Karma Energy Ltd

Karma Energy Ltd Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Karma Energy Ltd

₹ 70.4 1.96%
19 Apr - close price
karmaenergy.co BSE: 533451 NSE - BE : KARMAENG
About

Incorporated in 2007, Karma Energy Ltd deals in generation of power from renewable sources like Wind, Hydro, etc.[1]

Key Points

Business Overview:[1][2]
Company is in the business of power generation through renewable energy. It deals in wind power, hydropower, and solar power. The generated energy is transmitted via government-owned grids and state utilities. Company also generates revenue by selling wind power directly to state governments and by selling renewable energy certificates. The performance of company is directly linked to the Renewable Energy Policies of both Centre and State Governments, effectiveness of Nodal Agencies and formulation of supportive policies and implementation by State Electricity Regulatory Commissions

Website BSE NSE - BE
  • Market Cap ₹ 81.4 Cr.
  • Current Price ₹ 70.4
  • High / Low ₹ 106 / 31.1
  • Stock P/E 23.9
  • Book Value ₹ 35.7
  • Dividend Yield 0.00 %
  • ROCE 6.98 %
  • ROE 8.15 %
  • Face Value ₹ 10.0
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Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has delivered good profit growth of 35.1% CAGR over last 5 years

Cons

  • The company has delivered a poor sales growth of -17.5% over past five years.
  • Company has a low return on equity of -9.55% over last 3 years.
  • Earnings include an other income of Rs.9.58 Cr.
  • Company has high debtors of 301 days.
  • Working capital days have increased from 177 days to 253 days

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Power Generation & Distribution Industry: Power Generation And Supply

