CLEANMAX Share Price | Clean Max Enviro Energy Solutions Ltd Stock Analysis & Recommendation

Q: Are Clean Max Enviro Energy Solutions Ltd latest results good or bad?

Clean Max Enviro Energy Solutions Ltd's latest results present a mixed picture. On the positive side, the company reported a consolidated net profit of ₹55.42 crores for Q4 FY26, which is a remarkable 100.43% increase quarter-on-quarter and a staggering 2152.85% rise year-on-year. Revenue also saw strong growth, with net sales reaching ₹557.46 crores, reflecting a 31.96% increase from the previous quarter and a 49.16% increase year-on-year.However, there are significant concerns regarding the company's operating margins. The operating margin (excluding other income) dropped sharply from 62.29% in Q3 FY26 to 48.01% in Q4 FY26, indicating potential issues with cost management and pricing power. Additionally, a substantial portion of the profit before tax—58.60%—came from other income, raising questions about the sustainability and quality of the earnings.Overall, while the revenue growth and profit figures are impressive, the declining margins and reliance on non-operating income suggest that the results are not entirely positive. Investors should be cautious and consider these factors when evaluating the company's performance.

Q: Should I buy, sell or hold Clean Max Enviro Energy Solutions Ltd?

Based on the current performance and financial indicators of Clean Max Enviro Energy Solutions Ltd, it would be advisable to hold your position in the company. The company has shown healthy long-term growth potential, but recent results have been flat, with net sales and operating profit remaining stagnant at an annual growth rate of 0%. The latest quarterly results indicate a significant decline in profit after tax, down 34.2% compared to the previous four-quarter average, which raises concerns about its short-term performance.Additionally, the operating profit to interest ratio is at its lowest, indicating that the company may be facing challenges in managing its interest expenses effectively. The return on capital employed (ROCE) is relatively strong at 29.7%, but the valuation appears expensive with an enterprise value to capital employed ratio of 4.8.While the stock has generated a return over the past year, the substantial increase in profits by 157% may not be sustainable given the current flat sales and profit trends. Therefore, holding your investment while monitoring the company's performance and market conditions seems to be the most prudent approach at this time.

Mojo Score Change: Clean Max Enviro has changed its score on 05 Jun 2026. Click here to unlock latest mojo score!

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

21.21 lacs (1,596.95%) Volume

Shareholding (Mar 2026)

FII

29.80%

Held by 36 FIIs

DII

14.75%

Held by 13 DIIs

Promoter

49.48%

Why is Clean Max Enviro Energy Solutions Ltd falling/rising?

10-Jun-2026

As of 09-Jun, Clean Max Enviro Energy Solutions Ltd's stock price is rising, currently at 1,234.30, reflecting an increase of 19.8 points or 1.63%. The stock has outperformed the Sensex recently, showing strong upward trends supported by solid financial health, despite a slight decrease in investor participation.

View full answer

Which are the latest news on Clean Max Enviro?

09-Jun-2026

Clean Max Enviro Energy Solutions Ltd Technical Momentum Shifts to Mildly Bullish
Clean Max Enviro Energy Solutions Ltd is Rated Sell

Are Clean Max Enviro Energy Solutions Ltd latest results good or bad?

14-May-2026

Clean Max Enviro Energy Solutions Ltd's latest results show strong revenue and profit growth, with a net profit of ₹55.42 crores for Q4 FY26, but declining operating margins and high reliance on other income raise concerns about sustainability. Overall, the results are mixed, warranting caution from investors.

View full answer

Should I buy, sell or hold Clean Max Enviro Energy Solutions Ltd?

14-May-2026

When is the next results date for Clean Max Enviro Energy Solutions Ltd?

07-May-2026

The next results date for Clean Max Enviro Energy Solutions Ltd is 12 May 2026.

