Is Sheela Foam a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Sheela Foam Ltd is a good quality company .

Is Sheela Foam undervalued or overvalued?

The key valuation ratios of Sheela Foam Ltd's currently when compared to its past seem to suggest it is in the Fair zone .

What is Sheela Foam share price return in the past 10 years?

Data is not available for this company

Is Sheela Foam a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Sheela Foam Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

Sheela Foam Ltd - Stock Valuation and Financial Performance

Name: Sheela Foam
Brand: Sheela Foam

BSE: 540203 | NSE: SFL | Household & Personal Products | Small Cap

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Sheela Foam Share Price

₹779.55 -12.30 -1.55%
as on 21-Nov'24 16:59

10 Year X-Ray of Sheela Foam:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	19.7%	42.9%	42.1%	38.7%	30.1%	29.8%	27.4%	24.4%	17.9%	10.4%	-
Value Creation Index ⓘ	0.5	2.2	2.1	1.9	1.2	1.2	1.0	0.8	0.3	-0.2	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	1,136	1,265	1,429	1,657	1,814	1,755	1,694	2,008	2,039	1,880	2,105
Sales YoY Gr.	-	11.4%	12.9%	16%	9.5%	-3.3%	-3.5%	18.6%	1.5%	-7.8%	-
Adj EPS ⓘ	3.7	9.2	11.1	12.7	12.5	16.3	17.1	19.4	18	14.1	15.4
YoY Gr.	-	147.3%	21.5%	14.6%	-2.1%	30.6%	4.9%	13.8%	-7.4%	-21.5%	-
BVPS (₹) ⓘ	22.6	31.8	43.2	56	68.6	85.1	103.9	124	139.6	245.8	253.2
Adj Net Profit ⓘ	36.1	89.3	108	124	122	159	167	190	176	154	167
Cash Flow from Ops. ⓘ	110	171	102	114	120	130	178	196	147	246	-
Debt/CF from Ops. ⓘ	0.7	0.3	0	0	0	0	0	0	0.9	3.9	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	5.8%	0.7%	3.5%	-7.8%
Adj EPS ⓘ	16.1%	2.5%	-6.1%	-21.5%
BVPSⓘ	30.4%	29.1%	33.3%	76.1%
Share Price	-	3.4%	-21.2%	-33.4%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	17.8	33.6	29.6	25.7	20	21.2	18.1	17.1	13.7	7.6	6.2
Op. Profit Mgn % ⓘ	5.7	11.1	11.4	11.5	10.1	12.8	14	11.8	11	11.2	10.6
Net Profit Mgn % ⓘ	3.2	7.1	7.6	7.5	6.7	9.1	9.8	9.4	8.6	8.2	7.9
Debt to Equity ⓘ	0.3	0.2	0	0	0	0	0	0	0.1	0.4	0.2
Working Cap Days ⓘ	57	50	52	61	62	75	118	123	114	118	56
Cash Conv. Cycle ⓘ	20	11	9	16	23	29	27	17	17	20	-6

Recent Performance Summary

Sales growth is good in last 4 quarters at 11.50%

Return on Equity has declined versus last 3 years average to 6.20%

Sales growth has been subdued in last 3 years 3.53%

Net Profit has been subdued in last 3 years -6.12%

Latest Financials - Sheela Foam Ltd.

	Standalone	Consolidated
TTM EPS (₹)	15.4	13.9
TTM Sales (₹ Cr.)	2,105	3,347
BVPS (₹.) ⓘ	253.2	275.8
Reserves (₹ Cr.) ⓘ	2,698	2,943
P/BV ⓘ	3.13	2.87
PE ⓘ	51.56	56.93

From the Market
52 Week Low / High (₹)	775.15 / 1297.35
All Time Low / High (₹)	430.00 / 2027.00
Market Cap (₹ Cr.)	8,607
Equity (₹ Cr.)	54.4
Face Value (₹)	5
Industry PE ⓘ	62

Management X-Ray of Sheela Foam:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Sheela Foam

