Sheela Foam Q2 results for FY27 show consolidated revenue of Rs 1,045 crore, up 19% from Rs 875 crore a year earlier, while profit after tax rose to Rs 46 crore from Rs 10 crore. The company announced the results on 2 November 2026 and said Furlenco became a subsidiary from 1 October.
What Were Sheela Foam’s Q2 FY27 Financial Results?
For the quarter, operating EBITDA was Rs 87 crore, flat year on year, and cash EPS was Rs 8.3. For the first half of FY27, revenue was Rs 2,077 crore, up 22% from Rs 1,696 crore, PAT was Rs 109 crore against Rs 17 crore, and operating EBITDA was Rs 200 crore, up 23% from Rs 162 crore. Cash EPS for the half-year was Rs 18.7.
How Did Mattresses and Foam Perform?
Mattress value rose 8% in Q2 and 11% in H1, though Q2 volume fell 3%, which the company attributed to the festive season shifting. Foam value rose 26% in both Q2 and H1, while Q2 foam volume fell 5% as higher raw material costs were passed through in pricing. Brand.com e-commerce sales rose 59% year on year in H1 and U20 sales rose 41%. Q2 growth was led by Spain and Australia.
What Cost Pressures Is the Furniture and Bedding Sector Facing?
Management cited higher polyol and TDI prices and increased brand investment for the Great Sleepwell Festival as cost pressures. Chairman and Managing Director Rahul Gautam said the environment “has been highly disruptive, with raw material prices rising sharply” since the West Asia crisis began in February 2026. He described Sheela Foam as “now poised as a larger, far more diversified group.”
Market Reaction and Industry Response
No share-price reaction or analyst comment was found in the source report. The company’s own commentary focused on pricing pass-through and the festive-season timing shift.
What Happens Next?
With Furlenco a subsidiary from 1 October, its contribution would fall in the second half of FY27. The company has not detailed Furlenco’s expected impact in the report reviewed, so investors will watch H2 filings for the effect on revenue and margins.
Frequently Asked Questions
What was Sheela Foam’s revenue in Q2 FY27?
Consolidated revenue was Rs 1,045 crore, up 19% year on year from Rs 875 crore.
What was Sheela Foam’s profit after tax in Q2 FY27?
PAT was Rs 46 crore, up from Rs 10 crore in the same quarter a year earlier.
When did Furlenco become a Sheela Foam subsidiary?
Furlenco became a subsidiary from 1 October 2026.
Source: EquityBulls, 2 November 2026.
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