Sri Lanka's ASPI closed up 0.15% at 21,085.15 as positive sentiment followed a rating hike; turnover was Rs 1.32bn. Top contributors included Commercial Bank, Dialog Axiata, HNB and Hemas, while Carson Cumberbatch, Hayleys and Lion Brewery were among laggards; trades noted in Maharaja Foods, DIMO, Dipped Products and Browns Investments.
Consumer & Retail · Food: Major Diversified
Maharaja Foods PLC manufactures, packages and distributes authentic Sri Lankan food and grocery products for domestic and export markets under its own brands and through private label arrangements.
MFPE shares are up 26.9% over the past year and last closed at Rs 14.70 on Sep 30, 2026.
Monthly seasonality
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +2.3 | +8.5 | -8.5 | +34.9 | +0.0 | +2.9 | -9.5 | +0.6 | -8.7 | +0.0 | +0.0 | +0.0 |
| 2025 | +0.0 | -5.8 | +0.0 | +9.2 | +39.4 | -4.0 | -1.1 | +11.7 | +14.3 | +0.8 | -1.7 | +10.1 |
| 2024 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +3.9 | +0.0 | +26.4 | +3.0 |
| Average | +1.1 | +1.3 | -4.3 | +22.1 | +19.7 | -0.6 | -5.3 | +6.2 | +3.2 | +0.4 | +12.4 | +6.5 |
| 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 | +1.1 | +1.3 | -4.3 | +22.1 | +19.7 | -0.6 | -5.3 | +6.2 | +3.9 | +0.4 | +12.4 | +6.5 |
| % up | 50% | 50% | 0% | 100% | 50% | 50% | 0% | 100% | 67% | 50% | 50% | 100% |
Fundamentals
| Line | FY2026 | FY2025 | FY2024 |
|---|---|---|---|
| Revenue | Rs 1.0B +61.9% | Rs 630.4M +26.8% | Rs 497.0M |
| Operating profit | Rs 84.9M +3.0% | Rs 82.5M | - |
| Net profit | Rs 34.5M -30.9% | Rs 49.9M +60.5% | Rs 31.1M |
| EPS | 0.27 -35.7% | 0.42 | - |
Compared with the same period a year earlier.
Per-share figures are as reported, not adjusted for splits.
Recent dividends
- 2026Rs 0.10
- 2025 · first and finalRs 0.10
| # | Company | Price | Mkt cap | P/E | P/B | EPS | ROE | Div Yield |
|---|---|---|---|---|---|---|---|---|
| 1 | HARI.N0000 | 5,010.00 | Rs 9.6B | 27.5 | 4.69 | 182.27 | 17.05% | 1.46% |
| 2 | COCO.N0000 | 22.20 | Rs 8.3B | 13.7 | 1.24 | 1.62 | 8.73% | 0.85% |
| 3 | SOY.N0000 | 1,952.00 | Rs 5.4B | 7.4 | 1.30 | 264.58 | 17.56% | 0.41% |
| 4 | RWSL.N0000 | 17.90 | Rs 5.1B | 17.7 | 1.51 | 1.01 | 8.50% | 2.79% |
| 5 | KFP.N0000 | 161.25 | Rs 4.1B | 17.2 | 1.93 | 9.38 | 11.26% | 2.91% |
| 6 | MFPE.N0000 · this company | 14.70 | Rs 2.0B | 54.4 | 4.50 | 0.27 | 8.55% | 1.33% |
| 7 | TESS.N0000 | 1.80 | Rs 1.5B | 34.2 | 2.69 | 0.05 | 5.81% | 0.00% |
| Peer median · 6 companies | - | - | 17.5 | 1.72 | - | - | 1.16% |
About Maharaja Foods Plc
Maharaja Foods PLC manufactures, packages and distributes authentic Sri Lankan food and grocery products for domestic and export markets under its own brands and through private label arrangements. Its product portfolio covers rice- and flour-based items, spices and masalas, oils, coconut and palmyrah products, fish-based items and assorted grocery goods. The Group is headquartered in Colombo and operates a main manufacturing and processing facility in Mabola, Wattala, with additional production capacity and a raw rice polishing plant in Mirigama; it is an Export Development Board (EDB) registered exporter. Maharaja Foods supplies approximately 5,000 retail outlets across Sri Lanka and exports to markets including France, the United Kingdom, wider Europe, Australia, the UAE and Singapore. The corporate structure includes related entities such as G.T.V. Global Holdings (Pvt) Ltd and group companies named Maharaja Supermarkets (Pvt) Limited and Maharaja Marketing (Pvt) Limited; the Group also exports third-party grocery and household items and works with retail and wholesale distributors overseas.
