Property & Construction · Engineering & Construction
Luminex PLC is a diversified engineering and construction services company operating in Sri Lanka, focused on telecommunication network development, electrical engineering (low- and high-tension), and civil infrastructure including water and sewerage construction.
LUMX shares are up 32.8% over the past year and last closed at Rs 8.90 on Sep 30, 2026.
Monthly seasonality
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +6.1 | +47.1 | -19.4 | +25.3 | +10.6 | +0.0 | -14.8 | -6.1 | -2.2 | +0.0 | +0.0 | +0.0 |
| 2025 | -1.3 | -8.1 | -8.8 | -4.8 | -1.7 | +15.5 | +3.0 | +4.3 | -4.2 | -1.4 | -5.9 | +3.1 |
| 2024 | -1.5 | +6.2 | +0.0 | +4.3 | -2.8 | -1.4 | +0.0 | -2.9 | +1.5 | +1.5 | -1.4 | +10.3 |
| 2023 | -1.3 | +1.4 | -8.0 | +1.4 | +1.4 | -2.8 | +2.9 | -2.8 | +4.3 | -8.3 | +1.5 | -1.5 |
| 2022 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | -10.3 | +14.3 | -5.0 | -3.9 | +9.6 | -6.3 |
| Average | +0.5 | +11.6 | -9.1 | +6.6 | +1.9 | +2.8 | -3.8 | +1.4 | -1.1 | -3.1 | +0.9 | +1.4 |
| 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 | -1.3 | +3.8 | -8.4 | +2.9 | -0.1 | -0.7 | +0.0 | -2.8 | -2.2 | -2.7 | +0.0 | +0.8 |
| % up | 25% | 75% | 0% | 75% | 50% | 25% | 40% | 40% | 40% | 25% | 50% | 50% |
Fundamentals
| Line | FY2026 | FY2025 | FY2024 | FY2023 |
|---|---|---|---|---|
| Revenue | Rs 2.1B +22.2% | Rs 1.7B -32.2% | Rs 2.5B -16.7% | Rs 3.0B |
| Operating profit | Rs -71.1M | Rs -214.8M | Rs -25.8M | Rs 252.8M |
| Net profit | Rs -18.2M loss narrowed | Rs -165.8M fell into loss | Rs 35.4M -66.6% | Rs 106.2M |
| EPS | -0.07 | -0.61 | 0.13 -67.5% | 0.40 |
Compared with the same period a year earlier.
Per-share figures are as reported, not adjusted for splits.
Recent dividends
- 2024 · finalRs 0.25
- 2023 · finalRs 0.25
- 2022 · finalRs 0.40
| # | Company | Price | Mkt cap | P/E | P/B | EPS | ROE | Div Yield |
|---|---|---|---|---|---|---|---|---|
| 1 | AEL.N0000 | 80.10 | Rs 80.1B | 10.2 | 1.91 | 7.84 | 18.69% | 2.50% |
| 2 | LUMX.N0000 · this company | 8.90 | Rs 2.4B | - | 1.44 | -0.07 | -0.43% | - |
| 3 | AFS.N0000 | 24.60 | Rs 933.6M | 26.5 | 4.21 | 0.93 | 16.01% | - |
| Sector median · 32 companies | - | - | 10.2 | 1.09 | - | - | 2.39% |
About Luminex PLC
Luminex PLC is a diversified engineering and construction services company operating in Sri Lanka, focused on telecommunication network development, electrical engineering (low- and high-tension), and civil infrastructure including water and sewerage construction. The company delivers commercial, industrial and infrastructure projects and provides outsourced network services to major telecom operators. Its principal operating areas are Telecommunication (network rollout and transmission infrastructure for clients such as Sri Lanka Telecom and Dialog Axiata, with engagements to support Hutchison Telecom), Civil & Water (commercial, industrial and public infrastructure projects plus water and sewerage works), and Electrical (low- and high-tension electrical engineering services). Luminex is pursuing export initiatives and diversification efforts, including preliminary arrangements for export-led activities and an export-based agri business. Luminex operates primarily in the Sri Lankan market and notes a focus on governance, risk management, environmental and social responsibility, and the adoption of digital and sustainable construction practices to support project delivery and future growth.
AI analysis
bearishLuminex's latest quarter brought an 88.7% revenue surge, but it remained loss-making. The share's 21.0% three-month fall leaves execution and cash generation unresolved.
Read the full report (Aug 13, 2026) →News sentiment
Describes news flow, not a forecastNo scored news in the last 30 days.
Colombo stock market ended the week up as the ASPI rose 0.14% to 23,801.96 while year-to-date net foreign selling approached Rs. 11.8 billion. Turnover was nearly Rs. 9.1 billion, led by banks and large crossings (notably Commercial Bank) with gains in ACME, JKH, Sampath, HNB, KZOO, Colombo Dockyard and Teejay.
ASPI rose 0.03% (7.45 pts) to 23,813.77 while the S&P SL20 slipped 0.02% to 6,617.85; turnover was Rs.8.3 billion and foreigners were net sellers with a reported net outflow of Rs.144.6 billion. Top contributors included HNB, DFCC, UML, RICH and ASCO, with DOCK, HAYL and SFCL dragging the index.
The ASPI rose about 7% in August, closing the month at 20,997.36 after a 197.10-point (0.95%) gain on the final day. Top contributors included Ceylinco Holdings, Senkadagala Finance and Richard Pieris; turnover was around Rs.7.4bn, led by consumer services and financials, with foreign net inflows of Rs.184.1m.
ASPI fell 0.23% (41 points) to 18,000 as profit-taking weighed on the Colombo market, led by declines in HAYL, CTHR, DOCK, GRAN and SAMP. Turnover was Rs.5.6bn with capital goods (notably JKH, AEL) and banking among top contributors; foreign investors were net sellers of Rs.48.3m.
Colombo bourse closed the shortened week with the ASPI up 2.9% and S&P SL20 up 3.5%, average daily turnover Rs.3.67bn, led by gains in JKH, LOLC, CARS, EBCR and SAMP; foreigners recorded a net inflow of Rs.157.2m.
Luminex PLC was awarded a Rs. 763 million BOI contract to upgrade the Horana EPZ common wastewater treatment plant to 3,000 m3/day. The expansion raises capacity from 1,750 m3/day to meet projected inflows and Central Environmental Authority discharge standards.
Luminex PLC was awarded a Rs. 763 Mn BOI contract to expand the Horana EPZ common wastewater treatment plant capacity to 3,000 m³/day (from 1,750 m³/day). The award followed national competitive bidding and Cabinet approval on 9 Dec 2024 to meet CEA/EPL requirements.
Luminex PLC was awarded the contract to increase the capacity of the public water treatment plant in the Horana Export Processing Zone, with Cabinet approval. The award followed a national competitive procurement process with 11 bids and recommendations from the Cabinet-appointed Procurement Committee.
Property & Construction sector: what is happening
Last 14 days to Sep 30, 2026Property and construction faced a mixed policy backdrop: the proposed property tax was deferred from the 2027 Budget, while TIN certification becomes mandatory from 1 November for building-plan approvals and land registration, adding a compliance step to transactions. Public construction activity progressed through the Muthurajawela fuel-terminal contract and planned hospital infrastructure projects. Construction services exports fell in August.
The stories behind it
Auto-generated from 12 sector news articles over 14 days. Not investment advice.