Latest news with #RNW
The Citizen
2 days ago
- General
- The Citizen
Police station gets Mandela Day overhaul
Roodekrans Neighbourhood Watch (RNW) took their Mandela Day community service initiative to new heights this year, spending not only 67 minutes, but a whole two weeks in service of the community, by carrying out extensive maintenance at the Roodepoort Police Station. According to RNW chairperson Andreas Oberlechner, they have, over the past two weeks, tirelessly worked to reach their goal of completion by Mandela Day. 'The initiative was driven by Captain Juanita Yorke and the RNW as part of the Roodepoort CPF,' says Oberlechner. 'It involved the painting of a reserved parking bay for one of the physically challenged officers, so that accessible parking is always available for him. 'We also conducted a much-needed cleanup and maintenance of the police station grounds, cutting back trees and vegetation within the precinct.' Local business Gibson's Tree Felling and Garden Maintenance Services showed exceptional community spirit, and agreed to tender their services free of charge for the drastic cutback of overgrown trees and vegetation and the removal of invasive trees and shrubs. 'Tons of wood and vegetation were removed and the parking area was cleaned and rid of weeds, transforming and uplifting the precinct that, due to severe budgetary constraints, has not been maintained as it needed to be,' says Oberlechner. 'The RNW would like to thank all parties that participated, especially Gibson Chikwanda and his team, Felix de Gouveia of Village Fastfoods, for sponsoring and supplying the refreshments and Captain Yorke for the initiative that made this Mandela Day project possible,' he concludes.
Yahoo
17-06-2025
- Business
- Yahoo
ReNew Energy Global PLC (RNW) Q4 2025 Earnings Call Highlights: Strong Growth in Operating ...
Total Operating Megawatts: 11.2 gigawatts, a 17% increase year-over-year. Contracted Portfolio: 18.5 gigawatts, with an additional 1.1 gigawatts of BESS. EBITDA Growth: Over 14% year-on-year. EBITDA Margins (IPP Business): Approximately 83%, up from a little over 80% last year. Profit Before Tax: INR10 billion, a 23% increase for the year. Adjusted EBITDA (Q4): INR22.1 billion, a 32% increase year-over-year. Profit Before Tax (Q4): INR3 billion, up from INR2.1 billion in the same quarter last year. Profit After Tax (Q4): INR3.1 billion. Profit After Tax (Full Year FY25): INR4.6 billion. Debt Financing Raised: Approximately USD2 billion during the year. DSOs: 71 days, down from 77 days one year ago. Guidance for FY26 Adjusted EBITDA: INR87 billion to INR93 billion. Guidance for FY26 Cash Flow to Equity Holders: INR14 billion to INR17 billion. Warning! GuruFocus has detected 11 Warning Signs with RNW. Release Date: June 16, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. ReNew Energy Global PLC (NASDAQ:RNW) achieved a new high in operating megawatts, reaching 11.2 gigawatts, a 17% increase year-over-year. The company secured $100 million in equity funding to expand its solar cell facility, enhancing its supply chain security. ReNew Energy Global PLC (NASDAQ:RNW) delivered over 14% EBITDA growth year-on-year, with improved margins in its IPP business. The company has a robust contracted portfolio of 18.5 gigawatts, with an additional 1.1 gigawatts of BESS, reflecting strong market positioning. ReNew Energy Global PLC (NASDAQ:RNW) achieved significant ESG milestones, including a Grade A LSEG rating and recognition in Morningstar Sustainalytics' 2025 Top-Rated ESG Companies list. The PLF for wind and solar assets declined year-over-year, impacting overall performance. Weather patterns negatively affected adjusted EBITDA, offsetting some financial benefits. The company faces potential delays in project execution due to grid network build-out challenges. ReNew Energy Global PLC (NASDAQ:RNW) has a high leverage ratio, with operating business leverage slightly above 6x. The company is exposed to refinancing risks, with bonds due in July 2026 requiring strategic market monitoring. Q: What are the assumptions for PLF (Plant Load Factor) for fiscal '26, given the decline in fiscal '25? A: Kailash Vaswani, CFO, stated that the PLF levels for fiscal '26 are assumed to be similar to fiscal '25 at the lower end of the guidance range. If PLF levels improve, the results could be better than currently projected. Q: What are the expectations for module sales in fiscal '26, and what is the timeline for the 1.4 gigawatt order book? A: Kailash Vaswani explained that the 1.4 gigawatt order book is expected to be fulfilled throughout the fiscal year. The mix includes 1.1 gigawatts of DCR-based sales and around 300 megawatts of non-DCR sales, primarily through tolling arrangements. Q: How will the $330 million to $350 million CapEx for the TOPCon cell facility be financed? A: Kailash Vaswani mentioned that the financing will follow a 70% debt and 30% equity structure, similar to previous phases. Discussions with lenders are ongoing, and capital raised from recycling will support the IPP business. Q: Are there plans to sell modules outside of India, and what are the expected margins for FY26? A: Kailash Vaswani noted that current contracts are primarily for the Indian market, focusing on DCR sales. Margins are expected to remain stable, benefiting from industry-leading efficiency levels at their cell plant. Q: How will declining interest rates in India impact debt financing and refinancing strategies? A: Kailash Vaswani stated that they will opportunistically refinance existing debt to benefit from lower rates and apply these rates to new debt for expansion projects. Approximately 30-40% of their debt is floating rate, which will naturally benefit from rate cuts. Q: What are the plans for refinancing bonds due in July 2026? A: Kailash Vaswani explained that they are monitoring the market and will refinance when conditions are favorable. They may also consider moving some debt to India if it proves beneficial. Q: Are there any rare earth supply disruptions affecting ReNew or its peers? A: Sumant Sinha, CEO, confirmed that rare earth supply disruptions have not surfaced as an issue for ReNew or its peers. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤
Yahoo
28-05-2025
- Business
- Yahoo
ReNew Energy Global PLC (RNW) to Report Q4 Results: Wall Street Expects Earnings Growth
Wall Street expects a year-over-year increase in earnings on lower revenues when ReNew Energy Global PLC (RNW) reports results for the quarter ended March 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. This company is expected to post quarterly earnings of $0.07 per share in its upcoming report, which represents a year-over-year change of +250%. Revenues are expected to be $291.8 million, down 1.8% from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). For ReNew Energy Global, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +100%. On the other hand, the stock currently carries a Zacks Rank of #2. So, this combination indicates that ReNew Energy Global will most likely beat the consensus EPS estimate. Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that ReNew Energy Global would post a loss of $0.04 per share when it actually produced a loss of $0.11, delivering a surprise of -175%. Over the last four quarters, the company has beaten consensus EPS estimates just once. An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. ReNew Energy Global appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ReNew Energy Global PLC (RNW) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
