Central Industries PLC

CIND.N0000Undervalued

Property & Construction · Building Products

Central Industries PLC manufactures and distributes plastic piping systems and related products, together with a range of electrical accessories.

CIND shares are down 1.2% over the past year and last closed at Rs 201.50 on Sep 30, 2026.

Rs 201.50
+0.00%
Price history
-1.23%

Monthly seasonality

Monthly total returns by year and calendar month
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026+10.2-6.4-20.2+10.1-0.8-2.0-5.2+0.0-5.3+0.0+0.0+0.0
2025+12.2-11.8-2.2+2.2+7.0-0.3+13.0+1.2+14.6+7.3-0.2+13.6
2024-2.5+10.5+17.6+22.9-7.9-7.2-6.0-11.0+19.8-0.2+0.0+30.6
2023+4.7+37.9-2.4-2.1+0.6+14.8+13.5+2.2-1.9-10.3-0.5-4.1
2022+6.2-18.5-44.5-36.5+1.5-22.5+19.9+19.4+31.3-23.0-4.0-13.4
2021+4.9-10.3-10.6+6.4+0.7+0.7+5.5-11.0-1.3+37.4+41.6+11.6
2020-6.5-5.0-32.3+0.0+0.0+14.7+11.2+11.1+8.9+8.2+58.5+19.4
2019-0.7-3.8+5.5-4.8+5.8+5.1+31.9+3.0-0.5+4.8+29.4-4.1
2018-3.5-1.0-2.7+1.3-8.0-15.8-5.8+2.4-10.8+1.9+8.9-2.0
2017-5.1-2.1-4.3+10.0-4.3+0.4+9.7-14.7-1.1+2.3-4.8+1.0
2016-4.1-12.6-11.8+22.1+1.9-0.9+9.5-8.2+0.6-6.7-3.0+2.1
2015-4.5+13.0-8.5+5.7+7.0-5.1+5.4+11.5-1.9+0.0+8.6+2.0
2014+6.1-0.5-2.7+5.6+0.5+3.1+2.2+20.8-2.9-0.1+13.6+1.2
2013-2.2-5.2-2.3+11.2+4.2-3.3-1.4-14.8-1.5+0.2-3.4-0.9
2012+0.0+0.0+0.0-7.1-2.9+6.2-2.1+10.5+4.7-7.8-2.9+1.5
Average+1.1-1.1-8.7+3.3+0.4-0.8+6.8+1.5+3.5+1.0+10.1+4.2
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-1.4-4.4-3.5+5.6+0.6-0.3+5.5+2.2-1.1+0.1-0.1+1.3
% up43%21%14%71%64%47%67%60%40%50%43%64%
P/E
7.0
P/B
0.99
EPS
Rs 28.83
Div Yield
2.98%
Market Cap
Rs 4.9B
Beta
0.52
ROE
14.1%
Op Margin
13.6% (+0.9pp)

Fundamentals

LineFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Revenue
Rs 6.6B
+23.6%
Rs 5.3B
+22.9%
Rs 4.3B
-0.3%
Rs 4.3B
-35.6%
Rs 6.7B
+63.3%
Rs 4.1B
+29.6%
Rs 3.2B
+14.9%
Rs 2.8B
+21.8%
Operating profit
Rs 845.6M
+30.4%
Rs 648.7M
-8.6%
Rs 710.0M
-36.9%
Rs 1.1B
+8.5%
Rs 1.0B
+122.2%
Rs 466.3M
+61.7%
Rs 288.4M
+43.9%
Rs 200.3M
+46.6%
Net profit
Rs 651.1M
+18.8%
Rs 547.9M
-15.7%
Rs 649.9M
+1.1%
Rs 643.2M
+28.1%
Rs 502.1M
+24.6%
Rs 403.1M
+107.9%
Rs 193.9M
+49.7%
Rs 129.5M
+55.5%
EPS
26.91
+18.9%
22.64
-15.7%
26.86
-2.0%
27.41
+19.0%
23.04
+18.3%
19.48
+98.6%
9.81
+49.8%
6.55
+55.6%

Compared with the same period a year earlier.

Per-share figures are as reported, not adjusted for splits.

