Sheela Foam Ltd. · NSE:SFL
Sheela Foam — Q4 & FY26 Earnings Presentation
54 slides from Sheela Foam's earnings presentation, May 14, 2026
Slide 1: Intimation of Investor Presentation to stock exchanges
May 14, 2026 To, The BSE Limited The National Stock Exchange India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Bandra Kurla Complex Dalal Street, Mumbai-400001 Bandra (E), Mumbai-400051 Scrip code: 540203 NSE Symbol: SFL Subject: Investor Presentation Dear Sir/Madam, Furtherance to our intimat
Slide 2: Earnings Presentation Q4 & FY26
SHEELA FOAM LIMITED Earnings Presentation Q4 & FY26
Slide 3: Safe harbour statement
Sheela Foam: Safe harbour statement All statements included or incorporated by reference in this presentation, other than statements or characterizations of historical fact, are forward- looking statements. These forward-looking statements are based on our current expectations, estimates, and projec
Slide 4: Contents
Contents > Founders & Management > Company Snapshot > Financial Highlights & Performance - FY26 > Operating Highlights - FY26 > Financial Performance & Key Initiatives — Segment-wise > Financial Performance — Geography-wise > ESG & CSR Framework > Marketing Initiatives > Financials SHEELA FOAM - EAR
Slide 5: Founders with pedigree: ably supported by professionals
Founders with pedigree : ably supported by professionals Rahul Gautam – Chairman & MD Rakesh Chahar – Deputy MD & Whole time Director Tushaar Gautam - Vice Chairman & Joint MD Amit Kumar Gupta - Group CFO
Slide 6: Company Snapshot
Company Snapshot % Experienced management Largest manufacturers of PU Foam in India ‘Sleepwell’ ‘Kurlon’ are amongst the most trusted brands in India Backward Integrated Player with a wide product basket i?) 9 Presence across 7 Ty multiple - geographies t t Strategic move to 7) focus on high margin
Slide 7: Group of companies and brands
Sheela Foam : Group of companies and brands India business International business Mattress & foam business International subsidiaries a _—~ J @O fore, Sleepwell kurlon oyce Sey newloce Furniture rental business International consumer brand FURLENCO Twat AIR RIGHT FEELING IT business <°Stagqo plus +
Slide 8: Leading the Industry, Raising the Bar
Leading the Industry, Raising the Bar FY26 - CONSOLIDATED Q4 FY26 - CONSOLIDATED PAT ₹ 161 Cr Revenue Growth Core EBITDA 24 % 11.5% Net Debt ₹ 156 Cr YoY reduction Strong Growth, Stronger Profitability Cash EPS ₹ 35.2 Final Dividend 20%
Slide 9: Leading the Industry, Raising the Bar Q4 FY26 FY26
Leading the Industry, Raising the Bar Q4 FY26 13 % Mattress 13% Mattress ₹ 121 cr + 90 % ₹ 92 cr 7X 36% Foam 34% Foam 11.5 % + 400 bps 8.7 % + 716 bps Value Growth Volume Growth Core EBITDA - consol PAT - consol FY26 10 % Mattress 12% Mattress ₹ 414 cr + 46 % ₹ 161 cr + 78% 14% Foam 18% Foam 10.8 %
Slide 10: Key Financial highlights – Q4 & FY26
Key Financial highlights – Q4 & FY26 Q4 FY26 11.5 % 10.6 % 12.3 % 14.2 Standalone Joyce (Australia) Interplasp (Spain) Consolidated CORE EBITDA EBITDA EBITDA Cash EPS FY26 10.7 % 10.0 % 10.4 % 35.2 Standalone Joyce (Australia) Interplasp (Spain) Consolidated CORE EBITDA EBITDA EBITDA Cash EPS
