Property & Construction · Real Estate Development
Overseas Realty (Ceylon) PLC is a Colombo Stock Exchange–listed real estate company that develops, owns and manages commercial, retail and residential properties in Sri Lanka.
OSEA shares are up 35.0% over the past year and last closed at Rs 51.70 on Sep 30, 2026.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +22.0 | +3.8 | -16.7 | +15.2 | +8.3 | +0.8 | -5.3 | +7.8 | -0.8 | +0.0 | +0.0 | +0.0 |
| 2025 | -0.8 | -0.8 | -2.9 | -5.6 | +15.0 | +11.5 | +25.9 | +8.2 | -0.5 | +11.0 | -6.1 | -2.8 |
| 2024 | +0.0 | +8.0 | +4.9 | +1.2 | +4.7 | -0.6 | -2.8 | -2.3 | +2.9 | +4.6 | +0.5 | +32.6 |
| 2023 | +0.0 | +1.3 | +2.0 | -5.8 | -3.4 | +2.1 | +25.2 | -8.9 | +3.7 | -5.3 | -6.3 | +0.0 |
| 2022 | +11.5 | -11.2 | -21.1 | -13.3 | +7.7 | -2.1 | -1.5 | +12.6 | -0.7 | -2.6 | -1.4 | +2.8 |
| 2021 | +32.6 | -16.8 | -1.9 | +0.0 | -1.9 | +2.0 | +1.3 | +1.3 | +7.5 | +8.1 | -3.2 | +6.7 |
| 2020 | -3.1 | -3.2 | -21.7 | +0.0 | +0.0 | +1.6 | +1.6 | +2.4 | +6.9 | -7.9 | +5.5 | +6.7 |
| 2019 | -5.5 | +3.2 | +1.9 | -7.3 | -3.3 | +2.0 | +7.3 | -2.5 | -2.5 | +0.0 | +3.3 | +2.5 |
| 2018 | -0.6 | +4.0 | -1.6 | -3.4 | -6.4 | -4.3 | +7.1 | -1.2 | -3.0 | +2.5 | +2.5 | -1.2 |
| 2017 | -3.0 | +3.1 | +1.0 | +1.0 | -2.9 | -1.5 | -1.0 | -4.7 | -3.3 | +3.9 | -4.9 | +0.0 |
| 2016 | -0.4 | -0.9 | +1.7 | +5.6 | -4.9 | -2.6 | -0.9 | +4.8 | -14.7 | -1.0 | -0.5 | +0.0 |
| 2015 | +2.3 | -2.6 | -10.3 | +5.1 | -2.8 | -0.4 | +5.9 | -7.9 | +0.9 | -10.6 | +7.1 | +3.6 |
| 2014 | +13.7 | -2.4 | +1.0 | +2.4 | -2.4 | +4.9 | +4.7 | +4.4 | +10.2 | +0.4 | -3.8 | +5.2 |
| 2013 | -2.1 | -0.7 | +0.0 | +7.9 | +37.1 | -9.7 | -3.2 | -6.1 | +1.8 | +4.0 | +0.0 | +1.7 |
| 2012 | +0.0 | +0.0 | +0.0 | +2.2 | -13.1 | +12.6 | -3.0 | +7.7 | +0.0 | +0.0 | +0.0 | +2.9 |
| Average | +4.8 | -1.1 | -4.6 | +0.4 | +2.3 | +1.1 | +4.1 | +1.0 | +0.6 | +0.5 | -0.5 | +4.3 |
| 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 | -0.2 | -0.8 | -0.8 | +1.1 | -2.6 | +0.8 | +1.3 | +1.3 | +0.0 | +0.2 | -0.2 | +2.6 |
| % up | 36% | 43% | 43% | 57% | 36% | 53% | 53% | 53% | 47% | 50% | 36% | 64% |
| Line | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | Rs 11.9B +48.9% | Rs 8.0B +58.1% | Rs 5.1B -66.3% | Rs 15.0B +95.2% | Rs 7.7B +60.7% | Rs 4.8B -46.2% | Rs 8.9B +31.5% | Rs 6.8B +57.2% |
| Operating profit | Rs 10.3B +77.9% | Rs 5.8B +118.3% | Rs 2.7B -57.2% | Rs 6.2B +131.8% | Rs 2.7B +63.7% | Rs 1.6B -63.1% | Rs 4.4B -0.2% | Rs 4.4B +43.8% |
| Net profit | Rs 8.6B +39.0% | Rs 6.2B +61.2% | Rs 3.9B -36.6% | Rs 6.1B +143.2% | Rs 2.5B +44.0% | Rs 1.7B -60.0% | Rs 4.3B -10.0% | Rs 4.8B +51.8% |
| EPS | 6.94 +38.8% | 5.00 +61.3% | 3.10 -36.6% | 4.89 +143.3% | 2.01 +43.6% | 1.40 -59.9% | 3.49 -10.1% | 3.88 +52.2% |
Compared with the same period a year earlier.
