Property & Construction · Real Estate Development
On'ally Holdings PLC is a Colombo Stock Exchange–listed real estate company whose primary asset is the Unity Plaza complex in Colombo. The company owns, manages and leases mixed-use property, operating retail floors focused on IT and electronic goods and services alongside commercial office space.
ONAL shares are down 13.2% over the past year and last closed at Rs 43.40 on Sep 30, 2026.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +5.6 | -5.1 | -14.2 | +16.6 | +16.6 | +4.0 | -6.2 | -1.6 | -2.9 | +0.0 | +0.0 | +0.0 |
| 2025 | +21.8 | -17.9 | +4.1 | -0.7 | +3.2 | +2.1 | +28.8 | +0.0 | +29.5 | +2.6 | -5.0 | -10.8 |
| 2024 | -4.0 | +7.9 | -3.5 | -0.8 | -2.4 | +1.2 | -2.0 | -1.2 | +19.4 | -9.9 | -0.4 | +6.7 |
| 2023 | -4.6 | +6.6 | +12.8 | -2.1 | -25.3 | +1.7 | +23.0 | -2.7 | -0.3 | -3.4 | -0.4 | -10.4 |
| 2022 | +23.1 | -24.7 | -8.6 | +0.0 | +0.0 | +2.1 | +24.6 | +0.3 | +3.3 | +9.0 | -11.8 | -4.4 |
| 2021 | +15.9 | -12.3 | -12.2 | +6.8 | +0.0 | +13.3 | +7.9 | -7.6 | -8.0 | -0.3 | +0.3 | +4.2 |
| 2020 | -11.8 | -24.5 | +0.0 | +0.0 | +0.0 | -15.8 | +8.4 | -11.7 | +20.4 | -10.6 | +3.0 | +13.7 |
| 2019 | +4.0 | -6.1 | -6.5 | +0.0 | +0.0 | +5.0 | +78.1 | -6.4 | +5.4 | +3.0 | -3.2 | +3.3 |
| 2018 | +0.0 | +0.0 | +5.2 | +13.3 | +48.6 | +5.9 | +5.4 | +10.5 | -4.7 | +0.0 | -18.8 | +34.9 |
| 2017 | +0.0 | +0.0 | +0.0 | +0.0 | -4.0 | -4.2 | +1.1 | -3.2 | +0.0 | +3.3 | -3.2 | +0.0 |
| 2016 | +2.1 | -13.2 | -2.5 | +15.5 | +3.4 | -8.3 | +0.0 | +0.0 | -0.2 | +0.2 | +0.0 | +0.0 |
| 2015 | +0.3 | +4.3 | -9.0 | +0.0 | -2.5 | +7.9 | -0.2 | -4.4 | -0.3 | +0.0 | +1.7 | -4.8 |
| 2014 | +5.9 | -4.6 | -3.8 | +1.7 | +1.3 | +11.1 | +31.4 | -5.0 | +5.6 | -0.3 | -9.2 | -0.2 |
| 2013 | +2.0 | -12.6 | -1.0 | +9.4 | +12.2 | -9.7 | -8.8 | -3.1 | +6.4 | -6.0 | -5.1 | +6.5 |
| 2012 | +0.0 | +0.0 | +0.0 | -15.3 | -9.8 | +17.5 | -20.6 | +29.9 | +13.3 | -9.4 | +6.8 | -9.3 |
| Average | +5.0 | -7.9 | -3.3 | +4.0 | +3.4 | +2.3 | +12.2 | -0.4 | +5.8 | -1.6 | -3.5 | +2.4 |
| 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 | +3.0 | -6.1 | -3.6 | +1.7 | +0.6 | +2.1 | +6.7 | -2.9 | +3.3 | -0.1 | -3.2 | +1.6 |
| % up | 75% | 23% | 25% | 55% | 50% | 73% | 64% | 21% | 53% | 36% | 31% | 50% |
| Line | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | Rs 413.9M +21.7% | Rs 340.0M +18.8% | Rs 286.3M +2.3% | Rs 280.0M +31.4% | Rs 213.0M +17.3% | Rs 181.7M -9.7% | Rs 201.2M +11.7% | Rs 180.1M +19.1% |
| Operating profit | Rs 223.4M +13.8% | Rs 196.3M +32.2% | Rs 148.5M -21.3% | Rs 188.7M +28.0% | Rs 147.4M +10.8% | Rs 133.0M -7.4% | Rs 143.7M +2.2% | Rs 140.5M +33.7% |
| Net profit | Rs 1.2B +134.5% | Rs 511.8M -10.3% | Rs 570.4M +65.5% | Rs 344.8M -47.7% | Rs 658.9M +172.6% | Rs 241.7M +38.7% | Rs 174.3M turned profitable | Rs -57.9M fell into loss |
| EPS | 12.90 +134.6% | 5.50 -10.3% | 6.13 +65.2% | 3.71 -47.6% | 7.08 +172.3% | 2.60 +39.0% | 1.87 | -3.31 |
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.
