Karma Energy Profile
Key Indicators
- Authorised Capital ₹ 18.00 Cr
- Paid Up Capital ₹ 11.57 Cr
- Company Age 17 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 130.66 Cr
- Revenue Growth -36.59%
- Profit Growth 377.03%
- Ebitda 331.79%
- Net Worth 27.34%
- Total Assets -12.51%
About Karma Energy
Karma Energy Limited (KEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 15 March 2007 and has a history of 17 years and ten months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 533451 and on the National Stock Exchange(NSE) under KARMAENG.
The Corporate was formerly known as Karma Wind Power Limited. The Company is engaged in the Environment Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 18.00 Cr and a paid-up capital of Rs 11.57 Cr.
The company has closed loans amounting to ₹130.66 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Karma Energy Limited India is Thamarathiruthy Subramanian as CFO. Neelkamal Siraj, Chetan Mehra, Dharmendra Siraj, and Three other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media-
Corporate Identity Details
Industry
Who are the key members and board of directors at Karma Energy?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Chetan Mehra  | Managing Director | 15-Mar-2007 | Current |
| Thamarathiruthy Subramanian | CFO | 01-Dec-2010 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Hitesh Siraj | Additional Director | 07-Nov-2024 | Current |
| Neelkamal Siraj | Director | 26-Aug-2010 | Current |
| Dharmendra Siraj | Director | 26-Aug-2010 | Current |
| Smita Davda | Director | 20-Mar-2015 | Current |
| Balady Shetty | Director | 24-May-2017 | Current |
Financial Performance of Karma Energy.
Karma Energy Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 36.59% decrease. The company also saw a substantial improvement in profitability, with a 377.03% increase in profit. The company's net worth Soared by an impressive increase of 27.34%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Karma Energy?
In 2023, Karma Energy had a promoter holding of 74.70% and a public holding of 25.30%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Ram Krishna Iron Works Private LimitedNeelkamal Siraj, Dharmendra Siraj and 1 more are mutual person
Weizmann LimitedNeelkamal Siraj, Chetan Mehra and 4 more are mutual person
- Weizmann International Limited
Neelkamal Siraj, Dharmendra Siraj and 1 more are mutual person
- Weizmann Forex Limited
Neelkamal Siraj, Chetan Mehra and 1 more are mutual person
- Weizmann Corporate Services Limited
Neelkamal Siraj, Chetan Mehra and 1 more are mutual person
- Weizmann Energy Limited
Neelkamal Siraj is a mutual person
Charges (Loans)
₹0
₹130.66 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 47.00 Cr
- Hdfc Bank Limited : 46.26 Cr
- Uco Bank : 21.36 Cr
- State Bank Of India : 15.81 Cr
- The Saraswat Co-Operative Bank Limited : 0.15 Cr
- Others : 0.08 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 May 2019 | Hdfc Bank Limited | ₹5.26 Cr | Satisfied |
| 28 Mar 2018 | Hdfc Bank Limited | ₹41.00 Cr | Satisfied |
| 14 Oct 2014 | The Saraswat Co-Operative Bank Limited | ₹1.47 M | Satisfied |
| 15 Jun 2011 | The Saraswat Co-Operative Bank Ltd. | ₹0.85 M | Satisfied |
| 21 May 2011 | State Bank Of India | ₹15.81 Cr | Satisfied |
How Many Employees Work at Karma Energy?
Karma Energy has a workforce of 33 employees as of Mar 23, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Karma Energy, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Karma Energy's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
