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Renew Energy Global vs Xplr Infrastructure, LP

Renew Energy Global is the larger business, with $1.50bn of revenue in fiscal 2026 against $1.19bn for Xplr Infrastructure, LP (1.3 times as much). Renew Energy Global grew faster (30.4% against -3.4%). Renew Energy Global kept more of each dollar of sales as profit: a net margin of 7.4% against -2.4%. Xplr Infrastructure, LP carries less debt relative to equity (56.9% against 610.0%).

Latest fiscal yearRenew Energy GlobalRNW, 2026Xplr Infrastructure, LPXIFR, 2025
Revenue $1.50bn $1.19bn
Revenue growth 30.4% -3.4%
Net income $111m −$28.0m
Operating margin 10.6% -15.7%
Net margin 7.4% -2.4%
Return on equity 8.4% -0.2%
Free cash flow — −$219m
Cash $243m $960m
Total debt $8.18bn $6.20bn
Debt to equity 610.0% 56.9%
Dividend per share — —
Dividend yield — —
Share buybacks — —
Employees — —
Market value $2.51bn $764m
Price vs our value range — —
Moat score — 28 (Weak)
Insider trades, 12 months 0 buys, 0 sales 0 buys, 0 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.