EquityLK

Balangoda Plantations PLC

BALA.N0000Undervalued

Plantations & Agriculture · Agricultural Commodities/Milling

Balangoda Plantations PLC is a Sri Lankan plantation company engaged in the cultivation, processing and sale of tea and rubber.

BALA shares are down 42.9% over the past year and last closed at Rs 58.40 on Sep 30, 2026.

Rs 58.40
+0.69%
Price history
-42.89%

Monthly seasonality

Monthly total returns by year and calendar month
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026-3.5-1.6-12.2+11.7-5.1-5.3+2.7-1.5-4.8+0.0+0.0+0.0
2025+21.7-21.1-0.1+0.3+21.4-6.0+11.4+6.6+11.9-11.6-14.7-9.2
2024-3.9-3.3+5.5-2.2-0.2-1.4-5.4-3.1+16.8+11.8+26.6-1.2
2023-2.7-12.8-4.5-3.0-0.8-1.2+8.5-10.5-3.1-9.1-4.1-1.7
2022+26.7-28.9-23.7+6.8+43.2+12.4+63.6+106.8+3.5-14.9-24.1+2.4
2021+6.3-17.6-22.1+1.8+11.7+1.6+31.0+24.2+7.8+13.1-12.0+36.4
2020-12.5-4.8-20.0+0.0+0.0+2.1+18.4+0.9+20.5+2.8-4.8+15.9
2019+18.9-9.3-12.4-1.7-12.7-1.9+19.8-9.1+2.7+12.4-2.4-3.2
2018-6.5-15.5-10.2+17.3-22.9-8.0-12.6-6.3-10.7+3.7-8.6+0.0
2017+1.6-3.2+7.5+12.4+8.3-1.9+16.2+38.0+24.7+21.8-25.9+11.5
2016-3.4-10.6+5.3+12.5-5.6-14.1+10.3-13.0+0.0-1.4-13.0+1.7
2015-4.5-8.3-11.6+12.7-13.4-1.0+12.6-8.5-9.3+3.2-4.7-3.3
2014+6.5-8.8+2.7-5.2-4.4+2.5-0.7+9.8-2.9-2.6-8.4-2.2
2013-6.8-1.4-7.7-1.5-3.9-9.1-6.9-0.4+2.6+20.0-8.2+2.3
2012+0.0+0.0+0.0-4.0-24.7+25.6-3.5+31.2+39.5-2.8-13.7+18.2
Average+2.7-10.5-7.4+4.1-0.7-0.4+11.0+11.0+6.6+3.3-8.4+4.8
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-3.0-9.0-8.9+1.1-4.2-1.4+10.3-0.4+2.7+3.0-8.5+0.8
% up43%0%29%57%29%33%67%47%60%57%7%50%
P/E
7.3
P/B
0.60
EPS
Rs 8.00
Div Yield
0.86%
Market Cap
Rs 2.8B
Beta
0.74
ROE
8.2%
Op Margin
20.9% (-3.6pp)

Fundamentals

LineFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Revenue
Rs 4.3B
-11.6%
Rs 4.8B
+17.2%
Rs 4.1B
-32.0%
Rs 6.1B
+51.7%
Rs 4.0B
+12.0%
Rs 3.6B
+38.9%
Rs 2.6B
+9.1%
Rs 2.4B
-22.8%
Operating profit
Rs 944.9M
-15.1%
Rs 1.1B
+64.2%
Rs 677.9M
-62.4%
Rs 1.8B
+585.7%
Rs 263.2M
-48.8%
Rs 514.4M
Rs -485.9M
Rs -205.3M
Net profit
Rs 596.7M
-19.5%
Rs 741.2M
+973.2%
Rs 69.1M
-87.6%
Rs 556.9M
turned profitable
Rs -1.7M
fell into loss
Rs 116.4M
turned profitable
Rs -1.0B
loss widened
Rs -719.2M
loss widened
EPS
12.62
-19.5%
15.68
+959.5%
1.48
-93.7%
23.56
-0.07
4.92
-43.62
-30.43

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

  • 2025 · finalRs 0.50
  • 2024 · finalRs 1.00
  • 2022Rs 2.00
Peer comparison8 peers in Plantations & Agriculture
Sector overview Open in screener
1Kotagala Plantations Plc
KOTA.N0000
Rs 8.10
P/E
9.0
P/B
1.00
ROE
10.03%
Yield
0.00%
2Maskeliya Plantations Plc
MASK.N0000
Rs 60.00
P/E
5.1
P/B
1.04
ROE
20.42%
Yield
6.67%
3Kegalle Plantations PLC
KGAL.N0000
Rs 127.50
P/E
30.7
P/B
0.61
ROE
2.00%
Yield
2.35%
4Balangoda Plantations PLC
BALA.N0000 · this company
Rs 58.40
P/E
7.3
P/B
0.60
ROE
8.17%
Yield
0.86%
5Udapussellawa Plantations PLC
UDPL.N0000
Rs 140.00
P/E
4.0
P/B
0.51
ROE
12.39%
Yield
0.00%
6Hapugastenne Plantations Plc
HAPU.N0000
Rs 54.60
P/E
14.6
P/B
0.59
ROE
4.06%
Yield
0.00%
7Madulsima Plantations PLC
MADU.N0000
Rs 9.00
P/E
-
P/B
2.42
ROE
8.02%
Yield
0.00%
8Kahawatte Plantations PLC
KAHA.N0000
Rs 15.00
P/E
-
P/B
1.43
ROE
-6.78%
Yield
0.00%
Peer median · 8 companies
P/E 9.3P/B 1.02Yield 0.00%

