Karma Energy Ltd

NSE: KARMAENG BSE: 533451

₹33.64

+0.34 (1.02%)

Mon, 09 Nov 2026, 05:14 am

MTF 5xInvest in Karma Energy Ltd with 5x Leverage Buy with MTF

Market Cap (in Cr)37.21

PE Ratio44.14

Dividend0

Utilities

Electric Utilities

24.5K

Karma Energy Balance Sheet

Income Statement Balance Sheet Cashflow

Particulars	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Interest expense on debt	-43.75M	-95.85M	-120.45M	-117.54M	-122.13M	-125.01M	-115.43M	-78.50M	-68.59M	-73.77M	-71.79M	-34.07M	-11.45M	-1.17M	-1.50M
Pretax equity in earnings	0	—	—	—	0	0	0	—	0	0	0	0	0	0	0
Equity in earnings	0	-10.00K	-11.00K	47.00K	306.00K	405.00K	145.00K	109.00K	0	0	0	0	0	0	0
Total assets	1.64B	1.70B	1.56B	1.60B	1.55B	1.64B	1.81B	1.90B	1.46B	1.42B	1.19B	634.04M	554.68M	500.44M	519.99M
Total current assets	198.21M	227.24M	152.78M	279.95M	285.37M	432.21M	375.16M	243.37M	293.54M	336.17M	230.17M	287.87M	141.97M	129.31M	222.71M
Cash and short term investments	7.03M	19.93M	37.23M	39.29M	48.44M	55.01M	48.04M	55.53M	119.71M	107.48M	110.76M	110.02M	2.95M	907.00K	5.77M
Cash & equivalents	7.03M	19.93M	7.55M	7.38M	48.44M	55.01M	48.04M	55.53M	78.58M	5.26M	7.13M	110.02M	2.95M	907.00K	5.77M
Short term investments	0	0	29.68M	31.91M	0	0	0	0	41.14M	102.21M	103.64M	0	0	0	0
Total receivables, net	125.45M	119.81M	72.17M	69.77M	168.26M	320.99M	267.62M	127.53M	117.73M	184.56M	79.80M	140.97M	108.71M	98.42M	81.42M
Accounts receivable - trade, net	125.45M	119.81M	52.88M	52.99M	163.16M	312.45M	260.35M	84.34M	104.57M	165.59M	68.14M	99.12M	105.65M	91.75M	69.57M
Other receivables	0	0	19.29M	16.77M	5.10M	8.55M	7.27M	43.19M	13.16M	18.97M	11.65M	41.84M	3.07M	6.67M	11.85M
Total inventory	32.23M	31.72M	35.32M	41.76M	45.26M	46.96M	48.86M	52.83M	27.15M	27.49M	26.40M	23.95M	20.30M	20.37M	19.62M
Other current assets, total	33.50M	55.77M	5.66M	126.28M	17.30M	3.29M	7.29M	3.53M	15.90M	3.33M	3.32M	12.94M	10.01M	—	101.22M
Total non-current assets	1.44B	1.48B	1.41B	1.32B	1.27B	1.21B	1.43B	1.66B	1.17B	1.08B	962.65M	346.17M	412.71M	371.13M	297.28M
Long term investments	31.81M	32.04M	33.49M	76.83M	97.32M	97.73M	298.49M	609.44M	256.12M	201.04M	161.04M	18.82M	135.24M	125.44M	57.61M
