Sheela Foam Limited (SFL) - Net Assets

Latest as of September 2025: Rs30.87 Billion INR ≈ $333.86 Million USD

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 liquidity resilience to evaluate the company's liquid asset resilience ratio.

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. Also explore Sheela Foam Limited asset portfolio for the complete picture of this company's asset base.

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
Basellandschaftliche Kantonalbank SW:BLKB	$613.95 Million
Haixia Envrnmnt SHG:603817	$613.98 Million
Regal Partners Ltd AU:RPL	$614.07 Million
Selamat Sempurna Tbk JK:SMSM	$614.13 Million
SNT Holdings Co Ltd KO:036530	$613.61 Million
Autohellas S.A. AT:OTOEL	$613.49 Million
Technocraft Industries (India) Limited NSE:TIIL	$613.29 Million
HANGZHOU TIGERMED CO. H 1 F:5HZ1	$613.21 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: 1.87x
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 36.83x to 1.87x 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	Rs522.05	x
2013-03-31	Rs17.53	Rs522.05	x
2014-03-31	Rs20.15	Rs522.05	x
2015-03-31	Rs25.12	Rs522.05	x
2016-03-31	Rs34.70	Rs522.05	x
2017-03-31	Rs47.50	Rs522.05	x
2018-03-31	Rs61.22	Rs522.05	x
2019-03-31	Rs74.83	Rs522.05	x
2020-03-31	Rs95.10	Rs522.05	x
2021-03-31	Rs122.45	Rs522.05	x
2022-03-31	Rs143.98	Rs522.05	x
2023-03-31	Rs165.47	Rs522.05	x
2024-03-31	Rs282.61	Rs522.05	x
2025-03-31	Rs278.91	Rs522.05	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: $4,910,730,704
Average return on equity (ROE) among peers: 14.17%

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	$613.76 Million
Archidply Decor Limited (ADL)	$501.56 Million	-2.25%	0.67x	$4.46 Million
Airo Lam limited (AIROLAM)	$698.70 Million	11.22%	1.74x	$13.99 Million
Amber Enterprises India Limited (AMBER)	$16.41 Billion	4.97%	1.19x	$3.05 Billion
AVRO INDIA LIMITED (AVROIND)	$121.42 Million	7.03%	0.65x	$18.30 Million
Bajaj Electricals Limited (BAJAJELEC)	$17.05 Billion	7.54%	1.34x	$497.04 Million
Borosil Limited (BOROLTD)	$6.29 Billion	3.15%	0.05x	$322.57 Million
Butterfly Gandhimathi Appliances Limited (BUTTERFLY)	$756.18 Million	40.21%	2.84x	$119.26 Million
CARYSIL LIMITED (CARYSIL)	$1.94 Billion	20.17%	1.02x	$276.51 Million
Cello World Limited (CELLO)	$5.36 Billion	49.61%	1.89x	$995.89 Million
Crompton Greaves Consumer Electricals Limited (CROMPTON)	$-18.20 Million	0.00%	0.00x	$1.94 Billion

About Sheela Foam Limited

NSE:SFL India Furnishings, Fixtures & Appliances

Market Cap

$613.76 Million

Rs56.75 Billion INR

Market Cap Rank

#11497 Global

#547 in India

Share Price

Rs522.05

Change (1 day)

+2.55%

52-Week Range

Rs465.05 - Rs758.95

All Time High

Rs1972.20