CSE filing·May 26, 2026
Final Dividend of Rupees Two and Fifty cents (Rs.2.50) Per shareDividend · Rs 2.50 · XD Jul 1, 2026
Final dividend of LKR 2.5/share; XD 2026-07-01; record 2026-07-01; payable 2026-07-20; FY ended 31st March 2026
Manufacturing · Chemicals: Specialty
Chemanex PLC is a Sri Lanka-based supplier of industrial raw materials and technical chemical solutions to manufacturing and allied sectors.
CHMX shares are down 15.0% over the past year and last closed at Rs 153.00 on Sep 30, 2026.
Rs 153.00
+1.66%Price history
-15.00%
Monthly seasonality
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +8.4 | -2.3 | -4.4 | +0.0 | +0.6 | -5.9 | -1.2 | +3.2 | -6.1 | +0.0 | +0.0 | +0.0 |
| 2025 | -10.5 | +6.3 | -9.4 | -4.9 | +2.4 | +6.7 | +5.4 | +16.5 | -4.7 | -7.1 | -0.6 | -0.6 |
| 2024 | -2.3 | +3.0 | +4.5 | +14.4 | +7.9 | -2.2 | -9.2 | -3.7 | +7.8 | +9.8 | +1.6 | +95.6 |
| 2023 | +11.0 | -6.9 | +4.8 | -7.8 | -6.2 | +10.2 | +19.6 | -4.5 | -3.5 | +0.6 | -11.3 | -6.3 |
| 2022 | +32.3 | -16.7 | -14.0 | -21.4 | +3.7 | -18.9 | +11.1 | +63.5 | -2.1 | -14.7 | +6.5 | -9.9 |
| 2021 | +8.7 | -23.2 | +0.5 | -3.3 | -1.4 | +10.8 | -0.8 | -5.9 | -2.0 | +13.4 | -9.4 | +5.3 |
| 2020 | -1.0 | +0.0 | +0.0 | +0.0 | +0.0 | +27.4 | -8.8 | +13.0 | +23.9 | -5.0 | +29.5 | +4.5 |
| 2019 | +9.4 | -4.9 | +13.5 | -9.5 | -6.6 | +10.2 | +5.5 | -6.6 | +8.7 | +5.3 | -3.4 | -2.3 |
| 2018 | -1.7 | +20.6 | +2.4 | +0.0 | +0.0 | -3.5 | -12.4 | -2.5 | +0.0 | +0.0 | -3.8 | +0.0 |
| 2017 | +0.2 | -5.7 | -2.8 | +18.0 | -1.4 | -7.8 | +6.8 | -11.1 | -1.8 | +2.9 | -5.3 | -2.4 |
| 2016 | -4.3 | -3.7 | -2.3 | -4.6 | +4.8 | +3.2 | -0.8 | +2.9 | -2.9 | -7.0 | -1.7 | +1.5 |
| 2015 | +5.0 | -1.2 | -9.6 | +1.3 | -6.7 | +0.1 | +9.9 | +7.2 | -10.3 | -2.0 | -4.8 | +0.0 |
| 2014 | +1.3 | -10.6 | +6.4 | -12.0 | -4.3 | +2.9 | +23.9 | +2.3 | +3.7 | -10.0 | +0.0 | -4.8 |
| 2013 | +10.9 | -13.5 | +2.8 | +2.7 | +17.1 | -8.0 | -18.3 | +10.6 | +0.0 | +15.0 | -6.0 | +6.3 |
| 2012 | +0.0 | +0.0 | +0.0 | -1.5 | -35.0 | +35.4 | -17.6 | -2.1 | +40.4 | -19.8 | -8.5 | +2.5 |
| Average | +4.8 | -4.5 | -0.6 | -2.2 | -1.9 | +4.0 | +0.9 | +5.5 | +3.6 | -1.4 | -1.2 | +6.4 |
| 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 | +3.1 | -4.9 | +0.5 | -3.3 | -1.4 | +2.9 | -0.8 | +2.3 | -1.9 | -2.0 | -3.6 | +0.0 |
| % up | 64% | 23% | 54% | 31% | 46% | 60% | 47% | 53% | 36% | 46% | 21% | 43% |
P/E
12.0
P/B
0.54
EPS
Rs 12.70
Div Yield
1.63%
Market Cap
Rs 2.5B
Beta
1.14
ROE
4.5%
Op Margin
32.4% (+13.1pp)
Fundamentals
| Line | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | Rs 1.1B +25.1% | Rs 873.5M +10.7% | Rs 789.0M -25.8% | Rs 1.1B +66.3% | Rs 639.7M +44.9% | Rs 441.4M +11.5% | Rs 395.9M -14.0% | Rs 460.0M -36.4% |
| Operating profit | Rs 224.5M +27.4% | Rs 176.2M +15.1% | Rs 153.0M -50.2% | Rs 307.0M +115.1% | Rs 142.7M +105.9% | Rs 69.3M -63.2% | Rs 188.5M +303.9% | Rs 46.7M -85.7% |
| Net profit | Rs 163.2M +37.6% | Rs 118.6M +6.5% | Rs 111.3M -37.3% | Rs 177.6M +58.8% | Rs 111.8M +375.2% | Rs 23.5M -89.7% | Rs 229.3M +88.6% | Rs 121.6M -47.1% |
| EPS | 10.11 +33.9% | 7.55 +6.5% | 7.09 -37.3% | 11.31 +58.9% | 7.12 +374.7% | 1.50 -89.7% | 14.58 +92.4% | 7.58 -53.9% |
Compared with the same period a year earlier.
Per-share figures are as reported, not adjusted for splits.
