Clean Science and Technology Limited

NSEI:CLEAN Stock Report

Market Cap: ₹81.5b

Clean Science and Technology Future Growth

Future criteria checks 3/6

Clean Science and Technology is forecast to grow earnings and revenue by 18.9% and 18.4% per annum respectively. EPS is expected to grow by 18.9% per annum. Return on equity is forecast to be 18.8% in 3 years.

Key information

18.9%

Earnings growth rate

18.92%

EPS growth rate

Chemicals earnings growth18.9%
Revenue growth rate18.4%
Future return on equity18.80%
Analyst coverage

Good

Last updated17 May 2026

Recent future growth updates

Analysis Article Feb 03

Clean Science and Technology Limited Just Missed EPS By 8.7%: Here's What Analysts Think Will Happen Next

As you might know, Clean Science and Technology Limited ( NSE:CLEAN ) last week released its latest quarterly, and...
Analysis Article Nov 09

Clean Science and Technology Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Clean Science and Technology Limited ( NSE:CLEAN ) shareholders are probably feeling a little disappointed, since its...

Recent updates

Narrative Update May 12

CLEAN: Lower Implied Upside Will Temper Excitement Ahead Final Dividend Decision

Analysts have cut their price target on Clean Science and Technology from ₹840 to ₹720, citing updated assumptions that combine a slightly lower discount rate and a lower future P/E with higher modelled revenue growth and a modestly stronger profit margin profile. What's in the News A board meeting is scheduled for May 14, 2026, to review and approve standalone and consolidated audited financial results for the quarter and full year ended March 31, 2026 (company filing).
Narrative Update Apr 23

CLEAN: Higher Margin Outlook Will Support Future Upside Potential

Analysts have trimmed the price target for Clean Science and Technology to about ₹976 from roughly ₹998, citing updated assumptions that include a slightly lower revenue growth outlook, a higher projected profit margin, and a reduced forward P/E multiple. Valuation Changes Fair Value: Trimmed from ₹997.92 to ₹976.54, reflecting a small downward revision to the target valuation level.
Narrative Update Apr 08

CLEAN: Upcoming Results And Interim Dividend Decision Will Support Bullish Outlook

Analysts have adjusted the price target for Clean Science and Technology from ₹1,278 to ₹1,216. This change reflects updated views on factors such as slightly different discount rate assumptions, revenue growth expectations, profit margin estimates and a revised future P/E multiple.
Narrative Update Mar 25

CLEAN: Interim Dividend Decision Will Support Confidence Ahead Key Results

Analysts have kept the Clean Science and Technology price target steady at ₹840, reflecting slightly adjusted assumptions for the discount rate, revenue growth, profit margin and future P/E to align with their latest view of the company’s earnings potential and risk profile. What's in the News Board meeting scheduled on Jan 31, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter and nine months ended Dec 31, 2025 (Key Developments).
Narrative Update Mar 11

CLEAN: Upcoming Results And Possible Interim Dividend Will Support Upside

Analysts have trimmed their price target on Clean Science and Technology from ₹1,149.08 to ₹997.92, citing updated assumptions around growth, margins, and future P/E levels. What's in the News A board meeting is scheduled for January 31, 2026, to review and approve the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025 (Key Developments).
Narrative Update Feb 24

CLEAN: Interim Dividend Decision Will Support Confidence Despite Revised Forecast Assumptions

Analysts have trimmed their price target on Clean Science and Technology from ₹910 to ₹840, citing updated assumptions for revenue growth, profit margins, discount rate, and a higher future P/E multiple in their models. What's in the News Board meeting scheduled for January 31, 2026, to review and approve the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025 (Key Developments).
Narrative Update Feb 10

CLEAN: Upcoming Results And Possible Interim Dividend Will Support Bullish Outlook

Analysts have revised their price target for Clean Science and Technology from ₹1,780 to ₹1,278, citing updated assumptions for revenue growth, profit margins and future P/E, which point to a more measured outlook for the business. What's in the News Board meeting scheduled for January 31, 2026 to consider and approve the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025 (Key Developments).
Analysis Article Feb 06

