ReNew Energy Global (RNW) Change in Working Capital (2020 - 2026)

ReNew Energy Global (RNW) posted quarterly Change in Working Capital of $17.0 million for Q1 2026, up 13.33% year-over-year from $15.0 million in Q1 2025, and up 139.53% quarter-over-quarter from -$43.0 million in Q4 2025.

ReNew Energy Global (RNW) Change in Working Capital (2020 - 2026) Analysis & Trends

ReNew Energy Global (RNW) has reported Change in Working Capital for 7 consecutive years, with $17.0 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Change in Working Capital rose 13.33% year-over-year to $17.0 million; the TTM figure through Mar 2026 stood at -$17.0 million (down 950.0% YoY), while the FY2026 annual figure was $7.0 million, up 133.33% from the prior year.
  • Change in Working Capital rose to $17.0 million in Q1 2026 per RNW's latest filing, from -$43.0 million in the prior quarter.
  • Across five years, Change in Working Capital topped out at $17.0 million in Q1 2026 and bottomed at -$43.0 million in Q4 2025.
  • Historically, Change in Working Capital has averaged $469285.4 across 5 years, with a median of $1.3 million in 2022.
  • Annual changes were most pronounced in 2023 — Change in Working Capital soared 99999900.0% — and 2025, when it tumbled 437.5%.
  • ReNew Energy Global's Change in Working Capital stood at $3.0 in 2022, then jumped by 99999900.0% to $3.0 million in 2023, then plunged by 366.67% to -$8.0 million in 2024, then sank by 437.5% to -$43.0 million in 2025, then surged by 139.53% to $17.0 million in 2026.
  • Business Quant data shows RNW's Change in Working Capital at $17.0 million in Q1 2026, -$43.0 million in Q4 2025, and $4.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change Working Cap. (Qtr)
1 Enlight Renewable Energy 11.86 Bn 10.69 Bn 117.49 Mn -17.66 Mn
2 Ormat Technologies 6.97 Bn 6.31 Bn 68.70 Mn -
3 Brookfield Renewable Partners 4.63 Bn 2.13 Bn 623.00 Mn -5.00 Mn
4 Clearway Energy 3.79 Bn 3.45 Bn 332.00 Mn -
5 ReNew Energy Global 2.48 Bn 2.06 Bn 269.00 Mn 17.00 Mn
6 Fluence Energy 1.83 Bn 1.27 Bn 33.24 Mn -
7 XPLR Infrastructure 1.08 Bn 584.55 Mn - -
8 AXIA Energia 672.29 Mn -1.91 Bn 1.44 Bn -128.52 Mn
9 Energy Vault Holdings 671.14 Mn 602.39 Mn 4.79 Mn -
10 Eco Wave Power Global AB (publ) 342.25 Mn 342.25 Mn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 17.00 Mn
Mar 31, 2026 17.00 Mn
Dec 31, 2025 -43.00 Mn
Dec 31, 2025 -43.00 Mn
Sep 30, 2025 4.00 Mn
Sep 30, 2025 4.00 Mn
Jun 30, 2025 5.00 Mn
Jun 30, 2025 5.00 Mn
Mar 31, 2025 15.00 Mn
Mar 31, 2025 15.00 Mn
Dec 31, 2024 -8.00 Mn
Dec 31, 2024 -8.00 Mn
Sep 30, 2024 -5.00 Mn
Sep 30, 2024 -5.00 Mn
Mar 31, 2024 10.00 Mn
Mar 31, 2024 10.00 Mn
Dec 31, 2023 3.00 Mn
Dec 31, 2023 3.00 Mn
Sep 30, 2023 11.00 Mn
Sep 30, 2023 11.00 Mn