Raigam Wayamba Salterns Plc

RWSL.N0000Fairly valued

Consumer & Retail · Food: Major Diversified

Raigam Wayamba Salterns PLC is a Sri Lanka-based salt producer and processor that manufactures, refines and packages sea salt for multiple market segments.

RWSL shares are down 34.9% over the past year and last closed at Rs 17.90 on Sep 30, 2026.

Rs 17.90
+0.00%
Price history
-34.91%

Monthly seasonality

Monthly total returns by year and calendar month
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026-11.5-1.7-14.5+9.2-3.8+0.0-10.7+3.8-6.3+0.0+0.0+0.0
2025+16.2-7.0+6.3+10.6+22.3+4.3+12.5+79.3+12.4+13.6-12.0-3.7
2024-6.3+0.0+13.3+11.8-3.9-4.1-5.7-4.5+11.1-2.9-1.5+10.4
2023-1.7+3.5+18.6-1.4+8.7-2.7+6.8+1.3-3.8-13.2-6.1+3.2
2022+2.5-13.3-37.5-17.8+13.5-9.5+13.2+44.2+14.5-21.1+16.1-10.8
2021-1.5-18.2+1.9+9.1+5.0-6.3+13.6+7.5+2.8+13.5+0.0-3.6
2020-3.7-3.8-28.0+0.0+0.0+20.8-3.4+3.6+41.4+68.3-1.4-1.5
2019+5.0-9.5+0.0+5.3-5.0+10.5+4.8-9.1+10.0+18.2+7.7-3.6
2018+4.5+8.7-4.0-4.2+0.0-4.3+4.5-8.7-4.8+0.0+0.0+0.0
2017+0.0+0.0+0.0+5.0+14.3+4.2+24.0-19.4-4.0+4.2-4.0-8.3
2016-14.8-4.3-9.1+25.0-8.0-8.7+9.5-8.7-4.8-5.0+10.5-4.8
2015-3.2-3.3-10.3+7.7-3.6+3.7+3.6-3.4-7.1+3.8-3.7+3.8
2014+4.5-4.3+0.0+4.5+4.3-4.2+8.7+8.0+7.4+6.9-6.5+6.9
2013+4.0-7.7-8.3+13.6+4.0-7.7-4.2-4.3+4.5+0.0-4.3+0.0
2012+0.0+0.0+0.0-6.5-17.2+8.3-3.8+16.0+3.4-6.7-14.3+4.2
Average-0.4-4.4-5.1+5.1+2.2+0.3+4.9+7.0+5.1+5.7-1.4-0.5
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-0.7-4.1-2.0+6.5+2.0-2.7+4.8+1.3+3.4+1.9-2.6-0.7
% up43%14%29%71%50%40%67%53%60%50%21%36%
P/E
17.7
P/B
1.51
EPS
Rs 1.01
Div Yield
2.79%
Market Cap
Rs 5.1B
Beta
1.76
ROE
8.5%
Op Margin
12.8% (-17.0pp)

Fundamentals

LineFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Revenue
Rs 3.0B
+16.8%
Rs 2.5B
+41.5%
Rs 1.8B
-15.0%
Rs 2.1B
+84.8%
Rs 1.1B
+19.5%
Rs 959.7M
+26.8%
Rs 757.0M
+1.7%
Rs 744.2M
-6.0%
Operating profit
Rs 468.8M
+29.4%
Rs 362.2M
+49.7%
Rs 241.9M
-50.1%
Rs 484.4M
+93.4%
Rs 250.5M
+58.9%
Rs 157.6M
+43.6%
Rs 109.8M
-0.5%
Rs 110.3M
-29.4%
Net profit
Rs 433.2M
+21.1%
Rs 357.9M
+36.0%
Rs 263.1M
-42.9%
Rs 461.0M
+113.8%
Rs 215.6M
+44.0%
Rs 149.8M
+30.7%
Rs 114.6M
+10.4%
Rs 103.9M
-29.9%
EPS
1.53
+20.5%
1.27
+36.6%
0.93
-42.9%
1.63
+114.5%
0.76
+43.4%
0.53
+43.2%
0.37
+0.0%
0.37
-30.2%

Compared with the same period a year earlier.

