Sheela Foam Ltd

Sheela Foam Limited is Indias top player in the mattress and foam products industry. The Company enjoys strong brand awareness, a vast product portfolio, and presence in India and Australia.(Source : 201903 Annual Report Page No: 12)

  • Market Cap: 6,826 Cr.
  • Current Price: 1,410
  • 52 weeks High / Low 1779.95 / 1073.20
  • Book Value: 168.98
  • Stock P/E: 34.20
  • Dividend Yield: 0.00 %
  • ROCE: 27.70 %
  • ROE: 19.69 %
  • Sales Growth (3Yrs): 10.05 %
  • Listed on BSE and NSE
  • Company Website
  • Face Value: 5.00
Edit ratios
Pros:
Company has reduced debt.
Company is virtually debt free.
Company has a good return on equity (ROE) track record: 3 Years ROE 24.41%
Cons:
Stock is trading at 8.34 times its book value
Though the company is reporting repeated profits, it is not paying out dividend
The company has delivered a poor growth of 11.09% over past five years.

Peer comparison Sector: Textiles // Industry: Textiles - Jute - Yarn / Products

Loading peers table ...

Quarterly Results Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Jun 2017 Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019
458 419 486 532 528 502 535 569 535 514 497 658
434 375 428 471 476 451 493 508 479 452 427 564
Operating Profit 25 45 58 61 52 51 42 61 56 62 70 94
OPM % 5% 11% 12% 12% 10% 10% 8% 11% 10% 12% 14% 14%
Other Income 9 5 4 4 7 6 6 8 9 9 11 7
Interest 2 2 2 2 2 2 2 3 2 2 2 3
Depreciation 8 8 9 9 10 9 10 10 10 10 10 12
Profit before tax 23 40 51 55 47 45 36 56 52 60 69 86
Tax % 29% 30% 33% 29% 32% 28% 32% 31% 27% 35% 15% 25%
Net Profit 17 28 34 39 32 33 24 39 38 39 59 64
EPS in Rs 3.42 5.77 7.03 8.02 6.59 6.68 4.99 7.98 7.76 7.94 12.04 13.25
Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes

Profit & Loss Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 TTM
987 1,092 1,221 1,359 1,550 1,680 1,889 2,066 2,204
931 1,011 1,136 1,267 1,374 1,484 1,673 1,857 1,922
Operating Profit 56 82 85 92 176 196 216 209 282
OPM % 6% 7% 7% 7% 11% 12% 11% 10% 13%
Other Income 6 12 0 10 16 23 21 29 37
Interest 24 23 19 16 12 11 9 10 10
Depreciation 25 31 30 28 29 30 35 40 42
Profit before tax 12 40 36 58 152 178 193 189 266
Tax % 35% 22% 23% 26% 31% 29% 31% 29%
Net Profit 8 31 28 43 105 126 134 134 200
EPS in Rs 4.78 18.97 17.12 26.24 64.40 25.74 27.41 27.42 40.99
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0%
* Sales is net of excise duty and discounts
Compounded Sales Growth
10 Years:%
5 Years:11.09%
3 Years:10.05%
TTM:3.26%
Compounded Profit Growth
10 Years:%
5 Years:36.04%
3 Years:8.10%
TTM:55.90%
Stock Price CAGR
10 Years:%
5 Years:%
3 Years:1.67%
1 Year:11.67%
Return on Equity
10 Years:%
5 Years:25.44%
3 Years:24.41%
Last Year:19.69%

Balance Sheet Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Sep 2019
16 16 16 16 16 24 24 24 24
Reserves 122 153 180 229 322 439 573 706 800
Borrowings 248 214 188 146 115 59 48 31 29
157 183 241 289 335 395 398 401 328
Total Liabilities 543 567 625 679 788 918 1,043 1,162 1,182
228 268 252 286 288 318 348 412 421
CWIP 41 1 17 8 10 36 52 1 3
Investments 5 8 0 0 10 0 98 318 308
268 290 356 385 481 564 544 432 449
Total Assets 543 567 625 679 788 918 1,043 1,162 1,182

Cash Flows Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
60 97 124 147 159 122 134 138
-4 -30 -27 -49 -34 2 -80 -246
-64 -56 -53 -59 -25 -67 -20 -27
Net Cash Flow -8 12 45 40 100 57 34 -135

Ratios Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
ROCE % 16% 14% 19% 38% 39% 35% 28%
Debtor Days 43 35 36 31 28 30 28 27
Inventory Turnover 10.51 10.17 11.22 13.92 13.38 11.84 11.49