CLEANMAX
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Clean Max Enviro Energy Solutions March-Quarter Consol PAT 454 Million Rupees
May 12 (Reuters) - Clean Max Enviro Energy Solutions Ltd CLEM.NS:
MARCH-QUARTER CONSOL PAT 454 MILLION RUPEES
MARCH-QUARTER CONSOL TOTAL REVENUE FROM OPERATIONS 5.57 BILLION RUPEES
Source text: ID:nBSE6s3sZp
Further company coverage: CLEM.NS
May 12 (Reuters) - Clean Max Enviro Energy Solutions Ltd CLEM.NS:
MARCH-QUARTER CONSOL PAT 454 MILLION RUPEES
MARCH-QUARTER CONSOL TOTAL REVENUE FROM OPERATIONS 5.57 BILLION RUPEES
Source text: ID:nBSE6s3sZp
Further company coverage: CLEM.NS
Clean Max Enviro Energy Solutions Ltd Says Apple And Cleanmax Partner To Boost Renewable Energy In India With About 1 Billion Rupees Investment
May 7 (Reuters) - Apple Inc AAPL.O:
CLEAN MAX ENVIRO ENERGY SOLUTIONS LTD - APPLE AND CLEANMAX PARTNER TO BOOST RENEWABLE ENERGY IN INDIA WITH ABOUT 1 BILLION RUPEES INVESTMENT
Source text: ID:nBSE7h5vYc
Further company coverage: AAPL.O
May 7 (Reuters) - Apple Inc AAPL.O:
CLEAN MAX ENVIRO ENERGY SOLUTIONS LTD - APPLE AND CLEANMAX PARTNER TO BOOST RENEWABLE ENERGY IN INDIA WITH ABOUT 1 BILLION RUPEES INVESTMENT
Source text: ID:nBSE7h5vYc
Further company coverage: AAPL.O
Clean Max Enviro Energy Solutions Gets Tax Demand Of 67.8 Million Rupees
April 28 (Reuters) - Clean Max Enviro Energy Solutions Ltd CLEM.NS:
CLEAN MAX ENVIRO ENERGY SOLUTIONS LTD - GETS TAX DEMAND OF 67.8 MILLION RUPEES
Source text: [ID:]
Further company coverage: CLEM.NS
April 28 (Reuters) - Clean Max Enviro Energy Solutions Ltd CLEM.NS:
CLEAN MAX ENVIRO ENERGY SOLUTIONS LTD - GETS TAX DEMAND OF 67.8 MILLION RUPEES
Source text: [ID:]
Further company coverage: CLEM.NS
JP Morgan starts India's Clean Max Enviro Energy at 'overweight'
** J.P. Morgan starts coverage of Clean Max Enviro Energy CLEM.NS with an "overweight" rating and PT of 1,250 rupees
** PT implies about 18% upside to stock's current price of 1,065.20 rupees
** Brokerage sees CLEM as a rare pure-play commercial and industrial renewable power player in India
** Highlights ~42% of portfolio contracted to commercial and industrial customers, driving higher growth versus utilities
** Notes execution and capital intensity risks, but says scale and customer stickiness underpin earnings visibility
** Long-term contracts and strong pipeline expected to support ~36% revenue CAGR in FY23-25
** Stock up ~21% since trading debut
(Reporting by Kashish Tandon in Bengaluru)
** J.P. Morgan starts coverage of Clean Max Enviro Energy CLEM.NS with an "overweight" rating and PT of 1,250 rupees
** PT implies about 18% upside to stock's current price of 1,065.20 rupees
** Brokerage sees CLEM as a rare pure-play commercial and industrial renewable power player in India
** Highlights ~42% of portfolio contracted to commercial and industrial customers, driving higher growth versus utilities
** Notes execution and capital intensity risks, but says scale and customer stickiness underpin earnings visibility
** Long-term contracts and strong pipeline expected to support ~36% revenue CAGR in FY23-25
** Stock up ~21% since trading debut
(Reporting by Kashish Tandon in Bengaluru)
Clean Max Enviro Energy Solutions To Supply Hybrid Renewable Power To Shell's LNG Terminal And Technology Centre In India
