Sheela Foam Ltd.

•

₹ 664.95-0.19%

2026-08-21

sleepwellproducts.com / www.sheelafoam.comBSE: 540203NSE: SFL

Market Cap₹ 7,282 Cr.

Current Price₹ 665

High / Low₹ 832 / 457

Stock P/E0.0

Book Value₹ 269

Price to Book1.76

Dividend Yield0.15 %

ROCE6.7 %

ROE4.6 %

Face Value₹ 5

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ABOUT

KEY POINTS

Revenue Breakup Mar 2021 • Finished Goods - PU Foam Sheets/Mattresses/Rolls/Bolster/Pillows etc.: 97.3% • Traded Goods - Bed Sheets/Comforters/PU Foam/Spring/Coir mattresses etc.: 2.6% • Other Operating Revenue: 0.1%

PROS

Latest quarter profit grew 82.3% YoY, showing strong momentum
Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.88x)
Working capital cycle has improved - days down from -3 to -32
Stock looks reasonably valued - P/E of 39.0 is below its historical median
Company generates healthy free cash flow
Company maintains a comfortable, low leverage position

CONS

Company has a low return on equity of 5.5% over last 3 years
Company has a low return on capital employed of 7.6%
Receivables are growing faster than sales - a possible quality concern
Company has delivered a poor profit growth of -6.3% over past five years
Recurring exceptional / one-off items are inflating headline profit
Operating margins have contracted to 8.8% from 12.7%

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

EDIT COLUMNS

Consumer DurablesFMCGHousehold & Personal Products

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

S.No.	Name	CMP Rs.	P/E	Mar Cap Rs.Cr.	Div Yld %	NP Qtr Rs.Cr.	Qtr Profit Var %	Sales Qtr Rs.Cr.	Qtr Sales Var %	ROCE %	OPM %
1.	HINDUNILVR	2036.65	31.99	478529.50	2.01	2680.00	-3.18	17341.00	6.24	28.98	22.76
2.	GODREJCP	943.25	50.44	96523.24	2.12	504.52	11.51	4225.47	16.02	17.96	18.96
3.	DABUR	400.45	36.02	71038.11	2.06	586.16	15.32	3764.39	10.57	21.37	19.68
4.	COLPAL	1901.00	119.11	51704.47	2.52	3430.80	970.05	16033.00	1018.01	110.06	30.12
5.	CUPID	282.50	276.52	37986.66	0.00	441.49	2841.89	1569.80	2524.64	17.04	39.70
6.	PGHH	8248.35	0.00	26774.75	3.09	126.27	-34.25	891.46	-4.67	157.81	19.08
7.	GILLETTE	7507.15	0.00	24462.21	3.20	159.45	9.44	783.02	10.80	90.62	29.09
8.	EMAMILTD	408.15	23.81	17815.75	2.45	138.94	-15.41	1039.21	14.95	29.54	21.61
9.	GALAXYSURF	2321.35	23.26	8230.29	0.95	165.92	108.73	1781.90	39.44	13.39	13.99
10.	JYOTHYLAB	208.60	20.68	7660.09	1.68	76.27	-2.41	666.96	1.06	30.71	15.49
11.	SAFARI	1489.00	44.20	7295.70	0.27	47.75	-5.43	588.58	11.51	21.55	12.81
12.	SFL	666.80	33.95	7281.68	0.15	62.34	770.67	1031.94	25.63	6.76	10.85

Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

	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
	456	423	513	487	504	615	781	662	697	667	842	819	761
	395	377	460	437	456	560	715	650	630	604	757	729	722
Operating Profit	—	—	—	—	—	—	—	—	—	—	—	—	—
OPM %	—	—	—	—	—	—	—	—	—	—	—	—	—
Other Income	22	22	22	31	25	30	11	59	10	8	8	16	14
Interest	2	3	18	20	22	22	23	29	23	22	11	15	12
Depreciation	11	13	15	20	19	35	33	34	22	33	31	17	17
	59	52	42	69	44	27	20	8	32	8	50	90	59
Tax %	27.30%	26.46%	27.19%	18.48%	26.62%	22.52%	13.92%	-71.03%	25.32%	29.20%	23.28%	16.42%	25.21%
Net Profit	43	38	31	56	32	21	17	14	24	6	39	76	44
	4	4	3	5	3	2	2	1	2	1	4	7	0
Equity Capital	49	54	54	54	54	55	55	55	54	55	55	55	55
Reserves	0	0	0	0	0	0	0	0	0	0	0	0	0
Promoter Pledge %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Equity Capital	49	54	54	54	54	55	55	55	54	55	55	55	55
Reserves	0	0	0	0	0	0	0	0	0	0	0	0	0
Promoter Pledge %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Jun 2023

