Comrade Appliances (BOM:543921) ROC %: -8.67% (As of Mar. 2026)

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BOM:543921 Comrade Appliances Ltd BOM:543921
61 GF Score
Price ₹27.56
GF Value ₹96.31
Valuation Possible Value Trap
! 11 Warning Signs
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What is Comrade Appliances ROC %?

Comrade Appliances BOM:543921 +4.99% 61 ROC % is -8.67% as of Mar. 2026. GuruFocus rates BOM:543921 with a GF Score™ of 61/100 and a GF Value™ of ₹96.31 (Possible Value Trap). The stock has 11 warning signs investors should review.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Comrade Appliances's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was -8.67%.

As of today (2026-07-14), Comrade Appliances's WACC % is 5.62%. Comrade Appliances's ROC % is -14.80% (calculated using TTM income statement data). Comrade Appliances earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Comrade Appliances  (BOM:543921) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Comrade Appliances's WACC % is 5.62%. Comrade Appliances's ROC % is -14.80% (calculated using TTM income statement data). Comrade Appliances earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Comrade Appliances ROC % Related Terms


Comrade Appliances ROC % Historical Data

* Premium members only.

The historical data trend for Comrade Appliances's ROC % 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 ROC % Chart

Comrade Appliances Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC %
Get a 7-Day Free Trial 6.76 13.27 4.04 5.30 -13.93

Comrade Appliances Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 23.33 -7.52 -31.19 -21.99 -8.67
BOM:543921
61GF Score
Comrade Appliances Ltd BOM:543921
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Comrade Appliances ROC % Calculation

Comrade Appliances's annualized Return on Capital (ROC %) for the fiscal year that ended in Mar. 2026 is calculated as:

ROC % (A: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Mar. 2025 ) + Invested Capital (A: Mar. 2026 ))/ count )
=-75.275 * ( 1 - 0% )/( (502.667 + 577.885)/ 2 )
=-75.275/540.276
=-13.93 %

where

Invested Capital(A: Mar. 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))
=734.523 - 220.648 - ( 11.208 - max(0, 386.783 - 486.47+11.208))
=502.667

Invested Capital(A: 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

Comrade Appliances's annualized Return on Capital (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. The tax rate is limited to between 0% and 100%.

* 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 ROC % →
What does a ROC % of -8.67% mean?
Comrade Appliances (BOM:543921) has a ROC % of -8.67% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Comrade Appliances and its competitors.
Is Comrade Appliances' ROC % too high?
Comrade Appliances' current ROC % is -8.67%. 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' ROC % compare to SN and SGI?
Comrade Appliances' ROC % of -8.67% can be compared against companies in the Furnishings, Fixtures & Appliances industry. The industry median ROC % is 3.45. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for a Furnishings, Fixtures & Appliances company?
The median ROC % among Furnishings, Fixtures & Appliances companies is 3.45, based on 427 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % 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 ROC % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Comrade Appliances and its competitors. For the Furnishings, Fixtures & Appliances industry, the median ROC % is 3.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Comrade Appliances's current ROC % is -8.67%. 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 ₹96.31, compared to a current price of ₹27.56 — trading 71.4% below its estimated fair value. The current ROC % is -8.67%. 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 ROC % calculated?
ROC % is calculated from a company's financial statements. For Comrade Appliances (BOM:543921), the current ROC % is -8.67% 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 ₹27.56 is trading 71.4% below its estimated GF Value™ of ₹96.31. GuruFocus considers Comrade Appliances to be Possible Value Trap.

Key valuation signals for BOM:543921:

  • ROC %: -8.67%
  • GF Value™: ₹96.31 vs. price of ₹27.56 (71.4% 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

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

₹27.56
Price
₹96.31
GF Value