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ReNew Energy Global Plc logo

ReNew Energy Global Plc

RNW

NASDAQUtilitiesRenewable Utilities

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$6.81

−$0.01 · -0.15%

Aug 21, 4:00 PM ET

RNW company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

76

Undervalued

Momentum

48

Neutral

Sentiment

56

Mixed

Risk resilience

55

Elevated Risk

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Company profile

Company website

ReNew Energy Global Plc specializes in generating clean, renewable power across India. Its core business segments are wind power and solar power. The company adopts an integrated approach, overseeing the development, construction, ownership, and operation of both large-scale utility wind and solar farms, alongside localized distributed solar projects designed for commercial and industrial clients. Beyond its generation activities, ReNew also provides comprehensive engineering, procurement, and construction (EPC) services, operation and maintenance (O&M), and expert consultancy. It further engages in the sale of renewable energy certificates. As of March 31, 2022, its robust portfolio encompassed 10.69 gigawatts (GW) of diverse energy projects, comprising wind, solar, hydro, firm power, and distributed solar. A significant 7.57 GW of this capacity was fully operational, with an additional 3.12 GW either under construction or firmly committed. Established in 2011, ReNew Energy Global Plc is headquartered in London, United Kingdom.

Industry
Renewable Utilities
Sector
Utilities
Headquarters
GB
CEO
Sumant Sinha
Listed since
Feb 1, 2021
Employees
4,720

Market position

Day range

Current $6.81

52-week range

Current $6.81

Open
$6.82
Previous close
$6.82
Volume
2.99M
1.8× average
Average volume
1.66M
Average daily volume
Market cap
2.48B USD
Beta
1.13
Market reference 1
50-day average
$6.3176
+7.79% above average
200-day average
$5.9185
+15.06% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
852.21B INR
P/E (TTM)
20.95×
P/B (TTM)
1.81×
P/S (TTM)
1.71×
EV / EBITDA
7.93×
Earnings yield
7.02%
Free cash flow yield
-49.59%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
61.88%
Operating margin
42.07%
Net margin
8.11%
Return on equity
8.86%
Return on assets
1.06%
Return on invested capital
4.79%

Financial health

Debt / equity
6.14×
Current ratio
0.42×
Altman Z-score
0.24
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends112%61%11%-40%Gross margin, FY2022: 99.45%Gross margin, FY2023: 91.11%Gross margin, FY2024: 95.27%Gross margin, FY2025: 91.15%Gross margin, FY2026: 58.52%Operating margin, FY2022: 57.61%Operating margin, FY2023: 54.22%Operating margin, FY2024: 56.50%Operating margin, FY2025: 53.48%Operating margin, FY2026: 43.35%Net margin, FY2022: -27.09%Net margin, FY2023: -6.16%Net margin, FY2024: 4.19%Net margin, FY2025: 3.93%Net margin, FY2026: 7.86%FY2022FY2023FY2024FY2025FY2026
Gross margin FY2022 99.45%. Gross margin FY2023 91.11%. Gross margin FY2024 95.27%. Gross margin FY2025 91.15%. Gross margin FY2026 58.52%. Operating margin FY2022 57.61%. Operating margin FY2023 54.22%. Operating margin FY2024 56.50%. Operating margin FY2025 53.48%. Operating margin FY2026 43.35%. Net margin FY2022 -27.09%. Net margin FY2023 -6.16%. Net margin FY2024 4.19%. Net margin FY2025 3.93%. Net margin FY2026 7.86%.