: 456
: 395
Operating Profit: —
OPM %: —
Other Income: 22
Interest: 2
Depreciation: 11
: 59
Tax %: 27.30%
Net Profit: 43
: 4
Equity Capital: 49
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 49
Reserves: 0
Promoter Pledge %: 0.00%

Sep 2023

: 423
: 377
Operating Profit: —
OPM %: —
Other Income: 22
Interest: 3
Depreciation: 13
: 52
Tax %: 26.46%
Net Profit: 38
: 4
Equity Capital: 54
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 54
Reserves: 0
Promoter Pledge %: 0.00%

Dec 2023

: 513
: 460
Operating Profit: —
OPM %: —
Other Income: 22
Interest: 18
Depreciation: 15
: 42
Tax %: 27.19%
Net Profit: 31
: 3
Equity Capital: 54
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 54
Reserves: 0
Promoter Pledge %: 0.00%

Mar 2024

: 487
: 437
Operating Profit: —
OPM %: —
Other Income: 31
Interest: 20
Depreciation: 20
: 69
Tax %: 18.48%
Net Profit: 56
: 5
Equity Capital: 54
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 54
Reserves: 0
Promoter Pledge %: 0.00%

Jun 2024

: 504
: 456
Operating Profit: —
OPM %: —
Other Income: 25
Interest: 22
Depreciation: 19
: 44
Tax %: 26.62%
Net Profit: 32
: 3
Equity Capital: 54
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 54
Reserves: 0
Promoter Pledge %: 0.00%

Sep 2024

: 615
: 560
Operating Profit: —
OPM %: —
Other Income: 30
Interest: 22
Depreciation: 35
: 27
Tax %: 22.52%
Net Profit: 21
: 2
Equity Capital: 55
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 55
Reserves: 0
Promoter Pledge %: 0.00%

Dec 2024

: 781
: 715
Operating Profit: —
OPM %: —
Other Income: 11
Interest: 23
Depreciation: 33
: 20
Tax %: 13.92%
Net Profit: 17
: 2
Equity Capital: 55
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 55
Reserves: 0
Promoter Pledge %: 0.00%

Mar 2025

: 662
: 650
Operating Profit: —
OPM %: —
Other Income: 59
Interest: 29
Depreciation: 34
: 8
Tax %: -71.03%
Net Profit: 14
: 1
Equity Capital: 55
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 55
Reserves: 0
Promoter Pledge %: 0.00%

Jun 2025

: 697
: 630
Operating Profit: —
OPM %: —
Other Income: 10
Interest: 23
Depreciation: 22
: 32
Tax %: 25.32%
Net Profit: 24
: 2
Equity Capital: 54
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 54
Reserves: 0
Promoter Pledge %: 0.00%

Sep 2025

: 667
: 604
Operating Profit: —
OPM %: —
Other Income: 8
Interest: 22
Depreciation: 33
: 8
Tax %: 29.20%
Net Profit: 6
: 1
Equity Capital: 55
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 55
Reserves: 0
Promoter Pledge %: 0.00%

Dec 2025

: 842
: 757
Operating Profit: —
OPM %: —
Other Income: 8
Interest: 11
Depreciation: 31
: 50
Tax %: 23.28%
Net Profit: 39
: 4
Equity Capital: 55
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 55
Reserves: 0
Promoter Pledge %: 0.00%

Mar 2026

: 819
: 729
Operating Profit: —
OPM %: —
Other Income: 16
Interest: 15
Depreciation: 17
: 90
Tax %: 16.42%
Net Profit: 76
: 7
Equity Capital: 55
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 55
Reserves: 0
Promoter Pledge %: 0.00%

Jun 2026

: 761
: 722
Operating Profit: —
OPM %: —
Other Income: 14
Interest: 12
Depreciation: 17
: 59
Tax %: 25.21%
Net Profit: 44
: 0
Equity Capital: 55
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 55
Reserves: 0
Promoter Pledge %: 0.00%

