Plantations & Agriculture · Agricultural Commodities/Milling
Maskeliya Plantations PLC is a Colombo Stock Exchange listed plantation company managed by RPC Management Services (Pvt) Ltd.
MASK shares are down 48.7% over the past year and last closed at Rs 60.00 on Sep 30, 2026.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -7.4 | +0.0 | -5.3 | +1.0 | +1.8 | -4.7 | -6.6 | -4.6 | +0.8 | +0.0 | +0.0 | +0.0 |
| 2025 | +20.2 | -15.3 | -4.8 | +5.6 | +0.0 | -0.5 | +14.5 | +3.3 | +19.3 | -10.3 | -14.8 | -9.5 |
| 2024 | -2.3 | -2.7 | -3.3 | +1.9 | -0.9 | -2.5 | -2.9 | +12.1 | +5.8 | +72.9 | +23.8 | +5.2 |
| 2023 | +7.3 | -6.8 | -11.0 | +2.7 | -4.0 | -11.9 | +27.8 | -9.9 | -6.6 | -5.0 | +0.3 | +6.8 |
| 2022 | -0.6 | -23.3 | -23.0 | +11.7 | +42.9 | +18.0 | +114.7 | +88.2 | -4.9 | -25.0 | -16.7 | -3.5 |
| 2021 | -9.3 | -15.4 | +0.9 | -2.6 | +9.7 | -3.2 | +5.8 | -11.0 | +8.0 | +9.8 | -8.2 | +30.1 |
| 2020 | -5.0 | +0.0 | -13.7 | +0.0 | +0.0 | +3.8 | +14.5 | +26.3 | +25.0 | +0.0 | -10.0 | +11.1 |
| 2019 | +22.5 | -12.0 | -0.9 | -10.1 | -1.0 | -7.2 | +20.0 | -7.4 | -1.0 | +9.1 | -2.8 | -4.8 |
| 2018 | -3.1 | -0.5 | -12.4 | +10.5 | -4.3 | -20.9 | -13.2 | -16.7 | -3.5 | -5.4 | -6.7 | +4.1 |
| 2017 | +3.8 | -13.4 | +7.0 | +9.2 | +42.2 | +15.3 | +3.7 | +5.0 | +50.0 | +23.0 | -21.6 | +5.1 |
| 2016 | -11.1 | +0.0 | -3.7 | +14.3 | -2.3 | -16.3 | +5.6 | +5.3 | +7.5 | -1.2 | +1.2 | -8.1 |
| 2015 | -4.0 | +5.8 | -22.0 | +7.1 | -5.7 | -2.0 | +9.2 | -4.7 | -2.0 | -4.0 | +3.1 | -9.1 |
| 2014 | +14.3 | -11.7 | -5.7 | +6.0 | +3.8 | +4.5 | +7.0 | +16.3 | -2.8 | +6.5 | -17.6 | +2.5 |
| 2013 | +0.8 | -4.7 | -0.8 | +7.4 | +1.5 | +2.3 | -7.4 | -9.6 | -3.5 | +12.8 | -17.9 | +4.0 |
| 2012 | +0.0 | +0.0 | +0.0 | -14.6 | -11.0 | -0.8 | +6.2 | -6.6 | +55.5 | -35.2 | -9.3 | +8.5 |
| Average | +1.9 | -7.1 | -7.1 | +3.6 | +5.2 | -1.7 | +13.2 | +5.7 | +9.8 | +3.4 | -6.9 | +3.0 |
| 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 | -1.5 | -5.8 | -5.1 | +5.8 | -0.5 | -2.0 | +6.2 | -4.6 | +0.8 | -0.6 | -8.8 | +4.0 |
| % up | 43% | 7% | 14% | 79% | 43% | 33% | 73% | 47% | 53% | 43% | 29% | 64% |
| Line | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | Rs 7.1B +5.0% | Rs 6.7B +6.4% | Rs 6.3B +2.6% | Rs 6.2B +54.0% | Rs 4.0B +0.8% | Rs 4.0B +7.0% | Rs 3.7B -10.8% | Rs 4.2B -7.8% |
| Operating profit | Rs 1.1B -31.6% | Rs 1.6B +67.9% | Rs 927.9M -41.2% | Rs 1.6B +319.8% | Rs 375.6M | - | - | Rs 238.6M -57.2% |
| Net profit | Rs 658.1M -31.3% | Rs 958.4M +104.7% | Rs 468.1M -47.2% | Rs 886.6M +445.0% | Rs 162.7M +57.1% | Rs 103.5M turned profitable | Rs -576.1M fell into loss | Rs 5.3M -97.9% |
| EPS | 12.20 -31.3% | 17.76 +104.6% | 8.68 -47.2% | 16.43 +445.9% | 3.01 +56.8% | 1.92 | -10.68 | 0.10 -97.9% |
Compared with the same period a year earlier.
Parent company only. Subsidiaries are not included.
