
Sheela Foam Ltd Reports 11% Volume Growth in Mattress Segment for H1 FY26
Sheela Foam Limited, a leading producer of polyurethane (PU) foam, has reported a consistent volume and value growth in its financial results for the quarter and half-year ended September 30, 2025. The mattress segment registered a YoY volume growth of 11%. The company's e-commerce platforms also saw a significant growth of 135% on its own website and 58% on other platforms. The 'Mattress for every Indian' initiative, 'Tarang & Aaram', saw a 58% volume growth and 109% value growth. The company operationalized 420 net new showrooms, bringing the total touchpoints to over 11300. The consolidated revenues grew by 5% to INR 1696 cr and the core EBITDA grew by 31% to INR 177 cr. The consolidated core EBITDA margins stood at 10.4%. The normalized consolidated PAT was INR 35 cr.
Key Highlights
- Mattress segment registered a YoY volume growth of 11%
- E-Com continues to drive volume; a growth of 135% on own website & 58% on platforms
- Mattress for every Indian — ‘Tarang & Aaram’ - 58% volume growth and 109% value growth
- Consolidated revenues registered a YoY growth of 5% at INR 1696 cr
- Consolidated core EBITDA grew by 31% YoY to INR 177 cr