Sheela Foam has released its earnings presentation for Q3 and 9M FY26, showcasing strong financial performance. Consolidated PAT reached ₹53 cr for the quarter and ₹69 cr for the nine-month period. Core EBITDA margins remained robust at 10.9% and 10.6% respectively. The company also reported volume growth in mattress and foam segments and significant expansion of showrooms and distribution networks.
Financial Performance – 9M FY26
The company reported strong consolidated results for the nine-month period ending December 31, 2025:
- Operating revenue grew by 7% to ₹2771 cr.
- Core EBITDA grew by 34% to ₹293 cr, with margin expansion of 213 bps to 10.6%.
- Australia EBITDA at 9.8%; Spain EBITDA at 9.7%.
- PAT at ₹69 cr with cash EPS of ₹19.06 and diluted EPS of ₹6.25.
Financial Performance – Q3 FY26
Key consolidated highlights for the quarter include:
- PAT stood at ₹53 cr.
- Core EBITDA margin was 10.9%.
- Mattress volume increased by 11%, and Foam volume grew by 20%.
Segmental Performance
The company witnessed positive contributions from its various business segments:
- Standalone CORE EBITDA: 10.3%
- Joyce (Australia) EBITDA: 12.5%
- Interplasp (Spain) EBITDA: 11.9%
Operational Highlights
Key operational achievements for the 9-month period include:
- Mattress volume growth of 11% in Q3 FY26.
- Foam volume growth of 20% in Q3FY26.
- Launched 607 net new showrooms.
International Business
The company’s international business segments demonstrated strong performance:
- Australia: Improving profitability, and waste reduction.
- Spain: Better sales realizations aiding growth.
ESG Initiatives
- Committed to increasing Gender Diversity to 10% by 2030.
- Targeting 37% energy from solar sources by 2030.
- Focusing on waste reduction and employing persons with disabilities.
Source: BSE
