Duroflex Limited - Company Profile

Q: Who are the current directors of Duroflex Limited?

The current directors of Duroflex Limited are Rajat Rastogi, Sridhar Balakrishnan, Pawan Agrawal, Shreyans Daga, Mathew Antony Joseph, Anusha Mahalingam, Mathew George, Amita Maheshwari, Mathew Chandy, Jacob Joseph George.

It is a consumer goods public limited company based in Alappuzha, Kerala, India, established in 1981.

1981 Alappuzha, Kerala, India Active

Last Updated: January 09, 2026

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About Duroflex Limited

Duroflex Limited, a active public limited company, was established on 09 November 1981 in Alappuzha, Kerala, India. Engaging in home furnishings manufacturing within the manufacturing sector, it holds CIN: U36104KL1981PLC003447. Registered under ROC Roc Ernakulam. it is unlisted. It has an authorized capital of ₹11.20 Cr and a paid-up capital of ₹9.56 Cr.

Formerly known as Duroflex Coir Industries Private Limited, Duroflex Limited. It upholds a compliant status. Employing 527 professional, Its leadership includes Rajat Rastogi (Cfo), Sridhar Balakrishnan (Ceo), Pawan Agrawal (Director). Past directors included Firdosh Hector Sholapurwala, Shaji Joseph, Ramesh Jude Thomas. It holds ₹304.75 Cr open charges and ₹217.51 Cr settled loans. Its latest AGM occurred on 25 September 2025, with the balance sheet filed on 31 March 2025. It is based at P B No 3808, Alappuzha, Kerala, 688011.

Company Details

CIN/LLPIN
U36104KL1981PLC003447
Registration Number
003447
Incorporation Date
09 November 1981
Authorized Capital
₹11.20 Cr
Paid-Up Capital
₹9.56 Cr
ROC Code
Roc Ernakulam
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 11.20 Cr as on 09-01-2026
Paid Up Capital ₹ 9.56 Cr as on 09-01-2026
Company Age 44 Year, 7 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 304.75 Cr as on 09-01-2026
Satisfied Charges ₹ 217.51 Cr as on 09-01-2026

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

Current Directors

Name	Designation	Appointment Date	Status
Rajat Rastogi	Cfo	07 Sep 2022	Current
Sridhar Balakrishnan	Ceo	20 Nov 2023	Current
Pawan Agrawal	Director	09 Sep 2025	Current
Shreyans Daga	Director	22 Sep 2025	Current
Mathew Antony Joseph	Whole-Time Director	18 Mar 2011	Current
Anusha Mahalingam	Director	06 Oct 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	18 Feb 2015	Past
Pramod Abcsdd	Whole-Time Director	13 Aug 2013	Past
Pramod Abcsdd	Additional Director	29 Sep 2016	Past
Pramod Abcsdd	Cfo	03 Sep 2022	Past
Pramod Abcsdd	Additional Director	09 Sep 2025	Past
Pramod Abcsdd	Additional Director	24 Sep 2025	Past

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Financial Performance of Duroflex.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

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(FY 2020)

(FY 2019)

Total Revenue

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EBITDA

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What is the Ownership and Shareholding Structure of Duroflex?

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Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹3,047,500,000.00

Satisfied Charges

₹2,175,085,250.00

Charges Breakdown by Lending Institutions

Hdfc Bank Limited : 202.75 Cr
Axis Bank Limited : 67.00 Cr
Yes Bank Limited : 35.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
27 Jun 2023	Axis Bank Limited	₹67.00 Cr	Open
20 Jun 2018	Hdfc Bank Limited	₹32.00 Cr	Open
11 Aug 2017	Yes Bank Limited	₹35.00 Cr	Open
27 Nov 2013	Hdfc Bank Limited	₹170.75 Cr	Open
29 Jan 2021	Hdfc Bank Limited	₹45.00 Cr	Satisfied

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How Many Employees Work at Duroflex?

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Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

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Rating

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Alerts

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Latest Updates, News, and FAQs on Duroflex

Recent Activity within the Organization

Director Appointment

Progress on Anusha Mahalingam was appointed as a Director was appointed as a Director on 06 Oct 2025 & has been associated with this company since 8 months 3 days . was documented.
06 Oct 2025
Annual General Meeting

Progress on Duroflex Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records. was documented.
25 Sep 2025
Director Appointment

The activity Shreyans Daga was appointed as a Director was appointed as a Director on 22 Sep 2025 & has been associated with this company since 8 months 17 days . was completed.
22 Sep 2025
Director Appointment

Progress on Pawan Agrawal was appointed as a Director was appointed as a Director on 09 Sep 2025 & has been associated with this company since 9 months . was documented.
09 Sep 2025
Director Appointment

Progress on Amita Maheshwari was appointed as a Director was appointed as a Director on 09 Sep 2025 & has been associated with this company since 9 months . was documented.
09 Sep 2025
Charges

A charge registered on 01 Sep 2017 via Charge ID 100127934 with Yes Bank Limited was fully satisfied on 09 May 2025. was recorded as a recent event.
09 May 2025

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