āagman

Not investment advice. Data and computed figures, for information only.

Sheela Foam Ltd

NSE: SFL
₹605.10
−₹11.50 (−1.87%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹6,592 Cr
CMP
₹605.10
52-wk High / Low
₹832 / 457
P/E
32.4
P/B
2.0
Book Value
₹298.0
Div Yield
0.17%
ROCE
6.0%
ROE
4.8%
Face Value
₹5
D/E
0.28

Price−11.2% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 13 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
8
/ 9
8 of 9 F-score tests passed
Graham Number
₹313
√(22.5 × EPS × book value per share)
ROIC
4.6%
vs 12.3% sector median
Cash flow to profit
2.54
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
+143
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
4.5%
ROE × earnings retention ratio
ROE stability
4.8
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom −0.30FII +0.02DII −2.03
Latest quarter vs the previous one
Cash-accrual divergence
−4.7%
of assets
Low = accruals track cash flow
Strengths
+FII holding rose by 0.9pp over the last year
+Piotroski F-Score of 8/9 is in the strong band (≥7)
+PE of 32.4x is below the sector median of 38.5x
Watch-outs
−Latest ROCE of 6% trails the sector median of 19%
−Borrowings are up 689.6% since FY2016 (115 to 908)
−Price trades below its 200-day moving average (1.0x)
−Promoter holding fell by 7.6pp over the last year

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales6456138798458108139678508218751,0741,0501,032
Expenses567547803765750742879823746788960933923
Operating Profit78667681607088277587114117109
OPM %12.1%10.8%8.6%9.6%7.4%8.6%9.1%3.2%9.1%9.9%10.6%11.1%10.6%
Other Income132432706132861103163422
Interest892527282829352928172118
Depreciation23223041404845504650473634
Profit before tax6060538353262221012669480
Net Profit4344316547201713710539262
EPS (₹)4.414.042.835.944.231.831.541.200.600.894.808.365.63

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,3591,5501,6801,8892,0662,1212,4372,8662,8732,9823,4393,8214,031
Expenses1,2681,3741,4841,6721,8551,8212,0732,5502,5752,6783,1873,4263,604
Operating Profit91176196217211300364315298304252395427
OPM %6.7%11.4%11.7%11.5%10.2%14.1%14.9%11.0%10.4%10.2%7.3%10.3%10.6%
Other Income1116232128285079861361546075
Interest16121191013181721691219584
Depreciation282930354059738190116183179166
Profit before tax58152178193189256324296273256103182252
Net Profit4310512613413419424021920118490161217
EPS (₹)13.1332.2212.8613.7013.7019.8224.3622.2720.3916.788.2214.6219.68

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital161624242424242449545555—
Reserves2293224395737068951,1601,3681,5492,8662,9623,197—
Borrowings1461155948313103344665711,4931,462908—
Other Liabilities289335395398401414551496533909881949—
Total Liabilities6797889181,0431,1621,6442,0692,3552,7025,3225,3605,109—
Fixed Assets2862883183484128518948838653,1293,0803,198—
CWIP81036521183312028716613132—
Investments010098318231411618768878873588—
Other Assets3854815645444325447327347811,1501,2761,291—
Total Assets6797889181,0431,1621,6442,0692,3552,7025,3225,3605,109—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity147159122134138157254197218406247409
Cash from Investing Activity−49−342−80−246−287−208−306−272−2,258−24298
Cash from Financing Activity−59−25−67−20−27157−3293561,854−226−716
Net Cash Flow401005734−1352713−1712−3−8

Ratios

As of 31 Mar 2026
12 periods
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %19.038.039.035.028.026.023.018.014.08.04.06.0
ROE %———————————4.8
EPS (₹)13.1332.2212.8613.7013.7019.8224.3622.2720.3916.788.2214.62
Book Value (₹)———————————298.0
Face Value (₹)———————————5
P/E———————————32.4
Div Yield %———————————0.17
NPM %3.16.77.47.06.49.09.77.46.85.92.54.1
OPM %7.011.012.011.010.014.015.011.010.010.07.010.0
D/E0.600.340.130.080.040.340.280.330.360.510.480.28
P/B———————————2.0

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+9.0%
5 years+9.0%
3 years+10.0%
TTM+17.0%
Compounded profit growth
10 years+4.0%
5 years−8.0%
3 years−7.0%
TTM+262.0%
Stock price CAGR
5 years−13.0%
3 years−18.0%
Last year−11.0%
Return on equity
10 years10.0%
5 years6.0%
3 years4.0%
Last year5.0%

Shareholding pattern

As of 31 Mar 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters85.68%85.68%85.68%75.00%75.00%72.95%72.95%72.95%65.48%65.69%65.69%65.39%
FIIs2.83%2.83%2.58%3.06%2.90%1.29%2.53%3.26%6.32%6.23%4.15%4.17%
DIIs7.86%7.86%8.88%17.06%20.00%23.63%23.37%22.28%24.52%21.17%20.55%18.52%
Government————————————
Public3.63%3.63%2.86%4.88%2.10%2.13%1.15%1.50%3.68%6.91%9.60%11.92%
No. of shareholders5,2245,2244,8857,5419,63813,60021,50327,23239,10360,08966,61168,569
Change since Jun 2023 (pp)
Promoters −20.29FIIs +1.34DIIs +10.66Public +8.29

Documents

As of 11 Oct 2026
Announcements
Announcement under Regulation 30 (LODR)-Credit RatingRedemption Of NCDAnnouncement under Regulation 30 (LODR)-Updates on AcquisitionClosure of Trading WindowAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Aug 2026TranscriptAug 2026PPTAug 2026RecordingMay 2026TranscriptMay 2026PPTMay 2026RecordingFeb 2026TranscriptFeb 2026PPTFeb 2026RecordingNov 2025TranscriptNov 2025PPTNov 2025RecordingNov 2025PPT

Corporate actions

As of 9 Jul 2026
9 Jul 2026DIVIDENDDividend - Re 1 Per Share—
21 Dec 2022BONUSBonus 1:1—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman