Himatsingka Seide's Q1 FY 2026-27 Quarterly Results

Result Summary

• Himatsingka Seide Ltd reported a 12.1% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a decline of 4.0%.
• Its expenses for the quarter were down by 9.2% QoQ and 3.2% YoY.
• The net profit increased 253.9% QoQ and decreased 54.2% YoY.
• The earnings per share (EPS) of Himatsingka Seide Ltd stood at 0.4 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Himatsingka Seide Ltd is a textile company based in India, primarily engaged in the manufacturing, retailing, and distribution of home textile products. The company is known for its luxury textiles, including bed linens, drapery and upholstery fabrics, and other home furnishing items. It operates in the textile industry, which is characterized by its reliance on both domestic and international markets. The company has been involved in various initiatives to expand its global footprint, although specific recent developments are not provided in the current data. The company's operations are heavily influenced by global demand for textiles, raw material prices, and competition within the industry.

Revenue

In the first quarter of fiscal year 2027 (Q1FY27), Himatsingka Seide Ltd reported a total income of ₹634.32 crores. This represents a decrease of 12.1% compared to the previous quarter, Q4FY26, where the total income was ₹721.68 crores. When compared to the same quarter of the previous fiscal year (Q1FY26), the total income decreased by 4.0%, from ₹661.02 crores to ₹634.32 crores. These changes indicate a decline in revenue both on a quarter-over-quarter (QoQ) and year-over-year (YoY) basis, reflecting variations in sales or other income streams during these periods.

Profitability

The company recorded a profit before tax of ₹8.15 crores in Q1FY27, which is a significant drop of 74.8% from ₹32.34 crores in Q4FY26. Compared to Q1FY26, where the profit before tax was ₹14.32 crores, this represents a decrease of 43.1%. The tax expenses for Q1FY27 were ₹3.29 crores, down from ₹30.62 crores in the previous quarter and from ₹3.64 crores in the same quarter last year. Profit after tax in Q1FY27 was ₹4.99 crores, showing a substantial increase of 253.9% from ₹1.41 crores in Q4FY26, but a decline of 54.2% from ₹10.90 crores in Q1FY26. Earnings per share followed a similar trend, rising 263.6% QoQ to ₹0.40, but down 54.0% YoY from ₹0.87.

Operating Metrics

Total expenses for Himatsingka Seide Ltd in Q1FY27 were ₹626.17 crores, which represents a decrease of 9.2% from the previous quarter’s expenses of ₹689.34 crores. Compared to the same quarter in the previous year, expenses also decreased by 3.2% from ₹646.70 crores. These figures suggest variations in the company's cost management or operational efficiency. The decline in both total income and total expenses over the same periods highlights changes in the company's operational scale or input costs. The company's financial performance, as reflected in the profit before tax and profit after tax, shows significant fluctuations, which may be influenced by various operational factors, though specifics are not provided in the data.