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Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Sheela Foam

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	1,136	1,265	1,429	1,657	1,814	1,755	1,694	2,008	2,039	1,880
Operating Expenses ⓘ	1,073	1,125	1,267	1,465	1,632	1,530	1,457	1,774	1,830	1,670
Manufacturing Costs	96	109	109	117	105	132	97	109	115	108
Material Costs	698	658	776	900	987	827	895	1,256	1,199	1,069
Employee Cost	68	81	91	101	111	141	120	132	151	166
Other Costs ⓘ	212	278	291	348	429	430	344	278	365	327
Operating Profit ⓘ	62	140	162	191	182	224	237	234	208	210
Operating Profit Margin (%)	5.5%	11.1%	11.3%	11.5%	10.0%	12.8%	14.0%	11.6%	10.2%	11.2%
Other Income ⓘ	15	21	26	25	32	44	47	70	75	97
Interest ⓘ	10	7	7	6	7	8	9	7	8	44
Depreciation ⓘ	22	23	24	28	31	33	33	32	41	58
Exceptional Items ⓘ	0	0	0	0	0	-12	0	0	0	18
Profit Before Tax ⓘ	46	132	157	183	176	215	243	265	234	222
Tax ⓘ	11	42	46	57	52	50	62	67	63	54
Profit After Tax	34	90	111	126	124	166	181	197	171	168
PAT Margin (%)	3.0%	7.1%	7.8%	7.6%	6.8%	9.4%	10.7%	9.8%	8.4%	9.0%
Adjusted EPS (₹)	3.5	9.2	11.4	12.9	12.7	17.0	18.6	20.2	17.5	15.5
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	220	311	421	546	669	830	1,013	1,210	1,362	2,672
Share Capital ⓘ	16	16	24	24	24	24	24	24	49	54
Reserves ⓘ	204	294	397	522	645	806	989	1,185	1,313	2,618
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	53	45	4	0	0	0	0	0	132	927
Long Term Debt	18	4	4	0	0	0	0	0	99	787
Short Term Debt	35	41	0	0	0	0	0	0	33	139
Trade Payables	94	89	134	113	117	114	233	194	188	161
Others Liabilities ⓘ	173	201	216	229	237	225	416	452	358	603
Total Liabilities ⓘ	540	645	775	888	1,023	1,170	1,663	1,855	2,040	4,363
Fixed Assets
Gross Block	312	335	255	303	346	387	416	424	518	756
Accumulated Depreciation	121	134	23	50	80	112	143	171	211	255
Net Fixed Assetsⓘ	190	201	232	252	265	275	274	253	307	501
CWIP ⓘ	8	2	3	4	1	17	1	1	103	80
Investmentsⓘ	30	53	73	195	416	443	623	839	960	3,068
Inventories	91	74	110	130	153	165	228	203	207	150
Trade Receivables	78	74	99	102	103	126	163	136	138	189
Cash Equivalents	108	205	196	145	12	29	36	15	13	13
Others Assetsⓘ	34	36	62	61	73	114	338	408	312	362
Total Assets ⓘ	540	645	775	888	1,023	1,170	1,663	1,855	2,040	4,363

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	110	171	102	114	120	130	178	196	147	246
PBT ⓘ	46	132	157	183	176	215	243	265	234	205
Adjustment ⓘ	27	20	18	21	18	26	5	-10	18	35
Changes in Working Capital ⓘ	46	49	-6	-41	-18	-60	-18	11	-37	79
Tax Paid ⓘ	-8	-31	-68	-49	-56	-52	-52	-70	-69	-73
Cash Flow From Investing Activity ⓘ	-41	-41	4	-71	-240	-103	-163	-210	-187	-2,160
Capex	-40	-26	-57	-49	-44	-53	-16	-13	-109	-162
Net Investments	-7	-22	77	-12	-204	110	-158	-198	-127	-39
Others ⓘ	6	8	-16	-10	9	-159	11	0	49	-1,959
Cash Flow From Financing Activityⓘ	-31	-32	-50	-9	-8	-9	-9	-6	38	1,915
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	1,142
Net Proceeds from Borrowing ⓘ	-21	-31	-2	-3	-1	0	0	0	51	-33
Interest Paid ⓘ	-11	-7	-7	-6	-7	-8	-8	-4	-10	-14
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Others ⓘ	1	6	-41	0	0	-1	0	-2	-3	820
Net Cash Flow ⓘ	39	97	56	34	-129	18	6	-21	-2	0

