Ind Renewable Energy Ltd vs Karma Energy Ltd Stock Comparison

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Last Updated on: Mar 19, 2026

Key Highlights

The Latest Trading Price of IND Renewable Energy Ltd is ₹ 10.35 as of 19 Mar 16:01 . The P/E Ratio of IND Renewable Energy Ltd is 0 as of March 2021 .The P/E Ratio of Karma Energy Ltd is 0 as of March 2021 . The Market Cap of IND Renewable Energy Ltd is ₹ 0 crore as of March 2021 .The Market Cap of Karma Energy Ltd is ₹ 15.97 crore as of March 2021 . The revenue of IND Renewable Energy Ltd for the Dec '25 is ₹ 0 crore as compare to the Sep '25 revenue of ₹ 0 crore. This represent the decline of 0% The revenue of Karma Energy Ltd for the Dec '25 is ₹ 1.53 crore as compare to the Sep '25 revenue of ₹ 5 crore. This represent the decline of -69.4% The ebitda of IND Renewable Energy Ltd for the Dec '25 is ₹ 0 crore as compare to the Sep '25 ebitda of ₹ -0.15 crore. This represent the decline of -100% The ebitda of Karma Energy Ltd for the Dec '25 is ₹ -1.6 crore as compare to the Sep '25 ebitda of ₹ 1.97 crore. This represent the decline of -181% The net profit of IND Renewable Energy Ltd changed from ₹ -0.05 crore to ₹ 0 crore over 7 quarters. This represents a CAGR of -100.00% The net profit of Karma Energy Ltd changed from ₹ 0.93 crore to ₹ 0.22 crore over 7 quarters. This represents a CAGR of -56.12% The Dividend Payout of IND Renewable Energy Ltd changed from 0 % on March 2021 to 0 % on March 2025 . This represents a CAGR of 0.0% over 5 yearsThe Dividend Payout of Karma Energy Ltd changed from 0 % on March 2021 to 0 % on March 2025 . This represents a CAGR of 0.0% over 5 years .

About IND Renewable Energy Ltd

IND Renewable Energy Limited (Formerly Known as Vakharia Power infrastructure Limited), was incorporated on September 9, 2011 as wholly owned subsidiary of Everlon Synthetics Limited.
The Company changed its name from 'Vakharia Power Infrastructure Limited' to 'IND Renewable Energy Limited' on March 9, 2016.
The Company is engaged primarily in the business of Roof Top Solar Plant. The Company approved a Scheme of Arrangement/Demerger of Investment Business of Everlon Synthetics Ltd (ESL) into Vakharia Power Infrastructure Ltd., (VPIL) in 2012-13.
The Company allotted 30273600 Equity Shares of Rs. 1/- each on November 23, 2012 and as such the Company ceased to be an subsidiary of Everlon Synthetics Ltd. Presently, the Company is holding the investments and other assets and liabilities of the Investment Business Undertaking transferred to it under the Scheme of Arrangement.

About Karma Energy Ltd

Karma Energy Limited was incorporated on March 15, 2007 as a private limited company with the name Karma Wind Power Pvt Ltd. On March 12, 2010, the company was converted into a public limited company and the name was changed to Karma Wind Power Limited.
Post the amalgamation, the name of the Company was further changed from Karma Wind Power Ltd to Karma Energy Ltd effective on December 29, 2010. The Company is a part of the Weizmann Group with business interests in Textile Processing and Exports and FinTech.
As part of its commitment to sustainable business growth, the Group ventured into the Renewable Energy sector by developing wind farms and small hydro power projects.
The Group undertook the manufacture of Wind Electric Generators through a joint venture collaboration. Presently, the Company is engaged in generation of power from renewable energy sources like Wind.

FAQs for the comparison of IND Renewable Energy Ltd and Karma Energy Ltd

Which company has a larger market capitalization, IND Renewable Energy Ltd or Karma Energy Ltd?

Market cap of IND Renewable Energy Ltd is 13 Cr while Market cap of Karma Energy Ltd is 55 Cr

What are the key factors driving the stock performance of IND Renewable Energy Ltd and Karma Energy Ltd?

The stock performance of IND Renewable Energy Ltd and Karma Energy Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for IND Renewable Energy Ltd and Karma Energy Ltd?

As of March 19, 2026, the IND Renewable Energy Ltd stock price is INR ₹9.93. On the other hand, Karma Energy Ltd stock price is INR ₹47.84.

How do dividend payouts of IND Renewable Energy Ltd and Karma Energy Ltd compare?

To compare the dividend payouts of IND Renewable Energy Ltd and Karma Energy Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.

Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.