Banks & Finance · Finance/Rental/Leasing
People’s Leasing & Finance PLC is a licensed non-bank financial institution in Sri Lanka providing a range of retail and commercial finance products through a wide branch network.
PLC shares are down 29.0% over the past year and last closed at Rs 18.00 on Sep 30, 2026.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +2.8 | +3.1 | -13.6 | +4.4 | -7.9 | +0.0 | -9.9 | +0.5 | -7.7 | +0.0 | +0.0 | +0.0 |
| 2025 | +17.6 | -8.5 | -2.2 | +0.0 | +5.0 | +11.7 | +16.2 | -3.7 | +14.8 | +10.6 | -5.5 | -9.1 |
| 2024 | -0.4 | +1.0 | +8.8 | +7.2 | +0.8 | +5.0 | -2.4 | -4.9 | +0.0 | +13.7 | +0.0 | +27.8 |
| 2023 | +33.3 | +8.8 | +6.8 | -11.4 | +4.3 | +12.3 | +45.1 | -3.4 | -4.3 | -7.3 | +3.9 | +0.9 |
| 2022 | +2.8 | -4.5 | -25.7 | -12.8 | +0.0 | -8.8 | +0.0 | +4.8 | +6.5 | -7.8 | -8.5 | -5.6 |
| 2021 | +14.5 | -13.4 | -4.1 | +0.8 | +11.8 | -2.3 | +1.5 | -10.3 | -4.5 | +4.7 | -4.5 | +4.7 |
| 2020 | -10.6 | -7.5 | -18.9 | +0.0 | +0.0 | +12.1 | -8.5 | +0.0 | +10.9 | -9.1 | +2.5 | +5.6 |
| 2019 | -5.5 | -7.8 | -5.6 | +3.0 | -0.7 | +2.2 | +14.3 | -0.2 | -4.5 | +16.2 | +5.2 | -1.1 |
| 2018 | -1.8 | -2.4 | -3.1 | +0.6 | -1.9 | -1.3 | +0.0 | -3.2 | -4.7 | +9.2 | +3.2 | +1.9 |
| 2017 | -2.9 | -4.2 | -1.3 | +15.9 | +1.6 | -2.7 | -5.0 | -1.2 | +0.6 | +0.6 | -0.6 | +0.0 |
| 2016 | -8.6 | -9.0 | -12.6 | +20.6 | -1.0 | -6.3 | +3.4 | +0.0 | +1.1 | -3.7 | -4.4 | -0.6 |
| 2015 | +0.4 | +5.7 | -14.6 | +8.1 | +0.0 | -2.9 | +6.4 | +1.2 | -12.4 | -1.4 | -1.4 | +2.8 |
| 2014 | +15.7 | -7.7 | +0.0 | +7.0 | +2.0 | +2.6 | +8.1 | +2.3 | +12.4 | +12.1 | +1.8 | +7.9 |
| 2013 | +3.0 | -1.5 | -2.2 | +8.4 | +4.9 | -1.3 | -2.7 | +0.0 | -5.6 | -0.7 | +1.5 | -1.5 |
| 2012 | +0.0 | +0.0 | +0.0 | -4.3 | -6.3 | +12.5 | -7.7 | +1.9 | +27.3 | -11.4 | -7.3 | +14.8 |
| Average | +4.3 | -3.4 | -6.3 | +3.4 | +0.9 | +2.2 | +3.9 | -1.1 | +2.0 | +1.8 | -1.0 | +3.5 |
| 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 | +1.6 | -4.4 | -3.6 | +3.7 | +0.4 | +0.0 | +0.0 | +0.0 | +0.0 | -0.1 | -0.3 | +1.4 |
| % up | 57% | 29% | 14% | 71% | 50% | 47% | 47% | 33% | 47% | 50% | 43% | 57% |
| Line | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Total income | Rs 32.4B +41.8% | Rs 22.9B +18.5% | Rs 19.3B -3.1% | Rs 19.9B -7.2% | Rs 21.4B +5.7% | Rs 20.3B -15.3% | Rs 23.9B +6.6% | Rs 22.5B +21.5% |
| Operating profit | Rs 13.1B +46.2% | Rs 9.0B +6.7% | Rs 8.4B +20.3% | Rs 7.0B -21.6% | Rs 8.9B -1.9% | Rs 9.1B +17.7% | Rs 7.7B -20.6% | Rs 9.7B +45.0% |
| Net profit | Rs 5.9B +44.7% | Rs 4.1B -2.6% | Rs 4.2B +22.0% | Rs 3.4B -28.6% | Rs 4.8B -13.9% | Rs 5.6B +55.8% | Rs 3.6B -28.3% | Rs 5.0B -0.1% |
| EPS | 2.61 +40.3% | 1.86 +0.5% | 1.85 +7.6% | 1.72 -32.6% | 2.55 -18.0% | 3.11 +47.4% | 2.11 -30.8% | 3.05 +0.0% |
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 | LOFC.N0000 | 5.30 | Rs 156.7B | 5.6 | 0.97 | 0.94 | 17.18% | 0.00% |
| 2 | LFIN.N0000 | 152.00 | Rs 84.2B | 5.6 | 1.34 | 27.10 | 23.87% | 5.39% |
| 3 | CFIN.N0000 | 208.50 | Rs 47.4B | 4.5 | 0.55 | 46.37 | 12.21% | 3.12% |
| 4 | PLC.N0000 · this company | 18.00 | Rs 40.9B | 6.7 | 0.75 | 2.68 | 10.81% | 3.79% |
| 5 | COCR.N0000 | 96.70 | Rs 30.8B | 3.2 | 0.82 | 30.55 | 25.99% | 16.55% |
| 6 | SFCL.N0000 | 334.25 | Rs 30.3B | 14.6 | 2.22 | 22.82 | 15.66% | 0.84% |
| 7 | CDB.N0000 | 32.50 | Rs 23.3B | 5.0 | 0.81 | 6.46 | 15.90% | 5.38% |
| 8 | VFIN.N0000 | 84.50 | Rs 22.4B | 5.6 | 1.06 | 15.04 | 17.97% | 3.12% |
| Peer median · 8 companies | - | - | 5.6 | 1.02 | - | - | 3.12% |
People’s Leasing & Finance PLC is a licensed non-bank financial institution in Sri Lanka providing a range of retail and commercial finance products through a wide branch network. Its core offerings include leases, loans, gold loans, deposit mobilisation, margin trading and Islamic finance products, delivered across a 112-branch network serving customers in all 25 districts of Sri Lanka. The Company is part of the People’s Bank Group and positions itself as a provider of customer-focused, total financial solutions. The Group extends beyond core finance through subsidiaries active in general insurance, property development, fleet services, microfinance and regional leasing operations. Named subsidiaries include People’s Insurance PLC (general insurance), Havelock Properties and People’s Leasing Property Development (property development and a premium office complex in Colombo), People’s Leasing Fleet Management Limited (vehicle valuation and insurance assessment services), People’s Micro-Commerce Ltd. (non-bank financial services to individuals and micro-enterprises) and Alliance Finance PLC (leasing and lending operations in Bangladesh). The Company identifies green lending, Islamic finance expansion, digital channels and regional growth as strategic growth priorities.
