ReNew Energy Global Plc (RNW) 10-Year Financial Performance & Capital Metrics

RNW • • Utilities

UtilitiesRenewable EnergyRenewable Power GenerationSolar & Wind Power Developers

AboutReNew 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.Show more

Revenue $97.06B +19.4%
EBITDA $72.58B +14.2%
Net Income $3.81B +12.0%
Free Cash Flow -$26.09B +69.3%
EBITDA Margin 74.77% -4.3%
Net Margin 3.93% -6.1%
ROE 3.02% +6.4%
Interest Coverage 86.76 +8024.4%
Debt/Equity 5.59 +3.7%
Net Debt/EBITDA 9.53 -3.7%
CapEx / Revenue 96.49% -49.0%
CapEx Coverage 0.72 +61.0%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong interest coverage of 86.8x
✓Trading at only 0.0x book value

✗Weaknesses

✗High debt to equity ratio of 5.6x
✗Weak 3Y average ROE of 0.6%
✗Weak momentum: RS Rating 13 (bottom 13%)
✗High leverage: 10.1x Debt/EBITDA
✗Trading more than 30% below 52-week high

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y42.01%

5Y14.93%

3Y17.82%

TTM46.76%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM317.9%

EPS CAGR

10Y-

5Y-

3Y-

TTM646.53%

ROCE

10Y Avg7.12%

5Y Avg6.99%

3Y Avg6.98%

Latest6.94%

Peer Comparison

Solar & Wind Power Developers

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
CWENClearway Energy, Inc.	3B	35.38	47.17	4.34%	20.01%	4.77%	1.5%	1.39
ENLTEnlight Renewable Energy Ltd	6.63B	50.22	38.63	52.71%	25.72%	1.9%		2.16
RNWReNew Energy Global Plc	1.33B	5.40	0.49	19.36%	6.75%	5.89%		5.59
SUUNPowerBank Corporation	59.72M	1.63	-1.68	-28.86%	-7.46%	-14.99%		3.81
RNWWWReNew Energy Global plc		0.01		19.36%	6.75%	5.89%		5.59

Profit & Loss

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Revenue+	6.14B	13.07B	24.62B	43.14B	48.41B	48.19B	59.35B	78.22B	81.32B	97.06B
Revenue Growth %	1.11%	1.13%	0.88%	0.75%	0.12%	-0%	0.23%	0.32%	0.04%	0.19%
Cost of Revenue	0	3.94M	522M	81M	530M	426M	324M	6.96B	3.84B	8.59B
Gross Profit+	6.14B	13.07B	24.09B	43.06B	47.88B	47.76B	59.02B	71.27B	77.47B	88.47B
Gross Margin %	-	-	-	-	-	-	-	-	-	-
Gross Profit Growth %	1.11%	1.13%	0.84%	0.79%	0.11%	-0%	0.24%	0.21%	0.09%	0.14%
Operating Expenses+	1.76B	5.44B	9.99B	12.62B	15.47B	17.84B	24.83B	28.86B	31.53B	36.56B
Other Operating Expenses	-	-	-	-	-	-	-	-	-	-
EBITDA+	5.51B	11.51B	21.3B	40.87B	43.65B	41.95B	47.95B	58.31B	63.53B	72.58B
EBITDA Margin %	-	-	-	-	-	-	-	-	-	-
EBITDA Growth %	1.14%	1.09%	0.85%	0.92%	0.07%	-0.04%	0.14%	0.22%	0.09%	0.14%
Depreciation & Amortization+	2.07B	3.82B	7.11B	9.5B	11.24B	12.03B	13.76B	15.9B	17.58B	20.67B
D&A / Revenue %	-	-	-	-	-	-	-	-	-	-
Operating Income (EBIT)+	3.44B	7.69B	14.2B	31.37B	32.41B	29.92B	34.19B	42.41B	45.95B	51.91B
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	1.19%	1.24%	0.85%	1.21%	0.03%	-0.08%	0.14%	0.24%	0.08%	0.13%
Interest Expense+	0	0	0	26.27B	33.44B	475M	529M	50.97B	43.03B	598.31M
Interest Coverage	-	-	-	1.19x	0.97x	62.99x	64.63x	0.83x	1.07x	86.76x
Interest / Revenue %	-	-	-	-	-	-	-	-	-	-
Non-Operating Income	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K
Pretax Income+	1.01B	1.02B	841M	4.93B	-623M	-5.13B	-12.23B	-2.47B	8.14B	10.03B
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	97.01M	508.31M	321M	1.82B	2.16B	2.9B	3.9B	2.56B	4B	5.44B
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	816.43M	338.24M	300M	2.65B	-2.7B	-7.82B	-16.08B	-4.82B	3.4B	3.81B
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	58.94%	-0.59%	-0.11%	7.82%	-2.02%	-1.9%	-1.06%	0.7%	1.71%	0.12%
EPS (Diluted)+	3.42	1.13	0.87	6.60	-7.04	-19.97	-40.58	-13.34	9.92	10.92
EPS Growth %	35.23%	-0.67%	-0.23%	6.59%	-2.07%	-1.84%	-1.03%	0.67%	1.74%	0.1%
EPS (Basic)	3.42	1.13	0.87	6.86	-7.04	-19.97	-40.58	-13.48	9.94	10.92
Diluted Shares Outstanding	238.82M	300.49M	346.07M	400.73M	400.73M	400.73M	399.18M	376.85M	365.51M	366.38M