Slide 11: Financial Highlights | FY26
Financial Highlights | FY26 (YoY) Consolidated Standalone (SFL + KEL)
Slide 12: Financial performance (₹ Cr) FY26
Financial performance (₹ Cr) Standalone Consolidated SFL + KEL FY25 FY26 Change FY25 FY26 Change TOTAL REVENUE 2675 2962 11% 3439 3821 11% GROSS MARGIN 42.6% 42.9% 33 bps 42.7% 43.7% 106 bps CORE EBITDA %* 8.1% 10.7% 262 bps 8.2% 10.8% 261 bps CORE EBITDA* 217 318 46% 283 414 46% *before Forex MTM *
Slide 13: Financial performance (₹ Cr) Q4 FY26
Financial performance (₹ Cr) Standalone Consolidated SFL + KEL Q4 FY25 Q4 FY26 YoY Q3 FY26 QoQ Q4 FY25 Q4 FY26 YoY Q3 FY26 QoQ TOTAL REVENUE 662 819 24% 842 -3% 850 1050 24% 1074 -2% GROSS MARGIN 43.1% 43.4% 29 bps 40.5% 291 bps 43.4% 44.4% 98 bps 41.7% 264 bps CORE EBITDA %* 7.4% 11.5% 407 bps 10.3
Slide 14: Operational Highlights | FY26
Operational Highlights | FY26 (YoY)
Slide 15: FY26 Standalone – segment wise
FY26 Standalone – segment wise Volume Value (Cr) FY25 FY26 Change FY25 FY26 Change MATTRESS - TOTAL 3309 K 3692 K 12% 1357 1497 10% FOAM - TOTAL 45988 Tn 54088 Tn 18% 1189 1352 14% TECHNICAL FOAM 17498 Tn 20840 Tn 19% 498 581 17% COMFORT FOAM 22793 Tn 27603 Tn 21% 489 562 15% FURNITURE CUSHIONING 56
Slide 16: Q4 FY26 Standalone – segment wise
Q4 FY26 Standalone – segment wise Volume Value (Cr) Q4 FY25 Q4 FY26 YoY Q3 FY26 QoQ Q4 FY25 Q4 FY26 YoY Q3 FY26 QoQ MATTRESS - TOTAL 809 K 914 K 13% 1151 K -21% 348 395 13% 452 -13% FOAM - TOTAL 11171 Tn 14975 Tn 34% 14851 Tn 1% 290 395 36% 354 12% TECHNICAL FOAM 4086 Tn 5589 Tn 37% 5394 Tn 4% 116 1
Slide 17: Cash RoCE | FY26
Cash RoCE | FY26 FY 26 - Amounts in ₹cr Standalone Consolidated 21 % 18 % EBIT (PBT + Finance Cost) 236 277 Standalone Consolidated Total Assets 4161 5117 Cash ROCE Cash ROCE Less: Total Current Liabilities -1107 -1495 Less: Other Non Operating Assets (Investments) -656 -454 Reported ROCE % vs Cash
Slide 18: Cash RoE | FY26
Cash RoE | FY26 10 % 12 % FY 26 - Amounts in ₹cr Standalone Consolidated Standalone Consolidated PAT 131 161 Cash ROE Cash ROE Add: Deferred Tax 44 45 Add: Depreciation 110 179 Reported ROE% vs Cash ROE % Cash PAT 285 384 12 10 Total Equity 2912 3260 5 5 Reported ROE (PAT / Total Equity) 5% 5% Stand
Slide 19: Cash EPS | FY26
Cash EPS | FY26 ₹ 35.2 Consolidated FY 26 - Amounts in ₹cr Consolidated Cash EPS PAT 161 Add: Deferred Tax 45 Add: Depreciation 179 Reported EPS vs Cash EPS 35.2 Cash PAT 384 14.6 Total Shares 10,91,98,924 Reported EPS (PAT / Total Shares) 14.6 Consolidated Reported EPS Cash EPS Cash EPS (Cash PAT /
Slide 20: E-com Driving Volume Growth
FY26 | E-com Driving Volume Growth YoY SALES YoY SALES GROWTH ON 136% GROWTH ON BRAND.COM 39% PLATFORMS
Slide 21: Strengthening U20 outreach
FY26 | Strengthening U20 outreach 8400+ 230+ 5500+ 24+
Slide 22: International Business & STAQO
INTERNATIONAL BUSINESS & STAQO
Slide 23: Australia | Q4 & FY26
