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Suzlon Energy
Suzlon Energy (SUZLON) investor relations material
Suzlon Energy Q3 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 25/26 earnings summary5 Feb, 2026
Executive summary
Achieved record quarterly deliveries of 617 MW in Q3 FY26, the highest ever, with a robust order book of 6.4 GW and strong execution momentum.
Net cash position improved to ₹1,556 crore as of December 2025, supporting financial flexibility and execution ramp-up.
All business segments reported strong growth and healthy margins, with significant operating leverage from volume ramp-up in the WTG business.
Launched 'Suzlon 2.0' transformation strategy, expanding into solar, storage, and clean energy technologies.
Guidance of 60% year-on-year growth across key KPIs reaffirmed, with no downward revision.
Financial highlights
Q3 FY26 consolidated revenue reached ₹4,228 crore, up 48% year-on-year, with EBITDA at ₹739 crore and EBITDA margin at 17.5%.
Q3 PBT was ₹567 crore and PAT ₹445 crore, with net profit for 9M FY26 at ₹2,049 crore.
Nine-month FY26 revenue rose 58% year-on-year to ₹11,211 crore; consolidated EBITDA increased 77% to ₹2,058 crore; PBT at ₹1,589 crore.
Contribution margin for Q3 FY26 was 31.8%; for 9M FY26, 33.5%.
Consolidated net worth stands at ₹8,332 crore, with borrowings reduced to ₹283 crore.
Outlook and guidance
Confident in achieving 60% year-on-year growth guidance for FY26, with no plans for downward revision.
Strong order pipeline, with 3-4 GW in non-bidding discussions and continued focus on execution improvement.
Execution pipeline of 2,384 MW and 8+ GW of land development underway, ensuring rapid deployment and long-term growth.
Export-driven volume growth targeted, with new leadership in Europe and trade agreements supporting expansion.
Strategic focus on expanding EPC business to 50% share by 2028, with current quarter EPC share at 27%.
Explain ESOP grant price variations
Impact of Project Division transfer on EPC strategy
Future impact of New Labour Codes on operations?
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Next Suzlon Energy earnings date
Q4 25/2628 May, 2026
Suzlon Energy
Next Suzlon Energy earnings date
Q4 25/2628 May, 2026
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Frequently asked questions
Suzlon Energy Limited is an India-based company engaged in the design, development, manufacturing, and maintenance of wind turbine generators and related renewable energy solutions. The company provides integrated services including wind resource assessment, project execution, operations, and maintenance for wind energy projects. Suzlon serves independent power producers, utilities, and corporate clients in India and international markets. The company is headquartered in Pune, India, and its shares are listed on the BSE.
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