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Upturn AI SWOT - About
Renew Energy Global PLC (RNW)
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Upturn Advisory Summary
04/01/2025: RNW (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit -27.64% | Avg. Invested days 33 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 2.18B USD | Price to earnings Ratio 117.8 | 1Y Target Price 8.53 |
Price to earnings Ratio 117.8 | 1Y Target Price 8.53 | ||
Volume (30-day avg) 987884 | Beta 0.89 | 52 Weeks Range 5.15 - 7.49 | Updated Date 04/1/2025 |
52 Weeks Range 5.15 - 7.49 | Updated Date 04/1/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 0.05 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 1.53% | Operating Margin (TTM) 45.77% |
Management Effectiveness
Return on Assets (TTM) 3.26% | Return on Equity (TTM) 1.68% |
Valuation
Trailing PE 117.8 | Forward PE 294.12 | Enterprise Value 9691084777 | Price to Sales(TTM) 0.03 |
Enterprise Value 9691084777 | Price to Sales(TTM) 0.03 | ||
Enterprise Value to Revenue 9.62 | Enterprise Value to EBITDA 11.23 | Shares Outstanding 244267008 | Shares Floating 69206568 |
Shares Outstanding 244267008 | Shares Floating 69206568 | ||
Percent Insiders 15.75 | Percent Institutions 83.16 |
Analyst Ratings
Rating 4.4 | Target Price 8.4 | Buy 1 | Strong Buy 3 |
Buy 1 | Strong Buy 3 | ||
Hold 1 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Renew Energy Global PLC
Company Overview
History and Background
Renew Power was founded in 2011 and is based in Gurugram, India. It has grown to become a major renewable energy company focused on developing, building, owning, and operating wind, solar, and hydro energy projects. It was listed on the NASDAQ through a SPAC merger in 2021.
Core Business Areas
- Utility-Scale Solar Generation: Develops, owns, and operates large solar power plants, selling electricity to utilities and other customers through long-term power purchase agreements (PPAs).
- Wind Power Generation: Develops, owns, and operates wind power plants, also selling electricity through PPAs.
- Hydro Power Generation: Develops, owns, and operates hydro power plants, selling electricity through PPAs.
- Energy Storage Solutions: Focusing on developing and deploying energy storage solutions to improve the reliability and stability of renewable energy supply, including battery storage and pumped hydro.
Leadership and Structure
Sumant Sinha is the Founder, Chairman, and CEO. The company has a board of directors and a structured management team overseeing various business functions like project development, finance, operations, and strategy.
Top Products and Market Share
Key Offerings
- Solar Power Generation: Generates electricity from solar power plants, contributing a significant portion of their total capacity. While specific market share data isn't readily available, Renew Power is a major player in India's solar energy market. Competitors include Adani Green Energy and Tata Power Renewable Energy. Revenue contribution is substantial, but specific numbers require further financial reporting details.
- Wind Power Generation: Generates electricity from wind power plants. They have a large portfolio of wind projects across India. Competitors include Suzlon Energy and Inox Wind. Again, specific revenue details require detailed financial reports.
- Hydro Power Generation: Generates electricity from hydro power plants. This is a smaller portion of their portfolio compared to solar and wind. Competitors include SJVN Limited and NHPC. Revenue contribution is less than solar and wind.
Market Dynamics
Industry Overview
The renewable energy industry is experiencing rapid growth driven by government policies, declining technology costs, and increasing environmental concerns. Demand for clean energy is increasing significantly.
Positioning
Renew Power is one of the leading renewable energy companies in India, with a strong portfolio of solar, wind, and hydro projects. They are well-positioned to capitalize on the growing demand for renewable energy. Their competitive advantages include a large project pipeline, strong financial backing, and experienced management team.
Total Addressable Market (TAM)
The TAM for renewable energy in India is estimated to be hundreds of billions of dollars, growing rapidly due to government targets and increasing demand. Renew Power is well positioned to capture a significant portion of this market, aiming for a substantial share of new renewable energy capacity additions.
Upturn SWOT Analysis
Strengths
- Large and diversified renewable energy portfolio
- Strong financial backing
- Experienced management team
- Strong relationships with government and utilities
- Robust project pipeline
Weaknesses
- High debt levels
- Dependence on government policies and incentives
- Exposure to regulatory and political risks
- Vulnerability to supply chain disruptions
- Reliance on power purchase agreements (PPAs)
Opportunities
- Growing demand for renewable energy
- Declining technology costs
- Government support for renewable energy
- Expansion into new markets and technologies (e.g., energy storage)
- Strategic partnerships and acquisitions
Threats
- Increased competition
- Fluctuations in commodity prices
- Changes in government policies
- Project delays and execution risks
- Grid infrastructure constraints
Competitors and Market Share
Key Competitors
- SEDG
- ENPH
- RUN
- BEP
- NEE
Competitive Landscape
Renew Power faces competition from both domestic and international players in the renewable energy market. While it holds a significant position in India, its global market share is smaller compared to larger international players. It competes on project development capabilities, financing, and technology.
Major Acquisitions
Ostro Energy
- Year: 2018
- Acquisition Price (USD millions): 1570
- Strategic Rationale: Acquisition of Ostro Energy significantly increased Renew Power's operational renewable energy capacity.
Growth Trajectory and Initiatives
Historical Growth: Renew Power has experienced significant growth in its installed renewable energy capacity since its inception. Growth has been driven by expansion into new projects and acquisitions.
Future Projections: Future growth is projected to be strong, driven by government targets and increasing demand for renewable energy. Analysts project continued growth in revenue and capacity.
Recent Initiatives: Recent initiatives include expanding into energy storage solutions, securing new PPAs, and exploring opportunities in green hydrogen production.
Summary
Renew Power is a major renewable energy company in India, possessing a large portfolio and benefiting from favorable market dynamics. High debt and reliance on government policies present challenges. Strong growth potential exists through expansion into new technologies like energy storage. Monitoring competition and regulatory changes is crucial for sustained success.
Similar Companies
- SEDG
- ENPH
- RUN
- BEP
- NEE
Sources and Disclaimers
Data Sources:
- Company Website
- Financial News Articles
- Analyst Reports
- Industry Databases
Disclaimers:
The information provided is for informational purposes only and should not be considered investment advice. Market share data is based on estimates and may not be precise. Financial information may be outdated and require current access for proper analysis.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Renew Energy Global PLC
Exchange NASDAQ | Headquaters - | ||
IPO Launch date 2021-02-01 | Founder, Chairman & CEO Mr. Sumant Sinha | ||
Sector Utilities | Industry Utilities - Renewable | Full time employees 3988 | Website https://www.renew.com |
Full time employees 3988 | Website https://www.renew.com | ||
ReNew Energy Global Plc, together with its subsidiaries, generates power through non-conventional and renewable energy sources in India. It operates through four segments: Wind Power, Solar Power, Hydro Power, and Transmission Line. The company develops and owns utility scale wind and solar energy projects, wind and solar energy projects, and utility-scale firm power projects. It had a total operational capacity of 9.52 GW, out of which 8.87 GW is commissioned and 650 MW, and an additional 6.1 GW of committed capacity. In addition, the company provides operation and maintenance services; consultancy services; and engineering, procurement, and construction services. ReNew Energy Global Plc was founded in 2011 and is based in London, the United Kingdom.
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