Note receivable - long term	—	—	166.00K	166.00K	20.36M	20.36M	8.26M	166.00K	166.00K	166.00K	0	—	—	—	—
Investments in unconsolidated subsidiaries	0	0	0	0	14.86M	15.27M	41.00K	40.00K	40.00K	0	0	0	0	0	0
Other investments	31.81M	32.04M	33.33M	76.67M	62.10M	62.10M	290.18M	609.24M	255.91M	200.87M	161.04M	18.82M	135.24M	125.44M	57.61M
Net property/plant/equipment	1.16B	1.20B	1.12B	1.05B	1.00B	940.15M	833.04M	770.62M	778.62M	741.18M	667.49M	323.65M	273.78M	242.00M	235.99M
Gross property/plant/equipment	—	—	1.98B	2.01B	2.02B	2.02B	1.98B	1.98B	2.04B	2.07B	2.06B	1.64B	1.61B	1.59B	1.53B
Deferred tax assets	9.30M	—	—	—	—	—	83.19M	67.79M	—	—	—	—	—	—	—
Net intangible assets	219.17M	219.17M	219.17M	159.83M	159.83M	159.83M	209.16M	209.16M	130.34M	130.34M	130.34M	0	0	0	0
Goodwill, net	0	0	219.17M	159.83M	159.83M	159.83M	209.16M	209.16M	130.34M	130.34M	130.34M	0	0	0	0
Other intangibles, net	219.17M	219.17M	0	0	0	0	0	0	0	0	0	0	0	0	0
Other long term assets, total	32.91M	28.51M	29.89M	29.89M	9.66M	9.53M	9.21M	2.02M	2.51M	11.25M	3.78M	3.70M	3.68M	3.69M	3.68M
Short term debt	201.22M	79.78M	219.66M	485.66M	686.55M	692.61M	690.20M	230.42M	474.76M	728.56M	747.56M	60.25M	52.16M	1.69M	4.01M
Current portion of LT debt and capital leases	0	0	129.85M	117.22M	140.44M	169.52M	160.18M	105.59M	93.20M	102.29M	65.44M	966.00K	1.37M	1.54M	4.01M
Short term debt excl. current portion of LT debt	201.22M	79.78M	89.81M	368.45M	546.11M	523.09M	530.02M	124.83M	381.56M	626.27M	682.12M	59.29M	50.79M	147.00K	0
Accounts payable	118.22M	10.10M	5.61M	10.72M	16.59M	25.37M	10.68M	10.26M	7.18M	22.81M	6.18M	4.16M	2.43M	8.70M	7.63M
Income tax payable	—	—	32.31M	37.80M	243.00K	11.16M	6.04M	10.55M	—	15.27M	4.27M	8.71M	19.52M	19.09M	21.38M
Long term debt	441.60M	710.18M	617.73M	505.26M	367.67M	404.45M	224.75M	497.51M	383.17M	252.85M	186.09M	127.78M	10.67M	9.10M	15.47M
Long term debt excl. lease liabilities	441.60M	710.18M	617.73M	505.26M	367.67M	404.45M	224.75M	497.51M	383.17M	252.85M	186.09M	127.78M	10.67M	9.10M	15.47M
Total equity	491.30M	483.05M	452.15M	385.32M	320.72M	365.67M	641.41M	855.01M	395.30M	230.18M	88.06M	302.13M	384.73M	384.43M	399.79M
Shareholders' equity	429.50M	420.68M	403.95M	385.12M	339.05M	293.58M	589.51M	815.82M	379.25M	230.18M	88.06M	302.13M	384.73M	384.43M	399.79M
