EquityLK

Mahaweli Coconut Plantations PLC

MCPL.N0000Fairly valued

Plantations & Agriculture · Agricultural Commodities/Milling

Mahaweli Coconut Plantations PLC is a Sri Lanka-based plantation and agribusiness company focused on cultivating coconuts and converting plantation outputs into value-added coconut products. Its operations cover coconut cultivation, harvesting and the sale of raw coconuts, husks and shells.

MCPL shares are up 9.1% over the past year and last closed at Rs 52.50 on Sep 30, 2026.

Rs 52.50
+0.77%
Price history
+9.15%

Monthly seasonality

Monthly total returns by year and calendar month
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026+3.4-2.4-5.2+1.6-4.3+1.2+1.6+4.1-0.6+0.0+0.0+0.0
2025+13.9-14.0-4.4-0.5+11.1+0.5-2.4+21.9-2.9+5.7+1.2+4.3
2024-7.9+5.5+0.7+1.1+5.8+0.0-2.8-0.7+8.9+7.9-5.8+27.4
2023-2.2+4.2-2.7-5.6+2.9-2.9-5.9-8.4+2.4-7.3-6.5+6.5
2022-1.1-22.3-6.0+2.6-19.3+3.7+9.9+18.5+1.8-16.4+7.8-9.3
2021+0.0-6.9+1.9+9.1+5.0-1.3+3.5+9.6+11.9+3.8+23.4+6.7
2020-9.4+9.2-10.5+0.0+0.0+5.0+19.7+11.1+8.8+0.0+3.7+2.8
2019+0.0+0.0+0.0+0.0+0.0+0.0+2.0-14.1-8.7-2.8+1.1+1.1
Average-0.5-3.8-3.8+1.4+0.2+0.9+3.2+5.3+2.7-1.3+3.6+5.7
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-1.1-2.4-4.4+1.3+4.0+0.5+1.8+6.9+2.1+0.0+1.2+4.3
% up29%43%29%67%67%57%63%63%63%43%71%86%
P/E
15.2
P/B
2.16
EPS
Rs 3.46
Div Yield
5.79%
Market Cap
Rs 1.8B
Beta
0.13
ROE
13.9%
Op Margin
-35.3% (-46.8pp)

Fundamentals

LineFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Revenue
Rs 456.9M
+9.9%
Rs 415.7M
+49.0%
Rs 279.0M
-14.0%
Rs 324.5M
+32.8%
Rs 244.4M
+6.2%
Rs 230.2M
+28.1%
Rs 179.8M
+13.3%
Rs 158.7M
Operating profit
Rs 132.6M
-24.5%
Rs 175.5M
+98.5%
Rs 88.4M
-18.7%
Rs 108.7M
-41.7%
Rs 186.5M
+53.4%
Rs 121.6M
+431.8%
Rs 22.9M
-78.0%
Rs 103.7M
Net profit
Rs 121.0M
-13.8%
Rs 140.4M
+3.2%
Rs 136.0M
+95.3%
Rs 69.6M
-63.6%
Rs 191.3M
+47.2%
Rs 129.9M
+262.0%
Rs 35.9M
-65.1%
Rs 102.8M
EPS
3.46
-13.7%
4.01
+3.4%
3.88
+95.0%
1.99
-63.6%
5.46
+47.2%
3.71
+256.7%
1.04
-65.8%
3.04

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.

Recent dividends

  • 2026 · first and finalRs 3.00
  • 2025 · first and finalRs 3.00
  • 2024 · finalRs 2.00
  • 2023 · finalRs 1.50
  • 2022 · finalRs 1.50
  • 2022 · first interimRs 1.00
  • 2021 · finalRs 1.50
  • 2021 · first interimRs 0.75
Peer comparison3 peers in Plantations & Agriculture
Sector overview Open in screener
1Renuka Agri Foods Ltd.
RAL.N0000
Rs 11.20
P/E
9.1
P/B
1.77
ROE
10.50%
Yield
0.89%
2Mahaweli Coconut Plantations PLC
MCPL.N0000 · this company
Rs 52.50
P/E
15.2
P/B
2.16
ROE
13.92%
Yield
5.79%
3Eastern Merchants PLC
EMER.N0000
Rs 10.10
P/E
-
P/B
0.60
ROE
-2.29%
Yield
0.00%
4Tea Smallholder Factories Plc
TSML.N0000
Rs 34.30
P/E
6.4
P/B
0.54
ROE
8.45%
Yield
0.00%
Peer median · 3 companies
P/E -P/B 0.60Yield 0.00%

