ReNew Energy Global Management
Management criteria checks 2/4
ReNew Energy Global's CEO is Sumant Sinha, appointed in Jan 2011, has a tenure of 14.08 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 $42.56M. The average tenure of the management team and the board of directors is 3.2 years and 2.6 years respectively.
Key information
Sumant Sinha
Chief executive officer
₹557.0m
Total compensation
| CEO salary percentage | 18.4% |
| CEO tenure | 14.1yrs |
| CEO ownership | 1.8% |
| Management average tenure | 3.2yrs |
| Board average tenure | 2.6yrs |
Recent management updates
Recent updates
It's A Story Of Risk Vs Reward With ReNew Energy Global Plc (NASDAQ:RNW)
Oct 23
Is ReNew Energy Global (NASDAQ:RNW) A Risky Investment?
Sep 27ReNew 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 16CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | ₹2b |
| Jun 30 2024 | n/a | n/a | ₹815m |
| Mar 31 2024 | ₹557m | ₹103m | ₹3b |
| Dec 31 2023 | n/a | n/a | ₹4b |
| Sep 30 2023 | n/a | n/a | ₹3b |
| Jun 30 2023 | n/a | n/a | -₹2b |
| Mar 31 2023 | ₹142m | ₹70m | -₹5b |
| Dec 31 2022 | n/a | n/a | -₹9b |
| Sep 30 2022 | n/a | n/a | -₹11b |
| Jun 30 2022 | n/a | n/a | -₹17b |
| Mar 31 2022 | ₹99m | ₹57m | -₹16b |
| Dec 31 2021 | n/a | n/a | -₹16b |
| Sep 30 2021 | n/a | n/a | -₹14b |
| Jun 30 2021 | n/a | n/a | -₹7b |
| Mar 31 2021 | ₹191m | n/a | -₹8b |
| Dec 31 2020 | n/a | n/a | -₹9b |
| Sep 30 2020 | n/a | n/a | -₹7b |
| Jun 30 2020 | n/a | n/a | -₹5b |
| Mar 31 2020 | ₹215m | n/a | -₹3b |
| Dec 31 2019 | n/a | n/a | -₹2b |
| Sep 30 2019 | n/a | n/a | -₹2b |
| Jun 30 2019 | n/a | n/a | -₹473m |
| Mar 31 2019 | ₹302m | n/a | ₹3b |
Compensation vs Market: Sumant's total compensation ($USD6.36M) is about average for companies of similar size in the US market ($USD5.36M).
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)
14.1yrs
Tenure
₹556,977,882
Compensation
Mr. Sumant Sinha serves as Chief Executive Officer at ReNew Energy Global plc since August 2021. He is Founder of ReNew Private Ltd and serves as its Chief Executive Officer and Chairman since 2011. He had...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 14.1yrs | ₹556.98m | 1.79% $ 42.6m | |
| Group President and Global Head of Strategic Business Development & Policy Affairs | 1.1yrs | no data | no data | |
| Chief Financial Officer | 1.3yrs | no data | no data | |
| Investor Relations Officer | no data | no data | no data | |
| Company Secretary & Compliance Officer | 7.1yrs | ₹7.00m | no data | |
| Group President of Legal & CS | 2.8yrs | no data | no data | |
| Chief Human Resources Officer | 3.6yrs | no data | no data | |
| Cofounder of ReNew & Chairperson of Sustainability | 5.1yrs | ₹20.00m | no data | |
| COO & Group President of ReNew Services Business & Wind Projects | 1.8yrs | ₹30.00m | no data | |
| Group President of Solar Manufacturing & Solar Projects | 5.3yrs | no data | no data | |
| Group President of Growth Business (Green Hydrogen | 2.8yrs | no data | no data |
3.2yrs
Average Tenure
52yo
Average Age
Experienced Management: RNW's management team is considered experienced (3.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 4yrs | ₹556.98m | 1.79% $ 42.6m | |
| Independent Director | 1.5yrs | ₹6.71m | no data | |
| Independent Director | 1.5yrs | ₹6.57m | no data | |
| Lead Independent Director | 3.5yrs | ₹16.29m | 0.010% $ 245.4k | |
| Independent Director | 3.5yrs | ₹12.34m | 0.010% $ 245.4k | |
| Independent Director | 3.5yrs | ₹12.15m | 0.010% $ 245.4k | |
| Independent Director | 1.5yrs | ₹6.50m | no data | |
| Investor Nominee Director | 2.7yrs | no data | no data | |
| Investor Nominee Director | 2.5yrs | no data | no data | |
| CPPIB Investor Nominee Director | 1.4yrs | no data | no data |
2.6yrs
Average Tenure
60.5yo
Average Age
Experienced Board: RNW's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/06 07:02 |
| End of Day Share Price | 2025/02/06 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
Analysis Model and Snowflake
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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 Github.
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.
| Analyst | Institution |
|---|---|
| Julien Dumoulin-Smith | BofA Global Research |
| Nikhil Bhandari | Goldman Sachs |
| Puneet Gulati | HSBC |