About Harrisons Malayalam Ltd
Data last updated:
Harrisons Malayalam Ltd is a public limited company based in Ernakulam, Kerala, India. It operates in the rubber and products segment of the manufacturing sector. It was incorporated on 05 January 1978 and has been in existence for over 48 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN L01119KL1978PLC002947. Its GSTIN is 32AAACH6769C1ZS (Kerala). The company holds 7 GST registrations, of which 5 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 500467 and NSE: HARRMALAYA.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹18.46 Cr. It was formerly known as Malayalam Plantations India Limited. It is led by directors including Cherian Manamel George (Whole-Time Director) and Santosh Kumar (Whole-Time Director).
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 24/1624 Bristow Roadwillingdon Island Cochin, Ernakulam, Kerala, India – 682003.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹539.08 Cr, a growth of 4.9% compared to the previous year. For the same year it recorded a net profit of ₹19.5 Cr (net margin 3.6%) and EBITDA of ₹24.87 Cr (EBITDA margin 4.6%). The net worth stands at ₹178.62 Cr (up 15.9% YoY). Total assets are valued at ₹333.67 Cr (up 9.8% YoY).
The company has about 4,673 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 3 brands: Harrisons Tea town, Tea Town Kerala and Harrisons Malayalam. As per MCA filings, the company has open charges of ₹197.35 Cr and satisfied charges of ₹525.23 Cr on record. Court records list 1,019 cases involving the company, including 722 filed by the company and 297 filed against it; 167 cases are pending. The company has 107 deals on record (107 market trades); the latest was in July 2024. The company has 17 MSME Form 1 returns on record between 2019 and 2024, listing 3,438 overdue payments to 78 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website harrisonsmalayalam.com.
Company details
Contact details
Harrisons Malayalam Ltd's registered office is in Ernakulam, Kerala. Its website is harrisonsmalayalam.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address24/1624 Bristow Roadwillingdon Island Cochin, Ernakulam, Kerala, India – 682003
- IndustryManufacturing, Rubber & Products
To see the full contact details of Harrisons Malayalam Ltd, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Harrisons Malayalam operates multiple associated brands including Harrisons Tea town, Tea Town Kerala, and Harrisons Malayalam. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and sells various premium teas online and for corporate gifting in India. | harrisonsteatown.com | |
| Tea, rubber products, and tissue culture services are produced. | harrisonsmalayalam.com | |
| Tea farming, tourism services, and online sales of tea and spices in Kerala. | teatownkerala.com |
Business activity
