Darougar Company
Kaf Public Joint Stock Company is a Tehran-based listed manufacturer and marketer of hygiene, cosmetic, detergent and household-cleaning products, owning the Darougar brand and related legacy brands. Trading under ticker شکف, it represents a distressed consumer-goods turnaround case: brand recognition and category relevance are offset by production disruption, labour arrears, tax liabilities and accumulated losses.
Market position
Kaf is a long-established Iranian household-products business whose Darougar brand is associated with industrial soap production and the introduction of laundry powder to the Iranian market.
Operations & footprint
Products and services
Darougar Company, legally associated with Kaf Company, manufactures and markets hygienic, cosmetic, detergent, and household-cleaning products under the Darougar group and related legacy brands. Its historical product range includes soap, shampoo, dishwashing liquid, detergents, personal-care products, household cleaning products, cosmetic and hygienic items, and related consumer staples distributed through wholesale and retail channels.
Operations and assets
The company’s operations centre on manufacturing and marketing hygiene, cosmetics, detergents and household-cleaning products under Darougar and related legacy brands. Manufacturing halls were described as sealed and production as dormant in May 2023.
Geographic footprint
Tehran, Iran.
Ownership & group structure
Ownership
Kaf Public Joint Stock Company owns the Darougar brand and associated operations.
Reported scale
Scale note: Registered capital was stated as IRR 250 billion as of May 2023.
Commercial and investment relevance
Darougar is relevant for investors assessing distressed consumer-goods manufacturing, brand recovery potential, detergent and hygiene demand, industrial restructuring, privatization risk, labor liabilities, tax debt, and the fragility of older listed manufacturers. It can support analysis of how strong brand memory does not necessarily translate into investable operating capacity when factories face debt, shutdowns, management disputes, raw-material shortages, and regulatory intervention. Due diligence should verify current operating status, factory activity, IFB trading status, Codal disclosures, ownership, debt and tax liabilities, labor claims, product availability, distribution contracts, raw-material access, brand rights, and whether management remains under private control or state-supervised industrial support. The company is relevant to buyers and suppliers seeking access to the Darougar brand and Iran’s household-cleaning category. Commercial engagement requires close assessment of current factory availability, product supply continuity, working-capital needs and distribution capability.
Constraints, risk & compliance
Key risks and constraints
Production was described as dormant in May 2023, alongside accumulated losses, tax liabilities, unpaid wages and insurance contributions, and substantial workforce reductions. These conditions directly affect manufacturing continuity, supplier payment capacity and any turnaround timetable.
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Frequently asked questions
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What is Kaf Public Joint Stock Company?
Kaf Public Joint Stock Company is a Tehran-based listed Iranian manufacturer and marketer of hygiene, cosmetics, detergents and household-cleaning products. It owns the Darougar brand.
Is Darougar Company the same business as Kaf?
Darougar Company was registered in 1957 and became Kaf Public Joint Stock Company in 1973. Darougar remains the company’s principal brand and public identity.
What is Kaf’s stock ticker?
Kaf trades under the Persian ticker شکف, also rendered as SHAKAF or SHEKAF.
What are the main commercial constraints facing Kaf?
The company faced dormant production, labour and insurance arrears, tax liabilities and accumulated losses in May 2023, making current operating continuity and financial restructuring central diligence priorities.