SFL NSE filing

Sheela Foam Reports 5% Revenue Growth and 31% Core EBITDA Growth for H1 FY26

The RealCase readHigh impact Positive

Sheela Foam announced strong H1 FY26 results with 5% revenue and 31% core EBITDA growth. Mattress volume grew 11%, driven by e-commerce. Key management re-designations occurred, positioning the company for sustained growth.

Why it matters

The announcement contains significant financial results including revenue, EBITDA, and PAT figures, alongside substantial operational achievements like volume growth and showroom expansion. Additionally, key management re-designations are material changes for the company's leadership and strategic direction.

The market read

The announcement shows strong operational performance with 11% mattress volume growth, significant e-commerce expansion, 5% consolidated revenue growth, and 31% core EBITDA growth with margin expansion. Although H1 PAT declined, it was due to one-time factors, and Q2 PAT showed positive growth.

* Sheela Foam Limited announced its Q2 & H1 FY26 financial results on 4th November 2025, reporting consistent volume and value growth. * Consolidated revenues for H1 FY26 grew by 5% year-on-year (YoY) to ₹1696 crore, while Q2 FY26 revenues increased by 8% to ₹875 crore. * Consolidated core EBITDA for H1 FY26 grew by 31% YoY to ₹177 crore, with margins expanding by 210 basis points to 10.4%. Q2 FY26 core EBITDA grew by 21% to ₹91 crore. * The mattress segment registered an 11% YoY volume growth. E-commerce sales showed robust growth, with a 135% increase on the company's own website and 58% on platforms. * The 'Tarang & Aaram' mattress range achieved 58% volume growth and 109% value growth. * 420 net new showrooms were operationalized, bringing the total touchpoints to over 11,300. * Normalized Consolidated PAT for H1 FY26 was ₹35 crore (down 46% YoY), while Q2 FY26 Normalized PAT grew by 16% to ₹29 crore. Reported PAT for H1 FY26 was ₹17 crore, not comparable to H1 FY25 due to a one-time insurance claim of ₹31 crore and reduced non-operating income. * Consequent to the merger of Kurlon Enterprise Limited, Mr. Rahul Gautam has been re-designated as Chairman and Managing Director, and Mr. Tushaar Gautam has been elevated to Vice Chairman and Joint Managing Director. * Mr. Rahul Gautam commented that the India business is well-poised for sustained growth post the successful integration of Kurlon Enterprises.

Filing to action

What to do with a filing like this

Sheela Foam Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.

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Primary source

A plain-language summary of a public exchange filing by Sheela Foam Limited. Read the original for the full detail.

View original filing