These Analysts Just Made A Notable Downgrade To Their Clean Science and Technology Limited (NSE:CLEAN) EPS Forecasts

One thing we could say about the analysts on Clean Science and Technology Limited ( NSE:CLEAN ) - they aren't...
Analysis Article Feb 03

Clean Science and Technology Limited Just Missed EPS By 8.7%: Here's What Analysts Think Will Happen Next

As you might know, Clean Science and Technology Limited ( NSE:CLEAN ) last week released its latest quarterly, and...
Analysis Article Feb 02

Is Clean Science and Technology Limited (NSE:CLEAN) Expensive For A Reason? A Look At Its Intrinsic Value

Key Insights The projected fair value for Clean Science and Technology is ₹632 based on 2 Stage Free Cash Flow to...
Narrative Update Jan 27

CLEAN: Board Reappointments And Margin Reset Will Shape Balanced Outlook

Analysts have kept their price target for Clean Science and Technology steady at ₹910, citing a slightly higher assumed discount rate, modestly adjusted revenue growth expectations, and a higher future P/E estimate that is offset by lower projected profit margins. What's in the News A board meeting is scheduled on January 31, 2026 to consider and approve the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, and to consider the declaration of an interim dividend for FY 2025-26.
Narrative Update Jan 12

CLEAN: Board Changes And Margin Assumptions Will Guide Steady Future Outlook

Analysts have trimmed their price target on Clean Science and Technology from ₹930.00 to ₹910.00. This change reflects updated assumptions around revenue growth, profit margins and forward P/E expectations.
Narrative Update Dec 25

CLEAN: Board Reshuffle And Margin Outlook Will Shape Balanced Future Prospects

Analysts have trimmed their price target on Clean Science and Technology from approximately Rs 1,047.55 to Rs 930.00. This reflects more moderate revenue growth assumptions, partially offset by expectations of improved profit margins and a slightly lower future valuation multiple.
Narrative Update Dec 11

CLEAN: Upcoming Governance Decisions And Meeting Schedule Will Support Near Term Upside

Analysts have modestly lowered their price target on Clean Science and Technology by ₹0.00. This reflects slightly adjusted assumptions around discount rates and valuation multiples, while growth and margin expectations remain broadly unchanged.
Narrative Update Nov 27

CLEAN: Dividend Declaration And Upcoming Board Meeting Will Support Near-Term Upside

Analysts have lowered their price target for Clean Science and Technology from ₹1,371.50 to ₹1,149.08. This reflects modest adjustments in growth and margin forecasts.
Analysis Article Nov 09

Clean Science and Technology Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Clean Science and Technology Limited ( NSE:CLEAN ) shareholders are probably feeling a little disappointed, since its...
Narrative Update Nov 07

CLEAN: Major Promoter Block Deal And Rising Profit Margins Will Drive Upside

Analysts have lowered their price target for Clean Science and Technology from ₹1,476.55 to ₹1,371.50. They cite updated estimates on revenue growth, profit margins, and valuation metrics as reasons for the revision.
Analysis Article Oct 09

Clean Science and Technology Limited's (NSE:CLEAN) Share Price Matching Investor Opinion

Clean Science and Technology Limited's ( NSE:CLEAN ) price-to-earnings (or "P/E") ratio of 41.6x might make it look...
Analysis Article Sep 05

Increases to CEO Compensation Might Be Put On Hold For Now at Clean Science and Technology Limited (NSE:CLEAN)

Key Insights Clean Science and Technology will host its Annual General Meeting on 11th of September Salary of ₹36.8m is...
Narrative Update Sep 04

High-Value Specialty Chemicals Will Expand Global Reach

With both the discount rate and future P/E remaining essentially flat, the consensus analyst price target for Clean Science and Technology is unchanged at ₹1477. What's in the News Promoters Ashok Boob and Krishnakumar Boob may sell a 24% stake in Clean Science and Technology for over INR 26,265 million via a block deal, representing 2.55 crore shares at a floor price of INR 1,030 per share (a 12.8% discount to the previous closing).
Analysis Article Aug 25

