Sheela Foam's Q1 FY 2025-26 Quarterly Results

Result Summary

• Sheela Foam Ltd reported a 5.7% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 1.1%.
• Its expenses for the quarter were down by 1.4% QoQ and up 0.4% YoY.
• The net profit decreased 89.0% QoQ and decreased 84.7% YoY.
• The earnings per share (EPS) of Sheela Foam Ltd stood at 0.7 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Sheela Foam Ltd is a leading company in the manufacturing and retail sector, primarily known for its production and distribution of mattresses and related home comfort products. The company is renowned for its Duraflex and Sleepwell brands, which have a significant presence in the Indian market. Sheela Foam operates within the consumer goods industry, focusing on home furnishings. The company has expanded its operations both domestically and internationally, catering to a broad consumer base. As of the latest updates, there are no major developments highlighted, although the company continues to focus on innovation and expansion in its product offerings.

Revenue

In Q1 FY26, Sheela Foam Ltd reported a total income of ₹831.15 crores. This represents a decrease of 5.7% quarter-over-quarter from ₹881.82 crores in Q4 FY25. Compared to the same quarter in the previous fiscal year, there was a slight decline of 1.1% from ₹840.26 crores in Q1 FY25. These figures indicate a contraction in the company's revenue on both a quarterly and annual basis. The revenue trend highlights challenges in maintaining growth momentum, as reflected in the decrease in total income over the periods compared.

Profitability

The profitability metrics for Sheela Foam Ltd indicate a significant reduction in profit margins. The company recorded a profit before tax of ₹9.89 crores in Q1 FY26, which is a sharp decline of 88.0% from ₹82.54 crores in Q4 FY25. Year-over-year, the profit before tax decreased by 81.4% from ₹53.23 crores in Q1 FY25. The tax expense for the quarter stood at ₹4.46 crores, down by 69.0% from the previous quarter and 32.8% from the same quarter last year. Consequently, the profit after tax was ₹7.15 crores, marking an 89.0% decrease QoQ and an 84.7% decrease YoY. Earnings per share followed a similar trend, declining to ₹0.70 from ₹5.90 in the previous quarter and ₹4.20 in the same quarter last year, reflecting reductions of 88.1% QoQ and 83.3% YoY.

Operating Metrics

Examining the operating metrics, total expenses for Sheela Foam Ltd in Q1 FY26 were ₹821.26 crores, down by 1.4% from ₹832.93 crores in Q4 FY25. Compared to Q1 FY25, there was a slight increase of 0.4% from ₹817.65 crores. This indicates a modest decrease in operational costs on a quarterly basis but a marginal increase on a yearly basis. The company's ability to manage expenses amidst fluctuating revenue levels is critical to its operational performance. The decline in profit margins despite reduced expenses suggests other operational challenges impacting the company's financial results.