Classified under the Auto Components industry, the company is shifting toward lithium-ion battery and energy storage systems. This is reflected in the July 2026 appointment of a Whole-time Director with over 7 years of experience in lithium-ion battery development across mobility, energy storage, telecom and EV applications, including work on what the filing describes as India's largest 150kWh tipper battery system. Revenue in FY26 was Rs 346.51 crore, with year-on-year revenue growth of 58% as reported in the audited results. The company has expanded its group structure by setting up a 51%-owned subsidiary CLN GREEN Private Limited, a wholly-owned UAE subsidiary CLN GREEN GENERAL TRADING LLC, and acquired Electrovault Power Private Limited as an associate. Materials are the dominant cost at 79.7% of revenue, with employee cost at 3.7% and other operating expenses at 5.5%, and capital expenditure of 0.9% of revenue. The company is raising funds through a preferential allotment of 2,50,000 equity shares at Rs 423 per share to promoter-group entity CLN Energy PTE Limited, with proceeds intended to help meet the Rs 10 crore FDI threshold required for UP Government leasehold land. Bank facilities total about Rs 55 crore, comprising Rs 40 crore from HDFC Bank and Rs 15 crore from ICICI Bank, with a credit rating upgrade from CARE in July 2026. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Auto Components, Lithium-ion batteries and energy storage systems. Small-cap auto components manufacturer pivoting toward lithium-ion batteries and energy storage
| ₹ crore · consolidated | FY26 |
|---|---|
| Revenue | 347 |
| EBITDA (ex other income) | — |
| margin % | — |
| Owners' profit | — |
| EPS, as reported (₹) | 25.23 |
| ROE % · ROCE % | — · 30.6 |
| Debt / equity (x) | — |
| Cash from operations | (49) |
| Capex | (3) |
| ₹ crore | Q2 FY26 | Q4 FY26 |
|---|---|---|
| Revenue | 152 | 195 |
| Profit before tax | 11 | 17 |
| Net profit | — | — |
| EPS (₹) | 8.12 | 11.35 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| SAMVRDHNA MTHRSN INTL LTD | 1,73,567 | 39.6 | 3.98 | 15.4 | 9.4 | 8.2 | 17.1 | 9.0 |
| BOSCH LIMITED | 1,42,736 | 60.4 | 9.61 | 35.1 | 18.7 | 24.1 | 15.6 | 17.9 |
| BHARAT FORGE LTD | 92,992 | 131.7 | 9.73 | 33.3 | 11.4 | 13.2 | 21.6 | 8.8 |
| UNO MINDA LIMITED | 69,386 | 57.6 | 9.56 | 31.7 | 17.7 | 15.7 | 25.3 | 10.4 |
| SCHAEFFLER INDIA LIMITED | 61,739 | 49.3 | 10.04 | — | 10.4 | 14.1 | — | 19.4 |
| TUBE INVEST OF INDIA LTD | 50,454 | 83.1 | 3.55 | 19.5 | 7.9 | 12.4 | 30.3 | 10.6 |
| SONA BLW PRECISION FRGS L | 49,016 | 70.4 | 7.99 | 42.6 | 10.3 | 12.9 | — | 25.1 |
| ENDURANCE TECHNO. LTD. | 37,964 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 2 Sept 2026 · Notice of 7th Annual General Meeting | compliance | minimal | — | — |
| 1 Sept 2026 · Book Closure for 7th AGM on September 25, 2026 | board shareholder meetings | low | — | — |
| 1 Sept 2026 · Annual Report FY 2025-26 and 7th AGM Notice - September 25, 2026 | board shareholder meetings | medium | — | — |
| 1 Sept 2026 · CLN Energy 7th AGM on Sep 25, 2026; 7 resolutions on agenda | board shareholder meetings | low | — | — |
| 27 Aug 2026 · Board approves Rs 10 Cr Dubai subsidiary investment, borrowing limit hike | board shareholder meetings | low | — | — |
| 30 Jul 2026 · Credit rating upgraded to BBB Stable and A3 plus by CARE | credit debt | medium | — | — |
| 27 Jul 2026 · Authorized capital raised from Rs.12 cr to Rs.12.3 cr via postal ballot | corporate actions | medium | — | — |
| 27 Jul 2026 · CLN Energy: Both postal ballot resolutions passed with 100 percent approval | compliance | low | — | — |
| 23 Jul 2026 · Postal ballot voting closed; promoter preferential issue and capital hike up for approval | board shareholder meetings | medium | — | — |
| 22 Jul 2026 · Corrigendum to postal ballot notice on preferential share issue | compliance | minimal | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| 39.1 |
| 5.55 |
| 18.6 |
| 13.9 |
| 15.6 |
| 17.4 |
| 13.2 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 23.4 | 26.7 | 54 of 123 | 57% |
| ROCE | 23.6 | 12.6 | 18 of 125 | 86% |
| Market cap | 480 | 1542 | 82 of 125 | 35% |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.