Himatsingka Seide Q2 FY27 Consolidated Net Profit Drops 66% YoY

Summary of Key Information:

Reporting Period (Quarter/Year): Quarter and Half Year ended September 30, 2026 (Q2 FY27)

Nature of Filing / Announcement: Outcome of Board Meeting under SEBI LODR Regulations 30, 33, 51, and 52

Date of Board Meeting / Approval: November 14, 2026

Audit Opinion: Unmodified (Clean) for both standalone and consolidated results.

Auditor’s Comment: The review report expressed an unmodified conclusion. The statement includes financials of one subsidiary (Himatsingka America Inc.) and one associate (AMPIN Energy C&I Twenty Four Private Limited) not reviewed by their respective auditors, but these were deemed not material to the Group.

Key Financial Highlights [₹ Lacs]

Consolidated Results:

| Revenue from Operations | 62,452.43 | 62,957.30 | -0.8% | 1,24,582.70 | 1,28,650.85 | -3.2% |

| Total Income | 66,883.09 | 70,727.59 | -5.4% | 1,30,315.20 | 1,36,829.61 | -4.8% |

| EBITDA | 3,058.92 | 10,132.44 | -69.8% | 6,808.99 | 15,399.43* | -55.8% |

| Net Profit | 1,420.20 | 4,199.65 | -66.2% | 1,918.93 | 5,289.33 | -63.7% |

| EPS (Basic) (₹) | 1.13 | 3.34 | -66.2% | 1.53 | 4.21 | -63.7% |

| Other Equity | 2,12,661.62 (as of 30.09.2026) | N/A | N/A | N/A | N/A | N/A |

| Cash and Cash Equivalents | 2,436.58 (as of 30.09.2026) | N/A | N/A | N/A | N/A | N/A |

| Total Debt (Borrowings + Lease Liabilities) | 2,74,111.13 (as of 30.09.2026) | N/A | N/A | N/A | N/A | N/A |

*EBITDA calculated as Profit before tax + Finance costs + Depreciation & amortization.

Standalone Results:

| Revenue from Operations | 47,614.31 | 47,924.24 | -0.6% | 93,626.16 | 98,308.36 | -4.8% |

| Total Income | 52,041.18 | 54,767.55 | -5.0% | 99,544.38 | 1,05,517.13 | -5.7% |

| Net Profit | 3,042.11 | 3,980.15 | -23.6% | 3,560.19 | 4,555.59 | -21.8% |

| EPS (Basic) (₹) | 2.42 | 3.17 | -23.7% | 2.83 | 3.62 | -21.8% |

| Other Equity | 2,32,603.54 (as of 30.09.2026) | N/A | N/A | N/A | N/A | N/A |

| Cash and Cash Equivalents | 2,364.38 (as of 30.09.2026) | N/A | N/A | N/A | N/A | N/A |

| Total Debt (Borrowings + Lease Liabilities) | 2,74,111.13 (as of 30.09.2026) | N/A | N/A | N/A | N/A | N/A |

Segment-wise Performance:

The Group operates in a single operating segment, viz. Textiles, as per Ind AS 108.

Corporate Actions:

Dividend: Not Specified

Capital Raising: The Company issued 34,000 Senior, Unsecured, Rated, Listed, Redeemable, Taxable, Non-Convertible Debentures (NCDs) at an issue price of ₹10,000 each, aggregating to ₹3,400 lacs (₹34 Crore), on a private placement basis. The NCDs are listed on BSE Limited.

Other Significant Information:

Capex: Net cash used in acquisition of Property, Plant and Equipment and Intangible assets was ₹223.837 Lacs (Consolidated) and ₹223.775 Lacs (Standalone) for H1 FY27.

Debt Position: The consolidated debt-equity ratio was 1.26 as of September 30, 2026.

Receivables: The bad debts to account receivable ratio increased to 0.13 for Q2 FY27 from 0.02 in Q2 FY26 (Consolidated).