AI analysis
bearishEvidence points bearish because the shares trade at 54.8 times earnings while audited profit fell 30.9%. The June quarter's 7.6% net margin is the main counterweight.
Read the full report (Sep 28, 2026) →News sentiment
Describes news flow, not a forecast2 articles in 30 days: 1 positive, 0 negative, 1 neutral.
Dividend · 1:188.235487 at Rs 0.10 · XD Sep 28, 2026
Dividend; XD 2026-09-28; record 2026-09-29; payable 2026-10-28; FY 31st March 2026
The Sri Lanka Institute of Directors (SLID), with EY, will host an INED Forum titled 'Resilient Boards Amidst Rising Risks' on 10 September 2026 (5:00-7:00pm) at the Courtyard, Cinnamon Grand Colombo, featuring guest speaker Sanjeev Gupta and moderated by Maharaja Foods PLC Chairman Imran Furkan.
Colombo Stock Exchange rose: ASPI +0.33% to 21,395.11 and S&P SL20 +0.40% to 6,007.23, with turnover Rs 2.45 bn. Top gainers included Haycarb, Royal Ceramics, Dipped Products, Access Engineering and Dialog Axiata; HNB, Pan Asia, DFCC and SANASA Development Bank were laggards. Maharaja Foods issued an addendum setting an EGM on Sep 25, 2026 for its proposed scrip dividend.
Dividend · Rs 0.10
Dividend of LKR 0.1/share; FY 31st March 2026
Colombo Stock Exchange indices rose on Monday (ASPI +0.26% to 21,371.18; S&P SL20 +0.34% to 6,025.88) with market turnover at LKR 144.9m and capital goods leading turnover at LKR 66.6m. Maharaja Foods announced a final scrip dividend of Rs 0.10/share (net Rs 0.085), to be satisfied by issuing 730,468 new shares at Rs 16 each.
Dividend · Rs 0.10
Dividend of LKR 0.1/share; FY 31st March 2026
Sri Lanka's ASPI fell 0.29% to 21,416.57 while the S&P SL20 dropped 0.34% to 6,020.38, with market turnover at LKR 1.54 billion. Top positive contributors included Hayleys, Hemas, CTC and Central Finance, while Dialog, LOLC and DFCC were main negatives; Maharaja Foods saw director purchases and closed up 0.61%.
Maharaja Foods PLC appointed Imran Furkan as chairman and added Gimhan Sawinda Rajapaksha Dissanayake as an independent non-executive director. Former chairman Guganathan Vijayananth becomes an executive non-independent director focusing on retail expansion while Vithyanath Guganathan remains managing director.
Consumer & Retail sector: what is happening
Last 14 days to Sep 30, 2026Consumer retail faced pressure from accelerating food, transport and housing inflation, with petrol a major contributor to the rise in national prices and purchasing power weakened by higher energy costs and tax hikes. Wholesale and retail activity nevertheless helped drive faster services-sector expansion in August. Specialist retail also consolidated as Blink International acquired Wrist Lab, combining retail, distribution and after-sales networks.
The stories behind it
Auto-generated from 8 sector news articles over 14 days. Not investment advice.