CSE filing·Sep 30, 2026Positive
SECOND INTERIM DIVIDEND FOR THE FINANCIAL YEAR ENDING 31ST MARCH 2027Dividend · Rs 0.27 · XD Oct 9, 2026
Second Interim dividend of LKR 0.27/share; XD 2026-10-09; record 2026-10-12; payable 2026-10-21; FY 2026/2027
Manufacturing · Textiles
Hayleys Fabric PLC is a Sri Lankan manufacturer of knitted fabric that supplies a wide range of knits and fabrics to high-end global fashion brands.
MGT shares are down 42.0% over the past year and last closed at Rs 25.70 on Sep 30, 2026.
Rs 25.70
+0.39%Price history
-41.99%
Monthly seasonality
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -1.2 | -4.7 | -20.6 | +1.6 | +3.9 | -2.5 | -4.5 | -6.0 | -8.2 | +0.0 | +0.0 | +0.0 |
| 2025 | -2.0 | -6.9 | -7.4 | -8.2 | +0.7 | +8.6 | -3.0 | +0.0 | -2.2 | -3.6 | -3.3 | -0.7 |
| 2024 | -3.2 | +5.1 | +1.2 | -2.2 | +5.9 | +8.6 | -1.5 | -1.3 | +15.6 | +0.2 | -4.9 | +9.6 |
| 2023 | +5.8 | +16.0 | -9.1 | +0.0 | -10.0 | +4.9 | +45.1 | +26.7 | +10.8 | -10.8 | -6.0 | -0.5 |
| 2022 | -1.5 | -11.4 | -21.8 | +6.4 | +7.4 | -5.6 | +18.5 | +6.1 | -8.9 | -19.1 | -9.6 | -11.1 |
| 2021 | +25.9 | -13.1 | -7.2 | +24.1 | +5.7 | -1.6 | +26.4 | +47.4 | +1.8 | +6.7 | +7.9 | +3.3 |
| 2020 | -2.2 | -28.6 | -28.8 | +0.0 | +0.0 | +22.3 | +0.8 | +24.4 | +65.2 | -13.8 | +13.3 | +9.0 |
| 2019 | +2.2 | -4.3 | -4.4 | +2.3 | -6.8 | +4.9 | +43.0 | +20.3 | +1.4 | +8.0 | +11.1 | -0.6 |
| 2018 | +4.4 | -5.0 | -6.7 | +7.2 | -18.7 | -14.7 | +0.0 | +0.0 | -7.5 | +3.5 | +7.9 | -4.2 |
| 2017 | +8.1 | -8.1 | -8.8 | +25.9 | -6.5 | -1.9 | +6.4 | -7.8 | -2.0 | +8.0 | -9.9 | -7.5 |
| 2016 | -12.0 | -7.1 | -2.2 | +12.8 | -4.4 | -8.2 | +3.4 | +1.1 | -1.1 | -6.0 | -8.7 | -5.7 |
| 2015 | +3.4 | -0.6 | -1.7 | +10.8 | -4.1 | -5.3 | +8.5 | -3.6 | +3.8 | +16.1 | -2.2 | +3.2 |
| 2014 | +8.1 | -11.7 | -3.8 | +3.9 | +1.9 | +13.0 | +12.3 | +8.8 | +26.2 | -2.1 | -13.0 | +8.7 |
| 2013 | +12.9 | -23.7 | +2.0 | -1.0 | +4.0 | -5.7 | -4.0 | +2.1 | -3.1 | +9.6 | +3.9 | +3.7 |
| 2012 | +0.0 | +0.0 | +0.0 | -20.2 | -24.2 | +9.7 | +5.1 | +15.7 | +35.4 | -13.8 | -17.0 | +24.7 |
| Average | +3.5 | -7.4 | -8.5 | +4.5 | -3.2 | +1.8 | +10.4 | +8.9 | +8.5 | -1.2 | -2.2 | +2.3 |
| 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 | +2.8 | -7.0 | -7.0 | +3.1 | -1.7 | -1.6 | +5.1 | +2.1 | +1.4 | -1.0 | -4.1 | +1.4 |
| % up | 57% | 14% | 14% | 64% | 50% | 47% | 67% | 60% | 53% | 50% | 36% | 50% |
P/E
25.4
P/B
0.79
EPS
Rs 1.01
Div Yield
1.87%
Market Cap
Rs 10.7B
Beta
0.55
ROE
-
Op Margin
4.2% (-3.3pp)
Fundamentals
| Line | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2012 |
|---|---|---|---|---|---|---|
| Revenue | Rs 38.3B -13.3% | Rs 44.1B -12.2% | Rs 50.3B -17.6% | Rs 60.9B +92.6% | Rs 31.7B | Rs 5.3B |
| Operating profit | Rs 1.8B -57.9% | Rs 4.2B -26.7% | Rs 5.8B +37.7% | Rs 4.2B +139.1% | Rs 1.8B | Rs -747.9M |
| Net profit | Rs 641.9M -69.8% | Rs 2.1B -16.4% | Rs 2.5B +514.0% | Rs 414.4M -84.6% | Rs 2.7B | Rs -872.6M |
| EPS | 1.54 -69.9% | 5.12 -16.3% | 6.12 +512.0% | 1.00 -84.6% | 6.48 | -17.18 |
Compared with the same period a year earlier.
