Banks & Finance · Finance/Rental/Leasing
Asia Asset Finance PLC is a Sri Lanka-based non-banking financial institution that provides asset finance, retail lending, leasing and deposit services across the country.
AAF shares are down 16.1% over the past year and last closed at Rs 46.00 on Sep 30, 2026.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -1.1 | +14.3 | -12.7 | +9.9 | +1.0 | +2.9 | -1.3 | -8.2 | -4.2 | +0.0 | +0.0 | +0.0 |
| 2025 | +7.8 | -3.4 | -1.4 | +12.3 | +17.1 | +13.5 | +25.0 | -8.3 | +35.6 | -5.6 | -10.6 | -1.7 |
| 2024 | +0.0 | +5.0 | +19.0 | -4.0 | -6.3 | +0.0 | -9.6 | +1.6 | +8.9 | +6.7 | +14.6 | +63.0 |
| 2023 | +2.6 | +1.2 | +1.2 | +4.9 | -3.5 | +0.0 | +56.6 | +1.5 | +6.1 | -2.9 | -11.8 | +0.0 |
| 2022 | +3.6 | -4.6 | -15.7 | -14.3 | +1.7 | -8.2 | +3.6 | +1.7 | +27.1 | +0.0 | -8.0 | +13.0 |
| 2021 | -13.5 | -15.6 | -13.8 | +7.1 | +15.0 | +13.0 | +0.0 | -5.1 | +4.1 | +5.2 | -3.7 | +7.7 |
| 2020 | -8.0 | -11.1 | -23.6 | +0.0 | +0.0 | -9.8 | +50.9 | -2.4 | +12.3 | -4.4 | -3.4 | +6.0 |
| 2019 | +0.0 | -7.8 | -3.6 | -7.5 | -4.1 | +5.6 | +6.7 | +2.5 | -3.7 | +11.4 | +1.1 | -1.1 |
| 2018 | -6.7 | +0.0 | +0.0 | -7.1 | -7.7 | -8.3 | +0.0 | +0.0 | +0.0 | +0.0 | -9.1 | -10.0 |
| 2017 | -6.7 | -7.1 | +7.7 | +7.1 | +6.7 | +0.0 | -6.3 | +6.7 | -6.3 | +0.0 | -6.7 | +7.1 |
| 2016 | -5.9 | -12.5 | -7.1 | +15.4 | +6.7 | +0.0 | +0.0 | -6.3 | +6.7 | +0.0 | -6.3 | +0.0 |
| 2015 | -5.3 | -5.6 | +0.0 | +11.8 | -5.3 | -5.6 | +5.9 | -5.6 | -5.9 | +0.0 | +6.3 | +0.0 |
| 2014 | +0.0 | -10.5 | +11.8 | +0.0 | -5.3 | +5.6 | -15.8 | +6.3 | +8.0 | -5.6 | +5.9 | +5.6 |
| 2013 | -10.3 | -11.5 | -4.3 | +13.6 | -4.0 | -4.2 | -17.4 | -10.5 | +29.4 | -4.5 | -9.5 | +0.0 |
| 2012 | +0.0 | +0.0 | +0.0 | -15.4 | -21.2 | +11.5 | -10.3 | +3.8 | +18.5 | -18.7 | -11.5 | +26.1 |
| Average | -3.1 | -4.9 | -3.0 | +2.4 | -0.6 | +1.1 | +5.9 | -1.5 | +9.1 | -1.3 | -3.8 | +8.3 |
| ASPI average | +3.1 | -2.7 | -4.7 | +2.0 | +0.2 | +0.8 | +3.1 | +2.2 | +3.2 | -0.1 | +1.0 | +3.0 |
| Median | -3.2 | -6.3 | -2.5 | +6.0 | -3.7 | +0.0 | +0.0 | +0.0 | +6.7 | +0.0 | -6.5 | +2.8 |
| % up | 21% | 21% | 29% | 57% | 43% | 40% | 40% | 47% | 67% | 21% | 29% | 50% |
| Line | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Total income | Rs 6.0B -12.5% | Rs 6.9B +193.3% | Rs 2.4B -0.1% | Rs 2.4B +26.7% | Rs 1.9B +24.5% | Rs 1.5B -8.4% | Rs 1.6B +13.5% | Rs 1.4B -44.2% |
| Operating profit | Rs 2.8B +196.3% | Rs 935.5M +95.6% | Rs 478.2M +18.8% | Rs 402.5M +68.6% | Rs 238.8M +81.1% | Rs 131.8M -10.1% | Rs 146.7M -7.4% | Rs 158.4M -28.7% |
| Net profit | Rs 1.0B +135.4% | Rs 441.1M +28.2% | Rs 344.2M +16.5% | Rs 295.3M +149.1% | Rs 118.6M +162.3% | Rs 45.2M -35.6% | Rs 70.2M -30.5% | Rs 100.9M -43.4% |
| EPS | 8.36 +135.5% | 3.55 +28.2% | 2.77 +16.4% | 2.38 +150.5% | 0.95 +163.9% | 0.36 -36.8% | 0.57 -39.4% | 0.94 +347.6% |
Compared with the same period a year earlier.
Parent company only. Subsidiaries are not included.
