SFL
Sheela Foam Limited
Mattress and home comfort products under Sleepwell brand
Consumer Discretionary›Consumer Durables›Consumer Durables›Furniture, Home Furnishing
sheelafoam.com(opens the company website in a new tab)Key metrics
Price as of 2026-10-16
Full years shown; sign in free for the trailing twelve months. Learn about these metrics →
Price & valuation
Share price and valuation multiples (P/E, P/B and more) over time.
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What you need to know
Sheela Foam makes foam and mattresses sold to Indian households under the Sleepwell and Kurlon brands, mainly through its own showrooms, other retail outlets and online, with overseas operations as well.
Company snapshot
1stBy market cap
Ranked among 8 companies in Furniture, Home Furnishing.
Segment mix
Reportable segments as of 2024-06-30 (Consolidated). Revenue share = segment revenue ÷ total revenue.
Largest segment: 76.4% of revenue
| Segment | Revenue share | Revenue | PBT | Assets |
|---|---|---|---|---|
| Outside India | 23.6% | 191 Cr | 0 Cr | 0 Cr |
| Within India | 76.4% | 619 Cr | 0 Cr | 0 Cr |
What we see
- ✓Debt-to-equity of 0.28x — the company is largely funded by its own money, not borrowed funds.
Statement tables · Consolidated
Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.
Amounts in ₹ Cr · tap + to expand rows
Quarterly results
Quarterly · ₹ Cr · tap + rows to expand
| Metric | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 613 Cr | 879 Cr | 845 Cr | 810 Cr | 813 Cr | 967 Cr | 850 Cr | 821 Cr | 875 Cr | 1,074 Cr | 1,050 Cr | 1,032 Cr |
| Operating expenses (approx.) | 547 Cr | 803 Cr | 765 Cr | 750 Cr | 743 Cr | 879 Cr | 817 Cr | 746 Cr | 788 Cr | 960 Cr | 933 Cr | 923 Cr |
| EBITDA | 66 Cr | 76 Cr | 81 Cr | 60 Cr | 69 Cr | 88 Cr | 33 Cr | 75 Cr | 87 Cr | 114 Cr | 117 Cr | 109 Cr |
| OPM % | 10.8% | 8.7% | 9.5% | 7.4% | 8.5% | 9.1% | 3.9% | 9.2% | 10.0% | 10.6% | 11.1% | 10.6% |
| Other income | 24 Cr | 32 Cr | 37 Cr | 31 Cr | 32 Cr | 7 Cr | 61 Cr | 10 Cr | 11 Cr | 16 Cr | 18 Cr | 16 Cr |
| Interest | 9 Cr | 25 Cr | 27 Cr | 28 Cr | 28 Cr | 29 Cr | 35 Cr | 29 Cr | 28 Cr | 17 Cr | 21 Cr | 18 Cr |
| Depreciation | 22 Cr | 30 Cr | 41 Cr | 40 Cr | 48 Cr | 45 Cr | 50 Cr | 46 Cr | 50 Cr | 47 Cr | 36 Cr | 34 Cr |
| Profit before tax | 60 Cr | 46 Cr | 80 Cr | 53 Cr | 25 Cr | 22 Cr | 10 Cr | 12 Cr | 15 Cr | 69 Cr | 109 Cr | 83 Cr |
| Tax % | 26.0% | 31.7% | 18.1% | 12.5% | 62.7% | 13.5% | -128.7% | 38.4% | 31.7% | 23.5% | 15.5% | 24.6% |
| Net profit | 44 Cr | 31 Cr | 65 Cr | 47 Cr | 9 Cr | 19 Cr | 22 Cr | 7 Cr | 10 Cr | 53 Cr | 92 Cr | 62 Cr |
