ReNew Energy Global Plc
RNWUtilitiesNASDAQUtilities - Renewable · Last scanned May 30, 2026
Scan Results
Daily timeframeReNew Energy Global Plc, together with its subsidiaries, engages in the generation of power through non-conventional and renewable energy sources in India. The $2.33B market capitalization puts RNW squarely in mid-cap range for its industry. It operates through five segments: Wind Power, Solar Power, Hydro Power, Transmission Line, and Manufacturing segments.
Market Cap
$2.33B
Beta
1.07
P/E (TTM)
22.03
P/E (Fwd)
8.85
EPS (TTM)
$0.28
EPS (Fwd)
$0.72
ROE
7.5%
ROA
3.7%
Cash
$76.84B
Total Debt
$785.25B
Free CF
-$41.15B
52W Change
-5.3%
Annual Financials
Cash vs Debt
On the balance sheet, RNW has $76.84B in cash with $785.25B in obligations. The ability to service this debt comfortably depends on continued operational cash generation. The company is burning cash, with free cash flow at -$41.15B. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. ROE of 7.5% points to modest capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 3.7% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $59.35B (2022) to $97.06B (2025), reflecting a 64% increase over the period.
ReNew Energy Global Plc carries a heavier debt load relative to its cash position, which introduces financial risk that investors should weigh. Negative free cash flow means the company is currently spending more than it generates, which may require future fundraising or debt if the trend continues. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence ReNew Energy Global Plc's trajectory.