April 21 (Reuters) - Clean Max Enviro Energy Solutions Ltd CLEM.NS:
TO SUPPLY HYBRID RENEWABLE POWER TO SHELL'S LNG TERMINAL AND TECHNOLOGY CENTRE IN INDIA
Source text: ID:nBSE5457DJ
Further company coverage: CLEM.NS
April 21 (Reuters) - Clean Max Enviro Energy Solutions Ltd CLEM.NS:
TO SUPPLY HYBRID RENEWABLE POWER TO SHELL'S LNG TERMINAL AND TECHNOLOGY CENTRE IN INDIA
Source text: ID:nBSE5457DJ
Further company coverage: CLEM.NS
Clean Max Enviro Energy Solutions Partners With Sangam India
April 15 (Reuters) - Clean Max Enviro Energy Solutions Ltd CLEM.NS:
PARTNERS WITH SANGAM INDIA FOR 30 MWP SOLAR AND 20 MW WIND HYBRID RENEWABLE PROJECT
Source text: ID:nBSE4Rn76y
Further company coverage: CLEM.NS
April 15 (Reuters) - Clean Max Enviro Energy Solutions Ltd CLEM.NS:
PARTNERS WITH SANGAM INDIA FOR 30 MWP SOLAR AND 20 MW WIND HYBRID RENEWABLE PROJECT
Source text: ID:nBSE4Rn76y
Further company coverage: CLEM.NS
India's Clean Max model 'difficult to replicate', says HSBC; shares rise
** Clean Max Enviro Energy Solutions CLEM.NS shares rise 2.2% to 881 rupees
** HSBC initiates coverage with "buy" rating, PT at 1,150 rupees, implying about 34% upside to last close
** Bank highlights renewable power firm's "difficult to replicate" business model built on client-first culture, repeat customers, ownership mindset, industry experience, wide geographical coverage, and ability to invest upfront capital
** CLEM focus on long-term contracts creates strong earnings visibility over the next 20-25 years - HSBC
** Notes strong Indian govt backing, CLEM's ability to build scalable renewable energy tech at competitive rates
** New business from repeat customers to help CLEM grow without deterioration in customer credit quality - HSBC
** CLEM down nearly 8% since debut in March
(Reporting by Pranav Kashyap in Bengaluru)
((pranav.kashyap@tr.com; +919886482111;))
** Clean Max Enviro Energy Solutions CLEM.NS shares rise 2.2% to 881 rupees
** HSBC initiates coverage with "buy" rating, PT at 1,150 rupees, implying about 34% upside to last close
** Bank highlights renewable power firm's "difficult to replicate" business model built on client-first culture, repeat customers, ownership mindset, industry experience, wide geographical coverage, and ability to invest upfront capital
** CLEM focus on long-term contracts creates strong earnings visibility over the next 20-25 years - HSBC
** Notes strong Indian govt backing, CLEM's ability to build scalable renewable energy tech at competitive rates
** New business from repeat customers to help CLEM grow without deterioration in customer credit quality - HSBC
** CLEM down nearly 8% since debut in March
(Reporting by Pranav Kashyap in Bengaluru)
((pranav.kashyap@tr.com; +919886482111;))
Clean Max Enviro Energy Solutions Commissions 185 MW Wind-Solar Hybrid Project In Kalavad, Gujarat
April 7 (Reuters) - Clean Max Enviro Energy Solutions Ltd CLEM.NS:
CLEAN MAX ENVIRO ENERGY SOLUTIONS LTD - CLEANMAX COMMISSIONS 185 MW WIND-SOLAR HYBRID PROJECT IN KALAVAD, GUJARAT
CLEAN MAX ENVIRO ENERGY SOLUTIONS LTD - PROJECT EXPECTED TO ADD 1.65 BILLION RUPEES ANNUALLY TO REVENUE IN FY2027
Source text: ID:nNSE64XW2h
Further company coverage: CLEM.NS
April 7 (Reuters) - Clean Max Enviro Energy Solutions Ltd CLEM.NS:
CLEAN MAX ENVIRO ENERGY SOLUTIONS LTD - CLEANMAX COMMISSIONS 185 MW WIND-SOLAR HYBRID PROJECT IN KALAVAD, GUJARAT
