About Duroflex Limited
Data last updated:
Duroflex Limited is a public limited company based in Alappuzha, Kerala, India. It operates in the home furnishings manufacturing segment of the consumer goods sector. It was incorporated on 09 November 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U36104KL1981PLC003447. Its GSTIN is 32AABCD8855E1ZS (Kerala). The company holds 24 GST registrations, of which 18 are active.
The company has an authorised share capital of ₹11.2 Cr and a paid-up capital of ₹9.56 Cr. It was formerly known as Duroflex Coir Industries Private Limited. It is led by directors including Jacob Joseph George (Managing Director) and Mathew Antony Joseph (Whole-Time Director).
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at P B No 3808, Alappuzha, Kerala, India – 688011.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,152.95 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹47.16 Cr (net margin 4.1%) and EBITDA of ₹97.98 Cr (EBITDA margin 8.5%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 22% over five years.
The company has about 527 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Duroflex. As per MCA filings, the company has open charges of ₹304.75 Cr and satisfied charges of ₹217.51 Cr on record. Court records list 81 cases involving the company, including 56 filed by the company and 23 filed against it; 10 cases are pending. The company has 15 deals on record (12 secondary share transfers, 3 funding rounds), with disclosed funding of ₹614.48 Cr; the latest was in October 2021. Its 10 peer companies in the Consumer Products industry (Furniture, Home Furnishings Manufacturers) are compared by revenue, 5 larger and 5 smaller; the largest is Orient Craft Limited with revenue of ₹2,045.2 Cr. The company has 23 MSME Form 1 returns on record between 2020 and 2024, listing 5,754 overdue payments to 231 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website duroflexworld.com.
- EmailLocked
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- WebsiteLocked
- Social Media
- Registered AddressP B No 3808, Alappuzha, Kerala, India – 688011
- IndustryConsumer Goods, Home Furnishings Manufacturing
- 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
- One PDF report, delivered after checkout
Business Activity of Duroflex Limited
The main business activity of Duroflex is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Duroflex Limited FY 2025 filings available
Duroflex Limited reported revenue of ₹1,152.95 Cr (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Duroflex Limited
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 4% growth in the latest year. EBITDA rose 56% 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 of Duroflex Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹97.98 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹47.16 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Duroflex Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.1% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Duroflex are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Duroflex Limited
Duroflex Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Furniture, Home Furnishings Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Orient Craft Limited | ₹2,045.2 Cr (FY 2020) | •••• | •••• | -8.0% | •••• | Gurgaon, Haryana, India |
| Nandan Terry Limited | ₹1,454.8 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Mumbai, Maharashtra, India |
| Indian Designs Exports Private Limited | ₹1,447.82 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Ahmedabad, Gujarat, India |
| Wakefit Innovations Limited | ₹1,305.43 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Bangalore, Karnataka, India |
| Vamani Overseas Private Limited | ₹1,170.06 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | New Delhi, Delhi, India |
| Duroflex Limited this company | ₹1,152.95 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Alappuzha, Kerala, India |
| Anj Turnkey Projects Private Limited | ₹1,147.05 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | Mumbai, Maharashtra, India |
| Zuari Industries Limited Listed | ₹1,082.48 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Goa, India |
| Fa Home and Apparel Private Limited | ₹1,068.73 Cr (FY 2025) | •••• | •••• | 88.0% | •••• | Haryana, India |
| Radnik Exports Global Private Limited | ₹954.05 Cr (FY 2025) | •••• | •••• | 149.0% | •••• | New Delhi, Delhi, India |
| D'decor Home Fabrics Private Limited | ₹912.35 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Andheri East Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Duroflex by revenue in the Consumer Products industry (Furniture, Home Furnishings Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors and KMP of Duroflex Limited
Duroflex Limited currently reports 8 directors and 2 key managerial personnel. 22 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajat Rastogi | Cfo | 07 Sep 2022 | 4 Years 1 Months | Current |
| Sridhar Balakrishnan Also directs: Safari Industries (India) Limited, Safari Manufacturing Limited, Enduro Consumer Labs Private Limited and 1 more | Ceo | 20 Nov 2023 | 2 Years 10 Months | Current |
| Pawan Agrawal | Director | 09 Sep 2025 | 1 Years 1 Months | Current |
| Shreyans Daga | Director | 22 Sep 2025 | 1 Years 0 Months | Current |
| Mathew Antony Joseph Also directs: Shivaarna Technofoams Private Limited, Comfortek Advanced Products LLP, Coco-Latex Exports Private Limited and 5 more | Whole-Time Director | 18 Mar 2011 | 15 Years 6 Months | Current |
| Anusha Mahalingam | Director | 06 Oct 2025 | 1 Years 0 Months | Current |
Charges & Borrowings of Duroflex Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jun 2023 | Axis Bank Limited | ₹67 Cr | Open |
| 20 Jun 2018 | Hdfc Bank Limited | ₹32 Cr | Open |
| 11 Aug 2017 | Yes Bank Limited | ₹35 Cr | Open |
| 27 Nov 2013 | Hdfc Bank Limited | ₹170.75 Cr | Open |
| 29 Jan 2021 | Hdfc Bank Limited | ₹45 Cr | Satisfied |
Total charge records: 30 View all charges
Deals & Funding of Duroflex Limited
Duroflex Limited has 15 deals on record (12 secondary share transfers, 3 funding rounds), with disclosed funding of ₹614.48 Cr; the latest was in October 2021.
