Sheela Foam Limited (SFL) - Net Assets
Based on the latest financial reports, Sheela Foam Limited (SFL) has net assets worth Rs30.87 Billion INR (≈ $333.86 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs51.77 Billion ≈ $559.87 Million USD) and total liabilities (Rs20.90 Billion ≈ $226.01 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Sheela Foam Limited (SFL) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs30.87 Billion |
| % of Total Assets | 59.63% |
| Annual Growth Rate | 26.96% |
| 5-Year Change | 159.43% |
| 10-Year Change | 814.34% |
| Growth Volatility | 18.73 |
Sheela Foam Limited - Net Assets Trend (2012–2025)
This chart illustrates how Sheela Foam Limited's net assets have evolved over time, based on quarterly financial data. See SFL defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Sheela Foam Limited (2012–2025)
The table below shows the annual net assets of Sheela Foam Limited from 2012 to 2025. For live valuation and market cap data, see Sheela Foam Limited (SFL) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs30.96 Billion ≈ $334.78 Million |
+3.85% |
| 2024-03-31 | Rs29.81 Billion ≈ $322.35 Million |
+85.29% |
| 2023-03-31 | Rs16.09 Billion ≈ $173.97 Million |
+14.89% |
| 2022-03-31 | Rs14.00 Billion ≈ $151.43 Million |
+17.35% |
| 2021-03-31 | Rs11.93 Billion ≈ $129.04 Million |
+28.63% |
| 2020-03-31 | Rs9.28 Billion ≈ $100.32 Million |
+27.05% |
| 2019-03-31 | Rs7.30 Billion ≈ $78.96 Million |
+22.24% |
| 2018-03-31 | Rs5.97 Billion ≈ $64.59 Million |
+28.89% |
| 2017-03-31 | Rs4.63 Billion ≈ $50.11 Million |
+36.87% |
| 2016-03-31 | Rs3.39 Billion ≈ $36.61 Million |
+38.17% |
| 2015-03-31 | Rs2.45 Billion ≈ $26.50 Million |
+24.66% |
| 2014-03-31 | Rs1.97 Billion ≈ $21.26 Million |
+15.95% |
| 2013-03-31 | Rs1.70 Billion ≈ $18.33 Million |
+21.93% |
| 2012-03-31 | Rs1.39 Billion ≈ $15.04 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Sheela Foam Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1966.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs17.82 Billion | 58.71% |
| Common Stock | Rs543.50 Million | 1.79% |
| Other Comprehensive Income | Rs29.81 Billion | 98.21% |
| Total Equity | Rs30.35 Billion | 100.00% |
Sheela Foam Limited Competitors by Market Cap
The table below lists competitors of Sheela Foam Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fujian Tianma Science and Technology Group Co Ltd
SHG:603668
|
$823.78 Million |
|
ITE Tech Inc
TW:3014
|
$823.89 Million |
|
AIAI Holdings Corporation Class A Common Stock
NASDAQ:AIAI
|
$824.08 Million |
|
Molinos Agro SA
BA:MOLA
|
$824.08 Million |
|
Barclays PLC
LSE:BARC
|
$823.56 Million |
|
Logwin AG
XETRA:TGHN
|
$823.46 Million |
|
JC Finance & Tax Interconnect Holdings Ltd
SHE:002530
|
$823.23 Million |
|
Baotou Huazi Industry Co Ltd
SHG:600191
|
$823.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sheela Foam Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 29,201,900,000 to 30,352,000,000, a change of 1,150,100,000 (3.9%).
- Net income of 960,900,000 contributed positively to equity growth.
- Dividend payments of 900,000 reduced retained earnings.
- Other comprehensive income increased equity by 29,346,100,000.
