Harischandra Mills (COSE:HARI.N0000) - Stock Price, News & Analysis

HARI.N0000 Stock Overview

Together with its subsidiary, Harischandra Mills (Distributors) Limited, manufactures and distributes food products in Sri Lanka. More details

HARI.N0000 fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	3/6
Financial Health	5/6
Dividends	2/6

Risk Analysis

Shares are highly illiquid

Does not have a meaningful market cap (LKR8B)

Harischandra Mills PLC Competitors

Namunukula Plantations

COSE:NAMU.N0000

LK₨8.6b

Three Acre Farms

COSE:TAFL.N0000

LK₨7.3b

Talawakelle Tea Estates

COSE:TPL.N0000

LK₨6.0b

Lanka Milk Foods (CWE)

COSE:LMF.N0000

LK₨13.0b

Price History & Performance

Summary of all time highs, changes and price drops for Harischandra Mills
Historical stock prices
Current Share Price	LK₨4,040.50
52 Week High	LK₨5,125.00
52 Week Low	LK₨3,510.75
Beta	0.42
11 Month Change	0%
3 Month Change	-8.17%
1 Year Change	n/a
33 Year Change	15.21%
5 Year Change	164.31%
Change since IPO	8,878.89%

Recent updates

Shareholder Returns

	HARI.N0000	LK Food	LK Market
7D	0%	-2.4%	-1.6%
1Y	n/a	20.8%	18.6%

Return vs Industry: Insufficient data to determine how HARI.N0000 performed against the LK Food industry.

Return vs Market: Insufficient data to determine how HARI.N0000 performed against the LK Market.

Price Volatility

Is HARI.N0000's price volatile compared to industry and market?
HARI.N0000 volatility
HARI.N0000 Average Weekly Movement	n/a
Food Industry Average Movement	4.3%
Market Average Movement	4.4%
10% most volatile stocks in LK Market	6.7%
10% least volatile stocks in LK Market	3.0%

Stable Share Price: HARI.N0000's share price has been volatile over the past 3 months compared to the LK market.

Volatility Over Time: Insufficient data to determine HARI.N0000's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1943	624	S. Samarasinghe	harischandramills.com

Harischandra Mills PLC, together with its subsidiary, Harischandra Mills (Distributors) Limited, manufactures and distributes food products in Sri Lanka. It operates through Food Products; Soap Products; and Fuel and Lubricants segments. The company offers coffee, noodles, papadams, chutneys, coconut vinegar, flour, gingelly rolls, instant products, pastes, pickles, sambols, soya sauces, and spices.

Harischandra Mills PLC Fundamentals Summary

How do Harischandra Mills's earnings and revenue compare to its market cap?
HARI.N0000 fundamental statistics
Market cap	LK₨7.76b
Earnings (TTM)	LK₨172.58m
Revenue (TTM)	LK₨6.30b

44.9x

P/E Ratio

1.2x

P/S Ratio

Is HARI.N0000 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HARI.N0000 income statement (TTM)
Revenue	LK₨6.30b
Cost of Revenue	LK₨5.13b
Gross Profit	LK₨1.17b
Other Expenses	LK₨999.43m
Earnings	LK₨172.58m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	89.91
Gross Margin	18.60%
Net Profit Margin	2.74%
Debt/Equity Ratio	9.4%

How did HARI.N0000 perform over the long term?

See historical performance and comparison

Dividends

2.0%

Current Dividend Yield

44%

Payout Ratio

HARI.N0000 Stock Overview

Risk Analysis

Harischandra Mills PLC Competitors

COSE:NAMU.N0000

LK₨8.6b

COSE:TAFL.N0000

LK₨7.3b

COSE:TPL.N0000

LK₨6.0b

COSE:LMF.N0000

LK₨13.0b

Price History & Performance

Recent News & Updates

Second quarter 2025 earnings released: EPS: LK₨31.97 (vs LK₨38.60 in 2Q 2024)

Dividend of LK₨40.00 announced

First quarter 2025 earnings released: EPS: LK₨15.38 (vs LK₨35.88 in 1Q 2024)

Harischandra Mills PLC, Annual General Meeting, Sep 04, 2024

Final dividend of LK₨40.00 announced

Full year 2024 earnings released: EPS: LK₨118 (vs LK₨46.99 in FY 2023)

Recent updates

Second quarter 2025 earnings released: EPS: LK₨31.97 (vs LK₨38.60 in 2Q 2024)

Dividend of LK₨40.00 announced

First quarter 2025 earnings released: EPS: LK₨15.38 (vs LK₨35.88 in 1Q 2024)

Harischandra Mills PLC, Annual General Meeting, Sep 04, 2024

Final dividend of LK₨40.00 announced

Full year 2024 earnings released: EPS: LK₨118 (vs LK₨46.99 in FY 2023)

Less than half of directors are independent

Less than half of directors are independent

Third quarter 2024 earnings released: EPS: LK₨45.13 (vs LK₨7.09 loss in 3Q 2023)

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Second quarter 2024 earnings released: EPS: LK₨38.60 (vs LK₨14.27 in 2Q 2023)

Less than half of directors are independent

Less than half of directors are independent

Harischandra Mills plc Recommends Final Dividend for the Financial Year Ended 31 March 2023

New major risk - Revenue and earnings growth

First quarter 2024 earnings released: EPS: LK₨35.88 (vs LK₨17.24 in 1Q 2023)

Harischandra Mills PLC, Annual General Meeting, Sep 09, 2023

Full year 2023 earnings released: EPS: LK₨48.24 (vs LK₨109 in FY 2022)

Less than half of directors are independent

Third quarter 2023 earnings released: LK₨7.09 loss per share (vs LK₨30.92 profit in 3Q 2022)

Less than half of directors are independent

Second quarter 2023 earnings released: EPS: LK₨14.27 (vs LK₨39.42 in 2Q 2022)

Less than half of directors are independent

M. A. Bastiansz Retires as the Chairman and A Director of Harischandra Mills PLC's Board

Upcoming dividend of LK₨30.00 per share

Harischandra Mills PLC, Annual General Meeting, Sep 24, 2022

Harischandra Mills PLC, Annual General Meeting, Sep 24, 2022

Investor sentiment improved over the past week

First quarter 2023 earnings released: EPS: LK₨18.01 (vs LK₨21.52 in 1Q 2022)

Investor sentiment deteriorated over the past week

Less than half of directors are independent

Less than half of directors are independent

Full year 2022 earnings released: EPS: LK₨111 (vs LK₨92.14 in FY 2021)

Investor sentiment improved over the past week

Less than half of directors are independent

Less than half of directors are independent

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Second quarter 2022 earnings released: EPS LK₨39.42 (vs LK₨30.74 in 2Q 2021)

Upcoming dividend of LK₨30.00 per share

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS LK₨20.29 (vs LK₨28.10 in 3Q 2020)

Investor sentiment improved over the past week

New 90-day high: LK₨4,189

New 90-day high: LK₨2,508

Investor sentiment improved over the past week

Second quarter 2021 earnings released: EPS LK₨30.74

New 90-day high: LK₨2,164

Shareholder Returns

Price Volatility

About the Company

Harischandra Mills PLC Fundamentals Summary

44.9x

1.2x

Earnings & Revenue