Suzlon Energy – Daily Technical Chart Analysis
The daily chart of Suzlon Energy shows a recent strong rebound from oversold territory, with prices currently consolidating near ₹59.50. The stock is now trading close to or above all major moving averages (20, 50, 100, 200 DMA), signaling a potential short-term trend reversal. Notably, the green candles, rising RSI (~67), and upward crossover in MACD confirm short-term bullish momentum, while Parabolic SAR below price supports the ongoing upmove. Key support rests at ₹57.50–₹56.00, with resistance at ₹60.50–₹62.00.
Detailed Fundamental Analysis
- Business Profile: Suzlon is India’s leading wind turbine manufacturer with over 21 GW global installations (15.2 GW in India). The company benefits from a robust policy push for renewables and has strong execution capabilities, a large domestic market share, and a firm orderbook (~5.7 GW, 2.5–3 years revenue visibility).
- Financials: FY25 marked its strongest year in a decade—net profit reached ₹2,072 Cr, net revenue ₹10,851 Cr (YoY growth ~67%), and EBITDA margins improved to 17%. Debt continues to decline and finance costs are well-contained. P/E (TTM) stands at 38.8; P/B is 13.6; P/S is 6.8.
- Profitability: Q1FY26 saw 7.3% YoY profit growth, 54.8% jump in revenue. Margins have consistently improved, and cash generation from operations supports ongoing capex and deleveraging.
- Strengths/Risks: Suzlon’s scale, cost leadership, and order wins (notably with Tata Power, Sunsure) drive visibility. Risks include raw material costs, any order delays, forex exposure, and global competition.
04 November 2025 Result Expectations
- Topline: Brokers expect Q2 revenue of ₹2,800–3,300 Cr, reflecting both seasonality and orderbook execution.
- Operating Profit: EBITDA margin likely near 16–18% (steady QoQ/YoY); watch for cost updates.
- Net Profit: Consensus sees ₹300–350 Cr as sustainable, with moderate expectations due to past profitability consistency.
- Guidance: Market will focus on new order flows, commentary on FY26 pipeline, and any update on price hikes or cost-saving measures.
- Potential Impact: A beat on topline or improved margin can trigger further upside; lackluster or in-line numbers may lead to sideways action.
Upcoming News & Events
- Q2FY26 results, board meeting, and earnings call on 04 November 2025.
- Series of investor meetings scheduled Nov 6–20 with B&K Securities, UBS, Anand Rathi, Avendus Spark, JM Financial, Kotak Securities—focus on growth guidance and capital allocation.
- New CFO Rahul Jain recently appointed to further strengthen financial strategy.
- Ongoing large order wins and successful completion of nacelle/plants expansions.
- India’s ALMM (Approved List of Models/Manufacturers) for wind energy expected to boost domestic demand—Suzlon being a key beneficiary.
Broker Views
- Motilal Oswal, ICICI Securities, Morgan Stanley, Bajaj Broking maintain BUY with targets of ₹76–83, citing strong orderbook, government push for renewables, and improved execution as key growth levers. The average target price implies 25–40% upside from current levels.
- Out of 8 analysts, 7 are BUY, 1 is HOLD, none are SELL. Consensus is bullish on sectoral leadership and earnings momentum.
Important Suzlon Points
- India wind market tailwinds: National target of 500 GW non-fossil by 2030, wind to be a key part.
- Firm enjoys 50%+ domestic market share; tech leadership in latest turbine series (S144 – 3.X MW).
- Execution risk has reduced, but scale-up in exports remains a medium-term lever.
- Cash/debt situation is much improved vs previous decade.
Disclaimer & Disclosure
This report is solely for informational and educational purposes. The opinions expressed here are based on the author’s independent research and do not constitute investment advice. Please consult a SEBI registered financial advisor before making any investment decisions. Investment in the stock market involves significant risk. The author/presenter has no personal holding or position in this stock.