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
	1,429	1,657	1,814	1,755	1,694	2,008	2,039	1,880	2,675	2,962	3,089
	1,267	1,465	1,632	1,530	1,457	1,774	1,830	1,670	2,496	2,665	2,812
Operating Profit	188	216	214	268	285	304	283	307	307	338	—
OPM %	13	13	12	15	17	15	14	16	11	11	—
Other Income	26	25	32	44	47	70	75	97	127	40	46
Interest	7	6	7	8	9	7	8	44	97	71	60
Depreciation	24	28	31	33	33	32	41	58	130	110	98
	157	183	176	215	243	265	234	222	111	165	208
Tax %	29	31	30	23	26	25	27	24	16	21	21
Net Profit	111	126	124	166	181	197	171	168	93	131	164
EPS	23	26	25	34	37	20	18	15	8	12	—
Dividend Payout %	0	0	0	0	0	0	0	0	0	8	—
Minority Interest	0	0	0	0	0	0	0	0	0	0	0
Share of Associates	0	0	0	0	0	0	0	0	0	0	0
Adjusted EPS	11	13	13	17	19	20	18	15	8	12	—
Minority Interest	0	0	0	0	0	0	0	0	0	0	0
Share of Associates	0	0	0	0	0	0	0	0	0	0	0
Adjusted EPS	11	13	13	17	19	20	18	15	8	12	—

Mar 2017

: 1,429
: 1,267
Operating Profit: 188
OPM %: 13
Other Income: 26
Interest: 7
Depreciation: 24
: 157
Tax %: 29
Net Profit: 111
EPS: 23
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 11
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 11

Mar 2018

: 1,657
: 1,465
Operating Profit: 216
OPM %: 13
Other Income: 25
Interest: 6
Depreciation: 28
: 183
Tax %: 31
Net Profit: 126
EPS: 26
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 13
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 13

Mar 2019

: 1,814
: 1,632
Operating Profit: 214
OPM %: 12
Other Income: 32
Interest: 7
Depreciation: 31
: 176
Tax %: 30
Net Profit: 124
EPS: 25
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 13
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 13

Mar 2020

: 1,755
: 1,530
Operating Profit: 268
OPM %: 15
Other Income: 44
Interest: 8
Depreciation: 33
: 215
Tax %: 23
Net Profit: 166
EPS: 34
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 17
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 17

Mar 2021

: 1,694
: 1,457
Operating Profit: 285
OPM %: 17
Other Income: 47
Interest: 9
Depreciation: 33
: 243
Tax %: 26
Net Profit: 181
EPS: 37
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 19
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 19

Mar 2022

: 2,008
: 1,774
Operating Profit: 304
OPM %: 15
Other Income: 70
Interest: 7
Depreciation: 32
: 265
Tax %: 25
Net Profit: 197
EPS: 20
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 20
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 20

Mar 2023

: 2,039
: 1,830
Operating Profit: 283
OPM %: 14
Other Income: 75
Interest: 8
Depreciation: 41
: 234
Tax %: 27
Net Profit: 171
EPS: 18
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 18
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 18

Mar 2024

: 1,880
: 1,670
Operating Profit: 307
OPM %: 16
Other Income: 97
Interest: 44
Depreciation: 58
: 222
Tax %: 24
Net Profit: 168
EPS: 15
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 15
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 15

Mar 2025

: 2,675
: 2,496
Operating Profit: 307
OPM %: 11
Other Income: 127
Interest: 97
Depreciation: 130
: 111
Tax %: 16
Net Profit: 93
EPS: 8
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 8
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 8

Mar 2026

: 2,962
: 2,665
Operating Profit: 338
OPM %: 11
Other Income: 40
Interest: 71
Depreciation: 110
: 165
Tax %: 21
Net Profit: 131
EPS: 12
Dividend Payout %: 8
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 12
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 12

TTM

: 3,089
: 2,812
Operating Profit: —
OPM %: —
Other Income: 46
Interest: 60
Depreciation: 98
: 208
Tax %: 21
Net Profit: 164
EPS: —
Dividend Payout %: —
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: —
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: —

