Promoter holding
64.27%
CA
Comrade Appliances Limited - Due diligence report
A 360° intelligence report on Comrade Appliances Limited: trust score, financial health, credit view, compliance, directors, growth and dist…
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Comrade Appliances Limited — 360° Intelligence Report
Generated from MCA filings & public records89/100
Trust Score
Low Risk
Comrade Appliances Limited is assessed as Low Risk with a Trust Score of 89/100. Comrade Appliances Limited is an active public limited indian non-government company incorporated in 2017, operating in the Consumer Electronics & Durables sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and low financial risk profile.
Report generated on 03 Aug 2026 from the latest processed filings. Comrade Appliances Limited snapshot & full profile →
Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.
02
Score Card
Higher is safer · rule-based & explainableTrust ScoreLow Risk
89/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
100/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
80/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
35/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
95/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
80/100
Early-warning signals - higher means fewer warnings.
03
Financial Intelligence Dashboard
Standalone · 5 filed year(s)Unlock the full 5-year financial dashboard with charts and year-wise figures.
Get full accessScores and observations on this page are already computed from the real filings - only the underlying figures are locked.
04
Credit & Compliance Intelligence
Why the scores are what they are
Credit Risk Score: 35/100 Caution Indicated
- Liabilities ≈ 38% EBITDA - stretched.
- Open charges exceed net worth - secured lenders rank ahead.
- Elevated gearing (D/E 1.42).
- Working-capital cover adequate.
- Profitable - internal accruals available.
Charges position: 9 open (38.23 cr) · 0 satisfied (-).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| Canara Bank | 1 | 48.0 cr |
| Others | 4 | 48.0 cr |
| State Bank Of India | 1 | 48.0 cr |
| Sidbi | 3 | 48.0 cr |
Compliance Score: 100/100 Low Risk
- Company status is Active as per MCA.
- Annual filings current (balance sheet Mar 2025).
- 1 active GST registration(s).
05
Director Intelligence
Stability score: 95/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| MEHBOOB ALAM | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SONU DHARIWAL | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| KIRAN TILWANI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| KHURSHEED ALAM | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| RAJAN AGARWAL | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| KHURSHEED ALAM | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SHAKIR KHAN | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 7 directors on the board.
- No disqualified or deactivated DINs.
- Stable board - no exits in 3 years.
Director & KMP remuneration (FY 2025)
| Name | Designation | Total remuneration |
|---|---|---|
| A K Sharma | Managing Director | 2.4 cr |
| R Mehta | Whole-time Director | 1.6 cr |
| S Iyer | CFO | 95.0 L |
Remuneration is disclosed in the latest annual return. Unlock full report
06
Ownership & Group Intelligence
As per FY 2025 annual returnPublic / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
1 allotment(s) · 5 transfer(s)
Promoters hold the largest single block of equity - exact percentages are part of the full report.
Key managerial personnel: KHURSHEED ALAM (CFO) · KHURSHEED ALAM (Managing Director)
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 95 · Distress 80
Growth signals & trust indicators
Revenue acceleration: +2.1x over 4 year(s).
Latest year revenue grew 24%.
Profit expanded 0.86 year-on-year.
Asset base grew 61% - capacity expansion.
EPFO headcount growing - hiring signal.
Operating for 9 years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Outside liabilities up 38% in a year.
9 open charge(s) registered - assets are encumbered.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence91/100
Favourable indicators
Suitability as a supplier / customer counterparty.
- Statutory record is clean.
- 1 distress signal(s) - see Risk Center.
- Financial filings available for verification.
Banker assessment65/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- 9 open charge(s) of 38.23 cr already registered.
- Compliance record supports lending.
Investor view88/100
Positive growth indicators
Growth quality and scalability through an investor lens.
- 5 growth signal(s) detected.
- Margin and return trends computable from filings.
- Management team looks stable.
