Kurlon Share Price: Buy Unlisted Shares [Cheapest Price]

Company Name

Kurlon Enterprise Limited

Last Traded Price (LTP)

540.00

% Change

+ 1.89 %

Scrip Name

KEL

ISIN No.

INE387W01025

PAN No.

AAECK5045N

Face Value

No. of Outstanding Shares

36,552,261

Market Capitalization

1,973.82 Crore

Book value

126.226

P/BV

4.278

EPS

-1.528

PE ratio

Available on

nsdlcdsl

ROFR Required

Kurlon Enterprise Limited Unlisted Share - Company Overview

Kurlon Enterprise Limited was established in 2011. It is a subsidiary company of Kurlon Limited. Kurlon Limited is the innovator of coir mattresses in India and it offers a wide range of comfort solutions for retail as well as institutional clients.

When Kurlon Enterprise was created, A business agreement between Kurlon Enterprise Limited and Kurlon Limited was being done. According to the agreement, the business rubberized coir, latex foam, polyurethane foam, pillows, spring mattresses, furniture, furnishing, and related products were transferred to Kurlon Enterprise Limited with effect from 1st April 2014.

Kurlon Enterprise Limited is now the operating company. It is headquartered in Bengaluru. The company is now manufacturing mattresses in 126 different configurations. Kurlon Enterprise Limited boasts its network of more than 10,000 dealers, 72 branches, and stock points across India. The company also has 12 manufacturing facilities across Karnataka, Orissa, Madhya Pradesh, Uttaranchal, and Gujarat. Every minute, about 5 homes in India buy a Kurlon Mattress.

Kurlon Enterprise Limited Share is available on unlisted share market. Kurlon share price used to change on daily basis. It keeps fluctuating regularly.

Kurlon Share price Details as of March 31, 2022

Kurlon Enterprise Outstanding Shares:	36,552,261
Face Value of Kurlon Enterprise Unlisted Share:	Rs. 5 Per Equity Share
ISIN of Kurlon Enterprise Limited Unlisted Share:	INE387W01025
Lot Size of Kurlon Enterprise Limited Unlisted Share:	100 Shares
Kurlon Enterprise Share Price:	Best in Industry
PAN Number of Kurlon Enterprise Limited:	AAECK5045N

Incorporation Details of Kurlon Enterprise Limited

Kurlon Enterprise Limited CIN Number	U36101MH2011PLC222657

Kurlon Enterprise Limited Registration Date	03-Oct-2011

Category / Sub-Category of Kurlon Enterprise	Company limited by Shares

Kurlon Enterprise Registered Office Address	No. 1002/1006, The Avenue, International Airport Road, Opp. Hotel Leela, Andheri East, Mumbai - 400059


Kurlon Enterprise Registrar & Transfer Agent Address and Contact Details	Purva Share Gistry India Limited 9, Shiv Shakti Industrial Estate, J.R. Boricha Marg, Opp. Kasturba Hospital Lane, Lower Parel East, Mumbai-400011

Board of Directors of Kurlon Enterprise Limited

Mr. T. Sudhakar Pai, Managing Director

Mrs. Jaya S. Pai, Non-Executive Non Independent Director

Sri. H. N. Shrinivas, Independent Director

Sri. Sivaramakrishnan Nagarajan, Independent Director

Mrs. Jy othi Ashish Pradhan, Chief Executive Officer

Mr. Jamsheed Minoo Panday, Non-Executive Non Independent Director

Mr. Monu Kumar, Company Secretary

Principal Business Activities of Kurlon Enterprise Limited

Name and Description of main products/services	NIC Code of the product/service	% to total turnover of the Company
Mattresses/Pillows/Foam/Sofa & furniture	31005	97.18%

Particulars of Subsidiary and Associate Companies of Kurlon Enterprise Limited

S.No.	Name of the Company	Holding/Subsidiary/Associate	% of shares held
1.	Kurlon Retail Limited	Subsidiary	100
2.	Sevalal Solar Private Limited	Subsidiary	93.80
3.	Sirar Dhotre Private Limited	Subsidiary	93.80
4.	Sirar Solar Private Limited	Subsidiary	93.80
5.	Belvedore Internaonal Limited	Subsidiary	100
6.	Komfort Universe Products and Services Limited	Subsidiary	100
7.	Starship Value chain and Manufacturing Private Limited	Subsidiary	100
8.	Kanvas Concepts Private Limited	Subsidiary	100
9.	Home Komfort Retail LLP	Subsidiary	100
10.	Starship Global VCT LLP	Subsidiary	100

Shareholding Pattern of Kurlon Enterprise Limited (As on 31-03-2022)

S. No.	Shareholders’ Name	No. of Shares	% of total Shares of the company
1.	Kurlon Limited	3,09,24,115	84.600%
2.	Tonse Sudhakar Pai	347	0.005%
3.	Jaya Sudhakar Pai	347	0.005%
4.	Others	56,27,452	15.390%
	Total	3,65,52,261	100.00%

