Sheela Foam Ltd

Q4 FY26Consumer Durables

Sheela Foam Ltd Q4 FY26 Results & Concall Highlights: Revenue, Margins & Order Book

Q4 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 growth rate of around 15% plus, aiming for better than 15% due to raw material price increases. Sheela Foam targets a growth rate of around 15%+ annually, potentially higher due to recent raw material price increases.

From Sheela Foam Ltd's Q4 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

The company targets a growth rate of around 15% plus, aiming for better than 15% due to raw material price increases.
There is a strong focus on strengthening various product lines and business segments to sustain growth and improve profitability.
Expansion into complementary related product lines like pillows is planned to create a full product offering.
E-commerce and the Unorganized to Organized (U2O) segments remain key focus areas for deep market penetration.
Channel expansion and retention of new customers acquired due to competitors exiting the market are ongoing.
Volume growth plans include debottlenecking capacity at certain facilities to support higher volumes.
Long-term confidence is expressed that growth will continue, with a strategic shift towards more profitable growth.
Annual growth in technical foam and comfort foam segments has been around 15%, with similar plans for the next year.

Profitability & Margins

Sheela Foam targets a growth rate of around 15%+ annually, potentially higher due to recent raw material price increases.
Consolidated revenue grew 11% in FY '26 with volume growth around 15%, expected to continue or improve.
Core EBITDA margins improved to 11.5% in Q4 FY '26 and 10.7% for the full year, aiming to sustain 11-12% margins going forward.
Profitability gains driven by volume expansion, better gross margins, and disciplined cost control.
Consolidated PAT grew 78% YoY in FY '26, driven by strong H2 performance; momentum expected to continue.
Focus on expanding product lines (e.g., pillows), strengthening e-commerce and unorganized-to-organized (U2O) segment growth.
No significant margin pressure expected despite raw material price volatility, as price increases have largely been passed on.
Controlled debt and strong cash flows support growth investments and debt repayment within 1.5 years.
Overall, sustainable profit and EPS growth anticipated over next 3-5 years with expanded market penetration and complementary products.

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

Capital Expenditure Plans

Capex Outlook for Next Year (FY27) is estimated between INR 125 crores to INR 150 crores, covering:
- Maintenance capex for all plants (India, Australia, Spain)
- Debottlenecking capacities to support anticipated higher growth
- Marketing capex related to opening of new stores
Installation of new machines for synergy savings is delayed by 1.5 quarters but expected to be completed by mid or end of the current quarter; these machines use new malleable fiber material for comfort layers.
Strategic initiatives include expanding product lines into complementary categories such as pillows and increasing penetration in e-commerce and unorganized to organized (U2O) mattress segments to sustain growth.
Ongoing investments in digital platforms, including brand.com and Kurlon platforms, to drive growth.
Possible future IPO for Furlenco within next 1-2 years as it reaches threshold size.

Top-ranked in Consumer Durables

Ranked on what management guided this quarter

5x potential

1Nanta Tech₹193 Cr

Rev 1Mar 1

2Visdem Technosys₹101 Cr

Rev 1Mar 1

3₹2.0K Cr

Rev 1Mar 2

4₹1.6K Cr

Rev 1Mar 3

5₹1.3K 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 future fundraising through debt or equity in the provided transcript.
Debt status: India debt (~INR300 crores) expected to be repaid within 1 to 1.5 years using generated cash flows.
Consolidated debt stands around INR600-700 crores; finance costs stable at ~INR50 crores annually unless major capital structure changes occur.
No indication of new borrowing plans; focus appears on debt reduction and balance sheet discipline.
Regarding Furlenco (associate company), plans for an IPO are being considered within the next 1 to 3 years, but no direct equity fundraising for Sheela Foam itself mentioned.
Overall, no active or planned fundraising through equity or debt disclosed in this call.

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

Order Book & Pipeline

The transcript from the provided pages of Sheela Foam Limited's May 15, 2026 call does not explicitly mention any details about the current or expected order book or pending orders. The discussion primarily focuses on: - Growth in volumes and revenue across segments. - Expansion in organized market share. - Supply chain and raw material procurement (TDI, polyol). - Channel expansion and customer acquisition strategies. - Financial performance, margins, debt repayment, and capex plans. No specific quantitative or qualitative information regarding the order book or pending orders is disclosed in these pages.

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 Ltd's management said in earlier quarters

Others in Consumer Durables this season

Manoj Ceramic Ltd (Q4 FY26)
Emphasis on strengthening premium B2C brand alongside the dominant B2B segment (~80-82% of sales). Key concall takeaways from Manoj Ceramic's Q4 FY26 earnings…
Singer India Ltd (Q4 FY26)
Overall sewing machine industry growing 4-6% annually; Singer gaining share through product innovation and improved distribution. Key concall takeaways from…
Rushil Decor Ltd (Q4 FY26)
Laminates segment revenue up 6.1% YoY, with capacity utilization above 89%; domestic laminates grew 21% YoY. Key concall takeaways from Rushil Decor Ltd's Q4…
Amber Enterprises India Ltd (Q4 FY26)
Railway division has a strong order book visibility of INR 2,600 crores plus. Key concall takeaways from Amber Enterp.'s Q4 FY26 earnings call — and how it…

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

🔎 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 Q4 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?

Capex Outlook for Next Year (FY27) is estimated between INR 125 crores to INR 150 crores, covering: - Maintenance capex for all plants (India, Australia, Spain) - Debottlenecking capacities to support anticipated higher growth - Marketing capex related to opening of new stores - Installation of new machines for synergy savings is delayed by 1.5 quarters but expected to be completed by mid or end of the current quarter; these machines use new malleable fiber material for comfort layers.

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 concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.