LAUGFS Power PLC (via PAMS Power) has commissioned the Kehelgamu Oya 2 MW run-of-the-river mini hydro plant in Ginigathhena, expected to generate about 7–8 GWh annually and supply renewable electricity to Sri Lanka’s national grid.
Power & Energy · Alternative Power Generation
LAUGFS Power PLC is a Sri Lankan renewable energy company that generates and supplies electricity to the national grid, operating as a key subsidiary of the LAUGFS Group. Its core activities focus on grid-connected solar and hydropower generation and the development of additional renewable projects.
LPL shares are down 33.1% over the past year and last closed at Rs 10.70 on Sep 30, 2026.
Monthly seasonality
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -2.9 | -2.9 | -17.4 | +4.6 | +1.8 | -2.6 | -7.1 | -1.0 | -1.0 | +0.0 | +0.0 | +0.0 |
| 2025 | +4.0 | -6.2 | -9.8 | -3.6 | +0.0 | -0.9 | +14.3 | +0.8 | +30.6 | +3.8 | -11.6 | -3.4 |
| 2024 | -1.1 | +8.0 | -4.3 | +5.6 | +0.0 | +5.3 | -5.0 | +0.0 | +4.2 | +15.2 | +0.0 | +9.6 |
| 2023 | -1.1 | +6.7 | -13.7 | -1.2 | +0.0 | +1.2 | +13.4 | -4.3 | -1.1 | +0.0 | -6.8 | +7.3 |
| 2022 | +7.6 | -10.6 | -5.9 | +10.5 | -17.1 | +8.0 | +9.6 | -7.8 | +16.8 | -3.6 | -11.2 | -5.3 |
| 2021 | +15.0 | -17.4 | -3.2 | -13.0 | +31.3 | -15.2 | -4.5 | +4.7 | +4.5 | +6.5 | +6.1 | +0.0 |
| 2020 | -8.0 | -10.9 | -46.3 | +0.0 | +0.0 | +16.7 | +0.0 | +2.4 | +60.5 | +2.9 | +9.9 | +28.2 |
| 2019 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | -5.7 |
| Average | +1.9 | -4.7 | -14.4 | +0.5 | +2.6 | +1.8 | +3.0 | -0.7 | +16.4 | +4.1 | -2.3 | +4.4 |
| 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 | -1.1 | -6.2 | -9.8 | +1.7 | +0.0 | +1.2 | +0.0 | +0.0 | +4.5 | +3.3 | -3.4 | +0.0 |
| % up | 43% | 29% | 0% | 50% | 33% | 57% | 43% | 43% | 71% | 67% | 33% | 43% |
Fundamentals
| Line | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenue | Rs 765.2M -39.9% | Rs 1.3B +31.5% | Rs 967.7M -0.1% | Rs 968.7M -5.7% | Rs 1.0B +4.6% | Rs 982.9M +0.4% | Rs 979.3M |
| Operating profit | Rs 575.0M +2.1% | Rs 563.0M +21.7% | Rs 462.5M -4.9% | Rs 486.1M | Rs -699.2M | Rs 531.0M -3.3% | Rs 549.1M |
| Net profit | Rs 460.8M +84.3% | Rs 250.0M +381.0% | Rs 52.0M turned profitable | Rs -113.6M loss narrowed | Rs -902.9M fell into loss | Rs 234.7M +86.4% | Rs 125.9M |
| EPS | 1.19 +83.1% | 0.65 +400.0% | 0.13 | -0.29 | -2.33 | 0.61 +84.9% | 0.33 |
Compared with the same period a year earlier.
Per-share figures are as reported, not adjusted for splits.
Recent dividends
No dividend records.
