- Valuation
- ₹10,190 Cr

About Sheela Foam Limited
Data last updated:
Sheela Foam Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the sports goods segment of the musical instruments sector. It was incorporated on 18 June 1971 and has been in existence for over 55 years.
Sheela Foam is part of the BSE 500 index. Its director Rahul Gautam and family are #579 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L74899MH1971PLC427835. Its GSTIN is 27AAACS0189B2ZN (Maharashtra). The company holds 32 GST registrations, of which 19 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 540203 and NSE: SFL.
The company has an authorised share capital of ₹225.56 Cr and a paid-up capital of ₹54.6 Cr. It was formerly known as Sheela Foam Private Limited. It is led by directors including Rahul Gautam (Managing Director) and Tushaar Gautam (Managing Director).
Its last annual general meeting (AGM) was held on 16 July 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Mumbai, Maharashtra.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹3,820.84 Cr, a growth of 11.1% compared to the previous year. For the same year it recorded a net profit of ₹150.51 Cr (net margin 3.9%) and EBITDA of ₹393.37 Cr (EBITDA margin 10.3%). The net worth stands at ₹3,251.96 Cr (up 7.8% YoY). Total assets are valued at ₹4,274.77 Cr (down 7.2% YoY).
The company has about 1,976 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sheela Group. As per MCA filings, the company has open charges of ₹129 Cr and satisfied charges of ₹554.57 Cr on record. Court records list 146 cases involving the company, including 74 filed by the company and 72 filed against it; 38 cases are pending. The company has 16 deals on record (8 market trades, 5 secondary share transfers, 1 qip), with disclosed funding of ₹2.86 Cr; the latest was in October 2025. The company has 3 MSME Form 1 returns on record between 2014 and 2019, listing 5 overdue payments to 5 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sheelafoam.com.
Company details
CIN history
Sheela Foam has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L74899MH1971PLC427835, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74899MH1971PLC427835 | Current |
| U74899DL1971PLC005679 | Previous |
| L74899DL1971PLC005679 | Previous |
| U74899DL1971PTC005679 | Previous |
Recognitions & Rankings of Sheela Foam
- #579 Rahul Gautam & family ₹5,800 Cr
Contact details
Sheela Foam Limited's registered office is in Mumbai, Maharashtra.
- Social Media
- Registered Address1002 To 1006 The Avenue International Airport Road, Opp Hotel Leela Sahar, Mumbai, Maharashtra, India – 400059
- IndustryMusical Instruments, Sports Goods, Musical Instrument, Manufacturing, Jewellery
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Sheela Foam operates one associated brand: Sheela Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of mattress and foam products | sheelafoam.com |
Business activity
