We inform you that the Board of Directors of the Company at the meeting held today, May 27, 2026, inter alia considered and approved Audited Financial Results (Consolidated and Standalone) ....
HIMATSEIDE · price
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Himatsingka Seide Limited reported audited consolidated results for FY2026 with revenue from operations at ₹2,51,509 Lacs, down 9.5% from ₹2,77,820 Lacs in FY2025. The company recorded profit before tax of ₹12,188 Lacs, a significant increase from ₹1,749 Lacs in the previous year due to an exceptional item (goodwill impairment of ₹9,461 Lacs) in FY2025. However, profit after tax declined to ₹6,196 Lacs from ₹7,604 Lacs, a drop of 18.5%, primarily due to a deferred tax charge of ₹3,517 Lacs. On a standalone basis, revenue fell 15.2% to ₹1,88,240 Lacs, and profit after tax dropped 59% to ₹6,013 Lacs. The Board recommended a final dividend of ₹0.25 per share (5% on face value of ₹5). Statutory auditors issued an unmodified (clean) opinion on both consolidated and standalone results.
The stock may face pressure due to significant revenue decline and sharply lower profit after tax, despite higher PBT. The deferred tax charge and revenue contraction signal ongoing business challenges in the textile segment.