Suzlon Energy Shares Witness Sharp 5.6% Decline Amid Profit Booking
Suzlon Energy faced renewed selling pressure during Thursday's trading session on February 5, with its stock price plummeting 5.6% to hit an intraday low of ₹47 per share. This significant drop effectively erased most of the company's recent gains, as investors seemed to express disappointment despite the wind energy giant posting robust quarterly performance figures.
Strong Financial Performance in December Quarter
The company released its December quarter results today, revealing a consolidated net profit of ₹445 crore. This represents a substantial 15% increase compared to the ₹388 crore reported during the same period in the previous year. During the reporting quarter, Suzlon achieved its highest-ever quarterly deliveries of 617 MW, a notable jump from 447 MW in Q3FY25.
This impressive delivery performance boosted the company's consolidated revenue to ₹4,228 crore, marking a significant improvement from the ₹2,969 crore reported in the corresponding quarter last year. On the operational front, Suzlon posted an EBITDA of ₹739 crore, up from ₹500 crore in the year-ago period, reflecting a remarkable 47% growth.
The company's margins expanded by 700 basis points to reach 17.5%, indicating improved operational efficiency and cost management during the quarter.
Order Book Strength and Market Dominance
At the conclusion of the December quarter, Suzlon's order book stood at an impressive 6.4 GW. Within this total, the S144 order book accounted for 5.69 GW, establishing it as the dominant product in the Indian wind energy market, according to the company's regulatory filing.
JP Chalasani, Chief Executive Officer of Suzlon Group, commented on the company's performance, stating, "Our closing order book of 6.4 GW stands higher than the opening order book for the quarter, despite achieving the highest-ever deliveries in 30 years. This clearly reflects the strong demand for our solutions and the effectiveness of our execution capabilities."
Strategic Initiatives and Future Outlook
Chalasani further elaborated on the company's strategic direction, noting, "Our balanced EPC strategy—which targets approximately a 50% share of the EPC business by 2028—is progressing steadily. The EPC share has already increased from 20% to 27% this quarter alone."
He added, "Our project development pipeline, which exceeds 25 GW, is complementing this strategy to drive future growth. The success of this strategic shift is enhancing revenue visibility, improving project control, and will continue to serve as a key growth driver for the entire group."
Suzlon Energy Share Price Trend Analysis
Suzlon Energy shares have remained under severe selling pressure since May 2025, closing lower in seven out of the following eight months. This prolonged decline has resulted in a cumulative loss of 33% for investors. The stock has also experienced a 44% drop from its September peak of ₹86 per share.
The stock concluded CY25 with a decline of 15.35%, marking its first annual fall in five years. Despite this volatility, domestic brokerage firm Motilal Oswal, in its recent research note, reiterated its 'Buy' recommendation on Suzlon Energy, maintaining a target price of ₹74 per share.
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