Himatsingka Seide Limited has informed the Exchange regarding a press release dated May 29, 2026, titled "Financial results for the quarter and financial year ended March 31, 2026.".
HIMATSEIDE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Himatsingka Seide reported FY26 total income of ₹2,727.24 crore, down 4.1% YoY from ₹2,843.27 crore in FY25, impacted by US tariff policies and geopolitical uncertainties. Q4FY26 showed recovery with 5.8% YoY growth to ₹721.68 crore. EBITDA margin improved to 21.1% in FY26 vs 20.4% in FY25. However, PAT fell sharply by 18.4% YoY to ₹62.24 crore for FY26 and dropped 85.7% in Q4 to just ₹1.73 crore. Other income of ₹104.47 crore in Q4 was boosted by ₹95.69 crore in net forex gains from rupee depreciation. Capacity utilization stood at 99% for Spinning, 56% for Sheeting, and 63% for Terry Towel. The Board approved raising ₹850 crore via NCDs for debt refinancing and recommended a dividend of ₹0.25 per share.
The stock may see mixed reaction - while EBITDA margins are improving and Q4 revenue grew, the sharp PAT decline and tariff-related headwinds in key export markets could weigh on investor sentiment. The debt refinancing plan is largely neutral to net debt.