Common equity, total	429.50M	420.68M	403.95M	385.12M	339.05M	293.58M	589.51M	815.82M	379.25M	230.18M	88.06M	302.13M	384.73M	384.43M	399.79M
Other common equity	6.37M	-2.46M	315.19M	316.28M	316.28M	316.28M	494.73M	741.00M	443.29M	400.90M	408.36M	356.64M	344.48M	338.10M	337.56M
Total debt	642.81M	789.97M	837.40M	990.92M	1.05B	1.10B	914.95M	727.93M	857.93M	981.41M	933.65M	188.03M	62.84M	10.79M	19.48M
Net debt	635.78M	770.03M	800.16M	951.63M	1.01B	1.04B	866.91M	672.40M	738.22M	873.94M	822.89M	78.01M	59.89M	9.88M	13.71M
Change in accounts receivable	—	—	66.93M	-115.00K	-110.17M	-149.28M	17.19M	126.68M	-20.23M	-64.33M	97.45M	-31.17M	-6.53M	13.77M	22.14M
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	—	—	-4.49M	5.12M	5.87M	8.78M	-18.50M	-416.00K	3.31M	16.75M	-16.63M	1.44M	-1.74M	6.27M	-1.07M
Change in other assets/liabilities	—	—	29.82M	-159.88M	188.21M	17.16M	-4.60M	-68.55M	-6.10M	-8.97M	48.05M	-43.68M	34.42M	-455.00K	-9.05M
Sale of fixed assets & businesses	—	0	405.23M	80.00K	566.00K	7.00K	24.95M	0	7.61M	16.00K	17.11M	20.00K	4.30M	0	11.53M
Purchase/sale of investments, net	—	—	-1.28M	34.25M	15.00K	0	61.90M	37.19M	-18.22M	-180.45M	-1.26M	501.26M	-11.34M	14.45M	72.67M
Sale/maturity of investments	—	—	11.00K	78.45M	19.00K	0	61.99M	37.19M	15.57M	24.01M	0	505.19M	127.15M	129.06M	108.67M
Purchase of investments	—	—	-1.29M	-44.21M	-4.00K	0	-96.00K	0	-33.79M	-204.46M	-1.26M	-3.94M	-138.50M	-114.61M	-36.00M
Other investing cash flow items, total	—	0	0	0	0	0	0	0	0	0	0	0	35.14M	0	-93.03M
Issuance/retirement of debt, net	—	0	-82.42M	166.16M	40.07M	13.77M	-172.78M	-132.43M	142.42M	109.13M	-46.99M	-458.97M	-122.31M	-50.65M	10.24M
Issuance/retirement of long term debt	—	0	-92.45M	-112.47M	-137.59M	36.78M	-179.70M	272.76M	-114.31M	-136.23M	-102.85M	-64.80M	-172.50M	0	10.38M
Issuance/retirement of short term debt	—	0	10.03M	278.63M	177.66M	-23.01M	6.92M	-405.19M	256.73M	245.36M	55.85M	-394.17M	50.19M	-50.65M	-148.00K
Issuance/retirement of other debt	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total cash dividends paid	—	0	-6.72M	-6.72M	-6.77M	0	0	0	0	0	0	0	0	0	0
Other financing cash flow items, total	—	0	0	0	0	-2.38M	30.03M	0	0	0	0	0	0	0	0

