Diversified Holdings · Industrial Conglomerates
Richard Pieris and Company PLC is a diversified Sri Lankan group engaged in manufacturing, trading and services across retail, plantation, rubber, tyre retreading, plastics, furniture and financial services.
RICH shares are down 6.6% over the past year and last closed at Rs 25.30 on Sep 30, 2026.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -10.6 | -2.6 | -17.3 | +14.1 | -9.7 | -2.5 | -10.4 | -5.5 | -3.1 | +0.0 | +0.0 | +0.0 |
| 2025 | +7.7 | -8.2 | -1.2 | -1.2 | +2.4 | -6.3 | +8.8 | +5.7 | -2.2 | +20.7 | +16.9 | +11.5 |
| 2024 | -2.4 | +1.0 | +4.0 | +2.4 | -7.0 | +2.5 | -7.3 | -1.1 | +14.4 | +5.1 | +10.6 | +3.6 |
| 2023 | -7.0 | -7.1 | -0.5 | -9.1 | -7.4 | +17.6 | +17.9 | -6.6 | -7.9 | -2.4 | -5.9 | +6.2 |
| 2022 | +0.0 | -19.9 | -39.1 | +0.0 | +12.5 | +0.0 | +41.5 | +23.0 | +31.1 | -7.5 | -21.1 | +8.0 |
| 2021 | +7.4 | +3.8 | +1.2 | -5.4 | +2.5 | +3.7 | +0.0 | -1.2 | +0.6 | +7.1 | +5.0 | +30.2 |
| 2020 | -7.6 | -4.6 | -25.0 | +0.0 | +0.0 | +2.1 | +4.0 | +10.7 | +34.2 | -17.0 | +14.2 | +2.8 |
| 2019 | -1.9 | -4.9 | -6.1 | -2.2 | +2.2 | +6.5 | +11.2 | -2.8 | -2.8 | +9.7 | +4.4 | +0.0 |
| 2018 | -0.8 | -0.8 | -0.8 | -0.8 | -2.4 | -9.8 | +0.9 | -7.2 | -1.0 | +1.0 | +0.0 | +1.9 |
| 2017 | +0.0 | +1.2 | +1.2 | +6.0 | +8.0 | +9.5 | +18.3 | -6.5 | +18.3 | +2.9 | -2.9 | -5.1 |
| 2016 | -8.2 | -2.6 | -6.6 | +9.9 | +9.0 | -2.4 | +4.8 | -1.1 | -2.3 | -7.1 | +0.0 | +3.8 |
| 2015 | +0.0 | -2.4 | -12.0 | +11.0 | +1.2 | -4.9 | +6.4 | -1.2 | +3.7 | +1.2 | -2.3 | +1.2 |
| 2014 | +6.3 | -1.5 | +0.0 | +6.1 | +4.3 | +1.4 | +0.0 | +17.6 | +4.6 | -1.1 | -7.8 | +2.4 |
| 2013 | +1.3 | -16.5 | +0.0 | +4.5 | +7.2 | -6.8 | +1.4 | -8.6 | +1.6 | +1.5 | -1.5 | -3.1 |
| 2012 | +0.0 | +0.0 | +0.0 | -6.7 | -14.3 | +11.7 | +3.0 | +14.5 | +12.7 | -7.9 | -7.3 | +2.6 |
| Average | -1.1 | -4.6 | -7.3 | +2.0 | +0.6 | +1.5 | +6.7 | +2.0 | +6.8 | +0.5 | +0.2 | +4.7 |
| 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 | -0.4 | -2.6 | -1.0 | +1.2 | +2.3 | +1.4 | +4.0 | -1.2 | +1.6 | +1.1 | -0.8 | +2.7 |
| % up | 29% | 21% | 21% | 50% | 64% | 53% | 73% | 33% | 60% | 57% | 36% | 79% |
| Line | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | Rs 79.2B +2.9% | Rs 77.0B +4.2% | Rs 73.9B -6.7% | Rs 79.2B +17.0% | Rs 67.7B +19.3% | Rs 56.7B +4.6% | Rs 54.2B -1.5% | Rs 55.0B +3.9% |
| Operating profit | Rs 7.0B -9.3% | Rs 7.7B +102.6% | Rs 3.8B -67.4% | Rs 11.7B +9.0% | Rs 10.8B +49.2% | Rs 7.2B +67.3% | Rs 4.3B -11.7% | Rs 4.9B -9.3% |
| Net profit | Rs 3.7B -18.7% | Rs 4.6B +349.3% | Rs 1.0B -83.6% | Rs 6.2B -21.8% | Rs 8.0B +57.2% | Rs 5.1B +292.5% | Rs 1.3B -44.9% | Rs 2.3B -23.9% |
| EPS | 1.46 -21.5% | 1.86 +564.3% | 0.28 -88.6% | 2.45 -27.5% | 3.38 +52.9% | 2.21 +294.6% | 0.56 -43.4% | 0.99 -25.0% |
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 | BIL.N0000 | 4.90 | Rs 70.4B | - | 0.38 | -1.52 | -12.34% | 0.00% |
| 2 | SUN.N0000 | 28.80 | Rs 56.7B | 21.0 | 2.92 | 1.37 | 13.96% | 6.25% |
| 3 | SPEN.N0000 | 137.50 | Rs 55.8B | 7.2 | 0.61 | 19.00 | 8.50% | 2.91% |
| 4 | RICH.N0000 · this company | 25.30 | Rs 51.5B | 21.3 | 1.84 | 1.19 | 8.64% | 5.93% |
| 5 | GREG.N0000 | 35.60 | Rs 50.8B | 25.6 | 4.32 | 1.39 | 25.42% | 6.85% |
| 6 | CIC.N0000 | 27.80 | Rs 50.5B | 7.6 | 1.10 | 3.64 | 15.02% | 1.80% |
| 7 | BRWN.N0000 | 128.00 | Rs 27.2B | - | 0.24 | -73.95 | -13.85% | 0.00% |
| Peer median · 6 companies | - | - | 14.3 | 0.86 | - | - | 2.35% |
