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.
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.
Monthly seasonality
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| % up | 36% | 29% | 29% | 57% | 36% | 53% | 67% | 20% | 53% | 43% | 7% | 36% |
Fundamentals
| Line | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| 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
| # | Company | Price | Mkt cap | P/E | P/B | EPS | ROE | Div Yield |
|---|---|---|---|---|---|---|---|---|
| 1 | JKL.N0000 | 73.00 | Rs 4.4B | 39.7 | 1.12 | 1.84 | 2.81% | 3.88% |
| 2 | ASIY.N0000 | 13.70 | Rs 3.6B | 12.9 | 2.02 | 1.06 | 16.17% | 3.43% |
| 3 | CTBL.N0000 · this company | 10.50 | Rs 1.9B | 14.2 | 3.09 | 0.74 | 21.42% | 10.48% |
| Sector median · 7 companies | - | - | 14.9 | 3.03 | - | - | 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
bullishCeylon 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 forecast3 articles in 30 days: 0 positive, 3 negative, 0 neutral.
High Grown tea production fell to 3.1 million kg in August 2026, the lowest monthly level in 34 years, cutting total national tea output 3.7% YoY to 18.9 million kg; Jan-Aug cumulative production is 172.2 million kg versus 176.9 million kg a year earlier.
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.
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.
Dividend · Rs 0.50 · XD Sep 9, 2026
Final dividend of LKR 0.5/share; XD 2026-09-09; record 2026-09-10; payable 2026-09-28; FY ended 31st March 2026
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.
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.
Services & Logistics sector: what is happening
Last 14 days to Sep 30, 2026Transport 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.
The stories behind it
- Sri Lanka services exports rise 13.97-pct in Aug 2026, despite financial services, construction dipSep 25, 2026
- Sri Lanka is trying to keep diesel prices steady at next revision: Energy MinisterSep 28, 2026
- Strengthening ports and logistics to drive Sri Lanka's export growth under NEDP 2026-2030Sep 22, 2026
Auto-generated from 18 sector news articles over 14 days. Not investment advice.