Are you wondering whether Suzlon Energy share price can soar to new heights by 2030 or even double in 2025? As India’s renewable energy sector booms, Suzlon Energy, a leading wind energy company, has caught the attention of investors with its impressive recovery and growth potential. However, volatility and past financial challenges raise questions about its future performance. This SEO-optimized, 2025-compliant guide dives into Suzlon Energy share price targets for 2025 and 2030, exploring whether doubling is realistic, backed by expert analysis, market trends, and actionable insights. Whether you’re a seasoned investor or a beginner, this article will help you navigate Suzlon’s potential in the renewable energy market.
Why Suzlon Energy Is in the Spotlight
Founded in 1995 by Tulsi Tanti, Suzlon Energy is India’s leading wind turbine manufacturer and a global player in renewable energy solutions. With over 20 GW of installed wind energy capacity across 17 countries, Suzlon is capitalizing on the global shift toward clean energy. Recent financial recovery, a strong order book, and government support for renewable energy make Suzlon a compelling investment option.
Key Growth Drivers
- Rising Demand for Renewable Energy: India’s target of 100 GW wind energy by 2030 aligns with Suzlon’s expertise.
- Debt Reduction: Suzlon reduced its debt from ₹12,000 crore to manageable levels by 2025, improving its balance sheet.
- Strong Order Book: A 5,622 MW order book in 2025 signals robust future revenue.
- Government Support: Policies like the 25-year ISTS waiver and Budget 2024’s focus on offshore wind energy boost Suzlon’s prospects.
Case Study: In 2025, Suzlon secured a 1,166 MW wind energy project from NTPC Green Energy, reinforcing its market leadership and driving a 2.42% share price increase.
Suzlon Energy Share Price Performance (2021–2025)
Suzlon’s stock has shown remarkable growth, rising over 600% in three years (2022–2025). As of June 2025, the share price hovers around ₹66–75 on NSE/BSE, with a market cap of ₹90,498–93,017 crore. Here’s a snapshot of its financials:
| Year | Revenue (₹ Cr) | Net Profit (₹ Cr) | EPS (₹) | Share Price (₹) |
|---|---|---|---|---|
| 2021 | 3,345.72 | 100.34 | 0.14 | ~7–10 |
| 2022 | 6,581.78 | -166.19 | -0.22 | ~6–8 |
| 2023 | 5,970.53 | 2,887.29 | 2.64 | ~15–20 |
| 2024 | 6,529.09 | 660.35 | 0.50 | ~45–50 |
| 2025 | 10,889.74 | 2,071.63 | 1.52 | ~66–75 |
Source: Moneycontrol, Screener
Suggested Visual: A line graph showing Suzlon’s share price growth from 2021 to 2025, highlighting key milestones like debt reduction and major project wins.
Can Suzlon Energy Share Price Double in 2025?
Analysts are optimistic but cautious about Suzlon’s potential to double in 2025. With the current price at ₹66–75, doubling would mean reaching ₹132–150. Here’s why it’s possible—or not:
Bullish Factors
- Strong Financials: Q3 2024–25 saw a 90.56% net profit jump to ₹386.92 crore, with Q4 2025 profit at ₹1,180.98 crore.
- Analyst Targets: Forecasts for 2025 range from ₹51–₹142.63, with some aggressive estimates at ₹100–₹130.
- Sector Growth: India’s wind energy capacity is projected to double to 100 GW by 2030, benefiting Suzlon.
- Brokerage Confidence: Morgan Stanley and Motilal Oswal set targets of ₹71–₹75, with potential for higher gains if new orders materialize.
Bearish Factors
- High Valuation: A P/E ratio of 155.19 suggests overvaluation, which could cap upside potential.
- 북한: Volatility: Recent bearish trends and a 30% drop since October 2024 signal market caution.
- ISTS Waiver Uncertainty: The 25-year ISTS waiver ends in 2025, potentially impacting new orders.
Real-World Example: In May 2025, Suzlon’s shares rose 0.69% to ₹56.79 after positive Q4 results but faced resistance at ₹60–61, showing volatility.
Conclusion: Doubling in 2025 is ambitious but possible if Suzlon secures more large orders and maintains bullish momentum.
