Diversified Holdings · Industrial Conglomerates
Carson Cumberbatch PLC is a diversified regional holding company with businesses across agribusiness, food ingredients, beverages, asset management, leisure and real estate, operating primarily in South Asia and Southeast Asia.
CARS shares are down 18.7% over the past year and last closed at Rs 720.00 on Sep 30, 2026.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.6 | -16.6 | +6.7 | +27.4 | -5.8 | -6.2 | -5.2 | +5.3 | -2.7 | +0.0 | +0.0 | +0.0 |
| 2025 | +25.3 | -6.2 | +0.9 | +1.1 | +12.9 | -4.4 | +6.9 | +59.5 | +7.0 | -7.0 | -4.6 | -4.1 |
| 2024 | -0.4 | -2.8 | +5.2 | +2.2 | +8.1 | +7.1 | -4.0 | -1.0 | +3.4 | +1.8 | +13.3 | +10.3 |
| 2023 | +2.6 | +0.4 | -1.4 | -5.1 | +3.5 | +2.2 | +3.6 | -2.0 | -1.5 | -7.3 | +2.0 | -4.2 |
| 2022 | +3.6 | -5.7 | -11.7 | -8.7 | +2.1 | -0.3 | +7.6 | +13.2 | -1.7 | -5.2 | +3.3 | -6.6 |
| 2021 | +26.0 | -27.4 | +13.1 | -4.3 | +3.6 | +1.9 | +3.3 | -3.8 | +0.5 | +3.3 | +0.2 | +2.3 |
| 2020 | -15.6 | -2.1 | -15.6 | +0.0 | +0.0 | -10.6 | +2.6 | +6.7 | +80.0 | -21.3 | +4.9 | +6.9 |
| 2019 | +0.6 | -4.0 | -3.6 | -5.0 | +17.8 | -9.5 | +4.8 | -1.1 | -4.2 | +10.6 | +4.5 | +20.4 |
| 2018 | +8.9 | +0.5 | -14.7 | +6.5 | +5.9 | -10.3 | +5.4 | -3.9 | -2.9 | +12.6 | -4.8 | -3.9 |
| 2017 | -3.9 | -5.8 | +2.4 | +8.9 | -5.3 | +0.0 | -5.9 | -4.9 | +0.0 | +0.5 | +17.9 | +0.0 |
| 2016 | +0.0 | -10.1 | -12.9 | +3.7 | -3.2 | -12.2 | -3.4 | -9.6 | -10.1 | -2.7 | +3.3 | -5.3 |
| 2015 | -2.4 | -1.2 | -12.0 | +15.1 | -3.3 | -0.2 | +0.0 | -1.2 | -5.0 | -1.3 | -6.7 | -1.4 |
| 2014 | -1.4 | +1.4 | +4.4 | +2.7 | +1.1 | +6.6 | +16.8 | -6.8 | +2.3 | -2.2 | +0.1 | -2.3 |
| 2013 | +2.8 | -2.4 | +0.0 | +1.2 | -0.8 | -1.5 | -4.6 | -12.0 | +6.8 | +0.0 | -5.1 | -5.4 |
| 2012 | +0.0 | +0.0 | +0.0 | +1.1 | -1.6 | +0.4 | -3.0 | -4.7 | +2.7 | -0.2 | +0.8 | -0.9 |
| Average | +3.2 | -5.9 | -2.8 | +3.3 | +2.5 | -2.5 | +1.7 | +2.2 | +5.0 | -1.3 | +2.1 | +0.4 |
| 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 | +0.3 | -3.4 | -0.7 | +1.7 | +1.6 | -0.3 | +2.6 | -2.0 | +0.0 | -0.8 | +1.4 | -1.9 |
| % up | 50% | 21% | 43% | 71% | 57% | 33% | 53% | 27% | 47% | 36% | 71% | 29% |
| Line | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | Rs 349.1B +7.8% | Rs 323.9B +16.9% | Rs 277.1B -16.1% | Rs 330.3B +93.5% | Rs 170.7B +48.6% | Rs 114.8B +8.4% | Rs 106.0B +9.1% | Rs 97.1B +21.6% |
| Operating profit | Rs 29.1B -45.0% | Rs 53.0B +11.6% | Rs 47.5B -16.7% | Rs 57.0B +112.0% | Rs 26.9B +31.4% | Rs 20.5B +230.7% | Rs 6.2B -42.5% | Rs 10.8B +6.7% |
| Net profit | Rs 18.4B -46.7% | Rs 34.5B +54.6% | Rs 22.3B -23.0% | Rs 29.0B +94.1% | Rs 14.9B +53.8% | Rs 9.7B turned profitable | Rs -2.5B fell into loss | Rs 908.3M -76.3% |
| EPS | 46.35 -47.8% | 88.82 +62.0% | 54.84 -21.5% | 69.87 +86.6% | 37.45 +52.6% | 24.55 | -7.78 | 0.48 -94.7% |
Compared with the same period a year earlier.
Per-share figures are as reported, not adjusted for splits.
| # | Company | Price | Mkt cap | P/E | P/B | EPS | ROE | Div Yield |
|---|---|---|---|---|---|---|---|---|
| 1 | JKH.N0000 | 18.70 | Rs 331.8B | 22.7 | 0.80 | 0.82 | 3.49% | 1.60% |
| 2 | MELS.N0000 | 185.00 | Rs 215.6B | 10.7 | 1.29 | 17.34 | 12.13% | 4.41% |
| 3 | HAYL.N0000 | 225.50 | Rs 179.3B | 12.1 | 1.52 | 18.71 | 13.67% | 2.66% |
| 4 | CARS.N0000 · this company | 720.00 | Rs 141.4B | 15.5 | 1.29 | 46.35 | 8.68% | 1.76% |
| 5 | CTHR.N0000 | 540.00 | Rs 108.8B | 13.9 | 2.91 | 38.92 | 20.99% | 2.82% |
| 6 | VONE.N0000 | 88.80 | Rs 101.1B | 7.2 | 0.81 | 12.27 | 11.20% | 1.69% |
| 7 | HHL.N0000 | 31.00 | Rs 92.9B | 10.7 | 1.66 | 2.89 | 15.53% | 3.23% |
| 8 | BUKI.N0000 · same group, not in the median | 846.00 | Rs 86.3B | 19.4 | 1.09 | 43.50 | 6.34% | 2.38% |
| Peer median · 6 companies | - | - | 11.4 | 1.41 | - | - | 2.74% |
Carson Cumberbatch PLC is a diversified regional holding company with businesses across agribusiness, food ingredients, beverages, asset management, leisure and real estate, operating primarily in South Asia and Southeast Asia. The Group’s principal activities include oil palm plantations and upstream palm oil production in Indonesia, oils and fats manufacturing in Malaysia, and beverage production and distribution in Sri Lanka with growing export sales across Africa, the Middle East and South Asia. Key named operations and brands cited in the annual report include Premium Vegetable Oils Sdn Bhd (Malaysia), the Lion Strong and Carlsberg Special Brew SKUs and an innovation brewery for small-batch production, as well as hotel operations such as Pegasus Reef Hotel and the formerly held Giritale Hotel. The Group also undertakes portfolio and asset management, investment holdings and management services, and maintains a real estate portfolio in Colombo. Per its CSE activity line, the Group's broader activities cover estate management, tea exporting, shipping, insurance, financial and corporate services, airline travel agents, importing and hotel operations.
June-quarter net profit fell 24.1% despite revenue growth. Carson's balance sheet and rising dividends offset, but do not remove, the earnings-pressure concern.
Read the full report (Sep 5, 2026) →Higher than 14% of its last 7 months · 8 of 9 in its sector
8 articles in 30 days: 0 positive, 7 negative, 1 neutral.
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.
Colombo Stock Exchange closed lower as the ASPI fell 0.60% (125.97 points) to 20,817.82 and the S&P SL20 dipped 0.20% to 5,908.66 amid subdued sentiment; market turnover was Rs 1.01bn. Top gainers included Lion Brewery, Carson Cumberbatch and Ambeon; losers included Overseas Realty, Singer, Dialog and Commercial Bank.
The Colombo bourse fell to a six-month low as the ASPI closed down 0.44% at 20,943.79 and turnover hit a year low of Rs. 596 million; foreign investors were net buyers of Rs. 7.9 million. Top negative contributors included CARS, DIAL, COMB, CINS and SEMB.
Colombo Stock Exchange closed lower with the ASPI down 0.39% to 20,955.56 and turnover at Rs595.97mn. Top contributors included Distilleries, Ceylon Tobacco, Laugfs Gas and Hayleys, while SMB Finance, Carson Cumberbatch, Sri Lanka Telecom and Dialog were among the laggards; ACL Cables announced a 60 cent interim dividend.
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.
CSE closed down 0.38% (ASPI −81.43 pts to 21,542.23) as heightened selling amid Middle East tensions and rising global oil prices weighed on sentiment; turnover topped Rs.1.4bn and foreigners were net buyers of Rs.13.6m. Top negatives were CINS, BREW, CARS, SAMP and JKH; insurance led turnover (23%).
Ceylon Investment (CINV.N0000) and Ceylon Guardian (GUAR.N0000) have delayed the start of their announced share repurchase offers from 2 Sept to 22 Sept; the combined buybacks are worth just over Rs.1.02 billion (Ceylon Investment ~Rs.365.9m; Ceylon Guardian ~Rs.659m across ordinary and deferred shares).
Colombo bourse edged up as the ASPI rose 0.03% to 21,325.64 on turnover of over Rs.1.2bn; banks led activity while geopolitical tensions and higher global oil prices weighed on sentiment and foreigners were net sellers of Rs.7.2m.
Colombo Stock Exchange closed marginally up, ASPI +0.03% at 21,325.64 on Rs1.28bn turnover; banks led turnover. Top contributors included Ceylinco Insurance, Haycarb, Dipped Products and National Development Bank, while Browns Investments, Carson Cumberbatch, Melstacorp and Hemas were laggards; Hunas announced a strategic partnership with Tokyo-based CCH Inc.
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.