Company Analysis

ReNew Energy Global plc (RNW)

Nasdaq: RNW · Electric Services · Gurugram-Haryana, IN · filing with the SEC since 2021
Grade5.6
◀ Past 5.1● Present 3.9▶ Future 8.5
2 est.

The grade of ReNew Energy Global plc

Nine metrics read from its own filings, by tense
Headline grade
5.6/10
◀ Past5.125% of the headline
● Present3.945% of the headline
▶ Future8.530% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 7 read as filed from the record and 2 are SI estimates, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

5.1/1025% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
6.6/10

Has it survived what it has been through?

No warning events in its filings since 2021.

weight 45% of this tense · 66th percentile among 59 sector filers · read for itself

From the record

ReNew Energy Global plc's filings since 2021 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
7.2/10

What has it actually done, year after year?

+12.5% a year over 7 filed years; profitable in 3 of 7.

weight 22% of this tense · 72nd percentile among 51 sector filers · read for its customers

From the record

ReNew Energy Global plc's 7 filed years say what it did: revenue went from INR 48 billion in fiscal 2019 to INR 97 billion in fiscal 2025, up 12.5% a year; it rose in 6 of 6 years; it never fell from a peak; net income was positive in 3 of 7 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span12.5%top 17% of its family
  • the share of years revenue rosetop 4% of its family
  • the share of filed years with a profitbottom 11% of its family
  • the deepest fall from a revenue peak0.0%top 4% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
1.8/10

How has it treated the people who own it?

SI estimate 1.8/10, confidence 35 of 100 (one part).

weight 33% of this tense · 18th percentile among 57 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the cash returned against operating cash flow, which ranks in the bottom 18% of 57 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: cash returned against operating cash flow, the one part on file, ranked among 57 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: ReNew Energy Global plc's shareholder treatment is put at 1.8 of 10 with a confidence of 35 of 100, because read from one part only, the cash returned against operating cash flow, which ranks in the bottom 18% of 57 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

3.9/1045% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
2.0/10

Is it financially healthy right now?

ROE 4%: 4¢ of profit per shareholder dollar. Leverage 86%: owes 86¢ per asset dollar.

weight 45% of this tense · 20th percentile among 53 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-03-31, ReNew Energy Global plc earned about 4 cents of profit for every dollar of shareholders' money. Leverage: it owed about 86 cents per dollar of assets (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 12% of its family
  • return on equitybottom 29% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
6.1/10

How strong is its position in its industry?

top 39% of 52 in its family; net margin 4.7%.

weight 33% of this tense · 61st percentile among 52 sector filers · read for its customers

From the record

ReNew Energy Global plc's standing among 52 graded names in its industry family: revenue of INR 97 billion in fiscal 2025 is not ranked by size, since the family reports in another currency; a net margin of 4.7% ranks in the bottom 30%; revenue growth of 17.8% a year over the last 3 filed years ranks in the top 9% (its annual reports).

What it rests on

  • net margin4.7%bottom 30% of its family
  • three-year revenue growth17.8%top 9% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
4.5/10

What are the people in charge doing?

SI estimate 4.5/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 33 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-18 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 33 members with one.
What the record cannot read
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-18 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge.
How it was reasoned
family median, 33 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: ReNew Energy Global plc's leadership is put at 4.5 of 10 with a confidence of 20 of 100, because it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-18 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 33 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

8.5/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
9.3/10

How much room does it have to grow?

top 7% of 47 in its family for room to expand.

weight 22% of this tense · 93rd percentile among 47 sector filers · read for itself

From the record

ReNew Energy Global plc's room to grow, from the newest filed statements (fiscal 2025): cash of INR 40 billion against no long-term debt tagged leaves 4.2% of its assets as net cash, top 13% of its family; cash from operations less capital spending is 69.6% of revenue (top 1%) (its annual report).

What it rests on

  • cash less debt against assets4.2%top 13% of its family
  • cash from operations less capital spending against revenue69.6%top 1% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
8.9/10

What could actually drive growth from here?

top 11% of 51 in its family for growth drivers.

weight 45% of this tense · 89th percentile among 51 sector filers · read for its customers

From the record

ReNew Energy Global plc's growth drivers, from the filed years to fiscal 2025: revenue grew 17.8% a year over the last three filed years against 12.5% over all 7, speeding up (top 11% of its family); the newest year grew 19.4% (top 11%) (its annual reports). ReNew Energy Global plc tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span+5.3 points a yeartop 11% of its family
  • the newest year's revenue growth19.4%top 11% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
7.4/10

Did its newest year beat what its own record pointed to?

top 26% of 49 in its family for expectations against reality.

weight 33% of this tense · 74th percentile among 49 sector filers · read for its shareholders

From the record

ReNew Energy Global plc's newest year against its own record: revenue of INR 97 billion in fiscal 2025 came in 2% above the INR 95 billion its prior three years' pace pointed to (bottom 47% of its family); net income of INR 4.6 billion against a prior three-year average of INR 5.7 billion (top 9%); a net margin of 4.7% against -9.5% before (top 15%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace2.0%bottom 47% of its family
  • net income against the prior three years' average+181%top 9% of its family
  • net margin against its prior average+14.2 pointstop 15% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton RNW · research, not advice