# Clean Science and Technology (CLEAN) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/clean

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹670
- Change: -1.28%
- As of: 2026-11-06
- 1D return: -1.28%
- 5D return: -6.37%
- 1M return: -15.91%
- Latest complete quarter: fy27_q2

## Faxioms Analysis

_As of 2026-11-06_

### Technical Outlook

CLEAN is in a confirmed bearish trend across daily, weekly, and monthly timeframes as of 2026-11-06. The stock closed at ₹670.00, trading below all key moving averages (EMA/SMA 20/50/200) and the Supertrend indicator. Trend strength is established on daily (ADX 28.5) and monthly (ADX 38.08) charts, with Minus DI significantly outpacing Plus DI, indicating sustained selling pressure.

Price positioning is near multi-period lows: +13.8% above the 20-day low, +10.9% above the 50-day low, and +6.1% above the 252-day low. Recent price action shows weakness, including an extreme volume-driven drop on 2026-11-02 (-7.4%) and a moderate downward gap on 2026-11-06 (-1.3%). An active 'Inside Bar' pattern on the daily chart suggests consolidation or indecision following the sharp decline.

Risk metrics are elevated, with annualized volatility at +33.6% and ATR at 4.04%. The stock has suffered a current drawdown of -56.8%, nearing its maximum historical drawdown of -57.6%. Immediate resistance lies at the pivot level of ₹673.92 (+0.58%), while support is found at ₹665.73 (-0.64%).

The setup remains bearish until price closes decisively above the nearest resistance at ₹673.92 and reclaims short-term moving averages. Failure to hold above ₹665.73 could expose further downside toward ₹652.77.

- Trend Direction: Bearish across daily, weekly, and monthly horizons; price trades below all major MAs and Supertrend.
- Momentum & Participation: Established downtrend (Daily ADX 28.5, Monthly ADX 38.08); -DI dominates +DI.
- Key Levels: Resistance at ₹673.92 (+0.58%); Support at ₹665.73 (-0.64%).
- Risk Profile: High volatility (33.6% annualized); Current drawdown -56.8%, near max -57.6%.

- Inside Bar
- Evening Star
- Bearish Engulfing Reversal
- Outside Bar

### News Context

On 2 November 2026, two major Indian brokerages issued divergent views on Clean Science & Technology, highlighting a split in analyst sentiment. Motilal Oswal assigned a 'Neutral' rating with a price target of ₹770, while Prabhudas Lilladher recommended an 'Accumulate' stance with a slightly lower target of ₹769. These ratings suggest that while some analysts see value at current levels (Prabhudas Lilladher), others perceive limited upside or higher risk relative to the fair value estimate (Motilal Oswal). The narrow range between the two targets (₹769–₹770) indicates a consensus on the stock's valuation floor, despite differing tactical recommendations. Investors should monitor these external opinions as conditional signals rather than factual outcomes, noting that brokerage views are based on specific models and assumptions not disclosed in the provided summaries.

- Motilal Oswal rated Clean Science & Technology as 'Neutral' with a price target of ₹770 on 2 Nov 2026.
- Prabhudas Lilladher recommended 'Accumulate' for the same stock with a price target of ₹769 on 2 Nov 2026.
- The tight convergence of price targets (₹769 vs ₹770) suggests aligned valuation estimates despite divergent trading recommendations.

- [Neutral Clean Science & Technology; target of Rs 770: Motilal Oswal](https://www.moneycontrol.com/news/business/neutral-clean-science-technology-target-of-rs-770-motilal-oswal-14066376.html)
- [Accumulate Clean Science and Technology; target of Rs 769: Prabhudas Lilladher](https://www.moneycontrol.com/news/business/earnings/accumulate-clean-science-and-technology-target-of-rs-769-prabhudas-lilladher-14066112.html)

### Official Filings

Clean Science and Technology Limited’s Board approved unaudited financial results for the half-year ended September 30, 2026, on October 31, 2026. Consolidated revenue from operations reached ₹8,153.35 million with a profit before tax of ₹1,714.37 million. For the quarter ended September 30, 2026 (Q2 FY27), consolidated revenues were ₹295–₹299 crore, representing a 22–23% year-over-year increase, while Profit After Tax remained stable at ₹56 crore against ₹55 crore in the prior year period.

