Monday, August 3, 2009

Result Update-Suzlon Energy Ltd

Investment Highlights
 Latest quarter sales performance: Suzlon’s consolidated net sales
increased by 33% to Rs.4152.68 crore (YoY) as against Rs.3117.80
crore (YoY). The company reported growth in revenues at a
consolidated level, where as at the stand-alone basis quantity of sales
decreased.
 Reported net loss in Q1FY10: The Company posted consolidated net
loss of Rs.462.55 Crs in the Q1FY10 as against net profit of Rs.54.80
crore (YoY).
 Decrease in EBITDA margin: EBITDA margin of the company
decreased to 0.30% for Q1FY10 from 12.21% (YoY). The margins of the
company declined due to low volume in Suzlon’s wind energy business.

Technical Outlook
CMP R1 R2 S1 S2 Buy/Sell
94.35 97 104 87 78 Sell


Industry: Electric Equipment

Price Data
Current Price (Rs) 94.35
52 wk range (Rs) 33 - 253
Stock Data
Mkt Cap (Rs Cr) 14136
No. of shares o/s(Cr) 149.83
Free float (%) 40.18

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