Cash flow Comrade Appliances Limited

Stocks

543921

INE0NXA01015

Electrical Components & Equipment

Market Closed - Bombay S.E. 06:02:33 2026-10-01 EDT			5-day change	1st Jan Change
28.80 ^INR	-4.98%		-14.03%	-51.46%

06-28	1,505,759 Equity Shares of Comrade Appliances Limited are subject to a Lock-Up Agreement Ending on 29-JUN-2026.	CI
05-29	Comrade Appliances Limited Reports Earnings Results for the Full Year Ended March 31, 2026	CI

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Published financial data: COMRADE APPLIANCES LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Revenues	296M	270M	290M	573M	301M
Total Revenues	296M	270M	290M	573M	301M
Cost of Goods Sold, Total	215M	173M	198M	457M	218M
Gross Profit	81.12M	97.08M	91.55M	117M	83.45M
Selling General & Admin Expenses, Total	34.81M	37.02M	40.36M	40.25M	37.78M
Depreciation & Amortization - (IS)	9.95M	8.85M	10.84M	25.97M	45.5M
Other Operating Expenses	16.82M	15.12M	16.96M	26.08M	92.34M
Other Operating Expenses, Total	61.58M	60.99M	68.15M	92.3M	176M
Operating Income	19.53M	36.09M	23.4M	24.34M	-92.16M
Interest Expense, Total	-13.97M	-11.66M	-12.29M	-19.32M	-
Interest And Investment Income	185K	200K	703K	500K	697K
Net Interest Expenses	-13.78M	-11.46M	-11.59M	-18.82M	697K
Currency Exchange Gains (Loss)	-	-	-	-	-
Other Non Operating Income (Expenses)	-317K	-2.43M	-3.28M	450K	-
EBT, Excl. Unusual Items	5.43M	22.2M	8.52M	5.96M	-91.47M
Gain (Loss) On Sale Of Assets	-	-	-	-	-
EBT, Incl. Unusual Items	5.43M	22.2M	8.52M	5.96M	-91.47M
Income Tax Expense	1.56M	5.84M	3.27M	656K	3.11M
Earnings From Continuing Operations	3.88M	16.36M	5.25M	5.31M	-94.58M
Net Income to Company	3.88M	16.36M	5.25M	5.31M	-94.58M
Net Income - (IS)	3.88M	16.36M	5.25M	5.31M	-94.58M
Net Income to Common Incl Extra Items	3.88M	16.36M	5.25M	5.31M	-94.58M
Net Income to Common Excl. Extra Items	3.88M	16.36M	5.25M	5.31M	-94.58M
Per Share Items
Net EPS - Basic	0.99	3.15	0.74	0.69	-12.16
Basic EPS - Continuing Operations	0.99	3.15	0.74	0.69	-12.16
Basic Weighted Average Shares Outstanding	3.93M	5.19M	7.11M	7.71M	7.78M
Net EPS - Diluted	0.99	3.15	0.74	0.69	-12.16
Diluted EPS - Continuing Operations	0.99	3.15	0.74	0.69	-12.16
Diluted Weighted Average Shares Outstanding	3.93M	5.19M	7.11M	7.71M	7.78M
Normalized Basic EPS	0.86	2.67	0.75	0.48	-7.35
Normalized Diluted EPS	0.86	2.67	0.75	0.48	-7.35
Supplemental Items
EBITDA	29.38M	44.74M	34.05M	49.96M	-47.06M
EBITA	19.53M	36.09M	23.4M	24.34M	-92.16M
EBIT	19.53M	36.09M	23.4M	24.34M	-92.16M
EBITDAR	43.57M	59.21M	48.88M	61.5M	-28.32M
Total Revenues (As Reported)	297M	270M	291M	574M	302M
Effective Tax Rate - (Ratio)	28.63	26.33	38.36	11	-3.4
Current Domestic Taxes	1.53M	5.69M	-	2.04M	-
Total Current Taxes	1.53M	5.69M	-	2.04M	-
Deferred Domestic Taxes	29K	155K	3.27M	-1.39M	3.11M
Total Deferred Taxes	29K	155K	3.27M	-1.39M	3.11M
Normalized Net Income	3.4M	13.88M	5.32M	3.73M	-57.17M
Interest Capitalized	-	-	-	-	-
Non-Cash Pension Expense	83K	-56K	-179K	-129K	-
Supplemental Operating Expense Items
Advertising Expense	-	179K	-	-	-
Selling and Marketing Expenses	-	179K	-	-	-
Net Rental Expense, Total	14.19M	14.47M	14.84M	11.55M	18.74M
Imputed Operating Lease Interest Expense	12.55M	10.95M	10.64M	8.76M	-
Imputed Operating Lease Depreciation	1.63M	3.52M	4.2M	2.79M	-
Maintenance & Repair Expenses, Total	455K	256K	-	-	-

