Is Harrisons Malayalam the Best Stock in Its Sector? A Look at the Numbers
- September 28, 2026
- Posted by: Kunal Singla
- Category: Market
Harrisons Malayalam CMP Rs 174 (28 Sep 2026). Market cap Rs 319 Cr. ROE 16.31%. P/E 11.79x versus Industry P/E 23.35x.
Quick Answer
Harrisons Malayalam is one of the names investors compare when screening the Agri sector, built on a 16.31% return on equity and a P/E of 11.79x against an Industry P/E of 23.35x. Whether Harrisons Malayalam is the best stock in its sector depends on whether an investor is optimising for return ratios, valuation, or both. This article breaks down the metrics, including a comparison against named Agri sector peers, so you can judge that for yourself.
Is Harrisons Malayalam the best stock in its sector? The stock trades on the NSE at Rs 174 as of 28 September 2026, within its 52-week range of Rs 153.66 to Rs 237.90. Harrisons Malayalam Ltd grows natural rubber, tea and other plantation crops in Kerala, part of the RPG Group.
Harrisons Malayalam sits in the Agri sector, and its 16.31% ROE and 11.79x P/E give a starting point for judging where it stands against comparable listed names. The rest of this article compares those numbers against verified peers and the sector’s Industry P/E benchmark.
Also read – Is Abbott India the Best Stock in Its Sector? A Look at the Numbers
Click Here – Get Free Investment Predictions
About Harrisons Malayalam
Harrisons Malayalam Ltd grows natural rubber, tea and other plantation crops in Kerala, part of the RPG Group. The stock is trading closer to its 52-week low than its high. At a market capitalisation of Rs 319 Cr, it is tracked as part of the Agri sector on Univest.
Is Harrisons Malayalam the Best Stock in Its Sector?
Harrisons Malayalam makes its case as the best stock in its sector primarily on return on equity and balance sheet strength, combining a 16.31% ROE with a 11.79x P/E against the sector’s 23.35x Industry P/E. Harrisons Malayalam’s 11.79x P/E is well below the 23.35x Industry P/E despite a 16.31% ROE, but rubber and tea prices can move earnings sharply from year to year.
| Metric | Harrisons Malayalam |
|---|---|
| CMP (NSE) | Rs 173.99 |
| 52-Week High / Low | Rs 237.90 / Rs 153.66 |
| Market Cap | Rs 319 Cr |
| P/E (TTM) vs Industry P/E | 11.79x vs 23.35x |
| P/B | 1.79 |
| ROE | 16.31% |
| EPS (TTM) | Rs 14.68 |
| Dividend Yield | 0.00% |
| Debt to Equity | 0.62 |
Compare Harrisons Malayalam Against Other Agri Sector Stocks
How Harrisons Malayalam Compares Against Its Agri Sector Peers
The table below sets Harrisons Malayalam against 2 other Agri sector names, using the same live data source for every company. A peer average row is included for P/E, ROE and debt to equity, calculated across the 2 peer companies.
| Company | Market Cap (Rs Cr) | P/E | ROE | Debt to Equity |
|---|---|---|---|---|
| Harrisons Malayalam | 319 | 11.79 | 16.31% | 0.62 |
| Godrej Agrovet | 12,990 | 30.59 | 23.27% | 0.77 |
| Dhampur Sugar Mills | 1,082 | 15.36 | 5.44% | 0.75 |
| Peer average (2 companies) | – | 22.98 | 14.36% | 0.76 |
Against this peer set, Harrisons Malayalam’s 16.31% ROE is above the 14.36% peer average, and its P/E of 11.79x runs below the peer average of 22.98x. Harrisons Malayalam’s 11.79x P/E is well below the 23.35x Industry P/E despite a 16.31% ROE, but rubber and tea prices can move earnings sharply from year to year.
What Makes Harrisons Malayalam Worth Watching in Agri
- Well below Industry P/E: An 11.79x P/E against a 23.35x Industry P/E is a discount for a business with a 16.31% ROE.
- Strong ROE: A 16.31% ROE is high for a plantation business, though plantation earnings swing with commodity prices.
- RPG Group backing: Being part of the RPG Group gives Harrisons Malayalam an established parent and long operating history.
Harrisons Malayalam Valuation: Is It Justified?
Harrisons Malayalam’s 11.79x P/E is well below the 23.35x Industry P/E despite a 16.31% ROE, but rubber and tea prices can move earnings sharply from year to year. As with any single stock, investors should weigh this against their own valuation discipline and risk appetite rather than the sector label alone.
Also read – Is Godrej Agrovet the Best Stock in Its Sector? A Look at the Numbers
Download the Univest iOS App or Univest Android App to track Harrisons Malayalam and other Agri sector stocks.
How to Track Harrisons Malayalam Before You Invest
Before deciding whether Harrisons Malayalam deserves its label as the best stock in its sector for your own portfolio, compare it directly against Agri sector peers using the steps below.
- Open the Univest Screener and search for Harrisons Malayalam to view live price, valuation ratios, and peer comparisons within the Agri sector.
- Compare its P/E, P/B, and ROE against other Agri sector stocks before deciding if the current valuation fits your strategy.
- Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.
- Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.
Conclusion
Harrisons Malayalam earns a place in the best stock in its sector conversation on the strength of a 16.31% ROE and a P/E of 11.79x against a 23.35x Industry P/E, with named peer comparisons in this article backing up that picture. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Is Harrisons Malayalam the best stock in its sector?
Ans. Harrisons Malayalam has a 16.31% ROE and trades at 11.79x P/E against a 23.35x Industry P/E, and compares above the peer average ROE of 14.36% in this article’s named comparison, so the answer depends on what an investor is prioritising.
What is the current share price of Harrisons Malayalam?
Ans. Harrisons Malayalam was trading at Rs 173.99 on the NSE as of 28 September 2026, within its 52-week range of Rs 153.66 to Rs 237.90.
What sector does Harrisons Malayalam belong to?
Ans. Harrisons Malayalam is classified under the Agri sector on Univest.
How does Harrisons Malayalam compare to its sector peers on P/E?
Ans. Harrisons Malayalam’s P/E of 11.79x is below the 22.98x average of the 2 named peers compared in this article.
What is Harrisons Malayalam’s return on equity?
Ans. Harrisons Malayalam reported a return on equity of 16.31%, which is above the 14.36% average of its named peers in this comparison.
Should I invest in Harrisons Malayalam based on its sector position?
Ans. Harrisons Malayalam’s sector position and metrics make it worth researching further, but any investment decision should factor in your own risk appetite, its valuation relative to peers, and independent research or advice from a SEBI-registered advisor.