Balance Sheet

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Total Assets+	107.12B	201.27B	345.77B	398.02B	479.56B	492.05B	641.34B	746.49B	873.93B	959.8B
Asset Growth %	1.59%	0.88%	0.72%	0.15%	0.2%	0.03%	0.3%	0.16%	0.17%	0.1%
PP&E (Net)+	75.24B	146.67B	245.89B	282.51B	345.3B	353.8B	455.06B	559.96B	696.6B	769.57B
PP&E / Total Assets %	-	-	-	-	-	-	-	-	-	-
Total Current Assets+	18.57B	41.39B	49.23B	51.17B	84.92B	92.32B	135.21B	109.87B	104.44B	118.38B
Cash & Equivalents	3.63B	27.14B	13.91B	10.12B	13.09B	20.68B	28.38B	38.18B	27.02B	40.42B
Receivables	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Inventory	0	13.64M	153M	719M	609M	833M	815M	1.19B	1.69B	4.16B
Other Current Assets	1.1B	2.79B	5.4B	5.01B	13.23B	2.78B	3.69B	2.22B	977M	8.06B
Long-Term Investments	2.39B	30.73M	4.18B	989M	1.29B	3B	1.32B	4.48B	6.57B	3.89B
Goodwill	22.66M	292.72M	10.95B	11.38B	11.38B	11.6B	11.6B	11.6B	11.6B	11.6B
Intangible Assets	41.85M	1.17B	26.63B	25.68B	24.59B	24.81B	28.13B	27B	26.29B	24.62B
Other Assets	10.85B	11.7B	8.89B	26.29B	12.08B	4.92B	8.97B	28.95B	22.89B	24.67B
Total Liabilities	70.57B	144.42B	271.09B	321.69B	400.71B	427.31B	514.97B	628.09B	752.24B	828.69B
Total Debt+	58.06B	120.77B	238.45B	289.98B	357.07B	351.65B	447.71B	536.58B	655.66B	732.28B
Net Debt	54.43B	93.63B	224.54B	279.87B	343.98B	330.97B	419.33B	498.39B	628.64B	691.86B
Long-Term Debt	51.9B	102.45B	209.29B	253.78B	320.61B	308.44B	373.73B	467.29B	565.86B	582.31B
Short-Term Borrowings	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Capital Lease Obligations	0	0	0	0	1.65B	2.11B	3.45B	6.17B	8.35B	9.26B
Total Current Liabilities+	17.89B	40.61B	53.29B	58.06B	52.73B	60.79B	101.28B	115.93B	142.04B	196.44B
Accounts Payable	330.33M	2.4B	2.73B	3.03B	3.73B	3.25B	5.61B	6.12B	9.09B	8.17B
Accrued Expenses	213.19M	1.35B	1.81B	2.31B	2.5B	2.9B	3.86B	3.21B	2.96B	5.41B
Deferred Revenue	0	0	0	0	0	100M	11M	11M	11M	1.25B
Other Current Liabilities	11.19B	18.54B	19.58B	16.52B	11.16B	1.89B	5.98B	38.44B	42.86B	35.07B
Deferred Taxes	0	0	0	0	0	1000K	1000K	1000K	1000K	1000K
Other Liabilities	779.35M	1.36B	8.52B	9.84B	25.98B	43.41B	24.28B	23.75B	17.96B	17B
Total Equity+	36.55B	56.84B	74.68B	76.33B	78.85B	64.75B	126.37B	118.4B	121.7B	131.11B
Equity Growth %	1.07%	0.56%	0.31%	0.02%	0.03%	-0.18%	0.95%	-0.06%	0.03%	0.08%
Shareholders Equity	34.89B	53.72B	71.27B	72.71B	74.53B	62.08B	118.44B	106.85B	105.22B	112.6B
Minority Interest	1.67B	3.13B	3.41B	3.63B	4.32B	2.67B	7.93B	11.55B	16.48B	18.51B
Common Stock	2.61B	3.38B	3.77B	3.8B	3.8B	3.8B	4.81B	4.81B	4.81B	4.81B
Additional Paid-in Capital	31.24B	50.71B	66.38B	67.17B	67.17B	67.17B	154.05B	154.14B	154.15B	154.2B
Retained Earnings	-747.61M	-1.12B	-2.17B	-3.12B	3.49B	-6.49B	-38.42B	-53.61B	-56.43B	-53.76B
Accumulated OCI	1.78B	737.27M	3.29B	4.86B	75M	-5.22B	-1.33B	-618M	0	0
Return on Assets (ROA)	0.01%	0%	0%	0.01%	-0.01%	-0.02%	-0.03%	-0.01%	0%	0%
Return on Equity (ROE)	0.03%	0.01%	0%	0.04%	-0.03%	-0.11%	-0.17%	-0.04%	0.03%	0.03%
Debt / Equity	1.59x	2.12x	3.19x	3.80x	4.53x	5.43x	3.54x	4.53x	5.39x	5.59x
Debt / Assets	0.54%	0.6%	0.69%	0.73%	0.74%	0.71%	0.7%	0.72%	0.75%	0.76%
Net Debt / EBITDA	9.87x	8.13x	10.54x	6.85x	7.88x	7.89x	8.74x	8.55x	9.90x	9.53x
Book Value per Share	153.06	189.16	215.79	190.49	196.76	161.57	316.58	314.19	332.95	357.86

