Suzlon Energy Share Price Target 2026, 2027, 2028, 2029 To 2030

Share:
YearMinimum PriceMaximum Price
2026₹38₹85
2027₹66₹97
2028₹78₹122
2029₹103₹154
2030₹120₹180

Future Growth Factors of Suzlon Energy

Suzlon Energy Share Price Target 2026

Suzlon Energy Stock Price Target 2027

Suzlon currently has a record-breaking order book of around 6,400 megawatts (6.4 GW). The company is now entering into cutting-edge and profitable businesses beyond power generation, such as ‘green steel’ and ‘petrochemical decarbonization’. Although many projects are under construction at Suzlon, such as:

YearMinimum PriceMaximum Price
2027₹66₹97

Suzlon Energy Share Price Target 2028

Suzlon Energy is focusing on business expansion as the company has decided to open 3 new 
AI-Enabled Smart Blade Factories‘ to further increase its manufacturing capacity, which will be built in the states of Gujarat and Karnataka. The launch of these 3 new factories will increase the speed of turbine blade manufacturing, due to which the company will be able to deliver projects faster. Faster delivery means faster revenue generation. There will be much less wastage of raw materials in AI (Artificial Intelligence) driven factories. Digital upgrades will reduce the company’s production costs. The more accurately the blades of a wind turbine can be manufactured, the more electricity it can generate. (Source: The Economic Times)

If these three AI-powered factories are launched on a full scale by 2028, according to our analysis, Suzlon Energy’s share price target in 2028 could be in the range of ₹78 to ₹122.

YearMinimum PriceMaximum Price
2028₹78₹122

Suzlon Energy Share Price Target 2029

The government has made it mandatory for all the power distribution companies or Discoms in the country to purchase a certain percentage of wind power (Wind RPO). But how can this affect Suzlon Energy Business? This means that a certain demand for wind power has been created in the market. Power companies will be forced to buy wind power, and project developers will be forced to buy turbines from market leaders like Suzlon to generate that power. Also, since wind power is usually generated in coastal or remote areas, the government is creating ‘Green Energy Corridors’ to deliver electricity from there to homes, factories and other places through power transmission lines. (Source: Ministry of Power, Government of India)

According to our analysis, if the government supports and invests in the renewable energy sector in this way, then Suzlon Energy’s share price target is estimated to be in the range of ₹103 to ₹154 in 2029.

YearMinimum PriceMaximum Price
2029₹103₹154

Suzlon Energy Share Price Target 2030

The Indian government has set a huge target of generating 500 GW of non-fossil fuel (green energy) in the country by 2030 and 100 GW of wind power. Due to this mega plan of the government, Suzlon can see massive growth in its business. It has also been informed by Suzlon Energy that by 2030, they will run all their factories on 100% renewable energy. As a result, the company’s revenue and profit may increase along with the ESG (Environmental, Social, and Governance) rating, which will attract big foreign investors.

According to our analysis, it is estimated that Suzlon Energy’s share price target in 2030 could be in the range of ₹120 to ₹180.

YearMinimum PriceMaximum Price
2030₹120₹180
Dec 2025Sep 2025Jun 2025Mar 2025
Sales4,2363,8713,1323,790
Operating Profit738721599693
OPM%17%19%19%18%
Net Profit4451,2793241,181
EPS₹0.33₹0.94₹0.24₹0.87
 Note: All figures in Crores, except EPS

Financial Performance (YoY Results)

In the table below, we have discussed how Suzlon Energy’s financial performance is growing year on year in terms of revenue, profit, etc., from March 2023 to March 2025.

TTMMar 2025Mar 2024Mar 2023
Sales15,02910,8906,5295,971
Operating Profit2,7521,8631,037833
OPM%18%17%16%14%
Profit before tax2,1401,4476592,892
Net Profit3,2302,0726602,887
EPS in Rs2.381.530.492.28
Dividend Payout %N/A0%0%0%
ReservesN/A3,3741,199-1,355
BorrowingsN/A3231501,938
Total AssetsN/A12,9607,1795,523
 Note: All figures in Crores, except EPS

Suzlon Energy Peer Comparison

The table below compares Suzlon Energy and some of its competitors, such as Inox Wind, Inox Green Energy Services, KP Energy, and BHEL, in a peer analysis. This will give you a better understanding of how Suzlon is performing compared to its competitors.

CompanyP/EP/BROEROCEMarket Cap
Suzlon Energy22.69.3041.4%32.5%₹73,127 Cr
Inox Wind35.12.6411.7%11.5%₹17,604 Cr
Inox Green Energy Services88.83.301.02%2.60%₹7,122 Cr
K.P. Energy16.56.4245.4%41.7%₹2,448 Cr
BHEL1444.822.12%4.87%₹1,17,586 Cr
P/E = Price to Earning // P/B = Price to Book Value // ROE = Return on Equity // ROCE = Return on capital employed

Share Holding Pattern

According to the latest data of Suzlon Energy as of March 2026, promoters’ holding is only 11.73%. FIIs have increased their holding slightly in this quarter, while DIIs have reduced their holding slightly. There is no government shareholding till now, and public holding is now 55.23%.

Shareholder TypesMarch 2026December 2025September 2025June 2025March 2025December 2024
Promoters 11.73%11.73%11.73%11.75%13.25%13.25%
FIIs23.85%23.73%22.70%23.02%23.04%22.87%
DIIs9.18%9.23%10.14%10.17%8.73%9.31%
Public55.23%55.29%55.40%55.07%54.98%54.56%
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FAQ

Is Suzlon Energy a good stock to buy?

Suzlon is currently a net debt-free company, with a strong order book of over 6.4 GW, which is a good sign for long-term investors. However, since it is a high-beta stock, it also carries a degree of risk, so it is important to consult your financial advisor before investing.

Apu Hazra founder of StockPriceTarget.in and stock market research analyst

Apu Hazra is the founder of StockPriceTarget.in and DividendBonus.com. He is a retail investor and stock market research writer who focuses on company analysis, market trends and long-term investing insights in simple language.

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