Management highlighted a fundamental shift in the HALS segment, which doubled year-on-year growth and achieved profitability. Strategic initiatives include backward integration to improve margins by 5–7%, capacity expansion from ~11,500 tons to ~12,500 tons, and capital expenditure of approximately ₹150 crore towards its subsidiary, Clean Fino Chem Ltd. (CFCL). CFCL completed advanced product trials with Geneus Chem AG, with commercialization targeted for H2 FY27. However, raw material cost increases due to Middle East tensions compressed standalone margins despite volume-led growth.

- H1 FY27 Consolidated Revenue: ₹8,153.35 million; Consolidated PBT: ₹1,714.37 million
- Q2 FY27 Performance: Revenue grew 22–23% YoY to ₹295–₹299 crore; PAT stable at ₹56 crore
- HALS Segment Shift: Volume doubled YoY, achieved PAT positivity; margin improvement target of 5–7% via backward integration
- Capacity & New Products: HALS capacity expanding to ~12,500 tons; Performance Chemical 2 and CFCL products targeted for H2 FY27 commercialization
- Margin Pressure: Standalone margins compressed due to rising raw material costs linked to Middle East tensions

- [Clean Science and Technology Limited has informed the Exchange about Transcripts - earnings or quarterly calls |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_19367_WebXMLFile_20261105_103438794.xml)
- [Further to our letter dated 22nd October, 2026 and in terms of Regulation 30 read with Schedule III - Part A to the Listing Regulations, please find enclosed herewith the transcript of conference call on the Company s Q2 FY26-27 Earnings held on Saturday, 31st October, 2026. |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/CLEAN_05112026103823_Transcript_con_call_31102026.pdf)
- [Pursuant to Regulation 30 read with Schedule III and Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed copies of the newspaper advertisement published in Business Standard (English edition) and Loksatta (Marathi edition) on Monday, 2nd November, 2026 regarding the Unaudited Financial Results (Standalone and Consolidated) for the Quarter and Half year ended 30th September, 2026. |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/CLEAN_02112026150050_Newspaper_Advertisement_Q2FY27.pdf)
- [Further to our letter dated 17th October, 2026 and in compliance with Regulation 30 read with Schedule III and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ( SEBI Listing Regulations, 2015 ) we hereby inform you that, the Board of Directors of the Company at their meeting held today viz. Saturday, 31st October, 2026, have approved the Un-Audited Standalone and Consolidated Financial Results for the Quarter and Half Year ended 30th September, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/CLEAN_31102026143234_Outcome_BM_31102026.pdf)
- [Clean Science And Technology Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation](https://nsearchives.nseindia.com/corporate/CLEAN_31102026144221_Investor_Presentation_31_10_2026.pdf)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1750701_31102026045531_WEB.xml)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1750702_31102026045632_WEB.xml)
- [Clean Science And Technology Limited has informed the Exchange about Link of Recording |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/CLEAN_31102026180359_Intimation_of_Recording_of_Con_call_31102026.pdf)
- [Clean Science and Technology Limited has informed the Exchange about Audio Recording/Video Recording |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_19367_WebXMLFile_20261031_180944013.xml)
- [Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for intimation of successful conduct and completion of product trials by Clean Fino-Chem Limited, Wholly Owned Subsidiary of the Company. |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/CLEAN_29102026190812_Intimation_of_Completion_of_Trials_.pdf)

### Fundamentals

Clean Science and Technology reported a sequential revenue increase to ₹299 crore in Q2 FY2026-27, up from ₹268 crore in Q1. However, this top-line growth was accompanied by a sharp rise in expenses to ₹231 crore (from ₹193 crore), causing Profit Before Tax to fall sequentially to ₹74.4 crore from ₹97.6 crore. This margin compression is evident in the quarterly EPS decline from ₹6.9 to ₹5.24. On an annual basis, while TTM sales grew 5% to ₹1,037 crore, TTM net profit contracted by 12% to ₹233 crore, reflecting persistent profitability pressure.

