Karma Energy Ltd
KARMAENG NSE
Karma Energy Ltd
PowerNSE: KARMAENG BSE: 533451 Power Generation
Key Fundamentals
MicrocapPower GenerationPowerMarket Cap
₹46.28 Cr
Volatility
Moderate
P/E Ratio
44.79
EBITDA
₹9.20 Cr
Return on Equity
-5.37%
Debt to Equity
0.04
Book Value
₹35.29
52W High
₹73.7
52W Low
₹34.38
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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28 extracted metrics + investor summaries across FY15–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
4- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 1.17 times its book value
- Debtor days have improved from 203 to 46.0 days.
Weaknesses
4- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -15.8% over past five years.
- Company has a low return on equity of 1.92% over last 3 years.
Growth Rate
Revenue Growth
26.36% ↗
Net Income Growth
-87.97% ↗
Cash Flow Change
-110.25% ↘
ROE
-96.00% ↗
ROCE
-132.43% ↗
EBITDA Margin (Avg.)
-1040.00% ↘
Quarterly Results
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1.15 | 3.51 | 6.31 | 1.51 | 1.03 | 2.4 | 4.42 | 0.94 | 0.94 | 3.06 | 4.62 | 1.2 | 0.88 |
| Expenses | 2.55 | 2.44 | 2.12 | 2.24 | 3.5 | 2.2 | 2.26 | 2.32 | 1.47 | 3.15 | 3.03 | 3.12 | 3.32 |
| Operating Profit | -1.4 | 1.07 | 4.19 | -0.73 | -2.47 | 0.2 | 2.16 | -1.38 | -0.53 | -0.09 | 1.59 | -1.92 | -2.44 |
| OPM % | -121.74% | 30.48% | 66.4% | -48.34% | -239.81% | 8.33% | 48.87% | -146.81% | -56.38% | -2.94% | 34.42% | -160% | -277.27% |
| Other Income | 9.31 | 0.06 | 0 | 0.21 | 0.69 | 1.35 | 0.44 | 0.28 | 0.93 | 1.53 | 0.37 | 0.33 | 1.88 |
| Interest | 0.04 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.05 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 |
| Depreciation | 1.19 | 0.74 | 0.75 | 0.75 | 0.7 | 0.47 | 0.47 | 0.47 | 0.48 | 0.5 | 0.5 | 0.51 | 0.51 |
| PBT | 6.68 | 0.36 | 3.41 | -1.3 | -2.51 | 1.05 | 2.1 | -1.62 | -0.12 | 0.9 | 1.42 | -2.14 | -1.11 |
| Tax % | 36.08% | 19.44% | 24.93% | -23.08% | -30.68% | 11.43% | 17.62% | -13.58% | -225% | 32.22% | 26.06% | -110.75% | -26.13% |
| Net Profit | 4.26 | 0.29 | 2.57 | -0.99 | -1.74 | 0.93 | 1.72 | -1.4 | 0.15 | 0.61 | 1.05 | 0.22 | -0.82 |
| EPS in Rs | 3.68 | 0.25 | 2.22 | -0.86 | -1.5 | 0.8 | 1.49 | -1.21 | 0.13 | 0.53 | 0.91 | 0.19 | -0.71 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 15.32 | 13.97 | 27.47 | 33.5 | 29.11 | 35.88 | 23.07 | 27.53 | 12.81 | 12.35 | 8.7 | 9.76 |
| Expenses | 10.24 | 9 | 16.8 | 25.61 | 25.23 | 25.9 | 24.89 | 22.24 | 9.62 | 9.14 | 8.25 | 12.62 |
| Operating Profit | 5.08 | 4.97 | 10.67 | 7.89 | 3.88 | 9.98 | -1.82 | 5.29 | 3.19 | 3.21 | 0.45 | -2.86 |
| OPM % | 33.16% | 35.58% | 38.84% | 23.55% | 13.33% | 27.81% | -7.89% | 19.22% | 24.9% | 25.99% | 5.17% | -29.3% |
| Other Income | 2.72 | 5.58 | 1.15 | 0.31 | -0.53 | 0.99 | 0.49 | 0.95 | 9.98 | -0.18 | 3 | 4.1 |
