Durlax Top Surface Ltd

Durlax Top Surface maintains a debt-to-equity ratio of 0.79, indicating a moderate reliance on debt financing, and a current ratio of 1.85, suggesting adequate short-term liquidity to cover its obligations [doc:HA-latest]. However, the company's operating cash flow is negative at -67.8 million INR, which raises concerns about its ability to fund operations from core business activities [doc:HA-latest]. Free cash flow stands at 94.3 million INR, which may support dividend payments or reinvestment in the business [doc:HA-latest]. The company's profitability is reflected in a return on equity (ROE) of 13% and a return on assets (ROA) of 6.53%, both of which are above the industry median for Construction Supplies & Fixtures, indicating strong capital efficiency and asset utilization [doc:HA-latest]. Gross profit of 211.5 million INR and operating income of 115.5 million INR further support the company's profitability [doc:HA-latest]. Durlax Top Surface generates revenue across India and exports to countries such as Dubai, Bahrain, Greece, and Nepal. While the company's revenue is not explicitly broken down by segment or geography, its extensive distribution network and export presence suggest a diversified revenue base [doc:HA-latest]. The company operates through two brands, LUXOR and ASPIRON, which offer a range of solid surfaces, including Acrylic UV Solid Surfaces and modified solid surfaces [doc:HA-latest]. The company's growth trajectory is supported by its current revenue of 1.23 billion INR and a free cash flow of 94.3 million INR. However, the negative operating cash flow of -67.8 million INR may indicate challenges in maintaining consistent cash generation from operations [doc:HA-latest]. The company's capital expenditure of -5.2 million INR suggests minimal investment in new assets, which may limit future growth potential [doc:HA-latest]. The company's risk profile is characterized by a medium liquidity risk and a low dilution risk. The negative net cash position after subtracting total debt is a key flag, indicating potential liquidity constraints [doc:HA-latest]. The company's debt-to-equity ratio of 0.79 suggests a moderate level of leverage, which may be acceptable given its industry and capital structure [doc:HA-latest]. Recent events and filings have not been explicitly detailed in the provided data, but the company's financial snapshot indicates a need for continued monitoring of its liquidity and cash flow generation capabilities [doc:HA-latest]. The company's operating cash flow and free cash flow metrics suggest a need for strategic management of working capital and capital expenditures to ensure long-term sustainability [doc:HA-latest].