Company Suzlon Energy Limited

Equities

SUZLON

INE040H01021

Renewable Energy Equipment & Services

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Company contact information

Group companies

Sector

Sales per Business

Sales per region

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Wind Systems & Equipment

Market Closed - NSE India S.E. Other stock markets 07:40:31 2024-04-24 am EDT			5-day change	1st Jan Change
41.8 ^INR	-0.12%		+3.21%	+9.42%

Mar. 28	National Faceless Assessment Centre, Income Tax Department Issues Orders for Fiscal Year 2015-16 and Fiscal Year 2016-17 Levying Penalty on Suzlon Energy Limited	CI
Mar. 23	Suzlon Energy Limited Announces Rajasthan GST Department Has Rectified Its Order	CI

Suzlon Energy Limited specializes in development, manufacturing and marketing of generation systems of wind energy. Net sales break down by activity as follows:

- sale of wind turbines (56.4%): owns, at the end of March 2019, an installed capacity of over 18,000 MW;

- operation and maintenance services (35.9%);

- sale of casting and forging components (6%). The group also markets transmission boxes;

- other (1.5%): primarily wind energy production.

At the end of March 2019, the group had 14 manufacturing plants located in India.

Net sales are distributed geographically as follows: India (84.2%), the United States and Canada (10.3%), Europe (2.1%) and other (3.3%).

Number of employees: 6,000

INR in Million	2022	Weight	2023	Weight	Delta
Wind Turbine Generators 62.7 %	43,299	66.4 %	37,310	62.7 %	-13.83%
Operations and Maintenance Service 30.7 %	17,826	27.3 %	18,228	30.7 %	+2.26%
Foundry and Forging 6.5 %	3,997	6.1 %	3,857	6.5 %	-3.50%
Others 0.1 %	77	0.1 %	73	0.1 %	-5.94%

INR in Million	2022	Weight	2023	Weight	Delta
India 94.8 %	61,494	94.3 %	56,399	94.8 %	-8.28%
Others 2.8 %	2,046	3.1 %	1,639	2.8 %	-19.92%
Europe 1.4 %	680	1.0 %	807	1.4 %	+18.67%
United States 1.0 %	-	-	624	1.0 %	-

Managers	Title	Age	Since
Vinod Ranchhod Tanti FOU	Founder	61	95-04-09
Jayarama Prasad Chalasani CEO	Chief Executive Officer	66	16-04-03
Himanshu Pradeep Mody DFI	Director of Finance/CFO	46	21-07-31
Ishwar Chand Mangal COO	Chief Operating Officer	-	95-12-31
Geetanjali Santosh Vaidya CMP	Compliance Officer	-	19-12-27
Bernhard Telgmann CTO	Chief Tech/Sci/R&D Officer	-	16-12-31
Punit Dave IRC	Investor Relations Contact	-	-
Manoj Bakshi PRN	Corporate Officer/Principal	-	-
Sandeep Lonkar PRN	Corporate Officer/Principal	-	-
Nilesh Vaishnav PRN	Corporate Officer/Principal	-	-

Members of the board	Title	Age	Since
Girish Ranchhod Tanti BRD	Director/Board Member	54	95-12-03
Gautam Bhailal Doshi BRD	Director/Board Member	71	20-05-03
Per Hornung Pedersen		70	-
Marc Andre Roger Desaedeleer BRD	Director/Board Member	-	12-03-31
Vinod Ranchhod Tanti FOU	Founder	61	95-04-09
Pranav T. Tanti BRD	Director/Board Member	-	-
Seemantinee Khot BRD	Director/Board Member	64	20-03-15
Sameer Kantilal Shah BRD	Director/Board Member	65	20-02-26

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	13,612,688,222	9,805,587,862 ( 72.03 %)	0	72.03 %

