Printcare PLC's board recommended a rights issue to raise Rs.700,014,300 by issuing 23,333,810 new ordinary shares at Rs.30 each (19 new shares for every 70 held). The proposal is subject to Colombo Stock Exchange and shareholder approval; shares fell Rs.2.30 to Rs.37.70 after the announcement and net assets were Rs.65.22 per share at end-June 2026.
Manufacturing · Commercial Printing/Forms
Printcare PLC provides printing, packaging and digital media solutions, supplying products such as tea bag tags, envelopes, sachets, cartons, secure prints, publications and canisters.
CARE shares are down 38.9% over the past year and last closed at Rs 35.00 on Sep 30, 2026.
Monthly seasonality
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +5.6 | -5.9 | -9.6 | +1.9 | +0.0 | -17.0 | -1.2 | +0.0 | -12.8 | +0.0 | +0.0 | +0.0 |
| 2025 | +36.6 | -2.1 | -7.6 | +17.5 | -9.0 | -2.5 | +2.6 | -7.2 | -1.1 | +12.7 | -9.5 | -5.2 |
| 2024 | +0.0 | -4.2 | +3.9 | +7.1 | -3.7 | +0.0 | -5.8 | -1.1 | +2.1 | -1.6 | -2.8 | +8.1 |
| 2023 | +9.1 | -12.4 | -5.4 | -1.8 | -8.3 | +18.6 | +1.5 | -3.8 | +1.0 | -5.6 | -2.3 | -5.3 |
| 2022 | -12.8 | -11.3 | -30.7 | +3.5 | +20.8 | +4.0 | -7.4 | +142.8 | +15.8 | -17.2 | -10.8 | -16.8 |
| 2021 | +2.5 | -10.5 | -8.7 | -4.8 | +3.5 | +8.9 | +33.1 | +13.3 | +1.6 | -2.0 | -2.3 | +12.8 |
| 2020 | +0.0 | -3.8 | -12.0 | +0.0 | +0.0 | +0.0 | +0.8 | +4.6 | +5.8 | -2.4 | +28.5 | -10.7 |
| 2019 | +0.0 | +3.4 | +0.0 | +5.5 | +0.0 | +0.0 | -10.4 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 |
| 2018 | +0.0 | +0.0 | +0.0 | +0.0 | -3.2 | -10.0 | +29.6 | -11.7 | -3.2 | +0.3 | +0.7 | +0.0 |
| 2017 | +0.0 | +0.0 | -15.3 | +20.7 | -5.8 | -1.6 | +5.9 | -3.1 | -0.3 | +2.6 | +7.9 | +0.0 |
| 2016 | +0.0 | +0.0 | -5.0 | -5.3 | +5.6 | +5.3 | +2.5 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 |
| 2015 | +7.8 | +3.8 | -10.8 | +12.2 | +3.6 | -2.3 | -8.8 | +12.3 | -12.8 | +4.5 | +0.0 | +0.0 |
| 2014 | +21.9 | -8.8 | -2.7 | +0.0 | +2.7 | +8.3 | +23.1 | -0.5 | +0.5 | +0.0 | -4.8 | -2.6 |
| 2013 | -0.3 | -3.8 | +0.0 | +7.1 | +0.3 | -4.7 | -5.9 | +0.0 | +4.8 | +6.0 | -3.0 | -7.2 |
| 2012 | +0.0 | +0.0 | +0.0 | -6.5 | -13.8 | +22.0 | -1.0 | -1.0 | +13.7 | -12.9 | +8.1 | -8.7 |
| Average | +7.8 | -5.1 | -8.0 | +4.4 | -0.6 | +2.2 | +3.9 | +11.1 | +1.2 | -1.3 | +0.8 | -4.0 |
| 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 | +5.6 | -4.2 | -7.6 | +3.5 | +0.0 | +0.0 | +0.8 | -0.5 | +1.0 | -0.8 | -2.3 | -5.3 |
| % up | 67% | 18% | 8% | 62% | 46% | 46% | 53% | 31% | 62% | 42% | 31% | 22% |
Fundamentals
| Line | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | Rs 12.9B +5.3% | Rs 12.3B -4.8% | Rs 12.9B -8.9% | Rs 14.1B +85.4% | Rs 7.6B +26.7% | Rs 6.0B +20.9% | Rs 5.0B +1.6% | Rs 4.9B +4.2% |
| Operating profit | Rs -746.9M | Rs -191.5M | Rs 977.1M -64.3% | Rs 2.7B +80.4% | Rs 1.5B +150.7% | Rs 605.7M +388.2% | Rs 124.1M | Rs -94.9M |
| Net profit | Rs -1.9B loss widened | Rs -1.0B fell into loss | Rs 222.9M -85.2% | Rs 1.5B -33.6% | Rs 2.3B +278.2% | Rs 598.9M turned profitable | Rs -63.6M loss narrowed | Rs -182.0M loss widened |
| EPS | -14.55 | -8.15 | 2.87 -83.4% | 17.33 -33.4% | 26.02 +288.9% | 6.69 | -0.82 | -2.10 |
Compared with the same period a year earlier.
