{"id":293754,"date":"2026-10-08T10:13:27","date_gmt":"2026-10-08T04:43:27","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=293754"},"modified":"2026-10-08T10:13:27","modified_gmt":"2026-10-08T04:43:27","slug":"suzlon-energy-share-price-next-5-years-scenarios-targets-order-book-2031","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/suzlon-energy-share-price-next-5-years-scenarios-targets-order-book-2031\/","title":{"rendered":"Where Could Suzlon Energy Share Price Be in the Next 5 Years? Scenarios to 2031 From Earnings Growth and Valuation, the 6.1 GW Order Book, Why the Stock Is at a 52-Week Low, Brokerage Targets and the Risks"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Suzlon Rs 38.34 (7 Oct), 52-wk low Rs 38.19, high Rs 61.50. Order book 6.1 GW. Q1 rev +23%, PAT -6% to Rs 305 cr. Targets Rs 62-65. Scenarios to 2031 are illustrative.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Suzlon Energy share price was Rs 38.34 on 7 October, at its 52-week low of Rs 38.19 after a fifth straight fall, and my illustrative scenarios for five years ahead range from about Rs 56 if earnings grow 10% a year and the P\/E is 12 times, through about Rs 106 for 15% growth and 18 times, to about Rs 160 for 20% growth and 22 times. These are not forecasts, because they assume trailing earnings per share of about Rs 2.9, and the real outcome depends on wind installations, margins and valuation. The stock has fallen about 29% in a year even though Q1 FY27 revenue rose 23% to Rs 3,819 crore, with a record 506 MW of deliveries and an order book of about 6.1 GW, because Q1 profit fell 6% to Rs 305 crore as margins narrowed. Brokerages remain positive, with ICICI Securities at Rs 65, Deven Choksey at Rs 64 and a consensus near Rs 62, which is about 62% above the current price, so the next few quarters of margin delivery will decide which scenario is closer.<\/p>\n<\/p><\/div>\n<p>Suzlon Energy share price has been a favourite long-term story in wind power, and the current dip has revived the five-year question. The company has net cash of about Rs 2,322 crore and a return on capital employed near 27%, which is unusual for a stock near its low.<\/p>\n<p>If you are thinking long term, this article covers where the stock stands at Rs 38.34 against its Rs 61.50 high, why it has fallen after Rs 305 crore Q1 profit on Rs 3,819 crore revenue, the Suzlon Energy order book of 6.1 GW and 506 MW deliveries, five-year scenarios with their P\/E and ROCE assumptions, the Suzlon share price target of Rs 65 and net cash, wind energy stocks risks and what to monitor each quarter.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=suzlon-energy-share-price-next-5-years-scenarios-targets-order-book-2031\">Click Here &#8211; Get Free Investment Predictions<\/a><\/strong><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/suzlon-energy-share-price-next-5-years-scenarios-targets-order-book-2031\/#Suzlon_Energy_Share_Price_Today_Where_It_Stands\" title=\"Suzlon Energy Share Price Today: Where It Stands\">Suzlon Energy Share Price Today: Where It Stands<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/suzlon-energy-share-price-next-5-years-scenarios-targets-order-book-2031\/#Why_the_Suzlon_Energy_Share_Price_Has_Fallen\" title=\"Why the Suzlon Energy Share Price Has Fallen\">Why the Suzlon Energy Share Price Has Fallen<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/suzlon-energy-share-price-next-5-years-scenarios-targets-order-book-2031\/#The_Suzlon_Energy_Order_Book_and_Growth_Drivers_Behind_the_Suzlon_Energy_Share_Price\" title=\"The Suzlon Energy Order Book and Growth Drivers Behind the Suzlon Energy Share Price\">The Suzlon Energy Order Book and Growth Drivers Behind the Suzlon Energy Share Price<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/suzlon-energy-share-price-next-5-years-scenarios-targets-order-book-2031\/#Five-Year_Scenarios_for_the_Suzlon_Energy_Share_Price\" title=\"Five-Year Scenarios for the Suzlon Energy Share Price\">Five-Year Scenarios for the Suzlon Energy Share Price<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/suzlon-energy-share-price-next-5-years-scenarios-targets-order-book-2031\/#Suzlon_Share_Price_Target_Brokerage_Targets_for_the_Suzlon_Energy_Share_Price\" title=\"Suzlon Share Price Target: Brokerage Targets for the Suzlon Energy Share Price\">Suzlon Share Price Target: Brokerage Targets for the Suzlon Energy Share Price<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/suzlon-energy-share-price-next-5-years-scenarios-targets-order-book-2031\/#Risks_Behind_Any_Suzlon_Energy_Share_Price_Forecast\" title=\"Risks Behind Any Suzlon Energy Share Price Forecast\">Risks Behind Any Suzlon Energy Share Price Forecast<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/suzlon-energy-share-price-next-5-years-scenarios-targets-order-book-2031\/#What_to_Monitor_Each_Quarter_for_the_Suzlon_Energy_Share_Price\" title=\"What to Monitor Each Quarter for the Suzlon Energy Share Price\">What to Monitor Each Quarter for the Suzlon Energy Share Price<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/suzlon-energy-share-price-next-5-years-scenarios-targets-order-book-2031\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/suzlon-energy-share-price-next-5-years-scenarios-targets-order-book-2031\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/suzlon-energy-share-price-next-5-years-scenarios-targets-order-book-2031\/#What_is_the_Suzlon_Energy_share_price_now\" title=\"What is the Suzlon Energy share price now?\">What is the Suzlon Energy share price now?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/suzlon-energy-share-price-next-5-years-scenarios-targets-order-book-2031\/#Where_could_the_Suzlon_Energy_share_price_be_in_5_years\" title=\"Where could the Suzlon Energy share price be in 5 years?\">Where could the Suzlon Energy share price be in 5 years?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/suzlon-energy-share-price-next-5-years-scenarios-targets-order-book-2031\/#Why_has_Suzlon_fallen\" title=\"Why has Suzlon fallen?