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KARMAENG · Karma Energy Ltd · Electric Utilities

KARMAENG · Karma Energy Ltd · Electric Utilities

₹34.69+3.1%

As of 05 Nov close

52-week range

52wk low ₹31.2652wk high ₹58

40.2% below 52-week high

52-week range: as of 05 Nov 2026 close.

Price chartDaily closes on the stock page.

Stock Condition:Pro

Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.

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Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old

Profit declined YoY for 2 straight quarters

Revenue (latest Q)

₹3 Cr

Revenue YoY

PAT YoY

-27.9%

Operating margin

Revenue, last 8 quarters

P/E (TTM)

P/B

1.1

P/S (TTM)

4.6

Sector P/E

22.3

Dividend yield

0.0%

CompanyP/EP/BNet marginROED/EDiv. yield
KARMAENG (this stock)53.91.1+9.0%+2.2%0.040.0%
Adani Power30.16+24.1%+21.9%0.840.0%
Power Grid Corporation of India16.82.5+40.4%+18.9%1.47+3.3%
Adani Green Energy136.310.4+13.2%+8.9%5.080.0%

Promoter

stable

FII

Not available from data source

MF

Not available from data source

Insider trades

No insider trades in the last 12 months.

Bulk/block deals

No bulk/block deals in the last 12 months.

News timeline

No related news.

Concalls & investor presentations

AI-generated

No concall transcripts or investor presentations recorded yet.

AI Summary of Annual Report

AI-generated
FY2021-22158 pages

Karma Energy Limited reported a loss of Rs. 1,327.36 lakh for FY2021-22, with total income of Rs. 2,848.64 lakh, reflecting ongoing operational challenges. The company did not declare dividends due to delayed payments from state utilities and regulatory changes impacting revenue. A secured term loan from HDFC Bank remains active without default, but the company faces liquidity pressures from delayed receivables and reduced REC trading. No dividends were transferred to reserves, and the company has no subsidiaries or associates post the merger of Greenweiz Projects Ltd and sale of Batot Hydro Power Ltd. The auditor's report highlights key audit matters related to unquoted financial assets and valuation judgments, with no material misstatements identified.

  • Reported a loss of Rs. 1,327.36 lakh for FY2021-22 with total income of Rs. 2,848.64 lakh.
  • No dividends declared due to delayed utility payments and regulatory changes.
  • Secured term loan from HDFC Bank active without default, but liquidity pressures from delayed receivables.
  • No subsidiaries or associates post merger of Greenweiz Projects Ltd and sale of Batot Hydro Power Ltd.
  • Auditor highlighted key audit matters on unquoted financial assets and valuation judgments.

Key takeaway: Karma Energy Limited faces significant financial challenges, including operational losses, delayed receivables, and regulatory headwinds, with no dividends declared and liquidity pressures despite maintaining loan covenants.

The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.

Filed with NSE · 01 Jan 1970View source filing →

Governance disclosures

AI-generated

Needs attention

Regulatory Action (2 items)

Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.

Regulatory Action

2 occurrences

Recent (last 12 months)

Annual Report01 Jul 2026 (FY2025-26)· 2 passages
View source filing →

The company received notices from NSE for non-compliance of SEBI regulations, resulting in penalties of Rs. 422,440 and Rs. 141,600, and is under a settlement process with SEBI for a penalty of Rs. 29.25 lakh related to non-compliance with related party transaction rules and policy updates.

Earlier (1-3 years ago)

Annual Report03 Sept 2025 (FY2024-25)· 3 passages
View source filing →

The company has a penalty proposed by SEBI on account of Listing, Obligation and Disclosure Requirements (LODR), pending adjudication order amounting to Rs. 29.25 Lac.

Routine disclosures

Contingent Liability

1 occurrence

Earlier (1-3 years ago)

Annual Report03 Sept 2025 (FY2024-25)
View source filing →

Karma Energy Limited has contingent liabilities including income tax matters amounting to Rs. 334.28 Lac and GST demand for FY 2018-19 amounting to Rs. 39.09 Lac. The company cannot estimate the closure of these issues or the timing of any cash outflow.

Related-Party Transaction

1 occurrence

Recent (last 12 months)

Annual Report01 Jul 2026 (FY2025-26)
View source filing →

The company passed resolutions for entering into Material Related Party Transactions with M/s. Tapi Energy Projects Ltd and Windia Infrastructure Finance Ltd on 28th March, 2025.

Promoter Share Pledge

1 occurrence

Recent (last 12 months)

Structured Filing Data (NSE Pledge Disclosure)18 Jul 2026

0.25% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).

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