Financial health remains robust with negligible borrowings (₹2 crore) and strong cash generation; CFO/EBITDA improved to 103% in FY2026. The balance sheet shows significant capital expansion, with Capital Work-in-Progress rising to ₹156 crore and total assets increasing to ₹1,920 crore as of Sep 2026. Working capital efficiency has deteriorated, with the Cash Conversion Cycle widening to 118 days in Mar 2026 from 99 days in Mar 2024, driven by higher inventory days (157 days). Promoter holding stabilized at 51.29% in Sep 2026 after a significant dilution from 74.97% in Sep 2024.

- Q2 FY2026-27 revenue rose 11.7% sequentially to ₹299 crore, but PBT fell 23.7% to ₹74.4 crore due to expenses jumping 19.7% to ₹231 crore.
- TTM net profit declined 12% to ₹233 crore despite 5% TTM sales growth, indicating margin erosion over the trailing twelve months.
- Balance sheet strength persists with minimal debt (₹2 crore) and high cash conversion (CFO/EBITDA at 103% in FY2026), though working capital cycles lengthened to 118 days.
- Promoter stake stabilized at 51.29% in Sep 2026, down from 74.97% in Sep 2024, while DII/FII holdings increased significantly.

### Bear Case

Clean Science and Technology (NSE) exhibits significant technical weakness as of November 6, 2026, with the stock trading at ₹670.00, down 1.3% from the previous close of ₹678.70. The daily trend is bearish, characterized by a Supertrend signal indicating downward pressure and negative slopes across key moving averages: the 20-day EMA slope is -38.6, the 20-day SMA slope is -35.5, and the 50-day SMA slope is -16.06. This indicates sustained selling momentum over multiple timeframes.

Performance metrics reflect substantial recent losses. The stock has declined 18.6% over the past month, 22.0% over six months, and 31.7% over the last year. Year-to-date returns stand at -22.0%, while the maximum drawdown recorded is -57.6%, with the current drawdown at -56.8%. Volatility remains elevated, with annualized volatility at +33.6% and an Average True Range (ATR) of 4.04%. Brokerage sentiment appears cautious; Motilal Oswal has assigned a neutral rating with a target of ₹770, while Prabhudas Lilladher recommends accumulating with a target of ₹769. Both targets are significantly above the current price, suggesting limited near-term upside potential relative to the current downtrend.

- Daily technicals are bearish: Supertrend direction is down, with negative slopes for the 20-day EMA (-38.6), 20-day SMA (-35.5), and 50-day SMA (-16.06).
- Recent performance is weak: Returns are -18.6% (1-month), -22.0% (6-month), and -31.7% (1-year); YTD return is -22.0%.
- High volatility and drawdown: Annualized volatility is +33.6%; current drawdown is -56.8% against a maximum drawdown of -57.6%.
- Brokerage targets imply limited near-term upside: Neutral (Motilal Oswal, ₹770) and Accumulate (Prabhudas Lilladher, ₹769) ratings sit well above the current ₹670.00 price.

