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- ReNew
ReNew Valuation Multiples
Discover revenue and EBITDA valuation multiples for ReNew and similar public comparables like CS Wind, NextDecade, Electricity Generating, Inox Wind and more.
ReNew Overview
About ReNew
ReNew Energy Global PLC is a developer and operator of clean energy projects intended to meet India's growing energy needs in an efficient, sustainable and socially responsible manner. The company provides end-to-end solutions in a just and inclusive manner in the areas of clean energy, value-added energy offerings through digitalization, storage, and carbon markets that increasingly are integral to addressing climate change. The company has four reportable segments: wind power and solar power, hydro power and transmission line. It derives maximum revenue from Wind Power segment.
Founded
2021
HQ

Employees
4.3K
Website
Financials (LTM)
EV
$9B
ReNew Financials
ReNew reported last 12-month revenue of $1B and EBITDA of $981M.
In the same LTM period, ReNew generated $981M in EBITDA and $56M in net income.
Revenue (LTM)
ReNew P&L
In the most recent fiscal year, ReNew reported revenue of $1B and EBITDA of $920M.
ReNew expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $1B | XXX | $1B | XXX | XXX | XXX |
| Gross Profit | — | XXX | $955M | XXX | XXX | XXX |
| Gross Margin | — | XXX | 75% | XXX | XXX | XXX |
| EBITDA | $981M | XXX | $920M | XXX | XXX | XXX |
| EBITDA Margin | 66% | XXX | 73% | XXX | XXX | XXX |
| EBIT Margin | 45% | XXX | 52% | XXX | XXX | XXX |
| Net Profit | $56M | XXX | $53M | XXX | XXX | XXX |
| Net Margin | 4% | XXX | 4% | XXX | XXX | XXX |
| Net Debt | — | — | $7B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
ReNew Stock Performance
ReNew has current market cap of $2B, and enterprise value of $9B.
Market Cap Evolution
ReNew's stock price is $4.99.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $9B | $2B | 0.0% | XXX | XXX | XXX | $0.15 |
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Start Free TrialReNew Valuation Multiples
ReNew trades at 5.9x EV/Revenue multiple, and 9.0x EV/EBITDA.
EV / Revenue (LTM)
ReNew Financial Valuation Multiples
As of April 19, 2026, ReNew has market cap of $2B and EV of $9B.
Equity research analysts estimate ReNew's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
ReNew has a P/E ratio of 32.2x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $2B | XXX | $2B | XXX | XXX | XXX |
| EV (current) | $9B | XXX | $9B | XXX | XXX | XXX |
| EV/Revenue | 5.9x | XXX | 7.0x | XXX | XXX | XXX |
| EV/EBITDA | 9.0x | XXX | 9.6x | XXX | XXX | XXX |
| EV/EBIT | 13.0x | XXX | 13.3x | XXX | XXX | XXX |
| EV/Gross Profit | — | XXX | 9.2x | XXX | XXX | XXX |
| P/E | 32.2x | XXX | 34.1x | XXX | XXX | XXX |
| EV/FCF | 53.8x | XXX | (59.6x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified ReNew Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


ReNew Margins & Growth Rates
ReNew's revenue in the last 12 month grew by 11%.
ReNew's revenue per employee in the last FY averaged $0.3M, while opex per employee averaged $0.1M for the same period.
ReNew's rule of 40 is 81% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
ReNew's rule of X is 105% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
ReNew Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 11% | XXX | 17% | XXX | XXX | XXX |
| EBITDA Margin | 66% | XXX | 73% | XXX | XXX | XXX |
| EBITDA Growth | 8% | XXX | 6% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 81% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 105% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.3M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.1M | XXX | XXX | XXX |
| S&M Expenses to Revenue | — | XXX | 0% | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 7% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 31% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
ReNew Public Comps
See public comps and valuation multiples for other Energy Production and Renewable Energy comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| ReNew | XXX | XXX | XXX | XXX | XXX | XXX |
| CS Wind | XXX | XXX | XXX | XXX | XXX | XXX |
| NextDecade | XXX | XXX | XXX | XXX | XXX | XXX |
| Electricity Generating | XXX | XXX | XXX | XXX | XXX | XXX |
| Inox Wind | XXX | XXX | XXX | XXX | XXX | XXX |
| DNO | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
ReNew M&A Activity
ReNew acquired XXX companies to date.
Last acquisition by ReNew was on XXXXXXXX, XXXXX. ReNew acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by ReNew
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
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Start Free TrialReNew Investment Activity
ReNew invested in XXX companies to date.
ReNew made its latest investment on XXXXXXXX, XXXXX. ReNew invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by ReNew
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout ReNew
| When was ReNew founded? | ReNew was founded in 2021. |
| Where is ReNew headquartered? | ReNew is headquartered in India. |
| How many employees does ReNew have? | As of today, ReNew has over 4K employees. |
| Who is the CEO of ReNew? | ReNew's CEO is Sumant Sinha. |
| Is ReNew publicly listed? | Yes, ReNew is a public company listed on Nasdaq. |
| What is the stock symbol of ReNew? | ReNew trades under RNW ticker. |
| When did ReNew go public? | ReNew went public in 2021. |
| Who are competitors of ReNew? | ReNew main competitors are CS Wind, NextDecade, Electricity Generating, Inox Wind. |
| What is the current market cap of ReNew? | ReNew's current market cap is $2B. |
| What is the current revenue of ReNew? | ReNew's last 12 months revenue is $1B. |
| What is the current revenue growth of ReNew? | ReNew revenue growth (NTM/LTM) is 11%. |
| What is the current EV/Revenue multiple of ReNew? | Current revenue multiple of ReNew is 5.9x. |
| Is ReNew profitable? | Yes, ReNew is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of ReNew? | ReNew's last 12 months EBITDA is $981M. |
| What is ReNew's EBITDA margin? | ReNew's last 12 months EBITDA margin is 66%. |
| What is the current EV/EBITDA multiple of ReNew? | Current EBITDA multiple of ReNew is 9.0x. |
| What is the current FCF of ReNew? | ReNew's last 12 months FCF is $164M. |
| What is ReNew's FCF margin? | ReNew's last 12 months FCF margin is 11%. |
| What is the current EV/FCF multiple of ReNew? | Current FCF multiple of ReNew is 53.8x. |
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