Suzlon Q3FY26 Results: Delivers Strong Growth Across Parameters, Profit Surges 45%, Revenues rise 42% YoY
Kiran DSIJCategories: Mindshare, Trending
The stock gave multibagger returns of 430 per cent in 3 years and a whopping 700 per cent in 5 years.
Suzlon Group delivered a robust financial performance in Q3 FY26, characterised by a 45 per cent surge in Profit Before Tax and a 42 per cent year-on-year revenue increase to Rs 4,228 crore. This quarterly success is mirrored in the company's nine-month performance for FY26, which saw EBITDA grow by 77 per cent to Rs 2,058 crore and total revenue reach Rs 11,211 crore. These results were underpinned by the highest-ever quarterly deliveries in the company's 30-year history, totalling 617 MW, and a record-breaking Order Book of 6.4 GW. The company also maintains a healthy liquidity position with a net cash balance of Rs 1,556 crore as of December 31, 2025.
The group has transitioned into "Suzlon 2.0," a strategic transformation aimed at becoming a full-stack clean energy solutions conglomerate. This shift expands their expertise beyond wind into Solar, storage, and emerging green technologies. A significant part of this strategy includes the DevCo vertical for project development and a digital-first approach to Operations and Maintenance Services (OMS). Furthermore, Suzlon is steadily increasing its Engineering, Procurement, and Construction (EPC) market share, which rose from 20 per cent to 27 per cent this quarter, supported by a massive 25+ GW project development pipeline.
External factors and policy updates are further bolstering Suzlon's growth trajectory. The National Electricity Plan (NEP) and the Union Budget 2026 have introduced favourable measures, such as lowering duties on critical subcomponents like gearboxes and bearings, and bringing wind energy under the national manufacturing mandate. With India’s power demand expected to triple by 2047 and wind energy projected to grow at a 10 per cent CAGR, Suzlon's recent recognition as one of the world's top 10 most sustainable companies positions it to capitalise on the accelerating global green transition and domestic industrial decarbonization.
About the Company
The Suzlon Group is a leading global renewable energy solutions provider, with 21.5 GW of wind energy capacity installed across 17 countries. Headquartered at Suzlon One Earth in Pune, India, the Group includes Suzlon Energy Limited (NSE: SUZLON, BSE: 532667) and its subsidiaries. A vertically integrated organisation, Suzlon has in-house R&D centres in Germany, the Netherlands, Denmark, and India, and world-class manufacturing facilities across India. With 30 years of operational excellence and a diverse workforce of 8,500+ employees, Suzlon is India’s No. 1 Renewable Energy Solutions company, having an installed base of 15.5 GW of assets and an additional ~6 GW installed outside India. Its portfolio includes the advanced 2.x MW and 3.x MW series of wind turbines.
Suzlon Energy Ltd is a mid-sized company in the power sector, listed on the Bombay Stock Exchange (BSE) & National Stock Exchange (NSE) with a market capitalisation surpassing Rs 65,000 crore. The company is also included in the BSE's Power Index, reflecting its focus on the power industry. The stock gave multibagger returns of 430 per cent in 3 years and a whopping 700 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.