Hayleys Fibre PLC

HEXP.N0000Overvalued

Manufacturing · Miscellaneous Manufacturing

Hayleys Fibre PLC manufactures and exports traditional coir products and related fibre-based goods, supplying international markets with coir fibre, pith and finished coir items.

HEXP shares are up 60.5% over the past year and last closed at Rs 152.50 on Sep 30, 2026.

Rs 152.50
+4.63%
Price history
+60.53%

Monthly seasonality

Monthly total returns by year and calendar month
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026+20.4+28.1-22.6+7.9+13.2+20.3-3.1+7.1-9.5+0.0+0.0+0.0
2025-1.8-5.5-11.5+8.3-3.2+0.2+6.2+109.6-11.6-3.2-15.1+19.1
2024-0.8-1.8+6.1+0.8+0.8+3.0-7.5-4.8+6.5+3.7-3.2+9.2
2023-5.2-0.7-8.1+1.6+9.8+2.0+14.2-7.7-0.3-6.7-8.0-2.1
2022-4.8-13.8-14.4-11.5+16.2+7.4+7.7+18.0+3.3-7.2-26.3+3.6
2021+60.7-30.6-10.2+0.8+5.2+2.2+58.7-8.4-1.7-7.1-0.7+18.4
2020+17.9-4.5-17.1+0.0+0.0-3.8+5.4+4.5+5.0+17.7+1.3+3.4
2019+41.9-17.3+2.2-4.6+6.0+2.3+13.1-7.7-3.0+4.8-4.2+1.9
2018-0.3-0.8-4.4+3.0-4.0-7.3+4.3-2.5-4.7+12.1+11.9-8.2
2017+4.0-6.1-24.5+42.2+2.4-8.6+0.4-8.5-1.5+11.3-5.8+0.8
2016-1.0-17.6-20.4+50.1+19.8-16.1+59.2-0.9+8.0-3.0-9.5-7.4
2015+3.5-5.9-4.3+10.8-1.1-5.7+14.1-3.8-0.2+47.4-3.3-7.8
2014+30.0-11.7-6.6+12.3-6.3+27.7+15.8-4.1+18.5+1.3-12.7+1.7
2013+11.1-8.7+2.1-3.8+11.1-9.7+1.1-8.1+2.3+3.4-5.8-3.5
2012+0.0+0.0+0.0-9.7-8.4-14.6+11.8+1.3+38.5-3.1-19.4+12.0
Average+12.5-6.9-9.6+7.7+4.4-0.1+13.4+5.6+3.3+5.1-7.2+2.9
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+3.8-6.0-9.1+2.3+3.8+0.2+7.7-3.8-0.2+2.3-5.8+1.8
% up57%7%21%71%64%53%87%33%47%57%14%64%
P/E
17.9
P/B
2.28
EPS
Rs 8.53
Div Yield
0.00%
Market Cap
Rs 3.7B
Beta
2.75
ROE
12.8%
Op Margin
8.5% (+0.7pp)

Fundamentals

LineFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Revenue
Rs 6.9B
+44.6%
Rs 4.8B
-7.3%
Rs 5.1B
+16.8%
Rs 4.4B
+18.7%
Rs 3.7B
+84.9%
Rs 2.0B
+153.4%
Rs 789.6M
-10.9%
Rs 886.1M
Operating profit
Rs 498.5M
+342.5%
Rs 112.7M
-51.5%
Rs 232.4M
-56.6%
Rs 534.9M
+57.9%
Rs 338.7M
+28.0%
Rs 264.6M
+207.2%
Rs 86.1M
+11.5%
Rs 77.2M
Net profit
Rs 264.4M
+668.5%
Rs 34.4M
-41.2%
Rs 58.5M
-84.8%
Rs 384.2M
+13.1%
Rs 339.7M
+39.7%
Rs 243.2M
+66.3%
Rs 146.3M
+0.8%
Rs 145.1M
EPS
7.13
-1.78
-1.05
12.43
+50.7%
8.25
+33.9%
6.16
-66.3%
18.27
+0.7%
18.14

Compared with the same period a year earlier.

