company details
KURLON ENTERPRISE LIMITED
- kurlon.com
- Sector: Consumer Goods
-
CHRYSEUM SCORE:
3.00/10.00
KURLON ENTERPRISE LIMITED
- Sector: Consumer Goods
- CHRYSEUM SCORE: 3.00/10.00
Description: Kurlon Enterprise Limited provides home furniture. The Company offers sofas, mattresses, pillow, bed sheet and other home furnishing products. Kurlon Enterprise serves customers in India
Evaluation is basis the latest financial year disclosures filed by the company
Valuation
Max Score: 3.50
P/E of Company
-34.98
AVG P/E of Key Peer/s
51.24
Valuation Score
0.00
Growth
Max Score: 3.50
Sales Growth
2.61%
PAT Growth
NA
ROE
-18.05%
Growth Score
0.00
Leverage
Max Score: 1.50
Debt / Equity
0.00
AVG Industry Debt / Equity
0.93
Leverage Score
3.00
Management Quality
Max Score: 1.50
Board Structure & Composition
1.00
Related Party Transactions
1.00
Timely Disclosure
1.00
Management Score
1.50
₹490.00 0.00 (0.00%)
As on 13 Sep, 2024
Company Description : It is a leading mattress manufacturing company across India. It offers sofas, mattresses, pillow, bed sheet and other home furnishing products. Kurlon Enterprise serves customers in India
Company Overview
- Name of Company KURLON ENTERPRISE LIMITED
- Sector Consumer Goods
- ISIN INE387W01025
- Scrip Code KURLON ENTERPRISE
- CIN U36101MH2011PLC222657
- Pan No AAECK5045N
- Face Value 5
- Price ₹ 490.00
- No. of Shares outstanding 3.66 Cr.
- Market Cap ₹ 1,791.06 Cr
Financials
- Revenue from operations ₹ 819.86 Cr.
- EBITDA ₹ -2.61 Cr.
- EBITDA Margin % -0.32%
- Profit After Tax ₹ -51.22 Cr.
- PAT Margin % -6.18%
- EPS -14.01
- Stock P/E -34.98
- Book Value Per Share 77.63
- P/B 6.31
- Debt/Equity 0.00
Other Key Statistics
- 52 week High/Low 700.00/490.00
- Dividend Per Share 0.00
- Dividend Yield 0.00
- Sales Growth - 3 years 2.61%
- EBITDA Growth - 3 years NA
- PAT Growth - 3 years NA
- EPS Growth - 3 years NA
- ROE -18.05%
- ROCE -7.38%
- Cash Equivalents 5.06
Peer Comparison
| Key Financials - FY24 | |||
| Company Name | Kurlon Enterprise Limited | Greenlam Industries Limited | |
| Listing Status | Unlisted | Listed | |
| Revenue from Operations | 819.86 | 2,306.34 | |
| Total Income | 828.57 | 2,328.00 | |
| Finance Cost | 5.72 | 44.28 | |
| Depreciation & Amortization | 25.31 | 87.09 | |
| Total Expenses | 862.21 | 2,143.07 | |
| EBITDA | -2.61 | 316.30 | |
| PAT | -51.22 | 138.00 | |
| No. of Shares Outstanding | 3.66 | 12.76 | |
| EPS (in ₹) | -14.01 | 10.82 | |
| Share Capital | 18.28 | 12.76 | |
| Total Net Worth | 283.74 | 1,076.85 | |
| Total Assets | 531.05 | 2,735.77 | |
| Total Debt | 0.13 | 998.78 | |
| Key Metrics: | |||
| CMP* | 490.00 | 537.80 | |
| Market Cap (In Cr.) | 1,791.06 | 6,862.33 | |
| Market Cap/Sales | 2.16 | 2.95 | |
| EPS (Earnings Per Share) | -14.01 | 10.82 | |
| BVPS (Book Value Per Share) | 77.63 | 84.41 | |
| P/E | -34.98 | 49.70 | |
| P/BV | 6.31 | 6.37 | |
| EBITDA Margin | -0.32% | 13.71% | |
| ROE | -18.05% | 12.82% | |
| ROA | -9.65% | 5.04% | |
Profit Loss
| FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|
| Revenue from operations | 819.86 | 858.90 | 795.15 | 758.82 | 987.63 |
| Y-o-Y Revenue Growth | -4.55% | 8.02% | 4.79% | -23.17% | -6.11% |
| Other Income | 8.71 | 8.43 | 13.65 | 8.43 | 7.93 |
| Total Income | 828.57 | 867.33 | 808.80 | 767.25 | 995.56 |
| Total Expenses (Excludes Interest and Depreciation) | 831.18 | 816.20 | 775.87 | 651.34 | 859.73 |
| Operating Profit (After deducting Depreciation) | -36.63 | 6.79 | -16.77 | 76.23 | 94.60 |
| OPM % | -4.47 | 0.79 | -2.11 | 10.05 | 9.58 |
| EBITDA | -2.61 | 51.13 | 32.93 | 115.91 | 135.83 |
| Depreciation | 25.31 | 35.91 | 36.05 | 31.25 | 33.30 |
| EBIT | -27.92 | 15.22 | -3.12 | 84.66 | 102.53 |
| Interest | 5.72 | 7.29 | 5.73 | 5.27 | 9.41 |
| EBT before Exceptional Items | -33.64 | 7.93 | -8.85 | 79.39 | 93.12 |
| Prior period/Exceptional /Extra Ordinary Items | 21.11 | 0.00 | 0.00 | 20.19 | 0.00 |
