HARRMALAYA - Harrisons Malayalam Ltd. Share Price

Industrial Products

₹162.89+2.89(+1.81%)

Market Closed as of Dec 24, 2025, 15:30 IST

Pros

Balance Sheet: Reasonably good balance sheet.

Buy Backs: Company has bought back it's stock in the past which is a good thing.

Technicals: Bullish SharesGuru indicator.

Cons

Smart Money: Smart money is losing interest in the stock.

Dividend: Stock hasn't been paying any dividend.

Past Returns: In past three years, the stock has provided 4.9% return compared to 12.5% by NIFTY 50.

Momentum: Stock is suffering a negative price momentum. Stock is down -12.3% in last 30 days.

Size: It is a small market cap company and can be volatile.

Valuation
Market Cap	299.83 Cr
Price/Earnings (Trailing)	10.42
Price/Sales (Trailing)	0.54
EV/EBITDA	8.35
Price/Free Cashflow	58.93
MarketCap/EBT	10.42
Enterprise Value	410.29 Cr

Fundamentals
Revenue (TTM)	551.03 Cr
Rev. Growth (Yr)	5.1%
Earnings (TTM)	28.77 Cr
Earnings Growth (Yr)	56.1%

Profitability
Operating Margin	5%
EBT Margin	5%
Return on Equity	17.43%
Return on Assets	5.73%
Free Cashflow Yield	1.7%

Price to Sales Ratio

Latest reported: 0.5

Revenue (Last 12 mths)

Latest reported: 551 Cr

Net Income (Last 12 mths)

Latest reported: 28.8 Cr

Growth & Returns
Price Change 1W	-0.20%
Price Change 1M	-12.3%
Price Change 6M	-23%
Price Change 1Y	-44.5%
3Y Cumulative Return	4.9%
5Y Cumulative Return	6.7%
7Y Cumulative Return	10.2%
10Y Cumulative Return	10.7%

Cash Flow & Liquidity
Cash Flow from Investing (TTM)	-16.07 Cr
Cash Flow from Operations (TTM)	23.35 Cr
Cash Flow from Financing (TTM)	-7.84 Cr
Cash & Equivalents	22.85 L
Free Cash Flow (TTM)	6.31 Cr
Free Cash Flow/Share (TTM)	3.42

Balance Sheet
Total Assets	502.44 Cr
Total Liabilities	337.38 Cr
Shareholder Equity	165.06 Cr
Current Assets	104.64 Cr
Current Liabilities	232.87 Cr
Net PPE	291.69 Cr
Inventory	52.21 Cr
Goodwill	0.00

Capital Structure & Leverage
Debt Ratio	0.22
Debt/Equity	0.67
Interest Coverage	1.22
Interest/Cashflow Ops	2.75

Dividend & Shareholder Returns
Shares Dilution (1Y)	0.00%
Shares Dilution (3Y)	0.00%

Pros

Balance Sheet: Reasonably good balance sheet.

Buy Backs: Company has bought back it's stock in the past which is a good thing.

Technicals: Bullish SharesGuru indicator.

Cons

Smart Money: Smart money is losing interest in the stock.

Dividend: Stock hasn't been paying any dividend.

Past Returns: In past three years, the stock has provided 4.9% return compared to 12.5% by NIFTY 50.

Momentum: Stock is suffering a negative price momentum. Stock is down -12.3% in last 30 days.

Size: It is a small market cap company and can be volatile.

The Good, Bad and Ugly

Growth

Profitability

Size

Dilution Rank

Balance Sheet

Momentum

Technicals

Smart Money

Insider Trading

Investor Care
Shares Dilution (1Y)	0.00%
Earnings/Share (TTM)	15.59

Financial Health
Current Ratio	0.45
Debt/Equity	0.67

Technical Indicators
RSI (14d)	20.3
RSI (5d)	44
RSI (21d)	13.36
MACD Signal	Sell
Stochastic Oscillator Signal	Hold
Grufity Signal	Buy
RSI Signal	Buy
RSI5 Signal	Hold
RSI21 Signal	Buy
SMA 5 Signal	Buy
SMA 10 Signal	Sell
SMA 20 Signal	Sell
SMA 50 Signal	Sell
SMA 100 Signal	Sell

Earnings Outlook

Last updated:

Q&A Session

Last updated:

Revenue

Last Updated: Sep 30, 2025

Description	Share	Value
RUBBER	55.2%	74.2 Cr
TEA	44.0%	59.2 Cr
OTHERS	0.8%	1 Cr
Total		134.4 Cr

Share Holdings

Understand Harrisons Malayalam ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.

