CLEAN MAX ENVIRO EN SOL L CLEANMAX NSEINFRA
Company Overview
Clean Max Enviro Energy Solutions Limited engages in development and maintenance of renewable energy projects, such as solar and wind power solutions for commercial and industrial customers. The company operates in two segments, Renewable Energy Power Sales Segment and Renewable Energy Services Segment. The company delivers renewable energy through wind, solar, and hybrid farms, rooftop and ground-mounted solar projects, floating solar, and solar carports. It also offers off-site renewable energy solutions, such as STU-connected and CTU-connected off-site solutions. In addition, the company offers land identification and acquisition; transmission and evacuation infrastructure; engineering, procurement, and construction; operations and maintenance; and lifecycle asset management services, as well as carbon trading and advisory services. In addition, it supplies renewable energy certificates, supports carbon project financing, and provides hybrid clean energy solutions, distributed solar, and technologies. The company serves commercial and industrial clients in sectors including automotive, education, pharmaceuticals, fast-moving consumer goods, information technology, data centers, textiles, and chemicals across India and internationally. Clean Max Enviro Energy Solutions Limited was incorporated in 2010 and is headquartered in Mumbai, India.
Why Investors Should Care
Net profit has compounded at 81.4% per year over the last five years.
Revenue has grown at a 27.1% CAGR over the past five years.
Operating margin of 43.5% supports profitability.
Recent Developments
- Mar 2026 Revenue of ₹1,908.42 Cr (+27.7% YoY); net profit ₹94.13 Cr.
- Trailing 12 Months Year-on-year growth — revenue +27.7%, earnings +238.1%.
- 5-Year Trend Long-term compounding — revenue CAGR 27.1%, profit CAGR 81.4%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 27.14% |
| 1 Year: | 27.72% |
Compounded Profit Growth
| 5 Years: | 81.41% |
| 1 Year: | 238.08% |
Stock Price Performance
| 1 Year: | +48.93% |
| 6 Months: | - |
| 3 Months: | +40.69% |
| 1 Month: | +1.40% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMAAbove
- RSI (14)49.90 · Neutral
P/E of 543.28 is above the sector median of 30.12 — pricier than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Compounding revenue at 27.1% over 5 years.
- Profit CAGR of 81.4% over 5 years.
CONS
- Trading at a high P/E of 543.3.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Utilities).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | CLEANMAX CLEAN MAX ENVIRO EN SOL L NSEINFRA | 1,292.00 | 543.28 | ₹15,126.63 Cr | 0.00% | 4.86% | 2.03% | 27.14% | 81.41% |
| 2 | ADANIPOWER Adani Power Limited NSEINFRA | 223.26 | 33.73 | ₹4.31 L Cr | 0.00% | 15.13% | 19.76% | 12.51% | 6.16% |
| 3 | NTPC NTPC Limited NIFTY50NSEINFRAPSU | 346.55 | 12.42 | ₹3.36 L Cr | 3.29% | 9.27% | 13.31% | 2.49% | 16.95% |
| 4 | POWERGRID Power Grid Corporation of India Limited NIFTY50NSEAIINFRAPSU | 284.15 | 17.34 | ₹2.64 L Cr | 4.33% | 10.70% | 15.85% | 2.02% | 1.09% |
| 5 | ADANIGREEN Adani Green Energy Limited NSEINFRA | 1,596.50 | 165.44 | ₹2.63 L Cr | 0.00% | 6.35% | 8.27% | 16.60% | 19.26% |
| 6 | ADANIENSOL Adani Energy Solutions Limited NSEINFRA | 1,700.00 | 187.85 | ₹2.04 L Cr | 0.00% | 8.43% | 8.98% | 27.69% | 22.02% |
| 7 | ENRIN Siemens Energy India Limited NSEINFRA | 3,438.90 | 111.33 | ₹1.22 L Cr | 0.11% | 29.23% | 25.11% | 63.51% | 83.35% |
