Access Engineering PLC

AEL.N0000Fairly valued

Property & Construction · Engineering & Construction

Access Engineering PLC is a Sri Lanka-based engineering and infrastructure group engaged in design, construction, materials production, mechanical engineering, property development and related services for public and private sector clients.

AEL shares are up 31.3% over the past year and last closed at Rs 80.10 on Sep 30, 2026.

Rs 80.10
+1.39%
Price history
+31.31%

Monthly seasonality

Monthly total returns by year and calendar month
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026-2.6+12.5-16.6+15.4+0.1+0.1-1.7-1.8+7.4+0.0+0.0+0.0
2025+17.3-2.0-3.5+1.3-2.1+14.9+37.6+1.0+0.2-0.8+17.3+2.7
2024-6.4+3.2+15.3+8.4-4.5+1.7-8.0-6.8+14.7+9.0+7.1+27.1
2023+6.6+17.7+9.0+1.4-3.4+16.9+6.6-2.8+16.3-11.0+6.7+6.8
2022+6.6-21.7-43.8-18.0-5.7-18.1+5.3+10.0+9.1-10.8-2.8+1.9
2021+18.2-17.5-8.7+5.0-0.9+0.0+3.5-2.5-0.4+13.5+17.6+4.2
2020-5.0-11.6-27.3+0.0+0.0+19.1+5.3+15.7+3.9-4.6+6.2+2.9
2019-2.1+0.0-5.8-0.8-5.4+17.2+29.4+4.3-6.7+24.4+1.8-4.4
2018-2.1-5.6-6.0-2.9-8.5-12.6+5.7-9.5-7.9+12.9+1.3-11.9
2017+0.0+1.2-5.2+8.0+1.6-1.5+3.9-2.6-0.4-2.7-6.3+0.0
2016-4.7-7.2+1.5+12.5-2.6-3.9+5.9+15.1+1.9-4.4-5.8+1.2
2015-19.0+5.4-29.9+19.3-7.4+12.7+14.6-5.8-5.4-5.7+1.3-0.4
2014+5.4-4.7+1.4+2.2+1.3+7.3+2.0+5.9+8.5+8.9+15.7-13.0
2013+10.0+3.5-3.9+0.5+8.6-6.0+1.0+0.0-0.5+12.8-1.3-2.2
2012+0.0+0.0+0.0+0.0-19.5+6.4-8.2-5.3+36.2-10.1-9.2+1.1
Average+1.6-1.9-8.8+4.0-3.5+3.6+6.9+1.0+5.1+2.2+3.5+1.2
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-1.1-1.0-5.5+2.2-3.0+1.7+5.3-1.8+1.9-1.8+1.5+1.2
% up43%43%29%77%29%60%80%40%60%43%64%57%
P/E
10.2
P/B
1.91
EPS
Rs 7.84
Div Yield
2.50%
Market Cap
Rs 80.1B
Beta
1.29
ROE
18.7%
Op Margin
22.7% (-1.0pp)

Fundamentals

LineFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Revenue
Rs 49.7B
+43.9%
Rs 34.5B
+60.5%
Rs 21.5B
+4.6%
Rs 20.6B
-48.1%
Rs 39.6B
+66.3%
Rs 23.8B
-0.8%
Rs 24.0B
-25.6%
Rs 32.3B
+23.9%
Operating profit
Rs 14.2B
+51.4%
Rs 9.4B
+36.4%
Rs 6.9B
-12.3%
Rs 7.8B
+86.0%
Rs 4.2B
+41.4%
Rs 3.0B
+28.0%
Rs 2.3B
-38.4%
Rs 3.8B
-18.3%
Net profit
Rs 7.7B
+23.1%
Rs 6.3B
-8.2%
Rs 6.9B
+181.3%
Rs 2.4B
-52.5%
Rs 5.1B
+114.4%
Rs 2.4B
+158.0%
Rs 927.6M
-58.7%
Rs 2.2B
-25.8%
EPS
7.17
+13.6%
6.31
-8.0%
6.86
+176.6%
2.48
-51.5%
5.11
+113.8%
2.39
+143.9%
0.98
-54.4%
2.15
-30.0%

Compared with the same period a year earlier.

Per-share figures are as reported, not adjusted for splits.

Recent dividends

  • 2026 · finalRs 1.00
  • 2026 · first interimRs 1.00
  • 2025 · second interimRs 1.00
  • 2025 · first interimRs 1.00
  • 2024 · second interimRs 1.00
  • 2024 · first interimRs 0.50
  • 2022 · second interimRs 0.75
  • 2022 · first interimRs 0.25
Peer comparison2 peers in Property & Construction
AEL.N0000 · this company
Rs 80.10
P/E
10.2
P/B
1.91
ROE
18.69%
Yield
2.50%
LUMX.N0000
Rs 8.90
P/E
-
P/B
1.44
ROE
-0.43%
Yield
-
Rs 24.60
P/E
26.5
P/B
4.21
ROE
16.01%
Yield
-
Sector median · 32 companies
P/E 10.2P/B 1.09Yield 2.39%

About Access Engineering PLC

Access Engineering PLC is a Sri Lanka-based engineering and infrastructure group engaged in design, construction, materials production, mechanical engineering, property development and related services for public and private sector clients. The Group delivers large-scale civil infrastructure and transport projects, supplies construction materials and equipment, and develops commercial and residential property assets. The Group operates across multiple complementary verticals including civil engineering, construction materials, mechanical and port equipment services (including a joint venture with ZPMC), commercial offices and warehouses, condominium developments, renewable energy integration, automobile dealerships and radiopharmaceutical manufacturing initiatives. Named operating entities in the Group include subsidiaries and businesses such as Sathosa Motors, Access Motors, Access Realties and entities involved in logistics and property development. Operations are concentrated in Sri Lanka and span project execution, asset ownership and specialist services such as container handling support for major terminals, rooftop solar integration in facilities, and local production of radiopharmaceutical isotopes to support PET diagnostics, delivered through collaborations with government and industry partners.

