DURLAX

Durlax Top Surface Limited

Listed company · ISIN INE0OUW01013 · NSE SM · FV ₹10
Last price
₹65
+0.15%today
What this company does

Durlax Top Surface Limited is a listed company. It booked ₹56 cr of revenue in its latest quarter (Q1 FY27) and kept 4.9% of sales as profit.

50out of 100
Equitytale Health Score
Mixed

Healthier than 50% of listed companies we score, on the 5 of 6 measures we could read for it. Each measure is ranked against the 2,335–2,886 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
57

At close. Not part of the score.

Profitability & returns51

How much profit it earns on the money it employs

Balance sheet44

How much it owes, and whether earnings cover the interest

Cash quality17

Whether reported profit actually arrives as cash

Valuation56

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
A mixed picture
Strengths
✓ Makes a profit
✓ Promoters hold 51%
✓ No promoter shares pledged
Watch-outs
! Thin 4.9% net margin

What if I invest in DURLAX?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹65▲ +0.15%
latest close · 2026-10-01
52-wk low ₹4652 sessions so far52-wk high ₹72
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio17.2Average
LowAverageHigh
P/B ratio2.16Moderate
Below bookModerateHigh
EV / EBITDA10.7Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity12.6%Fair
WeakFairStrong ▸15%
Return on capital16.3%Strong
WeakFairStrong
Net margin4.9%Thin
ThinDecentStrong
EBITDA margin8.9%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.46Comfortable
LowModerateHigh ▸1
Interest cover3.9×Okay
RiskyOkayStrong ▸5×
Current ratio2.70Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹189 cr
Book value
₹30
EPS
₹0.95
latest quarter
Net debt
₹24 cr
owes more than its cash
Enterprise value
₹213 cr
EBITDA
₹20 cr
annualised
EBIT
₹20 cr
annualised
Operating margin
8.9%
Return on assets
6.3%
Earnings yield
5.82%
P/S
0.84
Sales / share
₹77.4
Tax rate
26.0%
Face value
₹10
Shares
2.9 cr
Working capital
₹90 cr
Current assets
₹143 cr
Current liabilities
₹53 cr
Delivery %
56.9%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-10-01.

Worth vs price · from the exchange filings
not investment advice
Hard to value confidentlyLow confidence
Too few reliable models — the filings don't support two independent estimates of value.
Models span ₹32–₹32, midpoint ₹32

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹56 cr
Other Income₹3 cr
Total Income₹59 cr
Cost of Materials₹54 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-6 cr
Employee Benefit Expense₹2 cr
Finance Costs₹1 cr
Other Expenses₹3 cr
Total Expenses₹56 cr
Profit before Tax₹4 cr
Tax Expense₹96.7 L
Net Profit₹3 cr
Net margin on total income4.6%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹49 cr82.0%
Employee benefit expense₹2 cr2.9%
Finance costs₹1 cr2.2%
Other expenses₹4 cr6.7%
Tax expense₹96.7 L1.6%
Profit for the period₹3 cr4.6%
Total income ₹59 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27
Revenue77 cr56 cr
Total income79 cr59 cr
Expenses67 cr56 cr
Profit before tax11 cr4 cr
Tax3 cr96.7 L
Net profit (owners' share)8 cr3 cr
Net margin (owners' share, on revenue)10.7%4.9%
EPS (₹)4.060.95
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹175 cr
Shareholder equity
₹88 cr
parent shareholders
Total debt
₹40 cr
Cash
₹16 cr
Who owns it · 2026-06-30
No pledge
Promoter
51.5%
FII / Foreign
0.9%
DII / Domestic
—
Retail / others
47.6%
Promoter stake down 9.1% over the last 4 quarters.
Smart-money activity
Bulk / block deals
BoughtHI GROWTH CORPORATE SERVICES PVT LTD · NSE2.94 L @ ₹65.830 Sep 26
SoldHI GROWTH CORPORATE SERVICES PVT LTD · NSE2.90 L @ ₹66.8330 Sep 26
SoldHARSHIL HITESH DOSHI · NSE8.42 L @ ₹65.7230 Sep 26
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 24 Sep 2026
See the official result
1
To consider and adopt the Audited Financial Statements of the Company for the Financial Year ended March 31, 2026 and the Reports of the Board of Directors and the Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
8,000 votes for, 0 against
2
To appoint a director in place of Mr. Shravan Laxmichand Suthar {DIN: 02985316), who retires by rotation and being eligible, offers himself for re-appointment.
Backed by 100% of shareholders other than promotersneeded 50%
8,000 votes for, 0 against
3
To appoint cost auditor with remuneration
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
8,000 votes for, 0 against
4
To appoint Secretarial Auditor
Backed by 100% of shareholders other than promotersneeded 50%
8,000 votes for, 0 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 7 named members
owning 51.5% between them · as of 2026-06-30
SHRAVAN LAXMICHAND SUTHAR39.11%
LALIT SUTHAR6.37%
LAXMICHAND LADHAJI SUTHAR3.09%
PANKAJ LAXMICHAND SUTHAR2.86%
RAVI SHESHMAL CHAUHAN0.01%
RINKU RAVI CHAUHAN0.01%
urmila shravan suthar0.01%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹49 cr raised in Jun 2026 by selling shares to selected investors

The company has not broken this money down into purposes in its filing for Jun 2026, so there is nothing to measure it against yet.

₹49 cr raised in Mar 2026 by offering new shares to existing shareholders

The company has not broken this money down into purposes in its filing for Jun 2026, so there is nothing to measure it against yet. Care Edge Ratings watches the spending on the exchange’s behalf.

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.