Saturday 17 October 2026 Export RNW’s income statement to Excel — free account

ReNew Energy Global PLC

ReNew Energy Global PLC’s revenue for fiscal 2026 (year ended March 2026) was $1.6 billion, up 25.7% from fiscal 2025. In the quarter to June 2026, revenue grew 5.42%, EPS grew 6.25%, free cash flow fell 179.8% and total debt was flat, each against the same quarter a year earlier.

6.88 0.02 +0.29%

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Market cap: $2.5B
P/E: 21.9×
Fwd P/E: 27.8×
Dividend yield: —
F-score: 6/9
Altman Z: 0.22
Beneish M: −2.62
Dividend safety: 25/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 60.03%

Capital & Financial Ratios $m

Market Cap 2,500.00

Revenue 1,631.00

Net Income 143.00

Free Cash Flow (275.00)

Net Debt 7,290.00

Current Ratio 0.43

Debt/Equity 5.15

P/E ratio 21.88

Fwd P/E 27.80

P/S ratio 1.54

P/B ratio 1.54

Past 5Y EPS Growth —

This Y EPS Growth (28.70%)

Next Y EPS Growth 103.68%

Next Y revenue growth 0.78%

Next 5Y EPS Growth 43.75%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 27.23%

10-year low 10-year high

P/S against its own 10 years 19.72%

10-year low 10-year high

P/B against its own 10 years 50.24%

10-year low 10-year high

EV/Sales against its own 10 years 36.55%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2027	Powerpack
2026	Powerpack
2025	Powerpack
2023	Powerpack
2022	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2024	2025	2026	Q'26
Cash	950	1,029	984	1,076
Receivables	165	196	215	259
Inventory	20	49	144	92
Other	117	111	97	114
	1,253	1,386	1,442	1,541

	2024	2025	2026	Q'26
Payables	109	96	190	163
ST’ Debt	1,012	1,710	2,613	2,931
Other	567	477	570	485
	1,704	2,299	3,387	3,607

Compound Annual Growth %

	10y	5y	3y
Sales	—	15.47%	18.14%
Cash Flow	—	47.11%	40.93%
Earnings	—	0.00%	0.00%
Book Value	—	(0.30%)	5.76%

Revenue $m

	Jun	Sep	Dec	Mar	Year
’26	506	—	—	—	—
’26	480	434	349	342	1,605
’25	299	356	248	374	1,277
’24	—	—	—	281	1,158
’23	300	345	232	—	973
’23	—	—	—	314	1,087
’22	304	275	194	—	782

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Jun	Sep	Dec	Mar	Year
’26	228	—	—	—	—
’26	139	319	247	163	868
’25	119	240	209	223	791
’24	—	—	—	211	827
’23	164	226	226	—	310
’23	—	—	—	199	798
’22	96	250	253	—	126

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Jun	Sep	Dec	Mar	Year
’26	(63)	—	—	—	—
’26	79	(123)	(77)	(12)	(133)
’25	(317)	(3)	2	13	(305)
’24	—	—	—	(205)	(1,019)
’23	(262)	(259)	(293)	—	310
’23	—	—	—	(97)	(252)
’22	(211)	34	22	—	126

Fiscal quarters ending in the months shown.

EPS $

	Jun	Sep	Dec	Mar	Year
’26	0.17	—	—	—	—
’26	0.16	0.13	(0.01)	0.02	0.29
’25	0.01	0.14	(0.11)	0.10	0.13
’24	—	—	—	0.02	0.12
’23	0.09	0.11	(0.10)	—	(0.16)
’23	—	—	—	0.00	(0.15)
’22	0.00	(0.03)	(0.15)	—	(0.53)

Fiscal quarters ending in the months shown.

