View ValuationHimatsingka Seide 将来の成長Future 基準チェック /06現在、 Himatsingka Seideの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Luxury 収益成長19.0%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報Price Target Changed • Aug 22Price target increased by 12% to ₹195Up from ₹174, the current price target is an average from 2 analysts. New target price is 28% above last closing price of ₹152. Stock is down 2.4% over the past year. The company posted earnings per share of ₹11.46 last year.Price Target Changed • Jun 11Price target decreased by 10% to ₹174Down from ₹193, the current price target is an average from 2 analysts. New target price is 32% above last closing price of ₹132. Stock is up 17% over the past year. The company posted earnings per share of ₹11.46 last year.Price Target Changed • Jun 02Price target increased by 16% to ₹109Up from ₹93.50, the current price target is an average from 2 analysts. New target price is 6.4% above last closing price of ₹102. Stock is down 15% over the past year. The company is forecast to post earnings per share of ₹3.55 next year compared to a net loss per share of ₹6.51 last year.Price Target Changed • Mar 16Price target decreased by 14% to ₹93.50Down from ₹109, the current price target is an average from 3 analysts. New target price is 22% above last closing price of ₹76.44. Stock is down 53% over the past year. The company is forecast to post earnings per share of ₹0.10 for next year compared to ₹14.30 last year.Major Estimate Revision • Aug 20Consensus EPS estimates fall by 39%The consensus outlook for earnings per share (EPS) in 2023 has deteriorated. 2023 revenue forecast decreased from ₹35.9b to ₹32.9b. EPS estimate also fell from ₹14.70 per share to ₹8.97 per share. Net income forecast to grow 361% next year vs 11% growth forecast for Luxury industry in India. Consensus price target down from ₹162 to ₹126. Share price fell 12% to ₹105 over the past week.Major Estimate Revision • Jun 06Consensus revenue estimates fall by 11%The consensus outlook for revenues in 2023 has deteriorated. 2023 revenue forecast decreased from ₹36.4b to ₹32.4b. EPS estimate fell from ₹26.10 to ₹10.00 per share. Net income forecast to shrink 30% next year vs 11% growth forecast for Luxury industry in India . Consensus price target down from ₹253 to ₹221. Share price fell 9.6% to ₹116 over the past week.すべての更新を表示Recent updatesBuy Or Sell Opportunity • Jul 13Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 1.4% to ₹89.98. The fair value is estimated to be ₹73.31, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 2.6% over the last 3 years. Meanwhile, the company has become profitable.Buy Or Sell Opportunity • Jun 24Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 12% to ₹88.05. The fair value is estimated to be ₹72.57, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 2.6% over the last 3 years. Meanwhile, the company has become profitable.Reported Earnings • May 28Full year 2026 earnings released: EPS: ₹4.93 (vs ₹6.92 in FY 2025)Full year 2026 results: EPS: ₹4.93 (down from ₹6.92 in FY 2025). Revenue: ₹27.3b (down 1.8% from FY 2025). Net income: ₹619.6m (down 19% from FY 2025). Profit margin: 2.3% (down from 2.7% in FY 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.お知らせ • May 28+ 1 more updateHimatsingka Seide Limited announced that it expects to receive INR 5.5 billion in fundingHimatsingka Seide Limited announced a private placement to issue 55,000 series “1” INR denominated, senior, secured, rated, listed, redeemable, taxable, non-convertible debenture for gross proceeds of INR 550 million on May 27, 2026. The transaction will include participation from eligible investors. The transaction will be completed in one or more tranches and has been approved by the board of the directors of the company. The tenure of the debt is 42 months from the deemed date of allotment and will have an interest rate of 11.50% p.a., payable quarterly. The principal amount will be repaid in three instalments at the end of 30 months, 36 months and 42 months respectively. The company can raise INR 2,500 million with series "1" non convertible debentures through Green Shoe Option .お知らせ • May 27Himatsingka Seide Limited Recommends Final Dividend for the Financial Year Ended 2025-26Himatsingka Seide Limited at the board meeting held on May 27, 2026, Recommended Final Dividend of INR 0.25 per equity share (5%) of face value INR 5/- each for the Financial Year ended 2025-26, subject to the approval of shareholders at the ensuing Annual General Meeting of the Company.お知らせ • May 20Himatsingka Seide Limited to Report Q4, 2026 Results on May 27, 2026Himatsingka Seide Limited announced that they will report Q4, 2026 results on May 27, 2026New Risk • May 14New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₹9.56b (US$99.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.0x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Market cap is less than US$100m (₹9.56b market cap, or US$99.8m).Valuation Update With 7 Day Price Move • Apr 06Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹83.94, the stock trades at a trailing P/E ratio of 14.6x. Average trailing P/E is 16x in the Luxury industry in India. Total returns to shareholders of 10% over the past three years.New Risk • Apr 01New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.0x net interest cover). Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Large one-off items impacting financial results.New Risk • Mar 23New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 0.3% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.0x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.Reported Earnings • Feb 12Third quarter 2026 earnings released: EPS: ₹0.61 (vs ₹1.74 in 3Q 2025)Third quarter 2026 results: EPS: ₹0.61 (down from ₹1.74 in 3Q 2025). Revenue: ₹6.37b (down 7.8% from 3Q 2025). Net income: ₹76.6m (down 65% from 3Q 2025). Profit margin: 1.2% (down from 3.2% in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 05Himatsingka Seide Limited to Report Q3, 2026 Results on Feb 11, 2026Himatsingka Seide Limited announced that they will report Q3, 2026 results on Feb 11, 2026Buy Or Sell Opportunity • Feb 03Now 25% overvaluedOver the last 90 days, the stock has fallen 3.1% to ₹119. The fair value is estimated to be ₹94.93, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable.Buy Or Sell Opportunity • Jan 02Now 20% overvaluedOver the last 90 days, the stock has fallen 3.4% to ₹115. The fair value is estimated to be ₹95.57, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable.Buy Or Sell Opportunity • Dec 09Now 20% overvaluedOver the last 90 days, the stock has fallen 13% to ₹114. The fair value is estimated to be ₹95.11, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable.Reported Earnings • Nov 14Second quarter 2026 earnings released: EPS: ₹3.34 (vs ₹2.20 in 2Q 2025)Second quarter 2026 results: EPS: ₹3.34 (up from ₹2.20 in 2Q 2025). Revenue: ₹7.07b (up 1.9% from 2Q 2025). Net income: ₹420.0m (up 94% from 2Q 2025). Profit margin: 5.9% (up from 3.1% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.お知らせ • Nov 04Himatsingka Seide Limited to Report Q2, 2026 Results on Nov 12, 2025Himatsingka Seide Limited announced that they will report Q2, 2026 results on Nov 12, 2025お知らせ • Sep 04Himatsingka Seide Limited, Annual General Meeting, Sep 26, 2025Himatsingka Seide Limited, Annual General Meeting, Sep 26, 2025, at 12:10 Indian Standard Time.Declared Dividend • Sep 04Dividend of ₹0.25 announcedDividend of ₹0.25 is the same as last year. Ex-date: 19th September 2025 Payment date: 1st January 1970 Dividend yield will be 0.2%, which is lower than the industry average of 0.4%. Sustainability & Growth Dividend is well covered by both earnings (4% earnings payout ratio) and cash flows (1% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 33% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Sep 03Himatsingka Seide Limited announces Annual dividend, payable on October 25, 2025Himatsingka Seide Limited announced Annual dividend of INR 0.2500 per share payable on October 25, 2025, ex-date on September 19, 2025 and record date on September 19, 2025.Reported Earnings • Aug 13First quarter 2026 earnings released: EPS: ₹0.87 (vs ₹2.09 in 1Q 2025)First quarter 2026 results: EPS: ₹0.87 (down from ₹2.09 in 1Q 2025). Revenue: ₹6.61b (down 10% from 1Q 2025). Net income: ₹109.0m (down 47% from 1Q 2025). Profit margin: 1.6% (down from 2.8% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 05Himatsingka Seide Limited to Report Q1, 2026 Results on Aug 12, 2025Himatsingka Seide Limited announced that they will report Q1, 2026 results on Aug 12, 2025Reported Earnings • May 29Full year 2025 earnings released: EPS: ₹6.92 (vs ₹11.46 in FY 2024)Full year 2025 results: EPS: ₹6.92 (down from ₹11.46 in FY 2024). Revenue: ₹28.4b (flat on FY 2024). Net income: ₹760.4m (down 33% from FY 2024). Profit margin: 2.7% (down from 4.0% in FY 2024). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.New Risk • May 29New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.7% Last year net profit margin: 4.0% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.4x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.7% net profit margin). Shareholders have been diluted in the past year (28% increase in shares outstanding).