Digital Mobility Solutions Lanka PLC

PKME.N0000Moderately overvalued

Telecom & IT · Internet Software/Services

Digital Mobility Solutions Lanka PLC owns and operates the PickMe digital platform, a technology-enabled marketplace that connects consumers, independent driver earners and merchants to mobility, delivery and commerce services across Sri Lanka.

PKME shares are up 6.4% over the past year and last closed at Rs 154.25 on Sep 30, 2026.

Rs 154.25
+0.16%
Price history
+6.38%

Monthly seasonality

Monthly total returns by year and calendar month
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026+10.0-4.5-12.9+10.9+6.4+7.3-6.9-2.0-2.4+0.0+0.0+0.0
2025+11.9-1.5-0.5-2.0+6.7+1.7+8.2+46.7+17.7+3.9+0.2-1.3
2024+0.0+0.0+0.0+0.0+0.0+0.0+0.0+0.0+0.0+0.0+5.5+24.5
Average+11.0-3.0-6.7+4.4+6.5+4.5+0.6+22.4+7.7-+2.8+11.6
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+11.0-3.0-6.7+4.4+6.5+4.5+0.6+22.4+7.7+3.9+2.8+11.6
% up100%0%0%50%100%100%50%50%50%100%100%50%
P/E
21.5
P/B
11.52
EPS
Rs 7.19
Div Yield
2.79%
Market Cap
Rs 51.5B
Beta
-0.11
ROE
53.7%
Op Margin
33.2% (-0.4pp)

Fundamentals

LineFY2026FY2025
Revenue
Rs 8.7B
+48.8%
Rs 5.8B
Operating profit
Rs 3.1B
+90.5%
Rs 1.6B
Net profit
Rs 2.2B
+88.3%
Rs 1.2B
EPS
6.61
+88.3%
3.51

Compared with the same period a year earlier.

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

Recent dividends

  • 2026 · finalRs 2.60
  • 2026 · first interimRs 1.70
  • 2025 · finalRs 1.30
  • 2025 · first interimRs 1.00
Sector comparisonTelecom & IT · 6 companies
Rs 45.20
P/E
13.5
P/B
4.67
ROE
34.66%
Yield
6.42%
Rs 85.00
P/E
12.4
P/B
1.45
ROE
11.62%
Yield
0.88%
PKME.N0000 · this company
Rs 154.25
P/E
21.5
P/B
11.52
ROE
53.65%
Yield
2.79%
P/E
-
P/B
6.00
ROE
-3.79%
Yield
0.00%
Rs 17.70
P/E
252.9
P/B
3.39
ROE
1.45%
Yield
-
Rs 15.00
P/E
48.4
P/B
3.32
ROE
7.39%
Yield
0.00%
Sector median · 6 companies
P/E 21.5P/B 4.03Yield 0.88%

About Digital Mobility Solutions Lanka PLC

Digital Mobility Solutions Lanka PLC owns and operates the PickMe digital platform, a technology-enabled marketplace that connects consumers, independent driver earners and merchants to mobility, delivery and commerce services across Sri Lanka. The Group provides app-based ride-hailing, last-mile logistics and digital commerce solutions supported by a central platform ecosystem. The Company’s main activities encompass core ride-hailing services that act as the platform’s mobility anchor; a food delivery and marketplace vertical that enables consumers to order from merchants through the app; and parcel and courier services that provide last-mile logistics and SME delivery solutions (branded offerings include PickMe Courier). The Annual Report covers the operations of the Company and its subsidiary. Operations are focused on island-wide service coverage in Sri Lanka and on strengthening platform capabilities, onboarding independent drivers and merchants, and expanding digital service adoption through technology, routing and payments integration.

AI analysis

bullish

PickMe's June-quarter net profit grew 45% year-on-year. Strong platform earnings are set against a 11.9x P/B multiple.

Read the full report (Sep 3, 2026) →

News sentiment

Describes news flow, not a forecast
Last 30 days
More negative than usual for this company
its own lowits own high

Higher than 11% of its last 9 months · 2 of 3 in its sector

4 articles in 30 days: 2 positive, 0 negative, 2 neutral.

