Sheela Foam Ltd.

Earnings Presentation Q1-FY23

Company Snapshot

Experienced

Management

'Sleepwell' mattresses a

Backward Integrated

household Brand and

Player with a wide

one of the most trusted

product basket

brands in India

Largest

20-25% Market Share

40% market share in

Presence across

manufacturers of PU

in the Mattresses

Australia

multiple geographies

Foam in India

segment

Consistent Positive

Strategic move to

Low Gearing ratio

focus on high margin

cash flow generation

products

Proven track record in

Marquee InvestorsAcquisitions and

Integration

Earnings Presentation August 2022

2

Company Overview

  • Incorporated in 1971, Sheela Foam is the market leader and the largest manufacturer of Polyurethane Foam

(PU) in India.

India Operations

The Company manufactures various foam-based home comfort products like mattresses, Furniture cushions,

as well as technical grades of polyurethane foams for end-use in a range of industries like automobile,

acoustics, etc.

The flagship household brands include: 'Sleepwell' for mattresses and home comfort, 'Feather Foam' a pure

11

Manufacturing Plants

PU Foam and 'Lamiflex' a polyester foam for lamination.

  • The company has a global manufacturing footprint with 11 nationwide manufacturing plants in India, 5 in

Australia, and 1 in Spain.

123,000 MTPA of Total Capacity

  • It has a strong presence and market share in Australia through its wholly-owned subsidiary, Joyce Foam Pty

Ltd. and also in Spain through its subsidiary, Interplasp S.L.,

20 - 25%

Market share in India

  • The company has an integrated manufacturing facility 123,000 MTPA with a robust distribution network of 110+ exclusive distributors, 5,400+ exclusive brand outlets, and 6,100+ multi-brand outlets.

Revenue , EBITDA and EBITDA Margins (INR Mn)

Q1-FY23 Revenue Breakup

35,000

Geographical

Business Segment

30,000

29,818

Distribution

Distribution

Global Operations

24,372

25,000

21,414

21,736

Manufacturing plants in Australia

14.94%

14%

19%

5

with a capacity of 11,000 MTPA

20,000

15,000

13.82%

15%

10.56%

40%

Market share in Australia

10,000

9.85%

7,291 9.02%

5,000

2,109

3,004

3,642

3,149

71%

81%

658

Manufacturing plant in Spain with

-

FY19

FY20

FY21

FY22

Q1-FY23

India

Australia

Home Comfort

1

a capacity of 17,000 MTPA to cater

to European and US markets

Revenues

EBITDA

EBITDA Margins

Europe

Technical Foam

Earnings Presentation August 2022

3

Q1-FY23

Performance

Highlights

Earnings Presentation August 2022

4

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Sheela Foam Ltd. published this content on 03 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 August 2022 05:11:08 UTC.