Himatsingka Seide Ltd

Himatsingka Seide Limited announced that its securities committee has allotted 500 Tranche 5 Series E unlisted, secured, redeemable, taxable, transferable non-convertible debentures, each with a face value of Rs 500,000, on a private placement basis, aggregating to Rs 25 crore. The debentures carry an interest rate of 11.50% per annum, payable quarterly, and will mature on February 28, 2030, with principal repayment in three installments.

Himatsingka Seide Limited informed the Bombay Stock Exchange and National Stock Exchange of India that its board of directors approved September 17, 2026, as the record date for determining members eligible for the final dividend payment for the financial year ended March 31, 2026.

Himatsingka Seide Limited announced that its Securities Committee of the Board of Directors confirmed the terms of issue for Series 1 Listed Non-Convertible Debentures, aggregating to Rs 300 crore, with a green shoe option of up to Rs 250 crore, to be issued on a private placement basis. The debentures will have a tenure of 42 months and offer an interest rate of 11.50% per annum, payable quarterly, with principal repayment in three installments at the end of 30, 36, and 42 months.

Himatsingka Seide Limited informed the Bombay Stock Exchange and National Stock Exchange of India that its board of directors approved September 17, 2026, as the record date for determining members eligible for the final dividend payment for the financial year ended March 31, 2026.

Himatsingka Seide Ltd share price slipped 3.29% to Rs 76.47. The Company's net profit saw a strong growth of 180.35% to Rs 4.85 crore, while revenue from operations improved marginally 0.66% to Rs 621.3 crore in Q2FY26 over Q1FY26. The market capitalization of Other Textile Products industry group stocks on BSE stood at Rs 1.64 lakh crore, rising 3.17%. It has softened by 0.33% over last one week and jumped by 16.89% in last one month while the market capitalization of Himatsingka Seide Ltd has eased by 4.22% and 0.62% in the same period respectively. Profit before tax (PBT) of Himatsingka Seide Ltd stood at Rs 8.15 crore in Q2 FY26, crashing by 43.09% year-on-year, and nosediving by 74.80% quarter-on-quarter. EBITDA came in at Rs 75 crore, plunging by 35.42% YoY and tumbling by 237.47% sequentially. Total expenses slightly declined by 9.51% to Rs 562.34 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 260.95 crore, marginally falling by 4.24% YoY, while employee benefits expense was at Rs 61.98 crore, seeing a marginal contraction of 6.35% YoY. For the TTM ended FY26, revenue from operations eased 2.23% to Rs 2778.2 crore, while net profit witnessed a sharp fall of 32.39% to Rs 76.28 crore, compared to previous TTM. EBITDA soared by 56739% to Rs 449.08 crore, and PBT tumbled by 89.25% to Rs 17.49 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 235.13 crore in FY26, as against Rs 322.34 crore in FY25. Himatsingka Seide Ltd plunged by 36.49% in last one year, underperforming the benchmark BSE Sensex which has slipped by 3.04% during the same period.

Himatsingka Seide Limited announced that its securities committee has allotted 100 Tranche 4 Series E unlisted, secured, redeemable, taxable, transferable non-convertible debentures to eligible investors on a private placement basis, with a face value of Rs 500,000 each, aggregating to Rs 50 crore. The debentures, carrying an interest rate of 11.50% per annum payable quarterly, have a tenure of 42 months, with the principal repayment scheduled in three installments at the end of 30, 36, and 42 months, respectively, and the deemed date of allotment being August 7, 2026.

Himatsingka Seide Limited will hold a board meeting on Wednesday, August 12, 2026, to consider and approve the unaudited financial results (standalone and consolidated) for the quarter ended June 30, 2026, according to a regulatory filing. The company also announced that the trading window for dealing in securities will remain closed until 48 hours after the declaration of the results.

Himatsingka Seide Limited announced the allotment of 250 Tranche 3 Series E unlisted, senior, secured, unrated, redeemable, taxable transferable non-convertible debentures, each with a face value of Rs 5,00,000, aggregating to Rs 12,50,00,000, on a private placement basis. The company stated the debentures have a tenure of 42 months, with a coupon rate of 11.50% payable quarterly, and will mature on January 31, 2030.

Himatsingka Seide has on 10 July 2026, allotted 700 Tranche 2 Series D Unlisted, Senior, Secured, Unrated, Redeemable, Taxable Transferable Non-Convertible Debentures (Tranche 2 Series D Debentures) denominated in Indian Rupees (Rs.) each having a face value of Rs. 5,00,000, issued at par, aggregating to Rs. 35 crore, on a private placement basis.

Himatsingka Seide announced that the Board of Directors of the Company at its meeting held on 27 May 2026, inter alia, have recommended the final dividend of Rs 0.25 per equity Share (i.e. 5%) , subject to the approval of the shareholders.