The main business activity of Sheela Foam is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Sheela Foam Limited, buy the company report.
Financials of Sheela Foam Limited
FY 2025-26 filings availableSheela Foam Limited reported revenue of ₹3,820.84 Cr (up 11.1% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue 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 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 3,821 | 3,439 | 2,982 | 2,873 | 2,866 | 2,437 | 2,174 |
| Revenue growth | +11.1% | +15.3% | +3.8% | +0.3% | +17.6% | +12.1% | - |
| EBITDA | 393 | 245 | 301 | 298 | 315 | 364 | 288 |
| EBITDA margin | +10.3% | +7.1% | +10.1% | +10.4% | +11.0% | +14.9% | +13.3% |
| Profit before tax | 182 | 103 | 256 | 273 | 296 | 324 | 256 |
| Net profit | 151 | 34.09 | 137 | 185 | 209 | 225 | 189 |
| Net profit margin | +3.9% | +1.0% | +4.6% | +6.4% | +7.3% | +9.2% | +8.7% |
| EPS (₹) | 14.62 | 8.18 | 16.78 | 20.39 | 44.55 | 48.73 | 39.65 |
| Balance sheet | |||||||
| Total assets | 4,275 | 4,608 | 4,567 | 2,217 | 1,937 | 1,584 | 1,319 |
| Net worth | 3,252 | 3,017 | 2,920 | 1,598 | 1,393 | 1,184 | 920 |
| Total debt | 908 | 1,462 | 1,493 | 571 | 466 | 334 | 310 |
| Cash & bank | 36.39 | 47.48 | 48.95 | 42.54 | 41.13 | 58.10 | 44.62 |
| Net working capital | 161 | 173 | 102 | 239 | 280 | 248 | 223 |
| Cash flow | |||||||
| Cash from operations | 409 | 247 | 406 | 218 | 197 | 254 | 157 |
| Cash from investing | 298 | (23.84) | (2,258) | (272) | (306) | (208) | (287) |
| Cash from financing | (716) | (226) | 1,854 | 56.12 | 92.68 | (32.35) | 157 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,032 | 1,050 | 1,074 | 875 | 821 | 850 | 967 | 813 |
| Revenue growth (YoY) | +25.6% | +23.6% | +11.1% | +7.7% | +1.4% | - | - | - |
| Other income | 22.39 | 34.11 | 15.66 | 10.53 | 9.74 | 60.56 | 8.03 | 31.83 |
| EBITDA | 109 | 117 | 114 | 79.29 | 75.23 | 26.70 | 88.07 | 70.33 |
| EBITDA margin | +10.6% | +11.1% | +10.6% | +9.1% | +9.2% | +3.1% | +9.1% | +8.7% |
| Depreciation | 33.88 | 35.60 | 47.34 | 49.52 | 46.12 | 49.88 | 45.35 | 47.87 |
| Interest | 17.82 | 20.88 | 17.03 | 28.07 | 29.17 | 35.28 | 28.76 | 28.28 |
| Profit before tax | 79.59 | 94.25 | 65.68 | 12.23 | 9.68 | 2.10 | 21.99 | 26.01 |
| Tax | 20.36 | 16.80 | 16.11 | 4.62 | 4.85 | (10.41) | 5.48 | 5.86 |
| Net profit | 59.23 | 77.45 | 49.57 | 7.61 | 4.83 | 12.51 | 16.51 | 20.15 |
| EPS (₹) | 5.62 | 8.34 | 4.77 | 0.88 | 0.60 | 1.97 | 1.72 | 1.82 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 2,962 | 2,675 | 1,880 | 2,039 | 2,008 | 1,694 | 1,755 |
| Revenue growth | +10.7% | +42.3% | -7.8% | +1.5% | +18.6% | -3.5% | - |
| EBITDA | 298 | 179 | 210 | 208 | 234 | 237 | 215 |
| EBITDA margin | +10.1% | +6.7% | +11.2% | +10.2% | +11.6% | +14.0% | +12.3% |
| Profit before tax | 165 | 111 | 222 | 234 | 265 | 243 | 215 |
| Net profit | 121 | 38.98 | 125 | 157 | 188 | 169 | 161 |
| Net profit margin | +4.1% | +1.5% | +6.6% | +7.7% | +9.3% | +10.0% | +9.2% |
| EPS (₹) | 11.96 | 8.49 | 15.48 | 17.54 | 40.45 | 37.13 | 33.93 |
| Balance sheet | |||||||
