C. W. Mackie PLC

CWM.N0000Moderately undervalued

Diversified Holdings · Industrial Conglomerates

C. W. Mackie PLC is a Sri Lankan multi‑sector conglomerate that manufactures, exports and distributes food and beverage products, industrial equipment and agri‑based commodities through a portfolio of market‑facing brands and specialist subsidiaries.

CWM shares are up 44.5% over the past year and last closed at Rs 35.90 on Sep 30, 2026.

Rs 35.90
+2.28%
Price history
+44.47%

Monthly seasonality

Monthly total returns by year and calendar month
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026+57.9-12.3-19.7+22.2-0.5+4.6-8.1-4.1-5.3+0.0+0.0+0.0
2025+3.5-1.6+0.9+3.7+14.0-2.9-2.4+2.3-0.2+5.4+20.2-3.5
2024+3.4+3.1+5.7+5.4+4.8+0.7-8.4-3.0+4.1-0.3-2.1+11.9
2023-0.9-1.5+2.9+17.7-5.7+3.9+2.1-1.6-2.0-6.6-1.4-3.0
2022+2.9-0.7-27.9+3.2+34.5+0.9-10.9+16.7+21.1-6.7+1.2-2.5
2021+4.2-5.6-6.1-6.3+15.7+38.3+5.4-23.0-0.9+7.7+9.6+8.7
2020-2.2-9.1-7.5+0.0+0.0-8.1+6.1-2.1+9.0-6.0+21.4-5.9
2019-0.7+0.0-7.6+1.2+2.7-2.4+13.4-5.4+0.0+0.0+4.9+0.0
2018-4.3+9.1+2.9+1.2-1.4-5.1-4.3+2.7+0.0+0.0-3.5-0.9
2017+1.8+3.1+2.6+3.5+0.2-5.3-4.3+0.6+2.3-4.1-2.0-8.0
2016-6.7-5.6+7.6+3.6+10.7-4.8-5.0-3.5-1.8+10.9-3.2-11.9
2015+3.2-9.0-0.7+3.6+7.9-2.4+0.0-1.2-8.9+11.1-8.0+4.9
2014-3.5-0.2+3.9-1.0+5.5-5.7+7.5-0.9-0.8-3.8-2.5-0.8
2013-10.8-8.6+5.7-1.8+13.5-2.4-11.5-3.9-3.2+5.5-13.7+11.4
2012+0.0+0.0+0.0-7.2-16.3+3.4+0.0+5.0+21.6-9.1+5.0+6.4
Average+3.4-2.8-2.7+3.5+6.1+0.9-1.4-1.4+2.5+0.3+1.9+0.5
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+0.5-1.5+1.8+3.3+5.2-2.4-2.4-1.6-0.5-0.3-1.7-0.9
% up50%21%57%71%71%40%33%33%36%38%43%36%
P/E
15.1
P/B
1.57
EPS
Rs 2.37
Div Yield
4.46%
Market Cap
Rs 6.5B
Beta
0.31
ROE
12.1%
Op Margin
5.9% (+1.8pp)

Fundamentals

LineFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Revenue
Rs 24.1B
-0.7%
Rs 24.3B
+25.3%
Rs 19.4B
+0.9%
Rs 19.2B
+45.9%
Rs 13.2B
+20.5%
Rs 10.9B
+27.2%
Rs 8.6B
-11.4%
Rs 9.7B
-2.8%
Operating profit
Rs 956.1M
+3.5%
Rs 923.6M
-9.7%
Rs 1.0B
-52.3%
Rs 2.1B
+165.6%
Rs 808.5M
+48.9%
Rs 542.9M
+293.4%
Rs 138.0M
-65.1%
Rs 394.8M
-6.9%
Net profit
Rs 433.3M
-11.6%
Rs 490.3M
+17.0%
Rs 419.0M
-55.4%
Rs 940.2M
+89.8%
Rs 495.4M
+93.8%
Rs 255.7M
turned profitable
Rs -78.0M
fell into loss
Rs 216.5M
-1.5%
EPS
2.37
-82.9%
13.84
+19.7%
11.56
-54.6%
25.46
+80.4%
14.11
+92.0%
7.35
-2.10
5.65
-6.9%

Compared with the same period a year earlier.

