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ReNew Energy Global plc (RNW)

NEUTRAL
UtilitiesUtilities - RenewableUnited Kingdom

Fundamental

53

Price

$6.82

Market Cap

$2.48B

Part 1 · What the company is worth

Overview

ReNew Energy Global Plc, together with its subsidiaries, engages in the generation of power through non-conventional and renewable energy sources in India. It operates through two segments, Generation and Sale of Renewable Power, and Manufacturing of Power Equipment's. The company develops and owns utility scale wind and solar energy projects, corporate wind and solar energy projects, and utility-scale firm power projects. It also provides operation and maintenance services; consultancy services; solar modules and related products manufacturing activity; sale of power, and software services; transmission line projects; and engineering, procurement, and construction services. As of May 18, 2026, the company operates 20.2 giga watts total capacity of clean energy portfolio. ReNew Energy Global Plc was founded in 2011 and is based in London, the United Kingdom.

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Direct competitors

Who this company fights with for the same customers

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No competitor list for this company yet.

Balance Sheet & Liquidity

Revenue

$132.20B

Trailing 12 months (through 3/31/2026)

Net Income

$9.84B

Trailing 12 months (through 3/31/2026)

Free Cash Flow

$-70.87B

Total Equity

$920M

Total Liabilities

$806.95B

Current Ratio

0.43

Interest Coverage

-

Debt/EBITDA

8.96

Earnings Per Share

Revenue & Net Income

Free Cash Flow

Income Breakdown

Historical statement

Margins over time

Debt over time

How heavy the debt is

Growth grid

Growth — Revenue

Fair Value Estimation

Regulated utilityUndervalued

Fair Value

$178.09

Current Price

$6.82

Margin of Safety

+96.2%

Fair Value Range

$115.76 - $240.42

Estimation Methods

Analyst price target:$7.92
Discounted cash flow (DCF):$5.00
Earnings multiple (P/E):$4.38
Graham growth formula:Not applicable to this type of company
Earnings power value (EPV):$1382.18
Justified P/B:Not applicable to this type of company
Dividend discount (Gordon):Not enough data to compute it
P/FFO, funds from operations:Not applicable to this type of company
Mid-cycle earnings:Not applicable to this type of company
Revenue multiple:Not applicable to this type of company
Analyst Consensus:Buy (6B / 3H / 0S)
Last Earnings Surprise:+13323.27%

Valuation Metrics

P/E Ratio

21.98

ROE

7.7%

P/B Ratio

1.82

P/FCF

-

Gross Margin

81.4%

ROIC

6.3%

Profitability Radar

Value Creation (Economic Moat)

ROIC

6.3%

WACC

0.0%

ROIC − WACC

+6.3 pp

ROIC exceeds the cost of capital — the company is creating value for shareholders.

Fundamental Analysis Criteria

Passed (9)

  • ROIC 6.3%
  • Gross Margin 81.4%
  • P/B Ratio 1.82
  • ROE 8.0%
  • Revenue Growth 5Y 22.4%
  • Analyst Consensus 67% Buy
  • Earnings Surprise avg 3324.2%
  • Earnings Quality (OCF/NI) 8.78
  • Net Margin Trend 7.9% vs 4.7%

Failed (7)

  • Price CAGR -2.63%
  • Debt/Equity ratio
  • Positive Free Cash Flow
  • Current Ratio
  • Debt/EBITDA
  • DCF valuation (Unknown)
  • Piotroski F-Score 2/9

Unavailable (11)

  • EPS data insufficient
  • P/FCF NaN
  • Dividend Payout NaN%
  • Operating Margin NaN%
  • CapEx intensity
  • Interest Coverage
  • Return on Tangible Assets
  • Low reliance on intangibles
  • Price below Graham Number
  • PEG Ratio (need PE > 0 and growth > 0)
  • Share Dilution (missing shares data)

Piotroski F-Score

2/9

Serious financial concerns

score
criteria

Earnings Quality

8.78

High quality: earnings backed by cash

Share Dilution

-

Buying back shares. Shareholder friendly

Governance

Executive Team

NameTitleAge
Mr. Sumant SinhaFounder, Chairman & CEO60
Mr. Kailash VaswaniChief Financial Officer46
Mr. Anunay ShahiHead of Investor Relations-
Mr. Vikash Sohanlal JainGroup President of Legal & CS47
Mr. Ajay TripathiChief Human Resources Officer-
Ms. Vaishali Nigam SinhaCofounder of ReNew & Chairperson of Sustainability-
Mr. Sanjay Chacko VargheseGroup President of Solar Manufacturing & Solar Projects55
Mr. Vikram KapurGroup President of Commercial, Regulatory & New Businesses-
Mr. Sivaprasad ManikkapurathPresident of Solar Utility Scale-
Nikunj KathuriaHead of Corporate Finance – Fund Raise and M&A-

Part 2 · The price and when to enter

This part won't tell you whether the company is worth owning: it helps you choose when to buy it, once the fundamentals have convinced you. Inside: technical analysis, potential, historical drawdowns, gamma exposure.

Latest News

Recent headlines for RNW, sourced from Markets Gazette.

  • 3/18/2026POSITIVE
    India’s ReNew Energy to Secure $800 Million Refinancing Loan

    ReNew Energy Global Plc is reportedly close to securing an approximately $800 million foreign-currency loan. This transaction is poised to be the largest offshore financing deal in India for the current year. The successful acquisition of this significant loan facility will bolster ReNew's financial flexibility, enabling it to fund ongoing and future renewable energy projects. For investors, this development signals strong financial backing and operational momentum for the company in the rapidly expanding Indian renewable energy sector.

via Markets Gazette