Karma Energy

₹70 0 | 0%

WEBSITE BSE:533451 NSE : KARMA ENERG 17 May, 10:15

Market Cap ₹81 Cr.

Stock P/E 13.2

P/B 2

Current Price ₹70

Book Value ₹ 34.9

Face Value 10

52W High ₹106.4

Dividend Yield 0%

52W Low ₹ 31.6

Edit Ratio

Karma Energy Research see more...

Overview Inc. Year: 2007Industry: Power Generation/Distribution

Karma Energy Share Price

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Price: NSE50 DMA200 DMAVolume

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Peer Comparison

Karma Energy Quarterly Results

#(Fig in Cr.)	Sep 2017	Dec 2017	Mar 2018	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Net Sales	13	7	6	4	6	2	1	4	6	2
Other Income	0	0	0	0	0	0	5	0	0	0
Total Income	13	7	6	4	6	2	6	4	6	2
Total Expenditure	8	9	3	2	3	2	3	2	2	2
Operating Profit	5	-2	4	2	3	-0	3	1	4	-1
Interest	1	1	1	0	0	0	0	0	0	0
Depreciation	1	1	1	1	1	1	1	1	1	1
Exceptional Income / Expenses	0	0	0	0	0	0	5	0	0	0
Profit Before Tax	2	-5	1	0	2	-2	7	0	3	-1
Provision for Tax	1	-1	0	-0	-0	-0	2	0	1	-0
Profit After Tax	2	-3	1	1	2	-1	4	0	3	-1
Adjustments	-2	3	-1	0	0	0	0	0	0	0
Profit After Adjustments	0	0	0	1	2	-1	4	0	3	-1
Adjusted Earnings Per Share	1.5	-2.9	0.7	0.7	1.9	-1.2	3.7	0.2	2.2	-0.9

Karma Energy Profit & Loss

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Net Sales	30	29	15	14	27	33	29	36	23	28	13	13
Other Income	3	3	1	0	1	0	2	1	0	1	5	5
Total Income	33	31	17	14	29	34	31	37	24	28	18	18
Total Expenditure	10	13	10	9	17	26	25	26	25	22	10	9
Operating Profit	23	18	6	5	12	8	6	11	-1	6	8	7
Interest	10	8	7	7	8	5	4	5	5	3	1	0
Depreciation	8	8	5	5	5	5	5	5	5	5	5	4
Exceptional Income / Expenses	-1	0	1	5	0	0	-2	0	0	0	5	5
Profit Before Tax	4	2	-4	-1	-1	-1	-6	0	-12	-2	7	9
Provision for Tax	1	1	-1	0	-3	-0	-2	0	-1	-0	1	3
Profit After Tax	2	2	-3	-2	2	-1	-4	0	-11	-2	6	6
Adjustments	0	0	0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	2	2	-3	-2	2	-1	-4	0	-11	-2	6	6
Adjusted Earnings Per Share	2.1	1.3	-2.7	-1.3	1.6	-1	-3.7	0.1	-9.2	-1.8	5.1	5.2

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	-54%	-29%	-17%	-8%
Operating Profit CAGR	33%	-10%	0%	-10%
PAT CAGR	0%	0%	0%	12%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	106%	67%	35%	18%
ROE Average	17%	-6%	-5%	-2%
ROCE Average	18%	5%	3%	5%

Karma Energy Balance Sheet

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	45	46	43	42	55	74	48	46	33	30	38
Minority's Interest	0	0	0	0	0	0	0	0	0	0	0
Borrowings	54	45	33	20	6	36	32	24	17	12	0
Other Non-Current Liabilities	22	19	18	17	16	21	14	13	12	11	7
Total Current Liabilities	23	16	22	58	56	12	26	48	51	11	10
Total Liabilities	144	127	117	137	134	142	120	131	113	63	55
Fixed Assets	67	60	58	53	48	43	45	42	37	32	27
Other Non-Current Assets	35	40	38	47	55	79	52	60	53	2	14
Total Current Assets	41	27	21	36	31	20	23	29	22	29	14
Total Assets	144	127	117	137	134	142	120	131	113	63	55

Karma Energy Cash Flow

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	1	1	1	0	0	0	4	7	0	1	0
Cash Flow from Operating Activities	6	19	11	-12	19	14	6	5	11	-2	5
Cash Flow from Investing Activities	-0	-3	-3	-10	-4	4	-11	-19	0	51	9
Cash Flow from Financing Activities	-5	-16	-8	22	-15	-14	8	8	-11	-49	-13
Net Cash Inflow / Outflow	-0	0	-0	-0	-0	4	3	-7	0	-0	0
Closing Cash & Cash Equivalent	1	1	0	0	0	4	7	0	1	0	0

