ODEL PLC is a Sri Lankan fashion and lifestyle retailer offering international branded apparel and related lifestyle products alongside private label collections through department stores, exclusive brand outlets and outlet-format stores.
ODEL shares are down 8.5% over the past year and last closed at Rs 10.70 on Sep 30, 2026.
Rs 10.70
-1.83%
Price history
-8.55%
Monthly seasonality
Monthly total returns by year and calendar month
Year
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2026
+2.5
+20.7
-17.1
+3.3
-3.2
+1.7
-10.6
+0.0
+0.9
+0.0
+0.0
+0.0
2025
+10.1
-6.7
-4.5
+0.9
+0.9
-1.8
+11.2
-3.4
+1.7
+1.7
-1.7
+0.9
2024
-8.1
-13.1
+9.2
+2.3
-5.3
-0.8
+2.2
+0.0
+1.6
-14.2
+2.8
-2.7
2023
-8.6
+1.3
+3.7
-4.8
+0.0
+0.6
+3.1
-9.0
+4.6
-8.2
-2.8
+5.7
2022
+7.3
-3.2
-29.3
-8.4
+5.7
+5.9
-7.1
+6.6
-7.2
-5.6
+5.3
-2.2
2021
-4.2
-7.8
-5.3
+11.7
-8.0
-3.2
+8.9
-9.2
+5.1
-2.2
-2.2
+46.1
2020
-8.5
-7.1
+0.0
+0.0
+0.0
+5.6
-2.4
-4.4
+5.2
-4.4
-1.0
+11.4
2019
+8.8
-2.6
-1.5
+3.1
-18.2
+9.1
+12.9
-3.0
+9.5
-2.8
-3.6
-3.7
2018
-12.2
+7.0
+13.0
-3.5
-5.2
+9.2
-6.2
+2.5
-4.8
-2.9
+16.9
-7.4
2017
-13.5
-2.4
+25.0
-1.6
-5.7
+12.1
-3.1
-0.8
-2.8
+1.2
-5.3
+5.2
2016
-13.6
+1.1
+10.9
-1.4
-1.0
+5.8
+0.0
-2.3
+2.3
-1.8
+6.5
+3.0
2015
+0.9
-5.4
+4.8
-2.3
+0.0
-3.7
+2.4
+5.7
-2.2
-4.1
+4.3
+0.5
2014
+4.8
-8.2
-4.5
+11.4
-4.2
+0.0
+5.3
-5.1
+13.6
+9.0
-10.2
-3.9
2013
+11.9
-0.9
-5.8
+6.7
+11.6
-7.6
-4.8
-12.3
-0.5
+10.4
-11.3
+11.7
2012
+0.0
+0.0
+0.0
-4.0
-14.2
+8.0
+27.8
+0.0
+11.1
-8.0
-14.3
+2.0
Average
-1.6
-2.0
-0.1
+1.0
-3.3
+2.7
+2.7
-2.3
+2.5
-2.3
-1.2
+4.7
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
-1.6
-2.9
-1.5
-0.2
-3.7
+1.7
+2.2
-2.3
+1.7
-2.9
-1.9
+1.4
% up
50%
29%
46%
50%
21%
60%
53%
20%
67%
29%
36%
64%
P/E
-
P/B
Negative book
EPS
Rs -4.59
Div Yield
0.00%
Market Cap
Rs 5.8B
Beta
0.90
ROE
-
Op Margin
-14.3% (+18.0pp)
Fundamentals
Line
FY2026
FY2025
FY2024
FY2023
FY2022
FY2021
FY2020
FY2019
Revenue
Rs 7.3B
+24.3%
Rs 5.9B
-19.1%
Rs 7.3B
-11.5%
Rs 8.3B
+12.1%
Rs 7.4B
-
Rs 7.4B
-9.1%
Rs 8.2B
+10.1%
Operating profit
Rs -876.7M
Rs -1.5B
Rs -1.5B
Rs 718.5M
+512.5%
Rs 117.3M
-
Rs -174.1M
Rs 924.4M
+43.7%
Net profit
Rs -2.5B
loss narrowed
Rs -4.5B
loss widened
Rs -4.2B
loss widened
Rs -2.2B
loss widened
Rs -1.4B
loss widened
Rs -766.5M
loss narrowed
Rs -835.6M
fell into loss
Rs 244.7M
+22.7%
EPS
-4.59
-10.41
-15.46
-8.13
-5.04
-
-3.07
0.90
+23.3%
Compared with the same period a year earlier.
