Is Himatsingka Seide a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Himatsingka Seide Ltd is a below average quality company .

Is Himatsingka Seide undervalued or overvalued?

The key valuation ratios of Himatsingka Seide Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is Himatsingka Seide share price return in the past 10 years?

Himatsingka Seide Ltd share price has appreciated 8% annually (CAGR) over the past ten years.

Is Himatsingka Seide a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Himatsingka Seide Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

Himatsingka Seide Ltd - Stock Valuation and Financial Performance

Name: Himatsingka Seide
Brand: Himatsingka Seide

BSE: 514043 | NSE: HIMATSEIDE | Textile | Small Cap

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Himatsingka Seide Share Price

₹188.65 -4.45 -2.30%
as on 26-Dec'24 15:05

10 Year X-Ray of Himatsingka Seide:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	11.5%	14.4%	15.4%	13.3%	12.3%	6.7%	3.8%	9.7%	4.3%	10.8%	-
Value Creation Index ⓘ	-0.2	0.0	0.1	-0.1	-0.1	-0.5	-0.7	-0.3	-0.7	-0.2	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	1,943	1,890	2,138	2,249	2,618	2,358	2,258	3,184	2,678	2,841	2,850
Sales YoY Gr.	-	-2.8%	13.2%	5.2%	16.4%	-9.9%	-4.2%	41%	-15.9%	6.1%	-
Adj EPS ⓘ	8.4	11.8	17.9	20.1	17.9	-1.2	-4.6	13.5	-11.3	11.8	7.7
YoY Gr.	-	41.1%	51.8%	12.1%	-11.1%	-106.4%	NA	NA	-184%	NA	-
BVPS (₹) ⓘ	81.8	90.4	108.4	124.7	144.3	138.1	133.6	149.3	147.2	158.3	159.3
Adj Net Profit ⓘ	82.4	116	177	198	176	-11.4	-44.8	132	-111	116	97
Cash Flow from Ops. ⓘ	228	181	186	19.5	478	434	576	67.9	354	322	-
Debt/CF from Ops. ⓘ	3.3	5.6	7.6	115.7	5.8	6.5	4.3	41.4	7.6	8.7	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	4.3%	1.7%	8%	6.1%
Adj EPS ⓘ	3.9%	-8%	NA	NA
BVPSⓘ	7.6%	1.9%	5.8%	7.6%
Share Price	8%	8.9%	-4.5%	11.8%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	10.6	13.7	18	17.3	13.3	-0.8	-3.4	9.5	-7.6	7.7	4.9
Op. Profit Mgn % ⓘ	10.4	15.9	17.9	20.1	20.8	17.7	13.4	16.7	10.2	21.5	20.6
Net Profit Mgn % ⓘ	4.2	6.2	8.3	8.8	6.7	-0.5	-2	4.2	-4.2	4.1	3.4
Debt to Equity ⓘ	0.9	1.1	1.3	1.8	2	2.1	1.9	1.9	1.9	1.8	0.9
Working Cap Days ⓘ	152	171	201	257	264	304	306	239	336	341	178
Cash Conv. Cycle ⓘ	55	66	78	99	103	120	89	66	91	89	31

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 4.90%

Debt to equity has declined versus last 3 years average to 1.79

Sales growth has been subdued in last 3 years 7.96%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at 0.25%

Latest Financials - Himatsingka Seide Ltd.

	Standalone	Consolidated
TTM EPS (₹)	7.1	7.7
TTM Sales (₹ Cr.)	2,463	2,850
BVPS (₹.) ⓘ	176.2	159.3
Reserves (₹ Cr.) ⓘ	2,153	1,940
P/BV ⓘ	1.10	1.21
PE ⓘ	27.37	24.99

From the Market
52 Week Low / High (₹)	116.00 / 231.60
All Time Low / High (₹)	2.40 / 444.35
Market Cap (₹ Cr.)	2,428
Equity (₹ Cr.)	62.9
Face Value (₹)	5
Industry PE ⓘ	29.6

