Interim report
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To , The BSE Limited Phiroze Jeejeebhoy Towers Dalal Street , Mumbai - 400001 Scrip code : 540203 Sleepwell August 04 , 2026 The National Stock Exchange India Limited Exchange Plaza , Bandra Kurla Complex Bandra ( E ) , Mumbai - 400051 NSE Symbol : SFL Subject : Outcome of the Board Meeting and Un - Audited Standalone and Consolidated Financial Results for the quarter ended June 30 , 2026 Dear Sir / Madam , In terms of Regulation 30 , 33 , 52 and other applicable provision of SEBI ( Listing obligations and Disclosure Requirements ) Regulations , 2015 , read with related circulars and notifications , please find enclosed herewith , Un - Audited Standalone and Consolidated Financial Results along with line item as per Regulation 52 ( 4 ) of SEBI ( Listing obligations and Disclosure Requirements ) Regulations , 2015 for the quarter ended June 30 , 2026 as approved by the Board of Directors in its meeting held on August 04 , 2026 . Further , pursuant to the provisions of Regulation 54 of SEBI Listing Regulations , 2015 a NIL certificate of Security Cover in respect of Unsecured , Redeemable , Listed , Taxable Non - Convertible Debentures is also enclosed . The Board Meeting commenced at 11:15 AM and concluded at 03:45 PM . Thanking You , Yours truly , For Sheela Foam Limited ( Md . Iquebal Ahmad ) Company Secretary & Compliance Officer SHEELA FOAM LTD . # 14 , Sleepwell Tower , Sector 135 , Noida - 201301 Ph : Int - 91-120-4868400 • Email : investorrelation@sheelafoam.com • contactus@sheelafoam.com Regd . Office : 1002 to 1006 The Avenue , International Airport Road , Opp Hotel Leela Sahar , Andheri East , Mumbai , Maharashtra , India , 400059 • Ph : Int - 91-22-28265686 / 88 / 89 Toll Free : 1800 103 6664 • www.sleepwellproducts.com • www.sheelafoam.com CIN- L74899MH1971PLC427835
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Magnum Global Park Unit No-2101-2115A & B, Floor 21 Sector-58, Arch View Drive Gurugram 122011, INDIA Registered Office: 602, Raheja Titanium, Western Express Highway, Goregaon (East), Mumbai -400063, Maharashtra, India Tel: +91 22 6974 0200 | LLPIN: ACT-3789 Ahmedabad | Bengaluru | Chandigarh | Chennai | Coimbatore | Goa | Hyderabad | Kochi | Kolkata | Mumbai | Pune www.mska.in Independent Auditor’s Review Report on Standalone unaudited financial results of Sheela Foam Limited for the quarter ended June 2026 pursuant to the Regulation 33 and Regulation 52 read with Regulation 63(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. To The Board of Directors of Sheela Foam Limited 1. We have reviewed the accompanying Statement of standalone unaudited financial results of Sheela Foam Limited (hereinafter referred to as ‘the Company’) for the quarter ended June 30, 2026 (‘the Statement’) attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 and Regulation 52 read with Regulation 63(2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended (‘the Regulation s’). 2. This Statement, which is the responsibility of Company’s Management and has been approved by the Company’s Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 ‘Interim Financial Reporting’, prescribed under Section 133 of the Companies Act, 2013 (‘the Act’), read with relevant rules issued thereunder (‘Ind AS 34’), and other recognised accounting principles generally accepted in India , and is in compliance with the Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagement (SRE) 2410, “Review of Interim Financial Information Performed by the Independent Auditor of the Entity” issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under section 143(10) of the Act and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion . 4. Based on our review conducted as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement prepared in accordance with the recognition and measurement principles laid down in Ind AS 34 and other recognised accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the Regulations including the manner in which it is to be disclosed, or that it contains any material misstatement. For M S K A & Associates LLP (Formerly known as M S K A & Associates) Chartered Accountants ICAI Firm Registration No.105047W/W101187 Nipun Gupta Partner Membership No.: 502896 UDIN: 26502896AVQMJB7358 Place: Gurugram Date: August 04, 2026 Nipun Gupta Digitally signed by Nipun Gupta Date: 2026.08.04 15:44:30 +05'30'