Recent dividends

  • 2026 · finalRs 6.00
  • 2025 · finalRs 6.00
  • 2024 · finalRs 6.00
  • 2023 · finalRs 3.00
  • 2023Rs 6.00
  • 2021 · first and finalRs 2.00
  • 2021Rs 2.00
  • 2020 · finalRs 2.00
Peer comparison3 peers in Property & Construction
P/E
14.0
P/B
1.10
ROE
7.88%
Yield
3.10%
ALUM.N0000
Rs 15.90
P/E
9.6
P/B
1.77
ROE
18.44%
Yield
2.96%
CIND.N0000 · this company
Rs 201.50
P/E
7.0
P/B
0.99
ROE
14.14%
Yield
2.98%
P/E
9.5
P/B
0.82
ROE
8.65%
Yield
3.39%
Peer median · 3 companies
P/E 9.6P/B 1.10Yield 3.10%

About Central Industries PLC

Central Industries PLC manufactures and distributes plastic piping systems and related products, together with a range of electrical accessories. Its product offering includes PVC and PE (HDPE) pipes and fittings, solvent cement and electrical items produced for both retail and institutional customers. The Company markets products under the National PVC and National PE brands for plumbing, water supply and agricultural applications, and under the Krypton brand for electrical accessories; its primary markets include the National Water Supply and Drainage Board, the building and construction sector, agriculture and horticulture, and a nationwide network of hardware and electrical dealers. Operations are supported by centralised procurement of imported raw materials (including PVC and HDPE resins), manufacturing facilities, warehousing, logistics and a widespread dealer/distributor network providing island-wide presence across Sri Lanka.

AI analysis

bullish

Central Industries is delivering strong operational growth, with June revenue up 33.8% and margins among its best comparable quarters. The main weakness is that only 0.48x of twelve-month operating profit converted to cash.

Read the full report (Aug 12, 2026) →

News sentiment

Describes news flow, not a forecast
Last 30 days
Not enough news to read

No scored news in the last 30 days.

24 months positive negative 3-month net
May 25: 1 articles, net +1.00Jun 24Oct 24Feb 25Jun 25Oct 25Feb 26
Recent news
View all news →
EconomyNext·Jul 27, 2026·Market commentaryPositive
Stocks up on Monday midday, capital goods lead turnover

Colombo Stock Exchange ASPI rose 0.57% (up 120.83 pts) to 21,293.57 at midday, with market turnover LKR 264 million and capital goods leading turnover at LKR 80.9 million. Ceylon Cold Stores reported June-quarter profit of LKR 1.063 billion, down 3% year-on-year.

Daily FT·Jun 25, 2026·Market commentary
CSE ends down 0.22% on weak sentiment

Colombo market fell 0.22% as the ASPI closed at 22,208.58 with turnover near Rs.1.2bn and foreign net outflows of Rs.130.6m. Main negative contributors included SAMP, JKH, LOFC, GRAN and RICH, while SPEN, BOGA and HAYC recorded gains.

EconomyNext·May 21, 2026·Market commentaryPositive
Sri Lanka stocks up in midday trading, banks lead turnover

Colombo Stock Exchange rose with ASPI up 0.75% (164.01 pts) to 21,953.06 and S&P SL20 up 0.71% to 6,076.69; market turnover was LKR 1.014 billion, led by banks (LKR 296.2m). Central Industries declared a final dividend of LKR 6.00/share and its shares were up 3.21% at LKR 224.75.

Daily FT·Oct 1, 2025·Market commentary
CSE closes up, extends rally to 11 sessions

Colombo Stock Exchange extended its rally into an 11th session as the ASPI rose 0.47% (102.30 pts) to 21,778.60 with turnover of Rs. 6.27 billion and foreign net outflows of Rs. 362.2 million. Top contributors included DIMO, BUKI, CCS, MELS, WATA and SUN, with gains also in CHOT and PKME.

Consumer Staples (FMCG)
Daily FT·Sep 2, 2025·Management or board change
Central Industries appoints new Chairman, Non-Executive Directors

Central Industries PLC appointed C.S. Hettiarachchi as Non-Executive Chairman and Thilini Wathsala Weerasinghe and Dushan Virantha as Non-Executive Directors. Weerasinghe and Virantha hold senior roles at Central Finance Company PLC and Hettiarachchi is also a director of Tea Smallholder Factories PLC.

Daily FT·Jul 16, 2025·Market commentaryPositive
Colombo stock market remains up with second day of over Rs. 9 b turnover

ASPI gained about 108 points to 18,946 on Rs. 9.1 billion turnover, led by the Capital Goods sector; John Keells, Commercial Bank, Access Engineering, Hayleys and LOLC were top contributors and banking names including HNB and Sampath also recorded gains.

Property & Construction sector: what is happening

Last 14 days to Sep 30, 2026

Property and construction faced a mixed policy backdrop: the proposed property tax was deferred from the 2027 Budget, while TIN certification becomes mandatory from 1 November for building-plan approvals and land registration, adding a compliance step to transactions. Public construction activity progressed through the Muthurajawela fuel-terminal contract and planned hospital infrastructure projects. Construction services exports fell in August.

Auto-generated from 12 sector news articles over 14 days. Not investment advice.