Karma Energy Limited

BSE: 533451 NSE: KARMAENG
Karma Energy Limited - environment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN L31101MH2007PLC168823 Incorporated 15 March 2007 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - NSE: KARMAENG · BSE: 533451 Public Limited Company environment
Data last updated
Market Cap
₹37.57 Cr
KARMAENG · NSE
Share Price
₹31.86
-1.88% today
Revenue
₹31.66 Cr
FY 2021-22 · +25.2% YoY
EBITDA
₹8.24 Cr
Margin 26.0%
Net Profit
−₹1.63 Cr
FY 2021-22 · +87.7% YoY
Debt / Equity
2.80
Interest cover 226.6x
Authorised capital
₹18 Cr
Registered with MCA
Paid-up capital
₹11.57 Cr
Issued & subscribed

About Karma Energy Limited

Data last updated:

Karma Energy Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the wind energy solutions segment of the environmental services sector. It was incorporated on 15 March 2007 and has been in existence for over 19 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L31101MH2007PLC168823. Its GSTIN is 27AADCK1232G1ZX (Maharashtra). The company holds 3 GST registrations, all of them active. It is a listed company as per MCA records. Its shares are listed on BSE: 533451 and NSE: KARMAENG.

The company has an authorised share capital of ₹18 Cr and a paid-up capital of ₹11.57 Cr. It was formerly known as Karma Wind Power Limited and Karma Wind Power Private Limited. It is led by directors including Smita Vinesh Davda and Hitesh Vrajlal Siraj.

Its last annual general meeting (AGM) was held on 23 July 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 214 Empire House Dr. D. N. Road Ent. A. K. Nayak Marg Fort, Mumbai, Maharashtra, India – 400001.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹9.76 Cr, a growth of 12.2% compared to the previous year. For the same year it recorded a net loss of ₹19 Lakh (net margin -1.9%) and EBITDA of -₹2.88 Cr (EBITDA margin -29.5%). The net worth stands at ₹40.83 Cr (up 2.5% YoY). Total assets are valued at ₹42.53 Cr (up 1.7% YoY).

The company has about 33 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Karma Energy. As per MCA filings, the company has open charges of ₹1.08 Cr and satisfied charges of ₹130.66 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website karmaenergy.co.

Company details

CIN L31101MH2007PLC168823
Registration Number 168823
Incorporation Date 15 March 2007
ROC Mumbai
Listing Status Listed - Listed on NSE (KARMAENG); Listed on BSE (533451)
Company Status Active
Date of Last AGM 23 July 2026
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

Name history

Karma Energy has undergone 3 name changes throughout its history. The company was previously known as Karma Wind Power Limited, Karma Wind Power Private Limited, and Karma Wind Power Limited. The current legal name is Karma Energy Limited.

Company NameStatus
Karma Energy LimitedCurrent
Karma Wind Power LimitedPrevious
Karma Wind Power Private LimitedPrevious
Karma Wind Power LimitedPrevious

CIN history

Karma Energy has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L31101MH2007PLC168823, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L31101MH2007PLC168823Current
U31101MH2007PTC168823Previous
U31101MH2007PLC168823Previous
Key People
Thamarathiruthy Venkateswaran Subramanian Cfo Smita Vinesh Davda Director Hitesh Vrajlal Siraj Director

Contact details

Karma Energy Limited's registered office is in Mumbai, Maharashtra. Its website is karmaenergy.co. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    karmaenergy.co
  • Registered Address
    214 Empire House Dr. D. N. Road Ent. A. K. Nayak Marg Fort, Mumbai, Maharashtra, India – 400001
  • Industry
    Environment, Wind Energy Solutions

To see the full contact details of Karma Energy Limited, buy the company report.

Comprehensive company report
Karma Energy Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Karma Energy operates one associated brand: Karma Energy. Each brand links to its own profile.

