Himatsingka Seide Reports Mixed Financial Results Amidst Declining Profitability in June 2025

Himatsingka Seide, a small-cap player in the Garments & Apparels industry, has recently reported its financial results for the quarter ending June 2025. The results indicate a notable shift in the company's evaluation, with a revision in its score reflecting the challenges faced during this period.
The financial data reveals that the company has successfully managed its debt, achieving a Debt-Equity Ratio of 1.26 times, which is the lowest recorded in the last five half-year periods. This trend suggests a strategic reduction in borrowing relative to equity capital.

However, the results also highlight significant areas of concern. The Profit Before Tax (PBT) has shown a substantial decline, with a year-on-year decrease of 61.81%, while Profit After Tax (PAT) has also fallen by 47%. Additionally, net sales have decreased by 10.68% year-on-year, indicating a challenging sales environment. The Debtors Turnover Ratio has reached its lowest point at 2.56 times, suggesting a slowdown in the company's ability to settle its receivables. Furthermore, Earnings per Share (EPS) have dropped to Rs 0.87, reflecting declining profitability.

Overall, the financial results for Himatsingka Seide indicate a complex landscape, with both positive and negative trends influencing its evaluation.

Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.