お知らせ • May 23Himatsingka Seide Limited to Report Q4, 2025 Results on May 28, 2025Himatsingka Seide Limited announced that they will report Q4, 2025 results at 12:08 PM, Indian Standard Time on May 28, 2025Valuation Update With 7 Day Price Move • Apr 10Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ₹135, the stock trades at a trailing P/E ratio of 19.4x. Average forward P/E is 22x in the Luxury industry in India. Total loss to shareholders of 14% over the past three years.Valuation Update With 7 Day Price Move • Mar 07Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₹137, the stock trades at a trailing P/E ratio of 19.6x. Average forward P/E is 23x in the Luxury industry in India. Total loss to shareholders of 13% over the past three years.Buy Or Sell Opportunity • Feb 18Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 24% to ₹124. The fair value is estimated to be ₹156, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.9% over the last 3 years. Earnings per share has grown by 13%.Reported Earnings • Feb 14Third quarter 2025 earnings released: EPS: ₹1.74 (vs ₹3.16 in 3Q 2024)Third quarter 2025 results: EPS: ₹1.74 (down from ₹3.16 in 3Q 2024). Revenue: ₹6.91b (down 4.4% from 3Q 2024). Net income: ₹218.4m (down 30% from 3Q 2024). Profit margin: 3.2% (down from 4.3% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Feb 13Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₹138, the stock trades at a trailing P/E ratio of 17.8x. Average forward P/E is 24x in the Luxury industry in India. Total loss to shareholders of 27% over the past three years.お知らせ • Feb 06Himatsingka Seide Limited to Report Q3, 2025 Results on Feb 12, 2025Himatsingka Seide Limited announced that they will report Q3, 2025 results at 12:08 PM, Indian Standard Time on Feb 12, 2025Valuation Update With 7 Day Price Move • Jan 27Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₹155, the stock trades at a trailing P/E ratio of 20.1x. Average forward P/E is 27x in the Luxury industry in India. Total loss to shareholders of 32% over the past three years.お知らせ • Jan 24Himatsingka Seide Limited Announces Resignation of Shyam Powar as Non-Executive - Independent DirectorHimatsingka Seide Limited informed that Mr. Shyam Powar, Non-Executive - Independent Director, has resigned as a Director of the Company, with effect from the close of business hours of January 24, 2025 on account of restrictions arising from new assignments undertaken by him. (resignation letter enclosed) . Mr. Shyam Powar has confirmed that there are no other material reasons for his resignation.お知らせ • Dec 15Himatsingka Seide Limited Announces Cessation of S Shanmugasundaram as Whole Time DirectorHimatsingka Seide Limited informed that the term of appointment of Mr. S Shanmugasundaram ends on December 14, 2024. Consequently, Mr. S Shanmugasundaram ceases to be a Whole Time Director of the Company with effect from the close of Business hours on December 14, 2024.Reported Earnings • Nov 16Second quarter 2025 earnings released: EPS: ₹2.20 (vs ₹2.92 in 2Q 2024)Second quarter 2025 results: EPS: ₹2.20 (down from ₹2.92 in 2Q 2024). Revenue: ₹7.00b (down 5.3% from 2Q 2024). Net income: ₹217.0m (down 25% from 2Q 2024). Profit margin: 3.1% (down from 3.9% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.9% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings.お知らせ • Nov 09Himatsingka Seide Limited to Report Q2, 2025 Results on Nov 14, 2024Himatsingka Seide Limited announced that they will report Q2, 2025 results on Nov 14, 2024お知らせ • Oct 26Himatsingka Seide Limited has filed a Follow-on Equity Offering.Himatsingka Seide Limited has filed a Follow-on Equity Offering. Security Name: Equity Shares Security Type: Common Stock Price(minimum): INR 154.31 Transaction Features: Regulation S; Subsequent Direct ListingValuation Update With 7 Day Price Move • Sep 18Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₹162, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 30x in the Luxury industry in India. Total loss to shareholders of 34% over the past three years.Upcoming Dividend • Sep 13Upcoming dividend of ₹0.25 per shareEligible shareholders must have bought the stock before 20 September 2024. Payment date: 26 October 2024. Trailing yield: 0.2%. Lower than top quartile of Indian dividend payers (1.0%). Lower than average of industry peers (0.4%).お知らせ • Sep 10Himatsingka Seide Limited, Annual General Meeting, Sep 27, 2024Himatsingka Seide Limited, Annual General Meeting, Sep 27, 2024, at 12:10 Indian Standard Time.Price Target Changed • Aug 22Price target increased by 12% to ₹195Up from ₹174, the current price target is an average from 2 analysts. New target price is 28% above last closing price of ₹152. Stock is down 2.4% over the past year. The company posted earnings per share of ₹11.46 last year.Reported Earnings • Aug 04First quarter 2025 earnings released: EPS: ₹2.09 (vs ₹2.96 in 1Q 2024)First quarter 2025 results: EPS: ₹2.09 (down from ₹2.96 in 1Q 2024). Revenue: ₹7.38b (up 8.2% from 1Q 2024). Net income: ₹205.6m (down 30% from 1Q 2024). Profit margin: 2.8% (down from 4.3% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.9% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.お知らせ • Jul 29Himatsingka Seide Limited to Report Q1, 2025 Results on Aug 03, 2024Himatsingka Seide Limited announced that they will report Q1, 2025 results at 12:08 PM, Indian Standard Time on Aug 03, 2024Price Target Changed • Jun 11Price target decreased by 10% to ₹174Down from ₹193, the current price target is an average from 2 analysts. New target price is 32% above last closing price of ₹132. Stock is up 17% over the past year. The company posted earnings per share of ₹11.46 last year.Reported Earnings • May 25Full year 2024 earnings released: EPS: ₹11.46 (vs ₹6.51 loss in FY 2023)Full year 2024 results: EPS: ₹11.46 (up from ₹6.51 loss in FY 2023). Revenue: ₹28.6b (up 6.9% from FY 2023). Net income: ₹1.13b (up ₹1.77b from FY 2023). Profit margin: 3.9% (up from net loss in FY 2023). Revenue is forecast to grow 9.1% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 10% per year.お知らせ • May 24+ 1 more updateHimatsingka Seide Limited Recommends Dividend for the Financial Year Ended 2023-24Himatsingka Seide Limited recommended Final Dividend of INR 0.25/- per equity share (5%) of face value INR 5/- each for the financial year ended 2023-24, subject to approval of shareholders at the ensuing Annual GeneralMeeting of the Company.お知らせ • May 17Himatsingka Seide Limited to Report Q4, 2024 Results on May 23, 2024Himatsingka Seide Limited announced that they will report Q4, 2024 results at 12:08 PM, Indian Standard Time on May 23, 2024Valuation Update With 7 Day Price Move • Apr 03Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₹143, the stock trades at a trailing P/E ratio of 12.6x. Average forward P/E is 26x in the Luxury industry in India. Negligible returns to shareholders over past three years.New Risk • Feb 07New major risk - Revenue and earnings growthEarnings have declined by 16% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.6x net interest cover). Earnings have declined by 16% per year over the past 5 years.Board Change • Feb 05Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Shyam Powar was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Reported Earnings • Feb 03Third quarter 2024 earnings released: EPS: ₹3.16 (vs ₹0.22 in 3Q 2023)Third quarter 2024 results: EPS: ₹3.16 (up from ₹0.22 in 3Q 2023). Revenue: ₹7.25b (down 1.6% from 3Q 2023). Net income: ₹311.6m (up ₹289.6m from 3Q 2023). Profit margin: 4.3% (up from 0.3% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 6% per year.お知らせ • Feb 03Himatsingka Seide Limited Appoints Bindu D. as Company Secretary, Effective February 03, 2024The Board of Directors of Himatsingka Seide Limited, at the meeting held on February 02, 2024 has approved the appointment of Ms. Bindu D. (Membership No ACS 23290) as the Company Secretary & Compliance Officer of the Company with effect from February 03, 2024. Bindu is a qualified Company Secretary from The Institute of Company Secretaries of India. She has also completed her Masters of Commerce from Osmania University, Hyderabad. Bindu carries with her around 16 years of experience in the field of corporate compliance and company law related matters.お知らせ • Feb 01Himatsingka Seide Limited Appoints Manish Joshi as Nominee DirectorHimatsingka Seide Limited announced that Export-Import Bank of India has appointed Mr. Manish Joshi, General Manager, EXIM Bank as a Nominee Director on the Board of the Company. Mr. Manish Joshi has over 26 years of experience in various functions of banking. He joined EXIM Bank in 2011 and is currently placed at the Credit Appraisal Group of the Bank. He has served in various groups of the Bank, including Corporate Banking Group and at the Bank's New Delhi regional office. Before joining EXIM Bank, Mr. Joshi was working with State Bank of India where he served the Bank across various locations and offices/branches during his 15-year tenure. He has graduated in Electronics Engineering and holds a master's degree from Indian Institute of Management, Indore. He is also a Certified Associate of Indian Institute of Bankers.