Shares of Clean Max Enviro Energy Solutions Ltd rose 0.54% to close at ₹1,392.55 on the BSE, after the company released Q1FY27 figures that saw revenue jump 107% to ₹832 crore.
Adjusted EBITDA climbed 74% to ₹494 crore, but the margin narrowed to 50% from 70.6% a year earlier, while net profit after tax turned positive at ₹55 crore from a ₹16.6 crore loss.
In a separate move, Augment India Holdings is set to divest 85 lakh shares—about 7.25% of Clean Max—at a floor price of ₹1,250, valuing the block at ₹1,062.8 crore. The deal could add short‑term liquidity but also raises dilution concerns.
The firm has commissioned 0.53 GW of renewable capacity this quarter, bringing its contracted power sales to 6 GW, and maintains a 14% share of India’s commercial and industrial non‑data‑centre renewable market. 42% of that capacity is tied to Data & AI customers, underscoring a high‑growth niche.
Clean Max reiterated a FY28 EBITDA target of ₹3,000 crore and a FY27 commissioning goal of 1.5 GW, with 2.6 GW already under development, signalling confidence that the 40% of the target achieved in Q1 will translate into next‑quarter growth.