Holding Pattern

Major Shareholders

Share Holding Details

Shareholder Name	Holding %
Rainbow Investments Ltd	24.96%
Vayu Udaan Aircraft Llp	20.56%
Swallow Associates Llp	5.48%
Investor Education and Protection Fund Authority	2.5%
Lok Prakashan Ltd.	1.17%
Trade Apartments Limited	1.14%
Harshvardhan Ramprasad Goenka	0.3%
Trivikram Khaitan Trustee of HML Trust No.I	0.24%
Trivikram Khaitan Trustee of HML Trust No.II	0.24%
Trivikram Khaitan Trustee of HML Trust No.III	0.24%
Trivikram Khaitan Trustee of HML Trust No.IV	0.24%
Trivikram Khaitan Trustee of HML Trust No.V	0.24%
Trivikram Khaitan Trustee of HML Trust No.VI	0.24%
Sanjiv Goenka	0.19%
Late Rama Prasad Goenka	0.05%
Carniwal Investments Ltd	0.01%
Saregama India Limited	0%
Anant Vardhan Goenka	0%
Mala Goenka	0%
Radha Anant Goenka	0%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

Ticker	Name	Mkt Cap	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
		-	-	-	-	-	-	-	-

Category	HARRMALAYA	Industrial
PE	10.42	32.73
PS	0.54	2.50
Growth	6.9 %	9 %

Key Insights

1. HARRMALAYA is NOT among the Top 10 largest companies in Industrial Products.
2. The company holds a market share of 0.1% in Industrial Products.
3. In last one year, the company has had a below average growth that other Industrial Products companies.

Description	(%) Q/Q	Mar-2025	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020
Revenue From Operations	5.3%	514	488	487	472	451	387
Other Income	42.1%	12	8.74	7.12	7.13	2.83	6.13
Total Income	5.8%	526	497	494	479	454	393
Cost of Materials	-15.5%	88	104	109	117	105	83
Purchases of stock-in-trade	100%	99	50	34	39	23	24
Employee Expense	-3.2%	182	188	178	166	161	165
Finance costs	0%	13	13	12	11	14	16
Depreciation and Amortization	32.9%	7.34	5.77	4.36	4.23	4.11	4.3
Other expenses	-12.4%	121	138	140	115	99	105
Total Expenses	2.8%	511	497	476	456	414	384
Profit Before exceptional items and Tax	2044.4%	15	0.28	18	23	40	9.26
Exceptional items before tax	88.3%	0	-7.58	0	0	0	0
Total profit before tax	268.7%	15	-7.3	18	23	40	9.26
Total profit (loss) for period	268.7%	15	-7.3	18	23	40	9.26
Other comp. income net of taxes	5.7%	-4.64	-4.98	0.41	-0.1	-4.31	-8.93
Total Comprehensive Income	167.8%	10	-12.28	18	23	36	0.34
Earnings Per Share, Basic	242.5%	8.07	-3.96	9.63	12.51	21.9	5.02
Earnings Per Share, Diluted	242.5%	8.07	-3.96	9.63	12.51	21.9	5.02

