Sheela Foam Limited

NSE: SFLFurniture, Home Furnishing

Share price

₹603.65

-0.40% close of 9 Oct 2026

Market cap ₹6,640 CrP/E 32.7

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

out of 100 · worked out 9 Oct 2026

How the business score works

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹6,640 Cr

P/E ratio

32.7

P/B ratio

2.0

ROCE

6.1%

ROE

4.8%

Dividend yield

0.2%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹808.9552-week low ₹465.05

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 16.8% over the past year, and 8.8% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales slipped from 11.0% to 10.6% over the last four years.

Whether it grew faster than its sector

It grew 8.8% a year against a sector median of 11.3% — 2.5 percentage points slower.

Room to re-rate, or risk of de-rating

At 32.7× earnings against a market that pays 24.1× across 2199 companies we can price. Its own industry sits at 50.8×, across 5 companies. It is against its own five-year median of 71.9×, the 0th percentile of its own range.

Whether growth justifies the valuation

Its earnings are falling, so growth cannot justify the price.

	Profit growth	Price per ₹1 profit	Per 1% growth
Sheela Foam Limited — this one	-7%/yr	32.7×	—
Wakefit Innovations Limited	49%/yr	22.5×	₹0.46
Responsive Industries Limited	82%/yr	40.2×	₹0.49
Parin Enterprises Limited	31%/yr	118.5×	₹3.8
Stanley Lifestyles Limited	-24%/yr	88.2×	—
Hardwyn India Limited	12%/yr	50.8×	₹4.2

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Furniture, Home Furnishing), it ranks 6 of 9 on returns, 5 of 9 on growth, 6 of 9 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 6.1% on capital, ahead of 33% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

No — Over the last five years it made ₹1477 crore of cash from the business but spent ₹2777 crore on plant and equipment, ₹1300 crore more than it made; the gap was from lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 141 arrived as cash (before interest, which is why it can exceed the profit). Its cash comes back faster than it used to: it went from being waiting 14 days for its cash to paid 51 days before it paid its own suppliers.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

8 of 10 checks clear · 80%

How the profit check works

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Revenue grew 25.7% and the 15% full-year growth target was reaffirmed, though margin slipped on violently swinging foam prices.

Announced 4 Aug 2026 · Consolidated · Unaudited

Revenue

₹1,032 Cr

Revenue vs last year

+25.7%

Revenue vs last quarter

-1.7%

Net profit

₹62 Cr

Profit vs last year

+790.6%

Profit vs last quarter

-32.2%

Net margin

6.0%

EPS

₹5.63

Earnings call transcript · 5 Aug 2026

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap: ₹6,640 Cr
Prev close: ₹603.65
52w High: ₹832
52w Low: ₹457
Enterprise value: ₹7,378 Cr
Beta: 0.8
Price CAGR 1y: -7.0%
Price CAGR 3y: -17.0%
Price CAGR 5y: -12.0%
Price CAGR 10y: —

Ratios

Return on assets: 3.2%
PEG ratio: -4.6
P/E ratio: 32.7
P/B ratio: 2.0
EV / EBITDA: 17.3
Industry P/E: 50.8
ROCE: 6.1%
ROCE 5y average: 10.0%
ROE: 4.8%
Debt / Equity: 0.3
Interest coverage: 2.9
Dividend yield: 0.2%
ROE 3y average: 4.0%
ROE last year: 5.0%

Annual P&L

Annual revenue: ₹3,821 Cr
Annual profit: ₹161 Cr
Operating margin: 10.0%
Net profit margin: 4.2%
EBITDA margin: 10.3%
Sales growth 3y: 10.0%
Sales growth 5y: 9.4%
Profit growth 3y: -7.0%
Profit growth 5y: -8.0%
EPS: ₹14.6
Sales growth TTM: 17.0%
Profit growth TTM: 262.0%
Dividend payout: 7.0%

Quarter P&L

Sales latest quarter: ₹1,032 Cr
Profit latest quarter: ₹62 Cr
YoY quarterly sales growth: 25.6%
YoY quarterly profit growth: 785.7%
OPM latest quarter: 10.6%

Balance Sheet

Book Value: ₹296
Face Value: ₹5.0
Total debt: ₹908 Cr
Total cash: ₹36 Cr
Borrowings: ₹908 Cr
Reserves / Equity: 58.1

