HIMATSEIDEHIMATSEIDE Forensic Risk Analysis

Other Textile Products
Risk ClassModerate Deterioration
Market CapN/A
Primary DriverBalance Sheet Stress
Flagium AI Risk Score
Moderate stress emerging. While not critical, underlying pressure is building.
40 / 100
+5 QoQ
Deteriorating
Sentinel Insight

Some early signs of pressure are visible. Weakness is detected in balance sheet stress. This suggests a building risk profile. Risk is increasing at a faster pace.

95.1th %ile (Sector)Accel: +5 Qtrs
Updated2026-06-02
Market View
₹77.37▲0.97%
PeriodQ4 FY26

Score Waterfall
Absolute contribution points of each forensic pillar to the final risk score. Derived from: Sector Baseline + Active Penalties - Mitigation Buffers.

Balance Sheet Stress
+20.0 pts
Competitive Position
+15.0 pts
Earnings Quality
+11.4 pts
Growth Sustainability
+10.0 pts
Stability Adjustment
-16.0 pts
Final Composite Risk40 / 100

Investment Risk Thesis

Historical Trend

Current risk score has risen from 10 → 40 over 13 quarters.

Expected Direction
🚨 Escalate
Primary Deterioration Drivers
  • Inventory Stress
  • Relative Growth Weakness
  • Industrial Margin Stress
What to Watch Next Quarter
  • Operating profit margins
  • Inventory turnover
  • Working capital efficiency

Active Risk Objects (8)

CriticalHigh
Relative Growth Weakness
📊 Earnings QualityAnnualActive for 4 Years
More Detail
Impact Weight12/15
MomentumPersistent
Last SignalQ4 FY2026
Revenue growth consistently lags behind sector median (13.1%).

"Earnings quality is under severe pressure. High accruals suggest potential revenue overstatement."

Low Interest Coverage
💧 Liquidity & CoverageQuarterlyActive for 12 Qtrs
More Detail
Impact Weight8/15
MomentumPersistent
Last SignalQ4 FY2026
HIMATSEIDE: Low Interest Coverage Ratio of 1.48x in FY2026 Q4 (Threshold: 2.5x).

"Interest coverage is dangerously low. Even a minor fall in profit could trigger a default."

Industrial Margin Stress
📊 Earnings QualityAnnualActive for 3 Years
More Detail
Impact Weight12/15
MomentumPersistent
Last SignalQ3 FY2026
HIMATSEIDE: EBITDA margin compressed by 2.7 bps YoY and Raw material costs consumed an additional 8.8% of revenue YoY.

"Margins are in freefall. Operating costs are growing significantly faster than revenue."

Profit Collapse
📊 Earnings QualityQuarterlyActive for 2 Qtrs
More Detail
Impact Weight8/15
MomentumAccelerating
Last SignalQ4 FY2026
HIMATSEIDE: Net Profit collapsed by 88.2% from FY2025 Q4 to FY2026 Q4.

"Earnings quality is under severe pressure. High accruals suggest potential revenue overstatement."

Inventory Stress
📊 Earnings QualityAnnualActive for 4 Years
More Detail
Impact Weight15/15
MomentumPersistent
Last SignalQ4 FY2026
Inventory growth (21.5%) significantly outpaced revenue growth (5.8%).

"Stock is piling up in the warehouse. Inventory turnover is slowing down dangerously."

Working Capital Expansion
💧 Liquidity & CoverageAnnualActive for 5 Years
More Detail
Impact Weight10/15
MomentumPersistent
Last SignalQ4 FY2026
Working capital expansion detected: Receivable days increased by 3.6%.

"Early signs of working capital expansion. Receivable or inventory days are creeping up."

Operating Leverage Stress
📊 Earnings QualityAnnualActive for 3 Years
More Detail
Impact Weight10/15
MomentumPersistent
Last SignalQ4 FY2026
Expenses are consistently growing faster than revenues, creating operational pressure.

"Debt levels are creeping up. Monitor for signs of excessive borrowing for non-core activities."

Revenue-Debt Divergence
🏛️ Solvency & LeverageAnnualActive for 1 Years
More Detail
Impact Weight6/15
MomentumAccelerating
Last SignalFY2026
HIMATSEIDE: Revenue fell 4.1% while Debt rose 3.2% in 2026 vs 2025.

"Debt levels are creeping up. Monitor for signs of excessive borrowing for non-core activities."

