Suzlon Energy Q1 FY27 Earnings Call Transcript Released
Suzlon Energy reported Q1 FY27 consolidated revenue of ₹3,819 crores, a 23% YoY growth, with EBITDA at ₹595 crores. The company achieved its highest ever Q1 deliveries at 506 MW, despite supply chain disruptions. Order book stands at 6.1 GW, and ASP increased to ₹6.3 cr/MW. Net cash position is ₹2,322 crores.
The announcement provides detailed financial results and operational highlights, along with management's outlook on future growth drivers and strategies, which are crucial for investors and market participants.
The company reported strong revenue growth, highest ever Q1 deliveries, a healthy order book, and a positive net cash position, indicating a robust financial performance and positive outlook.
Suzlon Energy Limited has released the transcript of its Q1 FY27 Earnings Conference Call, which took place on July 28, 2026. The call featured insights from Mr. Ajay Kapur, Group CEO, and Mr. Rahul Jain, Group CFO.
Mr. Kapur highlighted a strong start to FY27 for Suzlon and the Indian wind industry, despite global geopolitical tensions and supply chain disruptions. He noted that India's growing power demand, driven by economic growth, electrification, and industrial expansion, sets the stage for a multi-year growth cycle in renewable energy, with annual installations expected to reach 15 gigawatts by FY31. Suzlon delivered 506 megawatts in Q1 FY27, its highest ever first quarter delivery, though approximately 10-20% of deliveries were deferred due to supply chain issues. The company's order book stands at a healthy 6.1 gigawatts, with ~1 gigawatt secured in the first four months of FY27. Average Selling Price (ASP) increased to ₹6.3 crores per megawatt from ₹5.6 crores in Q1 FY26. Suzlon has also launched its S175 5-megawatt turbine and is expanding its technology portfolio with high-capacity turbines like S175 and S163 for global markets.
Financially, Suzlon reported consolidated revenue of ₹3,819 crores in Q1 FY27, a 23% year-on-year growth. EBITDA stood at ₹595 crores, Profit Before Tax (PBT) at ₹390 crores, and Profit After Tax (PAT) at ₹305 crores. The company's balance sheet shows strong consolidated net worth of ₹9,869 crores and a net cash position of ₹2,322 crores.
Discussions during the Q&A session covered revenue recognition between delivery and commissioning, the payback period for strategic investments in new platforms, order book composition, and margin performance. Management addressed the impact of upfront investments for Suzlon 2.0 strategy and supply chain disruptions on EBITDA, emphasizing a long-term growth ambition of 25% CAGR. The company also discussed its DevCo model, export expansion, battery energy storage systems (BESS), and the repowering opportunity in India. Capex guidance remains around ₹700 crores, supporting growth and capacity expansion, including AI-enabled blade factories in India for global markets.
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Suzlon Energy Limited filed this with the NSE as a statutory disclosure, categorised under concall transcript released. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Suzlon Energy Limited. Read the original for the full detail.