Manufacturing · Industrial Specialties
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.
DIPD shares are down 11.5% over the past year and last closed at Rs 59.30 on Sep 30, 2026.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -1.8 | -4.0 | -14.2 | +17.4 | -1.7 | +2.6 | -3.4 | +1.8 | +3.8 | +0.0 | +0.0 | +0.0 |
| 2025 | +9.3 | -3.2 | -5.2 | -2.2 | -1.7 | +13.4 | +1.5 | -0.2 | +10.0 | +1.9 | -6.3 | -4.4 |
| 2024 | -3.9 | +4.5 | +8.5 | +2.6 | +8.6 | +10.9 | -10.3 | -6.8 | +20.0 | +2.9 | +13.9 | +23.7 |
| 2023 | -1.0 | +2.8 | -7.1 | -0.4 | -6.6 | +9.0 | +27.3 | -11.6 | +3.8 | -12.3 | +1.4 | -3.1 |
| 2022 | -5.9 | -17.3 | -14.6 | -14.5 | -0.3 | -13.1 | +32.7 | +23.1 | +4.4 | -27.1 | -7.1 | +0.0 |
| 2021 | +109.2 | -30.1 | -8.3 | +20.1 | -6.8 | -1.2 | +11.3 | +16.3 | -11.2 | -8.1 | -2.4 | -3.4 |
| 2020 | +0.4 | -5.3 | -27.8 | +0.0 | +0.0 | +25.3 | +29.6 | +33.1 | +25.4 | +39.6 | +7.9 | +2.0 |
| 2019 | +8.2 | -12.0 | -1.2 | +0.0 | +1.2 | -1.4 | +8.5 | -7.7 | +0.0 | +0.6 | +11.7 | -7.6 |
| 2018 | +0.0 | -2.4 | +3.0 | +2.9 | -8.0 | -2.5 | +4.9 | -2.9 | -4.3 | +4.0 | +7.4 | -1.2 |
| 2017 | -11.3 | +2.6 | -2.4 | +7.7 | +15.4 | +9.6 | +5.2 | -17.6 | +2.7 | +1.6 | -9.9 | -0.7 |
| 2016 | -17.4 | -20.0 | -3.9 | +30.1 | +4.2 | -5.1 | +0.9 | -5.1 | -1.1 | -4.4 | -10.8 | +14.4 |
| 2015 | -2.8 | +5.0 | -5.5 | +11.6 | -2.6 | +0.0 | +6.7 | -12.5 | -1.4 | -1.5 | -19.1 | +4.5 |
| 2014 | -1.1 | -0.7 | -1.5 | +3.3 | +9.1 | +5.9 | +21.4 | +0.6 | -0.4 | +12.6 | -4.2 | +4.8 |
| 2013 | -2.8 | +2.9 | +0.9 | +3.6 | +13.0 | -3.8 | -7.6 | -9.4 | -12.0 | -2.2 | -0.6 | +0.6 |
| 2012 | +0.0 | +0.0 | +0.0 | -3.6 | -6.7 | +1.1 | -3.1 | +0.3 | +23.7 | -8.7 | +2.0 | +7.8 |
| Average | +5.6 | -5.5 | -5.7 | +5.6 | +1.2 | +3.4 | +8.4 | +0.1 | +4.2 | -0.1 | -1.2 | +2.7 |
| 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 | -1.5 | -2.8 | -4.6 | +3.1 | -1.0 | +1.1 | +5.2 | -2.9 | +2.7 | -0.4 | -1.5 | +0.3 |
| % up | 29% | 36% | 21% | 64% | 43% | 53% | 73% | 40% | 53% | 50% | 43% | 50% |
| Line | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | Rs 82.0B +3.5% | Rs 79.3B +7.2% | Rs 73.9B -7.7% | Rs 80.1B +44.9% | Rs 55.3B +19.2% | Rs 46.4B +51.8% | Rs 30.6B +1.6% | Rs 30.1B +5.6% |
| Operating profit | Rs 6.8B -5.1% | Rs 7.2B -7.2% | Rs 7.7B -19.7% | Rs 9.6B +79.6% | Rs 5.4B -26.8% | Rs 7.3B +407.8% | Rs 1.4B | - |
| Net profit | Rs 4.6B -8.2% | Rs 5.0B -12.9% | Rs 5.8B -32.0% | Rs 8.5B +32.6% | Rs 6.4B +9.9% | Rs 5.8B +586.0% | Rs 850.3M -30.5% | Rs 1.2B +52.8% |
| EPS | 5.88 -9.1% | 6.47 -13.4% | 7.47 -31.3% | 10.87 +20.9% | 8.99 +4.2% | 8.63 -31.0% | 12.50 -13.9% | 14.51 +75.2% |
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 | DIPD.N0000 · this company | 59.30 | Rs 35.5B | 9.2 | 0.99 | 6.48 | 10.82% | 3.79% |
| 2 | REXP.N0000 | 337.75 | Rs 3.8B | 21.8 | 1.01 | 15.48 | 4.65% | 2.66% |
| 3 | SIL.N0000 | 570.75 | Rs 2.4B | 6.3 | 3.09 | 89.95 | 59.08% | 0.35% |
| Sector median · 29 companies | - | - | 12.0 | 1.63 | - | - | 2.05% |
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.
