Investor Presentation

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: Investor Presentation Dear Sir/Madam, Furtherance to our intimation for investor call dated October 26, 2026 and pursuant to the regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith Investor Presentation on Un-Audited financial results for the quarter and half-year ended September 30, 2026. 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 SHEELA FO AM LI M I TED Earnings Presentation Q2 & H1 FY27 Sheela Foam: Safe harbour statement All statements included or incorporated by reference in this presentation, other than statements or characterizations of historical fact, are forward- looking statements. These forward-looking statements are based on our current expectations, estimates, and projections about our industry, management's beliefs, and certain assumptions made by us. Although Sheela Foam Limited (SFL) believes that the expectations reflected in such forward- looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. Any forward-looking statement speaks only as of the date on which such statement was made, and SFL undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. No assurance can be given that actual results, performance, or achievement expressed in, or implied by, forward-looking statements within this disclosure will occur, or if they do, that any benefits may be derived from them. Contents Founders with pedigree : ably supported by professionals Rahul Gautam – Chairman & MD Rakesh Chahar – Deputy MD & Whole time Director Tushaar Gautam - Vice Chairman & Joint MD Amit Kumar Gupta - Group CFO Company Snapshot Every input was hit by global turmoil; SFL answered with decisive action Polyol +65% | TDI +33% RM unavailability Crude oil +50% Affordability down Shipping disrupted Festive season shifted Shipping Freight +300% HOW SFL Brand Investment Assured supply +21% | ~39% ~Absolute Launched GSF with mega Continuous RM Price increases in EBITDA retained RESPONDED 21% scheme and higher procurement via long- mattress and foam advertising spend standing supplier relationships H1 FY27 - CONSOLIDATED Revenue Growth EBITDA* Growth 22% 23% YoY YoY H1 FY27 - STANDALONE Revenue Growth EBITDA Growth 3RD CONSECUTIVE 15%+ Growth QUARTER 18% 5% YoY YoY ₹ 1000 Cr + 1ST TIME EVER Revenue in Q2 *One-time receivable provisions of A.H. Beard in Australia Sheela Foam MATTRESS MATTRESS ₹ 87 cr ₹ 46 cr -0.2% Up 4.7X 8.3 26% ⇡ ⇡ -5% 8.4% 4.4% FOAM FOAM +331 bps -153bps VALUE GROWTH VOLUME GROWTH CONSOL. CASH EPS OPERATING EBITDA*^ PAT CONSOL. CONSOL. 7.8% 10.7% 6.4% 27.0% 39.5% STANDALONE JOYCE (AUSTRALIA) INTERPLASP STAQO FURLENCO EBITDA OPERATING EBITDA^ (SPAIN) EBITDA EBITDA EBITDA *Excluding Furlenco ^One-time receivable provisions of A.H. Beard in Australia Sheela Foam 1% ⇡ MATTRESS MATTRESS ₹ 200 cr ₹ 109 cr +23% Up 6.6X 18.7 26% ⇡ ⇡ -1% 9.6% 5.2% FOAM FOAM +5bps +427 bps VALUE GROWTH VOLUME GROWTH CONSOL. CASH EPS OPERATING EBITDA* PAT CONSOL. CONSOL. 8.4% 13.4% 10.7% 28.1% 38.8% STANDALONE JOYCE (AUSTRALIA) INTERPLASP STAQO FURLENCO EBITDA OPERATING EBITDA^ (SPAIN) EBITDA EBITDA EBITDA *Excluding Furlenco ^One-time receivable provisions of A.H. Beard in Australia Financial Highlights | H1 FY27 (YoY) Consolidated Standalone (SFL + KEL) S H E E L A F O A M G R O U P SFL today: a diversified B2C growth portfolio B R A N D S , O N E H O U S E L U X U R Y M A S S P R E M I U M Mattresses & Comfort R E T A I L R E N T A L Furniture & Living Foam & Cushioning A U S T R A L I A S P A I N Global Businesses Enterprise D I G I T A L S O