EquityLK

Agstar PLC

AGST.N0000Moderately overvalued

Plantations & Agriculture · Chemicals: Agricultural

AgStar PLC imports, blends and markets fertiliser products, agro-chemicals, seeds and agricultural machinery, providing agri-inputs and related services across Sri Lanka.

AGST shares are up 34.8% over the past year and last closed at Rs 12.40 on Sep 30, 2026.

Voting
Rs 12.40
+0.00%
Price history
+34.78%

Monthly seasonality

Monthly total returns by year and calendar month
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026+24.7+2.7-14.0+24.5+10.7-8.9-10.6+19.1-5.3+0.0+0.0+0.0
2025+5.9-11.1-3.7-1.3+6.6-1.2+0.0+10.0+3.4+7.7-5.1-4.3
2024-16.9-1.4+13.2+10.4-2.4-4.8-8.9-2.8+21.4-4.7-6.2+11.8
2023-1.3-14.5-12.3+3.5-11.0-3.8+8.9-9.1+1.0-9.9-7.7-1.2
2022+45.6+1.6-46.5-13.0+25.0-18.7+9.8+126.9+13.2+6.4-1.6-14.4
2021+5.3-7.6+1.4+4.1-7.8+1.4+12.5-8.6+12.2+21.7+2.0+4.9
2020-6.5-16.3-16.7+0.0+0.0+5.4+23.1+4.2+28.0+14.1+2.7+0.0
2019+21.1-6.5-7.0+12.5-13.3+0.0+12.8-6.8+2.4+16.7+0.0-6.1
2018-2.0+2.0+0.0-2.0-10.2-13.6-2.6+8.1-12.5+14.3-10.0+5.6
2017+6.2+0.0+0.0+16.3+4.0-5.8+0.0-4.1+8.5-2.0-4.0+4.2
2016-7.9-10.3-13.5+17.8-1.9-9.6+2.1+18.7-3.5-7.3-7.8+2.1
2015+14.0+1.5-10.6+8.5+7.8-1.4-2.9+3.0+0.0-2.9-3.0-1.6
2014+2.1-8.3+0.0-4.5+4.8+0.0-2.3+14.0+2.0-6.0+14.9+5.6
2013-3.2-6.7+1.8+31.6+2.7-13.0-16.4-1.8+7.3-6.8-12.7-2.1
2012+0.0+0.0+0.0-1.0-17.8-4.8+19.0-12.8-4.9-12.8-16.2+8.8
Average+6.2-5.8-8.3+7.7-0.2-5.3+3.0+10.5+4.9+2.0-3.9+0.9
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+3.7-6.7-7.0+6.3+0.4-4.8+0.0+3.0+2.4-2.5-4.6+1.1
% up57%31%23%64%50%13%47%53%67%43%21%50%
P/E
21.0
P/B
0.72
EPS
Rs 0.59
Div Yield
0.00%
Market Cap
Rs 6.0B
Beta
0.31
ROE
2.4%
Op Margin
7.1% (+4.2pp)

Fundamentals

LineFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2018
Revenue
Rs 11.6B
+21.9%
Rs 9.5B
+24.2%
Rs 7.7B
+2.8%
Rs 7.5B
+24.5%
Rs 6.0B
+65.9%
Rs 3.6B
+108.2%
Rs 1.7B
Rs 3.3B
+19.1%
Operating profit
Rs 251.6M
Rs -208.3M
Rs 95.2M
-96.8%
Rs 3.0B
+82.3%
Rs 1.6B
+166.3%
Rs 611.3M
+135.3%
Rs 259.8M
Rs 190.8M
-32.5%
Net profit
Rs 197.0M
turned profitable
Rs -366.6M
fell into loss
Rs 159.7M
-90.4%
Rs 1.7B
+173.4%
Rs 606.9M
+27.7%
Rs 475.1M
+244.3%
Rs 138.0M
Rs 26.6M
turned profitable
EPS
0.40
-0.75
0.33
-90.4%
3.42
+125.0%
1.52
+3.4%
1.47
+250.0%
0.42
0.08

Compared with the same period a year earlier.