Per-share figures are as reported, not adjusted for splits.
| # | Company | Price | Mkt cap | P/E | P/B | EPS | ROE | Div Yield |
|---|---|---|---|---|---|---|---|---|
| 1 | KOTA.N0000 | 8.10 | Rs 3.4B | 9.0 | 1.00 | 0.90 | 10.03% | 0.00% |
| 2 | MASK.N0000 · this company | 60.00 | Rs 3.2B | 5.1 | 1.04 | 11.83 | 20.42% | 6.67% |
| 3 | KGAL.N0000 | 127.50 | Rs 3.2B | 30.7 | 0.61 | 4.15 | 2.00% | 2.35% |
| 4 | BALA.N0000 | 58.40 | Rs 2.8B | 7.3 | 0.60 | 8.00 | 8.17% | 0.86% |
| 5 | UDPL.N0000 | 140.00 | Rs 2.7B | 4.0 | 0.51 | 34.75 | 12.39% | 0.00% |
| 6 | HAPU.N0000 | 54.60 | Rs 2.5B | 14.6 | 0.59 | 3.73 | 4.06% | 0.00% |
| 7 | MADU.N0000 | 9.00 | Rs 1.5B | - | 2.42 | -0.61 | 8.02% | 0.00% |
| 8 | KAHA.N0000 | 15.00 | Rs 1.5B | - | 1.43 | -0.75 | -6.78% | 0.00% |
| Peer median · 8 companies | - | - | 9.3 | 0.81 | - | - | 0.00% |
Maskeliya Plantations PLC is a Colombo Stock Exchange listed plantation company managed by RPC Management Services (Pvt) Ltd. Its core business is the cultivation and manufacture of high-quality black tea, operating a vertically integrated model that includes 18 estates across Upcot, Maskeliya, Talawakelle and Bandarawela and 15 owned tea processing centres equipped with modern machinery. The company uses two tea manufacturing systems (Leafy Orthodox and Rotorvane) and markets teas for auction and export under a number of selling marks, including Brunswick, Glentilt, Glenugie, Mocha and Strathspey among others. Beyond tea, Maskeliya Plantations PLC manages timber plantations and has diversified into other high-value crops such as coffee, cinnamon and various fruits to improve land productivity and revenue streams. The company emphasises sustainability and quality, noting Rainforest Alliance certification for its estates and ISO 22000:2018 certification for its factories, and pursues field development, mechanisation and value-added/speciality tea initiatives to align production with market demand.
The evidence points to a neutral view: 5.2-times earnings are offset by an 11.7% June-quarter profit decline. A high dividend yield is the main counterweight.
Read the full report (Sep 22, 2026) →No scored news in the last 30 days.
Colombo Stock Exchange closed higher Monday with the ASPI up 0.65% at 22,695.00 and turnover of 4.81 billion rupees, driven by buying in banking counters. Top contributors included NDB, Dialog, Melstacorp and Colombo Dockyard, while Ceylinco Insurance and Windforce were among decliners.
Dividend · Rs 4.00 · XD Apr 10, 2026
First Interim dividend of LKR 4/share; XD 2026-04-10; record 2026-04-14; payable 2026-04-30; FY ended 31st March 2026
Multiple plantation companies (Agarapatana, Elpitiya, Talawakelle, Hatton, Watawala, Kegalle, Kelani Valley, Maskeliya, Namunukula, Kahawatte and Balangoda) are running scholarship programs supporting hundreds of students; Elpitiya alone funds 100 university and 80 A/L students at a cost exceeding LKR 12.4m.
Maskeliya Plantations PLC appointed Vipula Pusselle as CEO effective 2 May 2025; he had been Acting CEO since 2023 and has over three decades of experience in the tea industry.
Laxapana Estate, managed by RPC Management Services of the Richard Pieris Group, produces up to 700,000 kg/year of western high-grown semi-orthodox black tea. The estate—historically linked to Maskeliya Plantations PLC—holds multiple quality certifications and runs sustainability and tourism initiatives.
Dividend · Rs 4.50 · XD Mar 5, 2025
First Interim dividend of LKR 4.5/share; XD 2025-03-05; record 2025-03-05; payable 2025-03-25; FY 2024/2025
Colombo Stock Exchange rebounded as the ASPI rose 0.27% to 12,290 on turnover of about Rs.1.75 billion, driven by gains in hotel counters and select plantation and telecom stocks.
Colombo Stock Exchange closed higher: All Share Index +0.27% to 12,290 and S&P SL20 +0.17% to 3,613 on turnover of Rs 1.7 billion. Top movers included Dialog, Digital Mobility, Dipped Products, Maskeliya and Hemas, with net foreign outflow of Rs 317 million and mixed foreign buying/selling across counters.
Colombo market closed lower with the S&P SL20 down 0.7% and ASPI down 0.4%, while foreigners were net buyers of Rs.153.6m. Banks (e.g. Commercial Bank, Sampath) dragged indices, while Balangoda Plantations, John Keells and Hayleys Fabric led turnover with mixed price moves.
Heavy August rain and cloud cover cut High Grown tea output to a 34-year monthly low, pulling national production below a year earlier. Tea exports weakened as August merchandise tea exports fell, while eight-month shipments and US dollar earnings declined amid higher freight and insurance costs and a lower average FOB. Sector bodies also pressed for productivity, mechanisation and value addition.
Auto-generated from 17 sector news articles over 14 days. Not investment advice.