Karma Energy Ltd
Incorporated in 2007, Karma Energy Ltd deals in generation of power from renewable sources like Wind, Hydro, etc.[1]
- Market Cap ₹ 43.5 Cr.
- Current Price ₹ 38.0
- High / Low ₹ 88.0 / 35.3
- Stock P/E
- Book Value ₹ 26.1
- Dividend Yield 0.00 %
- ROCE 4.07 %
- ROE -8.08 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -0.60% over past five years.
- Company has a low return on equity of -21.0% over last 3 years.
- Company's cost of borrowing seems high
- Working capital days have increased from -462 days to 79.9 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 17.14 | 26.89 | 31.71 | 31.47 | 19.44 | 18.98 | 32.62 | 40.30 | 34.70 | 41.88 | 25.28 | 31.66 | |
| 6.71 | 10.26 | 14.92 | 17.87 | 13.34 | 12.28 | 19.39 | 28.39 | 28.46 | 28.90 | 26.54 | 23.41 | |
| Operating Profit | 10.43 | 16.63 | 16.79 | 13.60 | 6.10 | 6.70 | 13.23 | 11.91 | 6.24 | 12.98 | -1.26 | 8.25 |
| OPM % | 60.85% | 61.84% | 52.95% | 43.22% | 31.38% | 35.30% | 40.56% | 29.55% | 17.98% | 30.99% | -4.98% | 26.06% |
| 2.27 | 3.13 | 1.23 | 2.14 | 2.80 | 5.84 | 1.10 | 0.38 | -3.72 | 1.18 | 0.49 | 0.95 | |
| Interest | 4.38 | 9.58 | 12.05 | 11.75 | 12.21 | 12.50 | 11.54 | 7.85 | 6.86 | 7.38 | 7.18 | 4.85 |
| Depreciation | 7.81 | 8.01 | 9.27 | 9.55 | 6.51 | 6.58 | 6.50 | 6.26 | 6.17 | 6.62 | 6.32 | 6.10 |
| Profit before tax | 0.51 | 2.17 | -3.30 | -5.56 | -9.82 | -6.54 | -3.71 | -1.82 | -10.51 | 0.16 | -14.27 | -1.75 |
| Tax % | -1.96% | 80.18% | -26.97% | -26.26% | -33.40% | 16.67% | -43.13% | 105.49% | 9.61% | 6.25% | -7.01% | -7.43% |
| 0.52 | 0.43 | -2.42 | -4.10 | -6.51 | -7.59 | -2.10 | -3.71 | -11.52 | 0.16 | -13.27 | -1.62 | |
| EPS in Rs | 0.50 | 0.32 | -0.86 | -1.18 | -4.03 | -3.93 | -0.07 | -2.11 | -8.63 | -0.24 | -11.47 | -1.40 |
| Dividend Payout % | 0.00% | 156.22% | -57.85% | -84.45% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | -1% |
| 3 Years: | -3% |
| TTM: | 25% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 19% |
| TTM: | 88% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 21% |
| 3 Years: | 8% |
| 1 Year: | -32% |
| Return on Equity | |
|---|---|
| 10 Years: | -10% |
| 5 Years: | -11% |
| 3 Years: | -21% |
| Last Year: | -8% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 11.56 | 11.56 | 11.57 | 11.57 | 11.57 | 11.57 | 11.57 | 11.57 | 11.57 | 11.57 | 11.57 | 11.57 |
| Reserves | 31.39 | 30.51 | 28.83 | 26.94 | 22.34 | 17.79 | 47.38 | 69.99 | 29.78 | 14.88 | -1.68 | 18.64 |
| 0.00 | 91.13 | 70.75 | 99.09 | 105.42 | 109.71 | 91.49 | 72.79 | 85.80 | 98.14 | 93.36 | 18.81 | |
| 120.87 | 37.03 | 44.81 | 22.30 | 16.15 | 24.87 | 22.07 | 29.11 | 18.97 | 17.41 | 16.03 | 14.38 | |
| Total Liabilities | 163.82 | 170.23 | 155.96 | 159.90 | 155.48 | 163.94 | 172.51 | 183.46 | 146.12 | 142.00 | 119.28 | 63.40 |
| 101.39 | 98.08 | 131.45 | 116.10 | 112.79 | 106.23 | 102.93 | 96.68 | 89.42 | 85.44 | 79.78 | 32.37 | |
| CWIP | 36.14 | 43.37 | 2.85 | 3.13 | 3.45 | 3.76 | 1.29 | 1.29 | 1.47 | 1.71 | 0.00 | 0.00 |
| Investments | 3.18 | 3.20 | 3.33 | 7.67 | 7.70 | 7.74 | 29.02 | 60.93 | 25.60 | 20.09 | 16.10 | 1.88 |
| 23.11 | 25.58 | 18.33 | 33.00 | 31.54 | 46.21 | 39.27 | 24.56 | 29.63 | 34.76 | 23.40 | 29.15 | |
| Total Assets | 163.82 | 170.23 | 155.96 | 159.90 | 155.48 | 163.94 | 172.51 | 183.46 | 146.12 | 142.00 | 119.28 | 63.40 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 1.16 | 10.86 | -15.71 | 0.72 | -12.81 | 4.68 | 21.71 | 6.29 | 7.75 | 10.63 | -1.09 | |
| 0.00 | -11.94 | -2.22 | -0.26 | -3.45 | -0.34 | 8.50 | 3.86 | -10.58 | -18.54 | 1.40 | 50.18 | |
| 0.00 | 13.42 | -9.92 | 15.94 | 3.33 | 13.22 | -14.29 | -21.09 | 7.38 | 3.47 | -11.83 | -49.39 | |
| Net Cash Flow | 0.00 | 2.64 | -1.28 | -0.03 | 0.59 | 0.08 | -1.11 | 4.47 | 3.09 | -7.32 | 0.20 | -0.30 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 267.25 | 162.61 | 60.89 | 61.47 | 306.42 | 600.77 | 291.26 | 76.35 | 110.03 | 144.33 | 98.32 | 114.25 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 267.25 | 162.61 | 60.89 | 61.47 | 306.42 | 600.77 | 291.26 | 76.35 | 110.03 | 144.33 | 98.32 | 114.25 |
| Working Capital Days | -588.39 | -86.60 | -206.96 | -373.93 | -963.95 | -725.77 | -455.75 | -78.71 | -344.17 | -480.57 | -985.70 | 79.89 |
| ROCE % | 12.46% | 6.85% | 4.53% | 0.73% | 0.54% | 5.35% | 3.84% | 1.75% | 5.95% | -6.22% | 4.07% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Installed Capacity MW |
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| Total Units Generated - Wind Lakh Units ・Includes some standalone data |
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| Total Units Generated - Hydro Lakh Units |
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| Wind Availability Change % ・Standalone data |
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| Number of Wind Projects Units Count |
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Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
24 Feb - Notice of Postal Ballot - Published in Newspapers
- Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 23 Feb
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
13 Feb - PUBLICATION OF UN-AUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 31ST DECEMBER 2025
- Un-Audited Financial Results For The Quarter Ended 31St December, 2025 12 Feb
-
Board Meeting Outcome for OUTCOME OF BOARD MEETING HELD ON 12Th FEBRUARY 2026
12 Feb - Board approved unaudited Q3/nine-month results to 31-Dec-2025; postal ballot for related-party transactions and director reappointment.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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