Karma Energy Ltd

how big is Karma Energy Ltd?

As of Jun 06, Karma Energy Ltd has a market capitalization of 65.35 Cr, classifying it as a Micro Cap company, with recent net sales of 31.66 Cr and a net profit of -1.62 Cr. The shareholder's funds are valued at 30.21 Cr, and total assets amount to 63.40 Cr.

Market Cap: As of Jun 06, Karma Energy Ltd has a market capitalization of 65.35 Cr, which classifies it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: For the latest four quarters, the company reported a sum of Net Sales of 31.66 Cr and a sum of Net Profit of -1.62 Cr. This data is on a Consolidated basis.<BR><BR>Balance Sheet Snapshot: This is also on a Consolidated basis for the reporting period of Mar'22. The Shareholder's Funds are valued at 30.21 Cr, and the Total Assets amount to 63.40 Cr.

What does Karma Energy Ltd do?

Karma Energy Ltd is a micro-cap company in the power industry, originally incorporated as Karma Wind Power Pvt Ltd in 2007. As of March 2025, it reported net sales of 1 Cr and a net profit of 0 Cr, with a market cap of Rs 65 Cr.

Overview:<BR>Karma Energy Ltd operates in the power industry and is categorized as a micro-cap company.<BR><BR>History:<BR>Karma Energy Ltd was incorporated on March 15, 2007, originally as Karma Wind Power Pvt Ltd. It became a public limited company on March 12, 2010, changing its name to Karma Wind Power Limited. Following an amalgamation, the company was renamed Karma Energy Ltd on December 29, 2010. The most recent quarterly results reported net sales and net profit for March 2025.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 1 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 0 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 65 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 48.00 <BR>Industry P/E: 20 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.10 <BR>Return on Equity: 3.21% <BR>Price to Book: 1.55 <BR><BR>Contact Details:<BR>Address: Empire House 214 Dr D N Road, Ent A K Nayak Marg Fort Mumbai Maharashtra : 400001 <BR>Tel: 91-22-22071501-06 <BR>Email: investorshelpdesk@weizmann.co.in <BR>Website: http://www.karmaenergy.co

Has Karma Energy Ltd declared dividend?

Karma Energy Ltd has declared a 5% dividend, amounting to 0.5 per share, with an ex-date of September 4, 2014. Despite the dividend declaration, the yield is 0%, and while short-term returns are negative, long-term price returns have shown significant growth.

Karma Energy Ltd has declared a 5% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 5%<BR>- Amount per share: 0.5<BR>- Ex-date: 04 Sep 14<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -23.66%, the dividend return was 0%, resulting in a total return of -23.66%.<BR><BR>For the 1-year period, the price return was -9.18%, the dividend return was 0%, leading to a total return of -9.18%.<BR><BR>Over the 2-year period, the price return was 69.03%, with a dividend return of 0%, giving a total return of 69.03%.<BR><BR>In the 3-year period, the price return was 114.79%, the dividend return was 0%, resulting in a total return of 114.79%.<BR><BR>For the 4-year period, the price return was 246.35%, with a dividend return of 0%, leading to a total return of 246.35%.<BR><BR>In the 5-year period, the price return was 456.0%, the dividend return was 0%, resulting in a total return of 456.0%.<BR><BR>Overall, while Karma Energy Ltd has declared a dividend, the dividend yield stands at 0%, indicating that the recent dividends have not contributed to returns in the short term. However, the long-term price returns show significant growth over the years.

Who are the peers of the Karma Energy Ltd?

Karma Energy Ltd's peers include NTPC, Power Grid Corp, Adani Power, Adani Green, Tata Power Co., Gita Renewable, Advance Meter, Veer Energy, IND Renewable, and KKV Agro Powers. In terms of management risk, Karma Energy Ltd is rated as average, with a 1-year return of -14.23%, outperforming peers like Adani Power and IND Renewable.

Peers: The peers of Karma Energy Ltd are NTPC, Power Grid Corpn, Adani Power, Adani Green, Tata Power Co., Gita Renewable, Advance Meter., Veer Energy, IND Renewable, and KKV Agro Powers.<BR><BR>Quality Snapshot: Excellent management risk is observed at Adani Power and Power Grid Corpn, while Average management risk is found at NTPC, Tata Power Co., and Karma Energy Ltd. Below Average management risk is noted for Gita Renewable, Advance Meter., Veer Energy, and KKV Agro Powers. Growth is Excellent at Adani Power and Tata Power Co., Good at Gita Renewable, Average at KKV Agro Powers, and Below Average at Karma Energy Ltd, NTPC, Power Grid Corpn, Advance Meter., Veer Energy, and the rest. Capital Structure is Below Average for NTPC, Power Grid Corpn, Adani Power, Tata Power Co., Karma Energy Ltd, Gita Renewable, Advance Meter., Veer Energy, and KKV Agro Powers, while Adani Green and IND Renewable do not qualify.<BR><BR>Return Snapshot: The peer with the highest 1-year return is IND Renewable at -24.88%, while the peer with the lowest is Adani Power at -37.51%. Karma Energy Ltd's 1-year return is -14.23%, which is better than both of these peers. Additionally, several peers, including Power Grid Corpn, Adani Power, Adani Green, Tata Power Co., Advance Meter., and KKV Agro Powers, have negative six-month returns.

