Plantations & Agriculture · Agricultural Commodities/Milling
Elpitiya Plantations PLC is a Sri Lanka-based regional plantation company managing over 8,800 hectares across 13 estates and engaged primarily in the production and processing of tea, rubber and oil palm.
ELPL shares are down 18.2% over the past year and last closed at Rs 175.00 on Sep 30, 2026.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +6.7 | +2.8 | -9.7 | +13.6 | +0.8 | -2.0 | -4.9 | +3.0 | -2.6 | +0.0 | +0.0 | +0.0 |
| 2025 | +12.8 | -11.4 | -1.1 | +5.9 | +4.2 | +0.0 | +23.8 | +8.5 | +18.2 | -4.6 | -11.7 | -5.2 |
| 2024 | +1.8 | +6.4 | +13.9 | +17.4 | -10.6 | -4.5 | -6.7 | -6.1 | +8.7 | +12.7 | -2.4 | +8.2 |
| 2023 | -3.0 | -2.9 | -2.4 | -3.2 | -3.0 | +12.6 | +13.1 | -1.3 | -4.1 | -6.6 | -1.3 | +3.7 |
| 2022 | +6.0 | -21.4 | -44.0 | +5.9 | +18.8 | -18.2 | +33.2 | +7.9 | -4.8 | -8.3 | -8.3 | +3.3 |
| 2021 | +14.0 | -15.1 | -4.2 | -8.8 | +9.9 | -2.8 | +28.3 | +15.0 | +9.7 | +40.9 | +14.8 | +36.4 |
| 2020 | -7.4 | -8.6 | -21.9 | +0.0 | +0.0 | +4.0 | +3.9 | +36.4 | +45.1 | +9.7 | +4.7 | +9.4 |
| 2019 | +8.6 | -9.8 | -2.6 | +0.5 | -5.3 | +2.8 | +15.7 | -5.1 | -3.9 | +4.6 | -5.9 | -1.6 |
| 2018 | -2.7 | -1.1 | -3.9 | +5.2 | -7.4 | -15.9 | -8.1 | -2.0 | +3.0 | -1.5 | +3.0 | -5.3 |
| 2017 | +12.9 | -4.8 | -5.5 | +22.2 | +26.8 | -11.9 | +12.8 | -3.4 | +3.2 | +6.9 | -6.5 | +1.0 |
| 2016 | -3.5 | +0.0 | +2.6 | +7.5 | +6.5 | -12.7 | +0.0 | +2.0 | -2.0 | -7.0 | -5.9 | +6.3 |
| 2015 | +1.3 | -2.2 | -11.1 | +2.5 | +3.9 | +0.9 | +11.6 | -8.3 | +5.9 | -7.7 | -4.2 | -1.9 |
| 2014 | +5.4 | -5.7 | +0.6 | +6.0 | +6.8 | +5.3 | +21.2 | +12.5 | -8.1 | +6.5 | -15.2 | +1.3 |
| 2013 | +0.0 | -5.9 | -1.1 | +5.8 | +3.3 | +0.5 | -10.1 | -11.8 | -0.7 | +3.4 | +8.4 | -0.6 |
| 2012 | +0.0 | +0.0 | +0.0 | -29.7 | -30.0 | +44.0 | +6.9 | +2.9 | +59.7 | -18.7 | -9.1 | +8.8 |
| Average | +3.8 | -5.7 | -6.5 | +3.6 | +1.8 | +0.1 | +9.4 | +3.3 | +8.5 | +2.2 | -2.8 | +4.6 |
| 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 | +3.6 | -5.2 | -3.2 | +5.8 | +3.6 | +0.0 | +11.6 | +2.0 | +3.0 | +0.9 | -5.0 | +2.3 |
| % up | 64% | 14% | 21% | 79% | 64% | 47% | 67% | 53% | 53% | 50% | 29% | 64% |
| Line | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | Rs 9.1B +18.0% | Rs 7.7B +6.8% | Rs 7.2B -13.7% | Rs 8.3B +63.8% | Rs 5.1B +25.5% | Rs 4.1B +22.8% | Rs 3.3B -6.8% | Rs 3.5B -2.3% |
| Operating profit | Rs 1.9B +4.7% | Rs 1.8B +10.7% | Rs 1.6B -35.2% | Rs 2.5B +77.1% | Rs 1.4B +82.1% | Rs 771.7M +135.9% | Rs 327.2M -39.5% | Rs 540.8M -17.4% |
| Net profit | Rs 1.7B +27.0% | Rs 1.3B -15.1% | Rs 1.6B -14.5% | Rs 1.8B +19.5% | Rs 1.5B +75.2% | Rs 875.0M +184.3% | Rs 307.7M -29.9% | Rs 438.7M +30.8% |
| EPS | 23.17 +27.0% | 18.24 -15.1% | 21.49 -14.5% | 25.13 +19.5% | 21.03 +75.1% | 12.01 +184.6% | 4.22 -29.9% | 6.02 +30.9% |
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 | WATA.N0000 | 46.40 | Rs 47.2B | 19.3 | 15.76 | 2.41 | 81.75% | 5.39% |
| 2 | NAMU.N0000 | 66.10 | Rs 15.7B | 8.4 | 1.27 | 7.91 | 15.44% | 3.03% |
| 3 | ELPL.N0000 · this company | 175.00 | Rs 12.8B | 7.3 | 1.18 | 23.92 | 16.11% | 4.00% |
| 4 | MAL.N0000 | 57.00 | Rs 12.2B | 36.3 | 1.85 | 1.57 | 4.91% | 0.21% |
| 5 | AGAL.N0000 | 50.10 | Rs 7.8B | 9.5 | 1.40 | 5.30 | 14.80% | 1.50% |
| 6 | AGPL.N0000 | 13.50 | Rs 6.8B | 21.8 | 1.61 | 0.62 | 7.58% | 3.70% |
| 7 | TPL.N0000 | 141.00 | Rs 6.7B | 6.9 | 0.87 | 20.38 | 12.50% | 6.60% |
| 8 | BOPL.N0000 | 69.90 | Rs 5.9B | 10.3 | 1.22 | 6.78 | 13.24% | 8.58% |
| Peer median · 9 companies | - | - | 9.5 | 1.27 | - | - | 4.26% |
Elpitiya Plantations PLC is a Sri Lanka-based regional plantation company managing over 8,800 hectares across 13 estates and engaged primarily in the production and processing of tea, rubber and oil palm. The Group also operates manufacturing and value-added activities tied to its agribusiness operations and runs renewable energy assets on its estate portfolio. The business is structured around two core Strategic Business Units: Agribusiness, which covers core plantation crops and associated processing (including tea, rubber, oil palm, cinnamon, timber and other crops) and Diversified Business, which develops new ventures beyond traditional plantations. The Group cultivates 1,772 hectares of tea, 509 hectares of rubber and 1,709 hectares of oil palm, and runs high-value horticulture under polytunnels and a portfolio of over 75 value-added product SKUs. Diversified activities include renewable energy (two hydropower plants and 6,224 solar panels totalling 2,600 kW installed capacity), sustainable forestry, regenerative/ecotourism initiatives, specialty crops and international agricultural ventures, with operations and estate activities conducted across Sri Lanka.
