Clean Max Enviro Energy Solutions Limited has informed the Exchange regarding a press release dated 17 March 2026
CLEANMAX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
CleanMax reported a strong 9M FY26 performance with revenue rising 29% YoY to INR 1,355 crore and EBITDA up 33% to INR 945 crore. Q3 FY26 EBITDA grew 40% YoY to INR 307 crore, and PAT surged from INR 2 crore to INR 40 crore for 9M FY26. The company added 1.3 GW of new renewable energy capacity in 11 months, reaching 3.0 GW operational and 5.7 GW contracted capacity, with 2.7 GW more expected to be commissioned within 24 months. EBITDA margins improved from 81% to 83% in power sales and 15% to 22% in RE services, while the data/AI sector now accounts for 42% of contracted capacity. The company also announced a partnership with Osaka Gas (CleanMax retains 51% stake) for capital-efficient growth and appointed ex-SBI Chairman DK Khara as Independent Director.
Strong operational and financial results with margin expansion, robust capacity addition pipeline, and falling cost of borrowing (9.2% to 8.9%) signal healthy growth momentum. The disclosed commissioning guidance of over 1.5 GW for FY27 and growing data/AI demand provide positive visibility, likely supportive of the stock price.