Per-share figures are as reported, not adjusted for splits.
Recent dividends
- 2027 · second interimRs 0.27
- 2027 · first interimRs 0.11
- 2026 · third interimRs 0.13
- 2026 · second interimRs 0.24
- 2026 · first interimRs 0.25
- 2025 · fourth interimRs 0.35
- 2025 · third interimRs 0.25
- 2025 · second interimRs 0.85
Peer comparison1 peer in Manufacturing
| # | Company | Price | Mkt cap | P/E | P/B | EPS | ROE | Div Yield |
|---|---|---|---|---|---|---|---|---|
| 1 | TJL.N0000 | 29.90 | Rs 21.6B | - | 0.64 | -0.88 | -1.86% | 7.83% |
| 2 | MGT.N0000 · this company | 25.70 | Rs 10.7B | 25.4 | 0.79 | 1.01 | - | 1.87% |
| Sector median · 29 companies | - | - | 12.0 | 1.63 | - | - | 2.05% |
TJL.N0000
Rs 29.90
P/E
-
P/B
0.64
ROE
-1.86%
Yield
7.83%
MGT.N0000 · this company
Rs 25.70
P/E
25.4
P/B
0.79
ROE
-
Yield
1.87%
Sector median · 29 companies
P/E 12.0P/B 1.63Yield 2.05%
About Hayleys Fabric PLC
Hayleys Fabric PLC is a Sri Lankan manufacturer of knitted fabric that supplies a wide range of knits and fabrics to high-end global fashion brands. The company provides end-to-end solutions from design to manufacturing using both natural and synthetic fibres and operates as a public listed subsidiary of Hayleys PLC. It specialises in synthetic knitted fabrics suitable for activewear, lingerie and casual/lounge wear in addition to a regular cotton range; its product capability includes polar fleece, fleece, terry, interlock, double jersey, rib, single jersey, pique, french terry, structured jersey, pointelle, waffle, jacquard, velour and spacer fabrics. The company markets a proprietary brand, Inno, positioned as a niche supplier of value‑added, fashion-forward fabrics. Hayleys Fabric operates production plants at Narthupana Estate (Neboda), the Wagawatte knitting plant (Horana) and South Asia Textiles (Pugoda) following the acquisition of South Asia Textiles Limited in April 2021. The business emphasises innovation, product development and sustainability, supported by an Innovation and Development function and a dedicated design centre.
AI analysis
bearishEvidence points bearish because June profit fell 57% and both operating and net margins were the weakest June readings. The counterweight is a moderately undervalued market-wide score of 62.
Read the full report (Sep 30, 2026) →News sentiment
Describes news flow, not a forecastLast 30 days
Not enough news to read
1 article in 30 days: 1 positive, 0 negative, 0 neutral.
24 months positive negative 3-month net
Recent news
Daily FT·Jul 23, 2026·Award or certificationPositive
Hayleys Fabric PLC Wins Prestigious Global Climate Action Award, Reinforcing International Sustainability LeadershipHayleys Fabric PLC won the Climate Action Award at the 3rd Global ESG & Sustainability Conference & Awards 2026 in Kuala Lumpur, recognising its measurable climate action including SBTi-validated Net Zero targets, renewable energy investments and decarbonisation initiatives.
