Wall Street analyst estimates for ReNew Energy Global Plc (RNW): consensus price target, buy/hold/sell recommendations and forecasts for revenue, EPS and EBITDA for the upcoming fiscal years.
ReNew Energy Global Plc specializes in generating clean, renewable power across India. Its core business segments are wind power and solar power. The company adopts an integrated approach, overseeing the development, construction, ownership, and operation of both large-scale utility wind and solar farms, alongside localized distributed solar projects designed for commercial and industrial clients.
Analyst Consensus
| Strong Buy | 0 |
| Buy | 4 |
| Hold | 2 |
| Sell | 0 |
| Strong Sell | 0 |
| Total analysts | 6 |
| Avg rating (1-5) | 0.67 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2026-11-09 | $0.16 | ||
| 2026-08-18 | $0.17 | $0.12 | +39.0% |
| 2026-05-18 | $0.02 | $-0.15 | +113.4% |
| 2026-02-16 | $-0.00 | $-0.12 | +98.5% |
| 2025-11-10 | $0.13 | $0.17 | -23.5% |
| 2025-08-13 | $0.16 | $0.11 | +45.5% |
| 2025-06-16 | $0.10 | $0.04 | +156.9% |
| 2025-02-18 | $-0.11 | $-0.04 | -175.0% |
Valuation Ratios
| P/E Ratio | 21.29 |
| Price / Book | 1.84 |
| EV / EBITDA | 9.47 |
| Dividend Yield | 0.00% |
Income Statement (10y)
| Year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 13.07B INR | 24.62B INR | 43.14B INR | 48.41B INR | 48.19B INR | 59.35B INR | 78.22B INR | 81.32B INR | 97.06B INR | 139.10B INR |
| Cost of Revenue | 3.9M INR | 522.0M INR | 81.0M INR | 530.0M INR | 426.0M INR | 324.0M INR | 6.96B INR | 3.84B INR | 8.59B INR | 57.69B INR |
| Gross Profit | 13.07B INR | 24.09B INR | 43.06B INR | 47.88B INR | 47.76B INR | 59.02B INR | 71.27B INR | 77.47B INR | 88.47B INR | 81.41B INR |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling, General & Admin | 548.8M INR | 938.0M INR | 2.76B INR | 2.17B INR | 2.98B INR | 7.81B INR | 8.57B INR | 8.60B INR | 8.50B INR | 21.10B INR |
| Operating Expenses | 5.44B INR | 9.99B INR | 12.62B INR | 15.47B INR | 17.84B INR | 24.83B INR | 28.86B INR | 31.53B INR | 36.56B INR | 21.10B INR |
| Operating Income | 7.69B INR | 14.20B INR | 31.37B INR | 32.41B INR | 29.92B INR | 34.19B INR | 42.41B INR | 45.95B INR | 51.91B INR | 60.30B INR |
| EBITDA | 11.51B INR | 21.30B INR | 40.70B INR | 44.05B INR | 42.63B INR | 37.98B INR | 57.45B INR | 68.75B INR | 81.08B INR | 107.44B INR |
| Interest Expense | 0 | 0 | 26.27B INR | 33.44B INR | 475.0M INR | 529.0M INR | 546.7M INR | 43.03B INR | 598.3M INR | 64.98B INR |
| Pre-tax Income | 1.02B INR | 841.0M INR | 4.93B INR | -623.0M INR | -5.13B INR | -12.23B INR | -2.47B INR | 8.14B INR | 10.03B INR | 14.33B INR |
| Income Tax | 508.3M INR | 321.0M INR | 1.82B INR | 2.16B INR | 2.90B INR | 3.90B INR | 2.56B INR | 4.00B INR | 5.44B INR | 3.40B INR |
| Net Income | 338.2M INR | 300.0M INR | 2.65B INR | -2.70B INR | -7.82B INR | -16.08B INR | -4.82B INR | 3.40B INR | 3.81B INR | 10.93B INR |
| EPS | $1.13 | $0.87 | $6.86 | $-7.04 | $-19.97 | $-40.58 | $-13.48 | $9.94 | $10.92 | $29.75 |
| EPS (Diluted) | $1.13 | $0.87 | $6.60 | $-7.04 | $-19.97 | $-40.58 | $-13.34 | $9.92 | $10.92 | $29.75 |
| Shares Outstanding (Diluted) | 300.5M INR | 346.1M INR | 400.7M INR | 400.7M INR | 400.7M INR | 399.2M INR | 376.8M INR | 365.5M INR | 366.4M INR | 368.5M INR |
Price
| Price | $6.88 |
| Market Cap | $2.5B |
| Exchange | NASDAQ |
| Country | GB |
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Explore sector: Utilities · Renewable Utilities
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