About Duroflex Limited
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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 91 cases involving the company, including 64 filed by the company and 28 filed against it; 15 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. 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.
Company details
Name history
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
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 |
Contact details
Duroflex Limited's registered office is in Alappuzha, Kerala.
- 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
Brands
Duroflex operates one associated brand: Duroflex. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Internet first brand of mattresses | duroflexworld.com |
Business activity
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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Duroflex Limited, buy the company report.
Financials of Duroflex Limited
FY 2025 filings availableDuroflex Limited reported revenue of ₹1,152.95 Cr (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹97.98 Cr | ||||
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| Net Profit (PAT) | ₹47.16 Cr | ||||
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Financial Ratios
| 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% | ||||
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To see the full financial statements and ratios of Duroflex Limited, buy 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 11 Months | Current |
| Pawan Agrawal | Director | 09 Sep 2025 | 1 Years 1 Months | Current |
| Shreyans Daga | Director | 22 Sep 2025 | 1 Years 1 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 7 Months | Current |
| Anusha Mahalingam | Director | 06 Oct 2025 | 1 Years 0 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jun 2023 | 100737468 | Axis Bank Limited | ₹67 Cr | Open | |
| 20 Jun 2018 | 100243338 | Hdfc Bank Limited | ₹32 Cr | Open | |
| 11 Aug 2017 | 100120971 | Yes Bank Limited | ₹35 Cr | Open | |
| 27 Nov 2013 | 10472869 | Hdfc Bank Limited | ₹170.75 Cr | Open | |
| 29 Jan 2021 | 100425004 | Hdfc Bank Limited | ₹45 Cr | Satisfied |
To see the full charge records of Duroflex Limited, buy the company report.
Total charge records: 30 View all charges
Deals & funding
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 |
To see the full deal history of Duroflex 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
Duroflex Limited has 91 court cases on record: 64 filed by Duroflex, 28 filed against it. 15 cases are pending and 76 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 45 | 14 | 5 |
| High courts | 36 | 13 | 3 |
| Supreme Court | 9 | 1 | 7 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 91)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Civil suit | Filed against the company by Sharp Detectives Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by Ms 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 Pvt.Ltd. and 2 others | Disposed |
| High Court, TELANGANA | Writ petition | Filed against the company by The Management of the Duroflex Coir Industries Pvt. Ltd., | Disposed |
To see the full case history of Duroflex 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
Duroflex Limited was last rated by Icra on 06 Apr 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 06 Apr 2021 |
To see the full credit ratings and regulatory alerts of Duroflex Limited, buy the company report.
MSME payment delays
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 |
To see the full MSME payment records of Duroflex Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
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 |
To see the full GST registrations and return filing status of Duroflex Limited, buy the company report.
Recent activity
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 in the company report.
News
Frequently asked questions
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 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
The latest financial statements of Duroflex on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
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 91 court cases on record: 64 filed by the company and 28 filed against it. 15 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.
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.
Duroflex has 23 MSME Form 1 returns on record between 2020 and 2024, listing 5,754 overdue payments to 231 micro and small suppliers. The latest return was filed on 01 May 2024.
Duroflex can be reached through the website duroflexworld.com. Its registered office is in Alappuzha, Kerala, India.