What is the share price of Clean Max Enviro Energy Solutions Ltd (CLEANMAX) today?
The share price of CLEANMAX as on 16th October 2026 is ₹1276. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.What is the return on Clean Max Enviro Energy Solutions Ltd (CLEANMAX) share?
The past returns of Clean Max Enviro Energy Solutions Ltd (CLEANMAX) share are- Past 1 week: -5.45%
- Past 1 month: -3.13%
- Past 3 months: -0.99%
- Past 6 months: 31.55%
- Past 1 year: 47.09%
- Past 3 years: N/A%
- Past 5 years: 47.09%
What are the peers or stocks similar to Clean Max Enviro Energy Solutions Ltd (CLEANMAX)?
The peers or stocks similar to Clean Max Enviro Energy Solutions Ltd (CLEANMAX) include:What is the market cap of Clean Max Enviro Energy Solutions Ltd (CLEANMAX) share?
Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Clean Max Enviro Energy Solutions Ltd (CLEANMAX) is ₹15006.47 Cr as of 16th October 2026.What is the 52 week high and low of Clean Max Enviro Energy Solutions Ltd (CLEANMAX) share?
The 52-week high of Clean Max Enviro Energy Solutions Ltd (CLEANMAX) is ₹1536 and the 52-week low is ₹727.10.What is the PE and PB ratio of Clean Max Enviro Energy Solutions Ltd (CLEANMAX) stock?
The P/E (price-to-earnings) ratio of Clean Max Enviro Energy Solutions Ltd (CLEANMAX) is 159.41. The P/B (price-to-book) ratio is 2.72.Which sector does Clean Max Enviro Energy Solutions Ltd (CLEANMAX) belong to?
Clean Max Enviro Energy Solutions Ltd (CLEANMAX) belongs to the Utilities sector & Renewable Energy sub-sector.How to buy Clean Max Enviro Energy Solutions Ltd (CLEANMAX) shares?
You can directly buy Clean Max Enviro Energy Solutions Ltd (CLEANMAX) shares on Tickertape. Simply sign up, connect your demat account and place your order.
Clean Max Enviro Energy Solutions Ltd
CLEANMAX Share Price
NSECLEANMAX Stock Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
AvgThe stock has a moderate number of red flags
How to use scorecard? Learn more
CLEANMAX Performance & Key Metrics
CLEANMAX Performance & Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 95.69 | 2.72 | — |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 24.68 | 2.72 | 1.30% |
from 10 analysts
Price Upside
Earnings Growth
Rev. Growth
CLEANMAX Company Profile
Clean Max Enviro Energy Solutions Ltd is an India-based renewable energy company operating 450+ MW of solar and wind farms across India, Middle East, and South-East Asia, providing turnkey clean power solutions to commercial and industrial customers under long-term power purchase agreements at rates cheaper than grid tariffs, serving sectors like automotive, education, pharmaceuticals, FMCG, and IT.
CLEANMAX Sentiment Analysis
CLEANMAX Sentiment Analysis
CLEANMAX Stock Summary · August 2026
Management struck an upbeat but disciplined tone, highlighting a sharp profitability rebound alongside continued scale-up in its renewable platform. Revenue from operations more than doubled year over year to INR832 crore, while PAT rose to INR55 crore, helped by stronger operating leverage, better EBITDA margins and lower interest costs. The company said it commissioned about 500 MW in the quarter, taking contracted capacity to roughly 6 GW, of which 3.5 GW is already operational, and reiterated confidence in at least 1.5 GW of new additions this year. Management emphasised that data and AI now accounts for 42% of contracted capacity and has become a major demand engine, while industrial green power volumes outside that segment have also doubled over the past two years. It also pointed to stable visibility from a 2.5 GW under-construction pipeline and improving financing conditions, including project borrowing costs falling to about 8.4% and an AA- rating upgrade. Near term, management said CTU curtailment at Bikaner should persist through the current financial year, but reiterated full-year capacity and EBITDA goals, including at least INR3,000 crore of EBITDA by FY28.