| # | Company | Price | Mkt cap | P/E | P/B | EPS | ROE | Div Yield |
|---|---|---|---|---|---|---|---|---|
| 1 | OSEA.N0000 | 51.70 | Rs 64.3B | 7.6 | 0.95 | 6.81 | 12.47% | 3.38% |
| 2 | RIL.N0000 | 22.10 | Rs 17.7B | 3.4 | 0.69 | 6.50 | 20.17% | 4.52% |
| 3 | ASCO.N0000 · same group, not in the median | 51.00 | Rs 10.8B | 9.6 | 0.99 | 5.32 | 7.58% | 0.00% |
| 4 | EAST.N0000 | 70.10 | Rs 9.7B | 15.8 | 2.85 | 4.44 | 7.25% | 0.00% |
| 5 | CLND.N0000 | 47.50 | Rs 9.5B | 51.1 | 1.09 | 0.93 | 2.15% | 0.00% |
| 6 | SHAW.N0000 | 285.25 | Rs 7.3B | 10.5 | 0.95 | 27.26 | 10.26% | 0.70% |
| 7 | ONAL.N0000 · this company | 43.40 | Rs 4.0B | 3.2 | 0.85 | 13.37 | 26.23% | 5.53% |
| Peer median · 5 companies | - | - | 10.5 | 0.95 | - | - | 0.70% |
On'ally Holdings PLC is a Colombo Stock Exchange–listed real estate company whose primary asset is the Unity Plaza complex in Colombo. The company owns, manages and leases mixed-use property, operating retail floors focused on IT and electronic goods and services alongside commercial office space. Unity Plaza comprises five floors of IT retail shops and computer repair centres and five floors of commercial office spaces; the company focuses on leasing retail units to IT and electronics retailers and leasing office space to commercial tenants, while undertaking refurbishment and infrastructure upgrades to meet international standards and improve the tenant and customer experience. On'ally Holdings was acquired by Lanka Realty Investments PLC and operates in a public–private partnership with the Urban Development Authority as a significant shareholder; the company positions Unity Plaza as Sri Lanka's largest IT and computer services hub and is exploring further asset-management and development opportunities in Colombo.
June-quarter revenue rose 57.7% year-on-year, while net margin was the weakest of seven comparable June quarters.
Read the full report (Sep 3, 2026) →No scored news in the last 30 days.
Colombo Stock Exchange indices were trading higher midday, with the ASPI up 0.13% (28.67 pts) at 21,431.47 and market turnover at LKR 466.7m, led by capital goods. On'ally Holdings approved a final gross dividend of Rs 1.40 per share (XD Aug 21, 2026) and its stock rose 3.97%.
Dividend · Rs 1.40 · XD Aug 21, 2026
Final dividend of LKR 1.4/share; XD 2026-08-21; record 2026-08-24; payable 2026-09-11; FY ended 31st March 2026
Lanka Realty Investments PLC (ASCO.N0000) sold its 50.88% controlling stake in On'ally Holdings PLC (ONAL.N0000) to Lee Hedges PLC (SHAW.N0000) for about Rs.2.26 billion, unlocking capital and an estimated separate-company gain of ≈Rs.834.09m before costs. Lee Hedges gains Unity Plaza, boosting recurring rental income and scale.
Colombo market rose after the Central Bank held policy rates steady; ASPI +0.02% to 21,149.56 while S&P SL20 fell 0.21%. SEYB, PKME, CARG and SEMB were main positive contributors as real estate management & development drove 65% of turnover with crossings in ONAL; foreigners net-sold Rs.241m.
Lanka Realty Investments (ASCO.N0000) reported FY26 pre-tax profit of Rs.2.92 bn, total assets of Rs.29.7 bn and NAV per share of Rs.51.40, driven by fair value gains and a value-accretive 51% acquisition of Lee Hedges; the enlarged portfolio and lower LTV support stronger recurring income.
Dividend · Rs 1.00 · XD Feb 18, 2026
First Interim dividend of LKR 1/share; XD 2026-02-18; record 2026-02-18; payable 2026-03-10; FY ending 31st March 2026
Lee Hedges PLC appointed Hisham Jamaldeen and Archie Warman as Non-Independent Executive Directors. Both have 20+ years in corporate finance and real estate and hold directorships at On'ally Holdings and Lanka Realty Investments; Jamaldeen has also served at Hayleys PLC.
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.
Auto-generated from 12 sector news articles over 14 days. Not investment advice.