| Revenue growth | Q2 +37% YoY; H1 +67% YoY |
|---|---|
| Margins | RE Power adj EBITDA margin 83.98% H1FY27 vs 82.57% |
| Order book | Contracted yet-to-execute capacity 2,632 MW as of Sep-26 |
| Demand visibility | 2.6 GW contracted under execution; min 1.5 GW FY27 commissioning |
Growth
Q2 revenue +37% YoY, adjusted EBITDA +43%, PAT +82%. H1 revenue +67%, adjusted EBITDA +56%, PAT 6.3x.
Outlook
Min 1,500 MW RE Power commissioning in FY27; FY28 reported EBITDA min ₹3,000 Cr; steady-state net debt ₹16,000 Cr.
Risks
Bikaner-II CTU curtailment averaged 48% in Q2; RE Services margins compressed; net debt rose to ₹13,838 Cr.
Investor Presentation filed with BSE, NSE: CLEANMAX. Summary written with AI assistance from the document.
Clean Max Enviro Energy Solutions Ltd: key numbers
- Share price
- ₹1,249.10
- Market cap
- ₹14,691 Cr
- Revenue (annual)
- ₹1,913 Cr
- Net profit (annual)
- ₹94.13 Cr
- P/E (TTM)
- 82.2×Sector 21.8×
- Promoter holding
- 49.28%-0.14% QoQ
- FII holding
- 13.87%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Clean Max Enviro Energy Solutions Ltd
All →Clean Max Enviro Energy Solutions Merger & Restructuring Worth ₹2.1 Cr
Clean Max Enviro will incorporate a wholly owned IFSC subsidiary for Global Treasury Centre activities. It will subscribe 21,00,000 shares for ₹2.10 Crore in cash.
- Value
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Clean Max Enviro Energy Solutions Earnings Call Transcript: Key Takeaways
Clean Max delivered a robust H1 FY27 with 67% revenue growth, fueled by surging AI data center demand and aggressive 600 MW capacity commissioning despite significant grid curtailment at Bikaner.
Clean Max Enviro Energy Solutions Debt & Borrowing: ₹3,000 Cr
Clean Max board approved raising up to ₹3,000 crore via listed debt securities. Tenure, coupon and allotment will be set by delegated committees.
- Value
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Clean Max Enviro Energy Solutions Business Update
CleanMax's Q2 FY27 shareholders' letter reports H1 Adjusted EBITDA up 56% to ₹1,047 crore. It also highlights a 13.2 GW platform and capital raising progress.
Clean Max Enviro Energy Solutions Other Announcement
Clean Max filed its quarterly IPO proceeds statement and CARE monitoring agency report for the quarter ended September 2026. No deviation from offer objects was reported.
Clean Max Enviro Energy Solutions Results Update
CleanMax reported H1 FY27 PAT of ₹120 crore, up six-fold, with Q2 revenue up 37% to ₹728 crore. The results press release reflects strong renewable capacity growth.