Suzlon Energy Q1 Preview: Pat can be up to 58% yy, turnover to rise 65% on strong version

Suzlon Energy will announce its Q1 income on Tuesday, where the company for renewable energy company is expected to achieve strong growth on an annual basis in the profit of June on the back of a robust version and a healthy order book, although sequential performance is expected to soften due to seasonal influences. Brokers expect 55-58% yo -growing in profit after load (pat) and around 60% jump into turnover, supported by 420-450 MW wind turbine version.

However, EBITDA -MARGES will probably remain in the reach of 17-18%, with EPC mixing fluctuations being an important monitorable.

The Brokerage views of Nuvama -Initutional Shares, Motilal Oswal Financial Services (MOFSL) and JM Financial have been taken into account.

This is what they have recommended:

1) To chatter
Nuvama: Core Pat on RS 471 CRORE, an increase of 56% JoJ, a decrease of 60% QoQ

Motilal Oswal: RS 479 CRORE, an increase of 58%, a decrease 60% QoQM Financial: RS 469 Crore, an increase of 55.3% JOJ, a decrease of 19.3% qoq2) Income
Nuvama: RS 3,330 Crore, an increase of 65% yoj, decrease of 12% qoq

Motilal Oswal: RS 3,238 Crore, an increase of 60% yoj, 15% decrease

JM Financial: RS 3,244 CRORE, an increase of 60.5% JOJ, a decrease of 14.4% QOQ.

MOFSL sees Yoy Revenue Jump driving on expectations of the version of 450 MW of wind turbine orders in 1QFY26, an increase of 65% JOJ and a decrease of 21% QOQ.

3) Bitda
Nuvama: RS 579 Crore, an increase of 56% JoJ, a decrease of 17% QoQ.

Motilal Oswal: RS 607 Crore, an increase of 19% yoj, down 12% qoq

JM Financial: RS 593 Crore, an increase of 60.3% yoj, decrease of 14.5% QoQ.

The margins are expected to keep stable on 17-18%, in line with FY25 averages. Fluctuations in the EPC mix can influence margins in the coming quarters, making it an important area to follow.

4) most important monitorables
Implementation increases and margin (due to fluctuations in EPC mix) will remain important monitorables in the future.

Nuvama said in his brokerage-note that it is expected of the implementation of 420 MW in Q1FY26 due to management guidelines of 60% growth in FY26E, while anticipating Q1-Marges 17-18%, similar to FY25.

(Disclaimer: recommendations, suggestions, views and opinions of the experts are their own. These do not represent the views of economic times)