Clean Max Enviro Energy Solutions (CLEANMAX) investor relations material

Market leadership and growth

• Holds 14% share of India's C&I renewables market with 6.0 GW contracted capacity as of June 2026, including 3.5 GW operational and 2.5 GW under execution.

• Serves 593 corporate customers, with over 75% repeat rate and 81% rated AA/AAA or MNC subsidiaries.

• Data & AI customers account for 42% of contracted capacity, including major deals with Meta, Google, Amazon, and Apple.

• Contracted capacity tripled since March 2024, driven by large corporate demand and significant cost savings over grid tariffs.

• Achieved 3.2x growth in contracted capacity from FY24 to Q1 FY27, with strong presence in data center and technology sectors.

Financial performance and returns

• Q1 FY27 revenue from operations grew 107% YoY to INR 8,322 million, with adjusted EBITDA up 74% to INR 4,940 million.

• FY26 revenue rose 28% to INR 19,129 million, with reported PAT increasing 340% to INR 856 million.

• Cash ROE at 16.1% (consolidated) and 34.2% at project level in FY26; equity payback period of 2.5 years for stabilized projects.

• Net debt to adjusted EBITDA at 4.75x, with cost of project debt declining to 8.4% as of June 2026.

• Minimum FY28 EBITDA guidance of INR 3,000 crore, representing 2.3x growth over FY26.

Operational excellence and execution

• Delivered 1.4 GW+ in FY26, with guidance for at least 1.5 GW addition in FY27.

• Projects consistently implemented within 95-97% of budget; average wind PLF at 33% over four years, outperforming peers.

• Plant availability at 98.6% and grid availability at 99.1% for trailing 12 months.

• Diversified portfolio across states, sites, and customers, reducing concentration risk.

• 79% of new contracted volumes in Q1 FY27 were repeat orders from existing customers.