Harrisons Malayalam Ltd.

BSE: HARRMALAYA500467ISIN INE544A01019

Industrials
Rubber

Share price

₹163.35-1.70 (-1.03%)

as of 3 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹235.80
52W low: ₹150.65
Off 52W high: -30.73%
1M return: -8.74%
3M return: -24.32%
6M return: -28.25%
1Y return: -17.48%
20D avg volume: 509
50 DMA: ₹178.20
200 DMA: ₹191.16

Key ratios Consolidated

Market cap: ₹301.47 Cr
Current price: ₹163.35
52W high / low: ₹235.80 / ₹150.65
Face value: ₹10.00
P/E: 11.12
P/B: 1.69
EPS (TTM): ₹14.69
Book value / share: ₹96.79
ROE: —
ROCE: 14.50%
Operating margin: —
Net margin: —
Debt / equity: 0.60
Net debt: ₹104.60 Cr
Interest cover: 3.30
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: -0.3 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	124.92	147.13	141.09	134.40	116.46	136.71	142.25	137.30	97.66	140.98	129.56	121.73
	3.18	5.59	3.71	11.76	2.79	4.02	2.65	1.71	3.44	2.38	2.63	1.52
	128.10	152.72	144.80	146.16	119.25	140.73	144.90	139.01	101.10	143.37	132.18	123.25
	124.17	143.60	137.17	139.74	113.29	135.54	133.69	134.90	106.71	145.34	125.50	125.40
	25.08	32.19	32.78	31.76	21.03	26.24	25.87	20.71	15.69	27.66	27.20	29.11
	21.57	24.54	20.84	18.49	22.15	23.80	21.85	28.30	24.76	15.47	10.13	10.79
	46.87	37.56	45.93	51.31	44.78	41.24	48.89	50.47	41.53	43.11	49.36	52.13
	3.32	3.18	3.03	2.97	3.46	2.95	3.58	3.32	3.24	3.35	3.36	3.41
	1.61	1.89	1.81	1.68	1.57	2.46	1.70	1.63	1.56	1.92	1.39	1.29
	35.82	32.37	36.29	34.65	34.22	29.04	32.96	31.92	26.72	31.17	34.71	37.41
	3.93	9.11	7.64	6.42	5.96	5.19	11.20	4.11	-5.61	-1.98	6.68	-2.15
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-7.58	0.00	0.00
	3.93	9.11	7.64	6.42	5.96	5.19	11.20	4.11	-5.61	-9.56	6.68	-2.15
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	3.93	9.11	7.64	6.42	5.96	5.19	11.20	4.11	-5.61	-9.56	6.68	-2.15
	2.13	4.94	4.14	3.48	3.23	2.81	6.07	2.23	-3.04	-5.18	3.62	-1.16
Key metrics
	8.86	14.18	12.48	11.07	10.99	10.60	16.48	9.06	-0.81	-4.29	11.43	2.55
	7.10%	9.60%	8.80%	8.20%	9.40%	7.80%	11.60%	6.60%	-0.80%	-3.00%	8.80%	2.10%
	3.10%	6.20%	5.40%	4.80%	5.10%	3.80%	7.90%	3.00%	-5.70%	-6.80%	5.20%	-1.80%
	—	4.30%	—	3.50%	—	3.10%	—	—	—	—	—	—
	7.30%	7.60%	-0.80%	-2.10%	19.30%	-3.00%	9.80%	12.80%	—	—	—	—
	-34.10%	75.50%	-31.80%	56.20%	206.20%	154.30%	67.70%	291.20%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	547.54	539.08	513.91	488.12	486.77	471.53
	24.24	23.84	11.82	8.74	7.12	7.13
	571.78	562.93	525.73	496.86	493.88	478.65
	544.68	533.80	510.84	496.59	476.12	455.56
	121.81	117.75	88.50	104.15	108.64	117.44
	85.44	86.02	98.70	49.76	34.47	38.66
	181.67	179.58	182.14	187.91	177.97	165.68
	12.50	12.64	13.09	13.14	12.23	11.18
	6.99	6.96	7.34	5.77	4.36	4.23
	139.13	137.53	120.63	138.24	139.66	115.11
	27.10	29.13	14.89	0.28	17.77	23.09
	0.00	0.00	0.00	-7.58	0.00	0.00
	27.10	29.13	14.89	-7.30	17.77	23.09
	0.00	0.00	0.00	0.00	0.00	0.00
	27.10	29.13	14.89	-7.30	17.77	23.09
	14.69	15.79	8.07	-3.96	9.63	12.51
Key metrics
	46.59	48.73	35.32	11.61	34.36	38.50
	8.51%	9.00%	6.90%	2.40%	7.10%	8.20%
	4.95%	5.40%	2.90%	-1.50%	3.70%	4.90%
	—	14.50%	10.50%	—	—	—
	2.78%	4.90%	5.30%	0.30%	3.20%	—
	2.42%	95.60%	304.00%	-141.10%	-23.00%	—
	—	3.97	6.31	—	—	—
	—	0.87	1.57	—	—	—
	—	0.60	0.65	—	—	—
	—	104.60	99.24	—	—	—
	—	-0.3	-8.3	—	—	—
Balance sheet
	—	501.89	472.00	—	—	—
	—	96.71	82.89	—	—	—
	—	3.07	0.32	—	—	—
	—	15.16	13.25	—	—	—
