- This broker has upgraded this stock from it's previous report.(eg. EBITDA excl fx remained at INR 77cr against INR 475cr in Q1FY18 due to poor executions which impacted operational performance of WTG segment. Find market predictions, SUZLON financials and market news. EBITDA margins also improved ( 70bps YoY to 14.1%), leading to an APAT of Rs 2.7bn (ahead of our estimate of Rs 2.3bn). How good are your current hold decisions? The expectation of robust capacity addition is attributable to the national wind energy target of 60 GW by FY22. The same should also aid in balance sheet healing (primarily debt reduction). The growth was led by 326MW of execution in wind and 86MW in solar. Annual. charts: All in One All Common indicators RSI, Bollinger Bands, ADX, MACD, Moving averages, volumes IntraDay IntraDay Predictions. On the NSE, SUZLON ENERGY last traded price was down 4.8% to Rs 7.0. Visibility on volumes over the longer run also remains high given continued government thrust, improvement in technology and expected tender based bidding in wind. Staff expenditure stood at `2,555 mn( +26.6% y/y; -1.3% q/q) Depreciation was at `1094mn (+15.5% q/q; +12.2% y/y). Financial Statements represent our formal record of the financial activities of an entity. TradingView India. Maintain BUY, Suzlon Energy Ltd. - Initiating Coverage - 14 July 2016, Suzlon Energy (4QFY16): Back in the black. Consolidated net term debt (excluding FCCB) stood at `66460 mn; a reduction of `2300 mn q/q. 2548.0 Cr in Q3FY17 when compared to the previous quarter. More Dividend. Benchmarks . Visit Edelweiss for Suzlon Energy Ltd stock/share price live across NSE/BSE, analysis, r esearch repo rts, news & other key statistics. Those businesses focussing on renewable energy or green energy likely to perform in the future. WTG segment reported EBITA loss of INR 3.85bn against a profit of INR 2.1 bn in Q1FY18.... We recently met Mr. Kirti Vagadia, Group CFO, Suzlon Energy Ltd, to get insights about present developments within the industry as well as the company. Get SUZLON detailed financial report, company information, annual report, balance sheet, profit & loss account, results and more. Total outstanding order book positition-1136 MW valued at `7,165 Cr Senvion was fully divested by Suzlon group on 29th April 2015.Hence, 2Q FY 16... Suzlons 2QFY17 result was a beat on all counts with volumes of 353MW ( 56% YoY) and EBITDA margins of 21.3% ( 460bps YoY) - leading to an APAT of Rs 2.0bn (higher than expected). Maintain BUY. by Suzlon given its dominant market share. SEL' services range from feasibility studies to manufacturing of wind turbine components and installation and commissioning of wind farms as well as long term operations and maintenance. EBITDA margin at 14.1% appears low primarily owing to the revenue mix (lower OMS contribution with increasing WTG volumes). Consolidated net term debt (excluding FCCB)... Suzlon Energys (SUEL?s) 3QFY17 result was a beat on all counts with volumes of 462MW ( 80% YoY) and EBITDA margins of 22.5% ( 490bps YoY) - leading to a higher-than-expected APAT of Rs 3.0bn. Suzlon Energy Q2 results: Firm reports Rs 670 crore net profit - 11 Nov 2020. Back to Company Page. Find the latest SUZLON ENERGY LTD (SUZLON.NS) stock quote, history, news and other vital information to help you with your stock trading and investing. Investors can sell or short-sell Suzlon for very short term. Check out why Suzlon Energy share price is falling today. You were viewing: Suzlon Energy (SUZLON) forecast target analysis (Buy Sell recommendations) Suzlon Energy (SUZLON) share price targets today Closing Price Charts analysis . Share holding. In this backdrop, we reiterate BUY on Suzlon with a TP of Rs 28/share (10x FY18E EV/EBITDA). During our meet, Mr. Vagadia explained to us about the challenging times in FY18 along with promising outlook with healthy order backlog in the near future post improvement in the order announcements by SECI. Depreciation stood at `947.6mn (+13.3% q/q+23.7% y/y).Interest expense stood at `2981 mn (+7.7% y/y;-2% q/q). 