Management X-Ray of Himatsingka Seide:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Himatsingka Seide

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Price to Earnings

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Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Himatsingka Seide

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	1,943	1,890	2,138	2,249	2,618	2,358	2,258	3,184	2,678	2,841
Operating Expenses ⓘ	1,741	1,592	1,758	1,798	2,074	1,940	1,969	2,654	2,407	2,245
Manufacturing Costs	151	152	180	232	312	331	296	487	404	411
Material Costs	1,251	1,124	1,227	1,186	1,290	1,132	1,238	1,644	1,542	1,220
Employee Cost	193	168	197	209	257	280	259	327	282	308
Other Costs ⓘ	145	148	153	171	216	198	177	195	179	307
Operating Profit ⓘ	202	297	381	451	543	418	289	530	271	596
Operating Profit Margin (%)	10.4%	15.7%	17.8%	20.1%	20.8%	17.7%	12.8%	16.7%	10.1%	21.0%
Other Income ⓘ	21	19	13	18	37	62	14	20	75	21
Interest ⓘ	87	95	96	107	163	195	177	181	257	296
Depreciation ⓘ	45	67	58	72	109	126	152	158	164	158
Exceptional Items ⓘ	0	0	0	0	0	-73	0	0	0	0
Profit Before Tax ⓘ	91	154	239	290	308	85	-26	210	-75	163
Tax ⓘ	-3	29	57	89	111	72	27	70	-11	50
Profit After Tax	94	125	182	202	197	13	-53	141	-64	113
PAT Margin (%)	4.9%	6.6%	8.5%	9.0%	7.5%	0.6%	-2.4%	4.4%	-2.4%	4.0%
Adjusted EPS (₹)	9.7	12.7	18.5	20.5	20.0	1.4	-5.4	14.3	-6.5	11.5
Dividend Payout Ratio (%)	21%	20%	14%	12%	25%	37%	-9%	4%	0%	2%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	805	890	1,067	1,228	1,421	1,360	1,315	1,470	1,449	1,559
Share Capital ⓘ	49	49	49	49	49	49	49	49	49	49
Reserves ⓘ	756	840	1,018	1,178	1,372	1,311	1,266	1,420	1,400	1,510
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	668	974	1,349	2,160	2,656	2,622	2,210	2,635	2,568	2,561
Long Term Debt	355	529	740	1,217	1,678	1,590	1,374	1,589	1,477	1,590
Short Term Debt	313	445	609	943	978	1,033	836	1,046	1,091	971
Trade Payables	273	196	261	351	442	372	610	708	815	842
Others Liabilities ⓘ	185	141	303	621	901	1,197	1,275	1,151	1,023	1,154
Total Liabilities ⓘ	1,931	2,201	2,981	4,360	5,420	5,551	5,410	5,964	5,855	6,115
Fixed Assets
Gross Block	1,586	1,771	2,060	3,106	3,373	4,294	4,489	4,621	4,683	4,722
Accumulated Depreciation	527	760	797	879	1,000	1,138	1,305	1,445	1,599	1,775
Net Fixed Assetsⓘ	1,058	1,012	1,263	2,227	2,373	3,157	3,184	3,176	3,084	2,947
CWIP ⓘ	46	44	113	32	634	173	142	44	30	32
Investmentsⓘ	0	0	0	126	123	29	18	13	10	2
Inventories	554	584	754	990	1,176	1,087	795	1,131	885	980
Trade Receivables	53	61	68	99	166	118	332	399	670	902
Cash Equivalents	26	122	184	135	251	181	126	167	108	164
Others Assetsⓘ	192	378	599	751	696	806	812	1,033	1,068	1,089
Total Assets ⓘ	1,931	2,201	2,981	4,360	5,420	5,551	5,410	5,964	5,855	6,115

