Shares of Suzlon Energy experienced a nearly 3% decline on Tuesday, dropping to Rs 51.64, as the company prepared to announce its financial results for the first quarter of fiscal year 2027 (Q1 FY27) today, July 28, 2026. The wind turbine manufacturer confirmed in an exchange filing that its earnings for the three months ended June 30, 2026, would be released today.
Following the earnings announcement, Suzlon Energy is scheduled to host a conference call for analysts and investors. The call will begin at 5 PM IST on Tuesday, July 28, 2026, to discuss the quarterly financial performance.
Market Performance and Recent Trends
The recent dip saw Suzlon Energy's market capitalization fall below Rs 71,500 crore. While the stock has fallen 10% over the last month, it still remains significantly up, trading 35% higher than its 52-week low of Rs 38.17, which was touched in early March 2026.
Analyst Expectations for Q1 FY27
Brokerage firms have issued varied projections for Suzlon Energy's Q1 FY27 performance, largely maintaining 'buy' ratings on the stock.
Anand Rathi's Outlook
Anand Rathi Share & Stock Brokers Ltd. projects a moderation in Suzlon Energy's Q1 FY27 revenue. They anticipate wind turbine generator (WTG) deliveries of 484 MW, attributing lower figures to project-site erection delays caused by equipment and generator availability constraints. Anand Rathi expects an EBITDA margin of 18.8% and maintains a 'buy' rating with a target price of Rs 82 per share.
Centrum Broking's Projections
Centrum Broking forecasts a 21.1% quarter-on-quarter (QoQ) decline in revenue, noting that Q1 is typically a seasonally weak quarter. However, they expect a robust 38.5% year-on-year (YoY) growth in revenue. Centrum anticipates wind deliveries of 623 MW, marking a 40% YoY increase. The EBITDA margin is projected to decline by 73 basis points QoQ to 17.3%, primarily due to a higher share of lower-margin EPC (Engineering, Procurement, and Construction) revenue. Centrum also holds a 'buy' rating with a target price of Rs 75.
Motilal Oswal Financial Services' View
Motilal Oswal Financial Services Ltd. expects Suzlon's revenue to reach Rs 3,894.6 crore, representing a 24% YoY increase, with deliveries of 532 MW, up 20% YoY. They project EBITDA to increase by 15% YoY to Rs 687.4 crore, with an EBITDA margin of approximately 18%. Motilal Oswal has maintained a 'buy' rating and set a target price of Rs 70.
Key Growth Drivers
Analysts highlight several factors supporting Suzlon Energy's continued growth, including rising wind installations across India, healthy order inflows from both Public Sector Undertakings (PSUs) and commercial & industrial (C&I) customers, and the increasing contribution from its high-margin operations and maintenance (O&M) business. Suzlon is seen as a key beneficiary of India's accelerated build-out of wind and hybrid renewable energy infrastructure.