View full answer

Compare Clean Max Enviro with Similar Stocks

Nava JP Power Ven.CESC

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Dashboard

Flat results in Mar 26

PBT LESS OI(Q) At Rs 78.12 cr has Fallen at -54.5% (vs previous 4Q average)
PAT(Q) At Rs 124.49 cr has Fallen at -34.2% (vs previous 4Q average)
OPERATING PROFIT TO INTEREST (Q) Lowest at 1.67 times

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

Industry

Power

Market cap

INR 15,738 Cr (Mid Cap)

P/E

110.00

Industry P/E

Dividend Yield

0.00%

Debt Equity

0.13

Return on Equity

13.59%

Price to Book

2.54

Revenue and Profits:

Net Sales:

557 Cr

(Quarterly Results - Mar 2026)

Net Profit:

55 Cr

Total Returns

Total Returns (Price + Dividend)

Dividend Yield (0%)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

51.12%

6 Months

0.0%

1 Year

0.0%

2 Years

0.0%

3 Years

0.0%

4 Years

0.0%

5 Years

0.0%

Clean Max Enviro for the last several years.

Risk Adjusted Returns v/s

Returns Beta

Beta has not been calculated since enough price history is not available

News & Corporate Actions

News

Clean Max Enviro Energy Solutions Ltd Surges 7.15% to Day's High of Rs 1415 — Outperforms Sector by 7.97 Percentage Points

The Sensex climbed 0.67% on 10 Jun 2026, yet Clean Max Enviro Energy Solutions Ltd outpaced the broader market with a 7.15% gain, reaching a fresh 52-week and all-time high of Rs 1415. This 7.97 percentage-point outperformance over its Power sector peers signals a distinctly stock-specific rally rather than a market-wide lift.

Read full news article

Broad-Based Technical Strength Lifts Clean Max Enviro Energy Solutions Ltd to 52-Week High of Rs 1415

With a decisive surge to Rs 1415 on 10 Jun 2026, Clean Max Enviro Energy Solutions Ltd has reached a fresh 52-week and all-time high, propelled by a confluence of strong technical indicators and sustained price momentum.

Read full news article

Clean Max Enviro Energy Solutions Ltd Technical Momentum Shifts to Mildly Bullish

Clean Max Enviro Energy Solutions Ltd has recently exhibited a notable shift in its technical momentum, moving from a mildly bearish stance to a mildly bullish trend. Despite a slight dip in the daily price, key technical indicators such as MACD, RSI, and moving averages suggest improving market sentiment for this mid-cap power sector stock.

Read full news article

Announcements

Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

05-Jun-2026 | Source : BSE

Allotment of 13326 equity shares under Clean Max Enviro Energy Solutions Limited Employee Stock Option Scheme 2015 as amended

Disclosure Under Regulation 30 Read With Schedule III Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015

05-Jun-2026 | Source : BSE

Intimation for issuance of Corporate Guarantee

Announcement under Regulation 30 (LODR)-Press Release / Media Release

03-Jun-2026 | Source : BSE

Press Release titled Cleanmax & Gujarat Alkalies and Chemicals Limited partner to accelerate Industrial Decarbonisation through 75.90 MW Wind and 84.34 MWp Solar Power Project in Gujarat to be issued by Clean Max Enviro Energy Solutions Limited

Corporate Actions

BOARD MEETING

No Upcoming Board Meetings

DIVIDEND

No Dividend history available

SPLITS

No Splits history available

BONUS

No Bonus history available

RIGHTS

No Rights history available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

EBIT Growth (5y)

EBIT to Interest (avg)

2.54

Debt to EBITDA (avg)

1.96

Net Debt to Equity (avg)

Sales to Capital Employed (avg)

0.77

Tax Ratio

26.15%

Dividend Payout Ratio

Pledged Shares

20.02%

Institutional Holding

44.55%

ROCE (avg)

16.53%

ROE (avg)

Valuation key factors

Factor

Value

P/E Ratio

110

Industry P/E

Price to Book Value

2.54

EV to EBIT

14.31

EV to EBITDA

13.66

EV to Capital Employed

2.37

EV to Sales

2.51

PEG Ratio

Dividend Yield

ROCE (Latest)

16.53%

ROE (Latest)

13.59%

Technicals key factors

Indicator

Weekly

Monthly

MACD

RSI

No Signal

Bollinger Bands

KST

Dow Theory

Mildly Bullish

OBV

Bullish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Mar 2026

Shareholding Compare (%holding)

