Suzlon Energy ***** Performance

$SUZLON Financial Performance (Q4 & Full Year FY26) Suzlon reported its financial results for the quarter ended March 31, 2026, showing a 45% year-on-year (YoY) increase in consolidated revenue from operations to ₹5,468 crore. Consolidated net profit for the quarter stood at ₹1,114 crore, reflecting a minor 5.74% decline compared to ₹1,182 crore in Q4 FY25, but a 150% surge on a sequential basis compared to Q3 FY26. For the full financial year FY26, total revenue increased 54% to ₹16,679 crore, and annual net profit jumped 51% to ₹3,136 crore. Order Book and Deliveries The company achieved its highest-ever annual India deliveries at 2,456 MW for FY26, alongside a record quarterly delivery of 830 MW in Q4. Suzlon's total order book stands at approximately 5.9 GW, with Public Sector Undertakings (PSUs) and Commercial & Industrial (C&I) segments accounting for 66% of these orders. Its flagship 3 MW (S144) wind turbine platform has reached a cumulative order intake of nearly 9 GW. Balance Sheet Status and Capital Expenditure As of March 31, 2026, Suzlon maintained a net cash surplus position of ₹2,384 crore. Transitioning from its previous debt-reduction phase, the company announced an annual capital expenditure (capex) guidance of approximately ₹600 crore (±₹50 crore) to scale manufacturing and project execution capabilities. Out of this annual budget, ₹300 crore to ₹350 crore is earmarked for its project development company (Devco) model to secure land and infrastructure pipelines. New Product Platforms Suzlon unveiled its next-generation "Blue Sky" product platform at the WindEurope Annual Event. This new line introduces larger, high-capacity international wind turbines, specifically the S175 (5 MW) and S163 (6.3 MW) models, aimed at accelerating its European and international business expansion strategy.