Per-share figures are as reported, not adjusted for splits.
ODEL PLC is a Sri Lankan fashion and lifestyle retailer offering international branded apparel and related lifestyle products alongside private label collections through department stores, exclusive brand outlets and outlet-format stores. The Company retails over 100 international fashion labels and manages franchise and exclusive brand outlets for global names including Levi’s, Mango, Charles & Keith, Tommy Hilfiger, Armani Exchange and Calvin Klein, and has introduced brands such as Arrow; private-label and sub-brands cited include Cotton Collection and Luv SL, and globally reputed brands like Zara are offered through its outlet concept. ODEL operates as an anchor tenant in major shopping centres including One Galle Face Mall, Havelock City Mall and Odel Mall Kandy, and leverages an omni-channel approach with a significant digital and social media presence to support in-store and online sales. The company runs targeted marketing, promotions and loyalty integrations and has developed outlet and exclusive brand store formats to manage inventory and broaden customer reach, while noting tourist shopping as an important revenue driver.
AI analysis
bearish
Evidence points bearish because ODEL reported a LKR 710 million June loss while net assets were negative. The loss nevertheless narrowed by LKR 303 million year-on-year.
Softlogic Holdings (SHL) reported a group PBT of Rs. 24m for FY26, its first pre-tax profit since 2019, with revenue up 24.5% to Rs. 129b and EBITDA rising to Rs. 17.8b. The group signed restructuring offers covering about Rs. 59.7b of bank facilities; Softlogic Life raised $15m, Softlogic Finance had lending restrictions lifted, and ODEL Mall Phase I will be funded via pre-sales with no new debt.
The Body Shop has relaunched its Spa of the World collection in Sri Lanka, offering spa-quality bodycare products. The range is sold at the Bagatale Road flagship, outlets including Odel, Alexandra Place, and online with island-wide delivery.
The Securities and Exchange Commission has deferred suspension of trading in Softlogic Holdings and its subsidiary Odel until 30 June 2027 (previously due from 31 Aug 2026) following auditors' going-concern emphasis; Softlogic closed at Rs.10.40 and Odel at Rs.11.30.
Odel PLC has revised its Odel Mall plan, prioritising completion of Zone 1 within 18-24 months and deferring Zone 2. Construction has recommenced, significant contracts and capital commitments remain, and the company is pursuing a reduced-scope financing plan plus loan restructuring with a HNB-led banking consortium.
Colombo Stock Exchange closed higher, the ASPI rose 0.20% (41.92 pts) to 21,229.14 and turnover was Rs 2.02bn with retail leading at Rs 1.04bn. SANASA Life said escrow proceeds were released and invested in government securities, and Odel restarted construction on Zone 1 of its mall with completion expected in 1.5-2 years.
ODEL PLC has disclosed that construction on Zone 1 of the Odel Mall Project in Colombo 07 has re-commenced and is expected to be completed within 1½-2 years. The company said Zone 2 (100-perch) will be held for future development and provided the update to curb speculation.
The Body Shop Sri Lanka launched a Mid-Season Sale offering up to 50% off select skincare, bodycare, haircare, makeup and fragrance items until 31 July 2026. The promotion runs across all outlets including the brand’s shop at Odel Alexandra Place and online.
Consumer Staples (FMCG)
Consumer & Retail sector: what is happening
Last 14 days to Sep 30, 2026
Consumer 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.