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-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	23-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	14-May-2025
Description of presentation currency	INR (in Actuals)
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	23-May-2025   15:30:00
End date and time of board meeting	23-May-2025   20:15:00
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
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-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	1367144000	5139140000
	Other income	40153000	118173000
	Total income	1407297000	5257313000
2	Expenses
(a)	Cost of materials consumed	262437000	885031000
(b)	Purchases of stock-in-trade	238015000	987037000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	98145000	4405000
(d)	Employee benefit expense	412412000	1821356000
(e)	Finance costs	29501000	130938000
(f)	Depreciation, depletion and amortisation expense	24553000	73363000
(f)	Other Expenses
1	Other Expenses	290351000	1206307000
	Total other expenses	290351000	1206307000
	Total expenses	1355414000	5108437000
3	Total profit before exceptional items and tax	51883000	148876000
4	Exceptional items	0	0
5	Total profit before tax	51883000	148876000
6	Tax expense
7	Current tax	0	0
8	Deferred tax	0	0
9	Total tax expenses	0	0
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	51883000	148876000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	51883000	148876000
17	Other comprehensive income net of taxes	-6742000	-46398000
18	Total Comprehensive Income for the period	45141000	102478000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent
	Total profit or loss, attributable to non-controlling interests
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent
	Total comprehensive income for the period attributable to owners of parent non-controlling interests
21	Details of equity share capital
	Paid-up equity share capital	184543000	184543000
	Face value of equity share capital	10	10
27	Details of debt securities
22	Reserves excluding revaluation reserve		1356787000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	2.81	8.07
	Diluted earnings (loss) per share from continuing operations	2.81	8.07
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	2.81	8.07
	Diluted earnings (loss) per share from continuing and discontinued operations	2.81	8.07
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		1 These audited standalone financial results for the year ended 31 March 2025 have been prepared in accordance with Indian Accounting Standards prescribed under Section 133 of the Companies Act 2013 read with relevant rules thereunder and in terms of Regulation 33 of SEBI LODR Reg 2015 as amended and other accounting principles generally accepted in India. n2 The figures for quarter ended 31 March 2025 and 31 March 2024 are the balance figues between the audited figures in respect of the full financial year and the published unaudited yeat to date figures up to the third quarter of the respective financial years. n3 The above financial results have been reviewed by the Audit Committee and approved by the Board of Directors in their respective metings held on 23 May 2025. n4 Cost of materials consumed represents cost of green leaf, latex and tea used for blending purchased from others. n5 The Companys core business is production of natural rubber and tea. n6 The company has entered into a barter arrangement with vendors wherein the vendors are allowed to cultivate pineapple in few rubber estates with a condition that these vendors are to bear the cost of replanting of rubber plants in these estates. n7 Other financial liabilites as at 31 March 2025 include Rs.1651 lacs gratuity payable to former employees who have not handed overthe possession of the allotted offical accommodation to the company evn after 30 days of their superannuation from the Company. n8 The company in the previous year had created a provision against subsidy receivable from Tea Board India amounting to Rs 757.93 lakhs claimed under Orthodox production subsidy scheme as there was uncertainty in receipt of the above claim. n9 The company has unabsorbed depreciation and carry forward losses of earlier years and certain exempt income included in the total income. n10 The companys current liabilities have exceeded its current assets as at 31 March 2025. n11 A landslide occured on 30 July 2024 at Sentitnel Rock Esate of the company which has resulted in temporary idsruption of estate operation.

