Karma Energy Ltd

Karma Energy Ltd Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Karma Energy Ltd

₹ 67.1 -0.95%
21 Nov - close price
karmaenergy.co BSE: 533451 NSE: KARMAENG
About

Incorporated in 2007, Karma Energy Ltd deals in generation of power from renewable sources like Wind, Hydro, etc.[1]

Key Points

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

Website BSE NSE
  • Market Cap ₹ 76.6 Cr.
  • Current Price ₹ 67.1
  • High / Low ₹ 106 / 54.0
  • Stock P/E
  • Book Value ₹ 35.5
  • Dividend Yield 0.00 %
  • ROCE 2.44 %
  • ROE 4.65 %
  • Face Value ₹ 10.0
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Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -15.8% over past five years.
  • Company has a low return on equity of 2.36% over last 3 years.
  • Earnings include an other income of Rs.2.69 Cr.
  • Company has high debtors of 271 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

Sector: Power Generation & Distribution Industry: Power Generation And Supply

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
11.19 7.88 1.93 3.93 5.87 1.87 1.15 3.51 6.31 1.51 1.03 2.40 4.42
8.95 4.51 2.69 2.24 2.71 2.11 2.55 2.44 2.12 2.24 3.50 2.20 2.26
Operating Profit 2.24 3.37 -0.76 1.69 3.16 -0.24 -1.40 1.07 4.19 -0.73 -2.47 0.20 2.16
OPM % 20.02% 42.77% -39.38% 43.00% 53.83% -12.83% -121.74% 30.48% 66.40% -48.34% -239.81% 8.33% 48.87%
0.17 0.10 0.52 0.30 0.20 0.16 9.31 0.06 0.00 0.21 0.69 1.35 0.44
Interest 0.96 0.90 0.57 0.41 0.38 0.31 0.04 0.03 0.03 0.03 0.03 0.03 0.03
Depreciation 1.28 1.28 1.27 1.21 1.22 1.22 1.19 0.74 0.75 0.75 0.70 0.47 0.47
Profit before tax 0.17 1.29 -2.08 0.37 1.76 -1.61 6.68 0.36 3.41 -1.30 -2.51 1.05 2.10
Tax % -158.82% -5.43% 23.08% -129.73% -23.30% -12.42% 36.08% 19.44% 24.93% -23.08% -30.68% 11.43% 17.62%
0.44 1.37 -2.56 0.86 2.17 -1.41 4.26 0.29 2.57 -0.99 -1.74 0.93 1.72
EPS in Rs 0.38 1.18 -2.21 0.74 1.88 -1.22 3.68 0.25 2.22 -0.86 -1.50 0.80 1.49
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
30.14 28.56 15.32 13.97 27.47 33.50 29.11 35.88 23.07 27.53 12.81 12.35 9.36
10.21 12.90 10.24 9.00 16.80 25.61 25.23 25.90 24.89 22.24 9.62 9.14 10.20
Operating Profit 19.93 15.66 5.08 4.97 10.67 7.89 3.88 9.98 -1.82 5.29 3.19 3.21 -0.84
OPM % 66.12% 54.83% 33.16% 35.58% 38.84% 23.55% 13.33% 27.81% -7.89% 19.22% 24.90% 25.99% -8.97%
1.70 2.68 2.72 5.58 1.15 0.31 -0.53 0.99 0.49 0.95 9.98 -0.18 2.69
Interest 10.05 8.11 7.13 6.99 7.77 4.50 4.22 5.35 5.25 3.41 1.14 0.12 0.12
Depreciation 7.82 7.74 4.90 5.00 4.98 4.98 4.96 5.42 5.11 5.09 4.83 2.94 2.39
Profit before tax 3.76 2.49 -4.23 -1.44 -0.93 -1.28 -5.83 0.20 -11.69 -2.26 7.20 -0.03 -0.66
Tax % 34.57% 38.15% -26.00% 6.94% -300.00% -12.50% -27.27% 15.00% -8.55% -5.75% 18.19% -500.00%
2.46 1.53 -3.13 -1.54 1.85 -1.12 -4.25 0.17 -10.69 -2.13 5.89 0.12 -0.08
EPS in Rs 2.13 1.32 -2.71 -1.33 1.60 -0.97 -3.67 0.15 -9.24 -1.84 5.09 0.10 -0.07
Dividend Payout % 23.52% 37.81% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: -8%
5 Years: -16%
3 Years: -19%
TTM: -27%
Compounded Profit Growth
10 Years: 2%
5 Years: 24%
3 Years: 29%
TTM: -109%
Stock Price CAGR
10 Years: 14%
5 Years: 47%
3 Years: 45%
1 Year: 9%
Return on Equity
10 Years: -4%
5 Years: -4%
3 Years: 2%
Last Year: 5%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 11.57 11.57 11.57 11.57 11.57 11.57 11.57 11.57 11.57 11.57 11.57 11.57 11.57
Reserves 33.75 34.60 31.53 29.98 43.48 62.12 36.17 34.25 20.99 18.64 26.90 26.87 29.52
71.15 54.92 50.44 73.41 59.29 44.31 56.66 71.14 64.78 18.80 6.28 1.08 0.98
27.17 25.52 23.08 21.70 19.26 24.26 15.36 14.32 15.22 14.40 10.72 10.53 10.87
Total Liabilities 143.64 126.61 116.62 136.66 133.60 142.26 119.76 131.28 112.56 63.41 55.47 50.05 52.94
67.46 59.75 58.10 53.10 47.89 42.92 45.10 42.31 37.46 32.37 27.38 23.29 22.36
CWIP 0.15 0.29 0.32 0.34 0.37 0.32 0.33 0.00 0.00 0.00 0.00 0.00 0.00
Investments 31.61 34.36 34.36 44.21 53.13 78.61 49.88 58.99 52.42 1.88 13.52 12.54 7.99
44.42 32.21 23.84 39.01 32.21 20.41 24.45 29.98 22.68 29.16 14.57 14.22 22.59
Total Assets 143.64 126.61 116.62 136.66 133.60 142.26 119.76 131.28 112.56 63.41 55.47 50.05 52.94

