Karma Energy Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Chetan Mehra

Chief executive officer

₹2.6m

Total compensation

CEO salary percentage	70.8%
CEO tenure	1.8yrs
CEO ownership	n/a
Management average tenure	no data
Board average tenure	14.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Chetan Mehra's remuneration changed compared to Karma Energy's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	₹8m
Mar 31 2024	₹3m	₹2m	₹1m
Dec 31 2023	n/a	n/a	₹61m
Sep 30 2023	n/a	n/a	₹57m
Jun 30 2023	n/a	n/a	₹53m
Mar 31 2023	₹2m	₹480k	₹59m
Dec 31 2022	n/a	n/a	-₹11m
Sep 30 2022	n/a	n/a	₹26m
Jun 30 2022	n/a	n/a	₹10m
Mar 31 2022	₹20k	n/a	-₹16m
Dec 31 2021	n/a	n/a	-₹58m
Sep 30 2021	n/a	n/a	-₹111m
Jun 30 2021	n/a	n/a	-₹123m
Mar 31 2021	₹20k	n/a	-₹133m
Dec 31 2020	n/a	n/a	-₹73m
Sep 30 2020	n/a	n/a	-₹59m
Jun 30 2020	n/a	n/a	-₹25m
Mar 31 2020	₹20k	n/a	-₹3m
Dec 31 2019	n/a	n/a	-₹30m
Sep 30 2019	n/a	n/a	-₹25m
Jun 30 2019	n/a	n/a	-₹87m
Mar 31 2019	₹20k	n/a	-₹100m
Mar 31 2018	₹20k	n/a	-₹24m

Compensation vs Market: Chetan's total compensation ($USD31.01K) is about average for companies of similar size in the Indian market ($USD41.43K).

Compensation vs Earnings: Chetan's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Chetan Mehra (58 yo)

1.8yrs

Tenure

₹2,600,000

Compensation

Mr. Chetan Durgadas Mehra, B.Sc, has been Director at Karma Energy Limited since March 15, 2007 and serves as its Managing Director and Chief Executive Officer since December 01, 2022. He served as an Advi...

Board Members

Name	Position	Tenure	Compensation	Ownership
Chetan Mehra	CEO, MD & Vice Chairman	17.5yrs	₹2.60m	no data
Dharmendra Siraj	Non-Executive Non-Independent Chairman	14.1yrs	₹26.00k	15.84% ₹ 139.3m
Neelkamal Siraj	Non-Executive Non-Independent Director	14.1yrs	₹23.00k	no data
Balady Shetty	Non-Executive Independent Director	7.3yrs	₹33.00k	0.0011% ₹ 10.1k
Smita Davda	Non-Executive Independent Woman Director	9.5yrs	₹36.00k	no data

14.1yrs

Average Tenure

66yo

Average Age

Experienced Board: 533451's board of directors are seasoned and experienced ( 14.1 years average tenure).

Karma Energy Management

Management criteria checks 2/4

Key information

Recent management updates

Karma Energy Limited Approves Reconstitution of Board Committees

Karma Energy Limited, Annual General Meeting, Jul 30, 2024

Karma Energy Limited, Annual General Meeting, Jul 30, 2024

Karma Energy Limited Appoints Dharmendra Gulabchand Siraj as Director

Karma Energy Limited, Annual General Meeting, Jul 27, 2023

Insufficient new directors

Recent updates

Karma Energy Limited Approves Reconstitution of Board Committees

First quarter 2025 earnings released: EPS: ₹0.81 (vs ₹0.25 in 1Q 2024)

Karma Energy Limited to Report Q1, 2025 Results on Aug 12, 2024

New minor risk - Share price stability

New minor risk - Earnings quality

Full year 2024 earnings released: EPS: ₹0.11 (vs ₹5.09 in FY 2023)

Karma Energy Limited, Annual General Meeting, Jul 30, 2024

Karma Energy Limited, Annual General Meeting, Jul 30, 2024

Full year 2024 earnings released: EPS: ₹0.11 (vs ₹5.09 in FY 2023)

Karma Energy Limited to Report Q4, 2024 Results on May 28, 2024

Investor sentiment deteriorates as stock falls 17%

Third quarter 2024 earnings released: ₹0.86 loss per share (vs ₹1.22 loss in 3Q 2023)

Investor sentiment improves as stock rises 21%

Karma Energy Limited to Report Q3, 2024 Results on Feb 08, 2024

Investor sentiment improves as stock rises 17%

Karma Energy Limited to Report Q2, 2024 Results on Nov 09, 2023

First quarter 2024 earnings released: EPS: ₹0.25 (vs ₹0.74 in 1Q 2023)

Karma Energy Limited to Report Q1, 2024 Results on Aug 09, 2023

Karma Energy Limited Appoints Dharmendra Gulabchand Siraj as Director

Investor sentiment improves as stock rises 22%

Karma Energy Limited, Annual General Meeting, Jul 27, 2023

Third quarter 2023 earnings released: ₹1.22 loss per share (vs ₹1.97 profit in 3Q 2022)

Insufficient new directors

Karma Energy Limited to Report Q2, 2023 Results on Nov 10, 2022

Karma Energy Limited to Report Q4, 2023 Results on May 30, 2023

Full year 2022 earnings released: ₹1.40 loss per share (vs ₹11.47 loss in FY 2021)

Full year 2022 earnings released: ₹1.40 loss per share (vs ₹11.47 loss in FY 2021)

Karma Energy Limited, Annual General Meeting, Jul 28, 2022

Karma Energy Limited to Report Q4, 2022 Results on May 27, 2022

Insufficient new directors

Third quarter 2022 earnings: Revenues in line with analyst expectations

Windia Infrastructure Finance Limited entered into an agreement to acquire Batot Hydro Power Ltd from Karma Energy Limited (BSE:533451) for approximately INR 350 million.

Second quarter 2022 earnings released: EPS ₹0.52 (vs ₹0.51 loss in 2Q 2021)

First quarter 2022 earnings released: ₹1.56 loss per share (vs ₹2.43 loss in 1Q 2021)

Full year 2021 earnings released: ₹11.47 loss per share (vs ₹0.24 loss in FY 2020)

Third quarter 2021 earnings released: ₹2.54 loss per share (vs ₹1.34 loss in 3Q 2020)

Karma Energy Limited to Report Q3, 2021 Results on Feb 12, 2021

New 90-day high: ₹14.03

New 90-day high: ₹11.92

Karma Energy Limited, Annual General Meeting, Dec 22, 2020

Karma Energy Limited to Report Q2, 2021 Results on Nov 11, 2020

New 90-day low: ₹8.28

New 90-day low: ₹9.16

First quarter earnings released

Karma Energy Limited to Report Q1, 2021 Results on Sep 15, 2020

Full year earnings released - ₹0.24 loss per share

CEO Compensation Analysis

CEO

Tenure

Compensation

Board Members

Average Tenure

Average Age