ReNew Energy Global Future Growth
Future criteria checks 5/6
ReNew Energy Global is forecast to grow earnings and revenue by 81.9% and 22.5% per annum respectively. EPS is expected to grow by 81% per annum. Return on equity is forecast to be 9.2% in 3 years.
Key information
81.9%
Earnings growth rate
81.0%
EPS growth rate
| Renewable Energy earnings growth | 19.7% |
| Revenue growth rate | 22.5% |
| Future return on equity | 9.2% |
| Analyst coverage | Good |
| Last updated | 27 Sep 2024 |
Recent future growth updates
Recent updates
Is ReNew Energy Global (NASDAQ:RNW) A Risky Investment?
Sep 27
ReNew Energy's Q1 Snapshot: Strong Winds, Stronger Challenges
Aug 28ReNew Energy Global (NASDAQ:RNW) Will Want To Turn Around Its Return Trends
Jul 25ReNew Energy Global Emerging As Leader In India's Renewable Transition
Jun 18Should You Think About Buying ReNew Energy Global Plc (NASDAQ:RNW) Now?
May 23ReNew Energy Global: Structural Growth Opportunities Clouded By Debt
May 14Fewer Investors Than Expected Jumping On ReNew Energy Global Plc (NASDAQ:RNW)
May 01Some Investors May Be Worried About ReNew Energy Global's (NASDAQ:RNW) Returns On Capital
Apr 09These 4 Measures Indicate That ReNew Energy Global (NASDAQ:RNW) Is Using Debt In A Risky Way
Mar 19ReNew Energy Global: The Indian Renewables Opportunity Is Opening Up
Feb 21Market Still Lacking Some Conviction On ReNew Energy Global Plc (NASDAQ:RNW)
Jan 28Is Now An Opportune Moment To Examine ReNew Energy Global Plc (NASDAQ:RNW)?
Jan 06The Returns At ReNew Energy Global (NASDAQ:RNW) Aren't Growing
Dec 14Returns On Capital At ReNew Energy Global (NASDAQ:RNW) Have Hit The Brakes
Sep 08The Returns At ReNew Energy Global (NASDAQ:RNW) Aren't Growing
May 27ReNew Energy Global (NASDAQ:RNW) Has More To Do To Multiply In Value Going Forward
Feb 07ReNew Energy Global: Big Upside For Participating In Indian Renewables Growth
Oct 19ReNew Energy Global (NASDAQ:RNW) Is Experiencing Growth In Returns On Capital
Oct 18ReNew Energy Global reports Q1 results
Aug 18ReNew Energy Global (NASDAQ:RNW) Is Looking To Continue Growing Its Returns On Capital
Jul 04ReNew: Value-Growth Mix But Not A Buy Yet
Mar 17ReNew Energy Global's (NASDAQ:RNW) Returns On Capital Are Heading Higher
Mar 16Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 3/31/2027 | 151,492 | 28,529 | N/A | 96,473 | 6 |
| 3/31/2026 | 128,471 | 21,535 | 26,471 | 68,244 | 7 |
| 3/31/2025 | 98,163 | 2,553 | -24,381 | 63,742 | 6 |
| 6/30/2024 | 82,100 | 815 | -89,857 | 65,371 | N/A |
| 3/31/2024 | 81,319 | 3,404 | -84,908 | 68,931 | N/A |
| 12/31/2023 | 86,518 | 3,824 | -75,624 | 67,290 | N/A |
| 9/30/2023 | 83,695 | 3,027 | -49,658 | 69,841 | N/A |
| 6/30/2023 | 77,299 | -1,730 | -25,560 | 71,478 | N/A |
| 3/31/2023 | 78,223 | -4,817 | -20,792 | 65,572 | N/A |
| 12/31/2022 | 69,850 | -8,607 | -10,971 | 69,204 | N/A |
| 9/30/2022 | 68,576 | -10,978 | -24,706 | 59,533 | N/A |
| 6/30/2022 | 66,006 | -16,606 | -50,574 | 43,327 | N/A |
| 3/31/2022 | 59,349 | -16,077 | -47,440 | 42,390 | N/A |
| 12/31/2021 | 55,303 | -16,298 | -49,902 | 31,689 | N/A |
| 9/30/2021 | 53,292 | -13,614 | -34,878 | 30,358 | N/A |
| 6/30/2021 | 50,003 | -7,078 | -8,599 | 32,356 | N/A |
| 3/31/2021 | 48,187 | -7,818 | 7,599 | 32,081 | N/A |
| 12/31/2020 | 47,489 | -9,223 | 13,843 | 33,041 | N/A |
| 9/30/2020 | 45,920 | -7,150 | 14,311 | 35,983 | N/A |
| 6/30/2020 | 47,166 | -4,923 | 5,160 | 35,536 | N/A |
| 3/31/2020 | 48,412 | -2,696 | -3,992 | 35,088 | N/A |
| 12/31/2019 | 46,288 | -2,283 | -20,861 | 32,495 | N/A |
| 9/30/2019 | 46,043 | -1,746 | -32,937 | 29,155 | N/A |
| 6/30/2019 | 44,594 | -473 | -32,903 | 28,702 | N/A |
| 3/31/2019 | 43,144 | 2,646 | -31,199 | 30,000 | N/A |
| 12/31/2018 | 40,761 | 2,663 | -27,297 | 26,772 | N/A |
| 9/30/2018 | 37,269 | 3,671 | -28,070 | 26,487 | N/A |
| 6/30/2018 | 30,943 | 1,986 | -30,228 | 23,199 | N/A |
| 3/31/2018 | 24,617 | 300 | N/A | 19,911 | N/A |
| 12/31/2017 | 21,600 | 240 | N/A | 15,424 | N/A |
| 9/30/2017 | 19,692 | 1,031 | N/A | 6,010 | N/A |
| 6/30/2017 | 16,383 | 683 | N/A | 5,657 | N/A |
| 3/31/2017 | 13,073 | 338 | N/A | 8,994 | N/A |
| 3/31/2016 | 6,136 | 816 | N/A | 3,556 | N/A |
| 3/31/2014 | 2,910 | -14 | N/A | 667 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RNW's forecast earnings growth (81.9% per year) is above the savings rate (2.5%).
Earnings vs Market: RNW's earnings (81.9% per year) are forecast to grow faster than the US market (15.2% per year).
High Growth Earnings: RNW's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: RNW's revenue (22.5% per year) is forecast to grow faster than the US market (8.7% per year).
High Growth Revenue: RNW's revenue (22.5% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RNW's Return on Equity is forecast to be low in 3 years time (9.2%).