Brown & Company PLC

BRWN.N0000Moderately overvalued

Diversified Holdings · Industrial Conglomerates

Brown & Company PLC is a diversified Sri Lankan conglomerate engaged in manufacturing, trading, services and distribution across multiple sectors.

BRWN shares are down 30.9% over the past year and last closed at Rs 128.00 on Sep 30, 2026.

Rs 128.00
+0.79%
Price history
-30.90%

Monthly seasonality

Monthly total returns by year and calendar month
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026+15.1-4.8-15.2+3.2+0.0-7.5-5.4+0.4-9.6+0.0+0.0+0.0
2025+16.5-17.0-4.5+8.7+6.0-2.0+2.2-1.2-0.5-0.9-7.6-1.9
2024-5.0+1.1+14.6+13.6+0.0-4.8-9.7-7.0+14.5-0.9+0.7+55.4
2023+1.3-4.6+5.3-5.9-12.8+8.5+28.3-9.2-4.5-3.6-8.6-3.8
2022-11.2-19.8-51.7-15.0+38.9-18.7-12.3+54.2-3.9-18.3+2.3-11.7
2021+126.8-24.1-11.4+7.8+3.2-3.1+5.4+21.7-1.1-1.5+29.0+33.4
2020+3.4-10.5-38.7+0.0+0.0+20.0+15.7-6.8+1.6-7.7+12.7+54.6
2019-10.0-3.7-7.7-4.2-13.0+0.0+45.5+29.7-7.9+3.6-2.8+5.7
2018-11.0-3.0+0.0+6.1-23.5-12.1-1.4+13.4-9.1+8.0+11.1+0.0
2017-5.0-2.1-8.4+19.0+15.9+0.1-3.2-6.1-5.2+0.7-6.0-0.1
2016-12.1-7.3-3.0+18.8-2.1-12.5+22.9-6.0+0.0-6.4-5.6+0.4
2015-1.9-1.0-7.2+11.9+13.0-9.8+7.3-2.5-10.7+1.3-3.8+1.2
2014+10.0+0.3-1.4-1.0+2.1-2.2+12.2+6.3+2.6+2.4-4.1+0.0
2013+0.6-12.7+8.2+5.9-0.6-5.4-8.0-13.7+1.9-5.3-11.0+3.2
2012+0.0+0.0+0.0+1.0-25.4-5.9-2.7+20.1+29.0-21.6-7.7+3.4
Average+8.4-7.8-8.7+5.0+0.1-3.7+6.4+6.2-0.2-3.6-0.1+10.0
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-0.7-4.7-5.9+6.0+0.0-4.8+2.2-1.2-1.1-1.2-4.0+0.8
% up50%14%21%71%43%20%53%47%33%36%36%57%
P/E
-
P/B
0.24
EPS
Rs -73.95
Div Yield
0.00%
Market Cap
Rs 27.2B
Beta
0.87
ROE
-13.9%
Op Margin
13.4% (+3.2pp)

Fundamentals

LineFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Revenue
Rs 154.4B
+43.2%
Rs 107.8B
+33.8%
Rs 80.6B
+11.0%
Rs 72.7B
+44.4%
Rs 50.3B
+71.2%
Rs 29.4B
+43.8%
Rs 20.4B
-3.6%
Rs 21.2B
+3.1%
Operating profit
Rs 19.3B
-73.3%
Rs 72.0B
+49.0%
Rs 48.3B
+35.0%
Rs 35.8B
-17.1%
Rs 43.1B
+1,440.9%
Rs 2.8B
-
Rs 4.0B
-20.7%
Net profit
Rs -27.8B
fell into loss
Rs 19.7B
turned profitable
Rs -8.5B
loss narrowed
Rs -12.5B
fell into loss
Rs 29.7B
turned profitable
Rs -3.3B
loss widened
Rs -1.5B
fell into loss
Rs 2.9M
-99.9%
EPS
-73.17
152.51
+1,261.7%
11.20
-29.30
101.54
-0.08
17.03
+135.9%
7.22
-37.1%

Compared with the same period a year earlier.

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

Recent dividends

  • 2012Rs 0.50
Peer comparison6 peers in Diversified Holdings
BIL.N0000 · same group, not in the median
Rs 4.90
P/E
-
P/B
0.38
ROE
-12.34%
Yield
0.00%
Rs 28.80
P/E
21.0
P/B
2.92
ROE
13.96%
Yield
6.25%
Rs 137.50
P/E
7.2
P/B
0.61
ROE
8.50%
Yield
2.91%
Rs 25.30
P/E
21.3
P/B
1.84
ROE
8.64%
Yield
5.93%
Rs 35.60
P/E
25.6
P/B
4.32
ROE
25.42%
Yield
6.85%
Rs 27.80
P/E
7.6
P/B
1.10
ROE
15.02%
Yield
1.80%
BRWN.N0000 · this company
Rs 128.00
P/E
-
P/B
0.24
ROE
-13.85%
Yield
0.00%
Peer median · 5 companies
P/E 21.0P/B 1.84Yield 5.93%

About Brown & Company PLC

Brown & Company PLC is a diversified Sri Lankan conglomerate engaged in manufacturing, trading, services and distribution across multiple sectors. Its activities include the supply of farm machinery and equipment, distribution of automotive batteries and tyres, and the import and distribution of hardware, power tools, office equipment and veterinary products. The group’s operations and distribution network are focused across Sri Lanka. The Group is organised into clusters and Strategic Business Units. The Automotive & Hardware cluster comprises Browns Battery & Tyre (automotive and industrial batteries, tyres and related services, including digital warranty solutions), Browns General Trading (distribution of tools and hardware brands such as Makita, waterproofing solutions and domestic appliances) and Browns Thermal Engineering (BTEL), which manufactures and supplies radiator and injection-moulded plastic products under brands including RADCO. The Agriculture & Heavy Machinery cluster comprises Browns Agriculture (distribution, after-sales support and service for tractors, harvesters, rice mill equipment and precision agriculture services, including partnerships with manufacturers such as TAFE) and Browns Power Systems (power generation and engineering solutions).

