Is Harrisons Malayalam a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Harrisons Malayalam Ltd is a average quality company .

Is Harrisons Malayalam undervalued or overvalued?

The key valuation ratios of Harrisons Malayalam Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is Harrisons Malayalam share price return in the past 10 years?

Harrisons Malayalam Ltd share price has appreciated 18.7% annually (CAGR) over the past ten years.

Is Harrisons Malayalam a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Harrisons Malayalam Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

Harrisons Malayalam Ltd - Stock Valuation and Financial Performance

Name: Harrisons Malayalam
Brand: Harrisons Malayalam

BSE: 500467 | NSE: HARRMALAYA | Agriculture | Small Cap

Place order

Harrisons Malayalam Share Price

₹303.75 -15.10 -4.74%
as on 20-Dec'24 16:59

10 Year X-Ray of Harrisons Malayalam:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	-7.6%	-13.1%	8.9%	8.6%	-5.1%	12.8%	26.8%	15.7%	12.7%	2.4%	-
Value Creation Index ⓘ	-1.5	-1.9	-0.4	-0.4	-1.4	-0.1	0.9	0.1	-0.1	-0.8	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	327	285	367	383	354	387	451	472	487	488	505
Sales YoY Gr.	-	-12.8%	28.7%	4.6%	-7.7%	9.5%	16.5%	4.5%	3.2%	0.3%	-
Adj EPS ⓘ	-19.2	-25.9	0.5	2.2	-13.2	5.2	21.9	11.4	9.5	-1.1	-2.4
YoY Gr.	-	NA	NA	305.6%	-700.5%	NA	325.6%	-47.8%	-16.8%	-111.8%	-
BVPS (₹) ⓘ	79.7	55	55.5	56.2	42.6	42.8	62.4	74.8	84.6	78	75.6
Adj Net Profit ⓘ	-35.3	-47.8	1	4.1	-24.3	9.5	40.5	21.1	17.6	-2.1	-4
Cash Flow from Ops. ⓘ	10.4	13.5	21.1	19.9	-7	33.3	41.1	37.5	31.3	33	-
Debt/CF from Ops. ⓘ	10.9	8.3	4.5	4.8	-17.2	3.4	2.3	2.3	3	2.9	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	4.6%	6.7%	2.7%	0.3%
Adj EPS ⓘ	NA	NA	-137.1%	-111.8%
BVPSⓘ	-0.2%	12.9%	7.7%	-7.9%
Share Price	18.7%	40.5%	26.5%	58.6%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	-11.6	-18.1	0.6	3.9	-26.6	12.1	41.7	16.7	11.9	-1.4	-3.1
Op. Profit Mgn % ⓘ	-5.2	-11.4	3.6	3.3	-3.4	6.1	12.3	6.6	5.6	2.1	2.5
Net Profit Mgn % ⓘ	-10.8	-16.8	0.3	1.1	-6.9	2.5	9	4.5	3.6	-0.4	-0.9
Debt to Equity ⓘ	0.8	1.1	0.9	0.9	1.5	1.4	0.8	0.6	0.6	0.7	0.2
Working Cap Days ⓘ	249	269	209	209	231	218	194	184	178	177	30
Cash Conv. Cycle ⓘ	22	13	-1	0	5	0	-4	-3	-4	-5	-45

Recent Performance Summary

Debt to equity has declined versus last 3 years average to 0.65

Return on Equity is Poor

Sales growth has been subdued in last 3 years 2.66%

Sales growth is not so good in last 4 quarters at 8.09%

Latest Financials - Harrisons Malayalam Ltd.

	Standalone	Consolidated
TTM EPS (₹)	-2.4	-2.4
TTM Sales (₹ Cr.)	505	505
BVPS (₹.) ⓘ	75.6	75.6
Reserves (₹ Cr.) ⓘ	124	121
P/BV ⓘ	4.02	4.02
PE ⓘ	0.00	0.00

From the Market
52 Week Low / High (₹)	150.00 / 340.25
All Time Low / High (₹)	3.80 / 390.00
Market Cap (₹ Cr.)	561
Equity (₹ Cr.)	18.5
Face Value (₹)	10
Industry PE ⓘ	42.2

Management X-Ray of Harrisons Malayalam:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Harrisons Malayalam

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

This is a premium feature, Please click here to check our solutions.

