Banks & Finance · Finance/Rental/Leasing
Associated Motor Finance Company PLC (AMF) is a Colombo Stock Exchange listed non-bank financial institution in Sri Lanka that provides a range of retail and commercial financing products and deposit services under the regulation of the Central Bank of Sri Lanka.
AMF shares last traded at Rs 53.50 on Jul 27, 2026, up 0.94%.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -7.1 | -2.0 | -20.2 | +16.9 | -1.5 | -10.2 | +2.5 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 |
| 2025 | +17.3 | -8.5 | +4.5 | +22.0 | +10.1 | +1.1 | +28.4 | +66.4 | -26.5 | +3.9 | -1.8 | -7.8 |
| 2024 | +18.3 | +4.3 | +14.8 | -2.4 | -5.0 | +0.4 | -8.2 | +14.6 | +8.2 | +6.5 | +7.1 | +4.0 |
| 2023 | -7.4 | +1.3 | +7.9 | -14.6 | -1.4 | +5.8 | +47.9 | +9.3 | +8.5 | -5.5 | -1.7 | +47.1 |
| 2022 | +6.1 | -9.3 | -37.0 | -3.7 | -5.2 | +9.6 | -11.3 | +26.8 | +11.1 | -10.0 | -5.6 | -4.7 |
| 2021 | -7.5 | -12.3 | +0.3 | -21.6 | -0.1 | +38.7 | -16.2 | -18.7 | -5.4 | -0.4 | -10.5 | +3.1 |
| 2020 | +0.0 | -5.6 | -5.5 | +0.0 | +0.0 | +0.0 | -0.3 | +0.0 | +0.0 | -11.8 | -2.9 | +8.4 |
| 2019 | +0.0 | -17.3 | +0.0 | +0.0 | -0.5 | +0.0 | +0.0 | -4.1 | -0.5 | -1.8 | +0.0 | +0.0 |
| 2018 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 |
| 2017 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 |
| 2016 | -4.6 | -10.7 | -3.6 | -3.1 | +14.6 | +6.8 | +0.0 | +0.0 | +0.0 | +7.8 | +0.0 | +0.0 |
| 2015 | +0.0 | +0.0 | +7.3 | +0.0 | +0.0 | +1.2 | +0.0 | +0.0 | +4.9 | +27.1 | -10.1 | -10.6 |
| 2014 | +0.3 | +0.0 | +0.0 | +0.0 | +0.0 | +5.9 | +2.8 | +8.9 | +14.9 | -10.9 | +0.8 | +2.2 |
| 2013 | +0.0 | -12.3 | +0.0 | +0.0 | +2.1 | +0.0 | +0.0 | -5.2 | -2.7 | -11.9 | -3.8 | +9.5 |
| 2012 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | -11.9 | +10.3 | +10.6 | +16.9 | +0.0 | +0.0 | +0.0 |
| Average | +1.9 | -7.2 | -3.5 | -0.9 | +1.4 | +4.3 | +6.2 | +12.1 | +3.0 | -0.6 | -3.1 | +5.7 |
| 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 | -2.1 | -8.9 | +0.3 | -3.1 | -0.5 | +1.2 | +2.5 | +9.3 | +6.6 | -1.8 | -2.9 | +3.1 |
| % up | 50% | 20% | 56% | 29% | 33% | 73% | 56% | 67% | 60% | 36% | 22% | 67% |
| Line | FY2025 | FY2024 | FY2023 | FY2022 | FY2014 | FY2013 | FY2012 |
|---|---|---|---|---|---|---|---|
| Total income | Rs 3.3B +48.2% | Rs 2.3B +25.4% | Rs 1.8B +59.1% | Rs 1.1B | Rs 479.3M +53.0% | Rs 313.4M +34.2% | Rs 233.5M |
| Operating profit | Rs 1.8B +121.9% | Rs 801.1M +58.1% | Rs 506.9M -14.1% | Rs 590.0M | Rs 258.3M +36.4% | Rs 189.3M +22.1% | Rs 155.1M |
| Net profit | Rs 750.1M +135.7% | Rs 318.3M +58.8% | Rs 200.5M -33.1% | Rs 299.5M | Rs 236.9M +31.5% | Rs 180.3M +28.1% | Rs 140.7M |
| EPS | 6.62 +135.6% | 2.81 +58.8% | 1.77 -38.1% | 2.86 | 42.25 +31.5% | 32.14 +28.1% | 25.09 |
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 | AAF.N0000 | 45.60 | Rs 10.2B | 5.0 | 1.51 | 9.16 | 24.73% | 1.11% |
| 2 | AMF.N0000 · this company | 54.00 | Rs 6.0B | 11.9 | 1.25 | 4.54 | 10.51% | 0.00% |
| 3 | SDF.N0000 | 38.00 | Rs 5.7B | 6.9 | 1.23 | 5.48 | 19.32% | 5.26% |
| 4 | MBSL.N0000 | 9.80 | Rs 5.1B | - | 1.24 | -0.19 | 3.48% | 0.00% |
| 5 | LCBF.N0000 | 5.90 | Rs 4.7B | 16.4 | 1.35 | 0.36 | 8.34% | 2.54% |
| 6 | PMB.N0000 | 9.00 | Rs 3.6B | 9.9 | 1.05 | 0.91 | 10.81% | 0.00% |
| 7 | CRL.N0000 | 3.50 | Rs 3.4B | 58.9 | 1.12 | 0.06 | 4.88% | 0.00% |
| Peer median · 6 companies | - | - | 9.9 | 1.23 | - | - | 0.55% |
