Kurl-on Enterprise Limited
-4.55 % 1 M
Kurl-on Enterprise Limited
-4.55 %As of May 24, 2025, Kurl-on Enterprise Limited share price is INR 525.00 per share and the face value is INR 5.00 per share. The lot size of Kurl-on Enterprise Limited is 0 shares. The 52 week high for Kurl-on Enterprise Limited is INR 1,250.00, while the 52 week low is INR 525.00
About Kurl-on Enterprise Limited
A Comprehensive Overview of Price & Journey
Understanding Kurl-on Enterprise Limited Inception and Growth
Overview
Kurlon Enterprises Limited (KEL) is a leading Indian company specializing in mattresses and home comfort products. It was established in 1962 and is part of the Manipal Group and has grown to become one of India's most trusted mattress brands. The company is known for innovative sleep solutions, including coir, foam, and spring mattresses, along with furniture and home furnishings. Kurlon Enterprises Ltd Headquarters are in Bengaluru, Karnataka, India. It belongs to the Industry of Consumer Goods (Mattresses & Home Furnishings). Kurlon Enterprises Pvt Ltd has nine manufacturing facilities across Karnataka, Odisha, Madhya Pradesh, Uttarakhand, and Gujarat, ensuring a pan-India presence.
Services and Capabilities
KEL offers a diverse range of products, including:
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Mattresses: Coir, foam, spring, and therapeutic mattresses.
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Furniture: Home and office furniture solutions.
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Furnishings: Pillows, cushions, and other home comfort accessories.
The company operates nine manufacturing facilities across Karnataka, Odisha, Madhya Pradesh, Uttarakhand, and Gujarat, enabling it to serve customers nationwide.
Board of Directors
Key members of KEL's leadership include:
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Tushaar Gautam: Managing Director.
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Rahul Gautam: Director.
The board also comprises other officials overseeing operations, research and development, and corporate strategy.
IPO Details
Kurlon Enterprises Ltd is not a publicly listed company and operates as a privately held entity. There have been no announcements regarding an Initial Public Offering (IPO). However, due to its strong brand name and wide market presence, investors are keeping an eye on any updates about Kurlon Enterprises Limited possibly going public in the future.
Subsidiaries
- It has no publicly known subsidiaries, but it operates as a key business unit of the Manipal Group.
About Kurl-on Enterprise Limited
IPO Details, Price movement
Performance Highlights 2023-2024
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Revenue from Operations decreased by 4.5%, from ₹859 crore in FY2022-23 to ₹1820 crore in FY2023-24.
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Profit Before Tax was ₹7.9 crore in FY2022-23 and became a loss of ₹54.8 crore in FY2023-24.
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Net Profit (PAT) was ₹10.5 crore in FY2022-23 and became a loss of ₹51.2 crore in FY2023-24.
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Net cash used in Operating Activities was INR 143 crore in FY23, whereas it had an inflow of INR 52 crore in FY24.
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Cash flow from Investing Activities was INR 147 crore in FY23, whereas it became negative INR 35 crore in FY24.
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Cash flow from Financing Activities was INR 3.45 crore in FY23, whereas it became negative INR 18.2 crore in FY24.
