Namunukula Plantations PLC

NAMU.N0000Moderately undervalued

Plantations & Agriculture · Agricultural Commodities/Milling

Namunukula Plantations PLC cultivates and processes a diversified portfolio of plantation crops including oil palm, tea, rubber, coconut and other minor crops, operating cultivation and processing activities across multiple regions in Sri Lanka.

NAMU shares are up 2.5% over the past year and last closed at Rs 66.10 on Sep 30, 2026.

Rs 66.10
-0.60%
Price history
+2.48%

Monthly seasonality

Monthly total returns by year and calendar month
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026+37.9-4.6-22.2+11.1-0.4-8.7-1.0-0.7-1.2+0.0+0.0+0.0
2025+17.0-14.2-5.2+3.1+2.0+0.0+10.0+26.4+15.0-4.8-3.2+11.8
2024-2.8-2.9+5.9-3.6+2.3-3.6-0.1-0.1+0.9-2.5+10.7+7.5
2023-3.3+5.1-2.2-0.8+0.6-1.1+10.6-4.5-6.6-1.7-1.8+5.0
2022+98.7-21.9-37.2-3.4-1.9-8.4+43.5-1.9-8.5-4.4-11.3+1.9
2021+8.2-8.0+1.4-15.1+0.2+0.9-6.3+0.0+7.5+30.2+66.4+11.6
2020-1.4-0.4-7.1+0.0+0.0+1.1+5.1+15.9+30.8+18.7+10.7+6.8
2019+10.2+7.1-11.8+0.8-7.0+0.3+16.3+8.6-0.3+6.2+1.9+4.3
2018+3.0-0.5-8.1+3.1-3.8-9.8-6.0-0.8-12.6-3.1-7.1+5.1
2017+4.5+7.8-10.8+16.2-2.9-4.2+4.5+5.7+1.8+1.1-1.2+5.5
2016-3.2-8.6+13.0+8.3-1.4-1.4+18.4+2.9-5.2-3.8+6.7-1.6
2015+0.7-5.7-15.1+4.0-5.1+6.7-7.8-3.0-1.3+0.6-9.6-1.6
2014+5.1-4.5-1.4+0.0-1.0+8.3+4.6-4.7-7.4+8.4+0.0-0.7
2013-7.4-4.0+9.3+3.8+3.3-2.6-8.8-4.0-0.1+1.7+6.0+12.2
2012+0.0+0.0+0.0-2.0-6.5+3.8-5.4+15.7+33.6-2.4-8.5+5.6
Average+12.0-3.9-6.6+1.8-1.5-1.2+5.2+3.7+3.1+3.2+4.3+5.2
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+3.7-4.2-6.2+1.9-1.2-1.1+4.5-0.1-0.3-0.5-0.6+5.3
% up64%21%29%57%36%40%53%40%40%50%43%79%
P/E
8.4
P/B
1.27
EPS
Rs 7.91
Div Yield
3.03%
Market Cap
Rs 15.7B
Beta
0.11
ROE
15.4%
Op Margin
36.6% (-3.5pp)

Fundamentals

LineFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Revenue
Rs 5.0B
+18.8%
Rs 4.2B
-7.2%
Rs 4.5B
-15.7%
Rs 5.4B
+37.9%
Rs 3.9B
+42.0%
Rs 2.7B
+27.6%
Rs 2.1B
-11.1%
Rs 2.4B
-15.0%
Operating profit
Rs 1.9B
+20.6%
Rs 1.6B
-28.8%
Rs 2.2B
-34.9%
Rs 3.4B
+85.1%
Rs 1.8B
+124.6%
Rs 818.6M
+165.8%
Rs 308.0M
-9.9%
Rs 341.7M
-42.6%
Net profit
Rs 1.9B
+23.2%
Rs 1.5B
-20.6%
Rs 1.9B
-31.7%
Rs 2.8B
+45.2%
Rs 1.9B
+124.4%
Rs 863.2M
+200.9%
Rs 286.9M
+12.0%
Rs 256.3M
-31.4%
EPS
7.91
-87.7%
64.26
-20.6%
80.96
-31.7%
118.48
+45.3%
81.57
+124.4%
36.35
+200.9%
12.08
+12.0%
10.79
-31.4%

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 interimRs 2.00
  • 2025 · first interimRs 15.00
  • 2024 · first interimRs 13.00
  • 2023 · first interimRs 14.00
  • 2022 · first interimRs 10.00
  • 2021 · first interimRs 8.50
  • 2019Rs 8.50
  • 2017Rs 7.00
Peer comparison9 peers in Plantations & Agriculture
Rs 46.40
P/E
19.3
P/B
15.76
ROE
81.75%
Yield
5.39%
NAMU.N0000 · this company
Rs 66.10
P/E
8.4
P/B
1.27
ROE
15.44%
Yield
3.03%
Rs 175.00
P/E
7.3
P/B
1.18
ROE
16.11%
Yield
4.00%
P/E
36.3
P/B
1.85
ROE
4.91%
Yield
0.21%
Rs 50.10
P/E
9.5
P/B
1.40
ROE
14.80%
Yield
1.50%
Rs 13.50
P/E
21.8
P/B
1.61
ROE
7.58%
Yield
3.70%
Rs 141.00
P/E
6.9
P/B
0.87
ROE
12.50%
Yield
6.60%
P/E
10.3
P/B
1.22
ROE
13.24%
Yield
8.58%
Peer median · 9 companies
P/E 9.5P/B 1.22Yield 4.26%