COMPOUNDED SALES GROWTH

10 Years:: 9%
5 Years:: 12%
3 Years:: 13%

COMPOUNDED PROFIT GROWTH

10 Years:: 4%
5 Years:: -6%
3 Years:: -9%

STOCK PRICE CAGR

10 Years:: —
5 Years:: -10%
3 Years:: -16%
1 Year:: -5%

RETURN ON EQUITY

10 Years:: 17%
5 Years:: 9%
3 Years:: 5%
Last Year:: 5%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
LIABILITIES	-	-	-	-	-	-	-	-	-	-
Equity Capital	24	24	24	24	24	24	49	54	55	55
	397	522	645	806	989	1,185	1,313	2,618	2,713	2,843
	0	0	0	0	0	0	33	169	500	411
Trade Payables	134	113	117	114	233	194	188	161	245	327
	219	229	237	225	416	452	457	1,288	1,000	491
Total Liabilities	775	888	1,023	1,170	1,663	1,855	2,040	4,290	4,513	4,127
ASSETS	-	-	-	-	-	-	-	-	-	-
	232	252	265	275	274	253	307	501	2,268	2,277
Capital Work in Progress	3	4	1	17	1	1	103	80	54	25
	73	195	416	443	623	839	960	3,068	1,082	784
	110	130	153	165	228	203	207	150	246	280
	0	0	0	0	0	0	0	189	219	283
Cash & Bank	196	145	12	29	36	15	13	13	31	12
	162	163	175	240	501	544	450	289	613	466
Total Assets	775	888	1,023	1,170	1,663	1,855	2,040	4,290	4,513	4,127
Total Debt	4	1	0	0	0	0	132	956	895	411
Net Working Capital	158	222	324	340	229	172	724	-241	-27	-296
Contingent Liabilities	25	21	42	20	20	15	16	18	57	56
Book Value per Share	86.36	111.99	137.15	170.17	207.73	247.94	139.62	245.80	253.48	265.34
Face Value	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00
Total Debt	4	1	0	0	0	0	132	956	895	411
Net Working Capital	158	222	324	340	229	172	724	-241	-27	-296
Contingent Liabilities	25	21	42	20	20	15	16	18	57	56
Book Value per Share	86.36	111.99	137.15	170.17	207.73	247.94	139.62	245.80	253.48	265.34
Face Value	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00

Mar 2017

Equity Capital: 24
: 397
: 0
Trade Payables: 134
: 219
Total Liabilities: 775
: 232
Capital Work in Progress: 3
: 73
: 110
: 0
Cash & Bank: 196
: 162
Total Assets: 775
Total Debt: 4
Net Working Capital: 158
Contingent Liabilities: 25
Book Value per Share: 86.36
Face Value: 5.00
Total Debt: 4
Net Working Capital: 158
Contingent Liabilities: 25
Book Value per Share: 86.36
Face Value: 5.00

Mar 2018

Equity Capital: 24
: 522
: 0
Trade Payables: 113
: 229
Total Liabilities: 888
: 252
Capital Work in Progress: 4
: 195
: 130
: 0
Cash & Bank: 145
: 163
Total Assets: 888
Total Debt: 1
Net Working Capital: 222
Contingent Liabilities: 21
Book Value per Share: 111.99
Face Value: 5.00
Total Debt: 1
Net Working Capital: 222
Contingent Liabilities: 21
Book Value per Share: 111.99
Face Value: 5.00

Mar 2019

Equity Capital: 24
: 645
: 0
Trade Payables: 117
: 237
Total Liabilities: 1,023
: 265
Capital Work in Progress: 1
: 416
: 153
: 0
Cash & Bank: 12
: 175
Total Assets: 1,023
Total Debt: 0
Net Working Capital: 324
Contingent Liabilities: 42
Book Value per Share: 137.15
Face Value: 5.00
Total Debt: 0
Net Working Capital: 324
Contingent Liabilities: 42
Book Value per Share: 137.15
Face Value: 5.00

Mar 2020

Equity Capital: 24
: 806
: 0
Trade Payables: 114
: 225
Total Liabilities: 1,170
: 275
Capital Work in Progress: 17
: 443
: 165
: 0
Cash & Bank: 29
: 240
Total Assets: 1,170
Total Debt: 0
Net Working Capital: 340
Contingent Liabilities: 20
Book Value per Share: 170.17
Face Value: 5.00
Total Debt: 0
Net Working Capital: 340
Contingent Liabilities: 20
Book Value per Share: 170.17
Face Value: 5.00

Mar 2021

Equity Capital: 24
: 989
: 0
Trade Payables: 233
: 416
Total Liabilities: 1,663
: 274
Capital Work in Progress: 1
: 623
: 228
: 0
Cash & Bank: 36
: 501
Total Assets: 1,663
Total Debt: 0
Net Working Capital: 229
Contingent Liabilities: 20
Book Value per Share: 207.73
Face Value: 5.00
Total Debt: 0
Net Working Capital: 229
Contingent Liabilities: 20
Book Value per Share: 207.73
Face Value: 5.00

