'Do not expect miracles' — A Suzlon bull's advice to investors

Shares of Suzlon Energy Ltd., which have corrected nearly 27% from their 52-week high, are good "buy" from a long-term perspective, as per Gaurang Shah of Geojit Investments.

In an interaction with CNBC-TV18 earlier in the week, Shah said he was positive on the stock from a long-term horizon. However, he had a word of advice for investors wanting to invest in the stock as well.

"Don't expect any kind of miracles to happen if you eventually decide after understanding and rationalising your investment approach in Suzlon," he said.

Suzlon Energy's second quarter earnings were better than what the street had estimated.

The company's net profit surged to ₹1,278 crore from ₹200 crore last year, aided by a tax write-back of ₹718 crore. Even after the adjustment, the profit was still up by over 100% from the previous year.

Suzlon's revenue was up 84% at ₹3,870 crore from ₹2,103 crore last year. Its earnings before interest, tax, depreciation and amortisation (EBITDA) increased ₹720 crore, a 2.5x jump from the ₹293.4 crore it reported in the second quarter last year.

Suzlon's EBITDA margin expanded by 460 basis points to 18.6% from 14% in the year-ago period.

"Our strategy of decoupling project development and project execution will drive execution volumes significantly. With long-term visibility of 400 GW wind capacity by 2047, I’m confident we’ll continue leading the market," Suzlon Group Vice Chairman Girish Tanti had said.

Suzlon Group CEO JP Chalasani said that as the Indian wind market gears up for installations of 6 GW this financial year and 8 GW in the next, Suzlon would continue to drive sustainable, profitable growth.

"The quarter two numbers were better than what the street estimates were. Orders coming in as far as the government focus in clean and green energy specifically with solar and wind energy likely to do well. One can definitely buy it for long-term point of view," Shah added.

Of the nine analysts who have coverage on the stock, eight have a "buy" rating, and one has a "hold" rating.

Suzlon Energy shares ended 0.8% lower at ₹54.18 apiece on Tuesday. The stock has declined 16.9% in 2025, so far. The stock has corrected nearly 27% from its 52-week high of ₹74.3, which it hit on August 30, 2025.

The stock has gained 443% from August 26, 2023, when it closed at ₹10 apiece. Prior to this, the stock had been trading in single digits.

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