09
MCA Filings & Events Timeline
Latest 15 events29 Sep 2025
Last AGM held
Annual general meeting
03 Sep 2025
Charge created
State Bank Of India - 6.75 cr
30 Jul 2025
Charge created
Sidbi - 65.00 Lakh
31 Mar 2025
Latest balance sheet
Filed with ROC
19 Nov 2024
Charge created
Others - 3.52 cr
24 Jul 2024
Charge created
Others - 2.90 cr
29 Jun 2024
Charge created
Others - 1.02 cr
08 Apr 2024
Charge created
Others - 74.61 Lakh
13 Feb 2023
Charge created
Sidbi - 94.91 Lakh
02 Jan 2023
Director appointed
MEHBOOB ALAM (Director)
Director appointed
SHAKIR KHAN (Director)
15 Dec 2022
Director appointed
KIRAN TILWANI (Company Secretary)
10 Nov 2022
Director appointed
SONU DHARIWAL (Director)
Director appointed
KHURSHEED ALAM (CFO)
Director appointed
RAJAN AGARWAL (Director)
10
Key Observations
Auto-generated from the data aboveRevenue grew 1.42 over the last 4 financial year(s).
Net profit margin moved from 2.1x to 24%.
Debt-to-equity stands at 0.86 - leverage worth monitoring.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
7 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold the largest single block of equity as per the FY 2025 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 1 security allotment(s) - amounts available in the full report.
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| Devson Catalyst Limited | U31300GJ2004PLC044722 | Wadhwancity, Gujarat, India |
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| Permionics Membranes | U29197GJ2003PTC042216 | Vadodara, Gujarat, India |
| Emco Dynatorq Private Limited (Cn) | U74999MH1991PTC061109 | Thane, Maharashtra, India |
| Hsil | L51433WB1960PLC024539 | Kolkata, West Bengal, India |
| Sejalglass | L26100MH1998PLC117437 | Mumbai, Maharashtra, India |
| Bigbloc Constructi | L45200GJ2015PLC083577 | Choryasi, Gujarat, India |
| Hicks | U33112UP1961PLC002846 | Uttar Pradesh, Uttar Pradesh, India |
12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Comrade Appliances Limited before audits and certifications: compliance score 100/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Comrade Appliances Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.
Bankers & NBFCs
Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 35/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Positive growth indicators. Growth score 95/100, margin trends, ownership structure and peer set for Comrade Appliances Limited - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Favourable indicators. Trust score 89/100, distress signals and MSME payment-delay disclosures - know whether Comrade Appliances Limited pays its suppliers before you extend credit terms.
Lawyers & Compliance Teams
Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Comrade Appliances Limited - groundwork for KYC, onboarding and disputes.
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Frequently Asked Questions
Is Comrade Appliances Limited an active company?
Comrade Appliances Limited has MCA status “Active” with a compliance score of 100/100 (Low Risk).
Is Comrade Appliances Limited financially healthy?
Comrade Appliances Limited has a Financial Health Score of 80/100 (Low Risk) based on its filed financial statements.
Should I do business with Comrade Appliances Limited?
Its overall Trust Score is 89/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Comrade Appliances Limited?
Promoters hold the largest single block of equity - exact percentages are in the full report. 7 active director(s) are on record.
Does Comrade Appliances Limited have loans or charges against its assets?
9 open charge(s) are registered against its assets.
Is Comrade Appliances Limited up to date with its ROC filings?
Annual filings current (balance sheet Mar 2025). Overall compliance score: 100/100 (Low Risk).
Is it risky to lend to Comrade Appliances Limited?
Its Credit Risk Score is 35/100 (Caution Indicated). Banker verdict: Mixed indicators - deeper appraisal suggested.
Disclaimer: This report is generated automatically from MCA filings and public records as available
in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the
underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are
not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice.
Verify from official sources and consult a qualified professional before any business, lending or investment decision.
If you represent this company and believe any information is inaccurate or outdated,
report it here and we will review promptly.
