Suzlon Energy Ltd. (NSE: SUZLON) has emerged as one of India’s most-watched renewable energy stocks, thanks to its strong turnaround story and leadership in the wind energy segment. As of October 2025, Suzlon’s share price trades around ₹52–₹53, down around 16–31% from its 2024 highs. This decline was mainly due to small-cap corrections, promoter stake sales, and global volatility.
However, the company’s fundamentals remain robust. With a record 5.6 GW order book (worth ~₹36,000 crore), a 60% YoY revenue surge in FY25, and India’s commitment to achieve 500 GW renewable capacity by 2030, Suzlon continues to be a central player in the clean energy revolution.
Investors are closely tracking Suzlon’s next phase of growth, driven by new orders from Tata Power (838 MW) and NTPC Green (1,166 MW) — key signals of operational momentum and sector confidence.
About the Company
Founded in 1995 and headquartered in Pune, Suzlon Energy Ltd. is a global renewable energy solutions provider. The company designs, manufactures, installs, and services wind turbine generators (WTGs), serving both domestic and international markets.
Key operations include:
- Wind turbine manufacturing and EPC solutions
- Operation & Maintenance Services (O&M)
- Hybrid and solar energy integration
Suzlon currently holds a market-leading 32% share in India’s wind energy sector, making it one of the most significant contributors to India’s green transition.
Fundamental Analysis
Revenue & Profit Trends
- FY23 Revenue: ₹6,583 crore → FY25: ₹10,400 crore (60% growth)
- Net Profit FY25: ₹740 crore vs. ₹296 crore in FY24
- EBITDA Margin: Improved to 17.2% (FY25)
- Order Book: 5.6 GW worth ~₹36,000 crore
Valuation Metrics
- P/E Ratio: ~63x (slightly overvalued vs. peers like Inox Wind at 55x)
- ROE: 12.4% (expected to cross 15% by FY27)
- EPS (FY25): ₹0.82
Balance Sheet Strength
- Debt-free status after repaying ₹12,000 crore in 2023
- Cash & Cash Equivalents: ₹1,400 crore (FY25)
- Improving net worth with positive reserves after years of restructuring
Shareholding Pattern (as of Sept 2025)
| Shareholder | Holding (%) |
|---|---|
| Promoters | 13.1 |
| FIIs | 22.8 |
| DIIs | 18.7 |
| Retail Investors | 45.4 |
Past Stock Performance
Suzlon’s stock has delivered one of the strongest multibagger recoveries in the small-cap segment.
- 2020–2024: Jumped from ₹3 to ₹80 (2,500%+ gain)
- 2025 YTD: Corrected 20–25% due to profit-booking and promoter sales
Despite short-term weakness, long-term investors continue to hold bullish expectations based on its clean energy positioning and steady order inflows.
Suzlon Energy Share Price Target 2025–2050
| Year | Minimum | Average | Maximum |
|---|---|---|---|
| 2025 | ₹54 | ₹75 | ₹88 |
| 2026 | ₹70 | ₹100 | ₹130 |
| 2030 | ₹175 | ₹300 | ₹630 |
| 2035 | ₹250 | ₹600 | ₹1,070 |
| 2040 | ₹400 | ₹1,200 | ₹2,800 |
| 2045 | ₹800 | ₹1,900 | ₹2,500 |
| 2050 | ₹780 | ₹2,000 | ₹3,500 |
Suzlon Energy Share Price Target & Prediction 2025–2050
Suzlon Energy Share Price Target 2025 Outlook
The near-term outlook is moderately positive. With 6 GW wind capacity additions expected in FY26 and Suzlon’s margin expansion to 17%, brokerages like Motilal Oswal (₹80) and JM Financial (₹81) maintain “Buy” ratings.
However, execution delays in NTPC projects could limit gains below ₹55 in a bearish case.
Suzlon Energy Share Price Target 2026–2030 Forecast
Between 2026 and 2030, Suzlon is expected to benefit from:
- India’s 122 GW wind capacity target by 2030
- Strong 20–25% CAGR in profits
- Expansion into hybrid wind-solar systems
WalletInvestor projects ₹165 by 2030, while optimistic models (like Trademint) foresee ₹630, assuming rising FII participation and improved profitability.
Suzlon Energy Share Price Target 2035–2050 Long-Term Vision
Long-term estimates depend heavily on India’s net-zero roadmap and Suzlon’s international reach.
- Conservative projections suggest 15–20% CAGR leading to ₹1,200–₹2,000 by 2040.
- Bullish scenarios assume Suzlon captures 30% domestic wind market share and launches offshore wind tech, taking valuations as high as ₹3,500 by 2050.
Growth Drivers
- Government RE Policies: Backed by India’s 500 GW renewable target by 2030.
- Debt-Free Balance Sheet: Enables reinvestment in capacity expansion.
- Order Book Momentum: 5.6 GW visibility ensures earnings stability.
- Hybrid & Offshore Wind Expansion: Entry into solar-hybrid and offshore markets.
- Technological Upgrades: New carbon-fiber turbines improving efficiency.
- Global Market Potential: Expansion into APAC and European RE markets.
Expert Views
| Brokerage/Analyst | Target (₹) | View | Remarks |
|---|---|---|---|
| Motilal Oswal | 80 | Buy | Strong order visibility, 35x FY27E EPS |
| JM Financial | 81 | Buy | Execution turnaround, improving balance sheet |
| HDFC Securities | 76 | Hold | Valuations stretched but solid fundamentals |
| WalletInvestor | 165 (2030) | Bullish | Technical uptrend, volume breakout pattern |
| Trademint Research | 630 (2030) | Very Bullish | Multibagger potential from RE boom |
Risks & Challenges
- Policy uncertainty or delayed renewable subsidies
- Global competition (Inox Wind, Chinese OEMs)
- Execution delays in large wind farm projects
- High valuation (P/E >60x) amid sector rotation
- Promoter dilution and limited dividend payouts
Investment Suitability
Suzlon Energy is suited for:
- Long-term investors (5–10 years) seeking exposure to India’s renewable energy boom
- ESG-focused portfolios and green energy ETFs
- Investors with moderate risk appetite who can tolerate short-term volatility
Short-term traders may experience swings, but the long-term story remains strong due to India’s structural shift toward renewables.
FAQs
-
What will be Suzlon Energy’s share price in 2030?
Based on multiple forecasts, Suzlon’s 2030 share price could range between ₹175 and ₹630, depending on execution success and policy support.
-
Can Suzlon Energy reach ₹100 by 2026?
Yes, if order execution remains on track and margins sustain above 17%, the stock could cross ₹100 by FY26.
-
Is Suzlon Energy good for long-term investment?
Yes, Suzlon offers a strong long-term renewable energy growth story, backed by government policy, improving balance sheet, and global RE demand. Investors should, however, be ready for volatility.
Conclusion
Suzlon Energy stands at the crossroads of India’s renewable transformation. While short-term corrections may persist, the company’s strong fundamentals, debt-free position, and robust order pipeline indicate long-term value creation.
By 2050, Suzlon could evolve from a domestic turbine maker to a global renewable powerhouse, if it continues executing efficiently and maintaining financial discipline.
In Summary
| Metric | Value |
|---|---|
| Current Price (Oct 2025) | ₹52 |
| 1-Year Target (2026) | ₹100 |
| Analyst Consensus | Buy |
| Long-Term Outlook (2030–2050) | Positive – Multibagger potential with volatility |
