Skip to content
Comrade Appliances logo

Comrade Appliances

543921 BSE
₹39.73

Close ·

View as Markdown
MCP
Close 4 Nov 2026 ₹39.73 −47.92 −54.7% 1Y
Start ₹87.65

Key Fundamentals

SMEConsumer DurablesConsumer Discretionary

Price-based figures at the close · TTM

ROCE
−15.00%
Debt to Equity
2.89
EPS (TTM)
—
Book Value
₹16.94
Market Cap
—
P/E (TTM)
—
P/B
2.35
ROE
−52.80%
Dividend Yield
0.00%
EBITDA
−₹4.60 Cr
52W High
₹88.65
52W Low
₹20.54

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

Overall score

34 Poor

Data confidence 84/100

Category scores

Quality
47
Average
Returns, margins, earnings quality 22% weight
Valuation
24
Poor
Cheap vs sector & own history 24% weight
Growth
6
Poor
Sales & profit trajectory 9% weight
Financial Health
11
Poor
Solvency, leverage, coverage 9% weight
Momentum
46
Average
Trend strength, vol-adjusted 12% weight
Ownership
50
Average
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

No strengths listed

Weaknesses

4
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 3.01% over past five years.
  • Company has a low return on equity of -16.9% over last 3 years.
  • Company might be capitalizing the interest cost

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallStrong Bullish7111
OscillatorsStrong Bearish513
Moving AveragesStrong Bullish208

Key readings

RSI (14)
75.91
Bearish
MACD (12,26,9)
1.54
Bullish
SMA (50)
35.83
Bullish
SMA (200)
46.83
Bearish

As of

Growth Rate

From the financial statements below. 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025.

Revenue

Revenue growth by window
5Y+3.01%
3Y+3.85%
1Y−47.46%

Net profit

Net profit growth by window
5YTurned to loss
3YTurned to loss
1YTurned to loss

Operating cash flow

Operating cash flow growth by window
5YOutflow widened by ₹3.53 Cr
3YOutflow widened by ₹5.08 Cr
1YTurned negative

Operating margin· change in pp

Operating margin growth by window
5Y−17.56 pp
3Y−26.94 pp
1Y−19.34 pp

Trailing twelve months: Results are not reported for each of the last eight quarters, so there is no trailing-twelve-month figure.

Revenue by year

Revenue by year, ₹ crore
Mar 2018₹0.58 Cr
Mar 2020₹21.62 Cr
Mar 2021₹25.96 Cr
Mar 2022₹29.54 Cr
Mar 2023₹26.88 Cr
Mar 2024₹28.92 Cr
Mar 2025₹57.31 Cr
Mar 2026₹30.11 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2018₹0.02 Cr
Mar 2020₹0.42 Cr
Mar 2021₹0.20 Cr
Mar 2022₹0.16 Cr
Mar 2023₹1.64 Cr
Mar 2024₹0.53 Cr
Mar 2025₹0.53 Cr
Mar 2026−₹9.46 Cr

Half-yearly Results

₹ Cr
543921 half-yearly results, ₹ crore
Particulars Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026
Sales
9.94
19.05
16.81
40.5
14.85
15.26
Expenses
12.34
13.23
18.06
34.22
18
15.25
Operating Profit
−2.4
5.82
−1.25
6.28
−3.15
0.01
OPM %
−24.14%
30.55%
−7.44%
15.51%
−21.21%
0.07%
Other Income
0.03
0.08
0.07
0.03
0.04
0.03
Interest
0.61
0.98
0.86
1.08
1.52
0
Depreciation
0.44
0.65
0.86
1.74
2.25
2.3
PBT
−3.42
4.27
−2.9
3.49
−6.88
−2.26
Tax %
−25.15%
27.87%
−37.59%
32.95%
1.16%
10.18%
Net Profit
−2.56
3.08
−1.81
2.34
−6.97
−2.49
EPS (₹)
−3.4
4.09
−2.34
3.01
−8.96
−3.2

Profit & Loss

₹ Cr
543921 profit and loss, annual, ₹ crore
Particulars Mar 2018Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales
0.58
21.62
25.96
29.54
26.88
28.92
57.31
30.11
Expenses
0.49
20.33
24.05
26.62
22.38
25.42
52.07
33.18
Operating Profit
0.09
1.29
1.91
2.92
4.5
3.5
5.24
−3.07
OPM %
15.52%
5.97%
7.36%
9.88%
16.74%
12.1%
9.14%
−10.2%
Other Income
0.01
0
0.03
0.07
0.03
0.11
0.11
0.08
Interest
0.02
0.36
1.13
1.42
1.43
1.67
2.16
1.61
Depreciation
0.06
0.42
0.53
1.25
0.88
1.08
2.6
4.55
PBT
0.02
0.51
0.28
0.32
2.22
0.86
0.59
−9.15
Tax %
0%
17.65%
32.14%
46.88%
26.58%
38.37%
10.17%
3.39%
Net Profit
0.02
0.42
0.2
0.16
1.64
0.53
0.53
−9.46
EPS (₹)
0.11
1.26
0.6
0.31
3.12
0.7
0.68
−12.16
Div. Payout %
0%
0%
0%
0%
0%
0%
0%
0%

