0.31%
-4.71%
19.34%
10.39%
0.62%
3.51%
-40.60%
AI Spotlight on RNW
Company Description
ReNew Energy Global Plc generates power through non-conventional and renewable energy sources in India.The company operates through Wind Power and Solar Power segments.It develops, builds, owns, and operates utility scale wind and solar energy projects, as well as distributed solar energy projects that generate energy for commercial and industrial customers.
The company also provides engineering, procurement, and construction services; operation and maintenance services; consultancy services; and sells renewable energy certificates.As of March 31, 2022, its portfolio consisted of 10.69 GW of wind and solar energy projects, hydro, firm power projects, and distributed solar energy projects, of which 7.57 GW projects were commissioned and 3.12 GW were committed.ReNew Energy Global Plc was founded in 2011 and is based in London, the United Kingdom.
Market Data
| Last Price | 6.48 |
| Change Percentage | 0.31% |
| Open | 6.45 |
| Previous Close | 6.46 |
| Market Cap ( Millions) | 2417 |
| Volume | 1477240 |
| Year High | 7.49 |
| Year Low | 5.15 |
| M A 50 | 6.55 |
| M A 200 | 6.08 |
Financial Ratios
| FCF Yield | -32.78% |
| Dividend Yield | 0.00% |
| ROE | 1.86% |
| Debt / Equity | 629.66% |
| Net Debt / EBIDTA | 990.82% |
| Price To Book | 3.93 |
| Price Earnings Ratio | 222.76 |
| Price To FCF | -3.05 |
| Price To sales | 2.49 |
| EV / EBITDA | 12.91 |
News
- Jan -09 - ReNew Becomes India's Highest-rated Pure-play Renewable Energy Company in S&P Global's Corporate Sustainability Assessment
- Dec -19 - ReNew Energy Global PLC (RNW)'s Technical Outlook is Bright After Key Golden Cross
- Dec -11 - ReNew Energy Global Plc Announces Receipt of Non-Binding Proposal from Masdar, CPP Investments, ADIA and Sumant Sinha and Establishment of a Special Committee
- Nov -27 - Wall Street Analysts Predict a 42.31% Upside in ReNew Energy Global (RNW): Here's What You Should Know
- Nov -22 - ReNew Energy Global Still Unloved For No Good Reason
- Nov -20 - ReNew Energy Global Plc (RNW) Q2 2025 Earnings Call Transcript
- Nov -19 - ReNew Energy Global PLC (RNW) Matches Q2 Earnings Estimates
- Nov -19 - ReNew Announces Results for the Second Quarter for Fiscal Year 2025 (Q2 FY25), ended September 30, 2024
- Nov -15 - ReNew Founder & CEO Sumant Sinha Recognised as Global Climate Leader in 2024 TIME100 Climate List
- Nov -11 - ReNew Announces Date and Conference Call Details for Second Quarter FY25 Earnings
- Aug -28 - ReNew Energy's Q1 Snapshot: Strong Winds, Stronger Challenges
- Aug -27 - ReNew Signs 437.6 MW Green Attribute Contract with Microsoft
- Aug -16 - ReNew Energy Global Plc (RNW) Q1 2025 Earnings Call Transcript
- Aug -15 - ReNew Energy Global PLC (RNW) Reports Break-Even Earnings for Q1
- Aug -05 - ReNew Energy Global Plc to Hold Its Third Annual General Meeting on September 20, 2024
- Jul -15 - ReNew Chairman and CEO Sumant Sinha to Lead Global Climate Action as Alliance Co-Chair
- Jun -11 - Surging Earnings Estimates Signal Upside for ReNew Energy Global (RNW) Stock
- Jun -11 - ReNew Energy Global (RNW) Upgraded to Buy: Here's What You Should Know
- Jun -11 - Wall Street Analysts See a 33.69% Upside in ReNew Energy Global (RNW): Can the Stock Really Move This High?
- Jun -10 - ReNew Energy CEO: Modi's new government will be 'as supportive as it has been' for renewable energy
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Wind Power
Expected Growth : 8.5 %
What the company do ?
ReNew Energy Global Plc's wind power segment generates electricity using wind energy, with a capacity of over 4 GW across India, providing clean and sustainable energy solutions.
Why we expect these perspectives ?
ReNew Energy Global Plc's 8.5% wind power growth driven by increasing demand for renewable energy, declining turbine costs, and supportive government policies. India's ambitious renewable energy targets, rising electricity demand, and favorable wind resources also contribute to growth. Additionally, ReNew's strong project pipeline, efficient operations, and strategic partnerships further boost growth prospects.
Segment n°2 -> Solar Power
Expected Growth : 9.5 %
What the company do ?
ReNew Energy Global Plc's solar power segment generates electricity from solar energy, providing clean and renewable energy to power homes and businesses.
Why we expect these perspectives ?
ReNew Energy Global Plc's 9.5% growth in solar power is driven by increasing demand for clean energy, declining solar panel costs, and supportive government policies. Additionally, the company's focus on large-scale projects, strategic partnerships, and expansion into new markets contribute to its rapid growth.
Segment n°3 -> Transmission Line
Expected Growth : 7.5 %
What the company do ?