- [Neutral Clean Science & Technology; target of Rs 770: Motilal Oswal](https://www.moneycontrol.com/news/business/neutral-clean-science-technology-target-of-rs-770-motilal-oswal-14066376.html)
- [Accumulate Clean Science and Technology; target of Rs 769: Prabhudas Lilladher](https://www.moneycontrol.com/news/business/earnings/accumulate-clean-science-and-technology-target-of-rs-769-prabhudas-lilladher-14066112.html)
- [Clean Science and Technology Limited has informed the Exchange about Transcripts - earnings or quarterly calls |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_19367_WebXMLFile_20261105_103438794.xml)
- [Further to our letter dated 22nd October, 2026 and in terms of Regulation 30 read with Schedule III - Part A to the Listing Regulations, please find enclosed herewith the transcript of conference call on the Company s Q2 FY26-27 Earnings held on Saturday, 31st October, 2026. |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/CLEAN_05112026103823_Transcript_con_call_31102026.pdf)
- [Pursuant to Regulation 30 read with Schedule III and Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed copies of the newspaper advertisement published in Business Standard (English edition) and Loksatta (Marathi edition) on Monday, 2nd November, 2026 regarding the Unaudited Financial Results (Standalone and Consolidated) for the Quarter and Half year ended 30th September, 2026. |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/CLEAN_02112026150050_Newspaper_Advertisement_Q2FY27.pdf)
- [Further to our letter dated 17th October, 2026 and in compliance with Regulation 30 read with Schedule III and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ( SEBI Listing Regulations, 2015 ) we hereby inform you that, the Board of Directors of the Company at their meeting held today viz. Saturday, 31st October, 2026, have approved the Un-Audited Standalone and Consolidated Financial Results for the Quarter and Half Year ended 30th September, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/CLEAN_31102026143234_Outcome_BM_31102026.pdf)
- [Clean Science And Technology Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation](https://nsearchives.nseindia.com/corporate/CLEAN_31102026144221_Investor_Presentation_31_10_2026.pdf)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1750701_31102026045531_WEB.xml)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1750702_31102026045632_WEB.xml)
- [Clean Science And Technology Limited has informed the Exchange about Link of Recording |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/CLEAN_31102026180359_Intimation_of_Recording_of_Con_call_31102026.pdf)

### FAQs

**What were Clean Science & Technology's financial results for Q2 FY2027?**

For the quarter ended September 30, 2026 (Q2 FY2027), Clean Science reported consolidated revenues of ₹295 crore, up 23% year-on-year. Consolidated Profit After Tax (PAT) was ₹56 crore, compared to ₹55 crore in Q2 FY2026. The company also incurred approximately ₹150 crore in capital expenditure during H1 FY2027.

**How is the HALS segment performing and what are the margin outlooks?**

The HALS segment grew two times year-on-year and reached profitability (PAT positive). Management highlighted a fundamental shift in this segment. However, raw material costs rose significantly due to Middle East tensions, which compressed standalone margins despite volume-led growth. Backward integration initiatives aim to improve margins by 5-7%.

**What new products or capacity expansions are planned?**

Capacity expansion plans aim to raise total HALS capacity from approximately 11,500 tons to ~12,500 tons. Performance Chemical 2 is targeted for commercialization in Q4 FY27. Additionally, wholly-owned subsidiary Clean Fino Chem Ltd. (CFCL) completed advanced HALS product trials with Geneus Chem AG, with a commercial launch expected in H2 FY2026–27.

**What is the current technical trend and price performance?**

As of November 6, 2026, the stock closed at ₹670.00. Technical indicators show a bearish trend across daily, weekly, and monthly timeframes. The stock has declined -31.7% over the past year and -22.0% year-to-date. Immediate support is noted around ₹665.73, while resistance lies near ₹673.92.

