Bairaha Farms Plc

BFL.N0000Moderately undervalued

Consumer & Retail · Food: Meat/Fish/Dairy

Bairaha Farms PLC is a vertically integrated poultry company in Sri Lanka that operates across the full poultry value chain from breeding and hatchery operations to feed production, commercial broiler farming, processing, cold storage, distribution and sales.

BFL shares are up 22.1% over the past year and last closed at Rs 86.90 on Sep 30, 2026.

Rs 86.90
+2.36%
Price history
+22.05%

Monthly seasonality

Monthly total returns by year and calendar month
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026+6.4-4.1-15.9+22.0+6.7-1.6-5.4+2.8-1.3+0.0+0.0+0.0
2025-2.1-4.1-3.5-0.5+3.8+11.6+26.8-5.8+59.5+24.0-2.4-4.9
2024-8.5-2.9+4.7+6.4-3.3-3.1-4.3-2.4+1.2+8.6-4.1+7.1
2023-5.6-6.4+3.6-2.3-8.9+3.7+15.4+23.5+3.2-5.2-0.7+1.1
2022+0.2-11.0-39.9-13.3-1.5-6.3+27.5+23.2+24.3-18.2-9.1-0.6
2021+10.7-7.1+0.3-10.9+7.0+12.5+10.6-15.2+5.2+17.6+15.4+34.8
2020-7.6-10.5-15.8+0.0+0.0+14.0-8.2+0.0+34.4-6.6+28.3-3.4
2019-3.1-3.2-4.3+0.2-17.4+0.0+5.8+1.3-1.5+4.7+10.8-1.3
2018-4.6+1.0-4.5-0.4-7.1-4.0+5.0+1.6-2.4-3.9+4.1+2.5
2017-4.9-2.4-3.0+5.7-5.4-2.5+4.4-3.0-1.8-3.2-2.0-2.1
2016-10.4-16.2-2.7+25.3-5.7-6.7+5.5+7.3+4.2+1.0-8.7+3.3
2015-1.6-3.3-9.2+5.1+11.1-3.4+16.2+27.1+8.5+12.8-10.0+0.9
2014+0.9-0.2+13.4-8.3-3.7-1.0+3.0-2.6+2.3-0.3-3.5-1.6
2013-4.6-16.7+19.8-0.9-2.4-2.7-4.3-0.7-3.0+3.1-5.5+1.7
2012+0.0+0.0+0.0-2.2-12.4+10.6+1.6+14.6+26.2-14.6-6.2+8.5
Average-2.5-6.2-4.1+1.9-2.8+1.4+6.7+4.8+10.6+1.4+0.4+3.3
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-3.8-4.1-3.2-0.4-3.5-1.6+5.0+1.3+3.2+0.3-3.0+1.0
% up29%7%36%43%29%33%73%53%67%50%29%57%
P/E
7.4
P/B
1.08
EPS
Rs 11.71
Div Yield
2.09%
Market Cap
Rs 7.6B
Beta
1.63
ROE
14.9%
Op Margin
9.0% (+6.8pp)

Fundamentals

LineFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Revenue
Rs 15.3B
+9.9%
Rs 13.9B
+4.7%
Rs 13.3B
+12.7%
Rs 11.8B
+75.0%
Rs 6.7B
+33.3%
Rs 5.1B
+16.1%
Rs 4.4B
-7.8%
Rs 4.7B
+12.1%
Operating profit
Rs 1.1B
+928.4%
Rs 105.2M
-81.2%
Rs 558.4M
+52.0%
Rs 367.4M
-44.6%
Rs 663.0M
+159.4%
Rs 255.6M
Rs -67.7M
Rs 545.0M
-1.3%
Net profit
Rs 1.0B
+719.4%
Rs 122.2M
-72.0%
Rs 435.8M
+53.9%
Rs 283.1M
-63.0%
Rs 765.3M
+120.4%
Rs 347.2M
turned profitable
Rs -215.2M
fell into loss
Rs 412.9M
+2.1%
EPS
11.71
+64.7%
7.11
-71.3%
24.76
+43.7%
17.23
-64.0%
47.83
+120.4%
21.70
-13.45
25.81
+2.1%

Compared with the same period a year earlier.

