Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 04 March, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Karma Energy Ltd

About the Company - Karma Energy Ltd

Karma Energy Ltd. is a Public Limited Listed company incorporated on 15/03/2007 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L31101MH2007PLC168823 and registration number is 168823. Currently Company is involved in the business activities of Electric power generation using other non conventional sources. Company’s Total Operating Revenue is Rs. 27.53 Cr. and Equity Capital is Rs. 11.57 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Power - Generation/DistributionEmpire House, 214, Dr. D.N.Road, Mumbai Maharashtra 400001investorshelpdesk@weizmann.co.in
http://www.karmaenergy.co
Management
NamePosition Held
Mr. Dharmendra G SirajChairman
Mr. Chetan D MehraVice Chairman
Mr. Ganesh N KamathManaging Director
Mr. Neelkamal V SirajDirector
Mr. Kishore M VussonjiDirector
Mrs. Smita V DavdaDirector
Mr. Balady S ShettyDirector

Karma Energy Ltd. Share Price Update

Share PriceValue
Today₹92.55
Previous Day₹94.40

Basic Stock Data of Karma Energy Ltd

Market Cap 89.9 Cr.
Current Price 77.7
High / Low106/28.6
Stock P/E26.4
Book Value 35.7
Dividend Yield0.00 %
ROCE6.98 %
ROE8.15 %
Face Value 10.0

Data Source: screener.in

Karma Energy Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales4.192.306.5411.197.881.933.935.871.871.153.516.311.51
Expenses5.084.416.108.954.512.692.242.712.112.552.442.122.24
Operating Profit-0.89-2.110.442.243.37-0.761.693.16-0.24-1.401.074.19-0.73
OPM %-21.24%-91.74%6.73%20.02%42.77%-39.38%43.00%53.83%-12.83%-121.74%30.48%66.40%-48.34%
Other Income0.190.110.160.170.100.520.300.200.169.310.060.000.21
Interest1.241.490.980.960.900.570.410.380.310.040.030.030.03
Depreciation1.291.261.261.281.281.271.211.221.221.190.740.750.75
Profit before tax-3.23-4.75-1.640.171.29-2.080.371.76-1.616.680.363.41-1.30
Tax %35.91%-13.89%16.46%-158.82%-5.43%-23.08%-129.73%-23.30%12.42%36.08%19.44%24.93%23.08%
Net Profit-2.06-5.41-1.370.441.37-2.560.862.17-1.414.260.292.57-0.99
EPS in Rs-1.78-4.68-1.180.381.18-2.210.741.88-1.223.680.252.22-0.86

Karma Energy Ltd Quarterly Chart

Karma Energy Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales25.3630.1428.5615.3213.9727.4733.5029.1135.8823.0727.5312.8112.84
Expenses8.4910.2112.9010.249.0016.8025.6125.2325.9024.8922.249.629.22
Operating Profit16.8719.9315.665.084.9710.677.893.889.98-1.825.293.193.62
OPM %66.52%66.12%54.83%33.16%35.58%38.84%23.55%13.33%27.81%-7.89%19.22%24.90%28.19%
Other Income4.471.702.682.725.581.150.31-0.530.990.490.959.989.53
Interest9.4510.058.117.136.997.774.504.225.355.253.411.140.41
Depreciation7.937.827.744.905.004.984.984.965.425.115.094.833.90
Profit before tax3.963.762.49-4.23-1.44-0.93-1.28-5.830.20-11.69-2.267.208.84
Tax %40.66%34.57%38.15%26.00%-6.94%300.00%12.50%27.27%15.00%8.55%5.75%18.19%
Net Profit2.352.461.53-3.13-1.541.85-1.12-4.250.17-10.69-2.135.895.71
EPS in Rs2.032.131.32-2.71-1.331.60-0.97-3.670.15-9.24-1.845.094.93
Dividend Payout %24.60%23.52%37.81%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Karma Energy Ltd Profit & Loss Yearly Chart

Karma Energy Ltd Growth

Compounded Sales Growth
10 Years:-8%
5 Years:-17%
3 Years:-29%
TTM:-35%
Compounded Profit Growth
10 Years:0%
5 Years:35%
3 Years:154%
TTM:62%
Stock Price CAGR
10 Years:22%
5 Years:38%
3 Years:77%
1 Year:264%
Return on Equity
10 Years:-4%
5 Years:-5%
3 Years:-10%
Last Year:8%

Karma Energy Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital11.5611.5711.5711.5711.5711.5711.5711.5711.5711.5711.5711.5711.57
Reserves31.9733.7534.6031.5329.9843.4862.1236.1734.2520.9918.6426.9029.76
Borrowings75.1471.1554.9250.4473.4159.2944.3156.6671.1464.7818.806.281.14
Other Liabilities29.2727.1725.5223.0821.7019.2624.2615.3614.3215.2214.4010.7211.51
Total Liabilities147.94143.64126.61116.62136.66133.60142.26119.76131.28112.5663.4155.4753.98
Fixed Assets75.2767.4659.7558.1053.1047.8942.9245.1042.3137.4632.3727.3825.89
CWIP0.060.150.290.320.340.370.320.330.000.000.000.000.00
Investments31.2331.6134.3634.3644.2153.1378.6149.8858.9952.421.8813.528.28
Other Assets41.3844.4232.2123.8439.0132.2120.4124.4529.9822.6829.1614.5719.81
Total Assets147.94143.64126.61116.62136.66133.60142.26119.76131.28112.5663.4155.4753.98