About Balangoda Plantations PLC

Balangoda Plantations PLC is a Sri Lankan plantation company engaged in the cultivation, processing and sale of tea and rubber. The Company manages a portfolio of estates and associated manufacturing assets, operating tea and rubber factories and processing facilities that support production and value-add for commodity and manufactured rubber products. Operations are concentrated across estate holdings in the Sabaragamuwa and Uva provinces and include tea gardens, rubber fields, timber and other crop areas. The Company pursues sustainability and quality assurance through certifications and compliance programs, and has implemented digital and mechanised practices such as drone-based foliar spraying and mapping, as well as crop diversification initiatives including pineapple and cinnamon cultivation and the conversion of specific estates to organic production. Balangoda Plantations also emphasises community and social programmes in its estate areas and maintains supplier and customer relationships underpinned by food safety and sustainability standards.

Rupee & ForexTea & Plantation Crops

AI analysis

neutral

Balangoda’s June quarter delivered its second-best comparable net margin in five June quarters, but the stock remains 41.0% below its 52-week high.

Read the full report (Aug 16, 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
Feb 25: 5 articles, net -0.06Oct 25: 2 articles, net -1.00May 26: 1 articles, net -1.00Jul 24Nov 24Mar 25Jul 25Nov 25Mar 26
Recent news
View all news →
Ada Derana·Oct 14, 2025·Regulatory or legalNegative
Special Discussion on Increasing Estate Workers’ Wages Presided by the President

President Anura Kumara Dissanayake held a special discussion with plantation company representatives on the proposed increase to estate workers' daily wages to align with recent public/private sector salary hikes and discussed implementation; the government pledged support for developing the plantation sector.

Tea & Plantation Crops
Daily FT·Oct 14, 2025·OtherNegative
President urges plantation companies to increase worker wages

President Anura Kumara Disanayake urged plantation companies to raise estate workers' daily wages and said the government will support the industry to implement the increase. Representatives from major planters, including Kahawatte, Malwatte, Kelani Valley, Balangoda, Browns, Kegalle and Kotagala, took part.

Tea & Plantation Crops
Daily FT·Oct 7, 2025·Award or certificationPositive
Ceylon Specialty Estate Tea of the Year 2025 charity auction

Telbedde Estate of Balangoda Plantations (BALA.N0000) and Pedro Estate of Kelani Valley Plantations (KVAL.N0000) secured the second- and third-highest prices at the Ceylon Specialty Estate Tea charity auction in Osaka, fetching JPY 65,000/kg and JPY 55,000/kg respectively.

Tea & Plantation CropsExporters
Daily FT·Oct 3, 2025·Award or certificationPositive
Telbedde Estate crowned Overall Gold Winner at Ceylon Specialty Estate Tea Awards 2025

Balangoda Plantations PLC's Telbedde Estate won the Overall Gold Award at the Ceylon Specialty Estate Tea of the Year 2025, and its OP1 lot fetched ¥65,000/kg (Rs. 133,620/kg) at a charity auction in Osaka. The estate is under the stewardship of Melstacorp PLC, and the recognition is expected to bolster demand for its premium single-estate teas.

Tea & Plantation CropsExporters
Ada Derana·Aug 28, 2025·Promotional / marketingPositive
Telbedde Estate blends tradition and excellence in Uva’s tea highlands

Balangoda Plantations' Telbedde Estate (part of Melstacorp) was named a 2025 Outstanding Tea Producer and has posted record auction prices, including a Rs. 2,500/kg BOP1 sale. The 1,121-hectare estate (512 ha under tea) uses sustainable practices and supports about 5,000 residents.

Tea & Plantation CropsExporters
Ada Derana·Jul 14, 2025·Promotional / marketing
Scholarships Pave the Way for Brighter Futures for the Children of the RPC Plantations

Multiple plantation companies (Agarapatana, Elpitiya, Talawakelle, Hatton, Watawala, Kegalle, Kelani Valley, Maskeliya, Namunukula, Kahawatte and Balangoda) are running scholarship programs supporting hundreds of students; Elpitiya alone funds 100 university and 80 A/L students at a cost exceeding LKR 12.4m.

Tea & Plantation CropsIT & Digital

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.