Evidence points bullish because income and profit continued to grow while the shares score 93 for value across the market. The catch is that June profitability narrowed and lender leverage increased.
Read the full report (Sep 30, 2026) →8 articles in 30 days: 6 positive, 0 negative, 2 neutral.
Colombo Stock Exchange trended up with the ASPI rising 117.10 points (0.56%) to 20,934.92 by mid‑morning and the S&P SL20 up 0.45% at 5,922.74. Top contributors included Singer, Ceylon Cold Stores, LOLC Finance and Dialog; turnover was Rs.186.49m and People's Leasing said it allotted its fully subscribed Rs.10bn listed debentures.
People's Leasing & Finance PLC said its Rs10 billion debenture issue was oversubscribed with subscriptions for 100,000,000 debentures; the company allotted the debentures on 30 Sep 2026, giving 65,050,000 to identified investors and pro rata allocations for other applicants.
Colombo stock market ended the week marginally lower (ASPI down 0.09% to 21,037.35) with subdued investor sentiment ahead of next Wednesday's Central Bank Monetary Policy announcement; market turnover was below Rs.815m and foreign investors were net sellers of Rs.193.3m.
People's Leasing & Finance PLC said its debenture issue closed oversubscribed after receiving applications for over Rs.10 billion; the company had offered an initial Rs.5 billion (50 million debentures) with the option to raise up to Rs.10 billion and will notify the basis of allotment to the CSE.
People's Leasing & Finance PLC received CSE approval in principle to list a Rs.10 billion subordinated unsecured five-year debenture issue (initial 50m units, 13.75% p.a.; option for additional 50m if oversubscribed); subscription opens Wednesday. Fitch rated the debentures 'BBB+(lka)' and PLC's issuer rating is 'A(lka)'; proceeds will bolster Tier-2 capital.
Colombo Stock Exchange ASPI rose 0.16% to 21,056.26 on Friday (S&P SL20 up 0.07%) while the ASPI ended the week down 326.48 points. Market turnover was Rs 1.34bn; People's Leasing plans to list Rs 10bn of 13.75% debentures and DFCC Bank allotted its Rs 12.5bn Tier-2 debenture issue.
People's Leasing & Finance (PLC.N0000) plans to list Rs 10 billion of five-year subordinated debentures carrying a fixed 13.75% p.a. interest. The issue is 100 million units at Rs100 each (AER 13.75%), CSE has approved listing in principle and subscription opens Sept 23.
Fitch assigned People's Leasing & Finance PLC's proposed Rs.10 billion five-year Sri Lankan rupee-denominated subordinated listed debenture a final National Long-Term Rating of 'BBB+(lka)'; proceeds will be used to strengthen Tier 2 capital and maintain capital adequacy.
Fitch assigned People's Leasing & Finance PLC's proposed LKR10 billion five-year subordinated listed debenture a final National Long-Term Rating of 'BBB+(lka)'. Proceeds are intended to strengthen Tier 2 capital; the debenture rating is two notches below PLC's national rating.
Sri Lanka People's Leasing & Finance PLC's proposed LKR10 billion five-year subordinated listed debenture has been assigned a final National Long-Term Rating of 'BBB+(lka)' by Fitch; proceeds are planned to bolster Tier 2 capital and maintain capital adequacy.
With policy held at 8.75% amid 8.0% inflation, and Treasury and secondary bond yields rising during the window, banks face continued pressure to reprice deposits and loans while government-securities portfolios remain sensitive to yield moves. The rupee weakened and foreign investors sold rupee bonds for a second week. From 1 November, TIN verification will be required for bank accounts and credit cards, adding onboarding compliance.
Auto-generated from 45 sector news articles over 14 days. Not investment advice.