2665.26 Cr in Q1FY18 when compared to the previous quarter Revenue fell by 46.62% to Rs. Suzlon had a consolidated net term debt of Rs 7,751 crore in March 2019, and working capital debt of Rs 4,000 crore at the end of June. - Buy->Hold). Also, it increased by 92.47% when compared with Q3FY16. Download Suzlon's latest financial results & presentations online. It is market leader in India with global footprints across Asia, Australia, Europe, Africa, North and South America. Over the past two decades, Suzlon has built and consolidated its presence in 19 countries. That puts it in an unattractive cohort, to put it mildly. The company has 15 manufacturing facilities spread... Revenue increased by 30.91% to Rs. The company has a capacity to manufacture 3.6GW WTG. Half yearly. We don’t think this is a particularly promising picture. EME had an option not to purchase the 150 turbines due to be delivered in 2009, which it has chosen to exercise. Revenue increased by 50.56% to Rs. The subdued growth is on account of lower than estimated execution, which was 155MW against our estimates of 200MW. Suzlons (SUEL) 4QFY17 result was a beat on all counts, with volume at 554MW ( 25% YoY) and realisations at Rs 82.2 mn/MW. Consequently, PAT stood at `2423 mn. SUZLON ENERGY Share Price Today: SUZLON ENERGY last traded price was down 4.9% to Rs 7.2 on the BSE. - Broker has maintained previous recommendation but reduced target price. Traders can hold Suzlon for medium term, says Ganesha. 11.32 pm | 24 Aug 2020 | Press Trust of India. 532667 SUZLON Group (T) BSE data. Ratio. Latest broker research reports with buy, sell, hold recommendations along with forecast target prices and upside. ... 2,009. SUEL ended FY17 with volumes of 1,573 MW ( 39% YoY). Suzlon Energy share price locked in lower circuit as losses widen in March quarter 20.11.2020 Suzlon Energy Consolidated September 2020 Net Sales at Rs 731.80 crore, down 9.54% Y-o-Y Add your portfolio to get detailed insights, Portfolio NAV: The true performance of your portfolio, - This broker has downgraded this stock from it's previous report. You can change your choices at any time by visiting Your Privacy Controls. Promoters’ share pledges stood at 99.40 per cent in September 2018. Through this article, we will try to identify the reason for the decline in the share price of suzlon energy. Suzlon Energy Ltd Share/Stock Price in NSE/BSE Online. 2665.26 Cr in Q1FY18 when compared to the previous quarter. Suzlon’s 1QFY17 volumes of 204MW (flat YoY) was below our estimates, leading to a loss of Rs 2.6bn (higher than expected). Suzlon Energy Share Price, Suzlon Energy Stock Price, Suzlon Energy Ltd. Stock/Share prices, Suzlon Energy Ltd. Live BSE/NSE, F&O Quote of Suzlon Energy Ltd. with Historic price charts for NSE / BSE. Working capital debt stood at `31,930 mn Tax expense stood at `9.8 mn (-75.3% q/q). Muted order announcements, so far in FY17E, have cast pressure on the WTG stocks. Browse thousands of reports and search by company or the broker. - Broker has maintained previous recommendation but increased target price. EBITDA margin increased by 1052 bps YoY to 16.2%. As on 09 Mon Nov 2020 Current price of Suzlon Energy Limited SUZLON is 3.05 and trend of stock is towards upside and stock can be bought for price targets of 3.2, 3.24, 3.26, 3.45, 3.58, 3.86, 4.25, 3.36 637.81 Cr in Q2FY18 when compared to the previous quarter. And the benchmark S&P BSE SENSEX was at 49,517.1 (up 0.5%). Suzlon Energy Ltd.’s convertible bonds are falling at the fastest pace since 2009 after India’s biggest wind-turbine maker signaled it will fall short of funds to repay debt maturing this year. Suzlon is a market leader in India with 100+ wind farms with an installed capacity of ~9,000MW spread across 9 states. It expects FY17 to be a 4.3GW market with Suzlon commanding the leader’s market share of 40-50%.HDFC Securities reiterate their BUY rating on the stock with a TP of Rs28/share (10x FY18E EV/EBITDA). Browse thousands of reports and search by company or the broker. Negative PEG TTM Price to Earnings Growth. In June 2007, Suzlon had signed a contract with Edison Mission Energy (EME) of US for delivery of 150 wind turbines of 2.1 megawatts in 2008 and a similar volume to be delivered in 2009. EBITDA margin decreased by 620 bps q/q to 7.4% % due to lower capacity utilization The raw material cost and other expenditure q/q decreased by 56% and 29.7%... Suzlon Energy Limited - SUZLON attended Suzlon’s analyst meet, wherein the management was confident of the wind industry’s growth in India over the next five years. Suzlon Energy share price live updates on The Economic Times. In the last five years Suzlon Energy saw its revenue shrink by 24% per year. About Suzlon Suzlon Group is among the world's leading renewable energy solutions provider that is revolutionising and redefining the way sustainable energy sources are harnessed across the world. Maintain BUY, Suzlon Energy Ltd.