Suzlon Energy Ltd.
•₹ 46.71-0.62%
2026-08-21
PROS
- Company is almost debt free
- Company has a good return on equity (ROE) track record: 3 Years ROE 44.7%
- Company has a healthy return on capital (ROCE) of 38.3%
- Company has delivered good sales growth of 64.6% CAGR over last 5 years
- Operating margins have improved to 18.7% from 7.0%
CONS
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT 0.31x)
- Effective tax rate is unusually low at -15.9% - earnings may be flattered
- Recurring exceptional / one-off items are inflating headline profit
- Equity base is being diluted - shares outstanding up 11.8%
- Stock is trading at 5.6x its book value
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | ABB | 7470.00 | 52.98 | 158295.56 | 0.53 | 3623.00 | 930.02 | 35588.70 | 1110.31 | 30.18 | 12.56 |
| 2. | POWERINDIA | 33560.00 | 0.00 | 149584.85 | 0.02 | 294.15 | 123.52 | 2493.69 | 74.46 | 28.73 | 14.58 |
| 3. | SIEMENS | 3899.95 | 42.40 | 138885.22 | 0.46 | 214.31 | -49.38 | 4713.70 | 8.44 | 21.42 | 9.14 |
| 4. | CGPOWER | 875.00 | 110.28 | 137851.88 | 0.15 | 308.28 | 15.52 | 3280.81 | 13.99 | 27.94 | 12.11 |
| 5. | ENRIN | 3436.60 | 0.00 | 122384.37 | 0.12 | 4409.00 | 1578.34 | 24856.00 | 1292.81 | 40.19 | 23.56 |
| 6. | GVT&D | 4055.00 | 555.99 | 103826.87 | 0.25 | 362.99 | 24.65 | 1836.14 | 38.04 | 75.51 | 25.10 |
| 7. | HAVELLS | 1273.00 | 48.91 | 79888.60 | 0.79 | 289.71 | -16.64 | 6518.19 | 19.48 | 25.74 | 7.15 |
| 8. | WAAREEENER | 2684.00 | 20.23 | 77205.62 | 0.15 | 891.87 | 15.39 | 7931.79 | 79.22 | 34.71 | 18.15 |
| 9. | APARINDS | 16764.90 | 59.41 | 70198.55 | 0.36 | 4674.50 | 1677.98 | 65910.60 | 1191.31 | 33.47 | 11.50 |
| 10. | SUZLON | 47.05 | 20.57 | 64673.22 | 0.00 | 305.22 | -5.89 | 3829.09 | 22.83 | 35.79 | 15.55 |
| 11. | SCHNEIDER | 1241.90 | 0.00 | 29694.33 | 0.00 | 124.40 | 201.65 | 6513.60 | 947.83 | 31.01 | 5.23 |
| 12. | TDPOWERSYS | 1508.50 | 85.70 | 23567.06 | 0.14 | 86.29 | 72.33 | 640.05 | 72.10 | 34.01 | 19.00 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 747 | 750 | 890 | 1,996 | 1,906 | 1,932 | 2,763 | 3,561 | 2,844 | 3,476 | 3,789 | 4,944 | 3,297 | |
| 713 | 732 | 882 | 1,707 | 1,568 | 1,701 | 2,294 | 2,970 | 2,265 | 2,756 | 3,250 | 3,999 | 2,958 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 54 | 48 | 47 | 20 | 24 | 28 | 21 | 29 | 29 | 28 | 29 | 68 | 43 |
| Interest | 76 | 58 | 29 | 40 | 40 | 49 | 60 | 79 | 93 | 99 | 103 | 123 | 123 |
| Depreciation | 37 | 34 | 20 | 34 | 35 | 41 | 45 | 46 | 39 | 43 | 47 | 60 | 72 |
| 0 | -5 | 24 | 276 | 300 | 192 | 440 | 541 | 482 | 569 | 402 | 2,094 | 383 | |
| Tax % | 0.00% | -0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.50% | -117.02% | 27.90% | -126.24% | 29.79% | -4.79% | 19.97% |
| Net Profit | 0 | -5 | 24 | 276 | 300 | 192 | 438 | 1,174 | 347 | 1,287 | 282 | 2,195 | 306 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 0 | 2 | 0 | |
| Equity Capital | 2,488 | 2,719 | 2,719 | 2,722 | 2,727 | 2,731 | 2,732 | 2,732 | 2,742 | 2,744 | 2,745 | 2,745 | 2,751 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 2,488 | 2,719 | 2,719 | 2,722 | 2,727 | 2,731 | 2,732 | 2,732 | 2,742 | 2,744 | 2,745 | 2,745 | 2,751 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 747
- 713
- Operating Profit
- —
- OPM %
- —
- Other Income
- 54
- Interest
- 76
- Depreciation
- 37
- 0
- Tax %
- 0.00%
- Net Profit
- 0
- 0
- Equity Capital
- 2,488
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 2,488
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 750
- 732
- Operating Profit
- —
- OPM %
- —
- Other Income
- 48
- Interest
- 58
