Harrisons Malayalam Ltd

HRMA.IN

$2.10

Closing

▲7.11%

1D

▲0.58%

YTD

Market cap

$38.74M

52 week high

$2.59

52 week low

$1.37

Volume

205,256

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Market cap

$38.74M

Analysts' Rating

-

Price Target (Mean)

Unable to collect data for some field(s).

Total Analysts

0

P/E

118.99

Operating Margin

-0.21%

Beta

0.94

Revenue Growth (Annual)

-4.19%

52 week high

$2.59

52 week low

$1.37

Div. Yield

%

EPS Annual Growth

0.00

Note on Purification and Zakat

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

Harrisons Malayalam Limited is an India-based company, which is principally engaged in plantations having tea and rubber estates in Kerala and Tamil Nadu. The Company has established and run plantations for tea, rubber, cocoa, coffee and a variety of spices. The Company cultivates approximately 14,000 hectares (ha) and processes produce from other farmlands in its neighborhood. Its primary products are rubber, tea and pineapple, which cultivates on approximately 7,400 ha, 6,000 ha and 1000 ha respectively. It produces approximately 9,000 tons of Rubber, 20,000 tons of tea and 25,000 tons of Pineapple. The Company also produces smaller quantities of a variety of other exotic horticultural crops, such as areca nut, banana, cardamom, cocoa, coffee, coconut, pepper and vanilla, as well as limited quantities of organic tea and spices. Its operations are spread over 20 estates, eight rubber factories and twelve tea factories along with several blending and processing units.