EquityLK

LVL Energy Fund PLC

LVEF.N0000Moderately overvalued

Power & Energy · Alternative Power Generation

LVL Energy Fund PLC is an investment company that holds and manages a portfolio of power generation assets and energy-related investments through subsidiaries and associate companies. The group's activities cover project ownership, development and portfolio management across generation assets.

LVEF shares are down 47.1% over the past year and last closed at Rs 5.90 on Sep 30, 2026.

Rs 5.90
+1.72%
Price history
-47.10%

Monthly seasonality

Monthly total returns by year and calendar month
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026-8.0-8.7-3.6+3.8-1.2-7.3-11.8-1.5-10.6+0.0+0.0+0.0
2025-3.0-4.7-3.3-1.7+3.4+35.0+1.2+42.7-1.7+6.1-9.8-9.1
2024-3.6-1.9-13.5+9.0-4.2+0.0-4.3-2.3+23.3+11.3-1.7+13.8
2023-3.3+22.4+8.5-10.4-17.4+5.3+11.7-6.0-4.8+0.0-8.3+0.0
2022+4.8-10.9-13.3-3.5-3.7-10.1+5.6+0.0+0.0-6.7-14.3+0.0
2021+1.0-2.9-2.0-3.1+4.2+5.1+3.8-1.9+0.9-1.9-3.8+4.0
2020-5.3+0.0-41.7+0.0+0.0+15.0+8.7+4.0+19.2+0.0+10.8-1.0
2019-5.9-3.8+2.6-2.5-5.2+2.7+9.3-3.7-5.1-1.3+2.7+0.0
2018+0.0+0.0+0.0+0.0-7.1+0.0-6.6-3.5-2.4-2.5+3.8+4.9
Average-2.9-1.2-7.4-1.0-3.9+5.1+2.0+3.1+2.1+0.6-2.6+1.6
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-3.5-2.9-3.3-2.1-3.9+2.7+3.8-1.9-1.7-0.7-2.8+0.0
% up25%11%22%25%25%56%67%22%33%25%38%38%
P/E
29.2
P/B
0.66
EPS
Rs 0.20
Div Yield
0.00%
Market Cap
Rs 4.5B
Beta
1.12
ROE
4.0%
Op Margin
37.2% (+0.3pp)

Fundamentals

LineFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Revenue
Rs 406.7M
-6.9%
Rs 437.0M
-10.2%
Rs 486.4M
+62.2%
Rs 299.8M
-31.6%
Rs 438.0M
+25.0%
Rs 350.3M
+1.4%
Rs 345.3M
-19.6%
Rs 429.5M
+23.1%
Operating profit
Rs 49.6M
-81.1%
Rs 262.3M
+20.0%
Rs 218.6M
+168.6%
Rs 81.4M
-70.9%
Rs 279.8M
+31.8%
Rs 212.4M
-1.9%
Rs 216.6M
-22.6%
Rs 279.7M
+27.2%
Net profit
Rs 265.2M
-56.5%
Rs 610.2M
turned profitable
Rs -65.7M
loss narrowed
Rs -318.7M
fell into loss
Rs 724.3M
+5.2%
Rs 688.5M
+64.3%
Rs 419.2M
-25.1%
Rs 559.6M
+27.4%
EPS
0.33
-60.2%
0.83
-0.17
-0.45
1.13
+3.7%
1.09
+70.3%
0.64
-28.1%
0.89
+9.9%

Compared with the same period a year earlier.

Per-share figures are as reported, not adjusted for splits.

Recent dividends

  • 2021 · finalRs 0.35
  • 2020 · finalRs 0.17
  • 2020Rs 0.18
  • 2019Rs 0.31
  • 2018Rs 0.34
  • 2018Rs 0.40
  • 2017Rs 0.24
Peer comparison7 peers in Power & Energy
Sector overview Open in screener
1Windforce PLC
WIND.N0000
Rs 40.00
P/E
35.7
P/B
2.07
ROE
5.79%
Yield
0.00%
2Vidullanka PLC
VLL.N0000
Rs 22.10
P/E
13.1
P/B
2.22
ROE
16.94%
Yield
2.26%
3Vallibel Power Erathna PLC
VPEL.N0000
Rs 15.00
P/E
8.7
P/B
3.19
ROE
36.95%
Yield
4.00%
4Panasian Power Ltd.
PAP.N0000
Rs 12.50
P/E
8.6
P/B
3.47
ROE
40.28%
Yield
1.43%
5LVL Energy Fund PLC
LVEF.N0000 · this company
Rs 5.90
P/E
29.2
P/B
0.66
ROE
3.96%
Yield
0.00%
6LAUGFS Power Plc
LPL.N0000
Rs 10.70
P/E
189.7
P/B
1.83
ROE
17.14%
Yield
0.00%
7Resus Energy Plc
HPWR.N0000
Rs 8.90
P/E
24.7
P/B
1.46
ROE
6.11%
Yield
1.74%
8Lotus Hydro Power Plc
HPFL.N0000
Rs 11.40
P/E
-
P/B
1.89
ROE
-4.02%
Yield
6.84%
Peer median · 7 companies
P/E 18.9P/B 2.07Yield 1.74%

