Colombo Stock Exchange opened higher: ASPI up 0.18% (37.48 pts) at 21,104.37 and S&P SL20 up 0.46% at 5,970.10, with turnover Rs 43.59m. Singer Finance set rights-issue and EGM/XR dates; Pan Asia Banking plans to raise up to Rs 5bn via listed debentures opening Oct 1, 2026.
Banks & Finance · Finance/Rental/Leasing
Singer Finance (Lanka) PLC is a Sri Lanka-based financial services company that provides lending, leasing and other financing solutions through a national branch network and digital channels.
SFIN shares are down 31.0% over the past year and last closed at Rs 46.40 on Sep 30, 2026.
Monthly seasonality
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +5.7 | -7.0 | -16.9 | +8.0 | -1.6 | +5.5 | -9.1 | +0.0 | +2.1 | +0.0 | +0.0 | +0.0 |
| 2025 | +7.4 | -11.6 | +1.6 | +26.5 | +1.6 | +21.9 | +27.7 | +31.9 | +19.5 | +10.0 | -12.6 | -10.7 |
| 2024 | +0.9 | -0.9 | +9.7 | +51.6 | -9.6 | -4.7 | +1.2 | -6.1 | +8.4 | +5.4 | +9.1 | +34.4 |
| 2023 | -3.9 | +4.1 | +10.8 | +5.3 | -7.6 | +6.4 | +27.4 | -3.4 | -8.3 | -5.3 | -4.8 | -5.0 |
| 2022 | +0.0 | -6.3 | -20.7 | -5.4 | -10.6 | -5.5 | +8.7 | -5.3 | +7.5 | -8.7 | -3.8 | +1.0 |
| 2021 | +15.4 | -17.4 | -2.8 | +6.5 | -0.7 | +2.7 | +5.3 | -5.1 | +0.7 | +1.3 | +4.6 | +9.4 |
| 2020 | -1.5 | -7.0 | -32.8 | +0.0 | +0.0 | +6.9 | +10.1 | +0.0 | +17.5 | -11.3 | +5.6 | +12.9 |
| 2019 | +0.7 | -3.6 | -3.7 | +0.0 | -5.4 | +0.0 | +14.6 | -7.1 | +1.5 | -1.5 | +4.6 | -5.1 |
| 2018 | +3.3 | +4.5 | -4.9 | +3.2 | -2.5 | -6.5 | +0.0 | -3.4 | -4.3 | +0.0 | +0.7 | +3.0 |
| 2017 | -9.1 | +0.6 | -5.5 | +17.5 | +1.5 | -12.3 | -2.8 | -1.7 | -6.4 | +3.1 | -7.9 | -1.3 |
| 2016 | -9.5 | -11.9 | -6.2 | +14.4 | +10.6 | -14.0 | +1.5 | +5.0 | +2.4 | -7.0 | -6.5 | +5.9 |
| 2015 | -4.7 | +15.5 | -13.4 | +24.9 | +7.5 | -6.2 | +11.0 | +0.4 | -7.5 | +3.4 | -5.3 | +5.2 |
| 2014 | +20.5 | -12.8 | -1.6 | +8.3 | +3.1 | -5.2 | +12.5 | +12.5 | +12.3 | +0.0 | -6.6 | +11.8 |
| 2013 | -0.7 | -11.0 | +4.1 | +9.5 | +8.7 | -12.0 | -4.5 | -10.3 | -0.9 | +11.6 | -5.6 | -0.8 |
| 2012 | +0.0 | +0.0 | +0.0 | -4.9 | -26.6 | +8.8 | -4.9 | +11.1 | +22.3 | -6.3 | -10.7 | +3.0 |
| Average | +1.7 | -4.6 | -5.9 | +11.8 | -2.3 | -0.9 | +6.6 | +1.2 | +4.5 | -0.4 | -2.8 | +4.5 |
| 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 | +0.4 | -6.7 | -4.3 | +8.1 | -1.1 | -4.7 | +5.3 | -1.7 | +2.1 | +0.0 | -5.1 | +3.0 |
| % up | 50% | 29% | 29% | 79% | 43% | 40% | 67% | 33% | 67% | 43% | 36% | 64% |
Fundamentals
| Line | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Total income | Rs 8.5B +54.0% | Rs 5.5B +66.1% | Rs 3.3B +9.8% | Rs 3.0B -14.6% | Rs 3.5B +26.7% | Rs 2.8B +7.1% | Rs 2.6B +4.9% | Rs 2.5B +24.8% |
| Operating profit | Rs 3.6B +78.2% | Rs 2.0B +110.3% | Rs 972.3M -2.3% | Rs 995.3M -20.1% | Rs 1.2B +53.0% | Rs 814.5M -8.5% | Rs 890.2M -9.5% | Rs 983.9M +15.6% |
| Net profit | Rs 1.6B +84.9% | Rs 851.7M +110.7% | Rs 404.2M -1.2% | Rs 409.0M -34.2% | Rs 621.1M +51.5% | Rs 410.1M +5.4% | Rs 389.0M -28.2% | Rs 541.7M +22.3% |
| EPS | 6.07 +44.2% | 4.21 +110.5% | 2.00 -1.0% | 2.02 -34.2% | 3.07 +51.2% | 2.03 +5.2% | 1.93 -28.0% | 2.68 +6.4% |
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 · first interimRs 1.00