- Depreciation
- 34
- -5
- Tax %
- -0.00%
- Net Profit
- -5
- 0
- Equity Capital
- 2,719
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 2,719
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 890
- 882
- Operating Profit
- —
- OPM %
- —
- Other Income
- 47
- Interest
- 29
- Depreciation
- 20
- 24
- Tax %
- 0.00%
- Net Profit
- 24
- 0
- Equity Capital
- 2,719
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 2,719
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 1,996
- 1,707
- Operating Profit
- —
- OPM %
- —
- Other Income
- 20
- Interest
- 40
- Depreciation
- 34
- 276
- Tax %
- 0.00%
- Net Profit
- 276
- 0
- Equity Capital
- 2,722
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 2,722
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 1,906
- 1,568
- Operating Profit
- —
- OPM %
- —
- Other Income
- 24
- Interest
- 40
- Depreciation
- 35
- 300
- Tax %
- 0.00%
- Net Profit
- 300
- 0
- Equity Capital
- 2,727
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 2,727
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 1,932
- 1,701
- Operating Profit
- —
- OPM %
- —
- Other Income
- 28
- Interest
- 49
- Depreciation
- 41
- 192
- Tax %
- 0.00%
- Net Profit
- 192
- 0
- Equity Capital
- 2,731
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 2,731
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 2,763
- 2,294
- Operating Profit
- —
- OPM %
- —
- Other Income
- 21
- Interest
- 60
- Depreciation
- 45
- 440
- Tax %
- 0.50%
- Net Profit
- 438
- 0
- Equity Capital
- 2,732
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 2,732
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 3,561
- 2,970
- Operating Profit
- —
- OPM %
- —
- Other Income
- 29
- Interest
- 79
- Depreciation
- 46
- 541
- Tax %
- -117.02%
- Net Profit
- 1,174
- 1
- Equity Capital
- 2,732
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 2,732
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 2,844
- 2,265
- Operating Profit
- —
- OPM %
- —
- Other Income
- 29
- Interest
- 93
- Depreciation
- 39
- 482
- Tax %
- 27.90%
- Net Profit
- 347
- 0
- Equity Capital
- 2,742
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 2,742
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 3,476
- 2,756
- Operating Profit
- —
- OPM %
- —
- Other Income
- 28
- Interest
- 99
- Depreciation
- 43
- 569
- Tax %
- -126.24%
- Net Profit
- 1,287
- 1
- Equity Capital
- 2,744
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 2,744
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 3,789
- 3,250
- Operating Profit
- —
- OPM %
- —
- Other Income
- 29
- Interest
- 103
- Depreciation
- 47
- 402
- Tax %
- 29.79%
- Net Profit
- 282
- 0
- Equity Capital
- 2,745
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 2,745
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 4,944
- 3,999
- Operating Profit
- —
- OPM %
- —
- Other Income
- 68
- Interest
- 123
- Depreciation
- 60
- 2,094
- Tax %
- -4.79%
- Net Profit
- 2,195
- 2
- Equity Capital
- 2,745
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 2,745
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 3,297
- 2,958
- Operating Profit
- —
- OPM %
- —
- Other Income
- 43
- Interest
- 123
- Depreciation
- 72
- 383
- Tax %
- 19.97%
- Net Profit
- 306
- 0
- Equity Capital
- 2,751
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 2,751
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 9,246 | 5,977 | 2,544 | 376 | 1,247 | 4,040 | 3,590 | 5,864 | 10,198 | 15,092 | 15,507 | |
| 7,531 | 5,377 | 2,791 | 1,280 | 1,349 | 3,972 | 3,544 | 4,954 | 8,583 | 12,270 | 12,962 | |
