India-based Renew Energy Global PLC aims for a significant boost in EBITDA by 2027, driven by expanding output and improved operating performance, despite a subdued valuation and ongoing financial challenges.
ReNew Energy Global PLC is leaning into a more ambitious growth story after telling investors it expects adjusted EBITDA of INR 103 billion to INR 109 billion in fiscal 2027. The forecast suggests the India-based clean energy group believes it can keep scaling output and improving operating performance even as it expands in a market still being shaped by policy support and demand for low-carbon power.
That optimism sits alongside a valuation that looks subdued on sales. GuruFocus says ReNew trades at 1.69 times revenue, below its five-year median of about 2.23 times, while Macrotrends places the ratio at 1.42 as of mid-July. CompaniesMarketCap shows a similar long-run decline in the multiple. Because the company is still loss-making and cash-flow negative, earnings-based measures such as price-to-earnings are less useful than sales-based comparisons.
GuruFocus’ GF Score gives the stock 85 out of 100, with particularly strong marks for growth and valuation. The site also says three premium gurus currently own the shares and have added to their positions in recent quarters, while none has reduced exposure. Insider activity has been quiet, with no recent purchases or sales reported.
The latest guidance builds on an already improving operating backdrop. Investing.com reported that ReNew’s adjusted EBITDA rose 54% year on year in the third quarter, prompting an upward revision to fiscal 2026 guidance. Yahoo Finance later said the company finished fiscal 2026 with adjusted EBITDA of INR 98.5 billion and cash flow to equity up 45%, and that management now expects cash flow to equity of INR 18 billion to INR 22 billion in fiscal 2027. Even so, GuruFocus notes that financial strength remains the weakest part of the company’s profile, with debt, interest coverage and a distressed Altman Z-score still warranting caution.
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