Himatsingka Seide Ltd

Himatsing. Seide Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Himatsingka Seide Ltd

₹ 152 -1.17%
10 Jun - close price
himatsingka.com BSE: 514043 NSE: HIMATSEIDE
About

Himatsingka Seide Ltd. is a vertically integrated global textile major that designs, develops, manufactures and distributes a suite of home textile products. It has installed capacities for manufacturing bedding and bath products, drapery and upholstery fabrics, and fine-count cotton yarn which are among the largest in the world.

Company produces home textiles for over 12 global brands, licensed and owned. It owns exclusive license rights of global iconic brands like Calvin Klein, Tommy Hilfiger, Kate Spade, Royal Velvet, Barbara Berry and Waverly. [1]

It also entered into a licensing agreement with The Walt Disney company to manufacture and distribute a broad range of home textile products inspired by archives and characters from all its franchisee including Disney, Marvel, Pixar and Lucas to increase its presence in the European region. [2]

Key Points

Business[1]
Himatsingka is a vertically integrated global textile major that designs, develops, manufactures and distributes textile products. With 4 manufacturing facilities, its installed capacities for Bedding Products, Bath Products and Cotton Yarn Products are amongst the largest in the world.

Website BSE NSE
  • Market Cap ₹ 1,916 Cr.
  • Current Price ₹ 152
  • High / Low ₹ 232 / 108
  • Stock P/E 13.7
  • Book Value ₹ 162
  • Dividend Yield 0.16 %
  • ROCE 9.45 %
  • ROE 7.78 %
  • Face Value ₹ 5.00
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Pros

  • Stock is trading at 0.94 times its book value

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 3.33% over past five years.
  • Tax rate seems low
  • Company has a low return on equity of 3.64% over last 3 years.
  • Dividend payout has been low at 2.11% of profits over last 3 years
  • Debtor days have increased from 117 to 143 days.
  • Promoter holding has decreased over last 3 years: -10.3%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Consumer Discretionary Textiles Textiles & Apparels Other Textile Products

Part of BSE SmallCap BSE Allcap BSE Consumer Discretionary

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
765 638 613 737 690 682 739 723 697 735 694 692 657
664 627 587 633 568 534 592 567 552 589 556 580 539
Operating Profit 100 11 26 104 122 148 147 157 145 146 139 112 118
OPM % 13% 2% 4% 14% 18% 22% 20% 22% 21% 20% 20% 16% 18%
10 41 26 13 2 4 9 2 6 3 6 31 -70
Interest 50 69 68 72 48 66 72 75 83 82 81 78 75
Depreciation 40 41 41 41 40 41 41 38 38 38 38 38 38
Profit before tax 20 -58 -57 3 36 44 43 45 30 29 26 27 -64
Tax % 61% -5% -40% 32% 38% 34% 33% 31% 21% 30% 16% 18% -119%
8 -55 -34 2 22 29 29 31 24 21 22 22 12
EPS in Rs 0.82 -5.56 -3.44 0.22 2.27 2.96 2.92 3.16 2.41 2.09 2.20 1.74 0.95
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
2,028 1,943 1,890 2,138 2,249 2,618 2,358 2,258 3,184 2,678 2,841 2,778
1,826 1,741 1,590 1,758 1,797 2,074 1,940 1,969 2,652 2,407 2,240 2,264
Operating Profit 202 202 300 381 452 544 418 289 532 271 602 514
OPM % 10% 10% 16% 18% 20% 21% 18% 13% 17% 10% 21% 19%
1 21 16 13 17 36 -12 14 18 75 15 -30
Interest 85 87 95 96 107 163 195 177 181 257 296 316
Depreciation 54 45 67 58 72 109 126 152 158 164 158 151
Profit before tax 63 91 154 239 290 308 85 -26 210 -75 163 17
Tax % 14% -3% 19% 24% 31% 36% 84% 101% 33% -15% 31% -336%
55 94 125 182 202 197 13 -53 141 -64 113 76
EPS in Rs 6.43 9.69 12.72 18.50 20.48 19.99 1.35 -5.42 14.30 -6.51 11.46 6.05
Dividend Payout % 23% 21% 20% 14% 12% 25% 37% -9% 4% -0% 2% 4%
Compounded Sales Growth
10 Years: 4%
5 Years: 3%
3 Years: -4%
TTM: -2%
Compounded Profit Growth
10 Years: 4%
5 Years: 42%
3 Years: 0%
TTM: 20%
Stock Price CAGR
10 Years: 7%
5 Years: 21%
3 Years: 10%
1 Year: 17%
Return on Equity
10 Years: 7%
5 Years: 3%
3 Years: 4%
Last Year: 8%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 49 49 49 49 49 49 49 49 49 49 49 63
Reserves 696 756 840 1,018 1,178 1,372 1,311 1,266 1,420 1,400 1,510 1,970
805 756 1,007 1,407 2,255 2,790 2,963 2,593 2,922 2,806 2,898 2,567
357 369 300 418 728 974 932 1,183 1,236 1,262 1,321 1,060
Total Liabilities 1,906 1,930 2,196 2,892 4,211 5,185 5,255 5,091 5,627 5,517 5,777 5,660
1,044 1,058 1,012 1,271 2,235 2,382 3,157 3,184 3,176 3,084 2,947 2,518
CWIP 11 46 44 113 32 634 173 142 44 30 32 13
Investments 0 0 48 0 126 123 29 18 13 10 2 11
852 826 1,094 1,508 1,818 2,046 1,896 1,747 2,394 2,394 2,796 3,117
Total Assets 1,906 1,930 2,196 2,892 4,211 5,185 5,255 5,091 5,627 5,517 5,777 5,660

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
49 228 181 186 19 478 434 576 68 354 322 235
-40 -71 -121 -544 -642 -743 -206 -12 -141 -10 -118 58
-11 -158 26 296 673 322 -348 -544 121 -401 -228 -258
Net Cash Flow -2 -0 86 -62 50 57 -120 20 48 -57 -23 35

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 2 10 12 12 16 23 18 54 46 91 116 143
Inventory Days 177 162 190 224 305 333 351 235 251 209 293 263
Days Payable 87 80 64 78 108 125 120 180 157 193 252 222
Cash Conversion Cycle 92 92 138 158 213 231 249 108 140 108 157 184
Working Capital Days 50 53 91 108 150 120 123 112 144 172 202 254
ROCE % 11% 11% 14% 15% 13% 12% 8% 4% 9% 4% 11% 9%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
47.57% 47.57% 47.57% 47.57% 47.57% 47.57% 47.57% 47.57% 47.57% 47.57% 37.24% 37.24%
3.15% 2.65% 2.44% 2.20% 2.69% 3.91% 4.03% 3.99% 3.75% 3.32% 12.06% 10.82%
9.53% 9.08% 7.44% 5.12% 2.42% 1.24% 1.05% 0.99% 0.99% 0.41% 8.36% 8.53%
39.75% 40.71% 42.57% 45.13% 47.32% 47.31% 47.36% 47.45% 47.70% 48.69% 42.34% 43.41%
No. of Shareholders 50,77051,01051,40550,30749,39246,19852,80652,94552,64356,04364,84069,361

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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