Comrade Appliances Ltd

Comrade Appliances Ltd

₹ 138 -3.50%
21 Feb 4:01 p.m.
About

incorporated in 2017, Comrade Appliances Limited is engaged in manufacturing Air Coolers and Electric Geysers.[1]

Key Points

Business Profile[1] The company manufactures consumer durable goods and assembles various products. They offer end-to-end product solutions to their customers.

  • Market Cap 104 Cr.
  • Current Price 138
  • High / Low 175 / 0.00
  • Stock P/E 63.4
  • Book Value
  • Dividend Yield 0.00 %
  • ROCE 19.2 %
  • ROE 24.8 %
  • Face Value 10.0

Pros

  • Debtor days have improved from 93.4 to 72.1 days.

Cons

  • Company has a low return on equity of 12.4% 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.

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Half Yearly Results

Figures in Rs. Crores

Sep 2023
9.94
12.34
Operating Profit -2.40
OPM % -24.14%
0.03
Interest 0.61
Depreciation 0.44
Profit before tax -3.42
Tax % 25.15%
-2.56
EPS in Rs -3.40
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023
21.62 25.96 29.54 26.94
20.33 24.05 26.62 22.45
Operating Profit 1.29 1.91 2.92 4.49
OPM % 5.97% 7.36% 9.88% 16.67%
0.00 0.03 0.07 0.03
Interest 0.36 1.13 1.42 1.42
Depreciation 0.42 0.53 1.25 0.88
Profit before tax 0.51 0.28 0.32 2.22
Tax % 17.65% 32.14% 46.88% 26.58%
0.42 0.20 0.16 1.64
EPS in Rs 1.26 0.60 0.31 3.12
Dividend Payout % 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 8%
TTM: -9%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 57%
TTM: 925%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: 12%
Last Year: 25%

Balance Sheet

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity Capital 3.32 3.32 5.17 5.25
Reserves -0.39 1.31 1.19 1.64
4.01 14.12 11.13 13.50
9.84 12.66 9.02 7.14
Total Liabilities 16.78 31.41 26.51 27.53
2.70 4.95 5.59 4.42
CWIP 0.00 0.00 0.00 0.00
Investments 0.00 0.00 0.00 0.00
14.08 26.46 20.92 23.11
Total Assets 16.78 31.41 26.51 27.53

Cash Flows

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023
1.45 -1.71 4.90 3.33
-1.16 -3.47 -0.38 -0.94
-0.24 5.49 -4.28 -2.05
Net Cash Flow 0.05 0.31 0.24 0.34

Ratios

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 88.13 124.43 83.65 72.08
Inventory Days 138.73 242.59 211.46 337.04
Days Payable 126.76 148.43 108.36 109.73
Cash Conversion Cycle 100.10 218.59 186.75 299.38
Working Capital Days 69.22 178.28 134.06 199.57
ROCE % 10.82% 9.60% 19.22%

Shareholding Pattern

Numbers in percentages

Sep 2023
69.74%
5.47%
24.78%
No. of Shareholders 209

* 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.

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