Sheela Foam Share Price

Sheela Foam Limited Stock Trends in 2018

1. The share price of Sheela Foam Limited at the beginning of January 2018 was Rs.1749. The share price decreased to a great extent by the middle of the month to Rs.1640. The price of the stock dipped further in the second half of the month and closed at Rs.1595.
2. In February, the price of the stock opened at Rs.1588 and was steady throughout the month. By the middle of the month, the stock price had crossed the Rs.1590 mark. The share price in the second half of the month was steady and then decreased, closing at Rs.1554.
3. The month of March did not prove beneficial for the investors. The price of the stock at the beginning of the month was Rs.1587 and by the middle of the month, had decreased to Rs.1528. In the second half of the month, the price of the stock decreased further and closed at Rs.1512.
4. In April, the share price opened at an increased price of Rs.1529 and increased in the first half of the month. By the middle of the month, the stock price was Rs.1538. However, in the second half of the month, the price decreased to Rs.1500 and closed at Rs.1520.
5. May did not prove to be beneficial for the company as well as the investors. At the beginning of the month, the share price was Rs.1497. The price of the stock decreased drastically in the second half of the month and hit its 52-week low at Rs.1325. The share price increased in the last week of the month and closed at Rs.1415.
6. The share price in June opened at Rs.1460. It increased in the first half of June and by the middle of the month, the price had crossed the Rs.1500 mark. The price of the stock was steady in the second half of the month and closed at Rs.1497.
7. In July, the stock price opened at Rs.1488 and fluctuated throughout the first half of the month. By the middle of the month, the price of the stock was Rs.1488. The share price in the second half of June decreased and closed at Rs.1487.
8. The month of August proved to be beneficial for the investors. The stock price at the beginning of the month was Rs.1496 and by the middle of the month had increased to Rs.1629. In the second half of the month, the share price increased and closed at Rs.1660.
9. September was a profiting month for the investors. The stock price increased throughout the month starting at Rs.1669. By the middle of the month, the price of the stock had hit its 52-week high at Rs.1764. In the second half of the month, the share price fluctuated and closed at Rs.1760.
10. In the month of October, the investors were not benefited due to the stock market fluctuations. The share price decreased throughout the month opening at Rs.1671 and dropping to Rs.1562 by the middle of the month. In the second half of October, the share price fell further and closed at Rs.1483.
11. The price of the stock in November opened at Rs.1515 and increased to Rs.1564 in the first week of the month. The share price decreased to Rs.1374 by the middle of the month. In the second half of November, the share price recovered and closed at Rs.1394.

Sheela Foam Limited Stock Trends in 2017

1. The share price of Sheela Foam Limited opened the month of January 2017 at Rs.930 and increased to Rs.990 by the middle of the month. The price of the stock in the second half of the month decreased and closed at Rs.965.
2. In the month of February, the price of the stock opened at Rs.980 and increased throughout the month. The share price crossed the Rs.1000 mark by the middle of the month and closed at Rs.1068.
3. The price of the stock opened the month of March at Rs.1068 and hit the Rs.1100 mark by the middle of the month. The share price remained steady throughout the second half of the month, closing at Rs.1093.
4. In April, the share price opened at Rs.1130 and increased throughout the month. By the middle of the month, the price of the stock reached Rs.1146. The price of the stock in the second half of the month increased and closed at Rs.1251.
5. The stock price in the first week of May hit the Rs.1400 mark. By the middle of the month, the share price had decreased to Rs.1365. In the second half of the month, the price of the stock was steady and closed at Rs.1290.
6. In June, the stock price opened at Rs.1316 and increased to Rs.1369 by the middle of the month. However, the share price decreased in the second half of the month and closed at Rs.1340.
7. The share price fluctuated throughout the month in July. Starting the month at Rs.1291 and crossed the Rs.1300 mark by the middle of the month. In the second half of July, the stock price decreased in the last week and closed at Rs.1268.
8. Rs.1301 was the price of the stock at the beginning of August. By the middle of the month, the share price decreased by Rs.15 to Rs.1275. However, in the second half of August, the price of the stock recovered and closed at Rs.1307.
9. In September, the share price opened the month at Rs.1327 and increased to Rs.1373 by the middle of the month. Early in the second half of the month, the stock price increased to Rs.1557 but gradually decreased. The price of the stock closed at Rs.1488.
10. The stock price opened the month of October at Rs.1494 but decreased to Rs.1413 by the middle of the month. The share price decreased throughout the second half of the month and closed at Rs.1380.
11. In November, the share price at the beginning of the month was Rs.1396. By the middle of November, the price of the stock had crossed the Rs.1500 mark. The month proved beneficial for the investors in the second half of the month as the share price hit its 52-week high at Rs.1803.
12. The share price dipped in the first week of December and opened at Rs.1784 and by the middle of the month decreased to Rs.1734. The price of the stock decreased further in the second half of December and closed at Rs.1695.