| Operating Profit | 2,236 | 1,033 | 252 | -661 | -30 | 132 | 252 | 958 | 1,767 | 2,976 | — |
| OPM % | 24 | 17 | 10 | -176 | -2 | 3 | 7 | 16 | 17 | 20 | — |
| Other Income | 521 | 433 | 499 | 243 | 71 | 64 | 206 | 48 | 152 | 154 | 168 |
| Interest | 931 | 1,223 | 944 | 1,141 | 983 | 777 | 442 | 144 | 229 | 418 | 447 |
| Depreciation | 414 | 419 | 439 | 682 | 186 | 185 | 190 | 142 | 167 | 190 | 223 |
| 356 | -1,155 | -7,412 | -3,276 | -398 | -913 | 2,163 | 723 | 1,474 | 3,547 | 3,448 | |
| Tax % | -0 | -0 | -0 | -0 | 0 | 0 | 0 | 0 | -43 | -16 | -18 |
| Net Profit | 356 | -1,156 | -7,413 | -3,277 | -398 | -913 | 2,163 | 723 | 2,105 | 4,111 | 4,070 |
| EPS | 1 | -2 | -14 | -6 | -1 | -1 | 2 | 1 | 2 | 3 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 1 | -2 | -13 | -6 | -0 | -1 | 2 | 1 | 2 | 3 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 1 | -2 | -13 | -6 | -0 | -1 | 2 | 1 | 2 | 3 | — |
Mar 2017
- 9,246
- 7,531
- Operating Profit
- 2,236
- OPM %
- 24
- Other Income
- 521
- Interest
- 931
- Depreciation
- 414
- 356
- Tax %
- -0
- Net Profit
- 356
- EPS
- 1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2018
- 5,977
- 5,377
- Operating Profit
- 1,033
- OPM %
- 17
- Other Income
- 433
- Interest
- 1,223
- Depreciation
- 419
- -1,155
- Tax %
- -0
- Net Profit
- -1,156
- EPS
- -2
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -2
Mar 2019
- 2,544
- 2,791
- Operating Profit
- 252
- OPM %
- 10
- Other Income
- 499
- Interest
- 944
- Depreciation
- 439
- -7,412
- Tax %
- -0
- Net Profit
- -7,413
- EPS
- -14
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -13
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -13
Mar 2020
- 376
- 1,280
- Operating Profit
- -661
- OPM %
- -176
- Other Income
- 243
- Interest
- 1,141
- Depreciation
- 682
- -3,276
- Tax %
- -0
- Net Profit
- -3,277
- EPS
- -6
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -6
Mar 2021
- 1,247
- 1,349
- Operating Profit
- -30
- OPM %
- -2
- Other Income
- 71
- Interest
- 983
- Depreciation
- 186
- -398
- Tax %
- 0
- Net Profit
- -398
- EPS
- -1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -0
Mar 2022
- 4,040
- 3,972
- Operating Profit
- 132
- OPM %
- 3
- Other Income
- 64
- Interest
- 777
- Depreciation
- 185
- -913
- Tax %
- 0
- Net Profit
- -913
- EPS
- -1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
Mar 2023
- 3,590
- 3,544
- Operating Profit
- 252
- OPM %
- 7
- Other Income
- 206
- Interest
- 442
- Depreciation
- 190
- 2,163
- Tax %
- 0
- Net Profit
- 2,163
- EPS
- 2
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2024
- 5,864
- 4,954
- Operating Profit
- 958
- OPM %
- 16
- Other Income
- 48
- Interest
- 144
- Depreciation
- 142
- 723
- Tax %
- 0
- Net Profit
- 723
- EPS
- 1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2025
- 10,198
- 8,583
- Operating Profit
- 1,767
- OPM %
- 17
- Other Income
- 152
- Interest
- 229
- Depreciation
- 167
- 1,474
- Tax %
- -43
- Net Profit
- 2,105
- EPS
- 2
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2026
- 15,092
- 12,270
- Operating Profit
- 2,976
- OPM %
- 20
- Other Income
- 154
- Interest
- 418
- Depreciation
- 190
- 3,547
- Tax %
- -16
- Net Profit
- 4,111
- EPS
- 3
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
TTM
- 15,507
- 12,962
- Operating Profit
- —
- OPM %
- —
- Other Income
- 168
- Interest
- 447
- Depreciation
- 223
- 3,448
- Tax %
- -18
- Net Profit
- 4,070
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 10%
- 5 Years:
- 65%
- 3 Years:
- 61%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 27%
- 5 Years:
- —
- 3 Years:
- 24%
