| P&L Statement | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Revenue | 783.67 | 795 | 859 | 820 |
| Cost of Material Consumed | 340.45 | 452 | 471 | 524 |
| Change in Inventory | 13.2 | 4 | 17 | -1 |
| Gross Margins | 56.56 | 43.14 | 45.17 | 36.1 |
| Employee Benefit Expenses | 65.39 | 74 | 70 | 79 |
| Other Expenses | 262.59 | 246 | 259 | 230 |
| EBITDA | 102.04 | 19 | 43 | -12 |
| OPM | 13.02 | 2.39 | 5.01 | -1.46 |
| Other Income | 8.93 | 14 | 8 | 12 |
| Finance Cost | 5.26 | 6 | 7 | 6 |
| D&A | 31.76 | 36 | 36 | 25 |
| EBIT | 70.28 | -17 | 7 | -37 |
| EBIT Margins | 8.97 | -2.14 | 0.81 | -4.51 |
| PBT | 53.73 | -9 | 8 | -55 |
| PBT Margins | 6.86 | -1.13 | 0.93 | -6.71 |
| Tax | 23.84 | -3 | -2 | -4 |
| PAT | 29.89 | -6 | 10 | -51 |
| NPM | 3.81 | -0.75 | 1.16 | -6.22 |
| EPS | 8.18 | -1.64 | 2.74 | -13.96 |
| Financial Ratios | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Operating Profit Margin | 13.02 | 2.39 | 5.01 | -1.46 |
| Net Profit Margin | 3.81 | -0.75 | 1.16 | -6.22 |
| Earning Per Share (Diluted) | 8.18 | -1.64 | 2.74 | -13.96 |
| Assets | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Fixed Assets | 213.12 | 211 | 189 | 252 |
| CWIP | 7.19 | 4 | 1 | 0.55 |
| Investments | 111.31 | 107 | 16 | 10 |
| Trade Receivables | 49.29 | 56 | 55 | 69 |
| Inventory | 116.64 | 120 | 80 | 90 |
| Other Assets | 220.88 | 225 | 416 | 109.45 |
| Total Assets | 718.43 | 723 | 757 | 531 |
| Liabilities | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Share Capital | 18.27 | 18.27 | 18.27 | 18.27 |
| FV | 5 | 5 | 5 | 5 |
| Reserves | 465.49 | 443 | 451 | 265 |
| Borrowings | 12.39 | 7.5 | 17 | 0.13 |
| Trade Payables | 93.14 | 120 | 113 | 119 |
| Other Liabilities | 129.14 | 134.23 | 157.73 | 128.6 |
| Total Liabilities | 718.43 | 723 | 757 | 531 |
| Cash-Flow Statement | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| PBT | 53.73 | -9 | 8 | -55 |
| OPBWC | 133.32 | 33 | 57 | 25 |
| Change in Receivables | 15.05 | -7 | 0 | -15 |
| Change in Inventories | 6.24 | -3 | 40 | -10 |
| Change in Payables | -26.33 | 32 | -7 | 6 |
| Other Changes | 1.81 | 8 | -219 | 43 |
| Working Capital Change | -3.23 | 30 | -186 | 24 |
| Cash Generated From Operations | 130.09 | 63 | -129 | 49 |
| Tax | -11.57 | -15 | -8 | 3 |
| Cash Flow From Operations | 118.52 | 48 | -137 | 52 |
| Purchase of PPE | 0 | -23 | -6 | -63.5 |
| Sale of PPE | 1.49 | 1 | 13 | 5 |
| Cash Flow From Investment | -37.7 | -13 | 141 | -35 |
| Borrowing | -11.49 | -5 | 10 | -17 |
| Dividend | -12.79 | -18 | -2 | -6.5 |
| Equity | 0 | 0 | 0 | 0 |
| Others From Financing | -5.25 | -13 | -13 | -15.5 |
| Cash Flow from Financing | -29.53 | -36 | -5 | -39 |
| Net Cash Generated | 51.29 | -1 | -1 | -22 |
| Cash at the Start | 12.89 | 6 | 5 | 3 |
| Cash at the End | 64.18 | 5 | 4 | -29 |
KURLON Enterprise Limited is one of India’s most established and trusted brands in the mattress and home-comfort industry. With a legacy of over six decades, the company pioneered the rubberized coir mattress segment and gradually expanded into a wide portfolio that includes foam mattresses, spring mattresses, pillows, furniture, furnishings, and related comfort products. Kurlon operates through a strong multi-channel retail network, comprising exclusive brand outlets, franchise stores, and partnerships with large modern trade and e-commerce platforms. Its reputation for quality, durability, and comfort has enabled the brand to maintain a strong presence in both urban and semi-urban markets across India.
Kurlon Enterprise has consistently invested in product innovation, modern manufacturing technologies, and supply-chain optimization. The company runs multiple production units across India, each equipped with automated machinery and stringent quality systems that ensure uniform product standards. In recent years, Kurlon has focused on premiumization and the development of specialized mattresses such as orthopedic variants, memory foam models, and hybrid comfort solutions that cater to changing consumer lifestyles. Additionally, the company has expanded its footprint in institutional segments like hospitality, healthcare, and corporate clients, strengthening its revenue mix and enhancing market penetration.
From an investment perspective, KURLON Enterprise Limited’s unlisted shares offer exposure to the rapidly growing home-comfort and lifestyle sector in India. Rising disposable incomes, increasing awareness about sleep health, and a shift from unorganized to branded players continue to drive long-term demand for quality mattresses. As one of the most recognized brands in the category, Kurlon stands to benefit from this structural shift. However, investors should consider challenges such as competition from aggressive D2C mattress startups, sensitivity to raw material price fluctuations, and evolving customer preferences. Despite these factors, Kurlon’s strong brand equity, nationwide presence, and steady financial performance make its unlisted shares a potentially attractive opportunity for long-term, consumer-sector-oriented investments.
Q:1 How do I confirm my booking for KURLON Enterprise Limited Unlisted Shares?Answer: You can confirm your booking by contacting us at the trading price for KURLON Enterprise Limited Unlisted Shares.
Q:2 What documents do I need to provide for the purchase of KURLON 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 your CMR copy.
Q:3 Why do I need to submit KYC documents for purchasing shares?Answer: KYC documents are required as per SEBI regulations to verify your identity and ensure compliance with financial regulations.
Q:4 How will I receive the bank details for the payment?
Answer: We will provide you with the necessary bank details once you confirm your booking for the shares.
Q:5 What payment methods are accepted for purchasing KURLON shares?Answer: Payments can be made via RTGS, NEFT, IMPS, or cheque transfer.Please note that cash deposits are not accepted.
Q:6 Can I make a cash deposit for the purchase of shares?
Answer: No, cash deposits are not accepted.Payments must be made through electronic transfers or cheque.
Q:7 From which account should the payment be made?
Answer: The payment must be made from the same bank account where the shares will be credited.
Q:8 What happens if I don’t provide the required documentation?Answer: If you do not provide the required KYC documentation, your purchase of KURLON shares may be delayed or not processed in accordance with SEBI regulations.