Press Release

November 02, 2026 The BSE Limited The National Stock Exchange India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Bandra Kurla Complex Dalal Street, Mumbai-400001 Bandra (E), Mumbai-400051 Scrip code: 540203 NSE Symbol: SFL Subject: Press Release Dear Sir/Madam, Please find attach the Press Release with respect to un-audited financial results of the company for the quarter and half-year ended September 30, 2026 to dissemination as per Regulations 30 of Stock Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015. Please take the above information on record. Thanking You, Yours truly, For Sheela Foam Limited (Md. Iquebal Ahmad) Company Secretary & Compliance Officer SHEELA FOAM LTD. #14, Sleepwell Tower, Sector 135, Noida- 201301 Ph: Int-91-120-4868400 •Email: investorrelation@sheelafoam.com • contactus@sheelafoam.com Regd. Office: 1002 to 1006 The Avenue, International Airport Road, Opp Hotel Leela Sahar, Andheri East, Mumbai, Maharashtra, India, 400059 • Ph: Int-91-22-28265686/88/89 Toll Free: 1800 103 6664 • www.sleepwellproducts.com • www.sheelafoam.com CIN- L74899MH1971PLC427835 Press release – Sheela Foam Limited Q2 & H1 FY27 Results Update SFL records 15%+ growth with ₹1000cr+ revenue in 3rd consecutive quarter. H1 FY27 Operating EBITDA up 23% and PAT up 6.6x YoY. Furlenco (House of Kieraya) becomes a subsidiary w.e.f 1st Oct’26 • Consolidated revenue up 19% YoY to ₹ 1,045 cr in Q2; up 22% to ₹ 2,077 cr in H1 FY27 • Consolidated PAT at ₹ 46 cr in Q2 (4.7x YoY) and ₹ 109 cr in H1 FY27 (6.6x YoY) • Consolidated operating EBITDA at ₹ 87 cr in Q2 (flat YoY); ₹ 200 cr in H1 FY27 (up 23% YoY) • Consolidated cash EPS: Q2 ₹ 8.3; H1 FY27 ₹ 18.7 • E-commerce sales on brand.com up 59% YoY in H1 FY27, U20 sales up 41% YoY • Mattress: Q2 value up 8%; H1 value up 11% • Foam: Q2 value up 26%; H1 value up 26% 2nd November 2026: Sheela Foam Limited announced its Q2 & H1 FY27 financial results on 2nd November 2026. The key highlights are as follows: Consolidated (₹ cr) Particulars H1 FY26 H1 FY27 Variance Q2 FY26 Q2 FY27 Variance Revenue 1,696 2,077 22% 875 1,045 19% Operating EBITDA 162 200 23% 87 87 - PAT 17 109 6.6x 10 46 4.7x *Operating EBITDA excludes a one-time receivable provision for A.H. Beard, Australia SHEELA FOAM LTD. #14, Sleepwell Tower, Sector 135, Noida- 201301 Ph: Int-91(0)-120-4868400 •Email: contactus@sheelafoam.com Regd. Office: 1002 to 1006 The Avenue International Airport Road, Opp Hotel Leela Sahar, Andheri East, Mumbai, Maharashtra, India, 400069 • Ph: Int-91(0)-22-28265686/88/89 Toll Free: 1800 103 6664 • www.mysleepwell.com • www.sheelafoam.com CIN- L74899MH1971PLC427835 Operational & Financial Highlights: H1 FY27 • Mattress segment grew by 11% and foam segment by 26% • Revenue grew by 22% YoY to ₹ 2,077 cr from ₹ 1,696 cr on account of higher growth in both mattress and foam segments. • Operating EBITDA grew by 23% to ₹ 200 cr from ₹ 162 cr • PAT of ₹ 109 cr, up from ₹ 17 cr in H1 FY26, with cash EPS of ₹ 18.7 Operational & Financial Highlights: Q2 FY27 • Revenue grew by 19% YoY to ₹ 1,045 cr from ₹ 875 cr, led by growth in both mattress and foam segments and strong growth in Spain and Australia • Mattress value grew by 8%, volume declined by 3% due to shift of festive season • Foam business grew by 26%, volume taper by 5% as higher raw material costs were passed through in pricing • Despite sharp increases in polyol and TDI prices and higher brand investment for the Great Sleepwell Festival, Operating EBITDA stood at ₹ 87 cr against ₹ 87 cr in Q2 FY26 • PAT of ₹ 46 cr, up from ₹ 10 cr YoY, aided by lower finance costs & depreciation; Cash EPS at ₹ 8.3 Mr. Rahul Gautam (Chairman & Managing Director) commenting on the results said that since the West Asia crisis began in Feb’26, the environment has been highly disruptive, with raw material prices rising sharply, putting pressure on demand and the festive season shifting into Q3. We responded with balanced price increases, higher advertising and consumer offers. We crossed ₹1,000 crore of revenue, up 19% YoY, and growing H1 Operating EBITDA by 23%, and also protecting our profitability in absolute terms. This reflects the strength of our brands, our supplier relationships and the discipline of our teams. With Furlenco becoming our subsidiary from 1st October, Sheela Foam is now a full B2C portfolio company, with leadership in mattresses, foam and now furniture rentals. We have also embarked in branded furniture space through our flagship brands. Sheela Foam is now poised as a larger, far more diversified group, with a presence across categories, channels and geographies. About Sheela Foam Limited Leading the science of comfort in three continents, Sheela Foam is an Indian multinational company. Among the most R&D-focused foam manufacturers globally, Sheela Foam is a leading producer of polyurethane (PU) foam operating across Asia, Australia, and Europe. Founded in 1971, the company has always focused on delivering comfort to its consumers through its products. In India, its flagship brands - Sleepwell and Kurlon serve the comfort needs of over a billion people, reaching all states through a network of 11,000+ retail touchpoints. A strong practitioner of giving back to society, Sheela Foam has taken diverse initiatives for emotional wellness and multi-dimensional skill development under the Sleepwell Foundation. For further information please contact: Mr. Nikunj Jain nikunj.jain@sheelafoam.com Mr. Iquebal Ahmad iquebal.ahmad@sheelafoam.com Media Contact: Mr. Ajay Pandey ajay.pandey@sheelafoam.com 9015670673 SHEELA FOAM LTD. #14, Sleepwell Tower, Sector 135, Noida- 201301 Ph: Int-91(0)-120-4868400 •Email: contactus@sheelafoam.com Regd. Office: 1002 to 1006 The Avenue International Airport Road, Opp Hotel Leela Sahar, Andheri East, Mumbai, Maharashtra, India, 400069 • Ph: Int-91(0)-22-28265686/88/89 Toll Free: 1800 103 6664 • www.mysleepwell.com • www.sheelafoam.com CIN- L74899MH1971PLC427835