Lanka Realty Investments PLC

ASCO.N0000Fairly valued

Property & Construction · Real Estate Development

Lanka Realty Investments PLC is an investment holding company operating in Sri Lanka that invests in and manages income-generating real estate and related businesses.

ASCO shares are up 80.9% over the past year and last closed at Rs 51.00 on Sep 30, 2026.

Rs 51.00
+4.29%
Price history
+80.85%

Monthly seasonality

Monthly total returns by year and calendar month
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026+36.2+0.0-17.9+5.7+11.5+14.8-8.3+1.9-7.3+0.0+0.0+0.0
2025+10.1-13.2-9.1+0.0+5.8+7.9+84.7-2.0+13.7+29.8+5.5+0.8
2024-5.7+0.0+3.0+8.7+4.5-2.6-9.6-2.9+7.0+0.9-8.3+39.4
2023+21.0-8.3+16.2-11.6-7.0+8.5+15.7-4.5+0.8-11.7-5.3-0.9
2022-2.7-22.8-31.6+4.5-14.3+0.0+27.5+3.9-15.1-11.9-2.5-13.8
2021+1.1-12.9+20.3-14.4-7.6+11.5-5.7-1.5-7.7-0.7-2.7-10.0
2020-6.3-0.3+6.3+0.0+0.0-8.8-6.0-1.2+18.0-3.7-9.1+7.1
2019+3.2+7.5+0.0+1.2-13.0-3.7+12.6+54.5+11.1+6.0-15.1+0.8
2018+14.4-9.5-9.7-2.2-5.7-3.7-8.7-6.8-18.7+0.5-1.0+10.6
2017-9.4-9.6-9.1+25.2+2.8+3.0-5.6-11.8+22.0+35.2-1.0-16.1
2016+3.4-6.7-21.4+45.5-9.4+20.7+28.3-22.3+0.3-11.4-3.2+3.0
2015-45.3-4.0-27.9+19.4-1.6-0.7-4.8-7.3-11.1+0.3-6.3-6.5
2014+1.0-5.9-10.2-1.0-10.5+8.8-9.6-10.4+6.1-1.5-14.7+19.8
2013-10.7-17.4+15.4+6.2-7.2-12.8-9.2+7.7+1.4+3.0+0.3-3.5
2012+0.0+0.0+0.0+2.8-3.0+0.2-2.2+6.2-6.8-11.6-2.3+10.7
Average+0.7-7.4-5.4+6.4-3.9+2.9+6.6+0.2+0.9+1.7-4.7+3.0
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+1.1-7.5-9.1+3.7-6.3+0.2-5.6-2.0+0.8-0.2-3.0+0.8
% up57%7%36%64%29%53%33%33%60%50%14%57%
P/E
9.6
P/B
0.99
EPS
Rs 5.32
Div Yield
0.00%
Market Cap
Rs 10.8B
Beta
2.26
ROE
7.6%
Op Margin
24.9% (+21.1pp)

Fundamentals

LineFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Revenue
Rs 1.3B
+4.6%
Rs 1.2B
+7.2%
Rs 1.1B
-37.4%
Rs 1.8B
+44.8%
Rs 1.2B
+187.2%
Rs 431.9M
+111.8%
Rs 203.9M
+36.5%
Rs 149.4M
+2.2%
Operating profit
Rs -153.7M
Rs 167.6M
Rs -24.7M
Rs -365.6M
Rs 126.6M
Rs -131.8M
Rs -108.5M
Rs -11.5M
Net profit
Rs 1.6B
+956.1%
Rs 147.3M
+727.9%
Rs 17.8M
turned profitable
Rs -888.6M
fell into loss
Rs 1.3B
turned profitable
Rs -201.0M
fell into loss
Rs 609.9M
+16,658.3%
Rs 3.6M
-98.5%
EPS
3.82
-0.45
-1.22
-4.98
4.54
-1.02
4.48
+2,886.7%
0.15
-99.2%

Compared with the same period a year earlier.

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

Recent dividends

No dividend records.