Name	Equities	%	Valuation
Tanti Holdings Pvt Ltd. 5.161 %	701,972,874	5.161 %	341 M ₹
Shanghvi Finance Pvt Ltd. 3.879 %	527,661,693	3.879 %	256 M ₹
Belgrave Capital Management Ltd. 3.482 %	473,548,975	3.482 %	230 M ₹
Rambhaben Ukabhai 3.479 %	473,176,759	3.479 %	230 M ₹
Samanvaya Holdings Pvt Ltd. 2.690 %	365,856,353	2.690 %	178 M ₹
Suraksha Buildwell LLP 1.410 %	191,777,609	1.410 %	93 M ₹
Neostar Developers LLP 1.090 %	148,191,704	1.090 %	72 M ₹
Real Gold Developers LLP 1.090 %	148,191,704	1.090 %	72 M ₹
Amrik Singh & Sons Crane Services Pvt Ltd. 1.061 %	144,257,207	1.061 %	70 M ₹
Life Insurance Corporation of India (Investment Portfolio) 1.029 %	139,905,986	1.029 %	68 M ₹

Suzlon Energy Ltd.

One Earth Hadapsar

411028, Pune

+91 20 6702 2000

http://www.suzlon.com/

Name	Category and Sector
AE-Rotor Holding BV AE-Rotor Holding BV Financial ConglomeratesFinance Part of Suzlon Energy Ltd., AE-Rotor Holding BV is a financial vehicle. The private company is based in Amsterdam, Netherlands.	Financial Conglomerates
SE Forge Ltd. SE Forge Ltd. Metal FabricationProducer Manufacturing SE Forge Ltd. manufactures iron casting products. Its products include Hub, Main Frame, Planet Carrier, Torque Arm, Tower Flanges, Bearing Rings, Oil and Gas Rings, Shrink Disc and Gear–Rings and Blanks. The company was founded in 2005 and is headquartered in Coimbatore, India.	Metal Fabrication
Suzlon Wind Energy Corp. Suzlon Wind Energy Corp. Electric UtilitiesUtilities Suzlon Wind Energy Corp. manufactures electrical power generation equipment. The company was founded on March 15, 2005 and is headquartered in Chicago, IL.	Electric Utilities
Suzlon Energy BV
Suzlon Generators Ltd. Suzlon Generators Ltd. Alternative Power GenerationUtilities Suzlon Generators Ltd. provides wind energy services. It offers motors and generators. The company is headquartered in Pune, India.	Alternative Power Generation
Suzlon Gujarat Wind Park Ltd.
Suzlon Power Infrastructure Pvt Ltd.
Suzlon Global Services Ltd. Suzlon Global Services Ltd. Electrical ProductsProducer Manufacturing Suzlon Global Services Ltd. provides renewable energy solutions. It specializes in renewable energy, wind power, wind turbine and solar energy. The company founded in 2002 and is headquartered in Pune, India.	Electrical Products
Tarilo Holding BV Tarilo Holding BV Financial ConglomeratesFinance Part of Suzlon Energy Ltd., Tarilo Holding BV functions as an offices of bank holding Dutch company. The private company is based in Amsterdam, Netherlands.	Financial Conglomerates
Suzlon Wind Energy Uruguay SA
Valum Holding BV Valum Holding BV Miscellaneous Commercial ServicesCommercial Services Part of Suzlon Energy Ltd., Valum Holding BV provides management and financial services and functions as an investment holding Dutch company. The private company is located in Netherlands.	Miscellaneous Commercial Services
Seventus LLC

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

41.8 INR

Average target price

50.33 INR

Spread / Average Target

+20.41%

Consensus

Estimates Revisions

Company calendar

Renewable Energy

Renewable Energy

Renewable Energy Equipment & Services

Wind Systems & Equipment

	1st Jan change	Capi.
SUZLON ENERGY LIMITED	+9.42%	6.84B
SANY RENEWABLE ENERGY CO.,LTD.	-5.59%	4.52B
GOLDWIND SCIENCE AND TECHNOLOGY CO., LTD.	-8.62%	3.76B
INOX WIND LIMITED	+20.64%	2.35B
TITAN WIND ENERGY (SUZHOU) CO.,LTD	-19.83%	2.28B
DAJIN HEAVY INDUSTRY CO.,LTD.	-28.44%	1.67B
CS WIND CORPORATION	-26.07%	1.56B
CENTURY WIND POWER CO., LTD.	+39.21%	1.46B
JIANGSU HAILI WIND POWER EQUIPMENT TECHNOLOGY CO., LTD.	-28.13%	1.28B
PNE AG	-3.32%	1.09B

Wind Systems & Equipment