Cargills (Ceylon) PLC dominated CSE trading with block crossings of Rs. 2.26 billion, taking its total turnover to Rs. 2.88 billion and helping push total market turnover to Rs. 3.27 billion. The ASPI fell 62.37 points to 21,145.73, while Melstacorp accounted for Rs. 181 million of turnover.
Cargills (Ceylon) Plc
CARG.N0000Consumer & Retail · Food Retail
Annual fundamentals
| Year | Revenue | Net profit | EPS |
|---|---|---|---|
| 2026 | Rs 272.7B | Rs 10.8B | 40.85 |
| 2025 | Rs 241.8B | Rs 7.3B | 28.03 |
| 2024 | Rs 223.4B | Rs 5.9B | 22.85 |
| 2023 | Rs 195.6B | Rs 5.4B | 20.82 |
| 2022 | Rs 136.7B | Rs 4.5B | 17.63 |
| 2021 | Rs 112.6B | Rs 3.5B | 13.51 |
| 2020 | Rs 107.1B | Rs 2.8B | 10.47 |
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
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
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Generate an analysis →News sentiment
Describes news flow, not a forecast2 articles in 30 days: 1 positive, 0 negative, 1 neutral.
Cargills (Ceylon) PLC reported a March-quarter profit of Rs2.63bn, up 31% y/y, and FY profit of Rs10.61bn (from Rs7.22bn); quarterly revenue rose 16.8% to Rs69.52bn. The group reduced net debt to Rs16.1bn, recorded non-recurring losses (Rs858m cyclone damage; Rs328m on disposal of a 6.54% stake in Cargills Bank) and warned of energy and currency pressures that could moderate consumption.
Dividend · Rs 12.75 · XD May 25, 2026
Second Interim dividend of LKR 12.75/share; XD 2026-05-25; record 2026-05-25; payable 2026-06-11; FY 2025 - 2026
Cargills Bank PLC's public float rose to 49.84% as at 19 Feb 2026 from 39.14% at 31 Dec 2025 after Cargills (Ceylon) and CT Holdings sold a combined 10.05%. The Central Bank has directed the bank to meet staged capital targets (Rs16bn by 31-Mar-2027 to Rs20bn by 31-Dec-2029) and to cut the two shareholders' combined holding to 45% by Mar-2027, 35% by Mar-2028, 25% by Mar-2029 and 15% by Dec-2029.
The Central Bank has directed Cargills Bank to meet interim capital targets (Rs.16.0bn by 31-Mar-2027; Rs.17.5bn by 31-Mar-2028; Rs.19.0bn by 31-Mar-2029; Rs.20.0bn by 31-Dec-2029) and to cut combined holdings of Cargills (Ceylon) and CT Holdings from current ~50.66% to 45% by Mar-2027, 35% by Mar-2028, 25% by Mar-2029 and 15% by Dec-2029.
C T Holdings (CTHR.N0000) has appointed Indira Malwatta as an Independent Non-Executive Director. Malwatta has over 40 years' experience and currently serves on the boards of Samson International, Cargills and Kotmale.
Consumer & Retail sector: what is happening
Last 30 days to Aug 4, 2026Consumer retail saw tighter standards and capacity moves. The Consumer Affairs Authority made SLS certification mandatory for all single-use sanitary towels from 8 October 2026, with import inspections. Pelwatte broke ground on a liquid milk plant in Kurunegala to expand fresh dairy. Exporters to the EU were briefed on EmpCo, PPWR and EUDR rules carrying penalties up to €2m or 4% of turnover. Indian SMEs held B2B sessions locally.
The stories behind it
Auto-generated from 9 sector news articles over 30 days. Not investment advice. 1 more story on the sentiment page.