Himatsingka Seide Ltd
HIMATSEIDEHimatsingka Seide Ltd's three tracks disagree. Price, valuation and the earnings engine each tell a different story — the next quarter or two settles it.
The sharpest disagreement: annual EPS moved −18.5% against a −45.2% price move — the market has not yet caught up with the delivery.
The price is in a downtrend (51 weeks in) while the P/E sits at the 59th percentile of its own 10-year range. Underneath, the last four quarters read deteriorating — profit −88.2% year on year, and 222% of the last 3 years' profit arrived as cash. What settles it: whether the price catches up with earnings that have already moved.
Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.
Himatsingka Seide Ltd trades at ₹84.8, in a downtrend and 51 weeks into that stage. That is −15.0% against its own 200-day average. It sits at 16% of a 52-week range of ₹76 to ₹132. On relative strength it has been ahead of the NIFTY 500 on a trailing-13-week view for 5 straight weeks.
Today the stock is in a downtrend — week 51 of stage 4, confirmed. At ₹84.8 it trades −15.0% versus its 200-day average and sits at 16% of its 52-week range (₹76–₹132).
Against the market, two honest reads. Cumulative: over the last 10.3 years the stock moved −57% while the NIFTY 500 moved +266% — behind the index over the full window. Recent form: on a trailing-13-week view the stock has been ahead for 5 straight weeks — the ribbon below is that same metric, week by week.
What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.
→ The trend is one thing; the bill is another. Are you paying up for it? Next: the P/E sits at the 59th percentile of its own range.
Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.
Himatsingka Seide Ltd trades at 16.3× P/E, mid-range by its own standards (59th percentile). Its long-run median P/E is 14.2×, measured across 10.4 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.
Today's P/E of 16.3× is mid-range by its own standards (59th percentile), against a long-run median of 14.2× measured over 10.4 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.
Why the multiple sits where it does: over the past year annual EPS moved −18.5% against a −45.2% price move — earnings outran the price, pushing the multiple DOWN its own range.
The price move, decomposed: over 5y, of the −19.1%/yr price move, ~−19.6%/yr came from earnings growth and ~+0.5 pp from the multiple (roughly flat); over 10y, of the −11.1%/yr price move, ~−10.6%/yr came from earnings growth and ~−0.5 pp from the multiple (roughly flat). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.
Put together: the multiple is unremarkable against its own past, so the story rests on the earnings line underneath it, not the multiple.
A quarterly PEG curve, which only the second data source carries, is not drawn on this page: its two data sources do not share enough overlapping reported history to be compared. A figure nobody could check is not used to price growth — the gap is a decision, not missing data.
→ Cheap or dear rides on the earnings. Are they actually growing? Next: the fundamental stage — where the business sits in its arc, and how growth has compounded.
Stage: Deteriorating Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).
Himatsingka Seide Ltd reads as deteriorating on its fundamental arc. Deteriorating — revenue, profit and EPS growth are shrinking (revenue growth −9.5% latest against +13.5% at its 12-quarter best), ROCE lifting at 9.0%. The read is built from 8 quarters across 4 curves, on partial evidence.
🚨 Why it matters: falling curves mean every cheap-looking ratio below needs a discount for direction.
Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.
A partial read: at least one curve is short, or the returns curve is not the computed quarterly series — hold the stage word a little more loosely.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | −9.5% | −2.1% | +2.2% | +2.9% |
| Profit | −18.4% | — | — | −6.8% |
| EPS | −18.5% | — | — | −9.0% |
| Share price | −45.2% | −13.6% | −19.1% | −11.1% |
→ The stage names the trajectory. Next: the revenue line that produces it, quarter by quarter.
4-Factor Sector Score
34.6/100 — rank 5 of 5 in Textiles - Home Textile · 77% evidence confidence
Himatsingka Seide Ltd scores 34.6 out of 100 against the 5 companies it is compared with in Textiles - Home Textile, ranking 5. Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity.