Australia | Q4 & FY26 (INR Cr.) Q4 FY25 Q3 FY26 Q4 FY26 FY25 FY26 TOTAL REVENUE 96 116 109 396 422 Gross Margin 53.5% 53.6% 59.5% 50.9% 55.3% OTHER EXPENSES 46.2% 41.1% 48.9% 44.6% 45.4% EBITDA 7.3% 12.5% 10.6% 6.3% 10.0%
Slide 24: Spain | Q4 & FY26
Spain | Q4 & FY26 (INR Cr.) Q4 FY25 Q3 FY26 Q4 FY26 FY25 FY26 TOTAL REVENUE 85 102 109 341 391 Gross Margin 29.5% 32.3% 32.4% 29.6% 32.1% OTHER EXPENSES 22.9% 20.4% 20.0% 21.2% 21.7% EBITDA 6.5% 11.9% 12.3% 8.4% 10.4%
Slide 25: STAQO: Q4 & FY26
STAQO : Q4 & FY26 (INR Cr.) Q4 FY25 Q3 FY26 Q4 FY26 FY25 FY26 TOTAL REVENUE 13 20 20 52 70 TOTAL EXPENSES 85.7% 71.0% 55.7% 69.2% 66.6% EBITDA 14.3% 29.0% 24.6% 30.8% 27.8%
Slide 26: SFL | ESG & CSR Initiatives
SFL | ESG & CSR Initiatives
Slide 27: Strategy plan for Sustainability 2030
Strategy plan for Sustainability 2030 4 Sustainable Developmental Goals (SDG) identified for 2030 Sustainability plan 2026 2030 SUSTAINABLE DEVELOPMENT GOALS Gender Diversity 7.9 % 10 % Energy - Solar Waste Reduction 14.5 % 13 % Employment of Persons 7 11 with Disability Safety Internal Audits ISO 4
Slide 28: Environment
Environment ENERGY WATER WASTE Reduce water consumption intensity Monetize waste & Reduce disposal cost FY26 - 44.5 KL/Person FY26 – 14.5% FY30 - 39 KL/Person FY30 – 13%* • 500 kWp solar addition at Jabalpur Work • Institutionalized audits to map • Kaizens for value recovery; Reduce & completed. sou
Slide 29: Social
Social GENDER EMPLOYMENT OF PERSONS SAFETY DIVERSITY WITH DISABILITY Uplifting Society Enhancing Safety Standards FY26 - 7 persons FY26 - Internal Audits FY30 - 11 persons FY30 – ISO 45001
Slide 30: Governance
Governance Key committees Objective
Slide 31: CSR Framework
CSR Framework
Slide 32: CSR Vision and Key Pillars
CSR Vision We will continue to be recognized As an honest organisation awakening, empowering and inspiring the youth of India with our initiatives of awareness, action and advocacy for qualitative change in their lives And proactive emotional wellness of society Key Pillars Driving social change thr
Slide 33: Skill Development
Skill Development initiatives Key objective FY25 Achievements FY26 Achievements
Slide 34: Emotional wellness
Emotional wellness initiatives Key objective FY25 Achievements FY26 Achievements Workshops - 26 Participants - 1,205 Participants - 78
Slide 35: Revitalisation of Smt Sheela Gautam Inter College
Revitalisation of Smt Sheela Gautam Inter College initiatives Key objective FY25 Achievements FY26 Achievements Migration to Google Workspace and paperless workflows Personality Development, CCA and Sports etc. incorporated into the Curriculum
Slide 36: CSR | in actions
CSR | in actions SHEELA FOAM - EARNINGS PRESENTATION Q4 & FY26
Slide 37: CSR | in actions
CSR | in actions
Slide 38: CSR | in actions
CSR | in actions SHEELA FOAM - EARNINGS PRESENTATION Q4 & FY26
Slide 39: CSR | in actions
CSR | in actions SHEELA FOAM - EARNINGS PRESENTATION Q4 & FY26
Slide 40: Marketing Initiatives
Marketing Initiatives 1. Media Campaigns 2. Social media & Influencer Collaborations 3. Product Launches
Slide 41: Sleepwell | Q4 Media
Sleepwell| Q4 Media Thematic Promotional
