Karma Energy
- Market cap
- ₹ 37 Cr.
- P/E
- 94x
- P/B
- 0.92x
- 52-week range
- 31.26 – 59.09
- ROE
- 0%
- ROCE
- −4.8%
- Dividend yield
- 0%
- Debt / equity
- 0.04
- Sector
- Power
- Industry
- Power Generation
- Listed on
- NSE, BSE
About
Karma Energy Limited is an India-based company, which is engaged in generation of power from renewable sources like wind. The primary business activity of the Company is that of generation of power from renewable sources. The Company has developed and is operating about 33 megawatts (MW) wind power projects in the states of Andhra Pradesh, Maharashtra, and Tamil Nadu. Its wind power projects of an aggregate capacity of approximately 700 MW are under various stages of implementation in the states of Gujarat, Karnataka, and Maharashtra. It is also developing approximately 10 MW small hydel projects in the state of Himachal Pradesh. The Company is focused on the development of the renewable energy sector through wind power and small hydro power of the group. The Power Projects are spread over Andhra Pradesh, Gujarat, Himachal Pradesh, Karnataka, Maharashtra, and Tamil Nadu.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Power Generation: 36 companies →Karma Energy against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)94 against a typical 35.5: pricier than most peers (1st = cheapest).26th of 36
- Sales growth+4.6% against a typical +6.5% from a year earlier.17th of 30
- Profit growth−27.9% against a typical −1.3% from a year earlier.20th of 25
- Share price, 3 months−9.6% against a typical −11.9%.14th of 34
- Size₹ 37.5 Cr. market value against a typical ₹ 2,247.1 Cr. (1st = largest).28th of 33
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 13 Aug 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2026 and other business matters |
| 28 May 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended March 31, 2026 and other business matters |
| 12 Feb 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended December 31, 2025 and other business matters |
| 12 Nov 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2025 and other business matters |
| 12 Aug 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2025 and other business matters |
| 27 May 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended March 31, 2025 and other business matters |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 6 | 2 | 1 | 2 | 4 | 1 | 1 | 3 | 5 | 1 | 1 | 3 |
| Expenses | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 3 | 3 | 3 | 3 | 3 |
| Operating Profit | 4 | −1 | −2 | 0 | 2 | −1 | −1 | −0 | 2 | −2 | −2 | 1 |
| OPM % | 66.4% | −48.3% | −239.8% | 8.3% | 48.9% | −146.8% | −56.4% | −2.9% | 34.4% | −160% | −277.3% | 20.3% |
| Other Income | 0 | 0 | 1 | 1 | 0 | 0 | 1 | 2 | 0 | 0 | 2 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 3 | −1 | −3 | 1 | 2 | −2 | −0 | 1 | 1 | −2 | −1 | 1 |
| Tax % | 24.9% | −23.1% | −30.7% | 11.4% | 17.6% | −13.6% | −225% | 32.2% | 26.1% | −110.8% | −26.1% | 12% |
| Net Profit | 3 | −1 | −2 | 1 | 2 | −1 | 0 | 1 | 1 | 0 | −1 | 0 |
| EPS in Rs | 2.22 | −0.86 | −1.5 | 0.8 | 1.49 | −1.21 | 0.13 | 0.53 | 0.91 | 0.19 | −0.71 | 0.38 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- −4%
- 5 Years
- −16%
- 3 Years
- −9%
- TTM
- 6%
- 10 Years
- 7%
- 5 Years
- 15%
- 3 Years
- —
- TTM
- 68%
- 10 Years
- 6%
- 5 Years
- 13%
- 3 Years
- −2%
- TTM
- —
- 10 Years
- −2%
- 5 Years
- 2%
- 3 Years
- 2%
- TTM
- —
Peers
Listed companies in the same business.
| Karma Energy | ₹ 33.89 | ₹ 37 Cr. | 94x | 0.9x | 0% | — |
| Adani Power | ₹ 182.00 | ₹ 70,196 Cr. | 32.2x | 6.4x | 21.2% | 23.9% |
| Power Grid Corporation of India | ₹ 247.20 | ₹ 2,29,911 Cr. | 14.1x | 2.6x | 16.5% | 40% |
| Adani Green Energy | ₹ 1,185.00 | ₹ 1,95,190 Cr. | 129.2x | 12.5x | 10.3% | 12.1% |
| Adani Energy Solutions | ₹ 1,219.85 | ₹ 1,49,972 Cr. | 90.2x | 8.1x | 9.6% | 8.5% |
| Siemens Energy India | ₹ 2,649.00 | ₹ 94,586 Cr. | 109x | 27.5x | 30.2% | 15% |
Management
- T. V. Subramanian
- Chief Financial Officer, Compliance Officer, Company Secretary
- Ganesh N. Kamath
- Managing Director, Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.