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

Recent dividends

  • 2023 · third interimRs 0.50
  • 2022 · second interimRs 1.00
  • 2023 · first interimRs 2.00
  • 2022 · finalRs 0.30
  • 2022 · third interimRs 0.50
  • 2022 · second interimRs 0.75
  • 2022 · first interimRs 1.00
  • 2021 · finalRs 1.75
Peer comparison1 peer in Manufacturing
Rs 17.50
P/E
41.7
P/B
1.19
ROE
2.85%
Yield
2.86%
HEXP.N0000 · this company
Rs 152.50
P/E
17.9
P/B
2.28
ROE
12.78%
Yield
0.00%
Sector median · 29 companies
P/E 12.0P/B 1.63Yield 2.05%

About Hayleys Fibre PLC

Hayleys Fibre PLC manufactures and exports traditional coir products and related fibre-based goods, supplying international markets with coir fibre, pith and finished coir items. The company develops value-added products such as customised growing media mixes and other horticultural substrates, and operates production facilities including a fibre and pith extraction mill in Madampe to support backward integration and raw material supply. The company has diversified into adjacent product lines through investments and affiliates, including a stake in Creative Polymats (Pvt) Ltd to manufacture PU foam mattresses and related upholstery products for the domestic market, and a joint venture, Bonterra Limited, which focuses on low-cost environmental applications and jute geotextiles. Hayleys Fibre maintains marketing offices in the Netherlands, the United Kingdom, the United States and Japan and exports to a wide range of destinations, having entered markets such as China, Kenya, Romania and Colombia.

AI analysis

bearish

Hayleys Fibre has recovered with 34.0% quarterly revenue growth, but the shares sit in the CSE's Overvalued band. Debt and weak cash generation remain the central tension.

Read the full report (Sep 5, 2026) →

News sentiment

Describes news flow, not a forecast
Last 30 days
Positive news flow

3 articles in 30 days: 0 positive, 0 negative, 3 neutral.

24 months positive negative 3-month net
Nov 24: 1 articles, net +1.00Apr 25: 1 articles, net -1.00May 25: 1 articles, net +1.00Mar 26: 1 articles, net +1.00May 26: 1 articles, net +1.00Oct 24Feb 25Jun 25Oct 25Feb 26Jun 26
Recent news
View all news →
Daily FT·Sep 11, 2026·Management or board change
Sampath Bank appoints Dilip de S. Wijeyeratne as Deputy Chairman

Sampath Bank appointed Dilip de S. Wijeyeratne as Deputy Chairman effective 10 September 2026. Wijeyeratne, a senior banking and finance professional with nearly eight years at Sampath Bank and roles at Singer, Hayleys Fibre and Janashakthi Insurance, will support the bank's strategic, data and AI initiatives.

IT & Digital
EconomyNext·Sep 11, 2026·Management or board change
Sri Lanka's Sampath Bank appoints Dilip de S Wijeyeratne deputy chairman

Sampath Bank appointed Dilip de S Wijeyeratne as deputy chairman, effective Sept 10. Wijeyeratne, who has been with Sampath since 2018 and holds directorships at Singer, Hayleys Fibre and Janashakthi Insurance, will support the bank's push on data-driven decision-making and AI.

Daily FT·Sep 2, 2026·Management or board change
Economist Anushka Wijesinha joins Hayleys Fibre Board

Hayleys Fibre PLC appointed economist Anushka Wijesinha as an Independent Non-Executive Director. He currently serves on the Central Bank Monetary Policy Board and has held past directorships at Seylan Bank PLC and HNB Finance Plc.

Ada Derana·Jun 25, 2026·Promotional / marketingPositive
Thailand–Sri Lanka Business Forum Charts New Pathways for Trade, Investment and Regional Growth

The Thailand–Sri Lanka Business Forum centred on implementing the Sri Lanka–Thailand FTA to boost trade and investment after bilateral trade reached USD 649m in 2025 (+48% vs 2024). Delegates highlighted opportunities in logistics, manufacturing, food and agriculture, IT, healthcare and tourism and urged streamlined customs and predictable FTA implementation.

Exporters
Daily FT·Jun 24, 2026·Market commentaryPositive
CSE marginally up on subdued sentiment

The ASPI edged up 0.01% to 22,256.49 with turnover above Rs.1.56bn and foreign investors net-selling Rs.225mn. Hemas, NDB and Hayleys Fibre were top turnover contributors (Hemas and Hayleys up, Panasian Power down).

Daily FT·Jun 23, 2026·Promotional / marketingPositive
Sri Lanka, Thailand eye FTA-led trade boost as Business Council marks 25 years

Sri Lanka and Thailand plan to deepen trade and investment using the Sri Lanka–Thailand FTA and enhanced B2B engagement, targeting tourism, hospitality, food processing, agriculture, logistics and other sectors to boost bilateral ties and supply‑chain links.

ExportersTourism

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.

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