Power Generation & Supply Stocks in India
Power Generation & Supply: Clean Max Enviro Energy Solutions Ltd owns the largest revenue base AND the fastest current growth.
Nifty Power Generation & Supply Index — Constituents & Performance
All 1 listed Indian Power Generation & Supply companies are named here, largest first — the same constituent set people search for as the Nifty Power Generation & Supply index. Every figure on this page is equal-weighted across those companies, so one large constituent cannot set the reading. Each number carries its own as-of date.
Is Power Generation & Supply outperforming NIFTY 500?
The 52-week comparison of Power Generation & Supply against NIFTY 500 is not available from the current market series. Over 13 weeks the gap is a shortfall of 7.1%. Readings are as of 2026-08-09.
Sector metric: 11.4 as of 2026-08-09 · CONSOLIDATION · falling.
The central tension: current leadership is concentrated, so durability matters more than rank.
Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.
Bottom line
The 52-week sector comparison is unavailable. 0 of 0 covered companies currently have positive Mansfield relative strength versus NIFTY 500. Clean Max Enviro Energy Solutions Ltd leads with revenue of ₹2,342 crore, based on 1 of 1 comparable companies through Jun 2026.
Best Power Generation & Supply Stocks in India (Aug 2026), Ranked by Data
4-Factor Sector Score
An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.
How this score is built, and what the marks mean
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.
Top 10 Power Generation & Supply Stocks in India
| Company | Score | Price stage | Growth & earnings/35 | Capital efficiency/25 | Valuation/20 | Relative strength/20 |
|---|---|---|---|---|---|---|
| 1Clean Max Enviro Energy Solutions LtdCLEANMAX | 44.4/100Thin evidence · provisional44% evidence | ASLEEP | 15.7/35 Revenue 23.4% · PAT 100% · OPM change -15 pp 71% evidence | 8.7/25 ROCE 6.2% · OPM 51% 76% evidence | 10.0/20 P/E 93.5× · PEG — 0% evidence | 10.0/20 RS sector — · RS bench — · 1Y —4 of 5 weeks ahead 0% evidence |
| Exact sum: 15.7 + 8.7 + 10 + 10 = 44.4 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
Market action
Price shows what happened; relative strength shows who is winning the argument against the market and the sector. Every line covers 313 weekly closes through 2026-08-14.
Every company, the sector's own index and NIFTY 500 all start level on the left edge of the window, so only the distance between the lines counts — the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.
How far ahead of or behind NIFTY 500 each company has been running, measured against its own recent average of that comparison, so the flat line at zero IS NIFTY 500: above it the company is beating the market, below it the market is beating the company. It opens on one year.
The same measure taken against Power Generation & Supply itself instead of the whole market, so the flat line at zero is the sector: above it the company is beating its own peers, which is the sharper test of the two. It opens on one year.
Power Generation & Supply — the story behind the numbers
This is the written read behind the Power Generation & Supply figures above — what is actually happening in the sector, in words, with the evidence each claim rests on. It is dated 17 Apr 2026, so the words are older than the numbers. 4 themes are live here.
The outlook for BHAGYANGR is positive, underpinned by 40% revenue growth, margin expansion to 4.9%, and a clear roadmap involving capacity expansion to 35,000 metric tons and a value-unlocking demerger. While commodity price inflation and minor labor turnover present manageable headwinds, the demand boom from AI, EV, and green energy provides a runway for growth.
The Power Generation & Supply sector, represented in this analysis by BHAGYANGR, is experiencing a phase of growth driven by shifts in end-market demand. BHAGYANGR reported a 9-month revenue of ₹1,643 Cr, marking a 40% year-on-year increase that already eclipses its entire FY25 turnover.
How old this read is: STALE — this read comes from our Power Generation & Supply sector brief dated 17 Apr 2026, about 4 months ago. The page says so rather than dressing it up, and a fresh sector dive replaces it the day it runs.
What is live in this sector right now
| Live theme | Severity | Evidence on file |
|---|---|---|
| Rising copper prices inflate working capital requirements and short-term debt.Named for BHAGYANGR | medium | “So our working capital will go up, our short-term debts from the bank will go up, everything will go up.” LME-based hedging policies and maintaining steady working capital days. |
| Potential US tariffs on specialized copper components.Named for BHAGYANGR | low | “USA is a very small part of our exports, which is also very specialized to data centers, so we are not overly worried about the tariffs from USA.” USA is a very small part of exports; looking to Europe via EU FTA. |
| Hyderabad industrial Transformation policy requires shifting manufacturing units outside the Outer Ring Road.Named for BHAGYANGR | low | “they want to push out all the industries from within the ORR, which is the immediate city to outside the ORR” Main manufacturing already shifted to Toopran; plans to convert old land to commercial/residential. |
| Multiple resignations in upper management and Company Secretary roles.Named for BHAGYANGR | low | “unfortunately, that, seat of company secretary seems to be a little jinxed. We have had quite a few resignations.” Management claims overall employee turnover is negligible. |
Sources: our Power Generation & Supply sector brief, 17 Apr 2026 · company earnings-call transcripts.