Cash Flow

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operations+	3.56B	8.99B	19.91B	30B	35.09B	32.08B	42.39B	66.67B	68.93B	67.56B
Operating CF Growth %	4.33%	1.53%	1.21%	0.51%	0.17%	-0.09%	0.32%	0.57%	0.03%	-0.02%
Operating CF / Revenue %	-	-	-	-	-	-	-	-	-	-
Net Income	816.43M	338.24M	300M	4.93B	-623M	-5.13B	-12.23B	-2.47B	8.14B	10.03B
Depreciation & Amortization	2.07B	3.82B	7.11B	9.5B	11.24B	12.03B	13.76B	15.9B	17.58B	20.67B
Deferred Taxes	0	0	0	-570M	-1.84B	0	0	0	0	0
Other Non-Cash Items	3.57B	9.26B	13.54B	25.28B	32.89B	35.55B	43.77B	44.4B	36.39B	41.23B
Working Capital Changes	-2.97B	-4.72B	-1.44B	-9.32B	-6.65B	-10.57B	-5.32B	6.87B	5.16B	-5.65B
Capital Expenditures+	-34.65B	-67.84B	-104.58B	-61.2B	-39.3B	-24.48B	-89.83B	-91.38B	-153.84B	-93.66B
CapEx / Revenue %	-	-	-	-	-	-	-	-	-	-
CapEx / D&A	-	-	-	-	-	-	-	-	-	-
CapEx Coverage (OCF/CapEx)	-	-	-	-	-	-	-	-	-	-
Cash from Investing+	-43.52B	-59.92B	-104.58B	-53.41B	-53.72B	-17.41B	-124.75B	-79.99B	-162.53B	-74.16B
Acquisitions	0	-1.24B	-43.13B	-941M	-762M	3.61B	-11.16B	-3.13B	4.09B	3.59B
Purchase of Investments	0	0	0	-2.62B	-15.87B	-140.78B	15.87B	-435.54B	-443.99B	-363.8B
Sale of Investments	0	0	0	1000K	1000K	1000K	-1000K	1000K	1000K	1000K
Other Investing	-8.87B	9.17B	-9.15B	1.81B	54M	2.01B	-23.75B	8.04B	4.5B	4.49B
Cash from Financing+	35.72B	74.43B	71.44B	19.61B	21.61B	-7.08B	90.04B	23.02B	82.42B	19.98B
Dividends Paid	0	0	0	0	0	0	-19.61B	0	0	0
Dividend Payout Ratio %	-	-	-	-	-	-	-	-	-	-
Debt Issuance (Net)	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Stock Issued	0	0	0	560M	0	0	68B	17.77B	17M	20M
Share Repurchases	0	0	0	0	0	0	-1.31B	-13.28B	-4.82B	0
Other Financing	12.05B	24.76B	3.72B	-26.56B	-32.2B	-35.72B	33.55B	-39.85B	-45.82B	-56.35B
Net Change in Cash+	-4.24B	23.51B	-13.22B	-3.8B	2.97B	7.59B	7.7B	9.8B	-11.16B	13.4B
Exchange Rate Effect	0	0	0	0	0	0	1000K	1000K	1000K	1000K
Cash at Beginning	7.87B	3.63B	27.14B	13.91B	10.12B	13.09B	20.68B	28.38B	38.18B	27.02B
Cash at End	3.63B	27.14B	13.91B	10.12B	13.09B	20.68B	28.38B	38.18B	27.02B	40.42B
Free Cash Flow+	-31.09B	-58.84B	-84.67B	-31.2B	-4.21B	7.6B	-47.44B	-24.7B	-84.91B	-26.09B
FCF Growth %	-1.78%	-0.89%	-0.44%	0.63%	0.87%	2.8%	-7.24%	0.48%	-2.44%	0.69%
FCF Margin %	-	-	-	-	-	-	-	-	-	-
FCF / Net Income %	-	-	-	-	-	-	-	-	-	-

