Suzlon Energy Ltd: Why Is It Outperforming Nifty 500?

Suzlon Energy Ltd's latest quarterly results (Mar 2026) show

• PAT Growth YoY: -5.7% (inflecting downward)
• Revenue Growth YoY: +44.9%
• Operating Margin: 18.0% (volatile)

Suzlon Energy Ltd's profit is declining with an inflecting downward trend.

• PAT Growth YoY: -5.7% (latest quarter)
• PAT Growth QoQ: +150.3% (sequential)
• 3-Year PAT CAGR: +3.1%
• Trend: Inflecting downward — consistent growth pattern

Suzlon Energy Ltd's revenue growth trend is stable.

• Revenue Growth YoY: +44.9%
• Revenue Growth QoQ: +29.7% (sequential)
• 3-Year Revenue CAGR: +41.0%

Suzlon Energy Ltd's operating margin is volatile.

• Current OPM: 18.0%
• OPM Change YoY: 0.0% basis points
• OPM Change QoQ: +1.0% basis points

Suzlon Energy Ltd's long-term compounding rates

• 3-Year Profit CAGR: +3.1%
• 3-Year Revenue CAGR: +41.0%

Suzlon Energy Ltd's earnings growth is inflecting downward with mixed signals on a sequential basis.

• YoY Acceleration: -20.4% bps
• Sequential Acceleration: +100.0% bps

Suzlon Energy Ltd's trailing twelve month (TTM) performance

• TTM PAT: ₹3,000 Cr
• TTM PAT Growth: +52.6% YoY
• TTM Revenue: ₹17,000 Cr
• TTM Revenue Growth: +53.6% YoY
• TTM Operating Margin: 18.2%

Suzlon Energy Ltd appears significantly overvalued based on our fair value analysis.

• Valuation Signal: Significantly Overvalued
• Current PE: 24.6x
• Price-to-Book: 8.2x

Suzlon Energy Ltd's current PE ratio is 24.6x.

• Current PE: 24.6x
• Market Cap: 77.9K Cr

Suzlon Energy Ltd's current PE is 24.6x.

• Current PE: 24.6x
• Valuation Assessment: Significantly Overvalued

Suzlon Energy Ltd's price-to-book ratio is 8.2x.

• Price-to-Book (P/B): 8.2x
• Book Value per Share: ₹7
• Current Price: ₹57

Suzlon Energy Ltd is rated Average with a fundamental score of 50/100. This score is calculated from objective financial metrics

• Revenue Growth YoY: +44.9% (10% weight)
• PAT Growth YoY: -5.7% (10% weight)
• PAT Growth QoQ: +150.3% (10% weight)
• Margins stable (10% weight)

Suzlon Energy Ltd has a debt-to-equity ratio of N/A.

• Total Debt: ₹556 Cr

Suzlon Energy Ltd's return ratios over recent years

• FY2024: ROCE 25.0%
• FY2025: ROCE 33.0%
• FY2026: ROCE 35.0%

Suzlon Energy Ltd's operating cash flow is positive (FY2026).

• Cash from Operations (CFO): ₹1,000 Cr
• Free Cash Flow (FCF): ₹288 Cr
• CFO/PAT Ratio: 38% (weak cash conversion)

Suzlon Energy Ltd currently does not pay a significant dividend (yield 0.00%).

• Dividend Yield: 0.00%
• Current Price: ₹57

Suzlon Energy Ltd's shareholding pattern (Mar 2026)

• Promoters: 11.7%
• FII (Foreign): 23.9%
• DII (Domestic): 9.2%
• Public: 55.2%

Suzlon Energy Ltd's promoter holding has remained stable recently.

• Current Promoter Holding: 11.7% (Mar 2026)
• Previous Quarter: 11.7% (Dec 2025)
• Change: 0.00% (stable)

Suzlon Energy Ltd has been outperforming Nifty 500 for 2 consecutive weeks, indicating early-stage outperformance.

Suzlon Energy Ltd is an established outperformer with 2 weeks of consecutive Nifty 500 outperformance.

Based on quantitative research signals, here is why Suzlon Energy Ltd may be worth studying

• Cash flow is positive — CFO ₹1,000 Cr

Suzlon Energy Ltd investment thesis summary:

Suzlon Energy Ltd's forward outlook based on current data signals

• Earnings Trend: inflecting downward
• Revenue Trend: stable
• Margin Trend: volatile
• Valuation: Significantly Overvalued