Associated Motor Finance Company PLC (AMF) is a Colombo Stock Exchange listed non-bank financial institution in Sri Lanka that provides a range of retail and commercial financing products and deposit services under the regulation of the Central Bank of Sri Lanka. Its product mix includes leasing and hire-purchase, personal loans, vehicle loans, business loans, time and savings deposits and Islamic finance. AMF operates a dealer-embedded origination model-originally branchless-where a large share of lending, particularly two- and three-wheeler financing, is originated through partnerships with vehicle dealers; following the 2021 amalgamation with Arpico Finance Company PLC the group also maintains a modest physical branch network. The company emphasizes customer-centric, inclusive lending targeted at underserved and semi-urban/rural segments. The business highlights governance, risk management, digital transformation and ESG integration as core priorities, focusing on disciplined growth, operational efficiency and financial resilience while supporting financial inclusion and mobility across Sri Lanka.
AMF has been delisted following its L B Finance amalgamation, leaving the LKR 55 cash consideration and minority valuation dispute more important than its latest earnings. The June quarter remained profitable, but net profit fell 16.8% year-on-year.
Read the full report (Aug 13, 2026) →No scored news in the last 30 days.
Secondary government bond yields fell across key tenors while buying interest remained strong; a Treasury Bill auction today will offer Rs.80 billion (Rs.35bn 91-day, Rs.25bn 182-day, Rs.20bn 364-day). Money-market liquidity stayed in a Rs.138.76bn surplus and the Central Bank conducted repos to absorb liquidity.
A seminar on changes to Sri Lanka's AML/CFT regime will be held on 20 Aug to examine three amendments passed on 9 July 2026 strengthening anti-money laundering and counter-terrorist financing laws. The event targets compliance officers of banks and financial institutions and will cover practical and regulatory implications.
Minority shareholders of Associated Motor Finance PLC have rejected the Rs.55/share offer after its amalgamation with L B Finance PLC and asked KPMG Sri Lanka to independently determine a fair value, citing concerns over the valuation method, higher impairment provisions, a Rs.385m goodwill write-off and conflicts of interest.
Colombo Stock Exchange midday indices rose, with the ASPI up 0.62% to 21,297.56 and market turnover 9.64 billion rupees, boosted by a Rs.9 billion trade in Commercial Credit & Finance. Hela Apparel filed for court-ordered winding up and Associated Motor Finance was delisted after amalgamation with L B Finance.
Sri Lanka's CSE closed lower as the ASPI fell 0.19% to 21,082.08 while the S&P SL20 rose 0.07% to 5,944.52. Market turnover was Rs 2.96 billion with retailing leading at Rs 1.08 billion; L B Finance completed amalgamation registration with Associated Motor Finance and its shares closed down 0.63% at Rs 158.75.
L B Finance PLC reported a 31% rise in PAT to Rs. 3.54 billion for Q1 ended 30 June 2026. Total income rose 47% to Rs. 18.76 billion, loans expanded to Rs. 341.96 billion, NPL ratio improved to 1.41% and capital ratios remained above regulatory minima.
Minority shareholders of Associated Motor Finance (AMF.N0000) say the proposed amalgamation with L B Finance (LFIN.N0000) undervalues AMF and have asked the SEC and CSE to review the Rs.55 per-share cash consideration; CBSL said pricing is outside its remit.
Associated Motor Finance (AMF) will amalgamate with parent L B Finance (LFIN) effective 31 July; AMF shares will be suspended after market close on 27 July and AMF minority shareholders will receive Rs.55 per share. LB Finance will absorb AMF's business and cancel the shares it holds.
Colombo Stock Exchange closed down as the ASPI fell 0.19% (43.18 points) to 22,178.73 on turnover of Rs.1.54 billion. Asia Asset Finance announced GM and rights timetable and Associated Motor Finance said its merger with L B Finance will become effective by 31 July 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.
Auto-generated from 45 sector news articles over 14 days. Not investment advice.