Suzlon Energy is India’s leading renewable energy solutions provider offering a 360-degree total solutions package to its customers that covers the entire spectrum of wind energy projects.
Project order win so far in 2024 by Suzlon Energy ltd
- To supply 75 wind turbines with a rated capacity of 3 MW each
- To supply 214 wind turbines with a rated capacity of 3 MW each
- To supply 10 wind turbines with a rated capacity of 3 MW each
- To supply 23 wind turbines with a rated capacity of 3.15 MW each
- To supply 134 wind turbines with a rated capacity of 3 MW each
Renewable energy is the future of India. India sets Panchamrit target for renewable energy to be achieved by 2030. Suzlon energy ltd has a vital role to play in the rising renewable sector of India. To achieve these goals, the Ministry of New and Renewable Energy (MNRE) has established a specific target of installing 100 GW of wind energy capacity by 2030.
On 24th May, 2024, Suzlon Energy ltd reported 9% drop in Q4 profit and following the announcement, share price fell to 45.90, locked in 5% lower circuit.
Q4FY24 result update about suzlon energy ltd (all numbers are in Rs crore)
| Revenue | 2196 (vs 1694 YOY) |
| EBITDA | 341 (vs 490 YOY) |
| PAT | 254 (vs 320 YOY) |
| EPS | 0.19 (vs 0.22 YOY) |
Some fundamentals about Suzlon Energy Ltd you need to know
| CMP | 46 |
| 52 Week High/Low | 50.7 / 10.1 |
| Stock PE | 86.6 |
| ROE | 65% |
| ROCE | 28.9% |
| Debt to Equity ratio | 0.04 |
| Promoter holding/ Pledge percentage | 13.28% / 0.0% |
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