Particulars	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Interest expense on debt	-43.75M	-95.85M	-120.45M	-117.54M	-122.13M	-125.01M	-115.43M	-78.50M	-68.59M	-73.77M	-71.79M	-34.07M	-11.45M	-1.17M	-1.50M
Pretax equity in earnings	0	—	—	—	0	0	0	—	0	0	0	0	0	0	0
Equity in earnings	0	-10.00K	-11.00K	47.00K	306.00K	405.00K	145.00K	109.00K	0	0	0	0	0	0	0
Total assets	1.64B	1.70B	1.56B	1.60B	1.55B	1.64B	1.81B	1.90B	1.46B	1.42B	1.19B	634.04M	554.68M	500.44M	519.99M
Total current assets	198.21M	227.24M	152.78M	279.95M	285.37M	432.21M	375.16M	243.37M	293.54M	336.17M	230.17M	287.87M	141.97M	129.31M	222.71M
Cash and short term investments	7.03M	19.93M	37.23M	39.29M	48.44M	55.01M	48.04M	55.53M	119.71M	107.48M	110.76M	110.02M	2.95M	907.00K	5.77M
Cash & equivalents	7.03M	19.93M	7.55M	7.38M	48.44M	55.01M	48.04M	55.53M	78.58M	5.26M	7.13M	110.02M	2.95M	907.00K	5.77M
Short term investments	0	0	29.68M	31.91M	0	0	0	0	41.14M	102.21M	103.64M	0	0	0	0
Total receivables, net	125.45M	119.81M	72.17M	69.77M	168.26M	320.99M	267.62M	127.53M	117.73M	184.56M	79.80M	140.97M	108.71M	98.42M	81.42M
Accounts receivable - trade, net	125.45M	119.81M	52.88M	52.99M	163.16M	312.45M	260.35M	84.34M	104.57M	165.59M	68.14M	99.12M	105.65M	91.75M	69.57M
Other receivables	0	0	19.29M	16.77M	5.10M	8.55M	7.27M	43.19M	13.16M	18.97M	11.65M	41.84M	3.07M	6.67M	11.85M
Total inventory	32.23M	31.72M	35.32M	41.76M	45.26M	46.96M	48.86M	52.83M	27.15M	27.49M	26.40M	23.95M	20.30M	20.37M	19.62M
Other current assets, total	33.50M	55.77M	5.66M	126.28M	17.30M	3.29M	7.29M	3.53M	15.90M	3.33M	3.32M	12.94M	10.01M	—	101.22M
Total non-current assets	1.44B	1.48B	1.41B	1.32B	1.27B	1.21B	1.43B	1.66B	1.17B	1.08B	962.65M	346.17M	412.71M	371.13M	297.28M
Long term investments	31.81M	32.04M	33.49M	76.83M	97.32M	97.73M	298.49M	609.44M	256.12M	201.04M	161.04M	18.82M	135.24M	125.44M	57.61M
Note receivable - long term	—	—	166.00K	166.00K	20.36M	20.36M	8.26M	166.00K	166.00K	166.00K	0	—	—	—	—
Investments in unconsolidated subsidiaries	0	0	0	0	14.86M	15.27M	41.00K	40.00K	40.00K	0	0	0	0	0	0
Other investments	31.81M	32.04M	33.33M	76.67M	62.10M	62.10M	290.18M	609.24M	255.91M	200.87M	161.04M	18.82M	135.24M	125.44M	57.61M
Net property/plant/equipment	1.16B	1.20B	1.12B	1.05B	1.00B	940.15M	833.04M	770.62M	778.62M	741.18M	667.49M	323.65M	273.78M	242.00M	235.99M
Gross property/plant/equipment	—	—	1.98B	2.01B	2.02B	2.02B	1.98B	1.98B	2.04B	2.07B	2.06B	1.64B	1.61B	1.59B	1.53B
Deferred tax assets	9.30M	—	—	—	—	—	83.19M	67.79M	—	—	—	—	—	—	—
Net intangible assets	219.17M	219.17M	219.17M	159.83M	159.83M	159.83M	209.16M	209.16M	130.34M	130.34M	130.34M	0	0	0	0
Goodwill, net	0	0	219.17M	159.83M	159.83M	159.83M	209.16M	209.16M	130.34M	130.34M	130.34M	0	0	0	0
Other intangibles, net	219.17M	219.17M	0	0	0	0	0	0	0	0	0	0	0	0	0
Other long term assets, total	32.91M	28.51M	29.89M	29.89M	9.66M	9.53M	9.21M	2.02M	2.51M	11.25M	3.78M	3.70M	3.68M	3.69M	3.68M
Short term debt	201.22M	79.78M	219.66M	485.66M	686.55M	692.61M	690.20M	230.42M	474.76M	728.56M	747.56M	60.25M	52.16M	1.69M	4.01M
Current portion of LT debt and capital leases	0	0	129.85M	117.22M	140.44M	169.52M	160.18M	105.59M	93.20M	102.29M	65.44M	966.00K	1.37M	1.54M	4.01M