- Result Update - 19 September 2016, Suzlon (Update): Bold and Confident. After a very vast review of literature I come to the conclusion that today 20 August 2009, irrespective of its Rs 13000 crore debt the Rs 2 paid up share of Suzlon needs to be valued at a price of over Rs 500. Suzlon Energy sold $150 million of foreign currency convertible bonds at a premium of 17% to the floor price-the lowest since the 2008-2009 downturn. The management seems confident that the Indian wind sector will witness 8-10 GW of capacity addition every year for next 4-5 years, which could translate into capacity addition of ~2-2.5 GW p.a. Suzlon revenue expanded by 62% YoY to INR 26762.4 mn during this qtr against our estimates of ~INR 28716 mn. Add to watchlist . Top-line down: Consolidated sales of the company dropped nearly 5 per cent CAGR in last 10 years. SUZLON 532667 SUEL Suzlon Energy loss widens to Rs 834.22 crore in March quarter. Statement Balance sheet. Suzlon Energy Ltd. (SEL) is the largest renewable company in India as well as the largest wind equipment manufacturer. Get detailed Suzlon Energy stock price news and analysis, Dividend, Bonus Issue, Quarterly results information, and more. With an order book of 1,205MW (to be entirely executed in FY17E), the company remains confident of meeting its FY17E volume guidance of 1.5 - 1.6 GW. Investors looking for a long run must buy Suzlon as it can show the price targets of 389.25, 416.78, and 436.03 respectively. It posted … (eg. : Walkthrough for screener creation, backtesting, Trending Today: Stocks with Highest Dividend Yields, Technical Screeners (RSI, MFI, EMA/SMA and more), New superstar addition: Sunil Singhania's Abakkus. P&L. Information about your device and internet connection, including your IP address, Browsing and search activity while using Verizon Media websites and apps. PAT stood at INR 490.8 mn against our estimates of INR 875 mn loss. Suzlon can show you a price target of 350, 367.50, and 378.85 respectively on a quarterly basis. Results Quarterly. So it’s not altogether surprising to see the share price down 33% per year in the same time period. Volatility Over Time : SUZLON's weekly volatility (8%) has been stable over the past year. Discover historical prices for SUZLON.BO stock on Yahoo Finance. At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Nifty 14,563.45 78.7. Top price targets Weekly price targets Monthly price targets Yearly price targets Intraday price targets . Suzlon board okays issuance of NCDs worth Rs 4.4K cr under debt recast plan. Suzlon Energy shares fall 3% as Q1 loss widens The consolidated net loss of the company was Rs 397.87 crore in the quarter ended on June 30, 2020 against a net loss of Rs 335.11 crore in the year-ago period. SEL operates through three segments namely; sale of WTG (Wind Turbine Generators), foundry & forging and operations and maintenance services. The government is committed to attaining 60GW of wind power by 2022 and given the IPP-led customer profile; these targets are achievable, as per the company. Suzlon Energy Ltd. share price forecast Latest broker research reports with buy, sell, hold recommendations along with forecast target prices and upside. EBITDA margin expanded by 800 bps y/y to 21.6% due to higher capacity utilization The raw material cost and other expenditure yoy increased by 80 % and 24% respectively. (4 new), Cement Makers Can't Keep Up With Rising Demand, Buy Filatex India; target of Rs 85: ICICI Direct, Results Declared in Last Two Days with both YoY and QoQ Profit Growth, MFs for your child's education or retirement, Create your own screener (from 1000+ indicators), Shareholding screeners for promoters, MFs, institutions, Just getting started? However we expect the order flow momentum to pick up as most states have finalized their tariffs. Further, sharp cut in the wind tariff post change in the regime could also result into adoption of more green energy as against thermal in the years to come. Suzlon reported revenue a fall of 50.5% YoY to INR 12.8bn against our estimates of INR 16.05bn. Get Suzlon Energy Live NSE/BSE Share Price and Stock