Comrade Appliances (BOM:543921) Operating Margin %: -15.04% (As of Mar. 2026)


BOM:543921 Comrade Appliances Ltd BOM:543921
47 GF Score
Price ₹20.90
GF Value ₹96.24
Valuation Possible Value Trap
! 11 Warning Signs
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What is Comrade Appliances Operating Margin %?

Comrade Appliances BOM:543921 47 Operating Margin % is -15.04% as of Mar. 2026. GuruFocus rates BOM:543921 with a GF Score™ of 47/100 and a GF Value™ of ₹96.24 (Possible Value Trap). The stock has 11 warning signs investors should review. Among 430 Furnishings, Fixtures & Appliances companies, Comrade Appliances ranks worse than 94.42% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Comrade Appliances's Operating Income for the six months ended in Mar. 2026 was ₹-23.0 Mil. Comrade Appliances's Revenue for the six months ended in Mar. 2026 was ₹152.6 Mil. Therefore, Comrade Appliances's Operating Margin % for the quarter that ended in Mar. 2026 was -15.04%.

The historical rank and industry rank for Comrade Appliances's Operating Margin % or its related term are showing as below:

BOM:543921' s Operating Margin % Range Over the Past 10 Years
Min: -25.59   Med: 5.31   Max: 13.5
Current: -25.59


BOM:543921's Operating Margin % is ranked worse than
94.42% of 430 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 3.69 vs BOM:543921: -25.59

Comrade Appliances's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Comrade Appliances's Operating Income for the six months ended in Mar. 2026 was ₹-23.0 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-77.0 Mil.

Warning Sign:

Comrade Appliances Ltd has recorded a loss in operating income at least once over the past 3 years.


Comrade Appliances  (BOM:543921) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Comrade Appliances Operating Margin % Related Terms


Comrade Appliances Operating Margin % Historical Data

* Premium members only.

The historical data trend for Comrade Appliances's Operating Margin % 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 Operating Margin % Chart

Comrade Appliances Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Margin %
Get a 7-Day Free Trial 6.55 13.50 6.03 4.25 -25.00

Comrade Appliances Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 24.09 -12.55 -46.65 -36.42 -15.04

BOM:543921 vs SN, SGI, MHK: Operating Margin % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Comrade Appliances's Operating Margin %, along with its competitors' market caps and Operating Margin % 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 Operating Margin % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Comrade Appliances's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Comrade Appliances's Operating Margin % falls into.


BOM:543921
47GF Score
Comrade Appliances Ltd BOM:543921
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Comrade Appliances Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Comrade Appliances's Operating Margin % for the fiscal year that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=-75.275 / 301.08
=-25.00 %

Comrade Appliances's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=-22.951 / 152.591
=-15.04 %

* 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.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of -15.04% mean?
Comrade Appliances (BOM:543921) has a Operating Margin % of -15.04% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Comrade Appliances and its competitors. According to the industry distribution chart, Comrade Appliances ranks #406 out of 430 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 94.4%.
Is Comrade Appliances' Operating Margin % too high?
Comrade Appliances' current Operating Margin % is -15.04%. Based on the distribution chart, Comrade Appliances ranks #406 out of 430 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Comrade Appliances has a GF Score™ of 47/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Comrade Appliances' Operating Margin % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Comrade Appliances ranks #406 out of 430 companies for Operating Margin %. This places Comrade Appliances in the lower half of its industry. The industry median Operating Margin % is 3.69. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for a Furnishings, Fixtures & Appliances company?
The median Operating Margin % among Furnishings, Fixtures & Appliances companies is 3.69, based on 430 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Comrade Appliances and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Operating Margin % is 3.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Comrade Appliances's current Operating Margin % is -15.04%. 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 ₹96.24, compared to a current price of ₹20.90 — trading 78.3% below its estimated fair value. The current Operating Margin % is -15.04%. Comrade Appliances' overall GF Score™ is 47/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Comrade Appliances (BOM:543921), the current Operating Margin % is -15.04% 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 ₹20.90 is trading 78.3% below its estimated GF Value™ of ₹96.24. GuruFocus considers Comrade Appliances to be Possible Value Trap.

Key valuation signals for BOM:543921:

  • Operating Margin %: -15.04%
  • GF Value™: ₹96.24 vs. price of ₹20.90 (78.3% below fair value)
  • GF Score™: 47/100 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.
47GF Score

Get the complete analysis for BOM:543921

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

₹20.90
Price
₹96.24
GF Value