Harrisons Malayalam Ltd
Incorporated in 1978, Harrison Malayalam Ltd is engaged in plantations of tea and rubber[1]
- Market Cap ₹ 304 Cr.
- Current Price ₹ 165
- High / Low ₹ 216 / 106
- Stock P/E 113
- Book Value ₹ 80.6
- Dividend Yield 0.00 %
- ROCE 12.4 %
- ROE 11.9 %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 4.90% over past five years.
- Tax rate seems low
- Earnings include an other income of Rs.8.89 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Plantation & Plantation Products Industry: Miscellaneous
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
365 | 346 | 382 | 325 | 284 | 365 | 382 | 352 | 385 | 449 | 470 | 485 | 465 | |
335 | 323 | 359 | 342 | 320 | 352 | 369 | 364 | 362 | 394 | 438 | 457 | 453 | |
Operating Profit | 30 | 22 | 24 | -17 | -36 | 13 | 13 | -12 | 24 | 55 | 31 | 27 | 12 |
OPM % | 8% | 6% | 6% | -5% | -13% | 4% | 3% | -3% | 6% | 12% | 7% | 6% | 3% |
4 | 2 | 3 | 4 | 10 | 10 | 9 | 6 | 6 | 3 | 7 | 7 | 9 | |
Interest | 17 | 15 | 15 | 14 | 14 | 14 | 13 | 14 | 16 | 14 | 11 | 12 | 13 |
Depreciation | 6 | 7 | 6 | 7 | 6 | 5 | 4 | 4 | 4 | 4 | 4 | 4 | 5 |
Profit before tax | 10 | 3 | 5 | -35 | -46 | 4 | 4 | -24 | 9 | 40 | 23 | 18 | 3 |
Tax % | 55% | 34% | 14% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | |
5 | 2 | 4 | -35 | -46 | 4 | 4 | -24 | 9 | 40 | 23 | 18 | 3 | |
EPS in Rs | 2.55 | 1.24 | 2.38 | -19.06 | -24.69 | 2.21 | 2.41 | -13.02 | 5.01 | 21.85 | 12.48 | 9.61 | 1.46 |
Dividend Payout % | 59% | 60% | 42% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 10% |
Compounded Sales Growth | |
---|---|
10 Years: | 3% |
5 Years: | 5% |
3 Years: | 8% |
TTM: | -7% |
Compounded Profit Growth | |
---|---|
10 Years: | 23% |
5 Years: | 35% |
3 Years: | 23% |
TTM: | -89% |
Stock Price CAGR | |
---|---|
10 Years: | 13% |
5 Years: | 18% |
3 Years: | 6% |
1 Year: | 54% |
Return on Equity | |
---|---|
10 Years: | -1% |
5 Years: | 12% |
3 Years: | 21% |
Last Year: | 12% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 |
Reserves | 301 | 301 | 303 | 268 | 223 | 84 | 85 | 60 | 60 | 97 | 120 | 138 | 131 |
101 | 113 | 110 | 113 | 112 | 95 | 96 | 121 | 114 | 99 | 89 | 95 | 104 | |
95 | 98 | 110 | 114 | 148 | 163 | 181 | 173 | 211 | 192 | 193 | 194 | 234 | |
Total Liabilities | 515 | 530 | 541 | 513 | 501 | 361 | 381 | 373 | 403 | 407 | 420 | 445 | 487 |
426 | 428 | 429 | 428 | 424 | 277 | 277 | 280 | 285 | 285 | 286 | 291 | 291 | |
CWIP | 1 | 5 | 2 | 2 | 1 | 8 | 11 | 10 | 13 | 22 | 36 | 58 | 68 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
89 | 97 | 109 | 83 | 76 | 76 | 93 | 83 | 106 | 100 | 98 | 97 | 127 | |
Total Assets | 515 | 530 | 541 | 513 | 501 | 361 | 381 | 373 | 403 | 407 | 420 | 445 | 487 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
42 | 20 | 26 | 10 | 13 | 21 | 20 | -7 | 33 | 41 | 38 | 31 | |
-8 | -12 | -5 | -4 | 4 | 4 | -7 | -6 | -9 | -11 | -14 | -27 | |
-32 | -6 | -20 | -14 | -15 | -31 | -12 | 11 | -23 | -32 | -21 | -5 | |
Net Cash Flow | 3 | 2 | 1 | -8 | 2 | -6 | 1 | -1 | 1 | -1 | 2 | -2 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 13 | 9 | 14 | 14 | 9 | 8 | 14 | 10 | 8 | 13 | 11 | 9 |
Inventory Days | 69 | 85 | 90 | 88 | 103 | 78 | 89 | 94 | 157 | 94 | 80 | 97 |
Days Payable | 45 | 68 | 62 | 73 | 130 | 101 | 121 | 108 | 186 | 117 | 118 | 118 |
Cash Conversion Cycle | 37 | 26 | 42 | 29 | -18 | -15 | -18 | -4 | -22 | -10 | -27 | -12 |
Working Capital Days | -15 | -20 | 5 | -21 | -70 | -58 | -55 | -79 | -72 | -44 | -46 | -45 |
ROCE % | 4% | 5% | -5% | -9% | 5% | 8% | -5% | 13% | 27% | 14% | 12% |
Documents
Announcements
- Closure of Trading Window 25 Mar
-
Clarification On Movement In Price
7 Mar - The increase or spurt in prices of shares listed on the Stock Exchanges is apparently market driven and subject to market conditions Harrisons Malayalam Limited …
-
Clarification sought from Harrisons Malayalam Ltd
24 Feb - Exchange has sought clarification from Harrisons Malayalam Ltd on February 23, 2024, with reference to significant movement in price, in order to ensure that investors …
- Outcome Of Board Meeting 9 Feb
- Board Meeting Outcome for Outcome Of Board Meeting 9 Feb
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2011
from nse
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Financial Year 2010
from bse
Business Overview:[1]
HML is a part of Rama Prasad Goenka Group (RPG) /RP-Sanjiv Goenka Group (RP-SG Enterprises). It does cultivation of tea and natural rubber. Company has 13 tea estates in Kerala and Tamil Nadu, producing CTC and orthodox tea and has 11 rubber plantations in Kerala