Shares of Suzlon Energy gained 2.12% to trade at Rs 64.53 in early trade. At 9:27 am, the stock showed positive movement on Monday's session. Suzlon Energy is included as one of the stocks in the benchmark NIFTY MIDCAP 150 index.
Financial Snapshot:
Quarterly Performance:
The revenue for the quarter-ending March 2024 stood at Rs 2,196.21 Crore. In the following quarters, the revenue was Rs 2,021.59 Crore for June 2024, Rs 2,103.38 Crore for September 2024, Rs 2,974.83 Crore for December 2024, and Rs 3,789.94 Crore for the quarter-ending March 2025. The net profit for the same periods was Rs 254.12 Crore, Rs 302.29 Crore, Rs 200.60 Crore, Rs 387.76 Crore, and Rs 1,180.98 Crore, respectively. The earnings per share (EPS) were Rs 0.19, Rs 0.22, Rs 0.15, Rs 0.28, and Rs 0.87 for the corresponding quarters.
| Heading | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Revenue | Rs 2,196.21 Crore | Rs 2,021.59 Crore | Rs 2,103.38 Crore | Rs 2,974.83 Crore | Rs 3,789.94 Crore |
| Net Profit | Rs 254.12 Crore | Rs 302.29 Crore | Rs 200.60 Crore | Rs 387.76 Crore | Rs 1,180.98 Crore |
| EPS | 0.19 | 0.22 | 0.15 | 0.28 | 0.87 |
Annual Performance:
The company's consolidated annual revenue has shown significant growth. The revenue for the year 2021 was Rs 3,345.72 Crore. It increased to Rs 6,581.78 Crore in 2022, then slightly decreased to Rs 5,970.53 Crore in 2023, before rising to Rs 6,529.09 Crore in 2024 and further to Rs 10,889.74 Crore for the year 2025. The net profit also experienced considerable changes, with Rs 100.34 Crore in 2021, a loss of Rs -166.19 Crore in 2022, a substantial profit of Rs 2,887.29 Crore in 2023, Rs 660.35 Crore in 2024, and Rs 2,071.63 Crore in 2025. The EPS figures reflect this volatility, with Rs 0.14 in 2021, Rs -0.22 in 2022, Rs 2.64 in 2023, Rs 0.50 in 2024, and Rs 1.52 in 2025.
| Heading | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | Rs 3,345.72 Crore | Rs 6,581.78 Crore | Rs 5,970.53 Crore | Rs 6,529.09 Crore | Rs 10,889.74 Crore |
| Net Profit | Rs 100.34 Crore | Rs -166.19 Crore | Rs 2,887.29 Crore | Rs 660.35 Crore | Rs 2,071.63 Crore |
| EPS | 0.14 | -0.22 | 2.64 | 0.50 | 1.52 |
| BVPS | -4.12 | -3.88 | 0.90 | 2.88 | 4.47 |
| ROE | -3.02 | 0.00 | 259.20 | 16.84 | 33.92 |
| Debt to Equity | -1.23 | -1.18 | 1.73 | 0.03 | 0.05 |
Income Statement (Annual):
The annual sales figures show a similar trend, increasing from Rs 3,345 Crore in March 2021 to Rs 10,889 Crore in March 2025. Total income rose from Rs 3,365 Crore in March 2021 to Rs 10,993 Crore in March 2025. The total expenditure also increased significantly, from Rs 2,264 Crore in March 2021 to Rs 9,291 Crore in March 2025. Earnings Before Interest and Taxes (EBIT) showed variability, with Rs 1,101 Crore in March 2021 and Rs 1,701 Crore in March 2025. The net profit has fluctuated, reaching Rs 2,071 Crore in March 2025.
| Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|---|
| Sales | Rs 10,889 Crore | Rs 6,529 Crore | Rs 5,970 Crore | Rs 6,581 Crore | Rs 3,345 Crore |
| Other Income | Rs 103 Crore | Rs 38 Crore | Rs 19 Crore | Rs 22 Crore | Rs 19 Crore |
| Total Income | Rs 10,993 Crore | Rs 6,567 Crore | Rs 5,990 Crore | Rs 6,603 Crore | Rs 3,365 Crore |
| Total Expenditure | Rs 9,291 Crore | Rs 5,743 Crore | Rs 2,677 Crore | Rs 5,869 Crore | Rs 2,264 Crore |
| EBIT | Rs 1,701 Crore | Rs 823 Crore | Rs 3,312 Crore | Rs 734 Crore | Rs 1,101 Crore |
| Interest | Rs 254 Crore | Rs 164 Crore | Rs 420 Crore | Rs 734 Crore | Rs 996 Crore |
| Tax | Rs -625 Crore | Rs 0 Crore | Rs 4 Crore | Rs 166 Crore | Rs 4 Crore |
| Net Profit | Rs 2,071 Crore | Rs 660 Crore | Rs 2,887 Crore | Rs -166 Crore | Rs 100 Crore |
Income Statement (Quarterly):
The quarterly sales have increased consistently, from Rs 2,196 Crore in March 2024 to Rs 3,789 Crore in March 2025. Similarly, total income has grown from Rs 2,207 Crore to Rs 3,825 Crore over the same period. Total expenditure has also seen a rise, from Rs 1,910 Crore to Rs 3,189 Crore. The net profit has shown significant growth, reaching Rs 1,180 Crore in March 2025.
| Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | |
|---|---|---|---|---|---|
| Sales | Rs 3,789 Crore | Rs 2,974 Crore | Rs 2,103 Crore | Rs 2,021 Crore | Rs 2,196 Crore |
| Other Income | Rs 35 Crore | Rs 27 Crore | Rs 17 Crore | Rs 22 Crore | Rs 11 Crore |
| Total Income | Rs 3,825 Crore | Rs 3,002 Crore | Rs 2,121 Crore | Rs 2,044 Crore | Rs 2,207 Crore |
| Total Expenditure | Rs 3,189 Crore | Rs 2,541 Crore | Rs 1,863 Crore | Rs 1,697 Crore | Rs 1,910 Crore |
| EBIT | Rs 635 Crore | Rs 460 Crore | Rs 257 Crore | Rs 347 Crore | Rs 297 Crore |
| Interest | Rs 84 Crore | Rs 69 Crore | Rs 56 Crore | Rs 44 Crore | Rs 44 Crore |
| Tax | Rs -629 Crore | Rs 3 Crore | Rs 0 Crore | Rs 0 Crore | Rs -1 Crore |
| Net Profit | Rs 1,180 Crore | Rs 387 Crore | Rs 200 Crore | Rs 302 Crore | Rs 254 Crore |
Cash Flow:
| Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|---|
| Operating Activities | Rs 1,091 Crore | Rs 79 Crore | Rs 466 Crore | Rs 1,301 Crore | Rs 530 Crore |
| Investing Activities | Rs -751 Crore | Rs -151 Crore | Rs 84 Crore | Rs -18 Crore | Rs -23 Crore |
| Financing Activities | Rs 343 Crore | Rs 131 Crore | Rs -684 Crore | Rs -1,044 Crore | Rs -326 Crore |
| Others | Rs 2 Crore | Rs 0 Crore | Rs 0 Crore | Rs 0 Crore | Rs 0 Crore |
| Net Cash Flow | Rs 685 Crore | Rs 59 Crore | Rs -133 Crore | Rs 237 Crore | Rs 180 Crore |
Balance Sheet:
The share capital has increased from Rs 3,664 Crore in March 2021 to Rs 2,731 Crore in March 2025. Reserves & Surplus have improved significantly, from Rs -5,381 Crore to Rs 3,373 Crore. The Total Assets have increased from Rs 6,601 Crore to Rs 12,959 Crore.
| Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|---|
| Share Capital | Rs 2,731 Crore | Rs 2,721 Crore | Rs 2,454 Crore | Rs 4,067 Crore | Rs 3,664 Crore |
| Reserves & Surplus | Rs 3,373 Crore | Rs 1,198 Crore | Rs -1,355 Crore | Rs -5,614 Crore | Rs -5,381 Crore |
| Current Liabilities | Rs 5,914 Crore | Rs 3,008 Crore | Rs 2,700 Crore | Rs 4,234 Crore | Rs 3,813 Crore |
| Other Liabilities | Rs 939 Crore | Rs 249 Crore | Rs 1,723 Crore | Rs 3,788 Crore | Rs 4,503 Crore |
| Total Liabilities | Rs 12,959 Crore | Rs 7,179 Crore | Rs 5,523 Crore | Rs 6,474 Crore | Rs 6,601 Crore |
| Fixed Assets | Rs 1,404 Crore | Rs 906 Crore | Rs 872 Crore | Rs 1,078 Crore | Rs 1,265 Crore |
| Current Assets | Rs 9,251 Crore | Rs 5,287 Crore | Rs 4,177 Crore | Rs 5,084 Crore | Rs 4,847 Crore |
| Other Assets | Rs 2,303 Crore | Rs 985 Crore | Rs 473 Crore | Rs 311 Crore | Rs 487 Crore |
| Total Assets | Rs 12,959 Crore | Rs 7,179 Crore | Rs 5,523 Crore | Rs 6,474 Crore | Rs 6,601 Crore |
| Contingent Liabilities | Rs 0 Crore | Rs 223 Crore | Rs 210 Crore | Rs 185 Crore | Rs 186 Crore |
Key Financial Ratios:
Key financial ratios for Suzlon Energy show a P/E ratio of 37.28 and a P/B ratio of 12.66 as of March 2025. The company reported a debt-to-equity ratio of 0.05 as of the year-ending March 2025.
| Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|---|
| Basic EPS (Rs.) | 1.52 | 0.50 | 2.64 | -0.22 | 0.14 |
| Diluted Eps (Rs.) | 1.51 | 0.50 | 2.64 | -0.22 | 0.12 |
| Book Value [Excl. Reval Reserve]/Share (Rs.) | 4.47 | 2.88 | 0.90 | -3.88 | -4.12 |
| Dividend/Share (Rs.) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Face Value | 2 | 2 | 2 | 2 | 2 |
| Gross Profit Margin (%) | 18.00 | 16.34 | 14.26 | 13.85 | 16.56 |
| Operating Margin (%) | 15.62 | 13.44 | 9.91 | 9.90 | 8.84 |
| Net Profit Margin (%) | 19.02 | 10.11 | 48.35 | -2.52 | 2.99 |
| Return on Networth / Equity (%) | 33.92 | 16.84 | 259.20 | 0.00 | -3.02 |
| ROCE (%) | 24.15 | 21.04 | 20.96 | 29.09 | 10.61 |
| Return On Assets (%) | 15.98 | 9.19 | 51.58 | -3.08 | 1.57 |
| Current Ratio (X) | 1.56 | 1.76 | 1.55 | 1.20 | 1.27 |
| Quick Ratio (X) | 1.02 | 1.00 | 0.87 | 0.68 | 0.70 |
| Debt to Equity (x) | 0.05 | 0.03 | 1.73 | -1.18 | -1.23 |
| Interest Coverage Ratios (X) | 7.69 | 6.50 | 2.02 | 1.24 | 0.56 |
| Asset Turnover Ratio (%) | 1.08 | 1.03 | 1.00 | 1.01 | 0.51 |
| Inventory Turnover Ratio (X) | 2.58 | 1.95 | 1.80 | 1.87 | 0.76 |
| 3 Yr CAGR Sales (%) | 28.63 | 39.70 | 41.72 | 14.45 | -35.80 |
| 3 Yr CAGR Net Profit (%) | 253.06 | 156.54 | 3.58 | -67.05 | -49.22 |
| P/E (x) | 37.28 | 80.80 | 2.99 | -41.59 | 35.71 |
| P/B (x) | 12.66 | 14.05 | 8.82 | -2.39 | -1.23 |
| EV/EBITDA (x) | 39.01 | 51.30 | 13.19 | 15.68 | 18.26 |
| P/S (x) | 7.10 | 8.44 | 1.62 | 1.28 | 1.27 |
Corporate Actions:
Suzlon Energy Ltd's board is scheduled to convene on August 12, 2025, to deliberate and approve the unaudited financial results on both standalone and consolidated bases for the quarter concluding on June 30, 2025. Furthermore, 43,85,250 equity shares were allotted following the exercise of the ESOP plan 2022. An earnings conference call for Q1 FY26 is scheduled.
Suzlon Energy shares rise 2.12% in early trade.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.