ReNew Energy Global (RNW) Goodwill (2020 - 2025)

ReNew Energy Global (RNW) reported Goodwill of $40.6 million for Q1 2025, up 42.6% year-over-year from $28.5 million in Q1 2024, and up 42.6% on a QoQ basis from $28.5 million in Q1 2024.

ReNew Energy Global (RNW) has 6 years of Goodwill data on file, last reported at $40.6 million in Q1 2025.

  • Quarterly Goodwill rose 42.6% year-over-year to $40.6 million in Q1 2025, while the trailing twelve-month figure through Mar 2025 was $40.6 million (up 42.6% YoY) and the FY2025 annual result came in at $756.0 million, up 421.38% from the prior year.
  • Goodwill improved to $40.6 million in Q1 2025 per RNW's latest filing, from $28.5 million in the prior quarter.
  • Across five years, Goodwill topped out at $120.5 million in Q1 2023 and bottomed at $1.9 million in Q1 2022.
  • The 5-year median for Goodwill is $28.5 million (2024), against an average of $39.7 million.
  • The widest annual swing landed in 2023, when Goodwill surged 6147.18%; it then sank 76.35% in 2024.
  • Tracing RNW's Goodwill over 5 years: stood at $7.0 million in 2021, then slumped by 72.38% to $1.9 million in 2022, then surged by 6147.18% to $120.5 million in 2023, then tumbled by 76.35% to $28.5 million in 2024, then jumped by 42.6% to $40.6 million in 2025.
  • Per Business Quant, the three latest RNW Goodwill figures stand at $40.6 million (Q1 2025), $28.5 million (Q1 2024), and $120.5 million (Q1 2023).

Peer Comparison

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

Historic Data

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DateValue
Mar 31, 2025 40.63 Mn
Mar 31, 2024 28.49 Mn
Mar 31, 2023 120.47 Mn
Mar 31, 2022 1.93 Mn
Mar 31, 2021 6.98 Mn
Mar 31, 2020 10.44 Mn