ReNew Energy Global PLC

RNW Utilities Utilities Renewable

ReNew Energy Global PLC’s revenue for fiscal 2026 (year ended March 2026) was $1.6 billion, up 25.7% from fiscal 2025.

Revenue
+19.4%
EPS
+41.3%
Free cash flow
+192.7%
Total debt
−0.65%

Quarter to September 2026, against a year earlier

6.93 0.00 0.00%
Market cap
$2.5B
P/E
18.8×
Fwd P/E
26.5×
Dividend yield
—
F-score
6/9
Altman Z
0.22
Beneish M
−2.62
Dividend safety
25/100

ReNew Energy Global PLC (RNW) Current ratio

Alert me on Current ratio

ReNew Energy Global PLC's current ratio at the end of the quarter to 30 September 2026 was 0.5×, up 0.1× from fiscal 2026 (0.4×). Over the past ten years it has ranged from 0.4× (fiscal 2026) to 3.1× (fiscal 2020) — the current reading is the lowest in ten years. That is below the Utilities Renewable industry median of 1.0× and below the Utilities sector median of 0.9×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2026 0.4× (29.39%)
FY2025 0.6× (18.01%)
FY2024 0.7× (22.40%)
FY2023 0.9× (0.06%)
FY2023 0.9× (28.96%)
FY2022 1.3× 0.00%
FY2022 1.3× (39.17%)
FY2021 2.2× (29.43%)
FY2020 3.1× —

Quarterly newest first

Period Current ratio Change
Sep 2026 0.5× 17.84%
Jun 2026 0.4× 0.35%
Mar 2026 0.4× (24.75%)
Dec 2025 0.6× (26.67%)
20 more quarters

Against its own ten years

Low 0.4× High 3.1×
Ten-year median 0.9×
Current reading's percentile 11

Current ratio against peers

Company Current ratio
FRVO Fervo Energy Company compare 8.6×
FLNC Fluence Energy, Inc. compare 1.3×
CWEN Clearway Energy, Inc. compare 1.2×
MWH SOLV Energy Inc. compare 1.1×
ORA Ormat Technologies, Inc. compare 0.9×
XIFR XPLR Infrastructure, LP compare 0.9×
ENIC Enel Chile S.A. compare 0.8×
RNW ReNew Energy Global PLC 0.5×
BEPC Brookfield Renewable Corporation compare 0.4×
Utilities Renewable industry median 1.0×
Utilities sector median 0.9×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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