Per-share figures are as reported, not adjusted for splits.
| # | Company | Price | Mkt cap | P/E | P/B | EPS | ROE | Div Yield |
|---|---|---|---|---|---|---|---|---|
| 1 | AAF.N0000 · this company | 46.00 | Rs 10.2B | 5.0 | 1.53 | 9.16 | 24.73% | 1.10% |
| 2 | SDF.N0000 | 37.90 | Rs 5.7B | 6.9 | 1.23 | 5.48 | 19.32% | 5.28% |
| 3 | MBSL.N0000 | 9.90 | Rs 5.2B | - | 1.25 | -0.19 | 3.48% | 0.00% |
| 4 | LCBF.N0000 | 5.80 | Rs 4.6B | 16.1 | 1.33 | 0.36 | 8.34% | 2.54% |
| 5 | PMB.N0000 | 9.00 | Rs 3.6B | 9.9 | 1.05 | 0.91 | 10.81% | 0.00% |
| 6 | CRL.N0000 | 3.60 | Rs 3.5B | 60.6 | 1.16 | 0.06 | 4.88% | 0.00% |
| Peer median · 5 companies | - | - | 13.0 | 1.23 | - | - | 0.00% |
Asia Asset Finance PLC is a Sri Lanka-based non-banking financial institution that provides asset finance, retail lending, leasing and deposit services across the country. The company’s business is anchored by its flagship Gold Loan product and a diversified lending portfolio that includes micro‑mortgages, micro and agricultural leasing and other retail lending solutions, delivered through an expanding branch network which reached a 100-branch milestone during the period. AAF also accepts customer funding, notably fixed deposits, and manages treasury and liquidity to support its lending operations; it has pursued product diversification and strategic expansion into semi-urban and rural areas to advance financial inclusion. The company has accelerated digital initiatives such as online onboarding and mobile platforms to improve customer convenience and operational efficiency. Operations are conducted in Sri Lanka with an emphasis on prudent risk management, governance and sustainability, and the company reports adherence to applicable Sri Lankan regulatory and reporting frameworks; the report notes AAF as one of the non-banking financial institutions holding an A+ rating.
Evidence points bullish: June profit rose 137% year-on-year and the completed rights issue strengthened capital. The catch is that margins narrowed and lender leverage remains high.
Read the full report (Sep 19, 2026) →Higher than 90% of its last 10 months · 2 of 26 in its sector
5 articles in 30 days: 4 positive, 0 negative, 1 neutral.
Asia Asset Finance PLC's rights issue of 45,162,012 shares at Rs.33.30 (target ~Rs.1.504bn) was oversubscribed, receiving applications totalling ~Rs.1.937bn (oversubscription ~Rs.432.49m). The capital infusion strengthens its CAR and supports planned expansion.
Asia Asset Finance PLC's rights issue of 45,162,012 shares at Rs.33.30 (targeting ~Rs.1.504bn) was oversubscribed, receiving applications totalling ~Rs.1.937bn-about Rs.432.49m above the target. The new capital strengthens the company's capital adequacy and supports planned expansion and resilience.
Colombo Stock Exchange edged lower as the ASPI slipped 0.07% (down 15.72 pts) to 21,246.41 while the S&P SL20 was flat at 5,976.82. Top movers included Namunukula (+12.37%), Co-operative Insurance (+3.03%) and HNB (+0.20%); Printcare fell 5% after a board-recommended rights issue and Asia Asset Finance listed converted shares.
Asia Asset Finance PLC listed 45,162,012 ordinary voting shares after a rights issue that raised Rs1,503,894,999.60 (Rs33.30/share) to strengthen Tier-1 capital for CBSL regulatory compliance; shares were trading at Rs46.90, down Rs0.60.
Secondary government bond yields fell across key tenors while buying interest remained strong; a Treasury Bill auction today will offer Rs.80 billion (Rs.35bn 91-day, Rs.25bn 182-day, Rs.20bn 364-day). Money-market liquidity stayed in a Rs.138.76bn surplus and the Central Bank conducted repos to absorb liquidity.
Asia Asset Finance PLC said its Rs. 1.5 billion rights issue was oversubscribed, with total applications for 58.179 million shares, reflecting an oversubscription of Rs. 433.5 million. For the quarter ended 30 Jun 2026 PBT was Rs. 877.9m (+197.8% YoY) and PAT Rs. 429.4m (+137.0% YoY); loan portfolio rose to Rs. 50.51bn.
Rights issue · 4:11 at Rs 33.30 · XD Jul 31, 2026
Rights issue (4:11) at LKR 33.3/share; XD 2026-07-31; record 2026-08-03
Asia Asset Finance PLC won the Bronze Award in Category 4 (Banks and Financial Institutions) at the CRIB Data Management and Compliance Awards 2026, recognising its credit data management, regulatory compliance and data governance and citing strong systems, controls and a Fitch A+(lka) rating.
Colombo's ASPI fell 0.29% (62.5 pts) to 21,416.57 as Middle East tensions and rising oil prices dampened sentiment; turnover topped Rs.1.5bn with food, beverage & tobacco accounting for 30% and banks/capital goods contributing heavily. Several counters including SAMP, BREW, CFIN, BUKI, DIAL and SUN were cited.
A seminar on changes to Sri Lanka's AML/CFT regime will be held on 20 Aug to examine three amendments passed on 9 July 2026 strengthening anti-money laundering and counter-terrorist financing laws. The event targets compliance officers of banks and financial institutions and will cover practical and regulatory implications.
With policy held at 8.75% amid 8.0% inflation, and Treasury and secondary bond yields rising during the window, banks face continued pressure to reprice deposits and loans while government-securities portfolios remain sensitive to yield moves. The rupee weakened and foreign investors sold rupee bonds for a second week. From 1 November, TIN verification will be required for bank accounts and credit cards, adding onboarding compliance.
Auto-generated from 45 sector news articles over 14 days. Not investment advice.