- [Neutral Clean Science & Technology; target of Rs 770: Motilal Oswal](https://www.moneycontrol.com/news/business/neutral-clean-science-technology-target-of-rs-770-motilal-oswal-14066376.html)
- [Accumulate Clean Science and Technology; target of Rs 769: Prabhudas Lilladher](https://www.moneycontrol.com/news/business/earnings/accumulate-clean-science-and-technology-target-of-rs-769-prabhudas-lilladher-14066112.html)
- [Clean Science and Technology Limited has informed the Exchange about Transcripts - earnings or quarterly calls |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_19367_WebXMLFile_20261105_103438794.xml)
- [Further to our letter dated 22nd October, 2026 and in terms of Regulation 30 read with Schedule III - Part A to the Listing Regulations, please find enclosed herewith the transcript of conference call on the Company s Q2 FY26-27 Earnings held on Saturday, 31st October, 2026. |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/CLEAN_05112026103823_Transcript_con_call_31102026.pdf)
- [Pursuant to Regulation 30 read with Schedule III and Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed copies of the newspaper advertisement published in Business Standard (English edition) and Loksatta (Marathi edition) on Monday, 2nd November, 2026 regarding the Unaudited Financial Results (Standalone and Consolidated) for the Quarter and Half year ended 30th September, 2026. |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/CLEAN_02112026150050_Newspaper_Advertisement_Q2FY27.pdf)
- [Further to our letter dated 17th October, 2026 and in compliance with Regulation 30 read with Schedule III and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ( SEBI Listing Regulations, 2015 ) we hereby inform you that, the Board of Directors of the Company at their meeting held today viz. Saturday, 31st October, 2026, have approved the Un-Audited Standalone and Consolidated Financial Results for the Quarter and Half Year ended 30th September, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/CLEAN_31102026143234_Outcome_BM_31102026.pdf)
- [Clean Science And Technology Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation](https://nsearchives.nseindia.com/corporate/CLEAN_31102026144221_Investor_Presentation_31_10_2026.pdf)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1750701_31102026045531_WEB.xml)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1750702_31102026045632_WEB.xml)
- [Clean Science And Technology Limited has informed the Exchange about Link of Recording |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/CLEAN_31102026180359_Intimation_of_Recording_of_Con_call_31102026.pdf)
## Technical analytics

- As of: 2026-11-06
- Daily trend: Moderate Downtrend
- Weekly trend: Moderate Downtrend
- Pivot point: ₹673.92
- Risk regime: Higher Price Risk

### Support levels
- 652
- 665.7333333333335
- 652.7666666666668

### Resistance levels
- 731.9875
- 794.0749999999999
- 810.78984375

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | -1.28% |
| return_10 | -6.10% |
| return_1m | -18.61% |
| return_1y | -31.72% |
| return_20 | -15.91% |
| return_3m | -13.17% |
| return_5 | -6.37% |
| return_6m | -22.02% |
| return_since_start | -56.58% |
| return_ytd | -22.00% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | high_risk |
| label | Higher price risk |
| summary | Recent drawdown or price variability is materially high and may lead to larger short-term outcomes. |
| maximum_drawdown | -57.63% |
| annualized_volatility | +33.61% |

## Quarterly financials

- Latest complete quarter: fy27_q2

# Clean Science and Technology Limited Q2 FY2026-27: Revenue rises 22%, profit is flat

Revenue from operations increased 22.4% year on year to ₹299.4 crore and 11.5% sequentially, reaching a fifth consecutive quarterly high in the period shown. Profit before tax was nearly unchanged year on year at ₹74.4 crore, while net profit rose 0.5% to ₹55.7 crore; both fell about 24% from Q1 FY2026-27.

Sequential expenses grew faster than revenue. Operating cash flow was ₹71.9 crore, while inventories and receivables were higher at 30 September 2026 than at 31 March 2026.

## Revenue growth and expenses

Revenue from operations rose from ₹244.6 crore in Q2 FY2025-26 to ₹299.4 crore in Q2 FY2026-27. It increased consecutively from ₹219.7 crore in Q3 FY2025-26 to ₹249.3 crore in Q4 FY2025-26, ₹268.4 crore in Q1 FY2026-27 and ₹299.4 crore in Q2 FY2026-27.

Total expenses were ₹230.6 crore, up 19.4% from ₹193.1 crore in Q1 FY2026-27. Other expenses increased 26.0% sequentially to ₹63.6 crore, and cost of materials consumed was ₹148.9 crore. The sequential increase in expenses exceeded the 11.5% rise in revenue.

