Ceylon Tea Brokers Plc

CTBL.N0000Moderately undervalued

Services & Logistics · Miscellaneous Commercial Services

Ceylon Tea Brokers PLC is a licensed produce broker for tea registered under the Sri Lanka Tea Board that acts as an intermediary between tea producers and buyers, facilitating price discovery and market access through the Colombo Tea Auction.

CTBL shares are up 25.0% over the past year and last closed at Rs 10.50 on Sep 30, 2026.

Rs 10.50
+0.96%
Price history
+25.00%

Monthly seasonality

Monthly total returns by year and calendar month
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026+11.1+45.0-22.8+7.1-5.8+1.8-9.6-1.0+2.9+0.0+0.0+0.0
2025+35.2-5.5-7.2+7.8+4.3-11.1+15.6+17.6-4.6+24.1-10.7-2.2
2024-2.3+9.5+10.9+0.0+0.0+3.9-3.8+0.0-2.0+0.0-2.0+10.2
2023-2.4-2.4+2.5+4.9-4.7+12.2+28.3-18.6+0.0-8.3+0.0-2.3
2022+12.2-13.0-20.0+3.1+6.1+11.4+0.0+30.8+3.9-15.1+0.0-6.7
2021-5.0-10.5-8.8+0.0+3.2+18.7+10.5-2.4-2.4+5.0-4.8+2.5
2020-5.7-18.2-14.8+0.0+0.0+6.9+6.5+0.0+12.1+13.5+7.1-11.1
2019+0.0+0.0-3.4+0.0+7.1-10.0+18.5+0.0+6.3+8.8-5.4+0.0
2018-25.0+27.3-14.3+2.8-2.7-11.1-6.3-3.3+0.0-3.4+0.0+3.6
2017-7.7-11.1+9.4+11.4+5.1-2.4+12.5-15.6+39.5-3.8-23.5+12.8
2016-8.1-14.7-3.4+53.6-7.0-2.5+5.1+0.0-7.3+10.5-7.1+0.0
2015+4.3+2.1-10.2+4.5-2.2+0.0+4.4-6.4-2.3-4.7-4.9-5.1
2014+2.4-2.3+0.0-2.4+0.0+29.3-9.4+4.2+6.0-3.8-7.8-2.1
2013-5.2-14.5+12.8-5.7-2.0-14.3+2.4-11.6+2.6+7.7-2.4+2.4
2012+0.0+0.0+0.0-2.0-6.1+6.5+2.0+0.0+32.0-6.1-4.8-1.7
Average+0.3-0.6-5.0+6.1-0.3+2.6+5.1-0.4+5.8+1.8-4.7+0.0
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-2.4-4.0-5.3+3.0-1.0+1.8+4.4+0.0+2.6-1.7-4.8-0.8
% up36%29%29%57%36%53%67%20%53%43%7%36%
P/E
14.2
P/B
3.09
EPS
Rs 0.74
Div Yield
10.48%
Market Cap
Rs 1.9B
Beta
-0.49
ROE
21.4%
Op Margin
-

Fundamentals

LineFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Revenue
Rs 1.5B
+12.8%
Rs 1.4B
-16.9%
Rs 1.6B
-3.7%
Rs 1.7B
+97.3%
Rs 867.3M
+25.1%
Rs 693.6M
+0.1%
Rs 692.6M
-9.8%
Rs 767.6M
+17.0%
Operating profit
Rs 450.7M
+48.8%
Rs 302.8M
-30.5%
Rs 435.4M
-21.0%
Rs 551.4M
+207.9%
Rs 179.1M
+3.6%
Rs 172.9M
-10.0%
Rs 192.2M
-51.2%
Rs 394.0M
+15.3%
Net profit
Rs 135.6M
turned profitable
Rs -18.3M
fell into loss
Rs 69.8M
-62.2%
Rs 184.3M
+865.4%
Rs 19.1M
+1,808.6%
Rs 1.0M
turned profitable
Rs -62.5M
fell into loss
Rs 113.6M
+12.6%
EPS
0.74
-0.10
0.38
-62.4%
1.01
+861.9%
0.11
+2,000.0%
0.01
-0.34
0.62
+12.7%

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 0.60
  • 2024 · finalRs 0.44
  • 2023 · first and finalRs 0.68
  • 2022 · finalRs 0.36
  • 2021 · finalRs 0.35
  • 2020 · finalRs 0.08
  • 2019 · first and finalRs 0.35
Peer comparison2 peers in Services & Logistics
JKL.N0000
Rs 73.00
P/E
39.7
P/B
1.12
ROE
2.81%
Yield
3.88%
Rs 13.70
P/E
12.9
P/B
2.02
ROE
16.17%
Yield
3.43%
CTBL.N0000 · this company
Rs 10.50
P/E
14.2
P/B
3.09
ROE
21.42%
Yield
10.48%
Sector median · 7 companies
P/E 14.9P/B 3.03Yield 3.43%

