Key Metrics
  • No. of Employees457
  • Founded Year 1963
  • Company StagePrivate Limited Company
  • Total Funding₹614.55 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About Duroflex
Duroflex are India’s leading sleep expert committed to redefining the meaning of quality sleep. Their 5 decades of experience, superior quality and best in class innovation helps in bringing a wide range of mattresses, pillows, protectors and other sleep solutions. Duroflex are makers of India’s only orthopaedic mattress range to be tested and recommended by the renowned doctors at the National Health Academy. This range is a testament to Durolfex’s iconic and innovative design thinking.
Business Model

Duroflex is an omnichannel player in the mattress category, it offers mattresses, furniture, bed linen, pillows and accessories through its website, offline stores and e-commerce marketplaces such as Amazon and Flipkart. It's another brand, Sleepyhead is an direct-to-consumer online mattress brand focussed exclusively on digital-native millennials.

Top Competitors
SC
Sleepy CatU74999WB2017PTC220324
TS
The Sleep CompanyU24304MH2019PTC333446
WA
WakefitU52590KA2016PTC086582
SM
Sunday MattressU52609MH2018PTC305824
Duroflex Funding Details
Funding Highlights
Latest Funding RoundSeries C
Total Funding Raised₹614.55 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors2
Investors
  • Norwest Venture Partners, Lighthouse
Funding Details
TheKredible's detailed funding report contains info about Funding raised by the company along with Lead Investors, Investors, Shareholding Strcuture, and its Investments & Acquisitions.
₹799.00 ₹1,598.00
Funding History
TheKredible's 'Funding History' report provides deep insights of Funding with list of Lead Investors
₹399.00 ₹798.00
Funding Per Year
A Funding report of the company's overall funding on yearly basis, segregated by the team TheKredible.
₹199.00 ₹398.00
Duroflex Financial Details
Financial Highlights
FY 2022-23 Revenue₹1,070.27 Cr
FY 2022-23 Expenses₹1,074.76 Cr
FY 2022-23 Profit/Loss-₹15.47 Cr
Net Cash Flow From Operations₹70.4 Cr
Full Financial Details
Detailed report containing info about Business Model, year-wise Financial Comparison, Ratio Analysis and detailed Revenue and Expense breakdowns.
₹799.00 ₹1,598.00
Financial Comparison
A detailed report of year-wise Financial Comparison of the company
₹430.00 ₹860.00
Revenue Breakdown
A report and breakdown of the company's year-wise revenue streams.
₹399.00 ₹798.00
Expense Breakdown
A report and breakdown of the company's year-wise expenditures.
₹399.00 ₹798.00
Shareholding Structure
Team at TheKredible has gone through several ROC filings and portrayed Shareholding Structure of the company.
₹499.00 ₹998.00
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
Duroflex Key People
People Metrics
Current Core Team2
Board Members/Directors5

Core Team

MJ
Mohanraj JagannivasanCEO
MC
Mathew ChandyManaging Director

Board Members/Directors

JG
Joseph George JacobWholetime Director
GM
George MathewWholetime Director
MA
Mathew Antony JosephWholetime Director
SK
Stanley KunjippaluDirector
AJ
Anshul JainNominee Director
Duroflex Documents

AY - 2018-19

Profit and Loss statement - Duroflex - 2018-19.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Duroflex for FY 2018-19.
₹249.00 ₹498.00
Balance Sheet - Duroflex - 2018-19.pdf
TheKredible's experts has summarized the Balance Sheet of Duroflex for FY 2018-19.
₹249.00 ₹498.00

AY - 2019-20

Profit and Loss statement - Duroflex - 2019-20.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Duroflex for FY 2019-20.
₹249.00 ₹498.00
Balance Sheet - Duroflex - 2019-20.pdf
TheKredible's experts has summarized the Balance Sheet of Duroflex for FY 2019-20.
₹249.00 ₹498.00

AY - 2020-21

Profit and Loss statement - Duroflex - 2020-21.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Duroflex for FY 2020-21.
₹249.00 ₹498.00
Balance Sheet - Duroflex - 2020-21.pdf
TheKredible's experts has summarized the Balance Sheet of Duroflex for FY 2020-21.
₹249.00 ₹498.00

AY - 2021-22

Profit and Loss statement - Duroflex - 2021-22.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Duroflex for FY 2021-22.
₹249.00 ₹498.00
Balance Sheet - Duroflex - 2021-22.pdf
TheKredible's experts has summarized the Balance Sheet of Duroflex for FY 2021-22.
₹249.00 ₹498.00

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