STOCK PRICE CAGR
- 10 Years:
- 12%
- 5 Years:
- 54%
- 3 Years:
- 31%
- 1 Year:
- -20%
RETURN ON EQUITY
- 10 Years:
- 0%
- 5 Years:
- 27%
- 3 Years:
- 45%
- Last Year:
- 54%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 1,005 | 1,064 | 1,064 | 1,064 | 1,702 | 1,843 | 2,454 | 2,722 | 2,730 | 2,743 |
| -37 | -756 | -8,087 | -11,342 | -5,925 | -5,967 | -1,035 | 530 | 2,675 | 6,953 | |
| 1,976 | 3,767 | 3,258 | 8,261 | 200 | 0 | 0 | 0 | 0 | 0 | |
| Trade Payables | 4,655 | 2,434 | 1,793 | 1,158 | 1,372 | 1,816 | 1,062 | 2,182 | 3,333 | 4,510 |
| 6,628 | 6,332 | 10,494 | 6,583 | 8,013 | 7,983 | 3,567 | 1,323 | 2,969 | 2,676 | |
| Total Liabilities | 14,226 | 12,841 | 8,523 | 5,723 | 5,362 | 5,675 | 6,048 | 6,757 | 11,706 | 16,883 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 1,755 | 1,429 | 1,367 | 858 | 725 | 650 | 497 | 646 | 707 | 1,208 | |
| Capital Work in Progress | 73 | 112 | 130 | 105 | 96 | 8 | 1 | 4 | 60 | 138 |
| 3,648 | 2,878 | 2,009 | 1,782 | 1,781 | 1,752 | 1,754 | 379 | 1,278 | 2,337 | |
| 2,276 | 1,552 | 1,180 | 897 | 862 | 1,167 | 760 | 2,054 | 2,857 | 3,557 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,659 | 3,683 | 5,742 | |
| Cash & Bank | 153 | 447 | 16 | 36 | 194 | 410 | 291 | 362 | 997 | 873 |
| 6,321 | 6,423 | 3,821 | 2,046 | 1,704 | 1,688 | 2,745 | 1,654 | 2,126 | 3,027 | |
| Total Assets | 14,226 | 12,841 | 8,523 | 5,723 | 5,362 | 5,675 | 6,048 | 6,757 | 11,706 | 16,883 |
| Total Debt | 6,075 | 7,357 | 6,783 | 11,893 | 4,790 | 4,261 | 2,332 | 0 | 0 | 0 |
| Net Working Capital | -1,540 | -2,673 | -5,851 | -13,031 | -881 | -501 | -429 | 1,374 | 2,330 | 4,263 |
| Contingent Liabilities | 182 | 201 | 216 | 222 | 218 | 161 | 183 | 172 | 353 | 353 |
| Book Value per Share | 1.93 | 0.58 | -13.20 | -19.32 | -4.96 | -4.47 | 1.16 | 2.39 | 3.96 | 7.07 |
| Face Value | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Total Debt | 6,075 | 7,357 | 6,783 | 11,893 | 4,790 | 4,261 | 2,332 | 0 | 0 | 0 |
| Net Working Capital | -1,540 | -2,673 | -5,851 | -13,031 | -881 | -501 | -429 | 1,374 | 2,330 | 4,263 |
| Contingent Liabilities | 182 | 201 | 216 | 222 | 218 | 161 | 183 | 172 | 353 | 353 |
| Book Value per Share | 1.93 | 0.58 | -13.20 | -19.32 | -4.96 | -4.47 | 1.16 | 2.39 | 3.96 | 7.07 |
| Face Value | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
Mar 2017
- Equity Capital
- 1,005
- -37
- 1,976
- Trade Payables
- 4,655
- 6,628
- Total Liabilities
- 14,226
- 1,755
- Capital Work in Progress
- 73
- 3,648
- 2,276
- 0
- Cash & Bank
- 153
- 6,321
- Total Assets
- 14,226
- Total Debt
- 6,075
- Net Working Capital
- -1,540
- Contingent Liabilities
- 182
- Book Value per Share
- 1.93
- Face Value
- 2.00
- Total Debt
- 6,075
- Net Working Capital
- -1,540
- Contingent Liabilities
- 182
- Book Value per Share
- 1.93
- Face Value
- 2.00
Mar 2018
- Equity Capital
- 1,064
- -756
- 3,767
- Trade Payables
- 2,434
- 6,332
- Total Liabilities
- 12,841
- 1,429
- Capital Work in Progress
- 112
- 2,878
- 1,552
- 0
- Cash & Bank
- 447
- 6,423
- Total Assets
- 12,841
- Total Debt
- 7,357
- Net Working Capital
- -2,673
- Contingent Liabilities
- 201
- Book Value per Share
- 0.58
- Face Value
- 2.00
- Total Debt
- 7,357
- Net Working Capital
- -2,673
- Contingent Liabilities
- 201
- Book Value per Share
- 0.58
- Face Value
- 2.00
Mar 2019
- Equity Capital
- 1,064
- -8,087
- 3,258
- Trade Payables
- 1,793
- 10,494
- Total Liabilities
- 8,523
- 1,367
- Capital Work in Progress
- 130
- 2,009
- 1,180
- 0
- Cash & Bank
- 16
- 3,821
- Total Assets
- 8,523
- Total Debt
- 6,783
- Net Working Capital
- -5,851
- Contingent Liabilities
- 216
- Book Value per Share
- -13.20
- Face Value
- 2.00
- Total Debt
- 6,783
- Net Working Capital
- -5,851
- Contingent Liabilities
- 216
- Book Value per Share
- -13.20
- Face Value
- 2.00
Mar 2020
- Equity Capital
- 1,064
- -11,342
- 8,261
- Trade Payables
- 1,158
- 6,583
- Total Liabilities
- 5,723
- 858
- Capital Work in Progress
- 105
- 1,782
- 897
- 0
- Cash & Bank
- 36
- 2,046
- Total Assets
- 5,723
- Total Debt
- 11,893
- Net Working Capital
- -13,031
- Contingent Liabilities
- 222
- Book Value per Share
- -19.32
- Face Value
- 2.00
- Total Debt
- 11,893
- Net Working Capital
- -13,031
- Contingent Liabilities
- 222
- Book Value per Share
- -19.32
- Face Value
- 2.00
Mar 2021
- Equity Capital
- 1,702
- -5,925
- 200
- Trade Payables
- 1,372
- 8,013
- Total Liabilities
- 5,362
- 725
- Capital Work in Progress
- 96
- 1,781
- 862
- 0
- Cash & Bank
- 194
- 1,704
- Total Assets
- 5,362
- Total Debt
- 4,790
- Net Working Capital
- -881
- Contingent Liabilities
- 218
- Book Value per Share
- -4.96
- Face Value
- 2.00
- Total Debt
- 4,790
- Net Working Capital
- -881
- Contingent Liabilities
- 218
- Book Value per Share
- -4.96
- Face Value
- 2.00
Mar 2022
- Equity Capital
- 1,843
- -5,967
- 0
- Trade Payables
- 1,816
- 7,983
- Total Liabilities
- 5,675
- 650
- Capital Work in Progress
- 8
- 1,752
- 1,167
- 0
- Cash & Bank
- 410
- 1,688
- Total Assets
- 5,675
- Total Debt
- 4,261
- Net Working Capital
- -501
- Contingent Liabilities
- 161
- Book Value per Share
- -4.47
- Face Value
- 2.00
- Total Debt
- 4,261
- Net Working Capital
- -501
- Contingent Liabilities
- 161
- Book Value per Share
- -4.47
- Face Value
- 2.00
Mar 2023
- Equity Capital
- 2,454
- -1,035
- 0
- Trade Payables
- 1,062
- 3,567
- Total Liabilities
- 6,048
- 497
- Capital Work in Progress
- 1
- 1,754
- 760
- 0
- Cash & Bank
- 291
- 2,745
- Total Assets
- 6,048
- Total Debt
- 2,332
- Net Working Capital
- -429
- Contingent Liabilities
- 183
- Book Value per Share
- 1.16
- Face Value
- 2.00
- Total Debt
- 2,332
- Net Working Capital
- -429
- Contingent Liabilities
- 183
- Book Value per Share
- 1.16
- Face Value
- 2.00
Mar 2024
- Equity Capital
- 2,722
- 530
- 0
- Trade Payables
- 2,182
- 1,323
- Total Liabilities
- 6,757
- 646
- Capital Work in Progress
- 4
- 379
- 2,054
- 1,659
- Cash & Bank
- 362
- 1,654
- Total Assets
- 6,757
- Total Debt
- 0
- Net Working Capital
- 1,374
- Contingent Liabilities
- 172
- Book Value per Share
- 2.39
- Face Value
- 2.00
- Total Debt
- 0
- Net Working Capital
- 1,374
- Contingent Liabilities
- 172
- Book Value per Share
- 2.39
- Face Value
- 2.00
Mar 2025
- Equity Capital
- 2,730
- 2,675
- 0
- Trade Payables
- 3,333
- 2,969
- Total Liabilities
- 11,706
- 707
- Capital Work in Progress
- 60
- 1,278
- 2,857
- 3,683
- Cash & Bank
- 997
- 2,126
- Total Assets
- 11,706
- Total Debt
- 0
- Net Working Capital
- 2,330
- Contingent Liabilities
- 353
- Book Value per Share
- 3.96
- Face Value
- 2.00
- Total Debt
- 0
- Net Working Capital
- 2,330
- Contingent Liabilities
- 353
- Book Value per Share
- 3.96
- Face Value
- 2.00
Mar 2026
- Equity Capital
- 2,743
- 6,953
- 0
- Trade Payables
- 4,510
- 2,676
- Total Liabilities
- 16,883
- 1,208
- Capital Work in Progress
- 138
- 2,337
- 3,557
- 5,742
- Cash & Bank
- 873
- 3,027
- Total Assets
- 16,883
- Total Debt
- 0
- Net Working Capital
- 4,263
- Contingent Liabilities
- 353
- Book Value per Share
- 7.07
- Face Value
- 2.00
- Total Debt
- 0
- Net Working Capital
- 4,263
- Contingent Liabilities
- 353
- Book Value per Share
- 7.07
- Face Value
