Keells Food Products PLC

KFP.N0000Fairly valued

Consumer & Retail · Food: Meat/Fish/Dairy

Keells Food Products PLC manufactures and distributes raw and processed food products, with a product portfolio centred on processed meats and an expanding range of convenience and shelf-stable foods.

KFP shares are down 5.1% over the past year and last closed at Rs 161.25 on Sep 30, 2026.

Rs 161.25
-1.83%
Price history
-5.15%

Monthly seasonality

Monthly total returns by year and calendar month
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026+2.2-0.7-7.9+5.0+1.2+5.6-1.4-4.1-0.1+0.0+0.0+0.0
2025+5.0-4.5-3.7+3.5+2.3-0.6+0.6-0.6-5.0-1.2+1.2+0.7
2024-15.4-2.8+6.5+3.7-0.3+6.9-0.6+0.0+1.5+0.0+4.9+2.3
2023-1.8+6.1-8.7+0.0+0.0-8.0-1.2+13.4-8.0+0.1-4.7+4.0
2022+2.9+1.5+1.3+14.0-15.4+1.8+3.6+0.3+4.3+7.1-5.6-11.4
2021+5.0+4.7+4.8-4.0+5.1-1.2+1.9+0.0+2.4+0.9-6.2+0.9
2020-5.7-0.5-13.6+0.0+0.0-4.7-1.0-1.0+14.4-4.7+12.2+16.3
2019+0.0+0.4-7.2+0.0-4.8-1.1+2.0+0.0+0.0+0.8+3.3-2.4
2018+0.0-2.7-1.2+8.0+1.5-1.6+0.1+1.4-2.3+3.1-0.7-2.2
2017-3.6+1.7-4.5+4.7+0.0-9.6+5.6-10.8+3.0-0.7+3.7+0.0
2016-15.1+5.5-10.5+8.8-5.4-10.9+5.8-1.2+0.2-5.0+1.8+0.0
2015+4.5+28.9-5.1-0.1+24.7+0.7+21.8+8.0-3.6+4.6+3.8+11.6
2014+11.3-15.7-5.5+35.3-11.3+1.7+23.7+1.2+3.6+3.1-2.7-1.5
2013-2.4-5.1+0.0+0.0+15.9-6.3-10.8-2.8-5.8+8.2-6.3+0.0
2012+0.0+0.0+0.0-12.0-15.6+21.3-10.3-19.7+15.7-1.3-4.3+5.8
Average-1.0+1.2-4.2+5.6-0.2-0.4+2.7-1.1+1.4+1.1+0.0+1.9
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+0.0-5.1+4.2+0.0-1.1+0.6+0.0+0.2+0.5+0.2+0.7
% up46%50%23%67%46%40%60%33%53%57%50%54%
P/E
17.2
P/B
1.93
EPS
Rs 9.38
Div Yield
2.91%
Market Cap
Rs 4.1B
Beta
0.17
ROE
11.3%
Op Margin
2.1% (-0.1pp)

Fundamentals

LineFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Revenue
Rs 8.4B
+24.5%
Rs 6.7B
+16.3%
Rs 5.8B
-10.0%
Rs 6.4B
+40.1%
Rs 4.6B
+26.0%
Rs 3.7B
+1.7%
Rs 3.6B
+4.7%
Rs 3.4B
+10.0%
Operating profit
Rs 428.1M
+72.3%
Rs 248.4M
Rs -137.2M
Rs 230.5M
-41.6%
Rs 394.9M
+19.9%
Rs 329.3M
+58.6%
Rs 207.7M
-42.8%
Rs 362.9M
+7.1%
Net profit
Rs 244.5M
+83.6%
Rs 133.2M
turned profitable
Rs -218.3M
fell into loss
Rs 13.9M
-95.8%
Rs 329.6M
+2.7%
Rs 321.0M
+113.7%
Rs 150.2M
-43.8%
Rs 267.1M
+9.7%
EPS
9.59
+83.7%
5.22
-8.56
0.55
-95.7%
12.92
+2.6%
12.59
+113.8%
5.89
-43.8%
10.48
+9.7%

Compared with the same period a year earlier.

