Sri Lanka's ASPI rose 0.17% to 21,657.17 in early trading while the S&P SL20 gained 0.54% to 6,091.65 on turnover of Rs 446 million. Several firms were placed or moved to the watchlist for non-submission of FY2026 annual reports (SHL, HELA, MEL, LGL, EXT, BFN, TESS, EMER); top gainers included DIAL, HNB, COMB, AEL, ACL and top losers HAYC, DOCK, BIL, CCS.
Power & Energy · Alternative Power Generation
Mackwoods Energy PLC provides total energy solutions in Sri Lanka, offering a wide range of energy products, services and renewable energy solutions to meet national energy requirements and support trade and industry.
MEL shares are up 4.4% over the past year and last closed at Rs 4.70 on Sep 30, 2026.
Monthly seasonality
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +61.0 | +1.5 | -6.0 | +7.9 | -4.4 | -9.2 | -13.6 | -3.9 | -4.1 | +0.0 | +0.0 | +0.0 |
| 2025 | +13.6 | -12.0 | -4.5 | +0.0 | +4.8 | +27.3 | +0.0 | +89.3 | -13.2 | +0.0 | -6.5 | -4.7 |
| 2024 | -11.1 | +6.3 | +11.8 | +10.5 | -4.8 | -5.0 | +5.3 | +0.0 | +10.0 | +0.0 | +0.0 | +0.0 |
| 2023 | -12.0 | -4.5 | +4.8 | -4.5 | -14.3 | +16.7 | +9.5 | -8.7 | -4.8 | -10.0 | +5.6 | -5.3 |
| 2022 | -3.3 | -3.4 | -35.7 | +11.1 | +5.0 | +14.3 | -8.3 | +13.6 | +4.0 | -3.8 | +0.0 | +0.0 |
| 2021 | -5.7 | -12.1 | -20.7 | +13.0 | +7.7 | -3.6 | +11.1 | +0.0 | -3.3 | +0.0 | +0.0 | +3.4 |
| 2020 | +0.0 | -10.0 | -33.3 | +0.0 | +0.0 | +7.7 | +21.4 | -5.9 | +125.0 | -8.3 | +6.1 | +0.0 |
| 2019 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | -4.3 | -9.1 | +35.0 | -14.8 | -13.0 |
| 2018 | -4.5 | +0.0 | +0.0 | +0.0 | +0.0 | -9.5 | +10.5 | -9.5 | +0.0 | +0.0 | +0.0 | +0.0 |
| 2017 | +0.0 | -13.8 | -4.0 | +12.5 | +7.4 | -3.4 | -3.6 | -7.4 | +8.0 | +3.7 | -10.7 | -12.0 |
| 2016 | -11.8 | -22.2 | -20.0 | +25.0 | -2.9 | -11.8 | +10.0 | +0.0 | -3.0 | -6.3 | -3.3 | +0.0 |
| 2015 | +0.0 | +9.4 | -14.3 | +5.0 | -1.6 | -3.2 | +5.0 | -6.3 | -6.8 | +3.6 | -8.8 | -1.9 |
| 2014 | +1.4 | -2.8 | +4.3 | -11.0 | +10.8 | -4.2 | +0.0 | +0.0 | +4.3 | -2.8 | -8.6 | +0.0 |
| 2013 | -12.1 | -13.8 | +13.0 | -6.2 | +0.9 | -14.0 | -5.4 | -20.7 | +20.3 | -2.4 | -12.3 | +0.0 |
| 2012 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +12.4 | -6.8 | +11.8 | +12.2 | -4.3 | -1.5 | +1.5 |
| Average | +1.2 | -6.0 | -8.1 | +5.3 | +0.7 | +1.0 | +2.5 | +3.2 | +9.3 | +0.3 | -4.2 | -2.5 |
| 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 | -3.3 | -4.5 | -4.5 | +6.5 | +0.5 | -3.5 | +2.5 | -3.9 | +0.0 | -2.4 | -3.3 | +0.0 |
| % up | 23% | 23% | 31% | 58% | 50% | 36% | 50% | 20% | 47% | 23% | 15% | 15% |
Fundamentals
| Line | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | Rs 17.9M -13.5% | Rs 20.7M +28.5% | Rs 16.1M -19.9% | Rs 20.1M +216.6% | Rs 6.3M +463.7% | Rs 1.1M +12.1% | Rs 1.0M -85.4% | Rs 6.9M -73.5% |
| Operating profit | Rs 2.1M -24.0% | Rs 2.8M +198.6% | Rs 934.4K -60.5% | Rs 2.4M +133.5% | Rs 1.0M | - | Rs -156.6M | Rs -37.3M |
