Added to YB: 2026-05-19
Pitch date: 2026-05-15
RNW [neutral]
ReNew Energy Global Plc
Author Info
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Company Info
ReNew Energy Global Plc, together with its subsidiaries, engages in the generation of power through non-conventional and renewable energy sources in India.
Market Cap
$186.9B
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
10.12
P/E
15.39
EV/Sales
6.85
Sector
Independent Power and Renewable Electricity Producers
Category
growth
Setups for a Light Monday: ReNew Energy Global Plc
RNW (earnings): India's 2nd largest renewable IPP w/ 19.2 GW portfolio + 1.5 GW BESS, targeting 25+ GW pipeline. FY26 Adj EBITDA INR 90-93B, commissioning 1.8-2.4 GW. Jan '26 refinancing saved $9M/yr, leverage 6.7x targeting 5.5x by 2028-30. Bull: capacity ramp, deleveraging, C&I monetization ($95M LeapFrog invest), Google PPA. Bear: Masdar take-private collapsed (stock -27%), curtailment risk, $7.3B net debt vs $1.6B market cap
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