Sheela Foam Ltd
Next 500 2024
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OVERVIEW
FINANCIALS
About
Sheela Foam is one of the country’s leading manufacturers of polyurethane foam, a synthetic substance used as a cushioning material in mattresses and cushioning. The company operates in two segments- consumer brands and trade brands. The mattress brand Sleepwell and the home furniture solutions company Furlenco come under the consumer segment with Kurlon most recently being acquired in 2021. Under trade, the company manufactures commercial, standard, deluxe and pure grade foam under brands such as Mystic, Splash and FlexiTuf. Sheela Foam’s most-known brands are Sleepwell, Feather Foam and Laxiflex. The company has a wholly owned subsidiary in Australia called Joyce Foam.
Incorporation Year: 1971
Headquarters: Noida, Uttar Pradesh
Top Management: Rahul Gautam
Industry: Home interiors
Website: www.sheelafoam.com
Featured In Fortune India Ranking
Fortune 500 India
#471(2022)
#436(2021)
#465(2020)
#494(2019)
#471(2022)#436(2021)#465(2020)#494(2019)
Ranking Trend Fortune 500 India
Next 500 India
#71(2024)#7(2019)#5(2018)#44(2017)
#71(2024)#7(2019)#5(2018)#44(2017)
Ranking Trend Fortune Next 500 India
Financial Data 2024
Revenue
3,063
(INR Cr)
Net Operating Income
2,982
(INR Cr)
Assets
4,567
(INR Cr)
Profit
182
(INR Cr)
Net Worth
2,920
(INR Cr)
Financial Data
RevenueNet Operating IncomeProfitAssetsNet Worth
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 3063 3.1% | 2971 0.6% | 2955 18.5% | 2493 12.6% | 2215 1.6% | 2181 9.0% | 2002 13.1% | 1770 13.3% | 1562 9.7% | 1424 11.7% | 1275 8.9% | 1171 10.0% | 1064 42.1% | 749 - |
| Net Operating Income (INR Cr) | 2982 3.79% | 2873 0.27% | 2866 17.58% | 2437 12.13% | 2174 1.50% | 2141 8.96% | 1965 13.42% | 1733 11.80% | 1550 9.33% | 1418 11.53% | 1271 10.62% | 1149 9.96% | 1045 0.00% | 744 0.00% |
| Profit (INR Cr) | 182 -8.3% | 199 -8.5% | 217 -8.6% | 238 22.9% | 193 44.6% | 134 0.0% | 134 6.5% | 126 19.9% | 105 145.4% | 43 53.3% | 28 -9.8% | 31 298.6% | 8 -71.0% | 27 - |
| Assets (INR Cr) | 4567 106.0% | 2217 14.5% | 1937 22.3% | 1584 20.1% | 1319 57.3% | 838 17.2% | 715 24.6% | 574 15.2% | 498 16.4% | 428 3.0% | 416 1.6% | 409 0.9% | 406 39.5% | 291 - |
| Net Worth (INR Cr) | 2920 82.7% | 1598 14.8% | 1393 17.6% | 1184 28.8% | 920 26.0% | 730 22.2% | 597 28.8% | 464 37.0% | 338 38.1% | 245 24.7% | 197 16.0% | 170 23.1% | 138 0.0% | 176 0.0% |
| Employee Cost (INR Cr) | 349 23.2% | 284 11.0% | 255 10.3% | 232 5.2% | 220 24.3% | 177 9.0% | 163 6.2% | 153 9.9% | 139 8.5% | 128 7.6% | 119 15.7% | 103 11.5% | 93 - | 0 - |
| Interest Cost (INR Cr) | 69 | 21 | 17 | 18 | 13 | 10 | 9 | 11 | 12 | 16 | 19 | 23 | 24 | 7 |
| Cash & Bank Balance (INR Cr) | 49 | 43 | 41 | 58 | 45 | 20 | 158 | 209 | 217 | 117 | 77 | 32 | 21 | 25 |
| Total Debt (INR Cr) | 1493 | 571 | 466 | 334 | 310 | 31 | 48 | 59 | 115 | 146 | 188 | 214 | 248 | 106 |
Key Financial Ratios
Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 6.0% | 6.7% | 7.4% | 9.5% | 8.7% | 6.1% | 6.7% | 7.1% | 6.7% | 3.0% | 2.2% | 2.6% | 0.7% | 3.6% |
| Profit As % Of Assets | 4.0% | 9.0% | 11.2% | 15.0% | 14.7% | 16.0% | 18.7% | 21.9% | 21.0% | 10.0% | 6.7% | 7.5% | 1.9% | 9.2% |
| Profit As % Of Networth | 6.3% | 12.5% | 15.6% | 20.1% | 21.0% | 18.3% | 22.4% | 27.1% | 30.9% | 17.4% | 14.2% | 18.2% | 5.6% | 15.2% |
| Interest Cost to EBITDA % | 22.8% | 7.1% | 5.4% | 4.9% | 4.5% | 4.6% | 4.0% | 5.6% | 6.6% | 17.8% | 22.6% | 28.3% | 43.7% | 13.4% |
| Debt to Equity Ratio | 0.51 | 0.36 | 0.33 | 0.28 | 0.34 | 0.04 | 0.08 | 0.13 | 0.34 | 0.59 | 0.96 | 1.27 | 1.80 | 0.60 |
| RONW | 6.6% | 13.4% | 17.0% | 22.8% | 23.6% | 20.2% | 25.2% | 31.3% | 35.9% | 19.3% | 15.2% | 18.2% | 5.7% | 15.2% |
| ROCE | 7.9% | 14.2% | 17.9% | 23.7% | 25.1% | 25.6% | 31.4% | 35.2% | 35.3% | 17.5% | 13.4% | 15.3% | 9.0% | 16.9% |