- 2.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 2,801 | -796 | 450 | -1,257 | -161 | -74 | -17 | -48 | 916 | 1,291 | |
| Cash from Investing | -1,847 | 32 | 534 | -3,503 | 518 | 1,180 | 408 | -107 | -612 | -1,314 |
| Cash from Financing | -898 | 1,058 | -1,414 | 4,780 | -199 | -889 | -510 | 179 | 331 | -87 |
| 56 | 293 | -430 | 20 | 157 | 216 | -119 | 24 | 635 | -110 | |
| Free Cash Flow | 2,242 | -913 | 72 | -1,352 | -174 | -74 | -17 | -313 | 714 | 545 |
| OCF / Net Profit | 7.88 | 0.69 | -0.06 | 0.38 | 0.41 | 0.08 | -0.01 | -0.07 | 0.43 | 0.31 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -124 | -2,441 | -1,545 | -1,931 | 135 | 854 |
| OCF / Net Profit | 7.88 | 0.69 | -0.06 | 0.38 | 0.41 | 0.08 | -0.01 | -0.07 | 0.43 | 0.31 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -124 | -2,441 | -1,545 | -1,931 | 135 | 854 |
Mar 2017
- 2,801
- Cash from Investing
- -1,847
- Cash from Financing
- -898
- 56
- Free Cash Flow
- 2,242
- OCF / Net Profit
- 7.88
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 7.88
- Cumulative 5-Year FCF
- 0
Mar 2018
- -796
- Cash from Investing
- 32
- Cash from Financing
- 1,058
- 293
- Free Cash Flow
- -913
- OCF / Net Profit
- 0.69
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.69
- Cumulative 5-Year FCF
- 0
Mar 2019
- 450
- Cash from Investing
- 534
- Cash from Financing
- -1,414
- -430
- Free Cash Flow
- 72
- OCF / Net Profit
- -0.06
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.06
- Cumulative 5-Year FCF
- 0
Mar 2020
- -1,257
- Cash from Investing
- -3,503
- Cash from Financing
- 4,780
- 20
- Free Cash Flow
- -1,352
- OCF / Net Profit
- 0.38
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.38
- Cumulative 5-Year FCF
- 0
Mar 2021
- -161
- Cash from Investing
- 518
- Cash from Financing
- -199
- 157
- Free Cash Flow
- -174
- OCF / Net Profit
- 0.41
- Cumulative 5-Year FCF
- -124
- OCF / Net Profit
- 0.41
- Cumulative 5-Year FCF
- -124
Mar 2022
- -74
- Cash from Investing
- 1,180
- Cash from Financing
- -889
- 216
- Free Cash Flow
- -74
- OCF / Net Profit
- 0.08
- Cumulative 5-Year FCF
- -2,441
- OCF / Net Profit
- 0.08
- Cumulative 5-Year FCF
- -2,441
Mar 2023
- -17
- Cash from Investing
- 408
- Cash from Financing
- -510
- -119
- Free Cash Flow
- -17
- OCF / Net Profit
- -0.01
- Cumulative 5-Year FCF
- -1,545
- OCF / Net Profit
- -0.01
- Cumulative 5-Year FCF
- -1,545
Mar 2024
- -48
- Cash from Investing
- -107
- Cash from Financing
- 179
- 24
- Free Cash Flow
- -313
- OCF / Net Profit
- -0.07
- Cumulative 5-Year FCF
- -1,931
- OCF / Net Profit
- -0.07
- Cumulative 5-Year FCF
- -1,931
Mar 2025
- 916
- Cash from Investing
- -612
- Cash from Financing
- 331
- 635
- Free Cash Flow
- 714
- OCF / Net Profit
- 0.43
- Cumulative 5-Year FCF
- 135
- OCF / Net Profit
- 0.43
- Cumulative 5-Year FCF
- 135
Mar 2026
- 1,291
- Cash from Investing
- -1,314
- Cash from Financing
- -87
- -110
- Free Cash Flow
- 545
- OCF / Net Profit
- 0.31
- Cumulative 5-Year FCF
- 854
- OCF / Net Profit
- 0.31
- Cumulative 5-Year FCF
- 854
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 0.71 | -2.17 | -13.94 | -6.16 | -0.47 | -0.99 | 1.76 | 0.53 | 1.54 | 3.00 |
| Book Value (₹) | 1.93 | 0.58 | -13.20 | -19.32 | -4.96 | -4.47 | 1.16 | 2.39 | 3.96 | 7.07 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 1.41 | -1.27 | -12.03 | -4.48 | -0.23 | -0.72 | 1.92 | 0.64 | 1.66 | 3.14 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 24.19% | 17.29% | 9.91% | -175.88% | -2.44% | 3.28% | 7.03% | 15.51% | 15.83% | 18.70% |
| Net Margin % | 3.85% | -19.34% | -291.46% | -871.56% | -31.94% | -22.59% | 60.24% | 12.33% | 20.64% | 27.24% |
