Sheela Foam Limited has reported a strong financial performance for the quarter and year ended March 31, 2026. The company achieved a record annual profit of ₹161 crore, marking a 78% year-on-year increase. Driven by robust volume growth in both the mattress and foam segments, the Board has recommended a 20% dividend, reflecting confidence in the firm’s integrated business model and successful acquisition strategies.
Financial Highlights
For the financial year ended March 31, 2026, Sheela Foam reported a consolidated revenue of ₹3,821 crore, an 11% increase over the previous year. Core EBITDA saw significant growth of 46%, reaching ₹414 crore. The company’s profitability also scaled impressively, with a Profit After Tax (PAT) of ₹161 crore. In the final quarter (Jan-Mar 2026), the company demonstrated strong momentum with a 24% revenue growth and a 90% rise in Core EBITDA to ₹121 crore.
Operational Success and Strategy
The company attributed its positive performance to higher volumes in its core segments. Mattress volumes grew by 13% in Q4 and 12% for the full year, while foam volumes experienced a notable 34% growth during the final quarter. Mr. Rahul Gautam, Chairman & Managing Director, highlighted that fiscal year 2026 was pivotal in realizing the synergies from the Kurlon acquisition. The integration of the Sleepwell and Kurlon brands has played a vital role in achieving the company’s highest-ever turnover and EBITDA to date.
Future Outlook
Sheela Foam continues to focus on its role as a leading global manufacturer of polyurethane foam. With a network of over 11,000 retail touchpoints, the company remains committed to its strategy of profitable growth and product innovation. The board’s recommendation of a 20% dividend underscores a commitment to delivering value to its shareholders following this year of broad-based performance across its Indian and international operations.
Source: BSE