Is Karma Energy Ltd overvalued or undervalued?

As of May 29, 2024, Karma Energy Ltd is considered overvalued with a risky valuation grade, reflected by its high PE ratio of 49.53, EV to EBITDA ratio of 61.20, and poor performance compared to peers like NTPC and Tata Power, alongside a negative ROCE of -8.69% and a return of -12.52% against the Sensex.

As of 29 May 2024, Karma Energy Ltd's valuation grade has moved from fair to risky, indicating a significant shift in its perceived value. The company appears to be overvalued given its high PE ratio of 49.53 and an EV to EBITDA ratio of 61.20, both of which are substantially higher than its peers. Notably, NTPC, a competitor, has a much lower PE ratio of 13.78 and an EV to EBITDA of 10.37, suggesting that Karma Energy's valuation is not justified relative to industry standards.<BR><BR>With a PEG ratio of 0.05 and a negative ROCE of -8.69%, the financial metrics further reinforce the notion that the company is overvalued. In comparison, Tata Power Co. has a more attractive PE of 31.57 and an EV to EBITDA of 12.92, highlighting the disparity in valuation among peers. Additionally, Karma Energy's stock has underperformed against the Sensex over the past year, with a return of -12.52% compared to the Sensex's 7.62%, further supporting the conclusion that the stock is overvalued.

What is the technical trend for Karma Energy Ltd?

As of May 3, 2025, Karma Energy Ltd's technical trend is mildly bearish, supported by bearish monthly indicators like the MACD and Bollinger Bands, despite some mildly bullish signals on the weekly chart.

As of 3 May 2025, the technical trend for Karma Energy Ltd has changed from bearish to mildly bearish. The weekly MACD is mildly bullish, but the monthly MACD indicates a mildly bearish stance. The RSI shows no signal on the weekly chart and is bearish on the monthly. Bollinger Bands are bearish on both weekly and monthly time frames. Daily moving averages are mildly bearish, while the KST is mildly bullish weekly and mildly bearish monthly. Dow Theory suggests a mildly bullish trend on the weekly, but no trend on the monthly. Overall, the current technical stance is mildly bearish, with key indicators such as the monthly MACD and Bollinger Bands contributing to this view.

Who are in the management team of Karma Energy Ltd?

As of March 2023, the management team of Karma Energy Ltd includes Chairman Dharmendra Gulabchand Siraj, Managing Director Chetan D Mehra, and Directors Neelkamal Vrajlal Siraj, Smita Vinesh Davda, along with Independent Directors Kishore M Vussonji and Balady Shekar Shetty. Only Chetan D Mehra receives remuneration, totaling 6.68 lacs INR.

As of March 2023, the management team of Karma Energy Ltd consists of the following individuals:<BR><BR>1. Dharmendra Gulabchand Siraj - Chairman (Non-Executive)<BR>2. Chetan D Mehra - Managing Director<BR>3. Neelkamal Vrajlal Siraj - Director<BR>4. Kishore M Vussonji - Independent Director<BR>5. T V Subramanian - Chief Finance Officer & Company Secretary<BR>6. Smita Vinesh Davda - Director<BR>7. Balady Shekar Shetty - Independent Director<BR><BR>Chetan D Mehra is the only member of the management team receiving remuneration, amounting to 6.68 lacs INR.

Who are the top shareholders of the Karma Energy Ltd?

The top shareholder of Karma Energy Ltd is Kotta Enterprises Private Limited, holding 29.94%. Other notable shareholders include Kanan Ankit Khambhati with 2.08% and individual investors with a combined 14.76%, while there are no mutual funds or foreign institutional investors involved.

The top shareholders of Karma Energy Ltd include Kotta Enterprises Private Limited, which holds the highest stake at 29.94%. The company is primarily owned by its promoters, with no pledged promoter holdings reported. In terms of public shareholders, Kanan Ankit Khambhati is the largest, holding 2.08%. Additionally, individual investors collectively hold 14.76% of the shares. There are currently no mutual funds or foreign institutional investors involved with the company.

Are Karma Energy Ltd latest results good or bad?