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	16.96	33.96	30.39	26.03	20.35	22.08	19.65	17.75	13.31	8.34
ROCE (%)	19.7	42.85	42.11	38.71	30.07	29.78	27.35	24.44	17.92	10.39
Asset Turnover Ratio	2.52	2.38	2.24	2.04	1.9	1.6	1.23	1.24	1.15	0.65
PAT to CFO Conversion(x)	3.24	1.9	0.92	0.9	0.97	0.78	0.98	0.99	0.86	1.46
Working Capital Days
Receivable Days	23	20	20	22	21	24	30	25	22	29
Inventory Days	25	21	21	26	28	33	41	36	33	31
Payable Days	43	51	53	50	42	51	71	62	58	60

Sheela Foam Ltd Stock News

Sheela Foam Ltd FAQs

What is the share price of Sheela Foam?

Company share prices are keep on changing according to the market conditions. The closing price of Sheela Foam on 21-Nov-2024 16:59 is ₹779.5.

What is the market cap of Sheela Foam?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 21-Nov-2024 16:59 the market cap of Sheela Foam stood at ₹8,607.2.

What is the P/E ratio of Sheela Foam?

The latest P/E ratio of Sheela Foam as of 21-Nov-2024 16:59 is 51.56.

What is the P/B ratio of Sheela Foam?

The latest P/B ratio of Sheela Foam as of 21-Nov-2024 16:59 is 3.13.

What is the 52-week high and low of Sheela Foam?

The 52-week high of Sheela Foam is ₹1,297.4 and the 52-week low is ₹775.1.

What is the TTM revenue of Sheela Foam?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Sheela Foam is ₹2,105 ( Cr.) .

About Sheela Foam Ltd

Sheela Foam is a leading player in India’s mattress and foam products industry. Founded in 1971, the Company enjoys strong brand awareness and a nationwide presence in manufacturing of mattresses, home comfort products and technical grades of PU foam. The Company also enjoys a significant presence overseas, with its products being exported to over 20 countries worldwide.

The products of the Company and its various brands earn the credit of being highly durable and of unmatched quality. These products are the outcome of the ingenious R&D efforts of the Company. A highly skilled team of engineers and scientists constantly strive to create pioneering products by leveraging best-in-class technologies, while ensuring supreme quality.

Sleepwell, the flagship brand of the Company, delivers on its brand promise of producing premium and customized products. Over the years, the brand has earned a formidable reputation of developing delightful products in line with growing consumer aspirations. Other brands of the Company include Feather Foam and Starlite, which are low-priced mattresses for consumers. These brands have enabled the Company to augment its share in the organised mattress market.

Business area of the company

The company is a leading manufacturer of mattresses in India marketed under its flagship brand “Sleepwell”. In addition, it manufactures other foam-based home comfort products targeted primarily at Indian retail consumers, as well as technical grades of polyurethane foam (PU Foam) for end use in a wide range of industries.

