About Suzlon Energy :
Suzlon Energy is a fully integerated international wind power company founded by Tulsi Tanti, a textile enterpreneur from Gujarat. Currently, Suzlon is the world's fifth largest wind turbine suppliers.
Suzlon is not only in wind power generations, but they have integrated them selves in providing end to end business solutions to their clients, the solutions include consultancy, design, manufacturing, operations and maintenance services.
The Suzlon headquarters is based in Chicago, Illinois.
Some Facts about Suzlon Energy :
- Suzlon is in a process of making Asia largest wind power station in Dhule Maharashtra, with production capacity of 1000MW.
- They have operations in 21 countries, spreaded over 6 continents.
- They are the fifth largest supplier of wind turbines, with 10.5% of global market share.
- The company reported a 67% of consolidated turnover at Rs. 3169.76(Cr.) for financial year 07.
- The company is serving the top notch both national and internation clients, the list includes, biggies like DLF, ONGC, Reliance Energy.. etc.
Brief Overview of Financial Results of Suzlon:
- Annual Turnover : Rs 7,986(Cr.)
- Net Profit : Rs 864(Cr.)
- Net Worth : Rs 3,511(Cr.)
- Earning Per Share(EPS) : Rs 30.0
For detailed Financial Results click on the below link :
http://www.suzlon.com/Content/Publication/AnnualReports_PDFs/Annual_Report_06-07.pdf
Suzlon in FY 08 :
Suzlon has reported a strong order book (excluding the order from its subsidiary Hansen and RePower) position of Rs 18,000 (Cr.) plus, both from its national and international clients. The company surpassed industry average growth of 20- 25%, with a growth prospect of 71%. The growth is based on due to strong order book for 08, and some positive vibrations from its clients base.
Suzlon Stock :
http://nse-india.com/marketinfo/equities/quotesearch.jsp?companyname=suzlon&series=EQ
Why Suzlon ?
The demand of environment friendly and renewable source of energy is increasing day by day, as we move further, every national govt. will certainly give a thought in promoting the natural source of energy, be it solar energy or wind energy, as they are less polluting and poses less damage to Global warming.
Based on the type of business the Suzlon is in , I really think that the company has really good future prospect and will really give good returns to Investors.
Call On Suzlon Energy :
Based on the company growth prospects, I recommend a Buy and hold of this stock for atleast couple of years. It will definitely give good returns to Investors.
Company and its subsidiary link :
http://www.suzlon.com/
http://www.repower.de/index.php?L=1
http://www.hansentransmissions.net
Thanks&Regards,
Mohit Kumar