Karma Energy Ltd
NSE: KARMAENG · Power Generation
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We are not actively covering this company or have limited coverage today. Click to request coverage.
Snapshot
Unlock Karma Energy Ltd's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Karma Energy Ltd is a renewable energy company within the Weizmann group, primarily focused on power generation through wind, hydro, and solar sources. The company currently operates 30.50 MW of wind power projects across Maharashtra and Tamil Nadu.
Business Model
The company generates revenue by supplying electricity to state governments and government-owned grids, supplemented by the sale of renewable energy certificates. It focuses on long-term power purchase agreements to monetise its wind energy assets.
- Operating Wind Capacity:30.50 MW
Management Commentary
Management has recently streamlined operations by discontinuing a 7.5 MW wind farm in Andhra Pradesh due to unfavourable tariff conditions. The focus remains on maintaining operational efficiency within its core wind power portfolio.
Growth Outlook
Growth is contingent upon the optimisation of existing renewable assets and potential expansion into solar and hydropower segments. The company continues to monitor tariff trends to ensure the viability of its power generation projects.
Key Risks
- Regulatory and Tariff Risk. Changes in government policies or low tariff offerings from state utilities can significantly impact the profitability of renewable energy projects.
- Resource Dependency. As a renewable energy generator, the company's revenue is highly dependent on favourable wind patterns and climatic conditions.
- Counterparty Credit Risk. The company faces potential payment delays or defaults from state-owned distribution companies, which are the primary purchasers of its generated power.
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Key Metrics
REVENUE
₹10 Cr
TTM · standalone
NET PROFIT
₹1 Cr
TTM · standalone
EPS
₹0.92
TTM · standalone
RETURN ON EQUITY
2.6%
TTM · standalone
RETURN ON CAPITAL EMPLOYED
-1.7%
TTM · standalone
P/E
39.5x
Q4 FY26 · standalone
EV/EBITDA
109.7x
Q4 FY26 · standalone
EBITDA MARGIN
4.4%
TTM · standalone
NET PROFIT MARGIN
-93.2%
Q4 FY26 · standalone
DEBT TO EQUITY
0.0x
Q4 FY26 · standalone
Peers · Power Generation
| Company | Mkt Cap | P/E | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
Karma Energy LtdKARMAENG | ₹46 Cr | 39.49 | 109.70 | 12.2% | 4.4% | 2.6% | -1.7% | -36.5% |
Gujarat Industries Power Company LimitedGIPCL | ₹2,975 Cr | 5.40 | 7.13 | 23.8% | 52.8% | 13.7% | 6.8% | -3.9% |
Ujaas EnergyUEL | ₹2,559 Cr | 633.34 | 395.51 | -26.9% | 38.4% | 4.5% | 6.9% | -36.9% |
Insolation EnerINA | ₹2,016 Cr | — | — | — | 7.7% | — | — | -51.5% |
K.P. EnergyKPEL | ₹1,551 Cr | 8.04 | 5.67 | 74.3% | 19.0% | 43.5% | 39.7% | -45.5% |
Orient Green Power Company LimitedGREENPOWER | ₹1,065 Cr | 15.95 | 7.53 | -0.1% | 69.5% | 6.0% | 7.7% | -33.5% |
As of Q4 FY26
Financials
Karma Energy Ltd
NSE: KARMAENG · Power Generation
Limited coverage
We are not actively covering this company or have limited coverage today. Click to request coverage.
Snapshot
Unlock Karma Energy Ltd's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Karma Energy Ltd is a renewable energy company within the Weizmann group, primarily focused on power generation through wind, hydro, and solar sources. The company currently operates 30.50 MW of wind power projects across Maharashtra and Tamil Nadu.
Business Model
The company generates revenue by supplying electricity to state governments and government-owned grids, supplemented by the sale of renewable energy certificates. It focuses on long-term power purchase agreements to monetise its wind energy assets.
- Operating Wind Capacity:30.50 MW
Management Commentary
Management has recently streamlined operations by discontinuing a 7.5 MW wind farm in Andhra Pradesh due to unfavourable tariff conditions. The focus remains on maintaining operational efficiency within its core wind power portfolio.
Growth Outlook
Growth is contingent upon the optimisation of existing renewable assets and potential expansion into solar and hydropower segments. The company continues to monitor tariff trends to ensure the viability of its power generation projects.
Key Risks
- Regulatory and Tariff Risk. Changes in government policies or low tariff offerings from state utilities can significantly impact the profitability of renewable energy projects.
- Resource Dependency. As a renewable energy generator, the company's revenue is highly dependent on favourable wind patterns and climatic conditions.
- Counterparty Credit Risk. The company faces potential payment delays or defaults from state-owned distribution companies, which are the primary purchasers of its generated power.
Start your research today
Unlock AI insights, financials, peers and live data on Karma Energy Ltd and 5,000+ companies — free.
Key Metrics
REVENUE
₹10 Cr
TTM · standalone
NET PROFIT
₹1 Cr
TTM · standalone
EPS
₹0.92
TTM · standalone
RETURN ON EQUITY
2.6%
TTM · standalone
RETURN ON CAPITAL EMPLOYED
-1.7%
TTM · standalone
P/E
39.5x
Q4 FY26 · standalone
EV/EBITDA
109.7x
Q4 FY26 · standalone
EBITDA MARGIN
4.4%
TTM · standalone
NET PROFIT MARGIN
-93.2%
Q4 FY26 · standalone
DEBT TO EQUITY
0.0x
Q4 FY26 · standalone
Peers · Power Generation
As of Q4 FY26