CSE filing·Sep 24, 2026
RECONSTITUTION OF THE BOARD SUB COMMITTEESBanks & Finance · Finance/Rental/Leasing
Sarvodaya Development Finance PLC is a publicly listed non-bank financial institution in Sri Lanka that provides purpose-driven development finance to micro, small and medium enterprises (MSMEs), rural entrepreneurs and underserved communities, pairing commercial discipline with the Sarvodaya Movement's community-development heritage.
SDF shares are up 18.8% over the past year and last closed at Rs 37.90 on Sep 30, 2026.
Rs 37.90
-0.26%Price history
+18.81%
Monthly seasonality
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +2.4 | -1.4 | -15.9 | +16.1 | -0.5 | -0.5 | +0.0 | -10.0 | +5.3 | +0.0 | +0.0 | +0.0 |
| 2025 | +9.0 | -7.8 | +4.2 | +11.7 | +13.6 | +30.8 | +3.1 | +0.9 | -7.6 | +60.8 | -7.1 | -12.6 |
| 2024 | +5.6 | -6.1 | +5.6 | +7.6 | -0.7 | -1.4 | -7.2 | +3.9 | +8.3 | +11.1 | -3.1 | +21.3 |
| 2023 | +11.1 | -3.3 | -5.2 | +0.0 | -3.6 | +11.3 | +5.1 | -0.8 | +3.3 | -7.9 | +11.1 | -3.8 |
| 2022 | -2.6 | -13.2 | -8.5 | -12.6 | -7.6 | -13.9 | +12.4 | -2.5 | +0.9 | -5.2 | +0.0 | -1.8 |
| 2021 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 |
| Average | +5.1 | -6.4 | -3.9 | +4.6 | +0.2 | +5.3 | +2.7 | -1.7 | +2.0 | +14.7 | +0.2 | +0.8 |
| 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 | +5.6 | -6.1 | -5.2 | +7.6 | -0.7 | -0.5 | +3.1 | -0.8 | +3.3 | +3.0 | -1.6 | -2.8 |
| % up | 80% | 0% | 40% | 60% | 20% | 40% | 60% | 40% | 80% | 50% | 25% | 25% |
P/E
6.9
P/B
1.23
EPS
Rs 5.48
Div Yield
5.28%
Market Cap
Rs 5.7B
Beta
1.42
ROE
19.3%
Op Margin
40.8% (+4.8pp)
Fundamentals
| Line | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|
| Total income | Rs 4.2B +40.8% | Rs 3.0B +47.2% | Rs 2.0B +45.7% | Rs 1.4B +0.6% | Rs 1.4B |
| Operating profit | Rs 1.8B +59.9% | Rs 1.1B +92.7% | Rs 591.2M +32.5% | Rs 446.1M +18.9% | Rs 375.3M |
| Net profit | Rs 820.1M +73.1% | Rs 473.8M +89.8% | Rs 249.6M +12.6% | Rs 221.6M +2.9% | Rs 215.5M |
| EPS | 5.48 +72.9% | 3.17 +89.8% | 1.67 +12.8% | 1.48 -20.4% | 1.86 |
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
- 2026 · finalRs 1.00
- 2026 · first interimRs 1.00
- 2025 · finalRs 1.25
- 2024 · finalRs 0.65
- 2023 · finalRs 0.75
- 2022 · finalRs 0.50
- 2022 · first interimRs 0.50
Peer comparison5 peers in Banks & Finance
| # | Company | Price | Mkt cap | P/E | P/B | EPS | ROE | Div Yield |
|---|---|---|---|---|---|---|---|---|
| 1 | AAF.N0000 | 46.00 | Rs 10.2B | 5.0 | 1.53 | 9.16 | 24.73% | 1.10% |
| 2 | SDF.N0000 · this company | 37.90 | Rs 5.7B | 6.9 | 1.23 | 5.48 | 19.32% | 5.28% |
| 3 | MBSL.N0000 | 9.90 | Rs 5.2B | - | 1.25 | -0.19 | 3.48% | 0.00% |
| 4 | LCBF.N0000 | 5.80 | Rs 4.6B | 16.1 | 1.33 | 0.36 | 8.34% | 2.54% |
| 5 | PMB.N0000 | 9.00 | Rs 3.6B | 9.9 | 1.05 | 0.91 | 10.81% | 0.00% |
| 6 | CRL.N0000 | 3.60 | Rs 3.5B | 60.6 | 1.16 | 0.06 | 4.88% | 0.00% |
| Peer median · 5 companies | - | - | 13.0 | 1.25 | - | - | 0.00% |
AAF.N0000
Rs 46.00
P/E
5.0
P/B
1.53
ROE
24.73%
Yield
1.10%
SDF.N0000 · this company
Rs 37.90
P/E
6.9
P/B
1.23
ROE
19.32%
Yield
5.28%
MBSL.N0000
Rs 9.90
P/E
-
P/B
1.25
ROE
3.48%
Yield
0.00%
LCBF.N0000
Rs 5.80
P/E
16.1
P/B
1.33
ROE
8.34%
Yield
2.54%
PMB.N0000
Rs 9.00
P/E
9.9
P/B
1.05
ROE
10.81%
Yield
0.00%
CRL.N0000
Rs 3.60
P/E
60.6
P/B
1.16
ROE
4.88%
Yield
0.00%
Peer median · 5 companies
P/E 13.0P/B 1.25Yield 0.00%
About Sarvodaya Development Finance PLC
Sarvodaya Development Finance PLC is a publicly listed non-bank financial institution in Sri Lanka that provides purpose-driven development finance to micro, small and medium enterprises (MSMEs), rural entrepreneurs and underserved communities, pairing commercial discipline with the Sarvodaya Movement's community-development heritage. The Company operates as a licensed finance company and a registered finance leasing establishment and channels finance and support services through a deliberately decentralised branch network and the Sarvodaya Shramadana Societies. SDF's core lending focus is agriculture, offering targeted financial solutions and complementary advisory services to strengthen agri-businesses, modernise practices and improve rural livelihoods; its lending portfolio also includes microfinance, SME loans, leasing, housing loans, gold loans and society bulk loans. The Company provides value-added services such as technical training, financial literacy programmes and market development initiatives alongside its credit products to build MSME capacity and expand market access. Operating nationwide, SDF maintains a decentralised branch network and places emphasis on sustainable and responsible finance, embedding ESG considerations into credit appraisal and pursuing impact-focused funding and sustainable finance initiatives in partnership with the Sarvodaya Movement and other stakeholders.