| Net profit | Rs 3.1M +12.1% | Rs 2.8M +205.7% | Rs 903.1K -61.4% | Rs 2.3M +76.1% | Rs 1.3M turned profitable | Rs -281.2M loss widened | Rs -159.3M loss widened | Rs -18.1M loss widened |
| EPS | 0.01 | -0.08 | 0.01 -50.0% | 0.02 +100.0% | 0.01 | -2.81 | -1.59 | -0.18 |
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
- 2015Rs 0.10
- 2014Rs 0.10
| # | Company | Price | Mkt cap | P/E | P/B | EPS | ROE | Div Yield |
|---|---|---|---|---|---|---|---|---|
| 1 | LIOC.N0000 | 130.50 | Rs 69.5B | 7.1 | 0.74 | 18.34 | 10.44% | 3.83% |
| 2 | WIND.N0000 | 40.00 | Rs 54.2B | 35.7 | 2.07 | 1.12 | 5.79% | 0.00% |
| 3 | VLL.N0000 | 22.10 | Rs 22.8B | 13.1 | 2.22 | 1.69 | 16.94% | 2.26% |
| 4 | LGL.N0000 | 43.30 | Rs 16.2B | - | - | -9.32 | -118.21% | 0.00% |
| 5 | VPEL.N0000 | 15.00 | Rs 11.2B | 8.7 | 3.19 | 1.73 | 36.95% | 4.00% |
| 6 | PAP.N0000 | 12.50 | Rs 7.8B | 8.6 | 3.47 | 1.46 | 40.28% | 1.43% |
| 7 | LVEF.N0000 | 5.90 | Rs 4.5B | 29.2 | 0.66 | 0.20 | 3.96% | 0.00% |
| 8 | LPL.N0000 | 10.70 | Rs 4.0B | 189.7 | 1.83 | 0.06 | 17.14% | 0.00% |
| 11 | MEL.N0000 · this company | 4.70 | Rs 470.0M | 117.5 | 1.61 | 0.04 | 1.34% | 0.00% |
| Sector median · 11 companies | - | - | 24.7 | 1.86 | - | - | 1.43% |
About Greentech Energy Plc
Mackwoods Energy PLC provides total energy solutions in Sri Lanka, offering a wide range of energy products, services and renewable energy solutions to meet national energy requirements and support trade and industry. The company describes its activities as including competitive supply of products and services, and development of renewable energy projects. Its operations cover procurement, production and distribution of energy products and related services, with an objective to diversify into new products, markets and renewable energy projects. The company states a focus on delivering products and services in a sustainable and environmentally friendly manner. Mackwoods Energy PLC is incorporated and domiciled in Sri Lanka, with its registered office and principal place of business at No.97, Ananda Rajakaruna Mawatha, Colombo 10. The company is listed on the Diri Savi Board of the Colombo Stock Exchange and its parent undertaking is Mackwoods (Pvt) Ltd.
AI analysis
bearishGreentech Energy's latest quarter delivered its strongest operating margin in the available record, but the share still trades at 151 times earnings after falling 18.2% in three months.
Read the full report (Aug 19, 2026) →News sentiment
Describes news flow, not a forecast1 article in 30 days: 0 positive, 1 negative, 0 neutral.
Colombo Stock Exchange opened higher, ASPI up 0.71% to 21,571.61, led by consumer durables and apparel with Teejay Lanka contributing Rs.546.8 million to morning turnover. Commercial Bank and Nations Trust Bank were top positive contributors; National Development Bank was the top negative contributor.
Power & Energy sector: what is happening
Last 14 days to Sep 30, 2026Rising 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.