EquityLK

Hikkaduwa Beach Resort PLC

CITH.N0000Moderately overvalued

Hotels & Tourism · Hotels/Resorts/Cruise lines

Hikkaduwa Beach Resort PLC is a Sri Lanka-based hospitality company operating resort and hotel properties in the Hikkaduwa coastal area. Its operations focus on accommodation, food & beverage outlets, event facilities and experience-led tourism targeted at leisure travellers.

CITH shares are up 28.6% over the past year and last closed at Rs 4.50 on Sep 30, 2026.

Rs 4.50
+0.00%
Price history
+28.57%

Monthly seasonality

Monthly total returns by year and calendar month
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026+2.4+4.8-15.9+64.9-8.2-5.4-13.2+2.2+0.0+0.0+0.0+0.0
2025+2.9-5.6-2.9+3.0-5.9+6.3+0.0+8.8-5.4+0.0+20.0-2.4
2024-25.0+7.7+11.9+8.6-10.6+7.1-11.1-7.5+13.5-16.7+2.9-2.8
2023+0.0-2.0+4.1+2.0-3.8+0.0+6.0+13.2-8.3-3.6-5.7+4.0
2022+1.4-8.6-6.3-23.3+0.0+8.7-2.0+32.7-12.3-3.5+9.1-16.7
2021+3.4-14.8+1.9-9.4-2.1+17.0+3.6-1.8+19.6+3.0-11.6+13.1
2020-9.1-8.3-45.5+0.0+0.0+7.1+40.0-7.9+0.0-10.3+5.8+7.3
2019-5.1-8.1+11.8-15.8-6.2+3.3+35.5+0.0-4.8+77.5+1.4-8.3
2018-3.6-24.5-5.0+0.0-5.3-9.7-13.8-10.7-6.0+10.6-23.1-2.5
2017+0.0+0.0-2.9+12.9+3.4+3.9+0.0-10.6-2.1+0.7-12.1-11.3
2016+0.0+0.0-1.3+11.5+1.2-6.0-5.7-2.7+11.1-15.0-4.4-0.8
2015+2.8-2.7-2.8+9.1-8.4+0.0-6.9-7.4-4.0+0.7+14.4-10.2
2014-0.5-8.7-6.0+1.1-15.3+13.0+5.5+8.3-3.8-1.5-3.0-5.8
2013-11.8-9.0-5.8+12.8+37.9-8.9-17.6-5.7-12.6+13.9+11.2+0.5
2012+0.0+0.0+0.0+0.0+0.0+0.0+0.0+0.0+0.0+0.0+0.0+0.0
Average-3.5-6.7-4.6+5.9-1.8+2.6+1.4+0.8-1.1+4.3+0.4-2.8
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-0.2-8.2-2.9+3.0-5.3+3.6-1.0-2.2-3.9+0.0+1.4-2.5
% up42%17%29%69%23%57%36%36%21%46%54%31%
P/E
1,323.5
P/B
0.53
EPS
Rs 0.00
Div Yield
0.00%
Market Cap
Rs 2.4B
Beta
0.62
ROE
-0.3%
Op Margin
-94.8% (-87.2pp)

Fundamentals

LineFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Revenue
Rs 1.9B
+3.4%
Rs 1.8B
+9.8%
Rs 1.7B
+37.9%
Rs 1.2B
+105.6%
Rs 583.5M
+69.4%
Rs 344.4M
-63.2%
Rs 936.5M
-19.7%
Rs 1.2B
+188.9%
Operating profit
Rs 116.3M
-42.9%
Rs 203.8M
Rs -5.5M
Rs -132.8M
Rs -195.4M
Rs -281.0M
Rs -19.4M
Rs 136.6M
+93.3%
Net profit
Rs -97.4M
loss narrowed
Rs -186.9M
loss narrowed
Rs -662.7M
loss narrowed
Rs -1.3B
loss widened
Rs -377.5M
loss narrowed
Rs -518.3M
loss widened
Rs -310.6M
loss widened
Rs -208.7M
loss widened
EPS
-0.03
-0.31
-2.08
-4.03
-1.16
-1.72
-1.11
-0.96

Compared with the same period a year earlier.

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

Recent dividends

  • 2017Rs 0.09
  • 2016Rs 0.10
  • 2015Rs 0.12
  • 2014Rs 0.12
  • 2014Rs 0.12
Peer comparison10 peers in Hotels & Tourism
Sector overview Open in screener
1Eden Hotel Lanka Plc
EDEN.N0000
Rs 9.30
P/E
-
P/B
0.86
ROE
-10.65%
Yield
0.00%
2Lighthouse Hotel PLC
LHL.N0000
Rs 62.10
P/E
13.8
P/B
0.91
ROE
6.27%
Yield
4.83%
3Dolphin Hotels PLC
STAF.N0000
Rs 39.30
P/E
20.6
P/B
0.53
ROE
2.57%
Yield
0.00%
4Hikkaduwa Beach Resort PLC
CITH.N0000 · this company
Rs 4.50
P/E
1,323.5
P/B
0.53
ROE
-0.32%
Yield
0.00%
5Fortress Resorts PLC
RHTL.N0000
Rs 21.10
P/E
10.3
P/B
1.06
ROE
10.28%
Yield
0.00%
6Royal Palms Beach Hotels PLC
RPBH.N0000
Rs 40.10
P/E
13.9
P/B
0.68
ROE
4.90%
Yield
0.00%
7Tangerine Beach Hotels PLC
TANG.N0000
Rs 99.70
P/E
10.0
P/B
0.56
ROE
5.63%
Yield
0.00%
8Beruwala Resorts PLC
BERU.N0000
Rs 2.70
P/E
-
P/B
5.33
ROE
-0.60%
Yield
3.57%
Peer median · 10 companies
P/E 13.9P/B 0.88Yield 0.00%

