Comrade Appliances Ltd
Incorporated in 2017, Comrade Appliances
Ltd is in the business of manufacturing
Electrical Machinery and Apparatus[1]
- Market Cap ₹ 75.3 Cr.
- Current Price ₹ 97.5
- High / Low ₹ 174 / 69.0
- Stock P/E 142
- Book Value ₹ 29.3
- Dividend Yield 0.00 %
- ROCE 6.85 %
- ROE 2.68 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 3.33 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -0.48%
- Company has a low return on equity of 7.05% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Consumer Durables Consumer Durables Consumer Electronics
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
0.58 | 21.62 | 25.96 | 29.54 | 26.88 | 28.92 | 57.31 | |
0.49 | 20.33 | 24.05 | 26.62 | 22.38 | 25.42 | 52.07 | |
Operating Profit | 0.09 | 1.29 | 1.91 | 2.92 | 4.50 | 3.50 | 5.24 |
OPM % | 15.52% | 5.97% | 7.36% | 9.88% | 16.74% | 12.10% | 9.14% |
0.01 | 0.00 | 0.03 | 0.07 | 0.03 | 0.11 | 0.11 | |
Interest | 0.02 | 0.36 | 1.13 | 1.42 | 1.43 | 1.67 | 2.16 |
Depreciation | 0.06 | 0.42 | 0.53 | 1.25 | 0.88 | 1.08 | 2.60 |
Profit before tax | 0.02 | 0.51 | 0.28 | 0.32 | 2.22 | 0.86 | 0.59 |
Tax % | 0.00% | 17.65% | 32.14% | 46.88% | 26.58% | 38.37% | 10.17% |
0.02 | 0.42 | 0.20 | 0.16 | 1.64 | 0.53 | 0.53 | |
EPS in Rs | 0.11 | 1.26 | 0.60 | 0.31 | 3.12 | 0.70 | 0.69 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 22% |
3 Years: | 25% |
TTM: | 98% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 5% |
3 Years: | 49% |
TTM: | 0% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 2% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 6% |
3 Years: | 7% |
Last Year: | 3% |
Balance Sheet
Figures in Rs. Crores
Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
Equity Capital | 1.85 | 3.32 | 3.32 | 5.17 | 5.25 | 7.53 | 7.78 |
Reserves | 0.02 | -0.39 | 1.31 | 1.19 | 1.64 | 9.40 | 14.86 |
1.47 | 4.01 | 14.12 | 11.13 | 13.50 | 13.93 | 26.85 | |
0.53 | 9.84 | 12.66 | 9.02 | 7.14 | 9.06 | 23.96 | |
Total Liabilities | 3.87 | 16.78 | 31.41 | 26.51 | 27.53 | 39.92 | 73.45 |
1.89 | 2.70 | 4.95 | 5.59 | 4.42 | 6.03 | 23.76 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
1.98 | 14.08 | 26.46 | 20.92 | 23.11 | 33.89 | 49.69 | |
Total Assets | 3.87 | 16.78 | 31.41 | 26.51 | 27.53 | 39.92 | 73.45 |
Cash Flows
Figures in Rs. Crores
Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
-0.53 | 1.45 | -1.71 | 4.90 | -0.16 | -5.99 | 4.56 | |
-2.00 | -1.16 | -3.47 | -0.38 | -0.94 | -2.63 | -20.29 | |
2.57 | -0.24 | 5.49 | -4.28 | 1.44 | 8.70 | 13.71 | |
Net Cash Flow | 0.03 | 0.05 | 0.31 | 0.24 | 0.34 | 0.08 | -2.02 |
Ratios
Figures in Rs. Crores
Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
Debtor Days | 144.74 | 88.13 | 124.43 | 83.65 | 72.24 | 104.12 | 75.41 |
Inventory Days | 676.59 | 138.73 | 242.59 | 211.46 | 337.04 | 351.56 | 230.83 |
Days Payable | 445.12 | 126.76 | 148.43 | 108.36 | 109.73 | 139.70 | 175.58 |
Cash Conversion Cycle | 376.20 | 100.10 | 218.59 | 186.75 | 299.54 | 315.98 | 130.66 |
Working Capital Days | 855.86 | 69.22 | 178.28 | 134.06 | 199.88 | 300.76 | 152.60 |
ROCE % | 10.82% | 9.60% | 19.27% | 9.87% | 6.85% |
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
15 Jul - Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended June 30, 2025.
-
Revised Audited Financial Results For FY 2024-25
28 May - Audited FY25 results approved; profit Rs 53.06L; significant capex; clean audit opinion; no exceptional items.
-
Outcome Of Board Meeting And Submission Of Audited Financial Results For The Half Year And Year Ended March 31, 2025
26 May - Audited financial results FY25 approved; revenue 5731.42L, profit 53.06L, assets 7345.23L, unmodified audit opinion.
-
Board Meeting Outcome for Outcome Of Board Meeting And Submission Of Audited Financial Results For The Half Year And Year Ended March 31, 2025
26 May - Audited FY25 results: revenue 5731.42L, profit 53.06L, significant asset growth, unmodified audit opinion.
-
Board Meeting Intimation for Board Meeting Intimation For Approval Of Audited Financial Results For The Half Year And Financial Year Ended March 31, 2025
21 May - Board meeting on May 26 to approve FY25 audited results; trading window closed till May 29.
Business Overview:[1]
CAL is in the business of manufacturing Air Coolers and Electric Geysers. Company has 4 departments:
a) Production Department
b) Moulding Department
c) Administration Department
d) Logistics Department.