Shares of Suzlon Energy saw a notable increase on Monday, May 25, as investors awaited the company's financial results for the quarter and fiscal year ending March 31, 2026. The wind turbine manufacturer is scheduled to release its Q4 and full-year FY2026 results later today, followed by a conference call with analysts and investors at 5:30 PM IST.
The stock advanced more than 2 percent, reaching Rs 54.89, pushing its market capitalization past the Rs 75,000 crore mark. This surge follows a nearly 45 percent jump from its 52-week low of Rs 38.17 recorded on March 9, 2026, despite a 5 percent decline over the last month.
Analyst Expectations for Q4 FY2026
Several institutional equities firms have released their previews for Suzlon's Q4 performance:
- Nuvama Institutional Equities projects Suzlon's revenue at Rs 5,914 crore, marking a 56 percent year-over-year (YoY) and 40 percent quarter-over-quarter (QoQ) increase. EBITDA is estimated at Rs 1,044.2 crore (up 51 percent YoY, 41 percent QoQ), while core PAT is penciled in at Rs 1,107.6 crore (down 6 percent YoY, up 149 percent QoQ). Nuvama expects 875MW of execution in Q4FY26 and margins around 18 percent.
- Anand Rathi Share & Stock Brokers anticipates revenue of Rs 5,696.2 crore, a 50.3 percent YoY and 34.5 percent QoQ rise, driven by strong WTG deliveries of 850MW. However, they foresee EBITDA margins contracting to 16.9 percent, with net profit marginally down YoY but up 5 percent QoQ to Rs 593.2 crore.
- A third unnamed firm expects revenue of Rs 5,904.4 crore (up 56 percent YoY, 39 percent QoQ) with deliveries at 900 MW. EBITDA is projected to increase 47 percent YoY to Rs 1,019.3 crore, with margins around 17 percent. Net profit could reach Rs 1,471.7 crore, up 106 percent YoY and 131.6 percent QoQ.
Target Prices and Ratings
Brokerages have maintained positive outlooks on Suzlon Energy:
- Nuvama has a 'buy' rating with a target price of Rs 60.
- Motilal Oswal and Anand Rathi also issued 'buy' ratings, with target prices of Rs 61 and Rs 82, respectively.
- ICICI Securities and Geojit Investments gave a 'thumbs up' with target prices of Rs 65 and Rs 55.
Investors will closely monitor the company's execution ramp-up, margin performance, and any deferred tax implications in the upcoming results.