Karamtara Engineering Ltd
Incorporated in 1996, Karamtara
Engineering Limited manufactures
products for renewable energy and
transmission lines.[1]
- Market Cap ₹ 14,155 Cr.
- Current Price ₹ 440
- High / Low ₹ 445 / 320
- Stock P/E 111
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 23.6 %
- ROE 16.7 %
- Face Value ₹ 10.0
Pros
Cons
- Debtor days have increased from 89.6 to 109 days.
- Company's cost of borrowing seems high
* 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
Industrials Capital Goods Electrical Equipment Heavy Electrical Equipment
Part of BSE IPO
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 1,111 | 1,305 | 1,577 | 2,403 | 3,109 | |
| 1,032 | 1,213 | 1,426 | 2,143 | 2,769 | |
| Operating Profit | 79 | 92 | 150 | 260 | 340 |
| OPM % | 7% | 7% | 10% | 11% | 11% |
| 14 | 6 | -1 | 1 | 7 | |
| Interest | 47 | 42 | 75 | 92 | 128 |
| Depreciation | 31 | 30 | 31 | 34 | 37 |
| Profit before tax | 16 | 25 | 44 | 135 | 182 |
| Tax % | 42% | 38% | 8% | 26% | 26% |
| 9 | 16 | 41 | 101 | 135 | |
| EPS in Rs | 16.61 | 28.50 | 73.55 | 182.07 | 4.62 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 34% |
| TTM: | 29% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 100% |
| TTM: | 25% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 12% |
| 3 Years: | 16% |
| Last Year: | 17% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 6 | 6 | 6 | 6 | 292 |
| Reserves | 384 | 401 | 491 | 542 | 681 |
| 462 | 413 | 264 | 497 | 554 | |
| 559 | 697 | 750 | 775 | 1,202 | |
| Total Liabilities | 1,410 | 1,516 | 1,510 | 1,819 | 2,729 |
| 496 | 487 | 536 | 608 | 635 | |
| CWIP | 10 | 40 | 16 | 17 | 194 |
| Investments | 1 | 1 | 1 | 1 | 6 |
| 904 | 989 | 958 | 1,193 | 1,894 | |
| Total Assets | 1,410 | 1,516 | 1,510 | 1,819 | 2,729 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| -11 | 121 | 233 | 36 | 90 | |
| -29 | -50 | -53 | -123 | -292 | |
| 44 | -74 | -179 | 92 | 204 | |
| Net Cash Flow | 5 | -3 | 1 | 4 | 2 |
| Free Cash Flow | -43 | 67 | 176 | -77 | -227 |
| CFO/OP | -13% | 132% | 158% | 22% | 40% |
Ratios
Standalone / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 86 | 83 | 73 | 86 | 109 |
| Inventory Days | 255 | 224 | 174 | 108 | 117 |
| Days Payable | 216 | 209 | 153 | 130 | 177 |
| Cash Conversion Cycle | 124 | 97 | 94 | 65 | 50 |
| Working Capital Days | 28 | 26 | 35 | 13 | 32 |
| ROCE % | 8% | 15% | 25% | 24% |
Documents
Announcements
-
Board Meeting Intimation for Board Meeting Intimation For Unaudited Financial Results For The Quarter Ended June 30, 2026
- Board to meet October 6, 2026 to approve Q1 FY27 standalone and consolidated unaudited results; trading window closed.
-
Intimation Under Regulation 6(1) Of The SEBI (LODR) Regulations, 2015
- Mr. Manoj Kumar Srivastava appointed Vice President-Legal, Company Secretary and Compliance Officer effective June 12, 2026.
-
Intimation Under Regulation 7(1) Of The SEBI (LODR) Regulations, 2015.
- Karamtara Engineering appointed MUFG Intime India as Registrar and Share Transfer Agent.
-
Intimation Under Regulation 8(2) Of The Securities Exchange Board Of India (Prohibition Of Insider Trading) Regulations, 2015
- Board-approved fair disclosure code for UPSI filed under SEBI PIT Regulations.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
- Karamtara Engineering schedules Q1FY27 results conference call on October 7, 2026 at 11:00 IST.
Business Overview:[1]
Karamtara Engineering is a backward-
integrated manufacturer of products
used primarily in the renewable energy
and power transmission sectors. Its core business is manufacturing steel structures
and components for solar projects, transmission lines, and, more recently, wind energy. The company positions itself as a one-stop supplier for solar structures, covering both fixed-tilt systems and tracker components.