Himatsingka Seide Ltd. — Earnings Release 2026

May 29, 2026

Himatsingka

REF: HSL/SEC/2026/32

May 29, 2026

| To
The Deputy Manager
Department of Corporate Services
BSE Limited.
PJ Towers, Dalal Street
Mumbai -400001
Scrip Code: 514043 | To
The Manager
National Stock Exchange of India Limited
Exchange Plaza, Plot No. C/1, G Block
Bandra-Kurla Complex, Bandra (E),
Mumbai 400051
Symbol: HIMATSEIDE |
| --- | --- |

Dear Sir/ Madam,

Sub: Press Release – May 29, 2026

Ref: Disclosure pursuant to PART-A of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

The Press Release dated May 29, 2026 is enclosed herewith.

Please take the same on record.

Thanking you,

Yours faithfully,

For Himatsingka Seide Limited

DORAISWAMY
BINDU

Digitally signed by DORAISWAMY
BINDU
Date: 2026.05.29 13:15:18 +05'30'

Bindu D.
Company Secretary & Compliance Officer

Himatsingka Seide Limited
Registered Office:
No.4/1-2, Crescent Road,
Bangalore – 560001, India
T +918022378000
E hslblr@himatsingka.com
CIN L17112KA1985PLC006647
www.himatsingka.com

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Himatsingka

PRESS RELEASE

Bengaluru, May 29, 2026

Bengaluru, May 29, 2026 - Himatsingka Seide Limited. announced its financial results for the quarter and financial year ended March 31, 2026, on May 27, 2026.

FY26 Total Income Stood at ₹2,727.24 Crores

Q4FY26 Total Income Stood at ₹721.68 crore

FY26 EBITDA Stood at ₹576.67 crore

Q4FY26 EBITDA Stood at ₹154.17 crore

CONSOLIDATED FINANCIAL SUMMARY – Q4 FY26 & FY26

(Figures in ₹ crore)

Particulars	Q4 FY26	Q4 FY25	Y-o-Y % Change	Q3 FY26	Q-o-Q % Change	FY26	FY25	% Change
Revenue From Operations	617.22	656.91	-6.0%	611.37	0.96%	2,515.09	2,778.20	-9.5%
Other Income	104.47	25.08	316.6%	25.89	303.46%	212.15	65.07	226.0%
Total Income	721.68	681.99	5.8%	637.26	13.25%	2,727.24	2,843.27	-4.1%
EBITDA	154.17	142.86	7.9%	120.97	27.45%	576.67	579.22	-0.4%
EBITDA Margin (%)	21.4%	20.9%	42 bps	19.0%	238 bps	21.1%	20.4%	77 bps
EBIT	100.25	105.28	-4.8%	86.34	16.11%	412.46	427.80	-3.6%
EBIT Margin (%)	13.9%	15.4%	-155 bps	13.5%	34 bps	15.1%	15.0%	8 bps
PBT (before exceptional items)	32.34	30.17	7.2%	11.20	188.73%	121.88	112.10	8.7%
PBT Margin (%)	4.5%	4.4%	6 bps	1.8%	272 bps	4.5%	3.9%	53 bps
PAT	1.73	12.07	-85.7%	7.62	-77.36%	62.24	76.28	-18.4%
PAT Margin (%)	0.2%	1.8%	-153 bps	1.2%	-96 bps	2.3%	2.7%	-40 bps

CONSOLIDATED FINANCIAL HIGHLIGHTS FOR THE YEAR ENDED MARCH 31, 2026

• Consolidated Total Income for FY26 stood at ₹2,727.24 Crores vs ₹2,843.27 Crores in FY25
• Consolidated EBITDA for FY26 stood at ₹576.67 Crores vs ₹579.22 Crores in FY25. The EBITDA Margin for FY26 stood at 21.1% vs 20.4% during FY25.
• Consolidated EBIT for FY26 stood at ₹412.46 Crores vs ₹427.80 Crores in FY25.
• Consolidated PBT for FY26 stood at ₹121.88 Crores vs ₹112.10 Crores in FY25 (before exceptional items).
• Consolidated PAT for FY26 stood at ₹62.24 Crores vs ₹76.28 Crores in FY25.

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Himatsingka
PRESS RELEASE
Bengaluru, May 29, 2026

CONSOLIDATED FINANCIAL HIGHLIGHTS FOR THE QUARTER ENDED MARCH 31, 2026

• Consolidated Total Income for Q4 FY26 stood at ₹721.68 crore vs ₹681.99 crore in Q4 FY25.
• Consolidated EBITDA for Q4 FY26 stood at ₹154.17 crore vs ₹142.86 crore in Q4 FY25. The EBITDA Margin for Q4 FY26 stood at 21.4% vs 20.9% during Q4 FY25.
• Consolidated EBIT for Q4 FY26 stood at ₹100.25 crore vs ₹105.28 crore in Q4 FY25.
• Consolidated PBT for Q4 FY26 stood at ₹32.34 crore vs ₹30.17 crore in Q4 FY25 (before exceptional items).
• Consolidated PAT for Q4 FY26 stood at ₹1.73 crore vs ₹12.07 crore in Q4 FY25