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(₹ in Crores, Except per share data) Year Ended June 30, 2026 March 31, 2026 June 30, 2025 March 31, 2026 (Unaudited) (Audited) (refer note 7) (Unaudited) (Audited) I Income a) Revenue from operations 760.92 819.20 634.63 2,962.27 b) Other Income 13.63 16.11 8.35 40.32 Total Income [(a) + (b)] 774.55 835.31 642.98 3,002.59 II Expenses a) Cost of materials consumed 461.88 427.33 333.32 1,598.62 b) Purchase of stock-in-trade 21.13 31.11 27.01 100.31 c) Changes in inventories of finished goods, stock-in-trade and work-in-progress (7.87) 5.28 (7.71) (7.73) d) Other manufacturing expenses 26.97 28.42 28.67 113.04 e) Employee benefits expenses 75.42 101.18 74.51 322.58 f) Finance costs 12.28 15.13 22.80 70.98 g) Depreciation and amortisation expenses 17.24 16.76 29.91 110.20 h) Other expenses 115.01 135.51 118.58 537.85 Total Expenses [(a) to (h)] 722.06 760.72 627.09 2,845.85 III Profit before tax and Exceptional Items (I-II) 52.49 74.59 15.89 156.74 IV Exceptional items (6.26) (15.77) - (7.93) V Profit before tax (III-IV) 58.75 90.36 15.89 164.67 VI Tax expenses Current tax - - - - Earlier tax adjustment 0.02 (9.69) - (9.44) Deferred tax 14.79 24.53 5.19 43.54 Total Tax Expenses 14.81 14.84 5.19 34.10 VII Profit for the period/year (V-VI) 43.94 75.52 10.70 130.57 VIII Other Comprehensive Income/(Loss) (a) Items that will not be reclassified to profit or loss Remeasurements gain/(loss) of net defined benefit plans (2.19) (1.58) (1.08) (1.29) Income tax effect on above - - - - (b) Items that will be reclassified to profit or loss Fair value gain/(loss) on investments and other financial instruments (0.76) (1.11) (0.17) (0.80) Income tax effect on above - - - - Total Other Comprehensive Income/(Loss) for the period/year (a+b) (2.95) (2.69) (1.25) (2.09) IX Total Comprehensive Income for the period/year (VII+VIII) 40.99 72.83 9.45 128.48 X Paid up Equity Share Capital (Face value of ₹ 5/- each) 54.60 54.60 54.60 54.60 XI Other Equity 2,857.58 XII Earning per share (not annualised) Basic 4.02 6.92 0.98 11.96 Diluted 4.02 6.90 0.98 11.93 Notes: 1 2 UNAUDITED STATEMENT OF STANDALONE FINANCIAL RESULTS FOR QUARTER ENDED JUNE 30, 2026 CIN- L74899MH1971PLC427835 Tel: Int-91(0)-22-28265686/88/89, Email - investorrelation@sheelafoam.com Corporate Office: Sleepwell Tower, Plot No.-14, Sector 135, Noida, Gautam Budh Nagar (U.P) - 201301 These standalone financial results have been reviewed by the Audit Committee and subsequently approved by the Board of Directors, in their respective meetings held on August 04, 2026. The above unaudited standalone results of Sheela Foam Limited are available on our website www.sheelafoam.com and on the stock exchange websites www.nseindia.com and www.bseindia.com. Sr. No. Particulars Quarter Ended These standalone financial results have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standards - 34 'Interim Financial Reporting' as prescribed under Section 133 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015, as amended from time to time. Regd. office: 1002 to 1006, The Avenue, International Airport Road, Opp Hotel Leela Sahar, Andheri East, Mumbai, Maharashtra - 400059 SHEELA FOAM LIMITED