お知らせ • Jan 30Himatsingka Seide Limited Announces the Resignation of Mr. M. Sridhar as Company Secretary / Compliance Officer, Effective February 2, 2024Himatsingka Seide Limited informed that Mr. M. Sridhar, Company Secretary & Compliance Officer has tendered his resignation from the position of Company Secretary & Compliance Officer vide letter dated January 30, 2024 to pursue opportunities outside the Company and will be relieved from the services of the Company with effect from close of business hours of February 02, 2024.お知らせ • Jan 27Himatsingka Seide Limited to Report Q3, 2024 Results on Feb 02, 2024Himatsingka Seide Limited announced that they will report Q3, 2024 results on Feb 02, 2024New Risk • Nov 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.4x net interest cover). Minor Risk Share price has been volatile over the past 3 months (7.5% average weekly change).Valuation Update With 7 Day Price Move • Nov 15Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₹169, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 21x in the Luxury industry in India. Total returns to shareholders of 40% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹118 per share.Reported Earnings • Nov 08Second quarter 2024 earnings released: EPS: ₹2.92 (vs ₹3.44 loss in 2Q 2023)Second quarter 2024 results: EPS: ₹2.92 (up from ₹3.44 loss in 2Q 2023). Revenue: ₹7.48b (up 22% from 2Q 2023). Net income: ₹287.8m (up ₹626.7m from 2Q 2023). Profit margin: 3.8% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.New Risk • Nov 08New major risk - Revenue and earnings growthEarnings have declined by 30% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.0x net interest cover). Earnings have declined by 30% per year over the past 5 years.お知らせ • Nov 01Himatsingka Seide Limited to Report Q2, 2024 Results on Nov 07, 2023Himatsingka Seide Limited announced that they will report Q2, 2024 results on Nov 07, 2023Valuation Update With 7 Day Price Move • Oct 31Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₹154, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 22x in the Luxury industry in India. Total returns to shareholders of 28% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹104 per share.お知らせ • Sep 27Himatsingka Group Unveils Himeya, Its Exclusive Bedding and Bath Products Brand with A Pan India PresenceHimatsingka Group launched its Himeya brand for bedding & bath products that will be available across the country. With the launch of the Himeya brand, Himatsingka brings its global expertise in home textiles to the growing Indian market. The brand was unveiled at the JW Marriott, Prestige Golfshire Bangalore. Himeya is on a mission to make homes across the country truly special by providing households & institutional audiences industry leading bedding & bath products. The brand endeavors to deliver its promise of "Ghar Banaye Special" - making homes across India truly special. Himeya will cater to a cross section of audiences with its Comfort, Elite, Gold & Play Collections. Himeya will be both affordable and aspirational for its customers and the brand will be available across Multi-Brand Outlets (MBOs), Large Formats Stores & various Dotcom platforms. Himeya embodies the true spirit of Make in India. The products are proudly made at Himatsingka's world-class and cutting-edge manufacturing facilities in India.お知らせ • Sep 07Himatsingka Seide Limited, Annual General Meeting, Sep 28, 2023Himatsingka Seide Limited, Annual General Meeting, Sep 28, 2023, at 12:00 Indian Standard Time. Agenda: To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2023, together with the Board's Report and Report of Auditors thereon; to receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2023, together with the Report of Auditors thereon; to re-appoint Mr. S. Shanmuga Sundaram, as a Director who retires by rotation and being eligible, offers himself for re-appointment; to approve the payment of Remuneration to Non- Executive Directors; and to discuss other matters.Reported Earnings • Aug 12First quarter 2024 earnings released: EPS: ₹2.96 (vs ₹5.56 loss in 1Q 2023)First quarter 2024 results: EPS: ₹2.96 (up from ₹5.56 loss in 1Q 2023). Revenue: ₹6.87b (up 7.6% from 1Q 2023). Net income: ₹291.5m (up ₹838.8m from 1Q 2023). Profit margin: 4.2% (up from net loss in 1Q 2023). The move to profitability was primarily driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 11+ 1 more updateHimatsingka Seide Limited. Appoints M. Sankaranarayanan as Group Chief Financial OfficerHimatsingka Seide Limited informed that the Board of Directors at their meeting held on August 10, 2023, upon recommendation of the Nomination and Remuneration Committee and approval of the Audit Committee, have approved the appointment of Mr. M. Sankaranarayanan as President Finance and Group Chief Financial Officer ("CFO") of the Company w.e.f. August 17, 2023. M. Sankaranarayanan is a Fellow Member of the Institute of Chartered Accountants of India. He is also a Qualified Company Secretary. He completed his Post Qualification course on Information System Audit (ISA) from the Institute of Chartered Accountants of India. He holds a Bachelor degree in Chemistry from University of Madras. He is a seasoned Finance & Accounts professional with more than two decades of experience in diversified industries including Infrastructure, Steel, Power and Hospitality. He has worked in different functions like accounts, finance, taxation, secretarial, information systems, compliances, audit, budgeting and has expertise in Equity/debt funding for Projects/working capital, M&As, International Accounting, IPO and QIP and related areas.お知らせ • Aug 05Himatsingka Seide Limited to Report Q1, 2024 Results on Aug 10, 2023Himatsingka Seide Limited announced that they will report Q1, 2024 results on Aug 10, 2023New Risk • Jul 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.4x net interest cover). Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change).お知らせ • Jun 29Himatsingka Seide Limited Announces Cessation of Manish Joshi as Nominee DirectorHimatsingka Seide Limited announced that Export-Import Bank of India (EXIM Bank) has withdrawn the nomination of Mr. Manish Joshi as a Nominee Director from the Board of the Company with effect from June 28, 2023. In the view of the same, Mr. Manish Joshi, has ceased to be a Nominee Director on the Board of the Company. Following the above-mentioned change, the total strength of the Board is 6 directors, out of which 3 Directors (50% of the total strength) are Independent Directors and 3 Directors (50% of the total strength) are Executive Directors.Price Target Changed • Jun 02Price target increased by 16% to ₹109Up from ₹93.50, the current price target is an average from 2 analysts. New target price is 6.4% above last closing price of ₹102. Stock is down 15% over the past year. The company is forecast to post earnings per share of ₹3.55 next year compared to a net loss per share of ₹6.51 last year.Reported Earnings • Jun 01Full year 2023 earnings released: ₹6.51 loss per share (vs ₹14.30 profit in FY 2022)Full year 2023 results: ₹6.51 loss per share (down from ₹14.30 profit in FY 2022). Revenue: ₹27.5b (down 14% from FY 2022). Net loss: ₹640.7m (down 146% from profit in FY 2022). Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 31% per year whereas the company’s share price has increased by 26% per year.お知らせ • May 31Himatsingka Seide Limited Announces Resignation of Rajiv Khaitan as Non-Executive - Independent DirectorHimatsingka Seide Limited announced that resignation of Mr. Rajiv Khaitan as Non-Executive - Independent Director, with effect from May 30, 2023 due to his preoccupation with personal and professional engagements.お知らせ • May 25Himatsingka Seide Limited to Report Q4, 2023 Results on May 30, 2023Himatsingka Seide Limited announced that they will report Q4, 2023 results on May 30, 2023Price Target Changed • Mar 16Price target decreased by 14% to ₹93.50Down from ₹109, the current price target is an average from 3 analysts. New target price is 22% above last closing price of ₹76.44. Stock is down 53% over the past year. The company is forecast to post earnings per share of ₹0.10 for next year compared to ₹14.30 last year.Board Change • Mar 14Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Harminder Sahni was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Feb 12Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2023 results: EPS: ₹0.22 (down from ₹2.75 in 3Q 2022). Revenue: ₹7.50b (down 5.1% from 3Q 2022). Net income: ₹22.0m (down 92% from 3Q 2022). Profit margin: 0.3% (down from 3.4% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 27%. Earnings per share (EPS) missed analyst estimates by 93%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.お知らせ • Feb 09Himatsingka Seide Limited announced that it expects to receive $12.5 million in funding from International Finance CorporationHimatsingka Seide Limited announced that it will receive $12,500,000 in a round of funding on February 8, 2023. The transaction will include participation from International Finance Corporation. The company will issue foreign currency convertible bonds in the transaction. The transaction is approved by the board of directors of the company.