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Harrisons Malayalam Ltd. (India)

Main Activities: All Other Miscellaneous Crop Farming | Rubber Product Manufacturing
Full name: Harrisons Malayalam Ltd. Profile Updated: April 18, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Harrisons Malayalam Ltd. (HML) is an integrated agricultural company located in Kochi, South India. With a history spanning over 150 years, HML is a pioneer in corporate farming and operates plantations for Tea, Rubber, Cocoa, Coffee, and various Spices. The company cultivates approximately 14,000 hectares of land and processes produce from neighboring farmlands. Its primary products include Rubber, Tea, and Pineapple, cultivated on 7,400 hectares, 6,000 hectares, and 1,000 hectares of its own farmland, respectively. HML is the largest agriculture operation in South India, producing around 9,000 tonnes of Rubber, 20,000 tonnes of tea, and 25,000 tonnes of Pineapple. In addition, the company produces smaller quantities of other horticultural crops such as Areca nut, Banana, Cardamom, Cocoa, Coffee, Coconut, Pepper, and Vanilla, as well as limited quantities of Organic tea and spices. The company's operations are spread across 20 Estates, eight rubber factories, and twelve tea factories in the states of Kerala, Karnataka, and Tamil Nadu. HML offers a range of products including CTC and Orthodox Tea, Rubber in various forms, and Fresh Pineapple. HML is a leading exporter of tea from South India and is known for its high-quality natural rubber in both local and export markets. The company is a major employer, with a workforce of approximately 15,000, over half of whom are women. HML has played a significant role in bringing economic activity and basic amenities, including healthcare, to rural areas. HML is part of the RP-SG and RPG Enterprises, one of India's largest industrial groups with interests in various sectors. The company is listed on the National, Bombay, and Cochin stock exchanges, with a paid-up capital of Rs.184.50 million and a shareholder base of around 33,000. The company's history dates back to nearly 200 years ago when the first tea plantations were established in South India. Harrisons & Crosfield, a tea trading company, bought and established Malayalam Plantations Ltd. in 1907. The RPG Group took control of the company about 24 years ago, merging Harrisons & Crosfield in India and Malayalam Plantations to form Harrisons Malayalam Ltd. HML is committed to scientific and modern agriculture and manufacturing practices while preserving its heritage of employee welfare and modern HR practices. The company's plantations coexist with nature, bordering virgin tropical forests and often encountering wildlife such as elephants and panthers. The registered office of Harrisons Malayalam Ltd. is located at 24/1624, Bristow Road, Willingdon Island, Cochin – 682003.

Legal Address
24/1624, Bristow Road,, , Willingdon Island
Kochi; Kerala; Postal Code: 682003

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Website: http://www.harrisonsmalayalam.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1978
Key Executives
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Director
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Director
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Director
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Director
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Director
Ownership Details
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54.12%
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36.6%
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9.12%
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0.11%
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0.04%
Subsidiaries
Enchanting Plantations Ltd.
100%
HML Engineering Company Ltd.
100%
Harmony Plantations Ltd.
100%
Company Performance
Financial values in the chart are available after Harrisons Malayalam Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Net sales revenue
1.36%
Total operating revenue
1.36%
Operating profit (EBIT)
-71.98%
EBITDA
-58.94%
Net Profit (Loss) for the Period
-85.01%
Total equity
0%
Operating Profit Margin (ROS)
-4.28%
Net Profit Margin
-3.73%
Return on Equity (ROE)
-69.16%

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