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Karma Energy Limited

Karma Energy Limited

NSE: KARMAENG
Utilities - RenewableUtilitiesSMALL CAPMCap ₹41.0 Cr
₹35.46₹-1.85 (-4.96%)

Market Closed • NSE

Market cap₹41.0 Cr
Enterprise value₹44.6 Cr
P/E TTM46.05
P/B1.00
EPS TTM₹0.77
D/E3.74
Dividend yield0.00%
52W high₹61.00
52W low₹33.70
Price chart(1Y)
1Y Return:-13.02% (₹5.31)
H: ₹46.9L: ₹33.7
1W+4.14%
1M-11.15%
3M-6.29%
6M-32.08%
1Y-38.07%
Today at a glance

Day range

₹35.32₹37.31

52 week range

₹33.70₹61.00
Volume3.0K0.56x 20D avg
Free float50.00%-44.40% volume

Karma Energy Limited closed at INR35.46 (-4.96%) on volume 0.56x its 20-day average, trading 41.87% below its 52-week high.

Technical analysis
RSI (14)43.5Neutral (30–70)
MACDBEARISHBearish (Below signal)
ATR (14)₹2.07High
SMA 20₹37.19BEARISH
SMA 50₹38.12BEARISH
SMA 100₹39.36BEARISH
SMA 200₹41.88BEARISH
CPR bottom₹36.11
Pivot₹36.51
CPR top₹36.91
What changed recently?

2026-Q1

Q1 FY2026 Financial Results

PAT moved -480.1% QoQ

2024-07-23

AGM Announced

Annual General Meeting

2023-07-20

AGM Announced

Annual General Meeting

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹1.5 Cr₹41.0 Cr3.72%≤ 33%PASS
Non-halal income ratio–₹9.8 Cr0.00%≤ 5%PASS
Illiquid assets ratio₹47.0 Cr₹47.1 Cr99.78%≥ 20%PASS
Receivables ratio–₹47.1 Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E46.0521.10
Forward P/E——
P/B1.001.70
EV/EBITDA—18.00
PEG—1.50
Earnings yield2.204.70
Growth & profitability
RevenuePAT
FY23PAT margin 46.00%
FY24PAT margin 1.00%
FY25PAT margin 16.10%
FY26PAT margin 10.80%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y-8.70%
Revenue CAGR 5Y—
PAT CAGR 3Y-43.70%
PAT CAGR 5Y—
Operating margin4.73%
Net margin8.90%
Financial health & cash flow
Net debt₹1.4 CrModerate
Interest coverage-30.20xEBIT / interest
CFO / PAT3.11x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹1.9 Cr
Capital expenditure–
Free cash flow₹32.3 Lakh
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall40/100
Valuation50/100
Profitability50/100
Financial health20/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

High Cash Flow Conversion: CFO/PAT averaged 3.11x over last 3 years

Risks

Elevated Leverage Burden: Debt-to-Equity stands at 3.74x

Bull case

Market Leadership: Established operational scale in Utilities - Renewable.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
23 Jul 2024Annual General MeetingAnnual General Meeting—23 Jul 2024
20 Jul 2023Annual General MeetingAnnual General Meeting—20 Jul 2023
21 Jul 2022Annual General MeetingAnnual General Meeting—20 Jul 2022
21 Sept 2021Annual General MeetingAnnual General Meeting—20 Sept 2021
15 Dec 2020Annual General MeetingAnnual General Meeting—14 Dec 2020
30 Jul 2019Annual General MeetingAnnual General Meeting—29 Jul 2019
—Annual General MeetingAnnual General Meeting—27 Jul 2018
—Annual General MeetingAnnual General Meeting—11 Aug 2017
—Annual General MeetingAnnual General Meeting—24 Aug 2016
—Annual General MeetingAnnual General Meeting—03 Sept 2015
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)72.63%-15.23% latest vs average
Highest delivery99.18%on 14 Oct
Average volume (20D)5.4KTrading-session average
Conviction trendWeakening-15.23% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Adani Power Limited
Adani Power LimitedADANIPOWER
Open analysis
₹3.78L26.500.00%₹18,902.00₹4,867.00+33.97%+47.26%
NTPC Limited
NTPC LimitedNTPC
Open analysis
₹3.06L11.013.93%₹50,741.00₹6,896.00+7.81%+12.90%
Power Grid Corporation of India Limited
Power Grid Corporation of India LimitedPOWERGRID
Open analysis
₹2.33L14.653.60%₹9,795.00₹3,411.00-1.34%-6.62%
Adani Green Energy Limited
Adani Green Energy LimitedADANIGREEN
Open analysis
₹2.14L124.710.00%₹4,431.00₹983.00+16.61%+19.30%
Adani Energy Solutions Limited
Adani Energy Solutions LimitedADANIENSOL
Open analysis
₹1.67L56.210.00%₹9,711.00₹1,237.00+42.41%+129.50%
The Tata Power Company Limited
The Tata Power Company LimitedTATAPOWER
Open analysis
₹1.13L29.320.71%₹19,051.00₹1,401.00+5.63%+11.01%
GAIL (India) Limited
GAIL (India) LimitedGAIL
Open analysis
₹1.11L11.183.25%₹41,198.00₹4,671.00+16.67%+96.10%
Siemens Energy India Limited
Siemens Energy India LimitedENRIN
Open analysis
₹1.03L69.130.14%₹2,485.60₹440.90+39.28%+67.83%
About Karma Energy Limited
Karma Energy Limited

Karma Energy Limited engages in the generation of power from renewable sources in India. The company develops and operates wind farms with a capacity of 33 MW in the states of Andhra Pradesh, Maharashtra, and Tamil Nadu. It also develops a 3.5 MW hydro power project in Balij-ka-Nala-II, Chamba District. The company was incorporated in 2007 and is based in Mumbai, India.

IndiaUtilities

Questions investors ask
Is Karma Energy Limited Shariah compliant?

Karma Energy Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (3.72%) complies with AAOIFI threshold (≤ 33%).

What is Karma Energy Limited's current valuation relative to peers?

Karma Energy Limited trades at a P/E of 46.1x compared to the sector median of 21.1x, and a Price-to-Book of 1.0x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 3.74x. Interest coverage is -30.2x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at steady rates while net profit growth averaged consistent levels.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.