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Latest news about Sheela Foam

Sheela Foam Appoints Rahul Gautam as Chairman & MD, Reports Q2 FY26 Results 4 days ago

Sheela Foam Limited has appointed Rahul Gautam as Chairman and Managing Director, and Tushaar Gautam as Vice Chairman and Joint Managing Director, effective November 4, 2025. The company reported Q2 FY26 consolidated results with revenue from operations at ₹874.94 crore, up 7.66% YoY. However, net profit decreased by 50.79% to ₹9.96 crore, and EBITDA fell by 23.98% to ₹77.66 crore. The company also approved an investment of up to ₹30 crore in House of Kieraya Limited (Furlenco).

Sheela Foam Forms Amalgamation Committee for Multi-Company Merger Scheme 4 days ago

Sheela Foam Invests ₹30 Crore in House Of Kieraya, Strengthening Furniture Business 4 days ago

Sheela Foam Reports Mixed Q2 Results with Revenue Growth and Profit Decline 4 days ago

Sheela Foam Limited Secures NCLT Approval for Comprehensive Multi-Company Amalgamation Sep 18, 2025

More news about Sheela Foam

08Aug 25

Sheela Foam Reports 47% Jump in Core EBITDA to Rs 75 Crores in Q1

Sheela Foam Limited reported robust Q1 results with core EBITDA growing 47% year-on-year to Rs 75.00 crores. EBITDA margins improved to 11.7% from 8.4%. India business revenues reached Rs 644.00 crores, up 5% year-on-year. Mattress volumes grew by 10%, with Sleepwell brand growing 22% and Kurlon 6%. The company signed up 392 new showrooms in Q1. E-commerce business grew 66% year-on-year. Kurlon integration yielded Rs 190.00 crores in cost savings, with an additional Rs 60.00 crores expected by fiscal year-end. The company aims to open 1,000 new showrooms this fiscal year. Small-town initiative products achieved 60% volume growth. Furlenco investment showed promising results with Rs 4.00 crores PAT in Q1.

05Aug 25

Sheela Foam Elevates Rakesh Chahar to Deputy Managing Director

Sheela Foam Limited has designated Rakesh Chahar as Deputy Managing Director (Whole-time Director) with immediate effect. The Board of Directors approved this change based on the Nomination & Remuneration Committee's recommendation. This is a change in designation, not a new appointment, with terms and conditions remaining unchanged from those approved at the August 18, 2022 Annual General Meeting. Sheela Foam recently reported consolidated revenue of ₹821.00 crores and core EBITDA of ₹85.00 crores, showing 42% year-on-year growth.

05Aug 25

Sheela Foam Reports 84% Drop in Q1 Net Profit Despite Revenue Growth

Sheela Foam Limited, maker of Sleepwell mattresses, reported an 84% decline in consolidated net profit to ₹7.43 crore for Q1 ended June 30, despite a slight increase in revenue to ₹821.41 crore. The company maintained a 40.10% operating margin and a debt-equity ratio of 0.45. Domestic sales stood at ₹636.56 crore, while international sales were ₹184.85 crore. Mr. Rakesh Chahar has been appointed as Deputy Managing Director effective August 5.

14May 25

Sheela Foam's Q4 Performance Dips: EBITDA and Net Profit See Significant Decline

Sheela Foam Ltd. maintained stable revenue at ₹8.50 billion in Q4, a slight 0.60% increase year-over-year. However, EBITDA plummeted by 59.06% to ₹330.00 million, with EBITDA margin contracting to 3.88% from 9.53%. Net profit declined significantly by 66.72% to ₹215.00 million compared to the previous year. The company faces profitability challenges despite steady sales, indicating potential cost management issues.