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 25-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 18-05-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 25-05-2026   16:30:00
End date and time of board meeting 25-05-2026   18:30:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



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 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 14,712.82 53,908.42
Other income 558.94 2,384.48
Total income 15,271.76 56,292.90
2 Expenses
(a) Cost of materials consumed 3,218.65 11,775.38
(b) Purchases of stock-in-trade 2,454.14 8,601.62
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 1,187.89 (667.10)
(d) Employee benefit expense 3,755.89 17,957.52
(e) Finance costs 318.33 1,263.95
(f) Depreciation, depletion and amortisation expense 188.70 695.67
(f) Other Expenses
1 Other Expenses 3,236.90 13,752.70
Total other expenses 3,236.90 13,752.70
Total expenses 14,360.50 53,379.74
3 Total profit before exceptional items and tax 911.26 2,913.16
4 Exceptional items 0.00 0.00
5 Total profit before tax 911.26 2,913.16
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 911.26 2,913.16
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 911.26 2,913.16
17 Other comprehensive income net of taxes (153.76) (464.31)
18 Total Comprehensive Income for the period 757.50 2,448.85
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 16,016.72
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 4.94 15.79
Diluted earnings (loss) per share from continuing operations 4.94 15.79
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 4.94 15.79
Diluted earnings (loss) per share from continuing and discontinued operations 4.94 15.79
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 audited consolidated financal results for the year ended 31 March 2026 have been prepared in accordance with Indian Accounting Standards Ind AS prescribed under Section 133 of the Companies Act 2013 read with the relevant rules thereunder and in terms of Regulation 33 of the SEBI LODR Regulation 2015 as amended and other accounting principles generally accepted in India. 2. The figures for the quarter ended 31 March 2026 and 31 March 2025 are the balance figures between audited figures in respect of the full financial year and the published unaudited year to date figures up to the third quarterof the respective financial years. 3. The above financial results have been revewed by the Audit Committee and approved by the Board of Directors in their respective meeting held on 25 May 2026. 4. Cost of materials consumed represents cost of green leaf latex and tea used for blending purchased from others. 5. The Groups 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 Group 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 structural 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 March 2026 include Rs 1526.56 lakhs, Rs.1651.16 lakhs as at 31 March 2025 gratuity payable to former employees who have not handed over the possession of the allotted official accommodation to the Holding Company even after 30 days of their superannuation resignation from the company. Based on judicial pronouncement and legal opinion obtained, the Holding Company is required to discharge this liabilities only upon vacation of accommodation by such employee, accordingly no interest is payable on such outstanding as such workers have requested to allow stay after retirement and have consented to retaining gratuity by the Holding Company. The necessary provisions are carried in the books of accounts to meet this liability. 7. The Group has unabsorbed depreciation and carry forward losses of earlier years and certain exempt income included in the total income. 8. The Groups current liabilities have exceeded its current assets as at 31 March 2026. However, on the basis of ageing and expected dates of realisation of financial assets payment of financial liabilities expected future cash flows sanctioned credit facilities from the bankers and the plans of the Board of Directors management relating to its business operations the Group is capable of meeting its financial obligations existing at the date of balance sheet as and when they fall due within a period of one year from the balance sheet date.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 29,301.81
Capital work-in-progress 10,447.21
Investment property 243.42
Goodwill 0.00
Other intangible assets 26.02
Intangible assets under development 7.68
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 0.00
Non-current financial assets
Non-current investments 1.01
Trade receivables, non-current 1.93
Loans, non-current 0.00
Other non-current financial assets
1 Other non current assets 488.47
Total of other non-current financial assets 488.47
Total non-current financial assets 491.41
Deferred tax assets (net) 0.00
Other non-current assets
Total of other non-current assets
Total non-current assets 40,517.55
2 Current assets
Inventories 4,574.11
Current financial asset
Current investments 0.00
Trade receivables, current 1,515.99
Cash and cash equivalents 307.18
Bank balance other than cash and cash equivalents 120.63
Loans, current 0.00
Other current financial assets
Total of other current financial assets 239.92
Total current financial assets 2,183.72
Current tax assets (net) 0.00
Other current assets
1 Other current assets 2,913.41
Total of other current assets 2,913.41
Total current assets 9,671.24
3 Non-current assets classified as held for sale 0.00
4 Regulatory deferral account debit balances and related deferred tax Assets 0.00
Total assets 50,188.79
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 1,845.43
Other equity 16,016.72
Total equity attributable to owners of parent 17,862.15
Non controlling interest 0.00
Total equity 17,862.15
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 6,322.72
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities
Total of other non-current financial liabilities
Total non-current financial liabilities 6,322.72
Provisions, non-current 4,404.89
Deferred tax liabilities (net) 0.00
Deferred government grants, Non-current 0.00
Other non-current liabilities
1 Other non-current liabilities 292.56
Total of other non-current liabilities 292.56
Total non-current liabilities 11,020.17
Current liabilities
Current financial liabilities
Borrowings, current 4,443.96
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 397.12
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 5,749.50
Total Trade payable 6,146.62
Other current financial liabilities
1 Other current financial liabilities 4,275.96
Total of other current financial liabilities 4,275.96
Total current financial liabilities 14,866.54
Other current liabilities 3,445.79
1 Other current liabilities 3,445.79
Total of other current liabilities 3,445.79
Provisions, current 2,994.14
Current tax liabilities (Net) 0.00
Deferred government grants, Current 0.00
Total current liabilities 21,306.47
3 Liabilities directly associated with assets in disposal group classified as held for sale 0.00
4 Regulatory deferral account credit balances and related deferred tax liability 0.00
Total liabilities 32,326.64
Total equity and liabilites 50,188.79
Disclosure of notes on assets and liabilities



