Sheela Foam shares jump 20% after rise in Q4 profit and margins

Shares of Sheela Foam Ltd. gained 20% on Friday, May 15, after the company reported an improvement in earnings for the March quarter.

For Q4FY26, the company reported net profit of ₹91.3 crore, compared to ₹13.1 crore in the year-ago period.

Revenue from operations rose 23.6% year-on-year to ₹1,050 crore from ₹850 crore, while EBITDA jumped to ₹116.6 crore from ₹26.7 crore last year.

EBITDA margin expanded sharply to 11.1% from 3.2% a year ago.

The company said its mattress segment registered volume growth of 13% during the quarter, while the foam business recorded growth of 34%.

Commenting on the performance, Chairman and Managing Director Rahul Gautam said FY26 marked a year of realising the benefits from the integration of the Kurlon acquisition with Sheela Foam's operations.

He added that both the Sleepwell and Kurlon brands delivered strong growth during the year, while the foam segment also maintained healthy momentum.

According to Gautam, the broad-based performance translated into strong growth in both revenue and profitability, helping the company achieve its highest-ever turnover and EBITDA in its history.