Clean Science and Technology (NSE:CLEAN) Will Pay A Larger Dividend Than Last Year At ₹4.00

Clean Science and Technology Limited ( NSE:CLEAN ) has announced that it will be increasing its dividend from last...
Analysis Article Aug 10

Clean Science and Technology (NSE:CLEAN) Is Increasing Its Dividend To ₹4.00

Clean Science and Technology Limited ( NSE:CLEAN ) has announced that it will be increasing its dividend from last...
Analysis Article Jul 21

Clean Science and Technology's (NSE:CLEAN) Shareholders Will Receive A Bigger Dividend Than Last Year

The board of Clean Science and Technology Limited ( NSE:CLEAN ) has announced that it will be paying its dividend of...
Analysis Article Jun 19

With EPS Growth And More, Clean Science and Technology (NSE:CLEAN) Makes An Interesting Case

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article May 25

Analysts Are Updating Their Clean Science and Technology Limited (NSE:CLEAN) Estimates After Its Yearly Results

Shareholders of Clean Science and Technology Limited ( NSE:CLEAN ) will be pleased this week, given that the stock...
Analysis Article Apr 25

Getting In Cheap On Clean Science and Technology Limited (NSE:CLEAN) Might Be Difficult

When close to half the companies in India have price-to-earnings ratios (or "P/E's") below 27x, you may consider Clean...
Analysis Article Mar 28

Clean Science and Technology's (NSE:CLEAN) Returns On Capital Not Reflecting Well On The Business

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
User avatar
New Narrative Feb 02

New HALS Products And Global Expansion Will Improve Future Prospects

Commercialization of new products and international expansion are expected to boost revenue and market penetration.
Analysis Article Feb 02

Clean Science and Technology Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

It's been a good week for Clean Science and Technology Limited ( NSE:CLEAN ) shareholders, because the company has just...
Analysis Article Jan 07

Clean Science and Technology Limited's (NSE:CLEAN) Price In Tune With Earnings

With a price-to-earnings (or "P/E") ratio of 59.6x Clean Science and Technology Limited ( NSE:CLEAN ) may be sending...
Analysis Article Nov 10

Clean Science and Technology Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Shareholders might have noticed that Clean Science and Technology Limited ( NSE:CLEAN ) filed its second-quarter result...
Analysis Article Sep 25

Is Clean Science and Technology Limited (NSE:CLEAN) Worth ₹1.5k Based On Its Intrinsic Value?

Key Insights Using the 2 Stage Free Cash Flow to Equity, Clean Science and Technology fair value estimate is ₹1,137...
Analysis Article Aug 04

Clean Science and Technology Limited (NSE:CLEAN) Just Missed Earnings: Here's What Analysts Think Will Happen Next

Clean Science and Technology Limited ( NSE:CLEAN ) just released its latest quarterly report and things are not looking...
Analysis Article Jul 26

Investors Appear Satisfied With Clean Science and Technology Limited's (NSE:CLEAN) Prospects

When close to half the companies in India have price-to-earnings ratios (or "P/E's") below 34x, you may consider Clean...
Analysis Article May 23

Clean Science and Technology's (NSE:CLEAN) Problems Go Beyond Weak Profit

Clean Science and Technology Limited's ( NSE:CLEAN ) recent weak earnings report didn't cause a big stock movement...
Analysis Article Apr 19

Clean Science and Technology Limited's (NSE:CLEAN) Earnings Haven't Escaped The Attention Of Investors

With a price-to-earnings (or "P/E") ratio of 54.9x Clean Science and Technology Limited ( NSE:CLEAN ) may be sending...
Analysis Article Feb 06

Results: Clean Science and Technology Limited Exceeded Expectations And The Consensus Has Updated Its Estimates