CLEANMAX Stock Growth Drivers
CLEANMAX Stock Growth Drivers
8Strong Profitability and Margin Expansion
The quarter showed a clear step-up in earnings quality, with profit after tax rising sharply
Rapid Capacity Buildout and Execution Momentum
Execution remained a major strength, with about 500 MW commissioned in the quarter and trailing-12-month
CLEANMAX Stock Challenges
CLEANMAX Stock Challenges
2Persistent Bikaner CTU Curtailment and Transmission Bottleneck
The company is facing severe curtailment at the Bikaner CTU project, currently around 70%, and
Execution Capacity Limits on Future Growth
Management’s comments indicate that future expansion is constrained by execution capacity, even after a period
CLEANMAX Forecast
CLEANMAX Forecasts
Price
Revenue
Earnings
CLEANMAX Share Price Forecast
CLEANMAX Share Price Forecast
All values in ₹
All values in ₹
CLEANMAX Company Revenue Forecast
CLEANMAX Company Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
CLEANMAX Stock EPS (Earnings Per Share) Forecast
CLEANMAX Stock EPS (Earnings Per Share) Forecast
All values in ₹
All values in ₹
CLEANMAX
CLEANMAX
Income
Balance Sheet
Cash Flow
CLEANMAX Income Statement
CLEANMAX Income Statement
| Quarter | dec 2024 | mar 2025 | jun 2025 | sep 2025 | dec 2025 | mar 2026 | jun 2026 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 409.36 | 499.52 | 411.24 | 558.11 | 466.59 | 641.96 | 874.58 | |||||||
| Operating & Other expenses | 189.42 | 188.74 | 136.73 | 195.15 | 159.32 | 289.85 | 411.24 | |||||||
| EBITDA | 219.94 | 310.78 | 274.51 | 362.96 | 307.27 | 352.11 | 463.34 | |||||||
| Depreciation/Amortization | 82.90 | 80.93 | 83.45 | 88.81 | 110.98 | 96.68 | 114.63 | |||||||
| PBIT | 137.04 | 229.85 | 191.06 | 274.15 | 196.29 | 255.43 | 348.71 | |||||||
| Interest & Other Items | 153.67 | 203.64 | 220.60 | 195.48 | 189.67 | 180.18 | 254.71 | |||||||
| PBT | -16.63 | 26.21 | -29.54 | 78.67 | 6.62 | 75.25 | 94.00 | |||||||
| Taxes & Other Items | -19.09 | 4.20 | -15.34 | 53.41 | -21.02 | 19.84 | 45.48 | |||||||
| Net Income | 2.46 | 22.01 | -14.20 | 25.26 | 27.64 | 55.41 | 48.52 | |||||||
| EPS | -59.24 | 2.27 | -1.40 | 2.49 | 2.70 | 5.31 | 4.14 |
CLEANMAX Company Updates
Investor Presentation
CLEANMAX Stock Peers
CLEANMAX Past Performance & Peer Comparison
CLEANMAX Past Performance & Peer Comparison
UtilitiesRenewable Energy
Valuation
Technical
Forecast
| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Clean Max Enviro Energy Solutions Ltd | 159.41 | 2.72 | — |
| Adani Green Energy Ltd | 129.82 | 7.18 | — |
| Ntpc Green Energy Ltd | 144.82 | 3.94 | — |
| NHPC Ltd | 19.06 | 1.48 | 2.25% |
CLEANMAX Stock Price Comparison
Compare CLEANMAX with any stock or ETFCLEANMAX Holdings
CLEANMAX Shareholdings
CLEANMAX Promoter Holdings Trend
CLEANMAX Promoter Holdings Trend
A significant proportion of promoter holdings is pledged
CLEANMAX Institutional Holdings Trend
CLEANMAX Institutional Holdings Trend
In last 3 months, retail holding in the company has almost stayed constant
In last 3 months, foreign institutional holding of the company has decreased by 18.59%
CLEANMAX Shareholding Pattern
CLEANMAX Shareholding Pattern
CLEANMAX Shareholding History
CLEANMAX Shareholding History
Mutual Funds Invested in CLEANMAX
Mutual Funds Invested in CLEANMAX
No mutual funds holding trends are available
Top 5 Mutual Funds holding Clean Max Enviro Energy Solutions Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
The rupee value of the stock held by the fund divided by the stock’s market cap 0.5044% | Percentage of the fund’s portfolio invested in the stock 6.94% | Change in the portfolio weight of the stock over the last 3 months 6.94% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 8/59 (+48) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 0.4854% | Percentage of the fund’s portfolio invested in the stock 0.20% | Change in the portfolio weight of the stock over the last 3 months 0.20% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 268/289 (+12) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 0.4476% | Percentage of the fund’s portfolio invested in the stock 2.38% | Change in the portfolio weight of the stock over the last 3 months -0.02% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 44/73 (+2) |
Compare 3-month MF holding change on Screener
smallcases containing CLEANMAX stock
smallcases containing CLEANMAX stock
Looks like this stock is not in any smallcase yet.
CLEANMAX Events
CLEANMAX Events
CLEANMAX Dividend Trend
CLEANMAX has not given any dividends in last 5 years
Dividends
Corp. Actions
Announcements
Legal Orders
CLEANMAX Dividend Trend
CLEANMAX has not given any dividends in last 5 years
CLEANMAX Dividends
CLEANMAX Dividends
CLEANMAX Stock News & Opinions
CLEANMAX Stock News & Opinions
Clean Max Enviro Energy Solutions Limited announced that Cleanmax Energy (Thailand) Company Limited and Cleanmax IHQ (Thailand) Company Limited, both wholly owned subsidiaries of Cleanmax Solar MENA FZCO (Dubai), have entered into a Share Purchase Agreement with Massmunch Company Limited and its promoters to acquire 100% of Massmunch Company Limited's share capital for a transaction value of Thai Baht 1,250,000, with the acquisition expected to be completed by October 31, 2026; following the acquisition, Massmunch Company Limited will become a step-down wholly owned subsidiary of Clean Max Enviro Energy Solutions Limited.