The main business activity of Harrisons Malayalam is agriculture, forestry, fishing. In detail, this covers production of crops and animals.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A1 | Production of crops and animals |
To see the full business activity and turnover split of Harrisons Malayalam Ltd, buy the company report.
Financials of Harrisons Malayalam Ltd
FY 2025-26 filings availableHarrisons Malayalam Ltd reported revenue of ₹539.08 Cr (up 4.9% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 539 | 514 | 488 | 487 | 472 | 451 | 387 |
| Revenue growth | +4.9% | +5.3% | +0.3% | +3.2% | +4.5% | +16.5% | - |
| EBITDA | 24.87 | 23.50 | 2.86 | 27.24 | 31.38 | 55.29 | 23.34 |
| EBITDA margin | +4.6% | +4.6% | +0.6% | +5.6% | +6.7% | +12.3% | +6.0% |
| Profit before tax | 29.11 | 14.89 | (7.31) | 17.77 | 23.10 | 40.41 | 9.26 |
| Net profit | 19.50 | 14.22 | 0.14 | 17.47 | 20.47 | 40.40 | 9.49 |
| Net profit margin | +3.6% | +2.8% | +0.0% | +3.6% | +4.3% | +9.0% | +2.5% |
| EPS (₹) | 15.79 | 8.07 | (3.96) | 9.63 | 12.51 | 21.90 | 5.02 |
| Balance sheet | |||||||
| Total assets | 334 | 304 | 290 | 302 | 272 | 264 | 244 |
| Net worth | 179 | 154 | 144 | 156 | 138 | 115 | 78.88 |
| Total debt | 111 | 103 | 97.56 | 95.49 | 89.13 | 99.25 | 114 |
| Cash & bank | 4.28 | 1.51 | 2.17 | 2.05 | 3.90 | 2.15 | 3.64 |
| Net working capital | (71.50) | (84.12) | (83.65) | (58.21) | (54.99) | (51.60) | (63.06) |
| Cash flow | |||||||
| Cash from operations | 25.37 | 23.35 | 32.98 | 31.26 | 37.54 | 41.12 | 33.32 |
| Cash from investing | (18.28) | (16.07) | (21.83) | (27.37) | (14.11) | (10.68) | (9.38) |
| Cash from financing | (4.34) | (7.84) | (10.96) | (5.41) | (21.46) | (31.87) | (22.98) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 125 | 147 | 141 | 134 | 116 | 137 | 142 | 137 |
| Revenue growth (YoY) | +7.3% | +7.6% | -0.8% | -2.1% | +19.3% | - | - | - |
| Other income | 3.18 | 5.59 | 3.71 | 11.75 | 2.79 | 4.02 | 2.65 | 1.71 |
| EBITDA | 5.69 | 8.60 | 8.76 | (0.68) | 8.20 | 6.57 | 13.84 | 7.35 |
| EBITDA margin | +4.6% | +5.8% | +6.2% | -0.5% | +7.0% | +4.8% | +9.7% | +5.4% |
| Depreciation | 1.61 | 1.89 | 1.81 | 1.68 | 1.58 | 2.46 | 1.70 | 1.63 |
| Interest | 3.32 | 3.18 | 3.03 | 2.97 | 3.46 | 2.95 | 3.58 | 3.32 |
| Profit before tax | 3.94 | 9.12 | 7.63 | 6.42 | 5.95 | 5.18 | 11.21 | 4.11 |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | 3.94 | 9.12 | 7.63 | 6.42 | 5.95 | 5.18 | 11.21 | 4.11 |
| EPS (₹) | 2.13 | 4.94 | 4.14 | 3.48 | 3.23 | 2.81 | 6.07 | 2.23 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 539 | 514 | 488 | 487 | 472 | 451 | 387 |
| Revenue growth | +4.9% | +5.3% | +0.3% | +3.2% | +4.5% | +16.5% | - |
| EBITDA | 24.89 | 23.51 | 2.87 | 27.25 | 31.24 | 55.31 | 23.36 |
| EBITDA margin | +4.6% | +4.6% | +0.6% | +5.6% | +6.6% | +12.3% | +6.0% |
| Profit before tax | 29.15 | 14.90 | (7.30) | 17.78 | 22.96 | 40.43 | 9.28 |
| Net profit | 19.54 | 14.23 | 0.15 | 17.48 | 20.33 | 40.42 | 9.51 |
| Net profit margin | +3.6% | +2.8% | +0.0% | +3.6% | +4.3% | +9.0% | +2.5% |