BrandDescriptionWebsite
Karma Energy
Wind energy projects are developed and operated in India.karmaenergy.co

Business activity

The main business activity of Karma Energy is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
DElectricity, gas, steam and air condition supplyD1Electric power generation, transmission and distribution

To see the full business activity and turnover split of Karma Energy Limited, buy the company report.

Financials of Karma Energy Limited

FY 2025-26 filings available

Karma Energy Limited reported revenue of ₹9.76 Cr (up 12.2% YoY) for FY 2025-26.

Financial Highlights

FY 2021-22 · Consolidated
Revenue
₹31.66 Cr
+25.2% YoY
EBITDA
₹8.24 Cr
+748.8% YoY
Profit After Tax
−₹1.63 Cr
+87.7% YoY
Net Worth
₹30.21 Cr
+205.5% YoY
Total Assets
₹49.31 Cr
-52.3% YoY
Total Debt
₹18.80 Cr
-79.9% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Income statement
Revenue31.6625.2841.8834.7040.3032.6218.98
Revenue growth+25.2%-39.6%+20.7%-13.9%+23.5%+71.9%-
EBITDA8.24(1.27)13.000.0811.9212.976.70
EBITDA margin+26.0%-5.0%+31.0%+0.2%+29.6%+39.8%+35.3%
Profit before tax(1.76)(14.28)0.18(10.51)(1.81)(3.72)(6.54)
Net profit(1.63)(13.28)(0.28)(4.39)(2.45)0.07(9.75)
Net profit margin-5.2%-52.5%-0.7%-12.7%-6.1%+0.2%-51.4%
EPS (₹)(1.40)(11.47)(0.24)(8.62)0.000.00(3.93)
Balance sheet
Total assets49.31103125129159156147
Net worth30.219.8926.4541.3581.5658.9529.36
Total debt18.8093.3798.1485.8072.7991.49110
Cash & bank11.0011.0810.7511.975.554.805.50
Net working capital23.9517.5728.4726.7219.8933.0937.03
Cash flow
Cash from operations(1.09)10.637.756.2921.714.68(12.81)
Cash from investing50.181.40(18.54)(10.58)3.868.50(0.34)
Cash from financing(49.39)(11.83)3.477.38(21.09)(14.29)13.22
ParticularsMar 2022Dec 2021Sep 2021Jun 2021Mar 2021Dec 2020Sep 2020Jun 2020
Revenue2.0310.0312.437.172.444.4111.357.08
Revenue growth (YoY)-16.8%+127.4%+9.5%+1.3%-59.9%---
Other income0.520.100.170.160.110.190.140.07
EBITDA(0.75)5.123.130.75(2.82)(1.01)2.330.23
EBITDA margin-36.9%+51.0%+25.2%+10.5%-115.6%-22.9%+20.5%+3.2%
Depreciation1.371.581.581.571.561.591.591.58
Interest0.741.311.391.412.001.701.741.75
Profit before tax(2.34)2.330.33(2.07)(6.27)(4.11)(0.86)(3.03)
Tax0.360.05(0.27)(0.27)0.66(1.15)(0.28)(0.21)
Net profit(2.70)2.280.60(1.80)(6.93)(2.96)(0.58)(2.82)
EPS (₹)(2.33)1.970.52(1.56)(5.98)(2.56)(0.51)(2.43)
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue9.768.7012.3512.8127.5323.0735.88
Revenue growth+12.2%-29.6%-3.6%-53.5%+19.3%-35.7%-
EBITDA(2.88)0.452.073.205.28(1.80)10.00
EBITDA margin-29.5%+5.2%+16.8%+25.0%+19.2%-7.8%+27.9%
Profit before tax(0.95)1.41(0.03)7.21(2.27)(11.67)0.22
Net profit(0.19)0.651.792.81(2.14)(10.67)0.19
Net profit margin-2.0%+7.5%+14.5%+21.9%-7.8%-46.3%+0.5%
EPS (₹)0.911.210.115.09(1.84)(9.24)0.15
Balance sheet
Total assets42.5341.8239.7344.8249.3197.54117
Net worth40.8339.8238.4438.4730.2132.5645.82
Total debt1.521.951.086.2818.8064.7871.14
Cash & bank0.110.580.090.2911.0010.9210.54
Net working capital13.8216.067.299.1623.9517.6826.33
Cash flow
Cash from operations1.931.664.434.96(1.59)11.084.67
Cash from investing(1.82)(1.89)0.698.5550.690.12(19.40)
Cash from financing(0.58)0.72(5.32)(13.49)(49.39)(11.03)7.56
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue3.200.881.204.623.060.940.944.42
Revenue growth (YoY)+4.6%-6.4%+27.7%+4.5%+27.5%---
Other income0.391.880.330.371.530.930.280.44
Total expenses2.543.333.123.033.151.472.322.27
EBITDA0.66(2.45)(1.92)1.59(0.09)(0.53)(1.38)2.15
EBITDA margin+20.6%-278.4%-160.0%+34.4%-2.9%-56.4%-146.8%+48.6%
Depreciation0.510.510.510.500.500.480.470.47
Interest0.030.040.040.040.040.040.050.03
Profit before tax0.51(1.12)(2.14)1.420.90(0.12)(1.62)2.09
Tax0.06(0.29)(2.37)0.370.29(0.27)(0.22)0.37

