Harrisons Malayalam
- Market cap
- ₹ 291 Cr.
- P/E
- 11.2x
- P/B
- 1.68x
- 52-week range
- 150.31 – 237.9
- ROE
- 18%
- ROCE
- 15%
- Dividend yield
- 0%
- Debt / equity
- 0.62
- Sector
- Industrial Products
- Industry
- Rubber
- Listed on
- NSE, BSE
About
Harrisons Malayalam Ltd is an India-based company. The Company is engaged in tea and rubber cultivation along with minor crops such as pineapple, cardamom, pepper, and other spices. It has three reportable segments, namely Tea, Rubber, and Others. Its products and services include Tea, Rubber, Harrisons Tea Extracts, Tea Town, Harrisons Heritage, Exports, and Consumer Products. The Company cultivates approximately 14,000 hectares (ha). Its primary products are rubber, tea, and pineapple, which cultivates on approximately 7,400 ha, 6,000 ha and 1000 ha, respectively. It produces approximately 9,000 tons of Rubber, 20,000 tons of tea and 25,000 tons of Pineapple. The Company has eleven tea estates located in Kerala and two in Tamil Nadu. It has eleven rubber estates which are located in Kerala. The Company’s subsidiary is Malayalam Plantations Limited.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Rubber: 14 companies →Harrisons Malayalam against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)11.2 against a typical 22.3: cheaper than most peers (1st = cheapest).2nd of 14
- Sales growth+7.3% against a typical +27.2% from a year earlier.9th of 12
- Profit growth−34.1% against a typical +44.4% from a year earlier.10th of 11
- Share price, 3 months−24.7% against a typical −12.2%.12th of 14
- Size₹ 290.5 Cr. market value against a typical ₹ 269.7 Cr. (1st = largest).6th of 14
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Moderate safety, with caution
Rated BBB by CARE- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CARE | CARE BBB | Stable | 17 Feb 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 17 Feb 2026 | Reaffirmed | CARE BBB | — | CARE | ₹ 116.48 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 13 Aug 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2026 and other business matters |
| 25 May 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended March 31, 2026 and other business matters |
| 9 Feb 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended December 31, 2025 and other business matters |
| 12 Nov 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2025 and other business matters |
| 8 Aug 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2025 and other business matters |
| 23 May 2025 | Financial Results | To consider and approve inter alia the financial results for the period ended March 31, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 122 | 130 | 141 | 98 | 137 | 142 | 137 | 116 | 134 | 141 | 147 | 125 |
| Expenses | 121 | 121 | 140 | 102 | 130 | 128 | 130 | 108 | 135 | 132 | 139 | 119 |
| Operating Profit | 1 | 9 | 1 | −4 | 7 | 14 | 7 | 8 | −1 | 9 | 9 | 6 |
| OPM % | 0.9% | 6.8% | 0.7% | −4.4% | 5.4% | 9.7% | 4.8% | 7.1% | −0.5% | 6.2% | 5.8% | 4.6% |
| Other Income | 2 | 3 | −5 | 3 | 2 | 3 | 4 | 3 | 12 | 4 | 6 | 3 |
| Interest | 3 | 3 | 3 | 3 | 3 | 4 | 3 | 3 | 3 | 3 | 3 | 3 |
| Depreciation | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | −2 | 7 | −10 | −6 | 4 | 11 | 5 | 6 | 6 | 8 | 9 | 4 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | −2 | 7 | −10 | −6 | 4 | 11 | 5 | 6 | 6 | 8 | 9 | 4 |
| EPS in Rs | −1.16 | 3.61 | −5.17 | −3.03 | 2.22 | 6.05 | 2.81 | 3.22 | 3.47 | 4.13 | 4.92 | 2.12 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 7%
- 5 Years
- 4%
- 3 Years
- 4%
- TTM
- 3%
- 10 Years
- 10%
- 5 Years
- −6%
- 3 Years
- 19%
- TTM
- 2%
- 10 Years
- 10%
- 5 Years
- 1%
- 3 Years
- 13%
- TTM
- —
- 10 Years
- 9%
- 5 Years
- 11%
- 3 Years
- 9%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Harrisons Malayalam | ₹ 164.55 | ₹ 291 Cr. | 11.2x | 1.7x | 18% | — |
| Kaveri Seed Company | ₹ 731.00 | ₹ 3,752 Cr. | 14.8x | 2.5x | 18.2% | 21.2% |
| Andrew Yule & Company Ltd | ₹ 21.85 | ₹ 1,081 Cr. | — | 3.7x | −5.8% | −10.5% |
| Bombay Super Hybrid Seeds | ₹ 82.90 | ₹ 870 Cr. | 35x | 7.1x | 22.6% | 7.5% |
| Fratelli Vineyards | ₹ 123.50 | ₹ 537 Cr. | — | 3.2x | −17.1% | −13.7% |
| Aelea Commodities | ₹ 129.60 | ₹ 264 Cr. | 14.2x | 2.4x | 18.7% | 5.6% |
Management
- Sajish George
- Chief Financial Officer
- Sandhya Gopi
- Company Secretary and Compliance Officer
- Cherian Manamel George
- Whole Time Director
- Santosh Kumar
- Additional Whole Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.