Sierra Cables PLC will invest USD 3,229,760 to acquire machinery and upgrade infrastructure to approximately double its export production capacity; the project is expected to be completed by end-2026/27 and operational from April 1, 2027.
Manufacturing · Electrical Products
Kelani Cables PLC is a Sri Lanka-based manufacturer and distributor of electrical infrastructure products. The company manufactures PVC-insulated cables, aluminium conductors and enamelled copper winding wires, and distributes a range of electrical products and accessories.
KCAB shares are down 15.0% over the past year and last closed at Rs 98.60 on Sep 30, 2026.
Monthly seasonality
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +10.6 | -5.3 | -24.8 | +17.2 | -3.2 | -4.6 | -4.4 | -5.7 | +0.7 | +0.0 | +0.0 | +0.0 |
| 2025 | +26.2 | -6.9 | -5.3 | +4.8 | +10.9 | +2.6 | +20.8 | +2.1 | +56.9 | -3.7 | -4.8 | +15.7 |
| 2024 | -5.3 | +16.1 | +3.9 | +23.5 | -9.6 | -1.9 | -2.1 | -6.0 | +10.0 | +9.7 | +5.8 | +30.7 |
| 2023 | -3.8 | +0.0 | +8.0 | -4.8 | -8.9 | +19.5 | +16.6 | -14.5 | +4.5 | -11.1 | +0.3 | -6.4 |
| 2022 | +42.9 | -17.1 | -51.0 | -35.5 | +12.4 | -13.1 | -6.7 | +59.3 | +63.6 | -21.9 | -11.8 | -13.4 |
| 2021 | +44.3 | -25.6 | -10.8 | +4.9 | +0.0 | +21.6 | +3.0 | -11.3 | +0.0 | +69.2 | +75.5 | +26.9 |
| 2020 | -2.4 | -7.0 | -29.3 | +0.0 | +0.0 | +4.3 | +16.4 | +0.0 | +11.8 | +9.5 | +8.7 | +3.0 |
| 2019 | -2.9 | -6.4 | -2.5 | +7.7 | +5.4 | -9.2 | +23.8 | -8.0 | +1.3 | +3.8 | +12.7 | -5.9 |
| 2018 | -6.1 | -6.3 | +6.8 | +5.4 | -14.3 | +13.1 | -15.8 | +0.0 | +0.0 | -7.6 | -6.6 | +5.4 |
| 2017 | -3.8 | -4.0 | -2.5 | +4.3 | -1.6 | +0.0 | -0.8 | -3.5 | +0.1 | -3.5 | -9.1 | -1.8 |
| 2016 | -6.5 | -1.7 | -4.7 | +15.6 | +4.5 | -8.3 | +5.2 | +6.8 | +2.7 | -8.1 | -1.5 | +0.0 |
| 2015 | +2.9 | -9.2 | -4.2 | +13.7 | +2.2 | +14.0 | +11.3 | +0.4 | -3.0 | +1.7 | +8.3 | +1.3 |
| 2014 | +10.1 | +2.5 | -4.2 | -2.5 | +13.7 | -7.8 | +15.5 | -8.5 | +9.8 | -5.3 | -5.6 | +5.2 |
| 2013 | -2.9 | -5.1 | -0.8 | +1.7 | +15.0 | +6.7 | -6.3 | -12.0 | +4.1 | +3.3 | +1.4 | +2.8 |
| 2012 | +0.0 | +0.0 | +0.0 | +0.6 | -11.7 | +14.3 | +11.3 | -2.9 | +21.1 | -18.1 | -11.9 | +9.2 |
| Average | +7.4 | -5.4 | -8.7 | +4.0 | +1.1 | +3.4 | +5.9 | -0.3 | +13.1 | +1.3 | +4.4 | +5.2 |
| 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 | -2.6 | -5.8 | -4.2 | +4.9 | +1.1 | +2.6 | +5.2 | -4.6 | +4.3 | -3.6 | -0.6 | +2.9 |
| % up | 43% | 14% | 21% | 79% | 50% | 53% | 60% | 29% | 86% | 43% | 50% | 64% |
Fundamentals
| Line | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | Rs 20.6B +16.8% | Rs 17.7B +26.2% | Rs 14.0B +22.1% | Rs 11.5B -24.2% | Rs 15.1B +56.6% | Rs 9.7B +10.2% | Rs 8.8B +3.2% | Rs 8.5B +6.2% |
| Operating profit | Rs 2.7B -5.5% | Rs 2.9B +30.9% | Rs 2.2B -21.6% | Rs 2.8B +15.4% | Rs 2.4B +194.8% | Rs 819.5M +69.6% | Rs 483.1M +21.3% | Rs 398.4M +25.9% |
| Net profit | Rs 2.4B +4.2% | Rs 2.3B +33.5% | Rs 1.7B -38.1% | Rs 2.8B +30.6% | Rs 2.1B +243.4% | Rs 621.4M +76.0% | Rs 353.1M +52.2% | Rs 232.0M +25.6% |
| EPS | 11.00 -89.6% | 105.57 +33.5% | 79.08 -38.1% | 127.84 +30.6% | 97.88 +243.4% | 28.50 +75.9% | 16.20 +57.1% | 10.31 +14.2% |
Compared with the same period a year earlier.
Parent company only. Subsidiaries are not included.
Per-share figures are as reported, not adjusted for splits.
Recent dividends
- 2026 · first interimRs 1.60
- 2025 · first interimRs 15.00
- 2024Rs 10.00
- 2023 · first interimRs 6.50
- 2022 · first interimRs 6.50
- 2021Rs 4.50
- 2020Rs 4.50
- 2019 · first interimRs 3.50
| # | Company | Price | Mkt cap | P/E | P/B | EPS | ROE | Div Yield |
|---|---|---|---|---|---|---|---|---|
| 1 | ACL.N0000 · same group, not in the median | 92.00 | Rs 66.1B | 10.4 | 1.70 | 8.82 | 17.50% | 0.54% |
| 2 | KCAB.N0000 · this company | 98.60 | Rs 21.5B | 9.0 | 1.35 | 11.00 | 15.37% | 1.62% |
| 3 | SIRA.N0000 | 35.20 | Rs 18.9B | 6.4 | 1.97 | 5.48 | 30.68% | 0.00% |
| 4 | CSLK.N0000 | 13.50 | Rs 6.4B | 18.2 | 2.41 | 0.74 | 15.05% | 1.85% |
| Sector median · 29 companies | - | - | 12.0 | 1.63 | - | - | 2.05% |
About Kelani Cables Limited
Kelani Cables PLC is a Sri Lanka-based manufacturer and distributor of electrical infrastructure products. The company manufactures PVC-insulated cables, aluminium conductors and enamelled copper winding wires, and distributes a range of electrical products and accessories. Its product offering covers power and telecommunication cables, enamelled winding wires and related electrical accessories, supported by product certifications from the Sri Lanka Standards Institution for building wire ranges, auto cables, armoured cables and overhead lines. Kelani Cables serves both domestic and international customers through an extensive network of distributors and dealers and supply relationships with institutional and project clients. The company operates across Sri Lanka and exports to multiple countries; it reaches customers domestically via over 1,062 distributors and dealers, serves 1,702 institutional clients and maintains a growing export client base. Kelani Cables also runs community and skills programmes such as Kelani Saviya and Kelani Shakthi and emphasises product development, technical support and sustainability in its operations.
AI analysis
neutralKelani Cables' June operating margin fell to 9.4% from 16.6% despite higher revenue, making margin repair the central tension.
Read the full report (Sep 1, 2026) →News sentiment
Describes news flow, not a forecastNo scored news in the last 30 days.
CMA Sri Lanka presented the 'CMA Business Excellence Awards 2026' at its National Management Accounting Conference (20-21 July 2026, Cinnamon Life), honoring accounting professionals including executives from Kelani Cables (CFO), Mahaweli Coconut Plantations (MD) and Autodrome (Joint MD).
Colombo stocks rose with the ASPI up 0.40% to 21,166.94 and the S&P SL20 up 0.56% to 5,970.38; turnover improved to Rs 8.47bn led by a Rs 4bn crossing in Cargills. Top contributors included Cargills, Colombo Dockyard and Ceylon Grain Elevators, while Kelani Cables declared a Rs 1.6 dividend.
Dividend · Rs 1.60 · XD Aug 14, 2026
First Interim dividend of LKR 1.6/share; XD 2026-08-14; record 2026-08-17; payable 2026-09-04; FY ended 31st March 2026
Colombo Stock Exchange midday: ASPI rose 0.56% to 21,306.64, led by gains in Colombo Dockyard, Dialog Axiata, Melstacorp, PGP Glass, Commercial Bank and Kelani Cables while Vidullanka fell. R I L Property disclosed public shareholding is 46.1071% after prior miscalculations.
ISO has published a Chinese-developed standard for corrosion testing of conducting alloys in AC conditions and IEC approved a Chinese-led offshore wind standard; the measures aim to improve conductor lifespan and could cut maintenance/operational costs by over 10%.
Colombo Stock Exchange fell 3.04% (690.76 pts) to 22,022.06 after Cyclone Ditwah, with selling across the market; construction names saw buying—Access Engineering +2.40 to 74.00, Kelani Cables +34.00 to 1,139.50, ACL Cables +3.00 to 225.00.
Share split · 1:10 · XD Dec 29, 2025
Sri Lanka stocks rose 0.7% on Monday, led by financial shares as the ASPI gained 164.34 points to 23,502.59. Top contributors from the shortlist included HNB, Sampath Bank, Commercial Bank and NDB, while construction names like Access Engineering and Kelani Cables also gained and John Keells reported a 21% quarterly profit rise.
Manufacturing sector: what is happening
Last 14 days to Sep 30, 2026Manufacturing 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.
The stories behind it
Auto-generated from 16 sector news articles over 14 days. Not investment advice.