Suzlon Energy has experienced a notable surge in its share price following the release of its impressive Q3 earnings report, extending a post-results rally for the second consecutive session. The company’s stock was locked at the 5% upper circuit on Thursday, continuing the bullish trend that began earlier in the week. This positive performance is a reflection of the company’s strong financial results for Q3 2025, which were announced on Tuesday after market hours.
Suzlon Energy’s Q3 Earnings Report: Key Highlights
Net Profit Jumps by 91% Year-over-Year
Suzlon Energy’s Q3 net profit soared by 91% on a year-over-year (YoY) basis, reaching ₹386.92 crore. This significant growth in profitability is attributed to a combination of increased revenue, a substantial improvement in EBITDA, and a boost in other income.
Revenue and EBITDA Surge
- Revenue: Suzlon’s total revenue for the quarter stood at ₹2,968.81 crore, representing a 91% increase from the same quarter last year.
- EBITDA: The company’s EBITDA for Q3 surged 102% to ₹500 crore, demonstrating strong operational performance. This rise in EBITDA reflects Suzlon’s ability to efficiently scale operations and manage costs.
Impressive Order Book and Record Deliveries
- Order Book: Suzlon Energy boasts a record order book of 5.5 GW, providing a robust backlog that ensures future revenue streams. The company’s order book remains heavily focused on the S144 turbines, which account for 92% of the total orders.
- MW Deliveries: The company delivered 447 MW during the quarter, marking a 163% growth compared to the previous year. This growth indicates Suzlon’s ability to scale production and meet customer demand effectively.
Fundamental Analysis: A Strong Financial Performance
Anshul Jain, Head of Research at Lakshmishree Investment and Securities, praised Suzlon’s outstanding financial performance. He highlighted the following aspects:
- Net Profit: The company’s net profit nearly doubled to ₹387 crore, showing strong operational leverage.
- EBITDA and Margin Improvement: Suzlon’s EBITDA margin improved to 16.6%, indicating enhanced efficiency in operations.
- Other Income: The company’s other income rose significantly to ₹27 crore, contributing positively to the bottom line.
Jain also noted that Suzlon is strategically expanding its manufacturing capabilities by adding new production lines at its Ratlam and Jaisalmer facilities. These expansions will likely support the company’s growth trajectory and contribute to future revenue generation.
Technical Outlook: Suzlon Share Price Analysis
On the technical side, the outlook for Suzlon shares remains positive. Sugandha Sachdeva, Founder of SS WealthStreet, explained that the stock has established a strong base at ₹47, which provides significant support. However, the stock faces a resistance level at ₹55.
Key Technical Levels to Watch
- Support Level: ₹47
- Resistance Level: ₹55
Sachdeva suggests that if Suzlon’s stock price breaks above the ₹55 resistance level on a closing basis, it may experience a strong bullish momentum, making it an attractive option for investors.
Recommendations for Investors
- For Existing Shareholders: Maintain a strict stop-loss at ₹47 and continue to hold the shares. The stock could break out above ₹55, leading to a potential rally.
- For Fresh Investors: It is recommended to initiate momentum buying at the current market price, while maintaining a stop-loss at ₹47 to manage risk.
Suzlon’s Strategic Expansion: A Key Driver of Growth
Suzlon Energy’s strong performance is not only attributed to its financial results but also to its strategic investments in scaling manufacturing capabilities. The company is adding new production lines at its Ratlam and Jaisalmer plants, which will enhance its ability to meet growing demand and improve production efficiency.
These investments are seen as a long-term growth strategy, positioning Suzlon for continued success in the renewable energy sector, especially as demand for wind energy and turbines continues to rise in India and globally.
Record Order Book and Market Position
Suzlon’s order book of 5.5 GW is a key factor in its optimistic outlook for the coming quarters. The company’s focus on the S144 turbines, which constitute the majority of its orders, ensures that it remains well-positioned in the competitive wind energy market. The ability to deliver 447 MW in the current quarter, combined with a record order book, sets Suzlon apart as a market leader in the wind energy industry.
What Lies Ahead for Suzlon Energy
Looking ahead, Suzlon is poised for strong growth, driven by its expanding order book, record deliveries, and ongoing investments in manufacturing capabilities. As demand for clean energy and wind turbines continues to rise, Suzlon’s market share is likely to increase, providing a solid foundation for future revenue and profit growth.
The company’s ability to scale operations efficiently, coupled with its strategic investments in manufacturing and technology, positions Suzlon Energy as one of the top players in the renewable energy sector in India.
Suzlon Energy’s Q3 Performance in 2025
|
Key Metric |
Value |
|
Q3 Net Profit (YoY Growth) |
₹386.92 crore (91% increase) |
|
Q3 Revenue (YoY Growth) |
₹2,968.81 crore (91% increase) |
|
EBITDA Growth |
102% increase to ₹500 crore |
|
EBITDA Margin |
16.6% |
|
Order Book |
5.5 GW |
|
MW Delivered |
447 MW (163% growth) |
|
Other Income |
₹27 crore |
|
Production Expansion |
New lines at Ratlam and Jaisalmer |
Conclusion: A Bullish Outlook for Suzlon Energy
Suzlon Energy’s impressive Q3 results, combined with its expanding order book and strategic manufacturing expansions, provide a strong foundation for future growth. The company is well-positioned to capitalize on the rising demand for renewable energy, especially in wind power. For investors, Suzlon shares appear to be a promising bet, with the potential for strong upside as the company continues to scale its operations and deliver on its growth strategy.
With a strong technical setup and favorable market conditions, Suzlon Energy’s stock remains one to watch in the coming months. Investors should monitor key levels, particularly the ₹55 resistance, for potential breakout opportunities.