Colombo stock market ended the week marginally lower (ASPI down 0.09% to 21,037.35) with subdued investor sentiment ahead of next Wednesday's Central Bank Monetary Policy announcement; market turnover was below Rs.815m and foreign investors were net sellers of Rs.193.3m.
Diversified Holdings · Industrial Conglomerates
CIC Holdings PLC is a diversified Colombo Stock Exchange listed conglomerate engaged in merchandising and manufacturing across agriculture, livestock, healthcare and industrial sectors.
CIC shares are down 17.4% over the past year and last closed at Rs 27.80 on Sep 30, 2026.
Monthly seasonality
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +5.7 | -8.4 | -11.3 | +8.7 | +1.5 | -6.1 | -6.5 | -0.3 | -3.8 | +0.0 | +0.0 | +0.0 |
| 2025 | +23.4 | +4.5 | -2.1 | -2.3 | +4.3 | +5.4 | +5.9 | +6.7 | +17.0 | -1.2 | +1.2 | +3.3 |
| 2024 | -4.7 | +1.8 | +13.5 | +13.5 | -3.7 | -2.1 | -11.1 | +0.0 | +11.9 | +9.1 | -4.6 | +20.5 |
| 2023 | -4.7 | -8.0 | -3.9 | -6.4 | -10.4 | +12.5 | +7.3 | -3.2 | +9.0 | -10.1 | -1.0 | -5.9 |
| 2022 | -3.1 | -21.4 | -26.3 | -6.8 | -1.5 | +7.2 | +14.8 | +77.2 | +20.1 | +6.2 | -1.4 | -7.4 |
| 2021 | +33.1 | -2.8 | -13.9 | +1.0 | -13.3 | +16.0 | +0.6 | -12.8 | -0.7 | +16.7 | +2.4 | +19.5 |
| 2020 | -8.3 | -9.1 | -31.8 | +0.0 | +0.0 | +18.9 | +33.6 | -1.7 | +22.7 | +28.2 | +30.9 | +17.5 |
| 2019 | +6.3 | -5.9 | -3.7 | -1.3 | -0.5 | +13.8 | +20.9 | +8.7 | +1.8 | -2.6 | +7.1 | +0.0 |
| 2018 | +1.6 | -7.9 | +1.6 | +1.7 | -14.9 | +1.2 | -3.5 | -4.6 | -13.7 | -4.9 | +0.5 | +2.0 |
| 2017 | +0.0 | -4.4 | -3.6 | +2.7 | -3.6 | -7.2 | +1.1 | -15.5 | +14.5 | -8.6 | -11.8 | +3.3 |
| 2016 | -4.3 | +2.1 | -3.1 | +7.4 | -7.8 | +11.7 | -10.5 | +3.7 | +5.6 | -2.9 | -10.0 | +0.0 |
| 2015 | +0.0 | -1.2 | -9.5 | +6.6 | +2.8 | +3.2 | +26.7 | -2.8 | +3.7 | -5.4 | -7.6 | +4.4 |
| 2014 | +7.7 | -9.9 | -2.2 | +13.2 | -2.5 | +5.2 | +25.9 | +1.7 | +25.7 | -1.3 | -0.5 | +1.8 |
| 2013 | +0.8 | -6.3 | +0.5 | -1.6 | +25.0 | -9.3 | -11.8 | +0.0 | -10.0 | +5.2 | -12.1 | -4.0 |
| 2012 | +0.0 | +0.0 | +0.0 | +4.6 | -10.0 | -5.7 | -10.5 | -6.3 | +17.3 | -8.0 | -18.0 | +2.1 |
| Average | +3.8 | -5.5 | -6.8 | +2.9 | -2.5 | +4.3 | +5.5 | +3.4 | +8.1 | +1.5 | -1.8 | +4.1 |
| 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 | +0.4 | -6.1 | -3.7 | +2.2 | -3.1 | +5.2 | +1.1 | -0.3 | +9.0 | -2.0 | -1.2 | +2.1 |
| % up | 50% | 21% | 21% | 64% | 29% | 67% | 60% | 33% | 73% | 36% | 36% | 64% |
Fundamentals
| Line | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | Rs 91.8B +10.2% | Rs 83.3B +9.0% | Rs 76.4B +11.9% | Rs 68.3B +63.5% | Rs 41.8B +12.2% | Rs 37.2B +21.9% | Rs 30.5B -0.7% | Rs 30.7B -4.1% |
