Himatsingka Seide Ltd — earnings calls

Himatsingka Seide reported consolidated total income of INR634 crores for Q1 FY27, down from INR661 crores a year earlier, with consolidated EBITDA of INR101 crores and an EBITDA margin of about 16%. Management attributed the softer revenue to geopolitical disruptions in the Middle East, shipment deferrals, and capacity utilization movements, particularly in the Sheeting and Terry divisions which stood at 52% and 63% respectively. The company outlined a transition to a four-vertical model comprising Home Textile Solutions, Yarn Solutions, Fabric Solutions and Apparel Solutions, alongside recently raised NCDs to balance debt maturity profiles.

Himatsingka Seide reported Q4 FY26 consolidated total income of INR721 crores versus INR681 crores a year earlier, a growth of approximately 5.8%, with other income of INR100 crores largely driven by foreign exchange movements. Management described capacity utilization at 99%, 56% and 63% for spinning, sheeting and Terry Towel divisions respectively, and cited disruptions from U.S. tariff volatility and the Middle East conflict during the quarter. The company also outlined plans to diversify into yarn, fabric and apparel solutions using existing infrastructure, and disclosed board approval to raise up to INR850 crores via non-convertible debentures.