CFA Society Sri Lanka held the 13th Capital Market Awards on 10 September 2026, with Hemas Holdings Ltd. winning Gold for Best Investor Relations (Mid-to-Large Cap). hSenid Business Solutions won Small-Cap IR Gold; Sunshine Holdings (Silver) and John Keells Holdings (Bronze) were also recognised, and Softlogic received a sector-report award.
Banks & Finance · Investment Banks/Brokers
Capital Alliance Holdings PLC is an investment banking group that delivers comprehensive capital market solutions, including debt and equity services, across frontier markets. It provides intermediation, advisory and asset management services across public and private capital markets.
CALH shares are down 32.2% over the past year and last closed at Rs 12.20 on Sep 30, 2026.
Monthly seasonality
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.0 | -2.8 | -12.6 | +8.6 | -7.9 | -8.6 | -2.9 | +0.0 | -9.6 | +0.0 | +0.0 | +0.0 |
| 2025 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +3.6 | +9.4 | -4.3 | -5.0 | -2.4 | +7.8 |
| Average | - | - | - | - | - | - | +0.4 | +4.7 | -7.0 | - | - | - |
| 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 | +0.0 | -2.8 | -12.6 | +8.6 | -7.9 | -8.6 | +0.4 | +4.7 | -7.0 | -5.0 | -2.4 | +7.8 |
| % up | 0% | 0% | 0% | 100% | 0% | 0% | 50% | 50% | 0% | 0% | 0% | 100% |
Fundamentals
| Line | FY2026 | FY2025 |
|---|---|---|
| Total income | Rs 8.0B -28.0% | Rs 11.0B |
| Operating profit | Rs 4.2B -36.4% | Rs 6.6B |
| Net profit | Rs 2.7B -36.2% | Rs 4.2B |
| EPS | 1.18 -37.2% | 1.88 |
Compared with the same period a year earlier.
Per-share figures are as reported, not adjusted for splits.
Recent dividends
- 2026Rs 1.00
| # | Company | Price | Mkt cap | P/E | P/B | EPS | ROE | Div Yield |
|---|---|---|---|---|---|---|---|---|
| 1 | CALH.N0000 · this company | 12.20 | Rs 25.3B | 10.3 | 1.37 | 1.18 | 12.14% | 8.20% |
| 2 | FCT.N0000 | 26.80 | Rs 16.5B | 10.3 | 2.39 | 2.61 | 21.00% | 18.66% |
| 3 | CFVF.N0000 | 39.60 | Rs 16.0B | - | 2.22 | -1.73 | -9.67% | 17.68% |
| 4 | CALT.N0000 · same group, not in the median | 43.10 | Rs 14.2B | - | 1.71 | -6.67 | -26.44% | 27.84% |
| 5 | WLTH.N0000 | 11.20 | Rs 13.7B | 24.3 | 2.14 | 0.46 | 7.89% | - |
| Peer median · 3 companies | - | - | - | 2.22 | - | - | - |
About Capital Alliance Holdings PLC
Capital Alliance Holdings PLC is an investment banking group that delivers comprehensive capital market solutions, including debt and equity services, across frontier markets. It provides intermediation, advisory and asset management services across public and private capital markets. The group’s activities span primary dealing and treasury services (facilitating trading in government securities and market liquidity), stockbroking and electronic trading on the Colombo Stock Exchange, asset management including unit trusts and private wealth management, and corporate finance and advisory covering M&A, equity and debt capital raising and corporate restructuring. CAL also integrates research, ESG due diligence and sustainable finance into its advisory work. The CAL Group comprises licensed entities that include a primary dealer (CALT), a licensed stockbroker (CALS), an asset manager (CALI) and a corporate finance/advisory arm (CALP), and operates primarily in Sri Lanka with operations and affiliates in Bangladesh and the UAE while pursuing further regional expansion.
AI analysis
bearishCALH fell into a LKR 2.27 billion June-quarter loss after a prior-year profit. The share is near its 52-week low despite a 7.5% dividend yield.
Read the full report (Sep 4, 2026) →News sentiment
Describes news flow, not a forecastNo scored news in the last 30 days.
The CFA Society Sri Lanka held its 13th Capital Market Awards on 10 Sept 2026; Hemas Holdings won Gold for Best Investor Relations (Mid-to-Large Cap) and hSenid Business Solutions won Gold for Best Investor Relations (Small Cap). Sunshine and John Keells took Silver and Bronze respectively; Hatton National Bank and Capital Alliance were event sponsors.
CA Sri Lanka held a forum warning that prolonged Middle East instability could spike oil prices and disrupt remittances, tourism and tea exports, raising inflation, exchange-rate volatility and risks to the banking/financial sector.
Capital Alliance PLC (CALT) was upgraded by Lanka Rating Agency to an ‘A+’ rating from ‘A’ with a Stable Outlook, citing strong capitalisation, improved profitability and total equity of ~Rs.15 billion as of 30 Sep 2025; LRA noted capital adequacy remained comfortably above regulatory requirements.
Capital Alliance Investments Ltd (a CAL Group subsidiary) listed 841,263,375 units of the CAL Three Year Closed End Fund on the Colombo Stock Exchange. The three-year closed-end fixed-income unit trust targets predictable cash flows and capital preservation amid a stabilizing yield environment.
Capital Alliance Holdings (represented by its SVP, Equity Capital Markets) took part in the 'Seed to Scale – Unlock Value & Potential' forum where tech companies sought capital-market opportunities to scale.
The SEC and Colombo Stock Exchange held a 'Seed to Scale' forum to encourage tech firms to use the capital market for growth; Capital Alliance Holdings (CALH.N0000) delivered a presentation on pathways to listing and capital raising.
FINEXT 2025 career fair at the University of Sri Jayewardenepura linked undergraduates with finance, technology and professional services firms; participating shortlisted companies included UAL.N0000, CALH.N0000, VLL.N0000, WLTH.N0000 and NDB.N0000. A panel on the export-oriented knowledge and professional services sector and onsite interviews provided recruitment and industry insights.
Banks & Finance sector: what is happening
Last 14 days to Sep 30, 2026With policy held at 8.75% amid 8.0% inflation, and Treasury and secondary bond yields rising during the window, banks face continued pressure to reprice deposits and loans while government-securities portfolios remain sensitive to yield moves. The rupee weakened and foreign investors sold rupee bonds for a second week. From 1 November, TIN verification will be required for bank accounts and credit cards, adding onboarding compliance.
The stories behind it
Auto-generated from 45 sector news articles over 14 days. Not investment advice.