The Colombo bourse fell to a near six-month low as the ASPI dropped 0.37% to 20,979.18 and the S&P SL20 fell 0.33% to 5,909.45. Market turnover was over Rs.750m, foreign investors were net buyers of Rs.19.1m, and top ASPI decliners included BREW, MELS, CTHR, CINS and HNB.
Diversified Holdings · Industrial Conglomerates
C T Holdings PLC is an investment holding company with diversified operations in Sri Lanka spanning modern retail, fast-moving consumer goods (FMCG), restaurants, real estate development, cinema/entertainment, hospitality and banking & financial services.
CTHR shares are down 21.2% over the past year and last closed at Rs 540.00 on Sep 30, 2026.
Monthly seasonality
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.5 | -1.5 | -9.4 | +3.1 | -4.7 | -3.6 | -8.5 | +9.3 | -1.8 | +0.0 | +0.0 | +0.0 |
| 2025 | -3.9 | +3.0 | +15.2 | -0.4 | +8.3 | +30.3 | +7.2 | +19.0 | -3.5 | -2.5 | +2.0 | -3.0 |
| 2024 | -7.3 | +2.6 | -2.9 | -3.5 | +9.6 | +0.0 | +3.6 | -3.6 | +1.9 | +1.9 | +11.1 | +8.4 |
| 2023 | +0.0 | +1.9 | +1.0 | -5.1 | +7.6 | -1.8 | +15.9 | +5.1 | +11.4 | +6.5 | -2.7 | +10.8 |
| 2022 | -0.3 | -3.6 | -3.1 | -9.7 | +13.2 | -5.4 | +0.0 | +0.0 | +7.6 | -1.4 | +0.0 | +0.0 |
| 2021 | +12.1 | -8.6 | +0.6 | +0.1 | +2.8 | +2.9 | +2.8 | -1.6 | +0.5 | -3.8 | -6.3 | +0.9 |
| 2020 | +2.9 | -4.0 | +0.0 | +0.0 | +0.0 | -2.6 | +5.5 | -3.1 | +14.0 | -4.1 | -0.6 | +3.2 |
| 2019 | -3.6 | +0.6 | +0.0 | -5.4 | +11.5 | -9.8 | +0.0 | +4.2 | -4.0 | +0.7 | +2.3 | -5.3 |
| 2018 | -0.6 | +6.1 | -7.9 | +4.6 | -3.3 | -1.1 | +2.9 | -0.1 | +2.8 | +0.0 | +0.0 | +0.0 |
| 2017 | +4.1 | +11.5 | +2.8 | +4.7 | +5.1 | -2.4 | +0.0 | +3.1 | +3.0 | +4.4 | +2.8 | -1.3 |
| 2016 | -4.3 | -3.6 | +0.0 | +3.8 | -3.7 | -9.2 | +11.9 | -6.7 | +3.5 | -5.1 | -5.8 | +9.6 |
| 2015 | -2.0 | +5.6 | -12.2 | -1.2 | -1.2 | +2.4 | +3.8 | +12.6 | -10.1 | +2.5 | -1.4 | +2.2 |
| 2014 | +3.9 | -1.9 | -5.5 | +3.7 | -6.7 | +3.4 | +6.7 | +5.6 | +6.9 | -6.6 | -3.8 | -2.1 |
| 2013 | +6.6 | +4.4 | -8.6 | +3.2 | +11.4 | -0.7 | +0.7 | -3.4 | +7.0 | -4.4 | +4.7 | -6.6 |
| 2012 | +0.0 | +0.0 | +0.0 | +2.9 | -6.1 | +1.2 | -1.2 | -3.2 | +12.6 | -17.5 | -5.0 | +0.1 |
| Average | +0.5 | +0.9 | -2.3 | +0.1 | +3.1 | +0.2 | +3.7 | +2.7 | +3.4 | -2.3 | -0.2 | +1.3 |
| 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 | -0.4 | +1.2 | -2.9 | +1.5 | +3.9 | -1.1 | +3.3 | +1.5 | +3.0 | -2.5 | -0.6 | +0.1 |
| % up | 36% | 57% | 31% | 57% | 57% | 33% | 71% | 50% | 73% | 38% | 38% | 54% |
Fundamentals
| Line | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | Rs 273.5B +12.7% | Rs 242.8B +8.2% | Rs 224.3B +14.3% | Rs 196.3B +43.4% | Rs 136.9B +21.2% | Rs 112.9B +4.8% | Rs 107.8B +12.8% | Rs 95.5B +3.7% |
| Operating profit | Rs 18.2B +20.5% | Rs 15.1B +12.8% | Rs 13.4B -2.6% | Rs 13.7B +58.4% | Rs 8.7B +20.4% | Rs 7.2B -1.1% | Rs 7.3B +39.0% | Rs 5.2B -23.3% |
| Net profit | Rs 10.9B +49.7% | Rs 7.3B +16.7% | Rs 6.2B +21.9% | Rs 5.1B +22.5% | Rs 4.2B +25.6% | Rs 3.3B +22.0% | Rs 2.7B +14.2% | Rs 2.4B -36.7% |
| EPS | 38.15 +50.0% | 25.43 +17.6% | 21.63 +26.0% | 17.17 +21.9% | 14.09 +37.6% | 10.24 +46.7% | 6.98 -14.5% | 8.16 -42.7% |
Compared with the same period a year earlier.
