Modufurn

Surat, India Founded: 2012 • Age: 14 yrs
Provides custom modular furniture for kitchens, wardrobes, and interior projects.

About Modufurn

Modufurn is a Consumer company based in Surat (India) founded in 2012 by Dhaval Dhola and Mahipal Mistry. It provides custom modular furniture for kitchens, wardrobes, and interior projects. It operates on a B2B and D2C model. The company has 1 employees. Its Indian entity Modufurn Enterprise Private Limited reported revenue of β‚Ή3.54 Cr. Modufurn offers products and services including Modular Kitchens, Wardrobes, Turnkey Projects, Vanity Units, and Office Furniture. Its focus areas include Furniture, Commercial Furniture, Hotel and Office Solutions and Modular Furniture. Its competitors include 10Club, Nestasia and Fabindia; 2 of its 3 listed competitors have raised funding.

Company details

Modufurn designs and customizes modular kitchens, wardrobes, and vanity units to meet storage needs. They offer turnkey interior solutions, including managing and installing projects for offices, showrooms, and hotels. Based in Surat, India, the company uses high-quality materials and focuses on functional designs. Their services cater to residential and commercial clients seeking tailored furniture.

  • Headquarters Surat, India
  • Employees 1
  • Founders Dhaval Dhola, Mahipal Mistry
  • Sectors
    Consumer
  • Email
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  • Phone
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  • Website modufurn.in
  • Social Facebook Instagram
  • Legal Name Modufurn Enterprise Private Limited
  • Date of Incorporation 05 Jun, 2013
  • Jurisdiction Surat, Gujarat, India
Key Metrics
  • Annual Revenue
    ₹3.54 Cr

    FY 2021 · -68% YoY

  • Net Loss
    -₹77.9 Lakh

    FY 2021 · -22% margin

  • EBITDA
    -₹29.4 Lakh

    FY 2021 · -8% margin

  • Employee Count
    1

Products & Services of Modufurn

Modufurn offers a comprehensive portfolio of products and services, including Modular Kitchens, Wardrobes, Turnkey Projects, Vanity Units, and Office Furniture.

Modular Kitchens
Furniture Design

Customizable kitchens with high-quality designs for residential use.

Wardrobes
Storage Solutions

Sliding and openable wardrobes for clothing and shoe storage.

Turnkey Projects
Interior Services

Full interior design and installation for commercial spaces.

Vanity Units
Bathroom Furniture

Stylish vanity designs to enhance bathroom aesthetics.

Office Furniture
Commercial Furniture

Custom modular furniture for offices using quality materials.

Hotel Room Furniture
Hospitality Solutions

Furniture combining style and comfort for hotel rooms.

Board of directors of Modufurn Enterprise Private Limited (Modufurn)

Modufurn Enterprise Private Limited is the primary company behind Modufurn. The board of Modufurn Enterprise Private Limited currently have 4 directors; the longest-serving is Mahipal Mangilal Mistry, appointed in 2013. 6 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Mahipal Mangilal Mistry
DIN 06587003
Director05 Jun 201313 yrs 5 moModufurn Enterprise Private Limited
Dhavalkumar Govindbhai Dhola
DIN 06587009
Director05 Jun 201313 yrs 5 moModufurn Enterprise Private Limited
Chirag Janakbhai Patel
DIN 07954859
Director05 Oct 20179 yrs 1 moModufurn Enterprise Private Limited
Ravi Devrajbhai Kalathiya
DIN 07954822
Director05 Oct 20179 yrs 1 moModufurn Enterprise Private Limited

People of Modufurn

2 people are tracked at Modufurn (2 in leadership); the tracked headcount is 1.

NameRoleGroup
Dhaval Dhola
Co-Founder, DirectorLeadership
FounderLeadership
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Financials of Modufurn

Figures of Modufurn Enterprise Private Limited, the primary company behind Modufurn, for FY 2021. Revenue was ₹3.54 Cr (-68% year on year). Net loss was -₹77.9 Lakh (-22% margin). EBITDA was -₹29.4 Lakh (-8% margin). Revenue has grown at a compounded annual rate of -26% over three years and -8% over five years.

  • ₹3.54 CrRevenue · FY 2021 · -68% YoY
  • -₹77.9 LakhNet loss · -22% margin
  • -₹29.4 LakhEBITDA · -8% margin
  • ₹1.53 CrPaid-up capital
  • 1Employees (provident fund records)
  • -26%Revenue CAGR, 3 years
  • -8%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Modufurn Enterprise Private Limited are on its company page.

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Detailed financial statements for Modufurn

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Competitors of Modufurn

Modufurn has 3 listed competitors in our database, 2 of them funded. They include 10Club, Nestasia and Fabindia.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
10clubhomes.com2020Bengaluru, India$44.47M48
Multi-category home products are offered through an internet-first platform.
nestasia.in2018Kolkata, India$12.4M164
Internet-first brand of multi-category home improvement products
fabindia.com1960Delhi, India1,522
Internet first brand of ethnic wear, home furniture, and home decor products
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Detailed competitors of Modufurn

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Top companies in Home & Living Products

3 companies that operate in the same segment as Modufurn (Home & Living Products) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of interior design and renovation services for homes and offices
2014Bengaluru, Karnataka, IndiaUSD 511.55 MUSD 172.66 M4,353
Multi-category products are rented via subscription model.
2014Bengaluru, Karnataka, IndiaUSD 58.71 MUSD 14.82 M422
Internet-first brand offering multi-category home furniture
2012Bengaluru, Karnataka, IndiaUSD 108.06 MUSD 35.34 B43,024
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Frequently Asked Questions about Modufurn

Modufurn was founded in 2012.

Modufurn is headquartered in Surat, India. It is registered at Surat, Gujarat, India.

Modufurn has 1 employees.

The primary company behind Modufurn, Modufurn Enterprise Private Limited, reported revenue of β‚Ή3.54 Cr for FY 2021, down 68% year on year.

Modufurn designs and customizes modular kitchens, wardrobes, and vanity units to meet storage needs. They offer turnkey interior solutions, including managing and installing projects for offices, showrooms, and hotels. Based in Surat, India, the company uses high-quality materials and focuses on functional designs. Their services cater to residential and commercial clients seeking tailored furniture.

Modufurn's top competitors include Nestasia, Fabindia and 10Club.

Modufurn offers Modular Kitchens, Wardrobes, Turnkey Projects, Vanity Units, and 2 more products and services.

Modufurn operates through Modufurn Enterprise Private Limited.

The legal entities of Modufurn currently have 4 directors, including Chirag Janakbhai Patel, Mahipal Mangilal Mistry, Dhavalkumar Govindbhai Dhola and others.

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