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Karma EnergyBSE:533451 Stock Report

Market Cap







24 Sep, 2021


Company Financials
533451 fundamental analysis
Snowflake Score
Future Growth0/6
Past Performance0/6
Financial Health2/6

533451 Overview

Karma Energy Limited engages in the generation of power from renewable energy sources in India.

Price History & Performance

Summary of all time highs, changes and price drops for Karma Energy
Historical stock prices
Current Share Price₹18.65
52 Week High₹7.60
52 Week Low₹36.75
1 Month Change-6.75%
3 Month Change0.76%
1 Year Change94.27%
3 Year Change-21.80%
5 Year Change-7.90%
Change since IPO-10.77%

Recent News & Updates

Shareholder Returns

533451IN Renewable EnergyIN Market

Return vs Industry: 533451 underperformed the Indian Renewable Energy industry which returned 100% over the past year.

Return vs Market: 533451 exceeded the Indian Market which returned 71.8% over the past year.

Price Volatility

Is 533451's price volatile compared to industry and market?
533451 volatility
533451 Beta-0.00045
Industry Beta0.47
Market Beta1

Stable Share Price: 533451 is more volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: 533451's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

2007n/aGanesh Kamath

Karma Energy Limited engages in the generation of power from renewable energy sources in India. It develops and operates wind farms with a capacity of 33 MW in the states of Andhra Pradesh, Maharashtra, and Tamil Nadu. The company also operates a 3.5 MW hydropower project with a capacity of 3.5 MW.

Karma Energy Fundamentals Summary

How do Karma Energy's earnings and revenue compare to its market cap?
533451 fundamental statistics
Market Cap₹215.78m
Earnings (TTM)-₹122.62m
Revenue (TTM)₹253.67m


P/S Ratio


P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
533451 income statement (TTM)
Cost of Revenue₹197.34m
Gross Profit₹56.33m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date


Earnings per share (EPS)-10.60
Gross Margin22.21%
Net Profit Margin-48.34%
Debt/Equity Ratio985.0%

How did 533451 perform over the long term?

See historical performance and comparison


Is Karma Energy undervalued compared to its fair value and its price relative to the market?


Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: 533451 (₹18.65) is trading below our estimate of fair value (₹73.56)

Significantly Below Fair Value: 533451 is trading below fair value by more than 20%.

Price To Earnings Ratio

PE vs Industry: 533451 is unprofitable, so we can't compare its PE Ratio to the Indian Renewable Energy industry average.

PE vs Market: 533451 is unprofitable, so we can't compare its PE Ratio to the Indian market.

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 533451's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: 533451 is overvalued based on its PB Ratio (2.2x) compared to the IN Renewable Energy industry average (0.8x).

Future Growth

How is Karma Energy forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?


Forecasted Utilities industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Karma Energy has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has Karma Energy performed over the past 5 years?


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 533451 is currently unprofitable.

Growing Profit Margin: 533451 is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: 533451 is unprofitable, and losses have increased over the past 5 years at a rate of 36.2% per year.

Accelerating Growth: Unable to compare 533451's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 533451 is unprofitable, making it difficult to compare its past year earnings growth to the Renewable Energy industry (-11.2%).

Return on Equity

High ROE: 533451 has a negative Return on Equity (-123.97%), as it is currently unprofitable.

Financial Health

How is Karma Energy's financial position?

Financial Position Analysis

Short Term Liabilities: 533451's short term assets (₹236.9M) do not cover its short term liabilities (₹808.9M).

Long Term Liabilities: 533451's short term assets (₹236.9M) do not cover its long term liabilities (₹291.8M).

Debt to Equity History and Analysis

Debt Level: 533451's debt to equity ratio (985%) is considered high.

Reducing Debt: 533451's debt to equity ratio has increased from 241.6% to 985% over the past 5 years.

Balance Sheet

Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable 533451 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 533451 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 30.1% per year.


What is Karma Energy current dividend yield, its reliability and sustainability?

Dividend Yield vs Market

Notable Dividend: Unable to evaluate 533451's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 533451's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.

Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 533451's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 533451's dividend payments have been increasing.

Current Payout to Shareholders

Dividend Coverage: 533451 is not paying a notable dividend for the Indian market.

Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 533451's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.

Next Steps


How experienced are the management team and are they aligned to shareholders interests?


Average board tenure


Ganesh Kamath (79 yo)

no data




Shri Ganesh Narasimha Kamath serves as the Managing Director of Karma Energy Limited. Mr. Kamath serves as a Director of Mecha Almi Hydro Electric Projects Ltd, Brahi Hydro Electric Power Projects Ltd, Chi...

CEO Compensation Analysis

Compensation vs Market: Ganesh's total compensation ($USD31.44K) is about average for companies of similar size in the Indian market ($USD38.49K).

Compensation vs Earnings: Ganesh's compensation has been consistent with company performance over the past year.

Board Members

Experienced Board: 533451's board of directors are considered experienced (8.5 years average tenure).


Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Company Information

Karma Energy Limited's employee growth, exchange listings and data sources

Key Information

  • Name: Karma Energy Limited
  • Ticker: 533451
  • Exchange: BSE
  • Founded: 2007
  • Industry: Renewable Electricity
  • Sector: Utilities
  • Market Cap: ₹215.779m
  • Shares outstanding: 11.57m
  • Website:


  • Karma Energy Limited
  • Empire House
  • 214, Dr. D.N. Road
  • Mumbai
  • Maharashtra
  • 400 001
  • India


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/24 15:40
End of Day Share Price2021/09/24 00:00
Annual Earnings2021/03/31

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.