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) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, ReNew Energy Global PLC (RNW) trades at a EV/EBITDA of 8.5×. Over the past ten years it has ranged from 0.0× (September 2021) to 173× (January 2025); the current reading is higher than 33% of that period. That is below the Utilities Renewable industry median of 10.2× and below the Utilities sector median of 12.3×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2026 8.2× (69.57%)
FY2025 26.8× (8.03%)
FY2024 29.2× 276.08%
FY2023 7.8× (18.25%)
FY2023 9.5× (4.68%)
FY2022 10.0× (11.67%)
FY2022 11.3× (92.62%)
FY2021 153× —

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 8.5× 4.93%
Jun 2026 8.1× (0.96%)
Mar 2026 8.2× (60.34%)
Dec 2025 20.6× (16.14%)
18 more quarters

Against its own ten years

Low 0.0× High 173×
Ten-year median 10.4×
Current reading's percentile 33

EV/EBITDA against peers

Company EV/EBITDA
FLNC Fluence Energy, Inc. compare n/m
ENIC Enel Chile S.A. compare 5.5×
BEPC Brookfield Renewable Corporation compare 6.2×
RNW ReNew Energy Global PLC 8.5×
XIFR XPLR Infrastructure, LP compare 8.5×
FRVO Fervo Energy Company compare 10.2×
CWEN Clearway Energy, Inc. compare 11.6×
MWH SOLV Energy Inc. compare 11.6×
ORA Ormat Technologies, Inc. compare 16.2×
Utilities Renewable industry median 10.2×
Utilities sector median 12.3×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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