Key Ratios of Harrisons Malayalam

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	327	285	367	383	354	387	451	472	487	488
Operating Expenses ⓘ	344	317	353	371	366	364	396	440	460	478
Manufacturing Costs	87	68	63	71	66	71	70	82	100	100
Material Costs	95	79	117	115	115	94	136	159	142	152
Employee Cost	132	140	145	152	152	165	161	166	178	188
Other Costs ⓘ	29	31	29	32	32	33	29	33	40	38
Operating Profit ⓘ	-17	-32	13	13	-12	23	55	31	27	10
Operating Profit Margin (%)	-5.2%	-11.4%	3.6%	3.3%	-3.4%	6.0%	12.3%	6.6%	5.6%	2.1%
Other Income ⓘ	3	3	5	9	6	6	3	7	7	9
Interest ⓘ	14	14	14	13	14	16	14	11	12	13
Depreciation ⓘ	7	6	5	4	4	4	4	4	4	6
Exceptional Items ⓘ	0	4	5	0	0	0	0	0	0	-8
Profit Before Tax ⓘ	-35	-45	4	4	-24	9	40	23	18	-7
Tax ⓘ	0	0	0	0	0	0	0	0	0	0
Profit After Tax	-35	-45	4	4	-24	9	40	23	18	-7
PAT Margin (%)	-10.8%	-15.9%	1.2%	1.2%	-6.8%	2.4%	9.0%	4.9%	3.7%	-1.5%
Adjusted EPS (₹)	-19.1	-24.5	2.4	2.4	-13.1	5.0	21.9	12.4	9.6	-4.0
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	287	241	102	104	79	79	115	138	156	144
Share Capital ⓘ	18	18	18	18	18	18	18	18	18	18
Reserves ⓘ	268	223	84	85	60	61	97	120	138	125
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	103	96	87	86	105	105	80	72	72	75
Long Term Debt	59	44	36	34	67	58	45	46	47	39
Short Term Debt	43	52	51	52	39	47	35	26	26	37
Trade Payables	19	28	32	38	34	48	43	51	46	66
Others Liabilities ⓘ	244	276	280	293	296	312	310	301	315	322
Total Liabilities ⓘ	653	641	501	521	514	544	548	562	589	608
Fixed Assets
Gross Block	513	513	282	286	293	301	305	310	319	331
Accumulated Depreciation	86	89	5	9	13	16	20	24	28	34
Net Fixed Assetsⓘ	428	424	277	277	280	285	285	286	291	298
CWIP ⓘ	2	1	8	11	10	13	22	36	58	72
Investmentsⓘ	0	0	0	0	0	0	0	0	0	0
Inventories	23	22	25	28	29	41	35	35	38	37
Trade Receivables	13	7	8	14	10	8	16	14	11	18
Cash Equivalents	9	9	3	4	2	4	2	4	2	2
Others Assetsⓘ	178	178	181	186	183	194	189	189	189	181
Total Assets ⓘ	653	641	501	521	514	544	548	562	589	608

