Harrisons Malayalam Limited (HARRMALAYA) - Net Assets
Based on the latest financial reports, Harrisons Malayalam Limited (HARRMALAYA) has net assets worth Rs1.65 Billion INR (≈ $17.85 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs5.02 Billion ≈ $54.34 Million USD) and total liabilities (Rs3.37 Billion ≈ $36.49 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check HARRMALAYA financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs1.65 Billion |
| % of Total Assets | 32.85% |
| Annual Growth Rate | -2.83% |
| 5-Year Change | 34.03% |
| 10-Year Change | 50.59% |
| Growth Volatility | 41008.7 |
Harrisons Malayalam Limited - Net Assets Trend (2006–2025)
This chart illustrates how Harrisons Malayalam Limited's net assets have evolved over time, based on quarterly financial data. Also explore Harrisons Malayalam Limited asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Harrisons Malayalam Limited (2006–2025)
The table below shows the annual net assets of Harrisons Malayalam Limited from 2006 to 2025. For live valuation and market cap data, see Harrisons Malayalam Limited market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs1.54 Billion ≈ $16.67 Million |
+7.12% |
| 2024-03-31 | Rs1.44 Billion ≈ $15.56 Million |
-7.87% |
| 2023-03-31 | Rs1.56 Billion ≈ $16.89 Million |
+13.18% |
| 2022-03-31 | Rs1.38 Billion ≈ $14.92 Million |
+19.99% |
| 2021-03-31 | Rs1.15 Billion ≈ $12.44 Million |
+45.78% |
| 2020-03-31 | Rs788.86 Million ≈ $8.53 Million |
+0.43% |
| 2019-03-31 | Rs785.49 Million ≈ $8.49 Million |
-24.24% |
| 2018-03-31 | Rs1.04 Billion ≈ $11.21 Million |
+137772.74% |
| 2017-12-31 | Rs752.00K ≈ $8.13K |
-99.93% |
| 2017-03-31 | Rs1.02 Billion ≈ $11.07 Million |
+54140.91% |
| 2016-12-31 | Rs1.89 Million ≈ $20.41K |
-99.92% |
| 2016-03-31 | Rs2.41 Billion ≈ $26.06 Million |
+145243.12% |
| 2015-12-31 | Rs1.66 Million ≈ $17.93K |
-99.94% |
| 2015-03-31 | Rs2.87 Billion ≈ $31.00 Million |
+44737.60% |
| 2014-12-31 | Rs6.39 Million ≈ $69.14K |
-99.80% |
| 2014-03-31 | Rs3.22 Billion ≈ $34.81 Million |
+0.70% |
| 2013-03-31 | Rs3.20 Billion ≈ $34.57 Million |
+0.21% |
| 2012-03-31 | Rs3.19 Billion ≈ $34.50 Million |
+0.47% |
| 2011-03-31 | Rs3.17 Billion ≈ $34.34 Million |
+0.23% |
| 2010-03-31 | Rs3.17 Billion ≈ $34.26 Million |
+14.94% |
| 2009-03-31 | Rs2.76 Billion ≈ $29.80 Million |
+1.16% |
| 2008-03-31 | Rs2.72 Billion ≈ $29.46 Million |
-1.89% |
| 2007-03-31 | Rs2.78 Billion ≈ $30.03 Million |
+4.35% |
| 2006-03-31 | Rs2.66 Billion ≈ $28.78 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Harrisons Malayalam Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 68718800000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs687.19 Million | 44.58% |
| Common Stock | Rs184.54 Million | 11.97% |
| Other Comprehensive Income | Rs169.31 Million | 10.98% |
| Other Components | Rs500.29 Million | 32.46% |
| Total Equity | Rs1.54 Billion | 100.00% |
Harrisons Malayalam Limited Competitors by Market Cap
The table below lists competitors of Harrisons Malayalam Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gogoro Inc
NASDAQ:GGR
|
$44.62 Million |
|
United Drilling Tools Limited
NSE:UNIDT
|
$44.63 Million |
|
Charoong Thai Wire and Cable Public Company Limited
BK:CTW
|
$44.65 Million |
|
NPD Co. Ltd
KQ:198080
|
$44.66 Million |
|
PA Nova S.A.
WAR:NVA
|
$44.59 Million |
|
INSPIREMD 1/18 DL-0001
F:II2
|
$44.58 Million |
|
flyExclusive, Inc.
NYSE:FLYX
|
$44.56 Million |
|
FNC ADD CULTURE. Co. Ltd
KQ:063440
|
$44.55 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Harrisons Malayalam Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,438,851,000 to 1,541,330,000, a change of 102,479,000 (7.1%).
- Net income of 148,876,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 139,649,000.
- Other factors decreased equity by 186,046,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs148.88 Million | +9.66% |
| Other Comprehensive Income | Rs139.65 Million | +9.06% |
| Other Changes | Rs-186.05 Million | -12.07% |
| Total Change | Rs- | 7.12% |
Book Value vs Market Value Analysis
This analysis compares Harrisons Malayalam Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.68x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.55x to 2.68x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | Rs144.20 | Rs223.50 | x |
| 2007-03-31 | Rs150.47 | Rs223.50 | x |
| 2008-03-31 | Rs147.62 | Rs223.50 | x |
| 2009-03-31 | Rs149.33 | Rs223.50 | x |
| 2010-03-31 | Rs171.64 | Rs223.50 | x |
| 2011-03-31 | Rs172.03 | Rs223.50 | x |
| 2012-03-31 | Rs172.84 | Rs223.50 | x |
| 2013-03-31 | Rs173.20 | Rs223.50 | x |
| 2014-03-31 | Rs174.42 | Rs223.50 | x |
| 2015-03-31 | Rs155.32 | Rs223.50 | x |
| 2016-03-31 | Rs130.57 | Rs223.50 | x |
| 2017-03-31 | Rs55.46 | Rs223.50 | x |
| 2018-03-31 | Rs56.18 | Rs223.50 | x |
| 2019-03-31 | Rs42.56 | Rs223.50 | x |
| 2020-03-31 | Rs42.74 | Rs223.50 | x |
| 2021-03-31 | Rs62.31 | Rs223.50 | x |
| 2022-03-31 | Rs74.77 | Rs223.50 | x |
| 2023-03-31 | Rs84.62 | Rs223.50 | x |
| 2024-03-31 | Rs77.96 | Rs223.50 | x |
| 2025-03-31 | Rs83.53 | Rs223.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Harrisons Malayalam Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.66%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.90%
- • Asset Turnover: 1.09x
- • Equity Multiplier: 3.06x
- Recent ROE (9.66%) is above the historical average (-139.31%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 25.67% | 45.25% | 0.37x | 1.53x | Rs416.94 Million |
| 2007 | 5.33% | 7.33% | 0.49x | 1.50x | Rs-129.60 Million |
| 2008 | 2.93% | 3.97% | 0.47x | 1.58x | Rs-192.66 Million |
| 2009 | 2.32% | 2.34% | 0.65x | 1.53x | Rs-211.69 Million |
| 2010 | 3.13% | 3.15% | 0.63x | 1.57x | Rs-217.66 Million |
| 2011 | 1.24% | 1.10% | 0.70x | 1.61x | Rs-278.00 Million |
| 2012 | 1.47% | 1.29% | 0.71x | 1.62x | Rs-271.93 Million |
| 2013 | 0.72% | 0.66% | 0.66x | 1.66x | Rs-296.71 Million |
| 2014 | 1.37% | 1.15% | 0.71x | 1.68x | Rs-277.78 Million |
| 2014 | -280.42% | -138.78% | 0.66x | 3.05x | Rs-28.11 Million |
| 2015 | -12.30% | -10.79% | 0.64x | 1.79x | Rs-639.23 Million |
| 2015 | -2895.90% | -64.05% | 0.68x | 66.48x | Rs-10.64 Million |
| 2016 | -18.95% | -16.03% | 0.57x | 2.08x | Rs-697.66 Million |
| 2016 | 10.89% | 1.67% | 0.94x | 6.94x | Rs11.80K |
| 2017 | 4.00% | 1.13% | 1.00x | 3.53x | Rs-61.46 Million |
| 2017 | -248.20% | -26.87% | 0.47x | 19.58x | Rs-1.22 Million |
| 2018 | 4.29% | 1.18% | 0.99x | 3.67x | Rs-59.20 Million |
| 2019 | -30.67% | -6.95% | 0.93x | 4.75x | Rs-319.50 Million |
| 2020 | 11.74% | 2.46% | 0.93x | 5.11x | Rs13.74 Million |
| 2021 | 35.15% | 9.61% | 1.03x | 3.54x | Rs289.24 Million |
| 2022 | 16.73% | 5.15% | 1.07x | 3.04x | Rs92.91 Million |
| 2023 | 11.38% | 3.65% | 1.09x | 2.85x | Rs21.50 Million |
| 2024 | -5.08% | -1.59% | 0.99x | 3.22x | Rs-216.92 Million |
| 2025 | 9.66% | 2.90% | 1.09x | 3.06x | Rs-5.26 Million |
Industry Comparison
This section compares Harrisons Malayalam Limited's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $1,771,306,293
- Average return on equity (ROE) among peers: 6.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Harrisons Malayalam Limited (HARRMALAYA) | Rs1.65 Billion | 25.67% | 2.04x | $44.61 Million |
| Agri-Tech (India) Limited (AGRITECH) | $165.27 Million | -1.81% | 0.70x | $7.19 Million |
| Apex Frozen Foods Limited (APEX) | $559.83 Million | 32.79% | 1.95x | $157.76 Million |
| Aspinwall and Company Limited (ASPINWALL) | $1.93 Billion | 7.54% | 0.62x | $19.38 Million |
| Dhampur Bio Organics Limited (DBOL) | $7.75 Billion | 0.00% | 1.00x | $89.01 Million |
| Gillanders Arbuthnot & Company Limited (GILLANDERS) | $2.70 Billion | 6.06% | 1.21x | $21.62 Million |
| The Grob Tea Company Limited (GROBTEA) | $316.50 Million | 3.03% | 0.80x | $11.58 Million |
| Mangalam Global Enterprise Limited (MGEL) | $1.39 Billion | 14.56% | 2.03x | $48.58 Million |
| Norben Tea & Exports Limited (NORBTEAEXP) | $148.40 Million | 3.52% | 0.21x | $10.40 Million |
| The Peria Karamalai Tea & Produce Company Limited (PKTEA) | $989.56 Million | -4.16% | 0.13x | $26.45 Million |
About Harrisons Malayalam Limited
Harrisons Malayalam Limited plants and sells tea and rubber in India and internationally. The company operates in three segments: Tea, Rubber, and Others. It offers tea products, custom blended tea, latex, pale latext crepe, and crumb rubber products. In addition, the company cultivates minor crops such as pineapple, cardamom, pepper, and other spices; and produces horticultural crops, including … Read more