Clean Max Enviro Energy Solutions Limited

NSE: CLEANMAX · Power

Clean Max Enviro Energy Solutions Limited Share Price & Analysis

1,365.3 +2.15%Updated 21 Jul 2026, 05:01 pm IST
LTP
1,365.3
+2.15%
Open
High
1,374.7
Low
1,300
Close
₹1,365.3
52W High
₹1,536
52W Low
₹727
Volume
166K
Lot Size
1
Sector
Power
Market Cap
₹15K Cr
Face Value
₹1
Mid Cap

Price Chart

Fundamentals

P/E
234
Sector P/E
51.1
P/B
3.45
EPS
₹8.04
ROE
1.76%
ROCE
6.16%
D/E Ratio
2.73
Div Yield
0%
Book Value
₹396

Concerns

  • Premium to sector peers (P/E 234x vs industry 51.1x)
  • Heavy debt load (D/E 2.7x)

Peer Comparison

CompanyCMPMkt CapP/EP/BROE %ROCE %D/E
ADANIPOWER
Adani Power Limited
217
₹4.1L Cr32.46.4421.117.20.83
NTPC
NTPC Limited
350
₹3.3L Cr12.21.67148.331.33
POWERGRID
Power Grid Corporation of India Limited
289
₹2.6L Cr16.62.6816.59.741.37
ADANIGREEN
Adani Green Energy Limited
1,472
₹2.5L Cr13612.1711.47.395.19
ADANIENSOL
Adani Energy Solutions Limited
1,729
₹2.1L Cr92.38.169.449.651.93
TATAPOWER
Tata Power Company Limited
378
₹1.2L Cr31.33.0510.210.51.86
JSWENERGY
JSW Energy Limited
561
₹99K Cr45.53.217.518.162.37

Showing 7 peers in the same sector · Sorted by market cap

Corporate Events

Board Meeting Intimation for Considering and Approving the Audited Standalone and Consolidated Financial Results of the Company for the quarter and financial year ended 31 March 2026

Results11 May 2026

Latest News

All news →

CleanMax commissions record 500 MW in Q1 FY27

*CleanMax commissions record 500 MW in Q1 FY27* — Clean Max Enviro Energy Solutions announced a record commissioning of **over 500 MW** of renewable energy projects in Q1 FY27, boosting its operational portfolio to **4.2 GW**. This marks the highest quarterly addition in the company’s history. The strong execution reflects rising demand for clean energy solutions and could enhance future revenue visibility. 📊 *STOCKS:* CLEANMAX | 🏢 *SECTOR:* Energy | #MEDIUMIMPACT #Renewables

NSE Filing7 Jul
Medium Impact

Meta, CleanMax partner on 900 MW renewable energy project in India

*Meta, CleanMax partner on 900 MW renewable energy project in India* — CleanMax announced a strategic partnership with Meta to develop approximately **900 MW** of renewable energy capacity in India. The collaboration aims to support Meta’s global sustainability goals while boosting CleanMax’s project pipeline. This reinforces CleanMax’s position in the corporate renewable energy space. 📊 *STOCKS:* CLEANMAX | 🏢 *SECTOR:* Energy | #MEDIUMIMPACT #RenewableEnergy

NSE Filing10 Jun
Medium Impact

Clean Max allots 8,740 shares via ESOP

*Clean Max allots 8,740 shares via ESOP.* Clean Max Enviro Energy Solutions Limited has allotted **8,740 equity shares** under its employee stock ownership plan. The allotment is part of its ESOP/ESOS/ESPS program. No financial impact is expected as the number is small. 📊 *STOCKS:* CLEANMAX | 🏢 *SECTOR:* Energy | #LOWIMPACT #ESOP

NSE Filing13 Jul
Low Impact

Clean Max to host investor meet for analyst updates.

