CL
Clean Max Enviro Energy Solutions Ltd (CLEANMAX)
₹1,456.90
Mkt cap
₹17,080 Cr
P/E ratio
270.00
P/B
3.68
Div yield
0.00%
ROE
1.76%
ROCE
6.16%
EPS (TTM)
₹5.40
Book value
₹396
52W range
770–1,494
Sector
Utilities
The company is India’s largest Commercial & Industrial (C&I) renewable energy provider, with over 15 years of operating history. [1]
Health check
Cautious
ValuationExpensive
ProfitabilityWeak
GrowthHigh
TechnicalsNeutral
52-week range
−2.48% from high₹1,457
₹770+89.28% from low₹1,494
Current
₹1,456.90
Prev close
₹1,437.00
Day
+1.38%
Price performance
1D
+1.38%
1W
+9.01%
1M
+7.75%
3M
+37.82%
6M
—
1Y
—
YTD
+67.94%
Financials
FRevenue, profit & margin
P/E ratio
270.0×
CLEANMAX is 1,128% above the sector median of 22.0×
CLEANMAX270.0×
Sector median22.0×
| Dec 2024 | Mar 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Trend | |
|---|---|---|---|---|---|---|
| Sales | 374 | 446 | 531 | 422 | 557 | |
| Expenses | 189 | 189 | 195 | 159 | 290 | |
| Operating Profit | 184 | 257 | 335 | 263 | 268 | |
| OPM % | 49% | 58% | 63% | 62% | 48% | |
| Other Income | 36 | 54 | 27 | 44 | 84 | |
| Interest | 154 | 204 | 195 | 190 | 180 | |
| Depreciation | 83 | 81 | 89 | 111 | 97 | |
| Profit before tax | -17 | 26 | 79 | 7 | 75 | |
| Tax % | -73% | 34% | 60% | -219% | 40% | |
| Net Profit | -4 | 17 | 36 | 21 | 45 | |
| EPS in Rs | 4.85 | 43.39 | 2.49 | 2.69 | 4.73 | |
| Raw PDF |
Earnings
EResults dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Corporate actions
CLast 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Shareholding
Sas of Jun 202649.43%Promoter
Promoters49.43%0.05
FIIs11.21%18.59
DIIs14.67%0.08
Public24.70%18.73
Ownership trend
Peers
P8 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 | ₹347.20 | 12.13 | 3,36,668 | 2.40% | 6,896 | +11.82% | 50,741 | +7.81% | 8.33% |
| Adani Green | ₹1,395.10 | 118.52 | 2,29,798 | 0.00% | 983 | +16.89% | 4,431 | +16.61% | 7.39% |
| JSW Energy | ₹551.65 | 50.42 | 1,01,144 | 0.36% | 533 | −36.62% | 5,207 | +1.24% | 8.16% |
| NTPC Green Ene. | ₹96.32 | 133.72 | 81,162 | 0.00% | 305 | +38.26% | 1,107 | +62.72% | 3.53% |
| NHPC Ltd | ₹79.39 | 21.18 | 79,748 | 2.41% | 1,549 | +71.05% | 2,816 | +19.96% | 5.73% |
| NLC India | ₹292.80 | 11.53 | 40,601 | 1.23% | 1,481 | +189.12% | 5,042 | +31.45% | 10.45% |
| SJVN | ₹67.58 | 41.36 | 26,558 | 2.16% | −118 | +7.54% | 1,496 | +196.68% | 5.57% |
| Clean Max Enviro | ₹1,456.90 | 269.87 | 17,080 | 0.00% | 45 | +151.79% | 557 | +25.13% | 6.16% |
| Median: 27 Co. | ₹112.57 | 21.99 | 7,713 | 0.00% | 52 | +23.01% | 796 | +12.38% | 6.97% |
Filings
DAnnual reports1
Concall transcripts8
Credit ratings2
Announcements5
Shareholder Meeting / Postal Ballot-Outcome of AGM 5hAnnouncement under Regulation 30 (LODR)-Acquisition 6h - Board approved sale of 26% stakes in Clean Max Sau/Ni and acquisition of 26% in Clean Max Uno.Intimation Under Regulation 30 Read With Schedule III Of The SEBI (LODR) Regulations, 2015 6h - Board approved sale of 26% stakes in two subsidiaries and acquisition of 26% in Clean Max Uno by 31 August 2026.Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 17 Jul - Allotment of 9220 ESOPs pursuant to CMES ESOP SchemeOutcome Of The Meeting Of Risk Management Committee Of The Board Of Clean Max Enviro Energy Solutions Limited (Formerly Known As Clean Max Enviro Energy Solutions Private Limited) ('The Company') Held On 15 July 2026 15 Jul - Committee approved corporate guarantee up to INR 22 crore for subsidiary Clean Max Aria on 15 July 2026.