Mar 2022

Equity Capital: 24
: 1,185
: 0
Trade Payables: 194
: 452
Total Liabilities: 1,855
: 253
Capital Work in Progress: 1
: 839
: 203
: 0
Cash & Bank: 15
: 544
Total Assets: 1,855
Total Debt: 0
Net Working Capital: 172
Contingent Liabilities: 15
Book Value per Share: 247.94
Face Value: 5.00
Total Debt: 0
Net Working Capital: 172
Contingent Liabilities: 15
Book Value per Share: 247.94
Face Value: 5.00

Mar 2023

Equity Capital: 49
: 1,313
: 33
Trade Payables: 188
: 457
Total Liabilities: 2,040
: 307
Capital Work in Progress: 103
: 960
: 207
: 0
Cash & Bank: 13
: 450
Total Assets: 2,040
Total Debt: 132
Net Working Capital: 724
Contingent Liabilities: 16
Book Value per Share: 139.62
Face Value: 5.00
Total Debt: 132
Net Working Capital: 724
Contingent Liabilities: 16
Book Value per Share: 139.62
Face Value: 5.00

Mar 2024

Equity Capital: 54
: 2,618
: 169
Trade Payables: 161
: 1,288
Total Liabilities: 4,290
: 501
Capital Work in Progress: 80
: 3,068
: 150
: 189
Cash & Bank: 13
: 289
Total Assets: 4,290
Total Debt: 956
Net Working Capital: -241
Contingent Liabilities: 18
Book Value per Share: 245.80
Face Value: 5.00
Total Debt: 956
Net Working Capital: -241
Contingent Liabilities: 18
Book Value per Share: 245.80
Face Value: 5.00

Mar 2025

Equity Capital: 55
: 2,713
: 500
Trade Payables: 245
: 1,000
Total Liabilities: 4,513
: 2,268
Capital Work in Progress: 54
: 1,082
: 246
: 219
Cash & Bank: 31
: 613
Total Assets: 4,513
Total Debt: 895
Net Working Capital: -27
Contingent Liabilities: 57
Book Value per Share: 253.48
Face Value: 5.00
Total Debt: 895
Net Working Capital: -27
Contingent Liabilities: 57
Book Value per Share: 253.48
Face Value: 5.00

Mar 2026

Equity Capital: 55
: 2,843
: 411
Trade Payables: 327
: 491
Total Liabilities: 4,127
: 2,277
Capital Work in Progress: 25
: 784
: 280
: 283
Cash & Bank: 12
: 466
Total Assets: 4,127
Total Debt: 411
Net Working Capital: -296
Contingent Liabilities: 56
Book Value per Share: 265.34
Face Value: 5.00
Total Debt: 411
Net Working Capital: -296
Contingent Liabilities: 56
Book Value per Share: 265.34
Face Value: 5.00

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	102	114	120	130	178	196	147	246	232	259
Cash from Investing	4	-71	-240	-103	-163	-210	-187	-2,160	-46	292
Cash from Financing	-50	-9	-8	-9	-9	-6	38	1,915	-173	-570
	56	34	-129	18	6	-21	-2	-0	13	-19
Free Cash Flow	102	66	79	73	164	188	-50	31	-1,743	213
OCF / Net Profit	0.92	0.90	0.97	0.78	0.98	0.99	0.86	1.46	2.50	1.98
Cumulative 5-Year FCF	0	0	0	0	484	570	455	406	-1,409	-1,361
OCF / Net Profit	0.92	0.90	0.97	0.78	0.98	0.99	0.86	1.46	2.50	1.98
Cumulative 5-Year FCF	0	0	0	0	484	570	455	406	-1,409	-1,361

Mar 2017

: 102
Cash from Investing: 4
Cash from Financing: -50
: 56
Free Cash Flow: 102
OCF / Net Profit: 0.92
Cumulative 5-Year FCF: 0
OCF / Net Profit: 0.92
Cumulative 5-Year FCF: 0

Mar 2018

: 114
Cash from Investing: -71
Cash from Financing: -9
: 34
Free Cash Flow: 66
OCF / Net Profit: 0.90
Cumulative 5-Year FCF: 0
OCF / Net Profit: 0.90
Cumulative 5-Year FCF: 0

