Renewable Energy / Wind Energy Equipment Manufacturing & Solutions
Strategic Profile
The company has demonstrated strong execution with 66% growth in deliveries and 77% increase in EBITDA in the first nine months of FY26, showcasing the strength of its integrated business model. Suzlon was recently ranked among the Top 10 Most Sustainable Companies Globally for 2026 by Corporate Knights' Global 100 list — the only Indian company featured.
Cyborg Score Rationale
Suzlon reported Q3 FY2026 net profit of ₹445 crore (up 45% YoY), record quarterly deliveries of 617 MW, and an orderbook of 6.4 GW. The company maintains a strong net cash position of ₹1,556 crores with a 25+ GW project development pipeline.
Top Insights
Highest-ever quarterly deliveries of 617 MW in Q3 FY26 with consolidated revenue surging 48% YoY to ₹4,228 crore.
Key growth initiatives under Suzlon 2.0 include launching DevCo as a standalone FDRE project development vertical and transforming OMS into a digital-first platform.
Company has identified 23 GW of renewable potential sites with 7 GW of land under development.
Wind energy sector benefits from India's renewable energy expansion plans and favorable policy environment.
Named Competitors
Nordex — Global wind turbine manufacturer
Inoxwind — Indian wind turbine manufacturer
LM Wind Power — Blade manufacturer for wind industry
Recent Developments
(February 2026) Suzlon Q3 FY26 results approved - Record 617 MW quarterly deliveries and 45% profit growth
(January 2026) Suzlon secures 248.5 MW wind order from ArcelorMittal for Gujarat hybrid project
(January 2026) FIIs increase stake in Suzlon Energy to 23.73% in December quarter
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