LOLC Finance (LOFC.N0000) will repurchase up to 2,299,122,556 ordinary shares at Rs.7 each (maximum Rs.16.09bn) under a board-approved buyback. The repurchase equals seven shares for every 90 held, record/opening/closing dates are to be announced; public float is ~3.69%.
LOLC Holdings Plc
LOLC.N0000Banks & Finance · Financial Conglomerates
Annual fundamentals
| Year | Revenue | Net profit | EPS |
|---|---|---|---|
| 2025 | Rs 112.2B | Rs 41.0B | 104.61 |
| 2024 | Rs 85.9B | Rs 21.8B | 62.95 |
| 2023 | Rs 82.6B | Rs 21.7B | 47.08 |
| 2022 | Rs 55.3B | Rs 77.6B | 128.71 |
| 2021 | Rs 33.6B | Rs 53.2B | 59.01 |
| 2020 | Rs 25.1B | Rs 19.8B | 22.93 |
| 2019 | Rs 24.9B | Rs 19.6B | 23.76 |
Recent dividends
No dividend records.
About LOLC Holdings Plc
LOLC Holdings PLC is a diversified and globally integrated conglomerate with core activities in financial services, plantations & agriculture, manufacturing & trading, leisure & entertainment, technology and strategic investments. The Group operates across Sri Lanka and has material operations in South & South East Asia, Central Asia and Africa, with specific presence in Kenya, Tanzania, Rwanda, China, the Maldives and Mauritius. The Group's financial services platform comprises non-bank financial institutions, banking and related digital businesses that deliver microfinance, SME and retail credit, leasing and factoring solutions; it also operates a widely adopted digital wallet (iPay) and maintains overseas lending operations across multiple Asian and African markets. Non-financial activities include large-scale plantation and tea manufacturing operations (including acquisitions of Lipton plantation assets and Sri Lankan plantation interests), manufacturing and trading businesses such as Brown and Company PLC and affiliated brands (including Browns Battery and Browns Agriculture), and a hospitality portfolio of hotels and resorts (including Eden Hotel Lanka PLC, Serendib Hotels PLC, Barceló Whale Lagoon and the Nasandhura Palace in Malé). The Group has also expanded into new economy areas such as affordable new energy vehicles (NEV) and related charging infrastructure.
AI analysis
bullishLOLC trades at 0.60x book while FY2026 operating momentum strengthened; the shares sit near the 52-week low, and heavy below-the-line costs remain the swing factor.
Read the full report (Jul 30, 2026) →News sentiment
Describes news flow, not a forecastHigher than 0% of its last 11 months · 18 of 19 in its sector
4 articles in 30 days: 0 positive, 2 negative, 2 neutral.
LOLC Finance (LOFC) reported PAT of Rs. 27.4bn for the year to 31 Mar 2026, with underlying profitability up close to 30% and gross loans rising to Rs. 423bn (total assets Rs. 559bn). The company also saw improved asset quality (net NPL ~3.24%), higher deposits and strong capital ratios.
LOLC Holdings PLC reported a 49% increase in results from operating activities to Rs.71.5 billion for FY2026. Gross income rose 28% to Rs.430.3 billion, with the financial services segment contributing Rs.51.7 billion and strong gains across manufacturing, plantations and insurance.
LOLC Holdings PLC reported a 49% rise in results from operating activities to Rs. 71.5 billion for the year ended 31 March 2026, with gross income up 28% to Rs. 430.3 billion. Financial services (Rs. 51.7bn), stronger manufacturing/trading and a return to profitability in plantations underpinned the performance.
Aggregate profits of 273 listed companies fell 12% YoY to Rs.176.5 billion in Sep-25, ending a seven-quarter growth streak. Banks (Rs.52bn, +39% YoY) and diversified financials (Rs.39bn, +112% YoY) underpinned a QoQ rebound, while food, beverage & tobacco and capital goods posted steep declines.
Browns Investments PLC said its subsidiary Browns Ari Resort sold the Barceló Whale Lagoon Maldives Resort to ASB Hotel Properties Maldives for USD 57,500,000.
LOLC Finance (LOFC.N0000) listed and raised 15 billion rupees via 5-year rated, senior, unsecured debentures offered at par, carrying interest rates of 11.5% and 10.95%.
LOLC Finance said the Central Bank approved its proposed Rs. 15 billion debenture issue. The issue covers up to 150 million listed, rated, unsecured, senior, redeemable debentures after the company trimmed an earlier Rs. 20 billion plan; LOFC posted strong recent profits.
LOLC Insurance appointed Chandana L. Aluthgama as Executive Director and Principal Officer of LOLC Life Assurance and Director of LOLC General Insurance, and named Kithsiri Gunawardena as Director of LOLC Life Assurance while he remains Chairman of LOLC General Insurance.
Banks & Finance sector: what is happening
Last 30 days to Aug 4, 2026Regulatory tightening dominated banks/finance as Cabinet named the SEC to regulate virtual asset service providers within a CBSL/FIU/IRD framework and approved a 2026-2030 national AML policy. The FIU flagged long-running trade-based money laundering via phantom imports, after probes found about $715m in fraudulent remittances. CBSL kept LTV caps on vehicle and gold loans. Services PMI signaled June expansion led by financial services.
The stories behind it
Auto-generated from 17 sector news articles over 30 days. Not investment advice. 2 more stories on the sentiment page.