Telecom & IT · Major Telecommunications
Dialog Axiata PLC is a Sri Lanka-based telecommunications group that provides mobile telephony, internet services and external gateway operations, and offers converged consumer services across mobile, broadband, pay television and fixed line under the Dialog brand.
DIAL shares are up 67.4% over the past year and last closed at Rs 45.20 on Sep 30, 2026.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +11.4 | +4.2 | -11.6 | +16.7 | +21.9 | +5.8 | -4.1 | +5.7 | -1.5 | +0.0 | +0.0 | +0.0 |
| 2025 | +16.9 | -0.7 | +4.4 | -0.7 | +23.9 | +9.1 | -0.5 | +38.7 | +1.9 | +7.4 | -0.3 | +2.8 |
| 2024 | +0.0 | +15.6 | +12.5 | +0.9 | -5.9 | -10.8 | -5.1 | -6.4 | +8.0 | +14.7 | -5.5 | +14.6 |
| 2023 | +10.6 | -4.3 | +16.7 | +4.8 | -8.2 | +2.0 | +6.8 | +3.6 | -3.5 | -14.5 | -5.3 | +1.1 |
| 2022 | +0.0 | +6.4 | -14.5 | -10.0 | +5.6 | -7.4 | +1.1 | -1.1 | -2.3 | -4.7 | +9.8 | -5.6 |
| 2021 | +2.4 | +0.0 | +1.6 | -1.6 | +2.4 | -7.7 | -2.5 | -6.8 | -0.9 | +2.8 | +0.9 | -1.8 |
| 2020 | +2.4 | -5.6 | -28.6 | +0.0 | +0.0 | +12.5 | -3.4 | -2.7 | +2.7 | -4.4 | +10.2 | +4.2 |
| 2019 | -2.0 | -2.0 | -6.2 | -4.4 | +6.9 | -3.2 | +23.3 | -2.7 | -1.9 | +22.6 | +3.8 | -8.9 |
| 2018 | +4.6 | -1.5 | +3.0 | +2.9 | +1.4 | -0.7 | -0.7 | -16.1 | +0.0 | -4.2 | -1.7 | -10.6 |
| 2017 | +1.0 | +3.8 | +2.7 | +6.2 | +0.8 | -0.8 | -4.2 | -1.7 | +7.1 | +10.7 | -2.2 | +0.0 |
| 2016 | -4.7 | -2.0 | +2.0 | +4.9 | +4.7 | -5.4 | +3.8 | +1.8 | +3.6 | -1.7 | -7.9 | +0.0 |
| 2015 | -9.8 | +0.0 | -11.7 | +8.5 | +0.9 | -8.6 | +3.8 | +5.5 | -5.2 | +0.9 | -3.6 | +0.0 |
| 2014 | +2.2 | +0.0 | -2.2 | +3.3 | +6.5 | +6.1 | +2.9 | +3.7 | +2.7 | +7.0 | +5.7 | +2.3 |
| 2013 | +6.0 | +2.3 | +0.0 | +4.4 | +1.1 | -9.5 | -1.2 | -3.5 | +3.7 | +7.1 | -1.1 | +0.0 |
| 2012 | +0.0 | +0.0 | +0.0 | -12.7 | -12.9 | +14.8 | -1.6 | +1.6 | +45.2 | -13.3 | +3.8 | +2.5 |
| Average | +2.9 | +1.2 | -2.3 | +1.7 | +3.5 | -0.3 | +1.2 | +1.3 | +4.0 | +2.2 | +0.5 | +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 | +2.3 | +0.0 | +0.8 | +3.1 | +1.9 | -0.8 | -0.7 | -1.1 | +1.9 | +1.8 | -0.7 | +0.0 |
| % up | 64% | 36% | 50% | 64% | 79% | 40% | 40% | 47% | 53% | 57% | 43% | 43% |
| Line | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | Rs 179.6B +5.0% | Rs 171.2B -8.9% | Rs 187.8B +5.4% | Rs 178.1B +25.5% | Rs 141.9B +18.1% | Rs 120.1B +2.8% | Rs 116.8B +7.0% | Rs 109.2B +15.9% |
| Operating profit | Rs 38.6B +85.8% | Rs 20.8B -0.5% | Rs 20.9B +712.7% | Rs 2.6B -89.0% | Rs 23.4B +40.5% | Rs 16.7B +8.8% | Rs 15.3B -8.3% | Rs 16.7B +13.0% |
| Net profit | Rs 20.8B +67.0% | Rs 12.4B -38.2% | Rs 20.1B turned profitable | Rs -33.4B fell into loss | Rs 17.0B +41.8% | Rs 12.0B +11.9% | Rs 10.7B +44.0% | Rs 7.4B -30.8% |
| EPS | 2.26 +58.0% | 1.43 -41.4% | 2.44 | -4.06 | 2.08 +40.5% | 1.48 +12.1% | 1.32 +43.5% | 0.92 -30.3% |
Compared with the same period a year earlier.