Per-share figures are as reported, not adjusted for splits.
Recent dividends
- 2024 · finalRs 1.00
- 2024 · first interimRs 1.00
- 2023 · second interimRs 3.50
- 2023 · first interimRs 2.00
- 2022 · second interimRs 4.00
- 2022 · first interimRs 4.00
- 2021 · finalRs 1.00
- 2021 · first interimRs 1.00
| # | Company | Price | Mkt cap | P/E | P/B | EPS | ROE | Div Yield |
|---|---|---|---|---|---|---|---|---|
| 1 | GLAS.N0000 | 55.30 | Rs 52.5B | 12.4 | 3.29 | 4.47 | 26.54% | 5.39% |
| 2 | PACK.N0000 | 10.40 | Rs 3.5B | 12.4 | 0.86 | 0.84 | 6.99% | 3.56% |
| 3 | CARE.N0000 · this company | 35.00 | Rs 3.0B | - | 0.54 | -11.25 | -17.26% | 0.00% |
| 4 | JFP.N0000 | 16.30 | Rs 2.8B | 11.9 | 1.57 | 1.37 | 11.56% | 6.13% |
| 5 | ACME.N0000 | 3.60 | Rs 2.4B | - | 4.68 | -2.04 | -103.81% | 0.00% |
| Peer median · 4 companies | - | - | 12.4 | 2.43 | - | - | 4.47% |
About Printcare PLC
Printcare PLC provides printing, packaging and digital media solutions, supplying products such as tea bag tags, envelopes, sachets, cartons, secure prints, publications and canisters. The Company serves a diverse customer base across multiple industries including Tea, Apparel, FMCG, Telecommunications, Education, Publishing, Tobacco, Finance and Lotteries and exports to customers on five continents. Printcare operates multiple state-of-the-art production facilities and has expanded its international footprint with manufacturing capacity in markets outside Sri Lanka, including a dedicated corrugated packaging operation in Kenya and expanded production capacity in India. The Group has also developed a renewable packaging line producing biodegradable and environmentally friendly alternatives to plastic and metal. The Company works with over 350 customers and positions its operations around specialised packaging and print services, strategic outsourcing of non-core functions, and sustainability-focused product development. One named subsidiary/operation is Printcare Packaging East Africa, which supports the Group's entry into the corrugated packaging segment in the region.
AI analysis
bearishEvidence points bearish: debt is more than twice owners' equity while the business remains loss-making. The June operating recovery and a 0.58 times P/B are the main counterweights.
Read the full report (Sep 18, 2026) →News sentiment
Describes news flow, not a forecast3 articles in 30 days: 0 positive, 0 negative, 3 neutral.
Printcare PLC will raise Rs700,014,300 via a rights issue offering 23,333,810 shares at Rs30 each (19 new shares for every 70). The proceeds are for investment and working capital; the company's shares were trading at Rs38, down 5%.
Colombo Stock Exchange edged lower as the ASPI slipped 0.07% (down 15.72 pts) to 21,246.41 while the S&P SL20 was flat at 5,976.82. Top movers included Namunukula (+12.37%), Co-operative Insurance (+3.03%) and HNB (+0.20%); Printcare fell 5% after a board-recommended rights issue and Asia Asset Finance listed converted shares.
Rights issue · 19:70 at Rs 30.00
Rights issue (19:70) at LKR 30/share
Colombo Stock Exchange closed with the ASPI down 0.06% at 22,229.71 while the S&P SL20 rose 0.05% to 6,209.85; market turnover was Rs.1.52bn and capital goods led turnover at Rs.834.9m. Dialog, Melstacorp and Bukit Darah were positive contributors, Aitken Spence, DFCC Bank and Ceylon Tobacco were top decliners, crossings were recorded in Hemas, Windforce and Printcare, and SANASA Life raised Rs.500m via subordinated debentures to meet regulatory capital requirements.
EDB held an awareness session for handicrafts, giftware, lifestyle and toy exporters with 100 SME participants to boost export capacity. Sessions covered packaging (presented by Printcare), IT and e-marketing, and consolidated freight services.
Finco Holdings increased its holding in Printcare Plc (CARE) to 11.21% after buying 2,648,582 shares at Rs 62 each.
Manufacturing sector: what is happening
Last 14 days to Sep 30, 2026Manufacturing export conditions weakened in August as apparel, tea and coconut-based product shipments fell, although merchandise exports remained higher over January-August. Exporters also reported certification delays, cost pressures and cheaper imported rubber undermining local value addition. Oil-price swings added uncertainty to energy and transport inputs, while industry proposals continued to stress higher-value agrifood processing, traceability and mechanisation.
The stories behind it
Auto-generated from 16 sector news articles over 14 days. Not investment advice.