ReNew Energy Global (RNW) Tax Rate (2020 - 2026)
ReNew Energy Global (RNW) posted quarterly Tax Rate of 250.0% for Q4 2025, down 25588.0% year-over-year from N/an in Q4 2024, and down 1531.82% quarter-over-quarter from 17.46% in Q3 2025.
Analysis
ReNew Energy Global (RNW) Tax Rate (2020 - 2026) Analysis & Trends
ReNew Energy Global (RNW) has reported Tax Rate for 6 consecutive years, with 250.0% the latest figure, recorded in Q4 2025.
- In Q4 2025, Tax Rate fell 25588.0% year-over-year to 250.0%; the TTM figure through Mar 2026 stood at 20.51% (up 635.0% YoY), while the FY2026 annual figure was 27.59%, down 2711.0% from the prior year.
- Tax Rate retreated to 250.0% in Q4 2025 per RNW's latest filing, from 17.46% in the prior quarter.
- Across five years, Tax Rate topped out at 85.71% in Q3 2022 and bottomed at 250.0% in Q4 2025.
- Historically, Tax Rate has averaged 1.17% across 5 years, with a median of 7.79% in 2023.
- Annual changes were most pronounced in 2022 — Tax Rate soared 9233 bps — and 2025, when it plunged 25588 bps.
- ReNew Energy Global's Tax Rate stood at 14.52% in 2021, then surged by 52 bps to 6.98% in 2022, then surged by 63 bps to 2.56% in 2023, then jumped by 329 bps to 5.88% in 2024, then slumped by 4350 bps to 250.0% in 2025.
- Business Quant data shows RNW's Tax Rate at 250.0% in Q4 2025, 17.46% in Q3 2025, and 6.67% in Q2 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | AXIA Energia | 30.72 Bn | 28.40 Bn | 2.59 Bn | -10.80% |
| 2 | Enlight Renewable Energy | 9.46 Bn | 8.16 Bn | 117.49 Mn | -24.44% |
| 3 | Ormat Technologies | 6.42 Bn | 5.77 Bn | 68.70 Mn | -56.33% |
| 4 | Brookfield Renewable Partners | 4.65 Bn | 2.41 Bn | 927.00 Mn | 7.23% |
| 5 | Clearway Energy | 3.45 Bn | 3.11 Bn | 332.00 Mn | -11.11% |
| 6 | ReNew Energy Global | 2.48 Bn | 2.09 Bn | - | 28.41% |
| 7 | Fluence Energy | 1.46 Bn | 894.31 Mn | 33.24 Mn | -1.84% |
| 8 | XPLR Infrastructure | 1.12 Bn | 1.12 Bn | 219.00 Mn | -550.00% |
| 9 | Energy Vault Holdings | 621.58 Mn | 514.23 Mn | 5.38 Mn | -3.12% |
| 10 | Eco Wave Power Global AB (publ) | 283.14 Mn | 283.14 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 28.41% |
| Dec 31, 2025 | -250.00% |
| Sep 30, 2025 | 17.46% |
| Jun 30, 2025 | 6.67% |
| Mar 31, 2025 | 8.57% |
| Dec 31, 2024 | 5.88% |
| Sep 30, 2024 | 12.36% |
| Jun 30, 2024 | 16.67% |
| Mar 31, 2024 | 4.00% |
| Dec 31, 2023 | -2.56% |
| Sep 30, 2023 | 7.02% |
| Jun 30, 2023 | 10.71% |
| Mar 31, 2023 | 22.22% |
| Dec 31, 2022 | -11.63% |
| Sep 30, 2022 | 85.71% |
| Jun 30, 2022 | 31.25% |
| Mar 31, 2022 | 11.76% |
| Dec 31, 2021 | -14.52% |
| Sep 30, 2021 | -6.61% |
| Jun 30, 2021 | 25.12% |