Renew Energy Global Plc - Understand $rnw stock

$RNW Market Cap: $2.331 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$82.88B

TTM

Gross Margin

95.52%

TTM

Net Earnings

$1.558B

TTM

Current Assets

$103.9B

Q2 2024

Current Liabilities

$156.0B

Q2 2024

Current Ratio

66.61%

Q2 2024

Total Assets

$895.1B

Q2 2024

Total Liabilities

$789.6B

Q2 2024

Book Value

$105.4B

Q2 2024

Cash

$16.56B

Q2 2024

P/E

1.496

Sep 13, 2024 EST

Free Cash Flow

-$89.86B

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2024	2023	2022	2021	2020	2019	2018
Revenue	$81.32B	$78.22B	$59.35B	$48.19B	$48.41B	$43.14B	$43.14B
YoY Change	3.96%	31.8%	23.16%	-0.46%	12.21%	0.0%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2024	2023	2022	2021	2020	2019	2018
Revenue	$81.32B	$78.22B	$59.35B	$48.19B	$48.41B	$43.14B	$43.14B
Cost Of Revenue	$3.844B	$6.956B	$324.0M	$426.0M	$530.0M	$81.00M	$81.00M
Gross Profit	$77.48B	$71.27B	$59.03B	$47.76B	$47.88B	$43.06B	$43.06B
Gross Profit Margin	95.27%	91.11%	99.45%	99.12%	98.91%	99.81%	99.81%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2024	2023	2022	2021	2020	2019	2018
Selling, General & Admin	$4.467B	$4.413B	$4.634B	$1.338B	$1.032B	$1.076B	$1.076B
YoY Change	1.22%	-4.77%	246.34%	29.65%	-4.09%	0.0%
% of Gross Profit	5.77%	6.19%	7.85%	2.8%	2.16%	2.5%	2.5%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$17.58B	$15.90B	$13.76B	$12.03B	$11.24B	$9.496B	$9.496B
YoY Change	10.58%	15.53%	14.45%	6.99%	18.37%	0.0%
% of Gross Profit	22.7%	22.31%	23.32%	25.18%	23.47%	22.05%	22.05%
Operating Expenses	$27.50B	$27.13B	$20.09B	$17.05B	$15.18B	$12.11B	$12.11B
YoY Change	1.35%	35.04%	17.82%	12.35%	25.31%	0.0%
Operating Profit	$49.98B	$44.14B	$38.94B	$30.71B	$32.71B	$30.95B	$30.95B
YoY Change	13.24%	13.36%	26.79%	-6.1%	5.67%	0.0%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2024	2023	2022	2021	2020	2019	2018
Interest Expense	-$41.68B	-$46.70B	-$40.55B	-$36.19B	-$33.31B	-$25.72B	-$25.72B
YoY Change	-10.74%	15.16%	12.05%	8.65%	29.51%	0.0%
% of Operating Profit	-83.4%	-105.81%	-104.15%	-117.84%	-101.84%	-83.09%	-83.09%
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2024	2023	2022	2021	2020	2019	2018
Pretax Income	$8.142B	-$2.470B	-$12.23B	-$5.128B	-$623.0M	$4.935B	$4.935B
YoY Change	-429.64%	-79.81%	138.55%	723.11%	-112.62%	0.0%
Income Tax	$3.995B	$2.559B	$3.895B	$2.904B	$2.158B	$1.801B	$1.801B
% Of Pretax Income	49.07%					36.49%	36.49%
Net Earnings	$4.147B	-$5.029B	-$16.08B	-$7.818B	-$2.696B	$2.646B	$2.646B
YoY Change	-182.46%	-68.72%	105.64%	189.99%	-201.89%	0.0%
Net Earnings / Revenue	5.1%	-6.43%	-27.09%	-16.22%	-5.57%	6.13%	6.13%
Basic Earnings Per Share
Diluted Earnings Per Share	$11.32	-$13.14	-$43.49M	-$17.95M	-$6.189M	$6.074M	$6.074M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2024	2023	2022	2021	2020	2019
Cash & Short-Term Investments	$79.23B	$76.48B	$79.12B	$47.19B	$44.29B	$44.29B
YoY Change	3.6%	-3.34%	67.68%	6.53%	0.0%
Cash & Equivalents	$27.02B	$38.18B	$28.38B	$20.68B	$13.09B	$13.09B
Short-Term Investments	$1.502B	$460.0M
Other Short-Term Assets	$9.534B	$12.49B	$9.835B	$9.444B	$14.09B	$14.09B
YoY Change	-23.67%	27.01%	4.14%	-32.99%	0.0%
Inventory	$1.689B	$1.194B	$815.0M	$833.0M	$609.0M	$609.0M
Prepaid Expenses