| Profit before tax/EBT | -54.75 | 7.93 | -8.85 | 59.20 | 93.12 |
| Tax | -3.53 | -2.53 | -3.27 | 25.61 | 17.87 |
| Net Profit | -51.22 | 10.46 | -5.59 | 33.59 | 75.25 |
| Profit (loss) of minority interest | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 |
| Total profit (loss) for period | -51.22 | 10.46 | -5.60 | 33.59 | 75.25 |
| EPS in Rs | -14.01 | 2.86 | -1.53 | 9.19 | 20.78 |
| EPS Change % | -589.67% | -287.29% | -116.63% | -55.77% | 12.32% |
| EBITDA Change % | -105.10% | 55.27% | -71.59% | -14.67% | -2.90% |
| Profit growth | -589.67% | -287.29% | -116.63% | -55.36% | 13.93% |
| ROCE | -7.38% | 2.63% | -0.56% | 13.84% | 17.39% |
| ROE | -18.05% | 2.23% | -1.21% | 6.91% | 16.15% |
| Debt / Equity Ratio | 0.00 | 0.04 | 0.02 | 0.03 | 0.05 |
| Sales growth 3Years | 2.61% | ||||
| Sales growth 5Years | -4.86% | ||||
| Dividend per share | 0.00 | 2.00 | 0.50 |
Balance Sheet
| FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|
| Share Capital | 18.28 | 18.28 | 18.28 | 18.28 | 18.19 |
| Reserves | 265.46 | 451.61 | 443.11 | 468.04 | 447.75 |
| Total shareholders' funds | 283.74 | 469.89 | 461.39 | 486.32 | 465.94 |
| Borrowings | 0.13 | 17.27 | 7.57 | 12.42 | 23.89 |
| Other Liabilities | 68.90 | 79.67 | 79.60 | 97.33 | 112.94 |
| Total Liabilities | 247.32 | 287.28 | 261.52 | 241.60 | 280.74 |
| Fixed Assets | 297.95 | 249.70 | 245.96 | 257.00 | 279.40 |
| Capital WIP | 0.55 | 0.98 | 4.15 | 7.03 | 5.78 |
| Investments | 10.28 | 16.02 | 107.11 | 111.32 | 114.76 |
| Other Assets | 43.37 | 303.38 | 139.76 | 110.04 | 116.10 |
| Total Assets | 531.05 | 757.16 | 722.91 | 727.91 | 746.82 |
| Cash Equivalents | 5.06 | 4.99 | 47.64 | 42.92 | 14.31 |
| Total Current liability | 152.96 | 178.74 | 167.18 | 116.07 | 157.09 |
| Total Assets -Total Current liabilty | 378.09 | 578.42 | 555.73 | 611.84 | 589.73 |
Cash Flow
| FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|
| Net Cash from / (used in) Operating Activity | 52.11 | -143.36 | 48.23 | 130.41 | 127.51 |
| Net Cash from / (used in) Investing Activity | -35.11 | 147.08 | -12.67 | -102.68 | -123.60 |
| Net Cash from / (used in) Financing Activity | -38.68 | -5.33 | -36.14 | -34.56 | -20.35 |
| Net Inc/Dec In Cash And Cash Equivalents | -21.68 | -1.61 | -0.58 | -6.83 | -16.44 |
Share Holding Pattern
| No. of Shares in Crs. | % Holding | |
|---|---|---|
| Promoters | 3.56 | 97.44% |
| Non Promoters | 0.09 | 2.56% |
News
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- BoAt In Talks To Raise Funds, Eyes IPO In The Next 12-18 Months
- Hillhouse said to consider India IPO for home appliance maker
- Tiger Pacific Capital Invests $25M in B9 Beverages, Eyeing Pre-IPO Growth and Global Expansion
- Japan\'s Kirin Holdings to purchase additional stake in B9 Beverages, maker of Bira
- Bira91 parent plans a Rs 400-cr fund shot for expansion plans
- Lava eyes 10% smartphone market in 2 yrs with investment of Rs 600 crore
- boAt looking at IPO in FY25-FY26; definitely not listing this year, says co-founder Aman Gupta
- Sheela Foam to acquire 95% stake in Kurlon Enterprises for Rs 2,035 crore
- Warburg-Backed BoAt’s FY23 Revenue Rises As Audio, Wearables Sales Soar
- Lava likely put its IPO plan on hold
- Mohan Meakin Limited Q4FY23 Financial Highlights
- Bira 91 raises $10 million from Japan\'s MUFG Bank
- Philips Domestic Appliances globally renamed as Versuni
- Mohan Meakin Limited Q3FY23 Financial Results
- Sebi returns Lava Internationals draft IPO papers; asks to refile with updates
- Sheela Foam to acquire rival mattress maker Kurlon for Rs 2,000 crore
- boAt launches Stream Edition wireless headphones in India
- Bira 91 converts into public entity, expands ESOP Pool
- Bira 91 raises $70 mn from Japanese beer company Kirin Holdings
- BoAt raises $60 mn, freezes plan for IPO
- Smartphone maker Lava eyes India venture with Chinese partner
- Bira 91 acquires retail bar chain The Beer Cafe
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