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Sheela Foam Limited is a leading player in India’s mattress and foam products industry and a leader in Polyurethane (PU) Foam. It has a nationwide presence in manufacturing PU Foam with a track record, since 1971.[1]
Largest Manufacturer of Polyurethane FoamThe company is India's largest manufacturer of flexible slab stock Polyutherane (PU) foam and mattresses underSleepwell, Furlenco, and Kurlon[1]with a30% market share in India’s mattress segment and a 40% market share in Australia. The Kurlon brand holds a 12-13% market share of the modern mattress market.[2][3][4]
| S.No. | Name | Current Price (Rs.) | Price to Earning | Market Capitalization (Rs.Cr.) | Dividend yield (%) | Net Profit latest quarter (Rs.Cr.) | YOY Quarterly profit growth (%) | Sales latest quarter (Rs.Cr.) | YOY Quarterly sales growth (%) | Return on capital employed (%) | Sales (Rs.Cr.) | OPM (%) | Profit after tax (Rs.Cr.) | Profit after tax latest quarter (Rs.Cr.) | Price to book value | Return on assets (%) | Debt to equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Sheela Foam | 605.30 | 111.51 | 6580.26 | 0.00 | 5.65 | -46.97 | 666.80 | 8.47 | 5.09 | 2783.23 | 8.62 | 59.01 | 11.20 | 2.35 | 1.77 | 0.27 |
| 2. | Responsive Ind | 213.25 | 27.84 | 5688.04 | 0.05 | 53.26 | 8.08 | 313.75 | -10.23 | 15.83 | 1400.94 | 21.44 | 204.33 | 53.26 | 3.86 | 12.11 | 0.14 |
| 3. | Euro Pratik Sale | 352.35 | 49.22 | 3598.42 | 0.00 | 22.70 | -13.59 | 96.56 | 10.10 | 49.53 | 283.86 | 35.71 | 76.72 | 22.95 | 13.48 | 34.10 | 0.08 |
| 4. | Stanley Lifesty. | 226.59 | 39.71 | 1294.57 | 0.00 | 6.00 | -9.68 | 105.40 | 2.33 | 10.13 | 436.60 | 20.73 | 32.60 | 5.60 | 2.77 | 4.42 | 0.71 |
| 5. | Safe Enterprises | 274.55 | 23.06 | 1279.53 | 0.00 | 33.25 | 96.05 | 112.38 | 94.56 | 96.45 | 192.93 | 35.97 | 55.48 | 33.25 | 5.61 | 50.13 | 0.00 |
| 6. | BirlaNu Ltd | 1605.60 | – | 1214.85 | 1.87 | -42.86 | 25.56 | 810.15 | 4.61 | -2.58 | 3596.59 | 1.44 | -104.37 | -42.86 | 1.03 | -3.15 | 0.88 |
| 7. | Hardwyn India | 17.08 | 62.80 | 837.75 | 0.00 | 4.15 | 7.24 | 43.14 | 8.20 | 4.13 | 145.88 | 14.39 | 13.34 | 4.15 | 2.08 | 2.41 | 0.02 |
| – | Median: 12 Co. | 250.57 | 39.71 | 1026.3 | 0.0 | 4.9 | -0.53 | 100.98 | 9.29 | 13.13 | 216.08 | 17.56 | 15.71 | 4.88 | 2.71 | 6.03 | 0.28 |
Standalone figures in ₹ crores
| Dec 2022 | Dec 2023 | Dec 2024 | Jun 2023 | Jun 2024 | Jun 2025 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2022 | Sep 2023 | Sep 2024 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 515.42 | 513.36 | 791.21 | 456.32 | 503.69 | 634.63 | 518.89 | 486.88 | 690.59 | 533.42 | 422.96 | 614.75 | 666.80 |
Expenses | 463.27 | 460.19 | 719.93 | 395.42 | 456.07 | 574.38 | 460.55 | 436.69 | 644.93 | 470.46 | 377.37 | 559.67 | 604.16 |
Operating Profit | 52.15 | 53.17 | 71.28 | 60.90 | 47.62 | 60.25 | 58.34 | 50.19 | 45.66 | 62.96 | 45.59 | 55.08 | 62.64 |
Other Income | 23.96 | 22.05 | 9.06 | 11.21 | 37.07 | 8.35 | 17.76 | 59.34 | 20.08 | 19.86 | 22.10 | 29.94 | -0.15 |
Profit before tax | 66.95 | 42.44 | 34.19 | 58.75 | 43.69 | 15.89 | 61.74 | 69.10 | 13.07 | 72.52 | 52.07 | 27.26 | 7.98 |
Tax % | 21.34% | 27.19% | 27.08% | 27.30% | 26.62% | 32.66% | 32.30% | 18.48% | 6.81% | 28.27% | 26.46% | 22.52% | 29.20% |