| Total assets | 3,483 | 3,846 | 3,701 | 1,545 | 1,286 | 1,070 | 914 |
| Net worth | 2,912 | 2,776 | 2,674 | 1,362 | 1,210 | 1,013 | 830 |
| Total debt | 475 | 956 | 1,000 | 149 | 19.40 | 1.99 | 2.84 |
| Cash & bank | 11.65 | 30.72 | 12.89 | 12.98 | 14.63 | 35.51 | 29.15 |
| Net working capital | 4.94 | 24.70 | (64.67) | 51.71 | 89.24 | 123 | 122 |
| Cash flow | |||||||
| Cash from operations | 259 | 232 | 246 | 147 | 196 | 178 | 130 |
| Cash from investing | 292 | (46.18) | (2,160) | (186) | (210) | (163) | (103) |
| Cash from financing | (570) | (173) | 1,915 | 38.08 | (6.04) | (8.85) | (8.69) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 761 | 819 | 842 | 667 | 635 | 662 | 791 | 615 |
| Revenue growth (YoY) | +19.9% | +23.8% | +6.4% | +8.5% | +26.0% | - | - | - |
| Other income | 19.89 | 31.88 | 8.17 | 7.69 | 8.35 | 58.69 | 9.06 | 29.94 |
| Total expenses | 693 | 729 | 757 | 612 | 574 | 650 | 720 | 560 |
| EBITDA | 68.38 | 90.37 | 84.34 | 54.80 | 60.25 | 12.25 | 71.28 | 55.08 |
| EBITDA margin | +9.0% | +11.0% | +10.0% | +8.2% | +9.5% | +1.9% | +9.0% | +9.0% |
| Depreciation | 17.24 | 16.76 | 30.78 | 32.75 | 29.91 | 34.05 | 23.36 | 35.44 |
| Interest | 12.28 | 15.13 | 11.29 | 21.76 | 22.80 | 28.95 | 22.79 | 22.32 |
| Profit before tax | 58.75 | 90.36 | 50.44 | 7.98 | 15.89 | 7.94 | 34.19 | 27.26 |
| Tax | 14.81 | 14.84 | 11.74 | 2.33 | 5.19 | (5.64) | 9.26 | 6.14 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,032 | 1,050 | 1,074 | 875 | 821 | 850 | 967 | 813 |
| Revenue growth (YoY) | +25.6% | +23.6% | +11.1% | +7.7% | +1.4% | - | - | - |
| Other income | 22.39 | 34.11 | 15.66 | 10.53 | 9.74 | 60.56 | 8.03 | 31.83 |
| EBITDA | 109 | 117 | 114 | 79.29 | 75.23 | 26.70 | 88.07 | 70.33 |
| EBITDA margin | +10.6% | +11.1% | +10.6% | +9.1% | +9.2% | +3.1% | +9.1% | +8.7% |
| Depreciation | 33.88 | 35.60 | 47.34 | 49.52 | 46.12 | 49.88 | 45.35 | 47.87 |
| Interest | 17.82 | 20.88 | 17.03 | 28.07 | 29.17 | 35.28 | 28.76 | 28.28 |
| Profit before tax | 79.59 | 94.25 | 65.68 | 12.23 | 9.68 | 2.10 | 21.99 | 26.01 |
| Tax | 20.36 | 16.80 | 16.11 | 4.62 | 4.85 | (10.41) | 5.48 | 5.86 |
| Net profit | 59.23 | 77.45 | 49.57 | 7.61 | 4.83 | 12.51 | 16.51 | 20.15 |
| EPS (₹) | 5.62 | 8.34 | 4.77 | 0.88 | 0.60 | 1.97 | 1.72 | 1.82 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 3,821 | 3,439 | 2,982 | 2,873 | 2,866 | 2,437 | 2,174 |
| Revenue growth | +11.1% | +15.3% | +3.8% | +0.3% | +17.6% | +12.1% | - |
| Other income | 62.20 | 162 | 140 | 85.62 | 79.16 | 50.24 | 39.99 |
| Total expenses | 3,427 | 3,194 | 2,682 | 2,575 | 2,551 | 2,073 | 1,885 |
| Employee cost | 499 | 434 | 349 | 284 | 255 | 232 | 220 |
| EBITDA | 393 | 245 | 301 | 298 | 315 | 364 | 288 |
| EBITDA margin | +10.3% | +7.1% | +10.1% | +10.4% | +11.0% | +14.9% | +13.3% |
| Depreciation | 179 | 183 | 116 | 89.62 | 80.78 | 72.87 | 59.04 |
| Interest | 95.15 | 121 | 68.62 | 21.07 | 16.97 | 17.68 | 13.00 |
| Profit before tax | 182 | 103 | 256 | 273 | 296 | 324 | 256 |