The four contributions add to the total exactly: 9.9 + 8.6 + 13.1 + 3 = 34.6. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.
What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.
Revenue Revenue is the top line: everything the company billed its customers in the period.
Himatsingka Seide Ltd reported ₹617 Cr of revenue in the Mar 26 quarter, −6.0% year on year. Over 10 years it has compounded at 2.9% a year. The last full year, FY26, came in at ₹2,515 Cr. The last four reported quarters add to ₹2,515 Cr.
Himatsingka Seide Ltd reported ₹617 Cr of revenue in the Mar 26 quarter, −6.0% year on year. Over 10 years it has compounded at 2.9% a year. The last full year, FY26, came in at ₹2,515 Cr. The last four reported quarters add to ₹2,515 Cr.
FY26 revenue came in at ₹2,515 Cr (−9.5% on the year), capping 10 years at 2.9% compound. The latest quarter (Mar 26) printed ₹617 Cr, −6.0% year on year.
Pace check: the last four quarters averaged −9.4% growth against the decade's 2.9% — the current year is running slower than its own long-run rate.
Acceleration check: trailing-twelve-month revenue grew −9.5% over the last 4 quarters against −5.9%/yr over the last 8 — rolling over; TTM profit −18.5% vs −25.9%/yr — accelerating.
→ Revenue slipped — did margins hold as it scaled? Next: 8.1% this quarter (−9.9 pp YoY).
Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.
Himatsingka Seide Ltd's operating margin is 8.1% in the Mar 26 quarter, −9.9 percentage points against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged 10.0% to 21.0%. The current quarter is running below every full year in that window.
Himatsingka Seide Ltd's operating margin is 8.1% in the Mar 26 quarter, −9.9 percentage points against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged 10.0% to 21.0%. The current quarter is running below every full year in that window.
The latest quarter's operating margin is 8.1%, −9.9 pp against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged 10.0%–21.0%.
🚨 Why the margin moved: operating margin went −9.9 pp year on year while gross margin went −6.5 pp — the loss came mostly from the gross line: input costs and pricing.
→ Margins slipped — did that reach the bottom line? Next: profit −88.2% in the latest quarter.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
Himatsingka Seide Ltd earned ₹1.4 Cr of net profit in the Mar 26 quarter, −88.2% year on year. Full-year FY26 profit was ₹62.0 Cr. The 10-year compound rate is −6.8%. That is 0.2% of the quarter's revenue. The same quarter a year earlier earned ₹11.9 Cr.
Himatsingka Seide Ltd earned ₹1.4 Cr of net profit in the Mar 26 quarter, −88.2% year on year. Full-year FY26 profit was ₹62.0 Cr. The 10-year compound rate is −6.8%. That is 0.2% of the quarter's revenue. The same quarter a year earlier earned ₹11.9 Cr.
Mar 26 profit was ₹1.4 Cr, −88.2% year on year. On the full year, FY26 printed ₹62.0 Cr (−18.4%), and the 10-year compound rate is −6.8%.
🚨 Why profit moved: revenue contributed −6.0% and the margin −9.9 pp — the quarter was revenue-led despite a thinner margin.
Pace comparison, last four quarters: profit −26.7% vs revenue −9.4%. Profit is growing slower than sales — costs are eating the growth before it reaches the bottom line.
→ Profit rose — but did the cash follow? Next: 222% of the last 3 years' profit arrived as cash.
Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.
Over the last 3 fiscal years 222% of Himatsingka Seide Ltd's reported profit arrived as operating cash — the cash follows the profit. In FY26 that was ₹0.0 Cr of operating cash against ₹62.0 Cr of profit. After ₹171 Cr of capital spending, ₹−171 Cr was left as free cash.
FY26: operating cash of ₹0.0 Cr against reported profit of ₹62.0 Cr, leaving free cash of ₹−171 Cr after ₹171 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 222% of profit.
Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.
