Comrade Appliances Ltd

Comrade Applian. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Comrade Appliances Ltd

₹ 119 -6.52%
11 Dec 4:00 p.m.
comrade.net.in BSE - SME: 543921
About

Incorporated in 2017, Comrade Appliances
Ltd is in the business of manufacturing
Electrical Machinery and Apparatus[1]

Key Points

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.

Website BSE
  • Market Cap ₹ 88.8 Cr.
  • Current Price ₹ 119
  • High / Low ₹ 151 / 67.5
  • Stock P/E 70.0
  • Book Value ₹ 26.4
  • Dividend Yield 0.00 %
  • ROCE 9.87 %
  • ROE 4.45 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Promoter holding has increased by 0.79% over last quarter.

Cons

  • Stock is trading at 4.50 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • Company has a low return on equity of 9.70% over last 3 years.
  • Working capital days have increased from 211 days to 300 days

* 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

Sector: Consumer Durables Industry: Electronics - Components

Edit Columns
Loading peers table ...

Half Yearly Results

Figures in Rs. Crores

Sep 2023 Mar 2024 Sep 2024
9.94 19.05 16.81
12.34 13.23 18.06
Operating Profit -2.40 5.82 -1.25
OPM % -24.14% 30.55% -7.44%
0.03 0.08 0.07
Interest 0.61 0.98 0.86
Depreciation 0.44 0.65 0.86
Profit before tax -3.42 4.27 -2.90
Tax % -25.15% 27.87% -37.59%
-2.56 3.08 -1.81
EPS in Rs -3.40 4.09 -2.40
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2018 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
0.58 21.62 25.96 29.54 26.88 28.99 35.86
0.49 20.33 24.05 26.62 22.38 25.49 31.29
Operating Profit 0.09 1.29 1.91 2.92 4.50 3.50 4.57
OPM % 15.52% 5.97% 7.36% 9.88% 16.74% 12.07% 12.74%
0.01 0.00 0.03 0.07 0.03 0.11 0.15
Interest 0.02 0.36 1.13 1.42 1.43 1.67 1.84
Depreciation 0.06 0.42 0.53 1.25 0.88 1.08 1.51
Profit before tax 0.02 0.51 0.28 0.32 2.22 0.86 1.37
Tax % 0.00% 17.65% 32.14% 46.88% 26.58% 38.37%
0.02 0.42 0.20 0.16 1.64 0.53 1.27
EPS in Rs 0.11 1.26 0.60 0.31 3.12 0.70 1.69
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 4%
TTM: 8%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 43%
TTM: -68%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: -17%
Return on Equity
10 Years: %
5 Years: %
3 Years: 10%
Last Year: 4%

Balance Sheet

Figures in Rs. Crores

Mar 2018 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 1.85 3.32 3.32 5.17 5.25 7.53 7.73
Reserves 0.02 -0.39 1.31 1.19 1.64 9.40 12.16
1.47 4.01 14.12 11.13 13.50 13.93 19.04
0.53 9.84 12.66 9.02 7.14 9.06 7.33
Total Liabilities 3.87 16.78 31.41 26.51 27.53 39.92 46.26
1.89 2.70 4.95 5.59 4.42 6.03 11.08
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 35.18
Total Assets 3.87 16.78 31.41 26.51 27.53 39.92 46.26

Cash Flows

Figures in Rs. Crores

Mar 2018 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-0.53 1.45 -1.71 4.90 -0.16 -5.99
-2.00 -1.16 -3.47 -0.38 -0.94 -2.63
2.57 -0.24 5.49 -4.28 1.44 8.70
Net Cash Flow 0.03 0.05 0.31 0.24 0.34 0.08

Ratios

Figures in Rs. Crores

Mar 2018 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 144.74 88.13 124.43 83.65 72.24 103.87
Inventory Days 676.59 138.73 242.59 211.46 337.04 351.56
Days Payable 445.12 126.76 148.43 108.36 109.73 139.70
Cash Conversion Cycle 376.20 100.10 218.59 186.75 299.54 315.73
Working Capital Days 855.86 69.22 178.28 134.06 199.88 300.03
ROCE % 10.82% 9.60% 19.27% 9.87%

Shareholding Pattern

Numbers in percentages

1 Recently
Sep 2023Mar 2024Sep 2024
69.74% 69.74% 70.52%
5.47% 5.47% 5.33%
24.78% 24.78% 24.15%
No. of Shareholders 209236372

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports