Suzlon Energy Ltd · NSE:SUZLON
Suzlon Energy — Q1 FY26 Earnings Presentation
29 slides from Suzlon Energy's earnings presentation, Aug 12, 2025
Slide 1: Investor Presentation Q1 FY26
Investor Presentation Q1 FY26 12th August 2025 Suzlon Wind Farm, Mahidad, Gujarat, India
Slide 2: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), has been prepared by Suzlon Energy Limited (the “Company”), solely for information purposes and DOES not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form t
Slide 3: Industry Outlook
Industry Outlook Suzlon Strengths Financial Performance 3
Slide 4: India energy transition to boost wind & solar installations
India energy transition to boost wind & solar installations Others Fossil, Hydro and 30 (4%) Wind Others Wind 100 (13%) 500 (24%) 400 (19%) Others Wind 52 (11%) Fossil Fuel 20(4%) 277 (35%) Solar 116 (24%) Jun’25 By 2030 By 2047 485 GW Wind run-rate: 777 GW Wind run-rate: 2,100 GW 5-10 GWPA 20-50 GW
Slide 5: Accelerating indigenization in Wind: MNRE policy push, the ALMM (Wind)
Accelerating indigenization in Wind: MNRE policy push, the ALMM (Wind) Blade, Tower, Gearbox, Mandatorily locating data Cybersecurity Risk: Prohibit Mandatorily locating Generator & Special Bearing centers and/or servers in transferring real-time data R&D centers in India by (~75% of WTG cost) to be
Slide 6: Industry in an upcycle with long term structural tailwinds
Industry in an upcycle with long term structural tailwinds Strong domestic demand outlook Key demand drivers for wind 1 India to scale its power capacity to 2,100 GW by 2047, including 400 GW from wind India’s $10 trillion vision by 2032 Energy demand growth 2 Onshore wind potential: 695 GW (120m HH
Slide 7: Suzlon Strengths
Industry Outlook Suzlon Strengths Financial Performance 7
Slide 8: Suzlon strengths
Suzlon strengths Competitive edge No. 1 OEM in Indian wind sector End-to-end Pan India presence Strong 21+ GW Global 29% Cumulative service with 15.2+ GW of customer installed Wind energy market share in provider installations relationship capacity India Best-in-class 8,100+ Well established Technol
Slide 9: Key clientele among marquee customers globally
Key clientele among marquee customers globally And many more customers….. 9
Slide 10: Footprint across India: Augmented manufacturing capabilities
Footprint across India: Augmented manufacturing capabilities Manufacturing locations Map not to scale Domestic manufacturing capacity 4,500 MW India’s windy states Other Indian states Rajasthan Gujarat Madhya Pradesh Nacelle and Hub Blade Tubular Tower Control Panel Maharashtra Andhra Pradesh Tamil
Slide 11: S144: Made in India, made for India
S144: Made in India, made for India Major updates A Technological Edge Product designed for Compatibility Tailored to High Effective Economical domestic terrain and well suited to Indian wind with hybrid/FDRE Indian performance and operations and supply chain conditions projects and grid meteorologi
Slide 12: Overview of India OMS Capabilities
Overview of India OMS Capabilities Key Metrics Presence in all windy states in India: Installed base as on 30th Jun 2025 of 15.2+ GW Map not to scale 15.2+ GW 10,000+ USD 10 Bn India’s windy states Installed base Turbines Assets under Other Indian states management Rajasthan 2.3 GW 1,900+ 99 3,900+
Slide 13: Renom: The ultimate multi-brand O&M solution
Renom: The ultimate multi-brand O&M solution Assets spread across states Competence of handling multi-technology under one roof Map not to scale 3,229 MW 2,118 MW 148 MW 963 MW Asset Under Wind Solar BOP Management 15 37 900+ 200+ Different OEM Models being Satisfied Manpower Make serviced` Customer
Slide 14: Strong sequential Order Book growth: Ten-Quarters Streak
Strong sequential Order Book growth: Ten-Quarters Streak Wind order book (in MW) WTG model mix Project segment mix S144 Central & State 92% Auctions 25% Captive/ C&I/Retail 54% PSU S120 21% 8% 5,742 5,025 5,361 Scope mix State mix 2,929 AP KA 14% 28% Non-EPC 78% RJ Mar'24 Mar'25 Jun'25 Aug'25^ 9% MH
Slide 15: Pioneering the Future: Leaders at the Helm
Pioneering the Future: Leaders at the Helm Vinod Tanti Girish Tanti JP Chalasani Himanshu Mody Rajendra Mehta Sandeep Chairman & Vice Chairman Group CEO Group CFO Group CHRO Chowdhury Managing Director Group General Counsel Tulsi Tanti Founder, Late Chairman and Managing Director Bernhard Vivek Sriv
Slide 16: The Windman's legacy lives on!
