Karma Energy Limited

Renewable energy company with wind power plants in Maharashtra, Tamil Nadu, and Andhra Pradesh.

2007 | Mumbai, Maharashtra (India) | Active
Last Updated:

Karma Energy Profile

Key Indicators

  • Authorised Capital ₹ 18.00 Cr
  • Paid Up Capital ₹ 11.57 Cr
  • Company Age 18 Year, 1 Month
  • 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 18 years and one month. 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

  • CIN/LLPIN

    L31101MH2007PLC168823

  • Company No.

    168823

  • Stock Symbol

    BSE : 533451 NSE : KARMAENG

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 Mar 2007

  • Date of AGM

    30 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Environment
Company report

Karma Energy Limited

Explore comprehensive data for Karma Energy Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Karma Energy?

Executive Team (2)

NameDesignationAppointment DateStatus
Chetan Mehra Country flag representing In Managing Director15-Mar-2007Current
Thamarathiruthy Subramanian Country flag representing In CFO01-Dec-2010Current

Board Members (5)

NameDesignationAppointment DateStatus
Hitesh Siraj Country flag representing In Additional Director 07-Nov-2024Current
Neelkamal Siraj Country flag representing In Director 26-Aug-2010Current
Dharmendra Siraj Country flag representing In Director 26-Aug-2010Current
Smita Davda Country flag representing In Director 20-Mar-2015Current
Balady Shetty Country flag representing In Director 24-May-2017Current

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%.

Karma Energy revenue growth over time
Karma Energy profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-36.59%
Revenue from Operations
-42.89%
Total Assets
-12.51%
Profit or Loss
377.03%
Net Worth
27.34%
EBITDA
331.79%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹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

DateLenderAmountStatus
02 May 2019Hdfc Bank Limited₹5.26 CrSatisfied
28 Mar 2018Hdfc Bank Limited₹41.00 CrSatisfied
14 Oct 2014The Saraswat Co-Operative Bank Limited₹1.47 MSatisfied
15 Jun 2011The Saraswat Co-Operative Bank Ltd.₹0.85 MSatisfied
21 May 2011State Bank Of India₹15.81 CrSatisfied

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.

Employee growth trends for Karma Energy Limited

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Karma Energy

Recent activity within the organization

  • Director Appointment

    Hitesh Vrajlal Siraj was appointed as a Additional Director was appointed as a Additional Director on 07 Nov 2024 & has been associated with this company since 5 months 28 days .

  • Annual General Meeting

    Karma Energy Limited last Annual general meeting of members was held on 30 Jul 2024 as per latest MCA records.

  • Balance Sheet

    Karma Energy Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • 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.

Frequently asked questions

  • What is the Incorporation or founding date of Karma Energy Limited?

    Karma Energy Limited was incorporated on 15 Mar 2007.

  • What is authorized share capital and paid-up capital of Karma Energy Limited?

    The authorized share capital of Karma Energy Limited is ₹ 18.00 Cr and paid-up capital is ₹ 11.57 Cr.

  • Who are the current board members & directors of Karma Energy Limited?

    Currently 7 directors are associated with Karma Energy Limited.

    • Neelkamal Vrajlal Siraj
    • Chetan Durgadas Mehra
    • Dharmendra Gulabchand Siraj
    • Smita Vinesh Davda
    • Hitesh Vrajlal Siraj
    • Balady Shekar Shetty
    • Thamarathiruthy Venkateswaran Subramanian

  • What is the registered address of Karma Energy Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Karma Energy Limited is 214 Empire House Dr. D. N. Road Ent. A. K. Nayak Marg, Fort India, Mumbai, Maharashtra, 400001.

  • What is the corporate identification number (CIN) and company number of Karma Energy Limited?

    The corporate identification number (CIN) of Karma Energy Limited is L31101MH2007PLC168823 and the company number is 168823 as per Ministry of Corporate Affairs (MCA).

  • Is Karma Energy Limited registered with any stock exchange in India?

    Yes, Karma Energy Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): KARMAENG.

  • What is the official website of Karma Energy Limited?

    The Official website of Karma Energy Limited is https://www.karmaenergy.co

  • What has been the recent revenue trend for Karma Energy Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Karma Energy Limited has fallen by -36.59%.

  • How many employees does Karma Energy Limited currently have?

    As Per 2023 financial reports, 33 employees are currently employed by Karma Energy Limited.

  • What change has been observed in the net worth of Karma Energy Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Karma Energy Limited has experienced an upsurge of 27.34%.

  • When was the last Balance Sheet of Karma Energy Limited filed with the ROC?

    The most recent Balance Sheet for Karma Energy Limited was filed with the ROC on 31 Mar 2024.

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