| EPS (₹) | 15.80 | 8.07 | (3.95) | 9.63 | 12.44 | 21.92 | 5.03 |
| Balance sheet | |||||||
| Total assets | 334 | 304 | 291 | 302 | 272 | 264 | 244 |
| Net worth | 179 | 154 | 144 | 156 | 138 | 115 | 79.02 |
| Total debt | 111 | 103 | 97.56 | 95.49 | 89.13 | 99.25 | 114 |
| Cash & bank | 4.28 | 1.51 | 2.17 | 2.05 | 3.90 | 2.14 | 3.61 |
| Net working capital | (71.43) | (84.07) | (83.61) | (58.17) | (54.98) | (51.60) | (63.08) |
| Cash flow | |||||||
| Cash from operations | 25.38 | 23.36 | 32.98 | 31.26 | 37.54 | 41.14 | 33.34 |
| Cash from investing | (18.30) | (16.07) | (21.83) | (27.37) | (14.12) | (10.68) | (9.38) |
| Cash from financing | (4.34) | (7.84) | (10.96) | (5.81) | (21.46) | (31.87) | (22.98) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 125 | 147 | 141 | 134 | 116 | 137 | 142 | 137 |
| Revenue growth (YoY) | +7.3% | +7.6% | -0.8% | -2.1% | +19.3% | - | - | - |
| Other income | 3.18 | 5.60 | 3.71 | 11.75 | 2.79 | 4.02 | 2.65 | 1.71 |
| Total expenses | 119 | 139 | 132 | 135 | 108 | 130 | 128 | 130 |
| EBITDA | 5.69 | 8.60 | 8.76 | (0.68) | 8.21 | 6.58 | 13.84 | 7.35 |
| EBITDA margin | +4.6% | +5.8% | +6.2% | -0.5% | +7.0% | +4.8% | +9.7% | +5.4% |
| Depreciation | 1.61 | 1.89 | 1.81 | 1.68 | 1.58 | 2.46 | 1.70 | 1.63 |
| Interest | 3.32 | 3.18 | 3.03 | 2.97 | 3.46 | 2.95 | 3.58 | 3.32 |
| Profit before tax | 3.94 | 9.13 | 7.63 | 6.42 | 5.96 | 5.19 | 11.21 | 4.11 |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 125 | 147 | 141 | 134 | 116 | 137 | 142 | 137 |
| Revenue growth (YoY) | +7.3% | +7.6% | -0.8% | -2.1% | +19.3% | - | - | - |
| Other income | 3.18 | 5.59 | 3.71 | 11.75 | 2.79 | 4.02 | 2.65 | 1.71 |
| EBITDA | 5.69 | 8.60 | 8.76 | (0.68) | 8.20 | 6.57 | 13.84 | 7.35 |
| EBITDA margin | +4.6% | +5.8% | +6.2% | -0.5% | +7.0% | +4.8% | +9.7% | +5.4% |
| Depreciation | 1.61 | 1.89 | 1.81 | 1.68 | 1.58 | 2.46 | 1.70 | 1.63 |
| Interest | 3.32 | 3.18 | 3.03 | 2.97 | 3.46 | 2.95 | 3.58 | 3.32 |
| Profit before tax | 3.94 | 9.12 | 7.63 | 6.42 | 5.95 | 5.18 | 11.21 | 4.11 |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | 3.94 | 9.12 | 7.63 | 6.42 | 5.95 | 5.18 | 11.21 | 4.11 |
| EPS (₹) | 2.13 | 4.94 | 4.14 | 3.48 | 3.23 | 2.81 | 6.07 | 2.23 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 539 | 514 | 488 | 487 | 472 | 451 | 387 |
| Revenue growth | +4.9% | +5.3% | +0.3% | +3.2% | +4.5% | +16.5% | - |
| Other income | 23.84 | 11.82 | 8.74 | 7.12 | 7.13 | 2.83 | 6.13 |
| Total expenses | 514 | 490 | 485 | 460 | 440 | 396 | 364 |
| Employee cost | 186 | 191 | 198 | 178 | 166 | 161 | 165 |
| EBITDA | 24.87 | 23.50 | 2.86 | 27.24 | 31.38 | 55.29 | 23.34 |
| EBITDA margin | +4.6% | +4.6% | +0.6% | +5.6% | +6.7% | +12.3% | +6.0% |
| Depreciation | 6.96 | 7.34 | 5.77 | 4.36 | 4.23 | 4.11 | 4.30 |
| Interest | 12.64 | 13.09 | 13.14 | 12.23 | 11.18 | 13.60 | 15.91 |
