Analysts/Institutional Investor Meet/Con. Call Updates

REF: HSL/SEC/2026/57 August 17, 2026 To To The Deputy Manager The Manager Department of Corporate Services National Stock Exchange of India Limited BSE Limited Exchange Plaza, Plot No. C/1, G Block P.J. Towers, Dalal Street Bandra-Kurla Complex, Bandra (E) Mumbai 400001 Mumbai 400051 Scrip Code: 514043 Symbol: HIMATSEIDE Dear Sir/ Madam, Sub: Transcript of Earnings Call for Analysts and Investors. Ref: Disclosure under Part A of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Pursuant to Part A of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith a copy of the transcript of the Earnings Call for Analysts and Investors held on Thursday, August 13, 2026. Please note that the transcript of the aforesaid earnings conference call shall be made available on the website of the Company. Kindly take the same on record. Thanking you, Yours Sincerely, For Himatsingka Seide Limited Bindu D. Company Secretary & Compliance Officer Himatsingka Seide Limited Registered Office: No.4/1-2, Crescent Road, Bangalore – 560001, India T +918022378000 E hslblr@himatsingka.com CIN L17112KA1985PLC006647 www.himatsingka.com “Himatsingka Seide Limited Q1 FY27 Earnings Conference Call” August 13, 2026 MANAGEMENT: MR. SHRIKANT HIMATSINGKA – EXECUTIVE VICE CHAIRMAN AND MANAGING DIRECTOR – HIMATSINGKA SEIDE LIMITED MR. SANKARANARAYANAN M – PRESIDENT FINANCE AND GROUP CHIEF FINANCIAL OFFICER – HIMATSINGKA SEIDE LIMITED MR. BANKESH DHINGRA – SENIOR VICE PRESIDENT AND CHIEF FINANCIAL OFFICER – OPERATIONS – HIMATSINGKA SEIDE LIMITED MR. BIMAL AGARWAL – VICE PRESIDENT, CORPORATE FINANCE – HIMATSINGKA SEIDE LIMITED MR. HARIKRISHNAN BALASUBRAMANIAN – ASSOCIATE VICE PRESIDENT, FINANCE – BANKING AND COMPLIANCE – HIMATSINGKA SEIDE LIMITED MODERATOR: MS. PRERNA JHUNJHUNWALA – ELARA SECURITIES INDIA PRIVATE LIMITED Page 1 of 8 Himatsingka Seide Limited August 13, 2026 Moderator: Ladies and gentlemen, good day, and welcome to Himatsingka Seide Limited Q1 FY27 Results and Business Update. As a reminder, all participant lines will be in listen only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during this conference call, please signal an operator by pressing star then zero on your touchtone phone. Please note that this conference is being recorded. I now hand the conference over to Ms. Prerna Jhunjhunwala. Thank you, and over to you, ma'am. Prerna Jhunjhunwala: Thank you, Atharva. Good afternoon, everyone. On behalf of Elara Securities India Private Limited, I would like to welcome you all for Q1 FY27 Post Results Conference Call of Himatsingka Seide Limited. Today, we have with us the senior management of the company, including Mr. Shrikant Himatsingka, Executive Vice Chairman and Managing Director; Mr. Sankaranarayanan M., President, Finance and Group CFO; Mr. Bankesh Dhingra, Senior Vice President and CFO, Operations; Mr. Bimal Agarwal, Vice President, Corporate Finance; and Mr. Harikrishnan Balasubramanian, Associate Vice President, Finance, Banking and Compliance. . I would now like to hand over the call to Mr. Shrikant Himatsingka for opening remarks. Thank you, and over to you, sir. Shrikant Himatsingka: Thank you, everybody, for taking the time to join us this afternoon. As always, I'll first go through a business update and shed some light on developments at our end, and then I'll be happy to take questions from you all. So the consolidated total income for Q1 FY27 stood at INR634 crores versus INR661 crores, which was a range-bound number, also took some hits on this account from the ongoing issues that we were facing on the geopolitical front in the Middle East. So we had some deferrals of shipments and things of that nature. And it also reflects some movement on capacity utilization in some of our divisions, which I'll come to in a bit. The consolidated EBITDA came in at INR101 crores. The EBITDA margin came in at about 16%, again, primarily driven by slightly lower revenues, some tweaks in product mix and some inflationary headwinds on the raw material front. The capacity utilizations at our facilities stood at 99%. Our Sheeting division came in at 52% and our Terry division stood at 63% as was the case during the last quarter. The company continues to drive focus on transitioning its business model. So actually, this call today is really not about our quarterly numbers as much as it is about sharing some thoughts on the transition that we are undertaking vis-a-vis our model and our businesses. So as I shared with the stakeholders on our previous call that in addition to focusing on enhancing capacity utilizations for our existing product lines, we've also added new product verticals by leveraging our current infrastructure. We believe this will accelerate utilization levels and diversify revenue streams, tap new opportunities in the wake of new global regulatory frameworks and geopolitical realities. So in a sense, we are going to be adding 3 new product verticals to our portfolio and in addition to Page 2 of 8 Himatsingka Seide Limited August 13, 2026 Home Textile Solutions. And the 3 product verticals will be Yarn Solutions, Fabric Solutions and Apparel Solutions. So our efforts are essentially geared to transforming the Himatsingka model and steering away from U.S. concentration, steering away from client concentration, as we've seen in the Home Textile space, that seems to be a cornerstone of the home textile, let's say, world. So some of our new verticals, we would like to stay clear from those kinds of issues. And we would like to broaden the number of jurisdictions we serve. We would like to broaden our India presence. We would like to broaden the categories that we operate because this is what we believe will drive derisking of our revenue streams and unleash growth potential for us because the markets overall in terms of Yarn Solutions or Fabric Solutions or Apparel Solutions are substantially larger markets for us to be a part of vis-a-vis Home Textiles. So it's a much, much larger universe. It's a universe, which is probably 20x the size of Home Textiles, if not larger. And we, therefore, will find growth opportunities for us to be able to tap into as we go along. So in this regard, the group has already started its Yarn Solutions business, which is being ramped up as we speak and will be ramping up through the rest of this year, which essentially means that while we do service some of our internal requirements, our Yarn Solutions assets, which is our spinning assets will be focused on driving independent -- it will be an independent business vertical driving volumes by sale of various kinds of yarns. Do keep in mind that it's the world's largest plant under one roof where we have a capacity of 211,584 spindles. So the Yarn Solutions business will chart its own journey, which has largely been only captive all these years, but we believe it's a large market. We believe we have the right technology platform, we have capacities which are of global scale, and we think that it's an interesting space for us to tap into. We will also make progress on the Fabric Solutions business as we go through the fiscal. And we will essentially be tapping into our existing capacities to unlock growth potential in the Fabric Solutions space. The products will have applications in lifestyle fabrics, and later, we'll also be tapping into technical and advanced Fabric Solutions using our current infrastructure. It's a very large space. And we think that we would like to be an important player in that area. The combined capacities of our Sheeting and our knitting fabrics processing capacity is approximately, by the end of the year should stand at about 90 million meters, and we will be channeling a substantial part of these capacities to service our Fabric Solutions business as well. So that's on Fabric Soluti [Showing first 8,000 characters — download PDF for full document]