Harrisons Malayalam Ltd (HARRMALAYA) AI Stock Analysis

• Market Cap: ₹4.08B
• Dividend Yield: N/A
• Average Volume (3M): 1.94K
• Price to Earnings (P/E): 15.4
• Beta (1Y): 1.11
• Revenue Growth: 8.73%
• EPS Growth: N/A
• Country: IN
• Employees: 7,669
• Sector: Consumer Goods
• Sector Strength: N/A
• Industry: Agricultural Farm Products
• EPS (TTM): 3.23
• Shares Outstanding: 18,455,404
• 10 Day Avg. Volume: 3,361
• 30 Day Avg. Volume: 1,938
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹238.00
• Price Target Upside: 9.53% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 69 Neutral
• Price Target: ₹238.00 ▲(9.53% Upside)

Harrisons Malayalam Ltd's overall stock score reflects solid financial performance and a reasonable valuation. The company's strong cash flow generation and profitability recovery are significant strengths. However, technical indicators suggest a neutral to slightly bearish short-term trend, and the absence of a dividend yield may limit appeal to some investors.

Harrisons Malayalam Ltd Business Overview & Revenue Model

Company Description

Harrisons Malayalam Ltd (HARRMALAYA) is a prominent Indian agribusiness company primarily engaged in the cultivation and processing of agricultural products. It operates in sectors such as tea and rubber plantations, and its core products include tea, rubber, pineapple, and other spices. As one of the largest plantation companies in South India, Harrisons Malayalam Ltd plays a significant role in the agrarian economy of the region.

How the Company Makes Money

Harrisons Malayalam Ltd generates revenue through the cultivation, processing, and sale of its agricultural products, primarily tea and rubber. The company operates extensive tea and rubber plantations, and its revenue streams include the sale of these commodities in both domestic and international markets. The company also engages in the marketing of other agricultural products such as pineapple and spices. Significant partnerships with buyers and distributors, as well as strategic market positioning in the agribusiness sector, contribute to its earnings. Additionally, the company may leverage its expertise in plantation management to offer consultancy services, although the primary income stems from the sale of its agricultural produce.

Harrisons Malayalam Ltd Financial Statement Overview

Summary

Harrisons Malayalam Ltd demonstrates solid financial performance with strong margins and cash flow generation. The company shows resilience in revenue growth and profitability recovery. However, significant liabilities and slightly declining free cash flow growth are challenges that need strategic management.

Income Statement

Harrisons Malayalam Ltd shows a strong gross profit margin, reflecting efficient cost management. The net profit margin has improved, turning positive in the latest year after a loss in the previous period. Revenue growth is modest but consistent, with a notable recovery in EBIT and EBITDA margins. However, these margins remain lower than peak levels seen in earlier years, indicating room for improvement.

Balance Sheet

The debt-to-equity ratio is relatively stable, suggesting manageable leverage levels. The return on equity has improved, reflecting better profitability. The equity ratio indicates a solid portion of assets funded by equity. However, the total liabilities remain significant, which could pose risks in adverse conditions.

Cash Flow

The company exhibits strong operating cash flow generation relative to net income, indicating good cash conversion. The free cash flow has been positive but shows a declining trend, which may limit financial flexibility. The free cash flow to net income ratio is favorable, suggesting efficient capital expenditure management.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	5.14B	4.59B	4.59B	4.48B	4.21B
Gross Profit	3.26B	2.66B	2.73B	2.56B	2.58B
EBITDA	353.18M	111.41M	343.61M	384.97M	575.78M
Net Income	148.88M	-73.03M	177.66M	230.90M	404.24M
Balance Sheet
Total Assets	4.72B	4.63B	4.45B	4.20B	4.07B
Cash, Cash Equivalents and Short-Term Investments	49.94M	21.69M	14.22M	39.05M	20.86M
Total Debt	1.03B	975.58M	954.80M	891.31M	992.46M
Total Liabilities	3.18B	3.19B	2.89B	2.82B	2.92B
Stockholders Equity	1.54B	1.44B	1.56B	1.38B	1.15B
Cash Flow
Free Cash Flow	63.10M	107.59M	33.82M	205.20M	302.52M
Operating Cash Flow	233.55M	329.81M	312.62M	375.35M	411.18M
Investing Cash Flow	-160.67M	-218.33M	-273.70M	-141.20M	-106.82M
Financing Cash Flow	-78.38M	-109.63M	-58.08M	-214.55M	-318.71M

Harrisons Malayalam Ltd Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 217.30
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:HARRMALAYA, the sentiment is Positive. The current price of 217.3 is above the 20-day moving average (MA) of 212.12, above the 50-day MA of 214.21, and below the 200-day MA of 234.32, indicating a neutral trend. The MACD of -1.04 indicates Negative momentum. The RSI at 55.65 is Neutral, neither overbought nor oversold. The STOCH value of 31.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:HARRMALAYA.

Harrisons Malayalam Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HARRMALAYA	69 Neutral	₹4.08B	15.41		―	8.73%	―
ASPINWALL	65 Neutral	₹2.13B	28.03		2.39%	12.00%	-40.85%
GROBTEA	64 Neutral	₹1.28B	20.33		0.27%	9.17%	124.97%
JAYSREETEA	58 Neutral	₹3.29B	4.60		0.44%	19.29%	―
Sector *	57 Neutral	$3.22B	9.46	-34.32%	2.94%	-25.56%	-353.61%
PKTEA	45 Neutral	₹1.92B	34.95		0.16%	2.60%	-9.02%