NSE: SFL | BSE: 540203

Mid-range Performer

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737.25 -4.40 (-0.59%)

30.36% Fall from 52W High

60,626 NSE+BSE Volume

NSE 12 Sep, 2025 3:31 PM (IST)

8,014.7

Market Cap

Market Leader

0.6

Beta 1Year

Very Low volatility

Sheela Foam Ltd. share price target and research reports

Name: Latest research reports of Sheela Foam Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Sheela Foam Ltd.
Rating: 5
Author: ICICI Securities Limited

Latest analyst research reports with target prices and PDF download for SFL, BSE:540203 Sheela Foam Ltd.

Sheela Foam Ltd.

19 May 2023

737.25

-0.59%

Weak quarter with GM recovery the only positive

Buy: Sheela Foam Ltd.

ICICI Securities Limited

Revenue print continues to be weak, down 1% YoY. India branded business’ volume decline of 21% YoY was weak driven by significant decline in footfalls. Steps are being taken to drive footfalls by increasing footprint of EBOs (20% YoY) and planned new campaign for Sleepwell brand in FY24.

Sheela Foam Ltd. is trading above its 150 day SMA of 699.5

Sheela Foam Ltd.

21 Dec 2022

737.25

-0.59%

Sheela Foam

Buy: Sheela Foam Ltd.

ICICI Direct

Sheela Foam Ltd. is trading above its 150 day SMA of 699.5

Sheela Foam Ltd.

03 Dec 2022

737.25

-0.59%

Sheela Foam

Buy: Sheela Foam Ltd.

Target

ICICI Direct

Sheela Foam Ltd. is trading above its 150 day SMA of 699.5

Sheela Foam Ltd.

09 Nov 2022

737.25

-0.59%

Weak quarter with GM recovery the only positive

Buy: Sheela Foam Ltd.

ICICI Securities Limited

2QFY23: Revenue print further weakened, down 8% YoY. India braded business’
16% YoY revenue decline (volumes down 18% YoY) was quite weak with it highlighting a softer demand environment.

Sheela Foam Ltd. is trading below its 200 day SMA of 758.4

Sheela Foam Ltd.

20 Sep 2022

737.25

-0.59%

Sheela Foam

Buy: Sheela Foam Ltd.

ICICI Direct

Sheela Foam Ltd. is trading above its 150 day SMA of 699.5

Sheela Foam Ltd.

24 Jun 2022

737.25

-0.59%

Sheela Foam

Not Rated: Sheela Foam Ltd.

ICICI Direct

Sheela Foam Ltd. is trading below its 200 day SMA of 758.4

Sheela Foam Ltd.

19 Jan 2021

737.25

-0.59%

Axis Alpha: Sheela Foam - (BUY)

Buy: Sheela Foam Ltd.

Recommendation Target

Axis Direct

We recommend a BUY on Sheela Foam with a Target Price of Rs 2,140, an upside of ~9% from CMP of Rs. 1,964 and Stop Loss Rs1,876.

Sheela Foam Ltd. is trading below its 200 day SMA of 758.4

Sheela Foam Ltd.

23 Nov 2020

737.25

-0.59%

SHEELA FOAM LTD

Buy: Sheela Foam Ltd.

Rudra Shares and Stock Brokers Ltd

Company being top player in the mattress and foam products industry in India with estimated market share of 20-23% in the organized market. Its best-known brand Sleep well has been fortified by the revolutionary health-boosting technology Neem Fresche. Furthermore, company expected to be...

Sheela Foam Ltd. is trading below its 200 day SMA of 758.4

Sheela Foam Ltd.

17 Feb 2020

737.25

-0.59%

Result Update:Sheela Foam

Hold: Sheela Foam Ltd.

Recommendation Target

Axis Direct

In Q3FY20, Sheela foam Ltd. reported sales revenues of Rs 658 cr (up 15%YoY& 32% QoQ), EBIDTA of Rs 93.8 cr grew strongly by 54% YoY& 33% QoQ. EBIDTA margin improved to 14.3% up 360 bps YoY& flattish QoQ.

Sheela Foam Ltd. is trading below its 200 day SMA of 758.4

Sheela Foam Ltd.

05 Dec 2019

737.25

-0.59%

Result Update:Sheela Foam

Buy: Sheela Foam Ltd.

Recommendation Target

Axis Direct

In Q2FY20, Sheela foam Ltd. reported sales revenues of Rs 497 cr (down 7%YoY& down 3%QoQ), EBIDTA of Rs 70 cr grew strongly by 66% YoY& 13% QoQ. EBIDTA margin improved to 14.2% up 625 bps YoY& 210 bps QoQ. Profit of Rs 59 cr was up 2.4x on yearly basis and 1.5x quarterly basis.

Sheela Foam Ltd. is trading above its 150 day SMA of 699.5

Is Sheela Foam Ltd. worth buying?

141 Votes:

Buy 70.92%

Sell 12.77%

Hold 16.31%