RIL Property Plc

RIL.N0000Undervalued

Property & Construction · Real Estate Development

R I L Property PLC is a commercial real estate company focused on the development, ownership and management of Grade “A” office space in Colombo’s Central Business District, led by its flagship property, PARKLAND.

RIL shares are down 36.7% over the past year and last closed at Rs 22.10 on Sep 30, 2026.

Rs 22.10
+0.45%
Price history
-36.68%

Monthly seasonality

Monthly total returns by year and calendar month
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026+9.6-7.4-22.6+9.1-5.1+8.4-16.2+2.1-7.0+0.0+0.0+0.0
2025+25.0-3.1-1.3+3.9+32.7+1.9+40.5-4.0+27.2-7.6+3.8-9.0
2024-2.0+6.0+18.9+19.0+2.7+3.9-10.0-9.7+18.5+2.6+25.3+29.3
2023-1.7-5.3+0.0-3.7-7.7+8.3+28.8-1.5-3.0-12.5-8.9+0.0
2022-2.8-25.9-35.9-18.2+31.5-15.5+1.7+29.5-11.4-11.4-4.8-1.7
2021-8.1-13.9-7.4-1.6+8.1+3.0+26.1-13.8+13.3+2.4+60.9+2.1
2020-6.7-5.4-28.3+0.0+0.0-4.3+0.0-2.2+43.2+20.6+18.4-4.4
2019-7.2+1.6-1.5-3.1+0.0-3.2+5.0+0.0-4.8+0.0-1.7+1.7
2018-2.7+4.2-2.7+2.7+2.7-5.2+1.4-2.7-1.4-1.4+0.0-1.4
2017+0.0+0.0+0.0+0.0+0.0+0.0-4.8-1.2-2.5-3.9-1.4+1.4
Average+0.4-5.5-9.0+1.0+8.1-0.3+7.2-0.4+7.2-1.2+10.2+2.0
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-2.7-5.3-2.7+0.6+2.7+0.9+1.5-1.9-2.0-1.4+0.0+0.0
% up22%33%11%50%63%50%60%20%40%33%44%44%
P/E
3.4
P/B
0.69
EPS
Rs 6.50
Div Yield
4.52%
Market Cap
Rs 17.7B
Beta
1.55
ROE
20.2%
Op Margin
12.8% (+2.9pp)

Fundamentals

LineFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Revenue
Rs 55.8B
+279.2%
Rs 14.7B
+2.6%
Rs 14.4B
+11.3%
Rs 12.9B
-10.8%
Rs 14.4B
-0.3%
Rs 14.5B
+29.0%
Rs 11.2B
-19.5%
Rs 14.0B
+211.5%
Operating profit
Rs 9.3B
+303.2%
Rs 2.3B
-3.3%
Rs 2.4B
+27.1%
Rs 1.9B
+7.1%
Rs 1.8B
+37.4%
Rs 1.3B
+0.6%
Rs 1.3B
-37.9%
Rs 2.0B
-18.0%
Net profit
Rs 7.6B
+399.8%
Rs 1.5B
+107.9%
Rs 732.6M
turned profitable
Rs -770.1M
fell into loss
Rs 796.3M
-9.5%
Rs 879.7M
+126.5%
Rs 388.5M
-65.3%
Rs 1.1B
-70.1%
EPS
6.10
+246.6%
1.76
+69.2%
1.04
-0.73
0.86
-20.4%
1.08
+46.0%
0.74
-35.7%
1.15
-81.2%

Compared with the same period a year earlier.

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

Recent dividends

  • 2026 · first and finalRs 1.00
  • 2025 · first and finalRs 0.55
  • 2024 · first and finalRs 0.20
  • 2022 · first and finalRs 0.20
  • 2021 · finalRs 0.15
  • 2021 · first interimRs 0.10
  • 2019 · first and finalRs 0.15
  • 2018Rs 0.10
Peer comparison6 peers in Property & Construction
Rs 51.70
P/E
7.6
P/B
0.95
ROE
12.47%
Yield
3.38%
RIL.N0000 · this company
Rs 22.10
P/E
3.4
P/B
0.69
ROE
20.17%
Yield
4.52%
Rs 51.00
P/E
9.6
P/B
0.99
ROE
7.58%
Yield
0.00%
Rs 70.10
P/E
15.8
P/B
2.85
ROE
7.25%
Yield
0.00%
P/E
51.1
P/B
1.09
ROE
2.15%
Yield
0.00%
SHAW.N0000
Rs 285.25
P/E
10.5
P/B
0.95
ROE
10.26%
Yield
0.70%
Rs 43.40
P/E
3.2
P/B
0.85
ROE
26.23%
Yield
5.53%
Peer median · 6 companies
P/E 10.0P/B 0.97Yield 0.35%

About RIL Property Plc

R I L Property PLC is a commercial real estate company focused on the development, ownership and management of Grade “A” office space in Colombo’s Central Business District, led by its flagship property, PARKLAND. Its developments incorporate energy-efficiency and sustainability features and the Company offers integrated real estate and facilities management solutions across company-owned and third-party properties through its wholly owned subsidiaries PARKLAND Integrated Solutions (Pvt) Ltd and PARKLAND Solutions (Pvt) Ltd. The Group includes subsidiaries across complementary sectors, with United Motors Lanka PLC operating as the automotive arm distributing Mitsubishi passenger and Fuso commercial vehicles and expanding into electric and hybrid vehicle offerings, and Panasian Power PLC developing and operating renewable energy projects, including utility-scale solar capacity. The Group also holds strategic investments such as R-E-D Capital Asia (Pvt) Ltd. Operations are concentrated in Sri Lanka with a core focus on Colombo, and the Company is positioning its business toward technology-enabled, service-led and sustainability-driven offerings, including co-working and enhanced facilities management services to address evolving tenant requirements.

