Clean Max Enviro Energy Solutions Limited

About

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.

Key Metrics

as of Sep 2026

Market Cap15,842 Cr

P/E101.00

Div Yield0.00 %

Book Value₹396.00

52w High₹1,536.00

52w Low₹727.00

Face Value₹1.00

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024
Sales	2,125.00	1,897.00	1,521.00	1,458.00	1,128.00	1,039.00	639.00
Expenses	1,707.00	1,669.00	1,146.00	1,131.00	953.00	886.00	488.00
Operating Profit	418.00	227.00	375.00	327.00	175.00	153.00	151.00
OPM %	20.00	12.00	25.00	22.00	16.00	15.00	24.00
Other Income	172.00	111.00	91.00	91.00	62.00	57.00	48.00
Depreciation	14.00	13.00	14.00	12.00	10.00	11.00	10.00
Interest	108.00	136.00	95.00	87.00	52.00	61.00	46.00
Profit before tax	468.00	189.00	357.00	319.00	174.00	138.00	142.00
Tax %	25.00	34.00	24.00	25.00	23.00	17.00	27.00
Net Profit	350.00	124.00	270.00	239.00	134.00	114.00	104.00
EPS in Rs	29.88	10.63	26.28	23.56	26.33	224.23	205.73

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Sales	6,003.00	2,270.00	2,106.00	2,776.00	927.00	812.00	387.00
Expenses	4,891.00	1,841.00	1,655.00	2,423.00	831.00	745.00	358.00
Operating Profit	1,113.00	429.00	452.00	354.00	97.00	67.00	29.00
OPM %	19.00	19.00	21.00	13.00	10.00	8.00	8.00
Other Income	346.00	189.00	122.00	-23.00	30.00	19.00	15.00
Interest	369.00	190.00	155.00	103.00	28.00	25.00	29.00
Depreciation	50.00	39.00	30.00	18.00	13.00	12.00	13.00
Profit before tax	1,039.00	389.00	389.00	209.00	86.00	49.00	2.00
Tax %	26.00	23.00	27.00	37.00	27.00	25.00	26.00
Net Profit	767.00	298.00	282.00	132.00	62.00	37.00	1.00
EPS in Rs	65.54	587.78	641.96	363.90	171.92	487.66	19.48
Dividend Payout %	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Equity Capital	12.00	5.00	4.00	4.00	4.00	0.76	0.75
Reserves	5,636.00	3,394.00	2,474.00	1,550.00	1,401.00	158.00	846.00
Borrowings	2,168.00	1,549.00	1,179.00	984.00	183.00	161.00	208.00
Other Liabilities	5,260.00	2,352.00	1,273.00	1,511.00	628.00	1,109.00	265.00
Total Liabilities	13,076.00	7,300.00	4,929.00	4,049.00	2,216.00	1,429.00	1,319.00
Fixed Assets	1,149.00	852.00	707.00	335.00	282.00	233.00	229.00
CWIP	546.00	227.00	88.00	360.00	12.00	0.00	10.00
Investments	3,843.00	2,946.00	2,041.00	1,509.00	754.00	545.00	556.00
Other Assets	7,538.00	3,275.00	2,093.00	1,846.00	1,169.00	651.00	524.00
Total Assets	13,076.00	7,300.00	4,929.00	4,049.00	2,216.00	1,429.00	1,319.00

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Cash from Operating Activity	2,945.00	1,083.00	58.00	947.00	18.00	125.00	34.00
Cash from Investing Activity	-3,741.00	-1,677.00	-707.00	-1,553.00	-474.00	-32.00	-218.00
Cash from Financing Activity	1,671.00	779.00	636.00	597.00	437.00	-68.00	207.00
Net Cash Flow	874.00	185.00	-13.00	-9.00	-18.00	24.00	23.00
Free Cash Flow	2,160.00	749.00	-66.00	540.00	-51.00	118.00	30.00
CFO/OP %	270.00	268.00	34.00	271.00	24.00	190.00	127.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Debtor Days	48.00	60.00	111.00	60.00	145.00	107.00	53.00
Cash Conversion Cycle	48.00	60.00	111.00	60.00	145.00	107.00	53.00
Working Capital Days	-125.00	-108.00	-28.00	-88.00	58.00	13.00	71.00
ROCE %	22.00	13.00	18.00	19.00	13.00	11.00	—