Suzlon Energy Limited History, Latest Updates, Milestones, Subsidiaries & Share Price
Company Overview
Suzlon Energy Limited, established in 1995 by Tulsi Tanti, is among India's leading renewable energy firms. It is based in Pune and deals mainly in wind energy solutions and has a strong foothold in both India and the world.
The company has commissioned over 20,940 MW of wind power capacity in 17 countries, demonstrating its international presence. Suzlon offers complete wind energy solutions, from design to manufacturing to installation, commissioning, and maintenance of wind turbine systems.
Suzlon is vertically integrated, meaning it produces significant parts like blades, nacelles, and towers internally, providing greater efficiency and quality management. Suzlon has a staff of more than 5,800 people and is aggressively working towards the development of clean energy and sustainable infrastructure in India and across the globe.
The company continues to be focused on innovation, cost reduction, and increasing its footprint in clean energy in accordance with the renewable energy objectives of India.
Suzlon Energy Ltd Moves In 2024 & 2025
March 2025
Secured its third significant order of 204.75 MW from Jindal Green Wind 1 Pvt. Ltd., which made it the company's largest C&I (Commercial and Industrial) project ever—cumulative orders from this group now stand at 907.20 MW.
February 2025
Received a follow-up order of 201.6 MW from Oyster Renewable, increasing their total partnership capacity to 283.5 MW in Madhya Pradesh.
January 2025
Posted a 91% YoY increase in net profit at Rs.388 crore in Q3 FY25, with revenues increasing by 94%.
Signed a significant tie-up with Torrent Power for a 486 MW wind energy project, taking the overall order book to 1 GW.
Conducted successful blade testing with Dutch-based We4Ce at its Gujarat plant.
Partnership with Andhra Pradesh's Skill Development Corporation to launch India's biggest renewable skill development drive.
December 2024
CRISIL credit rating to 'A' with a Positive outlook has been upgraded.
Increased partnership with Jindal Renewables by bagging another 302.4 MW wind order.
October 2024
Posted a YoY growth in profit at 96%, putting up Rs.201 crore in Q2 FY25.
Committed a 400 MW wind power deal with Jindal Renewables towards sustainable steel making.
September 2024
Added the nation's largest ever wind project order at 1,166 MW from NTPC Green Energy.
August 2024
Acquired 51% stake in Renom Energy Services, broadening its presence in multi-brand renewable maintenance services.
July 2024
Q1 FY25 profit surged 200% YoY to Rs. 302 crores, with the highest Q1 deliveries in seven years.
May 2024
Several orders came in:
81.9 MW from Oyster Green Hybrid
Q4 and full FY24 results reflected robust revenue and order book expansion.
March 2024
Credit rating upgraded to 'A-' with a positive outlook.
Won a 72.45 MW wind energy project from Juniper Green in Gujarat.
February 2024
Acquired a 30 MW order from EDF Renewables for a Gujarat-based project.
January 2024
Achieved a 2.6x YoY growth in profit, reporting a Rs. 203 crore PAT in Q3 FY24.
Secured a 642 MW wind project deal with Evren for Andhra Pradesh.
Suzlon Energy Share Price Performance
2024
January: Suzlon Energy share price began the year on a robust note, closing the month at about Rs.45.95.
February: Suzlon Energy share price see-sawed slightly, closing at about Rs.45.25.
March: Suzlon Energy share price dipped further, sliding to Rs.40.40.
April: Softened recovery was seen with the Suzlon Energy share price reaching Rs.41.60.
May: Suzlon Energy share price continued to move upwards, closing about Rs.47.65.
June: Buoyant market mood pushed the Suzlon Energy share price to Rs.52.86.
July: A strong rally drove Suzlon Energy's share price up to Rs. 69.38.
August: Bullish trend continued, taking the Suzlon Energy share price to Rs.75.84.
September: Suzlon Energy share price attained a year-high level of around Rs.80.05.
October: Suzlon Energy share price experienced selling pressure, closing lower at Rs.66.95.
November: Suzlon Energy share price went down slightly further to Rs.62.98.
December: Suzlon Energy share price ended the year with minor correction at Rs.62.22.
2025
January: Suzlon Energy share price opened the year at Rs.58.17, lower by a tiny amount from last month.
February: Suzlon Energy share price further decreased and bottomed around Rs.49.71.
March: Suzlon Energy share price witnessed a bounce back, lasting at least till this time for short term, touching Rs.55.00.
Evolution Of Suzlon Energy Ltd: From Past to Present
1995–2000: Early Years
The year 1995 marked the establishment of Suzlon Energy by Tulsi Tanti, who shifted from the textile industry to wind power to address the power problems of his original venture. During this period, the company established its first wind farms in Gujarat, which provided the basis for the future development of renewable energy.
2001–2005: Growth in India and Overseas
Suzlon set up its initial production plant in 2001 and started providing turbines all over India. It also conducted a successful IPO in 2005, raising capital which financed international expansion to areas like the U.S. and Europe.
