Comrade Appliances Ltd

Comrade Appliances Ltd

₹ 101 5.00%
02 Jul - close price
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 75.9 Cr.
  • Current Price 101
  • High / Low 175 / 0.00
  • Stock P/E 143
  • Book Value 22.5
  • Dividend Yield 0.00 %
  • ROCE 12.0 %
  • ROE 7.69 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 4.48 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 12.3% 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 Mar 2024
9.94 19.05
12.34 13.23
Operating Profit -2.40 5.82
OPM % -24.14% 30.55%
0.03 0.08
Interest 0.61 0.98
Depreciation 0.44 0.65
Profit before tax -3.42 4.27
Tax % 25.15% 27.87%
-2.56 3.08
EPS in Rs -3.40 4.09
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2018 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0.58 21.62 25.96 29.54 26.94 28.99
0.49 20.33 24.05 26.62 22.45 25.57
Operating Profit 0.09 1.29 1.91 2.92 4.49 3.42
OPM % 15.52% 5.97% 7.36% 9.88% 16.67% 11.80%
0.01 -0.00 0.03 0.07 0.03 0.11
Interest 0.02 0.36 1.13 1.42 1.42 1.59
Depreciation 0.06 0.42 0.53 1.25 0.88 1.08
Profit before tax 0.02 0.51 0.28 0.32 2.22 0.86
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
EPS in Rs 0.11 1.26 0.60 0.31 3.12 0.70
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: -7%
Return on Equity
10 Years: %
5 Years: %
3 Years: 12%
Last Year: 8%

Balance Sheet

Figures in Rs. Crores

Mar 2018 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 1.85 3.32 3.32 5.17 5.25 7.53
Reserves 0.02 -0.39 1.31 1.19 1.64 9.40
1.47 4.01 14.12 11.13 13.50 13.93
0.53 9.84 12.66 9.02 7.14 9.05
Total Liabilities 3.87 16.78 31.41 26.51 27.53 39.91
1.89 2.70 4.95 5.59 4.42 6.03
CWIP -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
1.98 14.08 26.46 20.92 23.11 33.88
Total Assets 3.87 16.78 31.41 26.51 27.53 39.91

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 3.33 -5.99
-2.00 -1.16 -3.47 -0.38 -0.94 -2.63
2.57 -0.24 5.49 -4.28 -2.05 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 72.08
Inventory Days 676.59 138.73 242.59 211.46 337.04
Days Payable 445.12 126.76 148.43 108.36 109.73
Cash Conversion Cycle 376.20 100.10 218.59 186.75 299.38
Working Capital Days 855.86 69.22 178.28 134.06 199.57
ROCE % 10.82% 9.60% 19.22%

Shareholding Pattern

Numbers in percentages

Sep 2023Mar 2024
69.74% 69.74%
5.47% 5.47%
24.78% 24.78%
No. of Shareholders 209236

* 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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