to the 475 MW target for Q4 FY25.
Also read: Samvardhana Motherson Q4 result highlights
Key figures from Suzlon’s Q4 FY25 results
| Metric | Q4 FY24 | Q4 FY25 | YoY Growth |
| Revenue (₹ crore) | 2,179 | 3,773 | 73% |
| Net Profit (₹ crore) | 254 | 1,182 | 365% |
These numbers show an outstanding year-over-year performance for Suzlon, which has undoubtedly excited investors and analysts alike. The company’s strong delivery volume, combined with rising revenues, helped push its stock price higher.
Why analysts are bullish on Suzlon
Following the impressive performance, brokerages have raised their target prices for Suzlon Energy. Analysts like Motilal Oswal have increased their target price to ₹83, citing the company’s strong Q4 results and optimistic growth outlook. They are confident that Suzlon will continue its upward trajectory, with a 60% YoY improvement in deliveries, revenue, and EBITDA projected for FY26.
On the other hand, Nuvama Institutional Equities raised its target price to ₹68, from ₹61 earlier, noting Suzlon’s strong position in the wind turbine generator (WTG) market and its leadership in the Commercial & Industrial (C&I) and Public Sector Unit (PSU) segments. Although they maintain a Hold rating, the brokerage is still positive about Suzlon’s long-term potential in India’s growing renewable energy space.
The global powerhouse Morgan Stanley has also shown its faith in the company, applying an overweight rating and setting a ₹77 target price, seeing Suzlon’s leadership in wind turbine generation and EPC as the key drivers of its future growth.
Also read: LIC Q4 results highlights
Suzlon’s place in India’s growing wind energy market
What’s crucial to remember here is Suzlon’s dominant position in the Indian wind energy market. It holds roughly 30% of the market share, with a duopoly in the wind turbine and EPC space, alongside one other major player. This is particularly relevant as India’s renewable energy targets keep expanding, and Suzlon is well-positioned to benefit.
India is expected to see a steady rise in wind installations, with projections suggesting 6-7 GW of wind capacity will be added in FY26, up from about 4.2 GW in FY25. This aligns perfectly with Suzlon’s business model, which is focused on both wind turbine manufacturing and EPC services.
For investors, this makes Suzlon an interesting stock to watch. With its order book exceeding 5.6 GW and a solid track record of delivery, the company is poised to capture a significant share of India’s growing wind energy market.
Should you consider Suzlon Energy in your watchlist?
The company has shown consistent improvement, driven by strong quarterly results and a growing order book. The target price updates from top brokerages reflect analysts’ confidence in its growth potential, and its strong market position in the wind energy sector is a solid foundation for future growth.
However, as with any stock, it’s important to remember that the renewable energy sector can be volatile. Suzlon’s recent surge may already reflect much of the optimism around its future, so it’s crucial to evaluate the stock’s valuation against your risk tolerance.
If you’re looking to invest in green energy and believe in India’s transition towards renewable power, Suzlon Energy could be a solid long-term play. But for those wary of market fluctuations, it might be worth waiting for a better entry point.
You may also read: Hindustan Copper’s strong Q4 results
Conclusion
Suzlon Energy is on a roll, with its Q4 FY25 results helping it reach new market cap heights. The company’s impressive financial performance, bullish analyst sentiment, and strong market position in India’s renewable energy sector suggest it has a solid future ahead.
As India continues its push for renewable energy, Suzlon looks set to benefit. Keep an eye on the Suzlon Energy share price, as further upward momentum is likely if the company meets its delivery and revenue targets.
For investors looking to get into the renewable energy market, Suzlon presents a compelling opportunity. But, like any investment, always make sure to do your own research and consider the risks involved before making a decision.