The Transmission Line from ReNew Energy Global Plc is a 400 kV interstate transmission system spanning 1,054 km, connecting wind and solar farms to the grid.
Why we expect these perspectives ?
ReNew Energy Global Plc's Transmission Line segment growth of 7.5% is driven by increasing demand for renewable energy, government incentives for clean power, and strategic acquisitions. Additionally, India's rising electricity demand, grid expansion, and ReNew's strong project pipeline contribute to this growth.
Segment n°4 -> Hydro Power
Expected Growth : 8.0 %
What the company do ?
Hydro Power from ReNew Energy Global Plc generates electricity by harnessing the energy of moving water, offering a clean and renewable source of power.
Why we expect these perspectives ?
ReNew Energy Global Plc's 8.0% growth in Hydro Power is driven by increasing demand for renewable energy, favorable government policies, and declining technology costs. Additionally, India's ambitious renewable energy targets, rising electricity demand, and ReNew's strong project pipeline contribute to this growth.
Segment n°5 -> Other Services
Expected Growth : 8.8 %
What the company do ?
ReNew Energy Global Plc's Other Services segment includes operations and maintenance, consulting, and other services for renewable energy projects.
Why we expect these perspectives ?
ReNew Energy Global Plc's 8.8% growth in Other Services is driven by increasing demand for renewable energy solutions, expansion into new geographies, and strategic partnerships. Additionally, the company's focus on digitalization and technology advancements has improved operational efficiency, leading to higher margins and revenue growth.
Renew Energy Global Plc Products
| Product Range | What is it ? |
|---|---|
| Solar Energy | ReNew Energy Global Plc offers solar energy solutions to generate clean and sustainable power for residential, commercial, and industrial customers. |
| Wind Energy | ReNew Energy Global Plc develops and operates wind farms to generate renewable energy for the Indian power grid. |
| Hydro Energy | ReNew Energy Global Plc invests in hydroelectric power projects to generate renewable energy for the Indian power grid. |
| Wind-Solar Hybrid Energy | ReNew Energy Global Plc offers wind-solar hybrid energy solutions to optimize energy generation and reduce costs. |
| Energy Storage | ReNew Energy Global Plc provides energy storage solutions to stabilize the grid and ensure a reliable power supply. |
| Decentralized Renewable Energy | ReNew Energy Global Plc offers decentralized renewable energy solutions for rural electrification and off-grid energy access. |
ReNew Energy Global Plc's Porter Forces
Threat Of Substitutes
The threat of substitutes for ReNew Energy Global Plc is medium as the company operates in the renewable energy sector, which has limited substitutes. However, the increasing adoption of electric vehicles and energy storage systems could pose a threat to the company's business.
Bargaining Power Of Customers
The bargaining power of customers for ReNew Energy Global Plc is low as the company operates in a niche market with limited competition. The company's customers are mainly government agencies and large corporations, which have limited bargaining power.
Bargaining Power Of Suppliers
The bargaining power of suppliers for ReNew Energy Global Plc is medium as the company relies on a few large suppliers for its equipment and services. However, the company's scale of operations and long-term contracts with suppliers mitigate the bargaining power of suppliers.
Threat Of New Entrants
The threat of new entrants for ReNew Energy Global Plc is low as the company operates in a capital-intensive industry with high barriers to entry. The company's established brand and scale of operations also deter new entrants.
Intensity Of Rivalry
The intensity of rivalry for ReNew Energy Global Plc is high as the company operates in a competitive industry with several established players. The company's focus on innovation and cost leadership helps it to maintain its market share.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 82.86% |
| Debt Cost | 4.85% |
| Equity Weight | 17.14% |
| Equity Cost | 8.46% |
| WACC | 5.47% |
| Leverage | 483.54% |
ReNew Energy Global Plc : Quality Control
ReNew Energy Global Plc passed 0 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| NEOEN.PA | Neoen S.A., an independent renewable energy production company, engages in the design, development, finance, construction project management, and operation of renewable energy power plants. The company operates solar, wind, and … |
| ECV.DE | Encavis AG, an independent power producer, acquires and operates solar and onshore wind parks in Europe. It operates through PV Parks, PV Service, Wind Parks, and Asset Management segments. The … |
| FORTUM.HE | Fortum Oyj, together with its subsidiaries, engages in the generation and sale of electricity and heat in the Nordic countries, Germany, the United Kingdom, Russia, the Netherlands, the Baltic Rim … |
| ANE.MC | Corporación Acciona Energías Renovables, S.A. engages in the promotion, construction, operation, maintenance, and development of renewable energy projects in Spain and internationally. The company operates onshore wind, photovoltaic solar, hydraulic, … |
| EDPR.LS | EDP Renováveis, S.A., a renewable energy company, plans, constructs, operates, and maintains electric power generation plants. The company operates wind and solar farms. As of December 31, 2021, it had … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
🥇
Neoen
A-Score
1-Year Total Return ->
🥈
Encavis
A-Score
1-Year Total Return ->
🥉
Fortum
A-Score
1-Year Total Return ->
4
Acciona Energías Renovables
A-Score
1-Year Total Return ->
5
ReNew Energy Global
A-Score
1-Year Total Return ->
6
