EquityLK

Alumex Plc

ALUM.N0000Moderately undervalued

Property & Construction · Aluminum

Alumex PLC is a Sri Lanka-based manufacturer and supplier of value‑added aluminium products, focused on aluminium extrusions, semi‑finished products and fabricated aluminium solutions for construction, industrial and lifestyle applications.

ALUM shares are down 25.4% over the past year and last closed at Rs 15.90 on Sep 30, 2026.

Rs 15.90
+0.00%
Price history
-25.35%

Monthly seasonality

Monthly total returns by year and calendar month
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026+0.5-9.8-9.7+1.8+0.6+4.7-8.9-1.2-1.2+0.0+0.0+0.0
2025+12.2-7.2-1.3+6.6-5.6+7.2+13.4+2.2+13.2-6.0-5.4+6.8
2024+7.4-1.1+11.6+16.7+2.7+1.7-1.7-4.3+9.1-5.8+6.2+23.3
2023-5.5+10.1+7.9+4.9-9.3+21.8+1.1-6.3+6.7-9.4-3.4-3.6
2022-5.0-21.9-40.7-2.9-5.9-1.6+0.0+39.7+12.5-14.1-9.4-5.2
2021+22.7-17.0+0.5+8.3+14.5-3.7+10.9-15.4-0.8+12.5+18.5-0.6
2020-8.8-14.8-35.7+0.0+0.0+31.8-0.9+11.3+48.4+0.0+7.9+2.9
2019+0.7-17.0-10.7-4.0+1.0+3.1+30.0-4.6-0.8+20.3+6.1-5.7
2018-2.2-4.4-1.7+0.6-7.1-10.8+10.6-3.2-13.9+6.9-0.7-2.9
2017+4.5-1.4-7.8+21.1+1.3+6.9-3.6-10.4+0.0-5.6-6.4-3.2
2016-8.0-5.6+2.0+10.4+2.4-3.4+6.0+15.7+1.5-4.3+0.0+0.0
2015+0.0+5.7-6.5+7.0+5.4-4.0+7.6-1.6-0.6+0.6-1.7-1.7
2014+0.0+0.0+0.0+0.0-1.4-1.4+5.7+4.7-1.3+0.0-0.7+4.6
Average+1.5-7.0-7.7+6.4-0.1+4.0+5.4+2.0+5.6-0.4+0.9+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+0.2-6.4-4.1+6.6+0.8+1.7+5.7-1.6+0.0-2.2-0.7-1.2
% up50%17%33%82%58%54%62%38%46%33%33%33%
P/E
9.6
P/B
1.77
EPS
Rs 1.65
Div Yield
2.96%
Market Cap
Rs 9.5B
Beta
1.39
ROE
18.4%
Op Margin
7.6% (+1.7pp)

Fundamentals

LineFY2026FY2025FY2024FY2023
Revenue
Rs 16.9B
+18.1%
Rs 14.3B
+30.4%
Rs 11.0B
+7.6%
Rs 10.2B
Operating profit
Rs 1.8B
-7.4%
Rs 1.9B
+81.5%
Rs 1.1B
-13.9%
Rs 1.2B
Net profit
Rs 863.4M
-0.4%
Rs 867.2M
+366.0%
Rs 186.1M
turned profitable
Rs -10.2M
EPS
1.44
-0.7%
1.45
+367.7%
0.31
-0.02

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

  • 2027 · first interimRs 0.20
  • 2026 · first interimRs 0.47
  • 2025 · first interimRs 0.40
  • 2022 · finalRs 0.25
  • 2022 · third interimRs 0.20
  • 2022 · second interimRs 0.20
  • 2022 · first interimRs 0.10
  • 2021 · finalRs 0.10
Peer comparison3 peers in Property & Construction
Sector overview Open in screener
1Tokyo Cement Company (Lanka) PLC
TKYO.N0000
Rs 80.60
P/E
14.0
P/B
1.10
ROE
7.88%
Yield
3.10%
2Alumex Plc
ALUM.N0000 · this company
Rs 15.90
P/E
9.6
P/B
1.77
ROE
18.44%
Yield
2.96%
3Central Industries PLC
CIND.N0000
Rs 201.50
P/E
7.0
P/B
0.99
ROE
14.14%
Yield
2.98%
4Lanka Aluminium Industries PLC
LALU.N0000
Rs 36.90
P/E
9.5
P/B
0.82
ROE
8.65%
Yield
3.39%
Peer median · 3 companies
P/E 9.5P/B 0.99Yield 3.10%