Karma Energy Ltd Reserves and Borrowings Chart

Karma Energy Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -5.965.5919.0810.63-12.2119.0814.135.724.6711.08-1.594.96
Cash from Investing Activity -5.68-0.47-1.59-3.22-9.87-4.263.98-10.63-19.400.1250.698.55
Cash from Financing Activity 14.33-5.46-15.78-7.5122.06-15.06-14.028.127.56-11.03-49.39-13.49
Net Cash Flow2.69-0.341.71-0.10-0.02-0.244.093.21-7.160.17-0.300.02

Karma Energy Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days168.2558.1343.07371.19798.45332.8483.02124.26161.34107.43131.39300.89
Inventory Days
Days Payable
Cash Conversion Cycle168.2558.1343.07371.19798.45332.8483.02124.26161.34107.43131.39300.89
Working Capital Days310.60261.3497.904.05385.90123.9745.6533.7357.68107.27171.96253.02
ROCE %16.65%12.83%9.85%1.55%0.34%5.97%2.77%0.78%5.01%-6.01%1.57%6.98%

Karma Energy Ltd Financial Efficiency Indicators Chart

Karma Energy Ltd Share Holding Pattern

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters74.70%74.70%74.70%74.70%74.70%74.70%74.70%74.70%74.70%74.70%74.70%74.70%
Public25.30%25.30%25.30%25.30%25.30%25.30%25.30%25.30%25.30%25.29%25.30%25.30%
No. of Shareholders6,5676,7807,0227,4647,4847,7227,8387,9937,9937,7697,6307,716

Karma Energy Ltd Shareholding Pattern Chart

No. of Karma Energy Ltd Shareholders

This stock is not held by any mutual fund

Karma Energy Ltd ROCE Trend

Karma Energy Ltd EPS Trend

Karma Energy Ltd Key Financial Ratios

MonthMar 22Mar 21Mar 20Mar 19Mar 18
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)-1.40-11.47-0.24-8.62-2.11
Diluted EPS (Rs.)-1.40-11.47-0.24-8.62-2.11
Cash EPS (Rs.)3.87-6.015.86-4.622.19
Book Value[Excl.RevalReserv]/Share (Rs.)26.118.5522.8637.1373.90
Book Value[Incl.RevalReserv]/Share (Rs.)26.118.5522.8637.1373.90
Revenue From Operations / Share (Rs.)27.3621.8536.1929.9934.83
PBDIT / Share (Rs.)7.95-0.6212.247.4910.63
PBIT / Share (Rs.)2.67-6.096.522.165.22
PBT / Share (Rs.)-1.52-12.340.14-9.08-1.57
Net Profit / Share (Rs.)-1.40-11.470.13-9.96-3.22
NP After MI And SOA / Share (Rs.)-1.40-11.47-0.24-8.62-2.11
PBDIT Margin (%)29.05-2.8833.8124.9630.51
PBIT Margin (%)9.77-27.8718.007.1914.98
PBT Margin (%)-5.55-56.440.38-30.29-4.49
Net Profit Margin (%)-5.12-52.490.37-33.19-9.24
NP After MI And SOA Margin (%)-5.12-52.49-0.66-28.76-6.06
Return on Networth / Equity (%)-5.37-134.19-1.05-24.13-2.99
Return on Capital Employeed (%)5.88-18.0411.782.593.87
Return On Assets (%)-2.56-11.06-0.19-6.82-1.33
Long Term Debt / Equity (X)0.381.750.950.920.60
Total Debt / Equity (X)0.578.713.331.850.76
Asset Turnover Ratio (%)0.300.170.250.190.21
Current Ratio (X)2.650.290.430.580.88
Quick Ratio (X)2.430.260.390.530.69
Interest Coverage Ratio (X)1.90-0.101.921.261.57
Interest Coverage Ratio (Post Tax) (X)0.66-0.831.020.210.52
Enterprise Value (Cr.)43.7891.0693.5685.7898.03
EV / Net Operating Revenue (X)1.383.602.232.472.43
EV / EBITDA (X)4.76-124.926.619.907.97
MarketCap / Net Operating Revenue (X)1.180.630.380.560.92
Price / BV (X)1.241.610.610.470.45
Price / Net Operating Revenue (X)1.180.630.380.560.92
EarningsYield-0.04-0.83-0.01-0.50-0.06

Karma Energy Ltd Profitability Ratios (%)

Karma Energy Ltd Liquidity Ratios

Karma Energy Ltd Liquidity Ratios (%)

Karma Energy Ltd Interest Coverage Ratios (%)

Karma Energy Ltd Valuation Ratios

Fair Value of Karma Energy Ltd Stock

Fair Value: ₹78.35

The stock is undervalued by 0.83% compared to the current price ₹77.7

*Investments are subject to market risks

Strength and Weakness of Karma Energy Ltd Stock

StrengthWeakness
    1. The stock has a low average ROCE of 4.86%, which may not be favorable.
    2. The stock has a high average Working Capital Days of 154.42, which may not be favorable.
    3. The stock has a high average Cash Conversion Cycle of 223.36, which may not be favorable.
    4. The company has higher borrowings (49.80) compared to reserves (33.40), which may suggest financial risk.
    5. The company has not shown consistent growth in sales (24.27) and profit (-0.09).

    About the Author

    Author Avatar
    Getaka

    Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

    Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Karma Energy Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE