Luminex PLC

LUMX.N0000Moderately overvalued

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.

Rs 8.90
+2.30%
Price history
+32.84%

Monthly seasonality

Monthly total returns by year and calendar month
YearJanFebMarAprMayJunJulAugSepOctNovDec
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
% up25%75%0%75%50%25%40%40%40%25%50%50%
P/E
-
P/B
1.44
EPS
Rs -0.07
Div Yield
-
Market Cap
Rs 2.4B
Beta
-0.14
ROE
-0.4%
Op Margin
-19.3% (+12.0pp)

Fundamentals

LineFY2026FY2025FY2024FY2023
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
Peer comparison2 peers in Property & Construction
Rs 80.10
P/E
10.2
P/B
1.91
ROE
18.69%
Yield
2.50%
LUMX.N0000 · this company
Rs 8.90
P/E
-
P/B
1.44
ROE
-0.43%
Yield
-
Rs 24.60
P/E
26.5
P/B
4.21
ROE
16.01%
Yield
-
Sector median · 32 companies
P/E 10.2P/B 1.09Yield 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

bearish

Luminex'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 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 23Jul 23Nov 23Mar 24Jul 24Nov 24
Recent news
View all news →
Daily FT·Feb 7, 2026·Market commentary
CSE ends week on the up; YTD net foreign selling nears Rs. 12 b

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.

Daily FT·Jan 23, 2026·Market commentary
CSE inches up to new high

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.

Daily FT·Aug 30, 2025·Market commentaryPositive
Colombo stock market closes up, gains 7% in August

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.

Daily FT·Jul 4, 2025·Market commentary
Profit taking drags Colombo stock market down

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.

Daily FT·May 17, 2025·Market commentary
Colombo stock market ends week with 3% gain

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.

Ada Derana·Feb 5, 2025·Capacity or capexPositive
BOI Invests Rs. 763 Mn in Horana Export Processing Zone

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.

Construction ActivityExporters
Daily FT·Dec 11, 2024·Major contract or orderPositive
Luminex PLC gets contract to increase capacity of public water treatment plant in Horana EPZ

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.

Construction Activity

Property & Construction sector: what is happening

Last 14 days to Sep 30, 2026

Property 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.

Auto-generated from 12 sector news articles over 14 days. Not investment advice.