About
Karma Energy Limited generates and sells power from renewable sources in India. The company develops and operates wind farms with a capacity of 33 MW in the states of Andhra Pradesh, Maharashtra, and Tamil Nadu. It also develops a 3.5 MW hydro power project in Balij-ka-Nala-II, Chamba District. The company was incorporated in 2007 and is based in Mumbai, India.
Key Metrics
as of Sep 2026Market Cap43 Cr
P/Eβ
Div Yield0.00 %
Book ValueβΉ26.10
52w HighβΉ73.80
52w LowβΉ34.40
Face ValueβΉ10.00
Quarterly Results
Rs. Crores Β· hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3.20 | 0.88 | 1.20 | 4.62 | 3.06 | 0.94 | 0.94 | 4.42 | 2.40 | 1.03 | 1.51 | 6.31 | 3.51 |
| Expenses | 2.55 | 3.32 | 3.12 | 3.03 | 3.15 | 1.47 | 2.32 | 2.26 | 2.20 | 3.50 | 2.24 | 2.12 | 2.44 |
| Operating Profit | 0.65 | -2.44 | -1.92 | 1.59 | -0.09 | -0.53 | -1.38 | 2.16 | 0.20 | -2.47 | -0.73 | 4.19 | 1.07 |
| OPM % | 20.31 | -277.27 | -160.00 | 34.42 | -2.94 | -56.38 | -146.81 | 48.87 | 8.33 | -239.81 | -48.34 | 66.40 | 30.48 |
| Other Income | 0.39 | 1.88 | 0.33 | 0.37 | 1.53 | 0.93 | 0.28 | 0.44 | 1.35 | 0.69 | 0.21 | 0.00 | 0.06 |
| Depreciation | 0.51 | 0.51 | 0.51 | 0.50 | 0.50 | 0.48 | 0.47 | 0.47 | 0.47 | 0.70 | 0.75 | 0.75 | 0.74 |
| Interest | 0.03 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.05 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 |
| Profit before tax | 0.50 | -1.11 | -2.14 | 1.42 | 0.90 | -0.12 | -1.62 | 2.10 | 1.05 | -2.51 | -1.30 | 3.41 | 0.36 |
| Tax % | 12.00 | -26.13 | -110.75 | 26.06 | 32.22 | -225.00 | -13.58 | 17.62 | 11.43 | -30.68 | -23.08 | 24.93 | 19.44 |
| Net Profit | 0.44 | -0.82 | 0.22 | 1.05 | 0.61 | 0.15 | -1.40 | 1.72 | 0.93 | -1.74 | -0.99 | 2.57 | 0.29 |
| EPS in Rs | 0.38 | -0.71 | 0.19 | 0.91 | 0.53 | 0.13 | -1.21 | 1.49 | 0.80 | -1.50 | -0.86 | 2.22 | 0.25 |
Profit & Loss
Annual Β· Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 9.76 | 8.70 | 12.35 | 12.81 | 27.53 | 23.07 | 35.88 | 29.11 | 33.50 | 27.47 | 13.97 | 15.32 |
| Expenses | 12.62 | 8.25 | 9.14 | 9.62 | 22.24 | 24.89 | 25.90 | 25.23 | 25.61 | 16.80 | 9.00 | 10.24 |
| Operating Profit | -2.86 | 0.45 | 3.21 | 3.19 | 5.29 | -1.82 | 9.98 | 3.88 | 7.89 | 10.67 | 4.97 | 5.08 |
| OPM % | -29.30 | 5.17 | 25.99 | 24.90 | 19.22 | -7.89 | 27.81 | 13.33 | 23.55 | 38.84 | 35.58 | 33.16 |
| Other Income | 4.10 | 3.00 | -0.18 | 9.98 | 0.95 | 0.49 | 0.99 | -0.53 | 0.31 | 1.15 | 5.58 | 2.72 |
| Interest | 0.16 | 0.15 | 0.12 | 1.14 | 3.41 | 5.25 | 5.35 | 4.22 | 4.50 | 7.77 | 6.99 | 7.13 |
| Depreciation | 2.02 | 1.89 | 2.94 | 4.83 | 5.09 | 5.11 | 5.42 | 4.96 | 4.98 | 4.98 | 5.00 | 4.90 |
| Profit before tax | -0.94 | 1.41 | -0.03 | 7.20 | -2.26 | -11.69 | 0.20 | -5.83 | -1.28 | -0.93 | -1.44 | -4.23 |
| Tax % | -210.64 | 0.00 | -500.00 | 18.19 | -5.75 | -8.55 | 15.00 | -27.27 | -12.50 | -300.00 | 6.94 | -26.00 |
| Net Profit | 1.05 | 1.40 | 0.12 | 5.89 | -2.13 | -10.69 | 0.17 | -4.25 | -1.12 | 1.85 | -1.54 | -3.13 |
| EPS in Rs | 0.91 | 1.21 | 0.10 | 5.09 | -1.84 | -9.24 | 0.15 | -3.67 | -0.97 | 1.60 | -1.33 | -2.71 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual Β· Rs. Crores β latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Reserves | 29.26 | 28.25 | 26.87 | 26.90 | 18.64 | 20.99 | 34.25 | 36.17 | 62.12 | 43.48 | 29.98 | 31.53 |
| Borrowings | 1.52 | 1.95 | 1.08 | 6.28 | 18.80 | 64.78 | 71.14 | 56.66 | 44.31 | 59.29 | 73.41 | 50.44 |
| Other Liabilities | 4.71 | 10.23 | 10.52 | 10.72 | 14.40 | 15.22 | 14.32 | 15.36 | 24.26 | 19.26 | 21.70 | 23.08 |
