HVA Foods PLC

HVA.N0000Overvalued

Consumer & Retail · Food: Specialty/Candy

HVA Foods PLC is a Sri Lankan tea processor and exporter that develops, packs and supplies Ceylon tea products for both international and domestic markets.

HVA shares are up 16.2% over the past year and last closed at Rs 4.30 on Sep 30, 2026.

Rs 4.30
+0.00%
Price history
+16.22%

Monthly seasonality

Monthly total returns by year and calendar month
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026+25.7+15.9+37.3+5.7-20.3+1.7-15.0-2.0-12.0+0.0+0.0+0.0
2025+0.0-7.1-10.3+5.7+5.4-20.5+3.2+25.0-10.0+2.8+0.0-5.4
2024+0.0-13.2+12.1+16.2-9.3-5.1-2.7+0.3+0.0+0.0+6.3+23.5
2023+10.5-2.4+2.4-9.5-7.9+2.9+33.3-10.4-4.7-4.9-5.1+2.7
2022-3.0-7.7-22.6-20.5+0.0-14.3+20.0+33.3+8.3-13.5-8.9-7.3
2021-3.2-10.0-7.4+0.0+12.0+7.1+43.3-3.5-4.8+6.3-17.9-2.9
2020-7.7-22.2-35.7+0.0+0.0+13.8+27.3-9.5+52.6+0.0+13.8-6.1
2019+2.3-13.3-23.1+20.0-13.9+3.2+21.9-2.6-2.6+18.9-4.5-7.1
2018+9.7-1.5-4.5+3.1-4.5-19.0+2.0-3.8-12.0+9.1-6.3-2.2
2017-8.3-12.7-12.5+40.5+0.0-5.1+3.6-8.6+15.1+14.8-7.1-4.6
2016-16.2-16.1+3.8+40.7+13.2-17.4+5.6-2.7+0.0-12.3-9.4+3.4
2015+1.0-8.7-13.8+11.1-8.9-1.2+14.8-7.5+4.7-7.8-7.2-3.9
2014+6.1-8.6-2.1+1.1+0.0+0.0+2.1+23.7-0.8-5.9-10.7+2.0
2013+3.0-18.8+0.0+17.0+1.5-9.8-8.3-13.6+7.4+10.8-9.7-2.9
2012+0.0+0.0+0.0-19.3-25.6+40.0+4.8+6.1+21.4-18.2-19.4+19.6
Average+1.4-9.0-5.4+8.0-4.2-1.6+10.4+1.6+4.2+0.0-6.2+0.6
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+0.5-9.4-5.9+5.7-2.3-1.2+4.8-2.7+0.0+0.0-7.2-2.9
% up50%7%29%71%29%40%80%33%40%43%14%36%
P/E
143.3
P/B
Negative book
EPS
Rs 0.03
Div Yield
0.00%
Market Cap
Rs 1.1B
Beta
0.41
ROE
-
Op Margin
-1.4% (-4.9pp)

Fundamentals

LineFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Revenue
Rs 2.3B
+23.9%
Rs 1.8B
-0.4%
Rs 1.8B
-21.7%
Rs 2.4B
+86.6%
Rs 1.3B
+8.3%
Rs 1.2B
+36.9%
Rs 850.4M
-22.5%
Rs 1.1B
-11.8%
Operating profit
Rs 101.9M
Rs -19.0M
Rs -87.6M
Rs 80.2M
Rs -192.5M
Rs 164.6M
Rs -26.0M
Rs -302.5M
Net profit
Rs 7.1M
turned profitable
Rs -139.9M
loss narrowed
Rs -326.2M
loss widened
Rs -45.6M
loss narrowed
Rs -229.0M
fell into loss
Rs 78.6M
turned profitable
Rs -125.6M
loss narrowed
Rs -367.0M
fell into loss
EPS
0.03
-0.78
-2.81
-0.27
-3.45
1.18
-1.89
-5.52

Compared with the same period a year earlier.

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

Recent dividends

No dividend records.

Peer comparison1 peer in Consumer & Retail
Rs 1,454.25
P/E
15.9
P/B
1.19
ROE
7.78%
Yield
1.72%
HVA.N0000 · this company
Rs 4.30
P/E
143.3
P/B
-
ROE
-
Yield
0.00%
Sector median · 35 companies
P/E 13.3P/B 1.66Yield 1.72%

About HVA Foods PLC

HVA Foods PLC is a Sri Lankan tea processor and exporter that develops, packs and supplies Ceylon tea products for both international and domestic markets. The company's portfolio includes products sold under its Heladiv Tea brand as well as private-label packed teas for export, iced tea concentrates for local retail and tourism, and value-added tea formats such as tea bags and flavoured blends. Operations span bulk shipments and packaged tea products, supported by in-house Analysis and Development functions for quality, traceability and food-safety compliance; the company sources teas through the Colombo Tea Auction and works with certified estates where required. HVA Foods has expanded into adjacent product lines including herbal infusions (in partnership with a German herbal tea company) and a spices trading operation, while pursuing digitalisation, ESG improvements and customer consolidation across export markets including the Middle East, Europe and parts of Asia. The company maintains recognised certifications and standards for its supply chain and production processes, including Rainforest Alliance, various organic standards, ISO 22000:2018 and Halal, and focuses on private-label manufacturing, bespoke packaging solutions and selective bulk-supply relationships.

AI analysis

bearish

HVA Foods returned to a LKR 33 million net loss as quarterly revenue fell 47.2% year-on-year. Negative equity and weak liquidity make the recovery fragile.

Read the full report (Aug 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
Nov 24: 1 articles, net +1.00Jun 25: 4 articles, net -0.63Feb 26: 3 articles, net -0.91Oct 24Feb 25Jun 25Oct 25Feb 26Jun 26
EconomyNext·Sep 9, 2026·Other
Japan urges Sri Lanka to pivot 'East', adopt export-oriented industrial model

Japan's ambassador urged Sri Lanka to pivot toward Southeast Asia and Japan and adopt an export-oriented industrial model, calling for forward-looking trade and investment policy, stronger domestic industrial policy and expanded renewable energy investment; he cited the National Export Development Plan 2026 and a proposed Sri Lanka-Japan Economic Corridor.

ExportersRenewable Energy
Ada Derana·Sep 4, 2026·Promotional / marketingPositive
Celeste and HVA Ceylon Join Forces to Build Celeste in the United States

HVA Ceylon founder Johann Harsha Fernando (HVA Foods PLC) has partnered with Celeste founder Janik Jayasuriya to jointly establish, operate and grow Celeste in the United States. Celeste is an on-demand online supermarket serving over 200,000 customers and completing more than three million orders.

Consumer Staples (FMCG)
Daily FT·Sep 2, 2026·Market commentary
CSE begins month in red, down 0.1%

The Colombo market opened the month lower as the ASPI fell 0.1% to 21,318.31, with turnover above Rs.2.3bn and foreign net outflows of Rs.612.5m. Selling late in the session hit JKH, BREW, DFCC, DIAL and MELS, while CCS and Asia Siyaka rose.

Fuel & Energy Prices
Daily FT·Sep 2, 2026·Management or board change
Sri Lanka – Japan Business Council holds AGM

The Sri Lanka-Japan Business Council held its 47th AGM; Athulla Edirisinghe was re-elected President and officers from Hayleys Advantis, Spear International and Prudential Shipping were elected to the committee. Japan's Ambassador urged an export-oriented industrial policy and expanded renewable energy investment, noting Japan's 'Power Asia' $10bn financing initiative.

ExportersRenewable Energy
Daily FT·Jul 24, 2026·Market commentary
CSE extends rebound, up 0.24%

Colombo market extended its rebound as the ASPI rose 0.24% (49.81 pts) to 21,199.37 and the S&P SL20 gained 0.22% to 5,945.87, with turnover about Rs.1.1bn and foreigners net sellers of Rs.188.6m. Top contributors included HNB, CARS, CINS, NDB and TKYO; NDB, SAMP and PKME gained while MELS fell and JKH closed flat.

Daily FT·Jun 2, 2026·Market commentary
CSE begins month on positive note

Colombo bourse closed lower with the ASPI down 0.21% to 22,695 as investor sentiment remained subdued after the CBSL rate hike; market turnover was over Rs. 1.7 billion.

Interest Rates
Daily FT·Apr 30, 2026·Market commentary
CSE ends in green for fourth straight session

Colombo market closed in the green for a fourth straight session as the ASPI rose 0.07% to 22,635 and the S&P SL20 gained 0.18% to 6,241.01; turnover was about Rs.4.2bn and foreign investors were net sellers of Rs.332.5m. CINS, BREW and JKH were among top contributors while diversified financials and banks led turnover.

Daily FT·Apr 7, 2026·Market commentaryPositive
CSE opens week on mixed note with net foreign sales of Rs. 805 m

Colombo bourse opened mixed: ASPI rose 0.04% to 21,126.60 while the S&P SL20 fell 0.24%; market turnover exceeded Rs. 3bn and foreign investors were net sellers of Rs. 804.7m. Food & beverage and capital goods led turnover with heavy crossings in Melstacorp.

Consumer & Retail sector: what is happening

Last 14 days to Sep 30, 2026

Consumer retail faced pressure from accelerating food, transport and housing inflation, with petrol a major contributor to the rise in national prices and purchasing power weakened by higher energy costs and tax hikes. Wholesale and retail activity nevertheless helped drive faster services-sector expansion in August. Specialist retail also consolidated as Blink International acquired Wrist Lab, combining retail, distribution and after-sales networks.

Auto-generated from 8 sector news articles over 14 days. Not investment advice.