Clean Science & Technology Ltd. (CLEAN) AI Stock Analysis

• Market Cap: ₹90.58B
• Dividend Yield: 0.66%
• Average Volume (3M): 19.45K
• Price to Earnings (P/E): 34.1
• Beta (1Y): 0.83
• Revenue Growth: 12.16%
• EPS Growth: 2.96%
• Country: IN
• Employees: 457
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Chemicals - Specialty
• EPS (TTM): 5.20
• Shares Outstanding: 106,276,500
• 10 Day Avg. Volume: 21,755
• 30 Day Avg. Volume: 19,449
• PEG Ratio: 5.89
• Price to Book (P/B): 9.14
• Price to Sales (P/S): 13.39
• P/FCF Ratio: 180.04
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 63 Neutral
• Price Target: ₹998.00 ▲(15.46% Upside)

The overall stock score is primarily driven by strong financial performance, reflecting robust revenue growth and profitability. However, the technical analysis indicates bearish momentum, which negatively impacts the score. The valuation suggests the stock may be overvalued, further moderating the overall score.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong market demand and effective business strategies, enhancing long-term financial stability.

Margin Sustainability

High and stable margins reflect efficient operations and pricing power, supporting sustained profitability and competitive advantage.

Balance Sheet Health

Minimal leverage enhances financial flexibility and reduces risk, providing a strong foundation for future growth and investment.

Negative Factors

Free Cash Flow Performance

While cash flow management is effective, the modest growth rate in free cash flow may limit the company's ability to fund new initiatives or return capital to shareholders.

Earnings Call Absence

Lack of earnings call insights may hinder investor understanding of management's strategic direction and operational performance, impacting transparency.

Valuation Concerns

High valuation metrics suggest market expectations may be overly optimistic, potentially leading to future stock price volatility if growth slows.

Clean Science & Technology Ltd. Business Overview & Revenue Model

Company Description

Clean Science and Technology Limited engages in the research, development, manufacture, and marketing of specialty chemicals in India and internationally. The company offers anisole, mono methyl ether of hydroquinone, guaiacol, 4-methoxy acetophenone, butylated hydroxy anisole, veratrole, L-ascorbyl palmitate, N,N'-dicyclohexylcarbodiimide, tertiary butyl hydroquinone, para benzoquinone, 2,5-di-tertiary butyl hydroquinone, and para di-methoxy benzene (1,4-DMB). It serves consumer and industrial markets. The company was incorporated in 2003 and is based in Pune, India.

How the Company Makes Money

Clean Science & Technology Ltd. generates revenue through the production and sale of specialty chemicals, particularly in agrochemicals and pharmaceuticals. The company has established a robust revenue model that includes direct sales to end-users and long-term contracts with major corporations in its target sectors. Key revenue streams include the sale of its proprietary chemical products, research and development services, and licensing agreements for its innovative technologies. Additionally, partnerships with leading companies in the agrochemical and pharmaceutical industries enhance CLEAN's market reach and contribute to its earnings by securing stable demand for its products.

Clean Science & Technology Ltd. Financial Statement Overview

Summary

Clean Science & Technology Ltd. demonstrates strong financial health with robust revenue growth, efficient cost management, and low leverage. The company is profitable with healthy margins and effective capital use, though there is potential for enhancing free cash flow performance.

Income Statement

The company exhibits strong revenue growth with a 24% increase from 2024 to 2025 and a consistent increase over the years. Gross profit margin is solid at 67.7% for 2025, indicating strong cost control. Net profit margin stands at 27.3%, showcasing profitability. EBIT and EBITDA margins are impressive at 61.9% and 44.1% respectively, reflecting effective operational efficiency.

Balance Sheet

The balance sheet is robust with a low debt-to-equity ratio of 0.0015, indicating minimal leverage. Return on equity is healthy at 18.7%, signaling efficient use of equity. The equity ratio is strong at 88.1%, highlighting financial stability and low reliance on debt.