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 23 Oct 2026
ParticularsMar 2022Dec 2021Sep 2021Jun 2021Mar 2021Dec 2020Sep 2020Jun 2020
Revenue2.0310.0312.437.172.444.4111.357.08
Revenue growth (YoY)-16.8%+127.4%+9.5%+1.3%-59.9%---
Other income0.520.100.170.160.110.190.140.07
EBITDA(0.75)5.123.130.75(2.82)(1.01)2.330.23
EBITDA margin-36.9%+51.0%+25.2%+10.5%-115.6%-22.9%+20.5%+3.2%
Depreciation1.371.581.581.571.561.591.591.58
Interest0.741.311.391.412.001.701.741.75
Profit before tax(2.34)2.330.33(2.07)(6.27)(4.11)(0.86)(3.03)
Tax0.360.05(0.27)(0.27)0.66(1.15)(0.28)(0.21)
Net profit(2.70)2.280.60(1.80)(6.93)(2.96)(0.58)(2.82)
EPS (₹)(2.33)1.970.52(1.56)(5.98)(2.56)(0.51)(2.43)
ParticularsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Revenue31.6625.2841.8834.7040.3032.6218.98
Revenue growth+25.2%-39.6%+20.7%-13.9%+23.5%+71.9%-
Other income0.950.491.182.440.381.355.84
Total expenses23.4226.5528.8834.6228.3819.6512.28
Employee cost3.363.214.104.664.064.924.87
EBITDA8.24(1.27)13.000.0811.9212.976.70
EBITDA margin+26.0%-5.0%+31.0%+0.2%+29.6%+39.8%+35.3%
Depreciation6.106.326.626.176.266.506.58
Interest4.857.187.386.867.8511.5412.50
Profit before tax(1.76)(14.28)0.18(10.51)(1.81)(3.72)(6.54)
Tax(0.13)(1.00)0.011.011.92(1.60)1.09
Net profit(1.63)(13.28)(0.28)(4.39)(2.45)0.07(9.75)
Net profit margin-5.2%-52.5%-0.7%-12.7%-6.1%+0.2%-51.4%
EPS (₹)(1.40)(11.47)(0.24)(8.62)0.000.00(3.93)
ParticularsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Equity & liabilities
Share capital11.5711.5711.5711.5711.5711.5711.57
Reserves & surplus18.64(1.68)14.8829.7869.9947.3817.79
Shareholders' funds (net worth)30.219.8926.4541.3581.5658.9529.36
Minority interest0.000.000.001.603.925.197.21
Secured loans17.2523.7334.0147.6460.3138.4957.40
Unsecured loans1.5569.6464.1338.1612.4853.0052.31
Total debt18.8093.3798.1485.8072.7991.49110
Total liabilities49.31103125129159156147
Assets
Gross block164219219216217217214
Net block32.3779.7885.4489.4296.69103106
Capital work in progress0.000.001.711.471.291.293.76
Investments1.8816.1020.0925.6060.9329.027.74
Inventories2.392.642.752.715.284.894.70
Sundry debtors9.916.8116.5610.468.4326.0331.24
Cash & bank balances11.0011.0810.7511.975.554.805.50
Loans & advances5.472.493.564.215.071.791.78
Total current assets28.7723.0233.6229.3524.3337.5143.22
Total current liabilities4.825.455.152.634.444.426.19
Net working capital23.9517.5728.4726.7219.8933.0937.03
Total assets49.31103125129159156147
ParticularsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Opening cash0.570.497.814.720.251.361.29
Net cash from operating activities(1.09)10.637.756.2921.714.68(12.81)
Net cash from investing activities50.181.40(18.54)(10.58)3.868.50(0.34)
Net cash from financing activities(49.39)(11.83)3.477.38(21.09)(14.29)13.22
Net change in cash(0.30)0.20(7.32)3.094.47(1.11)0.08
Closing cash11.0011.0810.7511.975.554.805.50
ParticularsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Growth
Sales growth+25.2%-39.6%+20.7%-13.9%+23.5%+71.9%-
EBITDA growth+748.8%-109.8%--99.3%-8.1%+93.6%-
PBT growth+87.7%-+9998.0%-480.7%+51.3%+43.1%+33.3%
Net income growth+87.7%-4642.9%+93.6%-79.2%-3600.0%+100.7%-
Revenue CAGR (3Y)-3.0%-14.4%+8.7%+22.3%+27.5%+1.2%-15.7%
EBITDA CAGR (3Y)+368.8%-+0.1%-77.1%+25.0%-1.3%-26.4%
Profitability & leverage
Net income margin-5.2%-52.5%+0.4%-33.2%-9.3%-6.5%-40.2%
Return on capital employed0.0%0.0%+5.4%0.0%0.0%0.0%0.0%
Return on net worth0.0%0.0%+0.3%0.0%0.0%0.0%0.0%
Debt / equity2.805.272.711.291.172.283.40
Long-term debt / equity0.781.210.940.720.510.711.22
Interest cover226.64-94.60115.67-112.64138.69178.3610,416.67
Efficiency & per share
Fixed asset turnover0.170.120.190.160.190.150.09
Inventory turnover12.599.3815.348.697.936.804.11
Debtors turnover3.792.163.103.672.341.140.80
EPS (₹)(1.40)(11.47)(0.24)(8.62)0.000.00(3.93)
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)26.118.5522.8635.7470.5050.9525.37
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue3.200.881.204.623.060.940.944.42
Revenue growth (YoY)+4.6%-6.4%+27.7%+4.5%+27.5%---
Other income0.391.880.330.371.530.930.280.44
Total expenses2.543.333.123.033.151.472.322.27
EBITDA0.66(2.45)(1.92)1.59(0.09)(0.53)(1.38)2.15
EBITDA margin+20.6%-278.4%-160.0%+34.4%-2.9%-56.4%-146.8%+48.6%
Depreciation0.510.510.510.500.500.480.470.47
Interest0.030.040.040.040.040.040.050.03
Profit before tax0.51(1.12)(2.14)1.420.90(0.12)(1.62)2.09
Tax0.06(0.29)(2.37)0.370.29(0.27)(0.22)0.37
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue9.768.7012.3512.8127.5323.0735.88
Revenue growth+12.2%-29.6%-3.6%-53.5%+19.3%-35.7%-
Other income4.113.000.969.980.950.490.99
Total expenses12.648.2510.289.6122.2524.8725.88
Employee cost2.883.002.942.872.722.392.61
EBITDA(2.88)0.452.073.205.28(1.80)10.00
EBITDA margin-29.5%+5.2%+16.8%+25.0%+19.2%-7.8%+27.9%
Depreciation2.021.892.944.835.095.115.42
Interest0.160.150.121.143.415.255.35
Profit before tax(0.95)1.41(0.03)7.21(2.27)(11.67)0.22
Tax(1.98)0.00(0.15)1.31(0.13)(1.00)0.03
