Clean Max Enviro Energy Solutions Ltd

Clean Max Enviro Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Clean Max Enviro Energy Solutions Ltd

₹ 868
02 Mar - close price
Company website BSE: 544717 NSE: CLEANMAX
About

The company is India’s largest Commercial & Industrial (C&I) renewable energy provider, with over 15 years of operating history.[1]

Key Points

Market Leadership[1][2]
CleanMax Enviro Energy Solutions is India’s largest C&I renewable energy provider with 2.80 GW operational capacity, 555 customers, and 8% market share in FY25 open access additions, leading geographically across states.

Website BSE NSE
  • Market Cap ₹ 10,157 Cr.
  • Current Price ₹ 868
  • High / Low ₹ 960 / 762
  • Stock P/E 280
  • Book Value ₹
  • Dividend Yield 0.00 %
  • ROCE 7.39 %
  • ROE 1.30 %
  • Face Value ₹ 1.00
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Pros

  • Debtor days have improved from 59.5 to 45.9 days.

Cons

  • Company has low interest coverage ratio.
  • Company has a low return on equity of 0.71% over last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

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Half Yearly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2024 Sep 2025
676 933
217 331
Operating Profit 459 601
OPM % 68% 64%
32 40
Interest 306 416
Depreciation 136 172
Profit before tax 50 53
Tax % 87% 64%
7 19
EPS in Rs 6.95 1.09
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
621 702 930 1,390 1,496
381 406 555 684 595
Operating Profit 240 295 375 706 901
OPM % 39% 42% 40% 51% 60%
15 9 -58 25 114
Interest 141 167 217 504 663
Depreciation 70 86 118 222 300
Profit before tax 44 52 -18 5 52
Tax % 42% 42% 239% 897% 77%
25 30 -59 -38 19
EPS in Rs 334.17 83.97 -179.97 -70.44 54.89
Dividend Payout % 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 29%
TTM: 8%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: -9%
TTM: 139%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: 2%
3 Years: 1%
Last Year: 1%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Sep 2025
Equity Capital 0.76 4 4 4 5 10
Reserves 50 1,257 1,207 1,829 2,558 2,657
1,341 1,605 3,971 5,570 8,087 10,308
1,240 862 1,691 1,465 2,374 3,971
Total Liabilities 2,632 3,728 6,873 8,869 13,025 16,946
2,031 2,149 2,929 6,649 8,060 9,557
CWIP 112 603 2,683 680 1,913 3,575
Investments 7 42 49 93 76 51
481 934 1,212 1,447 2,976 3,763
Total Assets 2,632 3,728 6,873 8,869 13,025 16,946

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
489 434 928 86 1,404
-510 -1,034 -3,011 -1,939 -3,606
45 582 2,144 1,789 2,481
Net Cash Flow 24 -17 61 -64 279

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 28 52 67 66 46
Inventory Days
Days Payable
Cash Conversion Cycle 28 52 67 66 46
Working Capital Days -169 -213 -473 -175 -432
ROCE % 10% 7% 8% 7%

Shareholding Pattern

Numbers in percentages

1 Recently
Mar 2026
49.48%
29.94%
15.29%
5.31%
No. of Shareholders 34,276

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

Announcements

Annual reports

No data available.

DRHP

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