Group	Line	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026	2027e
Price, $
Price, $	Low	—	—	—	—	7.23	5.02	4.04	5.15	5.05	4.39	Analyst estimates 2027–2029 Powerpack
	High	—	—	—	—	14.08	8.97	7.72	7.79	8.24	6.90
People
People	Employees	—	—	—	4	—	1,675	2,481	3,988	4,336	—
	Revenue/emp, $m	—	—	—	0.00	0.00	0.00	0.00	0.29	0.29	0.00
Income, $m
Income, $m	Revenue	—	—	—	—	656	782	973	1,158	1,277	1,605
	Gross margin, %	—	—	—	—	21.19	68.80	63.92	96.03	90.37	83.12
	EBT	—	—	—	(11)	(251)	(161)	(32)	98	117	145
	EBT margin, %	—	—	—	0.00	(38.26)	(20.59)	(3.28)	8.46	9.16	9.03
	Net income	—	0	—	(11)	(255)	(212)	(60)	98	117	145
	Depreciation	—	—	—	—	—	181	210	211	242	285
Per share, $
Per share, $	Revenue	—	—	—	0.00	1.64	1.95	2.54	3.17	3.52	4.41
	Earnings	—	—	—	(1.37)	(0.64)	(0.53)	(0.16)	0.12	0.13	0.29
	Cash flow	—	—	—	0.00	0.00	0.31	0.81	2.26	2.18	2.39
	Capex	—	—	—	0.00	0.00	0.00	0.00	(5.05)	(3.02)	(2.75)
	Free cash flow	—	—	—	0.00	0.00	0.31	0.81	(2.79)	(0.84)	(0.37)
	Book value	—	—	—	0.62	3.83	3.89	3.40	3.99	4.23	4.23
	Shares, m	—	—	—	8	401	401	383	366	363	364
Valuation, ×
Valuation, ×	P/E	—	—	—	—	0.00	0.00	75.50	50.00	40.96	15.04
	P/S	—	—	—	—	0.00	1.64	2.30	1.89	1.67	1.04
	P/B	—	—	—	—	1.95	1.41	1.89	1.50	1.39	1.08
	EV/Sales	—	—	—	—	0.00	5.65	7.75	7.81	7.54	5.56
	EV/FCF	—	—	—	—	24.77	(58.80)	(10.13)	(8.88)	(31.58)	(67.05)
Cash, $m
Cash, $m	Operating cash flow	—	—	—	0	—	126	310	827	791	868
	Capex	—	—	—	—	—	(1,184)	(1,075)	(1,846)	(1,096)	(1,001)
	Free cash flow	—	—	—	0	—	126	310	(1,019)	(305)	(133)
Balance, $m
Balance, $m	Working capital	—	—	—	3	1,021	447	(74)	(451)	(913)	(1,945)
	Total debt	—	—	—	—	4,538	5,163	6,529	7,802	8,526	8,236
	Net debt	—	—	—	(3)	3,240	4,073	5,598	6,852	7,497	7,252
	Shareholders’ equity	—	—	—	5	1,533	1,561	1,300	1,460	1,535	1,538
Returns, %
Returns, %	ROA	—	—	—	(6.29)	(6.65)	(2.51)	(0.63)	0.40	0.41	0.93
	ROIC	—	—	—	(7.65)	0.00	0.00	0.00	0.74	0.81	5.74
	ROE	—	—	—	(1.43)	(33.16)	(13.14)	(4.38)	2.97	3.00	6.83

Negative figures in brackets.

All 10 years →

Fiscal years to Mar 2026 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
ENLT Enlight Renewable Energy Ltd.	$9.8B	102×	—	+42.95% (above 0%: growing)	−72.00% (below 0%: shrinking)	−87.75% (below 0%: shrinking)	42.23%	54.78%	Compare
BEP Brookfield Renewable Partners L.P.	$8.6B	— (loss-making)	— (loss-making)	+11.52% (above 0%: growing)	n/m	+250.13% (above 0%: growing)	59.97%	27.51%	Compare
CWEN Clearway Energy, Inc.	$6.2B	749×	— (loss-making)	+18.79% (above 0%: growing)	n/m	+735.90% (above 0%: growing)	62.15%	5.65%	Compare
ORA Ormat Technologies, Inc.	$5.5B	42.9×	78.5×	+10.57% (above 0%: growing)	−4.35% (below 0%: shrinking)	−376.02% (below 0%: shrinking)	26.55%	13.22%	Compare
BEPC Brookfield Renewable Corporation	$5.4B	— (loss-making)	— (loss-making)	+19.78% (above 0%: growing)	n/m	+116.56% (above 0%: growing)	61.84%	32.69%	Compare
EBR.B Eletrobras	$2.6B	14.7×	—	+23.00% (above 0%: growing)	+118.50% (above 0%: growing)	+98.52% (above 0%: growing)	88.38%	38.51%	Compare
RNW ReNew Energy Global PLC	$2.5B	21.9×	27.8×	+5.42% (above 0%: growing)	+6.25% (above 0%: growing)	−179.75% (below 0%: shrinking)	83.20%	50.00%
XIFR XPLR Infrastructure, LP	$1.9B	15.3×	— (loss-making)	+6.14% (above 0%: growing)	−52.38% (below 0%: shrinking)	−105.30% (below 0%: shrinking)	100.00%	16.53%	Compare
FLNC Fluence Energy, Inc.	$1.2B	— (loss-making)	— (loss-making)	+7.85% (above 0%: growing)	n/m	+85.20% (above 0%: growing)	5.12%	(8.85%)	Compare
Median of peers	$5.4B	42.9×	—	+15.16%	−28.36%	+91.86%	60.91%	22.02%

All 24 Utilities Renewable stocks →

ReNew Energy Global PLC (RNW) key facts

Strength: ReNew Energy Global PLC’s revenue for fiscal 2026 (year ended March 2026) was $1.6 billion, up 25.7% from fiscal 2025.
ReNew Energy Global PLC (RNW) is an Utilities Renewable company in the Utilities sector, listed on Nasdaq.
As of October 16, 2026, RNW traded at $6.88, a market capitalization of $2.5 billion.
Return on equity was 6.83% and debt-to-equity 5.15.
Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 0.22 (distress zone) for fiscal 2026.

Source: company filings (standardised) and stockrow calculations.