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3 Year Ended June 30, 2026 March 31, 2026 June 30, 2025 March 31, 2026 (Unaudited) (Audited) (Unaudited) (Audited) a) ** Net Worth (₹ in Crores) 2,954.72 2,912.18 2,787.78 2,912.18 b) Outstanding Unsecured Non-convertible Debentures (₹ in Crores) 181.25 362.50 543.75 362.50 c) Debt service coverage ratio (Number of times, Not annualised) 0.20 0.24 0.11 0.68 d) Interest service coverage ratio (Number of times) 5.27 5.93 1.70 3.21 e) Debt equity ratio (Number of times) 0.15 0.16 0.31 0.16 f) Current Ratio (Number of times) 0.79 0.73 0.82 0.73 g) Long term debt to working capital ratio (Number of times) (1.34) (1.57) (3.23) (1.57) h) Bad debts to Account receivable ratio (%) 0.0% 0.0% 0.0% 0.0% i) Current liability ratio (Number of times) 0.88 0.89 0.77 0.89 j) Total debts to total assets (Number of times) 0.11 0.11 0.20 0.11 k) Debtors Turnover Ratio (Number of times, Not annualised) 2.72 3.24 3.11 11.80 l) Inventory Turnover Ratio (Number of times, Not annualised) 1.78 1.86 1.59 6.86 m) Basic EPS (In ₹ Not annualised) 4.02 6.92 0.98 11.96 n) Diluted EPS (In ₹ Not annualised) 4.02 6.90 0.98 11.93 o) Operating margin (%) 34.0% 39.9% 39.9% 39.1% p) Net profit margin (%) 5.8% 9.2% 1.7% 4.4% Formulas for computation of ratios are as follows:- Profit before tax + Finance costs + Depreciation Finance cost + Borrowings (Current) + Lease Liabilities (Current) Earnings before interest, tax and exceptional items Finance cost Total Borrowings + Total Lease Liabilities Equity Share Capital + Other Equity Current Assets Current Liabilities Non-Current Borrowings + Non-Current Lease Liabilities + Current Maturities of Long term borrowings and Lease liabilities Current Assets - Current Liabilities Bad Debts Average Trade Receivables Total Current liabilities Total liabilities Total Borrowings + Total Lease Liabilities Total Assets Revenue from operations Average Trade receivables *Cost of Goods sold Average Inventories Revenue from operations - *Cost of Goods sold Revenue from operations Profit After Tax (after exceptional item) Revenue from operations Notes:- * Cost of goods sold includes Cost of materials consumed, Purchases of Stock-in-trade, Changes in Inventories of Finished Goods, Stock-in-trade and Work-in-progress and Other manufacturing expenses. ** Net worth has been computed on the basis as stated in Clause(2) of Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations 2015 i.e. Net worth as defined in subsection (57) of section 2 of the Companies Act, 2013. Additional disclosures as per Regulation 52(4) of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 : Net profit margin Inventory Turnover Ratio Operating margin Long term debt to working capital ratio Bad debts to Account receivable ratio Current liability ratio Total debts to total assets Particulars Debtors Turnover Ratio Debt service coverage ratio Interest service coverage ratio Debt equity ratio Current Ratio Quarter Ended
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4 5 6 7 8 9 For Sheela Foam Limited (Rahul Gautam) Place: Noida Managing Director Date: August 04, 2026 DIN : 00192999 The Company is engaged in the manufacturing of the products of same type/class and has no overseas operations/units and as such there are no reportable segments as per Indian Accounting Standard for Operating Segments (Ind AS 108), prescribed, under Section 133 of the Companies Act, 2013, read with relevant rules issued thereunder. Exceptional items: a) Results for the year ended March 31, 2026 includes net gain of ₹ 7.93 Crores on account of sale of certain land and buildings situated at: - Roorkee, Uttarakhand - Dabaspet, Bangalore - Jhagadia, Gujarat b) Results for the quarter ended June 30, 2026 includes gain of ₹ 6.26 Crores on account of sale of certain land and building situated at Haridwar, Uttarakhand which was already classified under “Assets held for sale". During the quarter ended June 30, 2026, the Company has issued 4,390 equity shares of face value of ₹ 5 each on exercise of employee stock options under the 'SF ESOP - 2022' scheme. The figures for the quarter ended March 31, 2026 is the balancing figure between audited figures in respect of the full financial year ended March 31, 