お知らせ • Feb 04Himatsingka Seide Limited to Report Q3, 2023 Results on Feb 11, 2023Himatsingka Seide Limited announced that they will report Q3, 2023 results on Feb 11, 2023お知らせ • Jan 03Himatsingka Seide Limited Announces the Resignation of Raja Venkataraman as Independent DirectorHimatsingka Seide Limited announced that Mr. Raja Venkataraman has tendered his resignation as Independent Director of the Company with effect from January 2, 2023 on account of pre-occupation with his own business and paucity of time. Mr. Raja Venkataraman resigned on account of pre-occupation with his own business and paucity of time.お知らせ • Dec 16Himatsingka Seide Limited Approves Resignation of V. Vasudevan Non-Executive, Non-Independent DirectorHimatsingka Seide Limited at the board of directors meeting held on December 15, 2022 approved resignation of Mr. V. Vasudevan Non-Executive, Non-Independent Director, with effect from December 15, 2022 due to his preoccupation and paucity of time. Mr. Vasudevan was associated with the Company since 2016 and has made significant contributionsin manufacturing (Operations). The Company has benefited immensely by his experience andguidance at many junctures.Reported Earnings • Nov 16Second quarter 2023 earnings: EPS and revenues miss analyst expectationsSecond quarter 2023 results: ₹3.44 loss per share (down from ₹4.88 profit in 2Q 2022). Revenue: ₹6.40b (down 21% from 2Q 2022). Net loss: ₹338.9m (down 171% from profit in 2Q 2022). Revenue missed analyst estimates by 4.4%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. 2 independent directors (3 non-independent directors). Non-Executive Independent Director Raja Venkataraman was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Nov 15Himatsingka Seide Limited Announces Resignation of Pradeep Bhargava as Independent DirectorHimatsingka Seide Limited in its board meeting held on November 14, 2022 approved the resignation of Mr. Pradeep Bhargava (DIN: 00525234), Independent Director, with effect from November 14, 2022 due to his preoccupation and paucity of time. He has confirmed in his resignation letter that there are no other material reasons for his resignation.お知らせ • Nov 07Himatsingka Seide Limited to Report Q2, 2023 Results on Nov 14, 2022Himatsingka Seide Limited announced that they will report Q2, 2023 results on Nov 14, 2022Buying Opportunity • Nov 02Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 16%. The fair value is estimated to be ₹127, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.5% over the last 3 years. Earnings per share has grown by 4.1%. Revenue is forecast to grow by 25% in 2 years. Earnings is forecast to grow by 807% in the next 2 years.Upcoming Dividend • Sep 13Upcoming dividend of ₹0.50 per shareEligible shareholders must have bought the stock before 20 September 2022. Payment date: 27 October 2022. Payout ratio is a comfortable 17% but the company is not cash flow positive. Trailing yield: 0.5%. Lower than top quartile of Indian dividend payers (1.5%). In line with average of industry peers (0.5%).お知らせ • Sep 08Himatsingka Seide Limited Proposes Final Dividend for the Financial Year Ended March 31, 2022, Payable on or Before October 27, 2022Himatsingka Seide Limited proposed final dividend of INR 0.5 per Equity Share for the Financial Year ended March 31, 2022 at its AGM to be held on September 28, 2022. Dividend Payment Date On or before October 27, 2022. September 21, 2022 as the Record Date.お知らせ • Sep 07Himatsingka Seide Limited, Annual General Meeting, Sep 28, 2022Himatsingka Seide Limited, Annual General Meeting, Sep 28, 2022, at 11:00 Indian Standard Time. Agenda: To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2022, together with the Board's Report and Report of Auditors thereon; to receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2022, together with the Report of Auditors thereon; to declare final dividend of INR 0.5/- per Equity Share for the Financial Year ended March 31, 2022;to re-appoint Mr. V. Vasudevan, Non-Executive Non-Independent Director as a Director who retires by rotation and being eligible, offers himself for re-appointment;to approve appointment of M/s MSKA & Associates, Chartered Accountants as the Statutory Auditors of the Company; and to discuss other matters.お知らせ • Aug 31Himatsingka Seide Limited Announces Resignation of Sangeeta Kulkarni as Independent DirectorHimatsingka Seide Limited announced that Mrs. Sangeeta Kulkarni has tendered her resignation from the office of Independent Director of the Company with effect from close of business hours on August 30, 2022 due to pre-occupation with her own business and paucity of time. Mrs. Kulkarni has confirmed in her letter that there are no other material reasons for her resignation.Major Estimate Revision • Aug 20Consensus EPS estimates fall by 39%The consensus outlook for earnings per share (EPS) in 2023 has deteriorated. 2023 revenue forecast decreased from ₹35.9b to ₹32.9b. EPS estimate also fell from ₹14.70 per share to ₹8.97 per share. Net income forecast to grow 361% next year vs 11% growth forecast for Luxury industry in India. Consensus price target down from ₹162 to ₹126. Share price fell 12% to ₹105 over the past week.Reported Earnings • Aug 14First quarter 2023 earnings released: ₹5.56 loss per share (vs ₹5.86 profit in 1Q 2022)First quarter 2023 results: ₹5.56 loss per share (down from ₹5.86 profit in 1Q 2022). Revenue: ₹6.79b (down 17% from 1Q 2022). Net loss: ₹547.3m (down 195% from profit in 1Q 2022). Over the next year, revenue is forecast to grow 23%, compared to a 12% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.お知らせ • Aug 07Himatsingka Seide Limited to Report Q1, 2023 Results on Aug 13, 2022Himatsingka Seide Limited announced that they will report Q1, 2023 results at 3:30 PM, Indian Standard Time on Aug 13, 2022Major Estimate Revision • Jun 06Consensus revenue estimates fall by 11%The consensus outlook for revenues in 2023 has deteriorated. 2023 revenue forecast decreased from ₹36.4b to ₹32.4b. EPS estimate fell from ₹26.10 to ₹10.00 per share. Net income forecast to shrink 30% next year vs 11% growth forecast for Luxury industry in India . Consensus price target down from ₹253 to ₹221. Share price fell 9.6% to ₹116 over the past week.お知らせ • May 31Himatsingka Seide Limited Declares Final Dividend for the Financial Year 2021-2022Himatsingka Seide Limited at its board of directors meeting held on May 30, 2022 declared of Final Dividend of INR 0.5 per (10%) Equity Share with INR 5 each for the Financial Year 2021-22.Reported Earnings • May 31Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: ₹14.30 (up from ₹5.42 loss in FY 2021). Revenue: ₹32.0b (up 42% from FY 2021). Net income: ₹1.41b (up ₹1.94b from FY 2021). Profit margin: 4.4% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 16%. Over the next year, revenue is forecast to grow 14%, compared to a 23% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings. このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Himatsingka Seide は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測BSE:514043 - アナリストの将来予測と過去の財務データ ( )INR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/202625,1516201,7702,041N/A12/31/202525,548725N/AN/AN/A9/30/202526,3498672,3642,567N/A6/30/202526,997664N/AN/AN/A3/31/202527,7827602,1152,351N/A12/31/202428,182878N/AN/AN/A9/30/202428,5009722,4412,880N/A6/30/202428,9481,042N/AN/AN/A3/31/202428,4151,1282,7393,223N/A12/31/202328,3421,114N/AN/AN/A9/30/202328,4778255,1395,407N/A6/30/202327,221198N/AN/AN/A3/31/202326,777-6413,4443,541N/A12/31/202227,529-784N/AN/AN/A9/30/202228,068-5359967N/A6/30/202230,064284N/AN/AN/A3/31/202231,8401,408-797679N/A12/31/202131,6521,704N/AN/AN/A9/30/202130,5391,8844361,717N/A6/30/202128,9431,441N/AN/AN/A3/31/202122,583-5334,4865,764N/A12/31/202019,212-1,598N/AN/AN/A9/30/202019,075-2,0214,7765,984N/A6/30/202018,978-1,718N/AN/AN/A3/31/202023,5791331,9434,340N/A12/31/201926,3981,305N/AN/AN/A9/30/201926,5241,789N/AN/AN/A6/30/201926,7461,975N/AN/AN/A3/31/201926,1761,968N/A4,785N/A12/31/201824,9021,988N/AN/AN/A9/30/201824,0761,977N/AN/AN/A6/30/201823,2011,956N/AN/AN/A3/31/201822,4912,016N/A195N/A12/31/201722,6991,969N/AN/AN/A9/30/201722,2191,919N/AN/AN/A6/30/201721,9311,874N/AN/AN/A3/31/201721,3841,821N/A1,857N/A12/31/201620,6161,378N/AN/AN/A9/30/201618,7592,009N/AN/AN/A6/30/201618,9631,852N/AN/AN/A3/31/201618,8961,253N/A1,810N/A12/31/201518,6531,498N/AN/AN/A9/30/201519,2141,327N/AN/AN/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 514043の予測収益成長が 貯蓄率 ( 6.9% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: 514043の収益がIndian市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: 514043の収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: 514043の収益がIndian市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: 514043の収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 514043の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YConsumer-durables 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/23 18:09終値2026/07/23 00:00収益2026/03/31年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Himatsingka Seide Limited 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。7 アナリスト機関null null360 ONE Capital Market Private Limitednull nullAsian Markets Securities Private LimitedVikas JainEquirus Securities Private Limited4 その他のアナリストを表示
Price Target Changed • Aug 22Price target increased by 12% to ₹195Up from ₹174, the current price target is an average from 2 analysts. New target price is 28% above last closing price of ₹152. Stock is down 2.4% over the past year. The company posted earnings per share of ₹11.46 last year.
