Sheela Foam Share Price

Sheela Foam Limited, together with its subsidiaries, is one of India’s leading manufacturers of polyurethane (PU) foam and mattresses. The company is the flagship entity of the Sheela Group and pioneered the manufacturing of polyurethane foam in India. It offers a wide range of products for home comfort, technical applications, and institutional use. Its product portfolio includes mattresses, comfort foam and home care products, technical foam, and furniture foam. The company markets its products under well-known brand names including Sleepwell, Kurlon, Feather Foam, Furlenco, Interplasp, and Joyce.

The Sheela Foam share price today on the NSE and BSE is a reflection of how market participants respond to a company’s performance and broader business developments within its industry. It captures the sentiment of the investors based on financial results, operational updates, macroeconomic factors, and trends specific to sectors. Movements in the share price͏ reveal how the market evaluates the company’s current position and its future prospects, making ͏it a key indicator of market perception across various industries.

Market sentiment around the Sheela Foam stock price often mirrors shifts in urban and rural consumption patterns, demand for branded home comfort products, and investor views on the mattress and foam sector’s growth prospects. Factors such as the pace of new product introductions, competitive intensity, raw material cost inflation, and changing consumer preferences influence near-term market valuation and medium-term earnings forecasts.All these factors must be closely monitored to have an idea about the Sheela Foam stock price movements.

Sheela Foam live share price provides real-time information about the last price traded, bid price, ask price, and volume traded. These indicators represent trading activity and liquidity and the reaction of investors to corporate announcements, quarterly results, and sector news. Constant ͏monitoring of Sheela Foam live price helps observe short-term price fluctuations and understand how the stock is moving in relation to the broader market.

Furthermore, monitoring the Sheela Foam share͏ price today helps investors understand real-time market sentiment, price volatility, and trading behaviour. It allows market participants to evaluate short-term performance, identify possible entry or exit points, and respond to news, quarterly results or sector trends that may affect the company’s valuation and overall investment outlook.

Sheela Foam Limited Company Fundamentals

a. Company Background

Sheela Foam Limited is an Indian consumer durables company engaged in the manufacturing of polyurethane foam and mattresses. It was originally incorporated as a private limited company on June 18, 1971, at Delhi under the name ‘Sheela Foam Private Limited’. The company has its registered office in Noida, Uttar Pradesh, India. Sheela Foam commenced the manufacture of PU foam in 1972. The company became a deemed public limited company on July 1, 1989, and was restored to its status as a private limited company effective November 30, 1990. It was converted to a public limited company on April 30, 2016, and the name was changed to ‘Sheela Foam Limited’ on June 6, 2016. The company is the flagship company of the Sheela Group and is a pioneer in the manufacturing of polyurethane foam in India, with ten manufacturing facilities using state-of-the-art technology at strategic locations across the country. Sheela Foam is the largest manufacturer of mattresses in India under its renowned brand name Sleepwell. The company enjoys a significant presence overseas, with its products being exported to over 25 countries worldwide. It has 18 manufacturing locations across India, Australia, and Spain, with a total production capacity of 187,000 MTPA.

b. Product Lines

• Mattresses (spring range, technology range, custom cell range, back support range, flexi PUF range, economy range, online brand)

• Comfort foam and home care products (foam sheets, foam blocks, comfort range accessories, foam cores, furniture cushions, pillows, bedsheets, mattress protectors, sofa-cum-beds)

• Technical foam (automotive foams, reticulated foams, ultraviolet stable foams, silentech foams)

• Furniture foam (SleepwellResitec, Sleepwell Cool Gel, Primo)

• Specialty foams (Memory Foam/Viscofoam, Flame Retardant Foam, High Resilience Foam, Soft/Hard Foam, Reticulated Foam, Sound absorption foam, Air Circulation Foam, gel-infused foam, high water absorbent foam)

c. Company Revenue Model

• Primary revenue from the Comfort Foam and Home Care segment, with the company’s flagship brand Sleepwell leading the mattress business (B2C)

• Revenue from the sale of technical foams to automotive, aviation, insulation, shoe, lingerie, and other industrial sectors (B2B)

