CIC Holdings PLC

CIC.N0000Moderately undervalued

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.

Voting
Rs 27.80
-0.36%
Price history
-17.38%

Monthly seasonality

Monthly total returns by year and calendar month
YearJanFebMarAprMayJunJulAugSepOctNovDec
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
% up50%21%21%64%29%67%60%33%73%36%36%64%
P/E
7.6
P/B
1.10
EPS
Rs 3.64
Div Yield
1.80%
Market Cap
Rs 50.5B
Beta
1.00
ROE
15.0%
Op Margin
14.5% (+1.6pp)

Fundamentals

LineFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
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
Peer comparison6 peers in Diversified Holdings
Rs 4.90
P/E
-
P/B
0.38
ROE
-12.34%
Yield
0.00%
Rs 28.80
P/E
21.0
P/B
2.92
ROE
13.96%
Yield
6.25%
Rs 137.50
P/E
7.2
P/B
0.61
ROE
8.50%
Yield
2.91%
Rs 25.30
P/E
21.3
P/B
1.84
ROE
8.64%
Yield
5.93%
Rs 35.60
P/E
25.6
P/B
4.32
ROE
25.42%
Yield
6.85%
CIC.N0000 · this company
Rs 27.80
P/E
7.6
P/B
1.10
ROE
15.02%
Yield
1.80%
Rs 128.00
P/E
-
P/B
0.24
ROE
-13.85%
Yield
0.00%
Peer median · 6 companies
P/E 21.1P/B 1.23Yield 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

bullish

At 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 forecast
Last 30 days
Not enough news to read

1 article in 30 days: 0 positive, 1 negative, 0 neutral.

24 months positive negative 3-month net
Oct 24: 4 articles, net -0.13Dec 24: 2 articles, net +0.00Jan 25: 4 articles, net +0.06Apr 25: 1 articles, net +1.00May 25: 1 articles, net -1.00Jun 25: 2 articles, net +1.00Aug 25: 3 articles, net +0.67Oct 25: 1 articles, net +1.00Nov 25: 3 articles, net +0.91Jan 26: 1 articles, net +1.00Feb 26: 3 articles, net +0.67May 26: 2 articles, net -0.83Jun 26: 4 articles, net +0.94Jul 26: 3 articles, net -1.00Aug 26: 2 articles, net +1.00Sep 26: 1 articles, net -1.00Oct 24Feb 25Jun 25Oct 25Feb 26Jun 26
Recent news
View all news →
Daily FT·Sep 26, 2026·Market commentaryNegative
CSE edges down 0.1% during week, ends in red

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.

Interest Rates
Daily FT·Sep 25, 2026·Market commentaryNegative
CSE ends two-session rally on rising oil prices

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.

Fuel & Energy Prices
Daily FT·Aug 4, 2026·Earnings & resultsPositive
CIC Holdings reports strong 20% profit growth in 1Q, group assets exceed Rs. 100 b

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.

Consumer Staples (FMCG)Healthcare & Pharma
Daily FT·Jul 20, 2026·Management or board change
Exporters Association of Sri Lanka elects new leadership at 29th Annual General Meeting

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.

ExportersIT & Digital
Daily FT·Jul 17, 2026·Award or certification
Global banking, governance and regulatory to headline Sri Lanka Corporate Director Summit 2026

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).

Daily FT·Jul 8, 2026·Market commentaryNegative
CSE extends losses into sixth session, falls below 22,000 points

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.

Ada Derana·Jul 7, 2026·Market commentaryNegative
Colombo Stock Market Slumps Below 22,000 Mark

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.

Daily FT·Jul 1, 2026·Market commentaryNegative
CSE opens week down 0.65%

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.

Daily FT·Jun 27, 2026·Market commentaryPositive
CSE up 0.21% during week

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.