- 2022 · finalRs 0.80
- 2022 · first interimRs 0.80
- 2021 · first interimRs 0.80
- 2019Rs 1.10
- 2018Rs 0.97
- 2015Rs 1.25
- 2012Rs 0.80
| # | 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 · this company | 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 | 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 | - | - | 13.5 | 1.43 | - | - | 0.00% |
About Singer Finance (Lanka) Plc
Singer Finance (Lanka) PLC is a Sri Lanka-based financial services company that provides lending, leasing and other financing solutions through a national branch network and digital channels. The Company supports both personal and enterprise financial needs, enabling consumer purchases and business asset finance across the country. Its core activities include lending operations and asset leasing, with a particular focus on vehicle financing within its broader lending portfolio, alongside deposit-taking and funding management to support balance sheet liquidity. The business is supported by centralised support functions, digital channels and a branch footprint that serve customers across Sri Lanka. Singer Finance emphasises governance, risk management and digital innovation in its operations and positions itself as a provider of accessible finance to support personal aspirations and enterprise activity within the Sri Lankan market.
AI analysis
bullishEvidence points bullish: June net profit rose 53.9% year-on-year on record June margins. The catch is an 8:29 rights issue at LKR 39.20, which will dilute non-participating holders.
Read the full report (Sep 25, 2026) →News sentiment
Describes news flow, not a forecast6 articles in 30 days: 2 positive, 0 negative, 4 neutral.
Rights issue · 8:29 at Rs 39.20 · XD Oct 16, 2026
Rights issue (8:29) at LKR 39.2/share; XD 2026-10-16; record 2026-10-19
Singer Finance (Lanka) PLC appointed Jonathan Alles as Chairman, succeeding Aravinda Perera; Alles joined the board in March 2026 and brings more than 37 years of banking and financial services experience.
Singer Finance (Lanka) PLC appointed veteran banker Jonathan Alles as Chairman of the Board effective 12 September 2026. Alles joined Singer Finance's board on 5 March 2026 and is a former MD/CEO of Hatton National Bank.
Singer Finance (SFIN.N0000) plans a rights issue of 76,648,787 ordinary voting shares at Rs39.20 each (8 new for every 29 existing) to improve the company's capital adequacy ratios and for lending purposes.
Singer Finance (SFIN.N0000) plans a rights issue of 76,648,787 ordinary voting shares at Rs39.20 each (8 new for every 29 existing) to improve capital adequacy and for lending; stated capital was Rs4,004,555,574 as of June 30, 2026.
Colombo stocks rose midday, with the ASPI up 0.14% at 21,445.77; Singer Finance announced a rights issue of up to 76,648,787 ordinary shares at Rs 39.20 each (8 new for every 29 existing). Banks led turnover at Rs 231.7m; Dialog, Commercial Bank, Hayleys and Aitken Spence were top gainers while John Keells and Malwatte Valley lagged.
Rights issue · 8:29 at Rs 39.20 · XD Oct 16, 2026
Rights issue (8:29) at LKR 39.2/share
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.