Clean Max Enviro Energy Solutions Limited has announced robust financial results for the second quarter and first half of FY27. The company reported a significant 67% revenue growth for H1 FY27 compared to H1 FY26, driven by strong performance in its RE Power Sales segment. EBITDA and Profit After Tax (PAT) also saw substantial increases, reflecting effective capacity utilization and improved operational margins. The company highlighted growth in its commissioned and under-construction capacity.
CleanMax Enviro Energy Announces Strong H1 FY27 Financials
Clean Max Enviro Energy Solutions Limited has unveiled its financial results for the quarter and half-year ended September 30, 2026, showcasing considerable year-on-year growth. The company registered a notable 67% increase in revenue from operations for the first half of FY27 (H1 FY27) compared to the same period in FY26, reaching INR 15,598 million. This growth was primarily fueled by the RE Power Sales segment, which saw a 57% surge in revenue.
Key Financial Highlights
The company’s financial performance indicates robust operational and financial health:
- Revenue Growth: H1 FY27 revenue from operations grew by 67% to INR 15,598 million (vs INR 9,330 million in H1 FY26). Q2 FY27 revenue increased by 37% to INR 7,277 million (vs INR 5,306 million in Q2 FY26).
- EBITDA Performance: EBITDA for H1 FY27 climbed 58% to INR 10,106 million. Adjusted EBITDA also saw a significant jump of 56% to INR 10,472 million.
- Profitability: Reported Profit After Tax (PAT) attributable to owners surged by a remarkable 532% to INR 1,201 million in H1 FY27, compared to INR 190 million in H1 FY26. Q2 FY27 PAT grew by 82% to INR 649 million.
Operational Expansion and Balance Sheet Strength
The Balance Sheet reflects growth driven by increased commissioned and under-construction capacity. The Gross Block expanded to INR 1,51,820 million in H1 FY27, with Capital Work in Progress at INR 67,457 million. Net Debt stood at INR 1,38,382 million, while Total Equity reached INR 59,532 million.
Segmental Performance
The RE Power Sales segment demonstrated strong traction with revenue growth of 57% in H1 FY27. However, the RE Services segment experienced a 24% decline in revenue for Q2 FY27, though it showed a positive 107% growth in H1 FY27. The Adjusted EBITDA margins remained healthy, with RE Power Sales at 83.98% and RE Services at 14.34%.
Key Operational Metrics
The company highlighted its position as India’s largest C&I Renewable Energy Provider. Operational highlights for Q2 FY27 included 6.3 GW of RE Power Sales (Contracted Capacity) and 3.6 GW (Operational Capacity). Financial highlights for H1 FY27 included an Adjusted EBITDA of INR 1,047 crore and Profit After Tax of INR 65 crore.
Source: BSE
