Enlight Renewable Energy (ENLT) vs ReNew Energy Global (RNW)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Enlight Renewable Energy (ENLT) has outperformed ReNew Energy Global (RNW) over the past year, gaining 102.6% versus a loss of 14.9%. Enlight Renewable Energy is the larger company by market cap ($9.43 billion vs $2.51 billion), about 3.8 times the size. On valuation, ReNew Energy Global trades at a lower forward P/E (9.9x vs 86.4x for Enlight Renewable Energy).
Enlight Renewable Energy converts more of its revenue into profit, with a net margin of 27.0% versus 4.0%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ENLT | RNW |
|---|---|---|
| Share price | $67.41 | $6.88 |
| Market cap | $9.43B | $2.51B |
| 1-day change | +0.45% | -0.29% |
| YTD return | +47.62% | +22.12% |
| 1-year return | +102.57% | -14.92% |
| 5-year return | — | -18.73% |
| P/E ratio (TTM) | 110.51 | 20.85 |
| Forward P/E | 86.42 | 9.94 |
| EPS (TTM) | $0.61 | $0.33 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $488.60M | $1.14B |
| Revenue growth (YoY) | +29.28% | +16.39% |
| Net income (latest FY) | $132.10M | $45.00M |
| Gross margin | 72.50% | — |
| Operating margin | 67.99% | 10.39% |
| Net margin | 27.04% | 3.96% |
| 52-week high | $108.65 | $8.15 |
| 52-week low | $32.75 | $4.39 |
| Distance from 52-week high | -37.96% | -15.58% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +27.79% | +10.32% |
| Average volume | 184.76K | 2.14M |
| Shares outstanding | 139.90M | 246.20M |
| Employees | 406 | 4,720 |
| Sector | Utilities | Utilities |
| Industry | Electric Utilities: Central | Electric Utilities: Central |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Enlight Renewable Energy is about 3.8 times larger than ReNew Energy Global by market value ($9.43B vs $2.51B).
- ENLT has outperformed RNW by 117.5 percentage points over the past year.
- Enlight Renewable Energy trades at a higher earnings multiple (110.5x vs 20.8x trailing P/E).
- Enlight Renewable Energy is more profitable, keeping 27.0 cents of every revenue dollar as net income versus 4.0 cents for ReNew Energy Global.
- Enlight Renewable Energy grew revenue faster in its latest fiscal year (+29.28% vs +16.39%).
About Enlight Renewable Energy
ENLT stock →Enlight Renewable Energy Ltd operates a renewable energy platform in Israel, the Middle East, North Africa, Europe, the United States, and internationally. The company develops, finances, constructs, owns, and operates utility-scale renewable energy projects.
Utilities · Electric Utilities: Central · 406 employees
About ReNew Energy Global
RNW stock →ReNew Energy Global Plc, together with its subsidiaries, engages in the generation of power through non-conventional and renewable energy sources in India. It operates through two segments, Generation and Sale of Renewable Power, and Manufacturing of Power Equipment's.
Utilities · Electric Utilities: Central · 4,720 employees
ENLT vs RNW FAQ
Which is bigger, Enlight Renewable Energy or ReNew Energy Global?
Enlight Renewable Energy (ENLT) is larger, with a market capitalization of $9.43B compared with $2.51B for ReNew Energy Global (RNW).
Which stock has performed better over the past year, ENLT or RNW?
ENLT returned +102.57% over the past 12 months, compared with -14.92% for RNW (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ENLT or RNW?
RNW has the lower trailing P/E at 20.8, versus 110.5 for ENLT. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are Enlight Renewable Energy and ReNew Energy Global in the same industry?
Yes. Both are classified in the Electric Utilities: Central industry within the Utilities sector.