Suzlon Energy Shares Rise 2% As Promoters Likely Offload ₹1,309 Crore Stake Via Block Deal – EQ
In Short : Suzlon Energy shares rose 2% following reports that promoters are expected to offload a ₹1,309 crore stake through a block deal. The planned sale has attracted market attention, reflecting strategic moves by the company’s major shareholders. Investors are closely watching the transaction’s impact on stock performance and Suzlon’s future capital structure.
In Detail : Promoters of Suzlon Energy, led by the Tanti family and their trust, have sold approximately 20 crore shares—around 2.9% of the company’s total equity—through a block deal valued at ₹1,309 crore. The shares were sold at ₹64.75 each, reflecting a 2.9% discount to the previous day’s closing price. Motilal Oswal Financial Services acted as the sole broker for the transaction.
Following the deal, the promoters’ stake in the renewable energy major dropped from 13.25% to 11.8%.
A 180-day lock-in period has been placed on the sold shares to ensure market stability and signal the promoters’ continued long-term commitment.
Promoters Reduce Stake, But Shares Rally
Despite the large sale, investor sentiment remained strong.
Suzlon shares opened over 2% higher on the Bombay Stock Exchange and touched an intraday high of ₹68.20, indicating confidence in the company’s growth trajectory.
Suzlon Reports Record-Breaking Q4 Results
Suzlon Energy reported a four-fold rise in consolidated net profit to ₹1,181 crore in the March quarter (Q4 FY25), driven largely by higher revenues.
The company had posted a net profit of ₹254 crore in the same quarter last year. Total income rose sharply to ₹3,825.19 crore, up from ₹2,207.43 crore in Q4 FY24.
For the full financial year 2024–25, Suzlon’s consolidated net profit rose to ₹2,072 crore, more than triple the ₹660 crore recorded in FY24. Total income for the year increased to ₹10,993.13 crore, up from ₹6,567.51 crore in the previous year.
Company Leadership Reacts
Vice Chairman Girish Tanti described FY25 as a milestone year:
“Achieving our highest profitability in a decade, strong cash reserves, and a record order book are the outcomes of disciplined business transformation and sharp operational focus. FY25’s performance sets the stage for Suzlon’s next phase of strategic evolution and market leadership.”
He also highlighted India’s clean energy progress:
“India has crossed the 50 GW mark in installed wind power capacity, and Suzlon has played a key role in that journey. As we target 100 GW by 2030, India is poised to lead the global clean energy transition.”
Operational Highlights
Suzlon achieved record deliveries of 1.55 GW in FY25, marking a 118% year-on-year growth.
The contribution margin in its wind turbine generator (WTG) business expanded to 23%—a rise of 360 basis points.
This improvement was supported by the company’s 4.5 GW manufacturing capacity and the addition of 10 new production lines for its S144 – 3.X MW series turbines.