Why conversion sits at 222%: the cash cycle stretched 164 days between FY21 and FY26 — more of each rupee of profit waits inside the cycle before arriving.
Router verdict: no single sink dominates — the next section checks both the working-capital cycle and the capital spending.
→ So follow the cash to where it goes. Next: a 272-day cycle and ₹−103 Cr of building.
Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).
Himatsingka Seide Ltd's cash conversion cycle runs 272 days in FY26, up from 108 days in FY21. Capital spending ran ₹−103 Cr over the last 3 years. At FY26 sales of ₹2,515 Cr each day of that cycle holds about ₹6.9 Cr, so roughly ₹1,874 Cr sits inside the business at any moment.
FY26: debtors at 173 days, inventory at 323 days — roughly 10.6 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 272 days, looser than FY21's 108.
The full loop: cash goes out to suppliers and production on day 0; stock waits 323 days to sell; customers pay about 173 days after that; and suppliers themselves are paid at 224 days — netting out to the 272-day cycle.
In money terms: at FY26 sales of ₹2,515 Cr, each day of the cycle holds about ₹6.9 Cr — so the 272-day loop keeps roughly ₹1,874 Cr sitting inside the business at any moment.
On the investment side: capital spending of ₹−103 Cr over the last 3 fiscal years against ₹473 Cr of depreciation — spending at or below maintenance level. Capital work-in-progress stands at ₹19.0 Cr (FY26) — capacity paid for but not yet earning.
The synthesis: neither the cycle nor the build-out is hoarding the cash — the machine is reasonably clean.
→ Does all this activity actually earn its cost of capital? Next: ROCE is 9% and the ROIC − WACC spread is −9.8 pp.
Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.⚠ unverified
Himatsingka Seide Ltd earns a ROCE of 9% in FY26. That is up from a trough of 4% in FY21. Return on invested capital clears the cost of that capital by −9.8 percentage points, so growth here is not yet paying for the capital it uses. The wiring behind it is 2.5% net margin on 0.43× asset turns.
FY26 ROCE is 9%, recovered from a FY21 trough of 4% — the full ladder below shows the fall and the climb, undoctored.
🚨 Why the return is what it is — the wiring (FY26): 2.5% net margin × 0.43× asset turns × 2.76× balance-sheet leverage ≈ 3.0% on equity. Margin does its share; leverage is a meaningful part of the equation.
The capstone test — ROIC − WACC: 2.2% − 12.0% = a −9.8 pp spread. The 12.0% is a standing assumption for the cost of capital in India, not a per-stock estimate — read the sign and the size of the spread, not the decimals. Negative — growth at these returns destroys value until the returns recover.
→ Returns like these — is the balance sheet borrowing to make them? Next: debt-to-equity is 1.23.
Debt Debt-to-equity says how much of the business is funded by borrowings. Low is the safe corner; the trend matters as much as the level.⚠ unverified
Himatsingka Seide Ltd carries total debt of ₹2,636 Cr against shareholder equity of ₹2,141 Cr as of Mar 26, a debt-to-equity of 1.23. On the annual view that ratio went from 1.99 in FY22 to 1.23 in FY26. Read the returns elsewhere on this page with that leverage in mind.
Mar 26: total debt of ₹2,636 Cr against shareholder equity of ₹2,141 Cr — a debt-to-equity of 1.23. On the annual view, debt-to-equity went from 1.99 (FY22) to 1.23 (FY26). Read the returns on this page with that leverage in mind.
→ Who owns this, and are they adding or leaving? Next: Promoters cut 10.1 points over 8 quarters.
Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.
Promoters cut 10.1 points of Himatsingka Seide Ltd over 8 quarters, the biggest move on the register. That takes promoters to 37.5% of the company. Foreign institutions moved +3.7 points over the same window, to 7.4%. The register is read on the four disclosed classes only; nothing is inferred between filings.
The register over the last two years — Promoters: −10.1 points over 8 quarters to 37.5%; Foreign institutions: +3.7 points over 8 quarters to 7.4%; Domestic institutions: −0.9 points over 8 quarters to 0.1%.