Price Target Changed • Jun 11Price target decreased by 10% to ₹174Down from ₹193, the current price target is an average from 2 analysts. New target price is 32% above last closing price of ₹132. Stock is up 17% over the past year. The company posted earnings per share of ₹11.46 last year.
Price Target Changed • Jun 02Price target increased by 16% to ₹109Up from ₹93.50, the current price target is an average from 2 analysts. New target price is 6.4% above last closing price of ₹102. Stock is down 15% over the past year. The company is forecast to post earnings per share of ₹3.55 next year compared to a net loss per share of ₹6.51 last year.
Price Target Changed • Mar 16Price target decreased by 14% to ₹93.50Down from ₹109, the current price target is an average from 3 analysts. New target price is 22% above last closing price of ₹76.44. Stock is down 53% over the past year. The company is forecast to post earnings per share of ₹0.10 for next year compared to ₹14.30 last year.
Major Estimate Revision • Aug 20Consensus EPS estimates fall by 39%The consensus outlook for earnings per share (EPS) in 2023 has deteriorated. 2023 revenue forecast decreased from ₹35.9b to ₹32.9b. EPS estimate also fell from ₹14.70 per share to ₹8.97 per share. Net income forecast to grow 361% next year vs 11% growth forecast for Luxury industry in India. Consensus price target down from ₹162 to ₹126. Share price fell 12% to ₹105 over the past week.
Major Estimate Revision • Jun 06Consensus revenue estimates fall by 11%The consensus outlook for revenues in 2023 has deteriorated. 2023 revenue forecast decreased from ₹36.4b to ₹32.4b. EPS estimate fell from ₹26.10 to ₹10.00 per share. Net income forecast to shrink 30% next year vs 11% growth forecast for Luxury industry in India . Consensus price target down from ₹253 to ₹221. Share price fell 9.6% to ₹116 over the past week.
Buy Or Sell Opportunity • Jul 13Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 1.4% to ₹89.98. The fair value is estimated to be ₹73.31, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 2.6% over the last 3 years. Meanwhile, the company has become profitable.
Buy Or Sell Opportunity • Jun 24Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 12% to ₹88.05. The fair value is estimated to be ₹72.57, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 2.6% over the last 3 years. Meanwhile, the company has become profitable.
Reported Earnings • May 28Full year 2026 earnings released: EPS: ₹4.93 (vs ₹6.92 in FY 2025)Full year 2026 results: EPS: ₹4.93 (down from ₹6.92 in FY 2025). Revenue: ₹27.3b (down 1.8% from FY 2025). Net income: ₹619.6m (down 19% from FY 2025). Profit margin: 2.3% (down from 2.7% in FY 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
お知らせ • May 28+ 1 more updateHimatsingka Seide Limited announced that it expects to receive INR 5.5 billion in fundingHimatsingka Seide Limited announced a private placement to issue 55,000 series “1” INR denominated, senior, secured, rated, listed, redeemable, taxable, non-convertible debenture for gross proceeds of INR 550 million on May 27, 2026. The transaction will include participation from eligible investors. The transaction will be completed in one or more tranches and has been approved by the board of the directors of the company. The tenure of the debt is 42 months from the deemed date of allotment and will have an interest rate of 11.50% p.a., payable quarterly. The principal amount will be repaid in three instalments at the end of 30 months, 36 months and 42 months respectively. The company can raise INR 2,500 million with series "1" non convertible debentures through Green Shoe Option .
お知らせ • May 27Himatsingka Seide Limited Recommends Final Dividend for the Financial Year Ended 2025-26Himatsingka Seide Limited at the board meeting held on May 27, 2026, Recommended Final Dividend of INR 0.25 per equity share (5%) of face value INR 5/- each for the Financial Year ended 2025-26, subject to the approval of shareholders at the ensuing Annual General Meeting of the Company.
お知らせ • May 20Himatsingka Seide Limited to Report Q4, 2026 Results on May 27, 2026Himatsingka Seide Limited announced that they will report Q4, 2026 results on May 27, 2026
New Risk • May 14New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₹9.56b (US$99.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.0x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Market cap is less than US$100m (₹9.56b market cap, or US$99.8m).
Valuation Update With 7 Day Price Move • Apr 06Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹83.94, the stock trades at a trailing P/E ratio of 14.6x. Average trailing P/E is 16x in the Luxury industry in India. Total returns to shareholders of 10% over the past three years.
New Risk • Apr 01New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.0x net interest cover). Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Large one-off items impacting financial results.
New Risk • Mar 23New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 0.3% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.0x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
Reported Earnings • Feb 12Third quarter 2026 earnings released: EPS: ₹0.61 (vs ₹1.74 in 3Q 2025)Third quarter 2026 results: EPS: ₹0.61 (down from ₹1.74 in 3Q 2025). Revenue: ₹6.37b (down 7.8% from 3Q 2025). Net income: ₹76.6m (down 65% from 3Q 2025). Profit margin: 1.2% (down from 3.2% in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 05Himatsingka Seide Limited to Report Q3, 2026 Results on Feb 11, 2026Himatsingka Seide Limited announced that they will report Q3, 2026 results on Feb 11, 2026
Buy Or Sell Opportunity • Feb 03Now 25% overvaluedOver the last 90 days, the stock has fallen 3.1% to ₹119. The fair value is estimated to be ₹94.93, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable.
Buy Or Sell Opportunity • Jan 02Now 20% overvaluedOver the last 90 days, the stock has fallen 3.4% to ₹115. The fair value is estimated to be ₹95.57, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable.
Buy Or Sell Opportunity • Dec 09Now 20% overvaluedOver the last 90 days, the stock has fallen 13% to ₹114. The fair value is estimated to be ₹95.11, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable.
Reported Earnings • Nov 14Second quarter 2026 earnings released: EPS: ₹3.34 (vs ₹2.20 in 2Q 2025)Second quarter 2026 results: EPS: ₹3.34 (up from ₹2.20 in 2Q 2025). Revenue: ₹7.07b (up 1.9% from 2Q 2025). Net income: ₹420.0m (up 94% from 2Q 2025). Profit margin: 5.9% (up from 3.1% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
お知らせ • Nov 04Himatsingka Seide Limited to Report Q2, 2026 Results on Nov 12, 2025Himatsingka Seide Limited announced that they will report Q2, 2026 results on Nov 12, 2025
お知らせ • Sep 04Himatsingka Seide Limited, Annual General Meeting, Sep 26, 2025Himatsingka Seide Limited, Annual General Meeting, Sep 26, 2025, at 12:10 Indian Standard Time.
Declared Dividend • Sep 04Dividend of ₹0.25 announcedDividend of ₹0.25 is the same as last year. Ex-date: 19th September 2025 Payment date: 1st January 1970 Dividend yield will be 0.2%, which is lower than the industry average of 0.4%. Sustainability & Growth Dividend is well covered by both earnings (4% earnings payout ratio) and cash flows (1% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 33% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Sep 03Himatsingka Seide Limited announces Annual dividend, payable on October 25, 2025Himatsingka Seide Limited announced Annual dividend of INR 0.2500 per share payable on October 25, 2025, ex-date on September 19, 2025 and record date on September 19, 2025.