About Ceylon Tea Brokers Plc

Ceylon Tea Brokers PLC is a licensed produce broker for tea registered under the Sri Lanka Tea Board that acts as an intermediary between tea producers and buyers, facilitating price discovery and market access through the Colombo Tea Auction. The company provides broking and marketing services across all elevation categories and offers manufacturing advisory and working capital financing to producer clients to support product quality and operations. The Group includes a fully owned subsidiary, Logicare (Private) Limited, which delivers logistics and supply chain solutions including transportation, warehousing, value‑added services and supply chain consultancy to both third‑party clients and the parent company. Ceylon Tea Brokers emphasises data and digital analytics in its service offering and operates a central tasting, auction bidding and analytics facility at its purpose‑built head office. The company operates in Sri Lanka with a head office in Colombo and additional sample rooms and warehouses in Colombo and other locations, serving producer clients and buyers nationwide across multiple tea growing regions.

AI analysis

bullish

Ceylon Tea Brokers has restored profitability, with its June net margin among its best recent June results. Heavy borrowing remains the constraint.

Read the full report (Sep 9, 2026) →

News sentiment

Describes news flow, not a forecast
Last 30 days
Negative news flow

3 articles in 30 days: 0 positive, 3 negative, 0 neutral.

24 months positive negative 3-month net
Sep 25: 1 articles, net -1.00Oct 25: 2 articles, net +1.00Nov 25: 3 articles, net +1.00Feb 26: 2 articles, net -0.50Aug 26: 1 articles, net +1.00Sep 26: 3 articles, net -1.00Oct 24Feb 25Jun 25Oct 25Feb 26Jun 26
Recent news
View all news →
Daily FT·Sep 23, 2026·OtherNegative
Tea exports dip 5% in August

Sri Lanka's tea exports fell about 5% year‑on‑year in the first eight months of 2026 to 166.3 Mnkg, with August shipments at 22.8 Mnkg. Rupee earnings held nearly steady at Rs.305.6bn, but US$ earnings slipped to about $948m amid higher freight and insurance costs and a lower average FOB.

ExportersRupee & ForexTea & Plantation Crops
Daily FT·Sep 17, 2026·OtherNegative
High Grown tea crop sinks to 34-year low in Aug.

High Grown tea output fell to 3.1 MnKg in August, the weakest monthly High Grown yield since 1992, as national production declined 3.65% YoY to 19 MnKg due to heavy rain and persistent cloud cover, Asia Siyaka and Forbes & Walker data show.

Tea & Plantation Crops
Daily FT·Sep 10, 2026·Award or certificationPositive
New Rothschild Tea Factory sets record Rs. 2,950/kg price

New Rothschild Tea Factory, managed by Browns Plantations, achieved a record price of Rs. 2,950/kg for PEK1 (Western Medium) at the weekly tea auction on 8-9 Sept. The lot was auctioned by Ceylon Tea Brokers PLC and purchased by Vintage Teas Ceylon Ltd.

Tea & Plantation Crops
Daily FT·Aug 22, 2026·Other
Tea output dips 1% in July; seven-month crop down 2.6%

Tea production fell 1.05% YoY in July to 21.26 MnKg, and cumulative January-July output dropped 2.62% to 153.14 MnKg, Forbes & Walker Research data show. Asia Siyaka warned a developing El Niño could further pressure production in August-September.

Tea & Plantation Crops
EconomyNext·Apr 15, 2026·Market commentaryPositive
Sri Lanka stocks trend up, diversified financials lead turnover

Colombo Stock Exchange ASPI rose 0.40% to 22,218.06 at midday, with market turnover of Rs.1 billion and diversified financials leading turnover at Rs.263 million. Ceylon Tea Brokers said it will not proceed with the sale of DP Logistics and its shares were up 3.39% at Rs.12.20.

Fuel & Energy Prices

Services & Logistics sector: what is happening

Last 14 days to Sep 30, 2026

Transport and logistics drove services-export growth in August, with transport and logistics receipts up 51.41% year-on-year, while the services PMI showed faster expansion led partly by transportation. Diesel costs remain a key operating-margin risk as the government sought to hold prices steady despite higher global oil. Port and logistics upgrades and trade facilitation were discussed under the export development plan.

Auto-generated from 18 sector news articles over 14 days. Not investment advice.