Resus Energy Plc

HPWR.N0000Moderately overvalued

Power & Energy · Alternative Power Generation

Resus Energy PLC is a renewable energy company that develops, owns and operates power generation assets and supplies electricity to the national grid in Sri Lanka.

HPWR shares are down 3.3% over the past year and last closed at Rs 8.90 on Sep 30, 2026.

Rs 8.90
+1.14%
Price history
-3.26%

Monthly seasonality

Monthly total returns by year and calendar month
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026+18.0-7.3-6.9+7.4-2.9-4.0-3.2-2.2-1.1+0.0+0.0+0.0
2025+11.8-10.2-7.5+9.2+2.1-3.1+13.9+21.9+17.9+1.1+1.1-0.9
2024-5.3+2.1+20.7+20.0+7.1+4.4-6.0-2.3+6.0+21.8-4.7+5.3
2023+4.2+12.0-3.6-6.7-5.6+5.0+27.2-5.7+4.7-3.8-2.0+1.4
2022-7.5-18.9-33.7-29.6+2.1-16.1+29.2+2.6+4.9-11.1-8.8-3.2
2021+2.6-12.4+3.7-2.8+10.7-2.6-0.8+1.9-0.8+1.1+44.7+3.9
2020-4.0-3.3-13.8+0.0+0.0+21.7+4.8-1.5+13.1-1.7-2.2-0.7
2019-0.5+5.3+9.3+8.6+1.0+7.8+0.0+2.3+3.1+2.2+4.6+0.8
2018+5.0+10.5-5.7+4.5+2.4-9.9+9.4+8.1-2.7-4.5+14.3-12.5
2017-9.8+3.6-5.5+8.9-3.4+4.5+0.5-4.8+3.0-2.9+6.0-14.6
2016-6.8-6.0+1.4+7.2-2.9-3.0+4.9+2.1-7.1+4.0-11.6+4.9
2015+0.6-0.5+4.4+19.0+11.6-5.6+0.4-0.8-1.7+3.4+0.0+4.2
2014+3.4-5.5+3.5+1.1+5.6-5.8+0.0-1.1-3.4+2.9+2.3+0.6
2013+3.7-7.5-0.5-4.3+3.5-6.8-5.2+1.6-5.9+1.7-0.6-0.6
2012+0.0+0.0+0.0-3.6-17.0+3.4-1.1+7.2+17.1-9.3-0.5+7.4
Average+1.1-2.7-2.4+2.8+1.0-0.7+4.9+2.0+3.2+0.4+3.0-0.3
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+1.6-4.4-2.0+5.9+2.1-3.0+0.4+1.6+3.0+1.1-0.2+0.7
% up57%36%43%64%64%40%53%53%53%57%43%57%
P/E
24.7
P/B
1.46
EPS
Rs 0.36
Div Yield
1.74%
Market Cap
Rs 3.8B
Beta
-0.26
ROE
6.1%
Op Margin
50.6% (-9.2pp)

Fundamentals

LineFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Revenue
Rs 1.0B
-5.6%
Rs 1.1B
+10.7%
Rs 966.8M
-2.9%
Rs 995.8M
+18.8%
Rs 837.9M
+25.8%
Rs 666.3M
+22.1%
Rs 545.6M
+4.7%
Rs 521.1M
+27.5%
Operating profit
Rs 586.6M
-22.8%
Rs 759.9M
-5.1%
Rs 800.5M
+5.0%
Rs 762.2M
+22.2%
Rs 623.8M
+32.7%
Rs 470.0M
+25.9%
Rs 373.4M
+9.0%
Rs 342.7M
+38.1%
Net profit
Rs 157.0M
-27.0%
Rs 215.0M
-42.5%
Rs 373.9M
-9.5%
Rs 413.3M
-12.7%
Rs 473.3M
+43.3%
Rs 330.3M
+87.4%
Rs 176.3M
+8.3%
Rs 162.8M
+40.2%
EPS
0.36
-85.5%
2.49
-42.6%
4.34
-9.6%
4.80
-19.9%
5.99
+43.3%
4.18
+79.4%
2.33
+7.9%
2.16
+8.5%

Compared with the same period a year earlier.

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

Recent dividends

  • 2026 · first interimRs 0.75
  • 2025 · first interimRs 1.00
  • 2024 · first interimRs 1.25
  • 2023 · first interimRs 0.55
  • 2021 · first interimRs 0.75
  • 2019Rs 2.50
  • 2018Rs 1.50
  • 2015Rs 24.00
Peer comparison7 peers in Power & Energy
WIND.N0000
Rs 40.00
P/E
35.7
P/B
2.07
ROE
5.79%
Yield
0.00%
VLL.N0000
Rs 22.10
P/E
13.1
P/B
2.22
ROE
16.94%
Yield
2.26%
Rs 15.00
P/E
8.7
P/B
3.19
ROE
36.95%
Yield
4.00%
Rs 12.50
P/E
8.6
P/B
3.47
ROE
40.28%
Yield
1.43%
Rs 5.90
P/E
29.2
P/B
0.66
ROE
3.96%
Yield
0.00%
Rs 10.70
P/E
189.7
P/B
1.83
ROE
17.14%
Yield
0.00%
HPWR.N0000 · this company
Rs 8.90
P/E
24.7
P/B
1.46
ROE
6.11%
Yield
1.74%
Rs 11.40
P/E
-
P/B
1.89
ROE
-4.02%
Yield
6.84%
Peer median · 7 companies
P/E 21.1P/B 2.07Yield 1.43%

About Resus Energy Plc

Resus Energy PLC is a renewable energy company that develops, owns and operates power generation assets and supplies electricity to the national grid in Sri Lanka. The company focuses on clean generation using small hydropower and ground-mounted solar PV projects to contribute to the country’s renewable energy transition. Its portfolio stands at approximately 30 MW of capacity, comprising small hydropower plants and solar projects with an estimated annual energy production profile described in its reporting. Resus is headquartered in Sri Lanka and is pursuing further development domestically while exploring its first international project in East Africa, and evaluating additional technologies such as battery energy storage systems to support renewable integration.

AI analysis

bearish

Evidence points bearish because June profit fell 64.3%, despite a commissioned 2MW solar addition.

Read the full report (Sep 29, 2026) →

News sentiment

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

6 articles in 30 days: 6 positive, 0 negative, 0 neutral.

24 months positive negative 3-month net
Oct 24: 1 articles, net +1.00Jan 25: 3 articles, net +0.67Feb 25: 2 articles, net +1.00Jun 25: 5 articles, net +1.00Aug 25: 1 articles, net +1.00Sep 25: 1 articles, net +1.00Nov 25: 3 articles, net -0.17Jun 26: 1 articles, net -1.00Sep 26: 6 articles, net +1.00Oct 24Feb 25Jun 25Oct 25Feb 26Jun 26
Recent news
View all news →
EconomyNext·Sep 29, 2026·Major contract or orderPositive
Sri Lanka's Resus Energy bids for 16MW battery storage projects

Resus Energy PLC said two subsidiaries have submitted bids within the qualifying price range to install 16 MW (64 MWh) of battery energy storage systems under a government tender; estimated equity needed is Rs 650-800 million and awards are pending.

Renewable Energy
EconomyNext·Sep 29, 2026·Market commentaryPositive
Sri Lanka stocks trend down in morning trade; ASPI at 20,898

Colombo Stock Exchange morning trade saw the ASPI fall 0.21% to 20,898.92 with market turnover at 143.28 million rupees; banks led turnover. Resus Energy said two subsidiaries' bids for 16 MW / 64 MWh battery energy storage systems integrated with solar plants were awarded, with equity needs of 650-800 million rupees.

Renewable Energy
Daily FT·Sep 22, 2026·Capacity or capexPositive
Resus Energy commissions 2MW solar plant in Ampara

Resus Energy PLC commissioned a 2MW solar plant at Damana, Ampara and began commercial operations on 18 September 2026; the plant, developed by wholly-owned Resus Eastern Solar Ltd, is expected to supply ~3.5 GWh/year to the national grid. It expands the group's renewable energy portfolio.

Renewable Energy
Ada Derana·Sep 22, 2026·Capacity or capexPositive
Resus Energy Group Expands Renewable Energy Portfolio with Ampara Solar Project

Resus Energy PLC has commissioned a solar power plant in Damana, Ampara developed by its wholly owned subsidiary Resus Eastern Solar (Pvt) Ltd, expected to generate about 3.5 GWh of electricity annually to Sri Lanka's national grid. The facility expands the Group's renewable energy portfolio.

Renewable Energy
EconomyNext·Sep 21, 2026·Capacity or capexPositive
Sri Lanka's Resus Energy commissions 2MW solar power plant

Resus Energy Plc (HPWR.N0000) commissioned a 2MW solar power plant in Damana, Ampara, with commercial operations starting on September 18; the plant is expected to supply about 3.5 GWh annually to the national grid. Shares closed at Rs 8.70, down 1.14%.

Renewable Energy
EconomyNext·Aug 25, 2026·Market commentaryNegative
Sri Lanka stocks flat, capital goods lead turnover

Colombo stocks were flat as the ASPI rose 0.01% to 21,347.36 with turnover of Rs 89.95m; capital goods led turnover at Rs 29.94m. Resus Energy notified a minor reallocation of its Green Bond 2025 proceeds and its shares fell 1.16% to Rs 8.50.

Renewable Energy

Power & Energy sector: what is happening

Last 14 days to Sep 30, 2026

Rising global oil prices prompted a Rs41 billion diesel subsidy for Oct-Dec and Rs17.2 billion in electricity-bill relief, cushioning end-user energy costs while increasing reliance on budget support rather than tariff cost recovery. New rooftop solar applicants were shifted to Net Plus, limiting grid-cost cross-subsidies by requiring users to meet their own nighttime demand. The sector also advanced a four-block Mannar Basin oil and gas licensing round.

Auto-generated from 34 sector news articles over 14 days. Not investment advice.