Suzlon Energy share price
NSE: SUZLONBSE: 532667Electrical EquipmentMid Cap
Last close ₹37.40down ₹1.17 (3.03%)BSE ₹37.40
Share price at the NSE close on 23 Oct 2026. Previous close ₹38.57.
52-week range of traded prices to 23 Oct 2026
₹36.31Low, 8 Oct 2026₹61.50High, 6 Nov 2025
- Next results date: the board meets on 29 Oct 2026 to consider: financial results.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹51,411 Cr158th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 28 Jul 2026
- 16.4
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 25 May 2026
- 5.4
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 28 Jul 2026
- 40.4%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 28 Jul 2026
- 27.4%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 25 May 2026
- 0.03
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 7,52,90,67549.8% delivered
Results
Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results
Quarter to Jun 2026, against the quarter beforeFiled 28 Jul
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹3,829 Crdown 30.29%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹305 Crdown 72.61%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax.
- 8.0%
Revenue by year
Peak revenue ₹16,732 Cr, year to Mar 2026
Net profit by year, a loss in red
- Net profit
- Loss
A loss in 4 of the 10 years shown
| ₹ crore | Sep 2024Filed 29 Oct | Dec 2024Filed 28 Jan | Mar 2025Filed 16 Jun | Jun 2025Filed 12 Aug | Sep 2025Filed 4 Nov | Dec 2025Filed 5 Feb | Mar 2026Filed 25 May | Jun 2026Filed 28 Jul |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,103 | 2,975 | 3,790 | 3,132 | 3,871 | 4,236 | 5,493 | 3,829 |
| Net profit | 201 | 388 | 1,181 | 324 | 1,279 | 445 | 1,114 | 305 |
| Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. | 9.5% | 13.0% | 31.2% | 10.4% | 33.1% | 10.5% | 20.3% | 8.0% |
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- Wind Turbine GeneratorWind Turbine Generator, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹14,040 Crup 65.54%82.0%
- Operation & Maintenance ServiceOperation & Maintenance Service, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹2,484 Crup 11.81%14.5%
- Foundry & ForgingFoundry & Forging, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹596 Crup 21.90%3.5%
- OthersOthers, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹8 Cr0.0%
The pill is the change in revenue on the year before; the share is of all the businesses together.
Valuation
Today, against the company's own history. Dividend yield is not shown: no dividend in the years on record.PE ratio and valuation history
Price to earningsPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
At or below today's level on 0.3% of 738 trading days over the last 3 years.
LowestHighest
Its median63.8Industry median35.3
Price to bookPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet.
At or below today's level on 0.3% of 718 trading days over the last 3 years.
LowestHighest
Its median15.1Industry median5.4
EV to EBITDAEnterprise value to EBITDA. Market cap plus borrowings less cash and bank balances, divided by operating profit before depreciation (revenue less operating expenses, without other income and one-off items) over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly): what the whole business costs against the profit its operations make. Lease liabilities are not counted: the results filings do not state them.16.7
At or below today's level on 0.4% of 914 trading days over the last 5 years.
LowestHighest
Its median36.6Industry median25.8
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −30.2% | +52.0% | −54.1% | 0.0% |
| 3 years | +71.1% | +0.3% | +70.6% | 0.0% |
| 5 years | +51.2% | +79.9% | −15.9% | 0.0% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 3 and 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count. Earnings growth over 3 and 5 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the years to Mar 2021 and Mar 2023.
Mutual funds holding it
158 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 114 of the 127 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.Mutual fund holdings
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 1
- Bought againBought again. Funds that held it at the month's end, had not held it the month before, and held it in an earlier month.
- 1
- AddedAdded. Funds that held more shares than at the end of the month before.
- 80
- CutCut. Funds that held fewer shares than at the end of the month before.
- 47
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 28
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end.
