Sheela Foam Shares Soar 16% on Stellar Q3 Earnings, Biggest Gain Since Listing

• Sheela Foam Ltd. shares surged over 16% on Wednesday, February 4, marking its largest single-day gain since its December 2019 listing.
• The company reported a net profit jump of over three times to ₹52.57 crore, a 213% increase from ₹16.8 crore in the previous year's Q3.
• Revenue grew 11.1% to ₹1,075 crore, up from ₹967 crore, while EBITDA increased 30% to ₹115 crore.
• Margins expanded to 11% from 9.11%, driven by 11% growth in mattress volume and 20% growth in foam value in Q3 FY26.
• Sheela Foam launched 607 new showrooms in the first nine months of FY26, nearing its target of 700 for the fiscal year.

Why It Matters: Sheela Foam's strong Q3 results, with triple-digit profit growth, fueled a significant stock rally.