Should you invest in Sheela Foam Limited Shares?

1. Sheela Foam Limited has been a pioneer in the manufacturing of polyurethane(PU) foam and using it for the products they manufacture and sell. There are many brands which Sheela Foam Limited is known for such as Sleepwell mattresses, Featherfoam and Lamiflex. The company aims in providing comfortable accessories for its customers.
2. The company reported a YoY growth in production volume of foam.
3. Coming to the net revenue from operations, Sheela Foam Limited's standalone operational and financial performance has shown a YoY increase. The net revenue from operations in 2016-2017 was Rs.1445.9 crore which increased to Rs.1666.8 crore in the 2017-2018 financial year.
4. The company's return on net worth, however, has decreased on a YoY basis. In FY 2016-2017, 26.2 % was the return on net worth of the company which decreased to 22.9% in FY 2017-2018.
5. According to the consolidated summary of operational and financial performance, the company's net revenue from operations has also shown a YoY increase. In FY 2016-2017, Rs.1750.0 crore was the net revenue from operations which increase to Rs.1975.6 crore at the end of FY 2017-2018.
6. In the consolidated summary, the return on net worth of the company showed a 5% decrease YoY. From 29% at the end of FY 2016-2017, it reduced to 22% by the end of FY 2017-2018.
7. The company's net profit based on the production of foam has also decreased YoY. In the FY 2016-2017, the net profit according to the consolidated report was 7.2% which reduced to 6.7% in FY 2017-2018.
8. The net cash inflow from operating activities has increased YoY. At the end of March 2018, the net cash inflow of the company was Rs.102.12 crore which increased to Rs.113.72 crore at the end of September 2018.
9. Coming to the stock market, the share price of Sheela Foam Limited has fluctuated throughout the year. Reaching the 52-week low before the middle of the year, the stock price hit the 52-week high later in the year, in October. The price of the stock has decreased but steady. This can prove to be beneficial to a long-term investor, however, it is strongly suggested to research thoroughly before investing.

Company Information

Sheela Foam Limited is among the leading companies in the manufacturing and production of Polyurethane(PU) foam. This foam is used by the company in the making of their home accessories such as sleeping mattresses.

Some of the most well-renowned brands of Sheela Foam Limited is Sleepwell which is the brand of mattress used and preferred by people all over the country and abroad. Apart from this, Feather Foam is a pure form of PU foam manufactured by the company and exported as well. The other well-known brand by the company is Lamiflex which is a high-quality polyester foam mainly used for lamination.

The company aims in providing accessories which enhance convenience and comfort for the people.

History of the company

Sheela Foam Limited Private Limited was founded under the Sheela Foam Limited in 1971. In the year 1993, the 'Sleepwell' brand was launched by the company.

In 1998, the company introduced their rubberized coir products under the brand name 'Starlite'. Post this, Sheela Foam Limited tied up with Serta, United States of America and Dunlopillo, the United Kingdom for the manufacture of mattresses.

In 2006, Sheela Foam Limited tied up with the Woodbridge Group from Canada in a joint venture for the manufacture of moulded Polyurethane foam.

The company introduced the 'My Mattress ' concept which allows the customer to choose the right mattress for themselves.

Management of the company

Sheela Gautam - Founder and Chairperson

Sheela Gautam is the Founder and the Chairperson of Sheela Foam Limited. She has been involved with the company since its inception and also after moving out of the company and into politics.

Sheela Gautam is a well-known politician and has been elected as an MP for Lok Sabha for four terms and has served as a consultant in various other government organizations such as the Health and Family Welfare, Railways, Public Undertakings, Petroleum and Natural Gas and also been active in the Empowerment of Women.

Rahul Gautam - Managing Director

Rahul Gautam is the Managing Director of Sheela Foam Limited and also serves as the Chairman of Joyce Pty Limited, Australia which.

Under Rahul Gautam's leadership and experience in the industry, Sheela Foam Limited had acquired the business of Polyurethane Foam & Polystyrene of M/s. Joyce Foam, Australia, and also headed the joint venture of the company with M/s. Woodbridge group, Canada and A.H. Beard, Australia.

Sheela Foam Limited listings in the NSE, BSE and Stock Market Indices:

Sheela Foam Limited has been listed in the National Stock Exchange and the Bombay Stock Exchange which are the two major stock exchanges in the country.

1. NSE Code - SFLEQ
2. BSE Code - 540203
3. ISIN - INE916U01025
4. Sector - Petrochemicals

Registered Office:

37/2, Site-IV,

Sahibabad Industrial Area, Ghaziabad,

U.P - 201 010 (India).

Phone Number - +91 120 4512260

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The contents of this post/blog do not constitute financial or other professional advice nor does it imply in any manner a principal-agent relationship, and is not professional advice on a specific financial matter.