SMB Finance PLC

SEMB.N0000Overvalued

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.

Voting
Rs 1.10
+10.00%
Price history
+37.50%

Monthly seasonality

Monthly total returns by year and calendar month
YearJanFebMarAprMayJunJulAugSepOctNovDec
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
% up21%7%21%43%21%13%40%27%47%36%7%43%
P/E
55.0
P/B
2.70
EPS
Rs 0.02
Div Yield
0.00%
Market Cap
Rs 8.0B
Beta
0.37
ROE
4.2%
Op Margin
14.5% (-12.7pp)

Fundamentals

LineFY2025
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
Peer comparison7 peers in Banks & Finance
Rs 120.75
P/E
49.9
P/B
4.87
ROE
9.76%
Yield
0.00%
Rs 46.40
P/E
7.6
P/B
1.31
ROE
17.69%
Yield
2.16%
P/E
8.9
P/B
0.74
ROE
7.83%
Yield
0.82%
Rs 303.50
P/E
4.6
P/B
0.87
ROE
19.54%
Yield
3.29%
SEMB.N0000 · this company
Rs 1.10
P/E
55.0
P/B
2.70
ROE
4.20%
Yield
0.00%
UBF.N0000
Rs 2.00
P/E
57.1
P/B
1.96
ROE
3.47%
Yield
0.00%
Rs 83.20
P/E
7.2
P/B
1.43
ROE
20.63%
Yield
3.27%
Rs 27.80
P/E
13.5
P/B
1.43
ROE
1.79%
Yield
0.00%
Peer median · 7 companies
P/E 8.9P/B 1.43Yield 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

bearish

The 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 forecast
Last 30 days
Negative news flow

4 articles in 30 days: 1 positive, 3 negative, 0 neutral.

24 months positive negative 3-month net
Jun 25: 1 articles, net +1.00Oct 25: 1 articles, net +1.00Nov 25: 4 articles, net +0.38Mar 26: 3 articles, net +0.33Apr 26: 1 articles, net +1.00May 26: 1 articles, net -1.00Jun 26: 2 articles, net -0.50Jul 26: 3 articles, net +1.00Aug 26: 1 articles, net -1.00Sep 26: 4 articles, net -0.50Oct 24Feb 25Jun 25Oct 25Feb 26Jun 26
EconomyNext·Sep 30, 2026·Market commentaryPositive
Sri Lanka stocks close flat, turnover Rs1.55bn

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.

Daily FT·Sep 29, 2026·Market commentaryNegative
CSE falls to six-month low, turnover lowest this year

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.

EconomyNext·Sep 28, 2026·Market commentaryNegative
Sri Lanka stocks close down on global headwinds, turnover Rs595mn

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.

EconomyNext·Sep 28, 2026·Market commentaryNegative
Sri Lanka stocks trend up; ASPI passes 21,000

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.

Renewable Energy
EconomyNext·Sep 28, 2026·Market commentaryNegative
Sri Lanka stocks open up; ASPI passes 21,000

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.

Renewable Energy
EconomyNext·Sep 25, 2026·Market commentaryPositive
Sri Lanka stocks close down on low turnover; ASPI drops 0.14-pct

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.

EconomyNext·Sep 21, 2026·Market commentaryNegative
Sri Lanka stocks open marginally up on Monday; ASPI at 21,070

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.

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 15, 2026·Market commentaryPositive
Sri Lanka stocks down, ASPI drops 0.24-pct in Rs2.2bn turnover session

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.

Daily FT·Sep 12, 2026·Market commentaryPositive
CSE bucks three-day losing streak, ends week up 0.12%

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.

Fuel & Energy PricesRupee & Forex

Banks & Finance sector: what is happening

Last 14 days to Sep 30, 2026

With 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.

Auto-generated from 45 sector news articles over 14 days. Not investment advice.