• Revenue from the trade brand segment, manufacturing commercial, standard, deluxe, and pure grade foam under brands such as Mystic, Splash, and FlexiTuf

• Revenue from e-commerce channels, which have seen exceptional growth, reinforcing leadership in online mattress sales

• Revenue from the “Small Town India” initiative, expanding presence in rural and semi-urban markets

• Revenue from exports of products to over 25 countries worldwide

• Revenue from subsidiary operations including Joyce Foam in Australia and Interplasp in Spain

• Revenue from the acquisition of Kurlon Enterprise Limited (completed in 2021) and investment in Furlenco

d. Geographic Presence

• Registered office located in Noida, Uttar Pradesh, and corporate presence in Noida, India

• Strong pan-India presence with 10 manufacturing plants in India equipped with state-of-the-art HENNECKE foaming machines

• International presence with 6 manufacturing plants in Australia, 1 in New Zealand, and 1 in Spain, with a total of 18 manufacturing locations across three continents

• Wholly owned subsidiary Joyce Foam is Australia’s leading foam producer with 5 plants in Adelaide, Brisbane, Melbourne, Perth, and Sydney

• Products exported to over 25 countries worldwide, including Asia, Australia, and Europe

• Distribution network of over 20,000 retailers, with exclusive branded outlets increased to more than 1,800 and dealer network expanded to nearly 13,323

• Focus on expanding footprint in rural and semi-urban markets through the “Small Town India” initiative, which expanded to over 5,800 retail points

e. Key Milestones

• 1971: Incorporated as Sheela Foam Private Limited on June 18, 1971

• 1972: Commenced manufacture of PU foam

• 1989: Became a deemed public limited company on July 1, 1989

• 1990: Restored to status of private limited company effective November 30, 1990

• 2003: Merged three wholly owned subsidiaries – Feather Foam Enterprises Private Limited, Soft Foam Industries Private Limited, and Pallavi Foam Industries Private Limited

• 2011: Merged subsidiary Serta India Private Limited with the company

• 2013: Merged five erstwhile subsidiaries – SNB Bedding International Private Limited, Starlite India Private Limited, RG Pillow (India) Private Limited, Kanpav Overseas Private Limited, and Auora Foams Private Limited

• 2016: Converted to a public limited company on April 30, 2016

• 2016: IPO from November 29, 2016, to December 1, 2016, priced at ₹730 per share; listed on NSE and BSE on December 9, 2016

• 2017: Introduced economy model mattress ‘Starlite’ in July 2017

• 2018: Introduced mid-level mattress ‘Feather Foam’ in February 2018

• 2019: Expanded footprint in Europe and acquiredInterplasp S.L., a subsidiary of Sheela Group in Spain

• 2021: AcquiredKurlon Enterprise Limited

• 2021: Set up new subsidiary International Comfort Technologies Private Limited and commenced construction for a new plant at Maneri Industrial Area near Jabalpur, MP

• 2024: Launched Sleepwell Pro FitRest and KurlonDuoRest, along with a refreshed spring mattress lineup

f. Industry Perspective: Polyurethane Foam and Mattress Industry in India

Sheela Foam operates in the global and Indian polyurethane foam and mattress industry, a critical segment of the consumer durables sector. Globally, the polymer foam market continues to expand driven by rising demand from bedding, furniture, automotive, and packaging industries. In India, the mattress and foam industry is one of the fastest-growing segments within the home interiors sector, supported by rising disposable incomes, urbanization, increasing health awareness, and growing demand for branded, high-quality sleep solutions. The Asia Pacific polymer foam market is projected to grow from USD 44.03 billion in 2024 to USD 63.93 billion by 2030, at a CAGR of 6.4% during the forecast period. In India, the organized mattress market is gaining share from the unorganized sector, driven by increasing brand consciousness, e-commerce penetration, and the shift towards premium and specialty foam products such as memory foam and gel-infused foam. The mattress industry is also witnessing growth from the hospitality sector, healthcare facilities, and the rising trend of nuclear families. Key growth drivers include increasing per capita income, rising real estate and housing demand, government initiatives such as ‘Housing for All’, and the growing awareness of the health benefits of quality sleep. The industry faces challenges including raw material price volatility (primarily crude oil derivatives), intense competition from organized and unorganized players, and the impact of economic slowdowns on discretionary spending. The industry outlook remains positive, supported by rising consumer spending on home comfort products, the shift towards organized retail, and the expansion of e-commerce channels. Analysts assume Sheela Foam’s revenue will grow by 10.4% annually over the next 3 years, with profit margins expected to increase from 1.7% to 10.2%.

