Harrisons Malayalam Limited plants and sells tea and rubber in India.
Price History & Performance
|Historical stock prices|
|Current Share Price||₹187.85|
|52 Week High||₹87.00|
|52 Week Low||₹250.00|
|1 Month Change||-4.43%|
|3 Month Change||-14.01%|
|1 Year Change||110.36%|
|3 Year Change||113.47%|
|5 Year Change||150.13%|
|Change since IPO||59.87%|
Recent News & Updates
|500467||IN Food||IN Market|
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.
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
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
|500467 fundamental statistics|
Is 500467 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|500467 income statement (TTM)|
|Cost of Revenue||₹1.45b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Nov 14, 2021
|Earnings per share (EPS)||26.99|
|Net Profit Margin||10.31%|
How did 500467 perform over the long term?See historical performance and comparison
Is Harrisons Malayalam undervalued compared to its fair value and its price relative to the market?
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).
How is Harrisons Malayalam forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
How has Harrisons Malayalam performed over the past 5 years?
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.
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).
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Harrisons Malayalam has no CEO, or we have no data on them.
Experienced Management: 500467's management team is considered experienced (4.3 years average tenure).
Experienced Board: 500467's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Harrisons Malayalam Limited's employee growth, exchange listings and data sources
- 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
- Harrisons Malayalam Limited
- 24/1624, Bristow Road
- Willingdon Island
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/14 15:35|
|End of Day Share Price||2021/10/14 00:00|
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.