Balance Sheet of Kurlon Enterprise Limited (In Rs. Lakhs)

Particulars	31st March 2022	31st March 2021	31st March 2020
Assets
Non Current Assets
Tangible Assets	25,011.39	26,407.74	28,523.15
Intangible Assets	2377.42	2508.35	2,646.66
Financial assets:
Trade receivables	-	1.52	-
Loans	321.92	394.99	-
Other financial assets	394.99	1,531.85	278.68
Other Non-current assets	2,149.04	2,058.34	1,511.85
Total Non Current Assets	32,811.44	33,507.47	35,278.90
Current Assets
Inventories	12,014.03	11,679.75	12,289.92
Financial assets:
Trade receivables	5,606.76	5,481.07	6,705.36
Cash and Cash equivalents	512.98	574.28	1,289.53
Other current assets	6,162.05	6,335.95	7,465.01
Total Current Assets	39,479.08	39,283.91	39,402.89
Total Assets	72,290.52	72,791.38	74,681.79
Equity And Liabilities
Equity
Equity share capital	1,827.62	1,827.62	1,819.12
Other Equity	44,308.24	46,803.01	44,775.40
Non controlling interest	2.54	1.09	13.86
Total Equity	46,138.40	48,631.72	46,608.38
Liabilities
Non-Current Liabilities
Financial liabilities:
Borrowings	62.87	44.96	-
Provisions	521.89	658.13	409.42
Other financial Liabilities	5361.77	5478.51	5802.27
Tax liabilities	1634.45	2381.86	1619.79
Total Non-Current Liabilities	9434.18	11,607.35	12,364.76
Current Liabilities
Financial liabilities:
Trade payables	11,991.76	8762.70	11,948.34
Borrowings	693.58	1196.87	2389.02
Provisions	602.70	167.20	413.80
Other current liabilities	1395.36	896.48	226.01
Total Current Liabilities	16,717.94	12,552.31	15,708.65
Total Liabilities	26,152.12	24,159.66	28,073.41
Total Equity and Liabilities	72,290.52	72,791.38	74,681.79

Profit & Loss Statement of Kurlon Enterprise Limited (In Rs. Lakhs)

Particulars	2022	2021	2020
Revenue from operations	79,515.38	75,882.37	98,763.14
Other Income	1364.81	842.87	793.38
Total Income	80,880.19	76,725.23	99,556.52
EBITDA	3292.72	9572.88	13583.69
EBITDA margin	4.07%	12.47%	13.64%
Finance Cost	572.96	526.99	941.37
Depreciation	3604.62	3125.37	3330.45
Profit before Tax	(884.86)	5920.52	9311.87
Total Tax	(326.49)	2560.65	1787.34
Profit After Tax (PAT)	(558.37)	3359.87	7524.53
PAT margin	(0.69)%	4.37%	7.56%
EPS	(1.53)	9.19	20.68

Dividend and Retained Earnings of Kurlon Enterprise Limited

Particulars	2022	2021	2020
Dividend per Share (In Rs.)	0.5	5	3.5
Retained Earnings (In Rs. Lakhs)	27,849.41	30,344.18	28,561.79

Performance of Kurlon Enterprise Limited

Revenue from Operations increased by 4.78% from Rs. 75,882.37 lakhs in FY 2021 to Rs. 79,515.38 lakhs in FY 2022.
EBITDA of the company decreased by 65.60% and reached to Rs. 3292.72 lakhs in FY 2022 from Rs. 9572.88 in FY 2021. Also, EBITDA margins decreased from 12.47% to 4.07%.
Profit after Tax (PAT) decreased by 116.61% in FY 2022 to a loss of Rs. 558.37 lakhs from Rs. 3359.87 lakhs in FY 2021. That means PAT margins have deteriorated by around 5.06% in FY 2022.
The Current Ratio of the company for FY 2022 is 2.36. This means that the company has enough liquidity to pay all the current liabilities in the case of liquidation of the company. Therefore, it can be concluded that the company does not have any liquidity issues.
Kurlon Enterprise Limited has consistently and progressively given dividends to its shareholders. The company gave a dividend of Rs. 0.5 per equity share, in FY 2022, as against Rs. 5 per equity share in FY 2021.

FAQs

Q1.Who owns Kurlon company?

A1.Sudhakar Pai T owns Kurlon company.

Q2.Is Kurlon a listed or unlisted company?

A2.Kurlon is a unlisted company.

Q3. Who is the CEO of kurlon ltd?

A3.Jyothi Pradhan is the CEO of Kurlon Ltd.

Q4. What is the price of Kurlon unlisted shares?

A4.Kurlon unlisted share price is not fixed used to change regularly. To know the Latest update Contact us.

Overview Balance Sheet P&L Account Cash Flow

Annual Reports

Kurlon Enterprise Limited 2021-22

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