Chevron Lubricants Lanka Plc

LLUB.N0000Fairly valued

Manufacturing · Chemicals: Specialty

Chevron Lubricants Lanka PLC manufactures, distributes and markets petroleum-based lubricants and allied products. The company serves consumer retail channels, original equipment manufacturers (OEMs) and commercial and industrial customers, and also supplies export markets in the region.

LLUB shares are up 17.7% over the past year and last closed at Rs 206.00 on Sep 30, 2026.

Rs 206.00
+0.49%
Price history
+17.71%

Monthly seasonality

Monthly total returns by year and calendar month
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026+6.4+4.7-12.7+10.6+0.9+0.6-0.5+2.0+1.0+0.0+0.0+0.0
2025-0.6-3.4-10.9+4.9+11.5+1.6+7.4+4.0-2.7+4.0-0.8+0.8
2024+3.7+10.2+3.4+8.4+6.0+4.3-5.6-2.9+3.4+4.1+3.5+22.1
2023+9.9-6.3-7.0+0.0-10.9+9.1+3.9+0.1-2.1+1.0-3.9+2.9
2022+12.4-11.8-24.1-3.5+3.7-11.3+3.6+24.2+10.3-7.5-4.0+1.1
2021+2.4-7.7-11.8+2.1+13.4+0.7+7.6-5.8+0.2+6.8-6.6+6.1
2020-1.5-3.9-25.4+0.0+0.0+10.7+6.7+7.5+12.9+0.6+10.6+11.0
2019+0.7-13.7+0.0-3.2-4.4+1.2+13.6-4.5-6.4+17.5+12.1-4.9
2018-3.4-2.6-6.7-12.8-6.1-10.5+13.1-9.9-16.6+9.2+7.0-4.6
2017+5.1+4.2-0.6+4.4-5.9-0.6-12.3-11.3-5.7-1.2-3.7+2.1
2016-8.7-3.2-1.0+11.6+0.3-11.8+10.7-0.7+1.8-1.0-3.9-0.9
2015+0.1+2.2-3.9+3.8-4.4-5.6+11.4-3.6-6.3+1.3-5.0-3.1
2014+6.5-2.8-4.7+1.8+3.5+5.9+6.4-0.6+7.6+2.1-0.3+16.8
2013+7.9-0.5+0.0+15.0+31.6-10.1+5.4-6.9-6.8-1.1-0.4+0.7
2012+0.0+0.0+0.0-6.5-5.9+5.0+3.0+3.7+7.0+4.2-6.5+8.0
Average+2.9-2.5-7.5+2.6+2.4-0.7+5.0-0.3-0.2+2.9-0.1+4.1
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+3.1-3.0-5.7+3.0+0.6+0.7+6.4-0.7+0.2+1.7-2.3+1.6
% up71%29%14%64%57%60%80%40%53%71%29%71%
P/E
10.4
P/B
5.01
EPS
Rs 19.72
Div Yield
5.83%
Market Cap
Rs 49.4B
Beta
0.78
ROE
47.9%
Op Margin
29.4% (+5.4pp)

Fundamentals

LineFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Revenue
Rs 24.4B
+6.2%
Rs 23.0B
-1.2%
Rs 23.3B
-5.4%
Rs 24.6B
+45.7%
Rs 16.9B
+44.9%
Rs 11.6B
-1.8%
Rs 11.9B
+9.2%
Rs 10.9B
-1.7%
Operating profit
Rs 5.6B
+6.3%
Rs 5.3B
+10.4%
Rs 4.8B
-36.1%
Rs 7.5B
+71.8%
Rs 4.4B
+43.7%
Rs 3.0B
+4.1%
Rs 2.9B
+6.4%
Rs 2.7B
-19.5%
Net profit
Rs 4.0B
+5.0%
Rs 3.9B
+7.0%
Rs 3.6B
-1.7%
Rs 3.7B
-6.6%
Rs 3.9B
+76.4%
Rs 2.2B
+6.0%
Rs 2.1B
+5.4%
Rs 2.0B
-22.4%
EPS
16.86
+5.0%
16.06
+7.0%
15.01
-1.8%
15.28
-6.6%
16.36
+76.5%
9.27
+5.9%
8.75
+5.4%
8.30
-22.4%

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

  • 2025 · third interimRs 7.00
  • 2025 · second interimRs 5.00
  • 2025 · first interimRs 4.00
  • 2024 · third interimRs 8.00
  • 2024 · second interimRs 3.00
  • 2024 · first interimRs 4.00
  • 2023 · third interimRs 8.00
  • 2023 · second interimRs 4.00
Peer comparison5 peers in Manufacturing
HAYC.N0000
Rs 210.25
P/E
14.9
P/B
2.02
ROE
13.60%
Yield
2.05%
LLUB.N0000 · this company
Rs 206.00
P/E
10.4
P/B
5.01
ROE
47.93%
Yield
5.83%
Rs 32.50
P/E
11.2
P/B
1.38
ROE
12.33%
Yield
3.57%
APLA.N0000
Rs 159.00
P/E
8.4
P/B
1.42
ROE
19.77%
Yield
2.36%
Rs 2,299.75
P/E
12.2
P/B
2.29
ROE
18.77%
Yield
3.57%
CHMX.N0000
Rs 153.00
P/E
12.0
P/B
0.54
ROE
4.46%
Yield
1.63%
Peer median · 5 companies
P/E 12.0P/B 1.42Yield 2.36%

About Chevron Lubricants Lanka Plc

Chevron Lubricants Lanka PLC manufactures, distributes and markets petroleum-based lubricants and allied products. The company serves consumer retail channels, original equipment manufacturers (OEMs) and commercial and industrial customers, and also supplies export markets in the region. Its activities include product sales through a network of distributors and retail partners in Sri Lanka, technical service support and lubricant performance programmes for institutional and industrial clients, and channel and brand-focused export operations in markets such as Bangladesh and the Maldives (via local distributors, including Astro Engineering Limited in Bangladesh). The company emphasises operational discipline, supply-chain efficiency and go-to-market initiatives across its businesses.

