Himatsingka Seide
119.26
-1.47(-1.22%)
Market Cap₹1,499.60 Cr
PE Ratio18.66
IndustryTextiles
Company Performance:
1D-1.22%
1M-4.59%
6M-20.63%
1Y-38.40%
5Y-6.83%
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More news about Himatsingka Seide
25Aug 25
Himatsingka Seide's Creative Head Jayshree Poddar Retires After Long Tenure
Himatsingka Seide Limited announced that Jayshree Poddar, Creative Head - Design, will retire effective August 25, 2025. The company disclosed this information to the NSE and BSE in compliance with regulatory requirements. The retirement marks the end of Poddar's tenure in a crucial role shaping the company's textile product designs. This change could potentially influence Himatsingka Seide's future design strategies.
19Aug 25
Himatsingka Seide Reports Revenue Decline Amid U.S. Tariff Uncertainties, Expands Global Presence
Himatsingka Seide Limited reported a 10.4% year-over-year decline in quarterly revenue to INR 661.00 crores. EBITDA margin decreased by 200 basis points to 19.00%. The company is diversifying its global presence to reduce U.S. revenue share from 60% to below 50% within 18-24 months due to proposed additional 25% U.S. tariffs. Domestically, Himatsingka aims for INR 800.00-1000.00 crores revenue from its three brands. Despite challenges, the company maintains its EBITDA margin guidance of 18-22% and targets revenue of INR 4,000.00 crores within two years.
12Aug 25
Himatsingka Seide Reports Decline in Q1 Financial Performance
Himatsingka Seide Limited's Q1 consolidated results show a significant decline in financial performance. Revenue decreased by 10.67% to ₹656.94 crore, while net profit fell by 47% to ₹10.90 crore compared to the same quarter last year. EBITDA decreased to ₹120.00 crore, with the EBITDA margin contracting to 18.37%. Despite lower revenue, the company managed to reduce total expenses to ₹646.70 crore. Finance costs remained substantial at ₹72.08 crore. The company continues to operate solely in the textile segment.
28May 25
Himatsingka Seide Reports Decline in Q4 Financials
Himatsingka Seide's Q4 results show a 5.9% YoY revenue decrease to ₹6.56 billion. EBITDA fell 17.2% to ₹1.20 billion, with margins contracting from 20.75% to 17.93%. Consolidated net profit dropped sharply by 49.9% YoY to ₹119.00 million. The company faced significant challenges across key financial metrics, indicating pressure on operational efficiency and profitability.
17Apr 25
Himatsingka Seide Approves ₹65 Crore Non-Convertible Debentures Issuance
Himatsingka Seide Limited has approved the issuance of Non-Convertible Debentures (NCDs) worth ₹65 crore. The board meeting on April 17, 2025, sanctioned 650 un-rated, senior, unlisted, secured, redeemable Series 'A' NCDs with a face value of ₹10 lakh each. The NCDs will have an 11.50% interest rate, payable quarterly, with a tenure of up to 39 months. Repayment includes an 18-month moratorium followed by 8 equal quarterly installments. The NCDs are secured by a first pari passu charge on fixed assets of manufacturing facilities in Hassan and Doddaballapur.
11Apr 25
Himatsingka Seide to Consider Fund Raising via Private Placement of NCDs
Himatsingka Seide Limited's board will meet on April 17, 2025, to discuss raising funds through Non-Convertible Debentures (NCDs) via private placement. The funds will be used for refinancing existing debt and general corporate purposes. This decision, in compliance with SEBI regulations, could impact the company's financial strategy and growth plans.
Himatsingka Seide
119.26
-1.47
(-1.22%)
1 Year Returns:-38.40%
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