	—	45.74	38.40	—	—	—
	—	29.13	26.25	—	—	—
	—	293.02	293.16	—	—	—
	—	61.47	63.41	—	—	—
	—	213.06	205.52	—	—	—
	—	107.67	99.56	—	—	—
	—	44.44	46.63	—	—	—
	—	63.23	52.93	—	—	—
	—	178.62	154.13	—	—	—
Cash flow
	—	25.37	23.35	—	—	—
	—	-18.28	-16.07	—	—	—
	—	-4.34	-7.84	—	—	—
	—	21.40	17.04	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	124.92	147.13	141.09	134.40	116.46	136.71	142.25	137.30	97.66	140.98	129.56	121.73
	3.19	5.60	3.71	11.76	2.79	4.02	2.65	1.71	3.44	2.38	2.63	1.52
	128.10	152.73	144.80	146.16	119.25	140.73	144.90	139.01	101.10	143.37	132.18	123.25
	124.17	143.60	137.17	139.74	113.29	135.54	133.69	134.90	106.71	145.34	125.50	125.40
	25.08	32.19	32.78	31.76	21.03	26.24	25.87	20.71	15.68	27.66	27.20	29.11
	21.57	24.54	20.83	18.49	22.15	23.80	21.85	28.30	24.76	15.47	10.13	10.79
	46.87	37.56	45.93	51.31	44.78	41.24	48.89	50.47	41.53	43.11	49.36	52.13
	3.32	3.18	3.03	2.97	3.46	2.95	3.58	3.32	3.24	3.35	3.36	3.41
	1.61	1.89	1.81	1.68	1.57	2.46	1.70	1.63	1.56	1.92	1.39	1.29
	35.82	32.37	36.29	34.65	34.22	29.03	32.96	31.92	26.71	31.17	34.71	37.41
	3.94	9.13	7.64	6.42	5.96	5.19	11.21	4.11	-5.61	-1.97	6.68	-2.15
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	-7.58	—	—
	3.94	9.13	7.64	6.42	5.96	5.19	11.21	4.11	-5.61	-9.55	6.68	-2.15
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	3.94	9.13	7.64	6.42	5.96	5.19	11.21	4.11	-5.61	-9.55	6.68	-2.15
	2.13	4.95	4.14	3.48	3.23	2.81	6.07	2.23	-3.04	-5.18	3.62	-1.16
Key metrics
	8.87	14.20	12.48	11.07	10.99	10.60	16.49	9.06	-0.81	-4.28	11.43	2.55
	7.10%	9.70%	8.80%	8.20%	9.40%	7.80%	11.60%	6.60%	-0.80%	-3.00%	8.80%	2.10%
	3.20%	6.20%	5.40%	4.80%	5.10%	3.80%	7.90%	3.00%	-5.70%	-6.80%	5.20%	-1.80%
	—	4.30%	—	3.50%	—	3.10%	—	—	—	—	—	—
	7.30%	7.60%	-0.80%	-2.10%	19.30%	-3.00%	9.80%	12.80%	—	—	—	—
	-33.90%	75.90%	-31.80%	56.20%	206.20%	154.30%	67.80%	291.20%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	547.54	539.08	513.91	488.12	486.77	471.53
	24.26	23.86	11.82	8.74	7.12	7.13
	571.79	562.94	525.73	496.86	493.88	478.65
	544.68	533.79	510.83	496.58	476.10	455.70
	121.81	117.75	88.50	104.15	108.64	117.44
	85.43	86.02	98.70	49.76	34.47	38.66
	181.67	179.58	182.14	187.91	177.97	165.68
	12.50	12.64	13.09	13.14	12.23	11.18
	6.99	6.96	7.34	5.77	4.36	4.23
	139.13	137.52	120.62	138.23	139.65	115.25
	27.13	29.15	14.90	0.29	17.78	22.95
	0.00	0.00	0.00	-7.58	—	—
	27.13	29.15	14.90	-7.29	17.78	22.95
	0.00	0.00	0.00	—	—	—
	27.13	29.15	14.90	-7.29	17.78	22.95
	14.70	15.80	8.07	-3.95	9.63	12.44
Key metrics
	46.62	48.75	35.33	11.62	34.37	38.36
	8.51%	9.00%	6.90%	2.40%	7.10%	8.10%
	4.95%	5.40%	2.90%	-1.50%	3.70%	4.90%
	—	14.50%	10.50%	—	—	—
	2.78%	4.90%	5.30%	0.30%	3.20%	—
	2.49%	95.60%	304.40%	-141.00%	-22.50%	—
	—	3.98	6.32	—	—	—
	—	0.87	1.57	—	—	—
	—	0.60	0.65	—	—	—
	—	104.60	99.24	—	—	—
	—	-0.3	-8.0	—	—	—
Balance sheet
	—	501.96	472.05	—	—	—
	—	96.78	82.94	—	—	—
	—	3.07	0.32	—	—	—
	—	15.16	13.25	—	—	—
	—	45.74	38.40	—	—	—
	—	29.19	26.29	—	—	—
	—	293.02	293.16	—	—	—
	—	61.47	63.00	—	—	—
	—	213.06	205.52	—	—	—
	—	107.67	99.56	—	—	—
	—	44.44	46.63	—	—	—
	—	63.23	52.93	—	—	—
	—	178.69	154.19	—	—	—
Cash flow
	—	25.38	23.36	—	—	—
	—	-18.30	-16.07	—	—	—
	—	-4.34	-7.84	—	—	—
	—	21.40	17.04	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +3.46%
Sales CAGR 5Y: —
Profit CAGR 3Y: +17.91%
Profit CAGR 5Y: —
Sales YoY (TTM): +2.78%
Profit YoY (TTM): +2.49%