🚨 Why the register moved: promoters drove it (−10.1 points), absorbed on the other side by foreign institutions (+3.7 points) — distribution into the market’s bid.
→ One last check: does the safety math agree? Next: the balance-sheet safety line.
Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.
Himatsingka Seide Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.
The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.
| Company | P/E | Mkt cap | Revenue | EPS | ROCE | Stage |
|---|---|---|---|---|---|---|
| Himatsingka Seide Ltd this page | 16.3× | ₹1,012 Cr | Deteriorating | |||
| Welspun Living Ltd | 71.3× | ₹15,538 Cr | Deteriorating | |||
| Trident Ltd | 32.4× | ₹12,801 Cr | Deteriorating | |||
| Indo Count Industries Ltd | 63.1× | ₹7,990 Cr | Deteriorating | |||
| Faze Three Ltd | 39.6× | ₹1,330 Cr | Mixed |
Frequently asked questions
What is Himatsingka Seide Ltd's share price today?
Himatsingka Seide Ltd trades at ₹84.8, −45.2% over the past year. The company is valued at ₹1,012 Cr. The stock sits at 16% of its 52-week range of ₹76–₹132, −15.0% versus its 200-day average. On the tape, the price is in a downtrend, 51 weeks in. — as of 24 July 2026.
What were Himatsingka Seide Ltd's latest quarterly results?
Himatsingka Seide Ltd reported revenue of ₹617 Cr and net profit of ₹1.4 Cr for the Mar 26 quarter. Revenue fell 6.0% and profit fell 88.2% year on year. Earnings per share were ₹0.11. The operating margin was 8.1%, 9.9 pp lower than a year earlier. — as of 24 July 2026.
What is Himatsingka Seide Ltd's revenue?
Himatsingka Seide Ltd reported revenue of ₹617 Cr in the Mar 26 quarter, −6.0% year on year. For the full FY26 fiscal year, revenue was ₹2,515 Cr (−9.5%). Over the last 10 years revenue compounded at 2.9% a year. — as of 24 July 2026.
What is Himatsingka Seide Ltd's profit?
Himatsingka Seide Ltd earned ₹1.4 Cr of net profit in the Mar 26 quarter, −88.2% year on year. Full-year FY26 profit was ₹62.0 Cr. The operating margin ran 8.1% in the latest quarter. — as of 24 July 2026.
What is Himatsingka Seide Ltd's market cap?
Himatsingka Seide Ltd's market capitalisation is ₹1,012 Cr at a share price of ₹84.8. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 24 July 2026.
What is Himatsingka Seide Ltd's P/E ratio?
Himatsingka Seide Ltd trades at a P/E of 16.3×, at the 59th percentile of its own 10-year range, against a long-run median of 14.2×. This is a comparison with the stock's own history, not a value call — as of 24 July 2026.
Does Himatsingka Seide Ltd pay a dividend?
Yes — Himatsingka Seide Ltd's dividend payout was 5% of profit in FY26, and it recorded a payout in 11 of its last 13 reported fiscal years. One of those years shows a negative ratio because profit itself was negative. This page holds the payout ratio, not a per-share amount. — as of 24 July 2026.
Is Himatsingka Seide Ltd overvalued?
On its own history, Himatsingka Seide Ltd looks mid-range against its own history: its P/E of 16.3× sits at the 59th percentile of its 10-year range (long-run median 14.2×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 24 July 2026.
Is Himatsingka Seide Ltd growing?
Not right now — Himatsingka Seide Ltd's latest numbers are shrinking: latest-quarter revenue −6.0% year on year, profit −88.2%, and the margin −9.9 pp at 8.1%. The 10-year compound rates are 2.9% (revenue) and −6.8% (profit). The earnings engine currently reads: deteriorating — as of 24 July 2026.
How is Himatsingka Seide Ltd performing?