Short term debt excl. current portion of LT debt	201.22M	79.78M	89.81M	368.45M	546.11M	523.09M	530.02M	124.83M	381.56M	626.27M	682.12M	59.29M	50.79M	147.00K	0
Accounts payable	118.22M	10.10M	5.61M	10.72M	16.59M	25.37M	10.68M	10.26M	7.18M	22.81M	6.18M	4.16M	2.43M	8.70M	7.63M
Income tax payable	—	—	32.31M	37.80M	243.00K	11.16M	6.04M	10.55M	—	15.27M	4.27M	8.71M	19.52M	19.09M	21.38M
Long term debt	441.60M	710.18M	617.73M	505.26M	367.67M	404.45M	224.75M	497.51M	383.17M	252.85M	186.09M	127.78M	10.67M	9.10M	15.47M
Long term debt excl. lease liabilities	441.60M	710.18M	617.73M	505.26M	367.67M	404.45M	224.75M	497.51M	383.17M	252.85M	186.09M	127.78M	10.67M	9.10M	15.47M
Total equity	491.30M	483.05M	452.15M	385.32M	320.72M	365.67M	641.41M	855.01M	395.30M	230.18M	88.06M	302.13M	384.73M	384.43M	399.79M
Shareholders' equity	429.50M	420.68M	403.95M	385.12M	339.05M	293.58M	589.51M	815.82M	379.25M	230.18M	88.06M	302.13M	384.73M	384.43M	399.79M
Common equity, total	429.50M	420.68M	403.95M	385.12M	339.05M	293.58M	589.51M	815.82M	379.25M	230.18M	88.06M	302.13M	384.73M	384.43M	399.79M
Other common equity	6.37M	-2.46M	315.19M	316.28M	316.28M	316.28M	494.73M	741.00M	443.29M	400.90M	408.36M	356.64M	344.48M	338.10M	337.56M
Total debt	642.81M	789.97M	837.40M	990.92M	1.05B	1.10B	914.95M	727.93M	857.93M	981.41M	933.65M	188.03M	62.84M	10.79M	19.48M
Net debt	635.78M	770.03M	800.16M	951.63M	1.01B	1.04B	866.91M	672.40M	738.22M	873.94M	822.89M	78.01M	59.89M	9.88M	13.71M
Change in accounts receivable	—	—	66.93M	-115.00K	-110.17M	-149.28M	17.19M	126.68M	-20.23M	-64.33M	97.45M	-31.17M	-6.53M	13.77M	22.14M
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	—	—	-4.49M	5.12M	5.87M	8.78M	-18.50M	-416.00K	3.31M	16.75M	-16.63M	1.44M	-1.74M	6.27M	-1.07M
Change in other assets/liabilities	—	—	29.82M	-159.88M	188.21M	17.16M	-4.60M	-68.55M	-6.10M	-8.97M	48.05M	-43.68M	34.42M	-455.00K	-9.05M
Sale of fixed assets & businesses	—	0	405.23M	80.00K	566.00K	7.00K	24.95M	0	7.61M	16.00K	17.11M	20.00K	4.30M	0	11.53M
Purchase/sale of investments, net	—	—	-1.28M	34.25M	15.00K	0	61.90M	37.19M	-18.22M	-180.45M	-1.26M	501.26M	-11.34M	14.45M	72.67M
Sale/maturity of investments	—	—	11.00K	78.45M	19.00K	0	61.99M	37.19M	15.57M	24.01M	0	505.19M	127.15M	129.06M	108.67M
Purchase of investments	—	—	-1.29M	-44.21M	-4.00K	0	-96.00K	0	-33.79M	-204.46M	-1.26M	-3.94M	-138.50M	-114.61M	-36.00M
Other investing cash flow items, total	—	0	0	0	0	0	0	0	0	0	0	0	35.14M	0	-93.03M
Issuance/retirement of debt, net	—	0	-82.42M	166.16M	40.07M	13.77M	-172.78M	-132.43M	142.42M	109.13M	-46.99M	-458.97M	-122.31M	-50.65M	10.24M
Issuance/retirement of long term debt	—	0	-92.45M	-112.47M	-137.59M	36.78M	-179.70M	272.76M	-114.31M	-136.23M	-102.85M	-64.80M	-172.50M	0	10.38M
Issuance/retirement of short term debt	—	0	10.03M	278.63M	177.66M	-23.01M	6.92M	-405.19M	256.73M	245.36M	55.85M	-394.17M	50.19M	-50.65M	-148.00K
Issuance/retirement of other debt	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total cash dividends paid	—	0	-6.72M	-6.72M	-6.77M	0	0	0	0	0	0	0	0	0	0
Other financing cash flow items, total	—	0	0	0	0	-2.38M	30.03M	0	0	0	0	0	0	0	0