Consolidated

Sales CAGR 3Y: +3.46%
Sales CAGR 5Y: —
Profit CAGR 3Y: +17.91%
Profit CAGR 5Y: —
Sales YoY (TTM): +2.78%
Profit YoY (TTM): +2.42%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 54.13%

Quarter	September 2026	June 2026
Promoter %	54.13%	54.13%

Holder	Type	Holding	Previous	Change
Rainbow Investments Ltd	Promoter Group	24.96%	24.96%	0.00%
Vayu Associates LLP (Formerly Vayu Udaan Aircraft LLP)	Promoter Group	20.56%	20.56%	0.00%
Swallow Associates Llp	Promoter Group	5.48%	5.48%	0.00%
Hitesh Ramji Javeri	Public	3.09%	3.09%	0.00%
Investor Education and Protection Fund Authority.	Public	2.48%	2.48%	0.00%
Harsha Hitesh Javeri	Public	1.91%	1.91%	0.00%
Trade Apartments Limited	Promoter Group	1.14%	1.14%	0.00%
Harshvardhan Ramprasad Goenka	Promoter	0.30%	0.30%	0.00%
Trivikram Khaitan Trustee of HML Trust No.III	Promoter Group	0.24%	0.24%	0.00%
Trivikram Khaitan Trustee of HML Trust No.I	Promoter Group	0.24%	0.24%	0.00%
Trivikram Khaitan Trustee of HML Trust No.II	Promoter Group	0.24%	0.24%	0.00%
Trivikram Khaitan Trustee of HML Trust No.V	Promoter Group	0.24%	0.24%	0.00%
Trivikram Khaitan Trustee of HML Trust No.IV	Promoter Group	0.24%	0.24%	0.00%
Trivikram Khaitan Trustee of HML Trust No.VI	Promoter Group	0.24%	0.24%	0.00%
Sanjiv Goenka	Promoter	0.19%	0.19%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Apcotex Industries Limited S	2,533	488.60	14.84	21.20%	+23.74% TTM	+134.66% TTM	+37.69%
Pix Transmissions Ltd.	2,363	1,734.50	17.93	19.60%	+4.81% TTM	+16.31% TTM	+19.21%
Tinna Rubber and Infrastructure Limited	1,497	831.00	22.36	23.10%	+21.39% TTM	+54.44% TTM	-12.42%
GRP Limited	1,051	1,970.00	104.14	8.10%	+10.88% TTM	-63.36% TTM	-5.01%
Harrisons Malayalam Ltd.	301	163.35	11.12	14.50%	+2.78% TTM	+2.42% TTM	-17.48%
Rubfila International Ltd.	301	55.53	11.71	10.90%	+4.59% TTM	-11.31% TTM	-29.68%
AMEENJI RUBBER LIMITED	266	236.10	—	18.80%	—	—	+60.50%
HORIZON RECLAIM (INDIA) LIMITED	228	116.70	—	—	—	—	—
Sampann Utpadan India Limited	115	23.61	17.23	8.40%	+44.27% TTM	-4.63% TTM	-41.83%
Rishiroop Limited S	115	125.25	10.71	6.20%	+6.68% TTM	-3.86% TTM	+2.66%
Defrail Technologies Limited	49	69.99	—	21.30%	—	—	—