| Operating profit | Rs 11.9B +14.0% | Rs 10.4B -2.2% | Rs 10.7B -36.6% | Rs 16.8B +139.6% | Rs 7.0B +30.3% | Rs 5.4B +69.3% | Rs 3.2B +52.1% | Rs 2.1B +15.0% |
| Net profit | Rs 8.3B +24.5% | Rs 6.6B -39.9% | Rs 11.0B +9.6% | Rs 10.1B +131.3% | Rs 4.3B +13.0% | Rs 3.8B +256.3% | Rs 1.1B +136.0% | Rs 457.3M turned profitable |
| EPS | 3.64 -74.7% | 14.36 -44.1% | 25.70 +24.9% | 20.58 +111.7% | 9.72 +17.7% | 8.26 -6.0% | 8.79 +72.4% | 5.10 |
Compared with the same period a year earlier.
Per-share figures are as reported, not adjusted for splits.
Recent dividends
- 2026 · finalRs 0.50
- 2025 · finalRs 2.50
- 2024 · finalRs 2.50
- 2023 · finalRs 2.50
- 2022 · finalRs 1.00
- 2022Rs 1.00
- 2021 · finalRs 1.25
- 2021 · first interimRs 1.00
| # | Company | Price | Mkt cap | P/E | P/B | EPS | ROE | Div Yield |
|---|---|---|---|---|---|---|---|---|
| 1 | BIL.N0000 | 4.90 | Rs 70.4B | - | 0.38 | -1.52 | -12.34% | 0.00% |
| 2 | SUN.N0000 | 28.80 | Rs 56.7B | 21.0 | 2.92 | 1.37 | 13.96% | 6.25% |
| 3 | SPEN.N0000 | 137.50 | Rs 55.8B | 7.2 | 0.61 | 19.00 | 8.50% | 2.91% |
| 4 | RICH.N0000 | 25.30 | Rs 51.5B | 21.3 | 1.84 | 1.19 | 8.64% | 5.93% |
| 5 | GREG.N0000 | 35.60 | Rs 50.8B | 25.6 | 4.32 | 1.39 | 25.42% | 6.85% |
| 6 | CIC.N0000 · this company | 27.80 | Rs 50.5B | 7.6 | 1.10 | 3.64 | 15.02% | 1.80% |
| 7 | BRWN.N0000 | 128.00 | Rs 27.2B | - | 0.24 | -73.95 | -13.85% | 0.00% |
| Peer median · 6 companies | - | - | 21.1 | 1.23 | - | - | 4.42% |
About CIC Holdings PLC
CIC Holdings PLC is a diversified Colombo Stock Exchange listed conglomerate engaged in merchandising and manufacturing across agriculture, livestock, healthcare and industrial sectors. Its activities include crop protection solutions, fertilisers, seeds, agri machineries, dairy, an agri retail chain, rice, feeds, livestock products, pharmaceuticals, homecare and consumer goods, ayurvedic pharmaceuticals and herbal cosmetics, packaging, industrial chemicals, woven gloves and paints. The Group operates through five strategic clusters, Crop Solutions, Agri Produce, Livestock Solutions, Industrial Solutions and Health & Personal Care, delivering integrated, innovation-driven products and services across Sri Lanka’s agricultural, industrial and healthcare value chains; selected businesses support exports, notably Link Natural Products (Pvt) Ltd, and the Group has had subsidiaries such as Chemanex PLC. CIC emphasises research and development, technology adoption and sustainability across its operations. Operations are concentrated across Sri Lanka with a growing presence in export markets, and the Group positions itself as a supply-chain partner linking rural communities to economic activity while providing branded and value-added processed offerings.