2026 and the published year to date figures upto December 31, 2025 which were subject to limited review. Figures for previous periods/ year have been regrouped/ reclassified wherever necessary to correspond with the current quarter's classification. For financial year ended March 31, 2026, the Board recommended a final dividend of ₹ 1 per share (20% on an equity share of ₹ 5 each). The same was approved by the shareholders in the Annual General Meeting (AGM) of the Company held on July 16, 2026 and paid on July 30, 2026. RAHUL GAUTAM Digitally signed by RAHUL GAUTAM DN: c=IN, st=Delhi, 2.5.4.20=ee2ca42b9f405268d3aa6fa3be74 8bf0d105af1b10ad419f4288255315fdb760, postalCode=110074, street=Near Raj Vidya Kender Fateh Pur Beri Fatehpur Beri, pseudonym=afef8d5dc9b544da96bfc297c 85019a4, title=8111, serialNumber=28500fcdca019045ffe50583 c0b68223d81dfd566290fc9a5a825e32c570 73b2, o=Personal, cn=RAHUL GAUTAM Date: 2026.08.04 15:32:07 +05'30'
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Registered Office: 602, Raheja Titanium, Western Express Highway, Goregaon (East), Mumbai -400063, Maharashtra, India Tel: +91 22 6974 0200 | LLPIN: ACT-3789 Ahmedabad | Bengaluru | Chandigarh | Chennai | Coimbatore | Goa | Hyderabad | Kochi | Kolkata | Mumbai | Pune www.mska.in Magnum Global Park Unit No-2101-2115A & B, Floor 21 Sector-58, Arch View Drive Gurugram 122011, INDIA Independent Auditor’s Review Report on Consolidated unaudited financial results of Sheela Foam Limited for the quarter ended June 30, 2026 pursuant to the Regulation 33 and Regulation 52 read with Regulation 63(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. To The Board of Directors Sheela Foam Limited 1. We have reviewed the accompanying Statement of consolidated unaudited financial results of Sheela Foam Limited (hereinafter referred to as ‘the Holding Company’) which includes its subsidiaries, (the Holding Company and its subsidiaries together referred to as the ‘Group’) and its share of the net profit after tax and total comprehensive income of its jointly controlled entity for the quarter ended June 30, 2026 (‘the Statement’), attached herewith, being submitted by the Holding Company pursuant to the requirements of Regulation 33 and Regulation 52 read with Regulation 63(2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (‘the Regulations’). 2. This Statement, which is the responsibility of the Holding Company’s Management and has been approved by the Holding Company’s Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 ‘Interim Financial Reporting’, prescribed under Section 133 of the Companies Act, 2013 (‘the Act’), read with relevant rules issued thereunder (‘Ind AS 34’) and other recognised accounting principles generally accepted in India and is in compliance with the Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, ‘Review of Interim Financial Information Performed by the Independent Auditor of the Entity’ issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under section 143(10) of the Act and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. We also performed procedures in accordance with the circular issued by the Securities and Exchange Board of India under Regulation 33 (8) of the Regulations, to the extent applicable. 4. This Statement includes the results of the Holding Company and the following entities: Sr. No Name of the Entity Relationship with the Holding Company 1 Staqo Software Private Limited (SSPL) Wholly Owned Subsidiary 2 Sleepwell Enterprises Private Limited Wholly Owned Subsidiary 3 Staqo Incorporated Wholly Owned Subsidiary of SSPL
