EquityLK

Dankotuwa Porcelain Ltd.

DPL.N0000Overvalued

Manufacturing · Home Furnishings

Dankotuwa Porcelain PLC manufactures and markets porcelain tableware for both the Sri Lankan domestic market and international customers. The company's core activities cover design, production and sales of porcelain tableware through national and export channels.

DPL shares are down 35.4% over the past year and last closed at Rs 12.60 on Sep 30, 2026.

Rs 12.60
-3.08%
Price history
-35.38%

Monthly seasonality

Monthly total returns by year and calendar month
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026+11.8-8.4-12.6+10.5-1.2-7.8-4.6-8.9-6.0+0.0+0.0+0.0
2025+16.7-17.2+6.2-0.4-8.8-1.4+6.5+10.5-23.7+2.1-9.1-5.0
2024-3.3+3.0+19.6+1.6-4.7-5.0-5.7-3.7+6.2-4.5+2.8+7.3
2023+1.6-3.6-15.0+2.0+5.8+15.9+3.9+1.1-5.2-16.1-1.4+0.0
2022+6.7-13.7-36.2-6.8+9.8+11.1+14.0+41.2+69.6+11.4-13.5-6.8
2021+26.7-10.5-14.3+9.8+5.4+7.6+11.0+5.0-5.4+4.3+1.4+1.4
2020-6.3-13.3-24.6+0.0+0.0+10.5+15.9+5.5+67.5-20.2+3.9-1.9
2019-4.6-3.2-11.7+1.9-5.6+2.0+46.2-6.6-4.2+11.8+9.2-3.6
2018+3.9-5.0-9.2+4.3+0.0-12.5+4.8+1.5+4.5-1.4-4.3-1.5
2017-2.8-10.1-3.2+30.0+6.4-1.2+19.5-11.2+5.7-2.2-13.3-1.3
2016-8.1-7.6-4.1+17.1-2.4-13.7+13.0+2.6-2.5-5.1-1.4-2.7
2015+6.2-7.1-21.7+13.4-2.4-8.1+5.3-9.2-7.3+2.0-14.6-2.3
2014+3.1-10.5-3.4+3.5-2.5+2.6+4.2+8.9+3.7+12.9-8.9+0.7
2013+4.9-19.3+0.0+19.6+3.6-16.4-6.3-12.7+11.1+10.8-10.4+0.0
2012+0.0+0.0+0.0-12.3-37.1+41.1-1.6+18.4+37.2-16.3-20.0+19.9
Average+4.0-9.1-9.3+6.7-2.4+1.7+8.4+2.8+10.1-0.8-5.7+0.3
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+3.5-9.3-10.4+3.9-1.8-1.2+5.3+1.5+3.7+0.3-6.6-1.4
% up64%7%14%79%36%47%73%60%53%50%29%29%
P/E
-
P/B
0.94
EPS
Rs -3.74
Div Yield
0.00%
Market Cap
Rs 2.0B
Beta
0.82
ROE
-26.0%
Op Margin
-17.2% (-0.5pp)

Fundamentals

LineFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Revenue
Rs 4.0B
+3.3%
Rs 3.9B
-38.4%
Rs 6.2B
+5.7%
Rs 5.9B
+57.2%
Rs 3.8B
+54.7%
Rs 2.4B
+8.9%
Rs 2.2B
+2.8%
Rs 2.2B
+4.3%
Operating profit
Rs -553.9M
Rs -991.7M
Rs 820.8M
-29.7%
Rs 1.2B
+284.7%
Rs 303.6M
Rs -283.2M
Rs -248.3M
Rs 190.7M
Net profit
Rs -610.5M
loss narrowed
Rs -869.2M
fell into loss
Rs 367.9M
-45.8%
Rs 679.3M
+258.5%
Rs 189.5M
turned profitable
Rs -397.8M
loss widened
Rs -224.1M
fell into loss
Rs 366.3M
+10,429.4%
EPS
-3.74
-5.34
2.28
-44.8%
4.13
+241.3%
1.21
-2.39
-1.39
2.22
+11,000.0%

Compared with the same period a year earlier.

