NSE:CLEANMAX Stock Forecast

Stock Price Forecast

According to 4 analysts polled by S&P Global, NSE:CLEANMAX stock has a consensus rating of "Strong Buy" and an average price target of ₹1,461. The average 1-year stock price forecast is 6.60% higher than the current stock price, while the lowest is ₹1,340 (-2.21%) and the highest is ₹1,650 (+20.41%).

Price Target: ₹1,461 (+6.60%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	₹1,340	₹1,461	₹1,427	₹1,650
Change	-2.21%	+6.60%	+4.10%	+20.41%

* Price targets were last updated on May 18, 2026.

Analyst Ratings

The average analyst rating for NSE:CLEANMAX stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Apr '26	May '26	Jun '26
Strong Buy	2	2	3
Buy	1	1	1
Hold	0	0	0
Sell	0	0	0
Strong Sell	0	0	0
Total	3	3	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Atul Tiwari J.P. Morgan	J.P. Morgan	Buy Maintains ₹1,478	Buy	Maintains	₹1,478	+7.86%	May 18, 2026

Financial Forecast

Revenue This Year

29.85B

from 19.13B

56.02%

from 19.13B

Revenue Next Year

42.99B

from 29.85B

44.04%

from 29.85B

EPS This Year

12.93

from 8.96

44.34%

from 8.96

EPS Next Year

31.25

from 12.93

141.60%

from 12.93

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	7.02B	9.30B	13.90B	14.96B	19.13B	29.85B
Revenue Growth	12.95%	32.47%	49.51%	7.62%	27.89%	56.02%
Net Income	232.22M	-652.69M	-309.88M	278.43M	941.32M	1.61B
EPS	-	-	-	-	8.96	12.93
EPS Growth	-	-	-	-	-	44.34%
Forward PE	-	-	-	-	-	105.95
Free Cash Flow	-8.17B	-21.42B	-19.80B	-25.41B	-27.22B	-51.85B
No. Analysts	-	-	-	-	-	4

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue	2027	2028	2029
High	31.2B
Avg	29.8B
Low	27.8B

Revenue Growth

Revenue Growth	2027	2028	2029
High	62.9%
Avg	56.0%
Low	45.4%

EPS Forecast

EPS	2027	2028	2029
High	17.30
Avg	12.93
Low	10.08

EPS Growth

EPS Growth	2027	2028	2029
High	93.1%
Avg	44.3%
Low	12.5%