Karma Energy Limited (KARMAENG) AI Stock Analysis

• Market Cap: ₹448.22M
• Dividend Yield: N/A
• Average Volume (3M): 1.08K
• Price to Earnings (P/E): 66.9
• Beta (1Y): 0.68
• 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: 44 Neutral
• Price Target: ₹42.00 ▼(-32.49% Downside)
• Action: Reiterated Date: 01/23/26
• Date: Action: Reiterated 01/23/26

The score is held down primarily by weak financial performance (volatile and declining revenues plus inconsistent cash generation) and a clearly bearish technical setup with the price far below key moving averages. Valuation further detracts due to a very high P/E and no dividend yield data.

Positive Factors

Debt Reduction & Improved Leverage

A material reduction in total debt to 19.49 million from 981.41 million materially lowers fixed financing obligations and interest risk. This durable improvement in leverage enhances balance sheet flexibility, supports capital allocation and reduces refinancing risk over the next several quarters.

Negative Factors

Sharp Revenue Decline and Volatility

A multi-year fall in revenue from 418.77m to 87.03m signals structural demand or execution issues. Persistent top-line contraction constrains margin leverage, limits scale benefits, and makes recovery dependent on durable new contracts or market share gains that may take many quarters to materialize.

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...

How the Company Makes Money

Karma Energy Limited generates revenue through multiple streams including the sale and installation of renewable energy systems, such as solar panels and wind turbines, to residential and commercial clients. The company also earns income from long...

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Karma Energy Limited generates revenue through multiple streams including the sale and installation of renewable energy systems, such as solar panels and wind turbines, to residential and commercial clients. The company also earns income from long...

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: Neutral
• Last Price: 62.21
• 50DMA: Negative
• 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 Neutral. The current price of 62.21 is above the 20-day moving average (MA) of 38.42, above the 50-day MA of 40.64, and above the 200-day MA of 54.07, indicating a neutral trend. The MACD of -1.02 indicates Negative momentum. The RSI at 47.22 is Neutral, neither overbought nor oversold. The STOCH value of 71.70 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

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	63 Neutral	₹3.77B	22.77	―	0.25%	64.71%	48.65%
INOXGREEN	54 Neutral	₹58.26B	79.81	―	―	24.33%	66.14%
INDOWIND	48 Neutral	₹1.34B	121.42	―	―	26.90%	-67.65%
KARMAENG	44 Neutral	₹448.22M	66.92	―	―	2.35%	―
SWSOLAR	43 Neutral	₹38.64B	-446.21	―	―	112.24%	-474.43%