Kanara Consumer Products ( Formerly Known As Kurl-on Limited) Unlisted Shares

Kanara Consumer Products ( Formerly Known As Kurl-on Limited) Unlisted Shares

Fundamentals

Kanara Consumer Products ( Formerly Known As Kurl-on Limited)
₹1025 Per Equity Share

Lot Size 50 Shares

52 Week High 1250

52 Week Low 1025

Depository NSDL & CDSL

PAN Number AABCK2150K

ISIN Number INE781F01032

CIN U68100KA1962PLC001443

RTA Purva Sharegistry (India)
Market Cap (in cr.) 1525

P/E Ratio 17.53

P/B Ratio 1.19

Debt to Equity 0

ROE (%) 6.85

Book Value 860.21

Face Value 10

Total Shares 14878750

P&L Statement

P&L Statement 2022 2023 2024 2025
Revenue 88 0.63 0.5 0.7
Cost of Material Consumed 69 0.1 0.04 0
Change in Inventory -0.45 0 -0.12 0.1
Gross Margins 21.59 84.13 92 85.71
Employee Benefit Expenses 6 1.6 1.94 3
Other Expenses 18 1.8 11 13
EBITDA -4.55 -9.67 -12.36 -15.4
OPM -5.17 -1534.92 1641 -2200
Other Income 21 -122 2 125
Finance Cost 1 6 3 0.15
D&A 6 4 -2472 2.41
EBIT -10.55 -13.67 -15.36 -17.81
EBIT Margins -11.99 -2169.84 -3072 -2544.29
PBT 9 -142 1624 107
PBT Margins 10.23 -22539.68 324800 15285.71
Tax -1 4 366 20
PAT 10 -146 1258 87
NPM 11.36 -23174.6 251600 12428.57
EPS 6.72 -98.12 845.43 58.47

Financial Ratios

Financial Ratios 2022 2023 2024 2025
Operating Profit Margin -5.17 -1534.92 -2472 -2200
Net Profit Margin 11.36 -23174.6 251600 12428.57
Earning Per Share (Diluted) 6.72 -98.12 845.43 58.47

Balance Sheet

Assets 2022 2023 2024 2025
Fixed Assets 154 152 89 63
CWIP 1 0 0 0
Investments 47 177 164 800
Trade Receivables 0 2 0 0
Inventory 17 13 -0.11 0.02
Other Assets 89 39 1086.89 515.98
Total Assets 308 383 1340 1379

Liabilities

Liabilities 2022 2023 2024 2025
Share Capital 14.88 14.88 14.88 14.88
FV 10 10 10 10
Reserves 191 41 1302 1255
Borrowings 30 22 0 3.7
Trade Payables 11 8 12 3.4
Other Liabilities 61.12 297.12 11.12 102.02
Total Liabilities 308 383 1340 1379

Cash-Flow Statement

Cash-Flow Statement 2022 2023 2024 2025
PBT 9 -142 1624 107
OPBWC 5.86 141.75 -389.49 -16
Change in Receivables 0 -2 -2.35 0
Change in Inventories -4 4 -1.16 0.1
Change in Payables 4.5 -3 14 -9
Other Changes -12.36 15.25 -162 130.9
Working Capital Change -11.86 14.25 -151.51 122
Cash Generated From Operations -6 156 -541 106
Tax -4 0 0 -23
Cash Flow From Operations -10 156 -541 83
Purchase of PPE -16 -37.6 -0.87 -16
Sale of PPE 0 0.1 68 5
Cash Flow From Investment 2 -139 1045 -405
Borrowing 10 -8 -22.42 4
Dividend 3 1.5 0 -14
Equity 0 0 0 -119
Others From Financing -7 11 -1.58 0
Cash Flow from Financing 6 -16 -24 -129
Net Cash Generated -2 1 480 -451
Cash at the Start 2 0.04 1 481
Cash at the End 0 1.04 481 30

