- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0004600

About Duflon Industries Private Limited
Data last updated:
Duflon Industries Private Limited is a private limited company based in Raigad, Maharashtra, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 26 September 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25209MH1988PTC048964. Its GSTIN is 27AAACD1668G1ZR (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹6.65 Cr. It was formerly known as Duflon Polymers Pvt Ltd. It is led by directors Rajendra Chintamani Bhatt (Managing Director) and Shailesh Himatlal Mehta.
Its last annual general meeting (AGM) was held on 30 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at C – 101 MIDC Mahad, Raigad, Maharashtra, India – 402301.
As per the financials filed for FY 2024, the company reported a revenue of ₹274.97 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹26.98 Cr (net margin 9.8%) and EBITDA of ₹49.67 Cr (EBITDA margin 18.1%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 13% over five years.
The company has about 540 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Gols Cs and DuFlon. As per MCA filings, the company has open charges of ₹203.5 Cr and satisfied charges of ₹43.81 Cr on record. Court records list 33 cases involving the company, including 9 filed by the company and 24 filed against it; 6 cases are pending. The company has 29 deals on record (20 secondary share transfers, 9 funding rounds), with disclosed funding of ₹3.9 Cr; the latest was in December 2021. The company has 7 MSME Form 1 returns on record between 2019 and 2024, listing 349 overdue payments to 85 micro and small suppliers.
Duflon Industries Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0004600). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website duflon.com.
Company details
Recognitions & Rankings of Duflon Industries
Contact details
Duflon Industries Private Limited's registered office is in Raigad, Maharashtra. Its website is duflon.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressC – 101 MIDC Mahad, Raigad, Maharashtra, India – 402301
- IndustryMachinery and Equipment, Industrial Tools & Components, Industrial Control Valves & Systems
To see the full contact details of Duflon Industries Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Duflon Industries operates two associated brands: GOLS CS and DuFlon. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers online coaching classes for various educational needs. | golscscoaching.in | |
| Manufacturing of fluoropolymer parts and industrial solutions. | duflon.com |
Business activity
The main business activity of Duflon Industries is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products and metal and metal products. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | |
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Duflon Industries Private Limited, buy the company report.
Financials of Duflon Industries Private Limited
FY 2024 filings availableDuflon Industries Private Limited reported revenue of ₹274.97 Cr (up 12% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 12% growth in the latest year. EBITDA rose 25% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹49.67 Cr | ||||
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| Net Profit (PAT) | ₹26.98 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 18.1% | ||||
| Net Profit Margin | 9.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Duflon Industries Private Limited, buy the company report.
Board of directors of Duflon Industries Private Limited
Duflon Industries has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shailesh Himatlal Mehta Also directs: Dumetals Recycling and Alloys Private Limited, Gols Edtech Private Limited, Gols Private Limited and 1 more | Director | 26 Sep 1988 | 38 Years 1 Months | Current |
| Rajendra Chintamani Bhatt Also directs: Dumetals Recycling and Alloys Private Limited | Managing Director | 20 Dec 1990 | 35 Years 10 Months | Current |
Auditor
Duflon Industries Private Limited is audited by Desai Saksena & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Desai Saksena & Associates | FY 2023 | 102358W |
Shareholding
The shareholding of Duflon Industries Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Duflon Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Dec 2025 | 101207371 | Hdfc Bank Limited | ₹9.6 Cr | Open | |
| 08 Oct 2025 | 101172953 | Others | ₹15 Cr | Open | |
| 16 Sep 2025 | 101173907 | Others | ₹9.5 Cr | Open | |
| 10 Sep 2025 | 101173898 | Others | ₹30 Cr | Open | |
| 28 Jul 2025 | 101172214 | Others | ₹40 Lakh | Open |
To see the full charge records of Duflon Industries Private Limited, buy the company report.
Total charge records: 30 View all charges
Deals & funding
Duflon Industries Private Limited has 29 deals on record (20 secondary share transfers, 9 funding rounds), with disclosed funding of ₹3.9 Cr; the latest was in December 2021.
Deals on record (5 of 29)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Mar 2011 | Funding round | ₹52.7 Lakh | Investors: Infinity Data Technologies Private Limited, Izna Business Solutions Private Limited , an individual |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Duflon International Ltd , 3 individuals |
| Mar 2007 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Duflon International Ltd , Shailesh Mehta HUF, Mehta Family Trust No 2, an individual |
| Mar 2006 | Funding round | ₹1.11 Cr | Investors: Duflon International Ltd , 3 individuals |
To see the full deal history of Duflon Industries Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Duflon Industries Private Limited has 33 court cases on record: 9 filed by Duflon Industries, 24 filed against it. 6 cases are pending and 27 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 21 | 12 | 3 |
| District courts | 10 | 10 | 3 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 33)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Company petition | Filed against the company by Creative Castings Ltd. | Disposed |
| Bombay High Court | Court case (SS) | Filed against the company by Modern Cargo Services Pvt. Ltd. | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Principal Commisioner of Income Tax Central 4 | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Principal Commissioner of Income Tax 1 | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed against the company by Assistant/Deputy Registrar of Companies Mumbai | Pending |
To see the full case history of Duflon Industries Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Duflon Industries Private Limited was last rated by Care on 05 Apr 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 05 Apr 2022 |
To see the full credit ratings and regulatory alerts of Duflon Industries Private Limited, buy the company report.
MSME payment delays
Duflon Industries Private Limited has 7 MSME Form 1 returns on record between 2019 and 2024, listing 349 overdue payments to 85 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 85)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Balaji Blasting Corporation | |||
| an individual supplier | |||
| Total Movements Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Duflon Industries Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Duflon Industries Private Limited has a workforce of 540 employees on its EPFO records as of Apr 08, 2024, across 2 active EPFO establishments.
GST
Duflon Industries has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACD1668G1ZR | Maharashtra | Active | 01 Jul 2017 |
| 24AAACD1668G1ZX | Gujarat | Active | 01 Jul 2017 |
| 24AAACD1668G1D6 | Gujarat | Active | 13 Dec 2024 |
To see the full GST registrations and return filing status of Duflon Industries Private Limited, buy the company report.
Recent activity
Duflon Industries Private Limited has 8 board changes on record since 1988: 2 appointments and 6 cessations. The latest: Suhass Vasudeo Vaidya ceased to be Company Secretary on 03 Jan 2022.
46 earlier events are in the company report.
Frequently asked questions
Duflon Industries is an active private limited company based in Raigad, Maharashtra, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 26 September 1988 (38+ years old) and is registered under CIN U25209MH1988PTC048964.
Duflon Industries has 2 current directors:
- Rajendra Chintamani Bhatt - Managing Director
- Shailesh Himatlal Mehta - Director
The latest financial statements of Duflon Industries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 December 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Duflon Industries is 27AAACD1668G1ZR, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 24AAACD1668G1ZX (Gujarat), 24AAACD1668G1D6 (Gujarat).
The CIN (Corporate Identification Number) of Duflon Industries is U25209MH1988PTC048964. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Duflon Industries has 33 court cases on record: 9 filed by the company and 24 filed against it. 6 are pending. Most are in the high courts.
Duflon Industries was incorporated on 26 September 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.
Duflon Industries has 29 deals on record (20 secondary share transfers, 9 funding rounds), with disclosed funding of ₹3.9 Cr; the latest was in December 2021.
Suhass Vasudeo Vaidya ceased to be Company Secretary on 03 Jan 2022. Jayshankar Aiyar ceased to be Additional Director on 29 Sep 2017. Daljit Singh Gandhum ceased to be Additional Director on 30 Sep 2016. Duflon Industries has 8 board changes on record in total.
Yes, Duflon Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0004600).
Duflon Industries has 7 MSME Form 1 returns on record between 2019 and 2024, listing 349 overdue payments to 85 micro and small suppliers. The latest return was filed on 13 May 2024.