Per-share figures are as reported, not adjusted for splits.
| # | Company | Price | Mkt cap | P/E | P/B | EPS | ROE | Div Yield |
|---|---|---|---|---|---|---|---|---|
| 1 | DIAL.N0000 · this company | 45.20 | Rs 415.9B | 13.5 | 4.67 | 3.36 | 34.66% | 6.42% |
| 2 | SLTL.N0000 | 85.00 | Rs 153.4B | 12.4 | 1.45 | 6.84 | 11.62% | 0.88% |
| Sector median · 6 companies | - | - | 21.5 | 4.03 | - | - | 0.88% |
Dialog Axiata PLC is a Sri Lanka-based telecommunications group that provides mobile telephony, internet services and external gateway operations, and offers converged consumer services across mobile, broadband, pay television and fixed line under the Dialog brand. The Company operates as a quad-play connectivity provider in Sri Lanka and is described in the report as the largest telecom service provider in the country. Its principal activities include mobile services (voice and mobile broadband), fixed telephony and fixed 4G LTE broadband, and digital pay television, supported by international wholesale and tele-infrastructure operations. Dialog also develops and markets digital products and platforms such as the MyDialog app, the Genie mobile payment app, eSIM and VoWiFi services, and a range of digital inclusion and IoT initiatives (examples cited include Yeheli/Thozhi.lk, Govi Mithuru, Athuru Mithuru and Saru). The Group places emphasis on network investment and technology leadership, citing initiatives on 4G expansion, 5G pre-commercial transmission and upgrades to fixed 4G infrastructure to support its consumer, wholesale and digital services across Sri Lanka.
Evidence points bullish: June profit rose 99.7% as margins reached company records, outweighing a fairly valued starting band. The catch is a P/B of 4.84, above every recorded year-end.
Read the full report (Sep 23, 2026) →Higher than 6% of its last 16 months · 3 of 3 in its sector
17 articles in 30 days: 7 positive, 9 negative, 1 neutral.
The Colombo ASPI fell 0.6% to 20,817.82, sliding to a six-month low as losers (163) outpaced winners (31) and turnover barely topped Rs.1bn. Top decliners and contributors to the drop included Dialog, Commercial Bank, Overseas Realty, Singer, Tokyo Cement and Ceylinco, while John Keells closed flat.
The Colombo bourse fell to a six-month low as the ASPI closed down 0.44% at 20,943.79 and turnover hit a year low of Rs. 596 million; foreign investors were net buyers of Rs. 7.9 million. Top negative contributors included CARS, DIAL, COMB, CINS and SEMB.
Colombo Stock Exchange closed lower with the ASPI down 0.39% to 20,955.56 and turnover at Rs595.97mn. Top contributors included Distilleries, Ceylon Tobacco, Laugfs Gas and Hayleys, while SMB Finance, Carson Cumberbatch, Sri Lanka Telecom and Dialog were among the laggards; ACL Cables announced a 60 cent interim dividend.
Colombo Stock Exchange opened higher as the ASPI rose 30.69 points to 21,068.04 (up 0.15%); market turnover was 57.56 million rupees. Vidullanka said project companies it holds equity in won bids to install 18.7 MW/93 MWh of BESS, with its estimated equity share about 600 million rupees.
Colombo Stock Exchange opened higher: ASPI up 0.18% (37.48 pts) at 21,104.37 and S&P SL20 up 0.46% at 5,970.10, with turnover Rs 43.59m. Singer Finance set rights-issue and EGM/XR dates; Pan Asia Banking plans to raise up to Rs 5bn via listed debentures opening Oct 1, 2026.
Colombo bourse ended a two-session recovery as rising global oil prices hit sentiment: ASPI fell 0.09% to 21,066.89 and S&P SL20 fell 0.08% to 5,942.78. Turnover was over Rs 1.3bn, foreigners were net sellers of Rs 162.4m; top decliners were DIAL, CINS, RICH, CIC and DIST.
Fitch upgraded Sri Lanka's Long-Term Issuer Default Rating to B- from CCC+ with a Stable outlook, and the Colombo Stock Exchange's ASPI rose 0.36% to 21,054.01 on Tuesday. Top positive contributors were Access Engineering, Overseas Realty, Dialog Axiata and Hatton National Bank, while Kotmale, Namunukula Plantations, Sri Lanka Telecom, CDB and John Keells were among the decliners.
Colombo Stock Exchange ASPI rose 0.16% to 21,056.26 on Friday (S&P SL20 up 0.07%) while the ASPI ended the week down 326.48 points. Market turnover was Rs 1.34bn; People's Leasing plans to list Rs 10bn of 13.75% debentures and DFCC Bank allotted its Rs 12.5bn Tier-2 debenture issue.
The ASPI fell 0.52% (109.98 pts) to 21,023.43, hitting a 23-week low as selling driven by concerns over rising interest rates and sustained crude above $100 pressured the market. Top drags included Melstacorp, Dialog, Hayleys, Ceylon Beverage and RIL while foreigners were net sellers of ~Rs.213m; turnover ~Rs.1.3bn.
ICT/BPM services exports fell 10.49% year on year to $135.10 million in August. Public-sector technology demand was signalled by the Central Bank's invitation for enterprise data solution expressions of interest, while concerns persisted that digital ID, population-register, data-exchange, government-cloud and AI projects are advancing without adequate safeguards or consultation.
Auto-generated from 13 sector news articles over 14 days. Not investment advice.