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Assets
Cash And Equivalents	2.53M	5.96M	6.79M	11.21M	12.18M
Total Cash And Short Term Investments	2.53M	5.96M	6.79M	11.21M	12.18M
Accounts Receivable, Total	67.67M	53.17M	82.55M	118M	-
Notes Receivable	150K	140K	665K	236K	-
Total Receivables	67.82M	53.31M	83.21M	119M	-
Inventory	125M	159M	191M	289M	236M
Prepaid Expenses	265K	1.09M	746K	1.47M	-
Other Current Assets, Total	6.12M	3.68M	48.95M	66.46M	48.89M
Total Current Assets	201M	223M	331M	486M	297M
Gross Property Plant And Equipment	67.29M	76.74M	104M	307M	283M
Accumulated Depreciation	-24.17M	-32.82M	-43.47M	-69.23M	-45.1M
Net Property Plant And Equipment	43.12M	43.92M	60.16M	237M	237M
Other Intangibles, Total	306K	236K	143K	215K	582K
Accounts Receivable Long-Term	-	-	-	-	87.44M
Loans Receivable Long-Term	500K	500K	500K	500K	-
Other Long-Term Assets, Total	7.56M	7.54M	7.62M	9.96M	24.01M
Total Assets	253M	275M	399M	735M	647M
Liabilities
Accounts Payable, Total	63.83M	51.78M	75.9M	220M	117M
Accrued Expenses, Total	9.16M	4.24M	4.09M	3.77M	-
Short-term Borrowings	54.83M	89.97M	110M	151M	219M
Current Portion of Long-Term Debt	17.13M	16.83M	11.74M	-	-
Current Income Taxes Payable	1.53M	5.69M	-	2.04M	-
Other Current Liabilities	15.59M	8.13M	5.62M	10.23M	11.15M
Total Current Liabilities	162M	177M	207M	387M	347M
Long-Term Debt	39.42M	28.26M	18.02M	117M	162M
Pension & Other Post Retirement Benefits	869K	1.17M	1.38M	1.87M	-
Deferred Tax Liability Non Current	142K	297K	3.56M	2.18M	5.29M
Other Non Current Liabilities	-1K	-	-	-	-
Total Liabilities	202M	206M	230M	508M	515M
Common Stock, Total	51.73M	52.51M	75.29M	77.79M	77.79M
Additional Paid In Capital	3.7M	5.26M	77.59M	102M	102M
Retained Earnings	-5.18M	11.17M	16.43M	21.73M	-48.32M
Comprehensive Income and Other	-	-	-	24.52M	-
Total Common Equity	50.24M	68.94M	169M	226M	132M
Total Equity	50.24M	68.94M	169M	226M	132M
Total Liabilities And Equity	253M	275M	399M	735M	647M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	5.25M	5.25M	7.53M	7.78M	7.78M
ECS Total Common Shares Outstanding	5.17M	5.25M	7.53M	7.78M	7.78M
Book Value / Share	9.71	13.13	22.49	29.1	16.94
Tangible Book Value	49.94M	68.7M	169M	226M	131M
Tangible Book Value Per Share	9.65	13.08	22.47	29.08	16.87
Total Debt	111M	135M	139M	268M	381M
Net Debt	109M	129M	132M	257M	369M
Debt Equivalent of Unfunded Proj. Benefit Obligation	872K	1.19M	237K	438K	-
Debt Equivalent Oper. Leases	113M	116M	119M	92.39M	150M
Account Code - Inventory Valuation	5	5	6	6	3
Inventories - Raw Materials, Total	97.53M	128M	139M	212M	157M
Inventories - Finished Goods, Total	26.98M	30.96M	52.43M	77.13M	79.16M
Machinery, Total	67.29M	76.74M	104M	307M	283M
Full Time Employees	-	-	76	-	110