*Clean Max to host investor meet for analyst updates.* The company is scheduled to conduct an analyst and institutional investor meet to share business updates. Specific date and time will be disclosed in due course. No financial figures or strategic announcements were revealed in the filing. 📊 *STOCKS:* CLEANMAX | 🏢 *SECTOR:* Corporate | #LOWIMPACT #InvestorMeet

NSE Filing18 Jun
Low Impact

Apple India acquires full stake in Clean Max Taurus

*Apple India acquires full stake in Clean Max Taurus.* The deal strengthens Apple’s renewable energy footprint in India. Clean Max Taurus is a leading player in the clean energy sector with **500+ MW** of operational projects. Financial terms were not disclosed. 📊 *STOCKS:* | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #Acquisition

India IPO15 May
Medium Impact

Apple, CleanMax finalize ₹100 Cr renewable energy deal

*Apple, CleanMax finalize ₹100 Cr renewable energy deal.* The agreement strengthens CleanMax's position in the green energy space with a major international client. The deal supports Apple’s global carbon-neutral goals. 📊 *STOCKS:* CLEANMAX | 🏢 *SECTOR:* Energy | #MEDIUMIMPACT #RenewableEnergy

scanx.trade8 May
Medium Impact

Law firm advises on credit facilities for Clean Max Tasman

Cyril Amarchand Mangaldas provided legal advice to lenders for external commercial borrowing and credit facilities for Clean Max Tasman. The deal supports the company’s renewable energy projects. Specific financial terms were not disclosed. 📊 *STOCKS:* | 🏢 *SECTOR:* Corporate | #LOWIMPACT #legal

SCC Online28 Apr
Low Impact

Legal firm advises lenders on Clean Max Tasman financing

*Legal firm Cyril Amarchand Mangaldas advises lenders on credit facilities for Clean Max Tasman.* The deal involves external commercial borrowing for a clean energy venture. No specific financial figures or company names are disclosed. This is a routine advisory assignment with limited market impact. 📊 *STOCKS:* | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #Legal

SCC Online28 Apr
Low Impact

Financials

Quarterly Results

MetricMar 2026Dec 2025Sep 2025Mar 2025Dec 2024
Revenue
₹557 Cr
▲32.0%
₹422 Cr
▼20.5%
₹531 Cr
▲19.1%
₹446 Cr
▲19.3%
₹374 Cr
Op. Profit
₹268 Cr
▲1.9%
₹263 Cr
▼21.5%
₹335 Cr
▲30.4%
₹257 Cr
▲39.7%
₹184 Cr
OPM
48.0%
▼22.6%
62.0%
▼1.6%
63.0%
▲8.6%
58.0%
▲18.4%
49.0%
Net Profit
₹45 Cr
▲114.3%
₹21 Cr
▼41.7%
₹36 Cr
▲111.8%
₹17 Cr
▲525.0%
₹-4 Cr
EPS (₹)
4.73
▲75.8%
2.69
▲8.0%
2.49
▼94.3%
43.39
▲794.6%
4.85