The Windman’s legacy lives on! The Global Wind Energy Council (GWEC) conferred the Lifetime Achievement Award on Shri Tulsi Tanti for his influential contributions to sustainable energy. He was also welcomed into GWEC’s Hall of Fame as a special tribute to his impact as the Father of India’s Renewab
Slide 17: Awards & Recognition
Awards & Recognition At GWEC’s 20th Mr. Girish Tanti, appointed Received the Greentech Champion of Green Suzlon becomes the 3rd Anniversary in Lisbon, Chairman of the CII CSR India Award 2025 from Business Practices by ET fastest-growing brand in Suzlon was honoured as National Committee on the Gree
Slide 18: ESG Landscape: Making meaningful impact & earning recognition
ESG Landscape: Making meaningful impact & earning recognition Ratings ESG Rating Core ESG Rating as 64 79/100 in Prime status with decile Inclusion of Suzlon upgraded by 22 “Very Good” ESG Ratings rank of 1 under Emerging ESG points Index Awards Membership Organisation with Excellence in Global Awar
Slide 19: Financial Performance
Industry Outlook Suzlon Strengths Financial Performance Suzlon Wind Farm, Gondal, Gujarat, India 19
Slide 20: Key Highlights Q1 FY26
Key Highlights Q1 FY26 Achieved highest ever EBITDA surged to ₹599 WTG business maintained Unmatched in the first quarter deliveries of Cr, posting a growth of healthy contribution industry, highest-ever firm 444 MW, with 62% YoY driven by strong margin with favourable and well diversified order con
Slide 21: Exceptional Q1 FY26 performance, marked by impressive growth
Exceptional Q1 FY26 performance, marked by impressive growth Deliveries (MW) 62% YoY Revenue (₹ Cr.) 55% YoY 573 3,774 444 3,117 274 2,016 Q1 FY25 Q4 FY25 Q1 FY26 Q1 FY25 Q4 FY25 Q1 FY26 EBITDA (₹ Cr.) 62% YoY PBT (₹ Cr.) 52% YoY 693 551 599 459 370 302 Q1 FY25 Q4 FY25 Q1 FY26 Q1 FY25 Q4 FY25 Q1 FY2
Slide 22: WTG Business: Operating leverage began to materialize
WTG Business: Operating leverage began to materialize Wind capacity additions in India (in GW) Deliveries & Installations by Suzlon (in MW) 1,550 882 664 710 Deliveries (MW) 4.2 495 3.3 444 336 274 2.3 1.6 71 117* Installation (MW) FY23 FY24 FY25 Q1 FY25 Q1 FY26 FY23 FY24 FY25 Q1 FY26 Source: MNRE W
Slide 23: India OMS: Consistent and profitable growth continues
India OMS: Consistent and profitable growth continues Revenue Installed&Capacity EBITDA Base trend(GW) (₹ Cr.) Revenue (₹ Cr.) 15.1 15.2 1,798 1,928 14.7 1,668 13.9 436 478 FY23 FY24 FY25 Q1 FY26 FY23 FY24 FY25 Q1 FY25 Q1 FY26 Key Strengths EBITDA (₹ Cr.) Over 2 decades of Diversified supplier netwo
Slide 24: SE Forge: Capacity unlocking plans underway
SE Forge: Capacity unlocking plans underway Operating Revenue & EBITDA trend (₹ Cr.) Revenue mix (₹ Cr.) 18% 36% 49% Op. Revenue Suzlon 86 175 241 472 483 489 15.7% 19.0% EBITDA 62% Others 15.1% 10.8% 386 8.8% 307 249 40% 41 76 74 92 10 146 28 91 36 (%) 55 55 EBITDA % Suzlon Share FY23 FY24 FY25 Q1
Slide 25: Consolidated income statement
Consolidated income statement (₹ Cr.) Q1 FY26 Q1 FY25 Q4 FY25 FY25 FY24 Particulars Unaudited Unaudited Unaudited Audited Audited Net Volumes (MW) 444 274 573 1,550 710 Net Revenue 3,117 2,016 3,774 10,851 6,497 Contribution 1,094 712 1,212 3,656 2,348 Contribution Margin 35.1% 35.3% 32.1% 33.7% 36.
Slide 26: Consolidated balance sheet
Consolidated balance sheet (₹ Cr.) Jun-25 Mar-25 Mar-24 Particulars Unaudited Audited Audited Equity & Liabilities Net Worth 6,542 6,106 3,920 Borrowings (non-current and current) 311 283 110 Non-current Liabilities 830 810 200 Current Liabilities 6,779 5,761 2,948 Total equity and liabilities 14,46
Slide 27: Glossary
Glossary 1. AEP – Annual Energy Production 17. LCoE – Levelized Cost of Energy 2. BOP – Balance of Plant 18. MNRE – Ministry of New And Renewable Energy 3. BESS – Battery Energy Storage System 19. MT – Metric Ton 4. C&I – Commercial and Industrial 20. MW – Megawatt 5. CEA - Central Electricity Autho
Slide 28: References
References https://www.seci.co.in/ • https://www.seci.co.in/ • https://cea.nic.in/ https://www.mercomindia.com/ • https://www.mercomindia.com/ https://powermin.gov.in/ • https://powermin.gov.in/ • https://niwe.res.in/ https://mnre.gov.in/ • https://mnre.gov.in/ https://gwec.net/globalwindreport2023/
Slide 29: Thank You
Thank You Email contact for queries investorrelations@suzlon.com 29