Suzlon Energy Stock Downgraded to ‘Accumulate’ by Geojit; but target price raised to ₹ 77 from ₹ 71

Domestic Brokerage House Geojit Financial Services Has Revised Its Outlook on Suzlon Energy, Downgrading The Stock from a ‘Buy’ Buy ‘Accumulate’ Rating. Despite the revised stance, the brokerage firm has increased its target price to 77 from the earlier 71, indicating a potential upside of 17 percent from previous close of 65.67. The adjustment reflects Suzlon’s Promising Growth Prospects, Driven by a Robust Order Book and Strong Performance in its Wind Turbine Business.

Geojit Highlighted Suzlon’s expanding order book of over 5.5 gw, which it believes will support a 41 Percent Compound Rate (Cagr) in Wind Turbine Generator From fy25 to fy27. The brokerage expects suzlon’s earnings to grow at a 38 percent cagr over this period, while returning on right to projection to improve to 26 percent.

However, Geojit Cautioned About Execution Risks that could Arise in Managing Large-Scale Projects. Despite this, the company’s recent financial performance lends credibility to its growth training.

Suzlon delivered 573 mw of wtg capacity in Q4Fy25, Marking a 110 Percent Year-On-Year Increase. Its Consolidated Revenues Jumped 73 Percent during the Quarter, with the WTG Segment Alone Growing 105 Percent Year-On-Year.

Who Gross Margins Dipped 133 Basis Points to 35 Percent Due to a Higher Contribution from the Lower-Margin Wtg Business, Suzlon’s Ebitda Margin Improved by 202 Basis POINTS POINTS POINTS POINTS. This improvement was driven by economies of scale and better capacity utilization. Ebit margins in the WTG and Foundry segments rose by 903 and 34 Basis points, respectively.

Financial Strength and Industry Position

Suzlon Energy Posted a Sharp Improvement in its Consolidated Financial Performance for the Quarter Ended March 2025, with Net Profit Surging to 1,182.22 Crore, up significantly from 254.12 Crore reported in the same period last year.

The company also delivered strong top-line growth, as revenue from operations jumped 73 percent year-or-yar to 3,773.54 Crore, Compared to 2,179.20 Crore in the March 2024 Quarter.

As of the end of fy25, the company had a net cash position of 1,943 Crore and a consolidated net worth of 6,106 Crore, indicating a strong balance sheet.

Meanwhile, another brokege house nuvama institutional equities It raised the target price from 61 to 68, Citing the company’s strategic positioning in India’s clean energy transition.

“Suzlon remains a key beneficiary of the increase share of firm and dispatchable renewable energy (FDRE), Round-the-the-Clock (RTC) Power, and Hybrid Tenders In the Indian Eneer LandScy LandScay,” Noted. The firm also emphasized suzlon’s duopolistic presence in the EPC and wind turbine generator market, holding a 30 percent market share. Additional, The Company Serves Both the Commercial & Industrial (C & i) And PSU Segments, with C & I Accounting for 55 Percent of the Order Book.

Stock price trend

Suzlon Energy’s Stock has experienced significant Volativity over the past year. It touched a 52-wheek high of 86.04 in September 2024 and a low of 46 in April 2025. Over the past 12 months, the stock has gained over 30 percent.

However, the trend in 2025 has been mixed. After A 27 Percent Surge in May, The Stock Has Declined Nearly 10 Percent in June So far. Earlier in the year, It Fell marginally in April and February but Gained 14 Percent in March. January also Saw a 6.5 Percent Decline.

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