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Business Overview
Karamtara Engineering  is a backward-integrated manufacturer catering to the renewable energy and transmission line sectors. It stands as the largest and a leading producer of solar mounting structures and tracker components in India, measured by installed capacity. With a comprehensive and diverse product portfolio, the company serves as a one-stop solution for solar structures—offering both fixed-tilt and tracking systems. Its offerings extend to structures and fasteners for solar and transmission applications, as well as hardware fittings and accessories for overhead transmission lines (OHTLs). It is now entering the wind energy sector.
Karamtara Engineering IPO Size
Objects of Issue
- Funding prepayment, repayment and/ or payment obligations to our lenders towards borrowings and Acceptances, in part or full
- General corporate purposes.
Karamtara Engineering IPO Financial Performance
(Rs. in crores)
| Particulars | Sep-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Revenue from Operations | 1,413.10 | 2,425.15 | 1,600.31 | 1,244.81 |
| Profit after Tax | 58.99 | 102.65 | 42.36 | 12.65 |
| Net Worth | 588.46 | 552.92 | 450.20 | 408.85 |
| Total Borrowing | 538.53 | 508.51 | 327.36 | 427.58 |
| Total Assets | 2,191.44 | 1,844.56 | 1,536.90 | 1,544.05 |
| NAV per share (in ₹) | 2.09 | 1.96 | 1.60 | 1.45 |
| EPS - Basic (in ₹) | 0.21 | 0.36 | 0.15 | 0.05 |
Key Performance Indicators (KPIs)
EBITDA
10.84%
PAT
4.23%
ROE
20.45%
ROCE
24.15%
Net Debt to Equity
0.84
- All the data pertains to FY 2023-24.
Promoter Holding
Promoter
94.79%
Public
5.21%
Management
Registrar & Lead Managers
Registrar
MUFG Intime India
Lead Managers (3)
Company Details
Name: Karamtara Engineering Limited
Address: 705, Morya Landmark II, New Link Road, Andheri (West), Mumbai – 400 053, Maharashtra, India
Number: +91 22 4071 0000
Email: investors@karamtara.com
Website: www.karamtara.com
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