Net profit(0.19)0.651.792.81(2.14)(10.67)0.19
Net profit margin-2.0%+7.5%+14.5%+21.9%-7.8%-46.3%+0.5%
EPS (₹)0.911.210.115.09(1.84)(9.24)0.15
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital11.5711.5711.5711.5711.5711.5711.57
Reserves & surplus29.2628.2526.8726.9018.6420.9934.25
Shareholders' funds (net worth)40.8339.8238.4438.4730.2132.5645.82
Secured loans0.550.790.000.0017.2523.7334.01
Unsecured loans0.971.161.086.281.5541.0537.13
Total debt1.521.951.086.2818.8064.7871.14
Total liabilities42.5341.8239.7344.8249.3197.54117
Assets
Gross block146152159162164165164
Net block21.2222.0623.3027.3732.3737.4642.31
Capital work in progress0.000.000.000.000.000.000.00
Investments11.065.7612.5413.521.8852.4258.99
Inventories1.651.962.042.032.392.520.42
Sundry debtors1.236.969.1710.569.916.7915.86
Cash & bank balances0.110.580.090.2911.0010.9210.54
Loans & advances11.5212.781.631.315.472.102.09
Total current assets14.5122.2812.9314.1928.7722.3328.91
Total current liabilities0.696.225.645.034.824.652.58
Net working capital13.8216.067.299.1623.9517.6826.33
Total assets42.5341.8239.7344.8249.3197.54117
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.580.090.290.280.570.407.48
Net cash from operating activities1.931.664.434.96(1.59)11.084.67
Net cash from investing activities(1.82)(1.89)0.698.5550.690.12(19.40)
Net cash from financing activities(0.58)0.72(5.32)(13.49)(49.39)(11.03)7.56
Net change in cash(0.47)0.49(0.20)0.02(0.30)0.17(7.16)
Closing cash0.110.580.090.2911.0010.9210.54
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+12.2%-29.6%-3.6%-53.5%+19.3%-35.7%-
EBITDA growth-740.0%-78.3%-35.3%-39.4%+393.3%-118.0%-
PBT growth-+9998.0%-+9998.0%+80.6%-+9998.0%
Net income growth-129.2%-63.7%-36.3%+231.3%+79.9%-5715.8%-
Revenue CAGR (3Y)-8.7%-31.9%-18.8%-29.1%-1.8%-11.7%+9.3%
EBITDA CAGR (3Y)--56.0%--31.6%+56.0%--2.1%
Profitability & leverage
Net income margin+10.6%+16.2%+1.0%+46.1%-7.8%-46.3%+0.5%
Return on capital employed-4.2%+0.8%+2.1%+6.5%0.0%0.0%+5.0%
Return on net worth-0.4%+1.4%+3.9%+7.4%0.0%0.0%+0.4%
Debt / equity0.040.040.100.371.331.731.37
Long-term debt / equity0.030.030.030.200.500.560.61
Interest cover-3.27-10.42-13.79-69.941,794.74-75.98116.81
Efficiency & per share
Fixed asset turnover0.070.060.080.080.170.140.22
Inventory turnover5.414.356.075.8011.2115.6979.73
Debtors turnover2.381.081.251.253.302.042.78
EPS (₹)0.911.210.115.09(1.84)(9.24)0.15
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)35.2934.4233.2333.2526.1128.1439.60