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
4.19 2.30 6.54 11.19 7.88 1.93 3.93 5.87 1.87 1.15 3.51 6.31 1.51
5.08 4.41 6.10 8.95 4.51 2.69 2.24 2.71 2.11 2.55 2.44 2.12 2.24
Operating Profit -0.89 -2.11 0.44 2.24 3.37 -0.76 1.69 3.16 -0.24 -1.40 1.07 4.19 -0.73
OPM % -21.24% -91.74% 6.73% 20.02% 42.77% -39.38% 43.00% 53.83% -12.83% -121.74% 30.48% 66.40% -48.34%
0.19 0.11 0.16 0.17 0.10 0.52 0.30 0.20 0.16 9.31 0.06 0.00 0.21
Interest 1.24 1.49 0.98 0.96 0.90 0.57 0.41 0.38 0.31 0.04 0.03 0.03 0.03
Depreciation 1.29 1.26 1.26 1.28 1.28 1.27 1.21 1.22 1.22 1.19 0.74 0.75 0.75
Profit before tax -3.23 -4.75 -1.64 0.17 1.29 -2.08 0.37 1.76 -1.61 6.68 0.36 3.41 -1.30
Tax % 35.91% -13.89% 16.46% -158.82% -5.43% -23.08% -129.73% -23.30% 12.42% 36.08% 19.44% 24.93% 23.08%
-2.06 -5.41 -1.37 0.44 1.37 -2.56 0.86 2.17 -1.41 4.26 0.29 2.57 -0.99
EPS in Rs -1.78 -4.68 -1.18 0.38 1.18 -2.21 0.74 1.88 -1.22 3.68 0.25 2.22 -0.86
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
25.36 30.14 28.56 15.32 13.97 27.47 33.50 29.11 35.88 23.07 27.53 12.81 12.48
8.49 10.21 12.90 10.24 9.00 16.80 25.61 25.23 25.90 24.89 22.24 9.62 9.35
Operating Profit 16.87 19.93 15.66 5.08 4.97 10.67 7.89 3.88 9.98 -1.82 5.29 3.19 3.13
OPM % 66.52% 66.12% 54.83% 33.16% 35.58% 38.84% 23.55% 13.33% 27.81% -7.89% 19.22% 24.90% 25.08%
4.47 1.70 2.68 2.72 5.58 1.15 0.31 -0.53 0.99 0.49 0.95 9.98 9.58
Interest 9.45 10.05 8.11 7.13 6.99 7.77 4.50 4.22 5.35 5.25 3.41 1.14 0.13
Depreciation 7.93 7.82 7.74 4.90 5.00 4.98 4.98 4.96 5.42 5.11 5.09 4.83 3.43
Profit before tax 3.96 3.76 2.49 -4.23 -1.44 -0.93 -1.28 -5.83 0.20 -11.69 -2.26 7.20 9.15
Tax % 40.66% 34.57% 38.15% 26.00% -6.94% 300.00% 12.50% 27.27% 15.00% 8.55% 5.75% 18.19%
2.35 2.46 1.53 -3.13 -1.54 1.85 -1.12 -4.25 0.17 -10.69 -2.13 5.89 6.13
EPS in Rs 2.03 2.13 1.32 -2.71 -1.33 1.60 -0.97 -3.67 0.15 -9.24 -1.84 5.09 5.29
Dividend Payout % 24.60% 23.52% 37.81% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: -8%
5 Years: -17%
3 Years: -29%
TTM: -8%
Compounded Profit Growth
10 Years: 0%
5 Years: 35%
3 Years: 154%
TTM: 462%
Stock Price CAGR
10 Years: 17%
5 Years: 34%
3 Years: 73%
1 Year: 97%
Return on Equity
10 Years: -4%
5 Years: -5%
3 Years: -10%
Last Year: 8%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 11.56 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 31.97 33.75 34.60 31.53 29.98 43.48 62.12 36.17 34.25 20.99 18.64 26.90 29.76
75.14 71.15 54.92 50.44 73.41 59.29 44.31 56.66 71.14 64.78 18.80 6.28 1.14
29.27 27.17 25.52 23.08 21.70 19.26 24.26 15.36 14.32 15.22 14.40 10.72 11.51
Total Liabilities 147.94 143.64 126.61 116.62 136.66 133.60 142.26 119.76 131.28 112.56 63.41 55.47 53.98
75.27 67.46 59.75 58.10 53.10 47.89 42.92 45.10 42.31 37.46 32.37 27.38 25.89
CWIP 0.06 0.15 0.29 0.32 0.34 0.37 0.32 0.33 0.00 0.00 0.00 0.00 0.00
Investments 31.23 31.61 34.36 34.36 44.21 53.13 78.61 49.88 58.99 52.42 1.88 13.52 8.28
41.38 44.42 32.21 23.84 39.01 32.21 20.41 24.45 29.98 22.68 29.16 14.57 19.81
Total Assets 147.94 143.64 126.61 116.62 136.66 133.60 142.26 119.76 131.28 112.56 63.41 55.47 53.98

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-5.96 5.59 19.08 10.63 -12.21 19.08 14.13 5.72 4.67 11.08 -1.59 4.96
-5.68 -0.47 -1.59 -3.22 -9.87 -4.26 3.98 -10.63 -19.40 0.12 50.69 8.55
14.33 -5.46 -15.78 -7.51 22.06 -15.06 -14.02 8.12 7.56 -11.03 -49.39 -13.49
Net Cash Flow 2.69 -0.34 1.71 -0.10 -0.02 -0.24 4.09 3.21 -7.16 0.17 -0.30 0.02

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 168.25 58.13 43.07 371.19 798.45 332.84 83.02 124.26 161.34 107.43 131.39 300.89
Inventory Days
Days Payable
Cash Conversion Cycle 168.25 58.13 43.07 371.19 798.45 332.84 83.02 124.26 161.34 107.43 131.39 300.89
Working Capital Days 310.60 261.34 97.90 4.05 385.90 123.97 45.65 33.73 57.68 107.27 171.96 253.02
ROCE % 16.65% 12.83% 9.85% 1.55% 0.34% 5.97% 2.77% 0.78% 5.01% -6.01% 1.57% 6.98%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
74.70% 74.70% 74.70% 74.70% 74.70% 74.70% 74.70% 74.70% 74.70% 74.70% 74.70% 74.70%
25.30% 25.30% 25.30% 25.30% 25.30% 25.30% 25.30% 25.29% 25.30% 25.30% 25.28% 25.29%
No. of Shareholders 7,0227,4647,4847,7227,8387,9937,9937,7697,6307,7168,3148,749

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