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	3.01%	0.72%	0.46%	3.5%	-3.47%	-10.89%	-16.82%	-3.94%	2.84%	3.02%
EBITDA Margin	89.87%	88.05%	86.54%	94.73%	90.16%	87.05%	80.8%	74.55%	78.13%	74.77%
Net Debt / EBITDA	9.87x	8.13x	10.54x	6.85x	7.88x	7.89x	8.74x	8.55x	9.90x	9.53x
Interest Coverage	-	-	-	1.19x	0.97x	62.99x	64.63x	0.83x	1.07x	86.76x
CapEx / Revenue	564.65%	518.93%	424.82%	141.85%	81.18%	50.81%	151.36%	116.82%	189.18%	96.49%
Debt / Equity	1.59x	2.12x	3.19x	3.80x	4.53x	5.43x	3.54x	4.53x	5.39x	5.59x
EPS Growth	3523.42%	-66.96%	-23.01%	658.62%	-206.67%	-183.66%	-103.2%	67.13%	174.36%	10.08%

Revenue by Segment

	2021	2022	2023	2024
Power	58.99B	70.53B	76.62B	81.61B
Power Growth	-	19.56%	8.64%	6.50%
Sale of goods	-	-	-	13.19B
Sale of goods Growth	-	-	-	-
Other Revenue	64M	87M	348M	350M
Other Revenue Growth	-	35.94%	300.00%	0.57%

Frequently Asked Questions

Valuation & Price

ReNew Energy Global Plc (RNW) has a price-to-earnings (P/E) ratio of 0.5x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

ReNew Energy Global Plc (RNW) reported $122.78B in revenue for fiscal year 2024. This represents a 31063% increase from $394.0M in 2012.

ReNew Energy Global Plc (RNW) grew revenue by 19.4% over the past year. This is strong growth.

Yes, ReNew Energy Global Plc (RNW) is profitable, generating $8.29B in net income for fiscal year 2024 (3.9% net margin).

Dividend & Returns

ReNew Energy Global Plc (RNW) has a return on equity (ROE) of 3.0%. This is below average, suggesting room for improvement.

ReNew Energy Global Plc (RNW) had negative free cash flow of $4.93B in fiscal year 2024, likely due to heavy capital investments.

Industry Metrics

ReNew Energy Global Plc (RNW) has a dividend payout ratio of 0%. This suggests the dividend is well-covered and sustainable.

