Sheela Foam Ltd

Meeting Details

• Date: August 26, 2026; time not disclosed.
• Type and mode: one-on-one meeting, physical at the corporate office.
• Organiser: company management via representatives.
• Purpose: one-on-one investor interaction.
• Note: no UPSI is intended to be discussed.

Meeting Details

• Date: Aug 27, 2026; time not disclosed; one-on-one virtual investor meeting with company management.

Participants

• Key company participants: Managing Director; Company Secretary & Compliance Officer.

Purpose

• Purpose: intimation of schedule for investor/analyst meeting.

Additional Notes

• Schedule may change due to unforeseen circumstances.

Postal ballot: director appointment

• Purpose: seek approval for appointment of Ms. Avantika Singh Gautam as Non-Executive Non-Independent Director.
• Type: Ordinary resolution; appointment for five-year term from 04 Aug 2026.
• E-voting window: 21 Aug 2026 to 19 Sep 2026.
• Cut-off date: 14 Aug 2026.
• Scrutinizer: Amitabh (ICSI 14190), Partner, AVA Associates.
• Profile: Avantika Gautam, broadcast journalist with Harvard Kennedy School and Fletcher School credentials.
• Term: five consecutive years from 04 Aug 2026, liable to rotation.
• Remuneration: sitting fees and commission up to 1% of net profits.
• Eligibility: not disqualified under Section 164; not debarred by SEBI.

Financial Performance

• Consolidated revenue surpassed INR 1,000 crores; EBITDA exceeded INR 100 crores in Q1.
• PAT for the quarter stood at INR 62 crores.
• Consolidated revenue grew 26% YoY; EBITDA margin expanded 139 bps to 10.6%.
• Standalone India revenue grew 20% YoY; EBITDA grew 13%.
• Standalone revenue INR 761 crores; EBITDA INR 68 crores.
• Derivative hedging closed; there is no MTM impact; core EBITDA equals reported EBITDA.

Geography & Segments

• Australia revenue grew 31% to INR 120 crores; EBITDA margin 12.8%.
• Spain revenue INR 133 crores; +54% YoY; EBITDA margin 14.7%.
• Staqo revenue growth 67% YoY; EBITDA run-rate 28–30%.
• Presence 360 users crossed 3.2 lakh.
• Furlenco net profit about INR 60 crores; ~INR 33 crores from deferred tax assets.
• U2O dealer network ~10,000; volumes up 19%; value growth up 81%.
• 5–6 inch mattresses launched; U2O portfolio expanding.

Capex & Stores

• 41 new stores opened; plan to reach 50 COCO stores.
• COCO stores capex ~INR 50 lakh per store; total about INR 25 crores for 50 stores.
• Stores typically around 2,000 square feet; urban areas targeted.

Balance Sheet & Cash Flow

• India debt around INR 300 crores; international debt to be paid over five years.
• Free cash flow to be used for debt repayment; year-end debt not zero; incremental cash INR 150–200 crores.
• Derivative hedges closed; core EBITDA aligned with reported EBITDA.

Guidance & Outlook

• FY27 EBITDA margin guidance 11–12%; no change to outlook.
• ROCE target: 15% growth with 15% EBITDA margin.
• Overseas margins expected 10–12%; growth around 5% in international markets.
• Overseas inventory to normalize by Q2; India inventory about 15–30 days.

ESG & Sustainability

• CRISIL ESG upgrade to Strong; S&P GCSA moved to 61st percentile.
• Sustainalytics risk rating upgraded; risk band lowered.
• Sustainability roadmap anchored to four UN SDGs; renewable and waste-management initiatives.

Q&A Highlights

• Inventory policy: India ~15–30 days; overseas inventories higher but stabilizing; normalization expected by Q2.
• U2O pricing stance: initial low price followed by uptick; 10,000 dealer points network.
• Standalone India volume around 6%; targeted closer to 8–10% with margin benefits as volatility subsides.
• Furlenco: profitable last quarter; DTAs contributed; net profit ~INR 60 crores.
• Kurlon integration: 96–97% complete; 75–80% synergies realized; remainder in progress.

Meeting Details

• 13 Aug 2026, 10:00 AM, Mumbai, physical group investor meeting with Emkay Global Conference (Flagship).
• 14 Aug 2026, 10:00 AM, Mumbai, physical group investor meeting at Equirus Conference (Annual India).
• Purpose: General investor interaction during group meetings.
• Participants from company: Management representatives.

Meeting Details

• Board meeting scheduled for Thursday, August 04, 2026; time and venue not disclosed.

Key Agenda Items

• Consider and approve un-audited standalone and consolidated financial results for quarter ended June 30, 2026.

Other Notes

• Trading window closed from April 01, 2026 until 48 hours after declaration of results.

AGM details

• 54th AGM held July 16, 2026 via VC/OAVM.
• E-voting conducted July 13–15, 2026; physical voting not noted.
• Scrutinizer report and voting results attached.

Key resolutions

• Ordinary: Adoption of standalone and consolidated financial statements and reports — passed.
• Ordinary: Reappointment of Naalita Gautam (retiring by rotation) — passed.
• Special: Appointment of Neuaj Jain as Non-Executive Independent Director — passed.
• Special: Appointment of Rajiv Shvastava as Non-Executive Independent Director — passed.
• Special: Reappointment of Rahul Gautam as Chairman and Managing Director — passed.
• Special: Reappointment of Tushaar Gautam as Vice Chairman and Joint MD — passed.
• Ordinary: Approval of remuneration to Cost Auditors for FY 2026-27 — passed.

Director changes

• Naalita Gautam retires by rotation; re-appointment approved.
• Neuaj Jain appointed as Non-Executive Independent Director.
• Rajiv Shvastava appointed as Non-Executive Independent Director.
• Rahul Gautam reappointed as Chairman and Managing Director.
• Tushaar Gautam reappointed as Vice Chairman and Joint MD.

Auditors

• No auditor appointment changes disclosed; results include reports of Board and Auditors.

Certificate status

• RTA-issued certificate for the quarter-end period enclosed.

Sheela Foam Ltd: Trading window closed from July 01, 2026 till the end of 48 hours after the Financial Results for the quarter and year ending June 30, 2026 shall be made public