Sheela Foam Full Year 2024 Earnings: Revenues Beat Expectations, EPS In Line

Sheela Foam (NSE:SFL) Full Year 2024 Results

Key Financial Results

• Revenue: ₹31.0b (up 7.9% from FY 2023).
• Net income: ₹1.82b (down 9.3% from FY 2023).
• Profit margin: 5.9% (down from 7.0% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: ₹17.66 (down from ₹20.62 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Sheela Foam Revenues Beat Expectations

Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) was mostly in line with analyst estimates.

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Consumer Durables industry in India.

Performance of the Indian Consumer Durables industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Be aware that Sheela Foam is showing 3 warning signs in our investment analysis and 2 of those are concerning...

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