Unlisted Shares
KURLON Enterprise Limited
Verified Unlisted CompanyOff-market Transfer · NSDL / CDSL
About KURLON Enterprise Limited
KURLON Enterprise Limited is a well-established player in the mattress and home comfort products industry in India. The company manufactures a wide range of mattresses, cushions, and furniture products under the Kurlon brand. It has a strong distribution network across the country and caters to both retail and institutional customers. Following restructuring and ownership transition, the company is focused on improving operational efficiency, expanding product offerings, and strengthening its market presence in the organized bedding industry.
Share Details
| company Name | KURLON Enterprise Limited |
| indicative Unlisted Share Price | ₹563 |
| market Capitalization | ₹1464.3 Cr |
| lot Size | 100 |
| 52 Week High | ₹525 |
| 52 Week Low | ₹450 |
| face Value | ₹10 |
| book Value | ₹78.89 |
| pe Ratio | N/A |
| pb Ratio | 5.7 |
| debt To Equity | 0.05 |
| return On Equity | -18% |
| total Outstanding Shares | 36,54,000 |
| isin | INE887W01025 |
| depository | NSDL & CDSL |
| pan | AAECK0545N |
| cin | U36101MH2011PLC222657 |
| rta | Purva Sharegistry (India) |
Income Statement (Profit & Loss) (₹ in Crore)
| Particulars | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Revenue | 795 | 859 | 820 | - |
| EBITDA | 19 | 43 | -12 | - |
| Operating Profit | 19 | 43 | -12 | - |
| EBIT | -17 | 7 | -37 | - |
| Profit Before Tax | -9 | 8 | -55 | - |
| Net Profit / Loss | -6 | 10 | -51 | - |
| EPS | -1.64 | 2.74 | -13.96 | - |
Key Financial Ratios (Last 3–5 Years)
| Ratio | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Operating Profit Margin (%) | 2.39 | 5.01 | -1.46 | - |
| Net Profit Margin (%) | -0.75 | 1.16 | -6.22 | - |
| EPS | -1.64 | 2.74 | -13.96 | - |
Financial Annual Report Summary
Kurlon Enterprise has experienced fluctuating financial performance in recent years. Revenue has remained relatively stable, but profitability has been volatile with losses reported in FY22 and FY24. Margins have declined due to rising costs and operational restructuring. The company is currently in a transition phase aiming to stabilize operations and improve profitability.
Why Invest in KURLON Enterprise Limited
- Revenue remains stable but profitability is inconsistent.
- Negative margins in FY24 indicate operational challenges.
- Turnaround depends on cost control and efficiency improvements.
- Strong brand recall supports long-term recovery potential.
Balance Sheet - Assets (₹ in Crore)
| Item | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Fixed Assets | 211 | 189 | 252 | - |
| CWIP | 4 | 1 | 0.55 | - |
| Investments | 107 | 16 | 0 | - |
| Trade Receivables | 56 | 55 | 69 | - |
| Inventory | 120 | 80 | 90 | - |
| Other Assets | 225 | 416 | 109.45 | - |
| Total Assets | 723 | 757 | 531 | - |
Balance Sheet - Liabilities & Equity (₹ in Crore)
| Item | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Share Capital | 18.27 | 18.27 | 18.27 | - |
| Reserves | 443 | 451 | 265 | - |
| Borrowings | 7.5 | 17 | 0.3 | - |
| Trade Payables | 120 | 113 | 119 | - |
| Other Liabilities | 134.23 | 157.73 | 128.6 | - |
| Total Liabilities | 723 | 757 | 531 | - |
Liabilities Breakdown & Balance Sheet Insights
Balance Sheet Insights
The company has reduced borrowings significantly, indicating deleveraging. However, reserves have declined, reflecting weak profitability. Asset base contraction in FY24 signals restructuring or asset optimization.
Liabilities Breakdown
Liabilities are largely composed of operational payables and reserves. Debt levels have reduced significantly, improving financial stability.
Additional Insights
Kurlon is transitioning towards a leaner balance sheet with reduced leverage. However, declining reserves and profitability remain key concerns.
Cash Flow Insights
- Operating cash flow turned negative in FY23 but recovered in FY24.
- Investing activity fluctuates due to asset restructuring.
- Financing cash flow indicates reduced dependence on borrowings.
- Overall liquidity remains moderate.
Shareholding Pattern
Shareholding pattern data not available
Promoters & Management
The company has undergone ownership transition and restructuring, with a renewed focus on operational efficiency and market expansion.
Registrar & Transfer Agent (RTA)
Registrar: Purva Sharegistry (India)
Website: https://www.purvashare.com/
Management Analysis
Management is focused on stabilizing operations and improving profitability after restructuring. Execution and cost management will be key drivers of turnaround.
Frequently Asked Questions About KURLON Enterprise Limited
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