About Sweet Dreams
Sweet Dreams is a publicly listed company based in Mumbai (India) founded in 2005 by Utpalbhai Pravinchandra Ruparelia and Hitesh Pravinchandra Ruparelia. Sweet Dreams is engaged in selling sleepwear and loungewear online. It operates on a Direct-to-Consumer (D2C) model. Sweet Dreams has raised $1.55 million across 1 funding round from investors including Chanakya Value Creation and Chanakya. The company has 1 employees. Sweet Dreams was last valued at $13.96 million in December 2017. Its website sweetdreams.in draws about 119 thousand monthly visits. Its Indian entity S D Retail Limited reported revenue of ₹198 Cr. Sweet Dreams offers products and services including Night Sets, Loungewear, and Tracksuits. Its focus areas include Consumer Goods, Apparel and Sleepwear and Loungewear.
Company details
Sweet Dreams is involved in the retail of premium sleepwear, nightwear, and loungewear for men and women. The company operates in the apparel sector, focusing on comfort and style through a wide range of products including night sets, pyjamas, tracksuits, and coord sets. Solutions are provided through an online platform, ensuring accessibility and convenience for customers seeking quality clothing for relaxation and sleep.
- Headquarters Mumbai, India
- Employees 1
- Founders Utpalbhai Pravinchandra Ruparelia, Hitesh Pravinchandra Ruparelia
- Stage Public
- SectorsRetail
- Email••••••••
- Phone•••• ••••
- Website sweetdreams.in
- Social LinkedIn Facebook
- Legal Name S D Retail Limited
- Market Cap₹141 Cr
SDREAMS-SM · NSE
- Share Price₹75.50
+0.60% today
- Revenue₹196 Cr
FY 2025-26 · +13.3% YoY
- EBITDA₹15.35 Cr
Margin 7.8%
- Net Profit₹10.69 Cr
FY 2025-26 · +24.6% YoY
- P/E (TTM)14.1x
P/B 1.3x
- ROE8.5%
ROCE 11.3%
- Debt / Equity0.21
Interest cover 19.5x
- Total Equity Funding$1.55M (USD)
in 1 rounds
- Latest Funding Round$1.55M (USD), Seed
Dec 2017
- Employee Count1
Associated legal entities of Sweet Dreams
Sweet Dreams is associated with 2 registered companies on The Company Check; the primary company is S D Retail Limited, a listed company. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| S D Retail Limited Listed CIN L52520GJ2004PLC056076 | Active | 14 May 2004 | Ahmadabad City, Gujarat | ₹198 Cr | 131 | 8 | View details |
| Sweet Dreams Loungewear (India) Private Limited CIN U18101GJ2005PTC047191 | Converted To Llp | 02 Dec 2005 | Ahmedabad, Gujarat | 2 | View details |
Products & Services of Sweet Dreams
Sweet Dreams offers a comprehensive portfolio of products and services, including Night Sets, Loungewear, and Tracksuits.
Night sets are provided for comfortable sleepwear options.
Loungewear is offered for relaxed and stylish downtime.
Tracksuits are designed for comfort and casual mobility.
Funding Insights of Sweet Dreams
Sweet Dreams has successfully raised a total of $1.55M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.55 million completed in December 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $1.55M
- Total Rounds 1
- Last Round Seed — $1.55M
- First Round $1.55M
(Dec 2017)
- Investors Count 2
All 1 funding rounds of Sweet Dreams with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2017 | $1.55M | Seed | $13.96M | Chanakya Value Creation, Chanakya | – |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2017 | $13.96M | •••••••• |
Last known valuation $13.96M (Dec 2017). 2 investors in total: 2 institutional.