About Namunukula Plantations PLC

Namunukula Plantations PLC cultivates and processes a diversified portfolio of plantation crops including oil palm, tea, rubber, coconut and other minor crops, operating cultivation and processing activities across multiple regions in Sri Lanka. The company manages distinct crop businesses-oil palm, tea, rubber, coconut and cinnamon-and pursues productivity improvements, process optimisation and technology adoption across its operations; it has also invested in marketing and branding of its own product named 'Kinnelan'. NPPLC emphasises sustainability and governance in its operations, aligning disclosures with SLFRS S1 and S2 and implementing an ESG framework focused on environmental stewardship, social responsibility and governance oversight. The company reports operations mainly in four regions and engages in upstream cultivation, on‑estate processing and related plantation management activities.

AI analysis

bullish

Namunukula combines LKR 7.5 billion of net cash with a 25.5% adjusted six-month share-price fall, leaving exposure to weaker tea export conditions as the key tension.

Read the full report (Sep 1, 2026) →

News sentiment

Describes news flow, not a forecast
Last 30 days
Not enough news to read

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

24 months positive negative 3-month net
Mar 26: 3 articles, net -1.00Apr 26: 3 articles, net +0.38May 26: 1 articles, net +1.00Sep 26: 1 articles, net -1.00Oct 24Feb 25Jun 25Oct 25Feb 26Jun 26
Recent news
View all news →
EconomyNext·Sep 22, 2026·Market commentaryNegative
Sri Lanka stocks beat early slump after sovereign rating upgrade

Fitch upgraded Sri Lanka's Long-Term Issuer Default Rating to B- from CCC+ with a Stable outlook, and the Colombo Stock Exchange's ASPI rose 0.36% to 21,054.01 on Tuesday. Top positive contributors were Access Engineering, Overseas Realty, Dialog Axiata and Hatton National Bank, while Kotmale, Namunukula Plantations, Sri Lanka Telecom, CDB and John Keells were among the decliners.

EconomyNext·Sep 16, 2026·Market commentaryPositive
Stocks down on Wednesday closing, food and beverage leads turnover

Colombo Stock Exchange closed down as the ASPI fell 0.58% to 21,139.31, with market turnover at 1.63 billion rupees. Food, Beverage & Tobacco led turnover at 782.3 million rupees; notable movers included Namunukula, Pan Asia Bank and Ceylon Cold Stores (up) and John Keells, Melstacorp, RIL Property and Cargills (down); Hunas Holdings entered a partnership with Tokyo-based CCH Inc for its real estate and hospitality businesses effective Sept 14.

Consumer Staples (FMCG)
EconomyNext·Sep 16, 2026·Market commentaryPositive
Sri Lanka stocks trade slightly lower on Wednesday morning

Colombo Stock Exchange edged lower as the ASPI slipped 0.07% (down 15.72 pts) to 21,246.41 while the S&P SL20 was flat at 5,976.82. Top movers included Namunukula (+12.37%), Co-operative Insurance (+3.03%) and HNB (+0.20%); Printcare fell 5% after a board-recommended rights issue and Asia Asset Finance listed converted shares.

Daily FT·May 15, 2026·Regulatory or legalPositive
CMA launches Sri Lanka Cost Accounting Standards

CMA Sri Lanka launched national Cost Accounting Standards to strengthen costing, control and reporting across large and medium public and private institutions; the standards prioritize sectors including power, telecom, manufacturing, drugs and agricultural/tea exporters to improve efficiency, pricing transparency and competitiveness.

EconomyNext·May 4, 2026·Market commentary
Sri Lanka stocks close up, pushed by banking

Colombo Stock Exchange closed higher Monday with the ASPI up 0.65% at 22,695.00 and turnover of 4.81 billion rupees, driven by buying in banking counters. Top contributors included NDB, Dialog, Melstacorp and Colombo Dockyard, while Ceylinco Insurance and Windforce were among decliners.

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
Daily FT·Apr 30, 2026·Capacity or capexPositive
RPCs prepare palm oil investments ahead of potential ban lift

Watawala Plantations and regional plantation companies are preparing to expand palm oil cultivation if the seven-year ban is lifted after a Plantations Ministry expert committee found no basis for the environmental or health concerns. Industry says private investors had committed about Rs.500m to expand 8,000 ha before the ban.

Consumer Staples (FMCG)

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.

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