company background image
5004

Harrisons MalayalamBSE:500467 Stock Report

Market Cap

₹3.5b

7D

-2.4%

1Y

110.4%

Updated

14 Oct, 2021

Data

Company Financials
500467 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance6/6
Financial Health2/6
Dividends0/6

500467 Overview

Harrisons Malayalam Limited plants and sells tea and rubber in India.

Price History & Performance

Summary of all time highs, changes and price drops for Harrisons Malayalam
Historical stock prices
Current Share Price₹187.85
52 Week High₹87.00
52 Week Low₹250.00
Beta0.61
1 Month Change-4.43%
3 Month Change-14.01%
1 Year Change110.36%
3 Year Change113.47%
5 Year Change150.13%
Change since IPO59.87%

Recent News & Updates

Shareholder Returns

500467IN FoodIN Market
7D-2.4%1.2%3.2%
1Y110.4%37.7%64.8%

Return vs Industry: 500467 exceeded the Indian Food industry which returned 37.7% over the past year.

Return vs Market: 500467 exceeded the Indian Market which returned 64.8% over the past year.

Price Volatility

Is 500467's price volatile compared to industry and market?
500467 volatility
500467 Beta0.61
Industry Beta0.67
Market Beta1

Stable Share Price: 500467 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 500467's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19789,750n/ahttps://harrisonsmalayalam.com

Harrisons Malayalam Limited plants and sells tea and rubber in India. It operates in three segments: Tea, Rubber, and Others. The company offers CTC and orthodox, custom blended, and organic teas; and latex, crepe, block, and sheet rubber products.

Harrisons Malayalam Fundamentals Summary

How do Harrisons Malayalam's earnings and revenue compare to its market cap?
500467 fundamental statistics
Market Cap₹3.47b
Earnings (TTM)₹498.10m
Revenue (TTM)₹4.83b

7.0x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
500467 income statement (TTM)
Revenue₹4.83b
Cost of Revenue₹1.45b
Gross Profit₹3.38b
Expenses₹2.88b
Earnings₹498.10m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Nov 14, 2021

Earnings per share (EPS)26.99
Gross Margin69.99%
Net Profit Margin10.31%
Debt/Equity Ratio71.9%

How did 500467 perform over the long term?

See historical performance and comparison

Valuation

Is Harrisons Malayalam undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 500467 (₹187.85) is trading below our estimate of fair value (₹385.92)

Significantly Below Fair Value: 500467 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 500467 is good value based on its PE Ratio (7x) compared to the Indian Food industry average (18.4x).

PE vs Market: 500467 is good value based on its PE Ratio (7x) compared to the Indian market (21.9x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 500467's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 500467 is overvalued based on its PB Ratio (3x) compared to the IN Food industry average (1.7x).


Future Growth

How is Harrisons Malayalam forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

18.8%

Forecasted Food, Beverage & Tobacco industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Harrisons Malayalam has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Harrisons Malayalam performed over the past 5 years?

58.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 500467 has high quality earnings.

Growing Profit Margin: 500467's current net profit margins (10.3%) are higher than last year (2.3%).


Past Earnings Growth Analysis

Earnings Trend: 500467 has become profitable over the past 5 years, growing earnings by 58.4% per year.

Accelerating Growth: 500467's earnings growth over the past year (484.4%) exceeds its 5-year average (58.4% per year).

Earnings vs Industry: 500467 earnings growth over the past year (484.4%) exceeded the Food industry 14.4%.


Return on Equity

High ROE: 500467's Return on Equity (43.3%) is considered outstanding.


Financial Health

How is Harrisons Malayalam's financial position?


Financial Position Analysis

Short Term Liabilities: 500467's short term assets (₹914.6M) do not cover its short term liabilities (₹1.9B).

Long Term Liabilities: 500467's short term assets (₹914.6M) do not cover its long term liabilities (₹970.0M).


Debt to Equity History and Analysis

Debt Level: 500467's debt to equity ratio (71.9%) is considered high.

Reducing Debt: 500467's debt to equity ratio has increased from 52.4% to 71.9% over the past 5 years.

Debt Coverage: 500467's debt is well covered by operating cash flow (49.7%).

Interest Coverage: 500467's interest payments on its debt are well covered by EBIT (4.6x coverage).


Balance Sheet


Dividend

What is Harrisons Malayalam current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 500467's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 500467's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 500467's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 500467's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 500467 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 500467's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.3yrs

Average management tenure


CEO

Harrisons Malayalam has no CEO, or we have no data on them.


Leadership Team

Experienced Management: 500467's management team is considered experienced (4.3 years average tenure).


Board Members

Experienced Board: 500467's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Harrisons Malayalam Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Harrisons Malayalam Limited
  • Ticker: 500467
  • Exchange: BSE
  • Founded: 1978
  • Industry: Agricultural Products
  • Sector: Food, Beverage & Tobacco
  • Market Cap: ₹3.467b
  • Shares outstanding: 18.46m
  • Website: https://harrisonsmalayalam.com

Number of Employees


Location

  • Harrisons Malayalam Limited
  • 24/1624, Bristow Road
  • Willingdon Island
  • Kochi
  • Kerala
  • 682003
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/14 15:35
End of Day Share Price2021/10/14 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.