| Tax | 42.38 | 14.41 | 61.42 | 72.25 | 77.63 | 83.69 | 62.08 |
| Net profit | 151 | 34.09 | 137 | 185 | 209 | 225 | 189 |
| Net profit margin | +3.9% | +1.0% | +4.6% | +6.4% | +7.3% | +9.2% | +8.7% |
| EPS (₹) | 14.62 | 8.18 | 16.78 | 20.39 | 44.55 | 48.73 | 39.65 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 54.60 | 54.59 | 54.35 | 48.78 | 24.39 | 24.39 | 24.39 |
| Reserves & surplus | 3,197 | 2,962 | 2,866 | 1,549 | 1,368 | 1,160 | 895 |
| Shareholders' funds (net worth) | 3,252 | 3,017 | 2,920 | 1,598 | 1,393 | 1,184 | 920 |
| Minority interest | 8.29 | 7.49 | 60.50 | 8.27 | 7.63 | 8.92 | 6.67 |
| Secured loans | 238 | 303 | 447 | 414 | 269 | 147 | 173 |
| Unsecured loans | 670 | 1,160 | 1,047 | 157 | 198 | 187 | 137 |
| Total debt | 908 | 1,462 | 1,493 | 571 | 466 | 334 | 310 |
| Total liabilities | 4,275 | 4,608 | 4,567 | 2,217 | 1,937 | 1,584 | 1,319 |
| Assets | |||||||
| Gross block | 4,103 | 3,902 | 3,855 | 1,325 | 1,249 | 1,187 | 1,077 |
| Net block | 3,198 | 3,080 | 3,129 | 865 | 883 | 894 | 851 |
| Capital work in progress | 32.19 | 131 | 166 | 287 | 120 | 32.56 | 17.97 |
| Investments | 588 | 873 | 878 | 768 | 618 | 411 | 231 |
| Inventories | 393 | 350 | 339 | 331 | 314 | 315 | 227 |
| Sundry debtors | 442 | 346 | 364 | 282 | 269 | 302 | 216 |
| Cash & bank balances | 36.39 | 47.48 | 48.95 | 42.54 | 41.13 | 58.10 | 44.62 |
| Loans & advances | 125 | 183 | 105 | 65.47 | 72.14 | 48.73 | 50.02 |
| Total current assets | 995 | 926 | 857 | 721 | 697 | 724 | 537 |
| Total current liabilities | 834 | 752 | 755 | 482 | 417 | 476 | 314 |
| Net working capital | 161 | 173 | 102 | 239 | 280 | 248 | 223 |
| Total assets | 4,275 | 4,608 | 4,567 | 2,217 | 1,937 | 1,584 | 1,319 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 41.25 | 44.02 | 42.27 | 40.81 | 57.36 | 44.11 | 16.84 |
| Net cash from operating activities | 409 | 247 | 406 | 218 | 197 | 254 | 157 |
| Net cash from investing activities | 298 | (23.84) | (2,258) | (272) | (306) | (208) | (287) |
| Net cash from financing activities | (716) | (226) | 1,854 | 56.12 | 92.68 | (32.35) | 157 |
| Net change in cash | (8.13) | (2.77) | 1.75 | 1.46 | (16.55) | 13.26 | 27.27 |
| Closing cash | 36.39 | 47.48 | 48.95 | 42.54 | 41.13 | 58.10 | 44.62 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +11.1% | +15.3% | +3.8% | +0.3% | +17.6% | +12.1% | - |
| EBITDA growth | +60.6% | -18.5% | +0.8% | -5.3% | -13.5% | +26.3% | - |
| PBT growth | +76.0% | -59.6% | -6.3% | -7.9% | -8.5% | +26.3% | +35.3% |
| Net income growth | +341.5% | -75.2% | -25.7% | -11.4% | -7.2% | +18.9% | - |
| Revenue CAGR (3Y) | +10.0% | +6.3% | +7.0% | +9.8% | +10.2% | +7.4% | +7.9% |
| EBITDA CAGR (3Y) | +9.7% | -8.0% | -6.2% | +1.1% | +14.4% | +19.0% | +13.7% |
| Profitability & leverage | |||||||
| Net income margin | +3.7% | +2.6% | +6.5% | +7.0% | +7.6% | +9.9% | +8.9% |
| Return on capital employed | +6.3% | +3.5% | +7.9% | +14.2% | +17.9% | +23.7% | +25.1% |