| ROE % | 46.85% | -181.30% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 30.96% | 48.63% | 54.45% |
| ROCE % | 18.49% | 0.92% | -173.16% | -310.53% | 48.19% | -22.97% | 126.41% | 24.67% | 38.65% | 51.63% |
| 2.68% | -8.54% | -69.40% | -46.00% | -7.19% | -16.54% | 36.90% | 11.30% | 22.80% | 28.76% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 83 | 128 | 214 | 736 | 118 | 47 | 62 | 69 | 96 | 114 |
| Inventory Days | 71 | 117 | 196 | 1008 | 257 | 92 | 98 | 88 | 88 | 78 |
| Payable Days | 263 | 314 | 449 | 1412 | 617 | 188 | 192 | 158 | 150 | 142 |
| -109 | -69 | -39 | 332 | -242 | -49 | -32 | -2 | 34 | 50 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 6.28x | 23.89x | -0.97x | -1.16x | -1.13x | -1.03x | 1.64x | 0.00x | 0.00x | 0.00x |
| Interest Coverage (x) | 1.38x | 0.06x | -6.85x | -1.87x | 0.59x | -0.17x | 5.90x | 6.01x | 7.44x | 9.49x |
| 0.83x | 0.70x | 0.39x | 0.14x | 0.69x | 0.85x | 0.83x | 1.42x | 1.39x | 1.60x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 55.59% | -35.35% | -57.45% | -85.22% | 231.78% | 223.90% | -11.13% | 63.33% | 73.90% | 47.99% |
| Operating Profit Growth % | 62.72% | -53.79% | -75.62% | -362.43% | 95.40% | 535.31% | 90.52% | 279.85% | 84.35% | 68.46% |
| Net Profit Growth % | -5.78% | -425.03% | -541.21% | 55.80% | 87.84% | -129.08% | 336.97% | -66.56% | 191.04% | 95.32% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -69.85% | 190.20% | 94.38% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 76.16x | 36.70x | 13.20x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 16.94x | 14.29x | 5.60x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 57.09x | 43.17x | 17.94x |
Mar 2017
- EPS (₹)
- 0.71
- Book Value (₹)
- 1.93
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.41
- Operating Margin %
- 24.19%
- Net Margin %
- 3.85%
- ROE %
- 46.85%
- ROCE %
- 18.49%
- 2.68%
- Debtor Days
- 83
- Inventory Days
- 71
- Payable Days
- 263
- -109
- Debt to Equity (x)
- 6.28x
- Interest Coverage (x)
- 1.38x
- 0.83x
- Revenue Growth %
- 55.59%
- Operating Profit Growth %
- 62.72%
- Net Profit Growth %
- -5.78%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- -2.17
- Book Value (₹)
- 0.58
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -1.27
- Operating Margin %
- 17.29%
- Net Margin %
- -19.34%
- ROE %
- -181.30%
- ROCE %
- 0.92%
- -8.54%
- Debtor Days
- 128
- Inventory Days
- 117
- Payable Days
- 314
- -69
- Debt to Equity (x)
- 23.89x
- Interest Coverage (x)
- 0.06x
- 0.70x
- Revenue Growth %
- -35.35%
- Operating Profit Growth %
- -53.79%
- Net Profit Growth %
- -425.03%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- -13.94
- Book Value (₹)
- -13.20
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -12.03
- Operating Margin %
- 9.91%
- Net Margin %
- -291.46%
- ROE %
- 0.00%
- ROCE %
- -173.16%
- -69.40%
- Debtor Days
- 214
- Inventory Days
- 196
- Payable Days
- 449
- -39
- Debt to Equity (x)
- -0.97x
- Interest Coverage (x)
- -6.85x
- 0.39x
- Revenue Growth %
- -57.45%
- Operating Profit Growth %
- -75.62%
- Net Profit Growth %
- -541.21%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- -6.16
- Book Value (₹)
- -19.32
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -4.48
- Operating Margin %
- -175.88%
- Net Margin %
- -871.56%
- ROE %
- 0.00%
- ROCE %
- -310.53%
- -46.00%
- Debtor Days
- 736
- Inventory Days
- 1008
- Payable Days
- 1412
- 332
- Debt to Equity (x)
- -1.16x
- Interest Coverage (x)
- -1.87x
- 0.14x
- Revenue Growth %
- -85.22%
- Operating Profit Growth %
- -362.43%
