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Sheela Foam Valuation Multiples
Discover revenue and EBITDA valuation multiples for Sheela Foam and similar public comparables like Flotek Industries, Bide Pharmatech Co, Gujarat State Fertilizers, SP Group and more.
Sheela Foam Overview
About Sheela Foam
Sheela Foam Ltd is a manufacturer of mattresses and other foam-based home comfort products. Its Comfort Foam and Home Care product portfolio includes Mattresses, Pillows, Mattress protectors, Bolsters, Back cushions, Sofa-cum beds, Bedsheets, and Baby care sheets. It also offers technical foam and furniture foam productsĀ such as Laminated foam, Reticulated foam, UV stable foam, Sound absorption foam, and Anti-static foam. Its products cater to different industries such as bedding, furniture, shoes, lingerie, acoustic enclosures, and others. Geographically, the organization sells its products in India and also exports them to other countries. It derives a majority of its revenue from the sales of the Comfort Foam and Home Care line of products. The company's flagship brand is Sleepwell.
Founded
1971
HQ

Employees
2.6K
Website
Sectors
Financials (LTM)
EV
$798M
Valuation Multiples
Start free trialSheela Foam Financials
Sheela Foam reported last 12-month revenue of $407M and EBITDA of $43M.
In the same LTM period, Sheela Foam generated $179M in gross profit, $43M in EBITDA, and $18M in net income.
Revenue (LTM)
Sheela Foam P&L
In the most recent fiscal year, Sheela Foam reported revenue of $399M and EBITDA of $48M.
Sheela Foam is profitable as of last fiscal year, with gross margin of 40%, EBITDA margin of 12%, and net margin of 4%.
Financial data powered by Morningstar, Inc.
Sheela Foam Stock Performance
Sheela Foam has current market cap of $723M, and enterprise value of $798M.
Market Cap Evolution
Sheela Foam's stock price is $6.62.
Sheela Foam share price increased by 23.4% in the last 30 days, and decreased by 2.6% in the last year.
Sheela Foam has an EPS (earnings per share) of $0.15.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $798M | $723M | -0.7% | 23.4% | 12.7% | -2.6% | $0.15 |
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Start Free TrialSheela Foam Valuation Multiples
Sheela Foam trades at 2.0x EV/Revenue multiple, and 18.5x EV/EBITDA.
EV / Revenue (LTM)
Sheela Foam Financial Valuation Multiples
As of May 27, 2026, Sheela Foam has market cap of $723M and EV of $798M.
Sheela Foam has a P/E ratio of 40.2x.
Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Sheela Foam Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Sheela Foam Margins & Growth Rates
Sheela Foam grew revenue by 13% and EBITDA by 15% in the last fiscal year.
In the most recent fiscal year, Sheela Foam reported gross margin of 40%, EBITDA margin of 12%, and net margin of 4%.
Sheela Foam Margins
Sheela Foam Growth Rates
Data powered by FactSet, Inc. and Morningstar, Inc.
Sheela Foam Operational KPIs
Sheela Foam's revenue per employee in the last FY averaged $0.2M, while opex per employee averaged $0.1M for the same period.
Sheela Foam's Rule of 40 is 25% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Sheela Foam's Rule of X is 44% (created by Bessemer, Rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Data powered by FactSet, Inc. and Morningstar, Inc.
Sheela Foam Competitors
Sheela Foam competitors include Flotek Industries, Bide Pharmatech Co, Gujarat State Fertilizers, SP Group, ASP Isotopes, Explosifs et Produits Chimiques, Kronos Worldwide, Koppers Holdings, Alok Indus and Westlake Chemical.
Most Sheela Foam public comparables operate across Chemicals.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| 3.2x | 3.0x | 23.4x | 21.1x | |||
| 3.1x | 2.9x | 17.7x | - | |||
| 0.5x | - | 5.0x | - | |||
| 1.7x | 1.6x | 8.4x | 7.7x | |||
| 28.1x | 25.2x | (13.5x) | (15.7x) | |||
| 1.4x | 1.2x | 10.5x | 8.8x | |||
| 0.7x | 0.7x | 44.2x | 29.4x | |||
| 0.9x | 0.9x | 6.8x | 6.9x | |||
This data is available for Pro users. Sign up to see all Sheela Foam competitors and their valuation data. Start Free Trial | ||||||
Sheela Foam M&A Activity
Sheela Foam has acquired 2 companies to date.
Last acquisition by Sheela Foam was on July 17th 2023. Sheela Foam acquired Kurlon for $273M (EV/Revenue multiple of ).