Cash Flow

The cash flow statement shows positive free cash flow, though with a modest growth rate. Operating cash flow to net income ratio is 0.81, indicating good cash generation from operations. The free cash flow to net income ratio is 0.27, pointing to effective capital expenditure management, though with room for improvement.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	9.86B	9.67B	7.91B	9.36B	6.85B	5.12B
Gross Profit	6.42B	6.08B	5.07B	5.10B	4.47B	3.77B
EBITDA	3.83B	3.87B	3.31B	4.02B	3.00B	2.59B
Net Income	2.69B	2.64B	2.44B	2.95B	2.28B	1.98B
Balance Sheet
Total Assets	0.00	16.08B	13.96B	11.52B	9.25B	6.60B
Cash, Cash Equivalents and Short-Term Investments	3.64B	3.64B	3.13B	3.42B	2.97B	2.48B
Total Debt	0.00	21.28M	20.30M	20.58M	3.31M	3.31M
Total Liabilities	-14.16B	1.91B	1.93B	1.42B	1.56B	1.20B
Stockholders Equity	14.16B	14.16B	12.03B	10.10B	7.68B	5.40B
Cash Flow
Free Cash Flow	0.00	718.88M	47.96M	959.57M	-124.09M	1.08B
Operating Cash Flow	0.00	2.14B	2.37B	2.79B	1.27B	1.93B
Investing Cash Flow	0.00	-1.52B	-1.86B	-2.70B	-785.51M	-1.87B
Financing Cash Flow	0.00	-525.09M	-531.91M	-550.26M	-1.47M	-58.93M

Clean Science & Technology Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 864.40
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:CLEAN, the sentiment is Negative. The current price of 864.4 is below the 20-day moving average (MA) of 880.83, below the 50-day MA of 908.90, and below the 200-day MA of 1161.54, indicating a bearish trend. The MACD of -17.18 indicates Positive momentum. The RSI at 34.77 is Neutral, neither overbought nor oversold. The STOCH value of 18.03 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:CLEAN.

Clean Science & Technology Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VINATIORGA	69 Neutral	₹163.84B	37.59	―	0.48%	8.96%	17.70%
FINEORG	68 Neutral	₹129.15B	31.85	―	0.26%	5.73%	-7.74%
ANURAS	66 Neutral	₹148.15B	95.37	―	0.06%	69.32%	113.55%
CLEAN	63 Neutral	₹90.58B	34.15	―	0.66%	12.16%	2.96%
AARTIIND	62 Neutral	₹131.26B	45.10	―	0.26%	8.26%	-34.62%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
ALKYLAMINE	61 Neutral	₹79.67B	43.73	―	0.62%	3.95%	8.28%

Clean Science & Technology Ltd. Corporate Events

Clean Science & Technology Files SEBI Compliance Certificate on Demat Processes

Clean Science and Technology Limited has submitted to stock exchanges a confirmation certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31 December 2025. The registrar and share transfer agent, MUFG Intime India Private Limited, confirmed that all securities received for dematerialisation or rematerialisation during the quarter were appropriately processed, listed on the relevant stock exchanges, and that physical certificates were duly verified, cancelled, and replaced with depository records within prescribed timelines, underscoring the company’s ongoing compliance with securities handling and listing norms.

Clean Science & Technology Announces Director’s Resignation at Wholly Owned Subsidiary

Clean Science & Technology Ltd. has announced that Parth Ashok Maheshwari has resigned as a director of its wholly owned subsidiary, Clean Fino-Chem Limited, effective from the close of business on 1 January 2026. The board of Clean Fino-Chem has accepted his resignation by way of a circular resolution, and Maheshwari has stated that he is stepping down to pursue personal interests and that there are no material reasons behind his decision, suggesting no immediate operational or governance concerns for the company or its stakeholders.

Clean Science & Technology Ltd. Expands Employee Stock Options

Clean Science & Technology Ltd. has announced the allotment of 2,708 equity shares to eligible employees under its Employee Stock Option Scheme 2021. This move increases the company’s paid-up share capital, reflecting its commitment to employee engagement and retention, and potentially strengthening its market position.