HIMATSEIDE

Himatsingka Seide share price & financials

Price
₹83.94
Market cap
₹895 Cr
Sector
Textiles
Calls analysed
7
Latest concall · Q1 FY27 · call held 13 Aug 2026

Himatsingka Seide Limited Q1 FY27

Revenue ₹634 cr −4%EBITDA ₹101 cr EBITDA Margin 16%

What went well

  • Strategic business model transformation into Yarn, Fabric, and Apparel Solutions to accelerate utilization and diversify revenue streams.
  • New verticals target markets significantly larger than Home Textiles, with Yarn and Fabric Solutions having a potential revenue of INR 1,000 crores each at full capacities.
  • Yarn Solutions and Fabric Solutions have started revenue generation and are ramping up, with over 90% of Yarn capacity to be external.

What to watch

  • Consolidated total income for Q1 FY27 was INR 634 crores, a decline from INR 661 crores in the previous period.
  • Geopolitical issues in the Middle East led to shipment deferrals, impacting Q1 revenue.
Read the full call →

What Himatsingka Seide Limited does

Himatsingka designs, develops, manufactures and distributes home textile products spanning bedding, bath, drapery/upholstery (furnishing) and cotton yarn, running an integrated model from fibre (cotton spinning) through weaving, cut-and-sew and finished product. It sells through a mix of owned brands, private-label partnerships with international retail chains, and its own India brands (Himeya, LIV, Atmosphere), supported by sales offices and warehousing in India, Italy and the USA.

Segments

  • Bedding (Sheeting)
  • Bath (Terry Towel)
  • Drapery & Upholstery
  • Cotton Yarn (Spinning)
  • India business
Manufacturing facilities
4
Integrated cotton spinning capacity
211,584 spindles (world's largest cotton spinning plant under one roof)
Integrated sheeting (bedding) capacity
61,000,000 meters/annum
Integrated terry towel (bath) capacity
25,000 tonnes/annum
Integrated drapery & upholstery capacity
2,000,000 meters/annum
Portfolio brands
10
Headquarters Bengaluru, Karnataka, IndiaEmployees 10,000 (FY25) Company website

Guidance record · Q1 FY27

what the last two calls moved 15 tracked 0 delivered 5 missed 10 open
  • Terry Towel Capacity went quiet said Q3 FY25 Promised: Increase Terry capacity to 40,000 tons per annum from 25,000 tons in the next 12 to 16 months. Q1 FY27: No mention of the capacity expansion project. Terry Towel utilization reported at 63%. The revised deadline of Q2-Q4 FY27 is approaching.
  • India Business Revenue on track said Q3 FY25 Promised: INR 1,000 crores from the nation over the next 5 years. Q1 FY27: Management reiterated strategic focus, stating India will 'probably become the largest jurisdiction for the company going forward.' The 2-year target of INR 400-500 cr remains active.

All 15 tracked — every revision, and every one management stopped mentioning.

Open the guidance ledger

Quarterly results

Q1 FY27: revenue down 5.4%, net profit down 54.2% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue694 692 657 657 630 −9%611 −12%617 −6%621 −5%
EBITDA139 112 118 121 99 −29%95 −15%50 −58%88 −27%
Net profit22 22 12 11 42 +94%8 −65%1 −88%5 −54%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance −48.2% 1Y

₹80₹100₹120Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Q2 FY26 — 13 Nov 2025Q3 FY26 — 12 Feb 2026Q4 FY26 — 29 May 2026Q1 FY27 — 13 Aug 2026

1Y: ₹130.98 on 10 Sept 2025 → ₹67.83. High ₹131.64 (19 Sept 2025), low ₹67.83 (11 Sept 2026).

How the price took the results

close before → close after

Q1 FY27
−2.7%
13 Aug
Q4 FY26
−3.0%
29 May
Q3 FY26
−0.5%
12 Feb
Q2 FY26
−0.4%
13 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

Financials, as filed

Revenue fell 2.1% a year over 3 years, FY23 to FY26. Operating margin widened to 14.5%.

