CleanMax FY26: 1.4 GW commissioned, EBITDA ₹1,870 Cr, eyes 1.5 GW in FY27
CleanMax commissioned 1.4 GW in FY2025-26, reaching 3.1 GW operational capacity. Run-Rate EBITDA grew 64% YoY to ₹1,870 crore. PAT increased 4.4x to ₹86 crore. The company plans to commission at least 1.5 GW in FY2026-27. A partnership with Apple for 150 MW renewable energy capacity was announced, with an initial investment of ₹104 crore.
The announcement provides comprehensive financial and operational updates, including key performance indicators, future growth targets, and strategic initiatives, which are material for investors and stakeholders.
The announcement details significant growth in commissioned capacity, substantial increase in EBITDA, and a positive outlook for the next fiscal year, including strategic partnerships and capacity expansion plans.
Clean Max Enviro Energy Solutions Limited (CleanMax) has released its Shareholders' Letter for FY2026, highlighting significant operational achievements and future growth strategies. In FY2025-26, the company commissioned approximately 1.4 GW of renewable energy power sales capacity, bringing its total operational portfolio to 3.1 GW. The Run-Rate EBITDA saw a substantial YoY growth of 64%, increasing from ₹1,140 crore to ₹1,870 crore. As of March 31, 2026, the total contracted capacity stood at 6,455 MW, with 2,597 MW of RE Power Sales and 215 MW of RE Services under execution. The company also reported a 4.4x increase in Profit After Tax (PAT) for FY2025-26, reaching ₹86 crore from ₹19 crore in the previous fiscal year.
CleanMax has set a target to commission a minimum of 1.5 GW of capacity in FY2026-27, with over 2.6 GW already contracted and under execution. Key priorities for the upcoming fiscal include executing at scale, increasing focus on Data & AI customers, diversifying the portfolio, and maintaining capital efficiency. The company highlighted a partnership with Apple to support over 150 MW of new renewable energy capacity, with an initial investment of ₹104 crore. Strategic partnerships were also formed, including an investment of ₹176 crore from Osaka Gas.
The company's financial performance metrics show strong operational leverage, with RE Power Sales EBITDA margins expanding to 83.52% in FY2025-26. The Net Debt to Adjusted EBITDA ratio remained stable at 4.75x. The company also provided an update on the utilization of its IPO proceeds, with ₹523.67 crore utilized towards debt repayment as of March 31, 2026.
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Clean Max Enviro Energy Solutions Limited filed this with the NSE as a statutory disclosure, categorised under other company updates. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Clean Max Enviro Energy Solutions Limited. Read the original for the full detail.