Himatsingka Seide Ltd

Dividend record date

• Record date fixed for final dividend for FY2026: September 17, 2026.

Financial Performance

• Three verticals: Home Textiles, Yarn Solutions, Fabric Solutions; Apparel in Phase 2.
• Yarn Solutions capacity: 211,584 spindles; ramping to independent vertical.
• Fabric Solutions capacity: combined knitting and sheeting about 90 million meters by year-end.
• External yarn sales: over 90% of Yarn capacity to external markets.
• Full-capacity revenue: Yarn 1,000 crores; Fabric 1,000 crores.
• Total potential from Yarn + Fabric at full capacity: 2,000 crores.
• Apparel Solutions Phase 2; ramp in a couple quarters.

Operating Update

• Home Textiles to rightsize; reduce US concentration due to tariff risks.
• Yarn and Fabric verticals nascent; ramping up this year.
• Apparel ramp to begin in a couple quarters; cross-service with others.
• Fabric capacity to service Fabric Solutions from shared infra.
• Domestic consumption focus to drive revenue mix.

Balance Sheet and Cash Flow

• NCDs of INR 850 crores being raised.
• Leverage expected to be range-bound; net debt to reduce by end of fiscal.
• Equity strengthening planned; timing to be shared.

Projects and Capex

• Capex limited to maintenance and organic needs.
• No expansion capex; use existing campus and infra.

Outlook and Guidance

• UK/EU FTAs expected to help in medium term; EU timing unclear.
• India to become a major revenue jurisdiction; domestic consumption growth.
• Revenue mix to shift as newer verticals ramp; Sheeting may taper.
• Apparel ramp timing to be shared as progress.

Q&A Takeaways

• Positives: transition to new model; negatives: revenue/offtake overhang.
• Fundraising: management aims for debt balancing; net debt reduction targeted by year-end.
• Tariffs vs US demand; FTAs with UK/EU to benefit; EU timing uncertain.
• Yarn capacity external >90%; full-capacity revenue total ~INR 2,000 crores.

Meeting Details

• Date: August 13, 2026; conference call for analysts and investors (audio recording released)
• Mode: Virtual conference call (audio)
• Recording: Audio recording released on company website
• Purpose: Earnings discussion and investor interaction

Consolidated results

• Revenue from operations: Rs 62,130.27 Lacs; YoY decline ~5.4%.
• Total income: Rs 63,432.11 Lacs; QoQ down ~12.2%.
• Profit before tax: Rs 814.63 Lacs.
• Tax expense: Rs 329.21 Lacs.
• Profit after tax before share of associates: Rs 485.42 Lacs.
• Share of profit of associates: Rs 13.31 Lacs.
• Profit for the period: Rs 498.73 Lacs.
• EPS: Basic Rs 0.40; Diluted Rs 0.40.
• Depreciation & amortisation: Rs 2,935.48 Lacs.
• Total expenses: Rs 62,617.48 Lacs.
• Total comprehensive income: Rs 1,926.03 Lacs.

Standalone results

• Revenue from operations: Rs 46,011.85 Lacs; YoY down ~8.7%.
• Total income: Rs 47,503.20 Lacs.
• Profit before tax: Rs 841.53 Lacs.
• Tax expense: Rs 323.45 Lacs.
• Profit for the period: Rs 518.08 Lacs.
• Total comprehensive income: Rs 2,186.00 Lacs.
• EPS: Basic Rs 0.41; Diluted Rs 0.41.
• Depreciation & amortisation: Rs 2,310.81 Lacs.
• Notes: Depreciation declined by Rs 512.03 Lacs due to life revision.
• Operating segment: Textile (single segment).

Notes & operating details

• Depreciation decline due to revised useful lives of fixed assets.
• Group operates as a single Textile segment.

Meeting Details

• Date and time: August 13, 2026 at 13:00 IST.
• Meeting type and mode: group call (virtual teleconference).
• Event: Q1 FY27 Earnings Call Invite by Himatsingka Seide Limited.
• Teleconference moderated by Elara Securities (India) Private Limited.

Participants

• Executive Vice Chairman & MD to participate.
• President Finance and Group CFO to participate.
• Senior VP and CFO – Operations to participate.
• Vice President – Corporate Finance to participate.
• Associate VP - Finance (Banking & Compliance) to participate.

Purpose

• Discuss unaudited financial results for quarter ended June 30, 2026.