Swisstek (Ceylon) PLC

PARQ.N0000Fairly valued

Property & Construction · Building Products

Swisstek (Ceylon) PLC is a Sri Lanka-based provider of building and construction solutions, focused on manufacturing and supplying products and systems for fixing, finishing and beautifying the built environment.

PARQ shares are down 10.0% over the past year and last closed at Rs 80.10 on Sep 30, 2026.

Rs 80.10
-2.20%
Price history
-10.00%

Monthly seasonality

Monthly total returns by year and calendar month
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026-7.7-2.1-6.5+1.9-1.7-7.2-6.6+1.4+17.7+0.0+0.0+0.0
2025+10.0-5.8+7.4+9.2+15.3+49.1+16.3-8.8-2.7+3.9-9.4+10.3
2024-9.1+11.4+15.7+13.5-0.5-0.5-8.8-2.0+20.7+19.3+15.8+30.4
2023-8.9+1.4-1.4+2.8-9.5+24.1+8.5-5.6+8.9-12.0+1.9-0.6
2022-0.2-12.6-55.4-24.0+2.9-7.1+7.7+25.7+35.2-27.3+0.6-9.8
2021+59.6-26.5-3.5+31.8+9.7-8.2+5.8-9.7-4.3+18.7+23.7+17.3
2020-5.8-5.7-41.6+0.0+0.0+26.3-6.5+9.7+11.6-1.0+70.9+17.1
2019-3.4-7.8-4.7-4.0-14.7-6.0+38.1+6.5-3.8+26.1+9.6-0.8
2018+0.9-0.8-9.4+0.0-0.3-15.2-6.1-4.1-9.8+2.3+0.7+0.0
2017-2.6+2.7-4.8+8.1+4.8+3.0+3.8-12.0-4.4+3.4-6.1-1.5
2016-6.4-5.6+2.0+18.2-0.8-3.9+7.3+5.3+5.4-4.5-2.1-0.1
2015-5.5+30.9-10.6+31.0+16.4-10.5+3.8-2.5-1.9+14.9-9.0+2.5
2014+31.8-8.3-2.4-1.5+10.0+6.8+14.4-3.7+4.6+12.5+16.7+6.4
2013+9.7-12.2-7.0+32.5-1.9-3.8+0.7+6.0+8.1+8.7-4.3-3.9
2012+0.0+0.0+0.0-8.0-25.4+45.6+13.3-5.9+6.9-13.5-22.3+16.5
Average+4.5-2.9-8.7+8.0+0.3+6.2+6.1+0.0+6.2+3.7+6.2+6.0
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-3.0-5.7-4.7+5.4-0.4-3.8+5.8-2.5+5.4+3.7+0.7+1.3
% up36%29%21%64%43%40%73%40%60%64%57%50%
P/E
10.2
P/B
2.70
EPS
Rs 7.85
Div Yield
2.62%
Market Cap
Rs 11.0B
Beta
2.16
ROE
26.5%
Op Margin
12.0% (+0.9pp)

Fundamentals

LineFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Revenue
Rs 16.9B
+10.6%
Rs 15.3B
+51.5%
Rs 10.1B
+12.4%
Rs 9.0B
-5.9%
Rs 9.5B
+76.8%
Rs 5.4B
+16.4%
Rs 4.6B
+7.9%
Rs 4.3B
+5.3%
Operating profit
Rs 2.2B
+15.5%
Rs 1.9B
+140.7%
Rs 778.0M
-38.4%
Rs 1.3B
+2.6%
Rs 1.2B
+26.3%
Rs 975.0M
+59.7%
Rs 610.5M
+45.2%
Rs 420.3M
-33.3%
Net profit
Rs 1.2B
+29.5%
Rs 929.6M
turned profitable
Rs -112.7M
loss narrowed
Rs -702.7M
fell into loss
Rs 899.5M
+40.5%
Rs 640.5M
+281.8%
Rs 167.8M
+22,269.7%
Rs 750.0K
-99.8%
EPS
7.32
+15.8%
6.32
-0.51
-4.15
6.16
+41.3%
4.36
-30.9%
6.31
+951.7%
0.60
-95.3%

Compared with the same period a year earlier.

Per-share figures are as reported, not adjusted for splits.