Values in ₹ Cr · Source: Screener.in

Annual Profit & Loss

MetricMar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021
Revenue
₹1.9K Cr
▲27.9%
₹1.5K Cr
▲7.6%
₹1.4K Cr
▲49.5%
₹930 Cr
▲32.5%
₹702 Cr
▲13.0%
₹621 Cr
Expenses
₹781 Cr
▲31.3%
₹595 Cr
▼13.0%
₹684 Cr
▲23.2%
₹555 Cr
▲36.7%
₹406 Cr
▲6.6%
₹381 Cr
Op. Profit
₹1.1K Cr
▲25.6%
₹901 Cr
▲27.6%
₹706 Cr
▲88.3%
₹375 Cr
▲27.1%
₹295 Cr
▲22.9%
₹240 Cr
OPM
59.0%
▼1.7%
60.0%
▲17.6%
51.0%
▲27.5%
40.0%
▼4.8%
42.0%
▲7.7%
39.0%
Other Income
₹169 Cr
▲48.2%
₹114 Cr
▲356.0%
₹25 Cr
▲143.1%
₹-58 Cr
▼744.4%
₹9 Cr
▼40.0%
₹15 Cr
Interest
₹786 Cr
▲18.6%
₹663 Cr
▲31.5%
₹504 Cr
▲132.3%
₹217 Cr
▲29.9%
₹167 Cr
▲18.4%
₹141 Cr
Depreciation
₹380 Cr
▲26.7%
₹300 Cr
▲35.1%
₹222 Cr
▲88.1%
₹118 Cr
▲37.2%
₹86 Cr
▲22.9%
₹70 Cr
PBT
₹135 Cr
▲159.6%
₹52 Cr
▲940.0%
₹5 Cr
▲127.8%
₹-18 Cr
▼134.6%
₹52 Cr
▲18.2%
₹44 Cr
Tax %
37.0%
▼51.9%
77.0%
▼91.4%
897.0%
▲275.3%
239.0%
▲469.0%
42.0%
▲0.0%
42.0%
Net Profit
₹86 Cr
▲352.6%
₹19 Cr
▲150.0%
₹-38 Cr
▲35.6%
₹-59 Cr
▼296.7%
₹30 Cr
▲20.0%
₹25 Cr
EPS (₹)
8.04
▼85.4%
54.89
▲177.9%
-70.44
▲60.9%
-179.97
▼314.3%
83.97
▼74.9%
334.17
Div Payout
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%

Values in ₹ Cr · Source: Screener.in

Balance Sheet

ItemMar 2026Sep 2025Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021
Liabilities
Equity Capital
₹12 Cr
▲20.0%
₹10 Cr
▲100.0%
₹5 Cr
▲25.0%
₹4 Cr
▲0.0%
₹4 Cr
▲0.0%
₹4 Cr
▲426.3%
₹0.76 Cr
Reserves
₹4.6K Cr
▲74.1%
₹2.7K Cr
▲3.9%
₹2.6K Cr
▲39.9%
₹1.8K Cr
▲51.5%
₹1.2K Cr
▼4.0%
₹1.3K Cr
▲2414.0%
₹50 Cr
Borrowings
₹12.7K Cr
▲23.1%
₹10.3K Cr
▲27.5%
₹8.1K Cr
▲45.2%
₹5.6K Cr
▲40.3%
₹4.0K Cr
▲147.4%
₹1.6K Cr
▲19.7%
₹1.3K Cr
Other Liabilities
₹5.2K Cr
▲31.8%
₹4.0K Cr
▲67.3%
₹2.4K Cr
▲62.0%
₹1.5K Cr
▼13.4%
₹1.7K Cr
▲96.2%
₹862 Cr
▼30.5%
₹1.2K Cr
Total Liabilities
₹22.6K Cr
▲33.1%
₹16.9K Cr
▲30.1%
₹13.0K Cr
▲46.9%
₹8.9K Cr
▲29.0%
₹6.9K Cr
▲84.4%
₹3.7K Cr
▲41.6%
₹2.6K Cr
Assets
Fixed Assets
₹12.0K Cr
▲25.1%
₹9.6K Cr
▲18.6%
₹8.1K Cr
▲21.2%
₹6.6K Cr
▲127.0%
₹2.9K Cr
▲36.3%
₹2.1K Cr
▲5.8%
₹2.0K Cr
CWIP
₹5.3K Cr
▲49.5%
₹3.6K Cr
▲86.9%
₹1.9K Cr
▲181.3%
₹680 Cr
▼74.7%
₹2.7K Cr
▲344.9%
₹603 Cr
▲438.4%
₹112 Cr
Investments
₹137 Cr
▲168.6%
₹51 Cr
▼32.9%
₹76 Cr
▼18.3%
₹93 Cr
▲89.8%
₹49 Cr
▲16.7%
₹42 Cr
▲500.0%
₹7 Cr
Other Assets
₹5.1K Cr
▲36.1%
₹3.8K Cr
▲26.4%
₹3.0K Cr
▲105.7%
₹1.4K Cr
▲19.4%
₹1.2K Cr
▲29.8%
₹934 Cr
▲94.2%
₹481 Cr
Total Assets
₹22.6K Cr
▲33.1%
₹16.9K Cr
▲30.1%
₹13.0K Cr
▲46.9%
₹8.9K Cr
▲29.0%
₹6.9K Cr
▲84.4%
₹3.7K Cr
▲41.6%
₹2.6K Cr

