SHEELA FOAM LIMITED

Sheela Foam Limited reported strong financial results for the first quarter of FY27 during its earnings conference call on August 5, 2026. Management highlighted that the company achieved consolidated revenues exceeding INR 1,000 crores and EBITDA surpassing INR 100 crores for the first time in its history. The standalone Indian business saw a revenue growth of 20% and EBITDA growth of 13% year-on-year. The company faced challenges from volatile raw material prices but maintained a commitment to consistent supply, which management stated distinguishes it from competitors. The e-commerce segment grew significantly, with sales on the company's websites increasing by 69% year-on-year. Management also discussed the expansion into the furniture segment and the positive performance of international subsidiaries in Australia and Spain. Additionally, Sheela Foam received upgrades in its ESG ratings, reflecting its focus on sustainable growth.

Management emphasized strong financial performance and growth opportunities.