Q4 2026 Suzlon Energy Ltd Earnings Call Transcript
Key Points
- Suzlon Energy Ltd (BOM:532667) achieved a 60% growth in FY26, with EBITDA increasing by 63% and profit before tax rising by 6%.
- The company's WTG revenue grew by 65%, reflecting strong market demand and execution capabilities.
- Suzlon delivered a record 830 megawatts in Q4 and 2,456 megawatts in FY26, marking its highest-ever delivery in India.
- The order book stands at 5.9 gigawatts, with a significant portion (66%) from the fast-growing C&I and PSU segments.
- Suzlon's OMS business remains robust, managing over 15.7 gigawatts in India with machine availability consistently above 95%.
- Order inflow for the quarter appeared muted, raising concerns about potential declines in the coming quarters.
- The transition to EPC contracts is taking longer than expected, which may impact short-term order book growth.
- There is uncertainty regarding the impact of the DSM (Deviation Settlement Mechanism) changes on Suzlon's operations.
- The company faces challenges related to currency depreciation, which could affect margins despite some pass-through clauses.
- Working capital requirements have increased, primarily due to PSU contracts, which could strain cash flows.
Ladies and gentlemen, good day, and welcome to the Suzlon Energy Limited Q4 FY26 earnings conference call.
During this call, the company management may make certain statements that reflect their outlook for the future which could be construed as a forward-looking statements. These statements are based on management's current expectations and are associated with uncertainties and risks as detailed in the annual report. Actual results may differ so these statements should be reviewed in conjunction with the risks the company faces.
(Operator Instructions) Please note that this conference is being recorded. We will begin with the opening remarks followed by a question-and-answer session. (Operator Instructions)
From the management, we have with us Mr. J.P. Chalasani, Group Executive Counsel; Mr. Ajay Kapur, Group CEO; Mr. Rahul Jain, Group CFO and senior members of the finance team.
Over to you, J.P., Chalasani, sir.
Thank you. Good evening to each one of you. We
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
