Duroflex Private Limited

Manufacturer of mattresses, pillows, and cushions for homes, hospitality, and healthcare industries.

1981 | Alappuzha, Kerala (India) | Active
Last Updated:

Duroflex Profile

Key Indicators

  • Authorised Capital ₹ 11.20 Cr
  • Paid Up Capital ₹ 5.98 Cr
  • Company Age 43 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 433.28 Cr
  • Satisfied Charges ₹ 117.51 Cr
  • Revenue Growth 4.99%
  • Profit Growth -72.28%
  • Ebitda 57.10%
  • Net Worth 0.92%
  • Total Assets 2.76%

About Duroflex

Duroflex Private Limited (DPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 November 1981 and has a history of 43 years and five months. Its registered office is in Alappuzha, Kerala, India.

The Corporate was formerly known as Duroflex Coir Industries Private Limited. The Company is engaged in the Consumer Goods Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 11.20 Cr and a paid-up capital of Rs 5.98 Cr.

The company currently has active open charges totaling ₹433.28 Cr. The company has closed loans amounting to ₹117.51 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Duroflex Private Limited India are Solly Mathew as Company Secretary, Rajat Rastogi as Cfo, and Sridhar Balakrishnan as Ceo. Anshul Jain, Jacob George, Mathew Chandy, and Three other members serve as directors at the Company.

Company Details

  • Location

    Alappuzha, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U36104KL1981PTC003447

  • Company No.

    003447

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Nov 1981

  • Date of AGM

    12 Dec 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Consumer Goods

What products or services does Duroflex Private Limited offer?

Duroflex Private Limited offers a wide range of products and services, including PU Foam, Coir & Jute Mattresses, Mattress Accessories, Foam Sheet, Bed Mattress, Cushion & Cushion Covers, Furniture Cushion, Spring Mattress, Duroflex Bed Mattress, Sleeping Mattress, Medical Mattress.

Company report

Duroflex Private Limited

Explore comprehensive data for Duroflex Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Duroflex?

Executive Team (4)

NameDesignationAppointment DateStatus
Solly Mathew Company Secretary12-Dec-2001Current
Rajat Rastogi CFO27-Feb-2024Current
Sridhar Balakrishnan Country flag representing In CEOCurrent
Mathew Chandy Country flag representing In Managing Director23-Apr-2012Current

Board Members (5)

NameDesignationAppointment DateStatus
Mathew Joseph Country flag representing In Whole-Time Director 18-Mar-2011Current
Anshul Jain Country flag representing In Nominee Director 13-May-2019Current
Jacob George Country flag representing In Whole-Time Director 04-Jun-2013Current
Mathew George Country flag representing In Whole-Time Director 18-Mar-2011Current
Stanley Kunjippalu Country flag representing In Director 18-Mar-2011Current

Financial Performance of Duroflex.

Duroflex Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.99% increase. The company also saw a substantial fall in profitability, with a 72.28% decrease in profit. The company's net worth moved up by a moderate rise of 0.92%.

Duroflex revenue growth over time
Duroflex profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
4.99%
Revenue from Operations
3.22%
Total Assets
2.76%
Profit or Loss
-72.28%
Net Worth
0.92%
EBITDA
57.10%

What is the Ownership and Shareholding Structure of Duroflex?

In 2023, Duroflex had a promoter holding of 66.45% and a public holding of 33.55%. The company had 4 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹433.28 Cr

Satisfied Charges

₹117.51 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 321.18 Cr
  • Axis Bank Limited : 67.00 Cr
  • Yes Bank Limited : 45.00 Cr
  • Bank Of Maharashtra : 0.10 Cr

Latest Charge Details

DateLenderAmountStatus
27 Jun 2023Axis Bank Limited₹67.00 CrOpen
29 Jan 2021Hdfc Bank Limited₹45.00 CrOpen
29 Nov 2019Hdfc Bank Limited₹45.00 CrOpen
20 Jun 2018Hdfc Bank Limited₹60.43 CrOpen
01 Sep 2017Yes Bank Limited₹10.00 CrOpen

How Many Employees Work at Duroflex?

Duroflex has a workforce of 527 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Duroflex Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Duroflex, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Duroflex's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Duroflex

Recent activity within the organization

  • Director Appointment

    Rajat Rastogi was appointed as a Cfo was appointed as a Cfo on 27 Feb 2024 & has been associated with this company since 1 year 1 month .

  • Annual General Meeting

    Duroflex Private Limited last Annual general meeting of members was held on 12 Dec 2023 as per latest MCA records.

  • Charges

    A charge with Yes Bank Limited of Rs. 10.00 Cr registered on 01 Sep 2017 with Charge ID 100127934 was modified on 18 Jul 2023.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 67.00 Cr with Charge ID 100737468 was registered on 27 Jun 2023.

  • Balance Sheet

    Duroflex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ernakulam.

  • Charges

    A charge registered on 18 Jul 2017 via Charge ID 100114443 with Others was fully satisfied on 01 Feb 2023.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Duroflex Private Limited?

    Duroflex Private Limited was incorporated on 09 Nov 1981.

  • What is authorized share capital and paid-up capital of Duroflex Private Limited?

    The authorized share capital of Duroflex Private Limited is ₹ 11.20 Cr and paid-up capital is ₹ 5.98 Cr.

  • Who are the current board members & directors of Duroflex Private Limited?

    Currently 9 directors are associated with Duroflex Private Limited.

    • Solly Mathew
    • Rajat Rastogi
    • Sridhar Balakrishnan
    • Anshul Jain
    • Jacob Joseph George
    • Mathew Chandy
    • Mathew George
    • Mathew Antony Joseph
    • Stanley Kunjippalu

  • What is the registered address of Duroflex Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Duroflex Private Limited is P B No 3808Chungom India, Alleppey, Kerala, 688011.

  • What is the corporate identification number (CIN) and company number of Duroflex Private Limited?

    The corporate identification number (CIN) of Duroflex Private Limited is U36104KL1981PTC003447 and the company number is 003447 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Duroflex Private Limited?

    The Official website of Duroflex Private Limited is https://www.duroflexworld.com

  • What has been the recent revenue trend for Duroflex Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Duroflex Private Limited has risen by 4.99%.

  • How many employees does Duroflex Private Limited currently have?

    As Per 2023 financial reports, 527 employees are currently employed by Duroflex Private Limited.

  • What change has been observed in the net worth of Duroflex Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Duroflex Private Limited has experienced an upsurge of 0.92%.

  • What are the total open charges for Duroflex Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Duroflex Private Limited amount to ₹ 433.28 Cr.

  • When was the last Balance Sheet of Duroflex Private Limited filed with the ROC?

    The most recent Balance Sheet for Duroflex Private Limited was filed with the ROC on 31 Mar 2023.

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