Colombo Stock Exchange closed lower with the ASPI down 0.39% to 20,955.56 and turnover at Rs595.97mn. Top contributors included Distilleries, Ceylon Tobacco, Laugfs Gas and Hayleys, while SMB Finance, Carson Cumberbatch, Sri Lanka Telecom and Dialog were among the laggards; ACL Cables announced a 60 cent interim dividend.
Manufacturing · Electrical Products
ACL Cables PLC is a Sri Lanka–based manufacturer and marketer of electrical cables and conductors, providing LV power cables, control and telecommunication cables, medium HV conductors and related electrical solutions to domestic and export markets.
ACL shares are up 37.3% over the past year and last closed at Rs 92.00 on Sep 30, 2026.
Monthly seasonality
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +13.6 | +1.0 | -17.5 | +17.9 | -0.2 | +0.0 | -5.8 | +0.7 | -3.1 | +0.0 | +0.0 | +0.0 |
| 2025 | +21.3 | -11.8 | -2.4 | +4.0 | +11.2 | +4.4 | +26.2 | -0.9 | +11.1 | +6.5 | +0.2 | +21.4 |
| 2024 | -1.6 | +13.9 | +8.0 | +3.3 | -3.3 | -0.6 | -0.7 | -2.3 | +3.6 | +10.8 | +1.9 | +25.3 |
| 2023 | +7.1 | -4.0 | +15.3 | -7.0 | -13.2 | +17.2 | +5.7 | -8.8 | +4.1 | -11.0 | +0.6 | -1.4 |
| 2022 | +23.2 | -18.0 | -44.3 | -30.1 | +12.5 | -13.4 | -3.6 | +80.8 | +69.6 | -26.1 | -1.3 | -16.6 |
| 2021 | +37.3 | -25.8 | -8.3 | +5.5 | +0.5 | +3.9 | +5.5 | +3.3 | +0.2 | +54.0 | +34.3 | +12.8 |
| 2020 | -7.5 | -10.7 | -35.7 | +0.0 | +0.0 | +16.9 | +0.0 | +5.8 | +7.4 | +15.3 | +15.4 | +13.5 |
| 2019 | +4.2 | -8.8 | -5.6 | -7.1 | +1.7 | +1.6 | +27.4 | -2.8 | +0.3 | +20.8 | +22.6 | +2.5 |
| 2018 | +2.8 | -4.1 | -1.4 | +3.2 | -5.4 | -1.2 | +6.3 | -4.8 | -7.0 | +7.0 | -9.5 | +0.0 |
| 2017 | -4.1 | -2.0 | -6.6 | +10.2 | -1.7 | -3.4 | +1.1 | -12.4 | -10.0 | -1.1 | -1.8 | -3.4 |
| 2016 | -7.4 | -8.9 | -2.0 | +13.0 | +4.9 | -3.0 | -48.3 | +6.7 | +1.7 | -2.3 | -5.6 | +3.4 |
| 2015 | +3.4 | +2.5 | -6.2 | +13.8 | +3.5 | +1.7 | +12.6 | +11.2 | -4.4 | +8.8 | -0.9 | +3.0 |
| 2014 | +6.3 | -7.4 | -4.5 | +5.7 | +0.5 | +1.9 | +7.6 | +1.1 | +7.2 | -3.1 | +3.4 | -0.9 |
| 2013 | -0.6 | -3.1 | +0.9 | +5.3 | +11.3 | -10.8 | -2.2 | +2.1 | -4.7 | +5.5 | -9.9 | +4.7 |
| 2012 | +0.0 | +0.0 | +0.0 | -2.6 | -11.5 | +2.4 | -6.1 | +17.0 | +23.6 | -9.3 | -2.9 | +2.1 |
| Average | +7.0 | -6.2 | -7.9 | +2.5 | +0.8 | +1.2 | +1.7 | +6.5 | +6.6 | +5.4 | +3.3 | +4.7 |
| 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 | +3.8 | -5.8 | -5.0 | +4.7 | +0.5 | +1.6 | +1.1 | +1.1 | +1.7 | +6.0 | -0.4 | +2.7 |
| % up | 64% | 21% | 21% | 71% | 57% | 53% | 53% | 60% | 67% | 57% | 50% | 64% |
Fundamentals
| Line | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | Rs 45.5B +21.4% | Rs 37.5B +28.4% | Rs 29.2B -3.2% | Rs 30.1B -14.7% | Rs 35.3B +56.2% | Rs 22.6B +21.1% | Rs 18.7B +2.7% | Rs 18.2B +11.9% |
| Operating profit | Rs 9.2B +22.9% | Rs 7.5B +54.9% | Rs 4.8B -46.9% | Rs 9.1B +55.3% | Rs 5.8B +152.9% | Rs 2.3B +28.4% | Rs 1.8B +29.2% | Rs 1.4B -0.6% |
| Net profit | Rs 7.3B +34.3% | Rs 5.4B +57.3% | Rs 3.4B -50.9% | Rs 7.0B +37.1% | Rs 5.1B +191.6% | Rs 1.8B +71.2% | Rs 1.0B +64.1% | Rs 624.3M -18.2% |
| EPS | 8.82 -53.9% | 19.11 +60.2% | 11.93 -52.0% | 24.84 +38.2% | 17.97 +177.7% | 6.47 -13.0% | 7.44 +59.3% | 4.67 -19.8% |
Compared with the same period a year earlier.
Per-share figures are as reported, not adjusted for splits.
