Manufacturing · Electrical Products
| Year | Revenue | Net profit | EPS |
|---|---|---|---|
| 2026 | Rs 3.9B | Rs 321.3M | 4.85 |
| 2025 | Rs 3.4B | Rs 167.3M | 2.53 |
| 2024 | Rs 999.5M | Rs 255.5M | 3.86 |
| 2023 | Rs 915.6M | Rs 153.0M | 2.31 |
| 2022 | Rs 869.8M | Rs 100.1M | 1.51 |
| 2021 | Rs 755.7M | Rs 89.1M | 2.29 |
| 2020 | Rs 652.8M | Rs 41.3M | 1.06 |
Laxapana PLC is a Sri Lanka-based manufacturer and distributor of electrical and related industrial products, operating across the domestic market through a nationwide distribution network. Its product range includes dry cell batteries marketed under the Laxapana brand, LED lighting solutions, water pumps, welding rods and steel roofing products supplied via its subsidiary. The Group’s LED lighting business develops and sells LED bulbs and related lighting solutions, including products using Driver on Board (DOB) technology; the dry cell battery business manufactures and distributes SLS-certified Laxapana batteries; and Sterling Steels (Private) Limited produces and supplies premium steel roofing sheets, including products such as Maxeam 470. Distribution and channel management are supported by dedicated partners, including Darley Butler & Company. The company reports sustainability and product certification initiatives and engages in research and development and industry partnerships to support product innovation and compliance with evolving standards in Sri Lanka.
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Dividend · Rs 0.75 · XD Mar 4, 2026
Second Interim dividend of LKR 0.75/share; XD 2026-03-04; record 2026-03-04; payable 2026-03-23; FY Ending 31st March, 2026
Dividend · Rs 0.75 · XD Nov 3, 2025
First Interim dividend of LKR 0.75/share; XD 2025-11-03; record 2025-11-03; payable 2025-11-21; FY Ending 31st March 2026
E.B. Creasy invested a further Rs.400 million in subsidiary Lanka Special Steels (Rs.300m via ordinary shares and Rs.100m debt-to-equity conversion) and later said it would convert Rs.400m of debt into 29.3m shares at Rs.13.65; negotiations to sell the stake to Laxapana PLC are ongoing.
Dividend · Rs 1.50 · XD Mar 4, 2025
First Interim dividend of LKR 1.5/share; XD 2025-03-04; record 2025-03-04; payable 2025-03-20; FY Ending 31st March, 2025
US confirmation of a 10% Section 301 tariff preserved competitiveness for Sri Lankan manufacturers, especially apparel and rubber. Exporters sought clear, risk-based guidelines for the new forced labour import ban to avoid shipment delays. June PMI showed manufacturing expanding but slower at 53.0, led by food and beverages. FTZ manufacturers pressed for power wheeling and lower energy costs. Cabinet moved to license scrap metal exports and tighten import prepayments.
Auto-generated from 43 sector news articles over 30 days. Not investment advice. 2 more stories on the sentiment page.