Mar 2019

: 120
Cash from Investing: -240
Cash from Financing: -8
: -129
Free Cash Flow: 79
OCF / Net Profit: 0.97
Cumulative 5-Year FCF: 0
OCF / Net Profit: 0.97
Cumulative 5-Year FCF: 0

Mar 2020

: 130
Cash from Investing: -103
Cash from Financing: -9
: 18
Free Cash Flow: 73
OCF / Net Profit: 0.78
Cumulative 5-Year FCF: 0
OCF / Net Profit: 0.78
Cumulative 5-Year FCF: 0

Mar 2021

: 178
Cash from Investing: -163
Cash from Financing: -9
: 6
Free Cash Flow: 164
OCF / Net Profit: 0.98
Cumulative 5-Year FCF: 484
OCF / Net Profit: 0.98
Cumulative 5-Year FCF: 484

Mar 2022

: 196
Cash from Investing: -210
Cash from Financing: -6
: -21
Free Cash Flow: 188
OCF / Net Profit: 0.99
Cumulative 5-Year FCF: 570
OCF / Net Profit: 0.99
Cumulative 5-Year FCF: 570

Mar 2023

: 147
Cash from Investing: -187
Cash from Financing: 38
: -2
Free Cash Flow: -50
OCF / Net Profit: 0.86
Cumulative 5-Year FCF: 455
OCF / Net Profit: 0.86
Cumulative 5-Year FCF: 455

Mar 2024

: 246
Cash from Investing: -2,160
Cash from Financing: 1,915
: -0
Free Cash Flow: 31
OCF / Net Profit: 1.46
Cumulative 5-Year FCF: 406
OCF / Net Profit: 1.46
Cumulative 5-Year FCF: 406

Mar 2025

: 232
Cash from Investing: -46
Cash from Financing: -173
: 13
Free Cash Flow: -1,743
OCF / Net Profit: 2.50
Cumulative 5-Year FCF: -1,409
OCF / Net Profit: 2.50
Cumulative 5-Year FCF: -1,409

Mar 2026

: 259
Cash from Investing: 292
Cash from Financing: -570
: -19
Free Cash Flow: 213
OCF / Net Profit: 1.98
Cumulative 5-Year FCF: -1,361
OCF / Net Profit: 1.98
Cumulative 5-Year FCF: -1,361

Ratios

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
PER SHARE	-	-	-	-	-	-	-	-	-	-
EPS (₹)	22.79	25.82	25.35	33.93	37.13	40.45	17.54	15.48	8.49	11.96
Book Value (₹)	86.36	111.99	137.15	170.17	207.73	247.94	139.62	245.80	253.48	265.34
Dividend per Share (₹)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.00
Cash EPS (₹)	13.81	15.75	15.86	20.36	21.90	23.54	21.75	20.85	20.38	22.05
PROFITABILITY	-	-	-	-	-	-	-	-	-	-
Operating Margin %	11.84%	12.74%	11.80%	15.29%	16.30%	13.96%	12.67%	10.03%	5.93%	8.83%
Net Margin %	6.99%	7.43%	6.82%	9.43%	10.37%	9.06%	7.65%	8.04%	3.06%	3.88%
ROE %	30.39%	26.03%	20.35%	22.08%	19.65%	17.75%	13.31%	8.34%	3.41%	4.61%
ROCE %	42.11%	38.71%	30.07%	29.78%	27.35%	24.44%	17.92%	10.39%	5.69%	6.74%
	15.65%	15.14%	12.94%	15.10%	12.79%	11.22%	8.78%	5.32%	2.11%	3.02%
EFFICIENCY	-	-	-	-	-	-	-	-	-	-
Debtor Days	20	22	21	24	30	25	22	29	25	27
Inventory Days	21	26	28	33	41	36	33	31	24	28
Payable Days	53	50	42	51	71	62	58	60	42	55
	-12	-3	7	6	1	-1	-2	0	7	1
FINANCIAL HEALTH	-	-	-	-	-	-	-	-	-	-
Debt to Equity (x)	0.01x	0.00x	0.00x	0.00x	0.00x	0.00x	0.10x	0.36x	0.32x	0.14x
Interest Coverage (x)	22.25x	32.71x	24.93x	27.44x	29.05x	38.21x	29.80x	6.08x	2.14x	3.32x
	1.54x	1.83x	2.22x	2.36x	1.67x	1.54x	2.80x	0.63x	0.98x	0.73x
GROWTH	-	-	-	-	-	-	-	-	-	-
Revenue Growth %	12.94%	15.95%	9.49%	-3.25%	-3.47%	18.56%	1.51%	-7.80%	42.34%	10.73%
Operating Profit Growth %	16.35%	14.75%	-0.93%	25.39%	6.07%	6.81%	-6.82%	8.26%	0.05%	10.12%
Net Profit Growth %	23.35%	13.25%	-1.80%	33.83%	9.45%	8.92%	-13.29%	-1.67%	-44.90%	40.85%
	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-11.75%	-45.14%	40.83%
VALUATION	-	-	-	-	-	-	-	-	-	-
P/E (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	60.77x	83.72x	39.04x
P/B (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	3.83x	2.80x	1.76x
Dividend Yield %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.21%
	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	36.40x	28.11x	16.27x