Himatsingka Seide Ltd is in a downtrend, 51 weeks in. Its latest quarter's revenue fell 6.0% and profit fell 88.2% year on year. Against the NIFTY 500 it has been ahead on a trailing-13-week view for 5 weeks. This describes what the data did, not a rating. — as of 24 July 2026.
What stage is Himatsingka Seide Ltd in?
Deteriorating — revenue, profit and EPS growth are shrinking (revenue growth −9.5% latest against +13.5% at its 12-quarter best), ROCE lifting at 9.0%. The read comes from the last 12 quarters of growth (revenue growth −9.5% latest, profit growth −18.5% latest, eps growth −29.4% latest) plus the ROCE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 24 July 2026.
Is Himatsingka Seide Ltd in an uptrend?
No — the price is in a downtrend (week 51 of stage 4), trading −15.0% versus its 200-day average and at 16% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 24 July 2026.
Is Himatsingka Seide Ltd beating the market?
On recent form, yes — Himatsingka Seide Ltd has been ahead of the NIFTY 500 on a trailing-13-week view for 5 straight weeks, the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 10.3 years the stock moved −57% against the NIFTY 500's +266% — behind the index over the full window. — as of 24 July 2026.
Will Himatsingka Seide Ltd's share price go up?
This page publishes no price forecast for Himatsingka Seide Ltd. What it measures instead: the share price is ₹84.8, the price is in a downtrend 51 weeks in. Its P/E of 16.3× sits at the 59th percentile of its own 10-year range. — as of 24 July 2026.
Who owns Himatsingka Seide Ltd?
Promoters hold 37.5% of Himatsingka Seide Ltd, foreign institutions 7.4%, domestic institutions 0.1% and the public 55.0% (latest quarter). The biggest move on the register over the last two years: Promoters cut 10.1 points over 8 quarters. — as of 24 July 2026.
Does Himatsingka Seide Ltd have too much debt?
It carries real leverage — Himatsingka Seide Ltd's debt-to-equity is 1.23, and operating profit covers the interest bill 1×. FY26 borrowings were ₹2,636 Cr against equity of ₹2,141 Cr. Read the returns on this page with that leverage in mind — as of 24 July 2026.
What is Himatsingka Seide Ltd's capex?
Himatsingka Seide Ltd spent ₹−103 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY26 alone that was ₹171 Cr, with ₹19.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 24 July 2026.
What is Himatsingka Seide Ltd's cash flow?
Himatsingka Seide Ltd generated ₹0.0 Cr of operating cash flow in FY26 and ₹−171 Cr of free cash flow after ₹171 Cr of capital spending. Reported profit that year was ₹62.0 Cr, so operating cash ran behind profit. Cash-flow resolution for India is annual. — as of 24 July 2026.
Is Himatsingka Seide Ltd's profit real cash?
Yes — over the last 3 fiscal years, 222% of Himatsingka Seide Ltd's reported profit arrived as operating cash. In FY26, operating cash was ₹0.0 Cr against reported profit of ₹62.0 Cr. The cash then goes into a mix of the working-capital cycle and capacity. Cash-flow resolution is annual — as of 24 July 2026.
Where is Himatsingka Seide Ltd in its business cycle?
Himatsingka Seide Ltd's FY26 operating margin was 14.0%, against a 13-year band of 10.0%–21.0%: mid-band by its own history — neither the peak that precedes mean-reversion nor the trough that precedes recovery. The latest quarter ran 8.1%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 24 July 2026.
What could break the Himatsingka Seide Ltd story?
The sharpest disagreement: annual EPS moved −18.5% against a −45.2% price move — the market has not yet caught up with the delivery. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 24 July 2026.
Is Himatsingka Seide Ltd a stock worth studying right now?
This is not investment advice. The machine read: Himatsingka Seide Ltd's three tracks disagree. Price, valuation and the earnings engine each tell a different story — the next quarter or two settles it. The sharpest open question: whether the price catches up with earnings that have already moved. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 24 July 2026.