- Net Profit Growth %
- 55.80%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- -0.47
- Book Value (₹)
- -4.96
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -0.23
- Operating Margin %
- -2.44%
- Net Margin %
- -31.94%
- ROE %
- 0.00%
- ROCE %
- 48.19%
- -7.19%
- Debtor Days
- 118
- Inventory Days
- 257
- Payable Days
- 617
- -242
- Debt to Equity (x)
- -1.13x
- Interest Coverage (x)
- 0.59x
- 0.69x
- Revenue Growth %
- 231.78%
- Operating Profit Growth %
- 95.40%
- Net Profit Growth %
- 87.84%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- -0.99
- Book Value (₹)
- -4.47
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -0.72
- Operating Margin %
- 3.28%
- Net Margin %
- -22.59%
- ROE %
- 0.00%
- ROCE %
- -22.97%
- -16.54%
- Debtor Days
- 47
- Inventory Days
- 92
- Payable Days
- 188
- -49
- Debt to Equity (x)
- -1.03x
- Interest Coverage (x)
- -0.17x
- 0.85x
- Revenue Growth %
- 223.90%
- Operating Profit Growth %
- 535.31%
- Net Profit Growth %
- -129.08%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 1.76
- Book Value (₹)
- 1.16
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.92
- Operating Margin %
- 7.03%
- Net Margin %
- 60.24%
- ROE %
- 0.00%
- ROCE %
- 126.41%
- 36.90%
- Debtor Days
- 62
- Inventory Days
- 98
- Payable Days
- 192
- -32
- Debt to Equity (x)
- 1.64x
- Interest Coverage (x)
- 5.90x
- 0.83x
- Revenue Growth %
- -11.13%
- Operating Profit Growth %
- 90.52%
- Net Profit Growth %
- 336.97%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 0.53
- Book Value (₹)
- 2.39
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.64
- Operating Margin %
- 15.51%
- Net Margin %
- 12.33%
- ROE %
- 30.96%
- ROCE %
- 24.67%
- 11.30%
- Debtor Days
- 69
- Inventory Days
- 88
- Payable Days
- 158
- -2
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 6.01x
- 1.42x
- Revenue Growth %
- 63.33%
- Operating Profit Growth %
- 279.85%
- Net Profit Growth %
- -66.56%
- -69.85%
- P/E (x)
- 76.16x
- P/B (x)
- 16.94x
- Dividend Yield %
- 0.00%
- 57.09x
Mar 2025
- EPS (₹)
- 1.54
- Book Value (₹)
- 3.96
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.66
- Operating Margin %
- 15.83%
- Net Margin %
- 20.64%
- ROE %
- 48.63%
- ROCE %
- 38.65%
- 22.80%
- Debtor Days
- 96
- Inventory Days
- 88
- Payable Days
- 150
- 34
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 7.44x
- 1.39x
- Revenue Growth %
- 73.90%
- Operating Profit Growth %
- 84.35%
- Net Profit Growth %
- 191.04%
- 190.20%
- P/E (x)
- 36.70x
- P/B (x)
- 14.29x
- Dividend Yield %
- 0.00%
- 43.17x
Mar 2026
- EPS (₹)
- 3.00
- Book Value (₹)
- 7.07
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 3.14
- Operating Margin %
- 18.70%
- Net Margin %
- 27.24%
- ROE %
- 54.45%
- ROCE %
- 51.63%
- 28.76%
- Debtor Days
- 114
- Inventory Days
- 78
- Payable Days
- 142
- 50
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 9.49x
- 1.60x
- Revenue Growth %
- 47.99%
- Operating Profit Growth %
- 68.46%
- Net Profit Growth %
- 95.32%
- 94.38%
- P/E (x)
- 13.20x
- P/B (x)
- 5.60x
- Dividend Yield %
- 0.00%
- 17.94x
Documents
Announcements
- Shareholders meeting
2026-08-15 - Suzlon Energy Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 11, 2026
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-14 - Suzlon Energy Limited has informed the Exchange about Schedule of meet
Annual Reports
Credit Ratings
- Credit Rating
2025-07-30 - Suzlon Energy Limited has informed the Exchange about Credit Rating
- Credit Rating
2025-07-30 - Suzlon Energy Limited has informed the Exchange about Credit Rating
Concalls
Aug 2026
Jun 2026
May 2026