FIIs bought 2,19,10,347 shares: Wind energy power stock below Rs 70; Company posts 10-year high Profit Before Tax (PBT) at Rs 1,447 crore

The stock gave multibagger returns of 535 per cent in 2 years and a whopping 2,400 per cent in 5 years.

The Suzlon Group, India’s leading wind energy solutions provider, has announced its audited financial results for the fiscal year 2024-25 (FY25), marking its best performance in a decade. The company reported a 103 per cent year-on-year increase in Profit Before Tax (PBT) to Rs 1,447 crore, reaching its highest PBT in a decade. Revenue also saw a significant 67 per cent increase, climbing to Rs 10,851 crore, while EBITDA surged by 81 per cent to Rs 1,857 crore. Profit After Tax (PAT) stood at Rs 2,072 crore, which includes a Deferred Tax Asset recognition of Rs 638 crore. These strong financial outcomes, coupled with a substantial firm order book of 5.6 GW and a net cash position of Rs 1,943 crore, underscore Suzlon's successful business transformation and operational focus.

Girish Tanti, Vice Chairman of Suzlon Group, highlighted that FY25's performance lays the groundwork for Suzlon's strategic evolution and market leadership, further noting India's significant achievement of surpassing 50 GW of installed wind power capacity. Suzlon played a leading role in this journey and is poised to continue contributing as India progresses towards its ambitious 100 GW target by 2030. The company also saw an impressive 118 per cent increase in deliveries, reaching 1,550 MW, and its S144 order book has surpassed 5 GW, solidifying its dominant position in the Indian market.

In FY25, Suzlon achieved remarkable growth in its Wind Turbine Generator (WTG) business, with record deliveries of 1.55 GW, an impressive 118 per cent year-on-year increase. The contribution margin for the WTG business expanded to 23 per cent, a rise of 360 basis points, supported by its 4.5 GW manufacturing capacity. To further bolster production, Suzlon added 10 new production lines for its S144 – 3.X MW series and completed nacelle expansion at Daman and Pondicherry. The company remains committed to investing in a robust local manufacturing and supply chain to support India's wind energy ambitions. Suzlon's Operations and Maintenance Services (OMS) business continues to be a crucial growth pillar, currently managing a substantial 15 GW of installed wind energy capacity across India, representing over USD 10 billion in renewable energy assets. Gujarat leads the OMS portfolio with 4.2 GW serviced, followed by Rajasthan (2.3 GW) and Maharashtra (2.2 GW), sustained by strong customer retention and an annuity-based revenue model.

The S144 wind turbine, Suzlon's flagship innovation designed and manufactured in India, remains central to its technological leadership. Optimized for Indian sites and hybrid power plant compatibility, it ensures efficient grid integration and high-quality energy output. With over 5 GW of firm orders and more than 1.25 GW in deliveries during FY25 alone, the S144 now accounts for 91 per cent of Suzlon's order book, reflecting strong market demand. Furthermore, Suzlon is a leader in ESG, with its S144 (3X MW) turbine boasting the lowest product carbon footprint of 6.16 gCO₂/kWh. The company consistently surpasses industry ESG averages and is on track to achieve net-zero Scope 1 and 2 emissions well ahead of its 2035 target, along with reaching 90 per cent Zero Waste to Landfill at the Group level. Suzlon is also actively cultivating a skilled talent ecosystem to bridge the skills gap and foster green career opportunities within the renewable energy sector.

About the Company

The Suzlon Group is a leading global renewable energy solutions provider, with approximately 21.1 GW of wind energy capacity installed across 17 countries. Headquartered at Suzlon One Earth in Pune, India, the Group includes Suzlon Energy Limited (NSE: SUZLON, BSE: 532667) and its subsidiaries. A vertically integrated organisation, Suzlon has in-house R&D centres in Germany, the Netherlands, Denmark, and India, and world-class manufacturing facilities across India. With 30 years of operational excellence and a diverse workforce of ~7,800 employees, Suzlon is India’s No. 1 Renewable Energy Solutions company, managing 15.1 GW of assets and an additional ~6 GW installed outside India. Its portfolio includes the advanced 2.x MW and 3.x MW series of wind turbines.

Suzlon Energy Ltd is a mid-sized company in the power sector, listed on the Bombay Stock Exchange (BSE) & National Stock Exchange (NSE) with a market capitalization surpassing Rs 89,000 crore. The company is also included in the BSE's Power Index, reflecting its focus on the power industry. In March 2025, FIIs bought 2,19,10,347 shares and increased their stake to 23.04 per cent compared to 22.87 per cent in December 2024. The stock gave multibagger returns of 535 per cent in 2 years and a whopping 2,400 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.