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 01-01-2026 01-04-2025
Date of end of reporting period 31-03-2026 31-03-2026
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Tea 5,996.19 24,232.38
2 Rubber 8,489.37 29,268.39
3 Others 0.0022726 0.0040765
Total Segment Revenue 14,712.82 53,908.42
Less: Inter segment revenue 0.00 0.00
Revenue from operations 14,712.82 53,908.42
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Tea 43.80 (69.49)
2 Rubber 566.32 2,564.16
3 Others 427.94 1,480.60
Total Profit before tax 1,038.06 3,975.27
i. Finance cost 318.33 1,263.95
ii. Other Unallocable Expenditure net off Unallocable income (191.53) (201.84)
Profit before tax 911.26 2,913.16
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Tea 28,902.66 28,902.66
2 Rubber 19,759.36 19,759.36
3 Others 1,078.18 1,078.18
Total Segment Asset 49,740.20 49,740.20
Un-allocable Assets 448.59 448.59
Net Segment Asset 50,188.79 50,188.79
4 Segment Liabilities
Segment Liabilities
1 Tea 8,326.00 8,326.00
2 Rubber 12,790.52 12,790.52
3 Others 320.19 320.19
Total Segment Liabilities 21,436.71 21,436.71
Un-allocable Liabilities 10,889.93 10,889.93
Net Segment Liabilities 32,326.64 32,326.64
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 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
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 (153.76) (464.31)
Total Amount of items that will not be reclassified to profit and loss (153.76) (464.31)
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 (153.76) (464.31)



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 31-03-2026
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 2,913.16
Adjustments for reconcile profit (loss)
Adjustments for finance costs 1,263.95
Adjustments for decrease (increase) in inventories (734.45)
Adjustments for decrease (increase) in trade receivables, current (202.96)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 0.00
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current 23.99
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 132.19
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 0.00
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 695.67
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 0.00
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 0.00
Adjustments for other financial liabilities, non-current (21.84)
Adjustments for unrealised foreign exchange losses gains (11.87)
Adjustments for dividend income 0.00
Adjustments for interest income 200.79
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) (583.82)
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow (961.47)
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 303.05
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) (298.35)
Net cash flows from (used in) operations 2,614.81
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 77.94
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 2,536.87
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 109.58
Purchase of property, plant and equipment 2,139.87
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 201.85
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) investing activities (1,828.44)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 2,730.21
Repayments of borrowings 1,919.07
Payments of lease liabilities 0.00
Dividends paid 0.00
Interest paid 1,204.38
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (40.42)
Net cash flows from (used in) financing activities (433.66)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 274.77
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents 274.77
Cash and cash equivalents cash flow statement at beginning of period 32.42
Cash and cash equivalents cash flow statement at end of period 307.19





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 WALKER CHANDIOK & CO LLP Yes 31-05-2028