Clean Max Enviro Energy Solutions Q4 FY 2026 financial and operational performance.
Clean Max Enviro Energy Solutions Limited, India’s largest renewable energy provider for the Commercial & Industrial segment, today, announced its financial and operational performance for the quarter (Q4 FY2026) and financial year (FY2025–26).
Financial Performance FY2025-26: Key Details
Revenue from Operations stood at ₹1,913 Cr, compared to ₹1,496 Cr in FY2024-25; 28% growth compared to the prior period
EBITDA increased by 28% year-on-year to INR 1,295 Cr from INR 1,015 Cr in FY2024-25.
The Company has recognised an FX gain of ₹70 Cr in Other Income and a corresponding FX loss of ₹63 Cr in Other Expenses, arising from the depreciation of the Indian Rupee.
Reported Profit After Tax (PAT) surged 4.4x to ₹85.6 crore compared to ₹19.4 crore in FY2024-25.
Q4 FY2026 Financial Performance
Capacity and Portfolio: Key Highlights
CleanMax’s contracted RE Power Sales portfolio reached ~5.7 GW as of March 31, 2026.
Commissioned ~1.4 GW of RE Power Sales capacity during FY2025–26
Operational RE Power Sales capacity grew nearly 80% year-on-year to ~3.1 GW as of March 31, 2026, from ~1.7 GW a year earlier.
Contracted yet-to-be-executed RE Power Sales capacity stood at ~2.6 GW as of March 31, 2026
Including the RE Services business, the total contracted portfolio reached ~6.5 GW.
Other Updates
Customer quality remained strong, with over 95 percent of clients A-rated or higher, while the weighted-average Power Purchase Agreement (PPA) tenor remained at ~23 years, supporting long-term revenue visibility.
Financing and capital efficiency metrics continued to strengthen during FY2025-26, supported by lower borrowing costs, disciplined leverage, and efficient capital deployment across projects.
Strategic partnerships also continued to support growth in a capital-efficient manner during the year.
Company Overview & Others
Overview: Clean Max Enviro Energy Solutions Ltd (NSE: CLEANMAX), (BSE: 544717) is India’s largest pureplay Commercial & Industrial (C&I) renewable energy company with more than 15 years of operations. The Company planned an IPO in February 2026.
Market Cap: Clean Max has a total market capitalization of ₹16,000 crore as of May 14, 2026, according to the NSE data.
Technical: The stock is currently trading above its 20-day simple moving averages (SMAs).
Price Performance: The company’s shares have been trading 54% higher over the last month.
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