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Registered Office: 602, Raheja Titanium, Western Express Highway, Goregaon (East), Mumbai -400063, Maharashtra, India Tel: +91 22 6974 0200 | LLPIN: ACT-3789 Ahmedabad | Bengaluru | Chandigarh | Chennai | Coimbatore | Goa | Gurugram | Hyderabad | Kochi | Kolkata | Mumbai | Pune www.mska.in Sr. No Name of the Entity Relationship with the Holding Company 4 Staqo Technologies LLC Subsidiary of SSPL 5 Joyce Foam Pty Limited (JFPL Australia) Wholly Owned Subsidiary 6 Joyce WC NSW Pty Limited Wholly Owned Subsidiary of JFPL Australia 7 International Foam Technologies Spain, S.L.U (IFTS Spain) Wholly Owned Subsidiary 8 Interplasp S.L Subsidiary of IFTS Spain 9 Sheela Foam Trading L.L.C Wholly Owned Subsidiary 10 House of Kieraya Limited Jointly Controlled Entity 11 Furlenco Global Pte. Ltd. (upto 01.04.2026) Subsidiary of Jointly Controlled Entity 5. Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review reports of the other auditors referred to in paragraph 6 and 7 below, nothing has come to our attention that causes us to believe that the accompanying Statement , prepared in accordance with the recognition and measurement principles laid down in Ind AS 34 and other recognised accounting principles generally accepted in India , has not disclosed the information required to be disclosed in terms of the Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. 6. We did not review the financial results of 9 subsidiaries included in the Statement, whose financial results reflects total revenues of Rs. 284.14 crores, total net profit after tax of Rs. 15.22 crores and total comprehensive income of Rs. 15.09 crores for the quarter ended June 30, 2026 , as considered in the Statement. These financial results have been reviewed by other auditors whose reports have been furnished to us by the Management and our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of these subsidiaries is based solely on the report of the other auditors and the procedures performed by us as stated in paragraph 3 above. Our conclusion is not modified in respect of the above matter with respect to our reliance on the work done by and report of the other auditors. 7. Certain subsidiaries are located outside India whose financial results have been prepared in accordance with the accounting principles generally accepted in their respective countries and which have been reviewed by other auditors under generally accepted auditing standards ap plicable in their respective countries. The Holding Company’s Management has converted the financial results of such subsidiaries located outside India from accounting principles generally accepted in their respective countries to accounting principles generally accepted in India.
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Registered Office: 602, Raheja Titanium, Western Express Highway, Goregaon (East), Mumbai -400063, Maharashtra, India Tel: +91 22 6974 0200 | LLPIN: ACT-3789 Ahmedabad | Bengaluru | Chandigarh | Chennai | Coimbatore | Goa | Gurugram | Hyderabad | Kochi | Kolkata | Mumbai | Pune www.mska.in We have reviewed these conversion adjustments made by the Holding Company’s Management. Our conclusion on the Statement, in so far as it relates to the financial results of such subsidiaries located outside India is based on the report of other auditors an d the conversion adjustments prepared by the Management of the Holding Company and reviewed by us. Our conclusion is not modified in respect of the above matter. For M S K A & Associates LLP (Formerly known as M S K A & Associates) Chartered Accountants ICAI Firm Registration No.105047W/W101187 Nipun Gupta Partner Membership No.: 502896 UDIN: 26502896PLIAZG7028 Place: Gurugram Date: August 04, 2026 Nipun Gupta Digitally signed by Nipun Gupta Date: 2026.08.04 15:45:09 +05'30'