## Profit and per-share earnings

Profit before tax was ₹74.4 crore, down 23.7% from ₹97.6 crore in Q1 FY2026-27 and 0.6% from ₹74.9 crore in Q2 FY2025-26. Net profit was ₹55.7 crore, compared with ₹73.4 crore in Q1 FY2026-27 and ₹55.4 crore a year earlier. Tax expense declined to ₹18.7 crore from ₹24.2 crore sequentially.

Basic and diluted earnings per share were ₹5.24, versus ₹6.90 in Q1 FY2026-27. Basic EPS was up 0.4% from ₹5.22 in Q2 FY2025-26, while diluted EPS rose 0.6% from ₹5.21. Trailing-twelve-month EPS was ₹21.94.

## Cash generation and investment

Operating cash flow was ₹71.9 crore in Q2 FY2026-27. Investing and financing cash flows were outflows of ₹39.6 crore and ₹44.2 crore, respectively; free cash flow was ₹32.2 crore.

Capital work in progress stood at ₹156.4 crore on 30 September 2026, up from ₹118.0 crore on 31 March 2026.

## Working capital and balance sheet

At 30 September 2026, inventories were ₹221.5 crore, compared with ₹153.7 crore at 31 March 2026. Trade receivables increased to ₹262.9 crore from ₹206.4 crore, while trade payables rose to ₹163.4 crore from ₹115.7 crore.

Current assets were ₹953.2 crore and current liabilities ₹213.4 crore. Cash and cash equivalents stood at ₹16.1 crore, down from ₹28.0 crore at 31 March 2026. Total assets were ₹1,920.4 crore, and equity was ₹1,671.8 crore, compared with ₹1,583.8 crore at 31 March 2026.

## Key Takeaway

Revenue reached a fifth consecutive quarterly high in the periods shown, but profit remained near its year-earlier level and declined sharply from Q1 FY2026-27. Faster sequential expense growth and higher inventory and receivables balances are important alongside quarterly operating cash flow of ₹71.9 crore.

### Ratios

## Shareholding pattern

- Quarter: FY2026-Q3
- As of: 2025-12-31
- Promoter holding: +50.96%
- FII holding: +10.01%
- DII holding: +19.76%
- Mutual fund holding: +13.53%
- Retail holding: +12.45%
- Promoter pledged: +0.00%

### Major reported shareholders

- Ashokkumar Ramkishan Sikchi Huf — +9.96%
- Asha Ashok Boob — +9.60%
- Nilima Krishnakumar Boob — +6.33%
- Ashok Ramnarayan Boob Huf — +5.51%
- Siddhartha Ashok Sikchi — +5.41%
- Nippon Life India Trustee Ltd-A/C Nippon India Small Cap Fund — +4.30%
- Anantroop Financial Advisory Services Private Limited — +3.92%
- Ashok Ramnarayan Boob — +3.45%
- Sbi Small Cap Fund — +3.16%
- Krishnakumar Ramnarayan B Oob Huf — +3.04%