| 8 | TATAPOWER The Tata Power Company Limited NSEAIINFRA | 380.25 | 30.64 | ₹1.22 L Cr | 0.66% | 8.53% | 9.49% | 4.10% | 3.95% |
| 9 | GAIL GAIL (India) Limited NSEINFRAPSU | 172.29 | 14.94 | ₹1.13 L Cr | 7.20% | 9.12% | 8.51% | -0.86% | 10.53% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Dec 2024 | Mar 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue | 374.00 Cr | 441.71 Cr | 531.00 Cr | 422.00 Cr | 554.55 Cr |
| Cost of Revenue | - | 155.25 Cr | - | - | 181.49 Cr |
| Gross Profit | - | 286.46 Cr | - | - | 373.07 Cr |
| Operating Expenses | 189.00 Cr | 110.63 Cr | 195.00 Cr | 159.00 Cr | 202.13 Cr |
| Operating Income | 101.00 Cr | 175.83 Cr | 246.00 Cr | 152.00 Cr | 170.94 Cr |
| EBITDA | 184.00 Cr | 310.78 Cr | 335.00 Cr | 263.00 Cr | 352.11 Cr |
| Interest Expense | 154.00 Cr | 203.64 Cr | 195.00 Cr | 190.00 Cr | 180.18 Cr |
| Pretax Income | -17.00 Cr | 26.20 Cr | 79.00 Cr | 7.00 Cr | 75.25 Cr |
| Tax Provision | 12.41 Cr | 8.98 Cr | 47.40 Cr | -15.33 Cr | 29.86 Cr |
| Net Income | -4.00 Cr | 22.01 Cr | 36.00 Cr | 21.00 Cr | 55.42 Cr |
| Diluted EPS | 4.85 | 1.88 | 2.49 | 2.69 | 5.02 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Revenue | 621.00 Cr | 702.00 Cr | 928.57 Cr | 1,389.58 Cr | 1,494.26 Cr | 1,908.42 Cr |
| Cost of Revenue | - | - | 427.46 Cr | 451.44 Cr | 410.75 Cr | 502.09 Cr |
| Gross Profit | - | - | 501.11 Cr | 938.14 Cr | 1,083.51 Cr | 1,406.33 Cr |
| Operating Expenses | 381.00 Cr | 406.00 Cr | 235.97 Cr | 452.02 Cr | 474.83 Cr | 575.65 Cr |
| Operating Income | 170.00 Cr | 209.00 Cr | 265.14 Cr | 486.11 Cr | 608.68 Cr | 830.68 Cr |
| EBITDA | 240.00 Cr | 295.00 Cr | 307.21 Cr | 711.62 Cr | 998.85 Cr | 1,252.78 Cr |
| Interest Expense | 141.00 Cr | 167.00 Cr | 207.78 Cr | 483.90 Cr | 639.12 Cr | 737.89 Cr |
| Pretax Income | 44.00 Cr | 52.00 Cr | -16.16 Cr | 6.20 Cr | 59.75 Cr | 134.98 Cr |
| Tax Provision | 18.48 Cr | 21.84 Cr | 43.32 Cr | 43.84 Cr | 40.32 Cr | 49.40 Cr |
| Net Income | 25.00 Cr | 30.00 Cr | -65.27 Cr | -30.99 Cr | 27.84 Cr | 94.13 Cr |
| Diluted EPS | 334.17 | 83.97 | -5.57 | -2.65 | 2.38 | - |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Total Assets | 2,632.00 Cr | 3,728.00 Cr | 7,000.14 Cr | 9,076.55 Cr | 13,279.25 Cr | 23,098.28 Cr |
| Current Assets | - | - | 959.44 Cr | 1,006.61 Cr | 1,869.17 Cr | 3,405.12 Cr |
| Cash & Equivalents | - | - | 113.17 Cr | 49.62 Cr | 328.58 Cr | 1,201.96 Cr |
| Inventory | - | - | 76.75 Cr | 39.96 Cr | 52.08 Cr | 39.95 Cr |
| Receivables | - | - | 169.41 Cr | 251.75 Cr | 188.07 Cr | 277.88 Cr |
| Total Liabilities | - | - | 5,531.38 Cr | 6,842.57 Cr | 10,074.48 Cr | 17,574.74 Cr |
| Current Liabilities | - | - | 1,629.26 Cr | 1,285.44 Cr | 2,450.57 Cr | 5,129.21 Cr |
| Long Term Debt | - | - | 3,618.52 Cr | 5,195.41 Cr | 7,126.84 Cr | 11,435.83 Cr |
| Total Debt | 1,341.00 Cr | 1,605.00 Cr | 3,875.24 Cr | 5,570.43 Cr | 8,087.19 Cr | 12,807.72 Cr |
| Total Equity | 50.76 Cr | 1,261.00 Cr | 1,210.74 Cr | 1,833.47 Cr | 2,563.48 Cr | 4,638.27 Cr |
| Shares Outstanding | - | - | 11.71 Cr | 11.71 Cr | 11.71 Cr | 11.71 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | 489.00 Cr | 434.00 Cr | 927.65 Cr | 86.28 Cr | 1,404.20 Cr | 1,731.24 Cr |
| Investing Cash Flow | -510.00 Cr | -1,034.00 Cr | -3,010.76 Cr | -1,938.60 Cr | -3,617.05 Cr | -5,957.47 Cr |
| Financing Cash Flow | 45.00 Cr | 582.00 Cr | 2,144.33 Cr | 1,788.78 Cr | 2,481.24 Cr | 5,095.40 Cr |
| Capital Expenditure | -453.00 Cr | -809.00 Cr | -2,845.59 Cr | -1,866.13 Cr | -2,910.62 Cr | -5,754.32 Cr |