Sheela Foam Limited Stock Market Presence: Listings & Index Representation

Sheela Foam Limited is actively traded on India’s principal equity markets, with its shares listed on the National Stock Exchange of India (NSE) under the symbol SFL and on the Bombay Stock Exchange (BSE) with the scrip code 540203. The ISIN number of the company’s equity shares is INE916U01025. The company was listed on December 9, 2016, following its IPO. Its listing on both exchanges ensures that the Sheela Foamprice is accessible to a wide investor base, encompassing both retail and institutional market participants. The company forms part of several benchmark indices that represent broad market segments. Sheela Foam is included in indices such as the Nifty 500, Nifty Smallcap 250, and BSE SmallCap. These index participations signal the company’s relevance within market categories that attract both active and passive investment flows. Being represented in these indices enhances the visibility and liquidity of the Sheela Foam stock price, as index tracking funds and exchange traded strategies often adjust allocations in line with constituent revisions. It also allows investors to benchmark the company’s stock performance relative to broader market trends and peer groups, facilitating cross sectional comparisons within India’s consumer durables landscape. The inclusion of Sheela Foam in these indices reflects its market capitalisation and trading depth, which are key factors market participants consider when evaluating long term investment prospects and the responsiveness of the stock price to corporate and industry developments.

Sheela Foam Limited Stock Performance and Share Price History

The Sheela Foam price has displayed significant volatility over the past decade, shaped by the company’s financial performance, consumer demand cycles, and broader market trends. The Sheela Foam share price made a strong debut on the bourses on December 9, 2016, listing at ₹860 on the BSE, a premium of 17.81% over the issue price of ₹730. The IPO was oversubscribed over 5 times, reflecting strong investor demand. The Sheela Foam share price surged to an all-time high in subsequent years, with the 52-week high reaching ₹769.90. However, the Sheela Foam share price has since corrected significantly, with a 52-week low of ₹456.80. As of April 2, 2026, the Sheela Foam share price was ₹498.75 on the NSE and ₹499.65 on the BSE.

The Sheela Foam stock price has been particularly responsive to quarterly earnings releases and corporate announcements. When the company reported a consolidated net profit of ₹52.13 crore in Q3 FY26, soaring 211.97% year-on-year on an 11.1% jump in revenue to ₹1,074.43 crore, the Sheela Foam stock price surged 18.50% to ₹621.65. The Sheela Foam share price has shown a pattern of positive momentum following strong earnings reports, while periods of weak financial results have contributed to consolidation in the Sheela Foam stock price. The Sheela Foam share price delivered a 1-year total return of approximately 26.40% as of March 12, 2026, outperforming the S&P BSE SENSEX which delivered 2.71% over the same period. The Sheela Foam share price has shown a 3-year total return of approximately 54.45% and a 5-year total return of approximately 50.09%, significantly outperforming the broader market. However, the Sheela Foam share price has shown negative returns in recent years, with a 1-year return of -28.9% as of April 2, 2026, a 3-year return of -20.5%, and a 5-year return of -12.9%, underperforming the BSE Consumer Durables index.

The Sheela Foam share price has been influenced by corporate developments including the acquisition of Kurlon Enterprise Limited, the expansion of the e-commerce channel, the “Small Town India” initiative, and the launch of new products such as Sleepwell Pro FitRest and KurlonDuoRest. The Sheela Foam share price has also been impacted by raw material price volatility and competitive pressures from digital-first brands. The Sheela Foam share price has shown average weekly volatility of approximately 4.71%, with a beta coefficient of 0.653 (long-term) and 1.03 (daily-one month range). The Sheela Foam share price has shown a 10-year aggregate net profit of ₹1,641.76 crore and a 10-year aggregate CFO of ₹2,037.09 crore. Comprehending these patterns in the Sheela Foam share price is instrumental for investors seeking to contextualise long term performance trends vis à vis short term price dynamics, as the Sheela Foam stock price movements illustrate how industry fundamentals, consumer demand cycles, raw material cost pressures, and investor expectations converge in market pricing.