| Profit before tax | 29.11 | 14.89 | (7.31) | 17.77 | 23.10 | 40.41 | 9.26 |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | 19.50 | 14.22 | 0.14 | 17.47 | 20.47 | 40.40 | 9.49 |
| Net profit margin | +3.6% | +2.8% | +0.0% | +3.6% | +4.3% | +9.0% | +2.5% |
| EPS (₹) | 15.79 | 8.07 | (3.96) | 9.63 | 12.51 | 21.90 | 5.02 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 18.45 | 18.45 | 18.45 | 18.45 | 18.45 | 18.45 | 18.45 |
| Reserves & surplus | 160 | 136 | 125 | 138 | 120 | 96.55 | 60.43 |
| Shareholders' funds (net worth) | 179 | 154 | 144 | 156 | 138 | 115 | 78.88 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 98.83 | 91.18 | 88.35 | 89.18 | 80.82 | 84.96 | 104 |
| Unsecured loans | 12.18 | 11.71 | 9.21 | 6.31 | 8.31 | 14.29 | 10.00 |
| Total debt | 111 | 103 | 97.56 | 95.49 | 89.13 | 99.25 | 114 |
| Total liabilities | 334 | 304 | 290 | 302 | 272 | 264 | 244 |
| Assets | |||||||
| Gross block | 344 | 338 | 331 | 319 | 310 | 305 | 301 |
| Net block | 296 | 296 | 298 | 291 | 286 | 285 | 285 |
| Capital work in progress | 105 | 87.64 | 71.87 | 57.67 | 35.71 | 21.77 | 12.68 |
| Investments | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Inventories | 45.74 | 38.40 | 36.97 | 37.79 | 34.92 | 34.88 | 40.54 |
| Sundry debtors | 15.16 | 13.25 | 18.46 | 11.35 | 13.52 | 16.01 | 8.23 |
| Cash & bank balances | 4.28 | 1.51 | 2.17 | 2.05 | 3.90 | 2.15 | 3.64 |
| Loans & advances | 31.53 | 30.92 | 31.08 | 33.53 | 40.38 | 38.43 | 44.18 |
| Total current assets | 96.71 | 84.08 | 88.68 | 84.72 | 92.72 | 91.47 | 96.59 |
| Total current liabilities | 168 | 168 | 172 | 143 | 148 | 143 | 160 |
| Net working capital | (71.50) | (84.12) | (83.65) | (58.21) | (54.99) | (51.60) | (63.06) |
| Total assets | 334 | 304 | 290 | 302 | 272 | 264 | 244 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.32 | 0.87 | 0.69 | 2.61 | 0.64 | 2.08 | 1.12 |
| Net cash from operating activities | 25.37 | 23.35 | 32.98 | 31.26 | 37.54 | 41.12 | 33.32 |
| Net cash from investing activities | (18.28) | (16.07) | (21.83) | (27.37) | (14.11) | (10.68) | (9.38) |
| Net cash from financing activities | (4.34) | (7.84) | (10.96) | (5.41) | (21.46) | (31.87) | (22.98) |
| Net change in cash | 2.75 | (0.55) | 0.18 | (1.52) | 1.97 | (1.43) | 0.96 |
| Closing cash | 4.28 | 1.51 | 2.17 | 2.05 | 3.90 | 2.15 | 3.64 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +4.9% | +5.3% | +0.3% | +3.2% | +4.5% | +16.5% | - |
| EBITDA growth | +5.8% | +721.7% | -89.5% | -13.2% | -43.2% | +136.9% | - |
| PBT growth | +95.5% | +9998.0% | - | -23.1% | -42.8% | +336.4% | +9998.0% |
| Net income growth | +37.1% | - | -99.2% | -14.7% | -49.3% | +325.7% | - |
| Revenue CAGR (3Y) | +3.5% | +2.9% | +2.7% | +7.9% | +10.1% | +5.6% | +1.8% |
| EBITDA CAGR (3Y) | -3.0% | -9.2% | -62.7% | +5.3% | - | +63.9% | +21.8% |
| Profitability & leverage | |||||||
| Net income margin | +5.4% | +2.9% | -1.5% | +3.7% | +4.9% | +9.0% | +2.4% |
| Return on capital employed | +10.1% | +9.4% | +4.5% | +10.5% | +11.8% | +20.9% | +10.2% |
