Manufacturing · Industrial Specialties
| Year | Revenue | Net profit | EPS |
|---|---|---|---|
| 2026 | Rs 82.0B | Rs 4.6B | 5.88 |
| 2025 | Rs 79.3B | Rs 5.0B | 6.47 |
| 2024 | Rs 73.9B | Rs 5.8B | 7.47 |
| 2023 | Rs 80.1B | Rs 8.5B | 10.87 |
| 2022 | Rs 55.3B | Rs 6.4B | 8.99 |
| 2021 | Rs 46.4B | Rs 5.8B | 8.63 |
| 2020 | Rs 30.6B | Rs 850.3M | 12.50 |
Dipped Products PLC is a Sri Lanka‑headquartered manufacturer and global supplier of protective handwear, specialising in latex industrial and household gloves and related products. The Group's principal business is its Hand Protection segment, supported by manufacturing facilities in Sri Lanka and Thailand and by global trading operations that serve customers in more than 70 nations. As a member of the Hayleys Group, the company emphasises manufacturing excellence, sustainability and export‑led operations. In addition to hand protection, the Group has plantation interests and plantation management activities; Kelani Valley Plantations PLC, Talawakelle Tea Estates PLC and Horana Plantations PLC are publicly listed entities within the Group and publish separate annual integrated reports. The organisation reports its operations and sustainability disclosures at a consolidated group level, covering both manufacturing and plantation activities. The business employs a large workforce across its hand protection and plantation operations and focuses on product quality, sustainability reporting and integrated value‑creation across its value chain.
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Dividend · Rs 0.37 · XD Jul 9, 2026
First Interim dividend of LKR 0.37/share; XD 2026-07-09; record 2026-07-09; payable 2026-07-22; FY 2026/27
Dipped Products PLC inaugurated a Rs. 2.3 billion expansion at its Kottawa facility, adding two advanced glove dipping plants, an ETP and a high-efficiency steam boiler with robotic automation to boost high-value glove exports. Parent Hayleys PLC is positioned to benefit from higher export volumes and FX inflows.
Dipped Products PLC (DIPD.N0000) inaugurated a Rs. 2.3 billion expansion at its Kottawa facility to boost automated high-value glove production. The project—by Hayleys PLC’s subsidiary—adds advanced robotic dipping lines, a 2,000 m3/day ETP and a high-efficiency boiler to support exports and sustainability.
Dividend · Rs 0.76 · XD Apr 15, 2026
Fourth Interim dividend of LKR 0.76/share; XD 2026-04-15; record 2026-04-15; payable 2026-04-28; FY 2025/26
Dividend · Rs 0.51 · XD Jan 12, 2026
Third Interim dividend of LKR 0.51/share; XD 2026-01-12; record 2026-01-12; payable 2026-01-26; FY 2025/26
Dipped Products PLC reported a flat net profit of Rs 920 million in the September 2025 quarter, with pre-tax profit down 5% to Rs 1.73 billion and administrative costs up 21%. Six-month net profit rose 14% to Rs 1.8 billion, six-month EPS was Rs 43.01, interim dividends totalling Rs 0.86 were paid, and Hayleys owns 42.1%.
The EPF recorded an unrealized profit of Rs.73.97 billion on its Colombo Stock Exchange holdings as of June 30, 2025, with its Rs.85.88 billion invested across 64 listed companies rising to a market value of Rs.159.85 billion.
Dividend · Rs 0.61 · XD Oct 10, 2025
Second Interim dividend of LKR 0.61/share; XD 2025-10-10; record 2025-10-12; payable 2025-10-24; FY 2025/2026
Dipped Products (DIPD.N0000) entered a 30-year lease with the Board of Investment for a 4.75-acre site with buildings in the Katunayake EPZ for one billion rupees to boost production capacity. In Dec 2024 the company acquired Hi Care Thai Gloves for $11m to expand its global footprint.
US confirmation of a 10% Section 301 tariff preserved competitiveness for Sri Lankan manufacturers, especially apparel and rubber. Exporters sought clear, risk-based guidelines for the new forced labour import ban to avoid shipment delays. June PMI showed manufacturing expanding but slower at 53.0, led by food and beverages. FTZ manufacturers pressed for power wheeling and lower energy costs. Cabinet moved to license scrap metal exports and tighten import prepayments.
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