Recent dividends
- 2026 · finalRs 2.50
- 2025 · finalRs 2.50
- 2025Rs 5.00
- 2024 · finalRs 2.50
- 2023 · finalRs 2.50
- 2022 · finalRs 2.00
- 2021 · finalRs 1.00
- 2020 · finalRs 2.00
Peer comparison5 peers in Manufacturing
| # | Company | Price | Mkt cap | P/E | P/B | EPS | ROE | Div Yield |
|---|---|---|---|---|---|---|---|---|
| 1 | HAYC.N0000 | 210.25 | Rs 62.5B | 14.9 | 2.02 | 14.13 | 13.60% | 2.05% |
| 2 | LLUB.N0000 | 206.00 | Rs 49.4B | 10.4 | 5.01 | 19.72 | 47.93% | 5.83% |
| 3 | JAT.N0000 | 32.50 | Rs 17.0B | 11.2 | 1.38 | 2.89 | 12.33% | 3.57% |
| 4 | APLA.N0000 | 159.00 | Rs 6.7B | 8.4 | 1.42 | 18.94 | 19.77% | 2.36% |
| 5 | UCAR.N0000 | 2,299.75 | Rs 3.4B | 12.2 | 2.29 | 188.81 | 18.77% | 3.57% |
| 6 | CHMX.N0000 · this company | 153.00 | Rs 2.5B | 12.0 | 0.54 | 12.70 | 4.46% | 1.63% |
| Peer median · 5 companies | - | - | 11.2 | 2.02 | - | - | 3.57% |
HAYC.N0000
Rs 210.25
P/E
14.9
P/B
2.02
ROE
13.60%
Yield
2.05%
LLUB.N0000
Rs 206.00
P/E
10.4
P/B
5.01
ROE
47.93%
Yield
5.83%
JAT.N0000
Rs 32.50
P/E
11.2
P/B
1.38
ROE
12.33%
Yield
3.57%
APLA.N0000
Rs 159.00
P/E
8.4
P/B
1.42
ROE
19.77%
Yield
2.36%
UCAR.N0000
Rs 2,299.75
P/E
12.2
P/B
2.29
ROE
18.77%
Yield
3.57%
CHMX.N0000 · this company
Rs 153.00
P/E
12.0
P/B
0.54
ROE
4.46%
Yield
1.63%
Peer median · 5 companies
P/E 11.2P/B 2.02Yield 3.57%
About Chemanex Plc
Chemanex PLC is a Sri Lanka-based supplier of industrial raw materials and technical chemical solutions to manufacturing and allied sectors. Its activities include manufacturing and marketing of textile auxiliaries, pigments, emulsions, polythene and agro-based products, importing chemicals and acting as consignment sales agents. The company operates a distribution-led, technically oriented model focused on specialised, performance-oriented chemical products and deep customer engagement across multiple end-markets; it sources from international suppliers and provides technical advisory and formulation support to industrial clients. Beyond its core distribution business, Chemanex manages a portfolio of strategic investments, including interests in Rainforest Ecolodge and CIC Feeds Pvt Ltd, and holds listed equity investments, while obtaining certain back-office services on an arm’s-length basis from CIC Holdings PLC. Operations are primarily conducted in Sri Lanka across segments such as rubber and latex, paints and coatings, food additives, industrial engineering and home care, and estate chemicals, with an emphasis on supplier partnerships and technical support to customers.
AI analysis
bullishChemanex delivered its strongest quarterly margins in the available group history, while trading at the sector's cheapest P/B percentile. The main tension is that profit growth has not converted into operating cash.
Read the full report (Aug 8, 2026) →News sentiment
Describes news flow, not a forecastLast 30 days
Not enough news to read
No scored news in the last 30 days.
24 months positive negative 3-month net
Recent news
Daily FT·Jan 22, 2026·Management or board change
Dr. Anura Ekanayake appointed Chemanex Chairman, Waruna Madawanarachchi appointed to BoardChemanex PLC appointed Dr. Anura Ekanayake as Chairman and Waruna Madawanarachchi as a Non‑Independent, Non‑Executive Director. Ekanayake, on the board since 29 Aug 2016, is a former senior public servant and Unilever executive; Madawanarachchi is a senior agribusiness leader and MD of CIC Agri Cluster.
CSE filing·Jan 20, 2026
Corporate Disclosure - Chemanex PLCCSE filing·Jun 18, 2025Positive
Further Announcement to the Notice of Meeting & Circular to Shareholders - 2CSE filing·Jun 17, 2025Negative
Scrip dividendDividend · 1:35.294118 at Rs 66,756,076.00 · XD Jul 1, 2025
Dividend; XD 2025-07-01; record 2025-07-01; payable 2025-07-09; FY 31st March 2025
CSE filing·Jun 3, 2025
The financial statements have been published on the CSE website. Please note the below trading sessions for CHMX.N0000. Auction session will be from 9.40 a.m to 9.55 a.m. Regular Trading session will commence at 9.55 a.m.CSE filing·Jun 3, 2025
Please note that trading of CHMX.N0000 has been halted pending financial statements.CSE filing·May 27, 2025Positive
Further Announcement on Scrip Dividend announced on 26th May 2025Dividend · Rs 5.00
Dividend of LKR 5/share; FY 31st March 2025
CSE filing·May 27, 2025
The disclosure has been published on the CSE website. Please note the below trading sessions for CHMX.N0000. Auction session will be from 10.20 a.m to 10.35 a.m . Regular Trading session will commence at 10.35 a.m.CSE filing·May 27, 2025Positive
Scrip Dividend of Rs.5/- per share for the Year ended 31st March 2025Dividend · Rs 5.00
Dividend of LKR 5/share; FY 31st March 2025
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.