Himatsingka Seide Ltd. — Earnings Release 2019

Feb 6, 2019

February 6, 2019

Himatsingka Seide Limited

10/24, Kumara Krupa Road, High Grounds, Bangalore - 560 001, India. Ref: SEC:0001:2: 1179:KGN

BSE Ltd Phiroze Jeejeebhoy Towers Dalal Street Mumbai - 400 001 Scrip Code: 514043

National Stock Exchange of India Ltd Exchange Plaza, 5[th ] Floor, Plot No. C/ 1 G Block, Bandra-Kurla Complex, Bandra (E) Mumbai - 400 051 Symbol: HIMATSEIDE

Dear Sirs,

Sub: Press Release.

We are enclosing herewith Press Release dated February 6, 2019.

This is for your information and record.

Thanking you,

Yours faithfully, For imatsingka _Seide Limited

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Shri ant Himatsingka Managing Director & CEO DIN:00122103

Encl: as above.

Phone: +91-80-4257 8000 Fax: +91-80-4147 9384 Email : hslblr@himatsingka.com Website : www.himatsingka.com CIN : L 17112KA 1985PLC006647

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Himatsingka

Bengaluru, February 06, 2019

Bl SINESS UPDATE FOR Q3 FYl9

• The integration of recently acquired brand licenses is progressing well. The revenue uptick is visible, however, the manufacturing integration is underway. As indicated earlier, we expect the integration exercise to continue through the end of FY 19.

• Revenue contribution from brands continued its upward trend in Q3 FYI 9. During the quarter, revenue from brands stood at t571 Crores. For the nine months ended December 3 I, 2018, the reveneue contribution from brands stood at tl ,648 Crores.

• In line with our strategy to enhance brand led revenue streams, we have assumed global rights for the Calvin Klein Home Brand.

• Himatsingka continues to be a leader in the Cotton Track & Trace space with its exclusive DNA tagging technology along with its branded Cotton platforms - PimaCott, HomeGrown Cotton and OrganiCott.

• As communicated earlier, the construction of the Greenfield Terry Towel facility is progressing as per schedule and the plant is expected to come on stream during HI FY20. The facility will have an installed capacity of25,000 Tonnes per Annum (TPA).

• Completed the capacity debottlenecking initiative at the Sheeting plant. The Sheeting capacity now stands enhanced at 61 MMPA (Million Meters Per Annum) vs a capacity of46 MMPA, earlier.

• The utilization levels at our Sheeting facility remained stable during the quarter. While we expect utilization levels to go up during Q4 FYI 9, we also expect the enhanced utilization levels to be offset by a reduction in realizations on account of product mix.

About Himatsingka Group

The Himatsingka Group is a vertically integrated textile major with a global f tprint. The Group focuses on the manufacture, retail and distribution of Home Textile products. On the manufacturing front, the Group operates amongst the largest capacities in the world for producing Bedding products, Bath products, Drapery & Upholstery fabrics and Fine count Cotton Yam. Spread across North America, Europe and Asia, the Group's retail and wholesale distribution divisions own and or license among the largest brand portfolios in the home textile space. With a team of over 8,000 people, the Group continues to build capacities and enhance reach in the global textile space.

For more information please contact:

Sachin Garg I Associate Vice President- Finance (Treasury & Investor Relations)

Himatsingka Seide Ltd.

T: + 91 80 2237 8000

E : investors@himatsingka.com

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