Shareholding Pattern

Manipal Holdings Private Limited 48.27%
Maha Rashtra Apex Corporation Limited 38.25%
Others 0.95%
Manipal Holdings Private Limited 48.27%
Maha Rashtra Apex Corporation Limited 38.25%
Others 13.47%
Manipal Holdings Private Limited 48.27%
Maha Rashtra Apex Corporation Limited 38.25%
Others 13.47%
Manipal Holding Private Limited 48.28%
Maharashtra Apex Corporation Limited 40.42%
Others 11.3%

Promoters or Management

Name Designation Experience LinkedIn Profile
Mrs. Jyothi Ashish Pradhan CFO 18 Yrs
Mr. Abhilash Kamti CFO 20


Kanara Consumer Products, previously known as Kurl-on Limited, is a leading player in India’s mattress and home-comfort solutions industry. Founded with a strong legacy in rubberized coir mattresses, the company has evolved into a comprehensive consumer comfort brand offering a wide range of products, including spring mattresses, foam mattresses, furniture, pillows, and home furnishings. The rebranding to Kanara Consumer Products marks a strategic shift toward a broader consumer goods identity, signaling the company’s expansion beyond mattresses into diversified lifestyle and home products. Backed by decades of brand trust, strong distribution, and a pan-India presence, the company continues to hold a significant share in the organized mattress market.

The company has invested heavily in modernizing its manufacturing infrastructure, adopting advanced technologies, and strengthening supply chain efficiency. With multiple manufacturing units across India, Kanara Consumer Products ensures high production capacity, quality consistency, and faster market reach. The brand’s emphasis on innovation—such as orthopedic mattresses, eco-friendly materials, and premium comfort technologies—has helped it stay competitive in a market increasingly driven by consumer awareness and lifestyle upgrades. Additionally, the company’s strong retail footprint through exclusive brand outlets, franchise stores, and multi-brand channels enhances its national visibility and accessibility. The shift toward e-commerce and digital retail has also helped expand its customer base, particularly among urban and online-savvy buyers.

From an investment perspective, Kanara Consumer Products’ unlisted shares offer exposure to India’s growing home-comfort and lifestyle sector, which is witnessing strong demand due to rising incomes, urbanization, and increased focus on wellness and sleep quality. The company’s strong brand equity and diversified product strategy position it well for long-term growth. However, prospective investors should consider factors such as competition from emerging D2C mattress brands, raw material price fluctuations, and the overall performance of the consumer goods sector. Despite these factors, Kanara Consumer Products remains a stable and trusted brand with promising prospects in the evolving Indian home-comfort market.

FAQs about Kanara Consumer Products ( Formerly Known As Kurl-on Limited) Unlisted Shares


Q:1 How do I confirm the booking of Kanara Consumer Products unlisted shares?

Answer: You can confirm the booking by contacting us and agreeing on a trading price for the shares.

Q:2 What documents do I need to provide when buying Kanara Consumer Products unlisted shares?Answer: You need to provide your client master report, PAN Card, and a cancelled cheque if you are not transferring funds from the bank account mentioned in the CMR Copy.These documents are required for KYC compliance as per SEBI regulations.

Q:3 How will I receive the bank details for the fund transfer?

Answer: After confirming your booking, we will provide you with the necessary bank details where you need to transfer the funds.

Q:4 What payment methods are accepted for purchasing the shares?

Answer: Payments can be made via RTGS, NEFT, IMPS, or cheque transfer.Cash deposits are not accepted.

Q:5 Can I pay for the shares from any bank account?

Answer: No, payment must be made from the same bank account that is mentioned in the CMR Copy, where the shares will be credited.

Q:6 Is there a specific time frame for making the payment after booking the shares?Answer: While there is no specific time frame mentioned, it is advisable to complete the payment promptly after booking to ensure a smooth transaction.

Q:7 What happens if I do not provide the required KYC documents?Answer: Without the necessary KYC documents, we will not be able to process your request to buy Kanara Consumer Products unlisted shares as it is required by SEBI regulations.

Q:8 Is there a limit on the number of unlisted shares I can purchase?

Answer: There is no specified limit on the number of shares you can purchase, but it is advisable to check with us for any specific conditions that may apply.



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