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(₹ in Crores, Except per share data) Year Ended June 30, 2026 March 31, 2026 June 30, 2025 March 31, 2026 (Unaudited) (Audited) (Refer Note 8) (Unaudited) (Audited) I Income: a) Revenue from operations 1,031.94 1,050.06 821.41 3,820.84 b) Other Income 16.13 18.34 9.74 54.27 Total Income [(a) + (b)] 1,048.07 1,068.40 831.15 3,875.11 II Expenses: a) Cost of materials consumed 594.69 568.80 434.10 2,054.52 b) Purchase of stock-in-trade 24.28 34.02 27.01 106.40 c) Changes in inventories of finished goods, stock-in-trade and work-in-progress (5.65) (18.58) (6.15) (11.64) d) Other manufacturing expenses 36.93 39.89 36.70 149.65 e) Employee benefits expenses 124.71 147.78 115.21 495.13 f) Finance costs 17.82 20.88 29.17 95.15 g) Depreciation and amortisation expenses 33.88 35.60 46.12 178.58 h) Other expenses 148.08 161.53 139.31 633.41 Total Expenses [(a) to (h)] 974.74 989.92 821.47 3,701.20 III Profit before tax and Exceptional Items (I-II) 73.33 78.48 9.68 173.91 IV Exceptional items (6.26) (15.77) - (7.93) V Profit before tax (III-IV) 79.59 94.25 9.68 181.84 VI Tax expenses Current tax 3.53 (1.03) 1.38 7.24 Earlier tax adjustment 0.04 (9.69) - (9.55) Deferred tax 16.79 27.52 3.47 44.69 Total Tax Expenses 20.36 16.80 4.85 42.38 VII Profit for the period/year after tax and before share of profit/(loss) of Joint venture accounted for using equity method (V-VI) 59.23 77.45 4.83 139.46 VIII Share in profit of Joint venture accounted for using equity method 3.11 14.32 1.72 21.39 IX Profit for the period/year (VII + VIII) 62.34 91.77 6.55 160.85 X Other Comprehensive Income/(Loss) (a) Items that will not be reclassified to profit or loss Re-measurements gain/(loss) of the net defined benefit plans (2.36) (1.30) (1.05) (0.93) Income tax effect on above 0.04 (0.07) - (0.09) Share of Other Comprehensive Income of Joint venture accounted for using equity method - (0.17) - (0.17) (b) Items that will be reclassified to profit or loss Fair value gain/(loss) on investments and other financial instruments (0.76) (1.11) (0.17) (0.80) Income tax effect on above - - - - Share of Other Comprehensive Income of Joint venture accounted for using equity method - - - - (c) Exchange difference on translation of foreign operations (2.56) 20.54 24.55 69.91 Total Other Comprehensive Income/(Loss) for the period/year (a+b+c) (5.64) 17.89 23.33 67.92 XI Total Comprehensive Income/(Loss) for the period/year (IX + X) 56.70 109.66 29.88 228.77 XII Profit for the period/year attributable to: Shareholders of the parent company 61.44 91.28 6.54 159.61 Non-controlling Interest 0.90 0.49 0.01 1.24 XIII Other Comprehensive Income/(loss) for the period/year attributable to: Shareholders of the parent company (5.64) 17.89 23.33 67.92 Non-controlling Interest - - - - XIV Total Comprehensive Income/(Loss) for the period/year attributable to: Shareholders of the parent company 55.80 109.17 29.87 227.53 Non-controlling Interest 0.90 0.49 0.01 1.24 XV Paid up Equity Share Capital (Face value of ₹ 5/- each) 54.60 54.60 54.60 54.60 XVI Other Equity 3,197.36 XVII Earning per share (not annualised) Basic 5.63 8.36 0.60 14.62 Diluted 5.62 8.34 0.60 14.59 Notes: 1 2 UNAUDITED STATEMENT OF CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2026 SHEELA FOAM LIMITED Regd. office: 1002 to 1006, The Avenue, International Airport Road, Opp Hotel Leela Sahar, Andheri East, Mumbai, Maharashtra - 400059 Corporate Office: Sleepwell Tower, Plot No.-14, Sector 135, Noida, Gautam Budh Nagar (U.P) -201301 Tel: Int-91(0)-22-28265686/88/89, Email - investorrelation@sheelafoam.com CIN- L74899MH1971PLC427835 Sr. No. Particulars Quarter Ended The above unaudited consolidated results of Sheela Foam Limited are available on our website www.sheelafoam.com and on the stock exchange websites www.nseindia.com and www.bseindia.com. These consolidated financial results have been reviewed by the Audit Committee and subsequently approved by the Board of Directors, in their respective meetings held on August 04, 2026. These consolidated financial results of Sheela Foam Limited ("the Holding Company") and its subsidiaries ("the Group") together with jointly controlled entity for the quarter ended June 30, 2026 have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standards - 34 'Interim Financial Reporting' as prescribed under Section 133 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015, as amended from time to time.
