COMRADE
Comrade Appliances financials
- Market cap
- ₹26 Cr
Quarterly results
Q4 FY26: revenue down 19.9%, net profit down 180.8% against the same quarter last year.
| Line item | Q2 FY24 | Q4 FY24 | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|
| Revenue | 10 | 19 | 17 | 41 | 15 +49% | 15 −20% |
| EBITDA | -2 | 6 | -1 | 6 | -3 −31% | 0 −100% |
| Net profit | -3 | 3 | -2 | 2 | -7 −172% | -2 −181% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −63.7% 1Y
1Y: ₹99.23 on 8 Sept 2025 → ₹36. High ₹111.27 (17 Sept 2025), low ₹20.58 (30 Jun 2026).
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹3 Cr | ₹5 Cr | ₹5 Cr | ₹8 Cr | ₹8 Cr | ₹8 Cr |
| Reserves | ₹1 Cr | ₹1 Cr | ₹2 Cr | ₹9 Cr | ₹8 Cr | ₹5 Cr |
| Borrowings | ₹14 Cr | ₹11 Cr | ₹14 Cr | ₹14 Cr | ₹33 Cr | ₹16 Cr |
| Other liabilities | ₹13 Cr | ₹9 Cr | ₹7 Cr | ₹9 Cr | ₹8 Cr | ₹35 Cr |
| Total liabilities | ₹31 Cr | ₹27 Cr | ₹28 Cr | ₹40 Cr | ₹57 Cr | ₹65 Cr |
| Fixed assets | ₹5 Cr | ₹6 Cr | ₹4 Cr | ₹6 Cr | ₹22 Cr | ₹24 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹26 Cr | ₹21 Cr | ₹23 Cr | ₹34 Cr | ₹34 Cr | ₹41 Cr |
| Total assets | ₹31 Cr | ₹27 Cr | ₹28 Cr | ₹40 Cr | ₹57 Cr | ₹65 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Mar 2026
The ownership split has held steady since Mar 2025. The shareholder count shrank 16% to 441.
- Promoters
- 70.0%
- FIIs
- 5.3%
- Public
- 24.7%
Since Mar 2025
- Public +0.01 pp
- Promoters 0.00 pp
- FIIs 0.00 pp
How it drifted, 6 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 69.7%, FIIs 5.5%, Public 24.8%.Mar '24: Promoters 69.7%, FIIs 5.5%, Public 24.8%.Sep '24: Promoters 70.5%, FIIs 5.3%, Public 24.1%.Mar '25: Promoters 70.0%, FIIs 5.3%, Public 24.6%.Sep '25: Promoters 69.8%, FIIs 5.3%, Public 24.8%.Mar '26: Promoters 70.0%, FIIs 5.3%, Public 24.7%.
Who bought this quarter
since Sep 2025
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Bazz Commotrade Private Limited newly disclosed 1.21% held
- Mehboob Alam +0.46 pp 29.36% held
The same filing shows 2 holders trimming and 2 off the list — both are in the register beside this.
Who is on the register
Named in the Mar 2026 filing
Every holder of Comrade Appliances Limited above SEBI's 1% disclosure line, and what changed since Sep 2025.
| Holder | Stake | Change |
|---|---|---|
| Mehboob Alam | 29.36% | +0.46 pp |
| Troupe Technologies Private Limited | 23.76% | −0.15 pp |
| Khursheed Alam | 10.28% | −0.07 pp |
| Shakir Khan | 5.66% | unchanged |
| Saint Capital Fund FPI fund | 5.30% | unchanged |
| Bazz Commotrade Private Limited | 1.21% | newly disclosed |
| Waheed Nizami | 0.99% | unchanged |
| Gretex Share Broking Private Limited | — | off the list |
| Pocketful Securities And Investment Private Limited | — | off the list |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Comrade Appliances Limited
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