| Return on net worth | +11.7% | +10.0% | +0.1% | +12.1% | +16.2% | +39.8% | +11.1% |
| Debt / equity | 0.64 | 0.67 | 0.64 | 0.63 | 0.74 | 1.10 | 1.49 |
| Long-term debt / equity | 0.44 | 0.42 | 0.41 | 0.43 | 0.42 | 0.54 | 0.79 |
| Interest cover | 70.58 | 81.00 | -451.55 | 53.45 | 41.18 | 26.57 | 83.56 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.58 | 1.54 | 1.50 | 1.55 | 1.54 | 1.49 | 1.31 |
| Inventory turnover | 12.81 | 13.64 | 13.06 | 13.39 | 13.51 | 11.96 | 11.06 |
| Debtors turnover | 37.95 | 32.41 | 32.75 | 39.15 | 31.94 | 37.22 | 42.94 |
| EPS (₹) | 15.79 | 8.07 | (3.96) | 9.63 | 12.51 | 21.90 | 5.02 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 96.79 | 83.52 | 77.97 | 84.62 | 74.77 | 62.32 | 42.75 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 125 | 147 | 141 | 134 | 116 | 137 | 142 | 137 |
| Revenue growth (YoY) | +7.3% | +7.6% | -0.8% | -2.1% | +19.3% | - | - | - |
| Other income | 3.18 | 5.60 | 3.71 | 11.75 | 2.79 | 4.02 | 2.65 | 1.71 |
| Total expenses | 119 | 139 | 132 | 135 | 108 | 130 | 128 | 130 |
| EBITDA | 5.69 | 8.60 | 8.76 | (0.68) | 8.21 | 6.58 | 13.84 | 7.35 |
| EBITDA margin | +4.6% | +5.8% | +6.2% | -0.5% | +7.0% | +4.8% | +9.7% | +5.4% |
| Depreciation | 1.61 | 1.89 | 1.81 | 1.68 | 1.58 | 2.46 | 1.70 | 1.63 |
| Interest | 3.32 | 3.18 | 3.03 | 2.97 | 3.46 | 2.95 | 3.58 | 3.32 |
| Profit before tax | 3.94 | 9.13 | 7.63 | 6.42 | 5.96 | 5.19 | 11.21 | 4.11 |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 539 | 514 | 488 | 487 | 472 | 451 | 387 |
| Revenue growth | +4.9% | +5.3% | +0.3% | +3.2% | +4.5% | +16.5% | - |
| Other income | 23.86 | 11.82 | 8.74 | 7.12 | 7.13 | 2.83 | 6.13 |
| Total expenses | 514 | 490 | 485 | 460 | 440 | 396 | 364 |
| Employee cost | 186 | 191 | 198 | 178 | 166 | 161 | 165 |
| EBITDA | 24.89 | 23.51 | 2.87 | 27.25 | 31.24 | 55.31 | 23.36 |
| EBITDA margin | +4.6% | +4.6% | +0.6% | +5.6% | +6.6% | +12.3% | +6.0% |
| Depreciation | 6.96 | 7.34 | 5.77 | 4.36 | 4.23 | 4.11 | 4.30 |
| Interest | 12.64 | 13.09 | 13.14 | 12.23 | 11.18 | 13.60 | 15.91 |
| Profit before tax | 29.15 | 14.90 | (7.30) | 17.78 | 22.96 | 40.43 | 9.28 |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | 19.54 | 14.23 | 0.15 | 17.48 | 20.33 | 40.42 | 9.51 |
| Net profit margin | +3.6% | +2.8% | +0.0% | +3.6% | +4.3% | +9.0% | +2.5% |
| EPS (₹) | 15.80 | 8.07 | (3.95) | 9.63 | 12.44 | 21.92 | 5.03 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 18.45 | 18.45 | 18.45 | 18.45 | 18.45 | 18.45 | 18.45 |
| Reserves & surplus | 160 | 136 | 125 | 138 | 120 | 96.70 | 60.57 |
| Shareholders' funds (net worth) | 179 | 154 | 144 | 156 | 138 | 115 | 79.02 |
| Secured loans | 98.83 | 91.18 | 88.35 | 89.18 | 80.82 | 84.96 | 104 |
| Unsecured loans | 12.18 | 11.71 | 9.21 | 6.31 | 8.31 | 14.29 | 10.00 |
| Total debt | 111 | 103 | 97.56 | 95.49 | 89.13 | 99.25 | 114 |
| Total liabilities | 334 | 304 | 291 | 302 | 272 | 264 | 244 |
| Assets | |||||||
