Menu

Suzlon

Suzlon Energy Ltd: PAT rose 538% YoY to ₹1,279 crore, revenue jumped 85%

Suzlon Energy Ltd: PAT rose 538% YoY to ₹1,279 crore, revenue jumped 85%

Suzlon Energy Ltd: PAT rose 538% YoY to ₹1,279 crore, revenue jumped 85%

Suzlon had a very strong Q2 FY26. Revenue grew sharply and operating profit (EBITDA) rose a lot, which together with a deferred tax benefit resulted in a very large jump in PAT to ₹1,279 crore. The company also reported higher deliveries, a much bigger orderbook and a healthy net cash position. All figures below are from Suzlon’s Q2 FY26 press release on the company’s website.

*Headline numbers (Q2 FY26 vs Q2 FY25)*
* Revenue from operations: ₹3,866 crore (up 85% YoY)
* EBITDA: ₹721 crore (up 145% YoY)
* EBITDA margin: 18.6% (vs 14.1% in Q2 FY25)
* Net finance cost: ₹83 crore (vs ₹38 crore in Q2 FY25)
* Profit before tax (PBT): ₹562 crore (up 179% YoY)
* Profit after tax (PAT): ₹1,279 crore (up 538% YoY). The PAT includes recognition of incremental Deferred Tax Assets (DTA) of ₹717 crore recognised in Q2
* Net volumes (deliveries): 565 MW in Q2 FY26 (vs 256 MW in Q2 FY25 and 444 MW in Q1 FY26)
* Orderbook: Crossed 6.2 GW (2+ GW additions in H1 FY26)
* Net cash position: ₹1,480 crore as of 30th September 2025
* Manufacturing capacity: India’s largest domestic wind manufacturing capacity at 4.5 GW.

*Financial takeaways*
* Topline jump: Revenue increasing 85% YoY to ₹3,866 crore shows much higher deliveries and stronger WTG (wind turbine generator) sales. This is the main driver of the quarter.
* Operating leverage: EBITDA rose 145% to ₹721 crore and margin improved to 18.6% (from 14.1%). That means Suzlon earned more from each rupee of sales.
* Tax benefit amplified PAT: The PAT surge to ₹1,279 crore is materially helped by a ₹717 crore deferred tax asset recognition in the quarter — this is a one-time accounting benefit that boosted reported PAT. Underlying PBT was ₹562 crore (up 179%), which is strong but smaller than the PAT jump implies.
* Delivery momentum and demand: Highest-ever Q2 India deliveries (565 MW) and an orderbook crossing 6.2 GW indicate robust near-term revenue visibility.
* Balance sheet: Net cash of ₹1,480 crore is a positive — it suggests Suzlon is in a net liquidity position going into the rest of FY26.

*Deeper financial insight (Q2 FY26 vs Q2 FY25 vs Q1 FY26)*
* Net volumes: 565 / 256 / 444 MW
* Revenue: ₹3,866 / ₹2,093 / ₹3,117 crore
* EBITDA: ₹721 / ₹294 / ₹599 crore
* EBITDA margin: 18.6% / 14.1% / 19.2%
* Net finance cost: ₹83 / ₹38 / ₹70 crore
* PBT: ₹562 / ₹202 / ₹459 crore
* PAT: ₹1,279 / ₹201 / ₹324 crore

*Management commentary*
Management highlighted record Q2 deliveries in India and a 6.2 GW orderbook, and said the strategy of separating project development and execution would help scale.

*Conclusion*
The company delivered a strong operational performance this quarter, more turbines delivered, higher revenue and much better EBITDA. That’s clear from the volume and margin numbers. The huge PAT number is partly because of accounting recognition of deferred tax assets (₹717 crore). So, when you look at underlying earnings, PBT growth (179%) and EBITDA improvement are the cleaner signals of business momentum. The orderbook (6.2 GW) and net cash (₹1,480 crore) are reassuring for future quarters — plenty of work in the pipeline and liquidity to execute.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The image added is for representation purposes only

Bajaj Finserv Q2 FY26: 11% Income Growth, 24% Stake Dividend Boost

Suzlon Soars 2% After Sealing Its Biggest Deal of FY26

Suzlon Soars 2% After Sealing Its Biggest Deal of FY26

Suzlon Soars 2% After Sealing Its Biggest Deal of FY26

India’s renewable energy sector has been buzzing with positive developments, and the latest news comes from one of the country’s leading wind energy players, Suzlon Energy. Suzlon share price rises 2% as it bags largest order of FY26, a milestone that not only reflects the company’s growing dominance in the wind power segment but also strengthens investor confidence in its future growth trajectory. With clean energy targets set aggressively by the Indian government, Suzlon’s new deal signals an acceleration toward sustainable energy generation while also serving as a boost for the company’s financial stability.