24 months positive negative 3-month net
Oct 24: 6 articles, net +1.00Nov 24: 5 articles, net +0.24Dec 24: 1 articles, net -1.00Jan 25: 3 articles, net +0.86Feb 25: 1 articles, net +1.00Apr 25: 1 articles, net -1.00Jun 25: 3 articles, net +1.00Jul 25: 1 articles, net +1.00Sep 25: 1 articles, net +1.00Oct 25: 5 articles, net +0.29Nov 25: 1 articles, net +1.00Dec 25: 2 articles, net -1.00Jan 26: 2 articles, net +0.67Mar 26: 1 articles, net +1.00May 26: 5 articles, net +0.52Jul 26: 3 articles, net +1.00Sep 26: 4 articles, net +0.17Oct 24Feb 25Jun 25Oct 25Feb 26Jun 26
Recent news
View all news →
Daily FT·Sep 25, 2026·Promotional / marketingPositive
PickMe connects Book Fair visits with QR tickets, rides and easier pickups

PickMe will integrate digital ticketing and transport for the Colombo International Book Fair, offering QR e-tickets via PickMe Explore, a dedicated Gate 3 pickup area (up to 10 vehicles) with on-site assistance, a free Borella-BMICH shuttle and a 15% ride discount.

EconomyNext·Sep 24, 2026·Market commentary
Sri Lanka shares close down on cautious trading; turnover at Rs1.3bn

Colombo Stock Exchange closed marginally down, the ASPI fell 0.09% to 21,066.89 with market turnover at Rs1.31 billion. Institutional crossings were seen in PickMe, Access Engineering, Dipped Products and Sampath Bank; notable contributors included Carson Cumberbatch, Commercial Bank, Hayleys and Lion Brewery, and Harischandra Mills appointed a new chairperson.

Ada Derana·Sep 21, 2026·Promotional / marketingPositive
Citypak joins forces with PickMe to launch an island-wide Courier feature

PickMe (Digital Mobility Solutions Lanka PLC) has partnered with Citypak (Advantis, part of Hayleys PLC) to launch PickMe Courier, an island-wide parcel delivery feature in the PickMe app, with Citypak providing end-to-end collection, sorting, line-haul and last-mile delivery.

Daily FT·Sep 18, 2026·Market commentaryPositive
CSE slides to 23-week low

The ASPI fell 0.52% (109.98 pts) to 21,023.43, hitting a 23-week low as selling driven by concerns over rising interest rates and sustained crude above $100 pressured the market. Top drags included Melstacorp, Dialog, Hayleys, Ceylon Beverage and RIL while foreigners were net sellers of ~Rs.213m; turnover ~Rs.1.3bn.

Fuel & Energy PricesInterest Rates
EconomyNext·Sep 17, 2026·Market commentaryPositive
Stocks down on Thursday, capital goods lead turnover

Colombo Stock Exchange fell as the ASPI dropped 0.47% (−100.30 pts) to 21,033.11 and the S&P SL20 fell 0.30% to 5,929.45; market turnover was LKR 1.33bn, led by capital goods (LKR 282.3m). Investors cited slowing GDP momentum, US midterms and possible crude oil price rises as factors.

Fuel & Energy Prices
Daily FT·Sep 1, 2026·Management or board change
Priyanthini McNair joins Digital Mobility Solutions Board

Digital Mobility Solutions Lanka PLC (PickMe) has appointed Priyanthini McNair as an Independent Non-Executive Director. McNair is a seasoned global banking executive with 25+ years’ experience at Emirates NBD and HSBC, bringing expertise in corporate banking, risk governance, capital allocation and ESG-aligned financing.

Telecom & IT sector: what is happening

Last 14 days to Sep 30, 2026

ICT/BPM services exports fell 10.49% year on year to $135.10 million in August. Public-sector technology demand was signalled by the Central Bank's invitation for enterprise data solution expressions of interest, while concerns persisted that digital ID, population-register, data-exchange, government-cloud and AI projects are advancing without adequate safeguards or consultation.

Auto-generated from 13 sector news articles over 14 days. Not investment advice.