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NSE Close — 25 Sep 2026
₹172.59
Change
-2.29 (-1.31%)
Open
₹174.1
Prev. Close
₹174.88
Day High
₹178.0
Day Low
₹171.0
Volume Analysis
Traded
9,942
Delivered
7,403
Delivery %
74.46%
End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.
Strengths, Weaknesses, Opportunities & Threats
Strengths (0)
No signal for this stock
Weaknesses (1)
- •Low operating margin (4.1%)
Opportunities (1)
- •Strong 3-year EPS growth (17.9%)
Threats (0)
No signal for this stock
Rule-based signals from the fundamentals below — not investment advice.
Pivot Levels
| Type | R3 | R2 | R1 | Pivot | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | ₹183.72 | ₹180.86 | ₹176.72 | ₹173.86 | ₹169.72 | ₹166.86 | ₹162.72 |
| Fibonacci | ₹180.86 | ₹178.19 | ₹176.53 | ₹173.86 | ₹171.19 | ₹169.53 | ₹166.86 |
| Camarilla | ₹174.52 | ₹173.87 | ₹173.23 | ₹173.86 | ₹171.95 | ₹171.31 | ₹170.67 |
Support/resistance levels for today, calculated from the previous trading day's high/low/close.
Absolute Returns
YTD
+3.44%
1 Week
-3.14%
1 Month
-12.48%
3 Months
-13.61%
6 Months
-2.8%
1 Year
-13.71%
2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.
Stock Vitals
Computed from the latest available annual financials.
Graham Number
₹185.02
Current price is at or below the Graham Number — Benjamin Graham's estimate of fair value based on earnings and book value.
DuPont ROE Breakdown
14.88%
Net margin 4.93% × asset turnover 1.07x × equity multiplier 2.82x
Company Overview
Sector
Capital Goods
Market Cap
₹329 Cr
P/E (TTM)
12.1
ROE
11.7%
Book Value
₹96.6
Face Value
₹10.0
Source: Screener.in (Consolidated figures) — data as of 24 Sep 2026. Not investment advice.
TopFund Analysis
Harrison Malayalam Ltd lands in the middle of the pack on TopFund's composite fundamentals check within the Capital Goods sector, at 52/100. The strongest factor is Financial Strength (81/100), while Momentum (29/100) is the weakest area to weigh before deciding. Notably: Low operating margin (4.1%). Strong 3-year EPS growth (17.9%).
TopFund Score — Fundamentals Quality
52/100 — AverageData confidence: 79/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.
As of 27 Sep 2026 · How we calculate this →
Financial Strength
Growth
Valuation
Cash Flow
Corporate Governance
Momentum
Institutional Ownership
Business Quality
Risk & Volatility
Liquidity
From Screener.in
- −Though the company is reporting repeated profits, it is not paying out dividend
- −The company has delivered a poor sales growth of 3.63% over past five years.
- −Tax rate seems low
- −Company has a low return on equity of 7.28% over last 3 years.
Not investment advice — an automated read of public fundamentals data, for research context only.
Corporate Actions
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 …
49th AGM on September 29, 2026; record date September 22, 2026 for e-voting eligibility.
Book closure from Sept. 23-29, 2026 for AGM; remote e-voting Sept. 26-28, 2026.
FY2025-26 annual report shared; 49th AGM on September 29, 2026, plus KYC update reminder.
Source: BSE regulatory filings, via Screener.in.
Quarterly Results
Last several quarters
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 96 | 122 | 130 | 141 | 98 | 137 | 142 | 137 | 116 | 134 | 141 | 147 | 125 |
| Expenses + | 96 | 121 | 121 | 140 | 102 | 130 | 128 | 130 | 108 | 135 | 132 | 139 | 119 |
| Operating Profit | 0 | 1 | 9 | 1 | -4 | 7 | 14 | 7 | 8 | -1 | 9 | 9 | 6 |
| OPM % | -0.31% | 0.85% | 6.79% | 0.65% | -4.36% | 5.35% | 9.72% | 4.81% | 7.05% | -0.51% | 6.22% | 5.84% | 4.55% |
| Other Income + | 2 | 2 | 3 | -5 | 3 | 2 | 3 | 4 | 3 | 12 | 4 | 6 | 3 |
| Interest | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 3 | 3 | 3 | 3 | 3 | 3 |
| Depreciation | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | -2 | -2 | 7 | -10 | -6 | 4 | 11 | 5 | 6 | 6 | 8 | 9 | 4 |
| Tax % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net Profit + | -2 | -2 | 7 | -10 | -6 | 4 | 11 | 5 | 6 | 6 | 8 | 9 | 4 |
| EPS in Rs | -1 | -1 | 4 | -5 | -3 | 2 | 6 | 3 | 3 | 3 | 4 | 5 | 2 |
| Raw PDF | — | — | — | — | — | — | — | — | — | — | — | — | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Profit & Loss (Yearly)
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 325 | 284 | 365 | 382 | 352 | 385 | 449 | 470 | 485 | 486 | 512 | 537 | 548 |