Income trends

Revenue

139.1B INR+43.31%

Operating income

60.3B INR+16.18%

Net income

10.93B INR+186.50%
Income trends across reported periods154.62B INR92.55B INR30.48B INR−31.59B INRRevenue, FY2022: 59.35B INRRevenue, FY2023: 78.22B INRRevenue, FY2024: 81.32B INRRevenue, FY2025: 97.06B INRRevenue, FY2026: 139.1B INROperating income, FY2022: 34.19B INROperating income, FY2023: 42.41B INROperating income, FY2024: 45.95B INROperating income, FY2025: 51.91B INROperating income, FY2026: 60.3B INRNet income, FY2022: −16.08B INRNet income, FY2023: −4.82B INRNet income, FY2024: 3.4B INRNet income, FY2025: 3.81B INRNet income, FY2026: 10.93B INRFY2022FY2023FY2024FY2025FY2026
Revenue FY2022 59.35B INR. Revenue FY2023 78.22B INR. Revenue FY2024 81.32B INR. Revenue FY2025 97.06B INR. Revenue FY2026 139.1B INR. Operating income FY2022 34.19B INR. Operating income FY2023 42.41B INR. Operating income FY2024 45.95B INR. Operating income FY2025 51.91B INR. Operating income FY2026 60.3B INR. Net income FY2022 −16.08B INR. Net income FY2023 −4.82B INR. Net income FY2024 3.4B INR. Net income FY2025 3.81B INR. Net income FY2026 10.93B INR.
Metric (INR)FY2026FY2025FY2024FY2023FY2022
Revenue139.1B INR97.06B INR81.32B INR78.22B INR59.35B INR
Cost of goods sold57.69B INR8.59B INR3.84B INR6.96B INR324M INR
Gross profit81.41B INR88.47B INR77.48B INR71.27B INR59.03B INR
Selling, general, and administrative21.1B INR8.5B INR8.6B INR8.57B INR7.81B INR
Operating expenses21.1B INR36.56B INR31.53B INR28.86B INR24.83B INR
Interest income5.34B INR46.91M INR2.14B INR27.08M INR27M INR
Interest expense64.98B INR598.31M INR43.03B INR546.69M INR529M INR
Depreciation and amortization28.13B INR20.67B INR17.58B INR15.9B INR13.76B INR
Operating income60.3B INR51.91B INR45.95B INR42.41B INR34.19B INR
Net income10.93B INR3.81B INR3.4B INR−4.82B INR−16.08B INR

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
73%
8 beats, 3 misses, 0 met estimates
Average EPS surprise
+30.65%
11 comparable reports
Latest EPS result
0.17
Estimate 0.12 · Beat by 39.00%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.210.08-0.06-0.19Q1 '25MissQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 18, 2025: actual -0.11, estimate -0.04, surprise -175.00%, Miss. Q2 2025, reported Jun 16, 2025: actual 0.1, estimate 0.039, surprise +156.87%, Beat. Q3 2025, reported Aug 13, 2025: actual 0.16, estimate 0.11, surprise +45.45%, Beat. Q4 2025, reported Nov 10, 2025: actual 0.13, estimate 0.17, surprise -23.53%, Miss. Q1 2026, reported Feb 16, 2026: actual -0.002, estimate -0.12, surprise +98.52%, Beat. Q2 2026, reported May 18, 2026: actual 0.021, estimate -0.154, surprise +113.38%, Beat. Q3 2026, reported Aug 18, 2026: actual 0.17, estimate 0.122, surprise +39.00%, Beat. Q4 2026, reported Nov 9, 2026: actual —, estimate 0.16, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates529.1M418.23M307.36M196.49MQ1 '25MissQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 18, 2025: actual 219.43M USD, estimate 224.92M USD, surprise -2.44%, Miss. Q2 2025, reported Jun 16, 2025: actual 402.44M USD, estimate 276.66M USD, surprise +45.46%, Beat. Q3 2025, reported Aug 13, 2025: actual 480.35M USD, estimate 379.27M USD, surprise +26.65%, Beat. Q4 2025, reported Nov 10, 2025: actual 433.84M USD, estimate 402.06M USD, surprise +7.90%, Beat. Q1 2026, reported Feb 16, 2026: actual 349.01M USD, estimate 265.57M USD, surprise +31.42%, Beat. Q2 2026, reported May 18, 2026: actual 422.89M USD, estimate 307.73M USD, surprise +37.42%, Beat. Q3 2026, reported Aug 18, 2026: actual 506.16M USD, estimate 459.86M USD, surprise +10.07%, Beat. Q4 2026, reported Nov 9, 2026: actual —, estimate 477.04M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$7.02

