Power · NIFTY 500
Clean Max Enviro Energy Solutions Limited
NSECLEANMAX
BSE544717 ISININE647U01026 SeriesEQ Listed on NSE · BSE
₹1,305.30 +50.80 (+4.05%) Updated 12 Nov, 8:49 pm IST
Price, daily close
Today
- Open
- ₹1,257.70
- Prev close
- ₹1,254.50
- Day high
- ₹1,345.00
- Day low
- ₹1,257.70
- Volume
- 4.19 L
- Value traded
- ₹55.14 Cr
- Upper circuit
- ₹1,505.40
- Lower circuit
- ₹1,003.60
- 52W high
- ₹1,536.00
- 52W low
- ₹727.10
- 1 month
- -6.57%
- 6 months
- +2.49%
52W low52W high
Ratios
Key numbers
Worked out from the latest filings (Consolidated) and today's price. TTM = last four quarters.
Market cap₹15,344 Cr
P/E (TTM)82.67
P/B3.17
Book value / share₹411.73
EPS (TTM)₹15.79
ROE4.1%
Dividend yield—
Dividend (12m)—
Net margin (TTM)7.8%
Operating margin72.2%
Debt / equity3.56
Current ratio1.00
EV / EBITDA21.45
Sales growth (YoY qtr)—
Profit growth (YoY qtr)—
Sales CAGR 3Y—
Profit CAGR 3Y—
Shares11.76 Cr
Quarterly results
Results for each quarter
Last 4 quarters, consolidated, ₹ crore. Hover a bar to see the number.
Revenue and net profit
Dec 25
Mar 26
Jun 26
Sep 26
Revenue · QoQ (vs last quarter)
—+32%+49%-13%
Net profit · QoQ (vs last quarter)
—+100%-12%+36%
RevenueNet profitLine = trend
Dec 25
Mar 26
Jun 26
Sep 26
EPS (₹)Line = trend
| ₹ Cr | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|
| Revenue | 422 | 557 | 832 | 728 |
| Other income | 43.8 | 82.1 | 41.9 | 23.2 |
| Total income | 466 | 640 | 874 | 751 |
| Raw material | 94.7 | 175 | 290 | 134 |
| Purchases | 22.0 | 6.2 | 9.2 | 4.6 |
| Employee cost | 29.9 | 13.2 | 32.3 | 34.7 |
| Other expenses | 12.8 | 95.2 | 80.1 | 30.1 |
| Total expenses | 460 | 567 | 781 | 632 |
| Operating profit | 263 | 268 | 421 | 525 |
| OPM % | 62.3% | 48.0% | 50.6% | 72.2% |
| Finance cost | 190 | 180 | 255 | 289 |
| Depreciation | 111 | 96.7 | 115 | 139 |
| Exceptional items | — | — | — | 0.9 |
| Profit before tax | 6.3 | 72.9 | 93.5 | 120 |
| Tax | -14.5 | 29.9 | 38.8 | 55.0 |
| Net profit | 21.2 | 45.4 | 55.2 | 65.8 |
| Profit to shareholders | 27.6 | 55.4 | 48.5 | — |
| EPS (₹) | 2.68 | 5.02 | 4.11 | 3.98 |
Profit & loss
Results for each year
1 financial years (April to March), consolidated, ₹ crore.
Sales, operating profit and net profit
FY26
RevenueOperating profitNet profitLine = trend
| ₹ Cr | FY26 |
|---|---|
| Revenue | 1,913 |
| Other income | 162 |
| Total expenses | 1,946 |
| Employee cost | 104 |
| Operating profit | 1,132 |
| OPM % | 59.2% |
| Finance cost | 786 |
| Depreciation | 380 |
| Profit before tax | 129 |
| Tax | 49.4 |
| Tax rate % | 38.4% |
| Net profit | 85.6 |
| Profit to shareholders | 94.1 |
| Net margin % | 4.9% |
| EPS (₹) | 8.96 |
Balance sheet
Assets and debt
At each year end (and the latest half year), ₹ crore.
Equity, debt and assets
Mar 26
Sep 26
Shareholders' equityBorrowingsCashLine = trend
| ₹ Cr | Mar 26 | Sep 26 |
|---|---|---|
| Shareholders' equity | 4,638 | 4,840 |
| Long-term borrowings | 11,312 | 16,144 |
| Short-term borrowings | 1,098 | 1,082 |
| Total borrowings | 12,411 | 17,227 |
| Current liabilities | 5,129 | 4,184 |
| Fixed assets (PPE) | 11,745 | 13,771 |
| Inventories | 40.0 | 97.2 |
| Trade receivables | 278 | 577 |
| Cash & equivalents | 1,202 | 892 |
| Current assets | 3,405 | 4,198 |
| Total assets | 23,098 | 27,546 |
| Debt / equity | 2.68 | 3.56 |
Cash flow
Cash coming in and going out
For each financial year, ₹ crore. Free cash flow = cash from operations minus spending on fixed assets.
