🚀 Suzlon Energy Share Price Target 2025: Buy, Hold or Sell? Full Analysis 28.08.2025

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🌬️ Suzlon Energy Stock Analysis 2025 – Bullet-Point Breakdown

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💡 Introduction: Suzlon’s Revival

• Once debt-ridden, Suzlon has staged a major turnaround.
• From near-collapse → to a leaner, efficient wind energy leader.
• Current share price: ₹57 (down from 52-week high of ₹86).
• Key investor question: Buy opportunity or value trap?
• Analysis covers: financials, order book, valuations, risks, and outlook.

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⚡ Financial Resurgence – Q1 FY26

Quarterly Performance:

• Revenue: ₹3,132 cr (+55% YoY).
• EBITDA: ₹599 cr (+62% YoY); margin 19.1%.
• PAT: ₹324 cr (+7% YoY, moderated by tax charges).

Operational Strength:

• WTG deliveries: 444 MW (+62% YoY).
• Forging division revenue: ₹146.5 cr (+60% YoY).
• Higher utilization = better operating leverage.

📊 Trend Table (Q1 FY26 vs Q1 FY25):

• Revenue ↑ 55%
• EBITDA ↑ 62%
• PAT ↑ 7%
• Margins ↑ 82 bps

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📈 Order Book & Growth Levers

• Order backlog: 5.7 GW (visibility for 2–3 years).
• Client mix: PSUs + C&I corporates → diversification.
• Land-ready projects prioritized → fewer execution delays.
• Export expansion: Middle East, Europe, neighboring markets.
• Policy support: Aligned with MNRE’s ALMM → benefits from import substitution.
• Industry drivers:
  • India’s 500 GW renewable target by 2030.
  • Rising corporate ESG demand.
  • Favorable domestic manufacturing policies.

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💰 Valuation & Market Position

• Trading at: 37.8x FY26E EPS; 27.7x FY27E EPS.
• Sector PE: ~50x → Suzlon trades at a discount.
• Analyst consensus: ₹75 target (~25% upside).
• Book value: 12.6x (justified by higher ROE).

📊 Financial Projection (FY25–FY27E):

• Revenue CAGR: 42%.
• EBITDA CAGR: 47%.
• PAT CAGR: 43%.
• ROE: 23.5% → 27.1%.

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📊 Sentiment Analysis

Technical:

• Stock down 26% YoY.
• Near 52-week low (₹46).
• Daily avg. volume: 6M+ shares → strong participation.

Fundamental:

• 8/9 analysts → Buy/Strong Buy.
• Institutional holding ↑ from 30.2% to 31.2%.
• Retail sentiment extremely positive.

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⚠️ Risks & Challenges

Execution Risks:

• Project delays (land acquisition, PPAs).
• Supply chain costs ↑ 85% YoY.
• Margin pressure from competition.

Financial Risks:

• Deferred tax impact on profits.
• High working capital (receivable days ↑ from 101 → 130).
• No dividend payouts → less attractive for income investors.

Market Risks:

• Rich valuations leave little room for error.
• Promoter holding only 11.7% (declining further).
• Sector policy dependency.

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🔮 Future Outlook

Short-Term (0–12 months):

• Strong order inflows expected.
• Margin expansion via higher utilization.
• Export foray begins.

Medium-Term (1–3 years):

• Industry consolidation → Suzlon gains share.
• Tech upgrades: higher capacity turbines, hybrid solutions.
• Balance sheet strengthening → debt reduction.

Long-Term (3+ years):

• Entry into green hydrogen.
• Expansion into solar-wind hybrids + storage.
• Aspiration to be global clean energy leader.

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🎯 Investment Recommendation

Growth Investors:

• ✅ BUY – 43% earnings CAGR justifies premium valuations.
• ✅ Supported by sector tailwinds & strong order book.

Value Investors:

• ⚖️ HOLD/WAIT – Valuations expensive; better entry possible.
• ⚖️ Watch execution consistency.

Retail Investors:

• 📌 SIP approach advised.
• 📌 2–3 year horizon required.
• 📌 Manage position size due to volatility.

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✅ Conclusion – Suzlon’s Investment Case

• Suzlon = India’s wind energy revival story.
• Strengths: 5.7 GW order book, robust growth, policy tailwinds.
• Near-term volatility possible, but long-term opportunity intact.
• Target price: ₹75 (25% upside).
• Best suited for long-term, high-risk investors.

👉 Final Verdict: BUY with stop-loss & 2–3 year horizon.

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