Clean Max Enviro Energy Solutions Peer Comparison

NSE: CLEANMAX | BSE: 544717

₹1,323.00

₹-25.30 (-1.88%)

As on 09-Oct-2026IST

Market cap

₹15,557 Cr

Revenue (TTM)

₹1,913 Cr

P/E Ratio

165.3

P/B Ratio

3.4

Div. Yield

0 %

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	Clean Max Enviro Energy Solutions	ACME Solar Holdings	Juniper Green Energy	Waaree Renewable	KPI Green Energy
Market cap (₹ Cr)	15,557	29,597	15,670	8,381	6,429
Revenue (₹ Cr)	1,913	2,370	719	3,652	2,787
Net Profit (₹ Cr)	85.58	602.41	40.46	511.22	492.55
Net Margin (%)	4.12	20.94	5.03	13.92	17.36
RoE (%)	2.43	11.98	1.20	63.82	16.05
Price to Earnings	165.27	49.05	387.26	16.49	14.04
Price-To-Book	3.37	3.70	3.02	7.97	2.16

Income Statement
Liabilities
Assets
Cashflow
Ratios

Income Statement (₹ Cr)

	Clean Max Enviro Energy Solutions	ACME Solar Holdings	Juniper Green Energy	Waaree Renewable	KPI Green Energy
Operating Revenue	1,912.87	2,023.38	718.93	3,331.42	2,695.91
Total Income	2,077.93	2,507.08	804.93	3,351.85	2,741.52
Total Expenditure	781.77	241.90	112.74	2,690.33	1,738.09
EBITDA	1,131.10	1,781.48	606.19	641.10	957.82
Depreciation	379.91	467.90	236.86	8.62	132.85
EBIT	751.19	1,313.57	369.33	632.47	824.97
Interest	787.51	1,123.13	400.13	13.29	182.34
Other Income	165.06	483.70	86.00	20.43	45.61
Exceptional Items	--	2.68	--	--	2.67
Profit before Tax	134.98	676.82	55.19	639.61	690.91
Provision for Tax	49.40	178.94	14.73	160.97	181.67
Profit after Tax	85.58	497.89	40.46	478.64	509.24

Liabilities (₹ Cr)

	Clean Max Enviro Energy Solutions	ACME Solar Holdings	Juniper Green Energy	Waaree Renewable	KPI Green Energy
Shareholder's Funds	4,638.27	5,061.48	3,423.88	934.35	3,034.00
Minority Interest	885.27	-1.31	--	-0.52	239.35
Non-Current Liabilities	11,900.00	19,865.01	12,165.72	111.10	4,567.91
Current Liabilities	5,129.21	3,220.16	3,910.47	1,328.87	2,040.73
Total Liabilities	22,555.04	28,145.34	19,500.07	2,373.79	9,881.99

Assets (₹ Cr)

	Clean Max Enviro Energy Solutions	ACME Solar Holdings	Juniper Green Energy	Waaree Renewable	KPI Green Energy
Non-Current Assets	19,147.63	21,159.60	15,717.20	584.16	6,537.35
Current Assets	3,405.12	6,976.16	3,782.87	1,789.63	3,344.64
Total Assets	22,555.04	28,145.34	19,500.07	2,373.79	9,881.99
Total Debt*	12,400.34	18,988.05	12,920.54	81.67	4,531.95
Net Current Assets	-1,724.10	3,756.00	-127.60	460.76	1,303.92
Contingent Liabilities	1,232.86	202.63	2,210.51	38.02	31.49

Cashflow (₹ Cr)

	Clean Max Enviro Energy Solutions	ACME Solar Holdings	Juniper Green Energy	Waaree Renewable	KPI Green Energy
Cash From Operating Activities	1,731.24	1,248.59	469.99	286.95	481.95
Cash Flow from Investing Activities	-5,957.47	-7,317.38	-6,509.77	-264.48	-4,128.73
Cash from Financing Activities	5,095.40	7,015.46	6,866.20	22.55	3,642.90
Net Cash Inflow / Outflow	869.17	946.67	826.42	45.02	-3.87

Ratios

Profitability Ratios

	Clean Max Enviro Energy Solutions	ACME Solar Holdings	Juniper Green Energy	Waaree Renewable	KPI Green Energy
ROCE (%)	6.69	9.23	3.61	87.12	15.71
ROE (%)	2.43	10.53	1.20	69.02	19.27
ROA (%)	0.48	2.15	0.27	27.40	6.94
EBIT Margin (%)	67.76	111.95	96.28	19.86	37.22
Net Margin (%)	4.12	19.86	5.03	14.28	18.58
Cash Profit Margin (%)	24.33	47.73	38.57	14.63	23.82

Growth Ratios

	Clean Max Enviro Energy Solutions	ACME Solar Holdings	Juniper Green Energy	Waaree Renewable	KPI Green Energy
Revenue Growth (%)	27.89	44.00	41.33	108.51	55.34
EBIT Growth (%)	27.42	61.16	42.52	103.10	72.75
Net Profit Growth (%)	340.46	98.50	10.93	109.08	56.55
EPS Growth (%)	192.92	97.80	10.92	108.69	48.65
Book Value Growth (%)	84.05	10.82	1.19	105.55	20.11

Valuation Ratios

	Clean Max Enviro Energy Solutions	ACME Solar Holdings	Juniper Green Energy	Waaree Renewable	KPI Green Energy
Price / Earnings	95.61	31.73	0.00	17.05	14.57
Price / Book Value	1.98	3.18	0.00	8.75	2.40
Dividend Yield (%)	0.00	0.08	--	0.00	0.30
EV/EBITDA	14.75	12.65	14.52	11.92	10.87
Market Cap (₹ Cr)	8,999.88	15,830.92	0.00	8,162.98	6,935.50

Solvency Ratios

	Clean Max Enviro Energy Solutions	ACME Solar Holdings	Juniper Green Energy	Waaree Renewable	KPI Green Energy
Debt to Equity	2.72	3.82	3.80	0.09	1.57
Short term debt to equity ratio	0.14	0.13	0.37	0.06	0.25
Current Ratio	0.66	2.17	0.97	1.35	1.64
Quick Ratio	0.66	2.16	0.97	1.26	1.14
Interest Coverage	1.17	1.60	1.14	49.13	4.79

Operating Efficiency Ratios

	Clean Max Enviro Energy Solutions	ACME Solar Holdings	Juniper Green Energy	Waaree Renewable	KPI Green Energy
Debtors to sales (%)	14.53	16.45	15.57	35.18	27.47
Asset Turnover	0.11	0.09	0.05	1.91	0.37
Receivable days	44.45	64.38	46.79	91.47	89.26
Inventory Days	8.78	1.92	0.00	6.75	129.66
Payable days	--	--	--	71.10	113.45
Cash Conversion Cycle	--	--	--	27.12	105.47