Richard Pieris and Company PLC is a diversified Sri Lankan group engaged in manufacturing, trading and services across retail, plantation, rubber, tyre retreading, plastics, furniture and financial services. Its activities include manufacturing household and industrial products, trading household, industrial, agricultural and transport products (including servicing), tyre retreading and estate management, and it operates a fully equipped motor vehicle repair yard with lubrication and servicing bays. The Group’s principal operating sectors include Retail (modern retail trade and large-format outlets), Plantation (tea, oil palm, rubber and other crops with estate operations and international certifications), Rubber and Tyre (manufacturing, product diversification, retreading and trading of branded products), Plastics and Furniture (mattresses, water tanks, PVC pipes, vinyl mats and related items) and Financial Services (finance company, life insurance, stock broking and margin trading). The Plantation sector includes Namunukula Plantations PLC, which manages estates across several districts in Sri Lanka. The company operates primarily in Sri Lanka with export activities for certain product lines (notably rubber) into regions including Europe, Asia Pacific and Latin America.
Quarterly net profit fell 34.6% despite 5.9% revenue growth. Richard Pieris carries high leverage and trades on a premium valuation.
Read the full report (Sep 1, 2026) →1 article in 30 days: 0 positive, 1 negative, 0 neutral.
Colombo bourse ended a two-session recovery as rising global oil prices hit sentiment: ASPI fell 0.09% to 21,066.89 and S&P SL20 fell 0.08% to 5,942.78. Turnover was over Rs 1.3bn, foreigners were net sellers of Rs 162.4m; top decliners were DIAL, CINS, RICH, CIC and DIST.
Deals in C T Holdings and Cargills pushed Colombo Stock Exchange turnover to over Rs.16.8 billion, a more-than-one-year high, while the ASPI fell 0.34% to 21,344.77. C T Holdings contributed Rs.11.58bn (10% stake traded) and rose to Rs.550.50; Cargills contributed Rs.4.2bn and closed at Rs.680.75.
The Colombo bourse closed the week higher with the ASPI up 1.18% (253.08 pts) and the S&P SL20 up 1.29% (77.56 pts). Market turnover was Rs.2.24bn on ~76m shares, foreign investors were net sellers of Rs.696m, with MELS, SAMP, DIAL, NTB and CTC among top positive contributors.
The Colombo stock market ended a four-session rally as the ASPI fell 0.07% to 21,402.80 and the S&P SL20 dipped 0.04% to 5,983.14; market turnover was over Rs.1.5bn and foreign investors were net sellers (net outflow Rs.356.2m).
Colombo market opened marginally lower: ASPI fell 0.04% to 21,121.78 with turnover over Rs.1.4bn and foreign net outflows of Rs.78.4mn. Selling in CARG, HHL, RICH, CARS and AEL weighed, while heavyweights MELS, CCS, HNB and ACL and crossings by HNW/institutions supported turnover; banks led activity (29%).
The Import Section of the Ceylon Chamber held its 91st AGM, reappointing Brandix's Ushan de Silva as chairman and naming Sankha Gammanpila (Hemas) vice-chair. The Section pledged to push trade facilitation, digital transformation (paperless trade/National Single Window) and address rising logistics costs.
Colombo bourse ended lower: ASPI fell 0.38% to 21,148.71 and S&P SL20 dropped 0.26% to 5,946.03. Market turnover was nearly Rs.1.1bn, foreign investors were net sellers of Rs.710,860, with SPEN, CINS, COMB, ACL and RICH among the decliners.
ASPI fell 0.29% to 21,145.73 while the S&P SL20 rose 0.03% to 5,945.01; turnover exceeded Rs.3.2bn with foreign net inflow of Rs.79.8mn and a Rs.2.3bn crossing in Cargills driving volume. Negative contributors included CINS, COMB, RICH, CARS and HARI; Melstacorp, NTB and HNB were also active.
ASPI fell 0.92% (197.31 pts) to 21,208.10, its lowest in over three months, with 193 counters down and market turnover at around Rs.2.6bn. DIAL, COMB, RICH, JKH and CARS were the major contributors to the decline.
The ASPI fell 1.07% (233.18 points) to 21,532.38 as investors sold amid renewed Middle East conflict concerns. Market turnover was over Rs 1bn, foreign investors were net sellers of about Rs 56mn, with banks and food & beverage sectors leading activity.