Filings & corporate actions

Recent announcements

Pursuant to Regulation 30 of Listing Regulations we attach herewith intimation regarding resignation of Mr. Kaushik Roy (DIN:06513489) Non Executive Non Independent Director of the Company ....4 Nov 2026 · Company Update / Change in Directorate
Pursuant to Regulation 30 of the Listing Regulations, we wish to inform you that Mr. Kaushik Roy (DIN:06513489) Non-Executive Non-Independent Director of the company has tendered his resignation ....4 Nov 2026 · Company Update / Change in Management
Pursuant to Regulation 30 of the Listing Regulations, attaching herewith the intimation regarding the resignation of Mr. Kaushik Roy (DIN:06513489) from the Office of Non-Executive Non-Independent ....4 Nov 2026 · Company Update / Resignation of Director
Pursuant to Regulation 30 of SEBI LODR attaching herewith newspaper publication regarding special window for re-lodgment of transfer request of physical securities.20 Oct 2026 · Company Update / Newspaper Publication
Attaching herewith the compliance certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended September 30, 2026.7 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Submission regarding the re-appointment of the Whole Time Director Mr. Cherian Manamel George (DIN:07916123) as detailed out in the initimation.30 Sep 2026 · Company Update / Change in Directorate
Intimation regarding the reappointment of Mr. Cherian Manamel George as the Whole Time Director of the Company for a further term with effect from 13th February, 2027 till 28th February, ....30 Sep 2026 · Company Update / Change in Management
Submission of copy of the Scrutinizer''s Report of the Annual General Meeting held on September 29, 2026 at 03:00 pm along with the voting results.30 Sep 2026 · AGM/EGM / AGM
Intimation of revised AGM proceedings pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015.29 Sep 2026 · AGM/EGM / AGM
Pursuant to Regulation 30 of the SEBI LODR, Regulations, 2015, we are attaching herewith the proceedings of the 49th Annual General meeting held today i.e., 29th September, 2026 at 03:00 ....29 Sep 2026 · AGM/EGM / AGM
Intimation of closure of trading window for the second quarter and half year ending September 30, 2026.25 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Intimation of the copies of Newspaper Advertisement in connection with the dispatch of electronic copies of Annual Report along with Notice of 49th Annual General Meeting and the Book Closure ....5 Sep 2026 · Company Update / Newspaper Publication
Intimation of Book Closure pursuant to Regulation 42 of the SEBI (LODR) Regulations, 2015.4 Sep 2026 · Corp. Action / Book Closure
Pursuant to Regulation 42 of the SEBI (LODR) Regulations, 2015 and all other applicable rules, regulations and provisions the record date for the purpose of 49th AGM is September 22, 2026.4 Sep 2026 · Corp. Action / Record Date
Attaching herewith the copy of letter to the Members providing Web-Link for accessing the Annual Report for the Financial Year 2025-26.4 Sep 2026 · Company Update / General
Intimation regarding the Forty Ninth Annual General Meeting of the Company scheduled to be held on Tuesday, 29th September, 2026 at 03:00 PM via Video Conferencing/ Other Audio Visual Means. ....4 Sep 2026 · AGM/EGM / AGM
Intimation regarding the Forty Ninth Annual General Meeting of the Company scheduled to be held on Tuesday, 29th September, 2026 at 03:00 PM via video conferencing / Other Audio Visual ....4 Sep 2026 · AGM/EGM / AGM
This is to inform you that the Forty Ninth Annual General Meeting ('AGM') of the Company will be held on Tuesday, September 29, 2026 at 03.00 p.m. (IST) through Video Conferencing (VC) ....4 Sep 2026 · Others / Reg. 34 (1) Annual Report
Copy of Newspaper publication (Pre despatch publication) regarding 49th Annual General Meeting scheduled to be held on 29th September, 2026.31 Aug 2026 · Company Update / Newspaper Publication
Attaching herewith copy of newspaper advertisement appeared in Financial Express (English) and Deshabhimani (Malayalam) Newspapers appeared today (20.08.2026) regarding Special Window for ....20 Aug 2026 · Company Update / Newspaper Publication
