RNW ReNew Energy Global Plc

bullish track record → $5.44 -0.01 (-0.2%)
Mkt Cap $2B P/E 15.5 fwd 19.8 52wk $4.38 - $8.24 Earnings 2026-05-18 69d ago
Factor divergence: DIVERGENCE: price_momentum bullish vs estimate_revisions, analyst_revisions, options_sentiment beari
Est. revisions: -2207.1%
Factor Model (net -2.4)

Factor Model

net -2.4 5.2 / 10
Est. Revisions
-1.0
Insider Activity
+0.0
Momentum
+0.9
Analyst Rev.
-1.0
Narrative Gap
+0.0

Q3 earnings crush: 48% revenue growth, beat by wide margin

Watch: Monitor FY26 full-year execution against guidance (adjusted EBITDA ₹90-93 billion, cash flow to equity ₹14-17 billion) to confirm this acceleration sticks. If the company hits the high end, expect analyst upgrades and institutional appetite to surge.

ReNew Energy reported Q3 FY2026 revenue of $349M, up 48% year-over-year, with EPS of ₹0.16 crushing consensus estimates of ₹-9.32 per share. The company swung sharply toward profitability — net losses narrowed to just $2.2M from $43M a year ago. Adjusted EBITDA jumped 54% to $238M, signaling strong operational leverage as the renewable energy pipeline matures.

This isn't just a beat; it's a profitability inflection. ReNew went from losing money to near break-even while scaling revenues and margins hard — exactly the trajectory needed to justify a growth story in renewable energy. The 54% EBITDA jump on 48% revenue growth shows operational efficiency, not just volume.

Evidence

Fundamentals & Data ▾
ReNew Energy Global Plc Utilities · Utilities - Renewable
Mkt Cap
$2B
P/E
15.5 fwd 19.8
Beta
1.07
52w Range
$4.38 - $8.24
Short Interest
2.6M 3.65%
Days to Cover
3.5 -13%
Technicals mixed
vs 20d MA
+8.4%
from 52w Hi
0.0%
Vol (20d)
34%
1w return
+7.8%
1m return
+15.5%
Vol ratio
1.4x
EPS Estimate
$-19.05 -2207.1% 30d 0up / 1dn
Est. Dispersion
0% 1 analysts
Analyst Target
$8 $7 - $9
Options P/C
0.91
Fund Convergence
moderate Renaissance, Two Sigma
Financials
Revenue
$25.1B +36% YoY
FCF
$-7.0B
Gross Margin
88%
Op Margin
38%
Momentum: decelerating
Top Holders
Renaissance $2M
Two Sigma
3 signals · latest 44d ago

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