Clean Science and Technology Limited ( NSE:CLEAN ) last week reported its latest third-quarter results, which makes it...
Analysis Article Dec 28

Here's Why Clean Science and Technology (NSE:CLEAN) Has Caught The Eye Of Investors

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Dec 04

Clean Science and Technology (NSE:CLEAN) May Have Issues Allocating Its Capital

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...
Analysis Article Nov 08

Things Look Grim For Clean Science and Technology Limited (NSE:CLEAN) After Today's Downgrade

The analysts covering Clean Science and Technology Limited ( NSE:CLEAN ) delivered a dose of negativity to shareholders...
Analysis Article Jul 26

Clean Science and Technology's (NSE:CLEAN) Dividend Will Be Reduced To ₹3.00

Clean Science and Technology Limited ( NSE:CLEAN ) is reducing its dividend from last year's comparable payment to...
Analysis Article Jul 12

Clean Science and Technology (NSE:CLEAN) Is Reducing Its Dividend To ₹3.00

Clean Science and Technology Limited's ( NSE:CLEAN ) dividend is being reduced from last year's payment covering the...
Analysis Article May 21

Clean Science and Technology's (NSE:CLEAN) Dividend Will Be Reduced To ₹3.00

Clean Science and Technology Limited ( NSE:CLEAN ) is reducing its dividend from last year's comparable payment to...
Analysis Article May 15

Risks To Shareholder Returns Are Elevated At These Prices For Clean Science and Technology Limited (NSE:CLEAN)

When close to half the companies in India have price-to-earnings ratios (or "P/E's") below 22x, you may consider Clean...
Analysis Article Apr 02

Clean Science and Technology (NSE:CLEAN) Might Become A Compounding Machine

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...

Earnings and Revenue Growth Forecasts

NSEI:CLEAN - Analysts future estimates and past financials data (INR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/202918,4114,4282,6474,2195
3/31/202815,0613,5272,0233,49014
3/31/202711,6852,7631,8352,98713
3/31/20269,8912,2977352,745N/A
12/31/20259,7102,455N/AN/AN/A
9/30/20259,9202,6529622,648N/A
6/30/20259,8552,685N/AN/AN/A
3/31/20259,6662,6447192,138N/A
12/31/20249,3052,606N/AN/AN/A
9/30/20248,8442,5764092,231N/A
6/30/20248,2742,510N/AN/AN/A
3/31/20247,9152,440482,364N/A
12/31/20237,8082,543N/AN/AN/A
9/30/20238,2342,7554252,686N/A
6/30/20238,8982,912N/AN/AN/A
3/31/20239,3582,9529602,794N/A
12/31/20229,2352,770N/AN/AN/A
9/30/20228,6702,5123671,762N/A
6/30/20227,7272,368N/AN/AN/A
3/31/20226,8492,285-1241,272N/A
12/31/20216,1422,192N/AN/AN/A
9/30/20215,5882,1035331,914N/A
6/30/20215,4592,111N/AN/AN/A
3/31/20215,1241,9841,0841,928N/A
12/31/20204,8561,7811,1081,733N/A
3/31/20204,1931,3961,0981,601N/A
3/31/20193,933977N/A847N/A
3/31/20182,411489N/A450N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CLEAN's forecast earnings growth (18.9% per year) is above the savings rate (6.9%).

Earnings vs Market: CLEAN's earnings (18.9% per year) are forecast to grow faster than the Indian market (16.5% per year).

High Growth Earnings: CLEAN's earnings are forecast to grow, but not significantly.

Revenue vs Market: CLEAN's revenue (18.4% per year) is forecast to grow faster than the Indian market (10.5% per year).

High Growth Revenue: CLEAN's revenue (18.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CLEAN's Return on Equity is forecast to be low in 3 years time (18.8%).


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/18 15:04
End of Day Share Price 2026/05/18 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Clean Science and Technology Limited is covered by 23 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null null360 ONE Capital Market Private Limited
Kumar Saumya SinghAmbit Capital
Ashwin MehtaAmbit Capital