| Total Liabilities | 47.06 | 52.00 | 50.04 | 55.47 | 63.41 | 112.56 | 131.28 | 119.76 | 142.26 | 133.60 | 136.66 | 116.62 |
| Fixed Assets | 21.21 | 22.06 | 23.29 | 27.38 | 32.37 | 37.46 | 42.31 | 45.10 | 42.92 | 47.89 | 53.10 | 58.10 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.33 | 0.32 | 0.37 | 0.34 | 0.32 |
| Investments | 11.06 | 5.76 | 12.54 | 13.52 | 1.88 | 52.42 | 58.99 | 49.88 | 78.61 | 53.13 | 44.21 | 34.36 |
| Other Assets | 14.79 | 24.18 | 14.21 | 14.57 | 29.16 | 22.68 | 29.98 | 24.45 | 20.41 | 32.21 | 39.01 | 23.84 |
| Total Assets | 47.06 | 52.00 | 50.04 | 55.47 | 63.41 | 112.56 | 131.28 | 119.76 | 142.26 | 133.60 | 136.66 | 116.62 |
Cash Flows
Annual Β· Rs. Crores β latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 1.93 | 1.66 | 4.43 | 4.96 | -1.59 | 11.08 | 4.67 | 5.72 | 14.13 | 19.08 | -12.21 | 10.63 |
| Cash from Investing Activity | -1.82 | -1.89 | 0.69 | 8.55 | 50.69 | 0.12 | -19.40 | -10.63 | 3.98 | -4.26 | -9.87 | -3.22 |
| Cash from Financing Activity | -0.58 | 0.72 | -5.32 | -13.49 | -49.39 | -11.03 | 7.56 | 8.12 | -14.02 | -15.06 | 22.06 | -7.51 |
| Net Cash Flow | -0.47 | 0.49 | -0.20 | 0.02 | -0.30 | 0.17 | -7.16 | 3.21 | 4.09 | -0.24 | -0.02 | -0.10 |
| Free Cash Flow | 1.13 | 0.84 | 3.52 | 5.39 | -1.59 | 10.86 | 3.59 | -1.44 | 14.19 | 19.04 | -12.23 | 7.41 |
| CFO/OP % | -88.00 | 462.00 | 163.00 | 199.00 | -29.00 | -671.00 | 48.00 | 185.00 | 194.00 | 191.00 | -245.00 | 275.00 |
Ratios
Annual Β· Days / % β latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 46.00 | 292.00 | 271.02 | 300.89 | 131.39 | 107.43 | 161.34 | 124.26 | 83.02 | 332.84 | 798.45 | 371.19 |
| Cash Conversion Cycle | 46.00 | 292.00 | 271.02 | 300.89 | 131.39 | 107.43 | 161.34 | 124.26 | 83.02 | 332.84 | 798.45 | 371.19 |
| Working Capital Days | 497.76 | 632.25 | 207.77 | 104.29 | 92.01 | -623.36 | -305.59 | -169.02 | 45.65 | -391.57 | -667.56 | -120.55 |
| ROCE % | -4.76 | 0.98 | 2.44 | 6.98 | 1.57 | -6.01 | 5.01 | 0.78 | 2.77 | 5.97 | 0.34 | 1.55 |
Corporate Actions
14 records| Action | Ex Date | Record Date | Ratio | Amount (βΉ) | Notes |
|---|---|---|---|---|---|
| Other | 23 Jul 2024 | 23 Jul 2024 | β | β | Annual General Meeting |
| Other | 20 Jul 2023 | 20 Jul 2023 | β | β | Annual General Meeting |
| Other | 20 Jul 2022 | 21 Jul 2022 | β | β | Annual General Meeting |
| Other | 20 Sep 2021 | 21 Sep 2021 | β | β | Annual General Meeting |
| Other | 14 Dec 2020 | 15 Dec 2020 | β | β | Annual General Meeting |
| Other | 29 Jul 2019 | 30 Jul 2019 | β | β | Annual General Meeting |
| Other | 27 Jul 2018 | β | β | β | Annual General Meeting |
| Other | 11 Aug 2017 | β | β | β | Annual General Meeting |
| Other | 24 Aug 2016 | β | β | β | Annual General Meeting |
| Other | 03 Sep 2015 | β | β | β | Annual General Meeting |
| Dividend | 04 Sep 2014 | β | β | 0.50 | |
| Dividend | 23 Jul 2013 | β | β | 0.50 | |
| Dividend | 21 Sep 2012 | β | β | 0.50 | |
| Dividend | 26 Sep 2011 | β | β | 0.50 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results β Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update8 Aug 2023 from brickwork
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Rating update28 Nov 2022 from brickwork
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Rating update1 Jul 2022 from brickwork
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Rating update28 Jun 2021 from brickwork
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Rating update31 Mar 2020 from brickwork
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Rating update16 Mar 2020 from brickwork