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Karma Energy Limited (KARMAENG) Fair Value & Analysis

Utilities · IN · Market cap ₹475M

KE Karma Energy Limited KARMAENG · NSE
Price₹41.08
Fair Value₹15.42
Upside-62.5%
Quality52/100
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Evidence: High Range ₹11.56 – ₹19.27

Fair value as of: Jul 3, 2026

From 18 valuation models · updated yesterday

Share price −6.4% over the past month.

Price vs Fair Value (12 months)

₹70.92 ₹34.49 Fair Value ₹15.42 Jul 2025 Jul 2026

12‑month range ₹34.49 – ₹70.92 · fair‑value band ₹11.56 – ₹19.27 · the ₹41.08 price screens above the ₹15.42 fair value. As of Jul 3, 2026.

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Analysis

Karma Energy Limited (KARMAENG) currently trades at ₹41.08, while our model-based Fair Value estimate is ₹15.42 — implying the stock looks roughly 62.5% overvalued today. We read business quality at 52/100 (solid quality), in the Utilities sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, Karma Energy Limited generated revenue of ₹97.6M at a net margin of 10.8%. Revenue declined 6.7% year over year. It earns a return on equity of 2.6%. Net debt stands at ₹14.2M. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹97.6M
Revenue growth (YoY) -6.7%
Net margin 10.8%
Return on equity 2.6%
Free cash flow ₹20.3M FY2026
P/E ratio 45.1
More key figures
Operating margin -335%
EPS (TTM) ₹0.9100
EPS growth (YoY) -38.9%
Net debt ₹14.2M FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

Karma Energy Limited engages in the generation of power from renewable sources in India. The company develops and operates wind farms with a capacity of 33 MW in the states of Andhra Pradesh, Maharashtra, and Tamil Nadu. It also develops a 3.5 MW hydro power project in Balij-ka-Nala-II, Chamba District. The company was incorporated in 2007 and is based in Mumbai, India.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Karma Energy Limited reported revenue of ₹97.6M in FY2026 versus ₹275M in FY2022, a compound −22.8%/yr. Reported net income was ₹10.5M in FY2026.

Revenue −22.8%/yr
FY22 ₹275M
FY23 ₹128M
FY24 ₹124M
FY25 ₹87.0M
FY26 ₹97.6M
Net income
FY22 −₹21.3M
FY23 ₹58.9M
FY24 ₹1.2M
FY25 ₹15.6M
FY26 ₹10.5M

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Similar stocks

6 more Utilities - Renewable stocks, each showing price versus our Fair Value estimate (as of Jul 3, 2026).

Stock Price Fair Value vs Fair Value
China Yangtze Power Co 600900 ¥26.94 ¥25.13 -7%
Ørsted A/S, D2G €20.80 €9.92 -52%
Huaneng Lancang River Hydropower Inc 600025 ¥9.58 ¥4.64 -52%
Adani Green Energy Limited ADANIGREEN ₹1,526 ₹139.34 -91%
AXIA Energia SA AXIAP $10.74 $9.17 -15%
VERBUND AG OEWA €56.00 €110.03 +96%

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Frequently asked questions

Is Karma Energy Limited (KARMAENG) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹15.42 versus a price of ₹41.08 — about −62% (overvalued). Model-based estimate, not financial advice.
What is the fair value of KARMAENG?
Our model-based fair value for Karma Energy Limited is ₹15.42 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹41.08.
What is the quality score of KARMAENG?
Karma Energy Limited has a Quality Score of 52/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Karma Energy Limited (KARMAENG)?
Karma Energy Limited reported trailing-twelve-month revenue of about ₹97.6M (latest available figure, as of Jul 3, 2026).
What is the net profit margin of KARMAENG?
The net profit margin of Karma Energy Limited is about 10.8%, meaning it keeps roughly 10.8% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.