Comrade Appliances Limited
COMRADE.BO
Bombay Stock Exchange32.00
INR
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Comrade Appliances Limited
COMRADE.BO
(Bombay Stock Exchange)
Recent
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32.00
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ROIC.AI
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- Business
- Comrade Appliances Limited is an Indian manufacturer and supplier of home appliances operating primarily under Original Equipment Manufacturer (OEM) and Original Design Manufacturer (ODM) business models. The company produces a broad range of consumer durable goods including air coolers, electric geysers, washing machines, and air conditioners. Additionally, Comrade Appliances offers services such as plastic injection molding, metal pressing, assembly and packaging, and product design. It also manufactures plastic molded components for sectors including consumer durables, electronics, pharmaceuticals, automobiles, and toys, along with geyser parts, stainless steel tank assembly plates, and fire extinguisher components. The company serves customers across India from its headquarters in Mumbai and was incorporated in 2017. Recent developments include a significant contract secured in 2024 for a seven-year manufacturing partnership with Livpure Pvt. Ltd. to produce Livpure branded air coolers. The company has also achieved notable revenue growth with an annual increase of 97.33% as of the fiscal year 2025, outperforming its previous three-year compound annual growth rate, reflecting strong operational momentum. Comrade Appliances has continuously expanded its product portfolio and enhanced supply chain and quality controls to maintain long-term relationships with leading national and international consumer goods brands. This strategic focus supports its ongoing growth and operational scalability within the Indian consumer durables market. Comrade Appliances operates within the electrical appliances and consumer durables industry, targeting manufacturers, retailers, and consumer brands that require manufacturing and product design support. Its comprehensive product offerings and services position it as a key player in India's durable household appliance sector. The company continues leveraging strategic partnerships and contract manufacturing agreements to sustain business growth and product innovation.