Suzlon Share Price Target : India’s rapid shift toward clean and renewable energy is reshaping the power sector, with wind energy playing a crucial role in meeting long-term electricity demand. Strong government policy support, rising power consumption, and climate commitments are creating a favourable environment for renewable energy companies. Among them, Suzlon Energy Limited continues to attract strong investor interest due to its improving financial health and positioning in the wind power space.
This article takes a closer look at Suzlon’s business model, fundamentals, growth drivers, and projected share price targets from 2026 to 2030.
Can Suzlon Benefit From India’s Renewable Energy Push?
India has set ambitious renewable energy capacity targets for the coming decade, with wind and solar expected to form a large share of new installations. Wind energy remains one of the most cost-effective clean energy sources for large-scale utility projects. With policy continuity, grid expansion, and growing demand from industrial users, companies operating in the wind energy segment are likely to see sustained opportunities. Suzlon, as one of India’s largest wind turbine manufacturers, stands well placed to benefit from this transition.
What Does Suzlon Energy Do?
Suzlon Energy operates primarily in the wind power sector and offers end-to-end renewable energy solutions. Its core operations include wind turbine manufacturing, project development and installation, and long-term operations and maintenance services. The company is also expanding its presence in wind–solar hybrid projects, aligning itself with the evolving needs of renewable energy developers and utilities.
Why Suzlon Is Important for the Renewable Energy Sector
Suzlon plays a key role in India’s renewable ecosystem due to its domestic manufacturing base, large installed capacity, and long operating history. Key growth drivers for the company include strong government focus on renewable energy, rising demand for wind power, significantly reduced debt levels, improved profitability, and opportunities in exports and technology upgrades. As renewable energy adoption accelerates, Suzlon’s scale and experience give it a competitive advantage.
Suzlon Fundamental Analysis Snapshot
Suzlon’s fundamentals have improved sharply over the past few years, reflecting balance sheet repair and better operating performance.
- Market Capitalisation: ₹70,418 crore
- Return on Equity (ROE): 40.37%
- P/E Ratio: 22.22
- P/B Ratio: 8.99
- Debt-to-Equity: 0.05
- EPS (TTM): ₹2.33
- Dividend Yield: 0.00%
- Book Value: ₹5.76
Low debt levels combined with a high ROE indicate a significant turnaround in Suzlon’s financial position compared to its past stress years.
Suzlon Share Price Target 2026
By 2026, demand for renewable energy is expected to remain strong, supported by favourable policies and steady project awards. Improved execution and balance sheet strength could support moderate stock appreciation.
Expected range: ₹50 to ₹60
Suzlon Share Price Target 2027
In 2027, higher order inflows, new project commissioning, and better capacity utilisation may support revenue growth. Export opportunities and technology upgrades could keep investor sentiment positive.
Expected range: ₹62 to ₹69
Suzlon Share Price Target 2028
By 2028, Suzlon may emerge as a more stable and mature renewable energy company. Improved supply chain efficiency and cost control could lead to better margins and earnings visibility.
Expected range: ₹71 to ₹82
Suzlon Share Price Target 2029
In 2029, Suzlon could further strengthen its position as a leading renewable energy player. Stable earnings, repeat orders, and expansion plans may support steady stock performance.
Expected range: ₹85 to ₹95
Suzlon Share Price Target 2030
By 2030, as clean energy adoption peaks globally, Suzlon is expected to have a wider domestic and international footprint. Rising renewable investments and long-term power demand could drive sustained returns.
Expected range: ₹94 to ₹107
Suzlon Share Price Target Table (2026–2030)
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2026 | ₹50 | ₹60 |
| 2027 | ₹62 | ₹69 |
| 2028 | ₹71 | ₹82 |
| 2029 | ₹85 | ₹95 |
| 2030 | ₹94 | ₹107 |
Suzlon Shareholding Pattern
Suzlon’s shareholding shows strong retail participation, indicating high public interest in the stock.
- Retail & Others: 55.40%
- Promoters: 11.73%
- Foreign Institutions: 22.70%
- Mutual Funds: 4.91%
- Other Domestic Institutions: 5.25%
Conclusion
Suzlon Energy remains a high-potential renewable energy stock riding India’s clean energy transition. A repaired balance sheet, strong policy tailwinds, and rising wind power demand support its long-term growth story. However, execution risks, competition, and broader market volatility should always be considered. Long-term investors may find Suzlon attractive, provided they maintain a disciplined investment approach.
Disclaimer: This article is for educational and informational purposes only and should not be considered investment advice. Stock market investments are subject to market risks. Please consult a certified financial advisor before making any investment decisions.