ReNew Energy Global Future Growth
Future criteria checks 4/6
ReNew Energy Global is forecasted to grow earnings and revenue by 87% and 17.6% per annum respectively. EPS is expected to grow by 127.7%. Return on equity is forecast to be 2.7% in 3 years.
Key information
87.0%
Earnings growth rate
127.7%
EPS growth rate
| Renewable Energy earnings growth | 21.0% |
| Revenue growth rate | 17.6% |
| Future return on equity | 2.7% |
| Analyst coverage | Good |
| Last updated | 23 May 2023 |
Recent future growth updates
Recent updates
The Returns At ReNew Energy Global (NASDAQ:RNW) Aren't Growing
May 27
ReNew 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 |
|---|---|---|---|---|---|
| 3/31/2026 | 115,095 | N/A | N/A | 65,544 | 1 |
| 3/31/2025 | 114,383 | -1,927 | -48,709 | 50,799 | 5 |
| 3/31/2024 | 97,177 | 11,311 | -102,831 | 52,456 | 7 |
| 3/31/2023 | 77,271 | -6,621 | -67,744 | 62,404 | 7 |
| 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 | -32,386 | 19,911 | N/A |
| 12/31/2017 | 21,600 | 240 | -50,708 | 15,424 | N/A |
| 9/30/2017 | 19,692 | 1,031 | -62,730 | 6,010 | N/A |
| 6/30/2017 | 16,383 | 683 | -60,788 | 5,657 | N/A |
| 3/31/2017 | 13,073 | 338 | -58,845 | 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 |
| 3/31/2013 | 394 | 72 | N/A | 38 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RNW is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.1%).
Earnings vs Market: RNW is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: RNW is expected to become profitable in the next 3 years.
Revenue vs Market: RNW's revenue (17.6% per year) is forecast to grow faster than the US market (7.9% per year).
High Growth Revenue: RNW's revenue (17.6% per year) is forecast to grow slower 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 (2.7%).