ReNew Energy Global Plc

DB:7JU Stock Report

Market Cap: €2.4b

ReNew Energy Global Management

Management criteria checks 1/4

ReNew Energy Global's CEO is Sumant Sinha, appointed in Jan 2011, has a tenure of 13.92 years. total yearly compensation is ₹556.98M, comprised of 18.4% salary and 81.6% bonuses, including company stock and options. directly owns 1.79% of the company’s shares, worth €42.97M. The average tenure of the management team and the board of directors is 3.4 years and 2.3 years respectively.

Key information

Sumant Sinha

Chief executive officer

₹557.0m

Total compensation

CEO salary percentage18.4%
CEO tenure13.9yrs
CEO ownership1.8%
Management average tenure3.4yrs
Board average tenure2.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Sumant Sinha's remuneration changed compared to ReNew Energy Global's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹2b

Jun 30 2024n/an/a

₹815m

Mar 31 2024₹557m₹103m

₹3b

Dec 31 2023n/an/a

₹4b

Sep 30 2023n/an/a

₹3b

Jun 30 2023n/an/a

-₹2b

Mar 31 2023₹142m₹70m

-₹5b

Dec 31 2022n/an/a

-₹9b

Sep 30 2022n/an/a

-₹11b

Jun 30 2022n/an/a

-₹17b

Mar 31 2022₹99m₹57m

-₹16b

Dec 31 2021n/an/a

-₹16b

Sep 30 2021n/an/a

-₹14b

Jun 30 2021n/an/a

-₹7b

Mar 31 2021₹191mn/a

-₹8b

Dec 31 2020n/an/a

-₹9b

Sep 30 2020n/an/a

-₹7b

Jun 30 2020n/an/a

-₹5b

Mar 31 2020₹215mn/a

-₹3b

Dec 31 2019n/an/a

-₹2b

Sep 30 2019n/an/a

-₹2b

Jun 30 2019n/an/a

-₹473m

Mar 31 2019₹302mn/a

₹3b

Compensation vs Market: Sumant's total compensation ($USD6.56M) is above average for companies of similar size in the German market ($USD1.94M).

Compensation vs Earnings: Sumant's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Sumant Sinha (59 yo)

13.9yrs

Tenure

₹556,977,882

Compensation

Mr. Sumant Sinha serves as Chief Executive Officer at ReNew Energy Global plc since August 2021. He had been Managing Director of ReNew Energy Global plc (formerly ReNew Power Ltd) since 2018 until August...

Leadership Team

NamePositionTenureCompensationOwnership
Sumant Sinha
Founder13.9yrs₹556.98m1.79%
€ 43.0m
Kailash Vaswani
Chief Financial Officer1.2yrsno datano data
Nathan Judge
Investor Relations Officerno datano datano data
Ashish Jain
Company Secretary & Compliance Officer6.9yrs₹7.00mno data
Vikash Jain
Group President of Legal & CS2.6yrsno datano data
Ajay Tripathi
Chief Human Resources Officer3.4yrsno datano data
Vaishali Sinha
Cofounder of ReNew & Chairperson of Sustainability4.9yrs₹20.00mno data
Balram Mehta
COO and Group President of ReNew Services Business & Wind Projects1.7yrs₹30.00mno data
Sanjay Varghese
Group President of Solar Manufacturing & Solar Projects5.2yrsno datano data
Vikram Kapur
Group President of Growth Business (Green Hydrogen2.6yrsno datano data

3.4yrs

Average Tenure

50yo

Average Age

Experienced Management: 7JU's management team is considered experienced (3.4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Sumant Sinha
Founder13.9yrs₹556.98m1.79%
€ 43.0m
Paula Gold-Williams
Independent Director1.3yrs₹6.71mno data
Nicoletta Giadrossi-Morel
Independent Director1.3yrs₹6.57mno data
Manoj Singh
Lead Independent Director3.3yrs₹16.29m0.010%
€ 247.7k
Sumantra Chakrabarti
Independent Directorno data₹12.34m0.010%
€ 247.7k
Vanitha Narayanan
Independent Director4.2yrs₹12.15m0.010%
€ 247.7k
Philip New
Independent Director1.3yrs₹6.50mno data
Yuzhi Wang
Investor Nominee Director2.5yrsno datano data
Kavita Saha
Investor Nominee Director2.3yrsno datano data
William Shepheard Rogers
CPPIB Investor Nominee Director1.3yrsno datano data

2.3yrs

Average Tenure

60.5yo

Average Age

Experienced Board: 7JU's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 13:13
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

ReNew Energy Global Plc is covered by 8 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Julien Dumoulin-SmithBofA Global Research
Nikhil BhandariGoldman Sachs
Puneet GulatiHSBC