AI analysis
bullishEvidence points bullish: June-quarter profit rose 57.3% and margins reached their best June record. The main counterweight is liabilities at 7.45 times equity.
Read the full report (Sep 24, 2026) →News sentiment
Describes news flow, not a forecastLast 30 days
More negative than usual for this company
its own lowits own high
Higher than 0% of its last 7 months · 12 of 26 in its sector
4 articles in 30 days: 2 positive, 0 negative, 2 neutral.
24 months positive negative 3-month net
Recent news
Daily FT·Sep 22, 2026·Award or certificationPositive
SDF ranks No. 1 Category 3 listed finance company in Sri LankaSarvodaya Development Finance PLC (SDF) was ranked No.1 among Category 3 listed finance companies for Q1 2026/27 by K Seeds Investments, reporting revenue of Rs.1.92 billion (+44.4% YoY) and profit of Rs.201.44 million (+57.3% YoY) with assets of ~Rs.38.8 billion.
Ada Derana·Sep 21, 2026·Award or certificationPositive
Sarvodaya Development Finance Ranked 1st in Category 3 in Sri Lanka's Listed Finance Company RankingSarvodaya Development Finance (SDF.N0000) was ranked 1st in Category 3 by K Seeds Investments for Q1 2026/27, reporting revenue of Rs.1.92bn (+44.4% YoY) and profit of Rs.201.44m (+57.3% YoY); assets ~Rs.38.8bn, ROE 4.45%.
Daily FT·Sep 11, 2026·M&A / stake change
Senthilverl Holdings' stake in Sarvodaya Development Finance crosses 10%Senthilverl Holdings bought 750,000 voting shares in Sarvodaya Development Finance on 9 September 2026 at Rs.39.70-41.00, raising its holding from 9.78% (14,633,597 shares) to 10.28% (15,383,597 shares) of the company's 149,596,052 issued shares.
EconomyNext·Sep 10, 2026·Market commentary
Sri Lanka stocks close lower on Thursday, banking leads turnoverColombo 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%).
CSE filing·Sep 10, 2026Positive
Disclosure under Section 36 of the Take-Overs and Mergers Code of Sri Lanka 1995 (as amended in 2003) Rules: Exceeding 10% Threshold in Sarvodaya Development Finance PLCEconomyNext·Sep 9, 2026·Market commentaryPositive
Stocks close down on Wednesday, capital goods lead turnoverColombo Stock Exchange closed down as the ASPI fell 0.25% (down 53.01 pts) to 21,489.22 on Wednesday, with market turnover at LKR 972.23 mn and capital goods leading turnover at LKR 283.19 mn. HNB Finance appointed four new independent/non-executive directors effective Sept 8, 2026; its shares closed down 1.20% at 8.20 rupees.
Daily FT·Sep 7, 2026·Award or certificationPositive
Sarvodaya Development Finance strengthens employee leadership through international learning journey in ThailandSarvodaya Development Finance PLC sent a group of top-performing employees on an international learning and development program in Thailand to strengthen leadership capabilities and recognise high performers. The initiative aims to broaden perspectives and translate learning into improved service and community engagement.
Daily FT·Sep 2, 2026·Market commentaryPositive
Bond market yields continue to decrease on key tenors; activity robustSecondary government bond yields fell across key tenors while buying interest remained strong; a Treasury Bill auction today will offer Rs.80 billion (Rs.35bn 91-day, Rs.25bn 182-day, Rs.20bn 364-day). Money-market liquidity stayed in a Rs.138.76bn surplus and the Central Bank conducted repos to absorb liquidity.
Interest Rates
Ada Derana·Sep 1, 2026·Promotional / marketingPositive
Sarvodaya Development Finance Strengthens Employee Leadership through International Learning Journey in ThailandSarvodaya Development Finance PLC (SDF) sent a group of top-performing employees on an international learning and development programme in Thailand to strengthen leadership capabilities and support the firm's community-focused objectives.
Banks & Finance sector: what is happening
Last 14 days to Sep 30, 2026With policy held at 8.75% amid 8.0% inflation, and Treasury and secondary bond yields rising during the window, banks face continued pressure to reprice deposits and loans while government-securities portfolios remain sensitive to yield moves. The rupee weakened and foreign investors sold rupee bonds for a second week. From 1 November, TIN verification will be required for bank accounts and credit cards, adding onboarding compliance.
The stories behind it
Auto-generated from 45 sector news articles over 14 days. Not investment advice.