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Earnings · Electric Equipment · Large cap

Suzlon hits record deliveries as annual profit climbs 53%

The wind turbine maker delivered 2,456 MW in FY26, fueling a 54% revenue jump to ₹16,679 crore and a net cash position of ₹2,384 crore.

4 earlier stories on Suzlon Energy Ltd.
Mkt cap₹78,165 cr
P/E24.71×
ROE33.93%
Debt / eq.0.05
₹3,163 cr Net profit after tax for FY26, up 53% year-on-year.

What's new

  • Consolidated revenue climbed 54% to ₹16,679 crore for FY26.
  • Annual wind turbine deliveries reached a record 2,456 MW in India.
  • The company finished the year with a net cash position of ₹2,384 crore.

Why this matters

Suzlon has moved from a debt-heavy past to a net cash position of ₹2,384 crore. This transition, backed by a 5.9 GW order book, suggests the company is finally capturing the scale required for consistent profitability.

What we're watching

  • Execution speed on the 5.9 GW order book.
  • The sustainability of margins as the company scales deliveries.
  • Future tax-credit impacts on net profit figures.

The full read

Suzlon Energy’s FY26 results mark a clear operational peak. The company delivered 2,456 MW of wind turbines in India, a record that pushed consolidated revenue up 54% to ₹16,679 crore. Profitability followed suit. Profit before tax jumped 67% to ₹2,422 crore, while net profit reached ₹3,163 crore. That is a massive turnaround. While a deferred tax credit provided a boost to the bottom line, the underlying shift is the company's balance sheet. Suzlon closed the year with a net cash position of ₹2,384 crore. With an order book of 5.9 GW66% of which is tied to public sector and commercial & industrial clients—the company has secured a stable pipeline. The transition from a debt-burdened entity to one with net cash is the real story here. The next test is whether it can maintain this delivery pace without sacrificing margins.

Questions answered

What drove Suzlon's revenue growth in FY26?
Revenue grew 54% to ₹16,679 crore, primarily due to record-high annual wind turbine deliveries of 2,456 MW within India.
How did the company's profit profile change?
Profit before tax rose 67% to ₹2,422 crore, while net profit after tax increased 53% to ₹3,163 crore. The net profit figure was aided by a deferred tax credit.
What is the status of the company's order book?
Suzlon holds an order book of approximately 5.9 GW. Public sector and commercial & industrial customers account for 66% of these orders.
What is the company's current liquidity position?
Suzlon ended the fiscal year with a net cash position of ₹2,384 crore.
Mentioned: Suzlon Energy
Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

  1. 25 May 2026 · 3:08 PM IST Suzlon hits record deliveries as annual profit climbs 53%
  2. today SEBI fines Suzlon ₹29 cr over old accounting lapses
  3. 4d ago Suzlon hits record wind deliveries as net cash climbs to ₹2,384 cr
  4. 5d ago Suzlon misses market share target despite record turbine deliveries
  5. 9d ago Suzlon Energy lands 195 MW wind turbine order from Sunsure Energy