Description	(%) Q/Q	Sep-2025	Jun-2025	Mar-2025	Dec-2024	Sep-2024	Jun-2024
Revenue From Operations	15.7%	134	116	137	142	137	98
Other Income	514.5%	12	2.79	4.02	2.65	1.71	3.44
Total Income	22.9%	146	119	141	145	139	101
Cost of Materials	55%	32	21	26	26	21	16
Purchases of stock-in-trade	-19%	18	22	24	22	28	25
Employee Expense	13.6%	51	45	41	49	50	42
Finance costs	-19.9%	2.97	3.46	2.95	3.58	3.32	3.24
Depreciation and Amortization	19.3%	1.68	1.57	2.46	1.7	1.63	1.56
Other expenses	3%	35	34	29	33	32	27
Total Expenses	24.1%	140	113	136	134	135	107
Profit Before exceptional items and Tax	9.3%	6.42	5.96	5.19	11	4.11	-5.61
Exceptional items before tax	-	0	0	0	0	0	0
Total profit before tax	9.3%	6.42	5.96	5.19	11	4.11	-5.61
Total profit (loss) for period	9.3%	6.42	5.96	5.19	11	4.11	-5.61
Other comp. income net of taxes	-4.7%	-0.77	-0.69	-0.67	-1.04	-1.69	-1.25
Total Comprehensive Income	8.9%	5.65	5.27	4.51	10	2.43	-6.86
Earnings Per Share, Basic	11.2%	3.48	3.23	2.81	6.07	2.23	-3.04
Earnings Per Share, Diluted	11.2%	3.48	3.23	2.81	6.07	2.23	-3.04

Description	(%) Q/Q	Mar-2025	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020
Revenue From Operations	5.3%	514	488	487	472	451	387
Other Income	42.1%	12	8.74	7.12	7.13	2.83	6.13
Total Income	5.8%	526	497	494	479	454	393
Cost of Materials	-15.5%	88	104	109	117	105	83
Purchases of stock-in-trade	100%	99	50	34	39	23	24
Employee Expense	-3.2%	182	188	178	166	161	165
Finance costs	0%	13	13	12	11	14	16
Depreciation and Amortization	32.9%	7.34	5.77	4.36	4.23	4.11	4.3
Other expenses	-12.4%	121	138	140	115	99	105
Total Expenses	2.8%	511	497	476	456	413	384
Profit Before exceptional items and Tax	2071.8%	15	0.29	18	23	40	9.29
Exceptional items before tax	88.3%	0	-7.58	0	0	0	0
Total profit before tax	268.9%	15	-7.29	18	23	40	9.29
Total profit (loss) for period	268.9%	15	-7.29	18	23	40	9.29
Other comp. income net of taxes	5.7%	-4.64	-4.98	0.41	-0.1	-4.31	-8.93
Total Comprehensive Income	167.8%	10	-12.27	18	23	36	0.36
Earnings Per Share, Basic	242.8%	8.07	-3.95	9.63	12.44	21.92	5.03
Earnings Per Share, Diluted	242.8%	8.07	-3.95	9.63	12.44	21.92	5.03

Description	(%) Q/Q	Sep-2025	Jun-2025	Mar-2025	Dec-2024	Sep-2024	Jun-2024
Revenue From Operations	15.7%	134	116	137	142	137	98
Other Income	514.5%	12	2.79	4.02	2.65	1.71	3.44
Total Income	22.9%	146	119	141	145	139	101
Cost of Materials	55%	32	21	26	26	21	16
Purchases of stock-in-trade	-19%	18	22	24	22	28	25
Employee Expense	13.6%	51	45	41	49	50	42
Finance costs	-19.9%	2.97	3.46	2.95	3.58	3.32	3.24
Depreciation and Amortization	19.3%	1.68	1.57	2.46	1.7	1.63	1.56
Other expenses	3%	35	34	29	33	32	27
Total Expenses	24.1%	140	113	136	134	135	107
Profit Before exceptional items and Tax	9.3%	6.42	5.96	5.19	11	4.11	-5.61
Exceptional items before tax	-	0	0	0	0	0	0
Total profit before tax	9.3%	6.42	5.96	5.19	11	4.11	-5.61
Total profit (loss) for period	9.3%	6.42	5.96	5.19	11	4.11	-5.61
Other comp. income net of taxes	-4.7%	-0.77	-0.69	-0.67	-1.04	-1.69	-1.25
Total Comprehensive Income	8.9%	5.65	5.27	4.52	10	2.43	-6.86
Earnings Per Share, Basic	11.2%	3.48	3.23	2.81	6.07	2.23	-3.04
Earnings Per Share, Diluted	11.2%	3.48	3.23	2.81	6.07	2.23	-3.04

