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Sheela Foam Ltd., parent company of Sleepwell and Kurlon, reported a 15% year-on-year rise in consolidated revenue for FY25, reaching ₹3,439 crore. The company posted ₹286 crore in EBITDA and ₹97 crore in net profit, driven by strong operational performance and successful integration of Kurlon.
On a standalone basis, revenue grew 38% YoY to ₹2,588 crore, with net profit at ₹112 crore. Mattress volumes rose 12% as Sleepwell maintained market leadership and Kurlon expanded regionally through sharper distribution and a stronger product portfolio.
The company’s e-commerce channel saw exceptional growth, reinforcing its leadership in online mattress sales. Its “Small Town India” initiative expanded to over 5,800 retail points, deepening presence in rural and semi-urban markets.
In the Comfort Foam segment, Sheela Foam added 1,000+ new dealers, supported by growing demand from the furniture, automotive, and technical foam sectors including aviation and insulation.
FY25 also saw several product innovations, including Sleepwell Pro FitRest and Kurlon DuoRest, along with a refreshed spring mattress lineup. Digitally, Sheela Foam enhanced customer engagement through high-performing social media content and activated over 3,000 stores on Google My Business to boost hyperlocal visibility.
“FY25 has been a foundational year,” said Executive Chairman Rahul Gautam. “We’ve made strong progress aligning teams, systems, and strategies post-merger, and improved margins reflect these synergies.”
Founded in 1971, Sheela Foam operates across Asia, Australia, and Europe and reaches Indian consumers through a 20,000+ retailer network.
