EquityLK

Abans Finance PLC

AFSL.N0000Moderately undervalued

Banks & Finance · Finance/Rental/Leasing

Abans Finance PLC is a Sri Lanka-based non-banking financial institution offering a range of consumer and small business financial solutions under the regulatory oversight of the Central Bank of Sri Lanka and listed on the Colombo Stock Exchange. The company is rated A- (lka) by Fitch Ratings.

AFSL shares are up 24.2% over the past year and last closed at Rs 83.20 on Sep 30, 2026.

Rs 83.20
+0.12%
Price history
+24.18%

Monthly seasonality

Monthly total returns by year and calendar month
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026+24.9+17.5-16.7+24.7-5.8+2.4-7.7-5.7-6.2+0.0+0.0+0.0
2025+0.0+2.6+7.9-4.9-1.6+49.0+14.5-2.3-3.4+2.9+11.0-13.0
2024-11.9+6.3-4.5+4.8-3.6-0.9-1.9-2.4+5.0+3.3+15.1+67.3
2023-2.7+5.6+3.1-1.7-7.0+5.6+6.6+3.7+3.6-13.9+3.1+2.2
2022-3.1+3.2-9.7-13.5+0.0+0.0+0.5+11.9+6.7-15.0+7.4+0.9
2021-7.5+1.5-14.9+23.4+2.8-2.7+0.3-14.1+5.6-1.5-0.4+23.6
2020+5.4-7.0-7.5+0.0+0.0+10.0+1.0-8.0+59.8-6.5+1.1+5.8
2019-8.6-5.9-3.7+3.9-12.5+17.9+17.6-4.6-11.4+50.6-8.9-9.3
2018+5.7-4.2-0.4+0.4-2.6-1.8-20.0+8.0-7.4+19.3-19.0+9.4
2017-0.3-1.3-15.3+14.0+8.4-6.5-8.3-5.7+0.0+2.0-5.9-5.4
2016-8.4+11.9-7.7-1.3+49.5-21.4+16.2-6.0-6.2-3.3-18.2-16.7
2015+5.7-2.5-6.6+23.1+8.3-4.4+13.8+12.2-8.2-0.3+9.2-2.4
2014+0.0-1.1+5.4+0.7-9.1+1.5+4.8-2.4-2.2-4.0-2.7+3.9
2013-9.2-13.0-3.3+15.5-2.1+1.5-2.7-1.5-1.3-3.2-1.0-6.6
2012+0.0+0.0+0.0-12.9-23.1+26.3+8.5+7.8-3.5-3.9+0.0+0.0
Average-0.7+1.0-5.3+5.4+0.1+5.5+2.9-0.6+2.1+1.9-0.7+4.6
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-1.5+0.2-5.6+2.3-2.6+1.5+1.0-2.4-2.2-2.3-0.4+0.9
% up29%50%21%64%31%57%67%33%33%36%46%54%
P/E
7.2
P/B
1.43
EPS
Rs 11.63
Div Yield
3.27%
Market Cap
Rs 6.1B
Beta
-0.10
ROE
20.6%
Op Margin
35.1% (-6.8pp)

Fundamentals

LineFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Total income
Rs 3.5B
+39.9%
Rs 2.5B
+72.4%
Rs 1.4B
-10.1%
Rs 1.6B
+3.0%
Rs 1.6B
+33.4%
Rs 1.2B
+1.5%
Rs 1.1B
+9.9%
Rs 1.0B
+8.7%
Operating profit
Rs 1.7B
+77.0%
Rs 951.4M
+344.5%
Rs 214.0M
-68.6%
Rs 682.5M
-7.8%
Rs 739.9M
+41.5%
Rs 522.9M
+121.8%
Rs 235.7M
+30.1%
Rs 181.2M
+36.3%
Net profit
Rs 857.1M
+101.3%
Rs 425.8M
+308.1%
Rs 104.3M
-70.6%
Rs 355.1M
-17.5%
Rs 430.3M
+49.8%
Rs 287.2M
+177.7%
Rs 103.4M
+336.0%
Rs 23.7M
-75.0%
EPS
11.63
+101.2%
5.78
+307.0%
1.42
-70.5%
4.82
-25.4%
6.46
+49.9%
4.31
+178.1%
1.55
+330.6%
0.36
-75.0%

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.

