Clean Max Enviro Energy Solutions IPO Peer Comparison
Clean Max Enviro Energy Solutions Ltd. peer comparison with similar listed entities. (As on March 31, 2025)
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|
| Clean Max Enviro Energy Solutions Ltd. | 2.88 | 2.79 | 250.93 | | 1.09 | | |
| ACME Solar Holdings Ltd | 4.55 | 4.53 | 74.54 | 42.38 | 5.59 | 2.59 | |
| NTPC Green Energy Ltd | 0.67 | 0.67 | 21.88 | 150.10 | 2.58 | 4.76 | |
| Adani Green Energy Limited | 8.37 | 8.37 | 58.63 | 113.39 | 15.55 | 16.36 | |
Notes:
- All the financial information for listed industry peer is on a consolidated basis and is sourced from the financial information of such listed
industry peer available on the website of the stock exchanges (BSE/NSE/NASDAQ), as of and for year ended March 31, 2025.
- NAV of listed peers has been computed as Total Equity attributable to owners of the Company.
- P/E Ratio for the listed industry peer has been computed based on the closing market price of equity shares, on NSE for Indian peers, as of March
28, 2025 divided by the diluted EPS for the year ended March 31, 2025.
- Return on Net worth (%) = Profit After Tax attributable to owners of the Company for the year ended March 31, 2025/ Net worth as on March
31, 2025.
- Net Asset Value per Equity Share represents Net worth as at the end of the year divided by number of Equity Shares outstanding at the end of the
year/period
- Net Worth = Net Worth means Total Equity attributable to owners of the Company excluding any debt instruments in the nature of Equity.
- EV/EBITDA for the listed industry peers has been computed based on the Enterprise Value (calculated as closing market price of equity shares,
on NSE for Indian peers, as of March 31,2025 multiplied by outstanding shares, as of March 31,2025 less debt borrowings including lease
liabilities less cash and cash equivalent, adding minority interest) divided by the EBITDA for the year ended March 31, 2025.
- For definitions of EPS, NAV and RoNW of Clean Max refer pages 165 to 166.
