Karma Energy Limited (KARMAENG) AI Stock Analysis

• Market Cap: ₹485.24M
• Dividend Yield: N/A
• Average Volume (3M): 1.08K
• Price to Earnings (P/E): 66.9
• Beta (1Y): 0.69
• Revenue Growth: 2.35%
• EPS Growth: N/A
• Country: IN
• Employees: 33
• Sector: Energy
• Sector Strength: 52
• Industry: Renewable Utilities
• EPS (TTM): 0.19
• Shares Outstanding: 11,569,918
• 10 Day Avg. Volume: 2,749
• 30 Day Avg. Volume: 1,076
• PEG Ratio: 0.03
• Price to Book (P/B): 1.48
• Price to Sales (P/S): 6.80
• P/FCF Ratio: 185.86
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 43 Neutral
• Price Target: ₹40.00 ▼(-35.70% Downside)
• Action: Reiterated Date: 04/09/26
• Date: Action: Reiterated 04/09/26

The score is held down primarily by weak financial performance (volatile revenues, inconsistent profitability, and uneven cash flows) and bearish technical signals (below longer-term moving averages with negative MACD). A high P/E with no dividend yield provided further pressures the overall assessment, partially offset by improved balance-sheet leverage from significant debt reduction.

Positive Factors

Material debt reduction

A dramatic fall in reported total debt meaningfully reduces leverage and interest burden, improving financial flexibility. This strengthens the company's ability to fund operations or invest in projects without heavy refinancing risk, a durable improvement in capital structure.

Negative Factors

Severe revenue decline & volatility

A multi-year, sharp revenue decline and ongoing volatility undermine scale economics and predictability. Reduced top-line size weakens pricing leverage, spreads fixed costs, and complicates long-term planning for projects and contracts in the renewables business.

Karma Energy Limited Business Overview & Revenue Model

Company Description

Karma Energy Limited generates 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 p...

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Karma Energy Limited generates 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 p...

Karma Energy Limited Financial Statement Overview

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	95.69M	87.03M	123.52M	128.08M	275.35M	252.84M
Gross Profit	52.71M	55.35M	82.95M	82.09M	26.69M	50.63M
EBITDA	28.62M	36.07M	30.32M	131.76M	62.38M	-7.87M
Net Income	5.60M	15.60M	1.24M	58.90M	-21.26M	-132.74M
Balance Sheet
Total Assets	512.09M	519.99M	500.44M	554.68M	634.04M	1.19B
Cash, Cash Equivalents and Short-Term Investments	2.77M	5.77M	907.00K	2.95M	110.02M	110.61M
Total Debt	17.38M	19.48M	10.79M	62.84M	188.03M	933.65M
Total Liabilities	95.95M	120.19M	116.02M	169.95M	331.91M	1.09B
Stockholders Equity	416.14M	399.79M	384.43M	384.73M	302.13M	98.91M
Cash Flow
Free Cash Flow	10.47M	3.19M	35.24M	49.62M	-10.95M	99.66M
Operating Cash Flow	11.24M	16.60M	44.31M	49.62M	-10.90M	106.29M
Investing Cash Flow	-11.28M	-18.93M	6.87M	85.45M	501.83M	14.03M
Financing Cash Flow	-2.97M	7.20M	-53.22M	-134.91M	-493.89M	-118.30M

Karma Energy Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 62.21
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:KARMAENG, the sentiment is Positive. The current price of 62.21 is above the 20-day moving average (MA) of 38.70, above the 50-day MA of 40.63, and above the 200-day MA of 53.70, indicating a neutral trend. The MACD of -0.41 indicates Negative momentum. The RSI at 56.63 is Neutral, neither overbought nor oversold. The STOCH value of 79.37 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:KARMAENG.

Karma Energy Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
ZODIAC	64 Neutral	₹4.07B	22.77	―	0.25%	64.71%	48.65%
INOXGREEN	54 Neutral	₹60.95B	79.81	―	―	24.33%	66.14%
INDOWIND	48 Neutral	₹1.41B	121.42	―	―	26.90%	-67.65%
KARMAENG	43 Neutral	₹485.24M	66.92	―	―	2.35%	―
SWSOLAR	43 Neutral	₹40.96B	-446.21	―	―	112.24%	-474.43%