\">Why has Suzlon fallen?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/suzlon-energy-share-price-next-5-years-scenarios-targets-order-book-2031\/#What_is_the_Suzlon_Energy_order_book\" title=\"What is the Suzlon Energy order book?\">What is the Suzlon Energy order book?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/suzlon-energy-share-price-next-5-years-scenarios-targets-order-book-2031\/#What_is_the_Suzlon_share_price_target\" title=\"What is the Suzlon share price target?\">What is the Suzlon share price target?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/suzlon-energy-share-price-next-5-years-scenarios-targets-order-book-2031\/#Is_Suzlon_expensive\" title=\"Is Suzlon expensive?\">Is Suzlon expensive?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/suzlon-energy-share-price-next-5-years-scenarios-targets-order-book-2031\/#What_are_the_main_risks\" title=\"What are the main risks?\">What are the main risks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/suzlon-energy-share-price-next-5-years-scenarios-targets-order-book-2031\/#Should_I_buy_the_Suzlon_Energy_share_price_now\" title=\"Should I buy the Suzlon Energy share price now?\">Should I buy the Suzlon Energy share price now?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Suzlon_Energy_Share_Price_Today_Where_It_Stands\"><\/span><strong>Suzlon Energy Share Price Today: Where It Stands<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Measure<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Level<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Note<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Price on 7 October<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 38.34, down about 2.1%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">A fifth straight decline<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">52-week range<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 38.19 to Rs 61.50<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">The stock is at the low<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Return in one year<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Down about 29%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Despite higher revenue<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Market capitalisation<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 53,400 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 1,393 crore shares, my calculation<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Trailing P\/E<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 13 times<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Other providers show up to 17 times<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Return on capital employed<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 27%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">High for a capital goods company<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Net cash<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 2,322 crore at June 2026<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up from Rs 1,620 crore a year earlier<\/td>\n<\/tr>\n<\/table>\n<p>A P\/E near 13 and a return on capital employed near 27% are not expensive on paper for the Suzlon Energy share price, so the market is pricing in margin and execution risk.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/screeners\">Check the Univest Screener for live data on wind energy stocks<\/a><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_the_Suzlon_Energy_Share_Price_Has_Fallen\"><\/span><strong>Why the Suzlon Energy Share Price Has Fallen<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>Profit lagged revenue: Q1 FY27 profit fell 6% to Rs 305 crore while revenue rose 23%.<\/li>\n<li>Operating margins narrowed during the quarter, which worried investors.<\/li>\n<li>Momentum turned negative after the Q1 results, with the stock breaking support and hitting a six-month low.<\/li>\n<li>Broader market weakness, foreign selling and a rate hike hurt mid-cap and capital goods stocks.<\/li>\n<li>The stock rallied hard earlier, so some profit booking has followed.<\/li>\n<\/ol>\n<p>The business numbers are growing, which is why brokerages see the fall in the Suzlon Energy share price as a chance and the chart sees it as a downtrend.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"The_Suzlon_Energy_Order_Book_and_Growth_Drivers_Behind_the_Suzlon_Energy_Share_Price\"><\/span><strong>The Suzlon Energy Order Book and Growth Drivers Behind the Suzlon Energy Share Price<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Driver<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Detail<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Order book<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 6.1 GW at June 2026, up from about 5.9 GW at the end of FY26<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">New orders<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 1 GW in the first four months of FY27<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Deliveries<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">A first-quarter record of 506 MW in India, up 14% year on year<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Revenue<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Q1 FY27 revenue of about Rs 3,819 crore, up 23%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Balance sheet<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Net cash and a falling debt burden compared with the past<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Industry<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">India&#8217;s wind capacity additions are expected to stay high as the country adds renewable power<\/td>\n<\/tr>\n<\/table>\n<p>A 6.1 GW order book gives about three years of visibility at the Q1 annualised delivery pace of about 2 GW, my rough calculation, which supports revenue but not necessarily margin.