US Stock Screener

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ReNew Energy Global Plc (RNW) 10-Year Financial Performance & Capital Metrics

RNW • • Utilities

UtilitiesRenewable EnergyRenewable Power GenerationSolar & Wind Power Developers

Revenue $97.06B +19.4%
EBITDA $72.58B +14.2%
Net Income $3.81B +12.0%
Free Cash Flow -$26.09B +69.3%
EBITDA Margin 74.77% -4.3%
Net Margin 3.93% -6.1%
ROE 3.02% +6.4%
Interest Coverage 86.76 +8024.4%
Debt/Equity 5.59 +3.7%
Net Debt/EBITDA 9.53 -3.7%
CapEx / Revenue 96.49% -49.0%
CapEx Coverage 0.72 +61.0%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong interest coverage of 86.8x
✓Trading at only 0.0x book value

✗Weaknesses

✗High debt to equity ratio of 5.6x
✗Weak 3Y average ROE of 0.6%
✗Weak momentum: RS Rating 13 (bottom 13%)
✗High leverage: 10.1x Debt/EBITDA
✗Trading more than 30% below 52-week high

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y42.01%

5Y14.93%

3Y17.82%

TTM46.76%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM317.9%

EPS CAGR

10Y-

5Y-

3Y-

TTM646.53%

ROCE

10Y Avg7.12%

5Y Avg6.99%

3Y Avg6.98%

Latest6.94%

Peer Comparison

Solar & Wind Power Developers

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
CWENClearway Energy, Inc.	3B	35.38	47.17	4.34%	20.01%	4.77%	1.5%	1.39
ENLTEnlight Renewable Energy Ltd	6.63B	50.22	38.63	52.71%	25.72%	1.9%		2.16
RNWReNew Energy Global Plc	1.33B	5.40	0.49	19.36%	6.75%	5.89%		5.59
SUUNPowerBank Corporation	59.72M	1.63	-1.68	-28.86%	-7.46%	-14.99%		3.81
RNWWWReNew Energy Global plc		0.01		19.36%	6.75%	5.89%		5.59

Profit & Loss

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Revenue+	6.14B	13.07B	24.62B	43.14B	48.41B	48.19B	59.35B	78.22B	81.32B	97.06B
Revenue Growth %	1.11%	1.13%	0.88%	0.75%	0.12%	-0%	0.23%	0.32%	0.04%	0.19%
Cost of Revenue	0	3.94M	522M	81M	530M	426M	324M	6.96B	3.84B	8.59B
Gross Profit+	6.14B	13.07B	24.09B	43.06B	47.88B	47.76B	59.02B	71.27B	77.47B	88.47B
Gross Margin %	-	-	-	-	-	-	-	-	-	-
Gross Profit Growth %	1.11%	1.13%	0.84%	0.79%	0.11%	-0%	0.24%	0.21%	0.09%	0.14%
Operating Expenses+	1.76B	5.44B	9.99B	12.62B	15.47B	17.84B	24.83B	28.86B	31.53B	36.56B
Other Operating Expenses	-	-	-	-	-	-	-	-	-	-
EBITDA+	5.51B	11.51B	21.3B	40.87B	43.65B	41.95B	47.95B	58.31B	63.53B	72.58B
EBITDA Margin %	-	-	-	-	-	-	-	-	-	-
EBITDA Growth %	1.14%	1.09%	0.85%	0.92%	0.07%	-0.04%	0.14%	0.22%	0.09%	0.14%
Depreciation & Amortization+	2.07B	3.82B	7.11B	9.5B	11.24B	12.03B	13.76B	15.9B	17.58B	20.67B
D&A / Revenue %	-	-	-	-	-	-	-	-	-	-
Operating Income (EBIT)+	3.44B	7.69B	14.2B	31.37B	32.41B	29.92B	34.19B	42.41B	45.95B	51.91B
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	1.19%	1.24%	0.85%	1.21%	0.03%	-0.08%	0.14%	0.24%	0.08%	0.13%
Interest Expense+	0	0	0	26.27B	33.44B	475M	529M	50.97B	43.03B	598.31M
Interest Coverage	-	-	-	1.19x	0.97x	62.99x	64.63x	0.83x	1.07x	86.76x
Interest / Revenue %	-	-	-	-	-	-	-	-	-	-
Non-Operating Income	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K
Pretax Income+	1.01B	1.02B	841M	4.93B	-623M	-5.13B	-12.23B	-2.47B	8.14B	10.03B
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	97.01M	508.31M	321M	1.82B	2.16B	2.9B	3.9B	2.56B	4B	5.44B
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	816.43M	338.24M	300M	2.65B	-2.7B	-7.82B	-16.08B	-4.82B	3.4B	3.81B
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	58.94%	-0.59%	-0.11%	7.82%	-2.02%	-1.9%	-1.06%	0.7%	1.71%	0.12%
EPS (Diluted)+	3.42	1.13	0.87	6.60	-7.04	-19.97	-40.58	-13.34	9.92	10.92
EPS Growth %	35.23%	-0.67%	-0.23%	6.59%	-2.07%	-1.84%	-1.03%	0.67%	1.74%	0.1%
EPS (Basic)	3.42	1.13	0.87	6.86	-7.04	-19.97	-40.58	-13.48	9.94	10.92
Diluted Shares Outstanding	238.82M	300.49M	346.07M	400.73M	400.73M	400.73M	399.18M	376.85M	365.51M	366.38M