| EPS (₹) | ₹4.48 | ₹2.83 | ₹5.94 | ₹4.23 | ₹0.90 | ₹1.73 | ₹1.98 | ₹0.68 | ₹0.88 | ₹4.77 | ₹8.36 | ₹5.63 |
Profit & loss (annual)
Annual · last column is TTM · ₹ Cr · tap + to expand
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,895 Cr | 2,004 Cr | 2,141 Cr | 2,174 Cr | 2,435 Cr | 2,982 Cr | 2,873 Cr | 2,982 Cr | 3,439 Cr | 3,821 Cr | Sign in free for the trailing twelve months |
| Operating expenses (approx.) | 1,698 Cr | 1,788 Cr | 1,932 Cr | 1,873 Cr | 2,073 Cr | 2,667 Cr | 2,576 Cr | 2,682 Cr | 3,189 Cr | 3,427 Cr | Sign in free for the trailing twelve months |
| EBITDA | 196 Cr | 216 Cr | 209 Cr | 300 Cr | 362 Cr | 315 Cr | 297 Cr | 301 Cr | 250 Cr | 393 Cr | Sign in free for the trailing twelve months |
| OPM % | 10.4% | 10.8% | 9.8% | 13.8% | 14.9% | 10.6% | 10.3% | 10.1% | 7.3% | 10.3% | Sign in free for the trailing twelve months |
| Other income | 23 Cr | 21 Cr | 29 Cr | 40 Cr | 52 Cr | 79 Cr | 87 Cr | 117 Cr | 131 Cr | 54 Cr | Sign in free for the trailing twelve months |
| Interest | 11 Cr | 9 Cr | 10 Cr | 13 Cr | 18 Cr | 17 Cr | 21 Cr | 69 Cr | 121 Cr | 95 Cr | Sign in free for the trailing twelve months |
| Depreciation | 30 Cr | 35 Cr | 40 Cr | 59 Cr | 73 Cr | 81 Cr | 90 Cr | 116 Cr | 183 Cr | 179 Cr | Sign in free for the trailing twelve months |
| Profit before tax | 178 Cr | 193 Cr | 189 Cr | 256 Cr | 324 Cr | 296 Cr | 273 Cr | 245 Cr | 109 Cr | 203 Cr | Sign in free for the trailing twelve months |
| Tax % | 29.4% | 30.9% | 29.4% | 24.2% | 25.8% | 26.2% | 25.6% | 25.0% | 11.6% | 20.9% | Sign in free for the trailing twelve months |
| Net profit | 126 Cr | 134 Cr | 134 Cr | 194 Cr | 240 Cr | 219 Cr | 203 Cr | 184 Cr | 97 Cr | 161 Cr | Sign in free for the trailing twelve months |
| EPS (₹) | ₹25.74 | ₹27.41 | ₹27.41 | ₹39.83 | ₹49.23 | ₹44.83 | ₹20.81 | ₹17.66 | ₹8.84 | ₹14.62 | Sign in free for the trailing twelve months |
| Dividend payout % | — | — | — | — | 1.0% | 1.7% | 1.4% | 0.5% | 0.1% | -0.2% | Sign in free for the trailing twelve months |
The latest four quarters added up, next to each full year
Balance sheet
Annual · ₹ Cr · tap + rows to expand
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 24 Cr | 24 Cr | 24 Cr | 24 Cr | 24 Cr | 24 Cr | 49 Cr | 54 Cr | 54 Cr | 55 Cr |
| Reserves | 439 Cr | 573 Cr | 706 Cr | 895 Cr | 1,169 Cr | 1,368 Cr | 1,552 Cr | 2,866 Cr | 2,981 Cr | 3,197 Cr |
| Borrowings | 48 Cr | 36 Cr | 28 Cr | 193 Cr | 206 Cr | 338 Cr | 468 Cr | 1,281 Cr | 1,462 Cr | 908 Cr |
| Other liabilities | 407 Cr | 410 Cr | 403 Cr | 531 Cr | 677 Cr | 634 Cr | 635 Cr | 1,078 Cr | 909 Cr | 949 Cr |
| Total liabilities | 918 Cr | 1,043 Cr | 1,162 Cr | 1,651 Cr | 2,076 Cr | 2,372 Cr | 2,711 Cr | 5,340 Cr | 5,467 Cr | 5,117 Cr |
