About Comrade Appliances Limited
Data last updated: 17 February 2026
Comrade Appliances Limited is a public limited company based in Jogeshwari West, Maharashtra, India, recognised as a startup by DPIIT. It specialises in electronics manufacturing, a part of the broader consumer electronics and durables sector. Incorporated on 22 March 2017, the company has been in operation for over 9 years.
Registered with ROC Mumbai under CIN U74999MH2017PLC292817. Listed.
Capital: an authorised share capital of ₹11 Cr and a paid-up capital of ₹7.78 Cr. Formerly known as Comrade Appliances Private Limited. It is led by directors including Mehboob Alam and Sonu Dhariwal.
Last AGM: 29 September 2025. Financial statements filed for year ended 31 March 2025. Office: Wing 3Rd Floor Key Tech Park, Jogeshwari West, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹57.42 Cr, a growth of 97% compared to the previous year.
The company has a workforce of approximately 53 employees as per the latest available data.
The company is associated with 1 brand - Comrade Appliances. As per MCA filings, the company has open charges of ₹37.41 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website comrade.net.in.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Registered AddressOffice No.303 A – Wing 3Rd Floor Key Tech Park, Sadhna Soap Lane Off S.V Road, Jogeshwari West, Maharashtra, India – 400102
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IndustryConsumer Electronics & Durables, Electronics Manufacturing
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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CIN History of Comrade Appliances Limited
Comrade Appliances Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L74999MH2017PLC292817, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74999MH2017PLC292817 | Current |
| U74999MH2017PLC292817 | Previous |
| U74999MH2017PTC292817 | Previous |
Associated Brands with Comrade Appliances Limited
Comrade Appliances Limited operates one associated brand: Comrade Appliances. These brands represent Comrade Appliances Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Home appliances are manufactured and marketed by Comrade Appliances. | comrade.net.in |
Business Activity of Comrade Appliances Limited
Comrade Appliances Limited is engaged in the principal business activity of manufacturing, with detailed activities including other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | ********* |
Auditor Details of Comrade Appliances Limited
Comrade Appliances Limited is audited by M/s. Suvarna & Katdare (ICAI peer reviewed, certificate valid till 2028-12-31) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| M/s. Suvarna & Katdare (ICAI peer reviewed, certificate valid till 2028-12-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Comrade Appliances Limited
Comrade Appliances Limited is currently managed by 6 directors, with 3 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mehboob Alam | Director | 02 Jan 2023 | 3 Years 6 Months | Current |
| Sonu Dhariwal | Director | 10 Nov 2022 | 3 Years 7 Months | Current |
|
Rajan Agarwal
Also directs:
Progressive Commutators Pvt. Ltd.
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Director | 10 Nov 2022 | 3 Years 7 Months | Current |
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Khursheed Alam
Also directs:
Troupe Technologies Private Limited, Wjt India Private Limited
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Managing Director | 10 Nov 2022 | 3 Years 7 Months | Current |
| Shakir Khan | Director | 02 Jan 2023 | 3 Years 6 Months | Current |
Financials of Comrade Appliances Limited FY 2026 filings available
Comrade Appliances Limited reported revenue of ₹30.11 Cr (down 47.47% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 |
|---|---|---|---|
| Revenue from Operations | ₹30.11 Cr | ₹57.31 Cr | ₹28.99 Cr |
| Other Income | ₹7.57 Lakh | ₹10.97 Lakh | ₹11.16 Lakh |
| Total Income | ₹30.18 Cr | ₹57.42 Cr | - |
| Cost of Materials Consumed | ₹0 | ₹48.12 Cr | ₹21.98 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹21.76 Cr | -₹2.47 Cr | -₹2.15 Cr |
| Employee Benefit Expense | ₹3.78 Cr | ₹2.87 Cr | ₹2.55 Cr |
| Finance Costs | ₹0 | ₹1.94 Cr | ₹1.59 Cr |
| Depreciation & Amortisation | ₹4.55 Cr | - | - |
| Other Expenses | ₹9.24 Cr | ₹3.77 Cr | ₹3.19 Cr |
| Total Expenses | ₹39.33 Cr | ₹56.83 Cr | ₹28.25 Cr |
| Profit Before Exceptional Items & Tax | -₹9.15 Cr | - | - |
| Exceptional Items | ₹0 | - | - |
| Profit Before Tax | -₹9.15 Cr | ₹59.62 Lakh | ₹85.2 Lakh |
| Total Tax Expense | ₹31.12 Lakh | ₹6.56 Lakh | ₹32.68 Lakh |
