Himatsingka Seide Ltd

NSE: HIMATSEIDE BSE: 514043

₹77.38

(3.02%)

Sun, 31 May 2026, 06:25 am

Market Cap9.72B

PE Ratio16.04

Dividend0.32

Process Industries

Textiles

24.5K

Himatsingka Seide Analysis

Pros

Dividends per share have increased over the past 10 years.
Dividends paid are well covered by earnings (3.8x coverage).
Dividends after 3 years are expected to be well covered by earnings (4.8x coverage).
Himatsingka Seide's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).
Himatsingka Seide's dividend is above the markets top 25% of dividend payers in India (3.08%).

Cons

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Pros

Himatsingka Seide's earnings are expected to grow significantly at over 20% yearly.
Himatsingka Seide's earnings growth is expected to exceed the India market average.
Himatsingka Seide's earnings growth is expected to exceed the low risk savings rate of 7.2%.
Himatsingka Seide's earnings are expected to exceed the low risk growth rate next year.
Performance (ROE) is expected to be above the current IN Luxury industry average.

Cons

Cash flow for Himatsingka Seide is expected to decrease over the next 2 years.
Himatsingka Seide is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
A decline in Himatsingka Seide's performance (ROE) is expected over the next 3 years.
Himatsingka Seide's revenue is expected to increase but not above the 50% threshold in 2 years time.
Himatsingka Seide's revenue is expected to grow by 2.3% yearly, however this is not considered high growth (20% yearly).
Himatsingka Seide's revenue growth is positive but not above the India market average.

Pros

Himatsingka Seide is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Himatsingka Seide is profitable, therefore cash runway is not a concern.
Himatsingka Seide is profitable, therefore cash runway is not a concern.

Cons

Debt is not well covered by operating cash flow (18.6%, less than 20% of total debt).
Debt is not covered by short term assets, assets are 0.7x debt.
Himatsingka Seide's long term commitments exceed its cash and other short term assets.
The level of debt compared to net worth has increased over the past 5 years (101.4% vs 180% today).
Interest payments on debt are not well covered by earnings (EBIT is 2.2x annual interest expense, ideally 3x coverage).
Himatsingka Seide's level of debt (180%) compared to net worth is high (greater than 40%).
High level of physical assets or inventory.

Pros

The tenure for the Himatsingka Seide board of directors is about average.
SKH's compensation has been consistent with company performance over the past year, both up more than 20%.
The tenure for the Himatsingka Seide management team is about average.

Cons

SKH's remuneration is higher than average for companies of similar size in India.

Pros

Cons

Pros

Himatsingka Seide's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
Himatsingka Seide used its assets more efficiently than the IN Luxury industry average last year based on Return on Assets.

Cons

Himatsingka Seide's 1-year earnings growth is negative, it can't be compared to the 5-year average.
Himatsingka Seide's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Himatsingka Seide has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
Himatsingka Seide's 1-year earnings growth is negative, it can't be compared to the IN Luxury industry average.

Pros

Himatsingka Seide's share price is below the future cash flow value, and at a moderate discount (> 20%).
Himatsingka Seide's share price is below the future cash flow value, and at a substantial discount (> 40%).
Himatsingka Seide is good value based on assets compared to the IN Luxury industry average.
Himatsingka Seide is good value based on earnings compared to the IN Luxury industry average.
Himatsingka Seide is good value based on earnings compared to the India market.
NSEI:HIMATSEIDE is up 26.8% outperforming the Luxury industry which returned 9.8% over the past month.
NSEI:HIMATSEIDE is up 26.8% outperforming the market in India which returned 8% over the past month.

Cons

HIMATSEIDE underperformed the Luxury industry which returned -22.1% over the past year.
HIMATSEIDE underperformed the Market in India which returned -14.5% over the past year.