| Gross block | 344 | 338 | 331 | 319 | 310 | 305 | 301 |
| Net block | 296 | 296 | 298 | 291 | 286 | 285 | 285 |
| Capital work in progress | 105 | 87.64 | 71.87 | 57.67 | 35.71 | 21.77 | 12.68 |
| Investments | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.16 | 0.16 |
| Inventories | 45.74 | 38.40 | 36.97 | 37.79 | 34.92 | 34.88 | 40.54 |
| Sundry debtors | 15.16 | 13.25 | 18.46 | 11.35 | 13.52 | 16.01 | 8.23 |
| Cash & bank balances | 4.28 | 1.51 | 2.17 | 2.05 | 3.90 | 2.14 | 3.61 |
| Loans & advances | 31.60 | 30.97 | 31.12 | 33.56 | 40.39 | 38.43 | 44.18 |
| Total current assets | 96.78 | 84.13 | 88.72 | 84.75 | 92.73 | 91.46 | 96.56 |
| Total current liabilities | 168 | 168 | 172 | 143 | 148 | 143 | 160 |
| Net working capital | (71.43) | (84.07) | (83.61) | (58.17) | (54.98) | (51.60) | (63.08) |
| Total assets | 334 | 304 | 291 | 302 | 272 | 264 | 244 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.32 | 0.87 | 0.69 | 2.60 | 0.64 | 2.05 | 1.08 |
| Net cash from operating activities | 25.38 | 23.36 | 32.98 | 31.26 | 37.54 | 41.14 | 33.34 |
| Net cash from investing activities | (18.30) | (16.07) | (21.83) | (27.37) | (14.12) | (10.68) | (9.38) |
| Net cash from financing activities | (4.34) | (7.84) | (10.96) | (5.81) | (21.46) | (31.87) | (22.98) |
| Net change in cash | 2.75 | (0.55) | 0.18 | (1.92) | 1.97 | (1.42) | 0.98 |
| Closing cash | 4.28 | 1.51 | 2.17 | 2.05 | 3.90 | 2.14 | 3.61 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +4.9% | +5.3% | +0.3% | +3.2% | +4.5% | +16.5% | - |
| EBITDA growth | +5.9% | +719.2% | -89.5% | -12.8% | -43.5% | +136.8% | - |
| PBT growth | +95.6% | +9998.0% | - | -22.6% | -43.2% | +335.7% | +9998.0% |
| Net income growth | +37.3% | +9386.7% | -99.1% | -14.0% | -49.7% | +325.0% | - |
| Revenue CAGR (3Y) | +3.5% | +2.9% | +2.7% | +7.9% | +10.1% | +5.6% | +1.8% |
| EBITDA CAGR (3Y) | -3.0% | -9.0% | -62.7% | +5.3% | - | +64.0% | +21.8% |
| Profitability & leverage | |||||||
| Net income margin | +5.4% | +2.9% | -1.5% | +3.7% | +4.9% | +9.0% | +2.4% |
| Return on capital employed | - | +9.4% | +4.5% | +10.5% | +11.8% | +20.9% | +10.2% |
| Return on net worth | - | +10.0% | +0.1% | +12.1% | +16.1% | +39.8% | +11.1% |
| Debt / equity | - | 0.67 | 0.64 | 0.63 | 0.74 | 1.10 | 1.49 |
| Long-term debt / equity | - | 0.38 | 0.41 | 0.43 | 0.42 | 0.54 | 0.79 |
| Interest cover | 70.50 | 80.95 | -453.10 | 53.43 | 41.39 | 26.56 | 83.47 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 1.54 | 1.50 | 1.55 | 1.54 | 1.49 | 1.31 |
| Inventory turnover | - | 13.64 | 13.06 | 13.39 | 13.51 | 11.96 | 11.06 |
| Debtors turnover | - | 32.41 | 32.75 | 39.15 | 31.94 | 37.22 | 42.94 |
| EPS (₹) | 15.80 | 8.07 | (3.95) | 9.63 | 12.44 | 21.92 | 5.03 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 96.83 | 83.55 | 77.99 | 84.64 | 74.78 | 62.40 | 42.82 |
To see the full year-wise statements and ratios of Harrisons Malayalam Ltd, buy the company report.
