Consumer & Retail · Motor Vehicles
Lanka Ashok Leyland PLC assembles, markets and sells commercial vehicles and related products and services in Sri Lanka.
ASHO shares are down 20.9% over the past year and last closed at Rs 2,650.00 on Sep 30, 2026.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +3.7 | -10.8 | -22.0 | +16.8 | -6.3 | -6.7 | -5.4 | +6.0 | -5.7 | +0.0 | +0.0 | +0.0 |
| 2025 | +11.9 | -2.2 | -0.1 | -4.0 | +60.2 | +4.0 | +86.8 | -5.3 | +24.7 | +9.1 | +2.5 | -3.7 |
| 2024 | +0.7 | -7.2 | -1.4 | +12.6 | -0.6 | +0.1 | -0.4 | +0.6 | -3.8 | +4.3 | +7.9 | +9.1 |
| 2023 | +1.0 | -6.4 | +14.4 | -11.4 | -1.2 | +13.5 | +0.0 | -1.9 | +1.8 | +5.2 | -13.1 | +9.3 |
| 2022 | +21.5 | +0.3 | +1.1 | +0.0 | +0.0 | +0.0 | +10.8 | -2.8 | +0.0 | -5.6 | -1.7 | +7.4 |
| 2021 | +1.2 | -12.7 | +11.8 | -3.5 | -14.6 | -1.4 | +5.4 | -2.5 | -1.5 | +1.5 | -3.5 | +0.3 |
| 2020 | -2.4 | +0.0 | +0.0 | +0.0 | +0.0 | +0.8 | +1.7 | +4.7 | +4.8 | -4.9 | +0.8 | +24.7 |
| 2019 | -9.2 | -15.1 | -4.5 | +0.5 | +1.2 | +0.0 | +6.6 | +18.0 | -7.4 | +12.7 | +0.0 | -0.1 |
| 2018 | +0.0 | -1.3 | +12.0 | -12.1 | -8.6 | +1.1 | +1.2 | -13.0 | +4.0 | -1.6 | -7.2 | +7.1 |
| 2017 | -15.3 | +1.2 | +0.0 | +5.9 | +15.6 | -11.5 | +0.0 | +2.2 | +0.0 | +0.0 | -3.1 | +0.0 |
| 2016 | -0.3 | -0.4 | +0.0 | -8.3 | -2.2 | +2.9 | -3.6 | -4.4 | +0.8 | -7.2 | -0.5 | +3.2 |
| 2015 | +0.4 | +4.7 | -16.1 | +0.0 | +0.0 | +7.1 | -5.0 | -0.4 | +2.3 | +3.2 | -9.0 | +11.7 |
| 2014 | -8.9 | +3.3 | -7.7 | +0.0 | +0.0 | +11.1 | +32.1 | -15.1 | +1.9 | -3.1 | +0.3 | -5.3 |
| 2013 | +5.7 | -10.8 | +4.1 | -1.0 | +9.7 | -3.5 | -8.1 | -5.7 | -3.8 | +5.3 | -5.7 | -0.2 |
| 2012 | +0.0 | +0.0 | +0.0 | -7.8 | -8.3 | +9.4 | +1.8 | +2.0 | +4.1 | -4.0 | -14.1 | +2.3 |
| Average | +0.8 | -4.4 | -0.7 | -1.1 | +4.1 | +1.9 | +8.3 | -1.2 | +1.6 | +1.2 | -3.3 | +5.1 |
| 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 | +0.7 | -2.2 | +0.0 | -3.5 | -1.2 | +1.0 | +1.2 | -1.9 | +1.3 | +1.5 | -2.4 | +3.2 |
| % up | 62% | 31% | 46% | 36% | 36% | 64% | 53% | 40% | 57% | 54% | 29% | 69% |
| Line | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | Rs 19.3B +114.7% | Rs 9.0B +66.6% | Rs 5.4B +55.0% | Rs 3.5B -49.2% | Rs 6.9B +130.8% | Rs 3.0B -55.8% | Rs 6.7B -22.1% | Rs 8.6B -44.5% |
| Operating profit | Rs 4.2B +98.2% | Rs 2.1B +77.3% | Rs 1.2B +3,445.1% | Rs 33.7M -92.5% | Rs 451.6M +131.5% | Rs 195.1M -20.3% | Rs 244.7M -26.5% | Rs 332.9M -54.4% |
| Net profit | Rs 3.1B +100.0% | Rs 1.5B +78.5% | Rs 857.8M +475.7% | Rs 149.0M -56.6% | Rs 343.0M +7,512.7% | Rs 4.5M -95.6% | Rs 103.4M -3.8% | Rs 107.5M -78.7% |
| EPS | 845.78 +100.0% | 422.84 +78.5% | 236.90 +475.7% | 41.15 -56.6% | 94.72 +7,538.7% | 1.24 -95.7% | 28.56 -3.8% | 29.68 -78.7% |
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 | UML.N0000 | 23.90 | Rs 24.1B | 6.7 | 1.34 | 3.58 | 22.87% | 3.56% |
| 2 | DIMO.N0000 | 1,404.25 | Rs 13.0B | 6.8 | 0.78 | 206.54 | 11.45% | 3.56% |
| 3 | ASHO.N0000 · this company | 2,650.00 | Rs 9.6B | 2.7 | 0.97 | 969.15 | 35.41% | 1.13% |
| 4 | SMOT.N0000 | 1,538.25 | Rs 9.3B | 4.5 | 2.10 | 343.79 | 60.15% | 2.60% |
| 5 | COLO.N0000 | 34.10 | Rs 5.2B | 8.0 | 0.86 | 4.26 | 8.22% | 1.17% |
| Peer median · 4 companies | - | - | 6.7 | 1.10 | - | - | 3.08% |
