Himatsingka Seide reports mixed FY2025 results, net worth up

Himatsingka Seide Limited (HSL) has released its 40th Annual Report for the fiscal year ended March 31, 2025, detailing a marginal revenue decline but strengthened financial position. Consolidated total revenues decreased by 0.67% to ₹2,843.27 crores in FY2025 from ₹2,862.58 crores in FY2024. Consolidated EBITDA also saw a decrease of 6.20%, falling to ₹57,922 Lacs from ₹61,733 Lacs.

Despite the revenue dip, HSL successfully concluded a Qualified Institutional Placement (QIP) of ₹400 crores, which boosted its consolidated net worth to ₹2,032.73 crores in FY2025, up from ₹1,558.95 crores in FY2024. The company also reduced its consolidated net debt by approximately ₹250 crores, now standing at ₹2,405 crores. Key strategic focus areas for FY2025 included streamlining working capital, expanding domestic market focus, driving product innovation, and increasing capacity utilization across manufacturing facilities.

For FY2025, the board of directors recommended a final dividend of ₹0.25 per equity share. The company maintained its leadership in cotton traceability solutions and expanded home textile offerings. HSL continues to enhance its global presence and product portfolio, while proactively aligning with ESG principles and investing in green energy transition goals, including aiming for carbon neutrality by 2035.