Clean Max Enviro Energy Solutions Limited has informed the Exchange about Shareholders Letter dated Q3 FY2026
CLEANMAX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Clean Max Enviro, India's first listed C&I renewable energy company, shared a detailed quarterly update covering business model, capacity growth, and 3-year goals. Operational capacity nearly doubled to 3,509 MW as of March 1, 2026, with 6.45 GW total contracted capacity. Run-Rate EBITDA rose sharply from ₹950 Cr (Apr 2024) to ₹1,790 Cr (Mar 2026), while 9M FY26 PAT jumped 1,727% YoY to ₹402 million. The company targets 1.5 GW+ addition in FY2027 and is positioning as a key renewable energy partner for AI/data centre customers, which now make up 42% of contracted capacity. Management also disclosed key risks including expected 6-12 month curtailment at the Bikaner II CTU project, limited war-related supply chain delays, and ~1.5% EBITDA impact from proposed ToD tariff/banking norm changes.
Strong operational and financial momentum with clear growth visibility through 1.5 GW+ FY2027 target. Near-term watch items include CTU project curtailment, regulatory changes in state banking norms, and geopolitical supply chain disruptions, though management views all as manageable.