## Official filings

- 2026-11-05 — Generic Announcement: Clean Science and Technology Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_19367_WebXMLFile_20261105_103438794.xml)
- 2026-11-05 — Generic Announcement: Clean Science and Technology Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CLEAN_05112026103823_Transcript_con_call_31102026.pdf)
- 2026-11-02 — Generic Announcement: Clean Science and Technology Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CLEAN_02112026150050_Newspaper_Advertisement_Q2FY27.pdf)
- 2026-10-31 — Generic Announcement: Clean Science and Technology Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CLEAN_31102026143234_Outcome_BM_31102026.pdf)
- 2026-10-31 — Earnings Presentation: Clean Science and Technology Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CLEAN_31102026144221_Investor_Presentation_31_10_2026.pdf)
- 2026-10-31 — Financial Results Filing: Clean Science And Technology Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1750701_31102026045531_WEB.xml)
- 2026-10-31 — Financial Results Filing: Clean Science And Technology Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1750702_31102026045632_WEB.xml)
- 2026-10-31 — Generic Announcement: Clean Science and Technology Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CLEAN_31102026180359_Intimation_of_Recording_of_Con_call_31102026.pdf)
- 2026-10-31 — Generic Announcement: Clean Science and Technology Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_19367_WebXMLFile_20261031_180944013.xml)
- 2026-10-29 — Generic Announcement: Clean Science and Technology Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CLEAN_29102026190812_Intimation_of_Completion_of_Trials_.pdf)
- 2026-10-22 — Generic Announcement: Clean Science and Technology Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_19367_WebXMLFile_20261022_160546058.xml)
- 2026-10-22 — Generic Announcement: Clean Science and Technology Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CLEAN_22102026161550_Intimation_of_Conference_call_31102026.pdf)
- 2026-10-17 — Board Meeting Notice: Clean Science and Technology Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_19367_WebXMLFile_20261017_142729581.xml)
- 2026-10-17 — Generic Announcement: Clean Science and Technology Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_19367_WebXMLFile_20261017_142729581.xml)
- 2026-10-17 — Board Meeting Notice: Clean Science and Technology Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CLEAN_17102026143457_Intimation_of_Board_Meeting_of_31102026.pdf)
- 2026-10-17 — Shareholding Disclosure: Clean Science and Technology Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1740711_17102026024216_WEB.xml)
- 2026-10-08 — Generic Announcement: Clean Science and Technology Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CLEAN_08102026103007_Intimation_74_5_Q2_FY27.pdf)
- 2026-09-30 — Generic Announcement: Clean Science and Technology Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CLEAN_30092026164928_Intimation_Conclusion_GST_Proceedings.pdf)
- 2026-09-24 — Generic Announcement: Clean Science and Technology Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CLOSURE_TRADING_WINDOW_19367_WebXMLFile_20260924_123600841.xml)
- 2026-09-24 — Generic Announcement: Clean Science and Technology Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CLEAN_24092026123438_Intimation_of_Trading_Window_Closure_Q2FY27.pdf)
- 2026-09-24 — Credit Rating Update: Clean Science and Technology Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CLEAN_24092026130037_Intimation_of_Credit_Ratings.pdf)
- 2026-09-23 — Generic Announcement: Clean Science and Technology Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CLEAN_23092026174855_Intimation_of_Additional_Investment_in_WOS_September_2026.pdf)
- 2026-09-23 — Generic Announcement: Clean Science and Technology Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CLEAN_23092026204111_Intimation_of_Search_seizure_23092026.pdf)
- 2026-09-12 — Generic Announcement: Clean Science and Technology Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_19367_WebXMLFile_20260912_172248392.xml)
- 2026-09-12 — Generic Announcement: Clean Science and Technology Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CLEAN_12092026172907_Outcome_AGM_scrutinizers_Report_12092026.pdf)

