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HRMA – Harrisons Malayalam Ltd

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1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

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Company Profile

Harrisons Malayalam Limited is an India-based holding company. The Company is principally engaged in plantations having tea and rubber estates in Kerala and Tamil Nadu. The Company operates through three segments: Tea, Rubber and others. Its Other Segment consists of fruits, spices and others, and Wayanad Medical Fund. The Company operates approximately 13 tea estates with a planted area of about 6000 hectares and 11 tea factories. The grades produced are whole leaf, broken, fannings and dust. Its tea products include fresh green leaf extract (FGLE), green tea extract (water extract), green tea extract (water/alcohol extract), black tea extracts, flavored tea and matcha tea. Its rubber products include latex concentrates, pale latex crepe grades and technically specified / crumb rubber. It also provides a range of other products, such as cardamom, Malabar pepper, cloves, nutmeg, cocoa, vanilla, areca nut, coconut and banana.

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