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	2931620000
	Capital work-in-progress	876296000
	Investment property	25443000
	Goodwill	0
	Other intangible assets	4070000
	Intangible assets under development	64000
	Biological assets other than bearer plants
	Investments accounted for using equity method
	Non-current financial assets
	Non-current investments	101000
	Trade receivables, non-current
	Loans, non-current	0
	Other non-current financial assets	193000
	Total non-current financial assets	294000
	Deferred tax assets (net)
	Other non-current assets	41385000
	Total non-current assets	3879172000
2	Current assets
	Inventories	383966000
	Current financial asset
	Current investments	0
	Trade receivables, current	132515000
	Cash and cash equivalents	3242000
	Bank balance other than cash and cash equivalents	11875000
	Loans, current	0
	Other current financial assets	34818000
	Total current financial assets	182450000
	Current tax assets (net)
	Other current assets	262476000
	Total current assets	828892000
3	Non-current assets classified as held for sale	11900000
4	Regulatory deferral account debit balances and related deferred tax Assets
	Total assets	4719964000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	184543000
	Other equity	1356787000
	Total equity attributable to owners of parent	1541330000
	Non controlling interest
	Total equity	1541330000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	529261000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
	Total Trade payable
	Other non-current financial liabilities	29285000
	Total non-current financial liabilities	558546000
	Provisions, non-current	467674000
	Deferred tax liabilities (net)
	Deferred government grants, Non-current
	Other non-current liabilities
	Total non-current liabilities	1026220000
	Current liabilities
	Current financial liabilities
	Borrowings, current	466293000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	634076000
	Total Trade payable	634076000
	Other current financial liabilities	360746000
	Total current financial liabilities	1461115000
	Other current liabilities	296477000
	Provisions, current	297622000
	Current tax liabilities (Net)
	Deferred government grants, Current
	Total current liabilities	2055214000
3	Liabilities directly associated with assets in disposal group classified as held for sale	97200000
4	Regulatory deferral account credit balances and related deferred tax liability
	Total liabilities	3178634000
	Total equity and liabilites	4719964000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
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-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts 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	555144000	2151457000
2	RUBBER	789333000	2956988000
3	OTHERS	22667000	30695000
	Total Segment Revenue	1367144000	5139140000
	Less: Inter segment revenue	0	0
	Revenue from operations	1367144000	5139140000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	TEA	-13630000	-108029000
2	RUBBER	70553000	354392000
3	OTHERS	22146000	30189000
	Total Profit before tax	79069000	276552000
	i. Finance cost	27617000	27617000
	ii. Other Unallocable Expenditure net off Unallocable income	-431000	-431000
	Profit before tax	51883000	148876000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	TEA	2747969000	2747969000
2	RUBBER	1860917000	1860917000
3	OTHERS	84208000	84208000
	Total Segment Asset	4693094000	4693094000
	Un-allocable Assets	26870000	26870000
	Net Segment Asset	4719964000	4719964000
4	Segment Liabilities
	Segment Liabilities
1	TEA	888920000	888920000
2	RUBBER	1160944000	1160944000
3	OTHERS	25259000	25259000
	Total Segment Liabilities	2075123000	2075123000
	Un-allocable Liabilities	1103512000	1103512000
	Net Segment Liabilities	3178635000	3178635000
	Disclosure of notes on segments

Other Comprehensive Income
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-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
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	-6742000	-46398000
	Total Amount of items that will not be reclassified to profit and loss	-6742000	-46398000
2	Income tax relating to items that will not be reclassified to profit or loss	0	0
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	0
5	Total Other comprehensive income	-6742000	-46398000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			148876000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			130938000
	Adjustments for decrease (increase) in inventories			-14266000
	Adjustments for decrease (increase) in trade receivables, current			50513000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			0
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			1539000
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			-98836000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			0
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			73363000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			0
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			0
	Adjustments for other financial liabilities, non-current			-5243000
	Adjustments for unrealised foreign exchange losses gains			0
	Adjustments for dividend income			0
	Adjustments for interest income			1378000
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			-41482000
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			-6707000
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			0
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			88441000
	Net cash flows from (used in) operations			237317000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			3768000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			233549000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			0
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			8400000
	Purchase of property, plant and equipment			170445000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			0
	Interest received			1378000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) investing activities	-160667000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			0
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			402798000
	Repayments of borrowings			349493000
	Payments of lease liabilities			0
	Dividends paid			0
	Interest paid			126269000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-5414000
	Net cash flows from (used in) financing activities			-78378000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			-5496000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			-5496000
	Cash and cash equivalents cash flow statement at beginning of period			8738000
	Cash and cash equivalents cash flow statement at end of period			3242000