Balance Sheet

₹ Cr
543921 balance sheet, annual, ₹ crore
Particulars Mar 2018Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
1.85
3.32
3.32
5.17
5.25
7.53
7.78
7.78
Reserves
0.02
−0.39
1.31
1.19
1.64
9.4
14.86
5.4
Borrowings
1.47
4.01
14.12
11.13
13.5
13.93
26.85
38.13
Other Liabilities
0.53
9.84
12.66
9.02
7.14
9.06
23.96
13.38
Total Liabilities
3.87
16.78
31.41
26.51
27.53
39.92
73.45
64.69
Fixed Assets
1.89
2.7
4.95
5.59
4.42
6.03
23.76
23.81
CWIP
0
0
0
0
0
0
0
0
Investments
0
0
0
0
0
0
0
0
Other Assets
1.98
14.08
26.46
20.92
23.11
33.89
49.69
40.88
Total Assets
3.87
16.78
31.41
26.51
27.53
39.92
73.45
64.69

Cash Flow

₹ Cr
543921 cash flow, annual, ₹ crore
Particulars Mar 2018Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
−0.53
1.45
−1.71
4.9
−0.16
−5.99
4.57
−5.24
Investing
−2
−1.16
−3.47
−0.38
−0.94
−2.63
−20.29
−4.53
Financing
2.57
−0.24
5.49
−4.28
1.44
8.7
16.16
9.86
Net Cash Flow
0.03
0.05
0.31
0.24
0.34
0.08
0.44
0.1
Free Cash Flow
−2.47
0.29
−5.18
4.52
−1.12
−8.69
−15.77
−9.84
CFO/EBITDA
−589
118
−85
173
9
−171
91
171

Ratios

543921 financial ratios, annual
Particulars Mar 2018Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
145
88.13
124
83.65
72.24
104
0
0
Inventory Days
677
139
243
211
337
352
253
396
Days Payable
445
127
148
108
110
140
192
197
Cash Conversion Cycle
376
100
219
187
300
316
60.44
200
Working Capital Days
403
37.65
69.74
45.1
46.85
148
−19.74
−75.52
ROCE %
—
—
10.82%
9.6%
19.27%
9.87%
6.85%
−14.96%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Comrade Appliances insights

55 extracted metrics across FY18–FY26.

Shareholding Pattern

As of Sep 2026

  • Promoters 70.05%
  • Public 19.17%
  • Others 5.49%
  • FIIs 5.30%

No promoter shares pledged as of 14 Oct 2026

Change vs previous quarter

Documents

Frequently Asked Questions about Comrade Appliances

What does Comrade Appliances Ltd do?
Incorporated in 2017, Comrade Appliances Ltd is in the business of manufacturing Electrical Machinery and Apparatus
Where is Comrade Appliances Ltd (COMRADE) listed?
Comrade Appliances Ltd trades under code 543921 on the BSE.
Which sector does Comrade Appliances Ltd belong to?
Comrade Appliances Ltd is classified under the Consumer Goods sector, in the Electronics industry.
What is the 52-week high and low of Comrade Appliances Ltd?
Over the last 52 weeks Comrade Appliances Ltd has traded between ₹20.54 and ₹88.65 as of 4 Nov 2026.
What is the Return on Equity (ROE) of Comrade Appliances Ltd?
Comrade Appliances Ltd reported a return on equity of -52.80%. Its debt-to-equity ratio is 2.89.

Company Information

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

Website comrade.net.in
Listed 13 Jun 2023
Face Value ₹10

For AI agents and developers

Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/543921.md for Comrade Appliances Ltd: dated key facts, then this page's sections in order: latest price, key fundamentals, peer comparison, the Tapetide Score, technical indicators, analyst ratings, growth rates, analyst forecasts, the AI analysis and news digest (labelled as AI-generated), financial statements, shareholding pattern, documents and the FAQ.

Append .md to any Tapetide URL for the same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For live, structured queries instead of documents, use our Indian stock market MCP server.

Explore More

More Consumer Durables stocks → FII DII DataStock ScreenerNifty 50 HeatmapF&O Ban ListFII and DII flows, month by monthHow Tapetide Scores changed, month by monthStocks mutual funds are buying, month by month