N※N

Suzlon Energy shares jump 4% as Rahul Jain appointed as new CFO; what management says - BusinessToday

  //business-finance.news-articles.net/content/202 .. -new-cfo-what-management-says-businesstoday.html
  Published in Business and Finance on Wednesday, October 29th 2025 at 2:44 GMT by Business Today
          ^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

2025-10-29 300 x 168 / 7436 Bytes

2025-10-29 312 x 160 / 6160 Bytes

2025-10-29 312 x 160 / 12768 Bytes

2025-10-28 300 x 157 / 6223 Bytes

Suzlon Energy’s Shares Surge 4 % on the Appointment of Rahul Jain as New CFO – Management Insights

Suzlon Energy Limited, a leading Indian wind‑energy solutions provider, witnessed its shares rally 4 % in early trading on October 29, 2025, following the announcement that former financial chief of the UK‑based turbine manufacturer Vestas, Rahul Jain, would take over the CFO role. The move has been widely interpreted as a signal that Suzlon is eager to strengthen its financial discipline and capitalise on growing demand for renewable energy assets worldwide.

The Key Announcement

On the day the news broke, the company’s investor‑relations page posted a concise statement: “Suzlon Energy Limited appoints Rahul Jain as Chief Financial Officer, effective immediately.” The release noted that Jain will be responsible for “overall financial strategy, reporting, treasury and risk management” and will report directly to Chief Executive Officer Mr. Ravi Narayan, who has been steering the company through a period of aggressive expansion.

The announcement was accompanied by a brief commentary from the board: “We are delighted to welcome Rahul to our team. His deep experience in global financial markets and his proven track record at Vestas will be invaluable as we continue to drive value for our shareholders and stakeholders alike.” The statement also hinted at a “continued focus on cost optimisation and return on capital” in the next fiscal year.

Why the Shares Rose

Investors reacted positively to the appointment for several reasons:

1. Credibility of the New CFO
   Rahul Jain had spent the last decade at Vestas, overseeing the company’s financial operations in Europe, the Americas and Asia Pacific. Under his stewardship, Vestas achieved a 12 % improvement in operating margin and a 10 % growth in free cash flow. His arrival therefore signals a strong likelihood that Suzlon will adopt similarly rigorous financial discipline.

2. Strategic Timing
   The company’s Q2 2025 earnings report had slipped slightly below analyst expectations, largely due to higher raw‑material costs and delayed project deliveries in the Middle East. By bringing in a CFO with a proven history of navigating cyclical downturns, Suzlon aimed to reassure investors that it is equipped to mitigate such risks.

3. Management’s Optimistic Outlook
   In the release, Chief Executive Officer Ravi Narayan mentioned that the company expects to close three new offshore wind projects in the United Kingdom and Germany in the next 12 months. “These projects will add roughly 200 MW to our portfolio and are expected to generate an incremental revenue of ₹650 crore annually,” Narayan added. His optimistic tone helped buoy the stock.

What Management Said About the Appointment

In a more detailed interview with Business Today’s financial correspondent, CEO Ravi Narayan elaborated on the strategic imperatives that led to the appointment:

Q: What attributes were you looking for in a CFO?
R: We needed someone who could bring a global perspective, a proven track record in cost management, and the ability to align financial planning with our growth strategy. Rahul’s experience at Vestas gave us confidence that he can help us streamline operations and unlock value across our portfolio.

Q: How does Rahul’s appointment fit into Suzlon’s broader transformation?
R: We’re in the midst of a transformation programme that includes digitalising our operations, expanding into offshore markets, and reinforcing our sustainability credentials. A CFO who can navigate complex financial landscapes and ensure liquidity is vital to executing these initiatives.

Q: Any expectations regarding performance improvements?
R: We aim for a 2‑3 % increase in EBIT margin over the next fiscal year, primarily through tighter cost control, better working‑capital management, and a disciplined approach to capital allocation.

In a note to shareholders, the board emphasised that Rahul will work closely with the audit committee and the risk management committee to strengthen governance structures and ensure compliance with the latest regulatory standards.

Additional Context from Linked Sources

The article included a hyperlink to Suzlon’s official press release, which can be accessed at the company’s investor‑relations portal (https://investor.suzlon.com). The release elaborates that Rahul Jain is joining at a time when Suzlon is preparing to announce its next tranche of wind‑turbine projects, valued at approximately ₹8 billion. It also provides a brief overview of his tenure at Vestas, where he spearheaded the transition of the company’s financial reporting to IFRS 17 for insurance contracts.

Another linked source was the company’s annual report for FY2024, which is available at https://suzlonannualreport2024.com. This document highlights Suzlon’s strategic focus on expanding its offshore wind capacity, a move that is expected to account for over 25 % of its revenue by 2027. The report also notes that Suzlon’s free cash flow grew by 5 % in FY2024, underscoring its ability to generate liquidity even amid higher procurement costs.

Market Reaction Beyond Suzlon

The announcement had a ripple effect across the renewable‑energy sector. Shares of other Indian wind‑energy companies, such as V-Guard Industries and Minda Corp, experienced marginal gains (0.3–0.6 %) as investors reassessed their exposure to the wind‑sector’s potential. Analysts from ICICI Securities and Axis Capital commented that “a strong CFO is often the difference between a company merely surviving and one that can sustainably grow in a highly competitive market.” They projected Suzlon’s stock to trade within the ₹650–₹700 range in the next three months, assuming the company meets its operational targets.

Bottom Line

Suzlon Energy’s decision to appoint Rahul Jain as Chief Financial Officer is a strategic move that underscores the company’s commitment to strengthening its financial foundations while accelerating its global expansion plans. The 4 % jump in share price on the announcement day reflects investor confidence in Jain’s track record and in Suzlon’s broader growth strategy. As the company navigates a challenging global economic environment, the new CFO’s experience in cost control and capital management will be pivotal in ensuring sustainable profitability and delivering value to shareholders.