Clean Max Enviro is a leading Commercial and Industrial (C&I) renewable energy provider. Unlike traditional power companies that sell to the state grid, CleanMax focuses on supplying green energy (Solar, Wind, and Hybrid) directly to corporate clients under long-term Power Purchase Agreements (PPAs). It operates on an "OPEX" model where it builds, owns, and operates renewable energy plants, and the client only pays for the energy consumed. Serves over 350+ corporate giants, including Amazon, Adobe, Volvo, and Tata Motors.;

CEO/MD

Mr. Kuldeep Jain

Founded in

2010

NSE symbol

CLEANMAX

Shareholding Pattern

Aug '25

Feb '26

Mar '26

Promoters
49.48%
Foreign Institutions
29.80%
Other Domestic Institutions
12.49%
Retail And Others
5.97%
Mutual Funds
2.26%

Mutual Funds Invested (4)

Fund name	AUM%
WhiteOak Capital Mid Cap Fund Direct Growth	0.01
WhiteOak Capital Flexi Cap Fund Direct Growth	0.01
WhiteOak Capital Balanced Advantage Fund Direct Growth	0.01
WhiteOak Capital Multi Asset Allocation Fund Direct Growth	0.00

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ScoutQuest • 2 weeks ago

Clean Max's subsidiary commissioned a 351.4 MWp solar project in Bikaner. The project was completed by Clean Max Celestial Private Limited, a wholly owned subsidiary.

ScoutQuest • 3 weeks ago

CleanMax's CARE rating upgraded to AA Stable, reflecting strong financials. Expanded 5.7 GW portfolio; FY26 EBITDA up 28% YoY to ₹1,295 Cr, PAT 4.4x to ₹85.6 Cr.

BSE • 3 weeks ago

Clean Max Enviro Energy Solutions Ltd's credit rating upgraded by CARE Ratings to 'AA Stable' for NCDs worth ₹400 Cr. Long-term and short-term bank facilities were also upgraded to 'AA Stable' and reaffirmed at 'A1', respectively.

ScoutQuest • 3 weeks ago

Clean Max's renewable capacity reached 5,700 MW by March 2026; operational capacity hit 3,100 MW. FY26 EBITDA rose 28% to INR 1,295 cr; PAT increased to INR 86 cr with 42% capacity for Data/AI sectors.

BSE • 1 month ago

Clean Max Enviro Energy Solutions Ltd to sell 2,600 shares of Clean Max Yuhdul Pvt Ltd to Tata Communications. The sale agreement will be executed by June 30, 2026, with a consideration of INR 26,000.

Financial Express • 1 month ago

JP Morgan assigns an Overweight rating to CleanMax, targeting a 19% upside due to its leadership in commercial and industrial renewable energy, data center demand, and long-term contracts. CleanMax's differentiated model, strong client ties, and rising data center focus drive revenue growth, despite execution and capital risks, per JP Morgan.

Livesquawk • 2 months ago

Cleanmax to supply hybrid renewable power to Shell in India. Supports Shell's clean energy, decarbonization efforts with new arrangement.

ScoutQuest • 2 months ago

CleanMax partners with Sangam India for 30 MW solar, 20 MW wind hybrid project. CleanMax supplies clean power to 5 Sangam facilities, with 525 MW capacity in Rajasthan.

Livesquawk • 2 months ago

HSBC starts Buy on CleanMax Enviro with ₹1,150 target citing C&I renewable leadership. Strong demand from 30–45% cheaper green power vs grid; ~60% EBITDA CAGR expected FY26-28.

ScoutQuest • 2 months ago

Clean Max commissions 185 MW hybrid project in Gujarat; adds INR 165 Cr revenue for FY27. Operational capacity reaches 3.1 GW, supporting 17 corporate clients under captive model.

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Home>Stocks>Clean Max Enviro Energy Solutions

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