Sheela Foam
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Sheela Foam (SFL) investor relations material

Sheela Foam Q1 26/27 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q1 26/27 earnings summary5 Aug, 2026

Executive summary

  • Achieved record consolidated revenue of ₹1,032 crore in Q1 FY27, up 26% year-over-year, with EBITDA rising 45% to ₹109 crore and PAT at ₹62 crore, reflecting strong operational performance and substantial year-on-year growth.

  • Standalone Indian business saw 20% revenue growth to ₹761 crore and 13% EBITDA growth to ₹68 crore year-over-year; mattress value up 15% and foam value up 26%.

  • E-commerce sales grew 69% on brand.com and 19% on platforms, with overall category growth of 30% in value and 23% in volume.

  • U2O (unorganized to organized) business expanded to 10,000 dealers, driving 81% value growth and 19% volume growth year-over-year.

  • Board approved unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, with review by independent auditors confirming compliance and no material misstatements.

Financial highlights

  • Consolidated revenue rose 26% year-over-year to ₹1,032 crore; consolidated EBITDA up 45% to ₹109 crore; PAT reached ₹62 crore with a PAT margin of 6.0%.

  • Standalone revenue grew 20% to ₹761 crore; standalone EBITDA up 13% to ₹68 crore.

  • Gross margin declined year-over-year by 405 bps to 40.6% on a consolidated basis; standalone EBITDA margin decreased by 51 bps to 9.0%.

  • Standalone net profit rose to ₹43.94 crore from ₹10.70 crore year-over-year; consolidated net profit attributable to shareholders was ₹61.44 crore, up from ₹6.54 crore year-over-year.

  • Exceptional gain of ₹6.26 crore from sale of land/building at Haridwar in the quarter.

Outlook and guidance

  • Management targets 15% growth and 15% EBITDA margin for the year; expects double-digit volume growth as volatility subsides.

  • International operations expected to grow at 5% in local currency with sustainable EBITDA margins of 10-12%.

  • Margin improvement anticipated as raw material volatility eases.

  • Continued focus on high-margin products and digital channels to drive growth.

  • Board recommended a final dividend of ₹1 per share for FY26, approved and paid in July 2026.

Explain standalone vs consolidated margin trends
Drivers for Spain and Australia margin expansion
Reason for foam value growth outpacing volume
Revenue split: India vs international operations
Equity stake changes in House of Kieraya Limited
Consolidated liquidity and working capital ratios
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