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

Recent dividends

  • 2026 · finalRs 0.25
  • 2025 · finalRs 0.25
  • 2024 · finalRs 0.15
  • 2023 · finalRs 0.20
  • 2022 · finalRs 0.15
  • 2021 · finalRs 0.10
  • 2020 · finalRs 0.10
  • 2019 · finalRs 0.05
Peer comparison6 peers in Consumer & Retail
Rs 5,010.00
P/E
27.5
P/B
4.69
ROE
17.05%
Yield
1.46%
COCO.N0000
Rs 22.20
P/E
13.7
P/B
1.24
ROE
8.73%
Yield
0.85%
Rs 1,952.00
P/E
7.4
P/B
1.30
ROE
17.56%
Yield
0.41%
RWSL.N0000 · this company
Rs 17.90
P/E
17.7
P/B
1.51
ROE
8.50%
Yield
2.79%
Rs 161.25
P/E
17.2
P/B
1.93
ROE
11.26%
Yield
2.91%
Rs 14.70
P/E
54.4
P/B
4.50
ROE
8.55%
Yield
1.33%
TESS.N0000
Rs 1.80
P/E
34.2
P/B
2.69
ROE
5.81%
Yield
0.00%
Peer median · 6 companies
P/E 22.3P/B 2.31Yield 1.09%

About Raigam Wayamba Salterns Plc

Raigam Wayamba Salterns PLC is a Sri Lanka-based salt producer and processor that manufactures, refines and packages sea salt for multiple market segments. The company operates developed salterns and a state-of-the-art salt refinery with automated packing capability, and conducts R&D into processing methods to produce fine powdered salt and Pure Vacuum Dried (PVD) salt for applications requiring extra purity. Its operations cover sun-dried sea-salt harvesting, refinement and value-added processing, including efforts to optimize natural evaporation methods, implement PVD technology and improve process automation and efficiency. The company supplies industrial and consumer salt products and supports distribution through a network of distributors and customer relationships across Sri Lanka, while pursuing capacity expansion through new saltern developments. Key product brands cited include Isi, Premium, Ruchi and PVD, and the company highlights investments in manufacturing, quality certifications and R&D to support product quality and productivity.

AI analysis

neutral

June-quarter revenue fell 50.4% year on year, reversing the prior growth narrative. Low leverage and an annual profit increase provide a counterweight, but the earnings setback leaves the evidence balanced.

Read the full report (Sep 3, 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
Aug 25: 2 articles, net +1.00Aug 26: 3 articles, net +0.33Sep 24Jan 25May 25Sep 25Jan 26May 26
Recent news
View all news →
EconomyNext·Aug 28, 2026·Market commentaryPositive
Sri Lanka stocks close higher with ASPI up 0.20-pct

Colombo Stock Exchange closed higher on Friday with the ASPI up 0.20% to 21,322.86 and the S&P SL20 up 0.34% to 6,015.18, on turnover of 2.2 billion rupees. Top contributors were Cargills, Hayleys, NTB, Haycarb and Commercial Bank; Sampath led declines; Raigam Wayamba Salterns and Mahaweli Coconut Plantations announced dividends.

Daily FT·Aug 29, 2025·Market commentaryPositive
Colombo stock market overcomes volatility to close on the up

Colombo market closed marginally up as the ASPI rose 0.2% (47 points) on turnover of Rs.7.46 bn while the S&P SL20 fell 0.2%. Dialog, Ambeon, Bukit Darah, Carson Cumberbatch and LOLC led gains, with EB Creasy, Sierra Cables, LVL Energy Fund and Raigam Wayamba also active and recording price gains.

CSE filing·Aug 28, 2025Positive
FINAL DIVIDEND FOR THE YEAR ENDED 31ST MARCH 2025

Dividend · Rs 0.25 · XD Oct 1, 2025

Final dividend of LKR 0.25/share; XD 2025-10-01; record 2025-10-01; payable 2025-10-22; FY 31st March 2025

Consumer Staples (FMCG)
Daily FT·Aug 27, 2025·Market commentaryPositive
Colombo stock market rebounds

Colombo market rebounded as the ASPI rose 38 points (+0.2%) and S&P SL20 gained 6 points (+0.1%), with turnover up to Rs.5.1 billion led by Teejay Lanka, Sierra Cables and Sampath Bank. Construction and banking stocks led gains; DFCC, SAMP and DIAL were top index movers and foreigners net bought Rs.56.1m.

Daily FT·Apr 25, 2025·Market commentary
Colombo stock market rebounds

The ASPI gained 72 points (+0.5%) to 15,616 as the Colombo market bounced back, led by the capital goods sector. Turnover was about Rs.1.5 billion with net foreign inflows of Rs.35.2m; notable movers included Hemas, John Keells, Browns, Alumex and DFCC.

Consumer & Retail sector: what is happening

Last 14 days to Sep 30, 2026

Consumer retail faced pressure from accelerating food, transport and housing inflation, with petrol a major contributor to the rise in national prices and purchasing power weakened by higher energy costs and tax hikes. Wholesale and retail activity nevertheless helped drive faster services-sector expansion in August. Specialist retail also consolidated as Blink International acquired Wrist Lab, combining retail, distribution and after-sales networks.

Auto-generated from 8 sector news articles over 14 days. Not investment advice.