HIMATSEIDEBSEHimatsingka Seide LtdHighNeutral
Announced Wed, 27 May · 18:22 IST

We hereby inform you that the Board of Directors of the Company at the Meeting held today, i.e., Wednesday, May 27, 2026, inter alia, considered and Approved the Audited Financial Results ....

Revenue DeclineResults View source PDF

HIMATSEIDE · price

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Price reaction · full curve 14 horizons · vs prior close
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AI summary

Himatsingka Seide Limited's Board approved audited consolidated financial results for Q4 and FY ended March 31, 2026. Consolidated revenue from operations stood at Rs 61,721.59 Lacs for Q4 and Rs 2,51,509.31 Lacs for FY2026, compared to Rs 2,77,819.73 Lacs in the previous year, indicating a revenue decline. Profit after tax (consolidated) was Rs 141.23 Lacs for Q4 and Rs 6,196.19 Lacs for FY2026 versus Rs 7,604.03 Lacs in FY2025, showing a decline in profitability. Total comprehensive income was Rs 6,287.11 Lacs. The statutory auditors (MSKA & Associates LLP) issued an unmodified opinion on both consolidated and standalone results. The Board also recommended a final dividend of Rs 0.25 per equity share (5% on face value Rs 5) subject to shareholder approval. No going concern issues or audit qualifications were reported.

Likely market impact

The company reported a decline in both revenue and profitability for FY2026 compared to FY2025. However, the clean audit opinion and dividend recommendation indicate financial stability, though investors should monitor the revenue decline trajectory and its impact on stock valuation.