Himatsingka Seide Limited has informed the Exchange regarding a press release dated August 13, 2025, titled "Himatsingka Seide Limited announced its financial results for the quarter ended June 30, 2025, on August 12,2025.".
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Himatsingka Seide Limited reported weak Q1FY26 results, with consolidated total income falling 10.4% year-on-year to ₹661.02 crore from ₹738.08 crore. EBITDA declined 16.2% to ₹124.75 crore, with margins compressing to 18.9% from 20.2%. Profit after tax nearly halved, dropping 47% to ₹10.90 crore from ₹20.56 crore. The company attributed the decline to uncertainty over US tariffs affecting global market sentiment. Capacity utilisation stood at 99% for Spinning, 60% for Sheeting, and 68% for Terry Towel. Net debt was marginally reduced to ₹2,405 crore from ₹2,425 crore, and management highlighted the India-UK FTA as a future growth opportunity. Management remains focused on capacity utilisation and expanding market share across regions.
This is a clearly negative quarter for shareholders — double-digit declines in revenue, EBITDA, and a sharp 47% fall in profits signal near-term pressure on earnings and likely weak stock sentiment. However, the deleveraging progress, India-UK FTA opportunity, and continued growth in the domestic market provide some medium-term comfort.