Renew Energy Global Plc Financials
Renew Energy Global Plc (RNW) reported $1.1B in revenue for fiscal year 2025, up 16.4% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 4 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Cash-rich operations support a capital-hungry asset base, making liquidity management more important than reported earnings growth.
By FY2025, operating cash flow was$791M while net income was only$54M , showing that reported profit captures only a small slice of the cash this asset base produces. That matters because investing cash outflows still ran above operating inflows in the last two fiscal years, so the operating engine looks self-funding for maintenance but not yet self-funding for expansion.
The move into positive earnings overstates the change in underlying economics, because operating cash flow was already substantial when net income was still
The company is still in a buildout phase: total assets reached
Financial Health Signals
Renew Energy Global Plc does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Renew Energy Global Plc passes 5 of 7 computable financial strength tests (2 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
For every $1 of reported earnings, Renew Energy Global Plc generates $14.65 in operating cash flow ($791.0M OCF vs $54.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
Renew Energy Global Plc generated $1.1B in revenue in fiscal year 2025. This represents an increase of 16.4% from the prior year.
Renew Energy Global Plc reported $54.0M in net income in fiscal year 2025. This represents an increase of 8.0% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Cash & Balance Sheet
Renew Energy Global Plc held $473.0M in cash against $97.0M in long-term debt as of fiscal year 2025, with $2.3B of liabilities due within a year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
Renew Energy Global Plc's net profit margin was 4.8% in fiscal year 2025, showing the share of revenue converted to profit. This is down 0.4 percentage points from the prior year.
Renew Energy Global Plc's ROE was 3.5% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 0.1 percentage points from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Capital Allocation
None of these metrics is reported for fiscal year 2025.
RNW Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 |
|---|---|---|---|---|
| Revenue | $1.1B+16.4% | $976.0M-10.2% | $1.1B+19.2% | $912.0M |
| Income Tax | $64.0M+33.3% | $48.0M+54.8% | $31.0M-39.2% | $51.0M |
| Net Income | $54.0M+8.0% | $50.0M+182.0% | -$61.0M+71.4% | -$213.0M |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, Interest Expense, EPS (Diluted).
RNW Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 |
|---|---|---|---|---|
| Total Assets | $11.2B+7.1% | $10.5B+15.4% | $9.1B+7.5% | $8.5B |
| Current Assets | $1.4B+10.6% | $1.3B-6.3% | $1.3B-25.0% | $1.8B |
| Cash & Equivalents | $473.0M+49.7% | $316.0M-31.0% | $458.0M+32.8% | $345.0M |
| Inventory | $49.0M+145.0% | $20.0M+33.3% | $15.0M+36.4% | $11.0M |
| Goodwill | $424.0M-6.8% | $455.0M-3.2% | $470.0M-10.3% | $524.0M |
| Total Liabilities | $9.7B+7.5% | $9.0B+18.1% | $7.6B+12.6% | $6.8B |
| Current Liabilities | $2.3B+34.9% | $1.7B+20.9% | $1.4B+5.6% | $1.3B |
| Long-Term Debt | $97.0M+7.8% | $90.0M+34.3% | $67.0M+67.5% | $40.0M |
| Total Equity | $1.5B+5.1% | $1.5B+1.3% | $1.4B-13.5% | $1.7B |
Not reported in any period shown, so not listed: Accounts Receivable, Retained Earnings.
RNW Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 |
|---|---|---|---|---|
| Operating Cash Flow | $791.0M-4.4% | $827.0M+3.6% | $798.0M+42.8% | $559.0M |
| Investing Cash Flow | -$868.0M+55.5% | -$1.9B-113.8% | -$912.0M+44.5% | -$1.6B |
| Financing Cash Flow | $234.0M-76.3% | $989.0M+324.5% | $233.0M-80.4% | $1.2B |
Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.
RNW Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 |
|---|---|---|---|---|
| Net Margin | 4.8%-0.4pp | 5.1%+10.7pp | -5.6%+17.8pp | -23.4% |
| Return on Equity | 3.5%+0.1pp | 3.4%+7.6pp | -4.2%+8.6pp | -12.8% |
| Return on Assets | 0.5%0.0pp | 0.5%+1.1pp | -0.7%+1.8pp | -2.5% |
| Current Ratio | 0.60-0.1x | 0.74-0.2x | 0.95-0.4x | 1.33 |
| Debt-to-Equity | 0.060.0x | 0.060.0x | 0.050.0x | 0.02 |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, FCF Margin.
Note: The current ratio is below 1.0 (0.60), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Where Renew Energy Global Plc Ranks
Frequently Asked Questions
What is Renew Energy Global Plc's annual revenue?
Renew Energy Global Plc (RNW) reported $1.1B in total revenue for fiscal year 2025. This represents a 16.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Renew Energy Global Plc's revenue growing?
Renew Energy Global Plc (RNW) revenue grew by 16.4% year-over-year, from $976.0M to $1.1B in fiscal year 2025.
Is Renew Energy Global Plc profitable?
Yes, Renew Energy Global Plc (RNW) reported a net income of $54.0M in fiscal year 2025, with a net profit margin of 4.8%.
How much debt does Renew Energy Global Plc have?
As of fiscal year 2025, Renew Energy Global Plc (RNW) had $473.0M in cash and equivalents against $97.0M in long-term debt.
What is Renew Energy Global Plc's net profit margin?
Renew Energy Global Plc (RNW) had a net profit margin of 4.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Renew Energy Global Plc's return on equity (ROE)?
Renew Energy Global Plc (RNW) has a return on equity of 3.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Renew Energy Global Plc's operating cash flow?
Renew Energy Global Plc (RNW) generated $791.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Renew Energy Global Plc's total assets?
Renew Energy Global Plc (RNW) had $11.2B in total assets as of fiscal year 2025, including both current and long-term assets.
What is Renew Energy Global Plc's current ratio?
Renew Energy Global Plc (RNW) had a current ratio of 0.60 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Renew Energy Global Plc's debt-to-equity ratio?
Renew Energy Global Plc (RNW) had a debt-to-equity ratio of 0.06 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Renew Energy Global Plc's return on assets (ROA)?
Renew Energy Global Plc (RNW) had a return on assets of 0.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Renew Energy Global Plc's Piotroski F-Score?
Renew Energy Global Plc (RNW) has a Piotroski F-Score of 5 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Renew Energy Global Plc's earnings high quality?
Renew Energy Global Plc (RNW) has an earnings quality ratio of 14.65x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.