## News and market events

- 2026-11-02 — MONEYCONTROL: **Neutral Clean Science & Technology; target of Rs 770: Motilal Oswal** — Motilal Oswal has assigned a neutral rating to Clean Science & Technology and set a price target of Rs 770 for the stock. — [Source](https://www.moneycontrol.com/news/business/neutral-clean-science-technology-target-of-rs-770-motilal-oswal-14066376.html)
- 2026-11-02 — MONEYCONTROL: **Accumulate Clean Science and Technology; target of Rs 769: Prabhudas Lilladher** — Brokerage firm Prabhudas Lilladher has issued a recommendation to accumulate shares of Clean Science and Technology with a price target of Rs 769. — [Source](https://www.moneycontrol.com/news/business/earnings/accumulate-clean-science-and-technology-target-of-rs-769-prabhudas-lilladher-14066112.html)
- 2026-10-22 — MONEYCONTROL: **Accumulate Clean Science and Technology; target of Rs 827: Prabhudas Lilladher** — Prabhudas Lilladher, accumulate, Clean Science and Technology, Recommendations — [Source](https://www.moneycontrol.com/news/business/accumulate-clean-science-and-technology-target-of-rs-827-prabhudas-lilladher-14057276.html)
- 2026-09-14 — Mint: **Top stocks in focus tomorrow: Investors must watch HDFC Bank, HCL Tech, Sun Pharma shares on Tue, 15 Sept | Triggers** — On September 15, Indian stock market investors will focus on HCL Technologies, KEC International, and HDFC Bank amid important announcements. Key highlights involve HCL's new AI partnership, KEC's orders, and Dr. Reddy's FDA assessment. Dividends and corporate changes are also significant. — [Source](https://www.livemint.com/market/stock-market-news/top-stocks-in-focus-tomorrow-investors-must-watch-hdfc-bank-hcl-tech-sun-pharma-shares-on-tue-15-sept-triggers-11789391805059.html)
- 2026-09-03 — Mint: **Stock market today: Gift Nifty hints a positive start; eight day trading stocks to buy on Thursday, 3 September** — Indian stock market indices are expected to open higher, following positive global cues. However, previous sessions saw declines in the Sensex and Nifty 50. Global uncertainties related to the US-Iran conflict continue to weigh on market sentiment. — [Source](https://www.livemint.com/market/stock-market-news/stock-market-today-gift-nifty-hints-a-positive-start-eight-day-trading-stocks-to-buy-on-thursday-3-september-11788400588885.html)
- 2026-09-03 — Mint: **Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today —3 September 2026** — Breakout stocks to buy or sell: Sumeet Bagadia recommends five breakout stocks to buy today —Raymond, Innova Captab, Clean Science and Technology, Shilpa Medicare, and Gufic BioSciences. — [Source](https://www.livemint.com/market/stock-market-news/breakout-stocks-to-buy-or-sell-sumeet-bagadia-recommends-five-shares-to-buy-today-3-september-2026-11788396732364.html)
- 2026-08-14 — Mint: **Raja Venkatraman recommends three stocks for 14 August** — Market expert Raja Venkatraman shares his top stock picks for 14 August. Here’s his technical outlook and trade strategy. — [Source](https://www.livemint.com/market/stock-market-news/raja-venkatraman-recommends-three-stocks-for-14-august-11786640203624.html)
- 2026-08-03 — MONEYCONTROL: **Buy Clean Science and Technology; target of Rs 790: Motilal Oswal** — Motilal Oswal, Neutral, Clean Science and Technology, Recommendations — [Source](https://www.moneycontrol.com/news/business/stocks/buy-clean-science-and-technology-target-of-rs-790-motilal-oswal-13992414.html)
- 2026-08-01 — The Hindu: **Q1 Results Today Live: Divis Laboratories, Muthoot Finance, APL Apollo Tubes, Gujarat Ambuja Exports, Clean Science & Technology to announce Q1 results** — Q1 Results Today, 01st August 2026 Live Updates: Follow BusinessLine's live coverage of Q1 FY27 earnings on August 1, 2026. Stay updated with the latest financial results, key announcements, earnings highlights and market reaction from companies scheduled to report their June quarter performance today. — [Source](https://www.thehindubusinessline.com/markets/stock-markets/q1-results-today-live-updates-divis-laboratories-muthoot-finance-apl-apollo-tubes-gujarat-ambuja-exports-clean-scinece-and-technology-results-01-august-2026/article71293498.ece)

## Business profile

**Strategic vision:** Manufactures fine and specialty chemicals using sustainable processes.

### Business segments
- **FMCG Chemicals:** Products catering to the Fast-Moving Consumer Goods sector.
- **Performance Chemicals:** Chemicals designed to enhance the performance of various applications.
- **Pharma & Agro Intermediates:** Chemical intermediates used in the pharmaceutical and agricultural industries.

### Competitive strengths
- Proprietary catalytic manufacturing processes
- Focus on eco-friendly and sustainable operations
- In-house research and development capabilities

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## Freshness and sources

- Data as of: 2026-11-06
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/clean
Markdown representation: https://faxioms.com/stocks/clean?render=md