| Return on net worth | +4.5% | +1.1% | +6.6% | +13.4% | +17.0% | +22.8% | +23.6% |
| Debt / equity | 0.38 | 0.50 | 0.46 | 0.35 | 0.31 | 0.31 | 0.21 |
| Long-term debt / equity | 0.16 | 0.31 | 0.33 | 0.24 | 0.22 | 0.23 | 0.15 |
| Interest cover | 44.30 | 193.28 | 37.14 | 10.10 | 7.25 | 6.07 | 5.67 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.95 | 0.89 | 1.15 | 2.23 | 2.35 | 2.15 | 2.74 |
| Inventory turnover | 10.29 | 9.98 | 8.89 | 8.90 | 9.10 | 8.99 | 10.50 |
| Debtors turnover | 9.71 | 9.70 | 9.24 | 10.42 | 10.03 | 9.41 | 11.82 |
| EPS (₹) | 14.62 | 8.18 | 16.78 | 20.39 | 44.55 | 48.73 | 39.65 |
| Dividend per share (₹) | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 297.80 | 276.30 | 268.65 | 163.82 | 285.46 | 242.77 | 188.54 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 761 | 819 | 842 | 667 | 635 | 662 | 791 | 615 |
| Revenue growth (YoY) | +19.9% | +23.8% | +6.4% | +8.5% | +26.0% | - | - | - |
| Other income | 19.89 | 31.88 | 8.17 | 7.69 | 8.35 | 58.69 | 9.06 | 29.94 |
| Total expenses | 693 | 729 | 757 | 612 | 574 | 650 | 720 | 560 |
| EBITDA | 68.38 | 90.37 | 84.34 | 54.80 | 60.25 | 12.25 | 71.28 | 55.08 |
| EBITDA margin | +9.0% | +11.0% | +10.0% | +8.2% | +9.5% | +1.9% | +9.0% | +9.0% |
| Depreciation | 17.24 | 16.76 | 30.78 | 32.75 | 29.91 | 34.05 | 23.36 | 35.44 |
| Interest | 12.28 | 15.13 | 11.29 | 21.76 | 22.80 | 28.95 | 22.79 | 22.32 |
| Profit before tax | 58.75 | 90.36 | 50.44 | 7.98 | 15.89 | 7.94 | 34.19 | 27.26 |
| Tax | 14.81 | 14.84 | 11.74 | 2.33 | 5.19 | (5.64) | 9.26 | 6.14 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,962 | 2,675 | 1,880 | 2,039 | 2,008 | 1,694 | 1,755 |
| Revenue growth | +10.7% | +42.3% | -7.8% | +1.5% | +18.6% | -3.5% | - |
| Other income | 48.25 | 158 | 115 | 75.09 | 70.22 | 47.43 | 41.35 |
| Total expenses | 2,665 | 2,496 | 1,670 | 1,830 | 1,774 | 1,457 | 1,540 |
| Employee cost | 323 | 282 | 167 | 152 | 132 | 120 | 141 |
| EBITDA | 298 | 179 | 210 | 208 | 234 | 237 | 215 |
| EBITDA margin | +10.1% | +6.7% | +11.2% | +10.2% | +11.6% | +14.0% | +12.3% |
| Depreciation | 110 | 130 | 58.44 | 41.08 | 32.39 | 32.53 | 33.09 |
| Interest | 70.98 | 97.08 | 43.75 | 8.13 | 7.11 | 8.68 | 8.14 |
| Profit before tax | 165 | 111 | 222 | 234 | 265 | 243 | 215 |
| Tax | 34.10 | 17.82 | 54.13 | 63.02 | 67.25 | 62.31 | 49.64 |
| Net profit | 121 | 38.98 | 125 | 157 | 188 | 169 | 161 |
| Net profit margin | +4.1% | +1.5% | +6.6% | +7.7% | +9.3% | +10.0% | +9.2% |
| EPS (₹) | 11.96 | 8.49 | 15.48 | 17.54 | 40.45 | 37.13 | 33.93 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 54.60 | 54.59 | 54.35 | 48.78 | 24.39 | 24.39 | 24.39 |
| Reserves & surplus | 2,858 | 2,722 | 2,620 | 1,313 | 1,185 | 989 | 806 |
| Shareholders' funds (net worth) | 2,912 | 2,776 | 2,674 | 1,362 | 1,210 | 1,013 | 830 |
| Secured loans | 22.27 | 67.42 | 206 | 132 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 453 | 889 | 794 | 16.93 | 19.40 | 1.99 | 2.84 |
| Total debt | 475 | 956 | 1,000 | 149 | 19.40 | 1.99 | 2.84 |
