Which companies are Sheela Foam's closest peers?

The cockpit's peer set: Wuxi Holyview Microelectronics (603375.SS), Tianjin Jiuri New Materials (688199.SS), Borosil Renewables (BORORENEW.NS), KeePer Technical Laboratory (6036.T), ZACROS (7917.T), New East New Materials (603110.SS), Fineotex Chemical (FCL.NS), Hubei Sanxia New Building Materials (600293.SS).

How has Sheela Foam stock performed?

Over six months to 6 Nov 2026 the shares returned -7.5% against -4.3% for the median peer; over one year -23.6%.

← CockpitCompetitor Analysis › SFL.NS Sheela Foam Ltd.Open in the cockpit ↗

Sheela Foam Ltd.SFL.NSCompetitor analysis, valuation and peers

India · INR·Chemicals›Industrial Specialties

Momentum laggard 16

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$614M

US dollars, full cap

Free float

35%

of shares outstanding

$/day

$1.40M

20-day average traded

Fwd P/E

24.3×

forward earnings

ROIC−WACC

-7.3 pp

WACC 12.3%

Hurdle

+14 pp

Req g minus delivered

Next earnings

89 days

3 Feb 2027

Close · INR₹530.60

1D+0.1%

1W-2.2%

1M-14.4%

3M-23.9%

6M-7.5%

YTD-9.2%

1Y-23.6%

ATR %4.4%

Beta0.87

52w lowhigh36.3% off high

What Sheela Foam does

Employees: 5,854

Sheela Foam at a glance

Size Sheela Foam (SFL.NS) is an India Materials company (Industrial Specialties) with a market value of $614M, the 770th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹530.60 on 6 Nov 2026.

Performance Over six months the shares fell 7.5%, against -4.3% for the median peer and 0.0% for the India market (cap-weighted) — 10th lowest of 21 in its peer set.

Growth Revenue grew 19.6% over the last twelve months (peer median +2.7%); the operating margin is 6.5% (peer median 3.4%).

Valuation It trades at 24.3× forward earnings against a peer median of 18.9× (7th most expensive of 14).

Price implies For today's price to make sense, revenue must grow about 23% a year for seven years (Req g). Recent delivered growth is +9%, so the hurdle is +14 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.

Capital Return on invested capital runs 7.3 points below its cost of capital (12.3% WACC).

Next results Next results expected around 3 Feb 2027 (exchange calendar; dates can move).

Relative performance

Six months, rebased to 100: Sheela Foam against the median of its 20 peers (local-currency closes).

Sheela Foam financials

Reported figures in INR; fiscal year ends 2026-03-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	₹42.0B	₹38.2B	₹34.3B	₹29.8B	₹28.7B
Revenue growth	—	+11%	+15%	+4%	—
Gross profit	₹9.22B	₹8.45B	₹6.61B	₹6.64B	₹6.48B
EBITDA	₹4.23B	₹4.14B	₹2.52B	₹3.09B	₹3.20B
Net income	₹2.51B	₹1.60B	₹894M	₹1.82B	₹1.99B
Free cash flow	n/a	₹2.48B	₹996M	-₹3.18B	₹365M
Capital expenditure	n/a	₹1.39B	₹1.46B	₹23.5B	₹2.17B
Total debt	₹8.53B	₹9.08B	₹14.6B	₹14.9B	₹5.71B

Quarterly statements and history in the cockpit →

Sheela Foam competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

Up and to the right = strong over both horizons. Sheela Foam is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Sheela Foam is the large dot.

Capital: growth delivered against growth the price implies

Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Sheela Foam is the large dot.