Revenue Scale & Growth Durability
Clean Max Enviro Energy Solutions Ltd is the only Power Generation & Supply company on this page, with Revenue of ₹2,342 crore. The same company also holds the highest Revenue growth, at 23.4%. That is the only usable Revenue reading on this page, current through Jun 2026. Its Revenue series carries 8 reported observations across the 12-quarter window.
What the numbers say: Clean Max Enviro Energy Solutions Ltd is the scale leader at ₹2,342 crore, Clean Max Enviro Energy Solutions Ltd's growth is 23.4% from a ₹2,342 crore base, with 8 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.
Investor read: Clean Max Enviro Energy Solutions Ltd is the scale benchmark; Clean Max Enviro Energy Solutions Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.
This conclusion weakens if: Clean Max Enviro Energy Solutions Ltd's growth falls below Clean Max Enviro Energy Solutions Ltd's for two consecutive comparable reports while operating margin also compresses.
On every company-comparison chart on this page: solid lines show level, dotted lines show change when “Both” is selected, and a missing report breaks the line rather than being invented.
All-company data · latest reported quarter
In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | Revenue | Revenue growth | Reported |
|---|---|---|---|
| Clean Max Enviro Energy Solutions Ltd CLEANMAX | ₹832 Cr | 107% | Jun 2026 |
Full 12-quarter history · every available company
Revenue · reported quarter history
Revenue growth · reported quarter history
Clean Max Enviro Energy Solutions Ltd · CLEANMAX
Operating Economics & Margin Trend
Clean Max Enviro Energy Solutions Ltd is the only Power Generation & Supply company on this page, with OPM of 51%. The same company also holds the highest Margin change, at -15 percentage points. That is the only usable OPM reading on this page, current through Jun 2026. Its OPM series carries 8 reported observations across the 12-quarter window.
What the numbers say: Clean Max Enviro Energy Solutions Ltd leads both opm at 51% and margin change at -15 percentage points.
Investor read: Clean Max Enviro Energy Solutions Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current margin change signal.
All-company data · latest reported quarter
| Company | OPM | Margin change | Reported |
|---|---|---|---|
| Clean Max Enviro Energy Solutions Ltd CLEANMAX | 51% | −15.0 pp | Jun 2026 |
Full 12-quarter history · every available company
OPM · reported quarter history
Clean Max Enviro Energy Solutions Ltd · CLEANMAX
Margin change · reported quarter history
Clean Max Enviro Energy Solutions Ltd · CLEANMAX
Profit Scale & Acceleration
Clean Max Enviro Energy Solutions Ltd is the only Power Generation & Supply company on this page, with Net profit of ₹157 crore. That is the only usable Net profit reading on this page, current through Jun 2026. Its Net profit series carries 8 reported observations across the 12-quarter window.
What the numbers say: Clean Max Enviro Energy Solutions Ltd leads net profit at ₹157 crore; the second comparison lacks enough current evidence.
Investor read: Clean Max Enviro Energy Solutions Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.
All-company data · latest reported quarter
| Company | Net profit | Profit growth | Reported |
|---|---|---|---|
| Clean Max Enviro Energy Solutions Ltd CLEANMAX | ₹55 Cr | 165% | Jun 2026 |
Full 12-quarter history · every available company
Net profit · reported quarter history
Clean Max Enviro Energy Solutions Ltd · CLEANMAX
Profit growth · reported quarter history
Clean Max Enviro Energy Solutions Ltd · CLEANMAX
Return On Capital Employed
Clean Max Enviro Energy Solutions Ltd is the only Power Generation & Supply company on this page, with ROCE of 6.2%. The same company also holds the highest ROCE change, at -1 percentage points. That is the only usable ROCE reading on this page, current through Jun 2026.
What the numbers say: Clean Max Enviro Energy Solutions Ltd leads ROCE at 6.2%. Clean Max Enviro Energy Solutions Ltd has the strongest latest improvement at -1 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.
Investor read: Clean Max Enviro Energy Solutions Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current roce change signal.
Withheld from this chart: Clean Max Enviro Energy Solutions Ltd (CLEANMAX) — its two data sources disagree by up to 149% on reported income across 6 comparable periods, so its derived ratios are withheld. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.
All-company data · latest reported quarter
| Company | ROCE | ROCE change | Reported |
|---|---|---|---|
| Clean Max Enviro Energy Solutions Ltd CLEANMAX | 6.2% | −1.0 pp | Jun 2026 |
Full 12-quarter history · every available company
No consistent historical series is available for roce.
No consistent historical series is available for roce change.
Valuation Against Growth & Quality
No company in this Power Generation & Supply comparison reports a valuation figure this section can compare, so the PEG rank is empty. On P/E, Clean Max Enviro Energy Solutions Ltd is lowest at 93.5×, across 1 of 1 company with a usable reading.
What the numbers say: There is not enough comparable evidence to name a reliable peg leader.
Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.
This conclusion weakens if: The next two comparable reports reverse the current p/e signal.