Fundamentals
Financials
P&L Statement | 2021 | 2022 | 2023 | 2024 |
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Revenue | - | 795.15 | 858.90 | 819.86 |
Other Income | - | 13.65 | 8.43 | 8.72 |
COGS | - | 363.62 | 379.31 | 393.36 |
Gross Profit | - | 445.18 | 488.01 | 435.21 |
Total Expense | - | 412.26 | 436.89 | 437.81 |
EBIDTA | - | 32.93 | 51.12 | -2.60 |
D&A | - | 36.05 | 35.91 | 25.31 |
EBIT | - | -3.12 | 15.21 | -27.91 |
Interest Expense | - | 5.73 | 7.29 | 5.73 |
PBT | - | -8.85 | 7.92 | 5.73 |
TAX | - | -3.26 | -2.55 | -3.54 |
PAT | - | -5.58 | 10.47 | -51.22 |
Diluted EPS | - | -1.53 | 2.86 | -14.01 |
Basic EPS | - | -1.53 | 2.86 | -14.01 |
Total income | 0.00 | 808.80 | 867.33 | 828.58 |
ASSETS
CURRENT ASSETS | 2021 | 2022 | 2023 | 2024 |
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Cash and Cash Equivalents | - | 5.13 | 3.46 | 2.80 |
Trade Payables | - | 56.07 | 55.30 | 68.89 |
Inventory | - | 120.14 | 80.49 | 90.01 |
Other Current Assets | - | 213.46 | 276.37 | 42.99 |
Total Current Assets | 0.00 | 394.80 | 415.62 | 204.69 |
NON CURRENT ASSETS | 2021 | 2022 | 2023 | 2024 |
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Plant Property and Equipment | - | 211.07 | 189.06 | 250.73 |
Long Term Investment | - | - | - | - |
Other Non Current Assets | - | 117.04 | 152.47 | 75.63 |
TOTOAL NON CURRENT ASSSETS | 0.00 | 328.11 | 341.53 | 326.36 |
Total Assets | 0.00 | 722.91 | 757.15 | 531.05 |
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CURRENT LIABILITES | 2021 | 2022 | 2023 | 2024 |
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TRADW Payable | - | 119.92 | 113.38 | 118.80 |
Other Current Liab | - | 47.27 | 65.37 | 34.15 |
Total Current Liab | 0.00 | 167.19 | 178.75 | 152.95 |
NON CURRENTLIABILITIES | 2021 | 2022 | 2023 | 2024 |
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Long Term Debt | - | 0.63 | 0.59 | - |
Deffered Tax Liab | - | 16.34 | 6.01 | 0.92 |
Other Non Current Liab | - | 77.37 | 101.93 | 93.53 |
LIABILITIES
EQUITY | 2021 | 2022 | 2023 | 2024 |
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Share Capital | - | 18.28 | 18.28 | 18.28 |
Reserves And Surplus | - | - | - | - |
Other Equity | - | 443.11 | 451.92 | 265.46 |
Retained Earnings | - | - | - | - |
share Equity | 0.00 | 461.39 | 470.20 | 283.74 |
Total Liabilities | 0.00 | 555.73 | 578.73 | 378.19 |
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CASH FLOW STAT | 2021 | 2022 | 2023 | 2024 |
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Cash Flow from operating | - | 48.23 | -143.36 | 52.11 |
Cash Flow from financing | - | -36.14 | 3.46 | -18.23 |
Cash Flow from investing | - | -12.67 | 147.08 | -35.11 |
Net cash flow | 0.00 | -0.58 | 7.18 | -1.23 |
Revenue Growth
PAT Growth %
EPS Growth %
TOTAL ASSETS Growth %
QUICK RATIO Growth %
LONG TERM DEBT TO EQUITY RATIO Growth %
Shareholding Pattern
2025
Name | Designation | Share % |
---|---|---|
Kanara Consumer Products Limited (formerly known as "Kurlon Limited") | NA | 0.19% |
Sheela Foam Limited (New Holding Company) | NA | 97.25% |
Other | NA | 2.56% |
Events
Name | Date | Details |
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No events available. |
Frequently Asked Questions
- The lockin period is of 6 months for pre-ipo investors i.e. they cannot sell their shares for 6 months after they get listed. However, they can definitely sell the shares in pre-ipo market before they get listed.
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- If you sell your shares after 2 years, then you will have to pay Long-term Capital gain on unlisted shares LTCG is 12.5% without indexation benefits.
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- Absoluetly NOT! Grey market is all about speculation relation to open price, subscription rate etc. And does not include physical delivery of shares. Whereas in pre ipo market you get to invest in shares much before the ipo too and it involves physical delivery of shares. It is compeletly legal and does not include any such speculation.
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