Colombo Stock Exchange indices fell on Friday, with the ASPI down 0.23% (48.25 points) to 21,309.49 and the S&P SL20 down 0.03% to 6,002.36 on turnover of Rs221.65 million. Top negatives included Melstacorp, Sampath Bank, Royal Ceramics and Ceylon Tobacco; Ramboda Falls announced a Rs0.50 interim dividend (XD Sept 21).
Hotels & Tourism · Hotels/Resorts/Cruise lines
Ramboda Falls PLC operates a hill-country hotel in Sri Lanka, providing accommodation, guest services and related hospitality operations with a strategic focus on nature lovers and honeymooners. The company’s core activities cover room accommodation, guest facilities and leisure services.
RFL shares are down 47.9% over the past year and last closed at Rs 24.00 on Sep 30, 2026.
Monthly seasonality
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.9 | -3.9 | -10.8 | +6.1 | -15.7 | -15.3 | -4.8 | +5.0 | -4.4 | +0.0 | +0.0 | +0.0 |
| 2025 | -2.3 | -1.8 | -16.4 | +2.9 | +17.7 | +1.8 | +2.3 | +7.6 | +22.6 | -1.5 | -2.8 | -15.2 |
| 2024 | +12.0 | -6.6 | +0.4 | +14.4 | -3.5 | -10.7 | -2.6 | +8.1 | -3.9 | +3.3 | +25.1 | +0.0 |
| 2023 | -5.9 | +4.2 | +7.2 | -2.2 | +1.1 | +4.9 | +0.7 | +7.1 | -9.3 | +8.1 | -1.7 | -10.7 |
| 2022 | -12.3 | -11.4 | +0.6 | -12.8 | +3.3 | +66.5 | -5.0 | +14.7 | -7.5 | -21.2 | +9.8 | +13.3 |
| 2021 | -15.3 | -5.5 | +0.0 | -7.6 | +8.8 | -0.6 | +27.9 | -6.8 | +5.4 | +1.9 | -4.5 | +4.8 |
| 2020 | +0.0 | +0.0 | +2.5 | +0.0 | +0.0 | +0.0 | -10.6 | +5.6 | +6.5 | -11.1 | +11.2 | +20.8 |
| 2019 | -3.2 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | -2.0 | -2.1 | -2.6 | -4.3 | +0.0 |
| 2018 | -12.5 | +9.3 | -9.0 | +10.5 | +0.0 | +0.0 | +0.0 | +0.0 | -12.5 | +0.0 | +0.0 | +0.0 |
| 2017 | -4.3 | -11.8 | -16.0 | +23.3 | +7.0 | +1.4 | -11.0 | +0.0 | +0.0 | -9.5 | +4.7 | +4.5 |
| 2016 | -11.8 | +5.3 | -11.5 | +7.8 | +0.8 | -1.2 | +1.2 | +19.6 | -12.0 | +0.0 | +0.0 | +0.0 |
| 2015 | +0.0 | +15.0 | -4.7 | +17.5 | -10.4 | -1.3 | -1.0 | +4.8 | -2.3 | -0.7 | -8.7 | +2.9 |
| 2014 | -2.1 | -13.7 | +20.0 | +0.0 | +9.0 | +99.4 | +6.4 | -4.8 | -6.9 | +2.7 | -14.2 | +0.0 |
| 2013 | +1.3 | +0.6 | -14.6 | +12.6 | +1.3 | -8.4 | -7.8 | -0.8 | +21.7 | -7.6 | -9.7 | +8.4 |
| 2012 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | -4.8 | +10.2 | +1.5 | -5.1 | -11.2 | -7.2 |
| Average | -4.2 | -1.7 | -4.0 | +6.0 | +1.8 | +12.4 | -0.7 | +5.3 | -0.2 | -3.6 | -0.5 | +1.8 |
| 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 | -3.2 | -2.8 | -4.7 | +6.9 | +1.3 | -0.6 | -2.6 | +5.6 | -3.1 | -2.1 | -3.6 | +1.5 |
| % up | 23% | 42% | 38% | 67% | 73% | 45% | 38% | 69% | 36% | 33% | 33% | 50% |
Fundamentals
| Line | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | Rs 212.7M -12.2% | Rs 242.3M +21.8% | Rs 199.0M +62.7% | Rs 122.3M +157.1% | Rs 47.6M +239.2% | Rs 14.0M -87.3% | Rs 110.2M -22.1% | Rs 141.4M +11.1% |
| Operating profit | Rs 16.6M -60.8% | Rs 42.3M +77.6% | Rs 23.8M +247.1% | Rs 6.9M +399.4% | Rs 1.4M | Rs -25.4M | Rs 12.6M -60.7% | Rs 32.2M +30.3% |
| Net profit | Rs 16.4M -34.7% | Rs 25.1M +50.6% | Rs 16.6M turned profitable | Rs -11.8M fell into loss | Rs 3.5M turned profitable | Rs -24.1M fell into loss | Rs 8.1M -67.8% | Rs 25.1M +37.9% |
| EPS | 0.82 -34.4% | 1.25 +50.6% | 0.83 | -0.59 | 0.17 | -1.20 | 0.40 -68.3% | 1.26 +38.5% |
Compared with the same period a year earlier.
