Himatsingka Seide Ltd

Himatsingka Seide Ltd Performance

Day's Price Range
52-Week Price Range
1 Month Return-2.7 %
3 Month Return-3.08 %
1 Year Return-52.33 %

Analyst Rating

based on 3 analysts


Based on 3 analysts offering long term price targets for Himatsingka Seide Ltd. An average target of ₹103.33

Source: S&P Global Market Intelligence

Analyst Forecast

Himatsingka Seide Ltd price forecast by 3 analysts

Upside of36.77%







Current Price: ₹74.25

Target Price: ₹103.33

Source: S&P Global Market Intelligence

Himatsingka Seide Ltd Valuation

Himatsingka Seide Ltd in the last 5 years

Lowest (-35.12x)

June 23, 2021

Today (-9.49x)

March 22, 2023

Highest (49.96x)

June 26, 2020



Price to Earnings TTM Ratio

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.


    Revenue Rich

    Revenue is up for the last 2 quarters, 639.68Cr → 750.04Cr (in ₹), with an average increase of 14.7% per quarter


    Retail Holding Up

    Retail Investor have increased holdings from 40.70% to 42.55% in Dec 2022 quarter


    Profit Spike

    Netprofit is up for the last 3 quarters, -54.73Cr → 2.2Cr (in ₹), with an average increase of 851.0% per quarter

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    Promoter Holding Unchanged

    Promoters holdings remained unchanged at 47.57% of holdings in Dec 2022 quarter

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    Against Peers

    In the last 1 year, Raymond Ltd has given 63.0% return, outperforming this stock by 115.3%

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    Against Peers

    In the last 3 years, K P R Mill Ltd has given 771.8% return, outperforming this stock by 719.4%


    MF Holding Down

    Mutual Funds have decreased holdings from 9.01% to 7.37% in Dec 2022 quarter


    FII Holding Down

    Foreign Institutions have decreased holdings from 2.64% to 2.43% in Dec 2022 quarter


    Price Dip

    In the last 1 year, HIMATSEIDE stock has moved down by -52.3%

Himatsingka Seide Ltd Shareholding Pattern

InvestorsHoldings %Prev. 4 periods3M change
Promoter Holdings
Foreign Institutions
Mutual Funds
Retail Investors

Himatsingka Seide Ltd Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Corporate Announcements

  • Himatsingka Seide Ltd Earnings Results

    Himatsingka Seide Ltd’s net profit fell -91.87% since last year same period to ₹2.2Cr in the Q3 2022-2023. On a quarterly growth basis, Himatsingka Seide Ltd has generated 106.49% jump in its net profits since last 3-months.

    Read More
  • Himatsingka Seide Ltd Dividends May,2022

    In the quarter ending June 2022, Himatsingka Seide Ltd has declared dividend of ₹0.5 - translating a dividend yield of 0.66%.

    Read More

Himatsingka Seide Ltd Company Information

Himatsingka Seide Ltd is an Indiabased company which is engaged in manufacturing of home textile products mainly in bedding drapery and upholstery products made of cotton silk and blends. Their products include silk/blended fabrics spun silk/blended yarn bed linen fabric and bed linen sets. The company products are offered across Germany France England Italy South America Australia and USA. As on March 31 2019 the Company had subsidiaries namely Himatsingka Wovens Pvt Ltd Himatsingka Holdings NA Inc Himatsingka America Inc.and Himatsingka Europe Pvt. Ltd.The company operates through their spinning and weaving divisions. Himatsingka Filati the spinning division was established in technical collaboration with Filati Buratti of Italy which produces a wide range of regular and fancy 100 silk and silk blended yarns and the weaving division offers yarn dyed decorative bridal and fashion fabrics. The entire operation of winding doubling twisting dyeing weaving and finishing is integrated under one roof.Himatsingka Seide Ltd was incorporated in the year January 23rd 1985 and was promoted by Ajoy Kumar Himatsingka and Dinesh Himatsingka. In March 1993 the company came out with a rights issue at a premium to partfinance their expansion and to augment funds for meeting longterm working capital requirements.During the year 199798 the company successfully implemented 600000 square meters of weaving capacity at a cost of Rs 20.20 crore. Also the company set up 2 units of 2.2 MW each captive power plant at a cost of Rs 6.61 crore. During the year 200001 the company added 12 rapier looms which further augmenting capacity by 400000 meter.During the year 200203 the company acquired ABC Trading Pct Ltd for a total consideration of Rs 5.75 crore. Thus ABC Trading Pvt Ltd became a wholly owned subsidiary of the company and the name of the ABC Trading Pvt Ltd has been changed to Himatsingka Wovens Pvt Ltd. The company used the Himatsingka Wovens Pvt Ltd as their vehicle for the retail venture.During the year 200304 the company forayed into domestic retailing launched atmosphere India s first luxury home furnishing brand. The first showroom was opened at Bangalore in September 2003 and three more showrooms at Mumbai Chennai and Delhi between October 2003 and March 2004. In April 2004 the company incorporated a wholly owned subsidiary Himatsingka America Inc. in New York to strengthen their distribution network in USA and from July 2004 the subsidiary company commenced their operation. During the year 200405 the company added six more showrooms taking the total number to ten.In February 2007 the company acquired 70 stake in Giuseppe Bellora SpA Italy for the consideration of EUR 11.51 million Rs 68.76 crore. This marks the first step towards global integration for the company. Also they launched their first international store in Dubai UAE. In May 2007 the company set up a wholly owned subsidiary company Himatsingka Singapore Pte Ltd which launched a store in Singapore during October 2007. In June 2007 the company through their wholly owned subsidiary Himatsingka America Inc acquired 80 in Divatex Home Fashions Inc. New York and in October 2007 they completed the acquisition of a 100 stake in DWI Holdings Inc USA through their wholly owned subsidiary Himatsingka America Inc. Himatsingka Wovens Pvt Ltd the wholly owned subsidiary commissioned a made ups unit at Apparel Park in Bangalore.In October 2007 the company commissioned their new bed linen manufacturing facility with an annual installed capacity of 20 million meters located at Hassan Special Economic Zone in Karnataka. The company received the Largest Silk Exporter award from the Indian Silk Export Promotion Council for the fourteenth consecutive year.The company is setting up a captive 12.5 MW coal based cogeneration power plant at Hassan SEZ which is expected to be commissioned by August 2009.With effect from 1st August 2015 the Groups holding company in North America has been renamed Himatsingka Holdings NA Inc. In addition the two operating subsidiaries Divatex Home Fashions Inc and DWI Holdings Inc have been merged and renamed as Himatsingka America. Inc.The Drapery and Upholstery unit of the Company which was operating as 100 Export Oriented Unit EOU has exited out of EOU on November 5 2015 and currently operates as a Domestic Tariff Area Unit DTA. Bed Linen unit of the Company at Hassan which was operating as Special Economic Zone SEZ exited out of SEZ and currently operates as a Domestic Tariff Area Unit DTA. The Official Memorandum dated 27th January 2016 along with final exit notification from Ministry of Commerce and Industry Department of Commerce SEZ Section has been received by the Company.With effect from February 17 2017 the Company has incorporated a wholly owned subsidiary in Europe namely Himatsingka Europe Ltd which is registered with the Registrar of Companies for England and Wales.As part of strategy to have London as Head Quarters for whole of European Operations the Board of Directors of the Company in their meeting held on March 22 2017 approved disinvestments of 100 holding in its Subsidiary Company Giuseppe Bellora Srl and sell the same to its wholly owned subsidiary Himatsingka Europe Limited at fair value. Post disinvestments of companys holding Giuseppe Bellora Srl has become a wholly owned step down subsidiary under existing wholly owned subsidiary of Himatsingka Europe Limited.Himatsingka America Inc. a wholly owned subsidiary of Himatsingka Seide Limited concluded the acquisition of the home portfolio from the Global Brands Group Holding Limited on May 18 2018. The acquired home portfolio includes the exclusive license rights to famous and iconic Tommy Hilfiger Home brand the Copper Fit brand and other brands. During the year under review Himatsingka Singapore Pte Ltd a step down wholly owned subsidiary of Company through Himatsingka Wovens Private Limited struck off under the Laws of Singapore w.e.f March 08 2019 and Giuseppe Bellora LLC merged with Himatsingka America Inc. w.e.f March 26 2019.In FY19 the Company undertook an initiative to reorganise its European operations. As a result of the reorganization the Company entered into a Share Purchase agreement with Himatsingka Holdings NA Inc. USA a wholly owned subsidiary and sold 100 stake in Himatsingka Europe Limited a wholly owned subsidiary of the Company. Further Giuseppe Bellora Srl Italy a 100 wholly owned subsidiary of Himatsingka Europe Limited after shifting its seat of incorporation from Italy to USA was merged with Himatsingka America Inc USA. Himatsingka America Inc USA is a wholly owned subsidiary of Himatsingka Holdings NA Inc. USA.Through the Scheme of Arrangement demerger of the retail business division of Himatsingka Wovens Private Limited wholly owned subsidiary with the Company was envisaged in FY19. Pursuant to applications submitted to Office of Regional Director South East Region Ministry of Corporate Affairs Hyderabad the same has been approved and the division has been duly vested with Company and same have been reflected in books of accounts.