Elpitiya Plantations delivered profit growth despite lower revenue in the latest quarter. The main tension is stronger margins against softer price momentum.
Read the full report (Aug 16, 2026) →No scored news in the last 30 days.
Elpitiya Plantations PLC held the Xcellence Executive Awards on 25 Aug 2026 at Cinnamon Grand Colombo, recognising staff and estates for 2024/25 and 2025/26 performance; Dunsinane Estate won the Bhathiya Bulumulla Memorial Award, and Talgaswella and New Peacock received Star of Elpitiya awards.
UN Global Compact Network Sri Lanka held CATALYZE 2026: Social on 24 June to mobilize businesses on social sustainability and responsible leadership; participants and partners included Jetwing Symphony PLC, Lighthouse Hotel PLC, Hemas Holdings, Commercial Bank, Sampath Bank and Elpitiya Plantations.
Available evidence finds Sri Lanka's oil palm (≈10,400 ha, established on degraded/marginal low-country land, not via forest conversion) does not inherently cause greater soil degradation or erosion than tea, rubber or coconut when good management and organic-matter recycling are applied.
UN Global Compact Network Sri Lanka held CATALYZE 2026: Social on 24 June with Jetwing Symphony/Lighthouse Hotel PLC Chairman Hiran Cooray as a keynote speaker. Listed partners and patrons included Elpitiya Plantations, Hemas Holdings, Commercial Bank and Sampath Bank.
Dividend · Rs 7.00 · XD Jun 30, 2026
First And Final dividend of LKR 7/share; XD 2026-06-30; record 2026-06-30; payable 2026-07-17; FY ended 31st March 2026
CMA Sri Lanka launched national Cost Accounting Standards to strengthen costing, control and reporting across large and medium public and private institutions; the standards prioritize sectors including power, telecom, manufacturing, drugs and agricultural/tea exporters to improve efficiency, pricing transparency and competitiveness.
Colombo posted its biggest monthly gain since July 2025, with the ASPI up 7% and the S&P SL20 up 5.1% in April, with average daily turnover of Rs.3.66bn. Yesterday the indices fell (ASPI -0.38% to 22,550) on losses in John Keells, Sampath and Commercial Bank amid net foreign outflows of Rs.75mn.
Colombo Stock Exchange closed lower with the ASPI down 0.38% to 22,549.53 and market turnover at 3.44 billion rupees; capital goods led turnover (984.6 million). Lion Brewery and Watawala Plantations were top positive contributors while Dialog Axiata, John Keells and Commercial Bank were top negatives; Brent rose above $113.
Watawala Plantations and regional plantation companies are preparing to expand palm oil cultivation if the seven-year ban is lifted after a Plantations Ministry expert committee found no basis for the environmental or health concerns. Industry says private investors had committed about Rs.500m to expand 8,000 ha before the ban.
The Planters’ Association urged a sustainable electricity tariff framework as the CEB has proposed a 13.6% tariff hike for Q2 2026, warning it would raise production costs for tea and rubber processors and hurt export competitiveness. Plantation companies (eg. Talawakelle) are increasingly investing in solar, mini‑hydro and efficiency measures to reduce grid dependence.
Heavy August rain and cloud cover cut High Grown tea output to a 34-year monthly low, pulling national production below a year earlier. Tea exports weakened as August merchandise tea exports fell, while eight-month shipments and US dollar earnings declined amid higher freight and insurance costs and a lower average FOB. Sector bodies also pressed for productivity, mechanisation and value addition.
Auto-generated from 17 sector news articles over 14 days. Not investment advice.