Reported Earnings • Aug 13First quarter 2026 earnings released: EPS: ₹0.87 (vs ₹2.09 in 1Q 2025)First quarter 2026 results: EPS: ₹0.87 (down from ₹2.09 in 1Q 2025). Revenue: ₹6.61b (down 10% from 1Q 2025). Net income: ₹109.0m (down 47% from 1Q 2025). Profit margin: 1.6% (down from 2.8% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 05Himatsingka Seide Limited to Report Q1, 2026 Results on Aug 12, 2025Himatsingka Seide Limited announced that they will report Q1, 2026 results on Aug 12, 2025
Reported Earnings • May 29Full year 2025 earnings released: EPS: ₹6.92 (vs ₹11.46 in FY 2024)Full year 2025 results: EPS: ₹6.92 (down from ₹11.46 in FY 2024). Revenue: ₹28.4b (flat on FY 2024). Net income: ₹760.4m (down 33% from FY 2024). Profit margin: 2.7% (down from 4.0% in FY 2024). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
New Risk • May 29New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.7% Last year net profit margin: 4.0% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.4x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.7% net profit margin). Shareholders have been diluted in the past year (28% increase in shares outstanding).
お知らせ • May 23Himatsingka Seide Limited to Report Q4, 2025 Results on May 28, 2025Himatsingka Seide Limited announced that they will report Q4, 2025 results at 12:08 PM, Indian Standard Time on May 28, 2025
Valuation Update With 7 Day Price Move • Apr 10Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ₹135, the stock trades at a trailing P/E ratio of 19.4x. Average forward P/E is 22x in the Luxury industry in India. Total loss to shareholders of 14% over the past three years.
Valuation Update With 7 Day Price Move • Mar 07Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₹137, the stock trades at a trailing P/E ratio of 19.6x. Average forward P/E is 23x in the Luxury industry in India. Total loss to shareholders of 13% over the past three years.
Buy Or Sell Opportunity • Feb 18Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 24% to ₹124. The fair value is estimated to be ₹156, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.9% over the last 3 years. Earnings per share has grown by 13%.
Reported Earnings • Feb 14Third quarter 2025 earnings released: EPS: ₹1.74 (vs ₹3.16 in 3Q 2024)Third quarter 2025 results: EPS: ₹1.74 (down from ₹3.16 in 3Q 2024). Revenue: ₹6.91b (down 4.4% from 3Q 2024). Net income: ₹218.4m (down 30% from 3Q 2024). Profit margin: 3.2% (down from 4.3% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Feb 13Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₹138, the stock trades at a trailing P/E ratio of 17.8x. Average forward P/E is 24x in the Luxury industry in India. Total loss to shareholders of 27% over the past three years.
お知らせ • Feb 06Himatsingka Seide Limited to Report Q3, 2025 Results on Feb 12, 2025Himatsingka Seide Limited announced that they will report Q3, 2025 results at 12:08 PM, Indian Standard Time on Feb 12, 2025
Valuation Update With 7 Day Price Move • Jan 27Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₹155, the stock trades at a trailing P/E ratio of 20.1x. Average forward P/E is 27x in the Luxury industry in India. Total loss to shareholders of 32% over the past three years.
お知らせ • Jan 24Himatsingka Seide Limited Announces Resignation of Shyam Powar as Non-Executive - Independent DirectorHimatsingka Seide Limited informed that Mr. Shyam Powar, Non-Executive - Independent Director, has resigned as a Director of the Company, with effect from the close of business hours of January 24, 2025 on account of restrictions arising from new assignments undertaken by him. (resignation letter enclosed) . Mr. Shyam Powar has confirmed that there are no other material reasons for his resignation.
お知らせ • Dec 15Himatsingka Seide Limited Announces Cessation of S Shanmugasundaram as Whole Time DirectorHimatsingka Seide Limited informed that the term of appointment of Mr. S Shanmugasundaram ends on December 14, 2024. Consequently, Mr. S Shanmugasundaram ceases to be a Whole Time Director of the Company with effect from the close of Business hours on December 14, 2024.
Reported Earnings • Nov 16Second quarter 2025 earnings released: EPS: ₹2.20 (vs ₹2.92 in 2Q 2024)Second quarter 2025 results: EPS: ₹2.20 (down from ₹2.92 in 2Q 2024). Revenue: ₹7.00b (down 5.3% from 2Q 2024). Net income: ₹217.0m (down 25% from 2Q 2024). Profit margin: 3.1% (down from 3.9% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.9% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings.
お知らせ • Nov 09Himatsingka Seide Limited to Report Q2, 2025 Results on Nov 14, 2024Himatsingka Seide Limited announced that they will report Q2, 2025 results on Nov 14, 2024
お知らせ • Oct 26Himatsingka Seide Limited has filed a Follow-on Equity Offering.Himatsingka Seide Limited has filed a Follow-on Equity Offering. Security Name: Equity Shares Security Type: Common Stock Price(minimum): INR 154.31 Transaction Features: Regulation S; Subsequent Direct Listing
Valuation Update With 7 Day Price Move • Sep 18Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₹162, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 30x in the Luxury industry in India. Total loss to shareholders of 34% over the past three years.
Upcoming Dividend • Sep 13Upcoming dividend of ₹0.25 per shareEligible shareholders must have bought the stock before 20 September 2024. Payment date: 26 October 2024. Trailing yield: 0.2%. Lower than top quartile of Indian dividend payers (1.0%). Lower than average of industry peers (0.4%).
お知らせ • Sep 10Himatsingka Seide Limited, Annual General Meeting, Sep 27, 2024Himatsingka Seide Limited, Annual General Meeting, Sep 27, 2024, at 12:10 Indian Standard Time.
Price Target Changed • Aug 22Price target increased by 12% to ₹195Up from ₹174, the current price target is an average from 2 analysts. New target price is 28% above last closing price of ₹152. Stock is down 2.4% over the past year. The company posted earnings per share of ₹11.46 last year.
Reported Earnings • Aug 04First quarter 2025 earnings released: EPS: ₹2.09 (vs ₹2.96 in 1Q 2024)First quarter 2025 results: EPS: ₹2.09 (down from ₹2.96 in 1Q 2024). Revenue: ₹7.38b (up 8.2% from 1Q 2024). Net income: ₹205.6m (down 30% from 1Q 2024). Profit margin: 2.8% (down from 4.3% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.9% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.
お知らせ • Jul 29Himatsingka Seide Limited to Report Q1, 2025 Results on Aug 03, 2024Himatsingka Seide Limited announced that they will report Q1, 2025 results at 12:08 PM, Indian Standard Time on Aug 03, 2024
Price Target Changed • Jun 11Price target decreased by 10% to ₹174Down from ₹193, the current price target is an average from 2 analysts. New target price is 32% above last closing price of ₹132. Stock is up 17% over the past year. The company posted earnings per share of ₹11.46 last year.
Reported Earnings • May 25Full year 2024 earnings released: EPS: ₹11.46 (vs ₹6.51 loss in FY 2023)Full year 2024 results: EPS: ₹11.46 (up from ₹6.51 loss in FY 2023). Revenue: ₹28.6b (up 6.9% from FY 2023). Net income: ₹1.13b (up ₹1.77b from FY 2023). Profit margin: 3.9% (up from net loss in FY 2023). Revenue is forecast to grow 9.1% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 10% per year.
お知らせ • May 24+ 1 more updateHimatsingka Seide Limited Recommends Dividend for the Financial Year Ended 2023-24Himatsingka Seide Limited recommended Final Dividend of INR 0.25/- per equity share (5%) of face value INR 5/- each for the financial year ended 2023-24, subject to approval of shareholders at the ensuing Annual GeneralMeeting of the Company.
お知らせ • May 17Himatsingka Seide Limited to Report Q4, 2024 Results on May 23, 2024Himatsingka Seide Limited announced that they will report Q4, 2024 results at 12:08 PM, Indian Standard Time on May 23, 2024
Valuation Update With 7 Day Price Move • Apr 03Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₹143, the stock trades at a trailing P/E ratio of 12.6x. Average forward P/E is 26x in the Luxury industry in India. Negligible returns to shareholders over past three years.
New Risk • Feb 07New major risk - Revenue and earnings growthEarnings have declined by 16% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.6x net interest cover). Earnings have declined by 16% per year over the past 5 years.
