Financials Karma Energy Limited NSE India S.E.

Equities

KARMAENG

INE725L01011

Electric Utilities

Market Closed - NSE India S.E. 05:13:52 15/05/2024 pm IST 5-day change 1st Jan Change
72.05 INR +0.70% Intraday chart for Karma Energy Limited -3.48% -8.10%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 374.3 196.7 163.1 159.7 373.1 395.2
Enterprise Value (EV) 1 1,047 935.4 1,037 989.4 451.1 455.1
P/E ratio -15.3 x -1.97 x -58.4 x -1.2 x -23 x 6.71 x
Yield - - - - - -
Capitalization / Revenue 0.93 x 0.57 x 0.39 x 0.63 x 1.18 x 3.09 x
EV / Revenue 2.6 x 2.7 x 2.48 x 3.91 x 1.42 x 3.55 x
EV / EBITDA 8.78 x 12.6 x 8.02 x -69.7 x 6.38 x 6.7 x
EV / FCF 5.54 x -18.4 x 57.6 x 14.2 x -14.7 x 4.77 x
FCF Yield 18% -5.43% 1.74% 7.07% -6.78% 21%
Price to Book 0.46 x 0.48 x 0.62 x 1.61 x 1.23 x 1.03 x
Nbr of stocks (in thousands) 11,570 11,570 11,570 11,570 11,570 11,570
Reference price 2 32.35 17.00 14.10 13.80 32.25 34.16
Announcement Date 09/08/18 12/07/19 27/11/20 01/09/21 05/07/22 25/05/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 403 347 418.8 252.8 316.6 128.1
EBITDA 1 119.2 74.04 129.4 -14.19 70.76 67.97
EBIT 1 56.68 12.35 64.71 -75.84 21.39 21.17
Operating Margin 14.06% 3.56% 15.45% -29.99% 6.76% 16.53%
Earnings before Tax (EBT) 1 -18.01 -105.1 1.626 -142.7 -17.58 71.97
Net income 1 -24.42 -99.79 -2.793 -132.7 -16.24 58.9
Net margin -6.06% -28.76% -0.67% -52.5% -5.13% 45.99%
EPS 2 -2.111 -8.625 -0.2414 -11.47 -1.404 5.090
Free Cash Flow 1 189 -50.81 18.02 69.91 -30.6 95.44
FCF margin 46.89% -14.64% 4.3% 27.65% -9.67% 74.52%
FCF Conversion (EBITDA) 158.47% - 13.92% - - 140.41%
FCF Conversion (Net income) - - - - - 162.03%
Dividend per Share - - - - - -
Announcement Date 09/08/18 12/07/19 27/11/20 01/09/21 05/07/22 25/05/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 673 739 874 830 78 59.9
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 5.644 x 9.977 x 6.757 x -58.49 x 1.102 x 0.8811 x
Free Cash Flow 1 189 -50.8 18 69.9 -30.6 95.4
ROE (net income / shareholders' equity) -4.96% -17.9% 0.45% -73.1% -8.1% 17.2%
ROA (Net income/ Total Assets) 1.99% 0.47% 2.81% -3.62% 1.46% 2.23%
Assets 1 -1,227 -21,300 -99.49 3,668 -1,109 2,646
Book Value Per Share 2 70.50 35.70 22.90 8.550 26.10 33.30
Cash Flow per Share 2 4.080 6.750 0.4300 0.6000 0.2400 0.2500
Capex 1 0.14 73.7 13.1 6.63 0.05 -
Capex / Sales 0.03% 21.24% 3.14% 2.62% 0.01% -
Announcement Date 09/08/18 12/07/19 27/11/20 01/09/21 05/07/22 25/05/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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