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3 Year Ended June 30, 2026 March 31, 2026 June 30, 2025 March 31, 2026 (Unaudited) (Audited) (Unaudited) (Audited) a) ** Net Worth (₹ in Crores) 3,318.38 3,260.25 3,057.57 3,260.25 b) Outstanding Unsecured Non-convertible Debentures (₹ in Crores) 181.25 362.50 543.75 362.50 c) Debt service coverage ratio (Number of times, Not annualised) 0.18 0.20 0.09 0.59 d) Interest service coverage ratio (Number of times) 5.12 4.76 1.33 2.83 e) Debt equity ratio (Number of times) 0.27 0.28 0.46 0.28 f) Current Ratio (Number of times) 0.81 0.76 0.82 0.76 g) Long term debt to working capital ratio (Number of times) (2.03) (2.06) (3.78) (2.06) h) Bad debts to Account receivable ratio (%) 0.0% 0.0% 0.0% 0.2% i) Current liability ratio (Number of times) 0.81 0.81 0.70 0.81 j) Total debts to total assets (Number of times) 0.18 0.18 0.27 0.18 k) Debtors Turnover Ratio (Number of times, Not annualised) 2.29 2.57 2.45 9.71 l) Inventory Turnover Ratio (Number of times, Not annualised) 1.61 1.70 1.44 6.19 m) Basic EPS (In ₹ Not annualised) 5.63 8.36 0.60 14.62 n) Diluted EPS (In ₹ Not annualised) 5.62 8.34 0.60 14.59 o) Operating margin (%) 37.0% 40.6% 40.1% 39.8% p) Net profit margin (%) 6.0% 8.7% 0.8% 4.2% Formulas for computation of ratios are as follows:- Additional disclosures as per Regulation 52(4) of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 : Particulars Quarter Ended Debt service coverage ratio Profit before tax + Finance costs + Depreciation Finance cost + Borrowings (Current) + Lease Liabilities (Current) Interest service coverage ratio Earnings before interest, tax and exceptional items Finance cost Debt equity ratio Total Borrowings + Total Lease Liabilities Equity Share Capital + Other Equity Current Ratio Current Assets Current Liabilities Long term debt to working capital ratio Non-Current Borrowings + Non-Current Lease Liabilities + Current Maturities of Long term borrowings and Lease liabilities Current Assets - Current Liabilities Bad debts to Account receivable ratio Bad Debts Average Trade Receivables Current liability ratio Total Current liabilities Total liabilities Total debts to total assets Total Borrowings + Total Lease Liabilities Total Assets Debtors Turnover Ratio Revenue from operations Average Trade receivables Inventory Turnover Ratio *Cost of Goods sold Average Inventories Operating margin Revenue from operations - *Cost of Goods sold Revenue from operations Net profit margin Profit After Tax (after exceptional item) Revenue from operations Notes:- * Cost of goods sold includes Cost of materials consumed, Purchases of Stock-in-trade and Changes in Inventories of Finished Goods, Stock-in-trade and Work-in- progress and Other manufacturing expenses. ** Net worth has been computed on the basis as stated in Clause(2) of Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations 2015 i.e. Net worth as defined in subsection (57) of section 2 of the Companies Act, 2013.
