Interest and depreciation left Himatsingka Seide with Rs 4.99 cr profit
Other income exceeded pre-tax profit, highlighting weak conversion from operating profit to reported earnings.
Filed 12 Aug 2026, 16:32 IST · after market close · HIMATSEIDE (HIMATSEIDE)
Key takeaways
- Consolidated Q1FY27 operating profit of Rs 88.32 cr was reduced by interest of Rs 63.83 cr and depreciation of Rs 29.35 cr, leaving profit before tax at Rs 8.28 cr.
- Other income of Rs 13.15 cr exceeded profit before tax, while a 39.76% tax rate left net profit at Rs 4.99 cr.
- Revenue of Rs 621.3 cr translated into a 14.21% operating margin and EPS of Rs 0.40; the results were filed after market close.
Operating profit did not carry through to earnings
Himatsingka Seide reported consolidated revenue of Rs 621.3 cr and operating profit of Rs 88.32 cr in Q1FY27. Interest of Rs 63.83 cr and depreciation of Rs 29.35 cr together more than absorbed operating profit, leaving profit before tax at Rs 8.28 cr. Net profit was Rs 4.99 cr, with EPS at Rs 0.40.
Other income was larger than pre-tax profit
Other income of Rs 13.15 cr was higher than the reported profit before tax of Rs 8.28 cr, so the quarter's earnings were not driven solely by operating performance. Tax of Rs 3.29 cr, equivalent to a 39.76% tax rate, further reduced the amount reaching net profit.
Results filed after market close
The company filed these consolidated results at 16:32 IST on 12 August 2026, after market close. There is no reported market reaction to assess yet.
Q1FY27 at a glance
Consolidated figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹621 cr |
| Other income | ₹13 cr |
| Expenses | ₹533 cr |
| Operating profit | ₹88 cr |
| Operating margin (%) | 14.21% |
| Interest | ₹64 cr |
| Depreciation | ₹29 cr |
| Profit before tax | ₹8 cr |
| Tax | ₹3 cr |
| Net profit | ₹5 cr |
| EPS (₹) | ₹0.40 |
What to watch
- Whether operating margin remains near 14.21%.
- Whether interest stays below the Rs 63.83 cr reported in Q1FY27.
- Whether profit before tax continues to exceed other income of Rs 13.15 cr.