To see the full year-wise statements and ratios of Karma Energy Limited, buy the company report.

Board of directors and KMP of Karma Energy Limited

Karma Energy Limited currently reports 6 directors and 1 key managerial person. 7 former directors have served the organization.

Current Directors and KMP
NameDesignationAppointment DateTenureStatus
Smita Vinesh Davda
Also directs: Weizmann Limited, Weizmann Digital Limited, Navbharat Potteries Private Limited and 3 more
Director20 Mar 201511 Years 7 MonthsCurrent
Hitesh Vrajlal Siraj
Also directs: Weizmann Limited, Ram Krishna Iron Works Private Limited, Weizmann International Limited and 5 more
Director25 Oct 20241 Years 11 MonthsCurrent
Thamarathiruthy Venkateswaran SubramanianCfo27 May 201412 Years 4 MonthsCurrent
Neelkamal Vrajlal Siraj
Also directs: Marigold Landscapes LLP, Seera Landscapes LLP, Siraj Sons & Partners LLP and 5 more
Director26 Aug 201016 Years 1 MonthsCurrent
Balady Shekar Shetty
Also directs: Siul-Baroti Hydro Projects Limited, Weizmann Forex Limited, Kombai Mettu Energy Projects Limited and 2 more
Director24 May 20179 Years 5 MonthsCurrent
Dharmendra Gulabchand Siraj
Also directs: Siraj Sons & Partners LLP, Weizmann Limited, Ram Krishna Iron Works Private Limited and 5 more
Director26 Aug 201016 Years 1 MonthsCurrent
Showing 6 of 7 current directors and KMP. View all directors and KMP

Peer comparison

Karma Energy Limited is compared with the 6 companies closest to it by revenue in the Cleantech industry (Wind Power), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Belgaum Wind Farms Private Limited₹11.66 Cr (FY 2025)-6.0%Anekal, Karnataka, India
Opg Business Centre Private Limited₹11.65 Cr (FY 2025)15.0%Chennai, Tamil Nadu, India
V V Green Power Private Limited₹11.54 Cr (FY 2024)6.0%Erode, Tamil Nadu, India
Parmarth Wind Energy Private Limited₹11.33 Cr (FY 2024)8.0%Kolkata, West Bengal, India
Shree Malaiamman Energy India Private Limited₹11.25 Cr (FY 2024)122.0%Erode, Tamil Nadu, India
Inox Renewables Limited₹11.09 Cr (FY 2020)-52.0%Vadodara, Gujarat, India
Karma Energy Limitedthis company₹9.76 Cr (FY 2026)-₹19 Lakh-1.9%12.2%33Mumbai, Maharashtra, India

To see the full peer comparison of Karma Energy Limited, buy the company report.

Auditor

Karma Energy Limited is audited by BATLIBOI & PUROHIT for the financial year 2023.

Auditor firmFinancial yearFirm registration number
BATLIBOI & PUROHITFY 2023101048W

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 74.70%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 25.30%.

Promoters: 74.70%Retail & Others: 25.30%
Sep 2026
QUARTER
74.70% Promoters
25.30% Retail & Others
Promoter holding - history
Now 74.70% · Sep 2026High 74.70% · Dec 2025Low 74.70% · Dec 2025
73%73.8%74.5%75.3%76%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 74.70%Mar 2026: 74.70%Jun 2026: 74.70%Sep 2026: 74.70%74.70%74.70%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters74.70%74.70%74.70%74.70%
Public25.30%25.30%25.30%25.30%

Charges & borrowings

Open charges
₹1.08 Cr
Satisfied charges
₹130.66 Cr
Breakdown by lending institutions
Others₹1.08 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Dec 2024101035355Others₹1.08 CrOpen
02 May 2019100260918Hdfc Bank Limited₹5.26 CrSatisfied
28 Mar 2018100167823Hdfc Bank Limited₹41 CrSatisfied
14 Oct 201410529720The Saraswat Co-Operative Bank Limited₹14.73 LakhSatisfied
15 Jun 201110299243The Saraswat Co-Operative Bank Ltd.₹8.49 LakhSatisfied

To see the full charge records of Karma Energy Limited, buy the company report.