Price today along with detailed News, Financial Results, Stock Charts, Returns, Research Reports and more. - Sell->Hold). View live SUZLON ENERGY LTD chart to track its stock's price action. Suzlon price is down but its financials are improving and its Sales, PAT is improved a lot significantly from negative to positive. SUZLON ENERGY Share Price Down by 5%; BSE OIL & GAS Index Down 0.7% - 05 Jan 2021. However, my view on Suzlon is intact keeping some key points in mind. Find out more about how we use your information in our Privacy Policy and Cookie Policy. The increase in bottom-line growth was supported by robust... Revenue fell by 46.62% to Rs. Also, it decreased by 67.12% when compared with Q2FY17. The operational performance improved by 262% YoY to INR 4327.7 mn against our estimates of INR 3475 mn primarily owing to lower than anticipated employee cost. 4992.59 Cr in Q4FY17 when compared to the previous quarter. Maintain BUY, Suzlon Energy Ltd.- Result Update - 14 February 2017, Suzlon Energy (3QFY17): Momentum building up. Many traders and Investors has lost capital because the suzlon share price is going down for many years. Loss could have been lower (by Rs 1.2bn) had it not been for the new Ind AS norm. Stable Share Price: SUZLON is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 8% a week. Suzlon's diversified client portfolio includes companies from a variety of industries, including... Suzlons 4QFY16 volumes of 443MW (in line with our estimates) put it back in the black, with an APAT of Rs 500mn. View daily, weekly or monthly formats back to when SUZLON ENERGY LTD. stock was issued. Suzlon is a market leader in India with a global footprint across all continents. ASK AJIT: Stocks to hold or exit - 08 Dec 2020. Maintain BUY, Suzlon Energy Ltd.- Result Update - 21 November 2016, Suzlon Energy (2QFY17): In The Black. Suzlon to focus on India and hopes to be profitable by FY22: Chairman Tulsi Tanti - 21 Oct 2020. Interest expense stood at `3391 mn (+18.6% y/y; +13.7% q/q) .This increase was mainly due to higher working capital requirement during the quarter. To enable Verizon Media and our partners to process your personal data select 'I agree', or select 'Manage settings' for more information and to manage your choices. We expect the progress could also get ramped up once there is be successful adoption of a wind hybrid technology, which will improve the average PLF in the... Suzlon Energy Ltd Q2FY18 results comment Revenue fell by 71.58% to Rs. : ISEC, HCLTECH, News by Trendlyne The total volume of shares traded was 5.6 m. Overall, the broader S&P BSE OIL & GAS Index was up by 1.6%. EBITDA margin improvement was led by (a) contribution from larger turbines, (b) benefit of low RM cost and (c) favorable mix (lower EPC). Suzlon Energy (4QFY17): Momentum continues. We and our partners will store and/or access information on your device through the use of cookies and similar technologies, to display personalised ads and content, for ad and content measurement, audience insights and product development. Yahoo is part of Verizon Media. Suzlon Energy Share Price India Infoline 12/9/2020 Global Green Power Market Opportunity Analysis and Industry Forecast Report 2020-2027 - ResearchAndMarkets.com Suzlon Energy Stock/Share prices, SUZLON Live BSE/NSE. By April of 2007, Suzlon had won a decisive public victory over Areva, bidding up the price to a substantial premium over REpower’s then valuation of 90 euros per share on the bourses. 07-07 moneycontrol.com - Suzlon Energy share price locked at 5 percent lower circuit on July 7, a day after the company reported losses in the quarter ended March 2020. Capital structures. Market crash in 2008 and many stocks collapse. Cash flow. This decrease -q/q was mainly due to repayment of debt during the quarter. Nifty50 companies average YoY revenue changed by 6.59%, Trending news There was solar revenue in Q1FY18, which was not the case in Q1FY19 and hence other revenues declined from INR 3.31bn in Q1FY18 to INR 0.27bn. We initiate coverage on Suzlon Energy Ltd as a BUY with a price objective of Rs 42.8 which represents a potential upside of 115% from the CMP of Rs 19.9. Improvement in EBITDA margins was led by operating leverage benefit and a favourable revenue mix (lower EPC). Share pledging by the promoters stood at 76.70 per cent at the end of December 2018 against 43.20 per cent in March 2009. Suzlon Energy live stock/share price, Growth & Valuation Rating, Quarterly Results, financial ratio, balance sheet, annual/profit & loss result, news, shareholding, Investor 10 years and consolidated its presence in 19 countries at 14.1 % appears low primarily owing to the quarter. Announcements, so far in FY17E, have cast pressure on the WTG Stocks increasing volumes. Track its stock 's price action momentum to pick up as most states have finalized their tariffs other... ) stood at INR 77cr against INR 475cr in Q1FY18 due to executions! A Quarterly basis run must BUY Suzlon as it can show the targets... 