| Free Cash Flow | 36.00 Cr | -375.00 Cr | -1,917.94 Cr | -1,779.86 Cr | -1,506.42 Cr | -4,023.08 Cr |
| Net Change in Cash | 24.00 Cr | -17.00 Cr | 61.21 Cr | -63.55 Cr | 268.39 Cr | 869.17 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Gross Margin % | - | - | 54.0% | 67.5% | 72.5% | 73.7% |
| Operating Margin % | 27.4% | 29.8% | 28.6% | 35.0% | 40.7% | 43.5% |
| Net Margin % | 4.0% | 4.3% | -7.0% | -2.2% | 1.9% | 4.9% |
| ROE % | 49.3% | 2.4% | -5.4% | -1.7% | 1.1% | 2.0% |
| ROCE % | - | - | 4.9% | 6.2% | 5.6% | 4.6% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for CLEANMAX
CleanMax Allots 8,740 Equity Shares Under ESOS Following Exercise of Vested Stock Options - SolarQuarter
<a href="https://news.google.com/rss/articles/CBMiwwFBVV95cUxQWmxoUG1Nb2tzTm9rSThLblZnVU5WNWQyR1FmT055NnFBYUtnd2hWMlBwMTR3LW1ySUU3M010SXRqWS11bUVrcHNKR1JxdEYtWElsME11ZnBTQ1hqeW5lLWlTTzNFMk0taXdTcE5xdnBCRFY3Z0NXX2pLUXRVY2hSWE12QTBtOXBfa2pFbl…
Clean Max Shares Tumble in Mumbai Debut After $341 Million IPO - Bloomberg.com
<a href="https://news.google.com/rss/articles/CBMisgFBVV95cUxNRVhDZk0zU1VXdTZqRFAxOGMwWnpnTWdadHI5MmNOVU1XeFFvR3J5Z2pGcFdwdEtDVWVNZFJmaU80cjRtNk9YX2toSWlMaXdlalB3M25hMHloVVpBR2thMXVETkZ0UXpoY1dhN1lyam5rNkhPY09uc2ZkZEpuZ1owa0lILVJaZUIzVTFpbH…
Clean Max founder defends IPO valuation as stock stumbles amid Iran war and weak retail demand - CNBC
<a href="https://news.google.com/rss/articles/CBMiogFBVV95cUxOMzRnTXdMNWlKV2ZRc3ZuOHRDYzhoM3FvOEVUam1IRm10SkNKMmhnc2lsd1V6YWJRbW41Y2ZJek1pUzRUSGNpVlpqNWN4SmV0ZlFoM202ckxxLXNnNTl2Rmg2TnBKLU03Q2R6VGN6WnpnbGllV1N1Mmp6SUZSWEd2cVVNNThLXzdxRUVLMX…
Indian renewable power firm Clean Max slides 18% in debut amid weak IPO appetite - Yahoo Finance Singapore
<a href="https://news.google.com/rss/articles/CBMiigFBVV95cUxNeWg5ZFdseWotZ0pGZHhPM2tvMTVlWVZ2V1U1OUJRTjcxaEIzN0syZ0Z3cWE4VnkwbUJxQTZRZVpDRVZraEc5ZjdXYXhkbm1UTlRMRzBvRVp5dHFTUGRRTWF4aXZUeXp1UndXOHFtQlZrVG1KNDhqZ2syVndoQTlJaG9iQXhnY3NCRHc?oc…
CLEANMAX Stock Price and Chart — NSE:CLEANMAX - TradingView
<a href="https://news.google.com/rss/articles/CBMiXkFVX3lxTE5hR1ZCQzE1OWdxQzY4dUhVWnY2RGthYk42RkpGeXpzcndCeFJseHBweVVRa2xIbldOaXlCUjVIUmVLd0dFZk1vTDhWMktoTzRnbFlTcUJsRGYzN3JTZ3c?oc=5" target="_blank">CLEANMAX Stock Price and Chart — NSE:CLE…
Green Stocks June 10- CleanMax Rides Meta Deal In Slippery Market - Saur Energy
<a href="https://news.google.com/rss/articles/CBMiwwFBVV95cUxPbkc0eVNmbEJFUnpLZ3BCWi1adHJzV3RCcFBoV2lHcE9FdHdzNTR2QlJJLS0zR3ctOWlWYmpzMEhYajRzdHFjRDBoSzdteGdjNTFyTEw5cGxvVmtfLW1BcldobEZaRjAwR2JiV0NxcW9pRjk4SzdHRzRhYUtwZGF1WkFpckdJV0tSVzIzM0…
CLEANMAX — Frequently Asked Questions
What is the current share price of CLEAN MAX ENVIRO EN SOL L (CLEANMAX)?
As of 2026-07-16 05:21 IST, CLEAN MAX ENVIRO EN SOL L (CLEANMAX) trades at ₹1,292.00 on NSE. Its 52-week range is ₹769.70 to ₹1,494.00.
What is the market capitalisation of CLEANMAX?
CLEAN MAX ENVIRO EN SOL L (CLEANMAX) has a market capitalisation of ₹15,126.63 Cr on NSE.
What is the P/E ratio of CLEANMAX?
CLEANMAX trades at a trailing price-to-earnings (P/E) ratio of 543.28. The industry average P/E is 30.12. Its price-to-book (P/B) ratio is 2.94.
What is the return on equity (ROE) of CLEANMAX?
CLEANMAX has a return on equity (ROE) of 2.03%. Its return on capital employed (ROCE) is 4.86%.
Is CLEANMAX a good stock to buy?
This page provides a data-driven analysis of CLEAN MAX ENVIRO EN SOL L (CLEANMAX), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.