All-company data · latest reported quarter
| Company | PEG | P/E | Reported |
|---|---|---|---|
| Clean Max Enviro Energy Solutions Ltd CLEANMAX | — | 192.1 | Jun 2026 |
Full 12-quarter history · every available company
No consistent historical series is available for peg.
P/E · reported quarter history
Clean Max Enviro Energy Solutions Ltd · CLEANMAX
What can make this comparison misleading?
This Power Generation & Supply comparison names 6 specific ways its own evidence can mislead, all listed below. The one company here reports on comparable dates, so no rank carries a stale marker. 1 has second-feed figures withheld because the two sources disagree. 1 of the 5 ranked sections has fewer than three usable current readings.
Keep these limits visible
- A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
- A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
- The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
- An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
- 1 company is missing from the second-feed metrics by decision, not by absence: the two sources disagree, so nothing from the second is drawn. Read those rows as narrower evidence, never as a weaker business.
- Thin comparisons: Valuation have fewer than three usable current readings.
How was this comparison built?
This comparison is built from the reported filings of 1 Power Generation & Supply company, normalized to a common ₹ scale and a shared quarter axis of up to 12 quarters each. Fundamentals run through Jun 2026 and market data through 2026-08-14. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.
How a second data feed is admitted, and what happens when it disagrees
A second feed is read only after its reported income is matched against the primary source on at least three overlapping periods. Where the two agree the figures fill silently. Where there is too little shared history to compare, the figures are still drawn — they are the only evidence there is — and marked ⚠ unverified everywhere they appear. Where the two are known to disagree, nothing from the second feed is drawn and the affected company is named under the chart it is missing from.
Power Generation & Supply company comparison FAQs
These 17 answers restate the Power Generation & Supply comparison above in question form. Every one is computed from the same 1 company and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-08-14. Nothing here is estimated, and none of it is a recommendation.
Is the Power Generation & Supply sector outperforming NIFTY 500?
The 52-week sector comparison is unavailable. 0 of 0 covered companies currently have positive Mansfield relative strength versus NIFTY 500.
Which Power Generation & Supply company is largest by revenue?
Clean Max Enviro Energy Solutions Ltd leads with revenue of ₹2,342 crore, based on 1 of 1 comparable companies through Jun 2026.
Which Power Generation & Supply company is growing fastest?
Clean Max Enviro Energy Solutions Ltd has the fastest current revenue growth at 23.4%, across 1 of 1 comparable companies.
Which Power Generation & Supply company has the strongest 4-Factor Sector Score?
Clean Max Enviro Energy Solutions Ltd ranks first at 44.4/100 with 43.7% evidence confidence. The score prioritizes research; it is not a buy recommendation.
How much history does this Power Generation & Supply comparison include?
The page compares up to 12 reported quarters per company for fundamentals, returns and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.
How is the 4-Factor Sector Score calculated?
The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.
Is there a Nifty Power Generation & Supply index?
NSE India maintains Nifty indices for several broad sector categories — Nifty Bank, Nifty IT, Nifty Pharma and others — but not for every sub-sector grouping on this site. Whether or not an official Nifty index covers Power Generation & Supply, this page builds its own equal-weight basket of 1 listed Power Generation & Supply companies — one company, one vote, regardless of market value — so no single large company dominates the reading. Figures are as of Jun 2026.
Which are the best Power Generation & Supply stocks in India?
Ranked by this page's four-factor score, Clean Max Enviro Energy Solutions Ltd places first among 1 listed Power Generation & Supply companies. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Jun 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser.
How many Power Generation & Supply stocks are listed in India?
This comparison covers 1 listed Power Generation & Supply companies in India, each above the size floor the site applies, with 20 quarters of reported figures per company where the filings exist. The full ranked list is on this page, as of Jun 2026.
Which Power Generation & Supply company is the biggest?
Clean Max Enviro Energy Solutions Ltd is the largest, with trailing-twelve-month revenue of ₹2,342 crore. That covers 1 of 1 companies with comparable reporting through Jun 2026.
Which Power Generation & Supply company has the best profit margins?
Clean Max Enviro Energy Solutions Ltd has the highest operating margin at 51%, from 1 of 1 comparable companies. Clean Max Enviro Energy Solutions Ltd shows the biggest recent improvement, at -15 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.
Which Power Generation & Supply company makes the most profit?
Clean Max Enviro Energy Solutions Ltd earns the most, at ₹157 crore of trailing-twelve-month net profit, from 1 of 1 comparable companies.
Which Power Generation & Supply company earns the highest return on capital?
Clean Max Enviro Energy Solutions Ltd leads on return on capital employed at 6.2%, across 1 of 1 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.
How many Power Generation & Supply companies does this comparison cover, and over what period?
It compares 1 listed companies over up to 12 reported quarters of fundamentals, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.
What is the total market cap of the Power Generation & Supply sector?
The 1 Power Generation & Supply companies on this page carry ₹14,666 crore of combined market value. Clean Max Enviro Energy Solutions Ltd is the largest at ₹14,666 crore, about 100% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-08-20.
Why are some values on this page blank?
A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.
Is this investment advice?
No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.