Risk Trajectory
Historical 12-quarter risk trend (Q-11 to Q0) followed by a 2-quarter predictive funnel (Q+1, Q+2).
Loading Chart
Resilience Matrix
Diagnostic benchmarking comparing structural sensitivity and risk buffers against sector medians.
MetricValuevs SectorSignal
Volatility (σ)4.678.38✅ RESILIENT
Sensitivity (ε_s)11.00✅ RESILIENT
Escalation Prob.5%5%✅ NEUTRAL
Safety Buffer+26.0+42.0📈 CRITICAL
Forensic Benchmark Context: Other Textile Products (n=42 peers)

Correlation Analysis
Visualizing the relationship between stock price movement and structural risk objects.

Loading Chart
Share Price
Risk Score (0-100)
Market Performance
₹77.37(+0.97%)
1M Divergence-15.13%
1 Week-3.48%
1 Month-12.86%
6 Months-34.21%
1 Year-47.57%
2 Year-38.84%
3 Year-23.89%
Sector Average (1M)+2.27%
Sentinel Forensic Assessment
ALGORITHMIC RISK PROFILE • NON-ADVISORY

The risk profile is Moderate Stress and currently deteriorating. Recent structural triggers in balance sheet stress suggest a building pressure on the underlying framework. Material forensic traces are visible in core structural metrics, indicating a progressive erosion of structural stability. Strategic vigilance is advised as structural decay is accelerating.

HIMATSEIDE • MARKET STRUCTURE

Stage 4 — Declining

The company is in a defensive phase. Sentiment and fundamentals are deteriorating under persistent downward pressure, indicating elevated risk levels.

Stage Transition Prob.0%
Trend QualityDeteriorating
Phase Progression
Phase Progression Score0%
Readiness LabelLow (Early Base Consolidation)
Probability of Advancing0%
CoinTree Momentum
Composite Z-Score-1.0367σ
Significant momentum lag
Universe Rank
A cross-sectional rank of this stock's composite momentum score compared to all other tracked equities in the universe. A rank of #1 of 1035 means it has the strongest overall price momentum in the market.
#2554 of 2716
Top 94.04% in momentum strength
Timeframe Sparklines
1W-3.5%
1M-12.9%
6M-34.2%
Weinstein Indicators
150 DMA₹101.8
200 DMA₹107
150 DMA Slope-4.8081%Declining
Relative Strength-28.73%Lagging
Relative Turnover (RTR)1.3275
ParticipationHealthy

PEER COMPARISON

Ranked comparison against sector peers

This company shows higher risk compared to the Sector Mean (24).
ABCOTSA B Cotspin India Limited
25 Risk
Sector %ile51th
Delta-5
Active Flags10
Accel+0
Balance Sheet Stress

Watch

ALOKINDSAlok Industries Limited
35 Risk
Sector %ile83th
Delta+8
Active Flags23
Accel+1
Competitive Position

Watch

HIMATSEIDEHIMATSEIDE
40 Risk
Sector %ile95th
Delta+5
Active Flags8
Accel+5
Balance Sheet Stress

Moderate Deterioration

* Peer comparison is based on risk signals, not valuation or returns.

Risk Profiles

Solvency
10100th %ile
VS Sector Median (8.5)
Governance
10100th %ile
VS Sector Median (8.5)
Earnings Quality
2.424th %ile
VS Sector Median (8.5)
Balance Sheet Stress
00th %ile
VS Sector Median (8.5)
Competitive Position
00th %ile
VS Sector Median (8.5)
Growth Sustainability
00th %ile
VS Sector Median (8.5)

Deterioration Timeline

2026

Operating Leverage Stress

2026

Working Capital Expansion

2026

Inventory Stress

2026

Relative Growth Weakness

2026

Relative Growth Weakness

2026

Industrial Margin Stress

2026

Industrial Margin Stress

2026

Relative Growth Weakness

2026

Inventory Stress

2026

Operating Leverage Stress

2026

Industrial Margin Stress

2026

Relative Growth Weakness

2026

Revenue-Debt Divergence

2025

Operating Leverage Stress

2025

Inventory Stress

2025

Working Capital Expansion

2025

Working Capital Expansion

2024

Inventory Stress

2024

Working Capital Expansion

2024

Working Capital Expansion

Key Financials (INR Cr)

PeriodRevenueNet ProfitOCFDebt
FY20262,727622042,619
FY20252,843762352,539
FY20242,8631133222,798
FY20232,753-643542,695