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

Recent dividends

  • 2026 · first and finalRs 1.60
  • 2025 · first and finalRs 8.00
  • 2024 · first and finalRs 8.00
  • 2023 · first and finalRs 12.00
  • 2022 · first and finalRs 10.00
  • 2021 · first and finalRs 7.00
  • 2021Rs 7.00
  • 2019 · first and finalRs 3.50
Peer comparison6 peers in Diversified Holdings
CFLB.N0000 · same group, not in the median
Rs 53.80
P/E
58.5
P/B
1.86
ROE
3.20%
Yield
0.47%
Rs 14.50
P/E
-
P/B
4.87
ROE
-1.32%
Yield
0.00%
Rs 7.10
P/E
-
P/B
-
ROE
-
Yield
0.00%
EBCR.N0000 · same group, not in the median
Rs 34.30
P/E
8.1
P/B
0.95
ROE
9.02%
Yield
5.80%
Rs 39.90
P/E
8.0
P/B
0.76
ROE
7.27%
Yield
0.53%
CWM.N0000 · this company
Rs 35.90
P/E
15.1
P/B
1.57
ROE
12.09%
Yield
4.46%
LCEY.N0000 · same group, not in the median
Rs 33.20
P/E
-
P/B
0.96
ROE
-6.94%
Yield
0.00%
Peer median · 3 companies
P/E -P/B -Yield 0.00%

About C. W. Mackie PLC

C. W. Mackie PLC is a Sri Lankan multi‑sector conglomerate that manufactures, exports and distributes food and beverage products, industrial equipment and agri‑based commodities through a portfolio of market‑facing brands and specialist subsidiaries. The Group operates across four clusters with eight manufacturing plants, serves 35 export markets and a domestic distribution network of over 85,000 outlets. Its FMCG activities encompass the import, manufacture and distribution of branded food and beverage, personal care and household care products, bottled drinking water, and snack products including jumbo peanuts under the SCAN brand, with Kelani Valley Canneries producing and exporting a range of processed tropical fruit and beverage SKUs under the KVC brand. The Industrial Products cluster supplies refrigeration and air‑conditioning systems, refrigerant gases (including the Green Point natural refrigerant range), HVAC components and related installation services, and distributes marine and protective coatings under the Hempel brand alongside agencies for bearings and power transmission products. The Commodity Trading cluster manages the export of rubber (including thick pale crepe and ribbed smoked sheet), desiccated coconut and spices, and handles B2B sugar import and wholesale distribution; specialist subsidiaries such as Ceymac Rubber and Ceytra support the Group’s rubber manufacturing and moulded rubber product exports. The Group principally operates in Sri Lanka while exporting products and services to multiple international markets through its export trading and distribution network.

AI analysis

neutral

CWM’s latest quarter showed stronger profits and margins despite lower revenue. The main tension is that the share price has weakened while operations improved.

Read the full report (Aug 16, 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
May 25: 1 articles, net +1.00Jul 25: 1 articles, net +1.00Nov 25: 1 articles, net +1.00Jun 26: 3 articles, net -0.33Jul 24Nov 24Mar 25Jul 25Nov 25Mar 26
Recent news
View all news →
Daily FT·Jun 22, 2026·Management or board change
C.W. Mackie PLC appoints Mangala Perera as Group CEO

C. W. Mackie PLC appointed Mangala Perera as Group Chief Executive Officer. He was previously Executive Director – Group Chief Operating Officer and has over 26 years of cross-industry senior experience.

Ada Derana·Jun 18, 2026·Management or board change
C.W. Mackie promotes Mangala Perera as CEO

C. W. Mackie PLC appointed Mangala Perera as Group Chief Executive Officer; he was previously Executive Director – Group Chief Operating Officer and has over 26 years of senior cross-industry experience.

EconomyNext·Jun 5, 2026·Market commentaryPositive
Sri Lanka stocks pick up after slump

Colombo Stock Exchange's All Share Price Index rose 0.09% (19.96 pts) to 21,780.27, with market turnover of Rs1.31bn and the S&P SL20 up 0.27% to 6,048.13. C. W. Mackie announced a first and final dividend of Rs1.60 per share (total Rs287,908,448), subject to AGM approval on June 30, 2026.

Daily FT·Jul 2, 2025·Market commentaryPositive
CSE ends winning streak but turnover tops Rs. 7.6 b

ASPI fell 30 points to 17,997 as turnover hit Rs.7.63 billion, led by large crossings in LOLC Finance, L B Finance and Sampath Bank. Top turnover contributors included LOFC, JKH, Central Finance, Panasian Power and Sampath Bank, while foreign investors were net sellers of Rs.3.4bn.