| Expenses + | 342 | 320 | 352 | 369 | 364 | 362 | 394 | 438 | 457 | 476 | 488 | 512 | 525 |
| Operating Profit | -17 | -36 | 13 | 13 | -12 | 24 | 55 | 31 | 27 | 10 | 23 | 25 | 22 |
| OPM % | -5.0% | -13.0% | 3.5% | 3.3% | -3.4% | 6.0% | 12.0% | 7.0% | 6.0% | 2.1% | 4.6% | 4.6% | 4.1% |
| Other Income + | 4 | 10 | 10 | 9 | 6 | 6 | 3 | 7 | 7 | 1 | 12 | 24 | 24 |
| Interest | 14 | 14 | 14 | 13 | 14 | 16 | 14 | 11 | 12 | 13 | 13 | 13 | 12 |
| Depreciation | 7 | 6 | 5 | 4 | 4 | 4 | 4 | 4 | 4 | 6 | 7 | 7 | 7 |
| Profit before tax | -35 | -46 | 4 | 4 | -24 | 9 | 40 | 23 | 18 | -7 | 15 | 29 | 27 |
| Tax % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Net Profit + | -35 | -46 | 4 | 4 | -24 | 9 | 40 | 23 | 18 | -7 | 15 | 29 | 27 |
| EPS in Rs | -19 | -25 | 2 | 2 | -13 | 5 | 22 | 12 | 10 | -4 | 8 | 16 | 15 |
| Dividend Payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 10.0% | 0.0% | 0.0% | 0.0% | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reserves | 268 | 223 | 84 | 85 | 60 | 60 | 97 | 120 | 138 | 125 | 136 | 160 |
| Borrowings + | 113 | 112 | 95 | 96 | 121 | 114 | 99 | 89 | 95 | 98 | 103 | 111 |
| Other Liabilities + | 114 | 148 | 163 | 181 | 173 | 211 | 192 | 193 | 194 | 221 | 215 | 212 |
| Total Liabilities | 513 | 501 | 361 | 381 | 373 | 403 | 407 | 420 | 445 | 463 | 472 | 502 |
| Fixed Assets + | 428 | 424 | 277 | 277 | 280 | 285 | 285 | 286 | 291 | 298 | 296 | 296 |
| CWIP | 2 | 1 | 8 | 11 | 10 | 13 | 22 | 36 | 58 | 72 | 88 | 105 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets + | 83 | 76 | 76 | 93 | 83 | 106 | 100 | 98 | 97 | 93 | 88 | 102 |
| Total Assets | 513 | 501 | 361 | 381 | 373 | 403 | 407 | 420 | 445 | 463 | 472 | 502 |
| Equity Capital | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 10 | 13 | 21 | 20 | -7 | 33 | 41 | 38 | 31 | 33 | 23 | 25 |
| Cash from Investing Activity + | -4 | 4 | 4 | -7 | -6 | -9 | -11 | -14 | -27 | -22 | -16 | -18 |
| Cash from Financing Activity + | -14 | -15 | -31 | -12 | 11 | -23 | -32 | -21 | -5 | -11 | -8 | -4 |
| Net Cash Flow | -8 | 2 | -6 | 1 | -1 | 1 | -1 | 2 | -2 | 0 | -1 | 3 |
| CFO/OP | -61 | -38 | 167 | 159 | 57 | 142 | 75 | 123 | 119 | 326 | 101 | 105 |
| Free Cash Flow | 6 | 17 | 20 | 18 | -11 | 32 | 39 | 36 | 18 | 26 | 20 | 17 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Shareholding Pattern
Quarter-by-quarter — Promoters, FII, DII & public holding trend
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Public | 45.75% | 45.72% | 45.72% | 45.83% | 45.73% | 45.7% | 45.67% | 45.83% | 45.83% | 45.82% | 45.83% | 45.81% |
| Promoters | 54.12% | 54.12% | 54.12% | 54.12% | 54.12% | 54.12% | 54.12% | 54.12% | 54.12% | 54.12% | 54.12% | 54.12% |
| FII | 0.09% | 0.1% | 0.11% | 0.01% | 0.1% | 0.14% | 0.16% | 0.0% | 0.0% | 0.0% | 0.0% | 0.01% |
| DII | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.08% |
Source: Screener.in — quarterly shareholding disclosures.
Peers Comparison
Capital Goods — ranked by market cap
| Company | Market Cap (Cr) | P/E | P/B | ROE |
|---|---|---|---|---|
| Harrison Malayalam Ltd (this stock) | 329 | 12.1 | 1.84 | 11.7% |
| Bedmutha Indust Ltd | 332 | 19.9 | 2.19 | 4.38% |
| Shah Metacorp Limited | 320 | 24.3 | 1.04 | 5.16% |
| Kriti Industries Ind Ltd | 315 | 133.0 | 1.45 | 1.32% |
| Rubfila International Ltd | 344 | 13.4 | 1.09 | 8.79% |
| Elgi Rubber Co. Ltd | 297 | — | 3.93 | -67.5% |
| Suraj Limited | 364 | 43.7 | 2.64 | 4.98% |
Which Mutual Funds Hold Harrison Malayalam Ltd?
Frequently Asked Questions about Harrison Malayalam Ltd
Harrison Malayalam Ltd (HARRMALAYA) closed at ₹172.59 on NSE on 25 September 2026, down 2.29 (1.31%) from the previous close.
Harrison Malayalam Ltd trades on the NSE (National Stock Exchange of India) under the symbol HARRMALAYA.
Harrison Malayalam Ltd has a trailing twelve-month P/E (price-to-earnings) ratio of 12.1.
Harrison Malayalam Ltd has a dividend yield of 0.0%.
Harrison Malayalam Ltd's 52-week high is ₹238.0 and its 52-week low is ₹154.0.
Harrison Malayalam Ltd has a market capitalisation of ₹329 crore.
Harrison Malayalam Ltd has a TopFund Quality Score of 52/100 (Average), a composite of profitability, balance-sheet health, growth and valuation. This is an analytical score based on public data, not personalized investment advice — see the full breakdown below before deciding.
Community Sentiment
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