| # | Company | Price | Mkt cap | P/E | P/B | EPS | ROE | Div Yield |
|---|---|---|---|---|---|---|---|---|
| 1 | WIND.N0000 | 40.00 | Rs 54.2B | 35.7 | 2.07 | 1.12 | 5.79% | 0.00% |
| 2 | VLL.N0000 | 22.10 | Rs 22.8B | 13.1 | 2.22 | 1.69 | 16.94% | 2.26% |
| 3 | VPEL.N0000 | 15.00 | Rs 11.2B | 8.7 | 3.19 | 1.73 | 36.95% | 4.00% |
| 4 | PAP.N0000 | 12.50 | Rs 7.8B | 8.6 | 3.47 | 1.46 | 40.28% | 1.43% |
| 5 | LVEF.N0000 | 5.90 | Rs 4.5B | 29.2 | 0.66 | 0.20 | 3.96% | 0.00% |
| 6 | LPL.N0000 · this company | 10.70 | Rs 4.0B | 189.7 | 1.83 | 0.06 | 17.14% | 0.00% |
| 7 | HPWR.N0000 | 8.90 | Rs 3.8B | 24.7 | 1.46 | 0.36 | 6.11% | 1.74% |
| 8 | HPFL.N0000 | 11.40 | Rs 1.2B | - | 1.89 | -0.24 | -4.02% | 6.84% |
| Peer median · 7 companies | - | - | 18.9 | 2.07 | - | - | 1.74% |
About LAUGFS Power Plc
LAUGFS Power PLC is a Sri Lankan renewable energy company that generates and supplies electricity to the national grid, operating as a key subsidiary of the LAUGFS Group. Its core activities focus on grid-connected solar and hydropower generation and the development of additional renewable projects. The Company operates large-scale solar installations (including the Iris and Anorchi plants on a Hambantota site and a separate project in Embilipitiya), three mini-hydro power plants in Balangoda and Ginigathhena, and an expanding portfolio of rooftop solar installations across multiple provinces. LAUGFS Power is also developing wind energy projects (including preliminary approval for a 50 MW project in Mannar) and is exploring renewable opportunities beyond Sri Lanka in Bangladesh and parts of Africa, supported by in-house technical teams, R&D and digital monitoring tools to optimise plant performance.
AI analysis
bearishTrailing revenue fell 9.7% despite a June profit rebound, leaving LAUGFS Power reliant on a volatile earnings base.
Read the full report (Sep 8, 2026) →News sentiment
Describes news flow, not a forecastNo scored news in the last 30 days.
LAUGFS Power Plc commissioned and connected a 2 MW mini-hydro plant in Polpitiya, Ginigathhena to the national grid (commissioned 26 March; formally acknowledged 29 April). The project was developed via wholly-owned subsidiary PAMS Power Ltd and is expected to supply renewable energy and support national targets.
Colombo Stock Exchange closed lower: ASPI -0.23% to 23,011.72 and S&P SL20 -0.30%, with turnover Rs.4.92bn and banks leading at Rs.3.04bn. Movers included Melstacorp, Hemas and CDB up while Ceylinco Insurance, Commercial Bank, DFCC and Colombo Dockyard fell; Laugfs Power commissioned a 2MW mini-hydro and ACME proposed a capital reduction (EGM Jun 11).
Energy Minister Kumara Jayakody warned that lobbying for higher feed-in tariffs would raise consumer bills, noting solar prices paid to new producers have fallen from 37 → 27 → 24 → 18 rupees. He cited 30% cheaper panels, a stronger rupee, competitive low bids (e.g. Vidullanka ~3.77 USc/kWh) and additional grid/BESS costs.
LAUGFS Power PLC launched its first AI-enabled annual report, integrating Futurity's Omni platform to provide natural-language interactive access to its two most recent reports and dashboard visualisations. Futurity will support the platform under an annual maintenance contract and the rollout may extend across the LAUGFS Group.
LAUGFS Power PLC (LPL.N0000) has launched an AI-enabled annual report using Futurity's Omni platform, providing interactive natural-language access to its two most recent reports and custom financial dashboards for investors and stakeholders.
LAUGFS Power (LPL.N0000) appointed Russell De Zilva as CEO and Non-Independent Director. De Zilva brings 20+ years in renewable energy and is currently Joint CEO of Vallibel Power Erathna (VPEL.N0000), with experience in hydropower, wind, solar and floating solar projects.
Mithila Wegapitiya, CEO of LAUGFS Power PLC, has been appointed Vice Chairman of LAUGFS Holdings following Thilak de Silva's resignation. The move follows Vallibel Three Ltd.'s acquisition of 50% of LAUGFS Holdings and will focus on group restructuring and post-acquisition strategy.
Power & Energy sector: what is happening
Last 14 days to Sep 30, 2026Rising global oil prices prompted a Rs41 billion diesel subsidy for Oct-Dec and Rs17.2 billion in electricity-bill relief, cushioning end-user energy costs while increasing reliance on budget support rather than tariff cost recovery. New rooftop solar applicants were shifted to Net Plus, limiting grid-cost cross-subsidies by requiring users to meet their own nighttime demand. The sector also advanced a four-block Mannar Basin oil and gas licensing round.
The stories behind it
Auto-generated from 34 sector news articles over 14 days. Not investment advice.