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

Recent dividends

  • 2013Rs 0.40
Sector comparisonManufacturing · 29 companies
Sector overview Open in screener
1ACL Cables PLC
ACL.N0000
Rs 92.00
P/E
10.4
P/B
1.70
ROE
17.50%
Yield
0.54%
2Haycarb PLC
HAYC.N0000
Rs 210.25
P/E
14.9
P/B
2.02
ROE
13.60%
Yield
2.05%
3PGP Glass Ceylon PLC
GLAS.N0000
Rs 55.30
P/E
12.4
P/B
3.29
ROE
26.54%
Yield
5.39%
4Chevron Lubricants Lanka Plc
LLUB.N0000
Rs 206.00
P/E
10.4
P/B
5.01
ROE
47.93%
Yield
5.83%
5Dipped Products PLC
DIPD.N0000
Rs 59.30
P/E
9.2
P/B
0.99
ROE
10.82%
Yield
3.79%
6Teejay Lanka Plc
TJL.N0000
Rs 29.90
P/E
-
P/B
0.64
ROE
-1.86%
Yield
7.83%
7Kelani Cables Limited
KCAB.N0000
Rs 98.60
P/E
9.0
P/B
1.35
ROE
15.37%
Yield
1.62%
8Sierra Cables PLC
SIRA.N0000
Rs 35.20
P/E
6.4
P/B
1.97
ROE
30.68%
Yield
0.00%
25Dankotuwa Porcelain Ltd.
DPL.N0000 · this company
Rs 12.60
P/E
-
P/B
0.94
ROE
-26.03%
Yield
0.00%
Sector median · 29 companies
P/E 12.0P/B 1.63Yield 2.05%

About Dankotuwa Porcelain Ltd.

Dankotuwa Porcelain PLC manufactures and markets porcelain tableware for both the Sri Lankan domestic market and international customers. The company's core activities cover design, production and sales of porcelain tableware through national and export channels. The Group includes Dankotuwa Porcelain PLC and its subsidiary Royal Fernwood Porcelain Limited, with reporting and operations split between national (domestic) sales and international sales serving major markets such as India, the US and Europe; the Group is also pursuing further market expansion in regions including ASEAN and the Middle East. The company emphasises environmental and governance standards and has implemented ISO 14001 environmental management procedures and achieved workplace recognition such as Great Place to Work; strategic priorities include modernising manufacturing capabilities and diversifying the product portfolio to target higher-value and regional markets.

Exporters

AI analysis

bearish

Evidence points bearish because the business remains loss-making and debt equals 145.2% of equity. The counterweight is a P/B of 0.96.

Read the full report (Sep 25, 2026) →

News sentiment

Describes news flow, not a forecast
Last 30 days
Not enough news to read

2 articles in 30 days: 0 positive, 0 negative, 2 neutral.

24 months positive negative 3-month net
Oct 25: 2 articles, net +1.00Feb 26: 2 articles, net +0.50Jul 26: 1 articles, net -1.00Oct 24Feb 25Jun 25Oct 25Feb 26Jun 26
Recent news
View all news →
Daily FT·Feb 3, 2026·Management or board changePositive
Dankotuwa Porcelain appoints Miyuru Rajapakshe as CEO

Dankotuwa Porcelain PLC appointed Miyuru Rajapakshe as Chief Executive Officer. Rajapakshe, formerly COO with nine years' association with the company and prior roles at Ambeon Holdings and Ceylon Tobacco, holds an MBA and a Lean/Six Sigma Black Belt and brings extensive operational and manufacturing experience.

Consumer Staples (FMCG)
Ada Derana·Dec 12, 2025·Other
Former KPMG Sri Lanka Head Rajan Asirwatham Passes Away

Rajan Asirwatham, former Senior Partner and Country Head of KPMG Sri Lanka (1961–2008), has passed away. He served as a director of several listed firms including Aitken Spence PLC, CIC Holdings PLC and Dankotuwa Porcelain Ltd.

Tourism
Daily FT·Nov 11, 2025·Management or board change
Myland makes three new Board appointments

Myland Developments PLC appointed Savanth Sebastian and Ravi Goonetilleke as Independent Non‑Executive Directors and Dr. Kanchana Narangoda as an Executive Director. The appointees bring experience and links to firms including Ambeon Capital, Colombo City Holdings, Dankotuwa Porcelain, Hemas and Nations Trust Bank.

Daily FT·Oct 27, 2025·M&A / stake changePositive
Dankotuwa Porcelain nearly triples public holding to 35%

Dankotuwa Porcelain (DPL) increased its public shareholding to 34.98% as of 30 Sep 2025, up from 12.57% three months earlier. The float rose after Ambeon Holdings divested its 22.41% stake; float-adjusted market cap rose to Rs.1.08bn and public shareholders to 6,532.

Manufacturing sector: what is happening

Last 14 days to Sep 30, 2026

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.

The stories behind it

Auto-generated from 16 sector news articles over 14 days. Not investment advice.