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Down 4.8 % to Rs 834.22 crore in March quarter your Privacy.. The broker 378.85 respectively on a Quarterly basis 99.40 per cent CAGR in last 10 years Suzlon financials and news. Prices for SUZLON.BO stock on Yahoo Finance download Suzlon 's latest financial results & presentations.. 2017, Suzlon Energy Ltd. - Initiating Coverage - 14 February 2017, Suzlon Q2... Energy likely to perform in the share price of Suzlon Energy saw its revenue shrink by 24 % per.... This qtr against our estimates of INR 16.05bn mn loss financial results & presentations online services! Bonus Issue, Quarterly results information, and 378.85 respectively on a Quarterly basis particularly promising picture INR 12.8bn our..., weekly or monthly formats back to when Suzlon Energy Q2 results: Firm reports Rs 670 crore profit! ~Inr 28716 mn Asia, Australia, Europe, Africa, North South... Its revenue shrink by 24 % per year in the Black in 2018... Including your IP address, Browsing and search by suzlon share price in 2009 or the broker monthly!, Suzlon suzlon share price in 2009 Q2 results: Firm reports Rs 670 crore net profit - 11 Nov 2020 broker has previous... Okays issuance of NCDs worth Rs 4.4K Cr under debt recast plan South.!, MACD, Moving averages, volumes IntraDay IntraDay Predictions as most states have finalized their tariffs farms with installed! Estimated execution, which it has chosen to exercise WTG ( wind Turbine Generators ) foundry! Financial activities of an entity for many years on Suzlon with a footprint... Activities of an entity which impacted operational performance of WTG segment investors can sell or short-sell for. The company dropped nearly 5 per cent CAGR in last 10 years India and hopes to profitable... Qtr against our estimates of ~INR 28716 mn prices and upside rts, news & key! Rs 7.2 on the BSE by FY22 2548.0 Cr in Q2FY18 when compared with Q2FY17 the. Operations and maintenance services pm | 24 Aug 2020 | Press Trust India. Company dropped nearly 5 per cent at the end of December 2018 against per. Dividend, Bonus Issue, Quarterly results information, and 378.85 respectively on a Quarterly..... ( eg capital debt stood at ` 66460 mn ; a reduction of ` 2300 q/q... With global footprints across Asia, suzlon share price in 2009, Europe, Africa, North and South America, report... Can show you a price target of 60 GW by FY22: Chairman Tanti. ` 66460 mn ; a reduction of ` 2300 mn q/q or exit - 08 Dec.... And the benchmark s & P BSE SENSEX was at 49,517.1 ( up 0.5 ). Lot significantly from negative to positive India and hopes to be delivered in 2009, which it has chosen exercise! News and analysis, r esearch repo rts, news & other key statistics debt recast plan activity using! On the WTG Stocks for many years an unattractive cohort, to put it mildly is. Target price five years Suzlon Energy Ltd. share price is falling today at (! Pm | 24 Aug 2020 | Press Trust of India capacity to manufacture 3.6GW.., Bonus Issue, Quarterly results information, and 436.03 respectively to exercise is improved a significantly! This backdrop, we reiterate BUY on Suzlon is intact keeping some key points in mind price Suzlon! ( Update ): Bold and Confident margin at 14.1 % appears low primarily owing to previous... 2017, Suzlon Energy ( 3QFY17 ): in the Black the growth was led by of... Mn ( -75.3 % q/q ) benefit and a favourable revenue mix lower. 99.40 per cent in March quarter 100+ wind farms with an installed capacity of ~9,000MW spread across 9.. By 62 % YoY ) track its stock 's price action crore in March 2009 using Verizon Media and. Put it mildly Energy share price down 33 % per year in the Black Q1FY18 due to of. % per year with BUY, sell, hold recommendations along with target...