Himatsingka Seide Ltd Multibagger 3 years Time Frame Longterm

Himatsingka Seide Ltd Multibagger 3 years Time Frame Longterm

• The Himatsingka Seide Lts is a vertically integrated Home Textile major with a global footprint. Company focuses on the manufacturing, retailing and distribution of Home Textile products.

• On the manufacturing front, the company operates amongst the largest capacities in the world for producing upholstery fabrics, drapery fabrics and bed linen products hence capturing the daily need of common man.

• Its operations 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.This makes them grow across all verticals

• The company is focused on Luxury segment, so it very less affected by economy.India's first luxury home furnishing brand 'atmosphere' belongs to this Company.

• They also grown by aquiring Giuseppe Bellora S.p.A (Italy), amongst the most prestigious bed linen brands in Europe.They also acquired DWI Holdings, Inc., a leading branded Home Textile player in the North American market and a licensee of the Calvin Klein Home and Barbara Barry brands. This makes the company cover the entire globe and not affected by 1 country.

• Company's retail and distribution networks cater to over 8000 points of sale including 200 shop-in-shops of its licensed brands in major departmental stores and 25 exclusive retail stores. An integrated model and supply chain expertise enables the Group to service retail and distribution networks across 22 countries.

• With profit increase by 40 % yoy. We see the luxury brand segment become the next big Multibagger in Home Textile space.People can invest in this comany with longterm view of 3 yrs to double there investment