Suzlon energy: Brokerage firm Geojit Financial Services has reduced the rating of India’s legendary company Suzalon Energy in the wind energy segment. He has made the rating ‘accumulate’ from ‘Buy’ for this. However, the brokerage house has increased the target price from Rs 71 to Rs 77 for this, which reflects the lead of 17 percent from its previous closed price of Rs 65.67. The reason behind this is the company’s spectacular performance and strong order book in the wind turbine business, which shows good prospects of the company in the coming time.

Gejjated trusts the company’s order book

Gejated focused on Suzlon’s 5.5 GW order book, with commercial and industrial segments as well as PSU segment to 80 percent of the Total Order Book. Apart from this, the company has about 92 percent stake in the order book of the company’s leading S144 turbine order. The brokerage firm believes that this will bring a huge bounce of up to 41 % in the delivery of Wind Turbine Generator (WTG) from FY 25 to FY 27. Brokerage hopes that during this time Suzlon’s income will also increase at the rate of 38 percent annually and the return on equity is also expected to increase to 26 %.

Company made a lot of profit in March quarter

The company’s net profit increased to 1,182.22 crore in the March quarter of the financial year 2025, which is much more than 254.12 crore in the last year’s March quarter. The company’s operation also increased to Rs 3,773.54 crore with a rise of 73 %, which was Rs 2,179.20 crore in the March 2024 quarter. By the end of the financial year 2025, the company’s net cash position was Rs 1,943 crore, while the consolidated net worth stood at 6,106 crore, indicating the company’s strong balance sheet. Meanwhile, brokerage house Nuwama Institutional Equities have retained their rating of ‘Hold’ on Suzalon.

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