HIMATSEIDEConsumer Discretionary

Himatsingka Seide Limited

Other Textile Products · ISIN INE049A01027 · BSE 514043 · NSE EQ · FV ₹5
Last price
₹64
-1.71%today
What this company does

Himatsingka Seide Limited operates in Other Textile Products, part of the Consumer Discretionary sector. It booked ₹621 cr of revenue in its latest quarter (Q1 FY27) and kept 0.8% of sales as profit.

46out of 100
Equitytale Health Score
Mixed

Healthier than 46% of companies in Consumer Discretionary, on all six measures of filed financials. Each measure is ranked against the 301–421 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
oversold
RSI (14)
21

At close. Not part of the score.

Profitability & returns31

How much profit it earns on the money it employs

Balance sheet18

How much it owes, and whether earnings cover the interest

Cash quality79

Whether reported profit actually arrives as cash

Growth & consistency41

Whether sales and profit have grown, and how steadily

Valuation52

What today's price implies, against our models or its peers

Governance & risk86

How much of the promoters' stake is pledged, and how much they hold

Is this company doing well?
not investment advice
Strengths
Makes a profit
No promoter shares pledged
Turns profit into real cash
Watch-outs
! Thin 0.8% net margin
! Sales down 5% vs last year
! Profit down 54% vs last year
! Low 0.9% return on equity
! Carries high debt (D/E 1.2)

What if I invest in HIMATSEIDE?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹64 -1.71%
latest close · 2026-09-17
1-year return
-73.9%
52-wk low ₹6352-wk high ₹306
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio39.8High
LowAverageHigh
P/B ratio0.37Below book
Below bookModerateHigh
EV / EBITDA8.3Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity0.9%Weak
WeakFairStrong ▸15%
Return on capital8.1%Fair
WeakFairStrong
Net margin0.8%Thin
ThinDecentStrong
EBITDA margin16.3%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity1.22High
LowModerateHigh ▸1
Interest cover1.1×Risky
RiskyOkayStrong ▸5×
Current ratio1.40Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹800 cr
Book value
₹170
EPS
₹0.40
latest quarter
Net debt
₹2,573 cr
owes more than its cash
Enterprise value
₹3,373 cr
EBITDA
₹405 cr
annualised
EBIT
₹288 cr
annualised
Operating margin
11.6%
Return on assets
0.3%
Earnings yield
2.51%
P/S
0.32
Sales / share
₹197.6
Tax rate
40.4%
Face value
₹5
Shares
12.6 cr
Working capital
₹939 cr
Current assets
₹3,272 cr
Current liabilities
₹2,333 cr
Delivery %
54.9%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the exchange filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹35₹87, midpoint ₹61