Per-share figures are as reported, not adjusted for splits.
Recent dividends
- 2026 · second interimRs 10.50
- 2026 · first interimRs 4.75
- 2025 · second interimRs 10.00
- 2025 · first interimRs 4.00
- 2024 · second interimRs 8.50
- 2024 · first interimRs 3.50
- 2023 · second interimRs 6.00
- 2023 · first interimRs 2.45
| # | Company | Price | Mkt cap | P/E | P/B | EPS | ROE | Div Yield |
|---|---|---|---|---|---|---|---|---|
| 1 | JKH.N0000 | 18.70 | Rs 331.8B | 22.7 | 0.80 | 0.82 | 3.49% | 1.60% |
| 2 | MELS.N0000 | 185.00 | Rs 215.6B | 10.7 | 1.29 | 17.34 | 12.13% | 4.41% |
| 3 | HAYL.N0000 | 225.50 | Rs 179.3B | 12.1 | 1.52 | 18.71 | 13.67% | 2.66% |
| 4 | CARS.N0000 | 720.00 | Rs 141.4B | 15.5 | 1.29 | 46.35 | 8.68% | 1.76% |
| 5 | CTHR.N0000 · this company | 540.00 | Rs 108.8B | 13.9 | 2.91 | 38.92 | 20.99% | 2.82% |
| 6 | VONE.N0000 | 88.80 | Rs 101.1B | 7.2 | 0.81 | 12.27 | 11.20% | 1.69% |
| 7 | HHL.N0000 | 31.00 | Rs 92.9B | 10.7 | 1.66 | 2.89 | 15.53% | 3.23% |
| 8 | BUKI.N0000 | 846.00 | Rs 86.3B | 19.4 | 1.09 | 43.50 | 6.34% | 2.38% |
| Peer median · 7 companies | - | - | 12.1 | 1.29 | - | - | 2.38% |
About C T Holdings PLC
C T Holdings PLC is an investment holding company with diversified operations in Sri Lanka spanning modern retail, fast-moving consumer goods (FMCG), restaurants, real estate development, cinema/entertainment, hospitality and banking & financial services. The Group’s flagship operating subsidiary is Cargills (Ceylon) PLC, which anchors the retail, FMCG and restaurant businesses. The retail arm operates the Cargills Food City supermarket chain and an e‑commerce business supported by a nationwide supply chain, cold chain and distribution infrastructure. The FMCG operations manufacture and market branded food and beverage products under names such as Magic ice cream, Kotmale dairy, KIST, Goldi, Sara’s, RIDE and Knuckles Water across multiple production facilities, while the restaurants business operates franchise concepts including KFC and TGI Fridays in Sri Lanka. The Group’s real estate interests include the Majestic City shopping complex and a portfolio of Cargills Square malls developed and managed through CT Land Development PLC and related entities. The Company also maintains cinema and entertainment interests and operates banking and financial services through Cargills Bank, with all core operations focused on the Sri Lankan market.
AI analysis
neutralJune-quarter profit rose 6.8% and margins ranked among C T Holdings' best June readings. Debt remains high at 136.1% of owners' equity.
Read the full report (Sep 3, 2026) →News sentiment
Describes news flow, not a forecast2 articles in 30 days: 0 positive, 1 negative, 1 neutral.
CT Land Development appointed Joseph Page as Non-Executive Chairman effective 21 August 2026 and Indira Malwatte as an Independent Non-Executive Director. Page is also a director of parent C T Holdings PLC and other CT Group firms; Malwatte chairs Samson International and sits on the boards of Cargills and Kotmale.
Carson Cumberbatch PLC group bought 20,141,698 ordinary voting shares in C T Holdings PLC on Aug 24-25, representing a 10.05% stake, at between Rs 530-575 per share.
Deals in C T Holdings and Cargills pushed Colombo Stock Exchange turnover to over Rs.16.8 billion, a more-than-one-year high, while the ASPI fell 0.34% to 21,344.77. C T Holdings contributed Rs.11.58bn (10% stake traded) and rose to Rs.550.50; Cargills contributed Rs.4.2bn and closed at Rs.680.75.
Colombo Stock Exchange closed lower as the ASPI fell 0.34% to 21,344.77, with turnover of 16.85 billion rupees led by Food & Staples Retailing. Large block sales saw CT Holdings 20.14m shares (10%) traded at Rs.575 and Cargills 6m shares (3%) sold at Rs.700.
Colombo Stock Exchange turnover reached Rs.16.85 billion on Aug 24, driven by negotiated crossings: 20.14m CT Holdings shares at Rs.575 (Rs.11.58bn) and 6.0m Cargills shares at Rs.700 (Rs.4.2bn). CT Holdings holds a 71.18% stake in Cargills.
CT Holdings sold 20.14m shares at Rs575 and Cargills sold 6m shares at Rs700 in a combined divestment worth over Rs15bn, the largest CSE transaction of 2026 and lifting daily turnover to Rs16.85bn. CT closed at Rs550.50 (+4.91%); Cargills at Rs680.75 (-0.8%).
Colombo market recovered as the ASPI rose 0.07% to 21,418.57 on turnover above Rs.2bn and net foreign inflows of about Rs.471.8m; DIAL, HNB, NDB, DIPD and JKH led gains while BREW, CINS, CARG, CTHR and CCS dragged the index.