Promoter holding
64.27%
DL
Duroflex Limited - Due diligence report
A 360° intelligence report on Duroflex: trust score, financial health, credit view, compliance, directors, growth and distress signals - gen…
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Duroflex — 360° Intelligence Report
Generated from MCA filings & public records72/100
Trust Score
Moderate
Duroflex is assessed as Moderate with a Trust Score of 72/100. Duroflex is an active public limited indian non-government company incorporated in 1981, operating in the Consumer Goods sector. The company has shown revenue growth across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a moderate compliance risk and moderate financial risk profile.
Report generated on 17 Jul 2026 from the latest processed filings. Duroflex Limited snapshot & full profile →
Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.
02
Score Card
Higher is safer · rule-based & explainableTrust ScoreModerate
72/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
50/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
70/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
60/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
80/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
70/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
80/100
Early-warning signals - higher means fewer warnings.
03
Financial Intelligence Dashboard
Consolidated · 5 filed year(s)Unlock the full 5-year financial dashboard with charts and year-wise figures.
Get full accessScores and observations on this page are already computed from the real filings - only the underlying figures are locked.
04
Credit & Compliance Intelligence
Why the scores are what they are
Credit Risk Score: 60/100 Moderate
- Liabilities ≈ 38% EBITDA - stretched.
- Moderate gearing (D/E 1.42).
- Working-capital cover adequate.
- Externally credit-rated (A).
Charges position: 4 open (304.75 cr) · 26 satisfied (217.51 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| Hdfc Bank Limited | 4 | 48.0 cr |
| Canara Bank | 19 | 48.0 cr |
| Axis Bank Limited | 1 | 48.0 cr |
| Yes Bank Limited | 2 | 48.0 cr |
| Others | 4 | 48.0 cr |
Compliance Score: 50/100 Moderate
- Company status is Active as per MCA.
- Annual filings current (balance sheet Mar 2025).
- Flagged by authority: EPFO.
- Litigation present in 4 court forum(s).
- 18 active GST registration(s).
Legal cases on record (4)
05
Director Intelligence
Stability score: 80/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| RAJAT RASTOGI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SRIDHAR BALAKRISHNAN | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| PAWAN AGRAWAL | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SHREYANS DAGA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| MATHEW ANTONY JOSEPH | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| ANUSHA MAHALINGAM | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| MATHEW GEORGE | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| AMITA MAHESHWARI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| MATHEW CHANDY | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| JACOB JOSEPH GEORGE | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 10 directors on the board.
- No disqualified or deactivated DINs.
- 5 director exits in 3 years - high churn.
- Average tenure above 5 years.
Director & KMP remuneration (FY 2023)
| Name | Designation | Total remuneration |
|---|---|---|
| A K Sharma | Managing Director | 2.4 cr |
| R Mehta | Whole-time Director | 1.6 cr |
| S Iyer | CFO | 95.0 L |
Remuneration is disclosed in the latest annual return. Unlock full report
06
Ownership & Group Intelligence
As per FY 2023 annual returnPublic / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
4
Group entities
4
Capital events
5 allotment(s) · 3 transfer(s)
Promoters hold a majority stake - exact percentages are part of the full report.
| Group entity | Relationship | % held |
|---|---|---|
| Palmspring Mattresses Private Limited | Subsidiary Company | 74.00% |
| Rem42 Technologies Private Limited | Subsidiary Company | 74.00% |
| Shivaarna Technofoams Private Limited | Subsidiary Company | 74.00% |
| Sleepyhead Home Decor Private Limited | Subsidiary Company | 74.00% |
Key managerial personnel: RAJAT RASTOGI (CFO) · SRIDHAR BALAKRISHNAN (CEO) · MATHEW ANTONY JOSEPH (Whole-time director) · MATHEW GEORGE (Whole-time director) · MATHEW CHANDY (Whole-time director) · JACOB JOSEPH GEORGE (Managing Director)
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 70 · Distress 80
Growth signals & trust indicators
Revenue acceleration: +2.1x over 4 year(s).
Operating for 44+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
5 director exits within 2 years.
Compliance score is weak (50/100).
4 open charge(s) registered - assets are encumbered.
4 court case(s) on record - see the legal section for details.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence66/100
Review suggested
Suitability as a supplier / customer counterparty.
- Check the compliance flags before onboarding.
- 1 distress signal(s) - see Risk Center.
- Financial filings available for verification.
Banker assessment60/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- 4 open charge(s) of 304.75 cr already registered.