Products

Mattresses: My Mattress, Spring range, Technology range, Comfort Cell range, Back support range, Flexi PUF range, Economy range Technical Products

Home Comfort Products: Furniture Cushions, Pillows, Comforters/Duvets, Sofa-cum-Beds

Technical Foam Products: Automotive foams, Reticulated foams, Ultra-Violet Stable foams, Sound Absorption foams

Awards

2007: Won CIO100 award
2008: Won CNBC Nasscom IT user award
2009: Won Information Week Silver Edge Award
2009: Won Dataquest Gold CIO award
2010: Won Information Week Silver Edge Award
2010: Won CIO100 award
2010: CIO Green Edge – Special Award
2010: Won CIO Asia Award
2011: Won Red Hat Asia Pacific Award
2011: Won MIS Asia IT Excellence Award- one of the Asia's most prestigious awards
2011: Won Indian Express Intelligent Enterprise Award
2012: Won CIO100 award
2012: Won Information Week Silver Edge Award
2012: Won CIO Innovative Award
2012: Won CIO Innovative Award – Special Award
2012: Won Dataquest Innovator Award
2012: Won SKOCH Digital Inclusion Award
2014: Won CIO100 award
2014: Won Information Week Silver Edge Award
2014: Won CIO 100 - Hall of Fame
2015: Won Dataquest Business Technology Award
2015: Won BSE-CIOKLUB ‘CIO of the Year’
2016: Received the Computer World Premier Award
2017: Awarded by PU Tech for Innovative Technology for Vertical Variable Pressure Foaming.
2018: Most Trusted Mattress Brand Award In India - Reader's Digest most trusted brand award 2018 trophy
2018: Economic Times Best Brand 2019 - In the Sleep & Comfort Brand Category.
2018: Business Standard Star SME of the Year 2017-18.
2018: Computer Society of India ‘Best CIO of the Year - 2018’ for IT Innovation & Excellence
2018: Data Quest ‘Digital Leader 2018’. This award is based on the ability to transform enterprise computing to the next orbit
2018: IDC Insights Award 2018 has been awarded in the category of Excellence in Revenue Generation.
2019-20: IOT Innovation Award
2019-20: Great Place to Work
2019-20: National Awards for Manufacturing Competitiveness
2019-20: RK Bajaj Performance Excellence Trophy
2019-20: India’s Best Mattress Brand of the Year 2020

Milestones

1971: Sheela Foam Pvt Ltd. Founded by Mrs. Sheela Gautam, Chairperson.
1985: Extended operations to NOIDA, a Satellite town of Delhi.
1993: Process of liberalization started in the country and Sheela Group began rapid expansion
1993: ‘Sleepwell’ brand launched.
1994: Acquisition of a full fledged plant near Delhi.
1996: Two more units added at Silvassa, near Mumbai and at Hyderabad in Andhra Pradesh
1998: Introduced Rubberized Coir products under ‘Starlite’ Brand.
1999: Tie - ups with Serta, US and Dunlopillo, UK for manufacturing mattresses
2001: Set - up India's largest P.U. Foam producing plant at Greater Noida.
2002: Expanded operations in North from plant at Rajpura, Punjab
2003: Set - up a manufacturing unit at Sikkim.
2005: Acquired Polyurethane & Polystyrene business of Joyce, Australia
2006: Joint Venture with Woodbridge Group, Canada for manufacturing moulded P.U. Foam - Auto components.
2008: Joint Venture with AH Beards Australia for manufacturing Spring Mattresses
2008: Revolutionised Mattress Retail with the launch of Sleepwell Worlds & Galleries
2010: Launch of revolutionary technologies with Impressions, Latex Plus, Resitec Air, Duet Luxury, Durafirm, Serenity, Amity and many more.
2012: A new State of the Art Unit in Erode starts operations to cater to the Southern markets
2013: Expanded Production capacities at Kala Amb in HP for Northern Markets
2015: Launch of Sleepedia, an initiative by Sleepwell to raise public awareness on importance of quality sleep as a means of good health and wellbeing
2015: Launch of ‘Perfect Match’ a revolutionatry concept that uses world class Sensobed to recommend the perfect sleeping surface for every individual body type.
2015: Introduced My Mattress Concept that enables a customer to choose the right mattress for themselves
2015: A new State of the Art Unit in Siliguri starts operations to cater to the eastern markets
2016: Company got listed on NSE and BSE.
2018: Launch of Economy Product Range & E-commerce
2019: Footprint in Europe, the Company acquired Interplasp S.L. in Spain