Integrated Filing — IndAS

General information about company

Scrip Code	500467
NSE Symbol	HARRMALAYA
MSEI Symbol	NOTLISTED
ISIN	INE544A01019
Name of company	Harrisons Malayalam Limited
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-04-2025
Date of end of financial year	31-03-2026
Date of board meeting when results were approved	09-02-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange
Description of presentation currency	INR
Level of rounding used in financial results	Lakhs
Reporting Type	Quarterly
Reporting Quarter	Third quarter
Nature of report standalone or consolidated	Consolidated
Whether results are audited or unaudited for the quarter ended	Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Unaudited
Segment Reporting	Multi segment
Description of single segment
Start date and time of board meeting	09-02-2026 15:30:00
End date and time of board meeting	09-02-2026 18:15:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification	Not applicable

Financial Results Ind-AS

Amount in (Lakhs)

Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-10-2025	01-04-2025
B	Date of end of reporting period	31-12-2025	31-12-2025
C	Whether results are audited or unaudited	Unaudited	Unaudited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
1	Income
	Revenue from operations	14,109.42	39,195.60
	Other income	370.90	1,825.54
	Total income	14,480.32	41,021.14
2	Expenses
(a)	Cost of materials consumed	3,278.21	8,556.73
(b)	Purchases of stock-in-trade	2,083.45	6,147.48
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	(350.61)	(1,854.99)
(d)	Employee benefit expense	4,592.98	14,201.64
(e)	Finance costs	302.51	945.62
(f)	Depreciation, depletion and amortisation expense	181.38	506.97
(f)	Other Expenses
1	Other Expenses	3,628.64	10,515.28
	Total other expenses	3,628.64	10,515.28
	Total expenses	13,716.56	39,018.73
3	Total profit before exceptional items and tax	763.76	2,002.41
4	Exceptional items	0.00	0.00
5	Total profit before tax	763.76	2,002.41
6	Tax expense
7	Current tax	0.00	0.00
8	Deferred tax	0.00	0.00
9	Total tax expenses	0.00	0.00
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0.00	0.00
11	Net Profit Loss for the period from continuing operations	763.76	2,002.41
12	Profit (loss) from discontinued operations before tax	0.00	0.00
13	Tax expense of discontinued operations	0.00	0.00
14	Net profit (loss) from discontinued operation after tax	0.00	0.00
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0.00	0.00
16	Total profit (loss) for period	763.76	2,002.41
17	Other comprehensive income net of taxes	(164.51)	(310.54)
18	Total Comprehensive Income for the period	599.25	1,691.87
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	0.00	0.00
	Total profit or loss, attributable to non-controlling interests	0.00	0.00
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	0.00	0.00
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	0.00	0.00
21	Details of equity share capital
	Paid-up equity share capital	1,845.43	1,845.43
	Face value of equity share capital	10	10
27	Details of debt securities
22	Reserves excluding revaluation reserve
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	4.14	10.85
	Diluted earnings (loss) per share from continuing operations	4.14	10.85
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	4.14	10.85
	Diluted earnings (loss) per share from continuing and discontinued operations	4.14	10.85
24	Debt equity ratio	0	0
25	Debt service coverage ratio	0	0
26	Interest service coverage ratio	0	0
27	Disclosure of notes on financial results		Textual Information(1)

Disclosure of notes on financial results

Textual Information(1)	1. These unaudited standalone financial results have been prepared in accordance with Ind AS prescribed under Section 133 of Companies Act, 2013 read with the relevant rules thereunder and in terms of Regulation 33 of SEBI LODR, Reg 2015 , as amended and other accounting principles generally accepted in India. 2. The Statutory auditors have carried out the Limited Review of the unaudited standalone financial results of the company for the quarter and nine months ended 31 December 2025 in accordance with the Reg 33 of SEBI LODR Regulation 2015. 3. The above financial results have been reviewed by the Audit Committee and approved by the Board of Directors in their respective meetings held on 9 February 2026. 4. Cost of materials consumed represents cost of green leaf, latex and tea used for blending purchased from others. 5. The company core business is production of natural rubber and tea. The operations are conducted through plantation estates and factories based in Kerala and Tamil Nadu. The company has considered business segments as the primary segment. The business segments are tea, rubber and others which have been identified taking into account the organisational structure as well as the differing risks and returns of these segments. The results for rubber segment includes income from sale of rubber trees. 6. Other financial liabilities as at 31 December 2025 include Rs1579.20 lokhs gratuity payable to former employees who have not handed over the possession of the allotted offical accommodation even after 30 days of their superannuation. 7. The company has unabsorbed depreciation and carry forward losses of earlier years and certain exempt income included in the total income. Accordingly, the tax expense is nil in the current and previous years.deferred tax assets on unabsorbed depreciation and carry forward losses have been recognised to the extent of deferred tax liability or assets on temporary differences in accordance with Ind AS 12 Income Taxes. 8. The Company current liabilities have exceeded its current assets as at 31 December 2025. 9. During the quarter end a new civil suit has been filed against the Group by Government of Kerala on 23 October2025 challenging ownership of land in Achoor, Sentinel Rock estate and a portion of land in Chundale and Arrapetta Estates seeking declaration of title and recovery of possession of tea estates in Wayanad district which is currently pending consideration before Subordinate Judges Court, Sultan Bathery. 10. On November 21, 2025 the Government of India notified the four Labour Codes the Code on Wages 2019, the industrial Relations Code 2020, the Code on Social Security 2020 and the occupational Safety, Health and Working Conditions Code 2020 consolidating 29 existing labour laws. Pursuant to the notification the company has estimated and accounted for an incremental liability of rs.104 lakhs for own employees and temporary workers which has been recognized as employee benefit expense in accordance with Ind AS 19 Employee Benefits.

