I was discussing suzlon with one of my fathers friend and he said that in my above analysis there were few points missing which are as follows:
Additional points:
- The amt by which debt reduces, enterprise value increases by 2-3 times in next 2-3 years. Debt has been reduced by nearly 10k cr in last 3 years
- Debt conversion to equity at Rs 71/share by some lenders (even with 75% haircut, it come to nearly Rs 18/share) I NEED TO VERIFY THIS
- Wind reverse auctioning scrapped as on 10 jan’23 (big plus. Back to pre 2017 days) big positive
- Govt auctioning n plg 8GW/yr over next 7-8 years.
- previous highest was 5.5 gw commissioned in fy 2016-17
- Wind repowering worth Rs 40k cr in pipeline
- Suppliers of suzlon have bought stake
- CEO ashwini kumar (harvard business school mba)has great experience in renewable
- Left over Debt refinanced by specialists REC n PFC
One last thing there is a new thread please read that it will help you understand the potential of AMC business.