HIMATSINGKA SEIDE LTD.

Himatsingka Seide Ltd announced the approval of its unaudited financial results for the quarter ended June 30, 2026 (Q1 FY27). The Board of Directors considered and approved both consolidated and standalone results, along with the limited review reports from statutory auditors. The meeting took place on August 12, 2026. The company operates in a single segment, Textiles. The results were prepared in accordance with Indian Accounting Standards (Ind AS 34).

Himatsingka Seide's consolidated Q1 FY27 (quarter ended June 30, 2026) revenue came in at ₹621.30 Cr, down 5.4% YoY from ₹656.94 Cr — but ahead of the Street's Uniresearch preview of ~₹587 Cr (-10.7% YoY). Consolidated PAT missed instead: ₹4.99 Cr against a ~₹6 Cr street estimate, down 54.2% YoY from ₹10.90 Cr. Sequentially revenue rose 0.7% and PAT more than tripled off Q4 FY26's depressed ₹1.41 Cr base, but per our YoY-primary read, this quarter is a decline, not a recovery — the QoQ jump is largely base-effect off a weak prior quarter. Margins compressed YoY: consolidated OPM (PBT plus finance cost and depreciation, less other income) slipped to 14.2% from 18.4% a year ago, and NPM fell to 0.80% from 1.66% — though OPM did improve from Q4 FY26's 8.05%. Reported PBT of ₹8.15 Cr was flattered by a ₹5.12 Cr cut in depreciation from a revised useful-life estimate on plant & equipment (disclosed identically in both standalone and consolidated notes); stripping that out, adjusted PBT is closer to ₹3.03 Cr and adjusted consolidated PAT growth is roughly -82% YoY versus the -54% reported figure. There were no exceptional items in either statement this quarter or in the comparatives. The consolidated decline was far steeper than standalone: standalone PAT of ₹5.18 Cr was down only 10.0% YoY, meaning the US subsidiaries and the AMPIN associate — which together contributed roughly ₹5.14 Cr of profit a year ago — turned into a roughly ₹0.19 Cr net drag this quarter. Management's FY26 concall guidance centred on diversifying into yarn, fabric and apparel, targeted to become revenue-material only from H2 FY27, alongside a medium-term EBITDA margin band of 18-22% and explicit caution about near-term pressure from geopolitical and inflation factors — this quarter's margin compression is broadly consistent with that flagged caution, though the magnitude of the PAT decline is severe. No press release accompanied this filing to corroborate management's framing. During the quarter the company continued to term out debt via multiple NCD/debenture allotments (₹35 Cr, ₹15 Cr, ₹12.75 Cr and ₹12.5 Cr between July 10 and August 7, 2026) against a prior guidance target of cutting net debt to ~₹2,000 Cr within 12 months — not verifiable from this filing. With new-vertical contribution still not due until H2 FY27, this quarter offers no read on that transition; the next checkpoints are whether OPM recovers toward the 18-22% band and whether the US subsidiary/associate swing reverses.

Himatsingka Seide Limited has allotted 100 Tranche 4 Series E Unlisted, Senior, Secured, Unrated, Redeemable, Taxable Transferable Non-Convertible Debentures (NCDs) on August 7, 2026. Each debenture has a face value of ₹5,00,000, with the total issue aggregating to ₹5 Crores. These NCDs have a tenure of 42 months from the allotment date, maturing on February 7, 2030. The coupon rate is 11.50% per annum, payable quarterly. Principal repayment will occur in three installments at 30, 36, and 42 months. The issuance was done on a private placement basis. The company has created charges over its assets as security for these debentures.

Himatsingka Seide Ltd has announced that its Board of Directors will convene on August 12, 2026. The primary agenda for this meeting is to consider and approve the Unaudited Financial Results for both standalone and consolidated operations for the quarter ended June 30, 2026. Additionally, the company has informed that the trading window for its securities will remain closed until 48 hours after the declaration of these financial results, in compliance with SEBI regulations and the company's insider trading code.

Himatsingka Seide Ltd has allotted 250 Tranche 3 Series E Unlisted, Senior, Secured, Unrated, Redeemable, Taxable Transferable Non-Convertible Debentures (NCDs) on a private placement basis. The total issue size is ₹12.50 Crores, with each debenture having a face value of ₹5,00,000. The NCDs have a tenure of 42 months from the allotment date of July 31, 2026, maturing on January 31, 2030. The coupon rate is 11.50% per annum, payable quarterly, with principal repayment in three installments at 30, 36, and 42 months. The debentures are secured by a first pari passu charge on the company's assets at its manufacturing plants in Hassan and Doddaballapur.

Himatsingka Seide Ltd has issued an email communication to shareholders whose dividends remain unclaimed or un-encashed as of July 31, 2026. The company is urging these shareholders to submit a complete and appropriate request to claim their outstanding dividend payments. This proactive measure aims to ensure all eligible shareholders receive their entitled dividends.

Himatsingka Seide Ltd announced the allotment of 255 Tranche 2 Series E Non-Convertible Debentures (NCDs) on July 28, 2026. The NCDs have a face value of ₹5,00,000 each, issued at par, aggregating to ₹12,75,00,000. These are senior, secured, unrated, unlisted, redeemable, and taxable debentures with a tenure of 42 months. The maturity date is January 28, 2030. The coupon rate is 11.50% per annum, payable quarterly, with principal repayment in three installments starting at 30 months. The issue is secured by a first pari passu charge on the company's assets at its Hassan and Doddaballapur manufacturing plants.

Himatsingka Seide Ltd announced the allotment of 300 Tranche 1 Series E Non-Convertible Debentures (NCDs) on July 13, 2026, through a private placement. Each debenture has a face value of ₹5 Lakhs, with the total issue aggregating to ₹15 Crores. These NCDs are unlisted, senior, secured, unrated, redeemable, and taxable, with a tenure of 42 months. The interest rate is 11.50% per annum, payable quarterly, and principal repayment is scheduled in three installments at 30, 36, and 42 months post-allotment. The company has created charges over its assets as security for these debentures.

Himatsingka Seide Ltd announced the allotment of 700 Tranche 2 Series D Non-Convertible Debentures (NCDs) on July 10, 2026, through a private placement. The NCDs are unlisted, senior, secured, unrated, redeemable, and taxable, each with a face value of ₹5,00,000, aggregating to ₹35 Crores. The issuance aims to raise capital and is further to a previous intimation dated June 29, 2026. The NCDs have a tenure of 42 months, with a maturity date of January 10, 2030, and carry an interest rate of 11.50% per annum, payable quarterly. Principal repayment is scheduled in three installments at 30, 36, and 42 months. The company has created charges over its assets as security for these NCDs.

Himatsingka Seide Ltd announced that its Securities Committee of the Board of Directors has approved the re-classification of Series E Non-Convertible Debentures (NCDs). The issuance involves 4,000 NCDs with a face value of ₹5,00,000 each, aggregating to ₹200 Crore. These are senior, secured, unrated, unlisted, redeemable, taxable NCDs to be issued via private placement. The NCDs will have a tenure of 42 months from the allotment date, with an interest rate of 11.50% per annum, payable quarterly. Principal repayment is scheduled in three instalments at 30, 36, and 42 months. The issuance is secured by a first pari passu charge over the company's fixed assets at its manufacturing plants in Hassan and Doddaballapur.