| Total liabilities | 3,483 | 3,846 | 3,701 | 1,545 | 1,286 | 1,070 | 914 |
| Assets | |||||||
| Gross block | 2,836 | 2,762 | 761 | 523 | 429 | 421 | 392 |
| Net block | 2,279 | 2,270 | 504 | 311 | 257 | 278 | 279 |
| Capital work in progress | 25.20 | 54.06 | 80.22 | 103 | 0.64 | 1.17 | 16.53 |
| Investments | 784 | 1,082 | 3,068 | 960 | 839 | 623 | 443 |
| Inventories | 280 | 246 | 150 | 207 | 203 | 228 | 165 |
| Sundry debtors | 283 | 219 | 189 | 138 | 136 | 163 | 126 |
| Cash & bank balances | 11.65 | 30.72 | 12.89 | 12.98 | 14.63 | 35.51 | 29.15 |
| Loans & advances | 109 | 153 | 66.99 | 62.02 | 52.95 | 38.39 | 50.11 |
| Total current assets | 683 | 649 | 418 | 420 | 407 | 465 | 371 |
| Total current liabilities | 679 | 625 | 483 | 368 | 318 | 342 | 249 |
| Net working capital | 4.94 | 24.70 | (64.67) | 51.71 | 89.24 | 123 | 122 |
| Total assets | 3,483 | 3,846 | 3,701 | 1,545 | 1,286 | 1,070 | 914 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 28.49 | 15.42 | 12.71 | 14.31 | 35.04 | 28.89 | 10.67 |
| Net cash from operating activities | 259 | 232 | 246 | 147 | 196 | 178 | 130 |
| Net cash from investing activities | 292 | (46.18) | (2,160) | (186) | (210) | (163) | (103) |
| Net cash from financing activities | (570) | (173) | 1,915 | 38.08 | (6.04) | (8.85) | (8.69) |
| Net change in cash | (19.15) | 13.07 | (0.10) | (1.60) | (20.72) | 6.14 | 18.23 |
| Closing cash | 11.65 | 30.72 | 12.89 | 12.98 | 14.63 | 35.51 | 29.15 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +10.7% | +42.3% | -7.8% | +1.5% | +18.6% | -3.5% | - |
| EBITDA growth | +65.8% | -14.5% | +0.8% | -11.0% | -1.4% | +10.3% | - |
| PBT growth | +49.0% | -50.3% | -5.0% | -11.5% | +8.7% | +13.2% | +22.5% |
| Net income growth | +211.6% | -68.8% | -20.5% | -16.3% | +11.2% | +4.6% | - |
| Revenue CAGR (3Y) | +13.3% | +10.0% | +3.5% | +5.1% | +3.5% | +0.8% | +7.1% |
| EBITDA CAGR (3Y) | +12.6% | -8.5% | -4.0% | -1.1% | +8.4% | +7.1% | +9.9% |
| Profitability & leverage | |||||||
| Net income margin | +4.4% | +3.5% | +9.0% | +8.4% | +9.8% | +10.7% | +9.4% |
| Return on capital employed | +6.4% | +3.8% | +8.0% | +17.1% | +23.1% | +25.4% | +26.9% |
| Return on net worth | +4.6% | +1.4% | +6.2% | +13.3% | +17.8% | +19.7% | +22.1% |
| Debt / equity | 0.25 | 0.36 | 0.28 | 0.07 | 0.01 | 0.00 | 0.00 |
| Long-term debt / equity | 0.09 | 0.23 | 0.23 | 0.05 | 0.01 | 0.00 | 0.00 |
| Interest cover | 37.88 | 195.77 | 28.90 | 4.86 | 3.53 | 4.24 | 4.47 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.06 | 1.52 | 2.93 | 4.28 | 4.72 | 4.17 | 4.73 |
| Inventory turnover | 11.26 | 13.51 | 10.55 | 9.94 | 9.30 | 8.61 | 11.03 |
| Debtors turnover | 11.80 | 13.12 | 11.49 | 14.86 | 13.43 | 11.70 | 15.32 |
| EPS (₹) | 11.96 | 8.49 | 15.48 | 17.54 | 40.45 | 37.13 | 33.93 |
| Dividend per share (₹) | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 266.68 | 254.30 | 246.02 | 139.62 | 247.94 | 207.73 | 170.17 |
To see the full year-wise statements and ratios of Sheela Foam Limited, buy the company report.
