Bukit Darah PLC

BUKI.N0000Fairly valued

Diversified Holdings · Industrial Conglomerates

Bukit Darah PLC is a diversified listed group with primary activities in oil palm plantations and a portfolio of downstream and service businesses including beverages, oils and fats manufacturing, leisure and real estate, and portfolio and asset management.

BUKI shares are down 15.5% over the past year and last closed at Rs 846.00 on Sep 30, 2026.

Rs 846.00
-2.17%
Price history
-15.48%

Monthly seasonality

Monthly total returns by year and calendar month
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026-6.8-4.3-2.8+8.1-7.3-2.0-2.6+0.6-1.6+0.0+0.0+0.0
2025+15.0-7.2+10.9+0.7+1.9+5.3+4.4+24.1+10.0+3.2-4.4-4.2
2024+1.2-3.6+4.4-2.3-0.8+2.5-1.2-2.2+6.0+3.7+14.1+21.9
2023+0.3+33.0+0.2-4.9-1.5+1.3+10.8-0.2-4.5-5.0+5.0+0.3
2022+10.0-12.0-1.2-2.7-15.4-7.7-1.5+1.5+1.7+2.9-1.6-3.2
2021+4.3-10.2+0.6-9.1-6.6+6.3+0.8+11.7-7.5+9.7+17.1+3.9
2020-2.9-8.7-14.3+0.0+0.0+2.9-4.4+1.7+174.3-24.4-3.6+0.0
2019-7.1-6.1+2.4+2.0+0.4+2.5+16.0-7.6+2.2-0.4-1.7+5.3
2018+1.4+3.1-2.6+2.7-2.2-6.7-1.9+1.5+0.4+4.8-4.5+6.7
2017-6.9-0.7+8.2-6.9-0.7-1.5+0.4-8.1-13.8+7.0+2.3-4.3
2016-22.6-2.5-6.4-1.4-2.2-19.1+7.7-6.8-3.8+4.5-0.9+1.8
2015-3.4+3.3-5.0+3.1-3.7-1.3+0.8-1.3-3.0-7.8-12.7+0.4
2014-1.2-10.7+8.0-0.7+12.9-1.9+8.5+0.0+2.0-2.0+3.1-1.6
2013+0.4+0.8+0.0+0.6+0.0-2.0-0.8-1.4-1.2+1.9-6.7-3.0
2012+0.0+0.0+0.0+0.3-16.8+8.3-3.5-9.8+7.4-4.5-3.3+4.1
Average-1.3-1.8+0.2-0.8-3.0-0.9+2.2+0.2+11.2-0.5+0.1+2.0
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-0.4-3.9+0.1-0.2-1.8-1.3+0.4-0.2+0.4+2.4-1.7+0.3
% up50%29%57%50%21%47%53%40%53%57%36%57%
P/E
19.4
P/B
1.09
EPS
Rs 43.50
Div Yield
2.38%
Market Cap
Rs 86.3B
Beta
0.97
ROE
6.3%
Op Margin
17.2% (-3.8pp)

Fundamentals

LineFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Revenue
Rs 348.7B
+7.8%
Rs 323.6B
+16.8%
Rs 277.0B
-16.2%
Rs 330.4B
+93.6%
Rs 170.7B
+48.6%
Rs 114.8B
+8.4%
Rs 105.9B
+9.1%
Rs 97.1B
+21.6%
Operating profit
Rs 28.7B
-45.5%
Rs 52.6B
+11.1%
Rs 47.4B
-19.9%
Rs 59.2B
+105.1%
Rs 28.9B
+41.3%
Rs 20.4B
+234.2%
Rs 6.1B
-38.3%
Rs 9.9B
-10.5%
Net profit
Rs 17.9B
-47.5%
Rs 34.1B
+53.7%
Rs 22.2B
-23.0%
Rs 28.8B
+92.6%
Rs 15.0B
+53.8%
Rs 9.7B
turned profitable
Rs -2.6B
fell into loss
Rs 859.1M
-77.2%
EPS
43.50
-68.4%
137.44
+67.2%
82.22
-35.5%
127.52
+75.6%
72.64
+108.9%
34.77
-19.77
0.44
-96.3%

Compared with the same period a year earlier.