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Net Income	3.88M	16.36M	5.25M	5.31M	-94.58M
Depreciation & Amortization - CF	9.85M	8.65M	10.65M	25.62M	45.1M
Depreciation & Amortization, Total	9.85M	8.65M	10.65M	25.62M	45.1M
Amortization of Deferred Charges, Total - (CF)	105K	194K	184K	355K	393K
(Gain) Loss From Sale Of Asset	-	-	-	-	-
Other Operating Activities, Total	17.97M	11.93M	15.1M	17.87M	16.67M
Change In Accounts Receivable	20.81M	14.5M	-29.37M	-35.82M	28.76M
Change In Inventories	17.2M	-34.58M	-31.92M	-97.71M	52.4M
Change In Accounts Payable	-22.88M	-12.04M	24.12M	144M	-102M
Change in Other Net Operating Assets	-2.16M	28.25M	-53.93M	-13.76M	1.13M
Cash from Operations	44.78M	33.27M	-59.92M	45.58M	-52.39M
Capital Expenditure	-3.84M	-9.58M	-26.98M	-203M	-45.97M
Sale of Property, Plant, and Equipment	-	-	-	-	-
Other Investing Activities, Total	185K	200K	704K	500K	697K
Cash from Investing	-3.66M	-9.38M	-26.27M	-203M	-45.27M
Short Term Debt Issued, Total	-	-	8.52M	29.86M	67.84M
Long-Term Debt Issued, Total	-	-	-	99.3M	45.04M
Total Debt Issued	-	-	8.52M	129M	113M
Long-Term Debt Repaid, Total	-24.59M	-11.15M	-4.3M	-	-
Total Debt Repaid	-24.59M	-11.15M	-4.3M	-	-
Issuance of Common Stock	18.49M	2.34M	123M	27.25M	-
Other Financing Activities, Total	-36.16M	-11.66M	-40.2M	-19.33M	-14.26M
Cash from Financing	-42.26M	-20.47M	87.03M	137M	98.63M
Miscellaneous Cash Flow Adjustments	-	-	-1K	-1K	1K
Net Change in Cash	-1.14M	3.42M	836K	-20.25M	967K
Supplemental Items
Cash Interest Paid	13.97M	11.66M	12.29M	19.32M	14.26M
Cash Income Tax Paid (Refund)	1.53M	5.69M	-	2.04M	-
Levered Free Cash Flow	27.85M	-24.16M	-100M	-176M	-94.68M
Unlevered Free Cash Flow	36.58M	-16.87M	-92.52M	-164M	-94.68M
Change In Net Working Capital	-18.26M	38.7M	91M	1.28M	36.6M
Net Debt Issued / Repaid	-24.59M	-11.15M	4.21M	129M	113M

