Close 10 Sep 1505 scanned A
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BREADTH61%above 200-DMA
ADV / DEC558 / 939
NSE close 10 Sep

SUZLON

Suzlon Energy Limited
Capital GoodsLarge capRs 60,816 crRs 185.9 cr traded a dayInfrastructureManufacturingEnergy
Close on 10 September 2026
44.22
−2.71%
52-week range23% of the way up
39.5659.99
Market cap
60,816 cr
P/E (TTM)
27.0×
industry 48×
EPS (TTM)
1.64
Revenue YoY
+89.4%
Q1 FY27
Profit YoY
+1.0%
Net margin
8.0%
-7.0pt vs a year ago
Growth trend
-60.7pt
vs last quarter’s YoY
1 month
-6.6%
Below 52w high
35.7%
RSI (14)
31
Daily swing
2.2%
average true range
Volume
1.1×
vs 20-day average
Traded
Rs 186 cr
median day
Close200-day averageMaterial filing
405060Sep 25Nov 25Jan 26Mar 26May 26Jul 26Sep 26
260 sessions · hover for the filing behind a move

Key metrics

each ranked against every stock scanned tonight
Above the 200-day average
Bottom of the universe
-11.0%
One-year return
Below the median
-26.2%
Return on capital employed
Top of the universe
22.4%
Debt to equity
Above the median
0.03×
Profitable quarters, last four
of the last four reported
4 of 4
Cash conversion
cash from operations against reported profit
53%
Revenue growth, year on year
latest reported quarter
+89.4%
Below the 52-week high
from the highest close of the year
-26.3%
1 week
−3.93%
1 month
−6.61%
3 months
−20.42%
6 months
+5.14%
1 year
−26.21%

The read

written from the numbers on this page
The evidence is mixed4 supporting, 5 against, 1 worth knowing

Supporting

  • matches more cash than borrowings, which has beaten the market by +1.47 points over 20 sessions across 6,919 past signals
  • 4 of the scans it matches have a positive measured record
  • revenue grew 89% year on year in the quarter ending 30 June 2026
  • priced at 27× earnings against an industry median of 48× — 44% below its peers

Against

  • trading 11% below its 200-day average
  • down 26% over twelve months
  • 2 of the scans it matches have historically underperformed the market
  • net margin has narrowed from 13.0% to 8.0% across four quarters
  • futures show a short buildup — new sellers are committing capital

Worth knowing

  • the 6 scans it matches come from only 2 families — one signal wearing several hats rather than several signals
SUZLON sits in Infrastructure, Manufacturing, Energy — worth checking whether the whole group is moving together or whether this name is doing it alone.
What would change this read: a close back above 50, its 200-day average; open interest reversing while price keeps going.
Assembled automatically from the figures on this page — the scans matched, their measured record, the filed financials, the derivatives positioning and the peer comparison. It is not a recommendation, no one has spoken to the company, and every claim above can be checked against a number further down this page.

What is working, what is not

from the filings and from the price, with the figure behind every line
Working4

Revenue rose 82.0% year on year, from Rs 2,103 cr to Rs 3,829 cr.

+82.0%Rs 2,103 crRs 3,829 cr

Suzlon Energy's net profit rose 52.2% year on year, from Rs 201 cr to Rs 305 cr.

+52.2%Rs 201 crRs 305 cr

Profit rose year on year in all 4 of the last 4 quarters.

4

Rs 186 crore changes hands on a median day, so an ordinary order is not the reason it moves.

Rs 186 cr
Needs watching6

Renewable Energy Solutions accounts for 81% of segment revenue, making it the largest reported segment.

Renewable Energy Solutions81%

Profit grew slower than revenue, at +52.2% versus +82.0%.

+52.2%+82.0%

Net margin moved from 9.5% to 8.0%.

9.5%8.0%

Trading 11.0% below its 200-day average.

-11.0%

26% below its 52-week high.

-26%

Down 26.2% over the past year.

-26.2%
Every figure here is computed — from the company’s own filings, or from its own closing prices. Wording of 6 of these 6 filing lines was drafted by a language model, which is given the figures and may not introduce another — any sentence containing a number that did not come from the filings is discarded before it reaches this page.

How it has performed

price return over each window, beside the median NSE stock over the same days
this stockmedian NSE stock, same window-3.9%-3.1 pt vs market1W-6.6%-5.5 pt vs market1M-20.4%-23.1 pt vs market3M+5.1%-11.5 pt vs market6M-26.2%-23.0 pt vs market1Y

What the scans say today

6 of 47 matched on 10 Sep
SUZLON matches 6 of the 47 scans today, across 2 different kinds of evidence. Note how few kinds of evidence that is: several scans in one family are one signal wearing several hats, not several signals.

What this company does

segments and revenue mix, as the company reports them
SUZLON reports 4 business segments. The largest is Renewable Energy Solutions at 81% of revenue in the quarter ending 30 June 2026. On these numbers this is effectively a single-segment business, so the group result and that segment’s result move together.
SegmentRevenueSharevs a year ago
Renewable Energy Solutions3,174 cr80.7%
RE Asset Management Services632 cr16.1%
Foundry & Forging126 cr3.2%
Others2 cr0.1%
Segment names are the company’s own, taken verbatim from the reportable-segment disclosure in its quarterly XBRL filing. Nothing on this page describes the business in words we wrote.