Pursuant to Regulation 30 attaching herewith the advertisement published in Deshabhimani and Financial Express Newspapers on 14.08.2026 regarding the Unaudited Financial Results for the ....14 Aug 2026 · Company Update / Newspaper Publication
Stock exchange intimation regarding change in mangement- Designating Senior Mangerial Personnel, re-appointment of cost auditor and appoinment of chairman of the Board.13 Aug 2026 · Company Update / Change in Management
Stock exchange intimation regarding change in mangement- Designating Senior Mangerial Personnel, re-appointment of cost auditor and appoinment of chairman of the Board.13 Aug 2026 · Company Update / Change in Management
Attaching the results for the first quarter ended 30th June, 2026.13 Aug 2026 · Result / Financial Results
Attaching herewith the Outcome of the Board Meeting held on 13th August, 2026.13 Aug 2026 · Board Meeting / Outcome of Board Meeting
Harrisons Malayalam Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/08/2026 ,inter alia, to consider and approve Unaudited Financial Results ....6 Aug 2026 · Board Meeting / Board Meeting
Intimation of Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018.3 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Stock Exchange Intimation under SEBI(Prohibition of Insider Trading) Regulations, 2015, regarding closure of trading window for the first quarter ended 30th June, 2026.25 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Attaching herewith the Annual Secretarial Report for the year ended March 31, 2026.29 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Attaching herewith the newspaper advertisement appeared in Todays Deshabhimani (Malayalam Newspaper) and Financial Express (English Newspaper) regarding audited Financial results for the ....27 May 2026 · Company Update / Newspaper Publication
Attaching herewith the Audited Financial Results of the Company for the Quarter and Year ended March 31, 2026 along with the Report of the Auditors thereon.25 May 2026 · Result / Financial Results
Attaching herewith the Audited Financials of the Company for the quarter and year ended March 31, 2026 along with the Report of the Auditors thereon and a Declaration of Unmodified opinion ....25 May 2026 · Board Meeting / Outcome of Board Meeting
Intimation under Regulation 30 of SEBI (LODR) 2015 regarding Newspaper publication about Special window for re-lodgement of transfer requests of physical securities.22 May 2026 · Company Update / Newspaper Publication
Harrisons Malayalam Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 25/05/2026 ,inter alia, to consider and approve Kindly find the updated ....18 May 2026 · Board Meeting / Board Meeting
Harrisons Malayalam Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 25/05/2026 ,inter alia, to consider and approve Attaching herewith the ....18 May 2026 · Board Meeting / Board Meeting
Pursuant to Reg 30 of SEBI LODR the Board at its meeting held today appointed Ms. Sandhya Gopi as Company Secretary and Compliance Officer. Letter attached8 May 2026 · Company Update / Change in Management
Pursuant to reg 30of SEBI LODR the board has appointed company secretary and compliance officer. Letter attached8 May 2026 · Company Update / Appointment of Company Secretary / Compliance Officer
Pursuant to Regulation 30 of SEBI LODR, The Company at its Board Meeting held today appointed Ms.Sandhya Gopi as the Company Secretary and Compliance Officer of the Company with effect ....8 May 2026 · Others / Outcome without intimation
Format of Initial Disclosure to be made by an entity identified as a Large Corporate. <table border=''1px''><tr> <td>Sr. No.</td> <td>Particulars</td> <td>Details</td> ....14 Apr 2026 · Others / Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
Intimation of resignation of Mr. Binu Thomas, Company Secretary and Compliance Officer with effect from April 18, 2026. Detailed letter attached.13 Apr 2026 · Company Update / Resignation of Company Secretary / Compliance Officer

Board meetings

13 Aug 2026 Board Meeting - Financial Results