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

Recent dividends

  • 2027 · first interimRs 5.73
  • 2026 · first interimRs 14.43
  • 2025 · second interimRs 6.88
  • 2025 · first interimRs 3.80
  • 2024 · first interimRs 1.80
  • 2023 · first interimRs 1.10
  • 2022 · first interimRs 1.00
  • 2021Rs 0.60
Peer comparison7 peers in Diversified Holdings
Rs 18.70
P/E
22.7
P/B
0.80
ROE
3.49%
Yield
1.60%
MELS.N0000
Rs 185.00
P/E
10.7
P/B
1.29
ROE
12.13%
Yield
4.41%
HAYL.N0000
Rs 225.50
P/E
12.1
P/B
1.52
ROE
13.67%
Yield
2.66%
CARS.N0000 · same group, not in the median
Rs 720.00
P/E
15.5
P/B
1.29
ROE
8.68%
Yield
1.76%
CTHR.N0000
Rs 540.00
P/E
13.9
P/B
2.91
ROE
20.99%
Yield
2.82%
VONE.N0000
Rs 88.80
P/E
7.2
P/B
0.81
ROE
11.20%
Yield
1.69%
Rs 31.00
P/E
10.7
P/B
1.66
ROE
15.53%
Yield
3.23%
BUKI.N0000 · this company
Rs 846.00
P/E
19.4
P/B
1.09
ROE
6.34%
Yield
2.38%
Peer median · 6 companies
P/E 11.4P/B 1.41Yield 2.74%

About Bukit Darah PLC

Bukit Darah PLC is a diversified listed group with primary activities in oil palm plantations and a portfolio of downstream and service businesses including beverages, oils and fats manufacturing, leisure and real estate, and portfolio and asset management. The Group operates integrated palm oil plantations and mills, together with complementary manufacturing and consumer-facing businesses. Its Beverage operations include mainstream and premium beer brands and export-focused sales supported by an Innovation Brewery that enables small-batch production and new product variants; brands referenced in the report include Lion Strong and Carlsberg Special Brew. The Oils and Fats business includes specialised manufacturing capacity in Malaysia through Premium Vegetable Oils Sdn Bhd. The Group also holds leisure properties and real estate assets, and conducts portfolio and asset management activities comprising interest income, dividend income and trading of equity and debt securities. The Group’s operations span Sri Lanka and overseas plantation and manufacturing locations (including Indonesia and Malaysia in the annual report) and it sells into a number of international markets. Sustainability and responsible sourcing are highlighted across operations, including plantation-level traceability, forest protection initiatives and investments in energy- and water-efficiency in its beverage operations.

AI analysis

neutral

Bukit Darah's latest quarter grew revenue while net profit fell, exposing weaker conversion of sales into earnings. The shares beat the ASPI over one year but trade at a higher P/E than diversified-holding peers.

Read the full report (Aug 15, 2026) →

News sentiment

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

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

24 months positive negative 3-month net
Nov 24: 1 articles, net +1.00Jan 25: 2 articles, net +1.00Mar 25: 4 articles, net -0.28May 25: 1 articles, net +1.00Aug 25: 2 articles, net +0.00Sep 25: 1 articles, net -1.00Oct 25: 7 articles, net -0.57Nov 25: 3 articles, net -0.33Dec 25: 4 articles, net +0.75Jan 26: 3 articles, net -1.00May 26: 1 articles, net -1.00Jun 26: 5 articles, net -1.00Jul 26: 3 articles, net +1.00Aug 26: 2 articles, net -1.00Sep 26: 1 articles, net -1.00Oct 24Feb 25Jun 25Oct 25Feb 26Jun 26
Recent news
View all news →
EconomyNext·Sep 30, 2026·Market commentaryNegative
Sri Lanka stocks close flat, turnover Rs1.55bn

Colombo Stock Exchange closed flat as the ASPI slipped 0.02% to 20,812.93 with market turnover at Rs1.55bn; the S&P SL20 rose 0.27% to 5,912.50. Top gainers included Lion Brewery, LOLC Finance, Hemas Holdings and SMB Finance, while Dialog Axiata, Commercial Bank, Carson Cumberbatch and Bukit Darah were top losers.

