Himatsingka Seide Limited.

Home textile company offering bedding, bath, drapery, and lifestyle products with well-known brands.

1985 | Bangaluru, Karnataka (India) | Active
Last Updated: October 24, 2024

Himatsingka Seide Profile

Key Indicators

  • Authorised Capital ₹ 75.00 Cr
  • Paid Up Capital ₹ 49.23 Cr
  • Company Age 40 Year, 28 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4,282.37 Cr
  • Satisfied Charges ₹ 2,584.65 Cr
  • Revenue Growth -26.01%
  • Profit Growth -119.57%
  • Ebitda -54.18%
  • Net Worth -2.50%
  • Total Assets -3.26%

About Himatsingka Seide

Himatsingka Seide Limited. (HSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 January 1985 and has a history of 40 years. Its registered office is in Bangaluru, Karnataka, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 514043 and on the National Stock Exchange(NSE) under HIMATSEIDE.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 75.00 Cr and a paid-up capital of Rs 49.23 Cr.

The company currently has active open charges totaling ₹4,282.37 Cr. The company has closed loans amounting to ₹2,584.65 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Himatsingka Seide Limited. India are M Sankaranarayanan as CFO and Doraiswamy Bindu as Company Secretary. Shrikant Himatsingka, Dinesh Himatsingka, Sandhya Vasudevan, and Five other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    himatsingka.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L17112KA1985PLC006647

  • Company No.

    006647

  • Stock Symbol

    BSE : 514043 NSE : HIMATSEIDE

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Jan 1985

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Bangalore

Industry

Manufacturing

What products or services does Himatsingka Seide Limited. offer?

Himatsingka Seide Limited. offers a wide range of products and services, including Raw and Processed Leather, Leather Sheet, Home Decor Fabric, Home Decor & Furnishing Fabrics, Cushions, Printed Fabrics, Stripe Fabric, Lining Textile, Lining Fabric, Synthetic Fabric.

Who are the key members and board of directors at Himatsingka Seide?

Executive Team (3)

NameDesignationAppointment DateStatus
Shrikant Himatsingka Country flag representing In Managing Director03-Jun-2003Current
M Sankaranarayanan Country flag representing In CFO17-Aug-2023Current
Doraiswamy Bindu Company Secretary14-Feb-2024Current

Board Members (7)

NameDesignationAppointment DateStatus
Harminder Sahni Country flag representing In Director 14-Nov-2022Current
Dinesh Himatsingka Country flag representing In Whole-Time Director 23-Jan-1985Current
Sandhya Vasudevan Country flag representing In Director 14-Nov-2022Current
Shyam Powar Country flag representing In Director 30-May-2023Current
Ravi Kumar Country flag representing In Director 16-Feb-2024Current
Manish Joshi Country flag representing In Nominee Director 08-Feb-2024Current

Financial Performance of Himatsingka Seide.

Himatsingka Seide Limited., for the financial year ended 2023, experienced significant reduction in revenue, with a 26.01% decrease. The company also saw a substantial fall in profitability, with a 119.57% decrease in profit. The company's net worth dipped by a decrease of 2.5%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-26.01%
Revenue from Operations
-28.20%
Total Assets
-3.26%
Profit or Loss
-119.57%
Net Worth
-2.50%
EBITDA
-54.18%

What is the Ownership and Shareholding Structure of Himatsingka Seide?

In 2022, Himatsingka Seide had a promoter holding of 47.57% and a public holding of 52.42%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4,282.37 Cr

Satisfied Charges

₹2,584.65 Cr

Charges Breakdown by Lending Institutions

  • Others : 2590.20 Cr
  • Canara Bank : 419.50 Cr
  • State Bank Of India : 408.63 Cr
  • Yes Bank Limited : 200.00 Cr
  • Hdfc Bank Limited : 200.00 Cr
  • Others : 464.04 Cr

Latest Charge Details

DateLenderAmountStatus
23 Sep 2024Others₹100.00 CrOpen
26 Jun 2024Others₹35.00 CrOpen
20 May 2024Others₹30.00 CrOpen
30 Nov 2023Others₹25.00 CrOpen
14 Sep 2023Others₹100.00 CrOpen

How Many Employees Work at Himatsingka Seide?

Himatsingka Seide has a workforce of 517 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Himatsingka Seide, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Himatsingka Seide's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Himatsingka Seide

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 100.00 Cr with Charge ID 100978129 was registered on 23 Sep 2024.

    23 Sep 2024

  • Charges

    A charge with Yes Bank Limited of Rs. 100.00 Cr registered on 02 Sep 2020 with Charge ID 100373100 was modified on 28 Aug 2024.

    28 Aug 2024

  • Charges

    A charge with Others amounted to Rs. 35.00 Cr with Charge ID 100941655 was registered on 26 Jun 2024.

    26 Jun 2024

  • Charges

    A charge registered on 10 Jan 2014 via Charge ID 10475146 with Others was fully satisfied on 29 May 2024.

    29 May 2024

  • Charges

    A charge with Others amounted to Rs. 30.00 Cr with Charge ID 100924131 was registered on 20 May 2024.

    20 May 2024

  • Charges

    A charge registered on 27 Dec 2016 via Charge ID 100072170 with Others was fully satisfied on 22 Apr 2024.

    22 Apr 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Himatsingka Seide Limited. was incorporated on 23 Jan 1985.

  • The authorized share capital of Himatsingka Seide Limited. is ₹ 75.00 Cr and paid-up capital is ₹ 49.23 Cr.

  • Currently 10 directors are associated with Himatsingka Seide Limited..

    • Shrikant Himatsingka
    • Dinesh Kumar Himatsingka
    • Sandhya Vasudevan
    • Harminder Sahni
    • Shyam Powar
    • Ravi Kumar
    • Manish Krishanrao Joshi
    • Selvam Shanmugasundaram
    • M Sankaranarayanan
    • Doraiswamy Bindu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Himatsingka Seide Limited. is No. 4/1-2, Crescent Road India, Bangalore North, Karnataka, 560001.

  • The corporate identification number (CIN) of Himatsingka Seide Limited. is L17112KA1985PLC006647 and the company number is 006647 as per Ministry of Corporate Affairs (MCA).

  • Yes, Himatsingka Seide Limited. is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): HIMATSEIDE.

  • The Official website of Himatsingka Seide Limited. is https://www.himatsingka.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Himatsingka Seide Limited. has fallen by -26.01%.

  • As Per 2023 financial reports, 517 employees are currently employed by Himatsingka Seide Limited..

  • The financial reports for the fiscal year 2023 indicates that The net worth of Himatsingka Seide Limited. has experienced an downturn of -2.50%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Himatsingka Seide Limited. amount to ₹ 4,282.37 Cr.

  • The most recent Balance Sheet for Himatsingka Seide Limited. was filed with the ROC on 31 Mar 2023.

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