The Deal That Sparked Positive Momentum
The order that Suzlon has secured is reported to be the largest in FY26, both in terms of capacity and value. Market analysts suggest this deal involves the installation of multiple wind turbine generators across key renewable energy zones in India. Although the finer financial details of the project remain undisclosed, industry insiders confirm that the scale of the order will significantly contribute to Suzlon’s revenue pipeline for the fiscal year.
For investors, this means steady cash inflows, stronger quarterly results, and a reduction in debt burdens that have historically weighed on the company. The market responded almost immediately—Suzlon’s share price jumped by nearly 2% during intraday trade, reflecting investor optimism.

Why Suzlon’s growth matters for India
Suzlon Energy has long been regarded as a pioneer in India’s renewable energy space, with its focus on wind turbine design, manufacturing, and project execution. The company has been through financial ups and downs in the last decade, but its turnaround efforts are starting to pay off. This largest order of FY26 reaffirms its position as a trusted partner for India’s clean energy transition.
India’s renewable energy mission is ambitious, aiming for 500 GW of installed capacity by 2030. Wind energy is expected to play a critical role in achieving these targets. With Suzlon’s expertise, cost-competitive turbines, and established manufacturing base, the company is poised to benefit significantly from this transition. Moreover, the order aligns with India’s push to decarbonise its economy, reduce reliance on fossil fuels, and improve energy security. Every megawatt generated through wind energy contributes toward lowering carbon emissions, making Suzlon’s deal not just a corporate win but a national milestone.

Investor sentiment and stock performance
The rise in Suzlon’s share price, though modest at 2%, is symbolic of investor trust. For a stock that has delivered strong returns over the past few years, every incremental gain builds momentum. Analysts believe that the largest order of FY26 will improve Suzlon’s order book visibility, revenue projections, and overall valuation. Institutional investors, who have been watching the company’s debt restructuring and capacity expansion, are now more likely to increase their exposure. The company’s emphasis on technological innovation and cost efficiency further assures long-term growth potential. For retail investors, Suzlon’s rise demonstrates how renewable energy stocks can benefit from structural tailwinds in the sector. As global funds continue to pour into green energy, companies like Suzlon stand to attract both domestic and international capital.

Future Outlook
The company plans to expand manufacturing capabilities, launch next-generation turbine technology, and penetrate newer markets. By strengthening its R&D capabilities, Suzlon aims to enhance turbine efficiency, reduce levelized costs of energy (LCOE) and provide end-to-end solutions for clients. Delivering the project on time, ensuring high turbine reliability, and managing financial discipline will be crucial for sustaining momentum. If executed successfully, Suzlon can regain its place among the world’s leading renewable energy companies.

The bigger picture: Renewables as a growth engine
Suzlon’s latest success story cannot be viewed in isolation. India’s renewable energy landscape is rapidly evolving, with significant support from policy initiatives, green bonds, and international financing. Companies in this sector are not only creating shareholder value but also contributing to sustainable development, job creation, and technological innovation. Suzlon’s consistent focus on sustainability, community engagement, and innovation places it firmly within this new growth paradigm.

Conclusion
The news that Suzlon share price rises 2% as it bags largest order of FY26 is more than just a stock market update—it is a reflection of India’s clean energy momentum, investor confidence, and Suzlon’s ability to seize opportunities. While challenges such as execution risks and global supply chain disruptions remain, Suzlon’s proactive approach and growing market leadership make it a stock to watch. As India races toward its renewable energy goals, Suzlon is positioned not only as a corporate beneficiary but also as a key enabler of the nation’s green future.

 

 

 

 

 

 

 

 

 

 

 

 

The image added is for representation purposes only

Market Share Tussle in Paints Enters Next Level