Cargills (Ceylon) Plc

CARG.N0000Moderately overvalued

Consumer & Retail · Food Retail

Cargills (Ceylon) PLC is described in its annual report as Sri Lanka’s largest food company, operating across the food value chain including food manufacturing, retail, quick-service restaurants and related services.

CARG shares are down 14.4% over the past year and last closed at Rs 675.00 on Sep 30, 2026.

Rs 675.00
+0.52%
Price history
-14.45%

Monthly seasonality

Monthly total returns by year and calendar month
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026-0.8-2.1-5.5-1.8+0.0-6.8-2.0+7.8-1.2+0.0+0.0+0.0
2025+2.6+2.5-3.6+6.9+18.7+6.0+3.5+20.4+9.7+5.0-4.7-3.1
2024-2.5+6.0+4.4+1.6+0.7+0.3+1.1+0.3+0.0+3.4+1.0+6.9
2023-2.1-0.2+1.5+1.7+2.4+9.2+19.6+7.3+3.5+10.7-7.1-6.5
2022-1.0-6.1-15.0-5.9+3.1-3.6+1.6+12.7+26.1-12.7+12.4+4.4
2021+17.0-2.2+1.2-1.1+2.1+0.0+1.2-3.7-1.3-0.5-8.5+2.4
2020+2.6-5.6-9.6+0.0+0.0+2.4-4.8-2.8+4.4-0.5+4.2+5.3
2019-0.5+0.0+0.0+1.0-3.5-2.6+0.0+1.6-4.1+4.9-0.5+0.0
2018+2.0+2.0-7.4+3.9+0.0+0.0+0.0+2.0-2.0-1.0+1.1+0.5
2017+1.5-3.5-1.6+8.0+4.9-5.6+4.0-6.7+1.5-0.5+2.5-1.0
2016-12.1-4.3-5.7+0.7+2.6-0.3+3.6+8.8+2.8-3.9+5.5+7.4
2015-2.5-2.4-5.8-1.5+3.7+0.0+7.9+15.9-2.9+5.8+2.9+2.2
2014+4.7-12.3+1.1+8.4-3.7+4.7+1.9+7.9+0.6-4.4-1.9-1.2
2013+3.3-1.5+2.6+1.4+15.2-4.2-8.8+1.3-1.3-3.0+0.5-2.6
2012+0.0+0.0+0.0-2.2-13.0-5.4+1.4-3.2+19.9-13.2+0.7+1.0
Average+0.9-2.1-3.1+1.5+2.4-0.4+2.0+4.6+3.7-0.7+0.6+1.1
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+0.5-2.1-2.6+1.2+2.3+0.0+1.4+2.0+0.6-0.5+0.8+0.8
% up50%21%36%64%64%33%67%73%53%36%64%57%
P/E
16.0
P/B
4.29
EPS
Rs 42.30
Div Yield
2.74%
Market Cap
Rs 173.9B
Beta
0.40
ROE
26.9%
Op Margin
7.2% (+0.0pp)

Fundamentals

LineFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Revenue
Rs 272.7B
+12.7%
Rs 241.8B
+8.2%
Rs 223.4B
+14.2%
Rs 195.6B
+43.1%
Rs 136.7B
+21.4%
Rs 112.6B
+5.2%
Rs 107.1B
+13.1%
Rs 94.7B
+3.7%
Operating profit
Rs 18.6B
+22.4%
Rs 15.2B
+12.6%
Rs 13.5B
-1.8%
Rs 13.8B
+51.9%
Rs 9.1B
+24.0%
Rs 7.3B
+3.5%
Rs 7.1B
+50.8%
Rs 4.7B
-25.2%
Net profit
Rs 10.8B
+48.7%
Rs 7.3B
+22.5%
Rs 5.9B
+10.3%
Rs 5.4B
+18.6%
Rs 4.5B
+30.3%
Rs 3.5B
+26.2%
Rs 2.8B
+35.8%
Rs 2.0B
-38.9%
EPS
40.85
+45.7%
28.03
+22.7%
22.85
+9.8%
20.82
+18.1%
17.63
+30.5%
13.51
+29.0%
10.47
+35.3%
7.74
-45.8%

Compared with the same period a year earlier.

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

Recent dividends

  • 2026 · second interimRs 12.75
  • 2026 · first interimRs 5.75
  • 2025 · second interimRs 11.70
  • 2025 · first interimRs 4.80
  • 2024 · second interimRs 10.50
  • 2024 · first interimRs 4.50
  • 2023 · second interimRs 8.50
  • 2023 · first interimRs 3.50
Peer comparison1 peer in Consumer & Retail
CARG.N0000 · this company
Rs 675.00
P/E
16.0
P/B
4.29
ROE
26.90%
Yield
2.74%
Rs 118.75
P/E
14.4
P/B
4.99
ROE
34.77%
Yield
5.99%
Sector median · 35 companies
P/E 13.3P/B 1.66Yield 1.72%

About Cargills (Ceylon) Plc

Cargills (Ceylon) PLC is described in its annual report as Sri Lanka’s largest food company, operating across the food value chain including food manufacturing, retail, quick-service restaurants and related services. The Group’s activities span supermarkets, food processing and branded consumer foods, restaurant franchising and supply-chain services. The Group operates a nationwide supermarket chain under the Cargills Food City banner and manufactures processed food and beverage products through brands and facilities such as Goldi (smallgoods) and KIST (beverages and ice cream). It also operates the KFC quick service restaurant franchise in Sri Lanka and supplies locally adapted menu items. Cargills’ operations extend into procurement and development of local agricultural and dairy supply chains, logistics and cold-chain infrastructure, and community and enterprise programmes to support producers and rural livelihoods, with operations across Sri Lanka.

