What we do Sheela Foam Ltd manufactures polyurethane foams, mattresses, and technical foam products, serving home comfort and institutional needs with a global presence in 25+ countries. |
Founded in 1,971 |
Market share Market leader in Indian polyurethane foam industry with significant manufacturing capacity and strong international exports. |
Problem solved Provides quality sleep and comfort solutions through innovative foam and mattress products catering to home and commercial sectors. |
Top clients or who we serve Serves B2C via retail mattresses and B2B via technical foam for institutional clients globally, including India, Australia, and Spain. |
Key management Rahul Gautam (Chairman & MD), Rakesh Chahar (Deputy MD), Tushaar Gautam (Vice Chairman & Joint MD), Amit Kumar Gupta (Group CFO). |
Our journey and innovations Founded in 1971, introduced innovative mattress models, expanded via mergers and acquisitions including European subsidiaries, and launched new subsidiary ICTPL. |
Where we operate India, Australia, Spain with product exports to over 25 countries worldwide. |
Top products or what we offer Range includes Sleepwell mattresses, Feather Foam, Starlite, technical foam, and furniture cushioning products. |
Top brands Sleepwell (Premium mattress brand), Feather Foam (Mid-level mattresses), Starlite (Economy mattresses), Kurlon (subsidiary brand). |
Raw materials needed Polyurethane raw materials sourced internationally to ensure cost-effective and quality foam production. |
Raw materials supplier Suppliers from low-cost international markets; company leverages global procurement for profitability. |
Recurring vs cyclical contribution Revenue mix includes recurring product sales with some cyclicality due to economic conditions and consumer demand. |
Our industry position Leader in polyurethane foam market in India, expanding presence in Europe and Australia with competitive global footprint. |
Financial highlights FY25 consolidated revenue ₹3439.19 Cr, PAT ₹96.7 Cr; standalone revenue ₹2587.51 Cr, PAT ₹112.09 Cr. |
Geographical revenue split About 78% revenue from India and 22% from international markets including Australia and Spain. |
Order book - |
Whats driving growth Growth driven by expanding mattress and foam segments, international acquisitions, e-commerce expansion, and new product launches. |
Our future plans Amalgamation of subsidiaries, increase retail and dealer network, new factory setup in Jabalpur, and sustainability initiatives. |
Our green promise Investing in waste reduction, solar energy projects, and sustainable resource management aligned with 2030 goals. |
Our people and values Promotes diversity, employee wellness, and ethical governance; strong focus on skill development and safety. |
Key challenges ahead Managing raw material price volatility, competitive pressures, and integration of subsidiaries. |
Interesting facts Pioneer of PU foam in India with 18 manufacturing locations and a production capacity of 187,000 MTPA. |
Risks and strategy Mitigates risks via diversification, robust internal controls, strategic acquisitions, and expanding international footprint. |
