If you’ve been keeping an eye on Suzlon Energy, you might’ve noticed the recent buzz around it. The folks at Motilal Oswal Financial Services have doubled down on their positive outlook for the company, and they’ve even bumped up their price target to ā¹75. That’s about a 30% upside from where it’s trading now. Not bad, right?
They’re basically saying Suzlon is doing a much better job these days when it comes to handling projects and that their focus on using more local parts in their wind turbines could really pay off. There’s also talk of a new rule — the RLMM notification — that might soon require wind companies to use more stuff made in India. If that goes through, it could give Suzlon a serious edge over competitors, especially since they already have a strong local manufacturing setup.
Right now, Indian companies only handle about 50–60% of new orders, so there’s still a big opportunity to grow. Motilal seems to think that if this rule gets approved, Suzlon could scoop up a larger piece of the pie.
What’s Happening With Suzlon Stock?
On Wednesday, Suzlon’s stock was up by around 2.7%, ending the day at ā¹59.80. That bumped their market cap to over ā¹81,000 crore. But let’s be honest, the stock’s still down quite a bit — about 33% lower than its 52-week high of ā¹86.04, which it hit back in September 2024.
But here’s where it gets interesting. Suzlon isn’t just sitting around. They’re focusing more on EPC contracts — that’s engineering, procurement, and construction — which means they’re trying to stay more hands-on with how and when their projects get done. That kind of control can really help when it comes to staying on schedule and avoiding costly delays.
They’re also eyeing exports as a new way to grow, which is something a lot of Indian OEMs are starting to explore. So it’s not just about domestic growth anymore — they’re looking beyond.
Motilal is expecting Suzlon to deliver about 2.4GW worth of projects by FY26. That’s a pretty strong outlook, especially considering the land and power infrastructure they already have lined up. They’re also forecasting 46% revenue growth and 58% PAT growth (Profit After Tax) over FY25 to FY27. Those are big numbers, if they can hit them.
What Other Analysts Are Saying
Right now, Suzlon is trading at 24 times its expected earnings for FY27, which Motilal Oswal thinks is still a good deal — especially since the stock took a hit not long ago. Their new price target of ā¹75 is based on 32 times projected earnings for FY27.
It’s not just Motilal that’s feeling hopeful. JM Financial is also quite positive. They’re predicting Suzlon’s Q4 FY25 revenue will go up 56% year-on-year, hitting ā¹3,421 crore. And they expect profits to rise even faster — with EBITDA up 52% and net profit jumping 75% to ā¹444.7 crore.
Both brokerages have kept their ‘Buy’ ratings in place. JM’s target is ā¹71, and Motilal’s is ā¹75. So yeah, the mood among analysts seems pretty upbeat.
Disclaimer:
This content is meant only to share information and isn’t investment advice. Always do your own research, and if you’re thinking of investing, speak to a SEBI-registered financial advisor. Markets go up and down, and what happened in the past doesn’t guarantee anything for the future. Jobaaj News isn’t responsible for any losses based on what’s written here