Recent dividends
- 2026 · first interimRs 0.60
- 2025 · first interimRs 1.50
- 2024 · first interimRs 1.25
- 2023 · first interimRs 1.25
- 2022 · first interimRs 1.00
- 2021 · first interimRs 1.00
- 2021Rs 1.50
- 2020 · first interimRs 1.50
| # | Company | Price | Mkt cap | P/E | P/B | EPS | ROE | Div Yield |
|---|---|---|---|---|---|---|---|---|
| 1 | ACL.N0000 · this company | 92.00 | Rs 66.1B | 10.4 | 1.70 | 8.82 | 17.50% | 0.54% |
| 2 | KCAB.N0000 · same group, not in the median | 98.60 | Rs 21.5B | 9.0 | 1.35 | 11.00 | 15.37% | 1.62% |
| 3 | SIRA.N0000 | 35.20 | Rs 18.9B | 6.4 | 1.97 | 5.48 | 30.68% | 0.00% |
| 4 | CSLK.N0000 · same group, not in the median | 13.50 | Rs 6.4B | 18.2 | 2.41 | 0.74 | 15.05% | 1.85% |
| Sector median · 29 companies | - | - | 12.0 | 1.63 | - | - | 2.05% |
About ACL Cables PLC
ACL Cables PLC is a Sri Lanka–based manufacturer and marketer of electrical cables and conductors, providing LV power cables, control and telecommunication cables, medium HV conductors and related electrical solutions to domestic and export markets. The Company is positioned as a leading cable manufacturer in Sri Lanka and emphasizes product quality, customer satisfaction and sustainability. Operations are organised to serve both institutional and retail markets: the institutional business supplies products for government and large private projects, while the retail business supplies branded cables and electrical solutions through distributors and dealers and is expanding its switch and MCB offerings. The Company has introduced product innovations such as a Super PVC range aimed at improved safety and energy efficiency. ACL Cables operates a fully integrated manufacturing capability supported by an extensive distribution network and has group subsidiaries including Cable Solutions PLC, which has been listed on the Colombo Stock Exchange. The Company has received industry recognition for export performance and ethical trading.
AI analysis
neutralEvidence points to a neutral assessment: revenue grew 16.6% and debt remains low. The catch is that operating margin fell 5.7 points.
Read the full report (Sep 28, 2026) →News sentiment
Describes news flow, not a forecastHigher than 75% of its last 8 months · 2 of 5 in its sector
7 articles in 30 days: 6 positive, 0 negative, 1 neutral.
Dividend · Rs 0.60 · XD Oct 7, 2026
First Interim dividend of LKR 0.6/share; XD 2026-10-07; record 2026-10-08; payable 2026-10-26; FY 31st March 2026
Colombo Stock Exchange opened higher: ASPI +0.12% (21,109.70), S&P SL20 +0.23% (5,960.94); turnover Rs147.41m, materials led Rs35.96m. Movers included Commercial Bank, Hemas and Industrial Asphalts up, ACL Cables and Haycarb down; People's Leasing debenture was oversubscribed and Colombo Dockyard disclosed director trades.
Colombo Stock Exchange closed lower on Monday, with the ASPI down 0.37% (77.08 points) to 20,979. Market turnover was Rs 750.35 million; Aitken Spence, Nations Trust Bank and HNB Life were positive contributors while Melstacorp, Hatton National Bank, ACL Cables and Access Engineering were top decliners.
Colombo Stock Exchange fell as the ASPI dropped 0.47% (−100.30 pts) to 21,033.11 and the S&P SL20 fell 0.30% to 5,929.45; market turnover was LKR 1.33bn, led by capital goods (LKR 282.3m). Investors cited slowing GDP momentum, US midterms and possible crude oil price rises as factors.
Colombo Stock Exchange indices fell on Friday, with the ASPI down 0.23% (48.25 points) to 21,309.49 and the S&P SL20 down 0.03% to 6,002.36 on turnover of Rs221.65 million. Top negatives included Melstacorp, Sampath Bank, Royal Ceramics and Ceylon Tobacco; Ramboda Falls announced a Rs0.50 interim dividend (XD Sept 21).
Colombo Stock Exchange closed flat; ASPI rose 0.01% to 21,623.66 and S&P SL20 was up 0.23%. Market turnover was LKR 2.133bn, led by banks (LKR 473.3m) and insurance (LKR 412.3m). Top movers: ACL, SLTL, HNB, DIAL up; HAYC, JKH, CCS down.
Sri Lanka's ASPI rose 0.17% to 21,657.17 in early trading while the S&P SL20 gained 0.54% to 6,091.65 on turnover of Rs 446 million. Several firms were placed or moved to the watchlist for non-submission of FY2026 annual reports (SHL, HELA, MEL, LGL, EXT, BFN, TESS, EMER); top gainers included DIAL, HNB, COMB, AEL, ACL and top losers HAYC, DOCK, BIL, CCS.
Manufacturing sector: what is happening
Last 14 days to Sep 30, 2026Manufacturing export conditions weakened in August as apparel, tea and coconut-based product shipments fell, although merchandise exports remained higher over January-August. Exporters also reported certification delays, cost pressures and cheaper imported rubber undermining local value addition. Oil-price swings added uncertainty to energy and transport inputs, while industry proposals continued to stress higher-value agrifood processing, traceability and mechanisation.
The stories behind it
Auto-generated from 16 sector news articles over 14 days. Not investment advice.