Mar 2017

EPS (₹): 22.79
Book Value (₹): 86.36
Dividend per Share (₹): 0.00
Cash EPS (₹): 13.81
Operating Margin %: 11.84%
Net Margin %: 6.99%
ROE %: 30.39%
ROCE %: 42.11%
: 15.65%
Debtor Days: 20
Inventory Days: 21
Payable Days: 53
: -12
Debt to Equity (x): 0.01x
Interest Coverage (x): 22.25x
: 1.54x
Revenue Growth %: 12.94%
Operating Profit Growth %: 16.35%
Net Profit Growth %: 23.35%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2018

EPS (₹): 25.82
Book Value (₹): 111.99
Dividend per Share (₹): 0.00
Cash EPS (₹): 15.75
Operating Margin %: 12.74%
Net Margin %: 7.43%
ROE %: 26.03%
ROCE %: 38.71%
: 15.14%
Debtor Days: 22
Inventory Days: 26
Payable Days: 50
: -3
Debt to Equity (x): 0.00x
Interest Coverage (x): 32.71x
: 1.83x
Revenue Growth %: 15.95%
Operating Profit Growth %: 14.75%
Net Profit Growth %: 13.25%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2019

EPS (₹): 25.35
Book Value (₹): 137.15
Dividend per Share (₹): 0.00
Cash EPS (₹): 15.86
Operating Margin %: 11.80%
Net Margin %: 6.82%
ROE %: 20.35%
ROCE %: 30.07%
: 12.94%
Debtor Days: 21
Inventory Days: 28
Payable Days: 42
: 7
Debt to Equity (x): 0.00x
Interest Coverage (x): 24.93x
: 2.22x
Revenue Growth %: 9.49%
Operating Profit Growth %: -0.93%
Net Profit Growth %: -1.80%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2020

EPS (₹): 33.93
Book Value (₹): 170.17
Dividend per Share (₹): 0.00
Cash EPS (₹): 20.36
Operating Margin %: 15.29%
Net Margin %: 9.43%
ROE %: 22.08%
ROCE %: 29.78%
: 15.10%
Debtor Days: 24
Inventory Days: 33
Payable Days: 51
: 6
Debt to Equity (x): 0.00x
Interest Coverage (x): 27.44x
: 2.36x
Revenue Growth %: -3.25%
Operating Profit Growth %: 25.39%
Net Profit Growth %: 33.83%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2021

EPS (₹): 37.13
Book Value (₹): 207.73
Dividend per Share (₹): 0.00
Cash EPS (₹): 21.90
Operating Margin %: 16.30%
Net Margin %: 10.37%
ROE %: 19.65%
ROCE %: 27.35%
: 12.79%
Debtor Days: 30
Inventory Days: 41
Payable Days: 71
: 1
Debt to Equity (x): 0.00x
Interest Coverage (x): 29.05x
: 1.67x
Revenue Growth %: -3.47%
Operating Profit Growth %: 6.07%
Net Profit Growth %: 9.45%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2022

EPS (₹): 40.45
Book Value (₹): 247.94
Dividend per Share (₹): 0.00
Cash EPS (₹): 23.54
Operating Margin %: 13.96%
Net Margin %: 9.06%
ROE %: 17.75%
ROCE %: 24.44%
: 11.22%
Debtor Days: 25
Inventory Days: 36
Payable Days: 62
: -1
Debt to Equity (x): 0.00x
Interest Coverage (x): 38.21x
: 1.54x
Revenue Growth %: 18.56%
Operating Profit Growth %: 6.81%
Net Profit Growth %: 8.92%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2023

