Sheela Foam Ltd

Q3 FY26Consumer Durables

Sheela Foam Q3 FY26 earnings call: Revenue & Margins

Q3 FY26 earnings call: what management guided on revenue, margins and order book.

Price₹665

Market cap₹8.4K Cr

P/E41.4

Updated23 Aug 2026

Read4 min read

The short version

The company targets a medium-term revenue growth of around 15%, aiming to increase from the current approximately 7% growth rate. Sheela Foams aims for a long-term revenue growth target of around 15% per annum, with plans to transition from the current ~7% growth towards this medium-term target.

From Sheela Foam Ltd's Q3 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

The company targets a medium-term revenue growth of around 15%, aiming to increase from the current approximately 7% growth rate.
Volume growth is expected to align closer with value growth, particularly in the mattress and foam segments, aided by price adjustments.
Expansion in showroom formats such as Sleepwell and Kurlon brands is a key strategy to drive growth, with plans to add around 700 new exclusive brand outlets (EBOs) for the year.
Growth in the international business is expected to be moderate, around 5-6%, with cost control measures to maintain profitability.
The focus remains on balancing price hikes with market acceptance to sustain volume growth without significant drop-off.

2 more points management made on revenue & sales performance

Profitability & Margins

Sheela Foams aims for a long-term revenue growth target of around 15% per annum, with plans to transition from the current ~7% growth towards this medium-term target.
EBITDA margins are expected to improve progressively, targeting approximately 14-15% by FY28, moving up gradually from current levels around 10-11%.
Operating leverage benefits are anticipated with revenue growth, though cost flexibility allows scaling back expenses if growth slows.
Consolidated PAT is growing, supported by higher profitability and reduced interest costs due to debt repayment.
Cash PAT stood at INR 209 crores for 9 months FY26, with consistent cash generation expected.
The company expects positive additions to revenue and profitability post recent price hikes in raw materials and finished goods.

2 more points management made on profitability & margins

See what Sheela Foam Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

Maintenance CapEx expected to be around INR 30-40 crores per year.
Total anticipated CapEx including efficiency and debottlenecking CapEx is around INR 125 crores (INR 100 crores in India and INR 25 crores overseas).
No major new CapEx plans currently; focus is on debottlenecking and efficiency improvements with payback periods of 1.5-2 years.
Investment in a new machinery (ordered from overseas) related to synergy realization expected to be installed by mid of the current quarter; full benefits expected in next financial year.
Continued investment in Furlenco: recently infused INR 30 crores alongside new investors to support its growth to INR 500-550 crores topline.

2 more points management made on capital expenditure plans

Top-ranked in Consumer Durables

Ranked on what management guided this quarter

5x potential

1Nanta Tech₹190 Cr

Rev 1Mar 1

2Visdem Technosys₹96 Cr

Rev 1Mar 1

3₹2.5K Cr

Rev 1Mar 2

4₹1.7K Cr

Rev 1Mar 3

5₹1.7K Cr

Rev 1Mar 3

Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

No explicit mention of any current or immediate future fundraising through debt or equity in the transcript.
The company has recently repaid around INR 400 crores of debt using cash from asset sales and prior capital raised during the Kurlon acquisition.
Net debt levels currently stand between INR 600-650 crores consolidated (India less than INR 300 crores, overseas around INR 325-350 crores).
The management indicates stable financials with no major new CapEx plans, implying limited need for fresh funds.

2 more points management made on fundraising & capital structure

See what Sheela Foam Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The transcript does not explicitly mention the current or expected order book or pending orders for Sheela Foams Limited.
There is no direct discussion or figures provided related to order book status during the Q3FY26 earnings call.
The focus in the call is more on revenue growth, margin outlook, expansion strategies, pricing, and market conditions.

2 more points management made on order book & pipeline

Sheela Foam Ltd — Quarterly revenue & net profit

Revenue Net profit

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹1.1K Cr, net profit ₹92 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

What Sheela Foam's management said in earlier quarters

Others in Consumer Durables this season

KDDL Ltd (Q3 FY26)
For Q3FY26, consolidated revenue from operations was Rs 596.7 crore, up 26.4% year-on-year from Rs 472.0 crore in Q3FY25. Key concall takeaways from KDDL Ltd's…
Responsive Industries Ltd (Q3 FY26)
Q3 FY26 Revenue from Operations: ₹311.3 Cr, down 15% YoY from ₹367.8 Cr in Q3 FY25 (Page 8). Key concall takeaways from Responsive Industries Ltd's Q3 FY26…
Tribhovandas Bhimji Zaveri Ltd (Q3 FY26)
Q3 FY26 revenue from operations: ₹10,614.23 million, up 14.40% YoY (vs ₹9,278.50 million in Q3 FY25). Key concall takeaways from Tribhovandas Bhimji Zaveri…
Ethos Ltd (Q3 FY26)
Q3FY26 Revenue from Operations (Consolidated): Rs 468.5 Cr, up 26.7% YoY from Rs 369.9 Cr in Q3FY25 (Page 9). Key concall takeaways from Ethos Ltd's Q3 FY26…

Compare:vs Titan Company Ltd vs Asian Paints vs LG Electronics

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →

Frequently Asked Questions

What were Sheela Foam Ltd Q3 FY26 results?

What is Sheela Foam Ltd share price analysis?

Sheela Foam Ltd currently shows a neutral. The stock trades at a P/E of 41.4 with a market cap of ₹8,427 Cr. Investors should review the full earnings analysis for detailed insights.

Is Sheela Foam Ltd planning capital expenditure?

Maintenance CapEx expected to be around INR 30-40 crores per year.

Keep Sheela Foam Ltd on your radar — track it to get its next earnings analysis in your feed.

This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.