Sheela Foam Limited, India’s leading comfort solutions provider and the company behind iconic brands Sleepwell and Kurlon, today announced its financial results for the first quarter of FY26, marking a significant milestone in its growth journey. The quarter saw the highest-ever core EBITDA margin of 11.7% for the India business, driven by the successful integration of Kurlon Enterprises Ltd., robust performance across e-commerce channels, and strong retail expansion. Amidst a competitive and evolving consumer landscape, Sheela Foam’s strategic focus on operational efficiency, product accessibility, and digital transformation has yielded consistent results. This performance reflects the company’s strengthened market leadership and readiness to capture upcoming festive demand across both urban and semi-urban markets.

Key Highlights for Q1 FY26:

• Mattress segment volume growth of 10% YoY
• E-commerce sales grew 66% YoY, strengthening digital footprint
• ‘Mattress for Every Indian’ range (Tarang & Aaram’) witnessed a 59% YoY rise
• 234 new showrooms launched; total touchpoints now ~20,000+
• Consolidated revenue: ₹821 crore
• Consolidated core EBITDA at INR 85 cr – growth of 42% YoY
• Consolidated core EBITDA margins at 10.4% - growth of 300 bps YoY
• Normalized PAT: ₹30 crore

India Business (SFL + KEL + Staqo) Performance:

Consolidated Financials:

“The volume growth and higher Core EBITDA were achieved on account of the successful integration of Kurlon into the Indian business. This integration has resulted in the optimization of operating facilities, efficiencies in purchasing raw materials, and a reduction in overhead and logistics costs. This has also helped us to leverage our channel network. I am confident that with the onset of the festive season, volume growth and core EBITDA should be much better,”  said Mr. Rahul Gautam, Executive Chairman, Sheela Foam Ltd.

“The structured efforts which were put into the business in the last one and half years have led to benefits reflected both in topline and bottom line. I am pleased with the achievements in the E-Commerce segment, which has brought the company to a very competitive position against existing leaders in the segment. Also, our revenue and network growth in the STI initiative will be instrumental in enabling us to harness future growth,”  said Tushaar Gautam, Managing Director, Sheela Foam Ltd.