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2020 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2018 | Secondary share transfer | Undisclosed | Buyer: Coco-Latex Exports Private Limited , 3 individuals Seller: an individual |
| Jan 2018 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
| Sep 2017 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 4 individuals |
Full deal history
All 15 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Duroflex Limited
Duroflex Limited has 81 court cases on record: 56 filed by Duroflex, 23 filed against it, 2 where it is another party. 10 cases are pending and 71 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 44 | 14 | 5 |
| High courts | 35 | 9 | 3 |
| Supreme Court | 2 | 0 | 2 |
Cases on record (5 of 81)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Civil suit | Filed against the company by Sharp Detectives Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Interim or miscellaneous application | Filed by the company against Indo Arya Central Transport Limited | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by Indo Arya Central Transport Limited | Disposed |
| High Court of Karnataka | Court case (MFA) | Filed against the company by Naturaflex Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Interim or miscellaneous application | Filed against the company by Naturaflex Private Limited | Disposed |
Full case history
All 81 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
MSME Payment Delays by Duroflex Limited
Duroflex Limited has 23 MSME Form 1 returns on record between 2020 and 2024, listing 5,754 overdue payments to 231 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 231)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Jacquard Fabrics (India) Private Limited | •••• | •••• | •••• |
| Sarva Foam Industries Limited | •••• | •••• | •••• |
| Texbond Nonwovens | •••• | •••• | •••• |
| Andromeda Packaging Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 23 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Duroflex Limited
Duroflex operates one associated brand: Duroflex. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Internet first brand of mattresses | duroflexworld.com |
Employees and EPFO Compliance at Duroflex Limited
Employment history and EPFO contributions of people linked to Duroflex.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Name History of Duroflex Limited
Duroflex has undergone 2 name changes throughout its history. The company was previously known as Duroflex Coir Industries Private Limited, and Duroflex Limited. The current legal name is Duroflex Limited.
| Company Name | Status |
|---|---|
| Duroflex Limited | Current |
| Duroflex Coir Industries Private Limited | Previous |
CIN History of Duroflex Limited
Duroflex has one previous CIN (Corporate Identification Number): U36104KL1981PTC003447. The current CIN is U36104KL1981PLC003447, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U36104KL1981PLC003447 | Current |
| U36104KL1981PTC003447 | Previous |
Recent Activity on Duroflex Limited
Duroflex Limited has 32 board changes on record since 2007: 10 appointments and 22 cessations. The latest: Anusha Mahalingam was appointed as Director on 06 Oct 2025.
97 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Duroflex Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Duroflex Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Duroflex Limited
Duroflex has 24 GST registrations: 18 active and 6 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AABCD8855E1ZS | Kerala | Active | 01 Jul 2017 |
| 27AABCD8855E1ZJ | Maharashtra | Active | 01 Jul 2017 |
| 29AABCD8855E1ZF | Karnataka | Active | 01 Jul 2017 |
| 33AABCD8855E1ZQ | Tamil Nadu | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Duroflex Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Duroflex Limited
Frequently Asked Questions about Duroflex Limited
Duroflex is an active public limited company based in Alappuzha, Kerala, India. The company works in home furnishings manufacturing, within the consumer goods industry. It was incorporated on 09 November 1981 (45+ years old) and is registered under CIN U36104KL1981PLC003447.
Duroflex reported revenue of ₹1,152.95 Cr for FY 2025 (up 4% YoY).
Duroflex has 10 current directors and KMP:
- Jacob Joseph George - Managing Director
- Mathew Antony Joseph - Whole-Time Director
- Mathew George - Whole-Time Director
- Mathew Chandy - Whole-Time Director
- Pawan Agrawal - Director
- Shreyans Daga - Director
- Anusha Mahalingam - Director
- Amita Maheshwari - Director
- Rajat Rastogi - Cfo
- Sridhar Balakrishnan - Ceo
Duroflex reported a net profit of ₹47.16 Cr (net margin 4.1%) and EBITDA of ₹97.98 Cr (EBITDA margin 8.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Duroflex is 9% over three years and 22% over five years. In the latest year (FY 2025) revenue rose 4%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Duroflex is 32AABCD8855E1ZS, registered in Kerala. The company has 24 GST registrations in all, of which 18 are active and 6 are cancelled or inactive. Other active GSTINs include 27AABCD8855E1ZJ (Maharashtra), 29AABCD8855E1ZF (Karnataka), 33AABCD8855E1ZQ (Tamil Nadu).
The CIN (Corporate Identification Number) of Duroflex is U36104KL1981PLC003447. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Duroflex has 81 court cases on record: 56 filed by the company and 23 filed against it. 10 are pending. Most are in the district courts.
Duroflex was incorporated on 09 November 1981, making it 45+ years old. It is registered with the Registrar of Companies, Ernakulam.
Duroflex has 15 deals on record (12 secondary share transfers, 3 funding rounds), with disclosed funding of ₹614.48 Cr; the latest was in October 2021.
The peers of Duroflex by revenue are Orient Craft Limited, Nandan Terry Limited, Indian Designs Exports Private Limited, Wakefit Innovations Limited, Vamani Overseas Private Limited and 5 more, all in the Consumer Products industry (Furniture, Home Furnishings Manufacturers).
Anusha Mahalingam was appointed as Director on 06 Oct 2025. Anusha Mahalingam ceased to be Additional Director on 06 Oct 2025. Shreyans Daga ceased to be Additional Director on 24 Sep 2025. Duroflex has 32 board changes on record in total.