Millennium Housing Developers PLC

Property & Construction · Real Estate Development

MHDL shares closed at Rs 7.00 on Sep 30, 2026, down 2.78%.

Rs 7.00

-2.78%

Price history

+0.00%

Monthly seasonality

Monthly total returns by year and calendar month
Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2026	+47.0	+12.4	-20.2	+21.8	-11.3	-3.2	-14.3	+7.7	-11.9	+0.0	+0.0	+0.0
2025	+9.7	+0.0	+2.9	+5.7	+35.1	-4.0	+47.9	+4.2	-2.7	+0.0	-8.3	+0.0
2024	+0.0	+3.4	+0.0	+3.3	-3.2	-3.3	+0.0	-6.9	+7.4	+0.0	-3.4	+10.7
2023	+21.4	-8.8	+0.0	-9.7	-3.6	+11.1	+13.3	-5.9	+6.3	-5.9	-6.3	-3.3
2022	+14.5	-15.5	-33.3	-10.0	-22.2	-10.7	+12.0	+39.3	-5.1	-13.5	+0.0	-12.5
2021	-2.9	-10.4	+0.0	-3.3	-1.7	+0.0	+19.3	-13.2	+0.0	+1.7	-3.3	+6.9
2020	-3.6	-16.2	-25.4	+0.0	+0.0	-5.7	+16.0	-3.4	+21.4	-5.9	+7.8	+0.0
2019	-5.7	-9.8	+1.4	+2.7	-9.1	-10.0	+17.5	-2.7	-2.8	+10.0	+13.0	-4.6
2018	+1.7	-10.9	-0.9	+9.5	-4.3	-13.6	+4.2	-8.1	+7.7	-1.0	-13.4	+3.6
2017	-4.2	+1.5	+0.0	+0.0	+0.0	+0.0	+15.1	-2.8	+10.6	+16.5	-11.9	-0.8
2016	-1.2	-2.5	-6.5	+4.2	-6.7	+0.0	+0.0	+7.1	+4.0	-7.7	-4.2	+2.9
2015	+13.3	+17.6	-7.5	+9.5	+12.3	-6.6	+0.0	+1.2	-2.3	-2.4	+2.4	-4.8
2014	+0.0	+0.0	+0.0	-3.2	-1.7	+0.0	+3.4	-1.6	+1.7	-8.2	+3.6	+3.4
Average	+7.5	-3.3	-7.5	+2.8	-1.5	-3.5	+10.3	+1.1	+2.6	-1.4	-2.0	+0.1
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	+0.9	-5.7	-0.5	+3.3	-3.6	-3.3	+12.0	-2.7	+1.7	-1.7	-3.4	+0.0
% up	50%	33%	17%	64%	18%	8%	69%	38%	54%	25%	33%	42%

P/E

P/B

1.37

EPS

Rs -0.08

Div Yield

0.00%

Market Cap

Rs 942.8M

Beta

1.10

ROE

-0.3%

Op Margin

12.4% (+0.3pp)

Fundamentals

Line	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Revenue	Rs 195.1M -74.3%	Rs 759.7M +559.5%	Rs 115.2M -82.9%	Rs 674.7M +44.3%	Rs 467.5M -53.4%	Rs 1.0B -22.5%	Rs 1.3B +28.8%	Rs 1.0B -41.2%
Operating profit	Rs 41.0M -68.9%	Rs 131.8M	Rs -51.2M	Rs -25.9M	Rs 6.4M -96.4%	Rs 177.8M -5.9%	Rs 188.9M +13.9%	Rs 165.9M -32.7%
Net profit	Rs -1.9M fell into loss	Rs 48.0M turned profitable	Rs -186.9M loss narrowed	Rs -199.2M loss widened	Rs -84.7M fell into loss	Rs 142.6M -17.8%	Rs 173.4M +50.9%	Rs 114.9M -38.1%
EPS	-0.01	0.36	-1.39	-1.48	-0.63	1.06 -17.8%	1.29 +51.8%	0.85 -38.4%

Compared with the same period a year earlier.

Per-share figures are as reported, not adjusted for splits.

Recent dividends

2018Rs 0.35
2017Rs 0.35
2016Rs 0.28
2015Rs 0.28
2014Rs 0.25

Peer comparison2 peers in Property & Construction

Sector overview Open in screener

#	Company	Price	Mkt cap	P/E	P/B	EPS	ROE	Div Yield
1	Prime Lands Residencies PLC PLR.N0000	38.60	Rs 36.2B	15.6	3.19	2.48	20.47%	2.07%
2	Millennium Housing Developers PLC MHDL.N0000 · this company	7.00	Rs 942.8M	-	1.37	-0.08	-0.27%	0.00%
3	Myland Developments PLC MDL.N0000	18.80	Rs 681.5M	78.3	4.42	0.24	5.82%	-
	Sector median · 32 companies	-	-	10.2	1.09	-	-	2.39%

1Prime Lands Residencies PLC

PLR.N0000

Rs 38.60

P/E

15.6

P/B

3.19

ROE

20.47%

Yield

2.07%

2Millennium Housing Developers PLC

MHDL.N0000 · this company

Rs 7.00

P/E

P/B

1.37

ROE

-0.27%

Yield

0.00%

3Myland Developments PLC

MDL.N0000

Rs 18.80

P/E

78.3

P/B

4.42

ROE

5.82%

Yield

Sector median · 32 companies

P/E 10.2P/B 1.09Yield 2.39%

About Millennium Housing Developers PLC

Millennium Housing Developers PLC is a Sri Lankan housing and property development company engaged in land development, residential construction and township projects across urban and semi-urban areas of Sri Lanka. The Company develops and sells land, houses, apartments, villas and mixed-use residential schemes, and undertakes associated infrastructure works. The Company’s principal activities include the sale of developed land and houses following infrastructure development and the construction of houses, apartments, flats, housing units and condominiums. Notable projects and initiatives referenced in the annual report include the "Millennium City" housing project in Ja-Ela, the River View development in Katunayake, planned and relaunched apartment projects in Rajagiriya and Nawala, and vertical living developments in Kirulapone and Nawala; the Group has extended its presence to locations including Ja-Ela, Polgasowita, Nawala, Katunayake and other parts of Colombo and the Gampaha district. The business is reported and managed together with its wholly owned subsidiaries, Millennium Housing Limited, Millennium Villa Housing Development Limited, Millennium Housing Construction Limited, MC Urban Developers Limited and MC Universal Limited, collectively referred to as the Millennium Group. The Company’s registered office is No. 66/9B, Green Path, Colombo 7.

Interest Rates

AI analysis

bearish

An auditor's going-concern emphasis is the central issue for Millennium Housing, despite a return to LKR 14.6 million quarterly profit.

Read the full report (Sep 2, 2026) →

News sentiment

Describes news flow, not a forecast

Last 30 days

Not enough news to read

1 article in 30 days: 0 positive, 0 negative, 1 neutral.

24 months positive negative 3-month net

Property & Construction sector: what is happening

Last 14 days to Sep 30, 2026

Property and construction faced a mixed policy backdrop: the proposed property tax was deferred from the 2027 Budget, while TIN certification becomes mandatory from 1 November for building-plan approvals and land registration, adding a compliance step to transactions. Public construction activity progressed through the Muthurajawela fuel-terminal contract and planned hospital infrastructure projects. Construction services exports fell in August.

The stories behind it

Auto-generated from 12 sector news articles over 14 days. Not investment advice.