CLEANMAX · NSE
Clean Max Enviro Energy Solutions Limited
₹1,279.4
-0.91% (-₹11.7)
Prev. close
₹1,291.1
Volume
1,02,176
Delivery %
60.0%
As of
18 Sept 2026
Price history
No analyst calls on this stock in the last 90 days yet.
Explore by date range →Analyst opinions
Fundamentals
About Clean Max Enviro Energy Solutions Limited
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.
Details
Sector
Utilities
Industry
Utilities - Renewable
CEO
Mr. Pramod Deore
Headquarters
Mumbai
Employees
594
Website
cleanmax.comExchange
View on NSE ↗Key stats
Market cap
₹15,003.67 Cr
P/E ratio (TTM)
95.3
EPS (TTM)
₹13.43
Shares float
3.53 Cr
EPS · quarter ended Jun 2026
₹4.11
Financial Performance
01 · Financials
FY22 growth needs FY21 filings, which the data source doesn't provide. EBITDA is omitted from this chart: coverage begins inside the plotted window, and every plotted period must carry a complete point set — the P&L table below has the available figures.
02 · Earnings Per Share (EPS)
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based
05 · Capital Structure & Asset Utilization
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
07 · Debt Level & Coverage
08 · Profit & Loss
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| — | — | ₹928.57 Cr | ₹1,389.58 Cr | ₹1,494.26 Cr | ₹1,912.87 Cr | |
| EBITDA | — | — | ₹307.21 Cr | ₹711.63 Cr | ₹998.85 Cr | ₹1,252.78 Cr |
| ₹25.00 Cr | ₹30.00 Cr | ₹-65.27 Cr | ₹-30.99 Cr | ₹27.84 Cr | ₹94.13 Cr | |
| Diluted EPS | — | — | ₹-5.57 | ₹-2.65 | ₹2.38 | ₹8.96 |
Revenue, Total expenses (as filed), Employee benefit expense, Other expenses, EBITDA, Pretax income, Tax provision, Other income, Diluted EPS have filed figures for only some of the years shown — the missing years are left blank rather than estimated.
09 · Balance Sheet
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹2,632.00 Cr | ₹3,728.00 Cr | ₹6,873.00 Cr | ₹8,869.00 Cr | ₹13,025.00 Cr | ₹22,555.00 Cr | |
| — | — | ₹3,875.24 Cr | ₹5,570.43 Cr | ₹8,087.20 Cr | ₹12,807.72 Cr | |
| Stockholders' equity | ₹50.76 Cr | ₹1,261.00 Cr | ₹1,211.00 Cr | ₹1,833.00 Cr | ₹2,563.00 Cr | ₹4,639.00 Cr |
Current assets, Trade receivables, Cash & equivalents, Non-current assets, CWIP, Others, Total debt, Long-term debt, Current (short-term) debt have filed figures for only some of the years shown — the missing years are left blank rather than estimated.
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹489.00 Cr | ₹434.00 Cr | ₹928.00 Cr | ₹86.00 Cr | ₹1,404.00 Cr | ₹1,731.00 Cr | |
| Investing cash flow | — | — | ₹-3,010.77 Cr | ₹-1,938.60 Cr | ₹-3,617.05 Cr | ₹-5,957.36 Cr |
| ₹45.00 Cr | ₹582.00 Cr | ₹2,144.00 Cr | ₹1,789.00 Cr | ₹2,481.00 Cr | ₹5,095.00 Cr | |
| Capital expenditure | ₹-467.00 Cr | ₹-811.00 Cr | ₹-2,846.00 Cr | ₹-1,866.00 Cr | ₹-2,911.00 Cr | ₹-5,754.00 Cr |
| End cash position | — | — | ₹113.17 Cr | ₹49.62 Cr | ₹328.59 Cr | ₹1,201.96 Cr |
Investing cash flow, Dividends paid, End cash position have filed figures for only some of the years shown — the missing years are left blank rather than estimated.
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Mar 26–Mar 26(2Q) | Jun 26 |
|---|---|---|
| Promoter | 49.48% | 49.42% |
| Public | 50.52% | 50.58% |
| Employee trusts | 0.00% | 0.00% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Utilities
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| Adani Power Limited | ₹3.97 L Cr | ₹206.6 | 27.9 | 6.12 | 19.8% | 0.84 | -3.5% | -67.3% |
| NTPC Limited | ₹3.20 L Cr | ₹323.65 | 10.1 | 1.57 | 13.3% | 1.33 | -1.2% | -3.9% |
| Power Grid Corporation of India Limited | ₹2.45 L Cr | ₹270.3 | 12.9 | 2.44 | 15.8% | 1.51 | +1.6% | -6.5% |
| Adani Green Energy Limited | ₹2.10 L Cr | ₹1,334.5 | 122.3 | 10.51 | 8.3% | 5.08 | +11.6% | +36.3% |
| Adani Energy Solutions Limited | ₹1.70 L Cr | ₹1,436.1 | 57.1 | 6.67 | 9.0% | 1.93 | +15.4% | +71.5% |
| Tata Power Company Limited | ₹1.18 L Cr | ₹374.8 | 30.6 | 2.99 | 9.5% | 2.02 | -4.8% | -4.7% |
| GAIL (India) Limited | ₹1.13 L Cr | ₹173.9 | 11.4 | 1.27 | 8.5% | 0.28 | -0.2% | -3.9% |
| Siemens Energy India Limited | ₹1.11 L Cr | ₹3,228 | 74.2 | 25.27 | 25.1% | 0.03 | +63.5% | -7.1% |
| JSW Energy Limited | ₹93,817.50 Cr | ₹526 | 40.3 | 3.05 | 7.3% | 2.50 | +62.8% | -2.2% |
| NHPC Limited | ₹75,749.61 Cr | ₹75.2 | 27.6 | 1.83 | 9.1% | 1.32 | +7.2% | -13.8% |
| NTPC Green Energy Limited | ₹73,797.80 Cr | ₹88.55 | 141.3 | 3.89 | 2.8% | 1.67 | +29.8% | -14.7% |
| Clean Max Enviro Energy Solutions Limited | ₹15,090.45 Cr | ₹1,291.1 | 96.4 | 3.25 | 2.0% | 2.76 | +27.7% | — |
Ranked by market cap within Utilities, same metrics as the Fundamentals screener. Click a column to sort.
Documents
IPO documents
Annual reports
Concall transcripts
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.
Index membership
2 indices
NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.
Clean Max Enviro Energy Solutions IPO Struggles On Debut Day; GMP muted;Apply or stay away?
Clean Max Enviro Energy Solutions' IPO opened with a cautious start, seeing muted investor participation on its debut day. The renewable energy company aims to raise Rs. 3,100 crore, but initial bids were low across categories. The grey market premium also remained subdued, indicating a potentially flat listing.
Clean Max Enviro Energy Solutions (CLEANMAX) Share Price Falls 5.47% Today
Univest · 4 days ago