Durlax Top Surface Ltd (DURLAX) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 0 | NSE: DURLAX | Ceramics/Marble/Granite/Sanitaryware | Small Cap

BSE Share Price
Not Listed

Durlax Top Surface Ltd (DURLAX) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 0 | NSE: DURLAX | Ceramics/Marble/Granite/Sanitaryware | Small Cap

DeciZen - make an informed investing decision on Durlax Top Surface

Based on:

M-Cap below 100cr DeciZen not available

Durlax Top Surface stock performance -

Key Ratios
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P/E Ratio (SA):
8.41
Market Cap:
63 Cr.
52-wk low:
0
52-wk high:
0

Is Durlax Top Surface Ltd an attractive stock to invest in?


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10 Year X-Ray of Durlax Top Surface: Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Durlax Top Surface Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 5.3%8%10.6%11.7%14.8%-
Value Creation
Index
-0.6-0.4-0.3-0.20.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 19.647.466.790.8123123
Sales YoY Gr.-142.3%40.9%36%35.1%-
Adj EPS -0.70.41.73.24.54.5
YoY Gr.-NA300%87.2%40.1%-
BVPS (₹) 9.810.913.517.234.634.6
Adj Net
Profit
-0.90.52.147.58
Cash Flow from Ops. -2.91.63.8-16.6-6.8-
Debt/CF from Ops. -13.1259.6-3.7-6.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANA37.3%35.1%
Adj EPS NANA118.9%40.1%
BVPSNANA46.9%100.8%
Share Price - - - -39.8%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
-7.54.214.420.918.913
Op. Profit
Mgn %
23.514.111.811.111.4NAN
Net Profit
Mgn %
-4.51.13.24.46.16.1
Debt to
Equity
3.232.22.80.8-
Working Cap
Days
03152882812650
Cash Conv.
Cycle
01941641711950

Recent Performance Summary

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Latest Financials - Durlax Top Surface Ltd.

Standalone Consolidated
TTM EPS (₹) 4.5 -
TTM Sales (₹ Cr.) 123 -
BVPS (₹.) 34.6 -
Reserves (₹ Cr.) 41 -
P/BV 1.10 -
PE 8.41 -
From the Market
52 Week Low / High (₹) 0.00 / 0.00
All Time Low / High (₹) - / -
Market Cap (₹ Cr.) 63
Equity (₹ Cr.) 16.6
Face Value (₹) 10
Industry PE 44.2

Management X-Ray of Durlax Top Surface:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.00
* Pledged shares as % of Promoter's holding (%)

Valuation of Durlax Top Surface - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

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Event Update

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Analyst's Notes

data not found
No data found!

Key Ratios of Durlax Top Surface

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25
Sales19.5547.3666.7490.76122.65
Operating Expenses 14.9640.7258.9280.69108.65
Manufacturing Costs0.781.452.523.924.16
Material Costs11.8236.6552.8171.1897.90
Employee Cost 1.140.921.091.221.59
Other Costs 1.231.702.504.375
Operating Profit 4.586.647.8210.0714
Operating Profit Margin (%) 23.5%14.0%11.7%11.1%11.4%
Other Income 0.190.060.100.082.17
Interest 2.543.273.443.793.75
Depreciation 2.162.652.332.242.45
Exceptional Items 00000
Profit Before Tax 0.080.782.164.129.97
Tax 0.900.290.060.132.47
Profit After Tax -0.830.482.093.997.50
PAT Margin (%) -4.2%1.0%3.1%4.4%6.1%
Adjusted EPS (₹)-0.70.41.73.24.5
Dividend Payout Ratio (%)0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund 11.5812.9216.7121.6357.68
Share Capital 0.150.1512.4012.4316.63
Reserves 11.4312.774.319.2041.06
Minority Interest00000
Debt37.4739.3036.9160.7145.84
Long Term Debt26.1919.3817.3320.716.67
Short Term Debt11.2819.9219.584039.17
Trade Payables6.3517.8420.8221.418.21
Others Liabilities 2.181.622.291.793.04
Total Liabilities 57.5871.6876.73105.54114.78

Fixed Assets

Gross Block37.3537.3337.3740.4941.01
Accumulated Depreciation13.1715.7018.0220.1422.59
Net Fixed Assets 24.1821.6419.3520.3518.41
CWIP 00000
Investments 0000.480.48
Inventories24.5830.1738.4849.3049.94
Trade Receivables5.1016.1615.8730.0935.03
Cash Equivalents 0.571.030.981.231.15
Others Assets 3.152.692.054.099.76
Total Assets 57.5871.6876.73105.54114.78

