Himatsingka Seide reports a decline in FY26 revenue and profit
The company confirmed a 9.5% drop in consolidated revenue to ₹2,515 crore for the fiscal year ending March 31, 2026.
— 2 earlier stories on Himatsingka Seide Ltd. →What's new
- Consolidated revenue fell 9.5% to ₹2,515 crore for FY26.
- Net profit dropped 18.5% to ₹62 crore.
- The board declared a dividend of ₹0.25 per share.
Why this matters
The results confirm a difficult year for the company. Because these figures were anticipated by the market, the filing is a record of performance rather than a surprise.
What we're watching
- Any signs of recovery in the next quarterly results.
- Management commentary on the impact of asset reclassifications.
- Future dividend policy given the profit contraction.
The full read
Himatsingka Seide closed the fiscal year ending March 31, 2026, with a 9.5% decline in consolidated revenue to ₹2,515 crore. Net profit fell 18.5% to ₹62 crore.
It was a difficult year.
The audited results include a ₹20.6 crore non-cash depreciation charge linked to asset reclassification, while the board declared a dividend of ₹0.25 per share. Because the company had previously provided context regarding its performance, these figures were fully anticipated by the market, meaning the filing serves only to document the financial reality of a challenging period rather than introducing any new information to the public record.
Questions answered
- What were the key financial results for Himatsingka Seide in FY26?
- The company reported consolidated revenue of ₹2,515 crore, a 9.5% decline, and a net profit of ₹62 crore, which is an 18.5% drop.
- Were there any unusual charges in the financial statements?
- Yes, the company recorded a non-cash depreciation charge of ₹20.6 crore resulting from an asset reclassification.
- Did the company declare a dividend?
- Yes, the board declared a dividend of ₹0.25 per share.
- How did these results compare to market expectations?
- The figures were anticipated by the market following previous company disclosures.
Story so far
All notes on HIMATSEIDE →- 27 May 2026 · 6:43 PM IST Himatsingka Seide reports a decline in FY26 revenue and profit
- today Himatsingka Seide plans ₹850 crore debt raise
- today Himatsingka Seide profit drops 18.5% as finance costs weigh