Board of directors of Sheela Foam Limited
Sheela Foam has 11 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neeraj Jain Also directs: Abbott India Limited, Popular Vehicles and Services Limited, Aster DM Quality Care Limited and 5 more | Director | 14 May 2026 | 0 Years 5 Months | Current |
| Namita Gautam Also directs: Rangoli Resorts Private Limited | Whole-Time Director | 14 Nov 2003 | 22 Years 11 Months | Current |
| Hiroo Mirchandani Also directs: Crompton Greaves Consumer Electricals Limited, Piem Hotels Limited | Director | 06 Jun 2026 | 0 Years 4 Months | Current |
| Vijay Kumar Ahluwalia | Director | 05 Mar 2018 | 8 Years 7 Months | Current |
| Meena Jagtiani Also directs: House of Kieraya Limited, Accelya Solutions India Limited, Morton Foods Limited and 2 more | Director | 08 Apr 2019 | 7 Years 6 Months | Current |
| Rajiv Srivastava Also directs: Coreops.Ai Private Limited, Stratfit Consultants Private Limited | Director | 06 Jun 2026 | 0 Years 4 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jan 2022 | 100540222 | Others | ₹70 Cr | Open | |
| 29 Aug 2019 | 100292785 | Citi Bank N.A. | ₹59 Cr | Open | |
| 19 Jan 2022 | 100540644 | Jp Morgan Chase Bank, N.A. | ₹55 Cr | Satisfied | |
| 16 Jun 2020 | 100341709 | Others | ₹30 Cr | Satisfied | |
| 13 Feb 2014 | 10478185 | Citi Bank N.A. | ₹72 Cr | Satisfied |
To see the full charge records of Sheela Foam Limited, buy the company report.
Total charge records: 25 View all charges
Deals & funding
Sheela Foam Limited has 16 deals on record (8 market trades, 5 secondary share transfers, 1 qip), with disclosed funding of ₹2.86 Cr; the latest was in October 2025.
Deals on record (5 of 16)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2023 | Market trade | ₹92.98 Cr | Buyer: Blue Daimond Properties Private Limited Seller: Winro Commercial (India) Ltd |
| Sep 2023 | QIP | ₹1,200 Cr | Investors: Kotak Funds - India Midcap Fund, Sbi Life Insurance Company Limited , Nippon Life India Trustee Ltd-A/C Nippon India Small Cap Fund |
| Sep 2010 | Secondary share transfer | Undisclosed | Buyer: Serta India Private Limited Seller: Kartik Chandulal Patel - HUF, Parasv Impex Private Limited , 2 individuals |
| Dec 2009 | Secondary share transfer | Undisclosed | Buyer: Kartik Chandulal Patel - HUF, 3 individuals Seller: 4 individuals |
| Jan 2008 | Secondary share transfer | Undisclosed | Buyer: Polyflex Marketing Private Limited , Hemani Firex Private Limited, an individual Seller: 4 individuals |
To see the full deal history of Sheela Foam Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sheela Foam Limited has 146 court cases on record: 74 filed by Sheela Foam, 72 filed against it. 38 cases are pending and 108 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 89 | 54 | 32 |
| High courts | 45 | 10 | 3 |
| Supreme Court | 12 | 8 | 3 |
Cases on record (5 of 146)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, East, Delhi | Cheque dishonour complaint | Filed by the company against House of Suman Private Limited | Pending |
| District court, East, Delhi | Cheque dishonour complaint | Filed by the company against Yomindia Power Private Limited Through Directors and KMP | Pending |
| District court, East, Delhi | Cheque dishonour complaint | Filed by the company against Yewbelle Home Solution Private Limited | Pending |
| District court, East, Delhi | Cheque dishonour complaint | Filed by the company against SV Engineering Products Private Limited and 1 other | Pending |
| High Court of Delhi | Court case (O.M.P.(I) (COMM.)) | Filed by the company against PMG Distribution Private Limited & Ors. | Disposed |
To see the full case history of Sheela Foam Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Sheela Foam Limited was last rated by Crisil on 16 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 16 Dec 2021 |
To see the full credit ratings and regulatory alerts of Sheela Foam Limited, buy the company report.