Renewable EnergyExporters
CSE filing·Jun 30, 2026Negative
FIRST INTERIM DIVIDEND FOR THE FINANCIAL YEAR ENDING 31ST MARCH 2027Dividend · Rs 0.11 · XD Jul 9, 2026
First Interim dividend of LKR 0.11/share; XD 2026-07-09; record 2026-07-09; payable 2026-07-21; FY 2026/2027
Daily FT·Jun 30, 2026·Promotional / marketingPositive
Thailand–Sri Lanka Business Forum charts new pathways for trade, investment and regional growthThe Thailand–Sri Lanka forum highlighted the newly enacted SLTFTA and reported bilateral trade rose 48% to $649m in 2025. Officials said the FTA and related measures should expand market access and investment across logistics, manufacturing, tourism, food processing, IT and healthcare.
Exporters
Ada Derana·Jun 25, 2026·Promotional / marketingPositive
Thailand–Sri Lanka Business Forum Charts New Pathways for Trade, Investment and Regional GrowthThe Thailand–Sri Lanka Business Forum centred on implementing the Sri Lanka–Thailand FTA to boost trade and investment after bilateral trade reached USD 649m in 2025 (+48% vs 2024). Delegates highlighted opportunities in logistics, manufacturing, food and agriculture, IT, healthcare and tourism and urged streamlined customs and predictable FTA implementation.
Exporters
Daily FT·Jun 25, 2026·Earnings & resultsNegative
Teejay Group navigates industry headwinds with financial strength and strategic focusTeejay Lanka reported PAT of Rs. 54.7m, a 98% YoY decline, on revenue of Rs. 60.04bn (‑10% YoY) as weak global textile demand, US tariffs, pricing pressure and lower volumes hit margins. Cash was Rs. 8.3bn and NAV/share rose to Rs. 44.91 despite restructuring costs and provisions.
Exporters
Ada Derana·Jun 24, 2026·Promotional / marketingPositive
Thailand–Sri Lanka Business Forum Charts New Pathways for Trade, Investment and Regional GrowthThe Thailand–Sri Lanka Business Forum highlighted opportunities from the new Sri Lanka–Thailand FTA, with bilateral trade at USD 649m in 2025 (up 48%) and commitments to boost supply chains, investment and trade across food processing, logistics, IT, healthcare, tourism and manufacturing.
ExportersIT & DigitalTourism
Daily FT·Jun 23, 2026·Promotional / marketingPositive
Sri Lanka, Thailand eye FTA-led trade boost as Business Council marks 25 yearsSri Lanka and Thailand plan to deepen trade and investment using the Sri Lanka–Thailand FTA and enhanced B2B engagement, targeting tourism, hospitality, food processing, agriculture, logistics and other sectors to boost bilateral ties and supply‑chain links.
ExportersTourism
Ada Derana·May 29, 2026·Earnings & resultsPositive
Hayleys surpasses the half-trillion revenue milestone in the financial year 2025/26Hayleys PLC reported FY2025/26 revenue of Rs.585.02 bn (up 19%) and consolidated Profit Before Tax of Rs.38.04 bn (up 4%). Consumer & Retail revenue rose 44% to Rs.156.74 bn, Q4 revenue grew 29%, the group completed a Rs.9 bn rights issue and Fitch affirmed a 'AAA (lka)' rating.
Consumer Staples (FMCG)Exporters
Daily FT·Apr 23, 2026·Market commentaryNegative
CSE foreign outflow tops Rs. 25 b YTDForeign investors were net sellers on the CSE yesterday with a net outflow of Rs. 2.52 billion, driven mainly by trades in Softlogic Life, Ceylon Tobacco and Hayleys Fabric. MTD net foreign outflow stood at $5.1 billion and YTD outflow at Rs. 25 billion, Asia Securities Research said.
Rupee & Forex
Manufacturing sector: what is happening
Last 14 days to Sep 30, 2026Manufacturing export conditions weakened in August as apparel, tea and coconut-based product shipments fell, although merchandise exports remained higher over January-August. Exporters also reported certification delays, cost pressures and cheaper imported rubber undermining local value addition. Oil-price swings added uncertainty to energy and transport inputs, while industry proposals continued to stress higher-value agrifood processing, traceability and mechanisation.
The stories behind it
Auto-generated from 16 sector news articles over 14 days. Not investment advice.