Cash Flow

Operating cash flow: ₹409 Cr
Free cash flow: ₹368 Cr
FCF yield: 4.1%
Net cash flow: -₹8 Cr

Shareholding

Promoter holding: 65.4%
FII holding: 4.2%
DII holding: 18.5%
Public holding: 11.9%

Peer comparison

Company	Price ₹	P/E	Mkt cap ₹ Cr	Div yield %	Profit qtr ₹ Cr	Profit var %	Sales qtr ₹ Cr	Sales var %	ROCE %
Sheela Foam	602.00	32.3	6,574	0.16	62.3	769.2	1,031.9	25.6	6.1
Wakefit Innovati	130.60	22.0	4,331	0.00	23.4	19.2	404.9	16.6	10.9
Responsive Ind	153.95	40.3	4,104	0.06	2.7	-94.5	192.9	-43.1	10.8
Safe Enterprises	251.00	18.2	1,170	0.00	30.6	40.9	106.0	31.6	47.1
Parin Enterpris.	695.90	119.9	774	0.00	4.3	-32.4	139.0	6.5	10.7
Stanley Lifesty.	128.90	106.5	736	0.00	0.7	-92.9	99.4	-8.6	6.4
Hardwyn India	9.10	52.2	622	0.00	2.7	-22.5	30.1	-5.8	4.7
Median	130.60	23.5	736	0.00	4.3	40.4	99.4	12.9	10.8

Competes with: Ahlada Engineers Limited, BirlaNu Limited, Euro Pratik Sales Limited, Hardwyn India Limited, Lexus Granito (India) Limited, Parin Enterprises Limited, Priti International Limited, Responsive Industries Limited, Stanley Lifestyles Limited, Wakefit Innovations Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026

Line item	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	645	613	879	845	810	813	967	850	821	875	1,074	1,050	1,032
Expenses	567	547	803	765	750	742	879	823	746	788	960	933	923
Material Cost								470	425	505	556	569	595
Change in Inventories								29	2.88	-34	38	-19	-5.65
Purchases of Stock-in-Trade								16	27	13	32	34	24
Employee Cost								110	115	113	119	148	125
Other Expenses								191	176	191	214	201	185
Operating Profit	78	66	76	81	60	70	88	27	75	87	114	117	109
OPM %	12	11	8.67	9.53	7.39	8.65	9.11	3.15	9.16	9.96	11	11	11
Other Income	13	24	32	70	61	32	8	61	10	3	16	34	22
Exceptional items (within Other Income)								-0.03	0	-7.84	0	16	6.26
Interest	8	9	25	27	28	28	29	35	29	28	17	21	18
Depreciation	23	22	30	41	40	48	45	50	46	50	47	36	34
Profit before tax	60	60	53	83	53	26	22	2	10	12	66	94	80
Tax %	28	26	27	17	12	23	25	-496	50	38	25	18	26
Net Profit	43	44	31	65	47	20	17	13	7	10	53	92	62
EPS in Rs	4.41	4.04	2.83	5.94	4.23	1.83	1.54	1.20	0.60	0.89	4.80	8.36	5.63
Diluted EPS in Rs								1.97	0.68	0.88	4.76	8.34	5.62

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026

Line item	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	1,359	1,550	1,680	1,889	2,066	2,121	2,437	2,866	2,873	2,982	3,439	3,821	4,031
Expenses	1,268	1,374	1,484	1,672	1,855	1,821	2,073	2,550	2,575	2,678	3,187	3,426	3,604
Material Cost											1,980	2,055
Change in Inventories											-53	-12
Purchases of Stock-in-Trade											78	106
Employee Cost											432	495
Other Expenses											752	783
Operating Profit	91	176	196	217	211	300	364	315	298	304	252	395	427
OPM %	7	11	12	11	10	14	15	11	10	10	7	10	11
Other Income	11	16	23	21	28	28	50	79	86	136	154	60	75
Exceptional items (within Other Income)											31	7.93
Interest	16	12	11	9	10	13	18	17	21	69	121	95	84
Depreciation	28	29	30	35	40	59	73	81	90	116	183	179	166
Profit before tax	58	152	178	193	189	256	324	296	273	256	103	182	252
Tax %	26	31	29	31	29	24	26	26	26	24	14	23
Net Profit	43	105	126	134	134	194	240	219	201	184	90	161	217
EPS in Rs	13	32	13	14	14	20	24	22	20	17	8.22	15	20
Diluted EPS in Rs											8.83	15
Dividend Payout %	0	0	0	0	0	0	0	0	0	0	0	7