- Compliance gaps should be priced into terms.
Investor view70/100
Positive growth indicators
Growth quality and scalability through an investor lens.
- 1 growth signal(s) detected.
- Margin and return trends computable from filings.
- Management team looks stable.
09
MCA Filings & Events Timeline
Latest 15 events06 Oct 2025
Director appointed
ANUSHA MAHALINGAM (Director)
Director ceased
ANUSHA MAHALINGAM
25 Sep 2025
Last AGM held
Annual general meeting
24 Sep 2025
Director ceased
SHREYANS DAGA
22 Sep 2025
Director appointed
SHREYANS DAGA (Director)
09 Sep 2025
Director appointed
PAWAN AGRAWAL (Director)
Director appointed
AMITA MAHESHWARI (Director)
Director ceased
PAWAN AGRAWAL
Director ceased
AMITA MAHESHWARI
22 Jul 2025
Director ceased
ANSHUL JAIN
09 May 2025
Charge satisfied
Yes Bank Limited
08 Apr 2025
Charge satisfied
Hdfc Bank Limited
31 Mar 2025
Latest balance sheet
Filed with ROC
20 Nov 2023
Director appointed
SRIDHAR BALAKRISHNAN (CEO)
27 Jun 2023
Charge created
Axis Bank Limited - 67.00 cr
10
Key Observations
Auto-generated from the data aboveRevenue grew 24% over the last 4 financial year(s).
Net profit margin moved from 0.86 to 61%.
Debt-to-equity stands at 38% - manageable leverage.
Net worth is positive.
10 active director(s) / partner(s); board looks stable and experienced.
18 active GST registration(s) indicate ongoing business operations.
Operates a group structure with 4 subsidiary(ies) - assess on a consolidated basis.
Carries an external credit rating of A from Icra.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a majority stake as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 5 security allotment(s) - amounts available in the full report.
| Company | CIN | Location |
|---|---|---|
| Machino Polymers Limited | U25201WB1996PLC230863 | Kolkata, West Bengal, India |
| Toyoda-Gosei | U28111RJ2008PTC026385 | Neemrana, Rajasthan, India |
| Skf Engineering And Lubrication India Private Limited | U29100KA1993PTC044269 | Bangalore, Karnataka, India |
| Acg | U45200MH2004PTC149770 | Mumbai, Maharashtra, India |
| B R Agrotech Limited | U74899DL2000PLC103860 | New Delhi, Delhi, India |
| Aqualite | U19202DL1996PTC361922 | Delhi, Delhi, India |
| Vectus | U25202MP2007PLC019781 | Morena, Madhya Pradesh, India |
| Ksh Automotive Private Limited | U28999AP2017FTC107297 | Penukonda Revenue Mandal, Andhra Pradesh, India |
12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Duroflex before audits and certifications: compliance score 50/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Duroflex: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.
Bankers & NBFCs
Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 60/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Positive growth indicators. Growth score 70/100, margin trends, ownership structure and peer set for Duroflex - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Review suggested. Trust score 72/100, distress signals and MSME payment-delay disclosures - know whether Duroflex pays its suppliers before you extend credit terms.
Lawyers & Compliance Teams
Litigation footprint (4 case(s) on record), regulatory flags, charge documents trail and director networks for Duroflex - groundwork for KYC, onboarding and disputes.
13
Frequently Asked Questions
Is Duroflex an active company?
Duroflex has MCA status “Active” with a compliance score of 50/100 (Moderate).
Is Duroflex financially healthy?
Duroflex has a Financial Health Score of 70/100 (Moderate) based on its filed financial statements.
Should I do business with Duroflex?
Its overall Trust Score is 72/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Duroflex?
Promoters hold a majority stake - exact percentages are in the full report. 10 active director(s) are on record.
Does Duroflex have loans or charges against its assets?
4 open charge(s) are registered against its assets, and 26 earlier charge(s) stand satisfied.
Is Duroflex up to date with its ROC filings?
Annual filings current (balance sheet Mar 2025). Overall compliance score: 50/100 (Moderate).
Is it risky to lend to Duroflex?
Its Credit Risk Score is 60/100 (Moderate). Banker verdict: Mixed indicators - deeper appraisal suggested.
Disclaimer: This report is generated automatically from MCA filings and public records as available
in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the
underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are
not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice.
Verify from official sources and consult a qualified professional before any business, lending or investment decision.
If you represent this company and believe any information is inaccurate or outdated,
report it here and we will review promptly.
