| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 3.2 | 3.1 | +4.8% |
| EBITDA | 0.7 | −0.1 | — |
| EBITDA margin | 20.6% | −2.9% | +23.5 pts |
| Profit before tax | 0.5 | 0.9 | −44.0% |
| Net profit | 0.4 | 0.6 | −27.5% |
| EPS | ₹0.38 | ₹0.53 | −28.3% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 39.2 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 0.1 | 0.1 | 0.6 | 0.1 | 0.3 | ||
| 0.8 | 0.8 | 1.0 | 0.0 | 5.1 | ||
| 39.9 | — | — | — | — | ||
| 9.9 | 9.8 | 8.7 | 12.4 | 12.8 | ||
| — | +12.1% | −29.5% | −3.6% | — | ||
| −2.1 | −2.9 | 0.6 | 2.1 | 3.2 | ||
| −21.4% | −29.4% | 7.0% | 16.8% | 25.0% | ||
| −4.1 | −4.9 | −1.3 | −0.9 | −1.6 | ||
| 0.9 | 1.0 | 1.6 | 0.1 | 5.9 | ||
| 8.9% | 10.8% | 17.9% | 1.0% | 46.0% | ||
| ₹0.76 | ₹0.91 | ₹1.35 | ₹0.11 | ₹5.09 | ||
| — | −32.7% | +1,156.7% | −97.9% | — | ||
| — | 1.9 | 1.7 | 4.4 | 15.7 | ||
| — | −1.6 | −1.3 | 0.0 | 0.0 | ||
| 0.3 | 0.3 | 0.3 | 4.4 | 15.7 | ||
From the company's filings with NSE and BSE (Ind-AS), standalone. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 39.2 | |
| - Cash, Equiv & ST Investments | 0.3 | 0.1 | 0.6 | 0.1 | 0.1 | |
| + Total Debt | 5.1 | 0.0 | 1.0 | 0.8 | 0.8 | |
| Enterprise Value | — | — | — | — | 39.9 | |
| Revenue | 12.8 | 12.4 | 8.7 | 9.8 | 9.9 | |
| Growth %, YoY | — | -3.6 | -29.5 | +12.1 | — | |
| EBITDA | 3.2 | 2.1 | 0.6 | -2.9 | -2.1 | |
| Margin % | 24.99 | 16.80 | 7.04 | -29.35 | -21.37 | |
| EBIT | -1.6 | -0.9 | -1.3 | -4.9 | -4.1 | |
| Net Income | 5.9 | 0.1 | 1.6 | 1.0 | 0.9 | |
| Margin % | 45.99 | 1.00 | 17.92 | 10.75 | 8.90 | |
| EPS, Adj (current shares) | 5.09 | 0.11 | 1.35 | 0.91 | 0.76 | |
| Growth %, YoY | — | -97.9 | +1,156.7 | -32.7 | — | |
| Cash from Operations | 15.7 | 4.4 | 1.7 | 1.9 | — | |
| Capital Expenditures | -0.0 | -0.0 | -1.3 | -1.6 | — | |
| Free Cash Flow | 15.7 | 4.4 | 0.3 | 0.3 | 0.3 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Karma Energy (NSE: KARMAENG) had a market capitalisation of ₹38.7 crore at the 29 October 2026 close (₹33.48 a share), a PE ratio of 43.9 on the last four quarters' profit and a price-to-book ratio of 0.95. In FY26 its standalone net profit was ₹1 crore on revenue of ₹9.8 crore; in Q1 FY27 (April–June 2026) it was ₹44 lakh, down 27.5% year on year. Its debt-to-equity ratio was 0.02 on 31 March 2026. Promoters held 74.70% of the shares on 30 September 2026.
Karma Energy's PE ratio is 43.9 at the 29 October 2026 close (₹33.48 a share): a market capitalisation of ₹38.7 crore divided by standalone net profit of ₹88 lakh over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹1 crore) it is 36.9.
Karma Energy's net worth — shareholders' equity in its standalone balance sheet — was ₹40.8 crore on 31 March 2026, up 2.1% from ₹40 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹38.7 crore at the 29 October 2026 close.
Karma Energy's book value per share was ₹35.29 on 31 March 2026: shareholders' equity of ₹40.8 crore divided by the 1.16 crore shares in issue, up 2.1% from ₹34.55 a year earlier. The share price at the 29 October 2026 close was ₹33.48.
Karma Energy's price-to-book (PB) ratio is 0.95 at the 29 October 2026 close: a market capitalisation of ₹38.7 crore divided by shareholders' equity (book value) of ₹40.8 crore on 31 March 2026. That is a book value of ₹35.29 per share against a share price of ₹33.48.
No. Karma Energy had borrowings of ₹79 lakh on 31 March 2026 (standalone balance sheet), a debt-to-equity ratio of 0.02. Its cash and current investments were ₹11 lakh, so its net debt was ₹69 lakh.
In FY26, Karma Energy's return on equity (ROE) was 2.6% and its return on capital employed (ROCE) was −10.7%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 4.0% and ROCE −2.9%.
Karma Energy's market capitalisation was ₹38.7 crore at the 29 October 2026 close: 1.16 crore shares at ₹33.48 each.
Karma Energy's basic earnings per share (EPS) were ₹0.91 in FY26, against ₹1.35 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹0.77.
On 30 September 2026, Karma Energy's shares were held by promoters 74.70% and retail and other non-institutional investors 25.30%.
Karma Energy's debt-to-equity ratio was 0.02 on 31 March 2026: borrowings of ₹79 lakh against total equity of ₹40.8 crore. A year earlier, on 31 March 2025, it was 0.03.
Promoters held 74.70% of Karma Energy on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
In FY26, Karma Energy generated ₹1.9 crore of cash from operations and spent ₹1.6 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹32 lakh. In FY25 it was ₹32 lakh.
Karma Energy's latest results are for Q1 FY27 (April–June 2026), filed on 13 August 2026: standalone net profit ₹44 lakh, down 27.5% from ₹61 lakh in Q1 FY26; revenue from operations ₹3.2 crore, up 4.8% year on year.
In FY26 (April 2025–March 2026), Karma Energy's standalone net profit was ₹1 crore, down 32.7% from ₹1.6 crore in FY25, on revenue from operations of ₹9.8 crore (up 12.1%). Over three years, from FY23, net profit was down 82.2%.
Karma Energy has not yet announced the date of its Q2 FY27 results (July–September 2026); under SEBI's listing rules (Regulation 33) they are due by 14 November 2026.
On FY26 standalone figures, against Energy Development, Enviro Infra Engineers and GMR Power and Urban Infra: Karma Energy's operating margin of −50.1% is the lowest of the four (Energy Development 25.9%, Enviro Infra Engineers 21.4%, GMR Power and Urban Infra 56.4%; peer average 34.5%); its return on equity of 2.6% is the second highest of the four (Energy Development −8.0%, Enviro Infra Engineers 15.8%, GMR Power and Urban Infra −5.7%; peer average 0.7%).
In FY26, Karma Energy earned net profit of ₹1 crore on revenue of ₹9.8 crore, against ₹7 crore on ₹18.9 crore for Energy Development. Karma Energy's operating margin was −50.1% (Energy Development 25.9%) and its return on equity 2.6% (Energy Development −8.0%). At the 29 October 2026 close, Karma Energy's market capitalisation was ₹38.7 crore against ₹62.5 crore for Energy Development.
From Karma Energy's own standalone results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Standalone figures from the company's filings with NSE; prices are NSE closing prices.