EPS (₹): 17.54
Book Value (₹): 139.62
Dividend per Share (₹): 0.00
Cash EPS (₹): 21.75
Operating Margin %: 12.67%
Net Margin %: 7.65%
ROE %: 13.31%
ROCE %: 17.92%
: 8.78%
Debtor Days: 22
Inventory Days: 33
Payable Days: 58
: -2
Debt to Equity (x): 0.10x
Interest Coverage (x): 29.80x
: 2.80x
Revenue Growth %: 1.51%
Operating Profit Growth %: -6.82%
Net Profit Growth %: -13.29%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2024

EPS (₹): 15.48
Book Value (₹): 245.80
Dividend per Share (₹): 0.00
Cash EPS (₹): 20.85
Operating Margin %: 10.03%
Net Margin %: 8.04%
ROE %: 8.34%
ROCE %: 10.39%
: 5.32%
Debtor Days: 29
Inventory Days: 31
Payable Days: 60
: 0
Debt to Equity (x): 0.36x
Interest Coverage (x): 6.08x
: 0.63x
Revenue Growth %: -7.80%
Operating Profit Growth %: 8.26%
Net Profit Growth %: -1.67%
: -11.75%
P/E (x): 60.77x
P/B (x): 3.83x
Dividend Yield %: 0.00%
: 36.40x

Mar 2025

EPS (₹): 8.49
Book Value (₹): 253.48
Dividend per Share (₹): 0.00
Cash EPS (₹): 20.38
Operating Margin %: 5.93%
Net Margin %: 3.06%
ROE %: 3.41%
ROCE %: 5.69%
: 2.11%
Debtor Days: 25
Inventory Days: 24
Payable Days: 42
: 7
Debt to Equity (x): 0.32x
Interest Coverage (x): 2.14x
: 0.98x
Revenue Growth %: 42.34%
Operating Profit Growth %: 0.05%
Net Profit Growth %: -44.90%
: -45.14%
P/E (x): 83.72x
P/B (x): 2.80x
Dividend Yield %: 0.00%
: 28.11x

Mar 2026

EPS (₹): 11.96
Book Value (₹): 265.34
Dividend per Share (₹): 1.00
Cash EPS (₹): 22.05
Operating Margin %: 8.83%
Net Margin %: 3.88%
ROE %: 4.61%
ROCE %: 6.74%
: 3.02%
Debtor Days: 27
Inventory Days: 28
Payable Days: 55
: 1
Debt to Equity (x): 0.14x
Interest Coverage (x): 3.32x
: 0.73x
Revenue Growth %: 10.73%
Operating Profit Growth %: 10.12%
Net Profit Growth %: 40.85%
: 40.83%
P/E (x): 39.04x
P/B (x): 1.76x
Dividend Yield %: 0.21%
: 16.27x

Shareholding Pattern

Numbers in percentages

TRADES

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	65.48	65.48	65.70	65.69	65.69	65.69	65.69	65.69	65.39
	6.40	6.60	6.56	6.23	4.63	4.07	4.18	4.15	4.17
	23.40	22.30	21.03	21.17	21.12	21.11	20.39	20.55	18.52
Government	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	4.72	5.63	6.71	6.91	8.56	9.14	9.75	9.60	11.92

Jun 2024

: 65.48
: 6.40
: 23.40
Government: 0.00
: 4.72

Sep 2024

: 65.48
: 6.60
: 22.30
Government: 0.00
: 5.63

Dec 2024

: 65.70
: 6.56
: 21.03
Government: 0.00
: 6.71

Mar 2025

: 65.69
: 6.23
: 21.17
Government: 0.00
: 6.91

Jun 2025

: 65.69
: 4.63
: 21.12
Government: 0.00
: 8.56

Sep 2025

: 65.69
: 4.07
: 21.11
Government: 0.00
: 9.14

Dec 2025

: 65.69
: 4.18
: 20.39
Government: 0.00
: 9.75

Mar 2026

: 65.69
: 4.15
: 20.55
Government: 0.00
: 9.60

Jun 2026

: 65.39
: 4.17
: 18.52
Government: 0.00
: 11.92

Documents

Announcements

Copy of Newspaper Publication
2026-08-21 - Sheela Foam Limited has informed the Exchange about Copy of Newspaper Publication
Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-21 - Sheela Foam Limited has informed the Exchange about Schedule of meet

Annual Reports

Nothing filed yet.

Credit Ratings

Nothing filed yet.

Concalls

Aug 2026
Transcript PPTREC
May 2026
Transcript PPTREC
Feb 2026
Transcript PPTREC