Sheela Foam competitors and peer comparison

How Sheela Foam compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Sheela Foam against its 20 peers (data as of 6 Nov 2026)
Measure	SFL.NS	Peer median	Rank in peer set
1-month return	-14.4%	-6.8%	5th lowest of 21
6-month return	-7.5%	-4.3%	10th lowest of 21
Distance from 52-week high	-36.3%	-27.4%	8th lowest of 21
Revenue growth (TTM)	+19.6%	+2.7%	2nd highest of 21
Operating margin	6.5%	3.4%	10th highest of 21
Forward P/E	24.3×	18.9×	7th most expensive of 14
Growth the price implies (Req g, 7 yrs)	23.3%	4.3%	3rd most demanding of 11
Growth delivered (Del g)	+9.4%	+5.4%	5th highest of 11
Hurdle (Req g minus delivered)	+13.9 pp	-4.0 pp	3rd most demanding of 11
ROIC minus cost of capital	-7.3 pp	-3.9 pp	10th lowest of 21
EV / EBITDA	15.4×	7.2×	4th most expensive of 12
Net debt / EBITDA	1.6×	-0.0×	5th most indebted of 12

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g	Delivered g
Sheela Foam SFL.NS	India	$614M	-7%	+20%	6%	24.3×	23.3%	+9.4%
Wuxi Holyview Microelectronics 603375.SS	China	$618M	-10%	-17%	-9%	n/a	53.9%	+17.3%
Tianjin Jiuri New Materials 688199.SS	China	$628M	-3%	+15%	3%	64.5×	n/a	n/a
Borosil Renewables BORORENEW.NS	India	$628M	-29%	+11%	26%	n/a	12.7%	+25.4%
KeePer Technical Laboratory 6036.T	Japan	$631M	+24%	+12%	27%	15.6×	-2.6%	+17.1%
ZACROS 7917.T	Japan	$596M	-11%	+6%	7%	12.5×	n/a	n/a
New East New Materials 603110.SS	China	$633M	-5%	-5%	2%	n/a	n/a	n/a
Fineotex Chemical FCL.NS	India	$635M	+86%	+91%	15%	34.4×	n/a	n/a
Hubei Sanxia New Building Materials 600293.SS	China	$640M	+15%	-34%	-21%	n/a	n/a	n/a
Shanghai Yaohua Pilkington Glass 600819.SS	China	$643M	-24%	0%	2%	30.7×	n/a	n/a
Konishi 4956.T	Japan	$643M	+9%	+7%	9%	12.3×	-10.1%	+4.9%
Rain Industries RAIN.NS	India	$645M	+35%	+17%	10%	12.4×	n/a	n/a
Mativ MATV	United States	$646M	+27%	+1%	4%	11.0×	6.2%	+13.0%
Central Glass 4044.T	Japan	$648M	0%	+4%	8%	10.6×	-6.5%	-5.4%
Tianyang New Materials (Shanghai) Technology 603330.SS	China	$579M	+21%	-35%	-29%	n/a	10.6%	+4.2%
Shenzhen Xinhao Photoelectricity Technology 301051.SZ	China	$577M	-19%	-23%	-26%	n/a	n/a	n/a
Keshun Waterproof Technologies 300737.SZ	China	$656M	-41%	-12%	-8%	34.2×	-15.7%	-0.6%
Lucky Film 600135.SS	China	$568M	-40%	+14%	-4%	n/a	n/a	n/a
Guangdong Silver Age Sci & Tech 300221.SZ	China	$667M	-16%	+7%	7%	26.3×	27.7%	+6.0%
SGL Carbon SGL.DE	Germany	$668M	+2%	-16%	8%	18.9×	2.3%	-1.6%
Changzhou Almaden Stock 002623.SZ	China	$558M	-11%	-22%	-11%	56.7×	n/a	n/a

Questions

Which companies are Sheela Foam's closest peers?: The cockpit's peer set: Wuxi Holyview Microelectronics (603375.SS), Tianjin Jiuri New Materials (688199.SS), Borosil Renewables (BORORENEW.NS), KeePer Technical Laboratory (6036.T), ZACROS (7917.T), New East New Materials (603110.SS), Fineotex Chemical (FCL.NS), Hubei Sanxia New Building Materials (600293.SS).
Is Sheela Foam expensive compared with its peers?: On forward p/e it trades at 24.3× against a peer median of 18.9×, 7th most expensive of 14 in its peer set. For today's price to make sense, revenue must grow about 23% a year for seven years (Req g). Recent delivered growth is +9%, so the hurdle is +14 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
How has Sheela Foam stock performed?: Over six months to 6 Nov 2026 the shares returned -7.5% against -4.3% for the median peer; over one year -23.6%.