Quality of the business

balance sheet as at 31 March 2026
Return on equity
23.8%
trailing profit over shareholders’ funds
Return on capital
22.4%
pre-tax profit over equity plus borrowings
Debt to equity
0.03×
264 cr borrowed against 9,464 cr of equity
Net debt
367 cr
cash exceeds borrowings
Cash conversion
53%
operating cash flow as a share of profit
Receivable days
138
how long customers take to pay
Return on capital uses profit before tax over equity plus borrowings. The textbook version adds finance costs back; those are not tagged reliably in quarterly filings, so this understates the ratio for a heavily borrowed company rather than flattering it. Balance sheets are filed half-yearly, so these can be up to six months behind the profit figures above.

Valuation against its own history

500 sessions since 26 September 2024
29×
median 65×
99×
now 27×
SUZLON trades at 27× trailing earnings, below its median of 65× over this window — 59% less expensive than usual. The band runs from the 5th to the 95th percentile, so single-day spikes do not set the edges.
This window is short by the standards of valuation history — it begins where four quarters of filed earnings first exist. A stock can look cheap against two years and expensive against ten.

Recent filings

from the exchange, newest first
Order win filings were typically -0.10pt vs the market over the next 5 sessions (n=630) · Other filing filings were typically +0.01pt vs the market over the next 5 sessions (n=17,202) · AGM / EGM filings were typically +0.17pt vs the market over the next 5 sessions (n=8,423)

The business

from the company’s filed results
Everything below is taken from the company’s own quarterly filing with the exchange — the XBRL document it submitted, not a vendor’s summary of it. Figures in rupees crore.
1.6k2.2k2.0k2.1k3.0k4.2k5.5k3.8k13.0%20.3%8.0%Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q3 FY26Q4 FY26Q1 FY27
RevenueNet profit, drawn inside its revenue barNet margin, own scale belowrupees crore, per quarter as filed. Revenue bars start at zero.

Going for it

  • revenue grew 89% against the same quarter a year earlier
  • profit rose 1% year on year
  • revenue rose in 3 of the last 4 quarters

Going against it

  • net margin narrowed from 20.3% to 8.0%
Quarter-by-quarter numbers, as filed
QuarterRevenueProfit before taxNet profitEPSNet margin
Q1 FY27
30 Jun · consolidated
3,8293893050.228.0%
Q4 FY26
31 Mar · consolidated
5,4938331,1140.8120.3%
Q3 FY26
31 Dec · consolidated
4,2365674450.3210.5%
Q3 FY25
31 Dec · consolidated
2,9753913880.2813.0%
Q2 FY25
30 Sep · consolidated
2,1032022010.159.5%
Q1 FY25
30 Jun · consolidated
2,0223023020.2215.0%
Quarterly filings are unaudited unless stated. Consolidated figures are used where the company files both. A single quarter is a noisy thing — the trend across the column is worth more than the top row.

Where the price stands

the same figures every scan on this site is computed from
Trend
Distance from the averages traders watch. Above all of them is a bull phase; below the 200-day is the line most investors use to say otherwise.
Versus 50-day average-10.1%
Versus 200-day average-11.0%
Below 52-week high-26.3%
Above 52-week low+11.8%
Momentum
How hard it has been pushed lately. Above 70 on RSI is stretched, below 30 is washed out — neither is a signal on its own.
RSI (14)31.0
Higher closes in last 51 of 5
Six-month return+5.14%
Risk and liquidity
What a position costs to hold and to exit. Position sizing starts with the daily swing, not with conviction.
Typical daily swing (ATR)2.20%
Volume versus 20-day1.1x
Median daily turnoverRs 185.9 cr

Derivatives

near expiry 2026-09-29 · 2026-09-10
Short Buildup
Price down, open interest up. New sellers are committing capital. The most common state in a falling tape, and the one that unwinds hardest if it turns.
Futures basis versus spot-0.16%
Open interest change+0.3%
Put / call ratio0.36
Put wall (support)47
Call wall (resistance)50
Max pain47
How to read this
Open interest is contracts still open, so a rise means new positions and a fall means positions closing. Combined with price direction that gives the state on the left. The walls are the strikes carrying the most open interest near expiry — levels other people are watching, not levels the price is obliged to respect. A future below spot means sellers are paying to be short.

Peers

Capital Goods · 110 classified companies
SUZLON trades at 27.0× trailing earnings against an industry median of 48.2× across 103 other classified companies in its industry — cheaper than them, by 44%. A multiple is a statement about expectations, not about quality: cheap usually means the market expects less, and it is often right.
CompanyMarket cap (Rs cr)P/E1 month1 yearTurnover (Rs cr)
HAL331,04635.5−0.90%+2.94%327.3
BEL296,04748.2−0.17%−0.34%375.8
TMCV161,864−3.89%308.5
ABB155,30252.0−4.94%+36.66%123.4
BHEL149,55461.5+2.26%+79.26%251.5
CGPOWER144,042116.2+2.99%+18.74%192.6
CUMMINSIND142,89760.4−3.91%+29.19%230.6
SIEMENS140,77735.6−1.61%+21.92%117.8
POWERINDIA139,130120.9−12.86%+63.44%271.0
POLYCAB125,90143.3−10.02%+9.16%285.0
GVT&D116,37589.2+3.14%+50.36%375.2
SUZLON60,81627.0−6.61%−26.21%185.9
largest twelve by market capitalisation. Market cap and P/E need filed financials, so blanks are companies whose filings have not been read yet

Recent sessions

what this stock has matched since the engine went live
This is the live record, not the backtest — the scans this stock actually appeared in on each stored session. A name that keeps reappearing is in a persistent condition; a one-day appearance usually is not.
SessionScansWhich
7 Sep2Hammer — long tail below, Closed at the day's high
31 Aug1Closed at the day's high
26 Aug1Long tail above — rejected higher