Net Profit | 52.67 | 30.90 | 24.93 | 42.71 | 32.06 | 10.70 | 41.80 | 56.33 | 12.18 | 52.02 | 38.29 | 21.12 | 5.65 |
EPS in Rs | 5.40 | 2.84 | 2.29 | 4.38 | 2.95 | 0.98 | 4.28 | 5.18 | 1.12 | 5.33 | 3.52 | 1.94 | 0.52 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 953 | 1,077 | 1,265 | 1,376 | 1,580 | 1,738 | 1,703 | 1,694 | 2,008 | 2,039 | 1,880 | 2,588 | 2,783 |
Expenses | 897 | 1,013 | 1,124 | 1,213 | 1,387 | 1,555 | 1,478 | 1,457 | 1,774 | 1,830 | 1,669 | 2,352 | 2,543 |
Operating Profit | 56 | 64 | 141 | 162 | 193 | 184 | 224 | 237 | 234 | 208 | 210 | 236 | 240 |
Other Income | 8 | 13 | 21 | 26 | 23 | 30 | 32 | 47 | 70 | 75 | 114 | 95 | 37 |
Interest | 12 | 10 | 7 | 7 | 6 | 7 | 8 | 9 | 7 | 8 | 44 | 94 | 96 |
Depreciation | 20 | 22 | 23 | 24 | 28 | 31 | 33 | 33 | 32 | 41 | 58 | 89 | 110 |
Profit before tax | 32 | 46 | 132 | 157 | 182 | 176 | 215 | 243 | 265 | 234 | 222 | 147 | 71 |
Net Profit | 25 | 34 | 90 | 111 | 126 | 124 | 166 | 181 | 197 | 171 | 168 | 112 | 53 |
EPS in Rs | 7.70 | 10.60 | 27.74 | 11.39 | 12.90 | 12.67 | 16.96 | 18.56 | 20.22 | 17.54 | 15.48 | 10.31 | 4.91 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | – |
Standalone figures in ₹ crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 16 | 16 | 16 | 24 | 24 | 24 | 24 | 24 | 24 | 49 | 54 | 54 | 55 |
Reserves | 170 | 204 | 294 | 397 | 522 | 645 | 806 | 989 | 1,185 | 1,313 | 2,620 | 2,739 | 2,742 |
Borrowings | 91 | 72 | 46 | 4 | 1 | 0 | 3 | 2 | 19 | 149 | 1,000 | 949 | 743 |
Other Liabilities | 193 | 248 | 288 | 350 | 341 | 353 | 337 | 406 | 379 | 406 | 521 | 647 | 681 |
Total Liabilities | 471 | 540 | 645 | 775 | 888 | 1,023 | 1,170 | 1,421 | 1,608 | 1,917 | 4,196 | 4,390 | 4,221 |
Fixed Assets | 165 | 190 | 201 | 233 | 254 | 269 | 279 | 278 | 257 | 311 | 504 | 561 | 2,239 |
Gross Block | 165 | 190 | 335 | 257 | 304 | 350 | 392 | 421 | 429 | 523 | 761 | 898 | – |
Accumulated Depreciation | 0 | 0 | 134 | 23 | 50 | 81 | 113 | 144 | 172 | 212 | 257 | 337 | – |
CWIP | 17 | 8 | 2 | 3 | 4 | 1 | 17 | 1 | 1 | 103 | 80 | 39 | 47 |
Investments | 23 | 30 | 53 | 73 | 195 | 416 | 443 | 623 | 839 | 960 | 3,068 | 3,112 | 862 |
Other Assets | 266 | 311 | 390 | 466 | 436 | 337 | 431 | 519 | 511 | 543 | 543 | 677 | 1,073 |
Total Assets | 471 | 540 | 645 | 775 | 888 | 1,023 | 1,170 | 1,421 | 1,608 | 1,917 | 4,196 | 4,390 | 4,221 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operating Activity | 121 | 110 | 171 | 102 | 114 | 120 | 130 | 178 | 196 | 147 | 246 | 228 |
Cash from Investing Activity | -26 | -41 | -41 | 4 | -71 | -240 | -103 | -163 | -210 | -186 | -2,160 | -53 |
Cash from Financing Activity | -54 | -31 | -32 | -50 | -9 | -8 | -9 | -9 | -6 | 38 | 1,915 | -165 |
Net Cash Flow | 40 | 39 | 97 | 56 | 34 | -129 | 18 | 6 | -21 | -2 | -0 | 10 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 31 | 27 | 21 | 26 | 23 | 22 | 27 | 35 | 25 | 25 | 37 | 34 |
Inventory Days | 51 | 48 | 41 | 52 | 53 | 57 | 73 | 93 | 55 | 63 | 51 | 45 |
Days Payable | 52 | 57 | 49 | 63 | 46 | 43 | 50 | 95 | 53 | 57 | 55 | 51 |
Cash Conversion Cycle | 30 | 17 | 13 | 15 | 30 | 35 | 50 | 33 | 27 | 30 | 33 | 27 |
Working Capital Days | 12 | -23 | -32 | -10 | 4 | 9 | 20 | 19 | 13 | 1 | -49 | -82 |
ROCE % | 16% | 20% | 42% | 42% | 39% | 29% | 29% | 25% | 23% | 16% | 8% | 5% |
Direct from BSE filings, auto-summarised
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