EquityLK

Richard Pieris Exports PLC

REXP.N0000Moderately undervalued

Manufacturing · Miscellaneous Manufacturing

Richard Pieris Exports PLC is an export-oriented manufacturer of rubber-based products and a producer of fillers for the rubber industry. The Group operates as a holding company with two subsidiaries and one associate and supplies industrial and consumer markets across international regions.

REXP shares are down 9.3% over the past year and last closed at Rs 337.75 on Sep 30, 2026.

Rs 337.75
+0.00%
Price history
-9.27%

Monthly seasonality

Monthly total returns by year and calendar month
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026+3.6-1.7-11.1+9.9-0.4-11.2-3.7+0.9+0.3+0.0+0.0+0.0
2025+0.9-6.2-3.3-1.5-2.1-0.3+2.6+0.4-2.0+7.2-2.3+2.0
2024-1.0-8.5+0.0+2.7-0.4+0.1-7.4-3.7-2.5+1.3-2.5+8.8
2023+3.0-6.1-3.4+2.3-6.7+1.8+10.3-6.9-4.0-5.6-0.7-3.8
2022+6.1-22.2-13.0-27.1+20.5-4.5+86.9-13.2-8.6-7.7-12.9-1.6
2021+24.2-16.7+4.0-8.4+5.0+0.3+9.3+11.4+13.6-0.4-3.4+76.3
2020+3.4-9.3-22.4+0.0+0.0+1.2+2.0+10.5+5.1-0.9+18.6+13.7
2019+7.0-2.2-5.3-6.1-0.7+2.1+6.6+4.2-4.0+18.0+5.9-3.3
2018+1.9-1.6-5.3+0.5-2.3-3.0+0.4+1.2+0.6+10.0+19.9-0.4
2017-3.7+8.0-13.5+4.9+1.3+3.3+0.0+0.0-5.8-1.4-13.9-1.7
2016-13.0-5.8-10.2+12.3-0.8-2.0+0.8+0.6-3.5+0.0-6.3+3.6
2015-1.6-2.5-10.7+14.1+8.4-15.2+7.0+40.3+7.5+29.7-2.8+3.1
2014+28.0-9.5+6.6+26.9+3.0+1.4+31.5+28.0+14.0+15.0-0.6-1.0
2013+1.2-11.5+0.0+11.3+32.3-16.3+1.1+1.1+0.3+9.8+3.1+4.0
2012+0.0+0.0+0.0-6.8-24.4+32.3+3.9+18.3+31.0-6.1+9.4-1.2
Average+4.3-6.8-6.3+2.5+2.3-0.7+10.1+6.2+2.8+4.9+0.8+7.0
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+2.5-6.1-5.3+2.5-0.4+0.1+2.6+1.1+0.3+0.6-1.5+0.8
% up71%7%14%64%43%53%80%73%53%50%36%50%
P/E
21.8
P/B
1.01
EPS
Rs 15.48
Div Yield
2.66%
Market Cap
Rs 3.8B
Beta
0.80
ROE
4.7%
Op Margin
2.8% (+9.8pp)

Fundamentals

LineFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Revenue
Rs 6.0B
-17.0%
Rs 7.3B
+1.8%
Rs 7.1B
-21.2%
Rs 9.0B
+38.3%
Rs 6.5B
+21.9%
Rs 5.4B
+2.9%
Rs 5.2B
+0.6%
Rs 5.2B
+21.3%
Operating profit
Rs -154.9M
Rs -214.4M
Rs 290.8M
-58.8%
Rs 705.9M
-18.4%
Rs 864.5M
-25.2%
Rs 1.2B
+3.9%
Rs 1.1B
+3.9%
Rs 1.1B
+35.0%
Net profit
Rs 4.1M
turned profitable
Rs -210.6M
fell into loss
Rs 34.1M
-96.8%
Rs 1.0B
-36.9%
Rs 1.7B
+59.4%
Rs 1.0B
-0.0%
Rs 1.0B
+6.1%
Rs 980.3M
+37.5%
EPS
3.62
+13.5%
3.19
-44.4%
5.74
-93.5%
87.68
-24.6%
116.35
+103.9%
57.07
-1.0%
57.67
+8.6%
53.12
+42.6%

Compared with the same period a year earlier.

