Clean Max Enviro Energy Solutions (CLEANMAX) Corporate presentation summary

Market leadership and growth

• Holds 12% share of India's C&I renewables market, with 5.7 GW contracted capacity as of March 2026, including 3.1 GW operational and 2.6 GW under execution.

• Contracted capacity tripled in 24 months, driven by strong demand from corporates and data/AI customers, who now account for 42% of contracted capacity.

• 1.4 GW commissioned in FY26, with projects consistently delivered within 95-97% of budget.

• Repeat business is strong, with 74% of new volumes contracted with existing customers.

• Diversified portfolio across states, technologies, and contracting strategies, with significant presence in both solar and wind.

Financial performance and returns

• FY26 revenue from operations grew 28% to ₹19,129 million, with EBITDA up 28% to ₹12,946 million and PAT up 340% to ₹856 million.

• EBITDA margin improved to 83.5% for RE Power Sales, with a 32% EBITDA CAGR from FY23 to FY26.

• Cash ROE at 16.1% (consolidated) and 34.2% at project level in FY26, with equity payback of 2.5 years for stabilized assets.

• Net debt increased to ₹96,841 million, with conservative leverage at 4.75x Debt/Adjusted EBITDA and cost of project debt reduced to 8.5%.

• Receivable days for RE Power Sales improved to 25 days.

Customer base and strategic partnerships

• Serves 588 customers, 82% of whom are AA/AAA rated or MNC subsidiaries.

• Major deals with global tech firms: Google (158 MW), Amazon (100 MW), Apple (INR 104 Cr equity for 49% JV stake), and Meta (1.1 GW+ EAPA).

• Co-investment partnerships with Apple, Osaka Gas, and Toyota Tsusho to drive capital efficiency.

• High repeat order rate and strong presence in data center and AI segments.