Textual Information(1)

1. These unaudited standalone financial results have been prepared in accordance with Ind AS prescribed under Section 133 of Companies Act, 2013 read with the relevant rules thereunder and in terms of Regulation 33 of SEBI LODR, Reg 2015 , as amended and other accounting principles generally accepted in India. 2. The Statutory auditors have carried out the Limited Review of the unaudited standalone financial results of the company for the quarter and nine months ended 31 December 2025 in accordance with the Reg 33 of SEBI LODR Regulation 2015. 3. The above financial results have been reviewed by the Audit Committee and approved by the Board of Directors in their respective meetings held on 9 February 2026. 4. Cost of materials consumed represents cost of green leaf, latex and tea used for blending purchased from others. 5. The company core business is production of natural rubber and tea. The operations are conducted through plantation estates and factories based in Kerala and Tamil Nadu. The company has considered business segments as the primary segment. The business segments are tea, rubber and others which have been identified taking into account the organisational structure as well as the differing risks and returns of these segments. The results for rubber segment includes income from sale of rubber trees. 6. Other financial liabilities as at 31 December 2025 include Rs1579.20 lokhs gratuity payable to former employees who have not handed over the possession of the allotted offical accommodation even after 30 days of their superannuation. 7. The company has unabsorbed depreciation and carry forward losses of earlier years and certain exempt income included in the total income. Accordingly, the tax expense is nil in the current and previous years.deferred tax assets on unabsorbed depreciation and carry forward losses have been recognised to the extent of deferred tax liability or assets on temporary differences in accordance with Ind AS 12 Income Taxes. 8. The Company current liabilities have exceeded its current assets as at 31 December 2025. 9. During the quarter end a new civil suit has been filed against the Group by Government of Kerala on 23 October2025 challenging ownership of land in Achoor, Sentinel Rock estate and a portion of land in Chundale and Arrapetta Estates seeking declaration of title and recovery of possession of tea estates in Wayanad district which is currently pending consideration before Subordinate Judges Court, Sultan Bathery. 10. On November 21, 2025 the Government of India notified the four Labour Codes the Code on Wages 2019, the industrial Relations Code 2020, the Code on Social Security 2020 and the occupational Safety, Health and Working Conditions Code 2020 consolidating 29 existing labour laws. Pursuant to the notification the company has estimated and accounted for an incremental liability of rs.104 lakhs for own employees and temporary workers which has been recognized as employee benefit expense in accordance with Ind AS 19 Employee Benefits.

Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-10-2025	01-04-2025
Date of end of reporting period		31-12-2025	31-12-2025
Whether results are audited or unaudited		Unaudited	Unaudited
Nature of report standalone or consolidated		Consolidated	Consolidated
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	TEA	6,578.42	18,236.19
2	RUBBER	7,471.61	20,779.02
3	OTHERS	0.0005939	0.0018039
	Total Segment Revenue	14,109.42	39,195.60
	Less: Inter segment revenue	0.00	0.00
	Revenue from operations	14,109.42	39,195.60
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	TEA	104.76	(113.29)
2	RUBBER	949.52	1,997.84
3	OTHERS	11.80	1,053.17
	Total Profit before tax	1,066.08	2,937.72
	i. Finance cost	302.51	945.62
	ii. Other Unallocable Expenditure net off Unallocable income	(0.19)	(10.31)
	Profit before tax	763.76	2,002.41
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	TEA	28,589.04	28,589.04
2	RUBBER	20,465.03	20,465.03
3	OTHERS	1,067.22	1,067.22
	Total Segment Asset	50,121.29	50,121.29
	Un-allocable Assets	566.85	566.85
	Net Segment Asset	50,688.14	50,688.14
4	Segment Liabilities
	Segment Liabilities
1	TEA	10,361.08	10,361.08
2	RUBBER	12,321.02	12,321.02
3	OTHERS	301.09	301.09
	Total Segment Liabilities	22,983.19	22,983.19
	Un-allocable Liabilities	10,594.57	10,594.57
	Net Segment Liabilities	33,577.76	33,577.76
	Disclosure of notes on segments

Other Comprehensive Income

Amount in (Lakhs)

Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-10-2025	01-04-2025
B	Date of end of reporting period	31-12-2025	31-12-2025
C	Whether results are audited or unaudited	Unaudited	Unaudited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Remeasurement of defined benefit plans	(164.51)	(310.54)
	Total Amount of items that will not be reclassified to profit and loss	(164.51)	(310.54)
2	Income tax relating to items that will not be reclassified to profit or loss	0.00	0.00
3	Amount of items that will be reclassified to profit and loss
	Total Amount of items that will be reclassified to profit and loss
4	Income tax relating to items that will be reclassified to profit or loss	0.00	0.00
5	Total Other comprehensive income	(164.51)	(310.54)