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

Recent dividends

  • 2027 · first interimRs 0.27
  • 2026 · finalRs 2.67
  • 2026 · third interimRs 1.65
  • 2026 · second interimRs 0.10
  • 2026 · first interimRs 0.37
  • 2025 · finalRs 1.15
  • 2025 · second interimRs 1.97
  • 2025Rs 0.48
Peer comparison6 peers in Consumer & Retail
Rs 5,010.00
P/E
27.5
P/B
4.69
ROE
17.05%
Yield
1.46%
COCO.N0000
Rs 22.20
P/E
13.7
P/B
1.24
ROE
8.73%
Yield
0.85%
Rs 1,952.00
P/E
7.4
P/B
1.30
ROE
17.56%
Yield
0.41%
Rs 17.90
P/E
17.7
P/B
1.51
ROE
8.50%
Yield
2.79%
KFP.N0000 · this company
Rs 161.25
P/E
17.2
P/B
1.93
ROE
11.26%
Yield
2.91%
Rs 14.70
P/E
54.4
P/B
4.50
ROE
8.55%
Yield
1.33%
TESS.N0000
Rs 1.80
P/E
34.2
P/B
2.69
ROE
5.81%
Yield
0.00%
Peer median · 6 companies
P/E 22.6P/B 2.10Yield 1.09%

About Keells Food Products PLC

Keells Food Products PLC manufactures and distributes raw and processed food products, with a product portfolio centred on processed meats and an expanding range of convenience and shelf-stable foods. The Company produces sausages, meatballs, crumbed products and other processed meat items at its Ja-Ela and Pannala production facilities and supplies these through General Trade, Modern Trade, HoReCa channels and a network of branded quick-service outlets. KFP has expanded its non-frozen and value‑added offerings, including pasta kits, canned foods and spreads, and branded grocery items such as KeellsKrest peanuts, and has developed ready-to-eat and heat-and-eat meal solutions to address convenience-led consumption. The business also markets products under the Elephant House brand and has begun exporting to selected international markets through distributor partnerships while continuing to focus on food safety, operational efficiency and distribution coverage within Sri Lanka.

AI analysis

neutral

Keells Food's annual recovery is substantial, but the latest quarter shows operating profit up while net profit fell. The tension is improving scale against weak conversion below the operating line.

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
Oct 24: 2 articles, net -0.50Jan 25: 1 articles, net +1.00May 25: 5 articles, net +0.20Nov 25: 1 articles, net +1.00Jan 26: 1 articles, net +1.00May 26: 1 articles, net +1.00Jul 26: 1 articles, net +1.00Aug 24Dec 24Apr 25Aug 25Dec 25Apr 26
Recent news
View all news →
Ada Derana·Jun 28, 2026·OtherPositive
Govt Targets USD 3 Bn Export Economy from Coconut, Food and Beverage Sectors

Government aims to build coconut and food & beverage exports to USD 3.0bn in two years (USD 2.0bn coconut, USD 1.0bn food & beverage) and pledged incentives, support for value-added production, streamlined raw-material imports and industry establishment in the Northern Province.

Consumer Staples (FMCG)Exporters
Ada Derana·Jun 3, 2026·Award or certificationPositive
John Keells Consumer Foods Sector Strengthens Leadership Pipeline Through Aspire Executive Development Programme

John Keells Holdings' Consumer Foods Sector graduated 36 participants from the "Aspire" Executive Development Programme 2025, strengthening leadership capability across its food brands. The sector ran the programme with the Postgraduate Institute of Management to build strategic, cross-functional and business leadership skills.

Consumer Staples (FMCG)
Ada Derana·Feb 26, 2026·Award or certificationPositive
John Keells Consumer Foods Sector Celebrates Multiple Wins at TAGS Awards 2025

Ceylon Cold Stores (CCS.N0000) won the Gold award for Food & Beverages (Group Turnover above LKR 15 BN) and a Bronze for Corporate Governance Disclosure, while Keells Food Products (KFP.N0000) won Gold for Food & Beverages (Group Turnover up to LKR 15 BN) at the CA TAGS Awards 2025.

Consumer Staples (FMCG)
Daily FT·Jan 14, 2026·Management or board change
Tech veteran Shanil Fernando joins NDB Bank Board

National Development Bank (NDB.N0000) appointed tech veteran Shanil Fernando as an Independent Non-Executive Director. Fernando has 25+ years in global IT, held leadership roles at Virtusa and Sysco Labs, and is an independent director at Keells Food Products (KFP.N0000).

IT & Digital
Ada Derana·Dec 22, 2025·Award or certificationPositive
Keells and Enfection Win the Meta Reels Impact Award for AI-Driven Innovation

John Keells (Keells Supermarkets) won the Meta Reels Impact Award for an AI-generated campaign that drove a 44.72% surge in doughnut sales and lifted the Prepared Food category by 25%. The campaign, created with Enfection, won the South East Asia regional award for generative-AI reels.

IT & DigitalConsumer Staples (FMCG)

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.