Latest Acquisitions by Sheela Foam
| Description | Kurlon is a Chennai-based manufacturer of mattresses and home comfort products in India. The company produces polyurethane foam mattresses, spring models, and furniture like sofas and bed frames under brands including Kurlon Orthopaedic. With factories in Tamil Nadu, Kurlon distributes through 5,000 retailers nationwide and exports to the Middle East, emphasizing ergonomic designs certified by ISO standards. | Interplasp is a Valencia-based manufacturer of polyurethane foam products including rigid, flexible, and spray foams for insulation, packaging, and furniture applications. The private company produces blocks, sheets, and molded components from its Spanish facilities, supplying construction, automotive, and appliance industries across Europe. |
| HQ Country | ||
| HQ City | Bangalore | Salamanca |
| Deal Date | 17 Jul 2023 | 26 Jul 2019 |
| Valuation | $273M | $48M |
| EV/Revenue | ||
| EV/EBITDA | ||
This data is available for Pro users. Sign up to see all Sheela Foam acquisitions and their M&A valuation multiples. Start Free Trial | ||
Sheela Foam Investment Activity
Sheela Foam has invested in 1 company to date.
Latest investment by Sheela Foam was on December 3rd 2025. Sheela Foam invested in Furlenco in their $14M Undisclosed stage round (EV/Revenue multiple of ).
Latest Investments by Sheela Foam
| Description | Furlenco is a Bangalore-headquartered furniture rental service launched in 2012. The company delivers sofa sets, beds, wardrobes, and dining units on 6-48 month subscriptions starting at ā¹999/month across 12 Indian cities. Furlenco serves 100,000+ customers including corporates like Google and startups, with logistics handling 50,000 relocations annually. | Furlenco is a Bangalore-headquartered furniture rental service launched in 2012. The company delivers sofa sets, beds, wardrobes, and dining units on 6-48 month subscriptions starting at ā¹999/month across 12 Indian cities. Furlenco serves 100,000+ customers including corporates like Google and startups, with logistics handling 50,000 relocations annually. |
| HQ Country | ||
| HQ City | Bangalore | Bangalore |
| Deal Date | 3 Dec 2025 | 17 Jul 2023 |
| Round | Undisclosed stage | Strategic investment |
| Raised | $14M | $37M |
| Investors | Madhu Kela Family Office; Sheela Foam; White Oak Capital Management | Sheela Foam |
| Valuation | undisclosed | $92M |
| EV/Revenue | ||
| EV/EBITDA | ||
This data is available for Pro users. Sign up to see all Sheela Foam investments and their VC round multiples. Start Free Trial | ||
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Start Free TrialAbout Sheela Foam
| When was Sheela Foam founded? | Sheela Foam was founded in 1971. |
| Where is Sheela Foam headquartered? | Sheela Foam is headquartered in India. |
| How many employees does Sheela Foam have? | As of today, Sheela Foam has over 2K employees. |
| Is Sheela Foam publicly listed? | Yes, Sheela Foam is a public company listed on National Stock Exchange of India. |
| What is the stock symbol of Sheela Foam? | Sheela Foam trades under SFL ticker. |
| When did Sheela Foam go public? | Sheela Foam went public in 2016. |
| Who are competitors of Sheela Foam? | Sheela Foam main competitors include Flotek Industries, Bide Pharmatech Co, Gujarat State Fertilizers, SP Group, ASP Isotopes, Explosifs et Produits Chimiques, Kronos Worldwide, Koppers Holdings, Alok Indus, Westlake Chemical. |
| What is the current market cap of Sheela Foam? | Sheela Foam's current market cap is $723M. |
| What is the current revenue of Sheela Foam? | Sheela Foam's last 12 months revenue is $407M. |
| What is the current revenue growth of Sheela Foam? | Sheela Foam revenue growth (NTM/LTM) is 13%. |
| What is the current EV/Revenue multiple of Sheela Foam? | Current revenue multiple of Sheela Foam is 2.0x. |
| What is the current EBITDA of Sheela Foam? | Sheela Foam's last 12 months EBITDA is $43M. |
| What is Sheela Foam's EBITDA margin? | Sheela Foam's last 12 months EBITDA margin is 11%. |
| What is the current EV/EBITDA multiple of Sheela Foam? | Current EBITDA multiple of Sheela Foam is 18.5x. |
| What is the current FCF of Sheela Foam? | Sheela Foam's last 12 months FCF is $42M. |
| What is Sheela Foam's FCF margin? | Sheela Foam's last 12 months FCF margin is 10%. |
| What is the current EV/FCF multiple of Sheela Foam? | Current FCF multiple of Sheela Foam is 18.9x. |
| How many companies Sheela Foam has acquired to date? | As of May 2026, Sheela Foam has acquired 2 companies. |
| What was the largest acquisition by Sheela Foam? | $273M acquisition of Kurlon on 17th July 2023 was the largest M&A Sheela Foam has done to date. |
| What companies Sheela Foam acquired? | Sheela Foam acquired Kurlon and Interplasp. |
| In how many companies Sheela Foam has invested to date? | As of May 2026, Sheela Foam has invested in 1 company. |
| What was the last Sheela Foam investment? | On 3rd December 2025 Sheela Foam invested in Furlenco, participating in a $14M Undisclosed stage round, alongside Madhu Kela Family Office and White Oak Capital Management. |
| In what companies Sheela Foam invested in? | Sheela Foam invested in Furlenco. |
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