ScoreWhy is Harischandra Mills Plc ?
1
Company's ability to service its debt is strong with a healthy EBIT to Interest (avg) ratio of 27.50
2
Poor long term growth as Operating profit has grown by an annual rate 12.57% of over the last 5 years
3
Flat results in Dec 25
- INTEREST(Q) Highest at LKR 4.25 MM
4
With ROE of 14.90%, it has a expensive valuation with a 7.97 Price to Book Value
- The stock is trading at a premium compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 38.10%, its profits have risen by 23.1% ; the PEG ratio of the company is 2.3
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to Harischandra Mills Plc should be less than 10%
- Overall Portfolio exposure to FMCG should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in FMCG)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Harischandra Mills Plc for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Harischandra Mills Plc
38.1%
0.34
75.76%
Sri Lanka CSE All Share
41.16%
2.63
15.67%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
13.67%
EBIT Growth (5y)
12.57%
EBIT to Interest (avg)
27.50
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.35
Sales to Capital Employed (avg)
3.41
Tax Ratio
26.41%
Dividend Payout Ratio
60.68%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
17.09%
ROE (avg)
12.17%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
53
Industry P/E
Price to Book Value
7.97
EV to EBIT
44.37
EV to EBITDA
34.02
EV to Capital Employed
11.69
EV to Sales
2.16
PEG Ratio
2.32
Dividend Yield
NA
ROCE (Latest)
26.36%
ROE (Latest)
14.90%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bullish
Bearish
OBV
No Trend
No Trend
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend4What is working for the Company
RAW MATERIAL COST(Y)
Fallen by 1.33% (YoY
CASH AND EQV(HY)
Highest at LKR 1,396.45 MM
DEBTORS TURNOVER RATIO(HY)
Highest at 10.53 times
NET SALES(Q)
Highest at LKR 1,788.93 MM
-3What is not working for the Company
INTEREST(Q)
Highest at LKR 4.25 MM
Here's what is working for Harischandra Mills Plc
Net Sales
Highest at LKR 1,788.93 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (LKR MM)
Cash and Eqv
Highest at LKR 1,396.45 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Debtors Turnover Ratio
Highest at 10.53 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Raw Material Cost
Fallen by 1.33% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales
Depreciation
Highest at LKR 28.64 MM
in the last five periodsMOJO Watch
The expenditure on assets done by the company may have gone into operation
Depreciation (LKR MM)
Here's what is not working for Harischandra Mills Plc
Interest
At LKR 4.25 MM has Grown at 68.74%
period on period (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (LKR MM)
Interest
Highest at LKR 4.25 MM
in the last five periods and Increased by 68.74% (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (LKR MM)
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
GET THE MARKETSMOJO APP
Company
Stocks
Portfolio
"Investment in securities markets are subject to market risk. Read all the related documents carefully before investing."