| Net Profit | -₹9.46 Cr | ₹53.06 Lakh | ₹52.52 Lakh |
| Other Comprehensive Income | ₹0 | - | - |
| Total Comprehensive Income | -₹9.46 Cr | - | - |
| EBITDA (computed) | -₹4.6 Cr | - | - |
| Basic EPS | ₹-12.16 | - | - |
| Diluted EPS | ₹0.00 | - | - |
| Metrics | FY 2026 | FY 2025 | FY 2024 |
|---|---|---|---|
| Total Assets | ₹64.69 Cr | ₹73.45 Cr | ₹39.91 Cr |
| Non-current Assets | ₹34.95 Cr | ₹24.81 Cr | ₹6.84 Cr |
| Current Assets | ₹29.74 Cr | ₹48.65 Cr | ₹33.07 Cr |
| Property, Plant & Equipment | ₹23.81 Cr | ₹23.74 Cr | - |
| Inventories | ₹23.63 Cr | ₹28.87 Cr | ₹19.1 Cr |
| Trade Receivables | ₹0 | - | - |
| Cash & Equivalents | ₹1.22 Cr | ₹1.12 Cr | ₹67.91 Lakh |
| Equity (Net Worth) | ₹13.18 Cr | - | - |
| Equity Share Capital | ₹7.78 Cr | - | - |
| Borrowings (Non-current) | ₹16.24 Cr | - | - |
| Borrowings (Current) | ₹0 | - | - |
| Total Debt (computed) | ₹16.24 Cr | - | - |
| Current Liabilities | ₹34.75 Cr | ₹38.68 Cr | ₹20.69 Cr |
| Total Liabilities | ₹51.51 Cr | - | - |
| Metrics | FY 2026 | FY 2025 | FY 2024 |
|---|---|---|---|
| Operating Cash Flow | -₹5.24 Cr | ₹4.56 Cr | -₹5.99 Cr |
| Investing Cash Flow | -₹4.53 Cr | -₹20.29 Cr | -₹2.63 Cr |
| Financing Cash Flow | ₹9.86 Cr | ₹13.71 Cr | ₹8.7 Cr |
| Capital Expenditure | ₹4.6 Cr | ₹20.34 Cr | - |
| Free Cash Flow (computed) | -₹9.84 Cr | -₹15.78 Cr | - |
| Dividends Paid | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹9.65 Lakh | -₹2.02 Cr | ₹8.36 Lakh |
Shareholding Pattern of Comrade Appliances Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 70.05%, foreign institutional investors hold 5.30%, retail and other public shareholders hold 24.66% of Comrade Appliances Limited. The company had 441 shareholders on record.
| Mar 2026 | Sep 2025 | Mar 2025 | Sep 2024 | Mar 2024 | Sep 2023 | |
|---|---|---|---|---|---|---|
| Promoters | 70.05% | 69.85% | 70.05% | 70.53% | 69.74% | 69.74% |
| Public | 29.95% | 30.15% | 29.95% | 29.47% | 30.26% | 30.26% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 70.05% | 70.05% | 69.74% |
| Public | 29.95% | 29.95% | 30.26% |
| Promoter change (YoY, %pts) | +0.00 | +0.31 | - |
Charges & Borrowings of Comrade Appliances Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Sep 2025 | State Bank of India | ₹6.75 Cr | Open |
| 30 Jul 2025 | Sidbi | ₹65 Lakh | Open |
| 19 Nov 2024 | Others | ₹3.52 Cr | Open |
| 24 Jul 2024 | Others | ₹2.9 Cr | Open |
| 29 Jun 2024 | Others | ₹1.02 Cr | Open |
Total charge records: 9 View all charges
Employees and EPFO Compliance at Comrade Appliances Limited
Comrade Appliances Limited has a workforce of 53 employees as of Oct 04, 2024.
Employee Count & EPFO Data of Comrade Appliances Limited
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GST Compliance of Comrade Appliances Limited
GSTIN & GST Filing Data of Comrade Appliances Limited
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Credit Ratings, Litigation & Regulatory Alerts for Comrade Appliances Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Comrade Appliances Limited
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MSME Payment Delays by Comrade Appliances Limited
MSME Payment Delays by Comrade Appliances Limited
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Subsidiaries & Group Companies of Comrade Appliances Limited
Subsidiaries & Group Companies of Comrade Appliances Limited
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MCA Filings & Documents of Comrade Appliances Limited
MCA Filings & Documents of Comrade Appliances Limited
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Recent Activity on Comrade Appliances Limited
Recent News on Comrade Appliances Limited
Frequently Asked Questions about Comrade Appliances Limited
Comrade Appliances Limited is an active public limited company in the consumer electronics and durables sector based in Jogeshwari West, Maharashtra, India. It was incorporated on 22 March 2017 (9+ years old) and is registered under CIN L74999MH2017PLC292817. The company has 53 employees.
Comrade Appliances Limited reported revenue of ₹57.42 Cr for FY 2025 (up 97.00% YoY).
The current directors of Comrade Appliances Limited are:
- Mehboob Alam
- Sonu Dhariwal
- Khursheed Alam
- Rajan Agarwal
- Shakir Khan
- Anshita
The primary industry of Comrade Appliances Limited is consumer electronics and durables. The company specifically operates in electronics manufacturing. The company is currently active in this sector.
Yes, Comrade Appliances Limited is a listed company.
Yes, Comrade Appliances Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).