Lanka Ashok Leyland PLC assembles, markets and sells commercial vehicles and related products and services in Sri Lanka. The company operates local assembly facilities and is the only assembler of heavy commercial vehicles in the country, serving bus, light truck and heavy truck markets as well as supplying fully built vehicles. Its principal activities include new vehicle sales and assembly, spare parts distribution, vehicle repairs and reconditioning, vehicle hiring services and diesel generator sales. The company markets a light truck model, DOST (including an electric variant), and is developing an electric bus range under the 'SWITCH' brand; it operates in collaboration with joint venture partners Ashok Leyland India and the Government of Sri Lanka. Lanka Ashok Leyland also provides after-sales support and workshop services, runs a technical training institute to develop skilled personnel, and has initiated limited export consignments (e.g., to the Maldives) while exploring other right-hand drive markets.
Audited profit doubled to LKR 3.06 billion, while ASHO trades on a 2.89 P/E. The share price has nevertheless fallen sharply over six months.
Read the full report (Sep 1, 2026) →1 article in 30 days: 0 positive, 0 negative, 1 neutral.
The Ceylon Motor Traders' Association urged policymakers to stop an estimated Rs.40 billion 2025 revenue leakage from a blanket 15% CIF depreciation on used vehicle imports and called for a uniform duty structure and transparent valuation to ensure a level playing field across the automotive industry.
Lanka Ashok Leyland PLC has appointed K.M. Balaji, Deputy CEO of Ashok Leyland Ltd., as a Non-Independent Non-Executive Director on its board. Balaji brings over 32 years' experience across finance, treasury, investor relations and product finance.
Colombo Stock Exchange ASPI fell 0.22% (47.45 pts) to 21,160.65 with turnover Rs 3.28bn, led by food & staples retailing and large crossings dominated by Cargills. Dialog, John Keells, Aitken Spence and Lanka Ashok Leyland were top gainers while Ceylinco Insurance, Harischandra Mills and HNB were top losers.
Lanka Ashok Leyland (ASHO.N0000) reported FY26 PAT of Rs.3.06bn (vs Rs.1.53bn LY) and revenue of Rs.19.33bn, and the board declared a 300% dividend (Rs.30/share). The company said growth was driven by higher vehicle sales, local value addition, exports and operational efficiencies, and it relaunched premium coaches for tourism.
The central bank hiked rates 100bp to 8.75%, and the Colombo Stock Exchange fell with the ASPI down 0.51% to 22,249.88; market turnover was Rs.2.99bn with insurance leading at Rs.2.6bn. Lanka Ashok Leyland proposed a final dividend of Rs30/share and Lighthouse Hotel declared a final dividend of Rs3/share.
Dividend · Rs 30.00 · XD Aug 17, 2026
First And Final dividend of LKR 30/share; XD 2026-08-17; record 2026-08-17; payable 2026-09-07; FY 2025/26
The Sri Lankan–German Business Forum 2026 will run 27–29 May in Colombo to promote FDI in maritime, ports and logistics and to showcase Sri Lankan IT startups. The conference, attended by the Prime Minister, will focus on port infrastructure financing, boosting exports to the EU and digitalisation.
Consumer retail faced pressure from accelerating food, transport and housing inflation, with petrol a major contributor to the rise in national prices and purchasing power weakened by higher energy costs and tax hikes. Wholesale and retail activity nevertheless helped drive faster services-sector expansion in August. Specialist retail also consolidated as Blink International acquired Wrist Lab, combining retail, distribution and after-sales networks.
Auto-generated from 8 sector news articles over 14 days. Not investment advice.