Consumer & Retail · Food: Meat/Fish/Dairy
Lanka Milk Foods (LMF) is a Sri Lankan dairy group engaged in dairy farming, milk collection and processing, manufacture and distribution of liquid milk, milk powder and other dairy and beverage products.
LMF shares are up 36.4% over the past year and last closed at Rs 83.90 on Sep 30, 2026.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +3.1 | +37.2 | -15.1 | +11.0 | +1.1 | -4.0 | -2.9 | +1.9 | -3.0 | +0.0 | +0.0 | +0.0 |
| 2025 | +2.4 | -5.5 | -3.3 | +8.7 | +3.2 | +12.7 | +5.3 | -0.5 | +10.2 | +7.1 | +1.9 | -2.6 |
| 2024 | -8.5 | +13.8 | +13.4 | +19.2 | -5.6 | -3.3 | -8.8 | -9.3 | +20.5 | +5.8 | +3.9 | +44.0 |
| 2023 | +7.2 | +4.9 | +2.8 | -2.4 | -0.7 | -1.4 | +12.5 | +5.0 | +4.1 | -1.6 | +31.1 | +4.8 |
| 2022 | -8.0 | -15.1 | -36.5 | -8.9 | +4.8 | -8.3 | +1.3 | +40.0 | -1.1 | -5.6 | -11.1 | -8.1 |
| 2021 | +22.8 | -12.2 | -7.4 | +10.0 | -3.0 | -3.1 | +12.6 | -5.7 | +10.6 | -4.5 | +16.7 | +31.3 |
| 2020 | +0.0 | -5.9 | -0.2 | +0.0 | +0.0 | -1.2 | -0.1 | +9.7 | +21.6 | +2.8 | +15.7 | +13.0 |
| 2019 | +7.3 | -10.4 | -12.4 | -8.7 | +5.8 | -5.6 | +4.1 | +1.9 | -5.7 | +3.5 | +1.4 | +0.0 |
| 2018 | +3.8 | +8.7 | -9.6 | +6.2 | +2.4 | -13.8 | +0.0 | +5.7 | -6.6 | -2.0 | -6.8 | -3.8 |
| 2017 | +0.9 | -0.1 | -2.5 | +6.4 | -3.6 | +14.2 | +13.1 | -9.0 | +5.7 | +1.3 | +2.6 | +1.3 |
| 2016 | -3.7 | -3.1 | -8.7 | +8.7 | -9.6 | -3.5 | +4.6 | +4.2 | -3.2 | -2.2 | +4.0 | +1.7 |
| 2015 | +7.1 | +5.4 | +2.9 | +14.3 | +0.0 | -1.9 | +1.9 | -3.1 | -9.0 | +9.6 | -15.9 | +3.8 |
| 2014 | +4.5 | -2.7 | +0.1 | +2.6 | +1.0 | +1.4 | +12.0 | +4.4 | -2.2 | -6.7 | +1.0 | -0.7 |
| 2013 | +19.8 | -9.8 | +0.3 | +2.5 | +8.1 | -0.5 | -3.7 | -2.5 | -4.5 | +5.1 | -10.7 | +4.8 |
| 2012 | +0.0 | +0.0 | +0.0 | -2.4 | -19.4 | +19.7 | +0.8 | -3.1 | +8.3 | -2.7 | -10.5 | +17.8 |
| Average | +4.5 | +0.4 | -5.4 | +4.8 | -1.1 | +0.1 | +3.5 | +2.6 | +3.1 | +0.7 | +1.7 | +8.3 |
| 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 | +3.8 | -2.9 | -2.9 | +6.3 | +0.5 | -1.9 | +1.9 | +1.9 | -1.1 | -0.1 | +1.7 | +3.8 |
| % up | 77% | 36% | 36% | 71% | 50% | 27% | 67% | 53% | 47% | 50% | 64% | 69% |
| Line | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | Rs 20.8B +9.9% | Rs 18.9B +13.0% | Rs 16.8B +19.6% | Rs 14.0B +43.5% | Rs 9.8B +28.6% | Rs 7.6B +13.7% | Rs 6.7B +24.0% | Rs 5.4B -0.6% |
| Operating profit | Rs 2.4B +68.2% | Rs 1.4B -23.1% | Rs 1.8B -21.5% | Rs 2.3B +46.8% | Rs 1.6B +81.1% | Rs 876.8M +83.9% | Rs 476.8M +443.3% | Rs 87.8M -86.8% |
| Net profit | Rs 2.6B +160.7% | Rs 1.0B -55.8% | Rs 2.3B +97.2% | Rs 1.2B +8.3% | Rs 1.1B +26.5% | Rs 841.8M +180.6% | Rs 300.0M turned profitable | Rs -126.6M fell into loss |
| EPS | 6.55 +161.0% | 2.51 -94.3% | 44.05 +52.8% | 28.83 +8.3% | 26.63 +26.5% | 21.05 +171.3% | 7.76 | -3.16 |
Compared with the same period a year earlier.