About Alumex Plc

Alumex PLC is a Sri Lanka-based manufacturer and supplier of value‑added aluminium products, focused on aluminium extrusions, semi‑finished products and fabricated aluminium solutions for construction, industrial and lifestyle applications. The Company combines advanced manufacturing (including a next‑generation Industry 4.0 extrusion line) with downstream integration to produce customised profiles, specialised fencing, lightweight fabricated products and ready‑made aluminium lifestyle and industrial items. Alumex serves both the domestic market and international customers, exporting fabricated and semi‑finished aluminium products to selected European and Asian markets and engaging with OEMs for application‑specific solutions. The Company reports no subsidiaries, associates or joint ventures and has implemented sustainability initiatives such as the ELEVATE roadmap and Aluminium Stewardship Initiative (ASI) certification.

Construction Activity

AI analysis

bullish

Evidence points bullish because June operating margin reached 7.6%, its best June in four; the catch is debt equals 154% of owners' equity.

Read the full report (Sep 30, 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
Nov 24: 2 articles, net +1.00Dec 24: 4 articles, net +0.38Apr 25: 1 articles, net +1.00Sep 25: 4 articles, net -0.33Dec 25: 1 articles, net +1.00Mar 26: 1 articles, net +1.00May 26: 1 articles, net +1.00Jun 26: 1 articles, net +1.00Jul 26: 1 articles, net +1.00Sep 26: 1 articles, net +1.00Oct 24Feb 25Jun 25Oct 25Feb 26Jun 26
Recent news
View all news →
Daily FT·Sep 4, 2026·Market commentary
CSE ends 0.33% on the up, rebounds on easing T-Bill yields

The Colombo ASPI rose 0.33% (69.47 pts) to 21,395.11 as investor sentiment improved after weekly T‑Bill yields fell; turnover was over Rs.2.4bn and foreign investors were net buyers of Rs.68.3mn. Top positive contributors included CINS, HAYC, RCL, DIPD and AEL, while JKH, BIL, BREW, HNB and CARS weighed on the index.

Interest Rates
Ada Derana·Aug 12, 2026·Promotional / marketingPositive
Alumex PLC Supports Expressway Reforestation Project

Alumex PLC planted about 600 indigenous and fruit-bearing trees along sections of the Southern Expressway (Galanigama and Meerigama-Kurunegala) on 21-22 July in partnership with the Road Development Authority. The initiative is part of Alumex's 'Elevate' ESG roadmap aligned with the Hayleys Group's sustainability agenda.

Daily FT·Jun 16, 2026·Capacity or capexPositive
Alumex Expands Advanced Manufacturing Capabilities to Produce Best Global Brands of Aluminium Proprietary Systems with AI

Alumex PLC has installed a new 20 MN, 7-inch aluminium extrusion line at its Sapugaskanda plant, expected to exceed 1,000 kg/hour and monthly output over 2,000 tonnes. The Industry 4.0 line includes AI/IoT production controls and is projected to cut energy use 30–40%, boosting yield and export capability.

Construction ActivityExportersIT & Digital
EconomyNext·May 14, 2026·Market commentaryPositive
Sri Lanka stocks close down, capital goods lead turnover

Colombo Stock Exchange closed down, the ASPI dipped 0.09% to 22,899. Vallibel Finance listed 29,431,675 ordinary voting shares from its rights issue, raising 2,119,080,600 rupees.

EconomyNext·May 14, 2026·Market commentaryPositive
Sri Lanka stocks trend up midday Thursday

Colombo Stock Exchange was slightly higher midday Thursday — ASPI +0.04% (22,930) and S&P SL20 +0.11% (6,276). Top gainers included John Keells, Alumex, RIL Property and Lion Brewery while Sampath, Vallibel One, Hayleys and Malwatte fell; NDB reported a High Court order in a derivative action and Harischandra appointed four board members.

EconomyNext·Apr 28, 2026·Market commentary
Sri Lanka stocks close flat, JXG to start trading

Colombo Stock Exchange closed flat as the ASPI rose 0.03% to 22,620.15. Top positive contributors were Commercial Bank, John Keells and ACL Cables while DFCC and Central Finance lagged; Janashakthi (JXG) is set to start trading on April 29 with 2.3 billion shares.

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.

The stories behind it

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