Himatsingka Seide Multibagger 3 years time frame Medium term

• Himatsingka Seide (HSL) is a vertically integrated home textile major, focusing on the manufacture, retailing and distribution of home textile products. 
• Headquartered at Bengaluru, the company has a global footprint. In manufacturing, it operates among st the largest capacities in the world and produces upholstery, drapery fabrics and bed-linen products. 
• Spread across Asia, Europe and North America, its retail and wholesale distribution divisions carry some of the most prestigious brands in the home textile space and cater to private label programs of major retailers across these geographies.
• Promoter holds 58 % Share in the company and they have not pledged any share.This shows the sound knowledge of business. The company has good working capital and strong execution track record.
• There profit margin from business is around 25 % which is good (It means they invest Rs 100 in business and take Rs 125 as return).
• One challenge is the Rupee becoming strong could affect the export, other than its good textile stock to have in once portfolio.
• With Middle class income increasing, the consumption story of India is going to rise. So we should see this help company grown strong for next 5 years and stock will double from current price range