Parent company only. Subsidiaries are not included.
Per-share figures are as reported, not adjusted for splits.
Recent dividends
- 2027Rs 0.50
- 2026Rs 1.00
- 2025Rs 0.50
- 2019 · second interimRs 0.50
| # | Company | Price | Mkt cap | P/E | P/B | EPS | ROE | Div Yield |
|---|---|---|---|---|---|---|---|---|
| 1 | PALM.N0000 | 48.30 | Rs 23.0B | - | 1.67 | -5.65 | -18.19% | 0.00% |
| 2 | NEH.N0000 | 4,382.50 | Rs 9.6B | 12.0 | 1.29 | 365.64 | 11.13% | 0.00% |
| 3 | KHC.N0000 | 12.00 | Rs 9.1B | 44.4 | 0.89 | 0.27 | 1.95% | 0.00% |
| 4 | SIGV.N0000 | 12.50 | Rs 1.1B | 26.0 | 1.65 | 0.48 | 0.78% | 2.38% |
| 5 | HSIG.N0000 | 63.90 | Rs 1.1B | 19.1 | 0.90 | 3.34 | 4.69% | 0.00% |
| 6 | MRH.N0000 | 16.10 | Rs 757.8M | - | 0.62 | -7.73 | -36.08% | 0.00% |
| 7 | RFL.N0000 · this company | 24.00 | Rs 480.0M | - | 0.96 | -0.25 | 2.20% | 6.25% |
| Peer median · 6 companies | - | - | 22.6 | 1.09 | - | - | 0.00% |
About Ramboda Falls PLC
Ramboda Falls PLC operates a hill-country hotel in Sri Lanka, providing accommodation, guest services and related hospitality operations with a strategic focus on nature lovers and honeymooners. The company’s core activities cover room accommodation, guest facilities and leisure services. The business is undertaking property expansion and modernization, including new rooms, a swimming pool and improved facilities, aimed at enhancing guest experience and increasing capacity, while emphasising sustainability and responsible tourism practices. Its operating performance is influenced by international and domestic tourism trends and broader economic conditions, and management continues to focus on cost management and operational efficiency to navigate the hospitality sector’s cyclicality.
AI analysis
bearishEvidence points to a weaker company despite a moderately undervalued price: June revenue fell 33.2% and the hotel returned to loss. The offset is a strong balance sheet.
Read the full report (Sep 21, 2026) →News sentiment
Describes news flow, not a forecast1 article in 30 days: 1 positive, 0 negative, 0 neutral.
Dividend · Rs 0.50 · XD Sep 21, 2026
Dividend of LKR 0.5/share; XD 2026-09-21; record 2026-09-22; payable 2026-10-08; FY 2026/27
Branding in Sri Lanka is shifting toward people-centered co-creation supported by AI—with nearly 90% of digital content ignored—offering opportunities for firms (e.g., Dialog Axiata) and hotel, tea and consumer brands to use community-driven storytelling and creator networks.
Dividend · Rs 1.00 · XD Oct 1, 2025
Dividend of LKR 1/share; XD 2025-10-01; record 2025-10-01; payable 2025-10-22; FY 2025/2026
Hotels & Tourism sector: what is happening
Last 14 days to Sep 30, 2026Tourism remained subdued: arrivals in 1-23 September edged up 0.31% year on year, led by India, but year-to-date arrivals were 1.83% lower amid Middle East disruptions and softer global demand. August tourism earnings rose 2.1%, ending a 10-month decline, yet year-to-date revenue fell 10%. Higher energy costs and weakened purchasing power also weighed on tourism demand.
The stories behind it
Auto-generated from 6 sector news articles over 14 days. Not investment advice.