Operating, investing and financing cash
FY26
OperationsInvestingFinancingLine = trend
| ₹ Cr | FY26 |
|---|---|
| Cash from operations | 1,731 |
| Cash from investing | -5,957 |
| Cash from financing | 5,095 |
| Spent on fixed assets | -5,687 |
| Free cash flow | -3,956 |
| Net cash flow | 869 |
Shareholding
Who holds the shares
Promoter and public holding at each quarter end, as filed with NSE.
Holding over time
Promoter & groupPublic
Latest (30 Sep 2026)
49.3%promoter
- Promoter & group
- 49.28%
- Public (FIIs, mutual funds, retail…)
- 50.72%
- Promoter change, last quarter
- -0.14 pts
Dividends & news
Latest dividends and announcements
Dividends & corporate actions
No recent corporate actions.
Board meetings
- the Half Yearly Unaudited Financial results of the Company for the period ended September 2026 and Fund raising.
- Board Meeting Intimation for Approval of Un-Audited Standalone and Consolidated Financial Results, Approval for Issuance of Non-Convertible Securitie…
- the Quarterly Unaudited Financial results of the Company for the period ended June 2026 and Fund raising/Amalgamation.
- the financial results for the period ended Jun 30, 2026, Fund Raising and other business matters
- Board Meeting Intimation for Considering and Approving the Audited Standalone and Consolidated Financial Results of the Company for the quarter and f…
Filings with NSE
- Press Release
- ESOP/ESOS/ESPS
- Giving guarantees/indemnity/ becoming a surety for third party
- Analysts/Institutional Investor Meet/Con. Call Updates
- Copy of Newspaper Publication
- Analysts/Institutional Investor Meet/Con. Call Updates
- Acquisition
Latest news
Clean Max Enviro Energy pledges Rs 50,000 crore investment in Andhra PradeshThe Economic Times · 12 Nov, 6:41 pmClean Max Enviro Energy shares jump 7%; stock trades 27% above IPO price - What's driving the rally? | Check key levelsTradingView · 12 Nov, 2:49 pmCleanMax signs MoU to invest ₹50,000 crore in AP clean energy complexscanx.trade · 12 Nov, 4:28 pmCleanMax signs ₹50,000 crore MoU with Andhra Pradesh to power 2 GW green compute factoryCNBC TV18 · 12 Nov, 4:45 pmClean Max Enviro Energy share price rallies 7% after block deal actionBusiness Standard · 3 Sep, 12:30 pmClean Max Enviro Energy Solutions raises ₹2,500 crore via green bond issuance; shares rise 9% in a monthUpstox · 28 Sep, 12:30 pmNifty 500 at open: Cupid hits record high on 133% Q2 profit jump; ONGC fallsCNBC TV18 · 12 Nov, 10:03 amClean Max Enviro shares hit all-time high on announcing Meta partnershipMoneycontrol.com · 10 Jun, 12:30 pmAbout
About Clean Max Enviro Energy Solutions Limited
Clean Max Enviro Energy Solutions Limited is listed on the NSE under the symbol CLEANMAX and belongs to the Power sector.
Company details
- Company name
- Clean Max Enviro Energy Solutions Limited
- NSE symbol
- CLEANMAX
- BSE scrip code
- 544717
- ISIN
- INE647U01026
- Listed on
- NSE, BSE
- Series
- EQ (normal equity)
- Listed on NSE since
- 2 Mar 2026
- Face value
- ₹1 per share
- Market lot
- 1 share
- Shares issued
- 11.76 crore
- Index
- NIFTY 500
- Sector (NSE)
- Power
- Industry
- Alternative Power Generation
- Managing director / CEO
- Kuldeep Jain
- Chair
- Kuldeep Jain
- Headquarters
- Mumbai, IN
- Founded
- 2010
- Employees
- 594
- Financial year
- April to March
- Results basis
- Consolidated
- Website
- cleanmax.com
Peers
Other Power stocks
-
TATAPOWERTata Power Co.
₹357.00
-0.83%
-
ADANIGREENAdani Green Energy
₹1,422.00
+1.45%
-
NAVANava
₹574.15
+5.41%
-
ADANIPOWERAdani Power
₹207.90
-0.05%
-
POWERGRIDPower Grid Corporation of India
₹259.45
-1.63%
-
ADANIENSOLAdani Energy Solutions
₹1,434.10
+1.21%
-
NTPCNTPC
₹323.00
-1.22%
-
JSWENERGYJSW Energy
₹519.65
+0.03%
Prices from NSE via Upstox. Financials from the company's results filed with NSE (XBRL); ratios are our own working. Profile from global-stock-logos (MIT). For information only, not a recommendation to buy or sell.