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

Recent dividends

  • 2021 · finalRs 0.20
  • 2019 · finalRs 0.20
Sector comparisonPlantations & Agriculture · 25 companies
Sector overview Open in screener
1Watawala Plantations PLC
WATA.N0000
Rs 46.40
P/E
19.3
P/B
15.76
ROE
81.75%
Yield
5.39%
2Namunukula Plantations PLC
NAMU.N0000
Rs 66.10
P/E
8.4
P/B
1.27
ROE
15.44%
Yield
3.03%
3Elpitiya Plantations Plc
ELPL.N0000
Rs 175.00
P/E
7.3
P/B
1.18
ROE
16.11%
Yield
4.00%
4Malwatte Valley Plantations Plc
MAL.N0000
Rs 57.00
P/E
36.3
P/B
1.85
ROE
4.91%
Yield
0.21%
5Renuka Agri Foods Ltd.
RAL.N0000
Rs 11.20
P/E
9.1
P/B
1.77
ROE
10.50%
Yield
0.89%
6Agalawatte Plantations Plc
AGAL.N0000
Rs 50.10
P/E
9.5
P/B
1.40
ROE
14.80%
Yield
1.50%
7Agarapatana Plantations PLC
AGPL.N0000
Rs 13.50
P/E
21.8
P/B
1.61
ROE
7.58%
Yield
3.70%
8Talawakelle Tea Estates Plc
TPL.N0000
Rs 141.00
P/E
6.9
P/B
0.87
ROE
12.50%
Yield
6.60%
9Agstar PLC
AGST.N0000 · this company
Rs 12.40
P/E
21.0
P/B
0.72
ROE
2.39%
Yield
0.00%
Sector median · 25 companies
P/E 9.3P/B 1.11Yield 2.35%

About Agstar PLC

AgStar PLC imports, blends and markets fertiliser products, agro-chemicals, seeds and agricultural machinery, providing agri-inputs and related services across Sri Lanka. The company supplies a range of fertiliser blends, crop protection products, seed varieties and farm machinery and irrigation solutions to dealers and farmers. Its main business verticals include a fertiliser business rebranded as "Browns Fertiliser", a crop care/crop solutions arm integrated under Browns Agri Solutions, a seeds business that develops and markets hybrid varieties (including the 'Malka' tomato and pumpkin hybrids), and agri-machinery/agri-technology offerings that cover tractors, precision irrigation and other smart-farming products such as Kartar tractor models. The group has also centralised back-office functions under the Browns Group and pursues product innovation, regulatory compliance and sustainability initiatives. AgStar operates throughout Sri Lanka and focuses on farmer-facing solutions, digitalisation (including an ERP migration and sales force automation), sustainability (ISO 9001 and ISO 14001 certification) and programs such as mobile soil testing and financing tie-ups to improve access to machinery and inputs for smallholder farmers.

AI analysis

neutral

Agstar’s latest quarter showed a strong operating recovery, with net profit up 267.3%. The tension is a 41.55 P/E against weak balance-sheet cover.

Read the full report (Aug 20, 2026) →

News sentiment

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

No scored news in the last 30 days.

24 months positive negative 3-month net
Jun 25: 2 articles, net +0.41Aug 25: 5 articles, net +0.20Sep 24Jan 25May 25Sep 25Jan 26May 26
Recent news
View all news →
Daily FT·Aug 14, 2026·Market commentary
CSE ends on the up

Colombo market closed higher as the ASPI rose 0.56% to 21,539 and the S&P SL20 gained 0.53%, with turnover of Rs.2.77bn and foreign net outflows of Rs.624.5m. Declining T-Bill rates and positive bank results supported buying, with the banking sector leading turnover (38%).

Interest Rates
Daily FT·Nov 25, 2025·Award or certification
Browns Agriculture strikes Gold

Brown & Company PLC's Browns Agriculture won the Gold Award for “Global Brand of the Year” for its Browns SUMO WORLD Harvester at the SLIM Brand Excellence Awards 2025. The harvester holds a 73% national market share and features advanced monitoring and extensive after-sales support.

IT & Digital
Daily FT·Oct 28, 2025·Management or board change
Agstar appoints Sajeewa Ranasinghe as CEO

Agstar PLC appointed Sajeewa Ranasinghe as Chief Executive Officer effective 15 October. Ranasinghe is BSc (Univ. of Moratuwa) and CIMA/CGMA qualified, and was previously COO/CFO at Associated Battery Manufacturers and held senior finance and executive roles at Ambeon Holdings, Phoenix Industries and Orange Electric.

Daily FT·Aug 28, 2025·Management or board changePositive
AgStar appoints two Non-Executive Directors

AgStar PLC appointed Sanjaya Nissanka and Shamal Abeysinghe as non-executive directors; both are senior agribusiness executives linked to Brown & Company and Browns Agri Solutions.

Tea & Plantation Crops
EconomyNext·Aug 19, 2025·M&A / stake change
Sri Lanka’s Agstar sells export unit for Rs35.3mn

Agstar PLC sold its entire 4,500,000 ordinary shares in Agstar Exports (Pvt) Ltd for Rs35.3 million, the company said in a stock exchange filing; the buyers were two named individuals. Agstar voting stock was trading up 10 cents at Rs8.40.

Exporters

Plantations & Agriculture sector: what is happening

Last 14 days to Sep 30, 2026

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.

The stories behind it

Auto-generated from 17 sector news articles over 14 days. Not investment advice.