Investors in Sweet Dreams
Sweet Dreams has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Chanakya Value Creation and Chanakya.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments are directed toward multiple sectors. | chanakyavaluecreation.tcc.mode | Mumbai, India | ||
| chanakya.tcc.mode |
Investor details for Sweet Dreams
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Board of directors of S D Retail Limited (Sweet Dreams)
S D Retail Limited is the primary company behind Sweet Dreams. The boards of the 2 registered companies of Sweet Dreams currently have 6 directors; the longest-serving is Utpalbhai Pravinchandra Ruparelia, appointed in 2004. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Utpalbhai Pravinchandra Ruparelia DIN 00300525 | Managing Director | 14 May 2004 | 22 yrs 5 mo | S D Retail Limited, Sweet Dreams Loungewear (India) Private Limited |
| Hitesh Pravinchandra Ruparelia DIN 00490790 | Managing Director | 14 May 2004 | 22 yrs 5 mo | S D Retail Limited, Sweet Dreams Loungewear (India) Private Limited |
| Vishesh Jailesh Dalal DIN 03250002 | Director | 01 Oct 2022 | 4 yrs | S D Retail Limited |
| Harshil Rajendrabhai Patel DIN 09606743 | Director | 11 May 2024 | 2 yrs 5 mo | S D Retail Limited |
| Jaydeep Jagannath Shetty DIN 01567863 | Director | 21 Mar 2025 | 1 yr 7 mo | S D Retail Limited |
| Lekhinee Mandeep Desai DIN 11904544 | Director | 22 Aug 2026 | 2 mo | S D Retail Limited |
People of Sweet Dreams
10 people are tracked at Sweet Dreams (5 in leadership, 5 in team); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
Parth Ruparelia | Head Of Product Development | Leadership |
Utpal Ruparelia | Co-Founder and Director | Leadership |
Ritesh Saraogi | Chief Financial Officer, GM Sales & Marketing | Leadership |
Raj Prajapati | Graphic Designer | Team |
Utkarsh Srivastava | Manager - Ecommerce & Digital Marketing (marketing & Branding) | Team |
Shruti Jain | Design Lead | Team |
Lalit Parmar | Senior Graphic Designer | Team |
Arpan Christian | Sr. Manager IT | Team |
Complete people profiles for Sweet Dreams
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Sweet Dreams
Sweet Dreams is a publicly listed company on the NSE with ticker symbol SDREAMS in India, operating in the Consumer non-durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date27 Sep 2024
- Listed onNSE: SDREAMS
- Listed entityS D Retail Limited
- Exchange sectorConsumer non-durables
- ISININE0X6F01017
- Share price₹83.90 (+3.52% on the day) · 2026-10-13
- Market capitalisation₹152 Cr
- Price to earnings16.1
- EPS (diluted, trailing year)₹5.22
- Volume (last session)7,000
Financials of Sweet Dreams
Exchange-reported figures of S D Retail Limited, the listed company behind Sweet Dreams (NSE: SDREAMS-SM).
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | 196 | 173 | 163 | 135 | 129 | 96.23 |
| Revenue growth | +13.3% | +6.5% | +20.3% | +5.1% | +33.6% | - |
| EBITDA | 15.35 | 14.30 | 13.80 | 7.95 | 13.89 | 3.04 |
| EBITDA margin | +7.8% | +8.3% | +8.5% | +5.9% | +10.8% | +3.2% |
| Profit before tax | 13.27 | 10.74 | 10.22 | 5.83 | 11.63 | 0.28 |
| Net profit | 10.69 | 8.58 | 7.51 | 4.30 | 10.10 | 0.34 |
| Net profit margin | +5.5% | +5.0% | +4.6% | +3.2% | +7.9% | +0.4% |
| EPS (₹) | 5.22 | 4.57 | 61.48 | 68.76 | 161.61 | 5.95 |
| Balance sheet | ||||||
| Total assets | 138 | 144 | 85.55 | 55.06 | 48.40 | 33.51 |
| Net worth | 120 | 110 | 41.46 | 34.21 | 29.90 | 19.79 |
| Total debt | 16.26 | 33.06 | 43.56 | 20.51 | 18.44 | 13.66 |
| Cash & bank | 2.43 | 49.58 | 4.02 | 0.70 | 0.51 | 0.84 |
| Net working capital | 97.30 | 129 | 77.10 | 50.52 | 44.55 | 29.88 |
| Cash flow | ||||||
| Cash from operations | (5.87) | 1.55 | (13.63) | 1.12 | (2.52) | 8.43 |
