Plantations & Agriculture · Agricultural Commodities/Milling
Agalawatte Plantations PLC is a Sri Lanka-based plantation company engaged in the cultivation, production, processing and sale of tea and rubber, and the cultivation of oil palm.
AGAL shares are down 26.2% over the past year and last closed at Rs 50.10 on Sep 30, 2026.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +10.9 | -0.7 | -19.5 | +16.0 | +3.1 | -2.1 | -7.3 | -8.2 | +10.9 | +0.0 | +0.0 | +0.0 |
| 2025 | +13.2 | -11.3 | -8.9 | +9.8 | +12.8 | -1.9 | +22.9 | -4.4 | +9.7 | -8.1 | -7.5 | -7.0 |
| 2024 | +0.9 | -0.3 | +4.3 | +2.3 | -4.3 | +4.8 | -7.4 | -6.5 | +8.6 | +7.6 | +15.5 | +14.1 |
| 2023 | +4.2 | +2.8 | -7.8 | -3.6 | -3.7 | +8.1 | +22.1 | -10.7 | -2.4 | -10.7 | -3.8 | +16.0 |
| 2022 | +50.2 | -35.0 | -44.8 | +13.4 | -9.1 | -6.4 | +35.0 | +21.4 | -3.9 | -22.9 | -7.6 | -1.3 |
| 2021 | +0.0 | +4.3 | -4.1 | -13.9 | +6.2 | +0.0 | +1.2 | +6.2 | +1.8 | +24.6 | +37.2 | +12.3 |
| 2020 | +5.0 | -9.7 | +17.1 | +0.0 | +0.0 | +6.7 | +0.0 | -1.2 | +13.9 | -5.0 | +3.5 | +58.2 |
| 2019 | +3.4 | -3.3 | -0.7 | +5.6 | -12.5 | +1.5 | +18.5 | +6.3 | -12.9 | +5.4 | +4.5 | -8.0 |
| 2018 | +5.0 | -7.1 | -10.3 | +2.9 | -8.3 | +6.7 | -6.3 | -21.8 | +16.3 | +11.3 | -15.0 | +2.1 |
| 2017 | +0.0 | +0.0 | -6.3 | +6.7 | +3.2 | -1.5 | +14.0 | -0.9 | -3.7 | -6.7 | -8.2 | +11.1 |
| 2016 | -22.5 | +13.6 | +14.0 | +0.0 | +0.0 | +1.8 | -10.7 | +3.5 | -8.7 | +5.3 | -8.5 | +0.0 |
| 2015 | -7.4 | +1.6 | +1.2 | -5.0 | -2.0 | -7.1 | +5.4 | +4.3 | -14.3 | -2.9 | +0.5 | +10.7 |
| 2014 | +15.9 | -13.4 | -1.7 | +3.8 | -4.5 | +0.4 | +5.1 | -0.8 | +3.3 | +9.1 | -5.1 | +3.4 |
| 2013 | -0.9 | +1.5 | +3.0 | +0.0 | -10.3 | -10.2 | -9.5 | -6.9 | -0.4 | +6.6 | -5.7 | +3.9 |
| 2012 | +0.0 | +0.0 | +0.0 | +8.5 | -31.4 | +3.4 | +1.0 | +2.6 | +27.0 | -8.4 | -6.4 | -3.5 |
| Average | +6.0 | -4.4 | -4.6 | +3.6 | -4.7 | +0.3 | +5.6 | -1.1 | +3.0 | +0.4 | -0.5 | +8.6 |
| 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 | +4.2 | -0.7 | -2.9 | +3.8 | -4.3 | +0.4 | +1.2 | -0.9 | +1.8 | +1.2 | -5.4 | +3.9 |
| % up | 69% | 38% | 36% | 69% | 31% | 53% | 60% | 40% | 53% | 50% | 36% | 69% |
| Line | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Revenue | Rs 4.9B +2.0% | Rs 4.8B -5.5% | Rs 5.1B |
| Operating profit | Rs 1.3B +17.0% | Rs 1.1B -1.7% | Rs 1.1B |
| Net profit | Rs 1.0B +34.2% | Rs 781.5M +47.3% | Rs 530.7M |
| EPS | 6.71 +34.2% | 5.00 +47.1% | 3.40 |
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 | WATA.N0000 | 46.40 | Rs 47.2B | 19.3 | 15.76 | 2.41 | 81.75% | 5.39% |
| 2 | NAMU.N0000 | 66.10 | Rs 15.7B | 8.4 | 1.27 | 7.91 | 15.44% | 3.03% |
| 3 | ELPL.N0000 | 175.00 | Rs 12.8B | 7.3 | 1.18 | 23.92 | 16.11% | 4.00% |
| 4 | MAL.N0000 | 57.00 | Rs 12.2B | 36.3 | 1.85 | 1.57 | 4.91% | 0.21% |
| 5 | AGAL.N0000 · this company | 50.10 | Rs 7.8B | 9.5 | 1.40 | 5.30 | 14.80% | 1.50% |
| 6 | AGPL.N0000 | 13.50 | Rs 6.8B | 21.8 | 1.61 | 0.62 | 7.58% | 3.70% |
| 7 | TPL.N0000 | 141.00 | Rs 6.7B | 6.9 | 0.87 | 20.38 | 12.50% | 6.60% |
| 8 | BOPL.N0000 | 69.90 | Rs 5.9B | 10.3 | 1.22 | 6.78 | 13.24% | 8.58% |
| Peer median · 9 companies | - | - | 8.4 | 1.22 | - | - | 4.26% |
Agalawatte Plantations PLC is a Sri Lanka-based plantation company engaged in the cultivation, production, processing and sale of tea and rubber, and the cultivation of oil palm. The Group operates estate and factory operations across multiple locations and emphasises sustainable agricultural practices, replanting and productivity enhancements to support long-term operations. The Company’s core activities are organised around three plantation businesses. The tea business comprises estate-grown green leaf and made tea produced from three up‑country and three low‑country estates. The rubber business includes upstream rubber cultivation and on‑estate