EquityLK

Colombo Land & Development Co. Plc

CLND.N0000Moderately overvalued

Property & Construction · Real Estate Development

Colombo Land & Development Company PLC is a property development and real estate management company engaged in the development, ownership and management of commercial and residential properties.

CLND shares are up 12.0% over the past year and last closed at Rs 47.50 on Sep 30, 2026.

Rs 47.50
+5.09%
Price history
+12.03%

Monthly seasonality

Monthly total returns by year and calendar month
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026+9.7+23.3-17.3+23.1-7.8-5.4-8.6-2.2-4.8+0.0+0.0+0.0
2025+13.0-7.7-6.3+0.9+3.5+17.9+15.9+26.8+3.2+24.5-7.3-4.1
2024+0.0+2.9+0.0+16.6-2.0+10.5-14.0-3.7+3.8-3.2+1.6+23.0
2023+17.7+4.8+3.6-4.5-17.1+6.3+11.8-5.3+12.8-11.3+5.6-10.5
2022-1.2-11.2-17.0-20.9+10.7-12.8-4.7+16.0-2.4-7.3-8.9-8.7
2021+24.0-16.7-4.0-6.3+9.3+14.6+5.7+14.1+16.8-5.0-11.1+2.1
2020-6.7-14.8-33.2+0.0+0.0+8.8+42.7-9.1+11.7-12.3+9.8-6.2
2019-6.0-4.3-14.8+4.3+0.0+10.8+39.1+18.9+4.5+17.4+3.7-9.3
2018+9.6-8.3-4.5+2.6-5.1+0.5-5.9-8.6-5.0+8.6-0.6-8.5
2017+7.0-13.1-0.8+16.1-7.3-6.0-2.8-6.1-6.1-5.1+0.0-3.4
2016-10.9-10.0+5.3+17.0+2.4-5.7+2.0+15.5+5.5-6.5-3.8-1.8
2015-10.6-7.3-18.0+10.8-9.7-8.0+26.1-5.2-14.2+10.2-5.8+5.3
2014+1.5-8.8-1.9+6.7+2.1-5.2+8.7+1.2+6.9-8.5-0.3-6.8
2013-4.2-6.8-3.8+65.2+4.4-8.6-10.6-7.0-0.5+4.8-7.4+1.6
2012+0.0+0.0+0.0-1.3-20.8+5.6+0.9+20.0+6.2-10.9-14.6+12.7
Average+3.1-5.6-8.1+9.3-2.7+1.6+7.1+4.4+2.6-0.3-2.8-1.1
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+0.8-8.0-4.3+5.5-1.0+0.5+2.0-2.2+3.8-5.1-2.2-3.8
% up50%21%14%71%43%53%60%47%60%36%29%36%
P/E
51.1
P/B
1.09
EPS
Rs 0.93
Div Yield
0.00%
Market Cap
Rs 9.5B
Beta
0.58
ROE
2.2%
Op Margin
56.8% (-6.8pp)

Fundamentals

LineFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Revenue
Rs 458.7M
+3.6%
Rs 442.8M
+17.5%
Rs 376.8M
+11.1%
Rs 339.2M
+1.2%
Rs 335.2M
-23.5%
Rs 438.4M
-8.1%
Rs 476.9M
-1.1%
Rs 482.0M
+8.1%
Operating profit
Rs 492.5M
-12.7%
Rs 564.2M
-23.2%
Rs 734.8M
+125.4%
Rs 326.0M
+21.2%
Rs 269.1M
-18.4%
Rs 329.9M
-59.1%
Rs 807.4M
+11.2%
Rs 726.1M
-82.3%
Net profit
Rs 185.7M
+94.9%
Rs 95.3M
-70.3%
Rs 320.8M
turned profitable
Rs -731.1M
fell into loss
Rs 613.2M
+935.7%
Rs 59.2M
-82.2%
Rs 332.5M
+1.3%
Rs 328.3M
-88.0%
EPS
0.93
+93.8%
0.48
-70.2%
1.61
-3.66
3.07
+923.3%
0.30
-81.9%
1.66
+0.6%
1.65
-88.0%

Compared with the same period a year earlier.

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

Recent dividends

No dividend records.

Peer comparison6 peers in Property & Construction
Sector overview Open in screener
1Overseas Realty (Ceylon) Plc
OSEA.N0000
Rs 51.70
P/E
7.6
P/B
0.95
ROE
12.47%
Yield
3.38%
2RIL Property Plc
RIL.N0000
Rs 22.10
P/E
3.4
P/B
0.69
ROE
20.17%
Yield
4.52%
3Lanka Realty Investments PLC
ASCO.N0000
Rs 51.00
P/E
9.6
P/B
0.99
ROE
7.58%
Yield
0.00%
4East West Properties PLC
EAST.N0000
Rs 70.10
P/E
15.8
P/B
2.85
ROE
7.25%
Yield
0.00%
5Colombo Land & Development Co. Plc
CLND.N0000 · this company
Rs 47.50
P/E
51.1
P/B
1.09
ROE
2.15%
Yield
0.00%
6Lee Hedges PLC
SHAW.N0000
Rs 285.25
P/E
10.5
P/B
0.95
ROE
10.26%
Yield
0.70%
7On'ally Holdings PLC
ONAL.N0000
Rs 43.40
P/E
3.2
P/B
0.85
ROE
26.23%
Yield
5.53%
Peer median · 6 companies
P/E 8.6P/B 0.95Yield 2.04%

About Colombo Land & Development Co. Plc

Colombo Land & Development Company PLC is a property development and real estate management company engaged in the development, ownership and management of commercial and residential properties. Its operations cover the development, leasing and management of commercial and corporate spaces, retail podiums and apartments, together with ongoing maintenance and support services. The company’s investment property portfolio includes assets such as Liberty Plaza, Liberty Arcade, New Retail Podium, People’s Park and Gas Land, and it operates under the Liberty Plaza brand. Key activities identified by the company include property development, property management and maintenance, and car park operations, with stakeholders comprising tenants, employees, investors, suppliers and regulators.

Interest Rates

AI analysis

neutral

CLND's latest quarter delivered its strongest March margins on record, but the share's sharp fall and sector-topping P/E show that operational improvement has not translated into a straightforward valuation case.

Read the full report (Aug 8, 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
Apr 25: 1 articles, net +1.00Jun 25: 1 articles, net +1.00May 24Sep 24Jan 25May 25Sep 25Jan 26
Recent news
View all news →
Daily FT·Sep 9, 2025·Market commentaryPositive
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LAUGFS Gas and LAUGFS Power shares surged (LAUGFS Gas voting +65.42% to Rs.66.50; LAUGFS Power non-voting +63% to Rs.14.20) after reports of a 50:50 partnership with Vallibel Three (Dhammika Perera). Meanwhile the ASPI fell 0.4% to 20,906 with declines led by HNB, COMB, DFCC, CINS and JKH; turnover leaders included RIL, CTHR and EBCR.

Fuel & Energy PricesConstruction Activity
Daily FT·Sep 5, 2025·Market commentaryPositive
CSE ends week with indices down amidst high turnover

The Colombo market closed with the ASPI at 20,992, up 16 points, on turnover of Rs.5.6 billion; weekly ASPI and S&P SL20 fell 0.03% and 1.19% respectively. Property, capital-goods and consumer services stocks led turnover while select hotels and developers saw mixed flows and sizable corporate stake transactions were reported.

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.

The stories behind it

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