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	228	181	186	19	478	434	576	68	354	322
PBT ⓘ	91	154	239	290	308	85	-26	210	-75	163
Adjustment ⓘ	124	156	139	168	249	313	319	340	406	461
Changes in Working Capital ⓘ	26	-97	-136	-391	-15	95	307	-460	70	-300
Tax Paid ⓘ	-14	-32	-57	-48	-64	-60	-23	-22	-46	-1
Cash Flow From Investing Activity ⓘ	-66	-123	-544	-643	-743	-204	-16	-136	2	-117
Capex	10	-125	-401	-733	-704	-240	-128	-148	-10	-48
Net Investments	1	1	1	90	-42	26	101	8	7	-74
Others ⓘ	-77	1	-144	1	3	9	11	3	5	5
Cash Flow From Financing Activityⓘ	-158	26	296	673	322	-348	-544	121	-401	-228
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	-35	102	244	507	487	-69	-194	121	-166	230
Interest Paid ⓘ	-98	-98	-107	-139	-217	-244	-191	-240	-276	-332
Dividend Paid ⓘ	-15	-36	-18	-30	-30	-60	-5	-5	-5	0
Others ⓘ	-11	57	176	335	82	25	-154	245	46	-126
Net Cash Flow ⓘ	5	84	-62	50	58	-118	17	53	-45	-23

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	12.19	14.78	18.61	17.57	14.86	0.95	-3.99	10.11	-4.39	7.5
ROCE (%)	11.49	14.42	15.36	13.33	12.25	6.68	3.79	9.72	4.32	10.8
Asset Turnover Ratio	1.01	0.92	0.83	0.61	0.54	0.43	0.41	0.58	0.46	0.48
PAT to CFO Conversion(x)	2.43	1.45	1.02	0.09	2.43	33.38	N/A	0.48	N/A	2.85
Working Capital Days
Receivable Days	6	11	11	14	19	22	36	40	72	99
Inventory Days	112	110	114	142	151	175	152	106	135	117
Payable Days	86	76	68	94	112	131	145	146	180	248

Himatsingka Seide Ltd Stock News

Himatsingka Seide Ltd FAQs

What is the share price of Himatsingka Seide?

Company share prices are keep on changing according to the market conditions. The closing price of Himatsingka Seide on 26-Dec-2024 15:05 is ₹188.7.

What is the market cap of Himatsingka Seide?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 26-Dec-2024 15:05 the market cap of Himatsingka Seide stood at ₹2,428.1.

What is the P/E ratio of Himatsingka Seide?

The latest P/E ratio of Himatsingka Seide as of 26-Dec-2024 15:05 is 27.37.

What is the P/B ratio of Himatsingka Seide?

The latest P/B ratio of Himatsingka Seide as of 26-Dec-2024 15:05 is 1.10.

What is the 52-week high and low of Himatsingka Seide?

The 52-week high of Himatsingka Seide is ₹231.6 and the 52-week low is ₹116.0.

What is the TTM revenue of Himatsingka Seide?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Himatsingka Seide is ₹2,463 ( Cr.) .

About Himatsingka Seide Ltd

Himatsingka Seide is an integrated global textile major that designs, develops, manufactures, distributes and retails a suite of textile products. Its installed capacities for manufacturing bedding and bath products, drapery and upholstery fabrics and fine-count cotton yarn are amongst the largest in the world. While global scale and next generation digital shop floors support our impressive portfolio of owned and licensed brands. Himatsingka Seide Limited is a public limited Company incorporated in India and listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Business area of the company

Himatsingka is a vertically integrated Indian textile major with a global footprint; it design, develop, manufacture and distribute a suite of home textile products.

