Colombo Stock Exchange closed flat as the ASPI slipped 0.02% to 20,812.93 with market turnover at Rs1.55bn; the S&P SL20 rose 0.27% to 5,912.50. Top gainers included Lion Brewery, LOLC Finance, Hemas Holdings and SMB Finance, while Dialog Axiata, Commercial Bank, Carson Cumberbatch and Bukit Darah were top losers.
Banks & Finance · Finance/Rental/Leasing
SMB Leasing PLC is a Colombo Stock Exchange‑listed specialised leasing company that operates only in Sri Lanka. The company is primarily engaged in providing finance leases, loan facilities and pawning (gold loans).
SEMB shares are up 37.5% over the past year and last closed at Rs 1.10 on Sep 30, 2026.
Monthly seasonality
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +12.5 | +0.0 | -11.1 | +12.5 | +11.1 | +0.0 | +0.0 | +0.0 | +10.0 | +0.0 | +0.0 | +0.0 |
| 2025 | -12.5 | -14.3 | +16.7 | +0.0 | +0.0 | +0.0 | +14.3 | +0.0 | +0.0 | +25.0 | -20.0 | +0.0 |
| 2024 | -14.3 | +0.0 | +16.7 | +14.3 | -12.5 | +0.0 | -28.6 | +0.0 | +20.0 | +33.3 | -12.5 | +14.3 |
| 2023 | +0.0 | -11.1 | +0.0 | -12.5 | +0.0 | +0.0 | +14.3 | +0.0 | -12.5 | +0.0 | -14.3 | +16.7 |
| 2022 | -17.4 | -15.8 | -62.5 | +0.0 | +16.7 | -28.6 | +20.0 | +33.3 | +37.5 | -18.2 | +11.1 | -10.0 |
| 2021 | +85.7 | -53.8 | -16.7 | -20.0 | +11.6 | +25.0 | +0.0 | +0.0 | +60.0 | +0.0 | +0.0 | +187.5 |
| 2020 | +0.0 | -20.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +25.0 | +20.0 | -16.7 | +0.0 | +40.0 |
| 2019 | +0.0 | +0.0 | -20.0 | +0.0 | +0.0 | +0.0 | +25.0 | +0.0 | +0.0 | +20.0 | +0.0 | -16.7 |
| 2018 | -14.3 | +0.0 | +0.0 | +0.0 | +0.0 | -16.7 | +0.0 | +0.0 | -20.0 | +25.0 | +0.0 | +0.0 |
| 2017 | -16.7 | +20.0 | +0.0 | +16.7 | +0.0 | +14.3 | +0.0 | -12.5 | +14.3 | -12.5 | -14.3 | +16.7 |
| 2016 | +0.0 | -22.2 | +0.0 | +14.3 | +0.0 | -25.0 | +33.3 | +0.0 | +0.0 | +0.0 | -25.0 | +0.0 |
| 2015 | -7.1 | +0.0 | -23.1 | +20.0 | +0.0 | -8.3 | +9.1 | +0.0 | -8.3 | -9.1 | +0.0 | -10.0 |
| 2014 | +87.5 | -20.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +25.0 | -6.7 | +14.3 | -12.5 | +0.0 |
| 2013 | -10.0 | -11.1 | +12.5 | +11.1 | -10.0 | -11.1 | -12.5 | +0.0 | +14.3 | +0.0 | +0.0 | +0.0 |
| 2012 | +0.0 | +0.0 | +0.0 | +0.0 | -15.4 | -9.1 | -10.0 | +22.2 | +0.0 | -9.1 | -10.0 | +11.1 |
| Average | +6.7 | -10.6 | -6.3 | +4.0 | +0.1 | -4.0 | +4.3 | +6.2 | +8.6 | +3.7 | -7.0 | +17.8 |
| 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 | -3.6 | -11.1 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | -5.0 | +0.0 |
| % up | 21% | 7% | 21% | 43% | 21% | 13% | 40% | 27% | 47% | 36% | 7% | 43% |
Fundamentals
| Line | FY2025 |
|---|---|
| Total income | Rs 578.8M |
| Operating profit | Rs 286.0M |
| Net profit | Rs 159.9M |
| EPS | 0.02 |
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
- 2016Rs 0.02
| # | Company | Price | Mkt cap | P/E | P/B | EPS | ROE | Div Yield |
|---|---|---|---|---|---|---|---|---|
| 1 | CALF.N0000 | 120.75 | Rs 14.2B | 49.9 | 4.87 | 2.42 | 9.76% | 0.00% |
| 2 | SFIN.N0000 | 46.40 | Rs 12.9B | 7.6 | 1.31 | 6.07 | 17.69% | 2.16% |
| 3 | MERC.N0000 | 20.20 | Rs 12.8B | 8.9 | 0.74 | 2.26 | 7.83% | 0.82% |
| 4 | ALLI.N0000 | 303.50 | Rs 10.2B | 4.6 | 0.87 | 65.87 | 19.54% | 3.29% |
| 5 | SEMB.N0000 · this company | 1.10 | Rs 8.0B | 55.0 | 2.70 | 0.02 | 4.20% | 0.00% |
| 6 | UBF.N0000 | 2.00 | Rs 6.4B | 57.1 | 1.96 | 0.04 | 3.47% | 0.00% |
| 7 | AFSL.N0000 | 83.20 | Rs 6.1B | 7.2 | 1.43 | 11.63 | 20.63% | 3.27% |
| 8 | BFN.N0000 | 27.80 | Rs 5.9B | 13.5 | 1.43 | 2.05 | 1.79% | 0.00% |
| Peer median · 7 companies | - | - | 8.9 | 1.43 | - | - | 0.82% |
About SMB Finance PLC
