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  • Industry challenges impact export-focused home textile companies in Q1 FY19 Aug 29, 2018 07:29 PM IST

    Industry challenges impact export-focused home textile companies in Q1 FY19

    While the rupee’s depreciation against the dollar in recent times could offer some respite to home textile majors, the near-term outlook for the sector as a whole is far from promising.

  • Himatsingka Seide: A long-term pick Jun 04, 2018 04:27 PM IST

    Himatsingka Seide: A long-term pick

    Going into FY19, revenue contribution from brands, asset turns of existing and new capacities, and regional diversification by foraying into new geographies will be pivotal to the company's success.

  • Himatsingka Seide Q3 – Operating leverage holds the key to a re-rating Feb 14, 2018 05:27 PM IST

    Himatsingka Seide Q3 – Operating leverage holds the key to a re-rating

    Operating leverage, backward integration, capacity addition (for terry towels), risk diversification, and increased emphasis on sale of brands are the key moats that make Himatsingka Seide a good investment proposition.

  • Himatsingka Seide Q2 PAT seen up 25% YoY to Rs. 57.6 cr: Edelweiss Oct 13, 2017 04:27 PM IST

    Himatsingka Seide Q2 PAT seen up 25% YoY to Rs. 57.6 cr: Edelweiss

    Net Sales are expected to increase by 9 percent Y-o-Y (up 7.2 percent Q-o-Q) to Rs. 573.5 crore, according to Edelweiss.

  • Himatsingka Seide: A consistent performer with a solid outlook Aug 14, 2017 09:41 AM IST

    Himatsingka Seide: A consistent performer with a solid outlook

    The company continues to leverage on its fundamental strengths optimally, as evident from the numbers in the quarter gone by.

  • Himatsingka Seide Q1 PAT seen up 7.6% YoY to Rs 48.8 cr: Edelweiss Jul 12, 2017 06:01 PM IST

    Himatsingka Seide Q1 PAT seen up 7.6% YoY to Rs 48.8 cr: Edelweiss

    Net Sales are expected to increase by 5.2 percent Q-o-Q (up 27.9 percent Y-o-Y) to Rs 614.5 crore, according to Edelweiss. Himatsingka Seide to report net profit at 48.8 crore up 7.6% year-on-year.

  • Commenced construction of new spinning facility: Himatsingka Aug 11, 2016 01:57 PM IST

    Commenced construction of new spinning facility: Himatsingka

    In an interview to CNBC-TV18, Shrikant Himatsingka, MD & CEO of Himatsingka Seide shared details on the quarterly earnings.

  • Branded products to add Rs 900-1,000 cr in revenues: Himatsingka May 23, 2016 11:32 AM IST

    Branded products to add Rs 900-1,000 cr in revenues: Himatsingka

    The company will commission a new sheeting plant to double its manufacturing capacity by July end, which will utilise around 45-50 percent capacity in FY17, says Shrikant Himatsingka, MD and CEO of Himatsingka Seide.

  • Aiming at Rs 1200cr retail sales in 2-3 yrs: Himatsingka Oct 16, 2015 10:27 AM IST

    Aiming at Rs 1200cr retail sales in 2-3 yrs: Himatsingka

    Himatsingka Seide's robust first-half earnings run is expected to continue in the second and high growth in both profit and EBITDA is expected to continue, says Shrikant Himatsingka, Executive Director of the firm.

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