ALFA Finder| Management target | Revenue 28.0% FY26 |
|---|
| Revenue growth | 28% YoY growth in FY26. |
|---|---|
| Margins | RE Power Sales EBITDA margins improved from 75% to 84%. |
| Order book | 5.7 GW contracted capacity; 2.6 GW under execution. |
| Demand visibility | Strong; 42% capacity tied to Data & AI/hyperscaler customers. |
| Management confidence | High; highlighted strong execution and 7.5-year average leadership tenure. |
Growth
Revenue grew 28%, EBITDA 28%, and PAT surged 340% to ₹856 Mn in FY26. EBITDA CAGR (FY23-26) stands at 32%.
Outlook
Guidance of ≥1.5 GW RE Power Sales in FY27. Tripled contracted capacity to 5.7 GW; targeting 12GW portfolio.
Risks
Grid backdowns in Rajasthan CTU project over next 6-12 months; high concentration in specific state STU policies.
Earnings Call Transcript filed with NSE, NSE: CLEANMAX. Summary written with AI assistance from the document.
Clean Max Enviro Energy Solutions Ltd: key numbers
- Share price
- ₹1,254.50
- Market cap
- ₹14,770 Cr
- Revenue (annual)
- ₹1,913 Cr
- Net profit (annual)
- ₹94.13 Cr
- P/E (TTM)
- 82.7×Sector 21.7×
- 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 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.
Clean Max Enviro Energy Solutions Other Announcement
Clean Max filed its quarterly IPO proceeds statement and CARE monitoring agency report for the quarter ended September 2026. No deviation from offer objects was reported.