Recent dividends

  • 2026 · first interimRs 2.72
Peer comparison7 peers in Banks & Finance
Sector overview Open in screener
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6UB Finance PLC
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7Abans Finance PLC
AFSL.N0000 · this company
Rs 83.20
P/E
7.2
P/B
1.43
ROE
20.63%
Yield
3.27%
8Janashakthi Finance PLC
BFN.N0000
Rs 27.80
P/E
13.5
P/B
1.43
ROE
1.79%
Yield
0.00%
Peer median · 7 companies
P/E 13.5P/B 1.43Yield 0.00%

About Abans Finance PLC

Abans Finance PLC is a Sri Lanka-based non-banking financial institution offering a range of consumer and small business financial solutions under the regulatory oversight of the Central Bank of Sri Lanka and listed on the Colombo Stock Exchange. The company is rated A- (lka) by Fitch Ratings. Its core activities centre on leasing and hire-purchase products, with particular emphasis on registered two-wheelers and three-wheelers and a growing offering for four-wheelers, electric vehicles and unregistered vehicle financing. The company also offers deposit and savings products, fixed deposits and a suite of lending products, including recently launched gold loans and targeted micro-enterprise support. Abans Finance distributes its products through a nationwide branch network of nineteen branches and leverages synergies with its parent, Abans PLC, and the parent’s broader retail footprint. The company is focused on geographic expansion, digital transformation and cross-selling to deepen customer relationships across Sri Lanka.

Interest RatesGold & Pawning

AI analysis

bullish

Audited profit more than doubled to LKR 857 million in FY2026, but debt gearing rose to 75.9%.

Read the full report (Sep 2, 2026) →

News sentiment

Describes news flow, not a forecast
Last 30 days
Not enough news to read

1 article in 30 days: 1 positive, 0 negative, 0 neutral.

24 months positive negative 3-month net
Jan 25: 3 articles, net +0.67Jul 25: 2 articles, net +1.00Dec 25: 3 articles, net +0.67Apr 26: 6 articles, net +0.67May 26: 2 articles, net +1.00Jun 26: 2 articles, net +0.50Sep 26: 1 articles, net +1.00Oct 24Feb 25Jun 25Oct 25Feb 26Jun 26
Recent news
View all news →
Daily FT·Sep 21, 2026·Promotional / marketingPositive
Abans Finance: Built on 20 years of trusted financial excellence

Abans Finance (AFSL) reported strong FY2025/26 results: Total Income rose 35.1% to Rs.4.67bn, Net Interest Income +46.8% to Rs.3.07bn, Profit Before Tax +81.8% to Rs.1.28bn and Profit After Tax +101.2% to Rs.857m; total loans +53.0% to Rs.16.93bn and assets +54.3% to Rs.20.81bn. The company holds an A-(lka) Fitch rating, won sector awards and opened four new branches in 2026 as part of an expansion plan.

Daily FT·Sep 1, 2026·Management or board changePositive
Abans Finance appoints Lakshman Gunasekara as new CEO

Abans Finance PLC appointed Lakshman Gunasekara as Chief Executive Officer effective 24 August 2026. Gunasekara has over 20 years' experience, previously served as Head of Recoveries at Abans Finance and was Assistant General Manager at LOLC from 2007-2019.

Daily FT·Aug 4, 2026·Award or certificationPositive
Abans Finance ranked No. 1 Best Performing Finance Company by K Seeds Investments

Abans Finance PLC was ranked No.1 Best Performing Finance Company in Category 3 by K Seeds Investments for Q4 FY2025/26. The company reported revenue of Rs.1.37 billion and profit after tax of Rs.334.9 million (185.58% YoY), with assets above Rs.20.8 billion and 10.71% loan growth.

Daily FT·Jul 22, 2026·Promotional / marketingPositive
Abans Finance strengthens island-wide presence

Abans Finance PLC (AFSL.N0000) opened four new branches—Ambalangoda, Moratuwa, Horana and Kiribathgoda—bringing its network to 22 after reporting FY ended 31 Mar 2026 profit after tax of Rs.857 million (up 101%). Total assets rose 54% to Rs.20.81 billion and customer deposits reached Rs.11.04 billion.

Gold & PawningIT & Digital
Daily FT·Jun 19, 2026·Earnings & resultsPositive
Abans Finance doubles profit in landmark 20th anniversary year

Abans Finance PLC reported profit after tax of Rs. 857 million for the year ended 31 Mar 2026, a 101% increase from the prior year. Total assets rose 54% to Rs. 20.81 billion, loans reached Rs. 14.65 billion and customer deposits were Rs. 11.04 billion.

IT & Digital

Banks & Finance sector: what is happening

Last 14 days to Sep 30, 2026

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.

The stories behind it

Auto-generated from 45 sector news articles over 14 days. Not investment advice.