KURL ON LIMITED | LATEST SHARE PRICE & UPDATES
Company Overview
Kurl On Limited (KL) incorporated in 1962, is India’s largest manufacturer and seller of mattress. It is involved in manufacturing of rubberized coir, latex foam and polyurethane foam along with entire range of home comfort solutions, high end soft furnishing such as pillows, cushions, bed linen/ sofa, ergonomically designed furniture, furnishing, etc.
| Symbol: | Kurl-On Ltd. |
|---|---|
| Face Value (₹): | 10 |
| ISIN: | INE781F01032 |
| Demat Status: | NSDL & CDSL |
| Lot Size: | 25 Shares |
The flagship brand “Kurl-On” enjoys ~35% market share in organized sector with sales of over 1.2 million mattress p.a.
Kurlon has 8 manufacturing facilities, dealer network comprising more than 7000 dealers, 70 branch and stock points.
SUBSIDIARY COMPANY :” Kurlon Enterprises Limtied (KEL)”
Kurlon Ltd (KL) has a subsidiary company Kurlon Enterprises Ltd (KEL) incorporated in 2011. KL has transferred its business of Rubberized Coir, Latex Foam, Polyurethane Foam, Pillows, Spring Mattresses, Furniture, Furnishing, sofa and entire home comforts and related products were transferred to the subsidiary company effective 1st April, 2014. KEL is an operating company with headquarter in Bengaluru.
KEL markets its products under the flagship brand “Kurl-On” with Bounty, Luxurino, Angelica Box TOP, Klassic, Mermaid, Kurlo bond, Convenio, Ortho, Relish, SpineKare, etc. as sub brands.
Board of Directors:
Key Highlights
- India’s Largest Selling Mattress.
- Strong Brand Value.
- Widest Sales and Distribution Network.
- Diversified Product Range.
- Wide Geographical Presence.
- CAGR Growth Consolidated Basis (2017 to 2019) – 4% Total Revenue , 15% PAT & 18% Net worth.
- CAGR Growth Standalone Basis (2017 to 2019) – 29% Total Revenue , 58% PAT & 6% Net worth.
Financial Highlights
| 2017 | 2018 | 2019 | CONSOLIDATED (Rs. in Crs.) |
|---|---|---|---|
| 963 | 1108 | 1056 | TOTAL INCOME |
| 115.89 | 161.4 | 159.34 | EBITDA |
| 55.88 | 85.71 | 75.96 | PAT |
| 37.55 | 57.6 | 51 | EPS |
Financial Charts
Historical Chart
Shareholding Pattern
Peer Comparison
Particulars (Rs. in Crs)Total IncomePATEPSBook Value PEP/BVSheela Foam1798165.5133.93170.1843.268.62
Media Updates
“Bonus Share Issue Propose in June 2021.”
The Board of Directors, at its meeting held on 14th June, 2021 has recommended for issuance of
bonus shares in the proportion of 1:2 [i.e.1 (One) new fully paid up equity share for every 2 (Two)
existing equity shares held].
