ReNew Energy Global (RNW) Debt Ratio (2020 - 2026)

ReNew Energy Global (RNW) reported Debt Ratio of 0.04 for Q1 2026, down 42.1% year-over-year from 0.07 in Q1 2025, and down 42.1% on a QoQ basis from 0.07 in Q1 2025.

ReNew Energy Global (RNW) has 7 years of Debt Ratio data on file, last reported at 0.04 in Q1 2026.

  • Quarterly Debt Ratio fell 42.1% year-over-year to 0.04 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.04 (down 42.1% YoY) and the FY2026 annual result came in at 0.04, down 40.18% from the prior year.
  • Debt Ratio slipped to 0.04 in Q1 2026 per RNW's latest filing, from 0.07 in the prior quarter.
  • Across five years, Debt Ratio topped out at 178.19 in Q1 2022 and bottomed at 0.01 in Q1 2022.
  • The 5-year median for Debt Ratio is 0.73 (2023), against an average of 22.67.
  • The widest annual swing landed in 2022, when Debt Ratio soared 813643.37%; it then tumbled 99.6% in 2023.
  • Tracing RNW's Debt Ratio over 5 years: stood at 178.19 in 2022, then plunged by 99.6% to 0.71 in 2023, then grew by 12.37% to 0.8 in 2024, then plunged by 90.93% to 0.07 in 2025, then plunged by 42.1% to 0.04 in 2026.
  • Per Business Quant, the three latest RNW Debt Ratio figures stand at 0.04 (Q1 2026), 0.07 (Q1 2025), and 0.8 (Q4 2024).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 AXIA Energia 193.97 Bn 191.26 Bn 1.44 Bn 0.22
2 Enlight Renewable Energy 13.10 Bn 12.57 Bn 85.64 Mn 0.06
3 Ormat Technologies 8.30 Bn 8.16 Bn 78.83 Mn 0.01
4 Fluence Energy 3.60 Bn 3.28 Bn 46.63 Mn -
5 Clearway Energy 1.42 Bn 4.77 Bn 220.00 Mn 0.54
6 XPLR Infrastructure 1.16 Bn 8.69 Bn 141.00 Mn 0.32
7 Energy Vault Holdings 916.05 Mn 870.62 Mn 4.79 Mn 0.58
8 Ellomay Capital 782.29 Mn 671.00 Mn 1.49 Mn 1.09
9 ReNew Energy Global 342.92 Mn 58.95 Mn 269.00 Mn 0.04
10 Nextnrg 90.54 Mn 87.86 Mn 1.71 Mn 0.00

Historic Data

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DateValue
Mar 31, 2026 0.04
Dec 31, 2025 0.04
Sep 30, 2025 0.04
Jun 30, 2025 0.04
Mar 31, 2025 0.04
Dec 31, 2024 0.04
Dec 19, 2024 0.80
Sep 30, 2024 0.04
Jun 30, 2024 0.04
Mar 31, 2024 0.74
Dec 31, 2023 0.62
Sep 30, 2023 0.62
Jun 30, 2023 0.60
Mar 31, 2023 0.71
Dec 31, 2022 0.62
Sep 30, 2022 0.62
Jun 30, 2022 0.57
Mar 31, 2022 178.19
Dec 31, 2021 0.55
Sep 30, 2021 0.55
Mar 31, 2021 0.02
Mar 31, 2020 0.69