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity -2.871.573.83-16.60-6.78
PBT 0.080.782.164.129.97
Adjustment 4.545.545.456.565.80
Changes in Working Capital -7.49-4.75-3.57-27.27-21.16
Tax Paid 00-0.21-0.02-1.39
Cash Flow From Investing Activity -0.12-0.47-0.06-3.83-3.54
Capex -0.14-0.03-0.04-3.11-0.52
Net Investments 0.02-0.44-0.03-0.72-3.02
Others 00000
Cash Flow From Financing Activity 3.01-1.06-3.8220.5210.34
Net Proceeds from Shares 001.700.0828.56
Net Proceeds from Borrowing 4.90-6.82-2.053.38-14.04
Interest Paid -2.38-2.89-3.12-3.36-3.35
Dividend Paid 00000
Others 0.498.65-0.3420.42-0.83
Net Cash Flow 0.030.05-0.060.080.02

Finance Ratio

PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)-7.133.9514.1320.9619
ROCE (%)5.347.9910.5711.6514.79
Asset Turnover Ratio0.340.730.911.11
PAT to CFO Conversion(x)N/A3.271.83-4.16-0.9
Working Capital Days
Receivable Days9582889297
Inventory Days459211188177148
Payable Days19612013410855

Durlax Top Surface Ltd Stock News

Durlax Top Surface Ltd FAQs

The current trading price of Durlax Top Surface on 01-Jan-1970 05:30 is ₹0.00.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 31-Dec-1969 the market cap of Durlax Top Surface stood at ₹63.02.
The latest P/E ratio of Durlax Top Surface as of 31-Dec-1969 is 8.41.
The latest P/B ratio of Durlax Top Surface as of 31-Dec-1969 is 1.10.
The 52-week high of Durlax Top Surface is ₹0.00 and the 52-week low is ₹0.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Durlax Top Surface is ₹122.7 ( Cr.) .

About Durlax Top Surface Ltd

Durlax Top Surface Limited was originally incorporated as Durlax Archtech Private Limited on May 03, 2010, as a private limited company under the provisions of Companies Act, 1956 pursuant to Certificate of Incorporation issued by RoC, Mumbai, Maharashtra. Further, the name of the company was changed to Durlax India Private Limited vide the Certificate of Incorporation pursuant to change of name dated August 23, 2017, issued by RoC, Mumbai, Maharashtra. Subsequently, the name was changed to Durlax Top Surface Private Limited vide Certificate of Incorporation pursuant to change of name dated January 06, 2023, issued by RoC, Mumbai, Maharashtra. The company was converted into a public limited company pursuant to shareholders resolution passed at the General Meeting of the Company held on January 27, 2023, and the name of the Company was changed to ‘Durlax Top Surface Limited’, and a Fresh Certificate of Incorporation dated March 29, 2023, was issued by RoC, Mumbai, Maharashtra.

The company is engaged in the business of manufacturing of solid surface material, which is sold across India, through an extensive distribution network of distributors and direct customers and also exported to various countries such as Dubai, Bahrain, Greece, Nepal. It operates through two brands namely LUXOR and ASPIRON, which provide a wide range of solid surfaces. Its LUXOR brand offers Acrylic UV Solid Surfaces, while ASPIRON offers Modified Solid Surfaces. Situated in Vapi, its manufacturing facility is equipped with German and South Korean technologies and advanced machinery to produce solid surface materials. It aims to meet the ever-evolving demands of its customers and create functional spaces across various sectors. 

Its solid surfaces find applications in residential, commercial, hospitality, healthcare, exterior, and diverse industries, providing stylish and durable solutions for countertops, vanities, offices, retail spaces, hotels, hospitals, outdoor projects, and more. The company is founded by Shravan Suthar and Lalit Suthar, both of whom are certified in interior designing. Shravan Suthar is primarily responsible for client acquisition and retention, diligently working to expand its client base and maintain strong customer relationships, fostering continuous business growth. On the other hand, Lalit Suthar oversees comprehensive business development endeavours, particularly focusing on brand marketing solutions.

Business area of the company

The company is engaged in the business of manufacturing of solid surface material, which is sold across India, through an extensive distribution network of distributors and direct customers and also exported to various countries such as Dubai, Qatar, Greece, Sri Lanka.

Products of the company

  • ASPIRON
  • LUXOR

History and milestones

  • 2010: Incorporated Private Limited Company in style of ‘Durlax Archtech Private Limited’
  • 2016: Its annual revenues from operations crossed Rs 30 crore for the first time 
  • 2016: Receipt of ISO 9001:2015 certification in respect of providing sourcing, trading and supply chain services 
  • 2016: Receipt of ISO 14001:2015 certification in respect of Manufacturer and Trader of various kinds of Solid Surfaces. 
  • 2017: Established manufacturing unit at Vapi, Gujarat.
  • 2017: Started commercial production 
  • 2017: First time exported its product under its own brand.
  • 2018: Its annual revenues from operations crossed Rs 40 crore for the first time 
  • 2018: Launch of its brand ‘Luxor’ and ‘Aspiron’
  • 2023: Conversion of the company from Private Limited Company to Public Limited Company.

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