NSE: SFL | BSE: 540203

Mid-range Performer

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667.95 -4.05 (-0.60%)

36.91% Fall from 52W High

93,299 NSE+BSE Volume

NSE 07 Oct, 2025 3:31 PM (IST)

7,261.3

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

667.95

-0.60%

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. has lost -25.85% in the last 1 Year

Sheela Foam Ltd.

21 Dec 2022

667.95

-0.60%

Sheela Foam

Buy: Sheela Foam Ltd.

ICICI Direct

Sheela Foam Ltd. has lost -25.85% in the last 1 Year

Sheela Foam Ltd.

03 Dec 2022

667.95

-0.60%

Sheela Foam

Buy: Sheela Foam Ltd.

Target

ICICI Direct

Sheela Foam Ltd. has lost -25.85% in the last 1 Year

Sheela Foam Ltd.

09 Nov 2022

667.95

-0.60%

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 all available SMAs

Sheela Foam Ltd.

20 Sep 2022

667.95

-0.60%

Sheela Foam

Buy: Sheela Foam Ltd.

ICICI Direct

Sheela Foam Ltd. has lost -25.85% in the last 1 Year

Sheela Foam Ltd.

24 Jun 2022

667.95

-0.60%

Sheela Foam

Not Rated: Sheela Foam Ltd.

ICICI Direct

Sheela Foam Ltd. is trading below all available SMAs

Sheela Foam Ltd.

19 Jan 2021

667.95

-0.60%

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 all available SMAs

Sheela Foam Ltd.

23 Nov 2020

667.95

-0.60%

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 all available SMAs

Sheela Foam Ltd.

17 Feb 2020

667.95

-0.60%

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 all available SMAs

Sheela Foam Ltd.

05 Dec 2019

667.95

-0.60%

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. has lost -25.85% in the last 1 Year

Is Sheela Foam Ltd. worth buying?

141 Votes:

Buy 70.92%

Sell 12.77%

Hold 16.31%