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Himatsingka Seide Ltd

(HIMATSEIDE)

₹215.942.31%

as on 04:02PM, 18 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Himatsingka Seide Ltd Analyst Rating

based on 2 analysts

BUY

50.00%

Buy

50.00%

Hold

0.00%

Sell

Based on 2 analysts offering long term price targets for Himatsingka Seide Ltd. An average target of ₹182.5

Source: S&P Global Market Intelligence

Himatsingka Seide Ltd Share analysis

Himatsingka Seide Ltd price forecast by 2 analysts

Downside of-17.44%

High

₹210

Target

₹182.50

Low

₹155

Himatsingka Seide Ltd target price ₹182.5, a slight downside of -17.44% compared to current price of ₹215.94. According to 2 analysts rating.

Source: S&P Global Market Intelligence

Himatsingka Seide Ltd Performance

  • Day's Low

    Day's High

    ₹213.32
    Day's Price Range
    ₹221.7
  • 52 Week's Low

    52 Week's High

    ₹114.5
    52-Week Price Range
    ₹231.3
1 Month Return+ 38.95 %
3 Month Return+ 36.75 %
1 Year Return+ 25.28 %
Previous Close₹221.05
Open₹221.05
Volume14.69L
Upper Circuit-
Lower Circuit-
Market Cap₹2,779.53Cr

Himatsingka Seide Ltd Key Statistics

P/E Ratio23.05
PEG Ratio15.47
Market Cap₹2,779.53 Cr
P/B Ratio0.67
EPS11.46
Dividend Yield0.2
SectorTextiles
ROE6.68

Himatsingka Seide Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹2,779.53 Cr16.33%0.81₹112 Cr₹2,841 Cr
NA₹736.91 Cr45.51%0.56₹34 Cr₹200 Cr
NA₹44.78 Cr30.9%0.73NANA
NA₹3,028.43 Cr53.84%0.59NANA
NA₹18.87 Cr82.94%0.82₹1 Cr₹31 Cr

About Himatsingka Seide Ltd

Himatsingka Seide Ltd is an India-based company engaged in the manufacture of home textile products, including silk/blended fabrics spun silk/blended yarn bed linen fabric and bed linen sets. They offer their products across multiple countries, and as of March 31, 2019, had four subsidiaries. The company operates through their spinning and weaving divisions; spinning division in collaboration with Filati Buratti of Italy to produce silk/blended yarn and weaving division to offer yarn-dyed decorative bridal and fashion fabrics. Himatsingka Seide was incorporated in 1985 and since then has undertaken numerous expansions and acquisitions - such as ABC Trading Pvt Ltd, Giuseppe Bellora SpA and Divatex Home Fashions Inc. - to expand their presence across the world.

The company has launched India's first luxury home furnishing brand, created ten showrooms across the country, and opened a store in Dubai, UAE. With their new bed linen manufacturing facility at Hassan Special Economic Zone having an annual installed capacity of 20 million meters, they have also received the Largest Silk Exporter award for the 14th consecutive year. Furthermore, they are setting up a 12.5 MW coal-based cogeneration power plant expected to be commissioned by August 2009. More recently, the company acquired the exclusive rights to the famous Tommy Hilfiger Home brand, introduced Himatsingka Europe Ltd to their European operations, and undertook a Scheme of Arrangement to demerge the retail business division of Himatsingka Wovens Private Limited.

Share Price: ₹215.94 per share as on 18 Dec, 2024 04:02 PM
Market Capitalisation: ₹2,779.53Cr as of today
Revenue: ₹694.33Cr as on September 2024 (Q3 24)
Net Profit: ₹21.70Cr as on September 2024 (Q3 24)
Listing date: 10 Jan, 1995
Chairperson Name: Shrikant Himatsingka
OrganisationHimatsingka Seide Ltd
Headquarters
IndustryTextiles
E-voting on sharesClick here to vote

Key events for Himatsingka Seide Ltd

  • Himatsingka Seide Breaks 2023 Highs with Strong Volume - 17 Dec, 2024

    Himatsingka Seide has established itself as a key player in the home textiles market, recently breaking above its 2023 highs on the weekly chart. This breakout, supported by significant volume, indicates strong accumulation and bullish market sentiment, reflecting the company's resilience amid global fluctuations.
  • Himatsingka Seide Reaches New High Amid Market Confidence - 09 Dec, 2024

    Himatsingka Seide Ltd. achieved a 52-week high of Rs 211.95, up 8.79%, as investors reacted positively to the company's prospects amid challenges in Bangladesh's textile sector.
  • Jupiter India Fund Reduces Stake in Himatsingka Seide - 06 Dec, 2024

    The Royal Bank of Scotland Plc, as Trustee of Jupiter India Fund, sold a 0.5% stake in Himatsingka Seide for Rs 13.48 crore at Rs 195.22 per share. The stock closed 0.5% higher.
  • Himatsingka Seide Reports Decline in Q3 Performance - 03 Dec, 2024

    Himatsingka Seide's September 2024 net sales fell 6.06% year-on-year to Rs 694.33 crore. Net profit decreased by 24.59% to Rs 21.70 crore, while EBITDA also declined by 7.52%. The EPS dropped to Rs 2.20 from Rs 2.92 in the previous year. Despite these declines, shares have shown a 53.03% return over the last six months.
  • Himatsingka Seide Reports Decline in Q3 Performance - 22 Nov, 2024

    Himatsingka Seide's standalone net sales for September 2024 fell 11.23% year-on-year to Rs 568.09 crore. Net profit decreased by 56.27% to Rs 13.21 crore, while EBITDA also declined by 13.92%. The EPS dropped to Rs 1.34 from Rs 3.07 in the previous year. Shares closed at Rs 162.60, reflecting an 18.17% return over six months but a -3.53% decline over the past year.
  • Sunil Singhania Invests in Himatsingka Seide - 18 Nov, 2024

    Sunil Singhania acquired 8.5 million shares of Himatsingka Seide during its QIP at Rs 146 per share. This significant investment is expected to strengthen the company's capital base and support growth initiatives, targeting Rs 1,000 crores in revenue from the Indian market over five years.