About Mahaweli Coconut Plantations PLC

Mahaweli Coconut Plantations PLC is a Sri Lanka-based plantation and agribusiness company focused on cultivating coconuts and converting plantation outputs into value-added coconut products. Its operations cover coconut cultivation, harvesting and the sale of raw coconuts, husks and shells. The company operates processing and manufacturing facilities that produce copra, coco peat, coir, coco chips and charcoal, and it has invested in expanding coir processing capacity and other factory infrastructure. Operations are carried out across multiple plantation fields and supported by machinery and manufactured assets to transform raw materials into finished goods. MCPPLC integrates natural-resource management and social initiatives into its operations, including water management, biodiversity and community engagement programs, and investments in renewable energy and infrastructure to improve operational resilience. The company operates under Sri Lankan regulatory and reporting frameworks.

Rupee & ForexTea & Plantation Crops

AI analysis

bearish

MCPL's June quarter delivered its worst gross and operating margins in five comparable June periods. The share trades on 24.7x earnings despite this earnings volatility.

Read the full report (Sep 2, 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
Aug 25: 1 articles, net +1.00Apr 26: 1 articles, net +1.00Aug 26: 1 articles, net +1.00Sep 24Jan 25May 25Sep 25Jan 26May 26
Recent news
View all news →
EconomyNext·Aug 28, 2026·Market commentaryPositive
Sri Lanka stocks close higher with ASPI up 0.20-pct

Colombo Stock Exchange closed higher on Friday with the ASPI up 0.20% to 21,322.86 and the S&P SL20 up 0.34% to 6,015.18, on turnover of 2.2 billion rupees. Top contributors were Cargills, Hayleys, NTB, Haycarb and Commercial Bank; Sampath led declines; Raigam Wayamba Salterns and Mahaweli Coconut Plantations announced dividends.

Daily FT·Aug 10, 2026·Award or certification
CMA Sri Lanka recognises outstanding professional accountants

CMA Sri Lanka presented the 'CMA Business Excellence Awards 2026' at its National Management Accounting Conference (20-21 July 2026, Cinnamon Life), honoring accounting professionals including executives from Kelani Cables (CFO), Mahaweli Coconut Plantations (MD) and Autodrome (Joint MD).

EconomyNext·Apr 30, 2026·Market commentaryPositive
Sri Lanka stocks down midday, plantations see interest

Colombo Stock Exchange ASPI fell 0.37% to 22,552.24 midday, with plantations (Watawala, Sunshine, Namunukula among others) leading gains while John Keells, Sampath and Commercial Bank weighed on the index. Market turnover was Rs2bn; Abans Finance completed a debenture issue to raise Rs1.33bn.

Tea & Plantation Crops
EconomyNext·Jan 5, 2026·Market commentaryPositive
Sri Lanka stocks gain 0.66-pct on diversified financials, construction shares

Colombo Stock Exchange rose 0.66% as the ASPI closed 150.67 points higher at 23,014.75. Top contributors included Commercial Bank, Carson Cumberbatch, ACL Cables, LOLC and Sampath Bank; turnover rose to 5.7 billion rupees and net foreign outflow was 87 million rupees.

Daily FT·Apr 21, 2025·Promotional / marketing
CSE and SEC empower SMEs on capital raising through listing

The CSE and SEC held an Issuer Forum in Gampaha to guide SMEs on raising capital via listing on the Empower and Diri Savi Boards. NDB Investment Bank delivered the main presentation and Mahaweli Coconut Plantations' MD participated on the panel.

Ada Derana·Apr 11, 2025·Promotional / marketing
Empowering SMEs on Capital Raising Through Listing

The CSE and SEC hosted an Issuer Forum in Gampaha to help SMEs explore capital raising via listing on the Empower and Diri Savi boards. The event drew over 70 participants and featured speakers from NDB Investment Bank, the SEC, the CSE and Mahaweli Coconut Plantations.

Plantations & Agriculture sector: what is happening

Last 14 days to Sep 30, 2026

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.

The stories behind it

Auto-generated from 17 sector news articles over 14 days. Not investment advice.