RNW Stock - ReNew Energy Global Plc
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $97.06B | $81.32B | $78.22B | $59.35B | $48.19B |
| Gross Profit | $88.47B | $77.47B | $71.27B | $59.02B | $47.76B |
| Gross Margin | 91.1% | 95.3% | 91.1% | 99.5% | 99.1% |
| Operating Income | $51.91B | $45.95B | $42.41B | $34.19B | $29.92B |
| Net Income | $3.81B | $3.40B | $-4,817,000,000 | $-16,077,000,000 | $-7,818,000,000 |
| Net Margin | 3.9% | 4.2% | -6.2% | -27.1% | -16.2% |
| EPS | $10.92 | $9.94 | $-13.48 | $-40.58 | $-19.97 |
ReNew Energy Global Plc generates power through non-conventional and renewable energy sources in India. The company operates through Wind Power and Solar Power segments. It develops, builds, owns, and operates utility scale wind and solar energy projects, as well as distributed solar energy projects that generate energy for commercial and industrial customers. The company also provides engineering, procurement, and construction services; operation and maintenance services; consultancy services; and sells renewable energy certificates. As of March 31, 2022, its portfolio consisted of 10.69 GW of wind and solar energy projects, hydro, firm power projects, and distributed solar energy projects, of which 7.57 GW projects were commissioned and 3.12 GW were committed. ReNew Energy Global Plc was founded in 2011 and is based in London, the United Kingdom.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| October 29th 2025 | Mizuho | Downgrade | Neutral | $8.15 |
| September 26th 2024 | Morgan Stanley | Downgrade | Equal Weight | - |
| November 21st 2023 | Mizuho | Initiation | Buy | $8 |
| May 15th 2023 | Credit Suisse | Upgrade | Outperform | - |
| February 1st 2023 | Credit Suisse | Downgrade | Neutral | - |
Earnings History & Surprises
RNWEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q1 2026 | Feb 17, 2026 | $-0.08 | — | — | — |
Q4 2025 | Nov 10, 2025 | $0.17 | $0.13 | -23.5% | ✗ MISS |
Q3 2025 | Aug 13, 2025 | $0.11 | $0.16 | +45.5% | ✓ BEAT |
Q2 2025 | Jun 16, 2025 | $0.04 | $0.10 | +156.9% | ✓ BEAT |
Q1 2025 | Feb 18, 2025 | $-0.04 | $-0.11 | -175.0% | ✗ MISS |
Q4 2024 | Nov 19, 2024 | $0.12 | $0.14 | +17.0% | ✓ BEAT |
Q3 2024 | Aug 15, 2024 | $0.08 | $0.01 | -83.7% | ✗ MISS |
Q3 2024 | Jul 30, 2024 | — | $-0.00 | — | — |
Q1 2024 | Feb 20, 2024 | $-0.14 | $-0.10 | +28.6% | ✓ BEAT |
Q4 2023 | Nov 20, 2023 | $0.06 | $0.11 | +83.3% | ✓ BEAT |
Q3 2023 | Aug 18, 2023 | $0.09 | $0.09 | 0.0% | = MET |
Q2 2023 | Jun 6, 2023 | $-0.09 | $0.00 | +102.7% | ✓ BEAT |
Q1 2023 | Feb 17, 2023 | $-0.08 | $-0.15 | -87.5% | ✗ MISS |
Q4 2022 | Nov 15, 2022 | $0.07 | $-0.03 | -142.9% | ✗ MISS |
Q3 2022 | Aug 18, 2022 | $0.07 | $-0.00 | -104.7% | ✗ MISS |
Q3 2022 | Jul 25, 2022 | — | $-0.12 | — | — |
Q1 2022 | Feb 24, 2022 | $-0.05 | $-0.20 | -300.0% | ✗ MISS |
Q4 2021 | Nov 18, 2021 | $0.07 | $0.06 | -14.3% | ✗ MISS |
Q3 2021 | Aug 27, 2021 | — | $0.01 | — | — |
Q1 2021 | Mar 31, 2021 | — | $-0.13 | — | — |
Latest News
ReNew Energy Global shares are trading lower after Mizuho lowered the price target from $8.15 to $7.
📉 NegativeMizuho Maintains Neutral on ReNew Energy Global, Lowers Price Target to $7
➖ NeutralReNew Energy Global shares are trading lower after Abu Dhabi Future Energy Company PJSC-Masdar withdrew from the Consortium, ending the proposed acquisition of the company.
📉 NegativeReNew Energy Global Says Consortium Drops Takeover Bid After Masdar Exit In 13D/A Filing
📉 NegativeReNew Energy plunges as Masdar pulls out of buyout consortium
📉 NegativeReNew Global Energy Provides Update From Possible Cash Offer From PJSC-Masdar, Canada Pension Plan Investment Board
📈 PositiveReNew Energy Glb Q2 EPS $0.13 Misses $0.15 Estimate, Sales $408.000M Beat $388.632M Estimate
➖ NeutralReNew Secures $331M From Asian Development Bank As Part Of $477M Package For 837 MWp Wind-Solar-Battery Project In Andhra Pradesh; Project Expected To Generate 1,641 GWh Of Clean Energy Annually, Boosting Grid Stability And Accelerating India's Energy Transition
📈 PositiveMizuho Downgrades ReNew Energy Global to Neutral, Lowers Price Target to $8.15
📉 NegativeReNew Receives Revised Acquisition Proposal at $8.15/Share From Masdar-Led Consortium Including CPP Investments, ADIA Unit, and CEO Sumant Sinha, Reflecting 15.3% Increase From Initial Offer
📈 PositiveFrequently Asked Questions about RNW
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