Year endingFY23FY24FY25FY26
Revenue₹2.7k Cr₹2.8k Cr₹2.8k Cr₹2.5k Cr
Operating profit₹263 Cr₹596 Cr₹514 Cr₹365 Cr
Operating margin9.8%21.0%18.5%14.5%
Interest₹258 Cr₹296 Cr₹316 Cr₹291 Cr
Depreciation₹163 Cr₹158 Cr₹151 Cr₹164 Cr
Net profit₹-64 Cr₹113 Cr₹76 Cr₹62 Cr
Net margin-2.4%4.0%2.7%2.5%
Cash from operations₹354 Cr₹322 Cr₹235 Cr₹204 Cr
Free cash flow₹344 Cr₹274 Cr₹212 Cr₹177 Cr
ROCE4.0%11.0%9.0%9.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹49 Cr₹49 Cr₹49 Cr₹49 Cr₹63 Cr₹63 Cr
Reserves₹1.3k Cr₹1.4k Cr₹1.4k Cr₹1.5k Cr₹2.0k Cr₹2.1k Cr
Borrowings₹2.6k Cr₹2.9k Cr₹2.8k Cr₹2.9k Cr₹2.6k Cr₹2.6k Cr
Other liabilities₹1.2k Cr₹1.2k Cr₹1.3k Cr₹1.3k Cr₹1.1k Cr₹1.1k Cr
Total liabilities₹5.1k Cr₹5.6k Cr₹5.5k Cr₹5.8k Cr₹5.8k Cr₹5.9k Cr
Fixed assets₹3.2k Cr₹3.2k Cr₹3.1k Cr₹2.9k Cr₹2.5k Cr₹2.5k Cr
Capital work in progress₹142 Cr₹44 Cr₹30 Cr₹32 Cr₹17 Cr₹19 Cr
Investments₹18 Cr₹13 Cr₹10 Cr₹2 Cr₹11 Cr₹11 Cr
Other assets₹1.7k Cr₹2.4k Cr₹2.4k Cr₹2.8k Cr₹3.3k Cr₹3.4k Cr
Total assets₹5.1k Cr₹5.6k Cr₹5.5k Cr₹5.8k Cr₹5.8k Cr₹5.9k Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

Since Jun 2025, the public added +10.89 pp while DIIs trimmed −7.62 pp. The shareholder count shrank 3% to 67,179.

Promoters
37.5%
FIIs
7.4%
DIIs
0.1%
Public
55.0%

Since Jun 2025

  • Public +10.89 pp
  • DIIs −7.62 pp
  • FIIs −3.27 pp

How it drifted, 12 quarters

Over this window promoters fell from 47.6% to 37.5% — −10.1 pp.

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 47.6%, FIIs 3.9%, DIIs 1.2%, Public 47.3%.Dec '23: Promoters 47.6%, FIIs 4.0%, DIIs 1.1%, Public 47.4%.Mar '24: Promoters 47.6%, FIIs 4.0%, DIIs 1.0%, Public 47.5%.Jun '24: Promoters 47.6%, FIIs 3.8%, DIIs 1.0%, Public 47.7%.Sep '24: Promoters 47.6%, FIIs 3.3%, DIIs 0.4%, Public 48.7%.Dec '24: Promoters 37.2%, FIIs 12.1%, DIIs 8.4%, Public 42.3%.Mar '25: Promoters 37.2%, FIIs 10.8%, DIIs 8.5%, Public 43.4%.Jun '25: Promoters 37.5%, FIIs 10.7%, DIIs 7.7%, Public 44.1%.Sep '25: Promoters 37.5%, FIIs 10.8%, DIIs 7.1%, Public 44.6%.Dec '25: Promoters 37.5%, FIIs 10.7%, DIIs 7.1%, Public 44.7%.Mar '26: Promoters 37.5%, FIIs 11.1%, DIIs 5.7%, Public 45.8%.Jun '26: Promoters 37.5%, FIIs 7.4%, DIIs 0.1%, Public 55.0%.

Who was buying across the market this quarter →

Who bought this quarter

since Mar 2026

Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.

The same filing shows 1 holder trimming and 4 off the list — both are in the register beside this.

Who is on the register

Named in the Jun 2026 filing

Every holder of Himatsingka Seide Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Dinesh Kumar Himatsingka 9.47%unchanged
Shrikant Himatsingka 6.80%unchanged
Bihar Mercantile Union Private Limited 4.98%unchanged
Rajshree Himatsingka 4.69%unchanged
Jupiter India Fund Global fund house3.97%−0.22 pp
Awdhan Trading Company Limited 3.28%unchanged
Orient Silk Private Limited 2.73%unchanged
Aditya Resources Limited 2.62%unchanged
Priya Resources Private Limited 2.48%unchanged
The Jupiter Global Fund - Jupiter India Select Global fund house1.87%+0.17 pp
Vara Future Llp 1.72%newly disclosed
Ajay Kumar Aggarwal - 2 1.57%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

All earnings calls (7)

Read the Q1 FY27 call →

Learn to analyse Himatsingka Seide Limited

Guides on how to read this kind of business and the numbers that matter.