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹621 cr
Other Income₹13 cr
Total Income₹634 cr
Cost of Materials₹261 cr
Purchases of Stock-in-Trade₹110 cr
Inventory Change (±)₹-18 cr
Employee Benefit Expense₹62 cr
Finance Costs₹64 cr
Depreciation & Amortisation₹29 cr
Other Expenses₹118 cr
Total Expenses₹626 cr
Profit before Tax₹8 cr
Tax Expense₹3 cr
Share of JV / Associates₹13.3 L
Net Profit₹5 cr
Net margin on total income0.8%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹353 cr55.6%
Employee benefit expense₹62 cr9.8%
Finance costs₹64 cr10.1%
Depreciation & amortisation₹29 cr4.6%
Other expenses₹118 cr18.7%
Tax expense₹3 cr0.5%
Profit for the period₹5 cr0.8%
Total income ₹634 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue611 cr617 cr621 cr
Total income637 cr722 cr634 cr
Expenses626 cr689 cr626 cr
Profit before tax11 cr32 cr8 cr
Tax4 cr31 cr3 cr
Net profit (owners' share)8 cr1 cr5 cr
Net margin (owners' share, on revenue)1.3%0.2%0.8%
EPS (₹)0.610.110.40
YoY (latest quarter): total income -4.0% · net profit -54.2%
Balance sheet & cash flow · as of Mar 2026
High debt
Total assets
₹5,901 cr
Shareholder equity
₹2,141 cr
parent shareholders
Total debt
₹2,619 cr
Cash
₹47 cr
Cash flow · H1 FY26
Operating
₹181 cr
Investing
₹3 cr
Financing
₹-178 cr
Peer comparison
Other Textile Products · by market value
CompanyPriceMarket capP/E
K.P.R. Mill Limited₹1,095₹37,441 cr36.2
Welspun Living Limited₹212₹20,051 cr31.4
Vardhman Textiles Limited₹561₹15,986 cr12.9
Trident Limited₹23₹11,762 cr18.6
Indo Count Industries Limited₹436₹8,625 cr34.1
Garware Technical Fibres Limited₹800₹7,809 cr30.5
Kusumgar Limited₹552₹5,790 cr33.0
Jindal Worldwide Limited₹49₹4,913 cr38.3
Filatex India Limited₹90₹4,012 cr20.7
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.79%
trailing 12 months
Dividend / share (TTM)
₹0.5
Last dividend
₹0.25
ex 17 Sep 2026
ActionDetailEx-date
Dividend₹0.25 / share17 Sep 2026
Dividend₹0.25 / share19 Sep 2025
Dividend₹0.25 / share20 Sep 2024
Dividend₹0.5 / share20 Sep 2022
Dividend₹0.5 / share18 Aug 2021
Dividend₹0.5 / share18 Sep 2020
Who owns it · 2026-06-30
No pledge
Promoter
37.5%
FII / Foreign
7.4%
DII / Domestic
0.1%
Retail / others
55.0%
Promoter stake down 10.1% over the last 12 quarters.
Smart-money activity
Insider trades
SoldD K HIMATSINGKA · Promoters66,00010 Sep 20
BoughtSHRIKANT HIMATSINGKA · Promoters66,00010 Sep 20
BoughtAditya Resources Limited · Promoter Group3.04 L · ₹2.4 cr3 Sep 20
Bulk / block deals
short · NSE15022 Aug 25
short · NSE1983 Apr 25
SoldTHE ROYAL BANK OF SCOTLAND PLC AS TRUSTEE OF JUPITER INDIA FUND · NSE6.91 L @ ₹195.226 Dec 24
Stake changes
SoldCohesion MK Best Ideas Sub-Trust→ 2.21% · 23.28 L8 May 26
SoldAbakkus Diversified Alpha Fund→ 0.99% · 6.00 L22 Apr 26
SoldAbakkus Emerging Opportunities Fund - 1→ 2.07% · 25.08 L22 Apr 26
Promoter pledges
ReleasedJM Financial Products Ltd79.26 L · 8.05% held14 Jun 19
ReleasedJM Financial Products Ltd29.94 L · 3.04% held14 Jun 19
ReleasedJM Financial Products Limited29.94 L · 3.04% held14 Jun 19
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 26 Sep 2025
See the official result
1
To receive, consider and adopt the audited standalone financial statements of the Company for the financial year ended March 31, 2025, together with the Board's report and report of Auditor’s thereon.
Backed by 100% of shareholders other than promotersneeded 50%
2.32 cr votes for, 7,930 against · 0% of mutual funds and other big investors said no
2
To receive, consider and adopt the audited consolidated financial statements of the Company for the financial year ended March 31, 2025, together with the report of Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
2.32 cr votes for, 7,930 against · 0% of mutual funds and other big investors said no
3
To declare a final dividend of Rs.0.25/- (5%) per equity share of face value of Rs.5/- each for the financial year ended March 31, 2025.
Backed by 100% of shareholders other than promotersneeded 50%
2.32 cr votes for, 8,430 against · 0% of mutual funds and other big investors said no
4
To subject the directorship of Mr. Shrikant Himatsingka (DIN: 00122103), Executive Vice Chairman & Managing Director to section 152 i.e. retirement by rotation and to re-appoint Mr. Shrikant Himatsingka who retires by rotation.
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 75%
2.32 cr votes for, 33,551 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 25 named members
owning 37.5% between them · as of 2026-06-30
Dinesh Kumar Himatsingka9.47%
Shrikant Himatsingka6.80%
Bihar Mercantile Union Private Limited4.98%
Rajshree Himatsingka4.69%
Awdhan Trading Company Limited3.28%
Orient Silk Private Limited2.73%
Aditya Resources Limited2.62%
Priya Resources Private Limited2.48%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

Money raised in Oct 2024 by selling shares to large investors

The company has not broken this money down into purposes in its filing for Sep 2025, so there is nothing to measure it against yet. CARE Ratings Limited watches the spending on the exchange’s behalf.

The amount this filing states as raised is many times the whole company’s market value, so it is almost certainly entered in the wrong unit. We show the purposes and how far along each one is, and leave the rupee figures out rather than repeat a number that cannot be right.

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.