About LVL Energy Fund PLC

LVL Energy Fund PLC is an investment company that holds and manages a portfolio of power generation assets and energy-related investments through subsidiaries and associate companies. The group's activities cover project ownership, development and portfolio management across generation assets. The company’s portfolio spans both renewable and thermal energy, with material involvement in hydro power projects and stakes in regional generation ventures. Its operations and investee exposure are concentrated in Sri Lanka with portfolio exposure across South Asia. Named group companies and holdings include Lanka Energy International (Pvt) Ltd., Pupulaketiya Hydro Power (Pvt) Ltd., Campion Hydro (Pvt) Ltd., LVS Energy (Pvt) Ltd., Unit Energy Lanka (Pvt) Ltd., Neluwa Cascade Hydropower (Pvt) Ltd., Parambe Hydro (Pvt) Ltd., Nividhu (Pvt) Ltd., Hayleys Hydro Energy (Pvt) Ltd., Raj Lanka Power Company Limited, Lakdhanavi Bangla Power Limited and Feni Lanka Power Limited.

Renewable Energy

AI analysis

bearish

Evidence points bearish because June-quarter profit fell 71.3% as revenue contracted, while operating profit barely covered finance costs. The counterweight is a 0.66 times P/B, the lowest in its sector.

Read the full report (Sep 30, 2026) →

News sentiment

Describes news flow, not a forecast
Last 30 days
Not enough news to read

2 articles in 30 days: 0 positive, 0 negative, 2 neutral.

24 months positive negative 3-month net
Dec 24: 1 articles, net +1.00Jun 25: 1 articles, net +1.00Oct 25: 7 articles, net +0.29Nov 25: 1 articles, net -1.00Jan 26: 2 articles, net -0.50May 26: 2 articles, net +0.50Jun 26: 1 articles, net -1.00Oct 24Feb 25Jun 25Oct 25Feb 26Jun 26
Recent news
View all news →
Daily FT·Sep 17, 2026·Market commentary
CSE ends down 0.61% to six-week low

Colombo market slipped 0.61% to a six-week low as the ASPI closed at 21,133.41 amid rising oil prices and fears of an interest-rate hike; 172 counters fell, turnover was over Rs.1.6bn and foreign investors were net sellers of Rs.8m.

Fuel & Energy PricesInterest Rates
Daily FT·Jul 28, 2026·Market commentary
CSE opens week on the up

The CSE opened higher with the ASPI up 0.07% at 21,187.22 and the S&P SL20 up 0.10% at 5,948.74; market turnover exceeded Rs.2bn and foreigners were net buyers (Rs.15.7m). John Keells, Hayleys and HNB were key contributors while capital goods and banking led turnover.

Fuel & Energy Prices
Daily FT·Jul 14, 2026·Market commentary
CSE down sharp 1.07% on Mideast conflict concerns

The ASPI fell 1.07% (233.18 points) to 21,532.38 as investors sold amid renewed Middle East conflict concerns. Market turnover was over Rs 1bn, foreign investors were net sellers of about Rs 56mn, with banks and food & beverage sectors leading activity.

Daily FT·Jul 10, 2026·Market commentary
CSE continues slide, ends down 0.60% on Mideast war

Colombo market fell for an eighth session as ASPI dropped 0.60% (130.78 pts) to 21,697.72 amid renewed Middle East tensions, with turnover over Rs.1.4bn and foreign net outflow of Rs.91.7m. Declines were led by Commercial Bank, Melstacorp, Hayleys and John Keells, while capital goods, food & beverage and banking drove turnover.

Daily FT·Jul 4, 2026·Market commentary
CSE falls 1% during week

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).

EconomyNext·May 25, 2026·Market commentaryPositive
Sri Lanka stocks trend up Monday, ASPI up 1.99-pct

Colombo Stock Exchange ASPI rose 1.96% (430.21 pts) to 22,359.85 on Monday, with the S&P SL20 up 1.93%. Top contributors included Dialog Axiata, John Keells, Commercial Bank and Hemas; Ceylon Cold Stores reported Q1 profit up 75% to Rs 3.76bn and LVL Energy Fund's rights issue was oversubscribed.

Daily FT·May 12, 2026·Market commentary
CSE starts week in red amid foreign buying

Colombo market closed lower as the ASPI fell 0.23% to 23,011.72 despite net foreign inflows of Rs. 597.5m; banking sector led turnover with large SEYB crossings and gains, while COMB, CINS, DFCC and Colombo Dockyard were among top negative contributors.

Fuel & Energy Prices

Power & Energy sector: what is happening

Last 14 days to Sep 30, 2026

Rising 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.