- 10
| Fund | |||
|---|---|---|---|
 Motilal Oswal Midcap FundMotilal Oswal Mutual Fund | 19,49,39,381 | 1.91% | ₹769.8 Cr |
| Motilal Oswal Large and Midcap FundMotilal Oswal Mutual Fund | 13,37,72,546 | 2.66% | ₹528.3 Cr |
| Motilal Oswal Flexi cap FundMotilal Oswal Mutual Fund | 6,09,13,624 | 1.79% | ₹240.5 Cr |
 Sundaram Mid Cap FundSundaram Mutual Fund | 5,77,25,000 | 1.65% | ₹228.0 Cr |
 UTI Mid Cap FundUTI Mutual Fund | 5,10,00,000 | 1.69% | ₹201.4 Cr |
 Kotak Arbitrage FundKotak Mahindra Mutual Fund | 4,23,67,200 | 0.22% | ₹167.3 Cr |
 Franklin India Mid Cap FundFranklin Templeton Mutual Fund | 3,25,00,000 | 1.06% | ₹128.3 Cr |
| Motilal Oswal ELSS Tax Saver FundMotilal Oswal Mutual Fund | 2,54,00,000 | 2.05% | ₹100.3 Cr |
 HDFC Large & Mid Cap FundHDFC Mutual Fund | 2,13,15,210 | 0.29% | ₹84.2 Cr |
| UTI Arbitrage FundUTI Mutual Fund | 2,06,50,200 | 0.75% | ₹81.5 Cr |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Peers and competitors
Heavy Electrical Equipment, 48 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Suzlon Energy in market cap.
Where the company sits among the companies nearest its size
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 Hitachi Energy IndiaPOWERINDIA | 1,17,225 | 101.9 | 22.6 | 79.0 | +40.2% | +127.7% | 24.5% | 25.4% | 0.03% |
 SiemensSIEMENS | 1,15,568 | 35.3 | 8.4 | 57.5 | −1.7% | +33.7% | 25.0% | 11.7% | 0.55% |
 GE Vernova T&D IndiaGVT&D | 94,737 | 72.6 | 35.2 | 53.1 | +43.9% | +70.6% | 58.5% | 63.5% | 0.27% |
 Siemens Energy IndiaENRIN | 94,489 | 63.5 | 19.6 | 45.1 | – | – | 34.3% | 39.2% | 0.15% |
 ThermaxTHERMAX | 36,891 | 62.2 | 6.6 | 43.7 | +4.7% | −11.6% | 11.3% | 8.3% | 0.65% |
 Schneider Electric InfrastructureSCHNEIDER | 26,639 | 145.0 | 34.4 | 79.7 | +9.6% | −29.5% | 27.5% | 24.7% | 0.00% |
 TD Power SystemsTDPOWERSYS | 20,558 | 74.8 | 19.2 | 53.3 | +54.3% | +45.3% | 28.5% | 32.8% | 0.16% |
 Azad EngineeringAZAD | 16,008 | 115.2 | 10.5 | 67.7 | +28.7% | +39.5% | 9.5% | 9.0% | 0.00% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Dividends
Per share, by the year it was paid for, and the latest payments.Dividend history and dates
| Ex-date | Type | Per share |
|---|---|---|
| 17 Jul 2008 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹1.00 |
| 16 Mar 2007 | Interim | ₹5.00 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.Share news and announcements
Oct 2026
21 Oct · Disclosure
Sep 2026
18 Sep · Disclosure
15 Sep · Analysts
Suzlon Energy share price by year
Each calendar year to 2025.Suzlon Energy share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 52.67 | −15.3% | 71.48 | 49.71 |
| 2024 | 62.22 | +62.9% | 84.70 | 36.30 |
| 2023 | 38.20 | +260.4% | 42.30 | 7.05 |
| 2022 | 10.60 | +3.9% | 12.80 | 6.10 |
| 2021 | 10.20 | +59.4% | 10.20 | 4.45 |
| 2020 | 6.40 | +245.9% | 6.40 | 1.75 |
| 2019 | 1.85 | −65.7% | 7.90 | 1.85 |
| 2018 | 5.40 | −65.3% | 16.45 | 5.10 |
| 2017 | 15.55 | +12.7% | 21.25 | 13.30 |
| 2016 | 13.80 | −33.8% | 22.90 | 12.85 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.