Description	(%) Q/Q	Sep-2025	Mar-2025	Sep-2024	Mar-2024	Sep-2023	Mar-2023
Cash and cash equivalents	-13.2%	0.23	0.32	0.17	0.87	0.23	0.69
Total current financial assets	35.3%	24	18	23	23	23	16
Inventories	37.8%	52	38	46	37	59	38
Total current assets	26.8%	105	83	96	87	114	84
Property, plant and equipment	-0.3%	292	293	297	297	291	290
Capital work-in-progress	11.5%	98	88	80	72	68	58
Investment property	-3.2%	2.49	2.54	-	0	0	7.6
Non-current investments	0%	0.01	0.01	0.01	0.01	0.01	0.01
Total non-current financial assets	0%	0.03	0.03	0.03	0.03	7.61	4.32
Total non-current assets	2.6%	398	388	382	374	372	361
Total assets	6.4%	502	472	479	463	487	445
Borrowings, non-current	1.9%	54	53	33	39	44	47
Total non-current financial liabilities	-3.6%	54	56	36	42	47	50
Provisions, non-current	2.2%	48	47	52	49	52	51
Total non-current liabilities	2%	105	103	87	91	98	100
Borrowings, current	21.7%	57	47	60	55	60	45
Total current financial liabilities	13.1%	165	146	181	156	170	130
Provisions, current	0%	30	30	30	30	24	22
Current tax liabilities	-	0	-	0	0.38	0.92	1.42
Total current liabilities	13.2%	233	206	242	218	230	179
Total liabilities	6%	337	318	339	319	338	289
Equity share capital	0%	18	18	18	18	18	18
Total equity	7.2%	165	154	139	144	149	156
Total equity and liabilities	6.4%	502	472	479	463	487	445

Description	(%) Q/Q	Sep-2025	Mar-2025	Sep-2024	Mar-2024	Sep-2023	Mar-2023
Cash and cash equivalents	-13.2%	0.23	0.32	0.17	0.87	0.23	0.69
Current investments	-	0	0	0	0	0	0
Total current financial assets	35.3%	24	18	23	23	23	16
Inventories	37.8%	52	38	46	37	59	38
Total current assets	26.8%	105	83	96	88	114	84
Property, plant and equipment	-0.3%	292	293	297	297	291	290
Capital work-in-progress	11.5%	98	88	80	72	68	58
Investment property	-3.2%	2.49	2.54	-	0	0	7.6
Non-current investments	0%	0.02	0.02	0.02	0.02	0.01	0.01
Total non-current financial assets	0%	0.03	0.03	0.03	0.03	7.61	4.32
Total non-current assets	2.6%	398	388	382	374	372	361
Total assets	6.4%	502	472	479	463	487	445
Borrowings, non-current	1.9%	54	53	33	39	44	47
Total non-current financial liabilities	-3.6%	54	56	36	42	47	50
Provisions, non-current	2.2%	48	47	52	49	52	51
Total non-current liabilities	2%	105	103	87	91	98	100
Borrowings, current	21.7%	57	47	60	55	60	45
Total current financial liabilities	13.1%	165	146	181	156	170	130
Provisions, current	0%	30	30	30	30	24	22
Current tax liabilities	-	0	-	0	0.38	0.92	1.42
Total current liabilities	13.2%	233	206	242	218	230	179
Total liabilities	6%	337	318	339	319	338	289
Equity share capital	0%	18	18	18	18	18	18
Total equity	7.2%	165	154	140	144	149	156
Total equity and liabilities	6.4%	502	472	479	463	487	445

