Harrisons Malayalam Intrinsic Value

HARRMALAYACapital GoodsSmall CapNSE

Market cap ₹319 CrEPS ₹14.00

Current market price

₹172.20

+₹3.00 (+1.77%)

NSE · 9 Oct 2026

Closing price

Intrinsic Value Estimate

Based on DCF and peer comparison with Bear / Base / Bull scenarios.

Final Intrinsic Value

₹179.37

+4.16% vs market

Fairly valued

vs Market Price

+4.16%

Fairly valued

Valuation range₹142.11 – ₹235.93

Bear
₹142.11Base
₹179.37central estimateBull
₹235.93

Scenario range reflects DCF assumptions and peer-multiple distribution.

Harrisons Malayalam Intrinsic Value Analysis

The latest available EOD closing price for Harrisons Malayalam (HARRMALAYA) is ₹172 per share. Understock's estimated intrinsic value is ₹179 per share. This estimate is 4.2% above that price; the page's comparison band labels the shares fairly valued.

The stored DCF estimate is ₹126, and the peer-based estimate is ₹233. The displayed value combines them using the stored DCF weight of 50% and peer weight of 50%. Peer comparison uses 8 matched industry companies and contributing P/E, P/B, EV/EBITDA multiples.

For context, available company data reports ROCE of 6.2% and P/E of 12.3×. These metrics describe the business and are not separate intrinsic-value estimates.

How Understock Calculates Intrinsic Value

Understock follows the company's stored valuation classification. Where DCF applies, the model discounts projected or normalized cash flows and terminal value using stored assumptions. Peer valuation compares available company multiples with medians from matched industry or sector companies, with a curated peer-group fallback where database matches are unavailable; the contributing multiples and their weights depend on sector rules and available data. For Harrisons Malayalam, the displayed estimate uses both stored values and their respective weights. DCF and peer estimates can differ because they use different assumptions, financial metrics, and market reference points.

Review this company's DCF valuation · Learn how DCF works · Use the DCF calculator · See Harrisons Malayalam peer valuation · What intrinsic value means

The intrinsic value shown is an algorithmic estimate based on publicly available financial data — including DCF analysis, peer comparison, and historical financials. It is not a research report, investment advice, or a recommendation to buy, sell, or hold any security. Stock valuations involve uncertainty and may differ significantly from market prices. Please consult a SEBI-registered investment adviser before making any investment decision.

Harrisons Malayalam Peer Comparison

How this company stacks up against sector peers on valuation and quality metrics.

Capital Goods · 8 peers · sector medians shown

Better than medianWorse than median

Company	Mkt Cap	P/E	P/B	EV/EBITDA	ROE	Net Margin	Rev CAGR 3y
Harrisons Malayalam HARRMALAYA · you	₹319 Cr	12.3×	2.0×	14.8×	16.3%	5.4%	3.5%
Sector median	—	25.3×	2.4×	12.1×	11.9%	4.5%	20.2%
Pitti Engineering Limited PITTIENG	₹3,599 Cr	33.4×	4.0×	12.1×	11.9%	6.2%	20.2%
Sambhv Steel Tubes Limited SAMBHV	₹3,568 Cr	21.4×	—	—	—	0.1%	—
Steelcast Limited STEELCAS	₹3,557 Cr	39.2×	12.4×	—	31.6%	0.2%	—
The Anup Engineering Limited ANUP	₹3,547 Cr	32.1×	5.1×	20.2×	16.0%	13.4%	26.0%
UFLEX Limited UFLEX	₹3,533 Cr	22.8×	1.1×	—	5.0%	0.0%	—
Harsha Engineers International Limited HARSHA	₹3,388 Cr	21.8×	2.4×	14.4×	11.1%	9.5%	6.0%
Oswal Pumps Limited OSWALPUMPS	₹3,369 Cr	4.4×	2.1×	3.0×	44.7%	18.2%	75.0%
Electrosteel Castings Limited ELECTCAST	₹3,305 Cr	27.9×	0.8×	7.8×	2.7%	2.7%	-6.7%

Peer comparison verdict

Harrisons looks attractively valued — trading at a discount to sector peers on P/E (12.3× vs sector median 25.3×) while delivering above-average returns on equity (16.3% vs 11.9%).

Business quality

Valuation

P/E ratio

12.3×

P/B ratio

—

EV/EBITDA

—

Price/Sales

—

Returns

ROE

16.3%

ROCE

6.2%

ROA

—

Growth

Revenue CAGR (3yr)

3.5%

EPS CAGR (3yr)

17.9%

Efficiency

Asset turnover

—

FCF yield

5.0%

Dividend yield

—

Liquidity & Solvency

Debt / Equity

0.35×

Debt / EBITDA

—

Interest coverage

1.4×

Current ratio

0.45×

Quick ratio

—

Financial health

Piotroski F-Score, Altman Z-Score, and key solvency ratios.

Financial health data is not yet available for this company.

Full financial data

Charts and annual statements for income, balance sheet and cash flow.

Income trend

Revenue, profit and margin trends over time.

Revenue

Net profit

Operating margin

Net margin

Revenue

₹539 Cr

Net profit

₹29 Cr

Operating margin

—

Net margin

5.4%

Revenue and net profit in ₹ Crores (left axis). Margins % on right axis.

Cash flow

Where cash comes from and where it goes.

Operating CFInvesting CFFinancing CFFree cash flow

Operating CF — Cash earned from running the business. The core engine of financial health.

Investing CF — Cash spent on assets and equipment. Negative is normal — it means the company is investing in growth.

Financing CF — Cash from borrowing or repaying loans and dividends. Negative means debt is being repaid.

Free cash flow — Operating CF minus capex. Cash left after keeping the business running. Positive and growing is ideal.

Operating CF

₹25.37 Cr

Investing CF

₹0 Cr

Financing CF

₹0 Cr

Free cash flow

₹16.1 Cr

Balance sheet

Assets show what the company owns. Liabilities show what it owes. Equity is what's left for shareholders.

How the company is funded — equity is owners' money, debt is long-term borrowing, current liabilities are short-term obligations.

Equity

Debt

Current liabilities

Total assets

—

Total debt

₹63 Cr

Equity

₹179 Cr

Debt / Equity

0.35×

Numbers are illustrative — order-of-magnitude correct. For precise figures, refer to the company's annual report on BSE/NSE.

Shareholding pattern

Who owns this company and how that has changed.

Shareholding data is not yet available for this company.