Recent dividends

  • 2026 · finalRs 0.40
  • 2026 · first interimRs 1.70
  • 2025 · finalRs 0.35
  • 2025Rs 1.15
  • 2024 · finalRs 0.30
  • 2024 · first interimRs 0.50
  • 2023 · finalRs 0.20
  • 2023 · first interimRs 1.10
Peer comparison3 peers in Property & Construction
RCL.N0000 · same group, not in the median
Rs 45.70
P/E
6.7
P/B
0.90
ROE
13.60%
Yield
4.38%
LWL.N0000 · same group, not in the median
Rs 43.50
P/E
17.8
P/B
0.52
ROE
2.98%
Yield
5.52%
PARQ.N0000 · this company
Rs 80.10
P/E
10.2
P/B
2.70
ROE
26.53%
Yield
2.62%
TILE.N0000 · same group, not in the median
Rs 40.70
P/E
8.6
P/B
0.66
ROE
7.83%
Yield
4.18%
Sector median · 32 companies
P/E 10.2P/B 1.09Yield 2.39%

About Swisstek (Ceylon) PLC

Swisstek (Ceylon) PLC is a Sri Lanka-based provider of building and construction solutions, focused on manufacturing and supplying products and systems for fixing, finishing and beautifying the built environment. Its activities include manufacturing, selling and installing flooring, importing and distributing janitorial equipment and high-pressure cleaners, and fabricating and installing aluminium partitions, alongside complementary construction materials and services. The Group operates through multiple business verticals that supply products, systems and installation services across the construction value chain. Core offerings include tile finishing materials, aluminium roofing systems and waterproofing solutions, and the Company has more recently introduced construction services as an additional business vertical. Swisstek leverages operational capabilities, product innovation and the broader Vallibel Group ecosystem to support its market presence and distribution in Sri Lanka, while also engaging in export activity and pursuing geographic diversification beyond its historical markets.

AI analysis

bullish

Swisstek's latest quarter delivered its best June net margin on record, while profit growth outpaced revenue growth. Heavy gearing and weak cash conversion remain the main constraints.

Read the full report (Aug 8, 2026) →

News sentiment

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

No scored news in the last 30 days.

24 months positive negative 3-month net
Mar 25: 1 articles, net -1.00May 25: 1 articles, net +1.00Jun 25: 1 articles, net +1.00Jul 25: 1 articles, net +1.00Aug 25: 1 articles, net +1.00Mar 26: 3 articles, net +0.33May 26: 2 articles, net +1.00Jun 24Oct 24Feb 25Jun 25Oct 25Feb 26
Recent news
View all news →
EconomyNext·May 22, 2026·Market commentaryPositive
Sri Lanka stocks trend up, JKH pushes turnover

Colombo Stock Exchange traded higher midday as the ASPI rose 0.24% (52.94 pts) to 21,886 with turnover Rs.807m, led by gains in John Keells and DFCC. Lanka Ceramic declared a final dividend of Rs.6.40 and Swisstek recommended a final dividend of Rs.0.40 per share.

EconomyNext·May 20, 2026·Market commentaryPositive
Sri Lanka stocks close down amidst rupee depreciation concerns

Colombo Stock Exchange closed down as the ASPI fell 1.98% to 21,856 amid concerns over rupee depreciation (buy 334.50 / sell 343.50). Top negatives included Melstacorp, Sampath Bank, John Keells, Ceylinco Insurance and HNB; Swisstek rose, and Ambeon reported a Q3 loss of Rs.221.7m with its share down 4.72%.

Rupee & Forex
Daily FT·Feb 6, 2026·Management or board change
Swisstek appoints Indika Ilukkumbura to Board

Swisstek (Ceylon) PLC has appointed Indika Ilukkumbura to its Board as a Non-Independent Non-Executive Director. Ilukkumbura is Group CFO of the Unidil Group with over 18 years' experience in finance, audit and compliance.

EconomyNext·Dec 17, 2025·Market commentaryPositive
Sri Lanka stocks dip 0.02-pct on banks and capital goods

Colombo Stock Exchange closed 0.02% lower as the ASPI slipped to 22,329.69, with banks and capital-goods names dragging the market. LOLC Finance filed to list Rs 15bn of debentures; turnover rose to Rs 3.3bn and net foreign outflow was Rs 130.44m.

EconomyNext·Dec 12, 2025·Market commentary
Sri Lanka stocks close up 0.22-pct amidst volatility

Colombo Stock Exchange rose 0.22% as the ASPI closed at 22,508.26 with turnover down to 3.02 billion rupees. Vidullanka and Windforce were awarded contracts to develop 50MW wind plants in Mannar, and several stocks (Senkadagala Finance, John Keells, Hayleys, Windforce, Vidullanka) helped lift the index.

EconomyNext·Dec 11, 2025·Market commentaryPositive
Colombo Dockyard, construction shares push Sri Lanka stocks higher

Colombo Dockyard said the SEC approved Onomichi Dockyard to sell its entire shareholding to Mazagon Dock Shipbuilders after the company's rights issue, subject to a mandatory offer; DOCK closed at LKR234.25 (up LKR17.25). Speculative interest in construction-related stocks (eg. ACL, Swisstek) lifted the ASPI 0.16% and S&P SL20 0.18%.

Construction Activity

Property & Construction sector: what is happening

Last 14 days to Sep 30, 2026

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.