Values in ₹ Cr · Source: Screener.in

Cash Flow Statement

ItemMar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021
Operating CF
₹1.7K Cr
▲23.3%
₹1.4K Cr
▲1532.6%
₹86 Cr
▼90.7%
₹928 Cr
▲113.8%
₹434 Cr
▼11.2%
₹489 Cr
Investing CF
₹-6.0K Cr
▼65.1%
₹-3.6K Cr
▼86.0%
₹-1.9K Cr
▲35.6%
₹-3.0K Cr
▼191.2%
₹-1.0K Cr
▼102.7%
₹-510 Cr
Financing CF
₹5.1K Cr
▲105.4%
₹2.5K Cr
▲38.7%
₹1.8K Cr
▼16.6%
₹2.1K Cr
▲268.4%
₹582 Cr
▲1193.3%
₹45 Cr
Net Cash Flow
₹873 Cr
▲212.9%
₹279 Cr
▲535.9%
₹-64 Cr
▼204.9%
₹61 Cr
▲458.8%
₹-17 Cr
▼170.8%
₹24 Cr
Free Cash Flow
₹-4.0K Cr
▼160.4%
₹-1.6K Cr
▲14.2%
₹-1.8K Cr
▲8.0%
₹-2.0K Cr
▼423.7%
₹-375 Cr
▼1141.7%
₹36 Cr

Values in ₹ Cr · Source: Screener.in

Key Ratios History

MetricMar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021
Debtor Days
53d
▲15.2%
46d
▼30.3%
66d
▼1.5%
67d
▲28.8%
52d
▲85.7%
28d
Inventory Days
Days Payable
Cash Conv. Cycle
53d
▲15.2%
46d
▼30.3%
66d
▼1.5%
67d
▲28.8%
52d
▲85.7%
28d
Working Capital Days
-766d
▼77.3%
-432d
▼146.9%
-175d
▲63.0%
-473d
▼122.1%
-213d
▼26.0%
-169d
ROCE
6.0%
▼14.3%
7.0%
▼12.5%
8.0%
▲14.3%
7.0%
▼30.0%
10.0%

Source: Screener.in · Lower days = better efficiency

About Clean Max Enviro Energy Solutions Limited

The company is India’s largest Commercial & Industrial (C&I) renewable energy provider, with over 15 years of operating history.[1]

Power · Power

Frequently Asked Questions

What is Clean Max Enviro Energy Solutions Limited share price today?
Clean Max Enviro Energy Solutions Limited (CLEANMAX) is currently trading at ₹1,365.3 on NSE, up 2.15% as of the last market session. Prices update daily after market close on MarketNetra.
Is Clean Max Enviro Energy Solutions Limited available in F&O (Futures & Options)?
Yes, Clean Max Enviro Energy Solutions Limited (CLEANMAX) is part of the NSE F&O segment with a lot size of 1 shares. Options are available with monthly expiry contracts. You can track the full option chain and OI analysis on MarketNetra.
What is Clean Max Enviro Energy Solutions Limited 52-week high and low?
Clean Max Enviro Energy Solutions Limited's 52-week high is ₹1,536 and the 52-week low is ₹727. The current price of ₹1,365.3 is 11.1% below the 52W high.
What is Clean Max Enviro Energy Solutions Limited P/E ratio?
Clean Max Enviro Energy Solutions Limited's current P/E ratio is 234. This indicates the market is paying ₹234 for every ₹1 of earnings. Compare this to the sector average to assess relative valuation.
How to trade Clean Max Enviro Energy Solutions Limited options?
Clean Max Enviro Energy Solutions Limited options are traded on NSE with monthly expiry contracts (lot size: 1 shares). To trade CLEANMAX options: select your expiry on the option chain page, identify key OI strikes, check the PCR and buildup type on OI analysis, and review FII/DII flows for institutional sentiment before taking a position.