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

Recent dividends

  • 2026 · first interimRs 9.00
  • 2025 · first interimRs 12.00
  • 2024 · first interimRs 12.00
  • 2023 · first interimRs 35.00
  • 2022 · first interimRs 28.00
  • 2021 · first interimRs 25.00
  • 2020 · first interimRs 24.75
  • 2018Rs 16.00
Peer comparison2 peers in Manufacturing
Sector overview Open in screener
1Dipped Products PLC
DIPD.N0000
Rs 59.30
P/E
9.2
P/B
0.99
ROE
10.82%
Yield
3.79%
2Richard Pieris Exports PLC
REXP.N0000 · this company
Rs 337.75
P/E
21.8
P/B
1.01
ROE
4.65%
Yield
2.66%
3Samson International PLC
SIL.N0000
Rs 570.75
P/E
6.3
P/B
3.09
ROE
59.08%
Yield
0.35%
Sector median · 29 companies
P/E 12.0P/B 1.63Yield 2.05%

About Richard Pieris Exports PLC

Richard Pieris Exports PLC is an export-oriented manufacturer of rubber-based products and a producer of fillers for the rubber industry. The Group operates as a holding company with two subsidiaries and one associate and supplies industrial and consumer markets across international regions. Its core operations comprise a hard rubber business that manufactures and exports items such as entrance and workstation mats, large ring mats, food jar sealing rings, crutch-tips and specialised mats (including fire retardant and electrically resistive mats), and a natural foam business that produces latex foam and natural latex continuous sheeting for international customers. The Group also includes Richard Pieris Natural Foams Limited and Micro Minerals (Pvt) Ltd among its subsidiaries and has an associate, Arpitalian Compact Soles (Pvt) Ltd. The Company’s manufacturing footprint is in Sri Lanka, including operations referenced at locations such as Ratmalana and the Biyagama Free Trade Zone, and it exports to markets including Europe, the United States and Asia. Sustainability, waste recycling and compliance with emerging international regulations are noted priorities in its operations and product development.

ExportersTea & Plantation Crops

AI analysis

neutral

Richard Pieris Exports returned to quarterly profit as operating margin rose 9.8 points. The recovery is not yet reflected in a share price down 14.2% over three months.

Read the full report (Sep 2, 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
Apr 25: 1 articles, net -1.00Mar 26: 1 articles, net -1.00Apr 24Aug 24Dec 24Apr 25Aug 25Dec 25
Recent news
View all news →
CSE filing·Mar 30, 2026Negative
Refer to the Attachment.

Dividend · Rs 9.00 · XD Apr 10, 2026

First Interim dividend of LKR 9/share; XD 2026-04-10; record 2026-04-14; payable 2026-04-30; FY ended 31st March 2026

Exporters
EconomyNext·Apr 4, 2025·OtherNegative
Sri Lanka eyes tariff talks as Trump to consider ‘phenomenal’ offers

Sri Lanka plans to seek talks with the US to reduce a 44% tariff that would hit apparel exporters and could risk losing US orders; industry groups warn the levy could be devastating for price-competitive apparel firms and cost thousands of jobs.

Exporters
CSE filing·Feb 24, 2025
Refer to the Attachment.

Dividend · Rs 12.00 · XD Mar 6, 2025

First Interim dividend of LKR 12/share; XD 2025-03-06; record 2025-03-06; payable 2025-03-26; FY 2024/2025

Exporters
Daily FT·Feb 7, 2025·Management or board change
Wasantha promoted as MD at Richard Pieris Exports

Wasantha Abeysirigunawardena has been appointed Managing Director (Executive Non-Independent Director) of Richard Pieris Exports PLC. He was previously the company's CEO and has over 44 years' experience in rubber products manufacturing with a Master's in Polymer Science and Technology.

Exporters

Manufacturing sector: what is happening

Last 14 days to Sep 30, 2026

Manufacturing export conditions weakened in August as apparel, tea and coconut-based product shipments fell, although merchandise exports remained higher over January-August. Exporters also reported certification delays, cost pressures and cheaper imported rubber undermining local value addition. Oil-price swings added uncertainty to energy and transport inputs, while industry proposals continued to stress higher-value agrifood processing, traceability and mechanisation.

The stories behind it

Auto-generated from 16 sector news articles over 14 days. Not investment advice.