John Keells Hotels PLC

KHL.N0000Moderately undervalued

Hotels & Tourism · Hotels/Resorts/Cruise lines

John Keells Hotels PLC is a holding company for a portfolio of hotel and resort investments that develops, owns, manages and operates hospitality properties primarily under the Cinnamon brand.

KHL shares are down 40.7% over the past year and last closed at Rs 16.00 on Sep 30, 2026.

Rs 16.00
+0.00%
Price history
-40.74%

Monthly seasonality

Monthly total returns by year and calendar month
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026-5.7-0.9-23.8+6.7-0.6+4.6-8.8+1.8-3.0+0.0+0.0+0.0
2025+15.4-12.9-2.9+0.0+0.5+5.4-0.9+17.4+8.0-1.9-9.8-4.2
2024-1.1-1.1+0.0+2.2-1.1-5.3-12.9-1.9+15.1-1.7+9.9+10.1
2023+2.4+1.7+8.0-7.4-6.3+5.5+25.3+6.4+1.3-14.0-5.0-1.0
2022+5.3-5.1-23.3-14.8+13.3-9.9+18.0+37.3+11.1-11.1+7.5-1.7
2021+0.9-5.4-7.6+0.0-7.2+1.1+34.1-13.1+36.8-3.4-12.9+23.0
2020-16.8-14.1-17.6+0.0+0.0+20.0-5.1+6.8+8.9-9.3+24.4+13.4
2019-1.3+1.3-2.6+0.0-10.7+1.5+13.2+0.0+10.4+18.8+8.9+8.2
2018-1.1+3.4+3.3+6.5-11.1-6.8+2.4-6.0-2.5+2.6-1.3-1.3
2017+0.0+1.9-6.4+7.8+3.6-4.4-1.8-8.4-1.0+0.0-6.2-3.3
2016-9.1-7.1-7.7+5.8+0.8-6.3-3.3+3.4-1.7-1.7-5.2-2.7
2015-0.6-2.4-13.3+15.4+6.7-4.5-0.6-3.0-6.2-1.3+0.7+2.0
2014+0.0-2.4+2.5+5.6+17.4-5.2+8.8-2.5+11.5+1.7-9.6+6.3
2013+0.0-5.8+1.5+0.8+0.0-0.8+0.0-17.4-1.8+14.0+0.0+2.5
2012+0.0+0.0+0.0+2.4-9.3+2.6+5.0+4.0+10.7-9.7+0.0+5.3
Average-0.8-3.5-6.4+2.2-0.3-0.2+4.9+1.6+6.5-1.2+0.1+4.0
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-0.3-2.4-4.6+2.3-0.3-0.8+0.0+0.0+8.0-1.7-0.6+2.2
% up29%29%29%64%43%47%47%47%60%29%36%57%
P/E
23.9
P/B
0.69
EPS
Rs 0.67
Div Yield
2.19%
Market Cap
Rs 23.3B
Beta
0.56
ROE
2.9%
Op Margin
-25.7% (-22.8pp)

Fundamentals

LineFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Revenue
Rs 32.3B
+10.1%
Rs 29.3B
-4.6%
Rs 30.7B
+6.6%
Rs 28.8B
+115.9%
Rs 13.4B
+264.8%
Rs 3.7B
-62.3%
Rs 9.7B
-12.0%
Rs 11.0B
-5.0%
Operating profit
Rs 5.1B
+81.9%
Rs 2.8B
+6.7%
Rs 2.6B
+52.0%
Rs 1.7B
Rs -190.4M
Rs -4.8B
Rs -764.5M
Rs 1.1B
-17.9%
Net profit
Rs 1.9B
turned profitable
Rs -222.7M
loss narrowed
Rs -439.0M
loss widened
Rs -332.5M
loss narrowed
Rs -1.2B
loss narrowed
Rs -5.1B
loss widened
Rs -1.2B
fell into loss
Rs 831.7M
-26.4%
EPS
1.33
-0.16
-0.30
-0.22
-0.83
-3.50
-0.82
0.56
-27.3%

Compared with the same period a year earlier.

