Sheela Foam's 20% Revenue Growth Hides A Volume Slowdown: CMD Explains What's Happening | ET Now
ET Now · 03 Nov 2026 · 7 min
Management interview of Sheela Foam Ltd (SFL), with 6 key numbers discussed.
- Rahul Gautam, CMD, Sheela Foam
Sheela Foam CMD Rahul Gautam attributed lower volumes and margin compression to elevated raw material costs, which required price hikes and higher sales and marketing spends. He indicated that margins should return to double digits once commodity pressures ease. The festive season in October performed well, with 15-20% growth expected to sustain. Internationally, Australia and Spain remain stable. Gautam also highlighted that newly consolidated subsidiary Furlenco is targeting Rs 500 cr in revenue with 40% EBITDA margins this year.