Board Change • Feb 05Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Shyam Powar was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Reported Earnings • Feb 03Third quarter 2024 earnings released: EPS: ₹3.16 (vs ₹0.22 in 3Q 2023)Third quarter 2024 results: EPS: ₹3.16 (up from ₹0.22 in 3Q 2023). Revenue: ₹7.25b (down 1.6% from 3Q 2023). Net income: ₹311.6m (up ₹289.6m from 3Q 2023). Profit margin: 4.3% (up from 0.3% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 6% per year.
お知らせ • Feb 03Himatsingka Seide Limited Appoints Bindu D. as Company Secretary, Effective February 03, 2024The Board of Directors of Himatsingka Seide Limited, at the meeting held on February 02, 2024 has approved the appointment of Ms. Bindu D. (Membership No ACS 23290) as the Company Secretary & Compliance Officer of the Company with effect from February 03, 2024. Bindu is a qualified Company Secretary from The Institute of Company Secretaries of India. She has also completed her Masters of Commerce from Osmania University, Hyderabad. Bindu carries with her around 16 years of experience in the field of corporate compliance and company law related matters.
お知らせ • Feb 01Himatsingka Seide Limited Appoints Manish Joshi as Nominee DirectorHimatsingka Seide Limited announced that Export-Import Bank of India has appointed Mr. Manish Joshi, General Manager, EXIM Bank as a Nominee Director on the Board of the Company. Mr. Manish Joshi has over 26 years of experience in various functions of banking. He joined EXIM Bank in 2011 and is currently placed at the Credit Appraisal Group of the Bank. He has served in various groups of the Bank, including Corporate Banking Group and at the Bank's New Delhi regional office. Before joining EXIM Bank, Mr. Joshi was working with State Bank of India where he served the Bank across various locations and offices/branches during his 15-year tenure. He has graduated in Electronics Engineering and holds a master's degree from Indian Institute of Management, Indore. He is also a Certified Associate of Indian Institute of Bankers.
お知らせ • Jan 30Himatsingka Seide Limited Announces the Resignation of Mr. M. Sridhar as Company Secretary / Compliance Officer, Effective February 2, 2024Himatsingka Seide Limited informed that Mr. M. Sridhar, Company Secretary & Compliance Officer has tendered his resignation from the position of Company Secretary & Compliance Officer vide letter dated January 30, 2024 to pursue opportunities outside the Company and will be relieved from the services of the Company with effect from close of business hours of February 02, 2024.
お知らせ • Jan 27Himatsingka Seide Limited to Report Q3, 2024 Results on Feb 02, 2024Himatsingka Seide Limited announced that they will report Q3, 2024 results on Feb 02, 2024
New Risk • Nov 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.4x net interest cover). Minor Risk Share price has been volatile over the past 3 months (7.5% average weekly change).
Valuation Update With 7 Day Price Move • Nov 15Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₹169, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 21x in the Luxury industry in India. Total returns to shareholders of 40% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹118 per share.
Reported Earnings • Nov 08Second quarter 2024 earnings released: EPS: ₹2.92 (vs ₹3.44 loss in 2Q 2023)Second quarter 2024 results: EPS: ₹2.92 (up from ₹3.44 loss in 2Q 2023). Revenue: ₹7.48b (up 22% from 2Q 2023). Net income: ₹287.8m (up ₹626.7m from 2Q 2023). Profit margin: 3.8% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
New Risk • Nov 08New major risk - Revenue and earnings growthEarnings have declined by 30% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.0x net interest cover). Earnings have declined by 30% per year over the past 5 years.
お知らせ • Nov 01Himatsingka Seide Limited to Report Q2, 2024 Results on Nov 07, 2023Himatsingka Seide Limited announced that they will report Q2, 2024 results on Nov 07, 2023
Valuation Update With 7 Day Price Move • Oct 31Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₹154, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 22x in the Luxury industry in India. Total returns to shareholders of 28% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹104 per share.
お知らせ • Sep 27Himatsingka Group Unveils Himeya, Its Exclusive Bedding and Bath Products Brand with A Pan India PresenceHimatsingka Group launched its Himeya brand for bedding & bath products that will be available across the country. With the launch of the Himeya brand, Himatsingka brings its global expertise in home textiles to the growing Indian market. The brand was unveiled at the JW Marriott, Prestige Golfshire Bangalore. Himeya is on a mission to make homes across the country truly special by providing households & institutional audiences industry leading bedding & bath products. The brand endeavors to deliver its promise of "Ghar Banaye Special" - making homes across India truly special. Himeya will cater to a cross section of audiences with its Comfort, Elite, Gold & Play Collections. Himeya will be both affordable and aspirational for its customers and the brand will be available across Multi-Brand Outlets (MBOs), Large Formats Stores & various Dotcom platforms. Himeya embodies the true spirit of Make in India. The products are proudly made at Himatsingka's world-class and cutting-edge manufacturing facilities in India.
お知らせ • Sep 07Himatsingka Seide Limited, Annual General Meeting, Sep 28, 2023Himatsingka Seide Limited, Annual General Meeting, Sep 28, 2023, at 12:00 Indian Standard Time. Agenda: To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2023, together with the Board's Report and Report of Auditors thereon; to receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2023, together with the Report of Auditors thereon; to re-appoint Mr. S. Shanmuga Sundaram, as a Director who retires by rotation and being eligible, offers himself for re-appointment; to approve the payment of Remuneration to Non- Executive Directors; and to discuss other matters.
Reported Earnings • Aug 12First quarter 2024 earnings released: EPS: ₹2.96 (vs ₹5.56 loss in 1Q 2023)First quarter 2024 results: EPS: ₹2.96 (up from ₹5.56 loss in 1Q 2023). Revenue: ₹6.87b (up 7.6% from 1Q 2023). Net income: ₹291.5m (up ₹838.8m from 1Q 2023). Profit margin: 4.2% (up from net loss in 1Q 2023). The move to profitability was primarily driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 11+ 1 more updateHimatsingka Seide Limited. Appoints M. Sankaranarayanan as Group Chief Financial OfficerHimatsingka Seide Limited informed that the Board of Directors at their meeting held on August 10, 2023, upon recommendation of the Nomination and Remuneration Committee and approval of the Audit Committee, have approved the appointment of Mr. M. Sankaranarayanan as President Finance and Group Chief Financial Officer ("CFO") of the Company w.e.f. August 17, 2023. M. Sankaranarayanan is a Fellow Member of the Institute of Chartered Accountants of India. He is also a Qualified Company Secretary. He completed his Post Qualification course on Information System Audit (ISA) from the Institute of Chartered Accountants of India. He holds a Bachelor degree in Chemistry from University of Madras. He is a seasoned Finance & Accounts professional with more than two decades of experience in diversified industries including Infrastructure, Steel, Power and Hospitality. He has worked in different functions like accounts, finance, taxation, secretarial, information systems, compliances, audit, budgeting and has expertise in Equity/debt funding for Projects/working capital, M&As, International Accounting, IPO and QIP and related areas.
お知らせ • Aug 05Himatsingka Seide Limited to Report Q1, 2024 Results on Aug 10, 2023Himatsingka Seide Limited announced that they will report Q1, 2024 results on Aug 10, 2023
New Risk • Jul 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.4x net interest cover). Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change).
お知らせ • Jun 29Himatsingka Seide Limited Announces Cessation of Manish Joshi as Nominee DirectorHimatsingka Seide Limited announced that Export-Import Bank of India (EXIM Bank) has withdrawn the nomination of Mr. Manish Joshi as a Nominee Director from the Board of the Company with effect from June 28, 2023. In the view of the same, Mr. Manish Joshi, has ceased to be a Nominee Director on the Board of the Company. Following the above-mentioned change, the total strength of the Board is 6 directors, out of which 3 Directors (50% of the total strength) are Independent Directors and 3 Directors (50% of the total strength) are Executive Directors.
Price Target Changed • Jun 02Price target increased by 16% to ₹109Up from ₹93.50, the current price target is an average from 2 analysts. New target price is 6.4% above last closing price of ₹102. Stock is down 15% over the past year. The company is forecast to post earnings per share of ₹3.55 next year compared to a net loss per share of ₹6.51 last year.
Reported Earnings • Jun 01Full year 2023 earnings released: ₹6.51 loss per share (vs ₹14.30 profit in FY 2022)Full year 2023 results: ₹6.51 loss per share (down from ₹14.30 profit in FY 2022). Revenue: ₹27.5b (down 14% from FY 2022). Net loss: ₹640.7m (down 146% from profit in FY 2022). Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 31% per year whereas the company’s share price has increased by 26% per year.