Recent sessions
The last 10 trading days to 23 Oct 2026, as traded on NSE.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 23 Oct 2026 | 38.57 | 38.62 | 36.88 | 37.40 | 37.28 | 7,52,90,675 | 49.8% |
| 22 Oct 2026 | 39.05 | 39.23 | 38.26 | 38.57 | 38.70 | 5,13,26,209 | 43.8% |
| 21 Oct 2026 | 40.23 | 40.34 | 38.77 | 39.40 | 39.37 | 6,26,32,850 | 39.4% |
| 19 Oct 2026 | 41.58 | 41.58 | 40.25 | 40.38 | 40.87 | 6,52,37,716 | 44.5% |
| 16 Oct 2026 | 40.95 | 42.00 | 40.60 | 42.00 | 41.25 | 6,22,00,077 | 49.2% |
| 15 Oct 2026 | 40.75 | 41.38 | 40.42 | 40.95 | 40.97 | 8,98,44,209 | 43.5% |
| 14 Oct 2026 | 40.19 | 40.80 | 39.80 | 40.80 | 40.38 | 6,74,54,290 | 33.1% |
| 13 Oct 2026 | 39.95 | 40.33 | 39.13 | 40.19 | 39.79 | 8,37,59,022 | 27.9% |
| 12 Oct 2026 | 38.22 | 39.98 | 38.15 | 39.57 | 39.24 | 14,18,45,798 | 27.5% |
| 9 Oct 2026 | 36.63 | 37.74 | 36.31 | 37.60 | 37.14 | 5,75,34,896 | 27.6% |
Prices in ₹ per share as traded, not adjusted.
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Stock split history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 3 Oct 2022 | Rights issue | – | Shareholders were offered new shares. Noted, not adjusted for. |
| 5 Mar 2019 | Price move | – | Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for. |
| 22 Feb 2019 | Price move | – | Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for. |
| 5 Feb 2019 | Price move | – | Between two trading sessions the price moved by a fifth or more. The company made an announcement in time for trading that day or the trading day before. Not adjusted for. |
| 28 Feb 2013 | Price move | – | Between two trading sessions the price moved by a fifth or more. The company made an announcement in time for trading that day or the trading day before. Not adjusted for. |
| 9 Jun 2010 | Rights issue | – | Shareholders were offered new shares. Noted, not adjusted for. |
| 7 Jan 2009 | Price move | – | Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for. |
| 24 Oct 2008 | Price move | – | Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for. |
| 21 Jan 2008 | Split | 0.2000 | Each share became 5. |
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout. Any other event is noted and not adjusted for.
About Suzlon Energy
Suzlon Energy Limited makes wind turbines and provides services for wind, solar and storage projects. It describes itself as a wind-first, full-stack renewable energy solutions conglomerate. Its customers include public sector undertakings, independent power producers and commercial and industrial businesses.
The group is organised into four businesses. RE Tech covers wind, storage and solar technology. RE DevCo prepares projects, from land acquisition to grid approvals. RE Projects designs and builds integrated renewable energy projects. RE AMS manages the performance of renewable energy assets through operations and maintenance. The turbine range includes 2.x MW, 3.x MW, 5.x MW and 6.x MW systems.
Suzlon is headquartered at Suzlon One Earth in Pune, and its wind energy capacity is installed across 17 countries. Its plants in India make nacelles and hubs, rotor blades, tubular towers, control systems and transformers. They are in Gujarat, Maharashtra, Andhra Pradesh, Madhya Pradesh, Rajasthan, Tamil Nadu, Puducherry and Daman, and a casting unit operates at Coimbatore. Design and engineering work is also done in Germany, at Hamburg and Rostock, in the Netherlands, at Hengelo, and in Denmark, at Aarhus.
The company was incorporated in 1995. Vinod R. Tanti, its Chairman and Managing Director, and Girish R. Tanti, its Executive Vice Chairman, are founding members of the company. It has moved from a pure-play wind company to a full-stack renewable energy solutions provider.
- Legal name
- Suzlon Energy Limited
- NSE symbol
- SUZLON
- BSE code
- 532667
- ISIN
- INE040H01021
- Industry
- Electrical Equipment
- Listed
- Oct 2005
- Face value
- ₹2
- CIN
- L40100GJ1995PLC025447
- Corporate identity number, the registrar of companies' code for it
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