AI analysis

bullish

Cargills delivered its best June operating margin in seven comparable quarters as revenue grew 14.2%. The main tension is a valuation premium despite improving operations.

Read the full report (Sep 3, 2026) →

News sentiment

Describes news flow, not a forecast
Last 30 days
In line with its usual news flow
its own lowits own high

Higher than 33% of its last 9 months · 3 of 6 in its sector

5 articles in 30 days: 2 positive, 2 negative, 1 neutral.

24 months positive negative 3-month net
Oct 24: 1 articles, net +1.00Feb 25: 3 articles, net +0.67Apr 25: 2 articles, net -1.00May 25: 7 articles, net +0.44Jun 25: 1 articles, net +1.00Jul 25: 5 articles, net -0.17Aug 25: 1 articles, net +1.00Sep 25: 1 articles, net +1.00Oct 25: 2 articles, net +0.17Nov 25: 1 articles, net +1.00Dec 25: 5 articles, net -0.16Feb 26: 11 articles, net +0.09Mar 26: 3 articles, net -0.63May 26: 2 articles, net +1.00Jul 26: 3 articles, net +0.29Aug 26: 8 articles, net +0.31Sep 26: 5 articles, net +0.00Oct 24Feb 25Jun 25Oct 25Feb 26Jun 26
EconomyNext·Sep 18, 2026·Market commentaryPositive
Sri Lanka stocks edge up on Friday to close mixed week; ASPI at 21,056

Colombo Stock Exchange ASPI rose 0.16% to 21,056.26 on Friday (S&P SL20 up 0.07%) while the ASPI ended the week down 326.48 points. Market turnover was Rs 1.34bn; People's Leasing plans to list Rs 10bn of 13.75% debentures and DFCC Bank allotted its Rs 12.5bn Tier-2 debenture issue.

EconomyNext·Sep 16, 2026·Market commentaryNegative
Stocks down on Wednesday closing, food and beverage leads turnover

Colombo Stock Exchange closed down as the ASPI fell 0.58% to 21,139.31, with market turnover at 1.63 billion rupees. Food, Beverage & Tobacco led turnover at 782.3 million rupees; notable movers included Namunukula, Pan Asia Bank and Ceylon Cold Stores (up) and John Keells, Melstacorp, RIL Property and Cargills (down); Hunas Holdings entered a partnership with Tokyo-based CCH Inc for its real estate and hospitality businesses effective Sept 14.

Consumer Staples (FMCG)
Daily FT·Sep 12, 2026·Market commentaryPositive
CSE bucks three-day losing streak, ends week up 0.12%

The Colombo Stock Exchange ended the week up 0.12%, with the ASPI rising 25 points to 21,382.74 after snapping a three-day losing streak. HAYC, CARG, SAMP, LOLC, SEMB and DIMO were top positive contributors; turnover was Rs.1.1bn and foreign investors were net sellers of ~Rs.50.5m.

Fuel & Energy PricesRupee & Forex
EconomyNext·Sep 11, 2026·Market commentaryPositive
Sri Lanka stocks reverse morning losses to close up

Colombo Stock Exchange closed higher with the ASPI up 0.12% (25.00 pts) at 21,382.74 and the S&P SL20 up 0.19% at 6,015.08, on turnover of 333 million rupees. Galle Face Capital Partners received in-principle CSE approval to list up to 4,060,218 new ordinary shares via a scrip dividend; its shares closed down 2.45% at 19.90 rupees.

Daily FT·Sep 11, 2026·Market commentaryNegative
CSE extends losses over geopolitical concerns

Colombo market slipped as the ASPI closed down 0.50% (108.26 pts) at 21,357.74 and the S&P SL20 fell 0.50% to 6,003.92 amid concern over Middle East tensions and rising oil prices. Top negative contributors were MELS.N0000, BREW.N0000, DIAL.N0000, CARS.N0000 and CARG.N0000; turnover was over Rs.1.45bn.

Fuel & Energy Prices
Daily FT·Sep 3, 2026·Market commentaryNegative
CSE net foreign outflow hits record in Aug., YTD tops Rs. 55.7 b

The CSE recorded a record net foreign outflow of Rs.19.46 billion in August, lifting YTD net foreign outflows to Rs.55.7 billion through August 2026. United Motors (UML.N0000), Melstacorp (MELS.N0000) and Seylan Bank (SEYB.N0000) saw net foreign buying while Cargills (CARG.N0000) faced Rs.4.07 billion of net foreign selling.

Rupee & Forex
Daily FT·Sep 3, 2026·Promotional / marketing
ProFood ProPack and AgBiz 2026 concludes successfully

ProFood ProPack and AgBiz 2026 concluded at BMICH after three days (21-23 Aug), drawing nearly 30,000 visitors, about 450 stalls and international participation, and organisers say they will expand the venue for next year's edition.

Consumer Staples (FMCG)
Daily FT·Sep 1, 2026·Management or board change
Joseph Page new Chairman of CT Land Development; Indira Malwatte joins Board

CT Land Development appointed Joseph Page as Non-Executive Chairman effective 21 August 2026 and Indira Malwatte as an Independent Non-Executive Director. Page is also a director of parent C T Holdings PLC and other CT Group firms; Malwatte chairs Samson International and sits on the boards of Cargills and Kotmale.

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.