Suzlon vs Inox Wind: Why Wind Energy Stock Should You Buy after March Quarter Results?

Suzlon Energy and Inox Wind, Leading Players in Wind Energy Solutions, Have Garnered Significant Interest from Dalal Street Investors in Recent Years, Amid India’s Strong to Expand Renewable Axpand Renewable Energy Capacity by the end of this decade.

Both companies are engaged in the manufacturing of wind turbine generators (wtgs) and providing comprehensive wind energy services.

Following their March Quarter Results, these companies have once again cavet investment in recent sessions.

Analysts have largely retained their optimistic outlook on both companies and have raised target pris after the Q4 Results Met Expectations. They believe the two players are in a strong position amid the growth potential of India’s wind energy market, which is expected to rain to 100 gw by 2030 from the current 50 gw.

Although Inox Wind Shares Reacted Negatively in Today’s Session to the March Quarter Numbers, Analysts Have Retained Their Positive Outlook on the Stock, Citing Strong Execution of Wind Projects in FY26 and Which they believe should result in a significant jump in revelation and network.

Domestic Brokerage Firm Nuvama Institutional Equites Reiterated Its ‘Buy’ Call and Raise The Price Target to 236 from 223, Citing Inox Wind’s Strong Position as one of only two wind EPC Suppliers in India, Benefiting from Demand in RTC, FDRE, And C & I SEGMENTS.

ICICI Securities also reiterated its ‘Buy’ Rating and Slightly Raised Its Price Target to 230 from 228, Valuing the company at 30x fy27 estimated earnings. Systematix Institutional Equites maintained a ‘Buy’ Rating on Inox Wind Stock, with a price target of 231.

For Suzlon Energy Stock, Morgan Stanley Maintened Its ‘Overweight’ Rating with a Target Price of 77 Apiece, while Motilal Oswal has also retained its ‘boy’ rating, with a 83 Apiece target price.

Suzlon Energy: delivers all-round beat in Q4

For the Quarter Ended March, Suzlon Energy Reported a Net Profit of 1,181 Crore, Compared to 254 Crore in the same period last fiscal year, marking a 365% year-on-yar growth. Revenue from Operations Rose 73% Yoy To 3,774 Crore during the Quarter.

For FY25, Net Profit Jumped to 2,072 Crore from 660 Crore in FY24, Driven by a Significant Rise in Revenue to 10,851 Crore. In comparison, the company had reported revionue of 6,497 Crore in FY24.

Suzlon’s Order Book Reached A Record High of 5.6 GW by the End of Fy25, with Its S144 Platform Alone Surpassing 5 GW – Consenting Its position as the Dominant Product In the Dominant Product In the Dominant Prince

For the first time in its history, the company’s management has issued guidance, projecting 60% growth across all key parameters in fy26. This forward-looking statement has been received by the street, reflecting the company’s confidence and preparedness for future growth.

Inox Wind: Net Profit Jumps Over Fivefold to 190 Crore

Inox wind posted a consolidated net profit of 190.34 Crore in the March Quarter, a more than fivefold increase from 38.74 Crore in Q4 FY24, Driven by a Strong Surge in Revenues.

The company’s revionue from operations more than doubled to 1,310.65 Crore in Q4 FY25, up from 569 Crore in the same Quarter Last Year. It reported an order book of 3.2 gw as of March 2025, up from 2.6 gw in March 2024.

In Q4 FY25, Execution Stood at 236 MW, Compared to 129 MW in Q4 FY24 and 140 MW in Q3 FY25. For fy25, the management had guided for 800 mw in annual execution, and the company achieved 705 mw. Looking ahead, management has guided for 1,200 mw and 2,000 mw execution in fy26 and fy27, respectively. JM Financial Expects Execution to Accelerate to 1,150 mw in Fy26 and 1,750 mw in FY27.

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