Sheela Foam Limited Investor Relevance and Role in Portfolio

Sheela Foam holds a distinctive position for portfolio investors who seek exposure to the Indian consumer durables sector with a focus on home comfort products. The company’s diversified product portfolio across mattresses, comfort foam, technical foam, and furniture foam aligns it with investment strategies that value both urban consumption growth and rural market penetration. The Sheela Foam share price often mirrors how these themes resonate with investor portfolios, whereby both thematic and sector specific funds monitor consumption indicators and brand strength factors when evaluating allocation decisions.

Institutional stakeholders play a significant role in Sheela Foam’s ownership profile. The promoters held approximately 65.69% of the company as of December 2025, showing a stable trend with no shares pledged. The top individual promoter is Rahul Gautam, who holds 47.56% of the company, followed by Rangoli Resorts Private Limited at 12.13%. Mutual fund holders of Sheela Foam include Nippon Life India Asset Management Ltd., SBI Mutual Fund, UTI Asset Management Co. Ltd., Kotak Mahindra Asset Management Co. Ltd., DSP Asset Managers Pvt. Ltd., The Vanguard Group, Inc., BlackRock Fund Advisors, and Norges Bank Investment Management. Mutual funds held 17.20% of the company as of December 2025, with a decrease from 17.69% in the previous quarter. Foreign Institutional Investors (FIIs) hold approximately 4.18% of the company, with an increase from 4.07% in the previous quarter. Domestic Institutional Investors (DIIs) hold approximately 3.19% of the company. Retail and other shareholders hold approximately 9.75% of the company. Overall institutional holding in the company stands at approximately 24.57% as of December 2025.

Based on data from TopStockResearch, the beta for Sheela Foam has been recorded at 0.653 (long-term, calculated on monthly ticks over 4 years), indicating that the stock has exhibited lower volatility than the broader market over extended periods. In the short-term daily analysis, beta values of 1.03 for the one-month range and 0.835 for the three-month range show higher sensitivity to market fluctuations. Weekly data reveals a beta of 0.305 over one year and 0.686 over two years, indicating a gradual rise in volatility over longer durations. The 2-week beta over a two-year period stands at 0.615, reflecting moderate responsiveness, while the monthly beta over two years reaches 0.483. The mean values across these periods range from 582.58 to 1,058.36, with standard deviations from 1.05 to 7.95, indicating higher price variability in longer periods. Other sources report a 5-year monthly beta of -0.02 from Yahoo Finance and a beta of 0.7041 from the Financial Times. The Sheela Foam share price has shown periods of heightened responsiveness to sector-specific news, quarterly earnings releases, and raw material price movements. The Sheela Foam share price reflects that the company’s established brand presence and diversified product portfolio may provide some resilience, though the consumer durables sector remains sensitive to raw material price fluctuations and competitive intensity. The Sheela Foam stock price is thus viewed as a growth opportunity within a portfolio context with varying volatility characteristics depending on the time frame.

Sheela Foam Limited Sectoral Relevance and Peer Positioning

The sector relevance of Sheela Foam is anchored in its role within the broader Indian consumer durables and home furnishings industry, where it competes with other diversified foam and mattress companies. As part of this industry, the company’s strategic positioning connects mattresses, comfort foam, technical foam, and furniture foam that serve multiple household and industrial needs. Competitors in adjacent segments include companies such as Kurlon Enterprise Limited (now a subsidiary), Dura Foam Industries Pvt. Ltd., Duroflex Foam, King Koil India, Wakefit, and others. In the technical foam segment, competitors include Armacell, Kingspan Insulation, Owens Corning, and Zotefoams. Firms with parallels in either manufacturing scale or brand recognition are often referenced when evaluating relative performance and operational positioning within the sector.

