If there’s one stock that has surprised the market with an incredible turnaround, it’s Suzlon Energy. From trading as low as ₹1.70 in 2019 to climbing near ₹86 in 2024, the stock has delivered astonishing multibagger returns. But investors are asking—can it go even higher?
In this blog, we deep-dive into the Suzlon share price target for the years 2025 to 2050. We’ll also explore the company’s business model, fundamentals, shareholding pattern, and whether it’s still a good bet for long-term investors.
Suzlon’s Journey: From Penny Stock to Renewable Energy Giant
Suzlon was listed in 2005 with an IPO price of ₹5 and peaked at ₹459 in 2008. However, due to the global recession and heavy debt burden, the stock crashed. In 2019, it hit rock bottom at ₹1.70.
But the comeback story is inspiring. As of now, Suzlon is trading at ₹82.89, with a 52-week high of ₹86.04. It has not only reduced its debt but is also riding high on India’s push for renewable energy and a strong order book.
Suzlon Share Price Target 2025
Suzlon is expected to see strong performance in 2025, supported by government investments in clean energy and increased wind project deployments.
Monthly Suzlon Share Price Target for 2025
| Month | Target Price (₹) |
|---|---|
| June | ₹67 |
| July | ₹71 |
| August | ₹75 |
| September | ₹79 |
| October | ₹84 |
| November | ₹90 |
| December | ₹95 |
Annual Range:
- Minimum Target: ₹94.56
- Maximum Target: ₹142.63
Suzlon’s strong fundamentals and a healthy order book of 5,622 MW are expected to push the share price higher in 2025.
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Suzlon Share Price Target 2026 to 2030
With a consistent focus on innovation and global expansion, Suzlon is likely to maintain its growth momentum.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2026 | ₹102 | ₹198.26 |
| 2027 | ₹176 | ₹302.68 |
| 2028 | ₹314 | ₹440 |
| 2029 | ₹400 | ₹526.18 |
| 2030 | ₹458 | ₹630.50 |
These targets are based on the company’s improved debt position, growing project pipeline, and continued policy support for renewable energy.
Suzlon’s Business Model and Expansion Strategy
Suzlon is not just a wind energy company anymore. It is now moving aggressively into wind-solar hybrid solutions to offer integrated renewable power services. The company operates in 17 countries and has installed more than 13,000 wind turbines across the globe.
- Manufacturing Units: 14 plants across India
- Installed Capacity: Over 20 GW
- Presence: Asia, Europe, Americas, Australia, and Africa
- Employees: Over 7,700 skilled professionals
This diversification strategy adds a layer of stability to Suzlon’s future earnings and justifies higher long-term price targets.
Suzlon Energy Fundamental Analysis
Here’s a snapshot of Suzlon’s current financial health and valuation metrics.
| Fundamental Metric | Value |
|---|---|
| Market Cap | ₹1,11,617.99 Cr |
| EPS (TTM) | ₹0.16 |
| ROE | 3.74% |
| ROCE | 7.98% |
| P/E Ratio | 520.36 |
| P/B Ratio | 30.04 |
| Book Value | ₹2.72 |
| Debt-to-Equity Ratio | 0.05 |
| Sales Growth | 7.51% |
| Profit Growth (YoY) | -95.68% |
| Dividend Yield | 0% |
Though the profit growth is currently negative, Suzlon’s low debt and market cap expansion hint at strong future potential.
Suzlon Shareholding Pattern (June 2024)
Suzlon has a very healthy shareholding distribution with strong retail participation and rising institutional interest.
| Shareholder Type | Holding (%) |
|---|---|
| Promoters | 13.27% |
| Foreign Institutions | 20.63% |
| Domestic Institutions | 10.07% |
| Public & Retail | 56.04% |
The relatively low promoter holding is compensated by high public and institutional confidence in the stock.
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Suzlon Share Price Target 2035 to 2050
The long-term view of Suzlon is extremely bullish. As renewable energy becomes mainstream and India’s energy demand grows, Suzlon is likely to be one of the biggest beneficiaries.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2035 | ₹750 | ₹1,070 |
| 2040 | ₹1,076 | ₹1,687 |
| 2045 | ₹1,645 | ₹2,256 |
| 2050 | ₹2,386 | ₹3,305 |
These numbers suggest the possibility of over 30x returns from current levels over the next 25 years, making it one of the top long-term investment candidates.
Suzlon’s Financial Outlook
Suzlon has worked hard to strengthen its financials over the years. The company has reduced its debt significantly and is now operating with better margins and cleaner books.
- Revenue (2025 Projection): ₹3,606 Cr
- Expense (2025 Projection): ₹3,095 Cr
- Profit Before Tax: ₹541.08 Cr
- Net Profit (Projected): ₹1,174 Cr
These financials reflect a strong foundation for future expansion.
Why Suzlon Can Become a Future Multibagger
Here are some solid reasons why experts believe Suzlon could deliver multibagger returns again:
- Renewable energy is the future – and Suzlon is at the heart of it.
- Strong government policy backing for clean and green energy.
- Hybrid energy focus adds new revenue streams.
- Global footprint ensures geographic diversification.
- Significant debt reduction has improved financial health.
- Strong order book and manufacturing capacity support long-term scalability.
FAQs About Suzlon Share Price Target
Q: Will Suzlon share touch ₹100?
Yes, it is expected to touch ₹100 either by the end of 2024 or early 2025.
Q: What is Suzlon share price target for 2025?
Between ₹94.56 and ₹142.63 depending on market sentiment and execution.
Q: What is the Suzlon share price target for 2030?
Between ₹458 and ₹630.50, as per current estimates.
Q: Is Suzlon a good stock for long-term investment?
Yes, considering its debt reduction, government push for renewable energy, and market position, it has strong long-term potential.
Q: Can Suzlon become a multibagger again?
Yes, it already has been, and analysts believe it can still deliver several-fold returns over the next 10–25 years.
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Final Verdict: Should You Buy Suzlon Shares?
If you’re a long-term investor who believes in India’s renewable energy growth story, Suzlon offers a strong opportunity. The Suzlon share price target suggests massive potential for wealth creation in the coming decades.
However, investors must stay cautious of short-term volatility, high P/E ratios, and evolving global energy dynamics. Always consult a financial advisor before investing.
If Suzlon delivers on its strategy, it could easily become one of India’s most celebrated turnaround stories in the clean energy sector.