お知らせ • May 31Himatsingka Seide Limited Announces Resignation of Rajiv Khaitan as Non-Executive - Independent DirectorHimatsingka Seide Limited announced that resignation of Mr. Rajiv Khaitan as Non-Executive - Independent Director, with effect from May 30, 2023 due to his preoccupation with personal and professional engagements.
お知らせ • May 25Himatsingka Seide Limited to Report Q4, 2023 Results on May 30, 2023Himatsingka Seide Limited announced that they will report Q4, 2023 results on May 30, 2023
Price Target Changed • Mar 16Price target decreased by 14% to ₹93.50Down from ₹109, the current price target is an average from 3 analysts. New target price is 22% above last closing price of ₹76.44. Stock is down 53% over the past year. The company is forecast to post earnings per share of ₹0.10 for next year compared to ₹14.30 last year.
Board Change • Mar 14Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Harminder Sahni was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Feb 12Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2023 results: EPS: ₹0.22 (down from ₹2.75 in 3Q 2022). Revenue: ₹7.50b (down 5.1% from 3Q 2022). Net income: ₹22.0m (down 92% from 3Q 2022). Profit margin: 0.3% (down from 3.4% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 27%. Earnings per share (EPS) missed analyst estimates by 93%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
お知らせ • Feb 09Himatsingka Seide Limited announced that it expects to receive $12.5 million in funding from International Finance CorporationHimatsingka Seide Limited announced that it will receive $12,500,000 in a round of funding on February 8, 2023. The transaction will include participation from International Finance Corporation. The company will issue foreign currency convertible bonds in the transaction. The transaction is approved by the board of directors of the company.
お知らせ • Feb 04Himatsingka Seide Limited to Report Q3, 2023 Results on Feb 11, 2023Himatsingka Seide Limited announced that they will report Q3, 2023 results on Feb 11, 2023
お知らせ • Jan 03Himatsingka Seide Limited Announces the Resignation of Raja Venkataraman as Independent DirectorHimatsingka Seide Limited announced that Mr. Raja Venkataraman has tendered his resignation as Independent Director of the Company with effect from January 2, 2023 on account of pre-occupation with his own business and paucity of time. Mr. Raja Venkataraman resigned on account of pre-occupation with his own business and paucity of time.
お知らせ • Dec 16Himatsingka Seide Limited Approves Resignation of V. Vasudevan Non-Executive, Non-Independent DirectorHimatsingka Seide Limited at the board of directors meeting held on December 15, 2022 approved resignation of Mr. V. Vasudevan Non-Executive, Non-Independent Director, with effect from December 15, 2022 due to his preoccupation and paucity of time. Mr. Vasudevan was associated with the Company since 2016 and has made significant contributionsin manufacturing (Operations). The Company has benefited immensely by his experience andguidance at many junctures.
Reported Earnings • Nov 16Second quarter 2023 earnings: EPS and revenues miss analyst expectationsSecond quarter 2023 results: ₹3.44 loss per share (down from ₹4.88 profit in 2Q 2022). Revenue: ₹6.40b (down 21% from 2Q 2022). Net loss: ₹338.9m (down 171% from profit in 2Q 2022). Revenue missed analyst estimates by 4.4%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. 2 independent directors (3 non-independent directors). Non-Executive Independent Director Raja Venkataraman was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Nov 15Himatsingka Seide Limited Announces Resignation of Pradeep Bhargava as Independent DirectorHimatsingka Seide Limited in its board meeting held on November 14, 2022 approved the resignation of Mr. Pradeep Bhargava (DIN: 00525234), Independent Director, with effect from November 14, 2022 due to his preoccupation and paucity of time. He has confirmed in his resignation letter that there are no other material reasons for his resignation.
お知らせ • Nov 07Himatsingka Seide Limited to Report Q2, 2023 Results on Nov 14, 2022Himatsingka Seide Limited announced that they will report Q2, 2023 results on Nov 14, 2022
Buying Opportunity • Nov 02Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 16%. The fair value is estimated to be ₹127, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.5% over the last 3 years. Earnings per share has grown by 4.1%. Revenue is forecast to grow by 25% in 2 years. Earnings is forecast to grow by 807% in the next 2 years.
Upcoming Dividend • Sep 13Upcoming dividend of ₹0.50 per shareEligible shareholders must have bought the stock before 20 September 2022. Payment date: 27 October 2022. Payout ratio is a comfortable 17% but the company is not cash flow positive. Trailing yield: 0.5%. Lower than top quartile of Indian dividend payers (1.5%). In line with average of industry peers (0.5%).
お知らせ • Sep 08Himatsingka Seide Limited Proposes Final Dividend for the Financial Year Ended March 31, 2022, Payable on or Before October 27, 2022Himatsingka Seide Limited proposed final dividend of INR 0.5 per Equity Share for the Financial Year ended March 31, 2022 at its AGM to be held on September 28, 2022. Dividend Payment Date On or before October 27, 2022. September 21, 2022 as the Record Date.
お知らせ • Sep 07Himatsingka Seide Limited, Annual General Meeting, Sep 28, 2022Himatsingka Seide Limited, Annual General Meeting, Sep 28, 2022, at 11:00 Indian Standard Time. Agenda: To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2022, together with the Board's Report and Report of Auditors thereon; to receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2022, together with the Report of Auditors thereon; to declare final dividend of INR 0.5/- per Equity Share for the Financial Year ended March 31, 2022;to re-appoint Mr. V. Vasudevan, Non-Executive Non-Independent Director as a Director who retires by rotation and being eligible, offers himself for re-appointment;to approve appointment of M/s MSKA & Associates, Chartered Accountants as the Statutory Auditors of the Company; and to discuss other matters.
お知らせ • Aug 31Himatsingka Seide Limited Announces Resignation of Sangeeta Kulkarni as Independent DirectorHimatsingka Seide Limited announced that Mrs. Sangeeta Kulkarni has tendered her resignation from the office of Independent Director of the Company with effect from close of business hours on August 30, 2022 due to pre-occupation with her own business and paucity of time. Mrs. Kulkarni has confirmed in her letter that there are no other material reasons for her resignation.
Major Estimate Revision • Aug 20Consensus EPS estimates fall by 39%The consensus outlook for earnings per share (EPS) in 2023 has deteriorated. 2023 revenue forecast decreased from ₹35.9b to ₹32.9b. EPS estimate also fell from ₹14.70 per share to ₹8.97 per share. Net income forecast to grow 361% next year vs 11% growth forecast for Luxury industry in India. Consensus price target down from ₹162 to ₹126. Share price fell 12% to ₹105 over the past week.
Reported Earnings • Aug 14First quarter 2023 earnings released: ₹5.56 loss per share (vs ₹5.86 profit in 1Q 2022)First quarter 2023 results: ₹5.56 loss per share (down from ₹5.86 profit in 1Q 2022). Revenue: ₹6.79b (down 17% from 1Q 2022). Net loss: ₹547.3m (down 195% from profit in 1Q 2022). Over the next year, revenue is forecast to grow 23%, compared to a 12% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
お知らせ • Aug 07Himatsingka Seide Limited to Report Q1, 2023 Results on Aug 13, 2022Himatsingka Seide Limited announced that they will report Q1, 2023 results at 3:30 PM, Indian Standard Time on Aug 13, 2022
Major Estimate Revision • Jun 06Consensus revenue estimates fall by 11%The consensus outlook for revenues in 2023 has deteriorated. 2023 revenue forecast decreased from ₹36.4b to ₹32.4b. EPS estimate fell from ₹26.10 to ₹10.00 per share. Net income forecast to shrink 30% next year vs 11% growth forecast for Luxury industry in India . Consensus price target down from ₹253 to ₹221. Share price fell 9.6% to ₹116 over the past week.
お知らせ • May 31Himatsingka Seide Limited Declares Final Dividend for the Financial Year 2021-2022Himatsingka Seide Limited at its board of directors meeting held on May 30, 2022 declared of Final Dividend of INR 0.5 per (10%) Equity Share with INR 5 each for the Financial Year 2021-22.
Reported Earnings • May 31Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: ₹14.30 (up from ₹5.42 loss in FY 2021). Revenue: ₹32.0b (up 42% from FY 2021). Net income: ₹1.41b (up ₹1.94b from FY 2021). Profit margin: 4.4% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 16%. Over the next year, revenue is forecast to grow 14%, compared to a 23% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.