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

Recent dividends

  • 2026 · second interimRs 0.82
  • 2026 · first interimRs 5.00
  • 2025Rs 2.50
  • 2024 · second interimRs 2.50
  • 2024 · first interimRs 3.30
  • 2023 · finalRs 4.00
  • 2022 · second interimRs 6.00
  • 2022 · first interimRs 3.00
Peer comparison2 peers in Consumer & Retail
Rs 470.00
P/E
7.4
P/B
1.79
ROE
24.24%
Yield
3.19%
Rs 625.50
P/E
9.6
P/B
1.54
ROE
16.07%
Yield
6.39%
BFL.N0000 · this company
Rs 86.90
P/E
7.4
P/B
1.08
ROE
14.93%
Yield
2.09%
Sector median · 35 companies
P/E 13.3P/B 1.66Yield 1.72%

About Bairaha Farms Plc

Bairaha Farms PLC is a vertically integrated poultry company in Sri Lanka that operates across the full poultry value chain from breeding and hatchery operations to feed production, commercial broiler farming, processing, cold storage, distribution and sales. The Group supplies frozen whole chicken and portions, live broiler birds, day‑old chicks and a growing range of value‑added meat products to retail, institutional and export customers. Bairaha combines company‑owned farms with an out‑grower model and partner arrangements, supported by feed production through a joint venture feed mill, hatcheries, processing facilities and a recently commissioned 500 MT cold storage to manage quality, traceability, bio‑security and cold‑chain reliability. The Group has also established Global Reach Foods Pvt Ltd as a dedicated export platform to serve external markets. The business emphasises quality, food safety and bio‑security across its operations while serving domestic consumers, institutional customers, farmers and export markets across Sri Lanka.

AI analysis

bullish

Evidence points bullish: Bairaha returned to profit in the June quarter as sales grew 20.6%. The counterweight is a P/B more expensive than 88% of days since January 2019.

Read the full report (Sep 28, 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: 2 articles, net -1.00Aug 25: 1 articles, net -1.00Oct 25: 4 articles, net +0.75Nov 25: 3 articles, net +0.17Feb 26: 1 articles, net +1.00May 26: 1 articles, net +1.00Jun 24Oct 24Feb 25Jun 25Oct 25Feb 26
Recent news
View all news →
Ada Derana·Sep 17, 2026·Award or certificationPositive
Bairaha Farms PLC stands out at Pro-food Pro-pack & Agbiz 2026

Bairaha Farms PLC earned praise for its creative participation at the Pro-Food Pro-Pack & Agbiz 2026 trade expo (Aug 21-23, BMICH, Colombo), where it hosted activities including the Home Cooking Challenge featuring 12 contestants using Bairaha products.

Consumer Staples (FMCG)
EconomyNext·May 27, 2026·Market commentaryPositive
Sri Lanka stocks close up; food, beverage and tobacco lead turnover

Colombo Stock Exchange closed higher as the ASPI rose 0.54% to 22,294.71 and the S&P SL20 gained 0.61%. Top contributors included Dialog Axiata, Ceylon Cold Stores, NDB and Bairaha Farms while Hemas, Lion Brewery and Sampath Bank lagged; Jetwing Symphony declared a final dividend of Rs0.50 and closed at Rs14.30 (+2.88%).

Ada Derana·May 18, 2026·Award or certificationPositive
Bairaha Farms PLC Raises the Bar on Climate Transparency

Bairaha Farms PLC (BFL.N0000) has achieved ISO 14064 GHG Verification with a “reasonable level of assurance” at the organizational level. The certificate was issued under the Sri Lanka Climate Fund and presented in early 2026, positioning the company for greater ESG transparency and export-market credibility.

ExportersConsumer Staples (FMCG)
Daily FT·Feb 10, 2026·Capacity or capexPositive
Bairaha enhances product quality, traceability

Bairaha Farms Plc commissioned a new 500-ton cold storage facility built with about $1 million investment to maintain −20°C conditions, introduce WMS and QR traceability, and strengthen stock management for local distribution and exports.

ExportersConsumer Staples (FMCG)
Daily FT·Nov 21, 2025·Share split / sub-division
Bairaha Farms proceeds with 1-for-5 share split, announces dates

Bairaha Farms will implement a 1-for-5 share split pending EGM approval on 17 Dec, with a record date of 19 Dec; trading will be suspended 18–24 Dec and subdivided shares start trading on 26 Dec. The split raises issued shares from 17.6m to 88m while stated capital stays at Rs. 536.3m; last close Rs. 450.

Consumer Staples (FMCG)
Ada Derana·Nov 14, 2025·Award or certificationPositive
50 Years of Nourishing a Nation: How Bairaha Defined Sri Lanka’s Poultry Industry

Bairaha Farms PLC (BFL.N0000) marks its 50th anniversary, cites domestic growth and export progress with exports to the Maldives and conditional clearance for Singapore, and reports 2024 sector figures (chicken +10% to 258,540 mt; day-old chicks +13% to ~188m). The piece also flags challenges from reliance on imported feed (maize/soy) and high import levies that affect competitiveness.

Consumer Staples (FMCG)ExportersRenewable Energy

Consumer & Retail sector: what is happening

Last 14 days to Sep 30, 2026

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.