AI analysis

neutral

Evidence points to a neutral assessment: June revenue more than doubled, but annual cash conversion was only 0.04 times. The counterweight is a P/B more expensive than 93% of its own recorded days.

Read the full report (Sep 23, 2026) →

News sentiment

Describes news flow, not a forecast
Last 30 days
Most positive news flow in 3 months
its own lowits own high

Higher than 33% of its last 15 months · 1 of 4 in its sector

6 articles in 30 days: 4 positive, 2 negative, 0 neutral.

24 months positive negative 3-month net
Oct 24: 3 articles, net +0.63Nov 24: 6 articles, net +0.91Dec 24: 3 articles, net +0.29Feb 25: 8 articles, net +0.80Mar 25: 3 articles, net -1.00May 25: 1 articles, net +1.00Jun 25: 6 articles, net +0.89Jul 25: 4 articles, net +0.88Aug 25: 1 articles, net -1.00Oct 25: 1 articles, net +1.00Nov 25: 4 articles, net +0.50Dec 25: 9 articles, net +0.50Jan 26: 2 articles, net +1.00Feb 26: 5 articles, net +0.71Mar 26: 7 articles, net -0.43May 26: 4 articles, net +1.00Jun 26: 2 articles, net -0.83Jul 26: 4 articles, net +0.00Aug 26: 3 articles, net +0.00Sep 26: 6 articles, net +0.33Oct 24Feb 25Jun 25Oct 25Feb 26Jun 26
Recent news
View all news →
EconomyNext·Sep 25, 2026·Market commentaryNegative
Sri Lanka stocks open up, ASPI gains 0.18-pct

Colombo Stock Exchange opened higher: ASPI up 0.18% (37.48 pts) at 21,104.37 and S&P SL20 up 0.46% at 5,970.10, with turnover Rs 43.59m. Singer Finance set rights-issue and EGM/XR dates; Pan Asia Banking plans to raise up to Rs 5bn via listed debentures opening Oct 1, 2026.

EconomyNext·Sep 24, 2026·Market commentaryPositive
Sri Lanka stocks close down on cautious trading; turnover at Rs1.3bn

Colombo Stock Exchange closed marginally down with the ASPI slipping 0.09% to 21,066.89 on turnover of Rs1.31bn. Institutional crossings supported positions in PickMe, Access Engineering, Dipped Products and Sampath Bank, while Harischandra Mills appointed a new chair effective Sep 23, 2026.

EconomyNext·Sep 24, 2026·Market commentary
Sri Lanka shares close down on cautious trading; turnover at Rs1.3bn

Colombo Stock Exchange closed marginally down, the ASPI fell 0.09% to 21,066.89 with market turnover at Rs1.31 billion. Institutional crossings were seen in PickMe, Access Engineering, Dipped Products and Sampath Bank; notable contributors included Carson Cumberbatch, Commercial Bank, Hayleys and Lion Brewery, and Harischandra Mills appointed a new chairperson.

EconomyNext·Sep 22, 2026·Market commentaryPositive
Sri Lanka stocks beat early slump after sovereign rating upgrade

Fitch upgraded Sri Lanka's Long-Term Issuer Default Rating to B- from CCC+ with a Stable outlook, and the Colombo Stock Exchange's ASPI rose 0.36% to 21,054.01 on Tuesday. Top positive contributors were Access Engineering, Overseas Realty, Dialog Axiata and Hatton National Bank, while Kotmale, Namunukula Plantations, Sri Lanka Telecom, CDB and John Keells were among the decliners.

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 18, 2026·Market commentaryNegative
Sri Lanka stocks edge up on Friday to close mixed week; ASPI at 21,056

Colombo Stock Exchange ASPI rose 0.16% to 21,056.26 on Friday (S&P SL20 up 0.07%) while the ASPI ended the week down 326.48 points. Market turnover was Rs 1.34bn; People's Leasing plans to list Rs 10bn of 13.75% debentures and DFCC Bank allotted its Rs 12.5bn Tier-2 debenture issue.

EconomyNext·Sep 18, 2026·Market commentaryNegative
Sri Lanka stocks open higher on Friday morning

Colombo stocks opened higher with the ASPI up 0.12% (25.16 pts) to 21,048.59 and the S&P SL20 up 0.20% to 5,936.69; market turnover was LKR 139.24m. Top contributors included Haycarb, Melstacorp, Hayleys, Commercial Bank and HNB while Access Engineering, Vallibel One, DFCC Bank and RIL Property lagged; WindForce said it will commission a 10MW/40MWh BESS and a 5MW floating solar plant on Sept 18, 2026, taking its renewables capacity to about 268 MW.

Renewable Energy
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.

Daily FT·Sep 3, 2026·Market commentaryPositive
CSE ends marginally up on muted sentiment

Colombo bourse edged up as the ASPI rose 0.03% to 21,325.64 on turnover of over Rs.1.2bn; banks led activity while geopolitical tensions and higher global oil prices weighed on sentiment and foreigners were net sellers of Rs.7.2m.

Fuel & Energy Prices

Property & Construction sector: what is happening

Last 14 days to Sep 30, 2026

Property and construction faced a mixed policy backdrop: the proposed property tax was deferred from the 2027 Budget, while TIN certification becomes mandatory from 1 November for building-plan approvals and land registration, adding a compliance step to transactions. Public construction activity progressed through the Muthurajawela fuel-terminal contract and planned hospital infrastructure projects. Construction services exports fell in August.

Auto-generated from 12 sector news articles over 14 days. Not investment advice.