Receivables	$13.99B	$21.55B	$44.82B	$34.80B	$25.91B	$25.91B
Other Receivables	$0.00	$54.00M	$623.0M	$56.00M	$10.00M	$10.00M
Total Short-Term Assets	$104.4B	$111.8B	$135.2B	$92.32B	$84.92B	$84.92B
YoY Change	-6.55%	-17.34%	46.46%	8.72%	0.0%
Property, Plant & Equipment	$691.1B	$544.5B	$445.1B	$346.3B	$345.3B	$345.3B
YoY Change	26.93%	22.33%	28.53%	0.29%	0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$3.685B	$3.473B	$1.318B	$0.00	$1.148B	$1.148B
YoY Change	6.1%	163.51%		-100.0%	0.0%
Other Assets	$18.67B	$25.44B	$15.27B	$13.00B	$8.474B	$8.474B
YoY Change	-26.59%	66.55%	17.44%	53.46%	0.0%
Total Long-Term Assets	$770.3B	$636.4B	$506.1B	$399.7B	$394.6B	$394.6B
YoY Change	21.05%	25.73%	26.62%	1.29%	0.0%
Total Assets	$874.7B	$748.1B	$641.3B	$492.1B	$479.6B	$479.6B
YoY Change
Accounts Payable	$9.094B	$5.394B	$5.609B	$3.245B	$3.733B	$3.733B
YoY Change	68.59%	-3.83%	72.85%	-13.07%	0.0%
Accrued Expenses	$2.957B	$654.0M	$447.0M	$367.0M	$160.0K
YoY Change	352.14%	46.31%	21.8%	229275.0%
Deferred Revenue
YoY Change
Short-Term Debt	$84.41B	$42.52B	$14.49B	$10.64B	$12.15B	$12.15B
YoY Change	98.51%	193.57%	36.1%	-12.39%	0.0%
Long-Term Debt Due	$868.0M	$698.0M	$56.50B	$30.78B	$23.19B	$23.19B
YoY Change	24.36%	-98.76%	83.54%	32.78%	0.0%
Total Short-Term Liabilities	$143.2B	$115.8B	$101.3B	$60.79B	$52.73B	$52.73B
YoY Change	23.64%	14.38%	66.6%	15.29%	0.0%
Long-Term Debt	$573.3B	$473.2B	$376.7B	$336.9B	$322.0B	$322.0B
YoY Change	21.16%	25.61%	11.82%	4.63%	0.0%
Other Long-Term Liabilities	$17.76B	$23.95B	$24.50B	$18.79B	$15.82B	$15.82B
YoY Change	-25.84%	-2.22%	30.35%	18.82%	0.0%
Total Long-Term Liabilities	$591.1B	$497.2B	$401.2B	$355.7B	$337.8B	$337.8B
YoY Change	18.9%	23.91%	12.8%	5.3%	0.0%
Total Liabilities	$769.5B	$641.3B	$522.9B	$430.0B	$405.0B	$405.0B
YoY Change	19.99%	22.64%	21.61%	6.16%	0.0%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2024	2023	2022	2021	2020	2019	2018
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Dividends

Stock Price

Market Cap: $2.3315 Billion

About Renew Energy Global PLC

ReNew Energy Global Plc is a decarbonization solutions company, which engages in the research and development of renewable energy sources. The firm is a utility-scale renewable energy solutions providers in India. The company operates wind, solar, and hydro energy projects. The company provides clean energy solutions and value-added energy offerings through digitalization, storage, and carbon market services. The company carries out business activities relating to the generation of power through non-conventional and renewable energy sources through ReNew Power Private Limited and its subsidiaries. The company has primarily two reportable segments, namely wind power and solar power. Its wind power segment operates utility-scale wind energy projects in India and solar power segment operates its utility-scale and distributed solar energy projects in India. Other operations of the Company primarily include the sale of electricity from Hydro power and construction and maintenance of transmission lines. The company offers a total commissioned capacity of 7.98 GW and an additional 5.72 GW of committed capacity.

Industry: Electric Services Peers: Atlantica Sustainable Infrastructure PLC