L U T I O N C S R I N I T I A T I V E Technology & CSR Pro Forma Furlenco Consolidation | H1FY27 (₹cr) SFL GROUP REVENUE FURLENCO REVENUE COMBINED REVENUE 2,077 229 2,306 SFL GROUP EBITDA FURLENCO EBITDA COMBINED EBITDA 192 89 281 SFL GROUP EBITDA MARGIN FURLENCO EBITDA MARGIN COMBINED EBITDA MARGIN 9.2% 38.8% 12.2% Furlenco becomes SFL subsidiary w.e.f 1 Oct-26 Furlenco Turnaround (H1 FY24 H1 FY27) Business journey from when Furlenco was acquired to its latest H1 performance AT ACQUISITION · H1 FY24 LATEST · H1 FY27 CHANGE Revenue ₹69 Cr ₹229 Cr 3.3× Subscribers 56K 201K 3.6× AUM ₹242 Cr ₹599 Cr 2.5× EBITDA Margin -15% 39% +54 pts ROE -143% 18% Turned +ve Demonstrating SFL ability to identify and turn-around businesses Financial performance (₹ Cr) Standalone Consolidated SFL + KEL H1FY26 H1FY27 Change H1FY26 H1FY27 Change TOTAL REVENUE 1301 1542 18% 1696 2077 22% GROSS MARGIN 44.2% 38.5% -570 bps 44.7% 40.4% -428 bps OPERATING EBITDA % 9.4% 8.4% -106 bps 9.6% 9.6% 5 bps OPERATING EBITDA 123 129 5% 162 200 23% Provision* 0.0% -0.4% REPORTED EBITDA % 9.4% 8.4% -106 bps 9.6% 9.2% -32 bps *One-time receivable provisions of A.H. Beard in Australia Financial performance (₹ Cr) Standalone Consolidated SFL + KEL Q2 FY26 Q2 FY27 YoY Q1 FY27 QoQ Q2 FY26 Q2 FY27 YoY Q1 FY27 QoQ TOTAL REVENUE 667 781 17% 761 3% 875 1045 19% 1032 1% GROSS MARGIN 43.9% 39.4% -456 bps 37.6% 181 bps 44.7% 40.2% -451 bps 40.6% -38 bps OPERATING EBITDA % 9.4% 7.8% -159 bps 9.0% -119 bps 10.0% 8.4% -158 bps 10.9% -257 bps OPERATING EBITDA 63 61 -3% 68 -11% 87 87 0% 113 -23% Provision* -0.4% -0.4% REPORTED EBITDA % 9.4% 7.8% -159 bps 9.0% -119 bps 10.0% 8.0% -194 bps 10.6% -254 bps *One-time receivable provisions of A.H. Beard in Australia Operational Highlights | H1 FY27 (YoY) H1 FY27 Standalone – segment wise O N I N G A ) M N . A ) Q2 FY27 Standalone – segment wise Volume Value (Cr) Q2 FY26 Q2 FY27 YoY Q1 FY27 QoQ Q2 FY26 Q2 FY27 YoY Q1 FY27 QoQ MATTRESS - TOTAL 814 K 789 K -3% 859 K -8% 330 356 8% 369 -4% FOAM - TOTAL 12909 Tn 12314 Tn -5% 11764 Tn 5% 313 396 26% 365 9% TECHNICAL FOAM 5353 Tn 5158 Tn -4% 4579 Tn 13% 142 187 32% 163 14% COMFORT FOAM 6214 Tn 5880 Tn -5% 6129 Tn -4% 120 153 27% 156 -2% FURNITURE CUSHIONING 1343 Tn 1276 Tn -5% 1057 Tn 21% 52 57 9% 46 23% OTHERS 24 29 23% 27 7% TOTAL 667 781 17% 761 3% INTERNATIONAL BUSINESS & STAQO Australia | Q2 & H1 FY27 ₹ Cr. 2 6 Q 2 7 Q 2 7 H 2 6 H Spain | Q2 & H1 FY27 ₹ Cr. Q2 FY26 Q1 FY27 Q2 FY27 H1FY26 H1FY27 TOTAL REVENUE 93 133 125 179 258 Gross Margin 33.6% 34.0% 26.1% 31.9% 30.2% OTHER EXPENSES 22.7% 19.3% 19.7% 23.5% 19.5% EBITDA 10.9% 14.7% 6.4% 8.4% 10.7% STAQO : Q2 & H1 FY27 ₹ Cr. T O T A N U E 2 6 Q 2 7 Q 2 7 H SFL | ESG & CSR Initiatives Strategy plan for Sustainability 2030 5 Sustainable Developmental Goals (SDG) identified for 2030 Sustainability plan SUSTAINABLE DEVELOPMENT GOALS 2025 2026 2027 2030 Gender Diversity 5.81% 7.9% 8.2% 10% Energy - Solar 3.2MW 3.7 MW 3.7MW 5.4MW Waste Generation 15% 14.5% 14.4% 13% (Reduction) Internal Internal Safety Internal Audits ISO 45001 Audits Audits Training Hours / - 12 19 WIP Employee* *Recently added Environment ENERGY WATER WASTE REDUCE WATER CONSUMPTION MONETIZE WASTE & INTENSITY REDUCE DISPOSAL COST FY26 - 44.5 KL/Person FY26 – 14.5% FY27YTM – 39 KL/Person FY27YTM—14.4% FY30 - 39 KL/Person FY30 – 13%* INITIATIVES • 1000+ kWp solar power project in • A new 30 KLD STP planned at Gwalior • Kaizens for value recovery; Reduce & progress at Erode, Talwada & Nandigram Redesign [Showing first 8,000 characters — download PDF for full document]