Peer comparison6 peers in Property & Construction
Rs 51.70
P/E
7.6
P/B
0.95
ROE
12.47%
Yield
3.38%
Rs 22.10
P/E
3.4
P/B
0.69
ROE
20.17%
Yield
4.52%
ASCO.N0000 · this company
Rs 51.00
P/E
9.6
P/B
0.99
ROE
7.58%
Yield
0.00%
Rs 70.10
P/E
15.8
P/B
2.85
ROE
7.25%
Yield
0.00%
P/E
51.1
P/B
1.09
ROE
2.15%
Yield
0.00%
SHAW.N0000 · same group, not in the median
Rs 285.25
P/E
10.5
P/B
0.95
ROE
10.26%
Yield
0.70%
ONAL.N0000 · same group, not in the median
Rs 43.40
P/E
3.2
P/B
0.85
ROE
26.23%
Yield
5.53%
Peer median · 4 companies
P/E 11.7P/B 1.02Yield 1.69%

About Lanka Realty Investments PLC

Lanka Realty Investments PLC is an investment holding company operating in Sri Lanka that invests in and manages income-generating real estate and related businesses. The Group's activities focus on commercial and residential property ownership and asset management, boutique leisure hotels, and related manufacturing operations. The Company’s principal real estate assets include commercial properties such as HQ Colombo and Unity Plaza, residential developments including the Mulberry Residence project, and a leisure portfolio operating under the W15 brand (W15 Weligama and W15 Escape Ahangama, with developments such as W15 Yala and W15 Ambalangoda). The Group also operates a manufacturing business (Amtrad) producing concrete blocks and paving stones. LRI’s group structure includes several wholly owned subsidiaries (for example Lanka Realty Developments (Pvt) Ltd, Lanka Realty Leisure (Pvt) Ltd, Lanka Realty Ambalangoda (Pvt) Ltd, Almond Trees (Pvt) Ltd, ILook Villa (Pvt) Ltd, Thudella Holdings (Pvt) Ltd and Crown Resorts (Pvt) Ltd) through which it holds and operates its property and leisure assets across Sri Lanka.

AI analysis

neutral

Evidence is balanced: June operating margin reached 24.9%, but near-term assets cover only 29 cents for every rupee due within a year. Much of the quarter's group profit belonged to minority shareholders.

Read the full report (Sep 25, 2026) →

News sentiment

Describes news flow, not a forecast
Last 30 days
More negative than usual for this company
its own lowits own high

Higher than 11% of its last 9 months · 3 of 4 in its sector

3 articles in 30 days: 1 positive, 2 negative, 0 neutral.

24 months positive negative 3-month net
May 25: 3 articles, net +0.33Jul 25: 3 articles, net +1.00Oct 25: 3 articles, net +0.09Nov 25: 1 articles, net -1.00Dec 25: 2 articles, net -0.50Feb 26: 2 articles, net +0.59Mar 26: 5 articles, net +0.26May 26: 3 articles, net -0.67Jun 26: 3 articles, net +0.42Jul 26: 3 articles, net +0.37Sep 26: 3 articles, net -0.09Oct 24Feb 25Jun 25Oct 25Feb 26Jun 26
Recent news
View all news →
Daily FT·Sep 30, 2026·Market commentaryNegative
CSE continues slide, falls 0.6% to new six-month low

The Colombo ASPI fell 0.6% to 20,817.82, sliding to a six-month low as losers (163) outpaced winners (31) and turnover barely topped Rs.1bn. Top decliners and contributors to the drop included Dialog, Commercial Bank, Overseas Realty, Singer, Tokyo Cement and Ceylinco, while John Keells closed flat.

EconomyNext·Aug 3, 2026·Market commentary
Sri Lanka stocks close flat, banks lead turnover

Colombo stocks closed flat with the ASPI up 0.01% at 21,132.12 and market turnover of Rs 1.41 billion; banks led turnover at Rs 411.6 million and Food, Beverage & Tobacco followed with Rs 308.7 million. Notable movers included Melstacorp, HNB, Pan Asia, Central Finance and Aitken Spence; Lanka Realty Investments disclosed an Rs 800m related-party loan settlement.

Daily FT·Jul 23, 2026·M&A / stake changePositive
LRI unlocks Rs. 2.26 b through strategic transfer of Unity Plaza investment to Lee Hedges PLC

Lanka Realty Investments PLC (ASCO.N0000) sold its 50.88% controlling stake in On'ally Holdings PLC (ONAL.N0000) to Lee Hedges PLC (SHAW.N0000) for about Rs.2.26 billion, unlocking capital and an estimated separate-company gain of ≈Rs.834.09m before costs. Lee Hedges gains Unity Plaza, boosting recurring rental income and scale.

Construction Activity
EconomyNext·Jul 16, 2026·Market commentaryPositive
Sri Lanka stocks up on Thursday morning, banks lead turnover

Colombo Stock Exchange traded higher Thursday morning, with the ASPI up 29.70 points (0.14%) to 21,447.50 and market turnover of LKR 229 million, led by banks (LKR 74.9 million). Lanka Realty Investments received LKR 1.05 billion from Lee Hedges for the final balance on its 51% stake sale, and Asia Asset Finance announced a LKR 0.70 fixed non‑cumulative preference dividend per share.

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.

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