Karma Energy Limited (IN:KARMAENG)
:KARMAENG
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Karma Energy Limited
(KARMAENG)
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Rating:55Neutral
Price Target:
₹41.00
▼(-34.09% Downside)
Action:Reiterated
Date:05/31/26
The score is anchored by improved financial position and better recent free cash flow, but is held back by inconsistent operating profitability and revenue/margin volatility. Technically, the stock shows weak momentum (negative MACD, below key moving averages), while valuation is only moderate with no dividend support.
Positive Factors
Balance sheet strength
A materially de‑risked balance sheet with sharply reduced debt and a large, stable equity base provides durable financial flexibility. This supports funding for projects, weathering demand swings, and the ability to prioritize capex or opportunistic M&A without forcing dilutive financing.
Negative Factors
Inconsistent operating profitability
Operating profitability has swung widely, with negative gross and operating profits in some years. Persistent operating volatility makes earnings unreliable, complicates long‑term planning, and raises execution risk for sustaining margins as the business scales.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance sheet strength
A materially de‑risked balance sheet with sharply reduced debt and a large, stable equity base provides durable financial flexibility. This supports funding for projects, weathering demand swings, and the ability to prioritize capex or opportunistic M&A without forcing dilutive financing.
Read all positive factors
Karma Energy Limited (KARMAENG) vs. iShares MSCI India ETF (INDA)
Market Cap
₹495.66M
Dividend YieldN/A
Average Volume (3M)1.08K
Price to Earnings (P/E)46.9
Beta (1Y)0.82
Revenue Growth12.13%
EPS Growth-32.63%
CountryIN
Employees33
SectorEnergy
Sector Strength52
IndustryRegulated Electric
Share Statistics
EPS (TTM)0.49
Shares Outstanding11,569,918
10 Day Avg. Volume2,749
30 Day Avg. Volume1,076
Financial Highlights & Ratios
PEG Ratio-1.16
Price to Book (P/B)0.97
Price to Sales (P/S)4.07
P/FCF Ratio19.60
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Karma Energy Limited Business Overview & Revenue Model
Company Description
Karma Energy Ltd. engages in the business of generation of power from renewable energy sources. It focuses on wind and small hydel projects. The company was founded on March 15, 2007 and is headquartered in Mumbai, India....
Karma Energy Limited Financial Statement Overview
Summary
Income Statement
44
Neutral
Balance Sheet
72
Positive
Cash Flow
63
Positive
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 95.69M | 97.58M | 87.03M | 123.52M | 128.08M | 275.35M |
| Gross Profit | 52.71M | -17.78M | 55.35M | 82.95M | 82.09M | 26.69M |
| EBITDA | 28.62M | -28.64M | 36.07M | 30.32M | 131.76M | 62.38M |
| Net Income | 5.60M | 10.49M | 15.60M | 1.24M | 58.90M | -21.26M |
Balance Sheet | ||||||
| Total Assets | 512.09M | 470.63M | 519.99M | 500.44M | 554.68M | 634.04M |
| Cash, Cash Equivalents and Short-Term Investments | 2.77M | 1.06M | 5.77M | 907.00K | 2.95M | 110.02M |
| Total Debt | 17.38M | 15.26M | 19.48M | 10.79M | 62.84M | 188.03M |
| Total Liabilities | 95.95M | 62.38M | 120.19M | 116.02M | 169.95M | 331.91M |
| Stockholders Equity | 416.14M | 408.25M | 399.79M | 384.43M | 384.73M | 302.13M |
Cash Flow | ||||||
| Free Cash Flow | 10.47M | 20.25M | 3.19M | 35.24M | 49.62M | -10.95M |
| Operating Cash Flow | 11.24M | 36.31M | 16.60M | 44.31M | 49.62M | -10.90M |
| Investing Cash Flow | -11.28M | -36.00M | -18.93M | 6.87M | 85.45M | 501.83M |
| Financing Cash Flow | -2.97M | -5.03M | 7.20M | -53.22M | -134.91M | -493.89M |
Karma Energy Limited Technical Analysis
Neutral
62.21
Price Trends
46.86
Negative
43.79
Negative
49.16
Negative
Market Momentum
-1.29
Negative
47.95
Neutral
45.11
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:KARMAENG, the sentiment is Neutral. The current price of 62.21 is above the 20-day moving average (MA) of 42.75, above the 50-day MA of 46.86, and above the 200-day MA of 49.16, indicating a neutral trend. The MACD of -1.29 indicates Negative momentum. The RSI at 47.95 is Neutral, neither overbought nor oversold. The STOCH value of 45.11 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:KARMAENG.
Karma Energy Limited Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
63 Neutral | ₹78.83B | 16.51 | ― | 0.20% | 55.34% | 45.62% | |
59 Neutral | ₹81.94B | 74.17 | ― | ― | 24.19% | 382.18% | |
57 Neutral | ₹2.51T | 154.44 | ― | ― | 14.13% | 10.67% | |
55 Neutral | ₹495.66M | 46.90 | ― | ― | 12.13% | -32.63% | |
55 Neutral | ₹252.28B | 43.43 | ― | ― | 44.00% | 97.66% | |
51 Neutral | ₹1.47B | 70.31 | ― | ― | 27.86% | -3.33% |
* Energy Sector Average
IN:KARMAENG
Karma Energy Limited
42.84
-30.10
-41.27%
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Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.