Per-share figures are as reported, not adjusted for splits.
| # | Company | Price | Mkt cap | P/E | P/B | EPS | ROE | Div Yield |
|---|---|---|---|---|---|---|---|---|
| 1 | LAMB.N0000 | 1,200.00 | Rs 37.7B | 48.0 | 8.23 | 25.01 | 17.14% | 0.00% |
| 2 | LMF.N0000 · this company | 83.90 | Rs 33.6B | 12.8 | 0.80 | 6.55 | 6.87% | 1.19% |
| Sector median · 35 companies | - | - | 13.3 | 1.66 | - | - | 1.72% |
Lanka Milk Foods (LMF) is a Sri Lankan dairy group engaged in dairy farming, milk collection and processing, manufacture and distribution of liquid milk, milk powder and other dairy and beverage products. The Group’s activities include rearing cattle, cultivating feed, hygienic milk collection and advanced processing, product development and islandwide distribution, as well as trading activities such as redistribution of third‑party brands. The Group markets a portfolio of owned and distributed brands, including flagship Lakspray and Ambewela, as well as Daily and My Juicee, and distributes partner products including Red Bull and Happy Cow cheese. It operates large highland dairy farms at Ambewela and Pattipola and has expanded capacity through United Dairies Lanka, a large dairy complex housing 4,000 cows across two farms. The Group also supplies selected export markets (for example, Daily flavoured milk is sold in Sri Lanka and the Maldives). Operations are concentrated in Sri Lanka and encompass two factories and multiple dairy farms, with islandwide distribution and a mix of retail, B2B and trading channels. The Group emphasises animal welfare, sustainable practices and product and packaging innovation across its value chain.
LMF's latest quarter grew revenue 25.3%, but profit grew more slowly as margins narrowed. The shares remain well below sector P/B norms.
Read the full report (Aug 13, 2026) →No scored news in the last 30 days.
Colombo Stock Exchange indices were trading higher midday: ASPI +0.41% to 21,506.10 and S&P SL20 +0.59% to 6,035.41, with market turnover Rs 777.4m and banks leading turnover at Rs 337.8m. Sampath Bank posted Q2 profit Rs 11.03bn (+65% YoY) and Hayleys posted Q2 profit Rs 3.57bn (+137% YoY).
Nearly 29% (95.4m shares) of Commercial Credit & Finance PLC changed hands in a book-built block sale for about Rs.9 billion, boosting CSE turnover to Rs.12.2 billion; Commercial Credit closed at Rs.107.50 (up Rs.1.75).
Colombo market opened marginally lower: ASPI fell 0.04% to 21,121.78 with turnover over Rs.1.4bn and foreign net outflows of Rs.78.4mn. Selling in CARG, HHL, RICH, CARS and AEL weighed, while heavyweights MELS, CCS, HNB and ACL and crossings by HNW/institutions supported turnover; banks led activity (29%).
Colombo stocks closed flat with the ASPI up 0.01% at 21,132.12 and market turnover of Rs 1.41 billion; banks led turnover at Rs 411.6 million and Food, Beverage & Tobacco followed with Rs 308.7 million. Notable movers included Melstacorp, HNB, Pan Asia, Central Finance and Aitken Spence; Lanka Realty Investments disclosed an Rs 800m related-party loan settlement.
CSE indices fell sharply — ASPI down 197.31 points to 21,208.10 and S&P SL20 down 56.46 to 5,943.22 — despite turnover rising to Rs.2.63bn. Turnover was driven by crossings in CT Holdings (Rs.561m), Cargills (Rs.544.95m) and Lanka Milk Foods (Rs.232m), while price losses in Dialog, Commercial Bank, John Keells and Carson Cumberbatch led the ASPI decline.
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.
Colombo market extended losses as the ASPI fell 1.03% for the week to 22,178.73 and the S&P SL20 fell 0.85% to 6,194.22. Market turnover topped Rs.1.5bn with foreigners net sellers of Rs.157.9m and notable moves from SAMP, CINS, JKH, RCL (weak) and DIAL, BUKI, CARS, AEL, COMB (positive/active).
Colombo stocks recovered after the CBSL hiked policy rates by 100bps, with the ASPI up 0.11% at 22,199.23 and turnover around Rs.1.86bn. DIAL, CCS, BREW, CARS and NDB were top positive contributors; VLL saw net foreign buying while AAIC saw net foreign selling and Food & Beverage led turnover.
Colombo bourse slipped below 23,000 as the ASPI fell 0.41% to 22,920.32 with turnover over Rs.2.8bn and net foreign outflows of Rs.29.5m. Market weakness was blamed on Middle East tensions and weaker Q1 banking earnings; CINS, MELS, BUKI, NDB and DFCC were key negative contributors.
Lanka Milk Foods (CWE) PLC recovered Rs. 309.3 million from a longstanding legal claim, to be recorded as other income and expected to materially impact results for the period ending 31 March 2026. The share price closed down Rs.1 at Rs.81.10.
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.