Sheela Foam Limited — Investor Meet, 06-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Sheela Foam's Q3FY26 consolidated revenue rose 7% to INR 2,771 Cr. Core EBITDA reached 10.9% (up 220 bps), with PAT surging to INR 53 Cr, driven by Kurlon merger synergies and debt reduction. Combined Indian operations now show 10% core EBITDA. Mattress volumes grew 11%, E-Commerce 53%, and the U2O segment 100% over nine months. Price increases of 4-5% taken late Q3 are expected to fully impact Q4. Net debt reduced to INR 600-650 Cr via asset sales. Management targets 15% revenue growth and 15% EBITDA margins for the India business long-term, reflecting a confident outlook.