Consumer & Retail · Office Equipment/Supplies
Office Equipment PLC is engaged in the sale of office equipment and the rendering of allied services. The company's activities focus on distribution and support around office hardware and related product lines.
OFEQ shares are up 131.9% over the past year and last closed at Rs 451.00 on Sep 30, 2026.
Monthly seasonality
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +74.6 | +20.4 | -17.7 | +4.8 | +12.3 | -13.4 | -13.1 | +5.1 | -5.1 | +0.0 | +0.0 | +0.0 |
| 2025 | -13.0 | -2.0 | -10.2 | +7.6 | -9.8 | +9.1 | -2.5 | -1.9 | +8.8 | +35.7 | -10.1 | +21.6 |
| 2024 | +0.0 | +0.0 | -12.6 | +4.1 | +2.1 | +0.0 | +0.0 | +1.5 | +19.0 | -13.4 | +152.4 | -9.5 |
| 2022 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | -25.7 | +89.0 | +0.0 |
| 2021 | +0.0 | +0.0 | -26.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 |
| 2020 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +9.7 |
| 2019 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 |
| 2018 | +0.0 | +0.0 | +0.0 | +20.7 | -2.0 | +13.1 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +7.3 |
| 2017 | -21.1 | +1.6 | -0.2 | +5.6 | -8.3 | +18.0 | -1.7 | -4.4 | +6.2 | +0.2 | -1.4 | -17.0 |
| 2016 | -20.5 | +2.6 | -43.6 | +3.5 | -21.9 | -4.4 | +5.8 | -4.3 | -1.3 | -1.2 | -10.7 | -5.3 |
| 2015 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +6.1 | +0.0 | +0.0 | +24.4 | -10.4 | -5.3 | +25.8 |
| 2014 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | -13.9 | +0.0 | +0.0 |
| 2013 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 |
| 2012 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | -7.0 | +0.0 | +0.0 | +0.0 | +0.0 |
| Average | +5.0 | +5.7 | -15.8 | +7.7 | -4.6 | +4.1 | -2.9 | -1.8 | +8.7 | -4.1 | +35.7 | +4.6 |
| 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 | -16.7 | +2.1 | -12.6 | +5.2 | -5.1 | +6.1 | -2.1 | -3.1 | +7.5 | -10.4 | -3.3 | +7.3 |
| % up | 25% | 75% | 0% | 100% | 33% | 57% | 25% | 33% | 67% | 29% | 33% | 57% |
Fundamentals
| Line | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | Rs 57.6M -14.7% | Rs 67.5M +8.7% | Rs 62.1M -7.0% | Rs 66.8M -11.0% | Rs 75.1M +35.5% | Rs 55.4M -29.1% | Rs 78.2M -8.9% | Rs 85.7M +9.5% |
| Operating profit | Rs -13.8M | Rs -6.1M | Rs -5.2M | Rs -93.1K | Rs 18.3M +392.9% | Rs 3.7M | Rs -1.7M | Rs -11.5M |
| Net profit | Rs -15.9M loss widened | Rs -15.2M loss widened | Rs -4.2M fell into loss | Rs 4.3M -67.8% | Rs 13.3M +176.6% | Rs 4.8M +17,262.6% | Rs 27.7K turned profitable | Rs -12.5M fell into loss |
| EPS | -19.06 | -18.26 | -5.03 | 5.14 -67.8% | 15.95 +176.4% | 5.77 +19,133.3% | 0.03 | -14.99 |
Compared with the same period a year earlier.
Per-share figures are as reported, not adjusted for splits.
Recent dividends
- 2023 · first interimRs 10.00
| # | Company | Price | Mkt cap | P/E | P/B | EPS | ROE | Div Yield |
|---|---|---|---|---|---|---|---|---|
| 1 | GEST.N0000 | 310.00 | Rs 823.9M | 8.0 | 1.26 | 38.78 | 22.11% | 1.26% |
| 2 | OFEQ.N0000 · this company | 451.00 | Rs 375.9M | - | 21.56 | -19.06 | -120.88% | 0.00% |
| Sector median · 35 companies | - | - | 13.3 | 1.66 | - | - | 1.72% |
About Office Equipment PLC
Office Equipment PLC is engaged in the sale of office equipment and the rendering of allied services. The company's activities focus on distribution and support around office hardware and related product lines. The business is organised around product sales and associated services, with operations spanning distribution, after-sales support and other services tied to its office equipment offering. The Group maintains procedures for product safety and quality and applies credit control measures in managing customer exposure. The Group predominantly operates within Sri Lanka and operates manufacturing facilities and offices as part of its operations. It also maintains relationships with banks to support funding and liquidity needs.
AI analysis
bearishEvidence points bearish: the share trades at 21.75 times book despite a loss in the latest audited year. The June quarter returned to profit.
Read the full report (Sep 24, 2026) →News sentiment
Describes news flow, not a forecast1 article in 30 days: 0 positive, 0 negative, 1 neutral.
President Anura Kumara Dissanayake ordered public service cost-cutting measures—relocating government offices to state-owned buildings, auctioning high-maintenance ministerial vehicles, removing unused office equipment, and identifying institutions for closure/merger. These steps may reduce demand for office-equipment suppliers.
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.