Comrade Appliances (BOM:543921) EBIT: ₹-76.6 Mil (TTM As of Mar. 2026)


BOM:543921 Comrade Appliances Ltd BOM:543921
61 GF Score
Price ₹22.68
GF Value ₹96.27
Valuation Possible Value Trap
! 11 Warning Signs
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What is Comrade Appliances EBIT?

Comrade Appliances BOM:543921 +5.00% 61 EBIT is ₹-76.6 Mil as of Mar. 2026. GuruFocus rates BOM:543921 with a GF Score™ of 61/100 and a GF Value™ of ₹96.27 (Possible Value Trap). The stock has 11 warning signs investors should review.

Comrade Appliances's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was ₹-23.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-76.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Comrade Appliances's annualized ROC % for the quarter that ended in Mar. 2026 was -8.67%. Comrade Appliances's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -10.72%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Comrade Appliances's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -14.04%.


Comrade Appliances  (BOM:543921) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Comrade Appliances's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-45.902 * ( 1 - 0% )/( (481.243 + 577.885)/ 2 )
=-45.902/529.564
=-8.67 %

where

Invested Capital(Q: Sep. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=566.963 - 64.856 - ( 20.864 - max(0, 284.864 - 331.169+20.864))
=481.243

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=646.909 - 119.092 - ( 12.175 - max(0, 347.458 - 297.39+12.175))
=577.885

Note: The Operating Income data used here is two times the semi-annual (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Comrade Appliances's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-45.902/( ( (223.712 + max(238.043, 0)) + (238.067 + max(156.715, 0)) )/ 2 )
=-45.902/( ( 461.755 + 394.782 )/ 2 )
=-45.902/428.2685
=-10.72 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(14.456 + 238.423 + 57.257) - (64.856 + 0 + 7.237)
=238.043

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 236.323 + 48.892) - (119.092 + 0 + 9.408)
=156.715

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Comrade Appliances's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-76.606/545.562
=-14.04 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Comrade Appliances EBIT Related Terms


Comrade Appliances EBIT Historical Data

* Premium members only.

The historical data trend for Comrade Appliances's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Comrade Appliances EBIT Chart

Comrade Appliances Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial 19.40 33.86 20.82 25.29 -75.88

Comrade Appliances Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 48.89 -20.36 -69.27 -53.66 -22.95

BOM:543921 vs SN, SGI, MHK: EBIT Comparison

For the Furnishings, Fixtures & Appliances subindustry, Comrade Appliances's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Comrade Appliances EV-to-EBIT vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Comrade Appliances's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Comrade Appliances's EV-to-EBIT falls into.


BOM:543921
61GF Score
Comrade Appliances Ltd BOM:543921
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Comrade Appliances EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-76.6 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ₹-76.6 Mil mean?
Comrade Appliances (BOM:543921) has a EBIT of ₹-76.6 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Comrade Appliances.
Is Comrade Appliances' EBIT too high?
Comrade Appliances' current EBIT is ₹-76.6 Mil. Overall, Comrade Appliances has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Comrade Appliances' EBIT compare to SN and SGI?
Comrade Appliances' EBIT of ₹-76.6 Mil can be compared against companies in the Furnishings, Fixtures & Appliances industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Furnishings, Fixtures & Appliances company?
A good EBIT depends on the Furnishings, Fixtures & Appliances industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Comrade Appliances. Comrade Appliances's current EBIT is ₹-76.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Comrade Appliances stock overvalued right now?
Based on GuruFocus' analysis, Comrade Appliances (BOM:543921) is currently considered Possible Value Trap. The stock's GF Value™ is ₹96.27, compared to a current price of ₹22.68 — trading 76.4% below its estimated fair value. The current EBIT is ₹-76.6 Mil. Comrade Appliances' overall GF Score™ is 61/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Comrade Appliances (BOM:543921), the current EBIT is ₹-76.6 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Comrade Appliances (BOM:543921) Overvalued in 2026?

Based on GuruFocus' analysis, Comrade Appliances stock appears to be undervalued. The current stock price of ₹22.68 is trading 76.4% below its estimated GF Value™ of ₹96.27. GuruFocus considers Comrade Appliances to be Possible Value Trap.

Key valuation signals for BOM:543921:

  • EBIT: ₹-76.6 Mil
  • GF Value™: ₹96.27 vs. price of ₹22.68 (76.4% below fair value)
  • GF Score™: 61/100 with 11 warning signs

No single metric tells the full story. See the BOM:543921 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Comrade Appliances Business Description

Address 183-186, S.V. Road, Shop No. 39, Ground Level 1, Dewan Centre, Jogeshwari West, Mumbai, MH, IND, 400102
Comrade Appliances Ltd is engaged in the process of manufacturing an extensive array of Air Coolers and Electric Geysers. The company manufactures consumer durable goods, assembles various products, and provides end-to-end product solutions. It serves under both original equipment manufacturer (OEM) and original design manufacturer (ODM) business models. The company has only one reportable Business Segment, which is the manufacturing of Electrical Machinery and Apparatus. The company operates in one Geographical Segment, namely within India.
61GF Score

Get the complete analysis for BOM:543921

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹22.68
Price
₹96.27
GF Value