Suzlon Energy Share Price Target for 2030
Analysts project Suzlon’s share price for 2030 to range from ₹116–₹700, with a median estimate of ₹250–₹300. Key factors influencing this target include:
- Global Renewable Energy Demand: The global push for net-zero emissions will drive demand for Suzlon’s wind turbines.
- Technological Advancements: Innovations like carbon fiber turbines could improve efficiency and profitability.
- Market Expansion: Suzlon’s presence in 17 countries and new projects in Europe and Australia strengthen its outlook.
Internal Link: Learn more about investing in renewable energy stocks.
What’s New in 2025 for Suzlon Energy?
- Major Project Wins: A 100 MW wind farm contract from BPCL and a 1,166 MW project from NTPC Green Energy.
- Capacity Expansion: Manufacturing capacity increased to 4.5 GW from 3.15 GW.
- Financial Guidance: Suzlon projects 60% growth in revenue, EBITDA, and PAT, with a 17% EBITDA margin.
- R&D Investment: ₹225 crore allocated for R&D to enhance turbine technology.
Suggested Video: A webinar on Suzlon’s Q4 2025 earnings call, available on Suzlon’s website.
Pros and Cons of Investing in Suzlon Energy
| Pros | Cons |
|---|---|
| Strong position in India’s wind energy market | High P/E ratio indicates potential overvaluation |
| Robust order book of 5,622 MW in 2025 | Volatility due to market sentiment and policy changes |
| Debt reduction improves financial stability | Competition from global players like Vestas and Siemens Gamesa |
| Government support for renewable energy | Limited dividend yield (0% as of 2025) |
FAQ Section
1. Can Suzlon Energy share price double in 2025?
Doubling in 2025 would mean Suzlon’s share price reaching ₹132–150 from its current ₹66–75 range. Analysts’ targets for 2025 range from ₹51–₹142.63, with some optimistic forecasts at ₹100–₹130. Factors like a 90.56% profit jump in Q3 2024–25, a strong order book, and India’s wind energy growth support this possibility. However, high valuations (P/E 155.19) and volatility pose risks. Investors should monitor new project wins and market trends.
2. What is Suzlon Energy’s share price target for 2030?
Analysts predict Suzlon’s share price could reach ₹116–₹700 by 2030, with a median range of ₹250–₹300. This is driven by India’s 100 GW wind energy target, Suzlon’s 5,622 MW order book, and global demand for clean energy. Risks include competition and policy changes like the ISTS waiver ending. Investors should assess Suzlon’s ability to innovate and expand internationally.
3. Is Suzlon Energy a good long-term investment?
Suzlon is a strong long-term investment due to its leadership in India’s wind energy market, debt reduction, and a 5,622 MW order book. Its focus on sustainable energy aligns with global trends. However, risks like high valuations and competition from Vestas and Siemens Gamesa require careful consideration. Investors with a high-risk tolerance and long-term horizon may find Suzlon appealing.
4. What factors will drive Suzlon’s share price by 2030?
Key drivers include India’s 100 GW wind energy target, Suzlon’s technological advancements (e.g., carbon fiber turbines), and global market expansion. Government policies like tax breaks and renewable energy mandates will boost demand. Challenges like competition and policy uncertainties could impact growth. Investors should track Suzlon’s order book and financial performance.
5. How does Suzlon compare to competitors like Tata Power?
Suzlon focuses solely on wind energy, while Tata Power operates in wind, solar, and thermal energy. Suzlon’s 20 GW installed capacity and 31% market share make it a wind energy leader. Tata Power’s broader portfolio may offer stability but less focus on wind. Suzlon’s higher P/E ratio (155.19 vs. Tata Power’s ~30) suggests greater risk but also growth potential.
Conclusion
Suzlon Energy’s share price has significant growth potential, driven by India’s renewable energy push, a strong order book, and financial recovery. While doubling in 2025 is ambitious, analyst targets of ₹100–₹142.63 suggest it’s within reach if market conditions align. By 2030, Suzlon Energy share price targets of ₹250–₹300 reflect its long-term promise, though risks like volatility and competition remain. Investors should conduct thorough research and consult financial advisors. Share your thoughts on Suzlon’s future in the comments or sign up for our newsletter for more investment insights!