Suzlon Energy kicks off FY26 with a 55% YoY rise in revenue, profit up 7%, record Q1 deliveries of 444 MW, and orderbook reaching 5.7 GW. Discover key results, strategic outlook, and what analysts are tracking.
Suzlon Energy’s Q1 FY26 Earnings: A Strong Kick-Off to FY26
Suzlon Energy began the financial year on a confident note, delivering solid growth across all metrics for Q1 FY26. Let’s dive into what these numbers mean, how they stack up against expectations, and why investors are taking notice.
Q1 Performance Snapshot
| Metric | Q1 FY26 Result | YoY Change |
|---|---|---|
| Revenue | ₹3,117–3,165 crore | +54–55% |
| EBITDA | ₹599 crore | +62% |
| PAT (Net Profit) | ₹324 crore | +7% |
| Deliveries | 444 MW | Highest-ever Q1 |
| Order Book | 5.7 GW | 10th consecutive growth quarter |
| Net Cash | ₹1,620 crore | Strong balance sheet |
Sources: Skimming official results and press releases from Suzlon Energy, media outlets The Economic TimesFinancial ExpressNDTV ProfitSuzlon EnergyMoneycontrolThe Economic Times
What Drove the Growth?
1. Surge in Demand and Deliveries
Q1 witnessed record deliveries of 444 MW—a clear reflection of operational strength. This was powered by rigorous execution capabilities and a healthy repeat-order base. Both Commercial & Industrial (C&I) and Public Sector Undertakings (PSUs) contributed significantly.Business TodayMoneycontrol
2. Order Book Momentum
The order book expanded to 5.7 GW, marking the 10th straight quarter of growth. In Q1 alone, Suzlon secured 1 GW in new orders, reinforcing its market leadership.Suzlon Energy+1
3. Profitability and Efficiency Boost
EBITDA jumped ~62%, contributing to improved margins. Suzlon credited favorable cost mix, quick execution, and operational leverage for this upswing.Suzlon EnergyBusiness Today
4. Balance Sheet Fortification
With a net cash position of ₹1,620 crore, Suzlon is well-positioned to pursue growth without immediate funding constraints.Suzlon Energy
5. Robust Market Tailwinds
India’s national wind energy targets—122 GW by FY32—along with policies such as ALMM (Domestic Wind Equipment Standards) and on-the-horizon carbon market frameworks, lend strength to Suzlon’s strategic direction.Suzlon Energy
What Analysts Are Saying
“Order flow, strong deliveries, and margin uptick—combined with government thrust—makes Suzlon a high-conviction pick.”
The stock closed trading with minor dips, but many analysts remain bullish, targeting double-digit upside in the near term.NDTV ProfitThe Economic Times
FAQ’s
What is Suzlon Energy’s Q1 PAT?
It rose 7% YoY to ₹324 crore.MoneycontrolThe Economic Times
Revenue performance?
Revenue jumped a healthy 54–55%, amounting to ~₹3,117–3,165 crore.The Economic TimesFinancial Express
What’s driving growth?
Key drivers include record deliveries, strong order intake, improved margins, and a healthy net cash position.
What’s the outlook ahead?
The company is well-placed with strong fundamentals and favorable policy tailwinds. A watch on order conversion and margin sustainability is advised.
Final Thoughts
Suzlon Energy’s Q1 FY26 results send a clear message—it’s back in full stride. With robust numbers, projectile deliveries, and a relaxed debt profile, Suzlon is riding the clean energy wave with confidence. For investors thinking long-term within the green energy sector, this is one story you’ll want to keep monitoring closely.
Disclaimer
This article is for informational purposes only and does not constitute financial advice. All figures are from Q1 FY26 as reported by Suzlon Energy and trusted media outlets. Past performance is no guarantee of future results.