| Cash from investing | 24.13 | (48.79) | (3.04) | (1.33) | (0.88) | 0.89 |
| Cash from financing | (19.43) | 46.74 | 19.98 | 0.38 | 3.04 | (9.44) |
Financial Statements
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Revenue | 196 | 173 | 163 | 135 | 129 | 96.23 |
| Revenue growth | +13.3% | +6.5% | +20.3% | +5.1% | +33.6% | - |
| Other income | 2.35 | 2.14 | 0.77 | 0.60 | 0.21 | 0.30 |
| Total expenses | 181 | 159 | 149 | 127 | 115 | 93.19 |
| Employee cost | 18.38 | 16.07 | 14.88 | 14.86 | 12.93 | 10.03 |
| EBITDA | 15.35 | 14.30 | 13.80 | 7.95 | 13.89 | 3.04 |
| EBITDA margin | +7.8% | +8.3% | +8.5% | +5.9% | +10.8% | +3.2% |
| Depreciation | 1.79 | 2.52 | 1.29 | 0.76 | 0.76 | 0.70 |
| Interest | 2.64 | 3.18 | 3.06 | 1.96 | 1.71 | 2.36 |
| Profit before tax | 13.27 | 10.74 | 10.22 | 5.83 | 11.63 | 0.28 |
| Tax | 3.48 | 2.18 | 2.53 | 1.53 | 1.53 | (0.08) |
| Net profit | 10.69 | 8.58 | 7.51 | 4.30 | 10.10 | 0.34 |
| Net profit margin | +5.5% | +5.0% | +4.6% | +3.2% | +7.9% | +0.4% |
| EPS (₹) | 5.22 | 4.57 | 61.48 | 68.76 | 161.61 | 5.95 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Equity & liabilities | ||||||
| Share capital | 18.72 | 18.72 | 1.25 | 0.63 | 0.63 | 0.63 |
| Reserves & surplus | 101 | 91.71 | 40.21 | 33.58 | 29.27 | 19.16 |
| Shareholders' funds (net worth) | 120 | 110 | 41.46 | 34.21 | 29.90 | 19.79 |
| Secured loans | 12.73 | 29.21 | 37.80 | 14.76 | 18.44 | 13.66 |
| Unsecured loans | 3.53 | 3.85 | 5.76 | 5.75 | 0.00 | 0.00 |
| Total debt | 16.26 | 33.06 | 43.56 | 20.51 | 18.44 | 13.66 |
| Total liabilities | 138 | 144 | 85.55 | 55.06 | 48.40 | 33.51 |
| Assets | ||||||
| Gross block | 21.91 | 16.32 | 12.56 | 10.46 | 9.54 | 8.64 |
| Net block | 11.03 | 7.18 | 4.95 | 2.99 | 2.83 | 2.69 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 44.06 | 30.16 | 25.86 | 25.85 | 23.17 | 15.63 |
| Sundry debtors | 81.53 | 79.71 | 81.32 | 52.22 | 47.65 | 38.01 |
| Cash & bank balances | 2.43 | 49.58 | 4.02 | 0.70 | 0.51 | 0.84 |
| Loans & advances | 5.26 | 1.45 | 2.53 | 5.05 | 2.41 | 2.45 |
| Total current assets | 133 | 161 | 114 | 83.82 | 73.74 | 56.93 |
| Total current liabilities | 35.98 | 31.85 | 36.63 | 33.30 | 29.19 | 27.05 |
| Net working capital | 97.30 | 129 | 77.10 | 50.52 | 44.55 | 29.88 |
| Total assets | 138 | 144 | 85.55 | 55.06 | 48.40 | 33.51 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Opening cash | 3.22 | 3.72 | 0.41 | 0.21 | 0.56 | 0.69 |
| Net cash from operating activities | (5.87) | 1.55 | (13.63) | 1.12 | (2.52) | 8.43 |
| Net cash from investing activities | 24.13 | (48.79) | (3.04) | (1.33) | (0.88) | 0.89 |
| Net cash from financing activities | (19.43) | 46.74 | 19.98 | 0.38 | 3.04 | (9.44) |
| Net change in cash | (1.18) | (0.49) | 3.30 | 0.17 | (0.35) | (0.13) |
| Closing cash | 2.43 | 49.58 | 4.02 | 0.70 | 0.51 | 0.84 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Growth | ||||||
| Sales growth | +13.3% | +6.5% | +20.3% | +5.1% | +33.6% | - |
| EBITDA growth | +7.3% | +3.6% | +73.6% | -42.8% | +356.9% | - |
| PBT growth | +23.6% | +5.1% | +75.3% | -49.9% | +4053.6% | +9997.0% |
| Net income growth | +24.6% | +14.3% | +74.7% | -57.4% | +2870.6% | - |
| Revenue CAGR (3Y) | +13.2% | +10.4% | +19.1% | - | - | - |
| EBITDA CAGR (3Y) | +24.5% | +1.0% | +65.6% | - | - | - |
| Profitability & leverage | ||||||
| Net income margin | +5.0% | +5.0% | +4.7% | +3.2% | +7.9% | +0.4% |
| Return on capital employed | +11.3% | +12.1% | +18.9% | +15.1% | +32.6% | +7.9% |
| Return on net worth | +8.5% | +11.3% | +20.3% | +13.4% | +40.7% | +1.9% |
| Debt / equity | 0.21 | 0.50 | 0.85 | 0.61 | 0.65 | 0.69 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 19.47 | 26.99 | 24.46 | 27.26 | 13.02 | 100.85 |