AI analysis

bullish

RIL’s June quarter delivered its best same-quarter operating margin in six filings at 12.8%, while cash conversion remains weak.

Read the full report (Aug 16, 2026) →

News sentiment

Describes news flow, not a forecast
Last 30 days
Not enough news to read

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

24 months positive negative 3-month net
Jan 25: 3 articles, net +0.14May 25: 2 articles, net +0.50Jul 25: 1 articles, net +1.00Aug 25: 1 articles, net +1.00Sep 25: 2 articles, net +0.17Jan 26: 1 articles, net +1.00May 26: 1 articles, net -1.00Jun 26: 2 articles, net +1.00Jul 26: 2 articles, net -0.17Aug 26: 2 articles, net +0.67Sep 26: 2 articles, net -1.00Oct 24Feb 25Jun 25Oct 25Feb 26Jun 26
EconomyNext·Sep 18, 2026·Market commentaryNegative
Sri Lanka stocks open higher on Friday morning

Colombo stocks opened higher with the ASPI up 0.12% (25.16 pts) to 21,048.59 and the S&P SL20 up 0.20% to 5,936.69; market turnover was LKR 139.24m. Top contributors included Haycarb, Melstacorp, Hayleys, Commercial Bank and HNB while Access Engineering, Vallibel One, DFCC Bank and RIL Property lagged; WindForce said it will commission a 10MW/40MWh BESS and a 5MW floating solar plant on Sept 18, 2026, taking its renewables capacity to about 268 MW.

Renewable Energy
Daily FT·Sep 18, 2026·Market commentaryNegative
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
Daily FT·Sep 17, 2026·Market commentaryNegative
CSE ends down 0.61% to six-week low

Colombo market slipped 0.61% to a six-week low as the ASPI closed at 21,133.41 amid rising oil prices and fears of an interest-rate hike; 172 counters fell, turnover was over Rs.1.6bn and foreign investors were net sellers of Rs.8m.

Fuel & Energy PricesInterest Rates
EconomyNext·Sep 17, 2026·Market commentaryPositive
Sri Lanka stocks edge up; DFCC debenture issue over-subscribed

DFCC Bank's 2026/2031 Tier-2 debenture issue was oversubscribed with 117 applications for 147,682,500 debentures valued at 14.768 billion rupees, above the 12.50 billion rupee target. Colombo indices were modestly higher (ASPI +0.14% at 21,162.87; S&P SL20 +0.05% at 5,950.18) with turnover of 43.57 million rupees.

EconomyNext·Sep 16, 2026·Market commentaryNegative
Stocks down on Wednesday closing, food and beverage leads turnover

Colombo Stock Exchange closed down as the ASPI fell 0.58% to 21,139.31, with market turnover at 1.63 billion rupees. Food, Beverage & Tobacco led turnover at 782.3 million rupees; notable movers included Namunukula, Pan Asia Bank and Ceylon Cold Stores (up) and John Keells, Melstacorp, RIL Property and Cargills (down); Hunas Holdings entered a partnership with Tokyo-based CCH Inc for its real estate and hospitality businesses effective Sept 14.

Consumer Staples (FMCG)
EconomyNext·Sep 14, 2026·Market commentaryPositive
Sri Lanka stocks recover after morning dip

Colombo Stock Exchange recovered after a morning dip, with the ASPI at 21,379.02 (up 3.72 points) and the S&P SL20 at 6,005.49. Market turnover was 42.1 million rupees; notable movers included gains for Commercial Bank, Hatton National Bank and RIL Property, and declines for LOLC Holdings, Hayleys and Dialog Axiata.

EconomyNext·Sep 11, 2026·Market commentaryPositive
Sri Lanka stocks trade down on Friday, Melstacorp and Sampath Bank drag

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).

EconomyNext·Sep 10, 2026·Market commentaryNegative
Sri Lanka stocks close lower on Thursday, banking leads turnover

Colombo Stock Exchange closed lower, the ASPI fell 0.44% (−93.55 points) to 21,372.45 with market turnover at LKR 1.45 billion and banks leading turnover at LKR 600.63 million. Senthilverl Holdings bought 750,000 shares of Sarvodaya Development Finance, raising its stake to 10.28% (SDF shares LKR 39.60, down 3.41%).

EconomyNext·Sep 9, 2026·Market commentaryPositive
Sri Lanka stocks marginally higher at midday

Colombo Stock Exchange was marginally higher at midday: ASPI +0.08% (up 17.12 pts) to 21,559.35 and S&P SL20 +0.02% to 6,055.99. Market turnover was Rs125.6m led by retailing; Lake House (LPRT) announced a Rs4.00/share final dividend and its shares rose 5.68%.

Daily FT·Sep 5, 2026·Market commentaryPositive
CSE gains 1.42% during week

Colombo Stock Exchange's ASPI rose 1.42% (304.53 pts) over the week while the S&P SL20 gained 0.89% (53.58 pts), with intraday strength led by DIAL, HAYL, RIL, CCS and DOCK. Market turnover exceeded Rs.2.6bn and foreign investors were net sellers of Rs.66.9m.

Consumer Staples (FMCG)

Property & Construction sector: what is happening

Last 14 days to Sep 30, 2026

Property and construction faced a mixed policy backdrop: the proposed property tax was deferred from the 2027 Budget, while TIN certification becomes mandatory from 1 November for building-plan approvals and land registration, adding a compliance step to transactions. Public construction activity progressed through the Muthurajawela fuel-terminal contract and planned hospital infrastructure projects. Construction services exports fell in August.

Auto-generated from 12 sector news articles over 14 days. Not investment advice.