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Profitability
Return on Assets	4.31	8.54	4.34	2.68	-8.34
Return on Total Capital	6.99	12.34	5.71	3.79	-11.43
Return On Equity %	8.03	27.45	4.41	2.68	-52.81
Return on Common Equity	8.03	27.45	4.41	2.68	-52.81
Margin Analysis
Gross Profit Margin %	27.36	36.01	31.58	20.35	27.72
SG&A Margin	11.74	13.73	13.92	7.02	12.55
EBITDA Margin %	9.91	16.59	11.74	8.72	-15.63
EBITA Margin %	6.59	13.38	8.07	4.25	-30.61
EBIT Margin %	6.59	13.38	8.07	4.25	-30.61
Income From Continuing Operations Margin %	1.31	6.07	1.81	0.93	-31.41
Net Income Margin %	1.31	6.07	1.81	0.93	-31.41
Net Avail. For Common Margin %	1.31	6.07	1.81	0.93	-31.41
Normalized Net Income Margin	1.14	5.15	1.84	0.65	-18.99
Levered Free Cash Flow Margin	9.39	-8.96	-34.57	-30.64	-31.45
Unlevered Free Cash Flow Margin	12.34	-6.26	-31.91	-28.53	-31.45
Asset Turnover
Asset Turnover	1.05	1.02	0.86	1.01	0.44
Fixed Assets Turnover	6.4	6.2	5.57	3.85	1.27
Receivables Turnover (Average Receivables)	3.8	4.46	4.27	5.71	-
Inventory Turnover (Average Inventory)	1.62	1.22	1.13	1.9	0.83
Short Term Liquidity
Current Ratio	1.24	1.26	1.6	1.26	0.86
Quick Ratio	0.43	0.33	0.43	0.34	0.04
Operating Cash Flow to Current Liabilities	0.28	0.19	-0.29	0.12	-0.15
Days Sales Outstanding (Average Receivables)	96.12	81.8	85.68	63.98	-
Days Outstanding Inventory (Average Inventory)	225.6	299.98	323.02	191.79	440.3
Average Days Payable Outstanding	138.63	101.87	101.48	97.31	372.2
Cash Conversion Cycle (Average Days)	183.09	279.91	307.22	158.45	-
Long Term Solvency
Total Debt/Equity	221.68	195.91	82.26	118.57	289.3
Total Debt / Total Capital	68.91	66.21	45.13	54.25	74.31
LT Debt/Equity	78.45	41	10.64	51.82	123.18
Long-Term Debt / Total Capital	24.39	13.85	5.84	23.71	31.64
Total Liabilities / Total Assets	80.12	74.96	57.58	69.18	79.63
EBIT / Interest Expense	1.4	3.1	1.9	1.26	-
EBITDA / Interest Expense	2.1	3.84	2.77	2.59	-
(EBITDA - Capex) / Interest Expense	1.83	3.02	0.57	-7.94	-
Total Debt / EBITDA	3.79	3.02	4.09	5.37	-8.1
Net Debt / EBITDA	3.7	2.89	3.89	5.15	-7.84
Total Debt / (EBITDA - Capex)	4.36	3.84	19.7	-1.75	-4.1
Net Debt / (EBITDA - Capex)	4.26	3.67	18.74	-1.68	-3.97
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	14.01	-9.06	7.52	97.71	-47.47
Gross Profit, 1 Yr. Growth %	74.28	19.67	-5.7	27.99	-46.46
EBITDA, 1 Yr. Growth %	53.69	52.28	-23.9	46.73	-251.63
EBITA, 1 Yr. Growth %	41.36	84.74	-35.17	4.03	-1.97K
EBIT, 1 Yr. Growth %	41.36	84.74	-35.17	4.03	-1.97K
Earnings From Cont. Operations, 1 Yr. Growth %	91.84	321.9	-67.89	1.03	-1.88K
Net Income, 1 Yr. Growth %	91.84	321.9	-67.89	1.03	-1.88K
Normalized Net Income, 1 Yr. Growth %	107.96	308.73	-61.63	-30.02	-1.63K
Diluted EPS Before Extra, 1 Yr. Growth %	62.17	219.44	-76.54	-6.87	-1.89K
Accounts Receivable, 1 Yr. Growth %	-23.52	-21.42	55.24	43.4	-
Inventory, 1 Yr. Growth %	-12.14	27.77	20.06	51.16	-18.15
Net Property, Plant and Equip., 1 Yr. Growth %	-12.95	1.86	36.97	294.59	0.05
Total Assets, 1 Yr. Growth %	-19.53	8.94	44.97	84.03	-11.93
Tangible Book Value, 1 Yr. Growth %	7.7	37.58	146.21	33.7	-41.98
Common Equity, 1 Yr. Growth %	8.36	37.22	145.58	33.71	-41.78
Cash From Operations, 1 Yr. Growth %	-361.38	-25.7	3.73K	-176.07	-214.59
Capital Expenditures, 1 Yr. Growth %	-86.45	149.35	181.61	653.97	-77.4
Levered Free Cash Flow, 1 Yr. Growth %	-126.14	-186.76	314.76	75.23	69.03
Unlevered Free Cash Flow, 1 Yr. Growth %	-136.46	-146.13	448.31	76.73	69.03
