Karma Energy Ltd.
Snapshot View

24.15 +0.65 ▲2.8%

26 July 2021, 04:00:00 P.M.
Volume: 10,362

Overview View Details

Sector Power. Compare with Sector peers
Industry Power Generation/Distribution Compare with Industry peers
Website http://www.karmaenergy.co
Financial Indicators
Market Cap 27.94 Cr.
Earnings per share (EPS) -11.47 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2021-03
Industry PE 16.83 Trailing Twelve Months Ending 2021-03
Book Value / Share 11.66 Trailing Twelve Months Ending 2021-03
Price to Book Value 2.07 Calculated using Price: 24.15
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 1.16 Cr. 11,569,918 Shares
FaceValue 10
Company Profile

Karma Energy, a flagship company of the group was initially engaged in Textile Processing and Exports, A to Z of Non Banking Finance Activities and in early 1990's commenced Money Changing Business as Full Fledged Money Changers (FFMC) registered with Reserve Bank of India (RBI) and later extended the activities as representative of Western Union Money Transfer. The company promoted Housing Finance Company and ventured into Renewable Energy sector by developing Wind Farms and also undertaking manufacture of Wind Electric Generators through Joint Venture Collaboration.

With efflux of time the focus business segments of the group comprised of Textile Processing and Exports, Financial Services, RBI registered Authorized Dealer Category-II and one of the leading representatives of Western Union Money Transfer Services, USA and Development of Renewable Energy Projects primarily Wind Power and Small Hydro Power.

In 2010 being the Silver Jubilee Year of Weizmann, the group completed a restructuring exercise involving merger of its subsidiary companies Weizmann Forex Limited and Karma Energy Limited and demerger of forex business undertaking and power business undertaking into resultant companies which was rechristened as Weizmann Forex Limited and Karma Energy Limited respectively.

Post restructuring process, Karma Energy Limited spearheads the development of Renewable Energy Sector viz. Wind Power, Small Hydro Power of the Group. The Power Projects are spread over States of Andhra Pradesh, Gujarat, Himachal Pradesh, Karnataka, Maharashtra and Tamil Nadu.

Busines area of the company:

The company is engaged in to the production and development of Renewable Energy Sector.

Group Companies:

• Weizmann Limited
• Weizmann Forex Limited  

Mile Stone:

• The first group to introduce 500 KW capacity wind turbines in the Indian market.
• Only company to implement a wind farm at an elevation of 1220 amsl.


Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+2.77%
1 Week
+18.67%
1 Month
+30.47%
3 Month
+88.38%
6 Month
+35.52%
1 Year
+145.18%
2 Year
+79.02%
5 Year
+41.64%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 1.01 -5.86 -10.40 -18.09 -24.13 -4.78 -5.30 -18.74 0.46
Return on Capital Employed (%) 9.42 6.80 4.73 1.72 4.28 5.41 3.96 -2.59 6.03
Return on Assets (%) 0.26 -1.48 -2.60 -4.15 -4.78 -1.25 -2.09 -6.99 0.11

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 42 40 39 34 29 59 82 41 26
Non Curr. Liab. 95 81 65 48 52 35 71 53 38
Curr. Liab. 27 30 56 75 75 73 27 50 78
Minority Int. 6 5 0 -2 7 5 4 2
Equity & Liab. 170 156 160 155 164 173 183 146 142
Non Curr. Assets 148 141 132 127 121 135 159 117 108
Curr. Assets 23 15 28 29 43 38 24 29 34
Misc. Exp. not W/O
Total Assets 170 156 160 155 164 173 183 146 142

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 27 32 31 19 19 33 40 35 42
Other Income 3 1 2 1 1 1 0 2 1
Total Income 30 33 34 21 20 34 41 37 43
Total Expenditure -10 -14 -18 -13 -12 -20 -28 -28 -29
PBIDT 20 19 16 8 7 14 12 9 14
Interest -10 -12 -12 -12 -13 -12 -8 -7 -7
Depreciation -8 -9 -10 -7 -7 -7 -6 -6 -7
Taxation -2 1 1 3 -1 2 -2 -1 0
Exceptional Items -1 1 5 -6
PAT 0 -2 -4 -7 -8 -2 -4 -12 0

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 1 11 -16 1 -13 5 22 6 8
Cash Fr. Inv. -12 -2 0 -3 0 9 4 -11 -19
Cash Fr. Finan. 13 -9 16 3 13 -14 -21 7 3
Net Change 3 0 0 1 0 -1 4 3 -7
Cash & Cash Eqvt 1 1 1 1 1 0 5 8 0

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 74.70 74.70 74.70 74.70 74.70 74.70 74.70 74.70 74.70
Public 25.30 25.30 25.30 25.30 25.30 25.30 25.30 25.30 25.30
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Wed, 21 Jul 2021
Announcement under Regulation 30 (LODR)-Newspaper Publication
Please find enclosed herewith Notice published in Financial Express (English daily) and The Global Times (Marathi daily) being the Notice in respect of Mandatory transfer of shares to Investor Education Protection Fund Authority (IEPF) pursuant to IEPF Authority (Accounting Audit Transfer and Refund) Rules 2016.
Kindly take the above on record and acknowledge receipt.
Thu, 15 Jul 2021
Announcement under Regulation 30 (LODR)-Scheme of Arrangement
We write further to our letter dated KEL/SEC/SKC/10/2019 dated October 18 2019 informing about the scheme of amalgamation ("Scheme of Amalgamation") for the merger of wholly owned subsidiaries Greenweiz Projects Limited ("Transferor Company") with Karma Energy Limited ("Transferee Company") pursuant to sections 230 to 232 read with section 234 and other relevant provisions of the Companies Act 2013.
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we inform that the Honble National Company Law Tribunal (NCLT) Mumbai bench vide its order dated July 15 2021 has approved the Scheme of Amalgamation as aforesaid.
Fri, 09 Jul 2021
Shareholding for the Period Ended June 30 2021
Karma Energy Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here

Technical Scans View Details

Mon, 26 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
Increasing Relative Strength - Sectoral Index Increasing Relative Strength - Sectoral Index

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