Balance Sheet

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Total Assets+	107.12B	201.27B	345.77B	398.02B	479.56B	492.05B	641.34B	746.49B	873.93B	959.8B
Asset Growth %	1.59%	0.88%	0.72%	0.15%	0.2%	0.03%	0.3%	0.16%	0.17%	0.1%
PP&E (Net)+	75.24B	146.67B	245.89B	282.51B	345.3B	353.8B	455.06B	559.96B	696.6B	769.57B
PP&E / Total Assets %	-	-	-	-	-	-	-	-	-	-
Total Current Assets+	18.57B	41.39B	49.23B	51.17B	84.92B	92.32B	135.21B	109.87B	104.44B	118.38B
Cash & Equivalents	3.63B	27.14B	13.91B	10.12B	13.09B	20.68B	28.38B	38.18B	27.02B	40.42B
Receivables	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Inventory	0	13.64M	153M	719M	609M	833M	815M	1.19B	1.69B	4.16B
Other Current Assets	1.1B	2.79B	5.4B	5.01B	13.23B	2.78B	3.69B	2.22B	977M	8.06B
Long-Term Investments	2.39B	30.73M	4.18B	989M	1.29B	3B	1.32B	4.48B	6.57B	3.89B
Goodwill	22.66M	292.72M	10.95B	11.38B	11.38B	11.6B	11.6B	11.6B	11.6B	11.6B
Intangible Assets	41.85M	1.17B	26.63B	25.68B	24.59B	24.81B	28.13B	27B	26.29B	24.62B
Other Assets	10.85B	11.7B	8.89B	26.29B	12.08B	4.92B	8.97B	28.95B	22.89B	24.67B
Total Liabilities	70.57B	144.42B	271.09B	321.69B	400.71B	427.31B	514.97B	628.09B	752.24B	828.69B
Total Debt+	58.06B	120.77B	238.45B	289.98B	357.07B	351.65B	447.71B	536.58B	655.66B	732.28B
Net Debt	54.43B	93.63B	224.54B	279.87B	343.98B	330.97B	419.33B	498.39B	628.64B	691.86B
Long-Term Debt	51.9B	102.45B	209.29B	253.78B	320.61B	308.44B	373.73B	467.29B	565.86B	582.31B
Short-Term Borrowings	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Capital Lease Obligations	0	0	0	0	1.65B	2.11B	3.45B	6.17B	8.35B	9.26B
Total Current Liabilities+	17.89B	40.61B	53.29B	58.06B	52.73B	60.79B	101.28B	115.93B	142.04B	196.44B
Accounts Payable	330.33M	2.4B	2.73B	3.03B	3.73B	3.25B	5.61B	6.12B	9.09B	8.17B
Accrued Expenses	213.19M	1.35B	1.81B	2.31B	2.5B	2.9B	3.86B	3.21B	2.96B	5.41B
Deferred Revenue	0	0	0	0	0	100M	11M	11M	11M	1.25B
Other Current Liabilities	11.19B	18.54B	19.58B	16.52B	11.16B	1.89B	5.98B	38.44B	42.86B	35.07B
Deferred Taxes	0	0	0	0	0	1000K	1000K	1000K	1000K	1000K
Other Liabilities	779.35M	1.36B	8.52B	9.84B	25.98B	43.41B	24.28B	23.75B	17.96B	17B
Total Equity+	36.55B	56.84B	74.68B	76.33B	78.85B	64.75B	126.37B	118.4B	121.7B	131.11B
Equity Growth %	1.07%	0.56%	0.31%	0.02%	0.03%	-0.18%	0.95%	-0.06%	0.03%	0.08%
Shareholders Equity	34.89B	53.72B	71.27B	72.71B	74.53B	62.08B	118.44B	106.85B	105.22B	112.6B
Minority Interest	1.67B	3.13B	3.41B	3.63B	4.32B	2.67B	7.93B	11.55B	16.48B	18.51B
Common Stock	2.61B	3.38B	3.77B	3.8B	3.8B	3.8B	4.81B	4.81B	4.81B	4.81B
Additional Paid-in Capital	31.24B	50.71B	66.38B	67.17B	67.17B	67.17B	154.05B	154.14B	154.15B	154.2B
Retained Earnings	-747.61M	-1.12B	-2.17B	-3.12B	3.49B	-6.49B	-38.42B	-53.61B	-56.43B	-53.76B
Accumulated OCI	1.78B	737.27M	3.29B	4.86B	75M	-5.22B	-1.33B	-618M	0	0
Return on Assets (ROA)	0.01%	0%	0%	0.01%	-0.01%	-0.02%	-0.03%	-0.01%	0%	0%
Return on Equity (ROE)	0.03%	0.01%	0%	0.04%	-0.03%	-0.11%	-0.17%	-0.04%	0.03%	0.03%
Debt / Equity	1.59x	2.12x	3.19x	3.80x	4.53x	5.43x	3.54x	4.53x	5.39x	5.59x
Debt / Assets	0.54%	0.6%	0.69%	0.73%	0.74%	0.71%	0.7%	0.72%	0.75%	0.76%
Net Debt / EBITDA	9.87x	8.13x	10.54x	6.85x	7.88x	7.89x	8.74x	8.55x	9.90x	9.53x
Book Value per Share	153.06	189.16	215.79	190.49	196.76	161.57	316.58	314.19	332.95	357.86

Cash Flow

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operations+	3.56B	8.99B	19.91B	30B	35.09B	32.08B	42.39B	66.67B	68.93B	67.56B
Operating CF Growth %	4.33%	1.53%	1.21%	0.51%	0.17%	-0.09%	0.32%	0.57%	0.03%	-0.02%
Operating CF / Revenue %	-	-	-	-	-	-	-	-	-	-
Net Income	816.43M	338.24M	300M	4.93B	-623M	-5.13B	-12.23B	-2.47B	8.14B	10.03B
Depreciation & Amortization	2.07B	3.82B	7.11B	9.5B	11.24B	12.03B	13.76B	15.9B	17.58B	20.67B
Deferred Taxes	0	0	0	-570M	-1.84B	0	0	0	0	0
Other Non-Cash Items	3.57B	9.26B	13.54B	25.28B	32.89B	35.55B	43.77B	44.4B	36.39B	41.23B
Working Capital Changes	-2.97B	-4.72B	-1.44B	-9.32B	-6.65B	-10.57B	-5.32B	6.87B	5.16B	-5.65B
Capital Expenditures+	-34.65B	-67.84B	-104.58B	-61.2B	-39.3B	-24.48B	-89.83B	-91.38B	-153.84B	-93.66B
CapEx / Revenue %	-	-	-	-	-	-	-	-	-	-
CapEx / D&A	-	-	-	-	-	-	-	-	-	-
CapEx Coverage (OCF/CapEx)	-	-	-	-	-	-	-	-	-	-
Cash from Investing+	-43.52B	-59.92B	-104.58B	-53.41B	-53.72B	-17.41B	-124.75B	-79.99B	-162.53B	-74.16B
Acquisitions	0	-1.24B	-43.13B	-941M	-762M	3.61B	-11.16B	-3.13B	4.09B	3.59B
Purchase of Investments	0	0	0	-2.62B	-15.87B	-140.78B	15.87B	-435.54B	-443.99B	-363.8B
Sale of Investments	0	0	0	1000K	1000K	1000K	-1000K	1000K	1000K	1000K
Other Investing	-8.87B	9.17B	-9.15B	1.81B	54M	2.01B	-23.75B	8.04B	4.5B	4.49B
Cash from Financing+	35.72B	74.43B	71.44B	19.61B	21.61B	-7.08B	90.04B	23.02B	82.42B	19.98B
Dividends Paid	0	0	0	0	0	0	-19.61B	0	0	0
Dividend Payout Ratio %	-	-	-	-	-	-	-	-	-	-
Debt Issuance (Net)	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Stock Issued	0	0	0	560M	0	0	68B	17.77B	17M	20M
Share Repurchases	0	0	0	0	0	0	-1.31B	-13.28B	-4.82B	0
Other Financing	12.05B	24.76B	3.72B	-26.56B	-32.2B	-35.72B	33.55B	-39.85B	-45.82B	-56.35B
Net Change in Cash+	-4.24B	23.51B	-13.22B	-3.8B	2.97B	7.59B	7.7B	9.8B	-11.16B	13.4B
Exchange Rate Effect	0	0	0	0	0	0	1000K	1000K	1000K	1000K
Cash at Beginning	7.87B	3.63B	27.14B	13.91B	10.12B	13.09B	20.68B	28.38B	38.18B	27.02B
Cash at End	3.63B	27.14B	13.91B	10.12B	13.09B	20.68B	28.38B	38.18B	27.02B	40.42B
Free Cash Flow+	-31.09B	-58.84B	-84.67B	-31.2B	-4.21B	7.6B	-47.44B	-24.7B	-84.91B	-26.09B
FCF Growth %	-1.78%	-0.89%	-0.44%	0.63%	0.87%	2.8%	-7.24%	0.48%	-2.44%	0.69%
FCF Margin %	-	-	-	-	-	-	-	-	-	-
FCF / Net Income %	-	-	-	-	-	-	-	-	-	-

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	3.01%	0.72%	0.46%	3.5%	-3.47%	-10.89%	-16.82%	-3.94%	2.84%	3.02%
EBITDA Margin	89.87%	88.05%	86.54%	94.73%	90.16%	87.05%	80.8%	74.55%	78.13%	74.77%
Net Debt / EBITDA	9.87x	8.13x	10.54x	6.85x	7.88x	7.89x	8.74x	8.55x	9.90x	9.53x
Interest Coverage	-	-	-	1.19x	0.97x	62.99x	64.63x	0.83x	1.07x	86.76x
CapEx / Revenue	564.65%	518.93%	424.82%	141.85%	81.18%	50.81%	151.36%	116.82%	189.18%	96.49%
Debt / Equity	1.59x	2.12x	3.19x	3.80x	4.53x	5.43x	3.54x	4.53x	5.39x	5.59x
EPS Growth	3523.42%	-66.96%	-23.01%	658.62%	-206.67%	-183.66%	-103.2%	67.13%	174.36%	10.08%

Revenue by Segment

	2021	2022	2023	2024
Power	58.99B	70.53B	76.62B	81.61B
Power Growth	-	19.56%	8.64%	6.50%
Sale of goods	-	-	-	13.19B
Sale of goods Growth	-	-	-	-
Other Revenue	64M	87M	348M	350M
Other Revenue Growth	-	35.94%	300.00%	0.57%

Frequently Asked Questions

Valuation & Price

ReNew Energy Global Plc (RNW) has a price-to-earnings (P/E) ratio of 0.5x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

ReNew Energy Global Plc (RNW) reported $122.78B in revenue for fiscal year 2024. This represents a 31063% increase from $394.0M in 2012.

ReNew Energy Global Plc (RNW) grew revenue by 19.4% over the past year. This is strong growth.

Yes, ReNew Energy Global Plc (RNW) is profitable, generating $8.29B in net income for fiscal year 2024 (3.9% net margin).

Dividend & Returns

ReNew Energy Global Plc (RNW) has a return on equity (ROE) of 3.0%. This is below average, suggesting room for improvement.

ReNew Energy Global Plc (RNW) had negative free cash flow of $4.93B in fiscal year 2024, likely due to heavy capital investments.

Industry Metrics

ReNew Energy Global Plc (RNW) has a dividend payout ratio of 0%. This suggests the dividend is well-covered and sustainable.