Evidence points bullish: June-quarter profit rose 35.3% while the shares sit in the exchange's undervalued band. The catch is annual operating cash conversion was only 0.56 times.
Read the full report (Sep 30, 2026) →Higher than 90% of its last 10 months · 1 of 5 in its sector
3 articles in 30 days: 3 positive, 0 negative, 0 neutral.
Dividend · Rs 0.96 · XD Oct 9, 2026
Second Interim dividend of LKR 0.96/share; XD 2026-10-09; record 2026-10-12; payable 2026-10-22; FY 2026/2027
Colombo stock market ended the week marginally lower (ASPI down 0.09% to 21,037.35) with subdued investor sentiment ahead of next Wednesday's Central Bank Monetary Policy announcement; market turnover was below Rs.815m and foreign investors were net sellers of Rs.193.3m.
Colombo Stock Exchange closed marginally down with the ASPI slipping 0.09% to 21,066.89 on turnover of Rs1.31bn. Institutional crossings supported positions in PickMe, Access Engineering, Dipped Products and Sampath Bank, while Harischandra Mills appointed a new chair effective Sep 23, 2026.
Colombo Stock Exchange closed marginally down, the ASPI fell 0.09% to 21,066.89 with market turnover at Rs1.31 billion. Institutional crossings were seen in PickMe, Access Engineering, Dipped Products and Sampath Bank; notable contributors included Carson Cumberbatch, Commercial Bank, Hayleys and Lion Brewery, and Harischandra Mills appointed a new chairperson.
Sri Lanka's ASPI closed up 0.15% at 21,085.15 as positive sentiment followed a rating hike; turnover was Rs 1.32bn. Top contributors included Commercial Bank, Dialog Axiata, HNB and Hemas, while Carson Cumberbatch, Hayleys and Lion Brewery were among laggards; trades noted in Maharaja Foods, DIMO, Dipped Products and Browns Investments.
Colombo Stock Exchange traded lower on Thursday morning with the ASPI down 0.09% (19.83 pts) to 21,446.17 and the S&P SL20 at 6,033.71. Market turnover was LKR 161.13m, led by banks (LKR 75.31m); ACL, Teejay and Cargills Bank were top positives while Melstacorp, Royal Ceramics, Hemas and Dipped Products were top negatives.
The Colombo ASPI rose 0.33% (69.47 pts) to 21,395.11 as investor sentiment improved after weekly T‑Bill yields fell; turnover was over Rs.2.4bn and foreign investors were net buyers of Rs.68.3mn. Top positive contributors included CINS, HAYC, RCL, DIPD and AEL, while JKH, BIL, BREW, HNB and CARS weighed on the index.
Colombo Stock Exchange rose: ASPI +0.33% to 21,395.11 and S&P SL20 +0.40% to 6,007.23, with turnover Rs 2.45 bn. Top gainers included Haycarb, Royal Ceramics, Dipped Products, Access Engineering and Dialog Axiata; HNB, Pan Asia, DFCC and SANASA Development Bank were laggards. Maharaja Foods issued an addendum setting an EGM on Sep 25, 2026 for its proposed scrip dividend.
Colombo bourse edged up as the ASPI rose 0.03% to 21,325.64 on turnover of over Rs.1.2bn; banks led activity while geopolitical tensions and higher global oil prices weighed on sentiment and foreigners were net sellers of Rs.7.2m.
Colombo Stock Exchange closed marginally up, ASPI +0.03% at 21,325.64 on Rs1.28bn turnover; banks led turnover. Top contributors included Ceylinco Insurance, Haycarb, Dipped Products and National Development Bank, while Browns Investments, Carson Cumberbatch, Melstacorp and Hemas were laggards; Hunas announced a strategic partnership with Tokyo-based CCH Inc.
Manufacturing export conditions weakened in August as apparel, tea and coconut-based product shipments fell, although merchandise exports remained higher over January-August. Exporters also reported certification delays, cost pressures and cheaper imported rubber undermining local value addition. Oil-price swings added uncertainty to energy and transport inputs, while industry proposals continued to stress higher-value agrifood processing, traceability and mechanisation.
Auto-generated from 16 sector news articles over 14 days. Not investment advice.