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years: 9%
5 years: 9%
3 years: 10%
TTM: 17%

Compounded profit growth

10 years: 4%
5 years: -8%
3 years: -7%
TTM: 262%

Stock price CAGR

10 years: —
5 years: -12%
3 years: -17%
1 year: -7%

Return on equity

10 years: 10%
5 years: 6%
3 years: 4%
Last year: 5%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated

Line item	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	16	16	24	24	24	24	24	24	49	54	55	55
Reserves	229	322	439	573	706	895	1,160	1,368	1,549	2,866	2,962	3,197
Borrowings	146	115	59	48	31	310	334	466	571	1,493	1,462	908
Other Liabilities	289	335	395	398	401	414	551	496	533	909	881	949
Minority Interest											60	8.29
Total Liabilities	679	788	918	1,043	1,162	1,644	2,069	2,355	2,702	5,322	5,360	5,109
Fixed Assets	286	288	318	348	412	851	894	883	865	3,129	3,080	3,198
CWIP	8	10	36	52	1	18	33	120	287	166	131	32
Investments	0	10	0	98	318	231	411	618	768	878	873	588
Other Assets	385	481	564	544	432	544	732	734	781	1,150	1,276	1,291
Total Assets	679	788	918	1,043	1,162	1,644	2,069	2,355	2,702	5,322	5,368	5,117

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated

Line item	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	147	159	122	134	138	157	254	197	218	406	247	409
Cash from Investing Activity	-49	-34	2	-80	-246	-287	-208	-306	-272	-2,258	-24	298
Cash from Financing Activity	-59	-25	-67	-20	-27	157	-32	93	56	1,854	-226	-716
Net Cash Flow	40	100	57	34	-135	27	13	-17	1	2	-3	-8
Free Cash Flow	93	108	34	52	86	-245	191	54	2	-1,870	146	368

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated

Line item	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	31	28	30	28	27	37	45	34	36	45	37	42
Inventory Days	52	49	59	60	60	81	87	64	71	73	66	69
Days Payable	57	52	64	51	46	55	91	58	55	83	66	80
Cash Conversion Cycle	26	24	25	37	41	63	41	40	51	34	37	31
Working Capital Days	-18	-28	-9	2	10	19	14	14	-0	-39	-63	-51
ROCE %	19	38	39	35	28	26	23	18	14	8	4	6

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026

Line item	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	65	65	65	65	65	66	66	66	66	66	66	65
FIIs	6.04	6.12	6.32	6.40	6.60	6.56	6.23	4.62	4.07	4.18	4.15	4.17
DIIs	25	25	25	23	22	21	21	21	21	20	21	19
Public	3.40	3.40	3.68	4.72	5.62	6.71	6.91	8.55	9.14	9.75	9.60	12
No. of Shareholders	44,137	39,444	39,103	51,047	55,954	60,354	60,089	65,046	70,544	72,359	66,611	68,569

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -11.4% (₹681.10 → ₹603.65)Brick size ₹20.80 (fixed)Bricks 46

Price moved up one brickPrice moved down one brickLast close ₹603.65 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

738inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

89,76,576inr

2026-03-31

News

News and filings about Sheela Foam Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

Uses as raw material

TDI (toluene di-isocyanate)
fabric & adhesives
isocyanate / MDI
polyol
rubberized coir (Kurl-On)

Depends on the price of

Crude Oil Brent

Buys from

Western Carriers (India) Limited · consumer goods logistics (foam/mattress transport and distribution)

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector: Consumer Durables
Industry: Furniture, Home Furnishing
Classification: Consumer Durables › Furniture, Home Furnishing
ISIN: INE916U01025

Plants

Interplasp S.L.U.
Joyce Foam Pty Ltd
Sheela Foam Greater Noida PU foam plant
Sheela Foam Jabalpur facility (500kW solar)
Sheela Foam Rajpura plant
Sheela Foam Sahibabad plant (original, since 1971)
Sheela Foam Sikkim plant

News impact

Big market events that reach Sheela Foam Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

9 Jul 2026	unspecified	₹1
21 Dec 2022	bonus	₹0

Splits, bonuses & buybacks

daily-prices repair: 8 rows from NSE's archive (replace 1, delete 1, insert 6), 2020-02-01..2026-02-01 (docs/flat_day_repair.md)1× · 1 Feb 2020

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.