Karma Energy Ltd's latest results show a mixed performance; while profitability has improved with a Profit After Tax of Rs 0.36 crore, the quarterly performance was flat, with a 34.41% decline in standalone net profit and negative market sentiment reflected in a 'Strong Sell' rating.

Karma Energy Ltd's latest results present a mixed picture. On one hand, the company has shown a significant recovery in profitability, with a Profit After Tax (PAT) of Rs 0.36 crore for the latest six-month period, a notable improvement from a loss of Rs 0.72 crore in the previous year. This indicates that the company has already surpassed its PAT from the last year within just half a year.<BR><BR>However, the quarterly performance for the quarter ending June 2025 was flat overall. While net sales increased by 27.50% compared to the same quarter last year, the standalone net profit saw a decline of 34.41%. Additionally, the operating profit margin has decreased, reflecting challenges in operational efficiency.<BR><BR>Market sentiment towards Karma Energy is currently negative, as indicated by a 'Strong Sell' rating from MarketsMOJO. Overall, while there are signs of recovery in profitability, the flat performance and declining profit metrics suggest that the company still faces significant hurdles.

When is the next results date for Karma Energy Ltd?

The next results date for Karma Energy Ltd is 12 November 2025.

The next results date for Karma Energy Ltd is scheduled for 12 November 2025.

How has been the historical performance of Karma Energy Ltd?

Karma Energy Ltd's historical performance shows fluctuating financial metrics, with net sales rising to 31.66 Cr in Mar'22 from 25.28 Cr in Mar'21, but still below Mar'20 levels. While operating profit improved to 9.19 Cr in Mar'22, the company reported negative profit before and after tax, alongside a significant reduction in total liabilities and assets.

Answer:<BR>The historical performance of Karma Energy Ltd shows fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>Karma Energy Ltd's net sales increased from 25.28 Cr in Mar'21 to 31.66 Cr in Mar'22, although it was lower than the 41.88 Cr recorded in Mar'20. The total operating income followed a similar trend, rising to 31.66 Cr in Mar'22 from 25.28 Cr in Mar'21, but still below the levels seen in previous years. The company reported an operating profit of 9.19 Cr in Mar'22, a significant recovery from a loss of -0.73 Cr in Mar'21, although it was lower than the 14.16 Cr in Mar'20. Despite this improvement, the profit before tax remained negative at -1.76 Cr in Mar'22, though it was an improvement from -14.27 Cr in Mar'21. The profit after tax also showed a reduction in losses, decreasing to -1.62 Cr in Mar'22 from -13.27 Cr in Mar'21. The total liabilities of the company decreased significantly from 119.28 Cr in Mar'21 to 63.40 Cr in Mar'22, reflecting a reduction in both long-term and short-term borrowings. The total assets also declined from 119.28 Cr in Mar'21 to 63.40 Cr in Mar'22, indicating a tightening of the company's financial position. Cash flow from operating activities was negative at -1.00 Cr in Mar'22, consistent with the previous year's performance, while cash flow from investing activities improved significantly to 50.00 Cr in Mar'22 from 1.00 Cr in Mar'21. Overall, while there were signs of recovery in sales and operating profit, the company continued to face challenges with profitability and asset management.

Should I buy, sell or hold Karma Energy Ltd?

Why is Karma Energy Ltd falling/rising?

As of 26-Jan, Karma Energy Ltd's stock price is Rs. 39.50, down 3.92%, marking a new 52-week low. The stock has declined significantly over the past week and month, reflecting weak fundamentals and high volatility.

As of 26-Jan, Karma Energy Ltd's stock price is falling, currently at Rs. 39.50, which reflects a decrease of Rs. 1.61 or 3.92%. The stock has been on a downward trend, having lost 16.67% over the past week and 22.31% over the past month. This decline is further highlighted by the fact that it has reached a new 52-week low today.<BR><BR>The stock's performance today indicates it has underperformed its sector by 0.33%, and it has experienced consecutive falls over the last two days, totaling a drop of 7.28%. Although the stock opened with a gain of 2.65% today, it quickly fell to its intraday low of Rs. 39.50. The high volatility observed today, with an intraday volatility of 8.47%, suggests significant fluctuations in trading, contributing to the overall decline.<BR><BR>Moreover, the company's long-term fundamentals appear weak, with a -26.72% CAGR growth in operating profits over the last five years and a poor EBIT to Interest ratio of -1.14, indicating challenges in servicing its debt. The Return on Equity is also low at 2.42%, reflecting limited profitability. Additionally, the company reported a significant drop in profit after tax, which has decreased by 54.08% over the latest six months.<BR><BR>Overall, the combination of poor financial performance, high volatility, and underperformance compared to benchmarks and sector averages has led to the stock's decline.

Which are the latest news on Karma Energy Ltd?