3.08% upside
Past 12 months12-month forecastHigh $7.02Average $7.02Low $7.02

Rating distribution

6 ratings
Strong buy00%
Buy467%
Hold233%
Sell00%
Strong sell00%

Recent analyst actions

3 institutions

RNW news

seekingalpha.com

ReNew Energy Global Plc (RNW) Q1 2027 Earnings Call Transcript

ReNew Energy Global Plc (RNW) Q1 2027 Earnings Call Transcript

Read source
marketbeat.com

ReNew Energy Global Q1 Earnings Call Highlights

ReNew Energy Global NASDAQ: RNW reported first-quarter fiscal 2027 results marked by growth in operating capacity, adjusted EBITDA and profit after tax, while management said grid constraints in India affected solar…

Read source
businesswire.com

ReNew Announces Results for the First Quarter for Fiscal Year 2027 (Q1 FY27), Ended June 30, 2026

GURUGRAM, India--(BUSINESS WIRE)---- $RNW #EBITDA--ReNew Energy Global Plc, a leading decarbonization solutions company, today announced its unaudited consolidated IFRS results for Q1 FY27.

Read source
gurufocus.com

ReNew Reports 25.6% Reduction in Scope 1 & 2 Emissions and 24.7 Billion Units of Clean Power Generated in FY 2025-26

ReNew Energy Global Plc (“ReNew”) (NASDAQ: RNW), one of the world's leading decarbonisation solutions companies, announced a 25.6% reduction in Scope 1 and 2

Read source
businesswire.com

ReNew Reports 25.6% Reduction in Scope 1 & 2 Emissions and 24.7 Billion Units of Clean Power Generated in FY 2025-26

GURUGRAM, India--(BUSINESS WIRE)---- $RNW #AI--ReNew Energy Global, a leading decarbonisation solutions company, announced a 25.6% reduction in Scope 1 & 2 emissions from its FY 2021-22 baseline.

Read source
businesswire.com

ReNew Announces Date and Conference Call Details for First Quarter FY27 Earnings

GURUGRAM, India--(BUSINESS WIRE)---- $RNW #ReNew--ReNew today announced it will issue its first quarter (April–June) fiscal year 2027 earnings report on August 18, 2026 (EDT).

Read source

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ETFs holding RNW

Funds reporting this stock among their holdings, ordered by reported position size.

Invesco Solar ETF logoInvesco Solar ETFTAN
Market value
17.45M
Weight
1.35%
AUM
1.28B USD
Expense ratio
0.70%
Price / 1D
$49.32-0.82%
iShares Global Clean Energy ETF logoiShares Global Clean Energy ETFICLN
Market value
5.74M
Weight
0.26%
AUM
2.21B USD
Expense ratio
0.39%
Price / 1D
$17.59-0.23%
First Trust NASDAQ Clean Edge Green Energy Index Fund logoFirst Trust NASDAQ Clean Edge Green Energy Index FundQCLN
Market value
3.5M
Weight
0.61%
AUM
585.5M USD
Expense ratio
0.59%
Price / 1D
$50.46+1.20%
State Street SPDR S&P Kensho Clean Power ETF logoState Street SPDR S&P Kensho Clean Power ETFCNRG
Market value
3.22M
Weight
1.65%
AUM
194.92M USD
Expense ratio
0.45%
Price / 1D
$89.96+0.00%
First Trust Global Wind Energy ETF logoFirst Trust Global Wind Energy ETFFAN
Market value
2.21M
Weight
0.89%
AUM
248.34M USD
Expense ratio
0.61%
Price / 1D
$23.86-0.29%
Fidelity Clean Energy ETF logoFidelity Clean Energy ETFFRNW
Market value
1.48M
Weight
1.49%
AUM
97.91M USD
Expense ratio
0.39%
Price / 1D
$22.48+0.09%
State Street SPDR Portfolio Emerging Markets ETF logoState Street SPDR Portfolio Emerging Markets ETFSPEM
Market value
734.19K
Weight
0.00%
AUM
17.57B USD
Expense ratio
0.07%
Price / 1D
$52.38+0.61%
AAM Transformers ETF logoAAM Transformers ETFTRFM
Market value
619.23K
Weight
0.23%
AUM
107.86M USD
Expense ratio
0.49%
Price / 1D
$60.08+0.60%

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