| Efficiency & per share | ||||||
| Fixed asset turnover | 10.25 | 11.98 | 14.12 | 13.51 | 14.14 | 11.14 |
| Inventory turnover | 5.28 | 6.18 | 6.29 | 5.51 | 6.63 | 6.16 |
| Debtors turnover | 2.43 | 2.15 | 2.43 | 2.71 | 3.00 | 2.53 |
| EPS (₹) | 5.22 | 4.57 | 61.48 | 68.76 | 161.61 | 5.95 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 64.21 | 58.98 | 331.37 | 546.71 | 477.95 | 316.33 |
Timeline of Sweet Dreams
4 dated milestones of Sweet Dreams across 19 years, from founding to its latest funding, stage changes and deals.
- Founded Sweet Dreams is founded.
- Funding First funding round of $1.6M.
- Milestone Reaches Minicorn status.
- IPO Lists on the stock exchange (IPO).
Web traffic of Sweet Dreams
The website of Sweet Dreams (sweetdreams.in) receives about 119.3K visits a month.
- Monthly visits119.3K
▼ 4.3% vs previous month
Websites whose visitors overlap most with Sweet Dreams. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
privatelives.in | privatelives.in | 100% | #915,735 | – | |
sanskrutihomes.in | sanskrutihomes.in | 99% | #173,258 | – | |
| jisora.com | 87% | 168.5K | #202,887 | View details | |
thepdkfstore.com | thepdkfstore.com | 85% | #774,227 | – | |
hancockfashion.com | hancockfashion.com | 83% | #1,979,619 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Sweet Dreams
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- 40 similar websites
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Top companies in Fashion & Lifestyle E-Commerce
3 companies that operate in the same segment as Sweet Dreams (Fashion & Lifestyle E-Commerce) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Eyewear is offered online for men, women, and kids. | 2010 | Gurugram, Haryana, India | USD 1.04 B | USD 939.4 M | 18,984 | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 542.17 M | 1,108 | |
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed. | 2019 | Bengaluru, Karnataka, India | USD 142.34 M | USD 32.66 M | 711 |
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Related news about Sweet Dreams
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Frequently Asked Questions about Sweet Dreams
Sweet Dreams was founded in 2005 and raised its 1st funding round 12 years after it was founded.
Sweet Dreams is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Sweet Dreams is a funded company, having raised a total of $1.55M across 1 funding round to date. The company's 1st funding round was a Seed of $1.55M, raised on Dec 2017.
Sweet Dreams has 1 employees.
The primary company behind Sweet Dreams, S D Retail Limited, reported revenue of ₹198 Cr for FY 2026, up 13% year on year.
Sweet Dreams is involved in the retail of premium sleepwear, nightwear, and loungewear for men and women. The company operates in the apparel sector, focusing on comfort and style through a wide range of products including night sets, pyjamas, tracksuits, and coord sets. Solutions are provided through an online platform, ensuring accessibility and convenience for customers seeking quality clothing for relaxation and sleep.
Sweet Dreams offers Night Sets, Loungewear, and Tracksuits.
Yes, Sweet Dreams is publicly traded on NSE under the ticker symbol SDREAMS.
Sweet Dreams has 2 investors. Key investors include Chanakya Value Creation, and Chanakya.
The valuation of Sweet Dreams is $13.96M as of Dec 2017.
Sweet Dreams is associated with 2 legal entities: S D Retail Limited, Sweet Dreams Loungewear (India) Private Limited.
The legal entities of Sweet Dreams currently have 8 directors, including Utpalbhai Pravinchandra Ruparelia, Hitesh Pravinchandra Ruparelia, Vishesh Jailesh Dalal and others.