CL
Clean Max Enviro Energy Solutions Ltd (CLEANMAX)
₹1,242.50
Mkt cap
₹14,612 Cr
P/E ratio
93.20
P/B
3.14
Div yield
0.00%
ROE
1.76%
ROCE
6.16%
EPS (TTM)
₹13.33
Book value
₹396
52W range
727–1,536
Sector
Utilities
Price history
Previous close
The company is India’s largest Commercial & Industrial (C&I) renewable energy provider, with over 15 years of operating history. [1]
NSE CLEANMAXBSE 544717
Health check
Cautious
ValuationExpensive
ProfitabilityWeak
GrowthHigh
TechnicalsNeutral
52-week range
−19.11% from high₹1,243
₹727+70.88% from low₹1,536
Current
₹1,242.50
Prev close
₹1,262.60
Day
−1.59%
Price performance
1D
−1.55%
1W
+5.71%
1M
−10.08%
3M
−5.04%
6M
+14.04%
1Y
—
YTD
+43.23%
Financials
Revenue, profit & margin
P/E ratio
93.2×
CLEANMAX is 353% above the sector median of 20.6×
CLEANMAX93.2×
Sector median20.6×
| Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|
| Sales | 374 | 446 | 402 | 531 | 422 | 557 | 832 | |
| Expenses | 189 | 189 | 137 | 195 | 159 | 290 | 411 | |
| Operating Profit | 184 | 257 | 266 | 335 | 263 | 268 | 421 | |
| OPM % | 49% | 58% | 66% | 63% | 62% | 48% | 51% | |
| Other Income | 36 | 54 | 9 | 27 | 44 | 84 | 42 | |
| Interest | 154 | 204 | 221 | 195 | 190 | 180 | 255 | |
| Depreciation | 83 | 81 | 83 | 89 | 111 | 97 | 115 | |
| Profit before tax | -17 | 26 | -30 | 79 | 7 | 75 | 94 | |
| Tax % | -73% | 34% | -44% | 60% | -219% | 40% | 41% | |
| Net Profit | -4 | 17 | -17 | 36 | 21 | 45 | 55 | |
| EPS in Rs | 0.24 | 2.17 | -1.40 | 2.49 | 2.69 | 4.73 | 4.14 | |
| Raw PDF |
Earnings
Results dates & reactionsNext results
3 Nov '26
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Corporate actions
Last 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Shareholding
as of Sep 202649.27%Promoter
Promoters49.27%0.16
FIIs13.87%2.66
DIIs19.43%4.76
Public17.39%7.31
Ownership trend
Peers
8 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| NTPC | ₹316.25 | 11.05 | 3,06,657 | 2.85% | 6,896 | +11.82% | 50,741 | +7.81% | 8.92% |
| Adani Green | ₹1,298.70 | 109.49 | 2,13,919 | 0.00% | 747 | +2.26% | 4,258 | +41.56% | 7.39% |
| JSW Energy | ₹500.35 | 38.91 | 91,738 | 0.40% | 1,141 | +49.91% | 6,368 | +23.00% | 8.16% |
| NHPC Ltd | ₹77.74 | 20.57 | 78,090 | 2.07% | 1,178 | +2.90% | 3,808 | +18.50% | 5.75% |
| NTPC Green Ene. | ₹82.44 | 105.76 | 69,467 | 0.00% | 138 | +56.96% | 938 | +53.22% | 3.56% |
| NLC India | ₹227.95 | 9.85 | 31,608 | 1.69% | 436 | −39.28% | 4,717 | +23.29% | 8.42% |
| ACME Solar Hold. | ₹404.80 | 38.06 | 28,614 | 0.05% | 269 | +139.77% | 887 | +89.63% | 8.91% |
| Clean Max Enviro | ₹1,242.50 | 93.16 | 14,612 | 0.00% | 55 | +441.69% | 832 | +106.83% | 6.16% |
| Median: 28 Co. | ₹107.41 | 20.57 | 7,308 | 0.00% | 60 | +31.82% | 786 | +15.08% | 6.16% |
Filings
Annual reports1
Concall transcripts11
Announcements5
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 30 Oct - Allotment of 3,320 equity shares under Clean Max Enviro Energy Solutions Limited Employee Stock Option Scheme 2015 as amendedIntimation Under Regulation 30 Read With Schedule III Of The
SEBI (Listing Obligations And
Disclosure Requirements) Regulations, 2015 As Amended 30 Oct - Company to sell 26% stake in Clean Max Alps Private Limited for INR 26,000.Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 30 Oct - Intimation of the Earnings Conference Call for the quarter and half year ended 30 September 2026.Board Meeting Intimation for Board Meeting Intimation For Approval Of Un-Audited Standalone And Consolidated Financial Results, Approval For Issuance Of Non-Convertible Securities On Private Placement Basis 29 Oct - Board meeting on 3 Nov 2026 to approve Q2 FY27 results and consider NCD/bond issuance.Outcome Of The Meeting Of Risk Management Committee Held On 21 October 2026 21 Oct - Committee approved corporate guarantees for subsidiaries' term loans: ₹79.5 crore and ₹25.5 crore.