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
5.59 19.08 10.63 -12.21 19.08 14.13 5.72 4.67 11.08 -1.59 4.96 4.43
-0.47 -1.59 -3.22 -9.87 -4.26 3.98 -10.63 -19.40 0.12 50.69 8.55 0.69
-5.46 -15.78 -7.51 22.06 -15.06 -14.02 8.12 7.56 -11.03 -49.39 -13.49 -5.32
Net Cash Flow -0.34 1.71 -0.10 -0.02 -0.24 4.09 3.21 -7.16 0.17 -0.30 0.02 -0.20

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 58.13 43.07 371.19 798.45 332.84 83.02 124.26 161.34 107.43 131.39 300.89 271.02
Inventory Days
Days Payable
Cash Conversion Cycle 58.13 43.07 371.19 798.45 332.84 83.02 124.26 161.34 107.43 131.39 300.89 271.02
Working Capital Days 261.34 97.90 4.05 385.90 123.97 45.65 33.73 57.68 107.27 171.96 253.02 212.50
ROCE % 12.83% 9.85% 1.55% 0.34% 5.97% 2.77% 0.78% 5.01% -6.01% 1.57% 6.98% 2.44%

Shareholding Pattern

Numbers in percentages

4 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
74.70% 74.70% 74.70% 74.70% 74.70% 74.70% 74.70% 74.70% 74.70% 74.70% 74.70% 74.70%
25.30% 25.30% 25.30% 25.30% 25.30% 25.29% 25.30% 25.30% 25.28% 25.29% 25.30% 25.30%
No. of Shareholders 7,4847,7227,8387,9937,9937,7697,6307,7168,3148,7499,46510,940

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