ReNew Energy Global (RNW) Net Margin (2020 - 2026)
ReNew Energy Global (RNW) posted quarterly Net Margin of 2.36% for Q1 2026, down 852.0% year-over-year from 0.31% in Q1 2025, and up 430.38% quarter-over-quarter from 0.71% in Q4 2025.
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Analysis
ReNew Energy Global (RNW) Net Margin (2020 - 2026) Analysis & Trends
ReNew Energy Global (RNW) has reported Net Margin for 7 consecutive years, with 2.36% the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Margin fell 852.0% year-over-year to 2.36%; the TTM figure through Mar 2026 stood at 8.03% (up 359.0% YoY), while the FY2026 annual figure was 7.45%, up 349.0% from the prior year.
- Net Margin climbed to 2.36% in Q1 2026 per RNW's latest filing, from 0.71% in the prior quarter.
- Across five years, Net Margin topped out at 18.5% in Q3 2024 and bottomed at 23.86% in Q1 2022.
- Historically, Net Margin has averaged 0.27% across 5 years, with a median of 2.36% in 2026.
- Annual changes were most pronounced in 2022 — Net Margin surged 5570 bps — and 2023, when it tumbled 2012 bps.
- ReNew Energy Global's Net Margin stood at 0.0% in 2022, then sank by 65854852 bps to 20.12% in 2023, then fell by 4 bps to 20.83% in 2024, then jumped by 97 bps to 0.71% in 2025, then surged by 430 bps to 2.36% in 2026.
- Business Quant data shows RNW's Net Margin at 2.36% in Q1 2026, 0.71% in Q4 2025, and 12.99% in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | AXIA Energia | 30.72 Bn | 28.40 Bn | 2.59 Bn | 511.48% |
| 2 | Enlight Renewable Energy | 9.46 Bn | 8.16 Bn | 117.49 Mn | 18.78% |
| 3 | Ormat Technologies | 6.42 Bn | 5.77 Bn | 68.70 Mn | 10.37% |
| 4 | Brookfield Renewable Partners | 4.65 Bn | 2.41 Bn | 927.00 Mn | -0.47% |
| 5 | Clearway Energy | 3.45 Bn | 3.11 Bn | 332.00 Mn | 6.24% |
| 6 | ReNew Energy Global | 2.48 Bn | 2.09 Bn | - | 0.04% |
| 7 | Fluence Energy | 1.46 Bn | 894.31 Mn | 33.24 Mn | -6.82% |
| 8 | XPLR Infrastructure | 1.12 Bn | 1.12 Bn | 219.00 Mn | 3.58% |
| 9 | Energy Vault Holdings | 621.58 Mn | 514.23 Mn | 5.38 Mn | -171.21% |
| 10 | Eco Wave Power Global AB (publ) | 283.14 Mn | 283.14 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.04% |
| Mar 31, 2026 | 0.01% |
| Sep 30, 2025 | 0.03% |
| Jun 30, 2025 | 0.04% |
| Mar 31, 2025 | 0.03% |
| Dec 31, 2024 | -14.81% |
| Sep 30, 2024 | 0.04% |
| Jun 30, 2024 | 1.82% |
| Mar 31, 2024 | 0.01% |
| Dec 31, 2023 | -0.05% |
| Sep 30, 2023 | 0.04% |
| Jun 30, 2023 | 0.03% |
| Mar 31, 2023 | 0.35% |
| Dec 31, 2022 | -30.55% |
| Sep 30, 2022 | -5.00% |
| Jun 30, 2022 | 0.00% |
| Mar 31, 2022 | -23.86% |
| Dec 31, 2021 | -53.75% |
| Sep 30, 2021 | -60.70% |
| Jun 30, 2021 | 0.01% |