BUSINESS UPDATE

• Despite continued pressure arising from evolving U.S. tariff policies and heightened geopolitical uncertainties, the Company delivered a range bound performance during the quarter. The Consolidated Total Income for Q4 FY26 stood at ₹721.68 Crores as against ₹681.99 Crores in Q4 FY25, registering a year-on-year growth of 5.8%.
• In Q4 FY'26, Other Income amounting ₹104.47 crore, primarily driven by net foreign exchange gains of ₹95.69 crore. This was due to the depreciation of the Indian Rupee against the U.S. Dollar during the quarter.
• During Q4 FY'26, capacity utilisation levels at our manufacturing facilities were mildly impacted on account of tariff overhang and geopolitical tensions in the middle east. As a result, we witnessed a delay in outbound shipments to certain jurisdiction. We expect the middle east overhang continue to impact the shipment to certain jurisdiction during Q1 FY 27. During Q4 FY'26, capacity utilisation levels at our manufacturing facilities stood as follows:

Divisions	Q4 FY26
Spinning Division	99%
Sheeting Division	56%
Terry Towel Division	63%

• Over the past year, evolving U.S. tariff policies and geopolitical uncertainties have continued to impact growth across key markets. Despite these external headwinds, we remain cautiously optimistic to effectively navigate the evolving environment and deliver sustainable long-term performance as we transition into our new model with a more diversified Revenue mix and category mix.
• In addition to our focus on enhancing capacity utilisation from our existing product lines, we have added new product verticals by leveraging our existing infrastructure. This will accelerate utilisation levels, diversify revenue streams and tap opportunities in the wake of new global regulatory frameworks.
• The progress on the India–EU, India–UK and other FTAs along with the normalisation of US Tariff structures is expected to enhance India’s standing as a preferred textile destination for sourcing for various Textile and Apparel

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Himatsingka

PRESS RELEASE

Bengaluru, May 29, 2026

products and should be an impetus to consolidate and strengthen the market share in these regions in the medium term.

• The Indian market continues to be a high priority market for us and we currently serve the market with 3 brands (i.e.,) Himeya, LIV, and Atmosphere in addition to Private Label market requirements. These brands are strategically positioned to serve consumers across diverse price points, ensuring comprehensive market coverage. Our India business continues to demonstrate consistent year-on-year growth in revenue streams, reinforcing the strength of our domestic presence and brand portfolio.

• Continue to expand presence and reach in the multi brand outlets (MBOs) channel

• Continue to expand presence and reach in the Large Format Stores
• Enhanced penetration in E-Commerce and Quick Commerce Channels

• Broad-based presence across Private Label Clients.

• The Board of Directors at their meeting held on 27th May 2026 approved raising of up to INR 850 Crores through issuance of Senior, Secured, Redeemable Non-Convertible Debentures on a private placement basis. These funds will be primarily used for refinancing our debt obligations and will therefore be largely net debt neutral.

• The Board of Directors has recommended a final dividend of ₹0.25 per equity share for FY26.

• Commenting on the Company’s performance, Mr. Shrikant Himatsingka, Executive Vice Chairman and Managing Director said:

“Despite a challenging economic environment, our operating performance remained range bound for FY26. During the year, evolving U.S. tariff policies and geopolitical uncertainties impacted demand conditions across certain key markets and moderated overall growth momentum. Notwithstanding these external headwinds, we remain confident in our ability to navigate dynamic market conditions effectively, as we align and leverage our manufacturing infrastructure to deliver on existing and new product verticals.”

About Himatsingka

Himatsingka is an integrated textile group with a global footprint. The group designs, develops, manufactures and distributes a suite of textile products. On the manufacturing front, it operates amongst the largest capacities globally for producing Bedding, Bath, Drapery & Upholstery and Yarn products. Spread across North America, Europe and Asia, the Group operates amongst the largest brand and private label portfolios in the home textile space. With a team of over 10,000 associates, Himatsingka continues to build capacities and enhance its reach across global markets.

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Himatsingka

PRESS RELEASE

Bengaluru, May 29, 2026

QUARTER AND YEAR ENDED MARCH 31, 2026 EARNINGS CALL INVITE

Himatsingka Seide Limited would like to invite you for the quarter and year ended March 31, 2026 earnings call on Friday, 29th May 2026 at 16:00 Hrs IST.

THE MANAGEMENT TEAM WILL BE REPRESENTED BY:

• Mr. Shrikant Himatsingka, Executive Vice Chairman and Managing Director,
• Mr. M Sankaranarayanan, President Finance and Group CFO
• Mr. Bankesh Dhingra, Senior Vice President & CFO – Operations
• Mr. Bimal Agarwal, Vice President – Corporate Finance and
• Mr. Harikrishnan Balasubramanian, Associate Vice President - Finance (Banking & Compliance)

The teleconference will be moderated by Elara Securities (India) Private Limited.

CONFERENCE CALL DETAILS

Date: Friday, 29th May 2026

Time: 16:00 Hrs IST

DIAL-IN NUMBERS

Primary Access:	+91 22 6280 1146 / +91 22 7115 8047
International Toll Free:	USA: 1 866 746 2133
	UK: 0 808 101 1573
	Singapore: 800 101 2045
	Hong Kong: 800 964 448
	Australia: 0080014243444

DIAMOND PASS LINK:

Click here for Registration

For further information, please contact:

M Sankaranarayanan

President Finance and Group CFO

Himatsingka Seide Limited

Tel : +91 80 4257 8000

Email : sankara.narayanan@himatsingka.com