Karma Energy Limited

NSEI:KARMAENG Stock Report

Market Cap: ₹495.7m

Karma Energy Past Earnings Performance

Past criteria checks 1/6

Karma Energy has been growing earnings at an average annual rate of 56.1%, while the Renewable Energy industry saw earnings growing at 27.3% annually. Revenues have been declining at an average rate of 28% per year. Karma Energy's return on equity is 2.6%, and it has net margins of 10.8%.

Key information

56.12%

Earnings growth rate

56.14%

EPS growth rate

Renewable Energy Industry Growth39.78%
Revenue growth rate-27.98%
Return on equity2.57%
Net Margin10.75%
Last Earnings Update31 Mar 2026

Recent past performance updates

Recent updates

Analysis Article Feb 15

Calculating The Fair Value Of Karma Energy Limited (NSE:KARMAENG)

Key Insights Using the 2 Stage Free Cash Flow to Equity, Karma Energy fair value estimate is ₹38.87 With ₹46.04 share...
Analysis Article May 16

Estimating The Intrinsic Value Of Karma Energy Limited (NSE:KARMAENG)

Key Insights Karma Energy's estimated fair value is ₹71.00 based on 2 Stage Free Cash Flow to Equity With ₹57.82 share...
Analysis Article Jan 07

Why Investors Shouldn't Be Surprised By Karma Energy Limited's (NSE:KARMAENG) 26% Share Price Plunge

Karma Energy Limited ( NSE:KARMAENG ) shares have retraced a considerable 26% in the last month, reversing a fair...
Analysis Article Sep 30

Does Karma Energy (NSE:KARMAENG) Deserve A Spot On Your Watchlist?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Jul 08

Is Karma Energy (NSE:KARMAENG) A Risky Investment?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Nov 25

Does Karma Energy (NSE:KARMAENG) Have A Healthy Balance Sheet?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Jul 19

Is Karma Energy (NSE:KARMAENG) Weighed On By Its Debt Load?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Jan 07

Is Karma Energy (NSE:KARMAENG) Weighed On By Its Debt Load?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Revenue & Expenses Breakdown

How Karma Energy makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NSEI:KARMAENG Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 269810290
31 Dec 259822310
30 Sep 25966310
30 Jun 259412300
31 Mar 258716290
31 Dec 2488-5300
30 Sep 2493-1300
30 Jun 241128300
31 Mar 241241300
31 Dec 2312561310
30 Sep 2312857300
30 Jun 2312453300
31 Mar 2312859300
31 Dec 22137-11310
30 Sep 2221926340
30 Jun 2228410330
31 Mar 22317-16350
31 Dec 21321-58330
30 Sep 21265-111320
30 Jun 21254-123310
31 Mar 21253-133330
31 Dec 20289-73350
30 Sep 20322-59350
30 Jun 20396-25380
31 Mar 20419-3420
31 Dec 19417-30480
30 Sep 19392-25500
30 Jun 19385-87510
31 Mar 19347-100500
31 Mar 18403-24930
31 Mar 17326-1880
31 Mar 16190-45530

Quality Earnings: KARMAENG has a large one-off gain of ₹8.1M impacting its last 12 months of financial results to 31st March, 2026.

Growing Profit Margin: KARMAENG's current net profit margins (10.8%) are lower than last year (17.9%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: KARMAENG has become profitable over the past 5 years, growing earnings by 56.1% per year.

Accelerating Growth: KARMAENG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: KARMAENG had negative earnings growth (-32.7%) over the past year, making it difficult to compare to the Renewable Energy industry average (17.2%).


Return on Equity

High ROE: KARMAENG's Return on Equity (2.6%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/25 10:02
End of Day Share Price 2026/06/25 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Karma Energy Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.