Sheela Foam Ltd.

Sheela Foam Ltd.

584.30
INR
-5.25
(-0.89%)
19.50EPS
38.57P/E
81.56BMarket Cap
Oct 29Next Earn
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
158.79
177.32
201.25
219.26
222.56
249.45
293.51
293.99
288.34
313.66
349.17
364.44
Basic EPS, GAAP
10.74
12.87
13.7
13.71
19.83
24.37
22.28
20.39
17.66
8.18
14.62
19.37
Free Cash Flow per Basic Share
10.73
2.6
4.36
8.72
-0.12
19.38
3.45
0.61
-188.09
9.26
24.93
- -
Dividend per Share
- -
- -
- -
- -
- -
0.24
0.38
0.29
0.09
0.01
- -
- -
Book Value per Share
34.7
47.52
61.22
74.83
94.27
121.38
142.73
163.81
268.65
277.51
299.14
- -
Tangible Book Value per Share
33.97
46.68
60.38
73.99
68.17
94.42
116.9
135.72
112.89
118.88
136.17
- -
Basic Weighted Avg Shares
98
98
98
98
98
98
98
98
103
109
109
109
Sales/Revenue/Turnover
15,487
17,300
19,635
21,392
21,714
24,338
28,637
28,684
29,780
34,247
38,129
39,778
Operating Margin (%)
9.85
9.93
9.46
8.22
11.43
12.17
8.7
8.29
6.94
2.47
6.42
6.35
Depreciation Expense
293
304
352
395
590
729
808
896
1,158
1,826
1,786
1,629
Net Income, GAAP
1,047
1,256
1,337
1,337
1,934
2,377
2,173
1,989
1,824
894
1,596
2,114
Effective Tax Rate (%)
31.07
29.42
30.9
29.4
24.22
25.84
26.19
26.46
24
13.95
23.31
23.32
Profit Margin (%)
6.76
7.26
6.81
6.25
8.91
9.77
7.59
6.94
6.13
2.61
4.19
5.31
Working Capital
949
1,664
2,271
3,437
3,722
2,619
2,368
7,511
-2,541
-218
-3,545
- -
LT Debt
346
220
83
56
2,395
2,412
3,338
3,713
11,188
7,388
2,472
- -
Total Equity
3,386
4,637
5,973
7,301
9,264
11,932
14,002
16,065
29,807
30,242
32,603
- -
Return on Invested Capital (%)
- -
24.3
21.87
17.58
18.06
15.98
10.85
8.54
5.23
2.83
4.47
- -
Return on Capital (%)
- -
27.04
23.77
19.85
20.19
17.87
13.38
10.48
6.99
4.27
5.32
- -
Return on Common Equity (%)
- -
31.3
25.21
20.15
23.45
22.6
16.87
13.3
8.08
3.01
5.09
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
6,608
- -
LT Borrowings
- -
969
- -
LT Finance Leases
- -
1,502
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
109
109
109
Market Capitalization
63,833
50,556
81,564

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
11,403
- -
Cash, Cash Equivalents & STI
- -
1,703
- -
Accounts Receivable, Net
- -
4,415
- -
Inventories
- -
3,926
- -
Total Current Liabilities
- -
14,948
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
6,608
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
27.06%
25.38%
7.81%
Free Cash Flow
-4,860.38%
-6,580.88%
169.4%
Net Income, GAAP
9.62%
0.45%
78.63%
Sales/Revenue/Turnover
9.57%
9.6%
11.34%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
8,098
8,127
9,671
8,496
34,247
2026
8,214
- -
10,744
10,501
38,129
2027
10,319
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
4.23
1.83
1.53
1.2
8.18
2026
0.6
- -
4.77
8.36
14.62
2027
5.63
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
0.01
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
Rahul Gautam
Full Time Employees
5,854
Sector
Process industries
Industry
Industrial specialties
Address
Sleepwell Tower Noida UP India 201301
IPO Date
Dec 9, 2016
Business
Sheela Foam Limited manufactures and sells polyurethane foams, mattresses, and comfort products primarily in India and internationally. The company produces a wide range of technical foams including memory foam, visco foam, flame retardant foam, high resilience foam, reticulated foam, acoustic foam, UV stable foam, soft flexible PU foam, polyester foam, and sound absorption foam; it also offers consumer products such as mattresses, pillows, bolsters, cushions, mattress protectors, back cushions, sofa-cum-beds, bed-sheets, and baby care sheets under flagship brands Sleepwell, Kurl-on, Starlite, and Furlenco. Operations span Asia, Australia, and Europe with over 12 manufacturing plants producing 90,000 tonnes of more than 100 foam types annually, serving industries like bedding, furniture, automotive, aviation, healthcare, hospitality, petrochemicals, and sound absorption; the company maintains a pan-India distribution network of over 20,000 touchpoints including 5,500 exclusive outlets. Founded in 1971 and headquartered in Noida, Uttar Pradesh, Sheela Foam focuses on residential, hotel, hospital, and educational institution customers while exporting to approximately 32 countries. Recent developments include the 2023 acquisitions of Kurl-on, the market leader in rubberised coir mattresses, and a controlling stake in Furlenco, followed by an additional investment of nearly $13.9 million in Furlenco in December 2025 to support its expansion, product innovation, supply chain strengthening, and omnichannel growth; in 2024, the company completed the amalgamation of subsidiary International Comfort Technologies and purchased land and building in Gujarat for 412.1 million rupees, alongside leadership changes naming Rahul Gautam as Chairman and Managing Director.