HIMATSEIDENSEHimatsingka Seide Limited· Textile ProductsHighNeutral
Announced Wed, 27 May · 18:21 IST

Himatsingka Seide Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.

Revenue DeclineDebt Equity ThresholdResults View source PDF

HIMATSEIDE · price

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AI summary

Himatsingka Seide Limited reported FY2026 consolidated revenue of ₹2,51,509 Lacs, down from ₹2,77,820 Lacs in FY2025 — a ~9.5% decline. Profit after tax (consolidated) was ₹6,196 Lacs versus ₹7,604 Lacs in the prior year. The standalone entity saw an even steeper revenue fall (₹1,88,240 Lacs vs ₹2,22,049 Lacs), with PAT at ₹6,013 Lacs. No exceptional items were recorded this year (FY25 had a ₹9,461 Lacs goodwill impairment). The Board recommended a final dividend of ₹0.25 per share (5%). The statutory auditor issued an unmodified (clean) opinion on both consolidated and standalone results. An associate (AMP Energy) contributed a net loss of ₹27.33 Lacs.

Likely market impact

Revenue has declined for the second consecutive year, reflecting challenging conditions in the textile segment. Despite this, the company remains profitable and debt levels remain elevated. Shareholders can expect the dividend subject to AGM approval.