Himatsingka Seide Ltd Share Price: ₹74.25 per share as on 23 Mar, 2023 04:01 PM
Himatsingka Seide Ltd Market Capitalisation: ₹688.24Cr as of today
Himatsingka Seide Ltd Revenue: ₹750.04Cr as on December 2022 (Q4 22)
Himatsingka Seide Ltd Net Profit: ₹2.2Cr as on December 2022 (Q4 22)
Himatsingka Seide Ltd Listing date: 01 Oct, 1995
Himatsingka Seide Ltd Chairperson Name: D K Himatsingka
OrganisationHimatsingka Seide Ltd
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Frequently Asked Questions

Himatsingka Seide Ltd(HIMATSEIDE) share price today is ₹74.25 (last updated 23 Mar, 2023 at 04:01 PM)

  • Today’s highest price of Himatsingka Seide Ltd(HIMATSEIDE) is ₹76.45.
  • Today’s lowest price of Himatsingka Seide Ltd(HIMATSEIDE) is ₹74.10.
  • (last updated 23 Mar, 2023 at 04:01 PM)
Today’s traded volume of Himatsingka Seide Ltd(HIMATSEIDE) is 307289.
Today’s market capitalisation of Himatsingka Seide Ltd(HIMATSEIDE) is ₹688.24Cr.
Himatsingka Seide Ltd(HIMATSEIDE)Price
52 Week High₹174.90
52 Week Low₹68.60
  • (last updated 23 Mar, 2023 at 04:01 PM)
  • Himatsingka Seide Ltd(HIMATSEIDE) share price is ₹74.25 (last updated 23 Mar, 2023 at 04:01 PM). It is down -57.55% from its 52 Week High price of ₹174.90
    Himatsingka Seide Ltd(HIMATSEIDE) share price is ₹74.25 (last updated 23 Mar, 2023 at 04:01 PM). It is up 8.24% from its 52 Week Low price of ₹68.60
    Himatsingka Seide Ltd(HIMATSEIDE)Returns (%)
    1 Day Returns-1.72%
    1 Month Returns-2.70%
    1 Year Returns-52.33%
    3 Year Returns52.32%
    5 Year Returns-77.80%
    Himatsingka Seide Ltd(HIMATSEIDE) share price is ₹74.25 and its price to earning (PE) is -9.49. A high PE ratio indicates that a share price is overvalued, or investors are expecting a high growth rate in the future.

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