Sheela Foam Limited — Q4FY26 earnings call summary

Filed 19 May 2026 · Official transcript

Mattress volumes grew 13% in Q4 and 12% in FY26; U2O segment volume grew 65%, value 111% in FY26
Capex guidance for FY27 at INR125-150 Cr including maintenance and debottlenecking
Debt in India (~INR300 Cr) expected to be repaid in 1-1.5 years; consolidated interest cost ~INR50 Cr
Consolidated Q4FY26 revenue grew 24% y-y to INR1,050 Cr; FY26 revenue grew 11% to INR3,821 Cr
FY26 consolidated PAT grew 78% y-y to INR161 Cr; strong cash flow reduced net debt by INR156 Cr
Depreciation policy realigned to reflect asset useful life; FY27 consolidated depreciation ~INR140-145 Cr
Raw material prices volatile; price hikes taken to offset 25-35% polyol and TDI cost increase
Consolidated Q4 core EBITDA rose 90% y-y to INR121 Cr; margin improved 400 bps to 11.5%