Sheela Foam Ltd Share Price – NSE /  BSE

Consumer Durables, Small Cap

Jupiter Wagons Ltd, Syrma SGS Technology Ltd, Sobha Ltd, Glaxosmithkline Pharmaceuticals Ltd are among the other stocks to see a surge in volumes on BSE today, 09 March 2026.

Sheela Foam Ltd witnessed volume of 62377 shares by 10:45 IST on BSE, a 6.43 times surge over two-week average daily volume of 9703 shares. The stock dropped 2.85% to Rs.506.60. Volumes stood at 1854 shares in the last session.

Jupiter Wagons Ltd registered volume of 35.36 lakh shares by 10:45 IST on BSE, a 3.49 fold spurt over two-week average daily volume of 10.13 lakh shares. The stock slipped 3.65% to Rs.289.00. Volumes stood at 71.25 lakh shares in the last session.

Syrma SGS Technology Ltd registered volume of 2.1 lakh shares by 10:45 IST on BSE, a 3.33 fold spurt over two-week average daily volume of 62915 shares. The stock slipped 7.61% to Rs.704.00. Volumes stood at 57948 shares in the last session.

Sobha Ltd clocked volume of 29496 shares by 10:45 IST on BSE, a 3.28 times surge over two-week average daily volume of 8984 shares. The stock lost 3.17% to Rs.1,314.50. Volumes stood at 2404 shares in the last session.

Glaxosmithkline Pharmaceuticals Ltd recorded volume of 5861 shares by 10:45 IST on BSE, a 3.16 times surge over two-week average daily volume of 1856 shares. The stock lost 1.64% to Rs.2,471.60. Volumes stood at 1152 shares in the last session.

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The Board of Sheela Foam at the meeting held on 2nd March 2026 has decided to deliberate on the same in due course. Accordingly, no Interim Dividend has been declared by the Board.

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Sheela Foam will hold a meeting of the Board of Directors of the Company on 2 March 2026.

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Revenue growth during the quarter was driven by higher volumes across both mattress and foam segments. Mattress registered volume growth of 11% and foam segment grew by 20%.

Profit before tax (PBT) surged 198.68% to Rs 65.68 crore during the quarter.

Core EBITDA stood at Rs 117 crore in Q3 FY26, registering the growth of 39%, compared with Rs 84 crore posted in Q3 FY25. Core EBITDA margin improved 220 bps to 10.9% in Q3 FY26 as against .8.7% in Q3 FY25.,

Rahul Gautam (chairman & managing director) commenting on the results, he said that the Kurlon acquisition has begun delivering tangible benefits, driving a turnaround at Sheela Foam Limited. The business has entered a phase of double-digit growth, with both the mattress and foam segments recording strong volume expansion. Profitability and cash generation have continued to improve sequentially each quarter, supported by improved performance across all key markets - India, Australia, and Spain. We remain confident in our ability to deliver sustained, profitable growth backed by robust cash generation, thereby creating long-term value for all stakeholders.

Sheela Foam is a leading player in India?s mattress and foam products industry and a leader in Polyurethane (PU) Foam. It has a nationwide presence in manufacturing PU Foam with a track record, since 1971. In India, the company markets its products under well-known brands such as Sleepwell and Kurlon.

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