Leading the Transition, Scaling with Trust

Tune in for the Q2 FY27 Earnings Call

Q2 FY27 Performance & Business Update with Management

4th Nov

2:00PM IST

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INVESTORS DESK

Access Our Financial Disclosures

CleanMax Reports Strong Q1 FY27 with 74% YoY Adj. EBITDA Growth; RE Power Sales Contracted Portfolio Reaches 6 GW

Key Metrics

Quarterly performance across revenue, profitability, and operational efficiency — FY 2025 to FY 2026.

Revenue from Operations (INR Mn)

Q1FY26 4,023

Q1FY27 8,332

↑ 107% YOY

3,582

413

Q1FY26

5,283

3,001

Q1FY27

Gross Margin	Q1FY26	Q1FY27
RE power Sales	93.7%	92.1%
RE Services	9.9%	15.7% ↑

Adjusted EBITDA & Margin (INR Mn)

Q1FY26 2,389

Q1FY27 4,940

↑ 74% YOY

2,803

Q1FY26

4,604

336

Q1FY27

Gross Margin	Q1FY26	Q1FY27
RE power Sales	76.4%	83.7% ↑
RE Services	8.7%	11.2% ↑

Reported PAT (INR Mn)

Q1FY26 (166)

Q1FY27 552

-166

Q1FY26

552

Q1FY27

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Stocks Chart

NIFTY 500 COMPOSITE

₹

24,836

pts

↗ +12.4%

vs prior year

Clean Max Enviro Energy Solutions Limited

(formerly known as Clean Max Enviro Energy Solutions Private Limited)

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▲

Nifty

84.2%

▲

NSE

84.2%

▲

BSE

84.2%

Data source: Not connected · Illustrative figures only

Company Fundamentals

15+

years since inception

81%

customers - rated AA/AAA or MNC subsidiaries.

42%

contracted capacity - Data & AI customers

593

C&I customers

Our solutions

Clean Energy  Meets Smart Design

Choose from solutions that work with your business infrastructure, goals, and pace of change

Offsite

Our offsite solutions support continuous operations with solar, wind, and battery storage for clean energy. We customise the mix to meet base load, reduce grid use, and support long-term cost stability.

Explore Offsite

On-site Solar

We make your idle roof space, land, and car park into solar power plants. With custom-engineered installations at your premises, we help cut energy costs and emissions for smooth integration with your existing infrastructure.

Explore On-site

Carbon

Our end-to-end carbon solutions help you reach the Net-Zero finish line. Our offerings include full stack carbon solutions like vPPAs, Environmental Attribute Certificates and beyond.

Explore Carbon

Leadership

MD & CFO

Mr. Kuldeep Jain, a visionary leader and the driving force behind CleanMax, has fundamentally transformed the sustainability landscape in Asia, accelerating the decarbonization journey for progressive industries. He founded CleanMax with a vision to lead the transition to clean energy in the commercial and industrial...

Kuldeep Jain

Founder and Managing Director

Nikunj Ghodawat is the Chief Financial Officer of our Company. He is responsible for overseeing debt and equity financing, mergers and acquisitions, financial strategy, accounting & control, joint ventures & other investor relationships and the overall financial performance of the Company. His responsibilities also encompass budgeting...

Nikunj Ghodawat

Chief Financial Officer

DRIVEN BY PURPOSE

ESG: Building a Responsible Energy Future

Building a Responsible Energy Future

CleanMax follows a strategic approach to environmental care, focusing on climate change action, energy efficiency, responsible water use, waste reduction, and protecting biodiversity. Our main goal is to minimize ecological impact across all our operations and supply chain, while driving the shift to clean energy through sustainable infrastructure.

ESG Report

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Clean Max Enviro Energy Solutions Limited
(formerly known as Clean Max Enviro Energy Solutions Private Limited)

Clean Max Enviro Energy Solutions Limited

CIN - L93090MH2010PLC208425

+91 22 26593535

Info@cleanmax.com

Investor Relations or Institutional Investors and Research Analyst

+91 22 62520000

investor.relations@cleanmax.com

raval.mistry@cleanmax.com

Queries or Investor Grievances

Mr. Ullash Parida

grievance@cleanmax.com

Company Secretary and Compliance Officer

Mr. Ullash Parida

+91 22 62520000

ullash.parida@cleanmax.com

Debenture trustees

Mr. Krunal Shah
Vistra ITCL (India) Limited - 6th Floor, The IL&FS Financial Centre, Plot No. C–22, G-Block, Bandra Kurla Complex, Bandra (East), Mumbai - 400051

+91 22 26593535

Registered & Head Office:
4th Floor, The International, 16 Maharshi Karve Road, New Marines Lines, Cross Road No. 1, Churchgate, Mumbai - 400 020
Maharashtra, India