Suzlon Energy Ltd
About
Suzlon Energy is a trailblazer in providing renewable energy solutions that revolutionise how energy sources are harnessed across the world. It promotes the use of renewable energy solutions with over 13,000 wind turbines installed across multiple countries spanning 6 continents. Its head office in Pune is among the greenest corporate campuses globally and is Platinum LEED (Leadership in Energy and Environment Design) certified. Under the leadership of Vinod Tanti, the company aims to reduce the levelized cost of energy (LCOE), harness wind-solar hybrid utility, and provide best-in-class value-added service to its consumers. In addition to advancing its ‘Powering a Greener Tomorrow’ vision, Suzlon has established a ‘SUZTAIN’ model to target village-level sustainable development by planning, implementing, monitoring, and sustaining interventions.
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Financial Data 2024
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Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 6612 -22.7% | 8555 32.7% | 6447 52.8% | 4221 66.7% | 2531 -50.4% | 5102 -40.3% | 8549 -36.9% | 13552 28.9% | 10510 -47.5% | 20015 2.9% | 19452 -0.8% | 19606 -7.8% | 21262 20.7% | 17620 -16.5% | 21109 -23.6% | 27617 - |
| Net Operating Income (INR Cr) | 6529 9.36% | 5971 -9.29% | 6582 96.72% | 3346 12.54% | 2973 -40.84% | 5025 -38.09% | 8116 -36.17% | 12714 34.07% | 9483 -52.47% | 19954 -2.20% | 20403 7.87% | 18914 -11.45% | 21359 18.07% | 18090 -12.27% | 20620 -20.94% | 26082 90.66% |
| Profit (INR Cr) | 660 -76.8% | 2849 - | -200 - | 104 - | -2642 - | -1527 - | -377 - | 858 47.1% | 583 - | -9158 - | -3520 - | -4724 - | -479 - | -1324 - | -983 - | 236 - |
| Assets (INR Cr) | 4254 31.9% | 3225 5.6% | 3056 -15.8% | 3630 58.5% | 2290 -29.1% | 3230 -38.4% | 5245 12.2% | 4674 9.9% | 4252 -61.2% | 10949 -35.9% | 17090 3.3% | 16551 -16.0% | 19706 2.1% | 19308 -1.5% | 19600 -24.1% | 25812 - |
| Net Worth (INR Cr) | 3920 256.7% | 1099 131.2% | -3526 -5.5% | -3343 69.6% | -10983 -29.3% | -8498 -22.0% | -6967 -1.8% | -6841 9.2% | -7533 -2.9% | -7322 -1817.7% | -382 -142.3% | 902 -82.6% | 5181 -20.6% | 6526 -1.2% | 6601 -23.5% | 8627 6.5% |
| Employee Cost (INR Cr) | 703 15.4% | 609 11.7% | 545 -1.4% | 553 -30.5% | 796 -8.9% | 874 8.6% | 805 -23.1% | 1046 9.1% | 959 -56.9% | 2227 -0.2% | 2231 4.6% | 2133 6.2% | 2009 19.8% | 1676 -21.8% | 2143 -1.0% | 2164 - |
| Interest Cost (INR Cr) | 164 | 421 | 735 | 996 | 1367 | 1270 | 1581 | 1288 | 1304 | 2065 | 2070 | 1855 | 1655 | 1375 | 1458 | 1054 |
| Cash & Bank Balance (INR Cr) | 427 | 367 | 500 | 263 | 82 | 75 | 581 | 336 | 627 | 2543 | 2448 | 1959 | 2632 | 2686 | 2904 | 3070 |
| Total Debt (INR Cr) | 150 | 1938 | 4242 | 4962 | 13210 | 11552 | 11996 | 11114 | 11414 | 17811 | 17053 | 15191 | 14034 | 12241 | 12668 | 14870 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 10.0% | 33.3% | - | 2.5% | - | - | - | 6.3% | 5.6% | - | - | - | - | - | - | 0.9% |
| Profit As % Of Assets | 15.5% | 88.3% | - | 2.9% | - | - | - | 18.4% | 13.7% | - | - | - | - | - | - | 0.9% |
| Profit As % Of Networth | 16.8% | 259.2% | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.7% |
| Interest Cost to EBITDA % | 17.0% | 50.6% | 82.6% | 192.3% | - | - | 157.6% | 51.5% | 156.3% | - | - | - | 90.9% | 173.2% | 175.1% | 55.6% |
| Debt to Equity Ratio | 0.04 | 1.76 | - | - | - | - | - | - | - | - | - | 16.84 | 2.71 | 1.88 | 1.92 | 1.72 |
| RONW | 3.1% | 2.1% | - | - | - | - | - | - | - | - | - | - | - | - | - | 9.5% |
| ROCE | 3.7% | 4.7% | 0.0% | 2.2% | 0.0% | 0.0% | 0.0% | 9.9% | 4.6% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 2.7% | 11.5% |