Description	(%) Q/Q	Mar-2025	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020
Finance costs	0%	13	13	12	11	-	-
Change in inventories	-1250%	-1.43	0.82	-2.88	-0.04	-	-
Depreciation	32.9%	7.34	5.77	4.36	4.23	-	-
Adjustments for interest income	2.3%	0.14	0.12	0.1	0.11	-	-
Net Cashflows from Operations	-30.3%	24	34	32	39	-	-
Income taxes paid (refund)	-1340%	0.38	1.05	0	1.16	-	-
Net Cashflows From Operating Activities	-31.2%	23	33	32	38	-	-
Proceeds from sales of PPE	78.1%	0.84	0.27	0.41	2.79	-	-
Purchase of property, plant and equipment	-23.8%	17	22	28	17	-	-
Interest received	2.3%	0.14	0.12	0.1	0.11	-	-
Net Cashflows From Investing Activities	25.2%	-16.07	-21.83	-27.37	-14.11	-	-
Proceeds from borrowings	2.6%	40	39	26	21	-	-
Repayments of borrowings	-5.6%	35	37	20	31	-	-
Interest paid	0%	13	13	12	11	-	-
Income taxes paid (refund)	-	0	0	1.23	0	-	-
Other inflows (outflows) of cash	-4.8%	-0.54	-0.47	-0.38	-0.38	-	-
Net Cashflows from Financing Activities	26.1%	-7.84	-10.96	-7.04	-21.46	-	-
Net change in cash and cash eq.	-89%	-0.55	0.18	-1.92	1.97	-	-

Description	(%) Q/Q	Mar-2025	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020
Finance costs	0%	13	13	12	11	-	-
Change in inventories	-1250%	-1.43	0.82	-2.88	-0.04	-	-
Depreciation	32.9%	7.34	5.77	4.36	4.23	-	-
Adjustments for interest income	2.3%	0.14	0.12	0.1	0.11	-	-
Net Cashflows from Operations	-30.3%	24	34	32	39	-	-
Income taxes paid (refund)	-1340%	0.38	1.05	0	1.16	-	-
Net Cashflows From Operating Activities	-31.2%	23	33	32	38	-	-
Proceeds from sales of PPE	78.1%	0.84	0.27	0.41	2.79	-	-
Purchase of property, plant and equipment	-23.8%	17	22	28	17	-	-
Interest received	2.3%	0.14	0.12	0.1	0.11	-	-
Net Cashflows From Investing Activities	25.2%	-16.07	-21.83	-27.37	-14.12	-	-
Proceeds from borrowings	2.6%	40	39	26	21	-	-
Repayments of borrowings	-5.6%	35	37	20	31	-	-
Interest paid	0%	13	13	12	11	-	-
Income taxes paid (refund)	-	0	0	1.23	0	-	-
Other inflows (outflows) of cash	-4.8%	-0.54	-0.47	-0.38	-0.38	-	-
Net Cashflows from Financing Activities	26.1%	-7.84	-10.96	-7.04	-21.46	-	-
Net change in cash and cash eq.	-89%	-0.55	0.18	-1.92	1.97	-	-

Harrisons Malayalam Limited plants and sells tea and rubber in India, Europe, and internationally. It operates in three segments: Tea, Rubber, and Others. The company offers CTC and orthodox, and organic teas; and latex, crepe, crumb/block, and smoked sheets rubber products. It also supplies fresh and processed pineapple; and produces other horticultural crops, such as areca nut, banana, cardamom, cocoa, coffee, coconut, pepper, and vanilla, as well as organic spices. Harrisons Malayalam Limited was incorporated in 1978 and is based in Kochi, India.

Industry Group:Industrial Products

Employees:7,669

Website:www.harrisonsmalayalam.com

Important Disclosure & Data Context

This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.

HARRMALAYA - Harrisons Malayalam Ltd. Share Price

Valuation

Fundamentals

Profitability

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)

Growth & Returns

Cash Flow & Liquidity

Balance Sheet

Capital Structure & Leverage

Dividend & Shareholder Returns

Investor Care

Financial Health

Technical Indicators

Share Holdings

Holding Pattern

Share Holding Details

Overall Distribution

Ownership Distribution

What does Harrisons Malayalam Ltd. do?

Important Disclosure & Data Context

HARRMALAYA - Harrisons Malayalam Ltd. Share Price

HARRMALAYA

Valuation

Fundamentals

Profitability

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)

Growth & Returns

Cash Flow & Liquidity

Balance Sheet

Capital Structure & Leverage

Dividend & Shareholder Returns

HARRMALAYA

Investor Care

Financial Health

Technical Indicators

Share Holdings

Holding Pattern

Share Holding Details

Overall Distribution

Ownership Distribution

What does Harrisons Malayalam Ltd. do?

Important Disclosure & Data Context

HARRMALAYA

HARRMALAYA