Daily FT·Sep 1, 2026·Earnings & resultsNegative
CSE corporate earnings rise 10% to Rs. 168.3 b in 2Q

CSE corporate earnings rose 10% YoY to Rs.168.3bn in 2Q (1QFY27), lifting 1H earnings 8% YoY to Rs.354.9bn, led by banks which contributed 37% of quarterly profits. Food & Beverage and Diversified Financials were the next-largest contributors; top 10 counters made about 56% of profits.

Consumer Staples (FMCG)
Daily FT·Aug 21, 2026·Market commentaryNegative
CSE dips after early rally to close in red

The Colombo market fell for a fourth straight session as the ASPI closed down 0.05% (10.95 pts) at 21,405.62 with turnover over Rs.1.5bn and foreign net outflows of Rs.24.8m. SAMP, BREW, BUKI, JKH and CDB weighed on the index while MELS, SPEN, DIAL, CFIN and HARI were among gainers; banking led turnover.

Daily FT·Aug 20, 2026·Market commentaryNegative
CSE down 0.29% as Mideast weighs on sentiment

Colombo's ASPI fell 0.29% (62.5 pts) to 21,416.57 as Middle East tensions and rising oil prices dampened sentiment; turnover topped Rs.1.5bn with food, beverage & tobacco accounting for 30% and banks/capital goods contributing heavily. Several counters including SAMP, BREW, CFIN, BUKI, DIAL and SUN were cited.

Fuel & Energy Prices
Daily FT·Aug 19, 2026·Market commentaryNegative
CSE declines 0.64% on global oil price concerns

Colombo stock market fell 0.64% (ASPI -137.81 pts) to 21,479.07 as rising global oil prices pressured sentiment. Top negative contributors were Sampath Bank, Dialog, Commercial Bank, Ceylon Beverage and Bukit Darah; turnover exceeded Rs.2bn and foreign investors were net sellers of Rs.606m.

Fuel & Energy Prices
EconomyNext·Aug 18, 2026·Market commentaryNegative
Sri Lanka stocks close lower on global jitters, profit-taking

Colombo bourse closed lower: ASPI fell 0.64% (137.81 pts) to 21,479.07 and S&P SL20 slipped 0.72% to 6,040.91, with turnover Rs2.04bn. Brokers cited rising oil prices, Trump's Iran comments and profit-taking; CTC and CDB rose, SAMP, DIAL, COMB and BUKI fell, and Ceylon Hotels disclosed a Rs145m corporate guarantee for its subsidiary exceeding 20% of its net worth.

Fuel & Energy Prices
EconomyNext·Aug 18, 2026·Market commentaryNegative
Sri Lanka stocks drop 0.20-pct in Tuesday morning trade

Colombo Stock Exchange indices were down in Tuesday morning trade: the ASPI fell 0.20% (43.75 pts) to 21,573.13 and the S&P SL20 fell 0.20% to 6,072.34, with market turnover at Rs.340.8 million. Hayleys said S&P assigned an international foreign currency rating of B+ (stable) and Pegasus Hotels called an EGM on Sept 11, 2026 to seek approval for a share sub-division.

EconomyNext·Aug 6, 2026·Market commentaryNegative
Sri Lanka stocks close up following record Commercial Credit share sale

Colombo Stock Exchange closed higher (ASPI +0.49%) as turnover hit a 2026 high of Rs.12.24 billion following a record Rs.9 billion sale of Commercial Credit shares; Central Finance, Commercial Bank and Cargills were top gainers. Hela Apparel has initiated court proceedings to wind up the company and key subsidiaries.

EconomyNext·Jul 24, 2026·Market commentaryNegative
Sri Lanka stocks down on Friday midday, retail leads turnover

Sri Lanka's ASPI fell 0.20% to 21,171.86 at Friday midday; market turnover was Rs.1.62 billion, led by retailing (Rs.1.029 billion). Melstacorp, John Keells and Cargills were up, while Bukit Darah and Ceylinco Insurance were among the top decliners.

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

Colombo Stock Exchange closed higher as the ASPI rose 0.14% (29.77 pts) to 21,447.57 and the S&P SL20 gained 0.29% to 6,006.07, with market turnover Rs 1.49bn and banks leading turnover at Rs 74.9m. Bukit Darah declared a first interim dividend of Rs 5.73 per share, entitlement July 27, 2026.