processing, with TPC and RSS processing facilities located at estates such as Clyde, Culloden, Doloswella, Kiribathgala, Kiriwanaketiya, Peenkande and Niriella. The oil palm business focuses on cultivation and fresh fruit bunch processing on existing planted areas and is a key contributor to the Company’s segmental profitability. In addition to these primary segments, the Company cultivates diversified crops including coconut, cinnamon and coffee, and manages commercial timber plantations comprising species such as Eucalyptus grandis, Albizia, Alstonia and Grevillea. Operations are concentrated in Sri Lanka, with estates located in the Kalutara, Ratnapura and Nuwara Eliya regions.
Agalawatte's June-quarter net profit fell 63.2%, with net margin at 7.2%, the worst of three comparable June quarters. Its low P/E offers some valuation support, but earnings momentum is sharply negative.
Read the full report (Aug 14, 2026) →No scored news in the last 30 days.
Available evidence finds Sri Lanka's oil palm (≈10,400 ha, established on degraded/marginal low-country land, not via forest conversion) does not inherently cause greater soil degradation or erosion than tea, rubber or coconut when good management and organic-matter recycling are applied.
Dividend · Rs 0.75 · XD Jul 1, 2026
Final dividend of LKR 0.75/share; XD 2026-07-01; record 2026-07-01; payable 2026-07-20; FY 31/12/2025
CMA Sri Lanka launched national Cost Accounting Standards to strengthen costing, control and reporting across large and medium public and private institutions; the standards prioritize sectors including power, telecom, manufacturing, drugs and agricultural/tea exporters to improve efficiency, pricing transparency and competitiveness.
First Capital says listed plantation firms AGAL, KGAL, KOTA and HOPL are well positioned to benefit from rising rubber prices as rubber makes up about 15%+ of their revenue. Dipped Products and exporters may also gain from higher rubber prices and rupee depreciation, while Kelani Tyres could face margin pressure.
Watawala Plantations and regional plantation companies are preparing to expand palm oil cultivation if the seven-year ban is lifted after a Plantations Ministry expert committee found no basis for the environmental or health concerns. Industry says private investors had committed about Rs.500m to expand 8,000 ha before the ban.
Gulf escalation and shipping disruptions have hit Sri Lanka's tourism, tea and apparel sectors, pulling the bourse down 12.7% through March 20; plantation and apparel stocks plunged (Namunukula -30.6%, Agalawatte -22%, Teejay Lanka -20.6%) while Sunshine benefits from higher palm oil prices.
Agalawatte Plantations said Damro disposed of 32,500,000 shares (20.8%) sold to A & M Properties at Rs51.90 each for Rs1.68 billion. Earlier this week Damro also sold FLMC Plantations to Browns Power Holdings, a subsidiary of Browns Investments, for Rs4.8 billion.
The ASPI fell 120 points (0.75%) to 15,842 as investors reacted to the ruling NPP's weaker-than-expected LG poll showing, with turnover of Rs. 3.2bn. Major drags included JKH, CINS, COMB, SPEN and SAMP while Food, Beverage & Tobacco led turnover (61%).
Dividend · Rs 1.50 · XD Mar 7, 2025
Second Interim dividend of LKR 1.5/share; XD 2025-03-07; record 2025-03-09; payable 2025-03-27; FY 31 December 2024
Heavy August rain and cloud cover cut High Grown tea output to a 34-year monthly low, pulling national production below a year earlier. Tea exports weakened as August merchandise tea exports fell, while eight-month shipments and US dollar earnings declined amid higher freight and insurance costs and a lower average FOB. Sector bodies also pressed for productivity, mechanisation and value addition.
Auto-generated from 17 sector news articles over 14 days. Not investment advice.