The company’s e-commerce channel showed exceptional growth, reinforcing Sheela Foam’s position as a category leader in online mattress sales
New Delhi: Sheela Foam Limited, India’s leading polyurethane (PU) foam manufacturer and home to flagship brands Sleepwell and Kurlon, today announced its consolidated and standalone financial results for the fiscal year ended March 31, 2025. The company reported a year of steady progress marked by successful post-acquisition integration of Kurlon and growing operational efficiencies, the company said in a release on Thursday.
Key Financial Highlights – FY25
Consolidated Results:
Revenue: ₹3,439 crores (15% YoY growth*)
EBITDA: ₹286 crores^
Net Profit: ₹97 crores
Standalone Results:
Revenue: ₹2,588 crores (38% YoY growth*)
EBITDA: ₹235 crores
Net Profit: ₹112 crores
Operational and Strategic Highlights
With the successful integration of Sleepwell and Kurlon underway, the company delivered a robust 12% volume growth in the mattress segment. Sleepwell maintained its leadership position, while Kurlon continued to strengthen regional market presence through expanded distribution and a sharper product portfolio.
The company’s e-commerce channel showed exceptional growth, reinforcing Sheela Foam’s position as a category leader in online mattress sales. Its Small Town India initiative has now reached over 5,800 retail touchpoints, significantly improving rural and semi-urban market penetration.
In the Comfort Foam segment, the company added 1,000+ new dealers, further strengthening its B2B distribution. Demand from the furniture and automotive sectors continued to drive value and volume growth. Technical foam applications also gained momentum in high-value sectors such as aviation, acoustic insulation (high KVA gensets), ceramic filters, and footwear insoles.
Product innovation remained a core focus in FY25. New launches like Sleepwell Pro FitRest, Kurlon DuoRest, and a reimagined spring mattress portfolio across both brands were well received by consumers and trade partners alike.
On the digital front, Sheela Foam deepened customer engagement via high-performing content across social platforms that emphasised the role of quality sleep in holistic health. More than 3,000 retail outlets were activated on Google My Business (GMB), enhancing hyperlocal discovery and driving in-store footfall.
“FY25 has been a foundational year. We’ve made meaningful progress in aligning teams, systems, and strategies across Sleepwell and Kurlon. While topline inches upwards, higher gross margins reflect the post-merger synergies,” said Rahul Gautam, Executive Chairman, Sheela Foam Limited.
Founded in 1971, Sheela Foam Limited is a multinational leader in PU foam and sleep solutions, operating across Asia, Australia, and Europe. In India, its iconic brands Sleepwell and Kurlon serve the comfort needs of over a billion people, reaching every corner of the country via a 20,000+ strong retail network. The company is known for its R&D excellence and customer-centric innovation. Through the Sleepwell Foundation, Sheela Foam also invests in emotional wellness and multi-dimensional skill development.