Karma Energy Ratios

#	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	2.13	1.32	-2.71	-1.33	1.6	-0.97	-3.68	0.15	-9.24	-1.84	5.09
CEPS(Rs)	8.88	8.01	1.53	2.99	5.91	3.33	0.62	4.84	-4.82	2.56	9.27
DPS(Rs)	0.5	0.5	0	0	0	0	0	0	0	0	0
Book NAV/Share(Rs)	39.17	39.9	37.25	35.92	47.58	63.69	41.26	39.6	28.14	26.11	33.25
Core EBITDA Margin(%)	66.13	54.42	33.19	35.61	38.84	23.56	13.32	27.83	-7.87	19.2	24.99
EBIT Margin(%)	45.8	37.12	18.97	39.73	24.88	9.62	-5.55	15.47	-27.9	4.16	65.13
Pre Tax Margin(%)	12.46	8.71	-27.58	-10.32	-3.4	-3.83	-20.06	0.55	-50.68	-8.21	56.19
PAT Margin (%)	8.16	5.35	-20.43	-11.04	6.75	-3.35	-14.61	0.48	-46.35	-7.72	45.99
Cash Profit Margin (%)	34.11	32.47	11.55	24.76	24.88	11.52	2.45	15.6	-24.2	10.77	83.74
ROA(%)	1.69	1.13	-2.57	-1.22	1.37	-0.81	-3.25	0.14	-8.77	-2.42	9.91
ROE(%)	5.54	3.34	-7.01	-3.64	3.84	-1.74	-7	0.37	-27.28	-6.77	17.15
ROCE(%)	11.74	9.75	2.99	5.33	5.96	2.77	-1.45	5.05	-6.09	1.6	18.29
Receivable days	99.86	52.23	225.62	602.51	369.45	177.98	109.9	131.11	179.27	110.73	291.77
Inventory Days	0	8.78	15.77	15.79	7.42	5.6	6.06	4.62	23.32	32.59	63.05
Payable days	0	0	0	0	0	0	0	0	0	0	0
PER(x)	6.14	8.75	0	0	27.01	0	0	74.84	0	0	6.71
Price/Book(x)	0.33	0.29	0.61	0.51	0.91	0.51	0.41	0.28	0.49	1.23	1.03
Dividend Yield(%)	3.83	4.33	0	0	0	0	0	0	0	0	0
EV/Net Sales(x)	2.75	2.26	4.76	6.48	3.83	2.31	2.26	2.01	2.97	1.59	3.46
EV/Core EBITDA(x)	3.62	3.52	11.39	16.9	8.91	9.43	11.27	6.56	-51.6	7.02	5.24
Net Sales Growth(%)	18.85	-5.23	-46.34	-8.81	96.57	21.95	-13.09	23.23	-35.71	19.38	-53.48
EBIT Growth(%)	3.07	-23.19	-72.58	91	23.1	-52.87	-150.14	443.55	-215.99	117.81	627.65
PAT Growth(%)	4.67	-37.87	-304.9	50.73	220.27	-160.51	-278.83	104.04	-6330.24	80.11	377.02
EPS Growth(%)	4.63	-37.87	-304.91	50.74	220.27	-160.51	-278.84	104.04	-6330.22	80.11	377.02
Debt/Equity(x)	1.57	1.19	1.17	1.77	1.08	0.6	1.19	1.52	1.95	0.58	0.13
Current Ratio(x)	1.81	1.68	0.95	0.63	0.55	1.74	0.89	0.6	0.44	2.65	1.39
Quick Ratio(x)	1.81	1.64	0.92	0.62	0.54	1.7	0.87	0.59	0.39	2.43	1.19
Interest Cover(x)	1.37	1.31	0.41	0.79	0.88	0.72	-0.38	1.04	-1.23	0.34	7.29
Total Debt/Mcap(x)	4.71	4.11	1.9	3.49	1.18	1.18	2.88	5.42	3.97	0.47	0.13

Karma Energy Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	74.7	74.7	74.7	74.7	74.7	74.7	74.7	74.7	74.7	74.7
FII	0	0	0	0	0	0	0	0	0	0
DII	0	0	0	0	0	0	0	0	0	0
Public	25.3	25.3	25.3	25.3	25.29	25.3	25.3	25.3	25.3	25.3
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	0.86	0.86	0.86	0.86	0.86	0.86	0.86	0.86	0.86	0.86
FII	0	0	0	0	0	0	0	0	0	0
DII	0	0	0	0	0	0	0	0	0	0
Public	0.29	0.29	0.29	0.29	0.29	0.29	0.29	0.29	0.29	0.29
Others	0	0	0	0	0	0	0	0	0	0
Total	1.16	1.16	1.16	1.16	1.16	1.16	1.16	1.16	1.16	1.16

Pros

Company has reduced debt.
Company is almost debt free.

Cons

Company has a low return on equity of -6% over the last 3 years.
Earnings include an other income of Rs. 5 Cr.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.