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

Recent dividends

  • 2026 · finalRs 0.35
  • 2025 · finalRs 0.10
  • 2017Rs 0.10
  • 2016Rs 0.30
  • 2016Rs 0.10
  • 2015Rs 0.30
  • 2014Rs 0.25
  • 2012Rs 0.30
Peer comparison6 peers in Hotels & Tourism
P/E
10.9
P/B
0.90
ROE
8.23%
Yield
0.35%
KHL.N0000 · this company
Rs 16.00
P/E
23.9
P/B
0.69
ROE
2.92%
Yield
2.19%
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 19.8P/B 0.98Yield 0.00%

About John Keells Hotels PLC

John Keells Hotels PLC is a holding company for a portfolio of hotel and resort investments that develops, owns, manages and operates hospitality properties primarily under the Cinnamon brand. The Group curates guest experiences across beach and round‑trip resorts, emphasising destination-led cuisine, cultural programming, wildlife and marine conservation activities, and tailored MICE and wedding offerings. The company reports two operating footprints-Sri Lanka and the Maldives-and runs properties including Cinnamon Hakuraa Huraa, Ellaidhoo Maldives by Cinnamon, Cinnamon Bey Beruwela, Cinnamon Wild Yala and Cinnamon Bentota Beach. It operates both owned and managed assets and has implemented an asset‑light strategy, including the divestment of Cinnamon Kandy Citadel while continuing to manage the property under a transitional arrangement. The Group participates in the Global Hotel Alliance’s DISCOVERY loyalty programme and pursues distribution and brand strategies to drive direct bookings, source‑market diversification and portfolio optimisation across its Sri Lankan and Maldivian operations.

AI analysis

neutral

June quarter posted a LKR 1.70 billion net loss in the group’s structurally weakest season; the stock trades at 0.75x book.

Read the full report (Aug 7, 2026) →

News sentiment

Describes news flow, not a forecast
Last 30 days
Not enough news to read

2 articles in 30 days: 0 positive, 1 negative, 1 neutral.

24 months positive negative 3-month net
Nov 24: 3 articles, net -0.29Dec 24: 1 articles, net +1.00Apr 25: 2 articles, net +1.00Jun 25: 2 articles, net +1.00Sep 25: 3 articles, net +0.67Dec 25: 1 articles, net +1.00Jan 26: 2 articles, net +0.83Feb 26: 1 articles, net +1.00Mar 26: 7 articles, net +0.81May 26: 1 articles, net +1.00Sep 26: 2 articles, net -0.50Oct 24Feb 25Jun 25Oct 25Feb 26Jun 26
Daily FT·Sep 22, 2026·Market commentary
CSE starts week in red, falls to six-month low

The Colombo bourse fell to a near six-month low as the ASPI dropped 0.37% to 20,979.18 and the S&P SL20 fell 0.33% to 5,909.45. Market turnover was over Rs.750m, foreign investors were net buyers of Rs.19.1m, and top ASPI decliners included BREW, MELS, CTHR, CINS and HNB.

Daily FT·Sep 17, 2026·Market commentaryNegative
CSE ends down 0.61% to six-week low

Colombo market slipped 0.61% to a six-week low as the ASPI closed at 21,133.41 amid rising oil prices and fears of an interest-rate hike; 172 counters fell, turnover was over Rs.1.6bn and foreign investors were net sellers of Rs.8m.

Fuel & Energy PricesInterest Rates
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
Ada Derana·Aug 10, 2026·Promotional / marketingPositive
Cinnamon Box Office Launches AI-Powered Destination Event Calendar

John Keells Group's Cinnamon Box Office has launched an AI-powered Destination Event Calendar to aggregate and recommend events across Sri Lanka, aiming to boost Colombo's year-round appeal and provide hotels and event organisers with integrated ticketing, discovery and concierge tools.

Tourism

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.