Suzlon Energy Limited — Q1FY27 earnings call summary

Filed 04 August 2026 · Official transcript

Capex guided at ~INR700 Cr for FY27, focused on AI-enabled blade factories and capacity expansion
BESS partnerships progressing; target 3.1 GW capacity by FY31
Multiple analyst queries on fixed cost impact and DevCo investments; management expects margins around 17-18% for FY27
Q1 FY27 revenue INR3,819 Cr +23% y-y; EBITDA INR595 Cr; PAT INR305 Cr
ASP rose to INR6.3 Cr/MW from INR5.6 Cr, aided by project mix and higher EPC share
Suzlon 2.0 investments ongoing; new S175 turbine launched with first order; payback expected in 12-18 months
Repowering opportunity in India ~25 GW; pilot orders expected by year-end
Order book strong at 6.1 GW; 60% new orders from DevCo model