Board of directors of Harrisons Malayalam Ltd
Harrisons Malayalam has 8 current directors and 26 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Cherian Manamel George Also directs: Malayalam Plantations Limited | Whole-Time Director | 13 Feb 2019 | 7 Years 8 Months | Current |
| Vinayaraghavan Corattiyil | Director | 11 Nov 2019 | 6 Years 11 Months | Current |
| Kaushik Roy Also directs: Stel Holdings Limited, Aquapharm Chemical Limited, Nanovace Technologies Limited and 1 more | Director | 16 Feb 2015 | 11 Years 8 Months | Current |
| Rajat Bhargava Also directs: Spencer International Hotels Limited, RPG Life Sciences Limited, RPG Active Pharma Limited and 2 more | Director | 06 Aug 2022 | 4 Years 2 Months | Current |
| Padmanabhapanicker Rajagopalan Also directs: Spencer and Company Limited | Director | 30 May 2013 | 13 Years 4 Months | Current |
| Rusha Mitra | Director | 11 Feb 2021 | 5 Years 8 Months | Current |
Auditor
Harrisons Malayalam Ltd is audited by Walker Chandiok & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co LLP | FY 2023 | 001076N/N500013 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 54.10%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.10% and retail and other public shareholders hold 45.80%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 54.10% | 54.10% | 54.10% | 54.10% |
| Public | 45.90% | 45.90% | 45.90% | 45.90% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Mar 2026 | 101276013 | Idbi Bank Limited | ₹25 Cr | Open | |
| 21 Mar 2026 | 101279138 | Dhanlaxmi Bank Limited | ₹17 Lakh | Open | |
| 21 Mar 2026 | 101279147 | Dhanlaxmi Bank Limited | ₹4.54 Lakh | Open | |
| 21 Mar 2026 | 101279206 | Dhanlaxmi Bank Limited | ₹5.75 Lakh | Open | |
| 10 Nov 2025 | 101198361 | Dhanlaxmi Bank Limited | ₹29 Lakh | Open |
To see the full charge records of Harrisons Malayalam Ltd, buy the company report.
Total charge records: 173 View all charges
Deals & funding
Harrisons Malayalam Ltd has 107 deals on record (107 market trades); the latest was in July 2024.
Deals on record (5 of 107)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2024 | Market trade | ₹2.44 Cr | Seller: Wallfort Financial Services Limited |
| Jul 2024 | Market trade | ₹6.58 Cr | Buyer: Graviton Research Capital LLP , an individual Seller: Graviton Research Capital LLP , an individual |
| Dec 2023 | Market trade | ₹5.93 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| May 2021 | Market trade | ₹2.01 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| May 2021 | Market trade | ₹2.59 Cr | Buyer: Orion Stocks Limited Seller: Orion Stocks Limited |
To see the full deal history of Harrisons Malayalam Ltd, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Harrisons Malayalam Ltd has 1,019 court cases on record: 722 filed by Harrisons Malayalam, 297 filed against it. 167 cases are pending and 852 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 647 | 195 | 91 |
| District courts | 352 | 96 | 74 |
| Supreme Court | 20 | 6 | 2 |
Cases on record (5 of 1,019)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against Kerala Transport Development Finance Corporation Limited and 1 other | Pending |
| District court, Idukki, Kerala | Civil suit | Filed against the company by an individual | Pending |
| High Court of Kerala | Court case (WP(Crl.)) | Filed against the company | Pending |
| District court, Ernakulam, Kerala | Appeal | Filed against the company by an individual | Pending |
| District court, Idukki, Kerala | Civil suit | Filed against the company by State of Kerala Represented by District Collector, Idukki | Pending |
To see the full case history of Harrisons Malayalam Ltd, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Harrisons Malayalam Ltd was last rated by Care on 06 Oct 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 06 Oct 2021 |
To see the full credit ratings and regulatory alerts of Harrisons Malayalam Ltd, buy the company report.