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4 (₹ in Crores) Year Ended June 30, 2026 March 31, 2026 June 30, 2025 March 31, 2026 (Unaudited) (Audited) (Unaudited) (Audited) Revenue from operations : Within India 769.21 825.08 636.56 2,974.70 Outside India 262.73 224.98 184.85 846.14 Non Current Assets : Within India 2,950.96 Outside India 855.95 5 6 7 8 9 10 For Sheela Foam Limited (Rahul Gautam) Place: Noida Managing Director Date: August 04, 2026 DIN : 00192999 The Group is mainly engaged in manufacturing of the products of same type/class, and therefore there is no reportable Business Segments. The Group has geographical segments as given below: Geographical Segment: The analysis of the geographical segment based on sales made within India and outside India by the Group is as under: Particulars Quarter Ended Segment Reporting as per Indian Accounting Standard for Operating Segments (Ind AS 108), prescribed, under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder: Exceptional items: a) Results for the year ended March 31, 2026 includes net gain of ₹ 7.93 Crores on account of sale of certain land and buildings situated at: - Roorkee, Uttarakhand - Dabaspet, Bangalore - Jhagadia, Gujarat b) Results for the quarter ended June 30, 2026 includes gain of ₹ 6.26 Crores on account of sale of certain land and building situated at Haridwar, Uttarakhand which was already classified under “Assets held for sale". During the quarter ended June 30, 2026, the holding company has issued 4,390 equity shares of face value of ₹ 5 each on exercise of employee stock options under the 'SF ESOP - 2022' scheme. The figures for the quarter ended March 31, 2026 is the balancing figure between audited figures in respect of the full financial year ended March 31, 2026 and the published year to date figures upto December 31, 2025 which were subject to limited review. For financial year March 31, 2026, the Board recommended a final dividend of ₹ 1 per share (20% on an equity share of ₹ 5 each). The same was approved by the shareholders in the Annual General Meeting (AGM) of the Holding Company held on July 16, 2026 and paid on July 30, 2026. Figures for previous periods/ year have been regrouped/ reclassified wherever necessary to correspond with the current quarter's classification. The Holding Company has acquired 17.70% equity stake w.e.f. August 29, 2023 in 'House of Kieraya Limited (Furlenco)' which has been increased to 43.89% during the year ended March 31, 2025. Subsequently, during the year ended March 31, 2026, the holding company’s equity stake got reduced to 34.53% on issuance of fresh issue of 83,72,392 equity shares by House of Kieraya Limited out of which the holding company subscribed 20,09,377 equity shares. RAHUL GAUTAM Digitally signed by RAHUL GAUTAM DN: c=IN, st=Delhi, 2.5.4.20=ee2ca42b9f405268d3aa6fa3be748bf0d105a f1b10ad419f4288255315fdb760, postalCode=110074, street=Near Raj Vidya Kender Fateh Pur Beri Fatehpur Beri, pseudonym=afef8d5dc9b544da96bfc297c85019a4, title=8111, serialNumber=28500fcdca019045ffe50583c0b68223 d81dfd566290fc9a5a825e32c57073b2, o=Personal, cn=RAHUL GAUTAM Date: 2026.08.04 15:32:54 +05'30'
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Format of Security Cover - NIL Column A Column B Column C Column D Column E Column F Column G Column H Column I Column J Column K Column L Column M Column N Column O Particulars Description of asset for which the certificate relate Exclusive Charge Exclusive Charge Pari Passu Charge Pari Passu Charge Pari Passu Charge Asset not offered as Security Elimination on (amount in negative) (Total C to H) Related to only those items covered by this certificate Debt for which this certificate is being issued Other Secured Debt Debt for which this certificate is being issued Asset Shared by pari passu debt holder (includes debt for which this certificate is issued & other debt with pari passu charge) Other assets on which there is pari passu charge (excluding items covered in column F) debt amount considered more than once (due to exclusive plus pari passu charge) Market Value for Assets charged on Exclusive basis Carrying /book value for exclusive charge assets where market value is not ascertainable or applicable (For Eg. Bank Balance, DSRA market value is not applicable) Market Value for Pari passu charge Assets (viii) Carrying value/book value for pari passu charge assets where market value is not ascertainable or applicable (For Eg. Bank Balance, DSRA market value is not applicable) Total Value(=K+L+M+ N) Relating to Column F Book Value Book Value Yes/No Book Value Book Value ASSETS Property, Plant and Equipment NIL Capital Work-in- Progress NIL Right of Use Assets NIL Goodwill NIL Intangible Assets NIL Intangible Assets under Developme nt NIL Investments NIL Loans NIL Inventories NIL Trade Receivables NIL Cash and Cash Equivalents NIL Bank Balances other than Cash and Cash Equivalents NIL Others NIL Total NIL LIABILITIES Debt securities to which this certificate pertains NIL Other debt sharing pari-passu charge with above debt NIL Not to be filled NIL Other Debt NIL Subordinated debt NIL Borrowings NIL Bank NIL Debt Securities NIL Others NIL Trade payables NIL Lease Liabilities NIL Provisions NIL Others NIL Total NIL Cover on Book Value NIL Cover on Market Value (ix) NIL Exclusive Security Cover Ratio Pari Passu Security Cover Ratio NIL