CLEAN MAX ENVIRO ENERGY SOLUTIONS LTD - PROJECT EXPECTED TO ADD 1.65 BILLION RUPEES ANNUALLY TO REVENUE IN FY2027
Source text: ID:nNSE64XW2h
Further company coverage: CLEM.NS
Clean Max- Co, STT GDC India Scale Clean Energy Partnership Beyond 130 MW
April 1 (Reuters) - Clean Max Enviro Energy Solutions Ltd CLEM.NS:
CLEAN MAX- CO, STT GDC INDIA SCALE CLEAN ENERGY PARTNERSHIP BEYOND 130 MW
LATEST AGREEMENT INCLUDES AN ADDITIONAL 21 MWP OF SOLAR CAPACITY
April 1 (Reuters) - Clean Max Enviro Energy Solutions Ltd CLEM.NS:
CLEAN MAX- CO, STT GDC INDIA SCALE CLEAN ENERGY PARTNERSHIP BEYOND 130 MW
LATEST AGREEMENT INCLUDES AN ADDITIONAL 21 MWP OF SOLAR CAPACITY
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What does Clean Max Env. Energ do?
Clean Max Enviro Energy Solutions is a commercial and industrial (C&I) renewable energy provider. Its key offerings include supplying renewable power, providing energy services, and offering carbon credit solutions. It caters to a wide range of customers, including Technology customers and conventional C&I customers. The company has comprehensive suite of customer-centric capabilities.
Who are the competitors of Clean Max Env. Energ?
Clean Max Env. Energ major competitors are Acme Solar Holdings, NTPC Green Energy, Adani Green Energy. Market Cap of Clean Max Env. Energ is ₹14,250 Crs. While the median market cap of its peers are ₹89,108 Crs.
Is Clean Max Env. Energ financially stable compared to its competitors?
Clean Max Env. Energ seems to be less financially stable compared to its competitors. Altman Z score of Clean Max Env. Energ is 1.23 and is ranked 4 out of its 4 competitors.
Does Clean Max Env. Energ pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Clean Max Env. Energ latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Clean Max Env. Energ allocated its funds?
Companies resources are allocated to majorly productive assets like Plant & Machinery
How strong is Clean Max Env. Energ balance sheet?
Clean Max Env. Energ balance sheet is weak and might have solvency issues
Is the profitablity of Clean Max Env. Energ improving?
Yes, profit is increasing. The profit of Clean Max Env. Energ is ₹72.31 Crs for TTM, ₹27.84 Crs for Mar 2025 and -₹30.99 Crs for Mar 2024.
Is the debt of Clean Max Env. Energ increasing or decreasing?
Yes, The net debt of Clean Max Env. Energ is increasing. Latest net debt of Clean Max Env. Energ is ₹10,123 Crs as of Mar-26. This is greater than Mar-25 when it was ₹5,595 Crs.
Is Clean Max Env. Energ stock expensive?
Clean Max Env. Energ is not expensive. Latest PE of Clean Max Env. Energ is 145, while 3 year average PE is 365. Also latest EV/EBITDA of Clean Max Env. Energ is 24.47 while 3yr average is 25.49.
Has the share price of Clean Max Env. Energ grown faster than its competition?
There is not enough historical data for the companies share price.
Is the promoter bullish about Clean Max Env. Energ?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Clean Max Env. Energ is 49.48% and last quarter promoter holding is 49.48%.
Are mutual funds buying/selling Clean Max Env. Energ?
The mutual fund holding of Clean Max Env. Energ is increasing. The current mutual fund holding in Clean Max Env. Energ is 2.26% while previous quarter holding is 1.87%.