Total charge records: 8 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Karma Energy Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Karma Energy Limited has a workforce of 33 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.

Employee count
33
Active EPFO establishments
1
Employee growth
-15.38%

GST

Karma Energy has 3 GST registrations: 3 active.

Total GSTINs
3
Active
3
GSTINStateStatusRegistered on
27AADCK1232G1ZXMaharashtraActive01 Jul 2017
33AADCK1232G1Z4Tamil NaduActive01 Jul 2017
37AADCK1232G1ZWAndhra PradeshActive07 Oct 2021

To see the full GST registrations and return filing status of Karma Energy Limited, buy the company report.

Recent activity

Karma Energy Limited has 14 board changes on record since 2007: 7 appointments and 7 cessations. The latest: Hitesh Vrajlal Siraj was appointed as Director on 25 Oct 2024.

AGM
Karma Energy Limited last Annual general meeting of members was held on 23 Jul 2026 as per latest MCA records.
Filing
Karma Energy Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
Charges
A charge with Others amounted to Rs. 1.08 Cr with Charge ID 101035355 was registered on 30 Dec 2024.
Appointed
Hitesh Vrajlal Siraj was appointed as Director.
Charges
A charge registered on 28 Mar 2018 via Charge ID 100167823 with Hdfc Bank Limited was fully satisfied on 13 Jan 2023.
Charges
A charge registered on 02 May 2019 via Charge ID 100260918 with Hdfc Bank Limited was fully satisfied on 05 Apr 2022.
Charges
A charge registered on 14 Oct 2014 via Charge ID 10529720 with The Saraswat Co-Operative Bank Limited was fully satisfied on 03 Sep 2019.
Charges
A charge registered on 14 Dec 2004 via Charge ID 80066948 with Uco Bank was fully satisfied on 12 Jul 2019.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 5.26 Cr with Charge ID 100260918 was registered on 02 May 2019.
Ceased
Upkar Singh Kohli ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 41.00 Cr with Charge ID 100167823 was registered on 28 Mar 2018.
Ceased
Vishnu Pundalika Kamath ceased to be Director.

21 earlier events are in the company report.

News

Frequently asked questions

Karma Energy is an active public limited company based in Mumbai, Maharashtra, India. The company works in wind energy solutions, within the environment industry. It was incorporated on 15 March 2007 (19+ years old) and is registered under CIN L31101MH2007PLC168823. Listed on BSE: 533451 and NSE: KARMAENG.

Karma Energy reported revenue of ₹9.76 Cr for FY 2025-26 (up 12.2% YoY) based on standalone financials.

Karma Energy has 7 current directors and KMP:

The latest financial statements of Karma Energy on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 23 July 2026. Year-wise statements from 2015 are in the company report.

The GSTIN of Karma Energy is 27AADCK1232G1ZX, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 33AADCK1232G1Z4 (Tamil Nadu), 37AADCK1232G1ZW (Andhra Pradesh).

The CIN (Corporate Identification Number) of Karma Energy is L31101MH2007PLC168823. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Karma Energy is a listed company as per MCA records. Its shares are listed on both BSE (code: 533451) and NSE (symbol: KARMAENG).

Karma Energy has 3 court cases on record: 3 filed by the company. 1 is pending. Most are in the high courts.

Karma Energy was incorporated on 15 March 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Karma Energy by revenue are Belgaum Wind Farms Private Limited, Opg Business Centre Private Limited, V V Green Power Private Limited, Parmarth Wind Energy Private Limited, Shree Malaiamman Energy India Private Limited and 1 more, all in the Cleantech industry (Wind Power), with the same principal business activity (electric power generation, transmission and distribution).

Hitesh Vrajlal Siraj was appointed as Director on 25 Oct 2024. Upkar Singh Kohli ceased to be Director on 06 Mar 2019. Vishnu Pundalika Kamath ceased to be Director on 17 Nov 2017. Karma Energy has 14 board changes on record in total.