Insights on Himatsingka Seide Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 20.56 Cr → 21.7 Cr (in ₹), with an average increase of 5.3% per quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 3.32% to 13.79% in Oct 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 month, HIMATSEIDE stock has moved up by 39.0%

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 0.23% to 1.49% in Oct 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Swan Energy Ltd has given 462.9% return, outperforming this stock by 453.9%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Swan Energy Ltd has given 57.2% return, outperforming this stock by 31.9%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 48.70% to 37.78% in Oct 2024 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 738.08 Cr → 700.31 Cr (in ₹), with an average decrease of 5.1% per quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 47.57% to 37.25% in Oct 2024 quarter

Himatsingka Seide Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹739.14Cr (-)₹723.31Cr (↓2.14%)₹696.87Cr (↓3.66%)₹735.46Cr (↑5.54%)₹694.33Cr (↓5.59%)
Net Income₹28.78Cr (-)₹31.16Cr (↑8.27%)₹23.74Cr (↓23.81%)₹20.56Cr (↓13.40%)₹21.70Cr (↑5.54%)
Net Profit Margin3.89% (-)4.31% (↑10.80%)3.41% (↓20.88%)2.80% (↓17.89%)3.13% (↑11.79%)
Value in ₹ crore
Details2021202220232024
Total Assets₹5,217.72Cr (-)₹5,748.38Cr (↑10.17%)₹5,593.22Cr (↓2.70%)₹6,070.40Cr (↑8.53%)
Total Liabilities₹3,658.54Cr (-)₹4,038.35Cr (↑10.38%)₹3,925.93Cr (↓2.78%)₹4,285.01Cr (↑9.15%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹294.57Cr (-)₹368.81Cr (↑25.20%)₹39.05Cr (↓89.41%)₹190.95Cr (↑388.99%)₹234.27Cr (↑22.69%)

Index Inclusions

BSE Small-Cap

₹56,496.71

-0.76 (-432.27%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Himatsingka Seide Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
37.25%
-21.70
Foreign Institutions
13.79%
315.80
Mutual Funds
1.49%
535.16
Retail Investors
37.78%
-22.43
Others
9.7%
5256.38

Himatsingka Seide Ltd Key Indicators

Details20202021202220232024
Earning Per Share (₹)1.35-5.4214.3-6.5111.46
Details20202021202220232024
Return On Equity %9.993.539.44-2.766.68
Details20202021202220232024
Return On Assets %0.26-1.022.45-1.151.86
Details20202021202220232024
Book Value Per Share (₹)138.13133.58149.27147.17158.34

Himatsingka Seide Ltd Valuation

Himatsingka Seide Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-35.12x)

June 23, 2021

Today (23.05x)

December 16, 2024

Industry (82.09x)

December 16, 2024

Highest (80.07x)

September 8, 2023

LowHigh

Himatsingka Seide Ltd Earnings and Dividends

  • Himatsingka Seide Ltd Earnings Results

    Himatsingka Seide Ltd’s net profit fell -24.6% since last year same period to ₹21.70Cr in the Q2 2024-2025. On a quarterly growth basis, Himatsingka Seide Ltd has generated 5.54% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Himatsingka Seide Ltd Dividends May,2024

    In the quarter ending March 2024, Himatsingka Seide Ltd has declared dividend of ₹0.25 - translating a dividend yield of 0.12%.

    Read More about Dividends

Himatsingka Seide Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

Himatsingka Seide Ltd is currently in a Bullish trading position according to technical analysis indicators.

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Himatsingka Seide Ltd (HIMATSEIDE) share price today is ₹215.94

Himatsingka Seide Ltd is listed on NSE

Himatsingka Seide Ltd is listed on BSE

  • Today’s highest price of Himatsingka Seide Ltd is ₹221.7.
  • Today’s lowest price of Himatsingka Seide Ltd is ₹213.32.

PE Ratio of Himatsingka Seide Ltd is 23.05

PE ratio = Himatsingka Seide Ltd Market price per share / Himatsingka Seide Ltd Earnings per share

Today’s traded volume of Himatsingka Seide Ltd(HIMATSEIDE) is 14.69L.

Today’s market capitalisation of Himatsingka Seide Ltd(HIMATSEIDE) is ₹2779.53Cr.

Himatsingka Seide Ltd(HIMATSEIDEPrice
52 Week High
₹231.3
52 Week Low
₹114.5

Himatsingka Seide Ltd(HIMATSEIDE) share price is ₹215.94. It is down -6.64% from its 52 Week High price of ₹231.3

Himatsingka Seide Ltd(HIMATSEIDE) share price is ₹215.94. It is up 88.59% from its 52 Week Low price of ₹114.5

Himatsingka Seide Ltd(HIMATSEIDEReturns
1 Day Returns
-5.11%
1 Month Returns
38.95%
3 Month Returns
36.75%
1 Year Returns
25.28%