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 · this company | 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 | 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 | 43.40 | Rs 4.0B | 3.2 | 0.85 | 13.37 | 26.23% | 5.53% |
| Peer median · 6 companies | - | - | 10.0 | 0.97 | - | - | 0.35% |
Overseas Realty (Ceylon) PLC is a Colombo Stock Exchange–listed real estate company that develops, owns and manages commercial, retail and residential properties in Sri Lanka. Its portfolio includes landmark assets such as the World Trade Center Colombo, Havelock City and Mireka Towers, and it operates retail and office space including Havelock City Mall. The Company undertakes integrated mixed‑use developments and luxury residential projects, delivering apartments, retail malls and premium commercial space; recent projects named in company reporting include Mireka Towers and the coastal residential development Mireka Seascape in Dodanduwa. Its operations emphasise development, leasing and asset stewardship across office, retail and residential formats. Group companies and brands referenced in company materials include Mireka Capital Land (Pvt) Ltd, Overseas Realty Trading (Pvt) Ltd, Realty Management Services (Pvt) Ltd, Overseas Realty Investments (Pvt) Ltd, Mireka Homes (Pvt) Ltd, Havelock City (Pvt) Ltd and Mireka Seascape (Pvt) Ltd. The Group’s activities cover property development, property management, property leasing and restaurant operation within Sri Lanka.
Below book at 0.89x; Q2 net profit fell 28.9% year-on-year.
Read the full report (Aug 6, 2026) →3 articles in 30 days: 1 positive, 1 negative, 1 neutral.
The Colombo ASPI fell 0.6% to 20,817.82, sliding to a six-month low as losers (163) outpaced winners (31) and turnover barely topped Rs.1bn. Top decliners and contributors to the drop included Dialog, Commercial Bank, Overseas Realty, Singer, Tokyo Cement and Ceylinco, while John Keells closed flat.
Colombo Stock Exchange closed lower as the ASPI fell 0.60% (125.97 points) to 20,817.82 and the S&P SL20 dipped 0.20% to 5,908.66 amid subdued sentiment; market turnover was Rs 1.01bn. Top gainers included Lion Brewery, Carson Cumberbatch and Ambeon; losers included Overseas Realty, Singer, Dialog and Commercial Bank.
Colombo Stock Exchange morning trade saw the ASPI fall 0.21% to 20,898.92 with market turnover at 143.28 million rupees; banks led turnover. Resus Energy said two subsidiaries' bids for 16 MW / 64 MWh battery energy storage systems integrated with solar plants were awarded, with equity needs of 650-800 million rupees.
Colombo bourse extended its rally into a second session as the ASPI rose 0.15% (31.14 pts) to 21,085.15 and the S&P SL20 gained 0.31% to 5,947.50. Market turnover was over Rs.1.3bn on 83m shares, foreigners were net sellers of Rs.2.6m, and top contributors were COMB, DIAL, OSEA, HMN and HHL.
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.
Colombo market slipped 0.61% to a six-week low as the ASPI closed at 21,133.41 amid rising oil prices and fears of an interest-rate hike; 172 counters fell, turnover was over Rs.1.6bn and foreign investors were net sellers of Rs.8m.
Colombo market opened lower as the ASPI fell 69 points (-0.3%) and the S&P SL20 dropped 8 points (-0.1%). Turnover was Rs.1.5bn (above last week's Rs.1.4bn), foreigners were net sellers of Rs.94.7m, with declines led by ASIR, CCS, SPEN, DIAL and others.
Colombo market opened marginally lower: ASPI fell 0.04% to 21,121.78 with turnover over Rs.1.4bn and foreign net outflows of Rs.78.4mn. Selling in CARG, HHL, RICH, CARS and AEL weighed, while heavyweights MELS, CCS, HNB and ACL and crossings by HNW/institutions supported turnover; banks led activity (29%).
Overseas Realty (OSEA.N0000) reported Group PBT of Rs. 4,767 million and Group revenue of Rs. 6,775 million for the six months to 30 June 2026. Fair value gains were Rs. 1,091m (down from Rs. 2,331m), occupancy and rental improvements drove stronger recurring revenue, NAV per share Rs.54.67 and EPS Rs.3.60.
Overseas Realty (Ceylon) PLC signed a lease for the Embassy of France to relocate its Colombo offices to Mireka Tower, the company's Grade A office development in Colombo.
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.