| Interest | 7.13 | 6.99 | 7.77 | 4.5 | 4.22 | 5.35 | 5.25 | 3.41 | 1.14 | 0.12 | 0.15 | 0.16 |
| Depreciation | 4.9 | 5 | 4.98 | 4.98 | 4.96 | 5.42 | 5.11 | 5.09 | 4.83 | 2.94 | 1.89 | 2.02 |
| PBT | -4.23 | -1.44 | -0.93 | -1.28 | -5.83 | 0.2 | -11.69 | -2.26 | 7.2 | -0.03 | 1.41 | -0.94 |
| Tax % | -26% | 6.94% | -300% | -12.5% | -27.27% | 15% | -8.55% | -5.75% | 18.19% | -500% | 0% | -210.64% |
| Net Profit | -3.13 | -1.54 | 1.85 | -1.12 | -4.25 | 0.17 | -10.69 | -2.13 | 5.89 | 0.12 | 1.4 | 1.05 |
| EPS in Rs | -2.71 | -1.33 | 1.6 | -0.97 | -3.67 | 0.15 | -9.24 | -1.84 | 5.09 | 0.1 | 1.21 | 0.91 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 11.57 | 11.57 | 11.57 | 11.57 | 11.57 | 11.57 | 11.57 | 11.57 | 11.57 | 11.57 | 11.57 | 11.57 |
| Reserves | 31.53 | 29.98 | 43.48 | 62.12 | 36.17 | 34.25 | 20.99 | 18.64 | 26.9 | 26.87 | 28.25 | 29.26 |
| Borrowings | 50.44 | 73.41 | 59.29 | 44.31 | 56.66 | 71.14 | 64.78 | 18.8 | 6.28 | 1.08 | 1.95 | 1.52 |
| Other Liabilities | 23.08 | 21.7 | 19.26 | 24.26 | 15.36 | 14.32 | 15.22 | 14.4 | 10.72 | 10.52 | 10.23 | 4.71 |
| Total Liabilities | 117 | 137 | 134 | 142 | 120 | 131 | 113 | 63.41 | 55.47 | 50.04 | 52 | 47.06 |
| Fixed Assets | 58.1 | 53.1 | 47.89 | 42.92 | 45.1 | 42.31 | 37.46 | 32.37 | 27.38 | 23.29 | 22.06 | 21.21 |
| CWIP | 0.32 | 0.34 | 0.37 | 0.32 | 0.33 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 34.36 | 44.21 | 53.13 | 78.61 | 49.88 | 58.99 | 52.42 | 1.88 | 13.52 | 12.54 | 5.76 | 11.06 |
| Other Assets | 23.84 | 39.01 | 32.21 | 20.41 | 24.45 | 29.98 | 22.68 | 29.16 | 14.57 | 14.21 | 24.18 | 14.79 |
| Total Assets | 117 | 137 | 134 | 142 | 120 | 131 | 113 | 63.41 | 55.47 | 50.04 | 52 | 47.06 |
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 10.63 | -12.21 | 19.08 | 14.13 | 5.72 | 4.67 | 11.08 | -1.59 | 4.96 | 4.43 | 1.66 | 1.93 |
| Investing | -3.22 | -9.87 | -4.26 | 3.98 | -10.63 | -19.4 | 0.12 | 50.69 | 8.55 | 0.69 | -1.89 | -1.82 |
| Financing | -7.51 | 22.06 | -15.06 | -14.02 | 8.12 | 7.56 | -11.03 | -49.39 | -13.49 | -5.32 | 0.72 | -0.58 |
| Net Cash Flow | -0.1 | -0.02 | -0.24 | 4.09 | 3.21 | -7.16 | 0.17 | -0.3 | 0.02 | -0.2 | 0.49 | -0.47 |
| Free Cash Flow | 7.41 | -12.23 | 19.04 | 14.19 | -1.44 | 3.59 | 10.86 | -1.59 | 5.39 | 3.52 | 0.84 | 1.13 |
| CFO/OP | 275 | -245 | 191 | 194 | 185 | 48 | -671 | -29 | 199 | 163 | 462 | -88 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 371 | 798 | 333 | 83.02 | 124 | 161 | 107 | 131 | 301 | 271 | 292 | 46 |
| Cash Conversion Cycle | 371 | 798 | 333 | 83.02 | 124 | 161 | 107 | 131 | 301 | 271 | 292 | 46 |
| Working Capital Days | -121 | -668 | -392 | 45.65 | -169 | -306 | -623 | 92.01 | 104 | 208 | 632 | 498 |
| ROCE % | 1.55% | 0.34% | 5.97% | 2.77% | 0.78% | 5.01% | -6.01% | 1.57% | 6.98% | 2.44% | 0.98% | -4.76% |
Documents
1
Clarification On Price Movement