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	10	14	21	20	-7	33	41	38	31	33
PBT ⓘ	-35	-46	4	4	-24	9	40	23	18	-7
Adjustment ⓘ	21	17	19	16	17	21	16	11	12	22
Changes in Working Capital ⓘ	25	43	-1	-1	-0	3	-14	5	2	19
Tax Paid ⓘ	0	0	-1	0	0	0	-1	-1	-1	-1
Cash Flow From Investing Activity ⓘ	-4	4	4	-7	-6	-9	-11	-14	-27	-22
Capex	-5	3	9	-2	-4	-2	-2	-2	-14	-7
Net Investments	0	0	0	0	0	0	0	0	0	0
Others ⓘ	0	0	-5	-5	-2	-8	-9	-12	-14	-15
Cash Flow From Financing Activityⓘ	-14	-15	-31	-12	11	-23	-32	-21	-6	-11
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	-2	-9	-16	-1	39	-16	-6	-2	7	-9
Interest Paid ⓘ	-14	-14	-14	-13	-14	-16	-14	-11	-12	-13
Dividend Paid ⓘ	-2	0	0	0	0	0	0	0	0	0
Others ⓘ	5	9	-1	1	-14	8	-12	-9	-1	11
Net Cash Flow ⓘ	-8	3	-6	1	-1	1	-1	2	-2	0

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	-21.37	-36.41	4.36	4.32	-26.41	11.78	41.66	18.13	12.09	-4.86
ROCE (%)	-7.58	-13.12	8.91	8.63	-5.06	12.84	26.76	15.7	12.71	2.4
Asset Turnover Ratio	0.49	0.44	0.64	0.75	0.68	0.73	0.83	0.85	0.85	0.82
PAT to CFO Conversion(x)	N/A	N/A	5.25	5	N/A	3.67	1.03	1.65	1.72	N/A
Working Capital Days
Receivable Days	15	13	7	10	12	9	10	11	9	11
Inventory Days	27	29	23	25	30	33	31	27	27	28
Payable Days	70	109	94	112	114	158	123	109	125	135

Harrisons Malayalam Ltd Stock News

Harrisons Malayalam Ltd FAQs

What is the share price of Harrisons Malayalam?

Company share prices are keep on changing according to the market conditions. The closing price of Harrisons Malayalam on 20-Dec-2024 16:59 is ₹303.8.

What is the market cap of Harrisons Malayalam?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 20-Dec-2024 16:59 the market cap of Harrisons Malayalam stood at ₹560.6.

What is the P/E ratio of Harrisons Malayalam?

The latest P/E ratio of Harrisons Malayalam as of 20-Dec-2024 16:59 is 0.00.

What is the P/B ratio of Harrisons Malayalam?

The latest P/B ratio of Harrisons Malayalam as of 20-Dec-2024 16:59 is 4.02.

What is the 52-week high and low of Harrisons Malayalam?

The 52-week high of Harrisons Malayalam is ₹340.2 and the 52-week low is ₹150.0.

What is the TTM revenue of Harrisons Malayalam?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Harrisons Malayalam is ₹505.5 ( Cr.) .

About Harrisons Malayalam Ltd

Harrisons Malayalam Limited (HML) is the most successful integrated agricultural operation in South India. One of the oldest - with a history that goes back over hundred and fifty years - it has been a pioneer in corporate farming and has, over this period, established and run plantations for Tea, Rubber, Cocoa, Coffee and a wide variety of Spices. Today the company cultivates thousands of hectare and processes produce from other farmlands in its neighborhood.

The company also produces smaller quantities of a variety of other exotic horticultural crops like Areca nut, Banana, Cardamom, Cocoa, Coffee, Coconut, Pepper and Vanilla as well as limited quantities of Organic tea and spices. The product range includes both CTC and Orthodox Tea, Rubber in concentrated rubber latex, crepe, block and sheet rubber forms. Fresh Pineapple is the other large produce.

As a dominant player in tea exports from South India over its entire history, a position that it maintains even today, the company is a source for quality teas for all the big names in the Tea industry in Europe. Being the industry leader in natural rubber production, HML is known for its high quality natural rubber in the local and export markets.

The company is part of RP-SG and RPG Enterprises one of the largest and well-respected industrial groups in India. The Group has interests in tyres, cables, power transmission, telecommunications, pharmaceuticals, specialty chemicals, retail and consumer marketing, hotel and tourism, entertainment and agri-business.

Business area of the company

The company is principally engaged in plantations having tea and rubber estates in Kerala and Tamil Nadu.