Clean Max Enviro Energy Solutions Limited, formerly Clean Max Enviro Energy Solutions Private Limited, submitted a certificate to the BSE Limited and the National Stock Exchange of India Ltd. on October 9, 2026, as per Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018, which was issued by MUFG Intime India Private Limited, formerly Link Intime India Private Limited, for the quarter ended September 30, 2026; MUFG Intime India Private Limited also confirmed that the regulation is not applicable to the company as all shares are held in demat form.
Clean Max Enviro Energy Solutions Limited announced the allotment of 53,336 equity shares, comprising 26,668 shares from the exercise of vested stock options and 26,668 bonus shares issued in a 1:1 ratio, under its Employee Stock Option Scheme 2015. The allotment, approved by the company's Stakeholders Relationship Committee on October 8, 2026, increased the paid-up share capital from Rs 11,75,52,200 to Rs 11,76,05,536, with the exercise price set at Rs 1 per option.
Clean Max Enviro Energy Solutions Limited, formerly known as Clean Max Enviro Energy Solutions Private Limited, announced that trading in the company's securities will be closed from October 1, 2026, until 48 hours after the declaration of financial results for the quarter and half-year ended September 30, 2026, for designated persons, their immediate relatives, and insiders, as per the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015.
Clean Max Enviro Energy Solutions Limited announced the allotment of green debt securities in the form of Senior, Secured, Rated, Listed Redeemable and Non- Convertible Debentures with a face value of INR 1,00,000 each, totaling INR 2,00,00,00,000 for Series A, INR 4,00,00,00,000 for Series B, INR 8,07,00,00,000 for Series C, INR 6,15,00,00,000 for Series D, and INR 4,78,00,00,000 for Series E, along with securities premium, approved by the Stakeholders’ Relationship Committee on September 28, 2026. The NCDs are proposed to be listed on the Wholesale Debt Market segment of the BSE Limited, with tenors ranging from 24 to 120 months, and coupon rates varying from 8.250% to 8.765% across the different series.
Clean Max Enviro Energy Solutions Limited announced the allotment of 2,830 equity shares, comprising 1,415 shares from the exercise of vested stock options and 1,415 bonus shares issued in a 1:1 ratio, under its Employee Stock Option Scheme 2015. The allotment, approved by the company's Stakeholders Relationship Committee on September 23, 2026, increased the paid-up share capital from Rs 11,75,49,370 to Rs 11,75,52,200, with the exercise price set at Rs 1 per option.
Clean Max Enviro Energy Solutions Limited announced the appointment of Vipin Balan as Head - Projects, effective September 21, 2026. The company also approved the sale of 2,600 shares each of its wholly owned subsidiaries, Clean Max Kyuu Private Limited to Strata Geosystems (India) Private Limited, Clean Max Roku Private Limited to Goodluck India Limited, and Clean Max Ilgohp Private Limited to Nuvoco Vistas Corporation Limited, for a consideration of Rs 26,000 per subsidiary.
Clean Max Enviro Energy Solutions Ltd. announced that CRISIL has assigned ratings to its instruments, including an AA/Stable rating for its Non-Convertible Debentures (NCDs) totaling Rs. 2,500 crore and a separate AA/Stable rating for its bank loan facilities. Additionally, CRISIL has assigned a rating of CRISIL AAA/Stable to the company’s proposed PTCs. The ratings reflect the company's strong financial profile and established position in the renewable energy sector. Further details regarding the rating rationale and the complete list of rated instruments can be found in the CRISIL report.
Clean Max Enviro Energy Solutions Limited announced the allotment of 46,978 equity shares, comprising 23,489 shares from the exercise of vested stock options and 23,489 bonus shares issued in a 1:1 ratio, under its Employee Stock Option Scheme 2015. The allotment, approved by the company’s Stakeholders Relationship Committee on September 3, 2026, increased the paid-up share capital from Rs 11,74,84,732 to Rs 11,75,31,710, with the exercise price set at Rs 1 per option.
Clean Max Enviro Energy Solutions Limited announced the allotment of 13,562 equity shares, comprising 6,781 shares from the exercise of vested stock options and 6,781 bonus shares issued in a 1:1 ratio, under its Employee Stock Option Scheme 2015. The allotment, approved by the company's Stakeholders Relationship Committee on August 21, 2026, increased the paid-up share capital from Rs 11,74,71,170 to Rs 11,74,84,732, with the exercise price set at Rs 1 per option.
Over the last 5 years, revenue has grown at a yearly rate of 26.71%, vs industry avg of 18.69%
Over the last 5 years, market share increased from 2.43% to 2.98%
Over the last 5 years, net income has grown at a yearly rate of 30.03%, vs industry avg of 12.66%