ACL Cables PLC

ACL.N0000Fairly valued

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.

Rs 92.00
+0.22%
Price history
+37.31%

Monthly seasonality

Monthly total returns by year and calendar month
YearJanFebMarAprMayJunJulAugSepOctNovDec
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
% up64%21%21%71%57%53%53%60%67%57%50%64%
P/E
10.4
P/B
1.70
EPS
Rs 8.82
Div Yield
0.54%
Market Cap
Rs 66.1B
Beta
1.05
ROE
17.5%
Op Margin
16.9% (-5.7pp)

Fundamentals

LineFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
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
Peer comparison3 peers in Manufacturing
ACL.N0000 · this company
Rs 92.00
P/E
10.4
P/B
1.70
ROE
17.50%
Yield
0.54%
KCAB.N0000 · same group, not in the median
Rs 98.60
P/E
9.0
P/B
1.35
ROE
15.37%
Yield
1.62%
Rs 35.20
P/E
6.4
P/B
1.97
ROE
30.68%
Yield
0.00%
CSLK.N0000 · same group, not in the median
Rs 13.50
P/E
18.2
P/B
2.41
ROE
15.05%
Yield
1.85%
Sector median · 29 companies
P/E 12.0P/B 1.63Yield 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

neutral

Evidence 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 forecast
Last 30 days
Most positive news flow in 5 months
its own lowits own high

Higher than 75% of its last 8 months · 2 of 5 in its sector

7 articles in 30 days: 6 positive, 0 negative, 1 neutral.

24 months positive negative 3-month net
Oct 24: 2 articles, net +0.00Apr 25: 2 articles, net +0.50Jun 25: 1 articles, net +1.00Jul 25: 2 articles, net +1.00Aug 25: 1 articles, net -1.00Sep 25: 6 articles, net +0.50Oct 25: 3 articles, net +0.29Nov 25: 2 articles, net -0.17Dec 25: 3 articles, net +1.00Jan 26: 4 articles, net +0.60Feb 26: 2 articles, net +0.50Mar 26: 7 articles, net -0.13Apr 26: 1 articles, net +1.00May 26: 2 articles, net -1.00Jun 26: 3 articles, net +0.43Jul 26: 3 articles, net -0.33Aug 26: 1 articles, net +1.00Sep 26: 7 articles, net +0.78Oct 24Feb 25Jun 25Oct 25Feb 26Jun 26
Recent news
View all news →
EconomyNext·Sep 28, 2026·Market commentaryPositive
Sri Lanka stocks close down on global headwinds, turnover Rs595mn

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.

EconomyNext·Sep 24, 2026·Market commentaryNegative
Sri Lanka stocks open higher; materials lead turnover

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.

EconomyNext·Sep 21, 2026·Market commentaryNegative
Sri Lanka stocks close lower; ASPI drops 0.37-pct

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.

EconomyNext·Sep 17, 2026·Market commentaryPositive
Stocks down on Thursday, capital goods lead turnover

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.

Fuel & Energy Prices
EconomyNext·Sep 11, 2026·Market commentaryPositive
Sri Lanka stocks trade down on Friday, Melstacorp and Sampath Bank drag

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).

EconomyNext·Sep 7, 2026·Market commentaryPositive
Sri Lanka stocks close flat on Monday, banks lead turnover

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.

EconomyNext·Sep 7, 2026·Market commentaryPositive
Sri Lanka stocks trend up on Monday

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, 2026

Manufacturing 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.

Auto-generated from 16 sector news articles over 14 days. Not investment advice.