Brands

Calvin Klein
Tommy Hilfiger
Kate Spade
PimaCott
Organicott range
Royal Velvet
GizaCott
Himeya
Waverly
Barbara Barry
Bellora
Atmosphere

Awards

1992 - 1993-Best Performance Award- Confederation of Export Units, New Delhi for Overall Export Performance & Best Performance Award.
1995 - 1996- Award for Outstanding Export Performance- Cotton Textiles Export Promotion Council, Mumbai Texprocil Award for Outstanding Export Performance.
2000 - 2001- Certificate of Appreciation by the Chief Commissioner of Customs & Central Excise, Bangalore Zone for recognition of the export performance.
2000 - 2002- Leading Captain of the Industry- Government of Karnataka.
2000 - 2002- Certificate of Excellence for Export Achievement Cochin Special Economic Zone, Ministry of Commerce & Industry, Dept. of Commerce, Govt. of India Under 100% EOU Scheme in Karnataka under sector ‘Textiles’.
2002- Export Award 2002 FKCCI, Bengaluru in recognition of performance in the Silk category for the year 2001-02 at the 85th Annual General Meeting of the FKCCI.
2004- Best Small Cap Company award in the 'Best Managed Companies Poll of the year 2004' organized by Asia Money, Hong Kong.
2008- Life Time Achievement Award by the Indian Silk Export Promotion Council, Mumbai for his outstanding contribution to the promotion of Silk Exports.
2012- Best of Breed HR Award at the National Human Resource Development (NHRD) Network's 16th Annual Conference held at Hyderabad in December, 2012. This award was given for our Talent Pipeline Management Strategy at Himatsingka Linens, Hassan.
2013- SAP Award in Manufacturing- Best Run SAP Award in Manufacturing at the SAP Awards for Consumer Excellence-2013 (SAP-ACE).The award is given for excellence in implementation and usage of SAP in our manufacturing plant - Himatsingka Seide, Doddabalapur.
2014- Best EOU (Non SSI Category: Textile & Textile Products) by the Export Promotion Council for EOUs & SEZs, Ministry of Commerce & Industry, Government of India, New Delhi for outstanding export performance.
2014- Export Excellence award for the ‘Best SEZ Manufacturer Exporter 2013-14 - Sector: Textiles’ from The Development Commissioner, Cochin Special Economic Zone.
2015-16- Bronze Trophy for the Highest Exports for Bed/Linen/Bed Sheets/Quilts from Cotton Textile Export Promotion Council (TEXPROCIL)
2017-18- Star Exporter Award Manufacturer-Gold from Federation of Karnataka Chambers of Commerce & Industry (FKCCI)
2017-18- Silver Trophy for the Highest Exports Bed/Linen/Bed Sheets/Quilts from Cotton Textile Export Promotion Council (TEXPROCIL)
2018-19- Star Exporter Award Manufacturer-Gold from Federation of Karnataka Chambers of Commerce & Industry (FKCCI).

Milestones

1985-Incorporation of Himatsingka Seide Ltd
1986- Initial Public Offering (IPO)
1988- Silk and Silk blended manufacturing facility for producing Drapery & Upholstery fabrics goes on stream
1998- Expansion of weaving capacity for Drapery & Upholstery fabrics and commissioning of the silk spinning division, Himatsingka Filati
2003- India’s first luxary home furnishing brand ‘atmosphere’ is launched
2004- Incorporation of Himatsingka America Inc
2005- Construction of the vertically integrated Greenfield Bed Linen manufacturing facility at the Hassan SEZ, Karnataka, India commences
2007- The state-of-the-art bed linen manufacturing facility at Hassan, Karnataka goes on stream. Establishing a global footprint with the acquisition of Giuseppe Bel lora S.p.A (Italy), Divatex Home Fashions, Inc., and DWI Holdings, Inc.,(North America).
2008- The retail supply chain center at Doddaballapur, Karnataka, India goes on stream. 'Atmosphere' launches its first international stores in Dubai and Singapore.
2018- Commissioning of the Spinning plant (World’s largest cotton spinning plant under one roof)
2019- Commissioning of terry towel plant
2020- Commissioned commercial production of new Greenfield Terry Towel plant with an installed capacity of 25,000 TPA (Tonnes Per Annum).
2020- Enhanced e-commerce focus across key markets; added 24 channel partners during the year
2020- Expanded global reach of its brand portfolio by acquiring global rights for the Calvin Klein Home brand.