COMRADE
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Revenue Mix
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Forensics
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India's Comrade Appliances rises on order from Reliance Retail
** Shares of Comrade Appliances COMR.BO rise 5.5% to 132 rupees
** Home appliances maker wins order from the retail arm of Reliance Industries RELI.NS
** Order for air coolers worth 148.9 million rupees ($1.8 million)
** More than 50,000 shares traded, 3x their 30-day avg
** Stock largely flat in 2024, but up around 51% since listing in June 2023
($1 = 85.2650 Indian rupees)
(Reporting by Nishit Navin)
** Shares of Comrade Appliances COMR.BO rise 5.5% to 132 rupees
** Home appliances maker wins order from the retail arm of Reliance Industries RELI.NS
** Order for air coolers worth 148.9 million rupees ($1.8 million)
** More than 50,000 shares traded, 3x their 30-day avg
** Stock largely flat in 2024, but up around 51% since listing in June 2023
($1 = 85.2650 Indian rupees)
(Reporting by Nishit Navin)
Comrade Appliances Gets Air Cooler Order From Reliance Retail Worth 148.9 Million Rupees
Dec 25 (Reuters) - Comrade Appliances Ltd COMR.BO:
RECEIVES AIR COOLER ORDER FROM RELIANCE RETAIL WORTH 148.9 MILLION RUPEES
Source text: ID:nBSE7M9pwl
Further company coverage: COMR.BO
Dec 25 (Reuters) - Comrade Appliances Ltd COMR.BO:
RECEIVES AIR COOLER ORDER FROM RELIANCE RETAIL WORTH 148.9 MILLION RUPEES
Source text: ID:nBSE7M9pwl
Further company coverage: COMR.BO
Comrade Appliances Gets Air Cooler Order Worth 52.6 Million Rupees
Dec 13 (Reuters) - Comrade Appliances Ltd COMR.BO:
COMRADE APPLIANCES LTD - RECEIVES AIR COOLER ORDER WORTH 52.6 MILLION RUPEES
Source text: ID:nBSE28gQ0T
Further company coverage: COMR.BO
Dec 13 (Reuters) - Comrade Appliances Ltd COMR.BO:
COMRADE APPLIANCES LTD - RECEIVES AIR COOLER ORDER WORTH 52.6 MILLION RUPEES
Source text: ID:nBSE28gQ0T
Further company coverage: COMR.BO
Comrade Appliances Gets Order Worth More Than 125 Mln Rupees
Dec 9 (Reuters) - Comrade Appliances Ltd COMR.BO:
GOT ORDER WORTH MORE THAN 125 MILLION RUPEES
Source text: ID:nBSE4ZvFrc
Further company coverage: COMR.BO
Dec 9 (Reuters) - Comrade Appliances Ltd COMR.BO:
GOT ORDER WORTH MORE THAN 125 MILLION RUPEES
Source text: ID:nBSE4ZvFrc
Further company coverage: COMR.BO
Comrade Appliances Commences Setup Of Second Manufacturing Unit In Palghar
Oct 9 (Reuters) - Comrade Appliances Ltd COMR.BO:
COMMENCED SETUP OF A SECOND MANUFACTURING UNIT IN PALGHAR
NEW UNIT IS BEING ESTABLISHED TO MEET DEMAND FOR AIR COOLERS
FACILITY EXPECTED TO BE OPERATIONAL BY MID OF NOV 2024
Source text for Eikon: ID:nBSE8hKrC9
Further company coverage: COMR.BO
Oct 9 (Reuters) - Comrade Appliances Ltd COMR.BO:
COMMENCED SETUP OF A SECOND MANUFACTURING UNIT IN PALGHAR
NEW UNIT IS BEING ESTABLISHED TO MEET DEMAND FOR AIR COOLERS
FACILITY EXPECTED TO BE OPERATIONAL BY MID OF NOV 2024
Source text for Eikon: ID:nBSE8hKrC9
Further company coverage: COMR.BO
Comrade Appliances Ltd- Granted Approval For Raising Of Funds Upto 150 Million Rupees
Comrade Appliances Ltd COMR.BO:
COMRADE APPLIANCES LTD- GRANTED APPROVAL FOR RAISING OF FUNDS UPTO 150 MILLION RUPEES
Source text for Eikon: ID:nBSEcfcZmS
Further company coverage: COMR.BO
Comrade Appliances Ltd COMR.BO:
COMRADE APPLIANCES LTD- GRANTED APPROVAL FOR RAISING OF FUNDS UPTO 150 MILLION RUPEES
Source text for Eikon: ID:nBSEcfcZmS
Further company coverage: COMR.BO
Comrade Appliances To Consider And Approve Proposal For Raising Funds
Dec 13 (Reuters) - Comrade Appliances Ltd COMR.BO:
TO CONSIDER AND APPROVE PROPOSAL FOR RAISING FUNDS
Source text for Eikon: ID:nBSE67csTX
Further company coverage: COMR.BO
Dec 13 (Reuters) - Comrade Appliances Ltd COMR.BO:
TO CONSIDER AND APPROVE PROPOSAL FOR RAISING FUNDS
Source text for Eikon: ID:nBSE67csTX
Further company coverage: COMR.BO
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What does Comrade Appliances do?
Comrade Appliances Limited specializes in manufacturing Air Coolers and Electric Geysers. The company provides end-to-end product solutions under OEM and ODM business models, serving leading consumer brands.
Who are the competitors of Comrade Appliances?
Comrade Appliances major competitors are Gorani Industries, Five Core Electronic, Powerful Tech., Greenchef Appliances, Sonam, Singer India, ButterflyGandhimathi. Market Cap of Comrade Appliances is ₹27 Crs. While the median market cap of its peers are ₹115 Crs.
Is Comrade Appliances financially stable compared to its competitors?
Comrade Appliances seems to be less financially stable compared to its competitors. Altman Z score of Comrade Appliances is 1.6 and is ranked 6 out of its 8 competitors.
Does Comrade Appliances pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Comrade Appliances latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Comrade Appliances allocated its funds?
Companies resources are allocated to majorly productive assets like Plant & Machinery
How strong is Comrade Appliances balance sheet?
Comrade Appliances balance sheet is weak and might have solvency issues
Is the profitablity of Comrade Appliances improving?
The profit is oscillating. The profit of Comrade Appliances is -₹4.63 Crs for TTM, ₹0.53 Crs for Mar 2025 and ₹0.53 Crs for Mar 2024.
Is the debt of Comrade Appliances increasing or decreasing?
Yes, The net debt of Comrade Appliances is increasing. Latest net debt of Comrade Appliances is ₹31.25 Crs as of Sep-25. This is greater than Mar-25 when it was ₹24.6 Crs.
Is Comrade Appliances stock expensive?
Comrade Appliances is not expensive. Latest PE of Comrade Appliances is 49.11, while 3 year average PE is 109. Also latest EV/EBITDA of Comrade Appliances is 0 while 3yr average is 25.7.
Has the share price of Comrade Appliances grown faster than its competition?
Comrade Appliances has given lower returns compared to its competitors. Comrade Appliances has grown at ~-41.04% over the last 2yrs while peers have grown at a median rate of -8.87%
Is the promoter bullish about Comrade Appliances?
Promoters seem to be bullish about the company. Latest quarter promoter holding is 70.05% and last quarter promoter holding is 69.85%.
Are mutual funds buying/selling Comrade Appliances?
There is Insufficient data to gauge this.