ALFA Finder| Revenue growth | 26% increase in power sales revenue growth for 9M FY26. |
|---|---|
| Margins | RE power sales EBITDA margins improved from 81% to 83%. |
| Order book | Total contracted capacity at 5.7 GW; 2.7 GW under execution. |
| Demand visibility | Strong traction from Data/AI clients representing 42% of contracted capacity. |
| Management confidence | High confidence in 1.5 GW target due to 80% land acquisition. |
Growth
9M FY26 Revenue grew 29% YoY to ₹1,355 cr; EBITDA up 33% to ₹945 cr. PAT rose to ₹40 cr.
Outlook
Guidance of 1.5 GW capacity addition for FY27. Projecting EBITDA margins to rise toward 85-86%.
Risks
Regulatory risks like cross-subsidy surcharge removal and banking norm changes; transmission bottlenecks in CTU projects.
Earnings Call filed with NSE, NSE: CLEANMAX. Summary written with AI assistance from the document.
Clean Max Enviro Energy Solutions Ltd: key numbers
- Share price
- ₹1,317.60
- Market cap
- ₹15,513 Cr
- Revenue (annual)
- ₹1,913 Cr
- Net profit (annual)
- ₹94.13 Cr
- P/E (TTM)
- 86.8×Sector 21.5×
- Promoter holding
- 49.28%-0.14% QoQ
- FII holding
- 13.87%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Clean Max Enviro Energy Solutions Ltd
All →Clean Max Enviro Energy Solutions Partnership
CleanMax signed an MoU with the Andhra Pradesh Economic Development Board to invest nearly ₹50,000 crore in 3 GW renewable and 1 GW pumped storage for a 2 GW compute factory. The investment is proposed under an MoU, with at least 1.5 GW to be developed by 2029.
- Value
- ₹50,000 Cr
- Execution
- Phased, with at least 1.5 GW by 2029; investments over the next five years
- integrated renewable energy capacity (wind and solar)
- 3.0 GW
Clean Max Enviro Energy Solutions Debt & Borrowing: ₹115 Cr
Clean Max Enviro approved Rs 115 Crore corporate guarantees for three subsidiaries' term loans. The guarantees are arm's length and currently have no impact on the company.
- Value
- ₹115.0 Cr
Clean Max Enviro Energy Solutions Merger & Restructuring Worth ₹2.1 Cr
Clean Max Enviro will incorporate a wholly owned IFSC subsidiary for Global Treasury Centre activities. It will subscribe 21,00,000 shares for ₹2.10 Crore in cash.
- Value
- ₹2.10 Cr
Clean Max Enviro Energy Solutions Earnings Call Transcript: Key Takeaways
Clean Max delivered a robust H1 FY27 with 67% revenue growth, fueled by surging AI data center demand and aggressive 600 MW capacity commissioning despite significant grid curtailment at Bikaner.
Clean Max Enviro Energy Solutions Debt & Borrowing: ₹3,000 Cr
Clean Max board approved raising up to ₹3,000 crore via listed debt securities. Tenure, coupon and allotment will be set by delegated committees.
- Value
- ₹3,000 Cr
Clean Max Enviro Energy Solutions Business Update
CleanMax's Q2 FY27 shareholders' letter reports H1 Adjusted EBITDA up 56% to ₹1,047 crore. It also highlights a 13.2 GW platform and capital raising progress.