AI analysis

bearish

Evidence points bearish because finance costs exceeded operating profit in June, leaving a LKR 7.5 billion loss despite stronger trading. The counterweight is a 0.25 times P/B, exceptionally cheap against its own record.

Read the full report (Sep 15, 2026) →

News sentiment

Describes news flow, not a forecast
Last 30 days
Not enough news to read

1 article in 30 days: 1 positive, 0 negative, 0 neutral.

24 months positive negative 3-month net
Nov 24: 1 articles, net +1.00Dec 24: 3 articles, net +0.33Feb 25: 1 articles, net +1.00Apr 25: 2 articles, net +0.67Jun 25: 3 articles, net +0.33Dec 25: 1 articles, net -1.00Jan 26: 1 articles, net -1.00Sep 26: 1 articles, net +1.00Oct 24Feb 25Jun 25Oct 25Feb 26Jun 26
Recent news
View all news →
Ada Derana·Sep 15, 2026·Capacity or capexPositive
Beyond Revival: How a Public-Private Partnership Turned an Abandoned Sugar Factory Into a Regional Lifeline

Brown & Company and LOLC Holdings partnered with the government (51% state, 49% private) to revive the long-idle Hingurana/Gal Oya sugar factory, rebuilding infrastructure and expanding into ethanol, power and bio-fertiliser. The operation now cultivates ~8,500 ha, employs ~1,300 directly and works with 8,000 farmers, supporting roughly 30,000 people and reducing sugar imports.

Consumer Staples (FMCG)Renewable Energy
Daily FT·Jan 30, 2026·Promotional / marketingPositive
Browns EV marks key milestone in Sri Lanka’s electric mobility journey

Brown & Company PLC's Browns EV unveiled the BAW M8, marked 1,500 EV deliveries and announced an exclusive charging partnership with Qingdao TELD to deploy chargers nationwide. The M8 is priced at Rs.21 million and is claimed to have a range exceeding 1,050 km.

Renewable Energy
Daily FT·Jan 27, 2026·Market commentary
CSE briefly hits 24,000 points; ends flat

The Colombo market hit an intraday record of 24,052.06 but closed flat, with the ASPI down 0.01% at 23,953.09 and the S&P SL20 up 0.20% at 6,663.12. Turnover was over Rs.5.4bn; York jumped 24.81% while SAMP, RICH, DFCC, CTHR and CARG were top negative contributors.

Daily FT·Jan 13, 2026·Award or certification
Seminar on safeguards for company secretaries, directors under amended Companies Act

Seminar on safeguards under the amended Companies Act No. 12 of 2025 will be held on 27 Jan (2–5pm) at NH Collection, Colombo 3. Organisers say the amendments place new responsibilities and stricter penal sanctions on company secretaries and directors; speakers include HNB and LOLC Insurance chairs.

Daily FT·Dec 31, 2025·Earnings & resultsNegative
Cumulative listed company earnings end seven-quarter growth run

Aggregate profits of 273 listed companies fell 12% YoY to Rs.176.5 billion in Sep-25, ending a seven-quarter growth streak. Banks (Rs.52bn, +39% YoY) and diversified financials (Rs.39bn, +112% YoY) underpinned a QoQ rebound, while food, beverage & tobacco and capital goods posted steep declines.

Consumer Staples (FMCG)
Ada Derana·Dec 15, 2025·Promotional / marketing
Top Corporates Join Hands with Government to Revive Industries Affected by Cyclone “Ditwah”

The Ministry launched the Industry Recovery Foster Program (IRFP) and Industry Development Foster Program (IDFP) to revive large-scale manufacturing hit by Cyclone Ditwah, with corporates including John Keells (JKH.N0000), Hemas (HHL.N0000), Brown & Company (BRWN.N0000) and Cargills (CARG.N0000) joining a PPP. The recovery framework will be operational within 30 days and 16,476 inquiries have been recorded to date.

Daily FT·Dec 5, 2025·Promotional / marketingPositive
ComBank partners Browns to modernise agriculture by empowering farmers

Commercial Bank of Ceylon signed an MoU with Brown & Company to provide special leasing via its Agri Lease and Diribala Green Development Loan Scheme to help farmers buy Browns Agriculture machinery. Browns will offer free first-year insurance, initial labour-free services and IoT monitoring for selected equipment.

IT & Digital
Ada Derana·Dec 2, 2025·Promotional / marketingPositive
ComBank partners with Browns to modernise agriculture by empowering farmers

Commercial Bank of Ceylon and Brown & Company PLC signed an MoU to offer special leasing facilities through the bank’s Agri Lease and Diribala Green Development Loan Scheme to help farmers acquire Browns Agriculture machinery; the program includes bundled benefits such as insurance, free servicing, IoT monitoring and warranties.

IT & Digital
Daily FT·Nov 25, 2025·Award or certificationPositive
Browns Agriculture strikes Gold

Brown & Company PLC's Browns Agriculture won the Gold Award for “Global Brand of the Year” for its Browns SUMO WORLD Harvester at the SLIM Brand Excellence Awards 2025. The harvester holds a 73% national market share and features advanced monitoring and extensive after-sales support.

IT & Digital