- Other factors decreased equity by 29,156,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs960.90 Million | +3.17% |
| Dividends Paid | Rs900.00K | -0.0% |
| Other Comprehensive Income | Rs29.35 Billion | +96.69% |
| Other Changes | Rs-29.16 Billion | -96.06% |
| Total Change | Rs- | 3.94% |
Book Value vs Market Value Analysis
This analysis compares Sheela Foam Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.51x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 49.43x to 2.51x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-03-31 | Rs14.17 | Rs700.65 | x |
| 2013-03-31 | Rs17.53 | Rs700.65 | x |
| 2014-03-31 | Rs20.15 | Rs700.65 | x |
| 2015-03-31 | Rs25.12 | Rs700.65 | x |
| 2016-03-31 | Rs34.70 | Rs700.65 | x |
| 2017-03-31 | Rs47.50 | Rs700.65 | x |
| 2018-03-31 | Rs61.22 | Rs700.65 | x |
| 2019-03-31 | Rs74.83 | Rs700.65 | x |
| 2020-03-31 | Rs95.10 | Rs700.65 | x |
| 2021-03-31 | Rs122.45 | Rs700.65 | x |
| 2022-03-31 | Rs143.98 | Rs700.65 | x |
| 2023-03-31 | Rs165.47 | Rs700.65 | x |
| 2024-03-31 | Rs282.61 | Rs700.65 | x |
| 2025-03-31 | Rs278.91 | Rs700.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sheela Foam Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.17%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.79%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 1.80x
- Recent ROE (3.17%) is below the historical average (16.61%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 5.62% | 0.74% | 1.90x | 3.98x | Rs-60.29 Million |
| 2013 | 18.20% | 2.68% | 2.03x | 3.34x | Rs138.98 Million |
| 2014 | 14.16% | 2.19% | 2.03x | 3.18x | Rs81.83 Million |
| 2015 | 17.41% | 3.01% | 2.09x | 2.77x | Rs181.69 Million |
| 2016 | 30.93% | 6.76% | 1.96x | 2.33x | Rs708.57 Million |
| 2017 | 26.94% | 7.15% | 1.90x | 1.98x | Rs784.96 Million |
| 2018 | 22.39% | 6.81% | 1.88x | 1.75x | Rs739.82 Million |
| 2019 | 18.32% | 6.25% | 1.84x | 1.59x | Rs607.30 Million |
| 2020 | 21.03% | 8.91% | 1.31x | 1.80x | Rs1.01 Billion |
| 2021 | 20.07% | 9.77% | 1.17x | 1.75x | Rs1.19 Billion |
| 2022 | 15.61% | 7.59% | 1.21x | 1.70x | Rs780.73 Million |
| 2023 | 12.43% | 6.92% | 1.06x | 1.69x | Rs388.91 Million |
| 2024 | 6.25% | 6.07% | 0.56x | 1.83x | Rs-1.10 Billion |
| 2025 | 3.17% | 2.79% | 0.63x | 1.80x | Rs-2.07 Billion |
Industry Comparison
This section compares Sheela Foam Limited's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $6,175,025,684
- Average return on equity (ROE) among peers: 9.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sheela Foam Limited (SFL) | Rs30.87 Billion | 5.62% | 0.68x | $823.73 Million |
| Archidply Decor Limited (ADL) | $501.56 Million | -2.25% | 0.67x | $4.08 Million |
| Airo Lam limited (AIROLAM) | $724.06 Million | 3.73% | 1.99x | $14.06 Million |
| Amber Enterprises India Limited (AMBER) | $3.35 Billion | 6.61% | 2.84x | $3.00 Billion |
| AVRO INDIA LIMITED (AVROIND) | $25.04 Million | 1.95% | 0.92x | $1.48 Million |
| Bajaj Electricals Limited (BAJAJELEC) | $19.07 Billion | 11.34% | 1.45x | $406.38 Million |
| Borosil Limited (BOROLTD) | $6.61 Billion | 5.41% | 0.28x | $299.07 Million |
| Butterfly Gandhimathi Appliances Limited (BUTTERFLY) | $1.89 Billion | 5.05% | 1.45x | $125.61 Million |
| CARYSIL LIMITED (CARYSIL) | $1.20 Billion | 9.99% | 1.17x | $368.90 Million |
| Cello World Limited (CELLO) | $13.70 Billion | 24.17% | 0.44x | $932.11 Million |
| Crompton Greaves Consumer Electricals Limited (CROMPTON) | $14.68 Billion | 33.81% | 0.87x | $1.92 Billion |
About Sheela Foam Limited
Sheela Foam Limited engages in the manufacture and sale of polyurethane foams and mattresses in India and internationally. The company provides various technical foams, such as automotive, reticulated, and ultraviolet stable foams. It also offers comfort foam and home care products, such as foam sheets, foam blocks, comfort range accessories, foam cores, bed sheets, pillows, and furniture cushion… Read more