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	17.1	1.82	-1.12	45.8	1.91
Gross Profit, 2 Yr. CAGR %	44.65	44.42	6.23	9.62	-4.31
EBITDA, 2 Yr. CAGR %	50.92	52.99	7.65	5.67	17.57
EBITA, 2 Yr. CAGR %	49.66	61.6	9.44	-17.88	98.48
EBIT, 2 Yr. CAGR %	49.66	61.6	9.44	-17.88	98.48
Earnings From Cont. Operations, 2 Yr. CAGR %	-3.69	184.49	16.39	-43.04	324.36
Net Income, 2 Yr. CAGR %	-3.69	184.49	16.39	-43.04	324.36
Normalized Net Income, 2 Yr. CAGR %	3.36	191.55	25.24	-48.18	227.65
Diluted EPS Before Extra, 2 Yr. CAGR %	-15.01	127.61	-13.43	-53.26	305.62
Accounts Receivable, 2 Yr. CAGR %	13.9	-22.48	10.45	49.2	-
Inventory, 2 Yr. CAGR %	36.13	5.95	23.85	34.72	11.23
Net Property, Plant and Equip., 2 Yr. CAGR %	26.42	-5.84	18.12	132.48	98.69
Total Assets, 2 Yr. CAGR %	22.69	-6.37	25.67	63.34	27.31
Tangible Book Value, 2 Yr. CAGR %	30.46	21.73	84.05	81.44	-11.92
Common Equity, 2 Yr. CAGR %	30.86	21.94	83.57	81.21	-11.77
Cash From Operations, 2 Yr. CAGR %	75.51	39.36	15.68	439.67	-6.5
Capital Expenditures, 2 Yr. CAGR %	-42.43	-41.87	164.99	360.78	30.54
Levered Free Cash Flow, 2 Yr. CAGR %	-	-52.37	89.69	169.59	-2.79
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-58.99	59.04	211.29	1.16
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	7.63	3.69	24.57	3.75
Gross Profit, 3 Yr. CAGR %	-	35.79	25.29	12.87	-4.91
EBITDA, 3 Yr. CAGR %	-	51.37	21.22	19.36	1.7
EBITA, 3 Yr. CAGR %	-	60.55	19.18	7.6	36.69
EBIT, 3 Yr. CAGR %	-	60.55	19.18	7.6	36.69
Earnings From Cont. Operations, 3 Yr. CAGR %	-	57.58	37.48	11.03	79.49
Net Income, 3 Yr. CAGR %	-	57.58	37.48	11.03	79.49
Normalized Net Income, 3 Yr. CAGR %	-	63.44	48.3	3.15	60.31
Diluted EPS Before Extra, 3 Yr. CAGR %	-	32.14	6.72	-11.3	56.87
Accounts Receivable, 3 Yr. CAGR %	-	0.64	-2.29	20.49	-
Inventory, 3 Yr. CAGR %	-	33.28	10.46	32.36	14.1
Net Property, Plant and Equip., 3 Yr. CAGR %	-	17.64	6.69	76.57	75.52
Total Assets, 3 Yr. CAGR %	-	17.92	8.32	42.71	32.94
Tangible Book Value, 3 Yr. CAGR %	-	32.79	53.95	65.45	24.07
Common Equity, 3 Yr. CAGR %	-	32.95	53.99	65.17	24.11
Cash From Operations, 3 Yr. CAGR %	-	31.79	51.8	0.59	222.28
Capital Expenditures, 3 Yr. CAGR %	-	-6.16	-1.64	275.49	68.67
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-2.02	84.74	57.66
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-2.66	64.73	77.7
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	115.25	-	21.53	2.97
Gross Profit, 5 Yr. CAGR %	-	105.99	-	24.65	12.39
EBITDA, 5 Yr. CAGR %	-	120.41	-	31.1	19.74
EBITA, 5 Yr. CAGR %	306.96	164.26	-	22.78	46.16
EBIT, 5 Yr. CAGR %	306.96	164.26	-	22.78	46.16
Earnings From Cont. Operations, 5 Yr. CAGR %	194.5	139.64	-	4.89	115.8
Net Income, 5 Yr. CAGR %	194.5	139.64	-	4.89	115.8
Normalized Net Income, 5 Yr. CAGR %	215.05	154.74	-	3.23	103.64
Diluted EPS Before Extra, 5 Yr. CAGR %	23.02	95.61	-	-12.8	82.05
Accounts Receivable, 5 Yr. CAGR %	268.2	87.92	-	17.81	-
Inventory, 5 Yr. CAGR %	-	83.72	-	33.85	10.77
Net Property, Plant and Equip., 5 Yr. CAGR %	-	18.43	-	54.48	36.82
Total Assets, 5 Yr. CAGR %	362.06	48.07	-	34.34	15.55
Tangible Book Value, 5 Yr. CAGR %	260.08	29.78	-	50.45	23.13
Common Equity, 5 Yr. CAGR %	260.52	29.87	-	50.48	23.24
Cash From Operations, 5 Yr. CAGR %	-	-	-	25.68	25.05
Capital Expenditures, 5 Yr. CAGR %	-	-	-	77.35	10.15
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	-2.33
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	-1.15