About Hikkaduwa Beach Resort PLC

Hikkaduwa Beach Resort PLC is a Sri Lanka-based hospitality company operating resort and hotel properties in the Hikkaduwa coastal area. Its operations focus on accommodation, food & beverage outlets, event facilities and experience-led tourism targeted at leisure travellers. The company’s property portfolio highlighted in the report includes Hikkaduwa Beach Resort, positioned as an entertainment-led resort catering to beach enthusiasts, surfers and younger travellers with emphasis on live music, events and in‑house recreational offerings, and Citrus Hikkaduwa, a midscale, volume-driven beachfront hotel that targets budget and experiential travellers. The group markets its properties through international travel fairs, destination management companies and digital channels, and emphasises experiential tourism, cost optimisation, staff training and community engagement as part of its operational strategy in Sri Lanka.

Tourism

AI analysis

bearish

Hikkaduwa Beach Resort recorded a LKR 233 million net loss in the June quarter as revenue fell 54.7%. Its balance sheet remains strained.

Read the full report (Sep 2, 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
Oct 24: 3 articles, net -0.14Dec 25: 2 articles, net +0.50Jan 26: 2 articles, net +0.50Jun 24Oct 24Feb 25Jun 25Oct 25Feb 26
Recent news
View all news →
Daily FT·Apr 22, 2026·Market commentaryNegative
Foreigners emerge net buyers after 21-days as CSE ends 0.25% on the up

Colombo stocks rose 0.25% as foreign investors turned net buyers after a 21-session selling streak, recording a net inflow of Rs. 19.8 million and lifting the ASPI 55.45 points to 22,625.48. Top contributors included CINS, BUKI, CFIN, MELS and NHL, while consumer services led turnover and oil price moderation supported sentiment.

Fuel & Energy Prices
Daily FT·Apr 21, 2026·Market commentaryPositive
CSE opens week in red, down 0.89% on Mideast tensions

The ASPI fell 0.89% (203.26 pts) to 22,570.03 as Middle East tensions and higher global oil prices weighed on the Colombo bourse. RIL Property, C T Holdings, Commercial Bank and Browns Investments were among top negative contributors while Hikkaduwa Beach Resort and other tourism counters saw notable retail turnover.

Fuel & Energy Prices
Daily FT·Mar 25, 2026·Market commentary
CSE posts highest single-day points gain, recovers Rs. 244 b value

The ASPI rose 3.47% (706.26 pts) to 21,071.23, recovering Rs. 244 billion on reports of a possible de‑escalation in the Middle East; the S&P SL20 gained 3.91% to 5,909.23. Market turnover exceeded Rs. 4.2 billion with gains led by Commercial Bank, Sampath Bank, John Keells and Colombo Dockyard while foreigners were net sellers.

Fuel & Energy Prices
Daily FT·Feb 28, 2026·Market commentary
CSE wraps up February in red

Colombo stock market closed February lower: ASPI fell 47 points (0.2%) and the S&P SL20 dropped 74 points (>1%) with turnover of Rs.7 billion. Banks, conglomerates and blue-chips (COMB, JKH, HNB, CTC, LLUB) weighed on the index while Renuka Agri Foods rose and foreign investors were net sellers of Rs.363.8m.

Consumer Staples (FMCG)
Daily FT·Jan 28, 2026·Management or board change
UDA Chairman Hemachandra joins Colombo Land and Development Board

Colombo Land and Development Company PLC appointed UDA Chairman M.G. Hemachandra as a Non-Executive Director. As of end-September 2025 UDA held a 17.45% stake and Hikkaduwa Beach Resort PLC held a 20.22% stake in the company.

Construction ActivityIT & Digital
Daily FT·Jan 22, 2026·Market commentaryPositive
CSE rebounds, ASPI ends on new high

ASPI closed at an all-time high of 23,806.32, up 0.77% (182.58 pts) on turnover above Rs.9.8bn. Gains were led by Hayleys, Colombo Dockyard and Sampath Bank, with the capital goods and banking sectors among the top contributors.

Rupee & Forex
Daily FT·Jan 14, 2026·Market commentary
CSE ends flat for second straight session; indices marginally down

CSE ended flat for a second straight session: ASPI down 0.71 pts to 23,607.80 and S&P SL20 down 0.12% to 6,494.76. Top negatives included JKH, DOCK, DFCC, SFCL and HHL while Sierra Cables, Commercial Bank, CDB and RIL recorded gains; turnover ~Rs.4.9bn and foreign net inflow Rs.22m.

Daily FT·Dec 17, 2025·Market commentary
CSE recovers to end on the up by 0.17%

Colombo market recovered as the ASPI rose 0.17% (38.48 pts) to 22,333.25 and the S&P SL20 gained 0.31% to 6,071.12. Turnover was Rs 2.85bn on ~77.2m shares with foreign net outflows of Rs 42.8m; top contributors included DOCK, COMB, SAMP, MELS and DFCC.

Hotels & Tourism sector: what is happening

Last 14 days to Sep 30, 2026

Tourism remained subdued: arrivals in 1-23 September edged up 0.31% year on year, led by India, but year-to-date arrivals were 1.83% lower amid Middle East disruptions and softer global demand. August tourism earnings rose 2.1%, ending a 10-month decline, yet year-to-date revenue fell 10%. Higher energy costs and weakened purchasing power also weighed on tourism demand.

The stories behind it

Auto-generated from 6 sector news articles over 14 days. Not investment advice.