In valuation terms, factors like the Sheela Foam P/E ratio tend to reflect narrative shifts in earnings expectations and investor confidence relative to these peers. The Sheela Foam P/E ratio has shown significant variation over the past decade, with a mean historical PE Ratio of 52.58 and a current PE Ratio of 122.53 as of December 2016. As of April 2026, the P/E ratio stood at approximately 59.9, compared to the industry P/E of 32.46, indicating that the stock is trading at a significant premium to the industry average. Other sources report a TTM P/E of 64.48. The Sheela Foam earnings history over the past decade has shown a pattern of volatility. Consolidated revenue for FY25 reached ₹3,439 crore, up 15% year-on-year, with net profit at ₹97 crore. On a standalone basis, revenue grew 38% YoY to ₹2,588 crore, with net profit at ₹112 crore. The 10-year aggregate net profit of the company stands at approximately ₹1,641.76 crore, with a 10-year aggregate CFO of ₹2,037.09 crore and EBITDA of ₹2,625.98 crore. For TTM ended December 2025, net profit stood at ₹91 crore, with revenue of ₹3,620 crore. Quarterly performance has shown recovery, with Q3 FY26 net profit soaring 211.97% to ₹52.13 crore on revenue of ₹1,074.43 crore. The Sheela Foam EPS narrative has followed a similar volatile pattern. EPS (TTM) stood at approximately ₹8.9 as of April 2026, with other sources reporting ₹8.10. The Sheela Foam market cap has shown a pattern of fluctuation over the past decade. The market cap increased from lower levels at the time of IPO to approximately ₹5,629-5,678 crore as of April 2026. This directional behaviour in valuation multiples demonstrates how market expectations around growth prospects and earnings durability influence broader assessment of the Sheela Foam share price within its industry context. The Sheela Foam stock priceremains a key barometer for the foam and mattress segment.

Over the last ten years, Sheela Foam market cap has shown a pattern of growth followed by moderation. The company’s market cap increased from lower levels at the time of IPO to approximately ₹5,629 crore as of April 2026. The market cap has shown a 10-year aggregate CFO of ₹2,037 crore, EBITDA of ₹2,626 crore, and net profit of ₹1,642 crore. The current market cap stands at approximately ₹5,629-5,678 crore, having ranged between lower levels and its current value over the past decade, with a 52-week high and low reflecting the volatility in the consumer durables sector.

Sheela Foam earnings, in terms of net profit, have exhibited a pattern of volatility over the past decade. Net profit was ₹182 crore in FY2024, down 8.3% from ₹199 crore in FY2023, with a peak of ₹238 crore in FY2021. For FY25, consolidated net profit was ₹97 crore. The 10-year aggregate net profit of the company stands at approximately ₹1,642 crore. Quarterly net profit for Q3 FY26 showed a significant recovery at ₹52.13 crore, up 211.97% year-on-year, reflecting improved operational performance and synergies from the Kurlon integration.

Sheela Foam EPS history over the past decade has shown a pattern of volatility. EPS (TTM) stood at approximately ₹8.9 as of April 2026, with other sources reporting ₹8.10. The 10-year historical PE Ratio mean is 52.58, with the current PE Ratio showing significant expansion. This volatile EPS trajectory reflects the impact of raw material price fluctuations, competitive intensity, and the cyclical nature of the consumer durables industry.

Sheela Foam P/E ratio history has shown a pattern of expansion, reaching elevated levels in recent years. The P/E ratio stood at approximately 59.9 as of April 2026, compared to the industry P/E of 32.46. The mean historical PE Ratio over the last ten years is 52.58, with the current 122.53 PE Ratio having changed 23.20% with respect to the historical average. This valuation premium reflects that investor expectations remain anchored to the company’s earnings growth trajectory and market position.

Summary

Sheela Foam is a leading Indian polyurethane foam and mattress company listed on both the NSE and BSE, where the Sheela Foam share price reflects consumption demand cycles, brand strength, and competitive dynamics within the consumer durables sector. Its representation in multiple stock indices supports market visibility, while investor interest is shaped by earnings trends, valuation narratives, and broader home comfort spending patterns. Within the sector, the company’s competitive context and earnings dynamics provide key perspectives on its role in the Indian foam and mattress market.