2006–2010: Global Acquisitions and Expansion
During this time, Suzlon purchased Belgium's Hansen Transmissions and Germany's Repower (which was later renamed Senvion), improving its technology and manufacturing capacity. The company became one of the world's top five wind energy players. Nevertheless, acquisition-related heavy debt started taking a toll on finances.
2011–2015: Financial Trouble and Restructuring
Debt overhangs and operational issues prompted Suzlon to pursue corporate debt restructuring in the year 2013. In an attempt to relieve pressure, it divested its interest in Senvion and focused again on the domestic market. It was a turning point for the company with this phase.
2016–2020: Stabilization and Domestic Focus
Suzlon started its recovery by concentrating on India's wind power market. It also managed to successfully bid in government auctions and enhance its operating performance. It still experienced occasional financial pressure, though, such as missing a bond repayment in 2019.
2021–2023: Turnaround Begins
The firm resumed project implementation and won fresh orders, especially from repeat customers. Operations picked up pace, and the business scenario became favourable. Retail investors began taking notice, and Suzlon gradually started to regain investor trust.
2024–2025: Strong Rebound
Suzlon's share picked up, bringing huge returns to investors. Retail shareholding accelerated as there was increased confidence in the company's turnaround. With policy support from the government and increasing demand for renewable energy, Suzlon is now gearing up to corner a bigger chunk in India's green energy future.
Suzlon Energy Ltd Company Information
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Company Information |
|
|
Trade Name |
Suzlon Energy Ltd |
|
Founded year |
1995 |
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Headquarters |
Pune, Maharashtra, India |
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Industry |
Renewable Energy |
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Chairman |
Mr. Vinod R. Tanti |
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Revenue |
Rs. 2.97K crores |
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Net Income |
Rs. 386.92 crores |
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NSE code |
SUZLON |
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BSE code |
532667 |
Inside Suzlon Energy Ltd
Financial Performance
Q3 FY25 Results: Suzlon registered a strong 91% net profit growth in Q3 FY25 at Rs.386.92 crore. The company also registered a 91% revenue growth of Rs.2,969 crore. Its EBITDA grew significantly, doubling to Rs.500 crore. Further, Suzlon's order book touched a record high of 5.5 GW backed by manufacturing capacity of 4.5 GW.
Q2 FY25 Performance: In Q2, Suzlon reported 96% year-on-year growth in profit at Rs.200.60 crore. The top line grew 48% to Rs.2,093 crore, reflecting good growth momentum for the company.
Strategic Developments
Subsidiary Restructuring: On February 14, 2025, Suzlon consolidated its Netherlands-based subsidiaries, SE Blades Technology B.V. and SEBV, into AE Rotor Holdings B.V., a wholly-owned arm of the company.
Merger of Domestic Subsidiary: Suzlon announced the merger of its wholly-owned unit, Suzlon Global Services Ltd., with the parent company, Suzlon Energy Ltd., as part of its operational consolidation strategy.
Order Book and Projects
New Orders: Suzlon has received a major 204.75 MW wind energy project from Jindal Green Wind 1 Pvt. Ltd. The order includes the delivery of 65 wind turbine generators, each having a capacity of 3.15 MW. This order proves Suzlon's strong market position in the wind energy sector.
Order Cancellations: The company encountered a stumbling block with some order cancellations and cuts, which could have a financial effect of Rs.1,800 crore. Still, the company is working to reduce these challenges and achieve stable growth in the future.
Market Performance
Stock Performance: Suzlon's stock has been volatile but has returned very impressive returns. In the last one year, its shares increased by 204%, surpassing a number of other indices in the industry.
Suzlon share price NSE
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Company Name |
Sector |
Share Price Link |
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Suzlon energy ltd |
Renewable Energy |
Conclusion
Suzlon Energy Ltd. was founded by Tulsi Tanti in 1995 as a textile enterprise that has become a global green energy behemoth. With 20.9 GW of wind energy capacity in 17 markets, Suzlon has revolutionized the renewable energy sector. By adhering to sustainable development practices, technological prowess, and the global expansion mindset, Suzlon has cemented its position in the green movement that is restructuring the world as a cleaner and greener tomorrow.
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Frequently Asked Questions
What factors influence Suzlon Energy's share price?
Suzlon Energy's share price is influenced by market demand, financial performance, and industry trends.
Is Suzlon Energy a wise investment choice?
Suzlon Energy's stock potential depends on its future growth prospects in the renewable energy sector.
How can I track Suzlon Energy's share price?
Current share rate of Suzlon Energy can be tracked on Enrich Money.
What is the current Suzlon Energy share price trend?
Suzlon Energy's share price trend fluctuates based on market conditions and company performance updates.
What will be the future of Suzlon energy share price in 2025?
Future of Suzlon share price has seen both gains and corrections in 2025, driven by market dynamics.
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