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track the Suzlon Energy share price and wind energy stocks live.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Five-Year_Scenarios_for_the_Suzlon_Energy_Share_Price\"><\/span><strong>Five-Year Scenarios for the Suzlon Energy Share Price<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Scenario<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Earnings growth a year<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">P\/E in 2031<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">EPS in 2031<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Illustrative price<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Bear<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">10%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">12 times<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 4.7<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 56<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Base<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">15%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">18 times<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 5.9<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 106<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Bull<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">20%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">22 times<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 7.3<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 160<\/td>\n<\/tr>\n<\/table>\n<p>These Suzlon Energy share price scenarios start from trailing EPS of about Rs 2.9, which I derived from the P\/E of about 13 and the price, and compound it for five years. They ignore dividends, share issuance and changes in the number of shares, so treat them as a way to test assumptions and not as predictions.<\/p>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Check<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Reading<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Comment<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Bear case versus today<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 46% above Rs 38.34<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Even the bear case assumes growth and a P\/E of 12<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Base case annualised return<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 23% a year<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Before dividends, my calculation<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Bull case annualised return<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 33% a year<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Needs sustained execution and re-rating<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Zero-growth case<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">EPS stays near Rs 2.9<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">At 12 times the price would be about Rs 35<\/td>\n<\/tr>\n<\/table>\n<p>The zero-growth case shows the downside for the Suzlon Energy share price: if profit stagnates, the stock may not rise at all.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Suzlon_Share_Price_Target_Brokerage_Targets_for_the_Suzlon_Energy_Share_Price\"><\/span><strong>Suzlon Share Price Target: Brokerage Targets for the Suzlon Energy Share Price<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Source<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">View<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Target<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">ICICI Securities<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Buy after Q1 results<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 65<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Deven Choksey<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Bullish<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 64<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Trendlyne consensus<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Average of analysts as of 26 September<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 62<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Systematix<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Buy ahead of Q1 results in July<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 71<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Earlier targets<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">MOFSL Buy at Rs 69 and Kotak Add at Rs 66 in April<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Stale after the fall<\/td>\n<\/tr>\n<\/table>\n<p>Most analysts rate the stock a Buy, and targets for the Suzlon Energy share price sit about 60% above the price, but targets have been cut more than once as the stock fell.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Risks_Behind_Any_Suzlon_Energy_Share_Price_Forecast\"><\/span><strong>Risks Behind Any Suzlon Energy Share Price Forecast<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Margin pressure:<\/strong> Narrowing margins turned revenue growth into lower profit in Q1, which weighs on the Suzlon Energy share price.<\/p>\n<p><strong>Execution:<\/strong> Delivering 6.1 GW on time and on budget is the core task.<\/p>\n<p><strong>Competition:<\/strong> Other turbine makers compete for the same orders and prices.<\/p>\n<p><strong>Policy and tariffs:<\/strong> Renewable policy, auctions and grid constraints can slow installations.<\/p>\n<p><strong>Valuation swings:<\/strong> A Suzlon Energy share price that has moved between Rs 38 and Rs 61 in a year shows how quickly the multiple can change.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_to_Monitor_Each_Quarter_for_the_Suzlon_Energy_Share_Price\"><\/span><strong>What to Monitor Each Quarter for the Suzlon Energy Share Price<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>Operating margin and net profit against revenue growth.