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Earnings Call

Clean Max Enviro Energy Solutions Earnings Call: Key Takeaways

CleanMax reported strong FY26 results with EBITDA reaching ₹1,295 cr and PAT growing 4.4x to ₹86 cr. The firm is pivoting heavily toward Data/AI clients and C&I renewable solutions.

Why this was an Alfa AlertNot a filter event. Results are strong but management did not state a beat against prior guided numerical ranges.
Highlights
Revenue growth26% 3-year CAGR; 28% YoY growth.
MarginsEBITDA margins improved from 82% to 83.5% in power sales.
Order book5.7 GW total contracted renewable energy sales capacity.
Demand visibilityStrong; 2.6 GW already contracted for future execution.
Management confidenceHigh; citing 74% repeat business and strong Data/AI demand.

Growth

EBITDA up 28% to ₹1,295 cr; PAT surged from ₹19 cr (FY25) to ₹86 cr (FY26). Revenue CAGR at 26%.

Outlook

Guidance to add minimum 1.5 GW capacity in FY27. Targeting EBITDA margin expansion from 83% to 86%.

Risks

Grid backdown in Rajasthan (30% curtailment at Bikaner), potential interest rate volatility, and regulatory uncertainty around DSM rules.

Source

Earnings Call filed with BSE, NSE: CLEANMAX. Summary written with AI assistance from the document.

Read the document ↗

Clean Max Enviro Energy Solutions Ltd: key numbers

Share price
₹1,393.40
Market cap
₹16,380 Cr
Revenue (annual)
₹1,913 Cr
Net profit (annual)
₹94.13 Cr
P/E (TTM)
104.4×Sector 25.1×
Promoter holding
49.42%-0.06% QoQ
FII holding
11.21%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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