Jetwing Symphony PLC

JETS.N0000Fairly valued

Hotels & Tourism · Hotels/Resorts/Cruise lines

Jetwing Symphony PLC is part of the Jetwing group and functions as an investment and growth vehicle focused on developing and operating resort and hotel properties across Sri Lanka.

JETS shares are down 32.5% over the past year and last closed at Rs 13.90 on Sep 30, 2026.

Rs 13.90
-0.71%
Price history
-32.52%

Monthly seasonality

Monthly total returns by year and calendar month
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026-7.4-6.4-14.3-1.3-4.1+5.6-7.3+2.9-2.8+0.0+0.0+0.0
2025+5.7-8.5-2.5+3.5-5.9+4.5+30.8+10.5+29.0-4.1+5.3-8.2
2024+11.9-5.3+1.1+1.1-2.2-3.4-10.5-7.8+25.4+1.1+28.9+5.2
2023-33.0-1.4+2.9-4.2-7.2+9.4+32.9+10.8+1.9-10.5-5.3-5.6
2022+7.9+0.0-22.8+4.8+0.0-9.1+24.0+21.0-4.7-12.6+15.8-17.8
2021+0.0-1.0-5.3-3.3+6.9-1.1+9.8+1.0+26.5+5.4-16.2+10.5
2020-2.7-10.0-14.1+0.0+0.0-7.0-2.2-3.3+5.7-14.0+6.3+12.9
2019+0.0-19.3+1.0+2.1-9.1-2.2+9.1+24.0+0.0+0.0+0.8-5.8
2018+0.0-0.7-2.9+2.3-6.7+6.3-10.4+0.0+0.0+8.3-7.7-0.8
Average-2.2-5.9-6.3+0.6-3.5+0.3+8.5+6.5+9.0-3.3+3.5-1.2
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+0.0-5.3-2.9+1.6-5.0-1.1+9.1+2.9+1.9-2.1+3.1-3.2
% up38%0%33%63%13%44%56%67%56%38%63%38%
P/E
16.0
P/B
1.87
EPS
Rs 0.87
Div Yield
3.60%
Market Cap
Rs 8.4B
Beta
1.18
ROE
11.8%
Op Margin
22.6% (-4.3pp)

Fundamentals

LineFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Revenue
Rs 4.5B
+9.9%
Rs 4.1B
+13.2%
Rs 3.6B
+70.8%
Rs 2.1B
+64.3%
Rs 1.3B
+131.3%
Rs 556.9M
-63.5%
Rs 1.5B
-20.2%
Rs 1.9B
+26.2%
Operating profit
Rs 1.3B
+11.4%
Rs 1.2B
+48.7%
Rs 788.4M
+69.0%
Rs 466.6M
+1,224.8%
Rs 35.2M
Rs -102.9M
Rs 25.7M
-96.0%
Rs 645.3M
+55.7%
Net profit
Rs 562.9M
+29.8%
Rs 433.8M
+368.8%
Rs 92.5M
turned profitable
Rs -632.2M
loss narrowed
Rs -896.0M
loss widened
Rs -830.1M
loss widened
Rs -459.8M
loss widened
Rs -280.6M
loss narrowed
EPS
0.92
+27.7%
0.72
+332.3%
0.17
-1.10
-1.76
-1.63
-0.90
-0.56

Compared with the same period a year earlier.

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

Recent dividends

  • 2026 · finalRs 0.50
Peer comparison6 peers in Hotels & Tourism
P/E
10.9
P/B
0.90
ROE
8.23%
Yield
0.35%
Rs 16.00
P/E
23.9
P/B
0.69
ROE
2.92%
Yield
2.19%
JETS.N0000 · this company
Rs 13.90
P/E
16.0
P/B
1.87
ROE
11.76%
Yield
3.60%
Rs 15.60
P/E
23.6
P/B
1.06
ROE
4.57%
Yield
0.00%
P/E
25.0
P/B
0.62
ROE
2.49%
Yield
0.00%
Rs 25.00
P/E
-
P/B
2.35
ROE
-25.23%
Yield
0.00%
Rs 3.50
P/E
-
P/B
0.88
ROE
-5.97%
Yield
0.00%
Peer median · 6 companies
P/E 23.8P/B 0.89Yield 0.00%

About Jetwing Symphony PLC

Jetwing Symphony PLC is part of the Jetwing group and functions as an investment and growth vehicle focused on developing and operating resort and hotel properties across Sri Lanka. The company’s portfolio includes Jetwing Yala (Yala), Jetwing Kaduruketha (Wellawaya), Jetwing Lake (Dambulla), Jetwing Colombo Seven (Colombo) and Jetwing Surf (Pottuvil Point), with Jetwing Kandy Gallery (Kandy) under construction and Jetwing Reef (Uppuveli) planned for future launch. The company’s activities center on the development, ownership and operation of hospitality properties and on building a broader tourism ecosystem through new resort projects and related guest services. Sustainability and environmental management are integrated across operations, including energy efficiency measures, water reuse and on‑site wastewater treatment, solid waste segregation and organic waste reuse, and steps toward external verification of environmental and energy management systems (ISO 14001:2015 and ISO 50001:2011). Jetwing Symphony engages with stakeholders through regular investor communications and annual general meetings, and maintains customer feedback systems such as guest satisfaction cards and active online review management. Human resource practices highlighted in the report include local recruitment emphasis, induction programmes for new hires and employee benefits such as maternity and paternity leave and performance‑linked bonuses.

AI analysis

bearish

Jetwing Symphony's latest quarter returned to a LKR 52 million loss as operating margin fell to 22.6%. The stock is near its 52-week low.

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: 1 articles, net +1.00Mar 26: 3 articles, net +0.33Jun 24Oct 24Feb 25Jun 25Oct 25Feb 26
Recent news
View all news →
Daily FT·Aug 26, 2026·Promotional / marketingPositive
SL eyes major cruise tourism boost to convert Colombo as hub

Sri Lanka is seeking to position Colombo as a cruise tourism hub, with the government and private sector courting international cruise lines, exploring capacity for larger vessels and aiming to extend passenger stays to boost wider economic and hotel-sector benefits; talks include linking Cinnamon Hotels Group with international cruise operators.

Tourism
EconomyNext·May 27, 2026·Market commentaryPositive
Sri Lanka stocks close up; food, beverage and tobacco lead turnover

Colombo Stock Exchange closed higher as the ASPI rose 0.54% to 22,294.71 and the S&P SL20 gained 0.61%. Top contributors included Dialog Axiata, Ceylon Cold Stores, NDB and Bairaha Farms while Hemas, Lion Brewery and Sampath Bank lagged; Jetwing Symphony declared a final dividend of Rs0.50 and closed at Rs14.30 (+2.88%).

EconomyNext·May 27, 2026·Market commentaryPositive
Sri Lanka stocks up midday, materials lead turnover

Colombo Stock Exchange was up midday, ASPI +0.54% to 22,294.71 with turnover Rs.700m and materials leading turnover at Rs.192.7m. Top movers included Hayleys, Sunshine and HNB (positive) while Royal Ceramics, SMB Finance and Aitken Spence fell; Jetwing Symphony declared a final dividend of Rs.0.50 and its shares rose 3.6%.

CSE filing·May 27, 2026
Declaration of Final Dividends 2025-2026

Dividend · Rs 0.50 · XD Jul 1, 2026

Final dividend of LKR 0.5/share; XD 2026-07-01; record 2026-07-01; payable 2026-07-20; FY 2025-2026

Tourism
Daily FT·Apr 23, 2026·Other
EPF equity portfolio value up 27% to Rs. 188.9 b in 2025

The EPF's listed equity portfolio rose 27% to Rs. 188.85 billion at end-2025. The fund cut holdings from 65 to 59, fully exited six counters (Cargills Bank, Ceylon Hotels, Colombo Dockyard, Jetwing Symphony, LAUGFS Gas, Sierra Cables) and added Hemas (40m shares); gains were led by banks and diversified stocks.

Ada Derana·Apr 21, 2026·M&A / stake change
EPF Exits Investments in Six Listed Companies in 2025

EPF fully exited holdings in six CSE-listed companies in 2025 — Cargills Bank, Ceylon Hotels, Colombo Dockyard, Jetwing Symphony, LAUGFS Gas and Sierra Cables — and made one new investment, buying 40 million shares in Hemas Holdings; its listed equity count fell from 65 to 59.

TourismConsumer Staples (FMCG)
Daily FT·Mar 28, 2026·Market commentaryPositive
CSE up 3.56% during week, but ends in red

ASPI rose 3.56% for the week but closed yesterday down 0.21% at 21,375.73 as the bourse ended a volatile week; foreign investors were net sellers of over Rs.1.2 billion and market turnover was about Rs.2.7 billion.

Hotels & Tourism sector: what is happening

Last 14 days to Sep 30, 2026

Tourism remained subdued: arrivals in 1-23 September edged up 0.31% year on year, led by India, but year-to-date arrivals were 1.83% lower amid Middle East disruptions and softer global demand. August tourism earnings rose 2.1%, ending a 10-month decline, yet year-to-date revenue fell 10%. Higher energy costs and weakened purchasing power also weighed on tourism demand.

Auto-generated from 6 sector news articles over 14 days. Not investment advice.