<\/li>\n<li>Order intake and the order book in gigawatts.<\/li>\n<li>Deliveries and execution against guidance.<\/li>\n<li>Net cash and working capital.<\/li>\n<li>Whether the stock holds the Rs 38 support or breaks lower.<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Suzlon Energy share price sits at its 52-week low of about Rs 38, with a 6.1 GW order book, net cash and brokerage targets near Rs 62 to Rs 65, and my illustrative five-year scenarios run from about Rs 56 to Rs 160 depending on earnings growth and valuation. Margins decide which is closer. Consult a SEBI-registered advisor before making any decision.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Suzlon_Energy_share_price_now\"><\/span><strong>What is the Suzlon Energy share price now?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Suzlon Energy share price was about Rs 38.34 on 7 October, at its 52-week low of Rs 38.19 after a fifth straight fall.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Where_could_the_Suzlon_Energy_share_price_be_in_5_years\"><\/span><strong>Where could the Suzlon Energy share price be in 5 years?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> My illustrative scenarios give about Rs 56, Rs 106 and Rs 160 for 10%, 15% and 20% earnings growth, with P\/Es of 12, 18 and 22 times. They are not forecasts.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_has_Suzlon_fallen\"><\/span><strong>Why has Suzlon fallen?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Suzlon Energy share price fell as Q1 FY27 profit dropped 6% to Rs 305 crore despite a 23% rise in revenue, margins narrowed and the chart turned negative.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Suzlon_Energy_order_book\"><\/span><strong>What is the Suzlon Energy order book?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> About 6.1 GW at June 2026, with about 1 GW of new orders in the first four months of FY27.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Suzlon_share_price_target\"><\/span><strong>What is the Suzlon share price target?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> ICICI Securities has Rs 65, Deven Choksey Rs 64 and the consensus is about Rs 62.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Suzlon_expensive\"><\/span><strong>Is Suzlon expensive?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> At a P\/E near 13 and a return on capital employed near 27%, the Suzlon Energy share price is not expensive on paper, but margins are under pressure.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_main_risks\"><\/span><strong>What are the main risks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> For the Suzlon Energy share price, the main risks are margin pressure, execution, competition, policy and valuation swings.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Should_I_buy_the_Suzlon_Energy_share_price_now\"><\/span><strong>Should I buy the Suzlon Energy share price now?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> This article does not constitute investment advice. Long-term scenarios are illustrative. Consult a SEBI-registered financial advisor.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the Suzlon Energy share price now?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The Suzlon Energy share price was about Rs 38.34 on 7 October, at its 52-week low of Rs 38.19 after a fifth straight fall.\"}},{\"@type\":\"Question\",\"name\":\"Where could the Suzlon Energy share price be in 5 years?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"My illustrative scenarios give about Rs 56, Rs 106 and Rs 160 for 10%, 15% and 20% earnings growth, with P\/Es of 12, 18 and 22 times. They are not forecasts.\"}},{\"@type\":\"Question\",\"name\":\"Why has Suzlon fallen?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The Suzlon Energy share price fell as Q1 FY27 profit dropped 6% to Rs 305 crore despite a 23% rise in revenue, margins narrowed and the chart turned negative.\"}},{\"@type\":\"Question\",\"name\":\"What is the Suzlon Energy order book?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"About 6.1 GW at June 2026, with about 1 GW of new orders in the first four months of FY27.\"}},{\"@type\":\"Question\",\"name\":\"What is the Suzlon share price target?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"ICICI Securities has Rs 65, Deven Choksey Rs 64 and the consensus is about Rs 62.\"}},{\"@type\":\"Question\",\"name\":\"Is Suzlon expensive?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"At a P\/E near 13 and a return on capital employed near 27%, the Suzlon Energy share price is not expensive on paper, but margins are under pressure.\"}},{\"@type\":\"Question\",\"name\":\"What are the main risks?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"For the Suzlon Energy share price, the main risks are margin pressure, execution, competition, policy and valuation swings.\"}},{\"@type\":\"Question\",\"name\":\"Should I buy the Suzlon Energy share price now?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"This article does not constitute investment advice. Long-term scenarios are illustrative. Consult a SEBI-registered financial advisor.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Where could Suzlon Energy share price be in 5 years? See scenarios, the 6.1 GW order book, brokerage targets and risks.<\/p>\n","protected":false},"author":28,"featured_media":293753,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[9902,4359,9901,9900,5397],"class_list":["post-293754","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-five-year-forecast","tag-suzlon-energy-share-price","tag-suzlon-order-book","tag-suzlon-share-price-target","tag-wind-energy-stocks"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["293753"],"rank_math_title":["Suzlon Energy Share Price in 5 Years: Scenarios and Targets"],"rank_math_description":["Where could Suzlon Energy share price be in 5 years? 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