Majority shareholders

Promoters

Pledged Promoter Holdings

20.0202

Mutual Funds

Held by 8 Schemes (2.26%)

FIIs

Held by 36 FIIs (29.8%)

Promoter with highest holding

Bgtf One Holdings (difc) Limited (21.31%)

Highest Public shareholder

Augment India I Holding Llc (9.52%)

Individual Investors Holdings

3.32%

Financial

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          "val1": "135.81",
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          "val2": "353.18",
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          "val1": "233.45",
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          "val1": "642.86",
          "val2": "204.54",
          "chgp": "214.30%",
          "chgp_class": "positive"
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        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "21.36%",
          "val2": "14.19%",
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Quarterly Results Snapshot (Standalone) - Mar'26 - QoQ

Mar'26

Dec'25

Change(%)

Net Sales

1,896.61

1,521.01

24.69%

Operating Profit (PBDIT) excl Other Income

227.36

375.42

-39.44%

Interest

135.81

95.02

42.93%

Exceptional Items

0.00

Standalone Net Profit

124.49

270.28

-53.94%

Operating Profit Margin (Excl OI)

11.99%

24.68%

-12.69%

Values in Rs Cr.

Compare with Peers

Net Sales

QoQ Growth in quarter ended Mar 2026 is 24.69% vs 4.34% in Dec 2025

Standalone Net Profit

QoQ Growth in quarter ended Mar 2026 is -53.94% vs 13.07% in Dec 2025

All Quarterly Results

Half Yearly Results Snapshot (Standalone) - Sep'25

Sep'25

Sep'24

Change(%)

Net Sales

2,585.67

591.90

336.84%

Operating Profit (PBDIT) excl Other Income

501.71

125.82

298.75%

Interest

138.43

82.81

67.17%

Exceptional Items

0.00

Standalone Net Profit

372.58

80.05

365.43%

Operating Profit Margin (Excl OI)

19.40%

21.26%

-1.86%

Values in Rs Cr.

Compare with Peers

Net Sales

Not Applicable: The company has declared_date for only one period

Standalone Net Profit

Not Applicable: The company has declared_date for only one period

All Half Yearly Results

Nine Monthly Results Snapshot (Standalone) - Dec'25

Dec'25

Mar'26

Change(%)

Net Sales

4,106.68

2,488.51

65.03%

Operating Profit (PBDIT) excl Other Income

877.13

353.18

148.35%

Interest

233.45

218.62

6.78%

Exceptional Items

0.00

Standalone Net Profit

642.86

204.54

214.30%

Operating Profit Margin (Excl OI)

21.36%

14.19%

7.17%

Values in Rs Cr.

Compare with Peers

Net Sales

Not Applicable: The company has declared_date for only one period

Standalone Net Profit

Not Applicable: The company has declared_date for only one period

All Nine Monthly Results

Annual Results Snapshot (Standalone) - Mar'26

Mar'26

Mar'25

Change(%)

Net Sales

6,003.29

2,270.36

164.42%

Operating Profit (PBDIT) excl Other Income

1,104.49

429.46

157.18%

Interest

369.25

190.28

94.06%

Exceptional Items

0.00

Standalone Net Profit

767.35

298.13

157.39%

Operating Profit Margin (Excl OI)

18.40%

18.92%

-0.52%

Values in Rs Cr.

Compare with Peers

Net Sales

YoY Growth in year ended Mar 2026 is 164.42% vs 7.78% in Mar 2025

Standalone Net Profit

YoY Growth in year ended Mar 2026 is 157.39% vs 5.57% in Mar 2025

All Annual Results

Company CV

About Clean Max Enviro Energy Solutions Ltd

Clean Max Enviro Energy Solutions Ltd

Mid Cap

Power

Clean Max Enviro Energy Solutions Limited was originally incorporated as `Clean Max Enviro Energy Solutions Private Limited' at Mumbai, Maharashtra as a private Company dated September 29, 2010 with the Registrar of Companies, Mumbai. Subsequently, name of the Company was changed to `Clean Max Enviro Energy Solutions Limited'. A fresh Certificate of Incorporation dated August 7, 2025 was issued by the Registrar of Companies, Maharashtra at Mumbai.

Company Coordinates

No Company Details Available