21 Apr - Karma Energy clarified price movement, saying no extraordinary events or information exist. 21 Apr - Karma Energy clarified price movement, saying no extraordinary events or information exist.
2
Clarification sought from Karma Energy Ltd
21 Apr - Exchange has sought clarification from Karma Energy Ltd on April 21, 2026 with reference to significant movement in price, in order to ensure that investors … 21 Apr - Exchange has sought clarification from Karma Energy Ltd on April 21, 2026 with reference to significant movement in price, in order to ensure that investors …
3
Clarification On Price Movement
7h - Karma Energy clarified price movement, saying no extraordinary events or information exist. 7h - Karma Energy clarified price movement, saying no extraordinary events or information exist.
4
Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Levy Of Fine By BSE Ltd
7 Apr - BSE levied Rs.5,80,560 fine for Regulation 17 and 20 non-compliance; company plans payment or waiver appeal. 7 Apr - BSE levied Rs.5,80,560 fine for Regulation 17 and 20 non-compliance; company plans payment or waiver appeal.
5
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
4 Apr - Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 in respect of quarter ended 31st March, 2026. 4 Apr - Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 in respect of quarter ended 31st March, 2026.
Frequently Asked Questions about Karma Energy Ltd
What does Karma Energy Ltd do?
Incorporated in 2007, Karma Energy Ltd is engaged in the generation of power from renewable sources like Wind. [1]
Where is Karma Energy Ltd (KARMAENG) listed?
Karma Energy Ltd is listed on the Indian stock exchanges. It is listed on NSE: KARMAENG and BSE: 533451. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Karma Energy Ltd belong to?
Karma Energy Ltd operates in the Power sector within the Power Generation industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Karma Energy Ltd?
Karma Energy Ltd has a market capitalisation of approximately ₹46.28 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of Karma Energy Ltd?
The Price-to-Earnings (PE) ratio of Karma Energy Ltd is 44.79. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Karma Energy Ltd?
Over the past 52 weeks, Karma Energy Ltd has traded between a low of ₹34.38 and a high of ₹73.7. This range helps investors understand the stock's price volatility and recent trading levels.
What is the Return on Equity (ROE) of Karma Energy Ltd?
Karma Energy Ltd has a Return on Equity (ROE) of -5.37%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Karma Energy Ltd on Tapetide?
On Tapetide, you can view Karma Energy Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Incorporated in 2007, Karma Energy Ltd is engaged in the generation of power from renewable sources like Wind. [1]
Website karmaenergy.co
CEO Mr. Chetan Durgadas Mehra B.Sc
Listed 2011-06-28
Face Value ₹ 10
Issued Size 1,15,69,918