MSME payment delays
Harrisons Malayalam Ltd has 17 MSME Form 1 returns on record between 2019 and 2024, listing 3,438 overdue payments to 78 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 78)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Harrisons Malayalam Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Harrisons Malayalam has 2 subsidiary companies. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Harmony Plantations Limited | U01100KL2012PLC030469 | |
| Enchanting Plantations Limited | U01116KL2012PLC030473 |
To see the full group structure of Harrisons Malayalam Ltd, buy the company report.
Employees & EPFO
Harrisons Malayalam Ltd has a workforce of 4,673 employees on its EPFO records as of Apr 08, 2024, across 14 active EPFO establishments.
GST
Harrisons Malayalam has 7 GST registrations: 5 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAACH6769C1ZS | Kerala | Active | 01 Jul 2017 |
| 19AAACH6769C1ZG | West Bengal | Active | 01 Jul 2017 |
| 27AAACH6769C1ZJ | Maharashtra | Active | 01 Jul 2017 |
| 29AAACH6769C1ZF | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Harrisons Malayalam Ltd, buy the company report.
Recent activity
Harrisons Malayalam Ltd has 57 board changes on record since 1978: 33 appointments and 24 cessations. The latest: Santosh Kumar was appointed as Whole-Time Director on 01 Aug 2024.
365 earlier events are in the company report.
News
Frequently asked questions
Harrisons Malayalam is an active public limited company based in Ernakulam, Kerala, India. The company works in rubber and products, within the manufacturing industry. It was incorporated on 05 January 1978 (48+ years old) and is registered under CIN L01119KL1978PLC002947. Listed on BSE: 500467 and NSE: HARRMALAYA.
Harrisons Malayalam reported revenue of ₹539.08 Cr for FY 2025-26 (up 4.9% YoY) based on consolidated financials.
Harrisons Malayalam has 8 current directors:
- Cherian Manamel George - Whole-Time Director
- Santosh Kumar - Whole-Time Director
- Vinayaraghavan Corattiyil - Director
- Kaushik Roy - Director
- Rajat Bhargava - Director
- Padmanabhapanicker Rajagopalan - Director
- Rusha Mitra - Director
- Noshir Naval Framjee - Director
The latest financial statements of Harrisons Malayalam on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 23 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Harrisons Malayalam is 32AAACH6769C1ZS, registered in Kerala. The company has 7 GST registrations in all, of which 5 are active and 2 are cancelled or inactive. Other active GSTINs include 19AAACH6769C1ZG (West Bengal), 27AAACH6769C1ZJ (Maharashtra), 29AAACH6769C1ZF (Karnataka).
The CIN (Corporate Identification Number) of Harrisons Malayalam is L01119KL1978PLC002947. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Harrisons Malayalam is a listed company as per MCA records. Its shares are listed on both BSE (code: 500467) and NSE (symbol: HARRMALAYA).
Harrisons Malayalam has 1,019 court cases on record: 722 filed by the company and 297 filed against it. 167 are pending. Most are in the high courts.
Harrisons Malayalam was incorporated on 05 January 1978, making it 48+ years old. It is registered with the Registrar of Companies, Ernakulam.
Harrisons Malayalam has 107 deals on record (107 market trades); the latest was in July 2024.
Santosh Kumar was appointed as Whole-Time Director on 01 Aug 2024. Venkitraman Anand ceased to be Whole-Time Director on 01 Aug 2024. Sajish George was appointed as CFO on 16 Oct 2023. Harrisons Malayalam has 57 board changes on record in total.