Hatton Plantations PLC

HPL.N0000Undervalued

Plantations & Agriculture · Agricultural Commodities/Milling

Hatton Plantations PLC is a Sri Lanka-based tea producer engaged in the cultivation, manufacture and sale of orthodox and CTC pure Ceylon tea for domestic and international markets.

HPL shares are down 27.0% over the past year and last closed at Rs 23.50 on Sep 30, 2026.

Rs 23.50
+0.00%
Price history
-27.02%

Monthly seasonality

Monthly total returns by year and calendar month
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026+5.8-8.4-8.0+12.2-1.9+2.8-3.5-0.4-4.8+0.0+0.0+0.0
2025+6.7-11.9-0.7+2.9-0.3-1.4+4.2-1.4+10.0-4.4-9.8-6.5
2024+0.0-11.1+2.7-3.4-1.2-2.8-6.1+0.0+11.7+8.2+0.7+7.1
2023+3.7-1.2-24.8+9.7-2.5+13.6+27.1-7.3+9.4-0.3-1.4+1.4
2022-6.3-16.9-13.3+16.5+32.3-13.7+99.1+69.3-0.5-15.0-14.0-13.4
2021+5.1-13.5-5.6+2.4+14.9-5.0+7.4-8.8+5.4+9.2-3.7+22.3
2020-12.9-3.3-28.8+0.0+0.0+3.3+6.5+19.7+17.7-1.1+1.1+6.5
2019+1.4-2.8-8.7+0.0+23.8+1.3-2.5-1.3-7.9+1.4+8.5-9.1
2018+0.0+0.0+6.8+6.3-6.0-5.1+4.0-9.0+0.0-1.4-5.7+6.1
Average+0.4-8.6-8.9+5.8+7.4-0.8+15.1+6.8+4.6-0.4-3.0+1.8
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+2.6-9.7-8.0+4.6-0.8-1.4+4.2-1.3+5.4-0.7-2.6+3.7
% up63%0%22%75%38%44%67%22%56%38%38%63%
P/E
7.4
P/B
1.02
EPS
Rs 3.18
Div Yield
4.26%
Market Cap
Rs 5.6B
Beta
0.05
ROE
13.9%
Op Margin
9.4% (+2.6pp)

Fundamentals

LineFY2026FY2025FY2024FY2023FY2022
Revenue
Rs 8.1B
+5.2%
Rs 7.7B
-0.2%
Rs 7.7B
+0.2%
Rs 7.7B
+42.9%
Rs 5.4B
Operating profit
Rs 1.0B
-1.2%
Rs 1.1B
-9.3%
Rs 1.2B
-44.1%
Rs 2.1B
+359.7%
Rs 454.6M
Net profit
Rs 726.2M
+1.0%
Rs 718.9M
-19.7%
Rs 894.6M
-46.4%
Rs 1.7B
+213.4%
Rs 532.8M
EPS
3.06
+1.0%
3.03
-19.8%
3.78
-46.4%
7.05
+213.3%
2.25

Compared with the same period a year earlier.

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

Recent dividends

  • 2026 · second interimRs 1.00
  • 2026 · first interimRs 1.00
  • 2025 · first interimRs 1.00
  • 2024 · second interimRs 2.00
  • 2024 · first interimRs 1.00
  • 2023 · second interimRs 0.50
  • 2023 · first interimRs 1.00
  • 2022 · first interimRs 0.50
Peer comparison9 peers in Plantations & Agriculture
Rs 46.40
P/E
19.3
P/B
15.76
ROE
81.75%
Yield
5.39%
Rs 66.10
P/E
8.4
P/B
1.27
ROE
15.44%
Yield
3.03%
Rs 175.00
P/E
7.3
P/B
1.18
ROE
16.11%
Yield
4.00%
P/E
36.3
P/B
1.85
ROE
4.91%
Yield
0.21%
Rs 50.10
P/E
9.5
P/B
1.40
ROE
14.80%
Yield
1.50%
Rs 13.50
P/E
21.8
P/B
1.61
ROE
7.58%
Yield
3.70%
Rs 141.00
P/E
6.9
P/B
0.87
ROE
12.50%
Yield
6.60%
P/E
10.3
P/B
1.22
ROE
13.24%
Yield
8.58%
HPL.N0000 · this company
Rs 23.50
P/E
7.4
P/B
1.02
ROE
13.90%
Yield
4.26%
Peer median · 9 companies
P/E 9.5P/B 1.27Yield 4.00%

About Hatton Plantations PLC

Hatton Plantations PLC is a Sri Lanka-based tea producer engaged in the cultivation, manufacture and sale of orthodox and CTC pure Ceylon tea for domestic and international markets. The Company operates planted tea estates, ISO/HACCP certified factories and associated infrastructure to process green leaf into finished teas, selling the majority of its produce through brokers at the Colombo Tea Auction. Its operations encompass estate agriculture, bought‑leaf procurement from local smallholders, factory processing and marketing under its distinct garden selling marks, and managed commercial forestry on land unsuited for tea. HPL’s estates and factories hold multiple industry certifications including Rainforest Alliance, Ethical Tea Partnership, Fair Trade and ISO 22000, and the Company sources bought‑leaf locally from over 100 suppliers within a 30 km radius of its factories. During the period covered by the supplied report, Lotus Renewable Energy (Private) Limited acquired the controlling stake in HPL; LREG is described in the report as a multinational renewable energy company with operations across India, Singapore and Australia and experience managing plantation estates in Sri Lanka.

AI analysis

neutral

Hatton Plantations grew quarterly operating profit 46.8% year-on-year, but its latest margins remain among its weakest historical readings.

Read the full report (Aug 8, 2026) →

News sentiment

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

No scored news in the last 30 days.

24 months positive negative 3-month net
Dec 24: 2 articles, net +0.50Jun 25: 1 articles, net -1.00Jan 26: 1 articles, net -1.00May 26: 4 articles, net +0.50Jun 24Oct 24Feb 25Jun 25Oct 25Feb 26
Recent news
View all news →
EconomyNext·May 8, 2026·Market commentary
Sri Lanka stocks close up after volatile session

Sri Lanka's ASPI closed up 0.29% (66.12 points) at 23,063 after a volatile session that briefly breached 23,000. Hayleys and Dialog were top positive contributors, and Hatton Plantations said Durga Infra bought 10,245,384 shares and now holds 12.5%.

Daily FT·Nov 25, 2025·M&A / stake change
Lotus Renewable offloads 4.6% of Hatton Plantations for Rs. 297.7 m

Lotus Renewable sold 10,903,500 shares (4.61% of issued ordinary shares) in Hatton Plantations to Durga Infra for Rs. 297.7m (Rs. 27.30/share) on 21 Nov; the board was notified on 24 Nov 2025. Hatton closed at Rs. 28.10, down Rs. 0.40, and reported NAV Rs. 21.47/share at end-Sep 2025.

Tea & Plantation Crops
Daily FT·Oct 30, 2025·M&A / stake change
Lotus Renewable sells partial Hatton Plantations stake for Rs. 248 m

Hatton Plantations PLC said parent Lotus Renewable Energy sold 8.4m ordinary shares (3.56% of issued) to Durga Infra for Rs.247.9m (Rs.29.40/share). Lotus remains top shareholder (75.65% as of 30 June 2025) and HPL's NAV per share was Rs.21.64 on that date.

Tea & Plantation Crops

Plantations & Agriculture sector: what is happening

Last 14 days to Sep 30, 2026

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.