AI analysis

bullish

LLUB’s June quarter was its most profitable June on record, with a 20.4% net margin, and it continues to pay a solid 5.9% dividend yield. The question is how much of this strength is already priced into its rich book multiple.

Read the full report (Aug 6, 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 +1.00Feb 25: 2 articles, net +1.00Mar 25: 2 articles, net +1.00May 25: 2 articles, net +0.50Oct 25: 1 articles, net -1.00Dec 25: 1 articles, net -1.00Feb 26: 1 articles, net -1.00Jun 26: 1 articles, net +1.00Jul 26: 2 articles, net +0.50Aug 24Dec 24Apr 25Aug 25Dec 25Apr 26
Recent news
View all news →
Daily FT·Sep 24, 2026·Management or board changePositive
American Chamber of Commerce in Sri Lanka appoints Bertram Paul as President at 34th AGM

Bertram Paul, Managing Director/CEO of Chevron Lubricants Lanka (LLUB.N0000), was elected President of the American Chamber of Commerce in Sri Lanka at its 34th AGM. The new board includes representatives from Hayleys (HAYL.N0000) and JAT Holdings (JAT.N0000), with Chamila Bandara (Hayleys Advantis) named Treasurer and Anika Williamson (JAT) re-elected as a director.

Daily FT·Jul 18, 2026·Market commentaryNegative
CSE down 1.66% during week, turnover down to 65-week low

Colombo's ASPI fell 1.7% this week while turnover hit a 65-week low of about Rs. 722.64 million; top drags on the index included John Keells (JKH), PKME and NDB. Banking led turnover (notably Sampath Bank) and activity was concentrated in capital goods, food & beverage and energy names.

Daily FT·Jul 16, 2026·Market commentaryPositive
CSE ends in red, continues bearish slide

Colombo's ASPI fell 0.03% to 21,417.80, extending a third straight day of losses on profit taking and net foreign outflows of Rs.36.7m. Banking led turnover (27%) while Haycarb, Chevron Lubricants, John Keells and Hayleys were among top contributors.

EconomyNext·Jul 15, 2026·Market commentary
Sri Lanka stocks close flat on Wednesday, banks lead turnover

Sri Lanka stocks closed flat as the ASPI rose 0.01% to 21,426.43, with banks leading turnover at 327.4 million rupees. Haycarb, John Keells and Ceylon Cold Stores were top gainers while HNB, Central Finance and Commercial Bank were top decliners; Digital Mobility Solutions disclosed ESOP allotments and its shares closed down 0.30%.

Daily FT·Jul 8, 2026·Market commentaryPositive
CSE extends losses into sixth session, falls below 22,000 points

Colombo Stock Exchange fell for a sixth straight session as the ASPI dropped 0.54% to 21,962.30. Turnover exceeded Rs.1.5bn with foreigners net sellers of Rs.185m; major drags included Melstacorp, John Keells, Carson Cumberbatch and CIC Holdings, while Access Engineering and Chevron Lubricants featured among top contributors.

EconomyNext·Jul 7, 2026·Market commentary
Sri Lanka stocks dip, ASPI down 0.39-pct

Colombo Stock Exchange fell, with the ASPI down 0.39% to 21,995.04 and the S&P SL20 down 0.27% to 6,150.33. Top negatives included Melstacorp, John Keells and Carson Cumberbatch while Digital Mobility Solutions, Royal Ceramics and Haycarb were positive; turnover was LKR 1.13 billion.

EconomyNext·May 5, 2026·Market commentary
Sri Lanka stocks close down amidst some selling pressure

CSE All Share Index fell 0.49% (110.70 pts) to 22,584 and the S&P SL20 dropped 0.31% to 6,225 as brokers said Middle East escalation spurred retail selling. Bank counters saw selling, turnover was Rs 2.15bn with crossings in JKH, COMB, LLUB and LFIN, and Colombo Dockyard narrowed its quarterly loss to Rs 428.1m.

EconomyNext·Apr 10, 2026·Market commentary
Sri Lanka stocks close up, crossings in LIOC, JKH push turnover

Colombo Stock Exchange closed up: ASPI +1.30% (284.12 pts) to 22,128.66. Top contributors included John Keells, Melstacorp and National Development Bank; turnover was Rs5.016bn and HNB Finance announced a Rs2,499,529,714 rights issue (2 for 9).

Manufacturing sector: what is happening

Last 14 days to Sep 30, 2026

Manufacturing 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.

Auto-generated from 16 sector news articles over 14 days. Not investment advice.