Sheela Foam is a producer and marketer of Polyurethane (PU) Foam and has an extensive domestic footprint and an international presence. The company, founded in 1971, owns a number of well-known brands, such as Sleepwell, Featherfoam, and Lamiflex. The company is headquartered in Noida, Uttar Pradesh, and its products are used for seat covers, sound and vibration absorption, sun visors, door trims, and more.
On 13 February 2023, the market capitalisation of the company was Rs 11,607.43 crore. It reported consolidated sales of Rs 569.2 crore at the end of the third quarter of the financial year 2022-2023. The company is listed on the Bombay Stock Exchange with the code 890149 and on the National Stock Exchange under the code 540203.
Sheela Foam has a diversified shareholding pattern, with promoters holding approximately 72.95% of the company. The public has a stake of 1.04% in the company. FIIs hold a stake of 3.2% in the company, while DIIs hold 22.4%. The shareholding pattern of the company has remained largely stable over the past year.
Rahul Gautam is the current managing director of the company. Other directors of the company include Namita Gautam, Rakesh Chahar, Tushaar Gautam, Anil Tandon, Meena Jagtiani, Ravindra Dhariwal, Som Mittal, Vijay Kumar Ahluwalialia, and Vijay Kumar Chopra. The chief financial officer of Sheela Foam is Nikhil Datye. The company’s auditors are MSKA & Associates and S P Chopra & Co.
On 13 February 2023, Sheela Foam’s share price was Rs 143.3 on the BSE and Rs 143.5 on the NSE. The company’s 52-week-high was Rs 1,193.20, while the 52-week-low was Rs 1,193.60. Its three-month return to investors was -15.08%, while its one-year return was -26.54%.
As of December 2023, Kotak Emerging Equity Direct-G had an investment of Rs 427.36 crore in the company. SBI Small Cap Direct-G held shares in the company worth Rs 407.74 crore, while SBI Magnum Midcap Direct-G held shares worth Rs 336.96 crore.
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