Suzlon shares end 9% higher on stellar Q4 results, brokerages hike target prices
Suzlon Energy shares rallied 14 per cent before closing per cent positive on posting 365 per cent y-o-y jump in Q4FY25 net profit.
The company recorded consolidated profit for the quarter ended March 2025 at ₹1,182.22 crore as against ₹254.12 crore in the corresponding quarter last year.
Revenue from operations zoomed 73 per cent y-o-y to ₹3,773.54 crore in the quarter under review as against ₹2,179.20 in the corresponding quarter a year ago.
Optimistic brokerages lifted target prices on the stock on Suzlon’s stellar Q4FY25 and FY25 performance. Motilal Oswal cheered Suzlon’s strong results, with deliveries and EBITDA coming in at 15 per cent and 38 per cent, ahead of expectations.
The brokerage observed that the management maintained its positive outlook and guided at least 60 per cent y-o-y improvement in deliveries, revenue, EBITDA, and adjusted PAT for FY26, broadly in line with the consensus estimates.
The brokerage has reiterated buy rating at an increased target price of ₹83. It has maintained FY26 and FY27 earnings estimates and said, “early implementation of local content-related draft notification can be a strong catalyst for the stock.”
Nuvama Institutional Equities remain long-term positive on the stock, retaining hold call at an increased target price of ₹68 from ₹61 earlier. It added, “We reckon Suzlon Energy shall remain a key beneficiary of the rising mix of firm and dispatchable renewable energy (FDRE) / round-the-clock (RTC) power / Hybrid in government tenders.
“Suzlon also remains a key player in commercial and industrial (C&I) (55 percent of order book) and PSU segment, and benefits from a duopolistic market in engineering, procurement and construction (EPC) and wind turbine generator (ETG) capabilities and maintains an overall market share of 30 per cent,” Nuvama added.
Global brokerage Morgan Stanley assigned overweight call at a target price of ₹77 per share.
Shares ended 9.23 per cent higher at ₹71.46 on the BSE, hitting intraday high of ₹74.30.
Published on May 30, 2025