Slide 42: Sleepwell | Communication
Sleepwell |Communication Hyperlocal Social
Slide 43: Kurlon | Social Performance
Kurlon| Social Performance Kurlon delivered highly engaging content utilising culture, topical moments & technology
Slide 44: Kurlon | World Sleep Day Campaign
Kurlon| World Sleep Day Campaign Kurlon created 3 exciting films and partnered with 3 mega creators to call out effects of sleep in new age lifestyle Total 10 Mn views generated
Slide 45: Kurlon | Influencer Performance Q4
Kurlon| Influencer Performance Q4 Kurlon activated ~125 creators across IG & YT to drive consideration > Total 15 Mn video views generated > Cumulative reach of 7 Mn > High engagement rate of 4%
Slide 46: Platforms | My mattress
Platforms| My mattress r~ Sleepwell MyMattress Your Sleep, Designed by You ? A Pen MyMattress Because Every Sleeper is Different
Slide 47: New product launches | Nexa Plus & FitRest Plus
New product launches| Nexa Plus & FitRest Plus
Slide 48: Financials
Financials plus +
Slide 49: Consolidated income statement (₹ Cr) FY26
Consolidated income statement (₹ Cr) Particulars FY26 FY25 Y-O-Y Revenue from Operations 3,821 3,439 11% Operating Expenses 3,407 3,156 Core EBITDA* 414 283 46% Core EBITDA Margin (%) 10.8% 8.2% Forex MTM Loss 21 3 Reported EBITDA 393 280 Other Income 54 96 Depreciation 179 183 -2% Finance Cost 95 1
Slide 50: Consolidated income statement (₹ Cr) Q4 FY26
Consolidated income statement (₹ Cr) Particulars Q4-FY26 Q4-FY25 Y-O-Y Q3-FY26 Q-O-Q Revenue from Operations 1,050 850 24% 1,074 -2% Operating Expenses 929 786 958 Core EBITDA* 121 64 89% 117 3% Core EBITDA Margin (%) 11.5% 7.5% 10.9% Forex MTM Loss 4 2 2 Reported EBITDA 117 62 114 Other Income 18 2
Slide 51: Standalone Income Statement (₹ Cr) FY26
Standalone Income Statement (₹ Cr) Particulars FY26 FY25 Y-O-Y Revenue from Operations 2,962 2,675 11% Operating Expenses 2,644 2,458 Core EBITDA* 318 217 46% Core EBITDA Margin (%) 10.7% 8.1% Forex MTM Loss 21 3 Reported EBITDA 298 214 Other Income 40 92 Depreciation 110 130 Finance Cost 71 97 PBT
Slide 52: Standalone income statement (₹ Cr) Q4 FY26
Standalone income statement (₹ Cr) Particulars Q4-FY26 Q4-FY25 Y-O-Y Q3-FY26 Q-O-Q Revenue from Operations 819 662 24% 842 -3% Operating Expenses 725 613 755 Core EBITDA* 94 49 91% 87 9% Core EBITDA Margin (%) 11.5% 7.4% 10.3% Forex MTM Loss 4 2 2 Reported EBITDA 90 47 84 Other Income 16 24 8 Deprec
Slide 53: Gross Margins (%)
Gross Margins (%) Consolidated Standalone 44.6% 44.7% 43.1% 44.5% 43.9% 43.4% 43.4% 44.4% 40.5% 41.7% Q4-FY25 Q1-FY26 Q2-FY26 Q3-FY26 Q4-FY26 Q4-FY25 Q1-FY26 Q2-FY26 Q3-FY26 Q4-FY26 Australia - Joyce Spain – Interplasp 59.5% 33.6% 32.3% 32.4% 54.6% 29.5% 30.1% 53.5% 53.6% 53.6% Q4-FY25 Q1-FY26 Q2-FY
Slide 54: Thank you
Thank you For further information, please visit www.Sheelafoam.com or contact: Mr. Nikunj Jain - nikunj.jain@sheelafoam.com (Investor Relations) Mr. Iquebal Ahmad - iquebal.ahmad@sheelafoam.com (Company Secretary) Mr. Ajay Pandey - ajay.pandey@sheelafoam.com (Media Contact) IR representative Mr. Anu