Sheela Foam vs Greenply Industries: Share Price, Comparison and Key Differences
- August 12, 2026
- Posted by: Neeraj Pandey
- Category: News
Sheela Foam MCap Rs 7,395 Cr, PE 34.13x, ROE 4.91%, D/E 0.28. Greenply Industries MCap Rs 3,563 Cr, PE 36.02x, ROE 11.17%, D/E 0.58.
Sheela Foam vs Greenply Industries is a comparison home interiors investors look up when evaluating two listed Indian companies in the branded home furnishing and interior segment. Sheela Foam, a Noida-based company, is India’s largest mattress manufacturer selling Sleepwell brand mattresses, pillows, cushions and furniture foam across India and internationally. Greenply Industries, a Kolkata-based company, manufactures and sells plywood, blockboards, decorative panels and flush doors for the home interior and construction market. Both Sheela Foam vs Greenply Industries serve the Indian home interiors and renovation market.
This Sheela Foam vs Greenply Industries article covers reach and market position, key products, latest declared results and stock valuation. All data is sourced from Groww and public company filings.
Reach and Market Position
In this Sheela Foam vs Greenply Industries comparison, Sheela Foam distributes Sleepwell mattresses through 900+ franchise showrooms and multi-brand dealers across India and exports to 25+ countries. Market capitalisation is Rs 7,395 Cr.
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Greenply Industries sells plywood, blockboards and decorative boards for kitchen, furniture and building interior applications across India. Market capitalisation is Rs 3,563 Cr.
Key Products and Business Mix
For the Sheela Foam vs Greenply Industries product breakdown, Sheela Foam: Sheela Foam earns from branded Sleepwell mattresses (various grades), pillows, foam for sofas and international mattress exports. EPS is Rs 19.84. PE is 34.13x, ROE 4.91 percent (thin), D/E 0.28.
Greenply Industries: Greenply earns from plywood, blockboard, decorative panels, flush doors and interior wood panels. EPS is Rs 7.92. PE is 36.02x, ROE 11.17 percent, D/E 0.58.
Latest Results and Financial Data
On the Sheela Foam vs Greenply Industries results front: Sheela Foam has a market cap of Rs 7,395 Cr and PE of 34.13x. ROE is 4.91 percent – thin for a consumer brand. Sheela Foam is 2.1 times larger than Greenply.
Greenply Industries has a market cap of Rs 3,563 Cr and PE of 36.02x. ROE is 11.17 percent – higher than Sheela Foam. Greenply has more capital efficiency than Sheela Foam despite the similar PE.
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Stock Performance and Valuation
Investors tracking the Sheela Foam vs Greenply Industries comparison should verify current prices on NSE or BSE before trading. The Sheela Foam vs Greenply Industries stock data below reflects the latest available figures from Groww and public company filings.
Sheela Foam vs Greenply at current valuations: Sheela Foam trades at Rs 7,395 Cr market cap, PE 34.13x, ROE 4.91 percent. Greenply trades at Rs 3,563 Cr market cap, PE 36.02x, ROE 11.17 percent. Both have similar PE ratios. Greenply has a higher ROE despite being smaller.
Sheela Foam vs Greenply Industries: Quick Comparison Table
The comparison table below summarises the key metrics side by side.
| Parameter | Sheela Foam | Greenply Industries |
|---|---|---|
| Sector | Branded mattresses: Sleepwell + foam + pillows + export (Noida) | Plywood + blockboard + decorative panels + flush doors (Kolkata) |
| Market Cap | Rs 7,395 Cr | Rs 3,563 Cr |
| P/E Ratio | 34.13x | 36.02x |
| ROE | 4.91% (thin) | 11.17% |
| Brand | Sleepwell (mattresses) | Greenply (plywood) |
| Debt to Equity | 0.28 | 0.58 |
| Dividend Yield | 0.15% | 0.18% |
Conclusion
The Sheela Foam vs Greenply Industries comparison above covers reach, products, results and valuation. Sheela Foam vs Greenply Industries covers branded mattresses versus branded plywood for home interiors. Sheela Foam is India’s mattress category leader (Sleepwell) with a thin current ROE. Greenply is a plywood market leader with a higher ROE. Sheela Foam vs Greenply investors should track real estate and home renovation demand and organized category penetration. Consult a SEBI-registered advisor for personalised guidance. Sheela Foam vs Greenply Industries investors should review branded home products penetration and the residential real estate renovation cycle. Sheela Foam vs Greenply Industries both benefit from India’s growing organised home interiors and renovation market, and both are well-positioned for real estate demand recovery.
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Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
What does Sheela Foam sell?
Ans. Sheela Foam sells Sleepwell brand mattresses (spring, memory foam, orthopedic), pillows, bolster cushions, foam for sofa and furniture, and industrial foam through its retail showroom and dealer network.
What does Greenply Industries sell?
Ans. Greenply Industries sells plywood (interior, exterior, marine), blockboards, decorative panels (laminates, veneers), flush doors and interior wood panels for furniture, kitchen and building interior applications.
What is blockboard?
Ans. A blockboard is an engineered wood panel with a core of softwood strips sandwiched between veneers. Blockboards are used for doors, shelving, tabletops and furniture where strength and flatness are required.
Are Sheela Foam and Greenply in Nifty 50?
Ans. Neither is in Nifty 50. Both are tracked in smaller indices.
Which is larger?
Ans. Sheela Foam at Rs 7,395 Cr is approximately 2.1 times larger than Greenply Industries at Rs 3,563 Cr.
Note on Greenply and Greenpanel
Ans. Greenply Industries (plywood) and Greenpanel Industries (MDF/HDF) are two separately listed companies. Greenply demerged its MDF business into Greenpanel. These are distinct listed entities.
Does Sheela Foam export?
Ans. Yes. Sheela Foam exports Sleepwell mattresses to 25+ countries and also has a direct mattress brand presence internationally.