Mattress Stocks in India

4-Factor Sector Score

An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is guarded: positive earnings, positive 5–60% three-year EPS growth, and a positive P/E are required.

Revenue Scale & Growth Durability

Sheela Foam Ltd has the highest Revenue among the 2 Mattress companies compared here, at ₹3,820 crore. Wakefit Innovations Ltd is next at ₹1,504 crore. The same company also holds the highest Revenue growth, at 11.1%. 2 of 2 companies report a comparable reading, the latest through Mar 2026. Its Revenue series carries 20 reported observations across the 20-quarter window.

What the numbers say: Sheela Foam Ltd is the scale leader at ₹3,820 crore, 154% ahead of Wakefit Innovations Ltd. Sheela Foam Ltd's growth is 11.1% from a ₹3,820 crore base, with 20 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

Investor read: Sheela Foam Ltd is the scale benchmark; Sheela Foam Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: Sheela Foam Ltd's growth falls below Sheela Foam Ltd's for two consecutive comparable reports while operating margin also compresses.

Operating Economics & Margin Trend

Sheela Foam Ltd has the highest OPM among the 2 Mattress companies compared here, at 11%. Wakefit Innovations Ltd has the highest Margin change at +9 percentage points, so level and change sit with different companies. 2 of 2 companies report a comparable reading, the latest through Mar 2026. Its OPM series carries 20 reported observations across the 20-quarter window.

What the numbers say: Sheela Foam Ltd leads opm at 11%; Wakefit Innovations Ltd leads margin change at +9 percentage points.

Investor read: Sheela Foam Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current margin change signal.

Profit Scale & Acceleration

Wakefit Innovations Ltd has the highest Net profit among the 2 Mattress companies compared here, at ₹188 crore. Sheela Foam Ltd is next at ₹162 crore. Sheela Foam Ltd has the highest Profit growth at 67%, so level and change sit with different companies. 2 of 2 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Wakefit Innovations Ltd leads with ₹188 crore of TTM profit, 16% above Sheela Foam Ltd. Sheela Foam Ltd shows 67% growth from a ₹162 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

Investor read: Wakefit Innovations Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Capacity Spending & Returns On It

Wakefit Innovations Ltd has the highest CAPEX among the 2 Mattress companies compared here, at ₹8 crore. The same company also holds the highest CAPEX intensity, at 2.1%. 1 of 2 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Wakefit Innovations Ltd reports ₹8 crore of CAPEX; Wakefit Innovations Ltd has the highest covered intensity at 2.1%. Coverage is only 1 of 2 companies and 3 reported observations, so this is partial evidence—not a complete sector rank.

Investor read: Use the CAPEX rank as a diligence queue. Verify commissioning, utilization, cash conversion and post-investment ROCE before treating spend as value creation.

This conclusion weakens if: CAPEX rises without higher utilization, operating cash flow or incremental returns.

Debt Load & Balance-Sheet Headroom

Wakefit Innovations Ltd has the lowest Gross debt among the 2 Mattress companies compared here, at ₹272 crore. Sheela Foam Ltd is next at ₹908 crore. The same company also holds the lowest Net debt, at ₹391 crore net cash. 2 of 2 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Wakefit Innovations Ltd has the clearest covered balance-sheet capacity with ₹391 crore net cash and gross debt of ₹272 crore. Absolute debt alone does not identify the strongest balance sheet because company scale differs; net debt and debt-to-equity carry more information.

Investor read: Prioritize net-cash capacity and leverage relative to operating scale, not the smallest absolute rupee debt.

This conclusion weakens if: Net debt rises faster than revenue and profit for two consecutive reported periods.

Return On Capital Employed

Wakefit Innovations Ltd has the highest ROCE among the 2 Mattress companies compared here, at 11.2%. Sheela Foam Ltd is next at 6.1%. The same company also holds the highest ROCE change, at +9.3 percentage points. 2 of 2 companies report a comparable reading, the latest through Mar 2026. Its ROCE series carries 5 reported observations across the 20-quarter window.

What the numbers say: Wakefit Innovations Ltd leads ROCE at 11.2%, 5.1 percentage points above Sheela Foam Ltd. Wakefit Innovations Ltd has the strongest latest improvement at +9.3 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.

Investor read: Wakefit Innovations Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roce change signal.

Valuation Against Growth & Quality

Sheela Foam Ltd has the lowest Guarded PEG among the 2 Mattress companies compared here, at 1.09×. Wakefit Innovations Ltd has the lowest P/E at 22.3×, so level and change sit with different companies. 1 of 2 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Sheela Foam Ltd has the lowest comparable Guarded PEG at 1.09×. Only 1 of 2 companies pass the guard, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/e signal.

Enterprise Value & Book Value

Sheela Foam Ltd has the lowest EV/EBITDA among the 2 Mattress companies compared here, at 16.5×. Wakefit Innovations Ltd is next at 62.6×. The same company also holds the lowest P/BV, at 2.56×. 2 of 2 companies report a comparable reading, the latest through Mar 2026. Its EV/EBITDA series carries 20 reported observations across the 20-quarter window.

What the numbers say: Sheela Foam Ltd leads both ev/ebitda at 16.5× and p/bv at 2.56×.

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/bv signal.

Market action

Sheela Foam Ltd has the strongest one-year price move in Mattress at +13%. It also leads on Mansfield relative strength against NIFTY at +23.1%. 1 of 1 covered company is above zero on that measure. Every line covers 313 weekly closes through 2026-07-24.

What can make this comparison misleading?

This Mattress comparison names 5 specific ways its own evidence can mislead, all listed below. All 2 companies here report on comparable dates, so no rank carries a stale marker. 2 of the 8 ranked sections have fewer than three usable current readings. A high growth rate can still be a low-base artefact.

Which companies are included?

All 2 companies in the canonical Mattress membership are listed below, largest market value first — nothing is silently dropped, even where a company reports too little to rank. The charts above default to a selective view; this register is the complete set, with each company's own latest reporting date beside it.

How was this comparison built?

This comparison is built from the reported filings of 2 Mattress companies, normalized to a common ₹ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Mar 2026 and market data through 2026-07-24. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.

A second feed is read only after its reported income is matched against the primary source on at least three overlapping periods. Where the two agree the figures fill silently. Where there is too little shared history to compare, the figures are still drawn — they are the only evidence there is — and marked ⚠ unverified everywhere they appear. Where the two are known to disagree, nothing from the second feed is drawn and the affected company is named under the chart it is missing from. Every company's standing is listed in the register above.

Mattress company comparison FAQs

These 19 answers restate the Mattress comparison above in question form. Every one is computed from the same 2 companies and the same reported filings as the rankings and charts, current through Mar 2026. Price and relative-strength answers run through 2026-07-24. Nothing here is estimated, and none of it is a recommendation.