| Fixed assets (net) | 309 Cr | 339 Cr | 340 Cr | 466 Cr | 458 Cr | 435 Cr | 429 Cr | 1,160 Cr | 1,382 Cr | 1,384 Cr |
| CWIP | 36 Cr | 52 Cr | 0.74 Cr | 18 Cr | 5 Cr | 120 Cr | 287 Cr | 161 Cr | 131 Cr | 27 Cr |
| Investments | 0.0035 Cr | 98 Cr | 381 Cr | 290 Cr | 467 Cr | 674 Cr | 822 Cr | 928 Cr | 921 Cr | 635 Cr |
| Loans & advances | — | — | 0.19 Cr | 6 Cr | 6 Cr | 6 Cr | 0.67 Cr | 1 Cr | 1 Cr | 2 Cr |
| Inventories | 147 Cr | 173 Cr | 187 Cr | 227 Cr | 315 Cr | 314 Cr | 331 Cr | 339 Cr | 350 Cr | 393 Cr |
| Trade receivables | 139 Cr | 147 Cr | 152 Cr | 216 Cr | 302 Cr | 285 Cr | 282 Cr | 364 Cr | 346 Cr | 442 Cr |
| Cash & bank | 118 Cr | 152 Cr | 17 Cr | 44 Cr | 57 Cr | 41 Cr | 42 Cr | 44 Cr | 41 Cr | 33 Cr |
| Other assets | 170 Cr | 82 Cr | 84 Cr | 384 Cr | 466 Cr | 497 Cr | 516 Cr | 2,342 Cr | 2,295 Cr | 2,202 Cr |
| Total assets | 918 Cr | 1,043 Cr | 1,162 Cr | 1,651 Cr | 2,076 Cr | 2,372 Cr | 2,711 Cr | 5,340 Cr | 5,467 Cr | 5,117 Cr |
Cash flows
Annual · ₹ Cr · tap + rows to expand · last column includes FCF
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 122 Cr | 134 Cr | 138 Cr | 164 Cr | 260 Cr | 197 Cr | 212 Cr | 57 Cr | 252 Cr | 409 Cr |
| Cash from investing | 2 Cr | -80 Cr | -246 Cr | -295 Cr | 215 Cr | -306 Cr | -268 Cr | -1,909 Cr | -29 Cr | 296 Cr |
| Cash from financing | -67 Cr | -20 Cr | -27 Cr | 158 Cr | -32 Cr | 93 Cr | 56 Cr | 1,854 Cr | -226 Cr | -716 Cr |
| Net cash flow | 57 Cr | 34 Cr | -135 Cr | 27 Cr | 443 Cr | -17 Cr | -0.28 Cr | 2 Cr | -3 Cr | -8 Cr |
| Free cash flow (OCF − Capex) | 25 Cr | 43 Cr | 85 Cr | -20 Cr | 260 Cr | 34 Cr | 0.39 Cr | -653 Cr | 101 Cr | 272 Cr |
Ratios
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | 36.9% | 31.9% | 26.2% | 24.0% | 24.4% | 18.0% | 14.2% | 7.4% | 5.0% | 7.2% |
| ROE % | 27.1% | 22.4% | 18.3% | 20.9% | 20.1% | 15.6% | 12.5% | 6.1% | 3.1% | 4.9% |
| Debtor days | 27 | 27 | 26 | 36 | 45 | 35 | 36 | 45 | 37 | 42 |
| Inventory days | 57 | 59 | 60 | 76 | 84 | 64 | 75 | 78 | 64 | 70 |
| Days payable | 63 | 50 | 46 | 57 | 66 | 61 | 58 | 89 | 66 | 81 |
| Cash conversion cycle | 21 | 36 | 40 | 56 | 63 | 37 | 52 | 33 | 35 | 31 |
| OCF / EBITDA % | 62.2% | 61.8% | 65.8% | 54.4% | 71.8% | 62.6% | 71.3% | 18.8% | 101.0% | 104.1% |
| OCF / EBITDA % (3 years) | — | — | 63.3% | 59.9% | 64.4% | 63.5% | 68.7% | 51.0% | 61.4% | 76.1% |
| Debt / equity | 0.10 | 0.06 | 0.04 | 0.21 | 0.17 | 0.24 | 0.29 | 0.44 | 0.48 | 0.28 |
| Current ratio | 1.44 | 1.62 | 2.00 | 1.97 | 1.55 | 1.47 | 2.10 | 0.77 | 0.93 | 0.83 |
| Net debt / EBITDA | -0.36 | — | 0.05 | 0.50 | 0.41 | 0.94 | 1.43 | 4.12 | 5.69 | 2.22 |