ReNew Energy Global Plc

NasdaqGS:RNW Stock Report

Market Cap: US$2.5b

ReNew Energy Global Future Growth

Future criteria checks 5/6

ReNew Energy Global is forecast to grow earnings and revenue by 54.8% and 22.1% per annum respectively. EPS is expected to grow by 57.6% per annum. Return on equity is forecast to be 7.6% in 3 years.

Key information

54.8%

Earnings growth rate

57.6%

EPS growth rate

Renewable Energy earnings growth12.1%
Revenue growth rate22.1%
Future return on equity7.6%
Analyst coverage

Good

Last updated19 Dec 2024

Recent future growth updates

Recent updates

It's A Story Of Risk Vs Reward With ReNew Energy Global Plc (NASDAQ:RNW)

Oct 23
It's A Story Of Risk Vs Reward With ReNew Energy Global Plc (NASDAQ:RNW)

Is ReNew Energy Global (NASDAQ:RNW) A Risky Investment?

Sep 27
Is ReNew Energy Global (NASDAQ:RNW) A Risky Investment?

ReNew Energy's Q1 Snapshot: Strong Winds, Stronger Challenges

Aug 28

ReNew Energy Global (NASDAQ:RNW) Will Want To Turn Around Its Return Trends

Jul 25
ReNew Energy Global (NASDAQ:RNW) Will Want To Turn Around Its Return Trends

ReNew Energy Global Emerging As Leader In India's Renewable Transition

Jun 18

Should You Think About Buying ReNew Energy Global Plc (NASDAQ:RNW) Now?

May 23
Should You Think About Buying ReNew Energy Global Plc (NASDAQ:RNW) Now?

ReNew Energy Global: Structural Growth Opportunities Clouded By Debt

May 14

Fewer Investors Than Expected Jumping On ReNew Energy Global Plc (NASDAQ:RNW)

May 01
Fewer Investors Than Expected Jumping On ReNew Energy Global Plc (NASDAQ:RNW)

Some Investors May Be Worried About ReNew Energy Global's (NASDAQ:RNW) Returns On Capital

Apr 09
Some Investors May Be Worried About ReNew Energy Global's (NASDAQ:RNW) Returns On Capital

These 4 Measures Indicate That ReNew Energy Global (NASDAQ:RNW) Is Using Debt In A Risky Way

Mar 19
These 4 Measures Indicate That ReNew Energy Global (NASDAQ:RNW) Is Using Debt In A Risky Way

ReNew Energy Global: The Indian Renewables Opportunity Is Opening Up

Feb 21

Market Still Lacking Some Conviction On ReNew Energy Global Plc (NASDAQ:RNW)

Jan 28
Market Still Lacking Some Conviction On ReNew Energy Global Plc (NASDAQ:RNW)

Is Now An Opportune Moment To Examine ReNew Energy Global Plc (NASDAQ:RNW)?

Jan 06
Is Now An Opportune Moment To Examine ReNew Energy Global Plc (NASDAQ:RNW)?

The Returns At ReNew Energy Global (NASDAQ:RNW) Aren't Growing

Dec 14
The Returns At ReNew Energy Global (NASDAQ:RNW) Aren't Growing

Returns On Capital At ReNew Energy Global (NASDAQ:RNW) Have Hit The Brakes

Sep 08
Returns On Capital At ReNew Energy Global (NASDAQ:RNW) Have Hit The Brakes

The Returns At ReNew Energy Global (NASDAQ:RNW) Aren't Growing

May 27
The Returns At ReNew Energy Global (NASDAQ:RNW) Aren't Growing

ReNew Energy Global (NASDAQ:RNW) Has More To Do To Multiply In Value Going Forward

Feb 07
ReNew Energy Global (NASDAQ:RNW) Has More To Do To Multiply In Value Going Forward

ReNew Energy Global: Big Upside For Participating In Indian Renewables Growth

Oct 19

ReNew Energy Global (NASDAQ:RNW) Is Experiencing Growth In Returns On Capital

Oct 18
ReNew Energy Global (NASDAQ:RNW) Is Experiencing Growth In Returns On Capital

ReNew Energy Global reports Q1 results

Aug 18

ReNew Energy Global (NASDAQ:RNW) Is Looking To Continue Growing Its Returns On Capital

Jul 04
ReNew Energy Global (NASDAQ:RNW) Is Looking To Continue Growing Its Returns On Capital

ReNew: Value-Growth Mix But Not A Buy Yet

Mar 17

ReNew Energy Global's (NASDAQ:RNW) Returns On Capital Are Heading Higher

Mar 16
ReNew Energy Global's (NASDAQ:RNW) Returns On Capital Are Heading Higher

Earnings and Revenue Growth Forecasts

NasdaqGS:RNW - Analysts future estimates and past financials data (INR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/2027154,03930,379N/A96,4735
3/31/2026129,56723,604-2,20767,6906
3/31/202599,0446,038-23,62762,3765
9/30/202483,6591,983-68,45466,603N/A
6/30/202482,100815-89,85765,371N/A
3/31/202481,3193,404-84,90868,931N/A
12/31/202386,5183,824-75,62467,290N/A
9/30/202383,6953,027-49,65869,841N/A
6/30/202377,299-1,730-25,56071,478N/A
3/31/202378,223-4,817-20,79265,572N/A
12/31/202269,850-8,607-10,97169,204N/A
9/30/202268,576-10,978-24,70659,533N/A
6/30/202266,006-16,606-50,57443,327N/A
3/31/202259,349-16,077-47,44042,390N/A
12/31/202155,303-16,298-49,90231,689N/A
9/30/202153,292-13,614-34,87830,358N/A
6/30/202150,003-7,078-8,59932,356N/A
3/31/202148,187-7,8187,59932,081N/A
12/31/202047,489-9,22313,84333,041N/A
9/30/202045,920-7,15014,31135,983N/A
6/30/202047,166-4,9235,16035,536N/A
3/31/202048,412-2,696-3,99235,088N/A
12/31/201946,288-2,283-20,86132,495N/A
9/30/201946,043-1,746-32,93729,155N/A
6/30/201944,594-473-32,90328,702N/A
3/31/201943,1442,646-31,19930,000N/A
12/31/201840,7612,663-27,29726,772N/A
9/30/201837,2693,671-28,07026,487N/A
6/30/201830,9431,986N/A23,199N/A
3/31/201824,617300N/A19,911N/A
12/31/201721,600240N/A15,424N/A
9/30/201719,6921,031N/A6,010N/A
6/30/201716,383683N/A5,657N/A
3/31/201713,073338N/A8,994N/A
3/31/20166,136816N/A3,556N/A
3/31/20142,910-14N/A667N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: RNW's forecast earnings growth (54.8% per year) is above the savings rate (2.6%).

Earnings vs Market: RNW's earnings (54.8% 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 (22.1% per year) is forecast to grow faster than the US market (9.1% per year).

High Growth Revenue: RNW's revenue (22.1% 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 (7.6%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 03:33
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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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