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Last year it recorded a revenue of Rs 80. Duroflex uses German foaming technology and was the first to launch the first doctor-recommended orthopedic mattress under the brand name of Duropedic. New Delhi: D2C mattress and furniture brand Sleepyhead has doubled its growth with a revenue of Rs 150 crore in FY 2021 - 22, the company said on Thursday. Currently Duroflex has 24 experience centres with the recent additions in Kolkata, Gurugram, and Mumbai and will soon be launching nine more experience centres this week. The company began operations in the early 1960s in Alappuzha and then moved the headquarters to Bengaluru. Of the total market share 25 per cent comes from the South. He said Duroflex, which operates under the labels of Duroflex and Sleepyhead, is the second largest mattress brand in the country with a tad less than 20 per cent market share and have over 170 million customers, after Sleepwell which has around 25 per cent of the 5-million units per annum branded mattress market market pie. Shop for latest Furnishings designed by Sleepyhead at best prices in India from Pepperfry. tail nor even lift his sleepy head up for a moment from cover to Messrs. The Alappuzha-based Chandy family, which owns 70 per cent in Duroflex, is also planning to take the company public over the next five years, the second generation Chandy said. The 36,000-metric tonne per annum Devas plant also supplies to materials to furniture makers like Ikea. The Hyderabad plant is the main plant now where mattresses are made while in the plant in Devas near Indore foams and other inputs are made. That apart it has an assembly centre in Mumbai.
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While the Indore expansion is underway as greenfield project, the new immediate capacities will come up as brownfield expansion at the Hosur plants where it has three plants and in Hyderabad. 4) Sleepyhead Original 3 Layered Orthopedic Memory Foam Mattress. 2) Wakefit Orthopedic Memory Foam Mattress. 1) The Sleep Company SmartGRID Orthopedic 6 inch Mattress. Best Mattress For Back Pain In India 2022 Reviews. On capex, Chandy said they have Rs 100-crore capacity addition plan over the next 6-9 months. 8 Best Mattress For Back Pain In India 2022. Chandy said they intend to double the export component of the revenue next year. Of total sales, as much as third comes online, led mostly by Sleepyhead, Joseph said, adding 10 per cent comes from exports, wherein the global furniture major Ikea is the biggest client chipping in with over 10 per cent of the export volume.