Himatsingka Seide

NSE: HIMATSEIDEBSE: 514043
Compare with peers
₹ 55.70▲ 1.79 (+3.32%)28 Oct, 03:29 pm IST
Market cap
₹ 672 Cr.
P/E
12.5x
P/B
0.33x
52-week range
52.02 – 129.49
ROE
3%
ROCE
9%
Dividend yield
0.5%
Debt / equity
1.23
Sector
Textiles & Apparels
Industry
Other Textile Products
Listed on
NSE, BSE

About

Himatsingka Seide Limited is an India-based vertically integrated textile company. The Company designs, develops, manufactures, distributes, and retails a suite of textile products. The Company has two manufacturing facilities in India and has retail and distribution businesses across North America, Europe, and Asia. It is also involved in spinning, weaving, and finishing textiles, and manufacturing of other textiles. The Company offers made-up bedding products, drapery and upholstery fabrics, towels, and cotton yarn. Its cotton brands portfolio comprises Pimacott, Gizacott, HomeGrown Cotton and Organicott. Its global fashion brands, comprising Calvin Klein, Tommy Hilfiger and Kate Spade New York. The Company’s solutions include bedding solutions, bath solutions, yarn and fiber solutions and drapery and upholstery solutions. Its subsidiaries include Himatsingka Wovens Private Limited, Himatsingka Holdings NA Inc, and Himatsingka America Inc.

Quick check

The five things to look at first. Open one for more.

Himatsingka Seide against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)12.5 against a typical 16.7: cheaper than most peers (1st = cheapest).113th of 268
  • Sales growth−5.4% against a typical +6.7% from a year earlier.155th of 234
  • Profit growth−54.2% against a typical +12.9% from a year earlier.124th of 166
  • Share price, 3 months−30.9% against a typical −4%.228th of 240
  • Size₹ 672.4 Cr. market value against a typical ₹ 58.7 Cr. (1st = largest).33rd of 256

Credit ratings

Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates

Moderate safety, with caution

Rated BBB+ by CRISIL
BBB+
DefaultRiskyModerateSafeVery safe
  • CRISIL expects things to get worse (negative outlook).
AgencyCurrent ratingOutlookAs of
CRISILCrisil BBB+Negative6 Aug 2026
Credit rating actions
RatingDetails
6 Aug 2026
Reaffirmed
Crisil BBB+—CRISIL₹ 3,618.98 Cr.
10 Jul 2026
▼ Outlook cut
Crisil BBB+
Outlook Stable → Negative
—CRISIL₹ 2,668.98 Cr.
25 Mar 2026
Reaffirmed
Crisil BBB+—CRISIL₹ 2,738.98 Cr.
20 Mar 2026
Reaffirmed
Crisil BBB+—CRISIL₹ 2,738.98 Cr.
13 Nov 2025
Reaffirmed
Crisil BBB+—CRISIL₹ 2,738.98 Cr.

Fund raises

QIPs, preferential issues, warrants and rights issues, one row per filing, newest first. Open a row for details. All fund raise updates

Equity fund raises
StageDetails
23 Oct 2025Preferential issueBoard approved₹ 500 Cr.——

Board meetings

Results dates and other board meetings. Full calendar

Details
12 Aug 2026Financial ResultsTo consider and approve the Unaudited financial results for the period ended Jun 30, 2026
27 May 2026Fund RaisingTo consider and approve the raising of funds by way of issuance of any eligible securities through permissible modes.
11 Feb 2026Financial ResultsTo consider and approve the Unaudited financial results for the period ended December 31, 2025.
12 Dec 2025Fund RaisingWe hereby inform you that a meeting of the Board of Directors of the Company is scheduled to be held on Friday, December 12, 2025, to inter alia, consider and approve proposal for fund raising by way of issue of Non-Convertible Debentures ( NCDs ) on Private Placement basis, primarily towards refinancing of existing debt.
12 Nov 2025Financial ResultsTo consider and approve the Unaudited financial results for the period ended September 30, 2025
23 Oct 2025Fund RaisingTo consider Fund Raising- to consider and approve the raising of funds by way of issuance of any eligible securities through permissible modes, as may be permitted under applicable laws, subject to the requisite regulatory/ statutory approvals, as applicable. This is in continuation of the previous disclosure of outcome of the Board Meeting dated September 02, 2025.

Share price

1Y change −54.02%
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales739723697735694692657657630611617621
Expenses592567552589556580539536531516568533
Operating Profit14715714514613911211812199955088
OPM %19.9%21.7%20.8%19.9%20%16.1%17.9%18.4%15.7%15.6%8.1%14.2%
Other Income9263631−704782610413
Interest727583828178757275756864
Depreciation413838383838383837355429
Profit before tax434530292627−64146411328
Tax %33.2%31.2%21%30.1%15.7%17.9%−118.7%25.4%34.1%32%94.7%40.4%
Net Profit293124212222121142815
EPS in Rs2.923.162.412.092.21.740.950.873.340.610.110.4

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
3%
5 Years
2%
3 Years
−2%
TTM
−8%
Compounded Profit Growth
10 Years
−7%
5 Years
26%
3 Years
40%
TTM
−63%
Stock Price CAGR
10 Years
−12%
5 Years
−23%
3 Years
−22%
TTM
—
Return on Equity
10 Years
6%
5 Years
3%
3 Years
4%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
37.48%
0 pts in a year
FIIs
7.44%
−3.27 pts in a year
DIIs
0.06%
−7.62 pts in a year
Public
55.02%
+10.89 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 12.5xEPS (12 months) ₹ 4.46Median P/E 14.6x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Himatsingka Seide₹ 55.70₹ 672 Cr.12.5x0.3x3%—
Arvind₹ 482.00₹ 13,095 Cr.33x3.5x10.6%4.6%
Trident₹ 20.48₹ 10,437 Cr.34.3x2.7x8%5.6%
Garware Technical Fibres₹ 740.25₹ 7,202 Cr.35.8x5.6x16.4%13.9%
Filatex India₹ 91.60₹ 4,068 Cr.17.3x2.1x12.9%4.4%
Nitin Spinners₹ 602.30₹ 3,386 Cr.17.4x2.1x12.8%5.5%

Management

Dinesh Kumar Himatsingka
Executive Chairman of the Board
Ashutosh Halbe
President, Chief Financial Officer - Operations
Shrikant Himatsingka
Chief Executive Officer, Executive Vice Chairman of the Board, Managing Director
M. Sankaranarayanan
President - Finance, Group Chief Financial Officer
Akanksha Himatsingka
Chief Executive Officer - International Operations (Home Textiles)
Shanmuga Sundaram
President - Manufacturing Operations (Group)
Adnaan Zaheer
President - Sales of Bedding and Bath
Kumud Kumar
President - Human Resources, Group Chief Human Resources Officer

Prices are delayed and for information only. Nothing on this page is investment advice.