Clean Max Enviro Energy Solutions Ltd
Clean Max Enviro Energy Solutions Q3 FY26 earnings call: Revenue & Margins
Q3 FY26 earnings call: what management said on revenue, margins and capex.
Guidance rank: #4 of 24 in Power
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The short version
Clean Max Enviro Energy Solutions expects to add about 1.5 GW of renewable energy (RE) power sales capacity in the fiscal year 2026-27, up from 1.3 GW added in the current fiscal year. Clean Max Enviro Energy Solutions Limited expects strong growth in earnings driven by capacity additions and efficient operations.
From Clean Max Enviro Energy Solutions Ltd's Q3 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- Clean Max Enviro Energy Solutions expects to add about 1.5 GW of renewable energy (RE) power sales capacity in the fiscal year 2026-27, up from 1.3 GW added in the current fiscal year.
- Long-term contracted capacity has grown 3x in under two years, from 1.7 GW in March 2024 to 5.7 GW as of March 2026, indicating strong volume growth.
- Revenue grew 29% year-over-year to INR 13,554 million in the first nine months and EBITDA grew 33%, reflecting strong financial growth.
- EBITDA margins improved from 75% to 83% in RE power sales, showing operating leverage benefits.
- RE services segment saw 40% revenue growth with margin expansion from 15% to 22%.
2 more points from Clean Max Enviro Energy Solutions Ltd's call on revenue
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Profitability & Margins
See what Clean Max Enviro Energy Solutions Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Clean Max Enviro Energy Solutions Limited plans to build about 400 MW or more through a joint venture with Osaka Gas over three years.
- In Q3 FY26, they received an equity contribution of INR 176 crores from Osaka Gas for their 49% stake in this JV.
- There is a significant ongoing capacity addition with 2.7 GW contracted and under execution as of March 1, 2026.
- For FY 26-27, management guides capacity addition of upwards of 1.5 GW of RE power sales.
- Land acquisition for next fiscal’s capacity addition is 70%-80% complete, with construction underway.
2 more points from Clean Max Enviro Energy Solutions Ltd's call on capex
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Top-ranked in Power
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Clean Max Enviro Energy Solutions Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- CleanMax has about 2.7 GW of contracted capacity with signed Power Purchase Agreements (PPAs) under execution as of March 1, 2026.
- Firm transmission evacuation capacity available but not yet contracted with customers stands at 3.1 GW.
- An additional 1.6 GW of evacuation capacity has been applied for.
2 more points from Clean Max Enviro Energy Solutions Ltd's call on order book
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Clean Max Enviro Energy Solutions Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest (Q4 FY26): revenue ₹557 Cr, net profit ₹45 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What Clean Max Enviro Energy Solutions Ltd's management said in earlier quarters
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Potential multibaggers · Q2 FY27
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on management's own guidance
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
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Frequently Asked Questions
What were Clean Max Enviro Energy Solutions Ltd Q3 FY26 results?
Clean Max Enviro Energy Solutions expects to add about 1.5 GW of renewable energy (RE) power sales capacity in the fiscal year 2026-27, up from 1.3 GW added in the current fiscal year. Clean Max Enviro Energy Solutions Limited expects strong growth in earnings driven by capacity additions and efficient operations.
What is Clean Max Enviro Energy Solutions Ltd share price analysis?
Clean Max Enviro Energy Solutions Ltd currently shows a neutral. The stock trades at a P/E of 103.2 with a market cap of ₹16,193 Cr. Investors should review the full earnings analysis for detailed insights.
Is Clean Max Enviro Energy Solutions Ltd planning capital expenditure?
Clean Max Enviro Energy Solutions Limited plans to build about 400 MW or more through a joint venture with Osaka Gas over three years.
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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.