Today in this post of Target price we are going to predict the best renewable energy company Suzlon Energy Share Price Target 2023, 2024, 2025, 2026,2027,2028,2029, 2030.
Also it is based on the information available on internet and also some of my experiences.
Now, as you know day by day renewable energy sources are coming front for the applicants as it reduces ous from various hazards.
Today We will analysis the following points given on the table of content you can follow it to read the article.
Now let’s start the article without futher due.
Company Overview
Suzlon is one of the best renewable energy company in our country which is a multinational wind turbine manufacturer andrenewable energy provider.
Also it world’s leading wind turbine manufacturers with having capacity of 19 GW of cumulative installed capacity.
It’s headquarter is situated in Pune, India and also it takes over its buissness to over 17+ countries which is huge for a company.
| Aspect | Information |
|---|---|
| Company Name | Suzlon Energy Limited |
| Founded | 1995 |
| Headquarters | Pune, India |
| Industry | Wind Energy |
| Key Products | Wind Turbines |
| Revenue | ₹59Billion (5,900Cr) |
| Net income | ₹100.9 Crore (100.9Cr) |
| Diluted EPS | 0.08 |
| Net profit margin | 7.49% |
| Website | www.suzlon.com |
Company Model
Suzlon Industries also offers variety like design, manufacture, installation, and maintenance of wind turbines.
Also they offer other renewable energy such as solar power and energy storage.
Fundamentals
Suzlon Energy has a strong track record of growth. The company’s revenue has grown at a CAGR of over 20% in the past five years.
| Company Essentials | Value |
|---|---|
| MARKET CAP | ₹ 43,696.73 Cr. |
| ENTERPRISE VALUE | ₹ 45,738.10 Cr. |
| NO. OF SHARES | 1,361.27 Cr. |
| P/E | 0 |
| P/B | 12.63 |
| FACE VALUE | ₹ 2 |
| DIV. YIELD | 0 % |
| BOOK VALUE (TTM) | ₹ 2.54 |
| CASH | ₹ 290.63 Cr. |
| DEBT | ₹ 2,332 Cr. |
| PROMOTER HOLDING | 13.29 % |
| EPS (TTM) | ₹ 0.11 |
| SALES GROWTH | 11.13% |
| ROE | 0 % |
| ROCE | 126.41% |
| PROFIT GROWTH | 336.97 % |
Suzlon is also having a net profit margin of over 10%.
Financials
| Financial Year | Mar-2023 | Mar-2022 | Mar-2021 | Mar-2020 | Mar-2019 |
|---|---|---|---|---|---|
| Sales | 5,971 | 6,582 | 3,346 | 2,973 | 5,025 |
| Expenses | 5,139 | 5,692 | 2,811 | 3,833 | 5,033 |
| Operating Profit | 832 | 889 | 534 | -860 | -9 |
| OPM % | 14% | 14% | 16% | -29% | -0% |
| Other Income | 20 | 22 | 20 | 28 | 50 |
| Interest | 421 | 735 | 996 | 1,367 | 1,270 |
| Depreciation | 260 | 260 | 258 | 419 | 342 |
| Profit Before Tax | 2,892 | 0 | 105 | -2,684 | -1,543 |
| Tax % | 0% | 41,647% | 4% | -0% | 1% |
| Net Profit | 2,887 | -166 | 100 | -2,691 | -1,531 |
| EPS | 3 | -0 | 0 | -5 | -3 |
| Summary | Jun 2023 | Mar 2023 |
|---|---|---|
| Promoter | 14.5% | 14.5% |
| FII | 7.8% | 7.6% |
| DII | 5.9% | 5.6% |
| Public | 71.8% | 72.3% |
| Others | 0.0% | 0.0% |
Competitors
There are many competitors are coming in this industry as a result Suzlon has good amount of Competitors now in this field such as Vestas, Siemens Gamesa, and GE Renewable Energy.
There is only a up graph for Suzlon Energy Share Price as its price is increasing only it’s not in a mood to decrease because of company’s fundamental and performance is good.
From price of 5₹ to 32₹ now in 2023 and I think so it will increase soon more.
Analysis Rating
| Category | Rating |
|---|---|
| Ownership | |
| Valuation | – |
| Efficiency | |
| Financials |
Below is the table of Suzlon Share Price Target from 2023 to 2050.
According to authors.
| DATE | AUTHOR | TARGET | TYPE |
|---|---|---|---|
| 29 JUN 2023 | ICICI Securities Limited | 22.00 | Buy |
| Minimum Target: | 40₹ |
| Maximum Target: | 43₹ |
Day by day government of India is giving a push to energy made from renewable sources hence it’s stock price may rise more in the futher and also it can have 43₹ max and also it can increase till December Of 2023.
That means Suzlon Share Price Target 2023 will be 45₹ at the end of December.
| Minimum Target: | 46₹ |
| Maximum Target: | 50₹ |
Suzlon Energy is India’s leading wind turbine manufacturer and has a strong market share in both the domestic and international markets.
Analysts expect its share price to reach Rs 50₹ by September 2024.
| Minimum Target: | 50₹ |
| Maximum Target: | 59₹ |
In future, Suzlon is really going to lead the market hence we predicted Suzlon Energy Share Price Target 2025 to be 50₹ to 59₹.
As till 2025, many possibilities of government to strictly make use of renewable sources for all its manufacturer’s.
| Minimum Target: | 60₹ |
| Maximum Target: | 70₹ |
Analysts expect Suzlon Energy Share Price Target 2026 to reach ₹60-₹70. Due to financially good in status.
We expect Suzlon Energy Share Price Target 2027 to reach ₹72-₹83. Due to financially good in status.
| Minimum Target: | 72₹ |
| Maximum Target: | 83₹ |
Now as per our knowledge we expect Suzlon Energy Share Price Target 2030 to reach 85₹-130₹. Due to financially good in status.
| Minimum Target: | 85₹ |
| Maximum Target: | 130₹ |
We expect Suzlon Energy Share Price Target 2027 to reach ₹130-₹150. Due to financially good in status.
| Minimum Target: | 130₹ |
| Maximum Target: | 150₹ |
FAQ You May Ask Us
Is Suzlon a good buy 2023?
Yes it is good to buy Suzlon as it will be only increasing till 2050 as per our knowledge as government are focusing nowaday on renewable energy.
Is Suzlon a good buy for long term?
Definitely Yes, Why because renewable energy is going to boom in India soon.
What is the target price of Suzlon in 2030?
According to our predictions it can be from 85₹ to 130₹ in 2030.
What is the target of Suzlon Energy in 2024?
Now Suzlon share price increase 400% in 6 months in November 2023. So definitely it is going to boom the market in 2024 too.
Conclusion
So finnally we predicted Suzlon’s Energy Share Price Target 2023, 2024, 2025, 2026,2027,2028,2029, 2030 now it’s your turn to decide whether to buy or not.
W like to conclude that this stock is a green signal to buy.
If you hold it till 2025 it will be a good stock and a best descision for you.
Also read:
- Hdil Share Price Target
- Yes Bank Share Price Target
- Trident Share Price Target
- Empower India Share Price Target
- Rec Share Price Target 2025
Also comment us which stock in your portfolio is going to perform best in 2024.