AI analysis
bullishAt 7.86x P/E with operating performance improving, CIC looks mispriced. Profit rose in the June quarter while the share slipped over three months, making the next print the test.
Read the full report (Aug 6, 2026) →News sentiment
Describes news flow, not a forecast1 article in 30 days: 0 positive, 1 negative, 0 neutral.
Colombo bourse ended a two-session recovery as rising global oil prices hit sentiment: ASPI fell 0.09% to 21,066.89 and S&P SL20 fell 0.08% to 5,942.78. Turnover was over Rs 1.3bn, foreigners were net sellers of Rs 162.4m; top decliners were DIAL, CINS, RICH, CIC and DIST.
CIC Holdings PLC reported 1QFY27 consolidated revenue of Rs.22.03 billion and profit attributable to equity holders of Rs.1.51 billion, up 2.74% and 23.24% YoY respectively. Group assets surpassed Rs.100 billion and stronger performances in Livestock, Industrial and Health & Personal Care supported the earnings improvement.
CIC Holdings (CIC.N0000) reported profit attributable to equity holders of Rs. 1.51 bn in 1QFY27, up 23.24% YoY, with group PAT of Rs. 1.81 bn (+19.69%) on consolidated revenue of Rs. 22.03 bn (+2.74% YoY); total assets exceeded Rs. 100.14 bn.
The Exporters Association of Sri Lanka elected Nalaka Ratnayake as Chairperson at its 29th AGM; the new Executive Committee includes representatives from CIC Holdings, Hayleys, Dipped Products, Hatton National Bank, Sampath Bank and Lion Brewery. Speakers urged faster trade digitalisation, lower export costs and improved logistics to boost competitiveness.
The Sri Lanka Corporate Director Summit 2026 will be held on 22 July 2026 at the Cinnamon Grand Colombo under the theme 'Future-Ready Sri Lankan Directors: From Compliance to Sustainable Growth.' Key speakers include Kalpana Morparia and local governance leaders such as Dr. Harsha Cabral (Chairman, Tokyo Cement) and Harsha Amarasekera (Chairman, CIC Holdings and Sampath Bank).
Colombo Stock Exchange fell for a sixth straight session as the ASPI dropped 0.54% to 21,962.30. Turnover exceeded Rs.1.5bn with foreigners net sellers of Rs.185m; major drags included Melstacorp, John Keells, Carson Cumberbatch and CIC Holdings, while Access Engineering and Chevron Lubricants featured among top contributors.
ASPI fell 118.35 points to 21,962.30, slipping below 22,000, while the S&P SL20 dropped 31.55 points to 6,135.50, led by declines in heavyweights such as Dialog Axiata and Melstacorp; banking stocks (NDB, HNB, Sampath) also recorded losses. Market turnover was LKR 1.53 billion, with JKH crossings contributing LKR 264 million.
Colombo market opened down 0.65% as the ASPI fell 146.53 points to 22,263.28 with turnover over Rs.1.7bn and foreign net outflow of Rs.466.1m; Windforce, CIC and Hayleys were main negative contributors while Windforce, Colombo Dockyard and Sathosa Motors led turnover.
Colombo bourse finished the week higher, with the ASPI up 0.21% and the S&P SL20 up 0.51%; yesterday ASPI closed at 22,409.81 and the S&P SL20 at 6,247.42. Turnover topped Rs.1.9bn with foreign net inflow of Rs.9.3m; COCR, PKME and SIL led turnover while ACL fell and Hayleys, HNB Finance, Lanka Realty and CIC posted gains.