SMB Leasing PLC is a Colombo Stock Exchange‑listed specialised leasing company that operates only in Sri Lanka. The company is primarily engaged in providing finance leases, loan facilities and pawning (gold loans). Its main business lines comprise asset-backed leasing, secured lending and a pawning business; leasing is the Company’s core portfolio while pawning has been a focus area for expansion. The Company has moved away from unsecured lending products and emphasises collateralised loans and recovery processes to maintain portfolio quality. The Head Office is located in Colombo and the business serves customers across Sri Lanka, with a particularly large customer base in the Western Province.
AI analysis
bearishThe evidence points bearish: SMB Finance fell into a quarterly loss while its voting shares trade at 55 times trailing earnings. Revenue growth is the main counterpoint, but was only 2.5%.
Read the full report (Sep 30, 2026) →News sentiment
Describes news flow, not a forecast4 articles in 30 days: 1 positive, 3 negative, 0 neutral.
The Colombo bourse fell to a six-month low as the ASPI closed down 0.44% at 20,943.79 and turnover hit a year low of Rs. 596 million; foreign investors were net buyers of Rs. 7.9 million. Top negative contributors included CARS, DIAL, COMB, CINS and SEMB.
Colombo Stock Exchange closed lower with the ASPI down 0.39% to 20,955.56 and turnover at Rs595.97mn. Top contributors included Distilleries, Ceylon Tobacco, Laugfs Gas and Hayleys, while SMB Finance, Carson Cumberbatch, Sri Lanka Telecom and Dialog were among the laggards; ACL Cables announced a 60 cent interim dividend.
Colombo Stock Exchange opened higher as the ASPI rose 30.69 points to 21,068.04 (up 0.15%); market turnover was 57.56 million rupees. Vidullanka said project companies it holds equity in won bids to install 18.7 MW/93 MWh of BESS, with its estimated equity share about 600 million rupees.
Colombo stocks opened higher as the ASPI rose 0.15% to 21,068.04 with turnover Rs57.56m. Market positive contributors included LOFC, HAYL, DIAL and COMB while SEMB, MELS and HHL fell; VLL said its project firms won bids to build 18.7MW/93MWh BESS with VLL equity share ~Rs600m.
Colombo Stock Exchange closed lower as the ASPI fell 0.14% to 21,037.35 on subdued trading with turnover 814.88 million rupees, led by the banking and diversified financials sectors. Separately WindForce said six of its project companies won bids to develop 28 MW and 144 MWh of BESS requiring ~944 million rupees equity.
Colombo Stock Exchange opened marginally higher: ASPI rose 14.13 points to 21,070.39 and the S&P SL20 gained 0.11% to 5,935.33, with turnover of LKR 9.97m. Notable movers included Industrial Asphalts (+16.7%), Prime Lands, Dialog, Haycarb and NDB; SMB Finance and Commercial Bank fell; Softlogic Finance announced a LKR 1.002bn rights issue and Aitken Spence Hotel Holdings proposed up to LKR 5bn debenture issue.
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.
Colombo Stock Exchange closed lower, with the ASPI down 0.24% (51.79 pts) at 21,262.13 on Rs2.23 billion turnover. SMB Finance, Watawala, Sampath Bank and Lion Brewery were top positive contributors while Dialog, Melstacorp and Commercial Bank led declines; a mandatory offer for Industrial Asphalts fell through after the SEC refused a share transfer due to the company being on the CSE watchlist.
The Colombo Stock Exchange ended the week up 0.12%, with the ASPI rising 25 points to 21,382.74 after snapping a three-day losing streak. HAYC, CARG, SAMP, LOLC, SEMB and DIMO were top positive contributors; turnover was Rs.1.1bn and foreign investors were net sellers of ~Rs.50.5m.
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.