MSME payment delays
Sheela Foam Limited has 3 MSME Form 1 returns on record between 2014 and 2019, listing 5 overdue payments to 5 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Magna Publishing Company Limited | |||
| an individual supplier | |||
| Nu-Vu Conair Private Limited | |||
| S. K. Jain Rubbers Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Sheela Foam Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Sheela Foam has 32 GST registrations: 19 active and 13 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACS0189B2ZN | Maharashtra | Active | 06 Sep 2019 |
| 03AAACS0189B1ZY | Punjab | Active | 01 Jul 2017 |
| 07AAACS0189B2ZP | Delhi | Active | 01 Jul 2017 |
| 09AAACS0189B1ZM | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sheela Foam Limited, buy the company report.
Recent activity
Sheela Foam Limited has 21 board changes on record since 1996: 11 appointments and 10 cessations. The latest: Avantika Singh was appointed as Additional Director on 04 Aug 2026.
71 earlier events are in the company report.
News
Frequently asked questions
Sheela Foam is an active public limited company based in Mumbai, Maharashtra, India. The company works in sports goods, within the musical instruments industry. It was incorporated on 18 June 1971 (55+ years old) and is registered under CIN L74899MH1971PLC427835. Listed on BSE: 540203 and NSE: SFL.
Sheela Foam reported revenue of ₹3,820.84 Cr for FY 2025-26 (up 11.1% YoY) based on consolidated financials.
Sheela Foam has 11 current directors:
- Rahul Gautam - Managing Director
- Tushaar Gautam - Managing Director
- Namita Gautam - Whole-Time Director
- Rakesh Chahar - Whole-Time Director
- Neeraj Jain - Director
- Hiroo Mirchandani - Director
- Vijay Kumar Ahluwalia - Director
- Meena Jagtiani - Director
- Rajiv Srivastava - Director
- Sudhir Ganpathy Shenoy - Additional Director
- Avantika Singh - Additional Director
The latest financial statements of Sheela Foam on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 16 July 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Sheela Foam is 27AAACS0189B2ZN, registered in Maharashtra. The company has 32 GST registrations in all, of which 19 are active and 13 are cancelled or inactive. Other active GSTINs include 03AAACS0189B1ZY (Punjab), 07AAACS0189B2ZP (Delhi), 09AAACS0189B1ZM (Uttar Pradesh).
The CIN (Corporate Identification Number) of Sheela Foam is L74899MH1971PLC427835. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Sheela Foam is a listed company as per MCA records. Its shares are listed on both BSE (code: 540203) and NSE (symbol: SFL).
Sheela Foam has 146 court cases on record: 74 filed by the company and 72 filed against it. 38 are pending. Most are in the district courts.
Sheela Foam was incorporated on 18 June 1971, making it 55+ years old. It is registered with the Registrar of Companies, Mumbai.
Sheela Foam has 16 deals on record (8 market trades, 5 secondary share transfers, 1 qip), with disclosed funding of ₹2.86 Cr; the latest was in October 2025.
Avantika Singh was appointed as Additional Director on 04 Aug 2026. Hiroo Mirchandani was appointed as Director on 06 Jun 2026. Rajiv Srivastava was appointed as Director on 06 Jun 2026. Sheela Foam has 21 board changes on record in total.

