EquityLK

Serendib Hotels Ltd

SHOT.N0000Moderately overvalued

Hotels & Tourism · Hotels/Resorts/Cruise lines

Serendib Hotels PLC is a Sri Lanka-based hospitality company engaged in the operation and management of hotels and related leisure services for domestic and international travellers.

SHOT shares are down 38.3% over the past year and last closed at Rs 15.60 on Sep 30, 2026.

Voting
Rs 15.60
+0.00%
Price history
-38.34%

Monthly seasonality

Monthly total returns by year and calendar month
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026-10.2+1.5-21.0+9.3-4.0+2.4-8.0+5.6-8.3+0.0+0.0+0.0
2025+4.6-12.7-10.0+11.1+11.5-5.8+0.5+11.4+9.8-3.1-5.2-5.1
2024+5.5-4.5+12.5+14.6-6.1-6.5-6.9-0.7+16.4-2.6+25.0+15.3
2023+2.4+2.4+13.8+5.1-12.5-4.4+39.1+22.3-4.1-7.0-1.5-2.3
2022-5.0+2.6-17.9+0.0+0.0-19.0+21.8+17.2+12.4+36.9-27.5-17.0
2021-5.1-10.1-4.6-3.4+2.1-0.7+16.2-6.1+18.7+4.3-7.3+12.4
2020+0.0+0.0+0.0+0.0+0.0-1.5-1.0-9.7+14.2-0.5+2.5-13.2
2019+0.0+0.0+0.0+0.0+0.0+17.9+30.3-4.8-2.8+9.7+15.6-0.9
2018+0.0+17.8-19.6+10.5+0.0+0.0+0.0-16.2+10.7+2.4+0.0+0.0
2017-4.2+0.0+0.0+0.0+0.0-8.4+8.3-15.8+0.5+0.0+0.0+0.0
2016+0.0-15.6+3.4+11.3+0.7-10.7+6.9-4.8-3.6-1.1+0.0+0.0
2015+6.7-11.4-9.7+3.6+22.4+3.9-1.1-6.8-2.4-2.1-7.7+0.0
2014-4.8-3.9+4.1+1.8-1.8+6.8+10.7+3.6+2.0-3.1-11.2+9.0
2013+1.7-1.7+0.9+1.7+14.5+0.7-8.3+0.0-5.9+14.6-5.5+13.1
2012+0.0+0.0+0.0+0.8-15.6-2.8+11.2-0.4+17.6-2.2-10.0+0.0
Average-0.8-3.0-4.0+6.0+1.1-2.0+8.6-0.3+5.0+3.5-3.0+1.1
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-1.2-2.8-2.3+5.1-0.6-2.2+7.6-0.7+2.0-1.1-5.5-0.5
% up50%33%42%91%50%36%64%33%60%38%27%40%
P/E
23.6
P/B
1.06
EPS
Rs 0.66
Div Yield
0.00%
Market Cap
Rs 6.4B
Beta
1.11
ROE
4.6%
Op Margin
-2.3% (-18.8pp)

Fundamentals

LineFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Revenue
Rs 3.8B
+11.1%
Rs 3.4B
+18.7%
Rs 2.9B
+99.0%
Rs 1.4B
+126.6%
Rs 636.4M
+8.4%
Rs 587.2M
-63.0%
Rs 1.6B
-22.1%
Rs 2.0B
+8.7%
Operating profit
Rs 582.2M
-4.5%
Rs 610.0M
+6.3%
Rs 573.6M
Rs -132.8M
Rs -233.4M
Rs -412.1M
Rs 28.8M
-86.6%
Rs 214.6M
-29.6%
Net profit
Rs 567.8M
-4.2%
Rs 592.4M
+5.8%
Rs 559.7M
turned profitable
Rs -451.6M
loss narrowed
Rs -590.6M
loss widened
Rs -483.4M
loss widened
Rs -121.3M
fell into loss
Rs 102.4M
-46.8%
EPS
1.04
-11.1%
1.17
+23.2%
0.95
-0.94
-5.02
-4.09
-1.24
0.35
-67.3%

Compared with the same period a year earlier.

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

Recent dividends

No dividend records.

Peer comparison6 peers in Hotels & Tourism
Sector overview Open in screener
1Aitken Spence Hotel Holdings PLC
AHUN.N0000
Rs 80.00
P/E
10.9
P/B
0.90
ROE
8.23%
Yield
0.35%
2John Keells Hotels PLC
KHL.N0000
Rs 16.00
P/E
23.9
P/B
0.69
ROE
2.92%
Yield
2.19%
3Jetwing Symphony PLC
JETS.N0000
Rs 13.90
P/E
16.0
P/B
1.87
ROE
11.76%
Yield
3.60%
4Serendib Hotels Ltd
SHOT.N0000 · this company
Rs 15.60
P/E
23.6
P/B
1.06
ROE
4.57%
Yield
0.00%
5Ceylon Hotels Corporation PLC
CHOT.N0000
Rs 28.00
P/E
25.0
P/B
0.62
ROE
2.49%
Yield
0.00%
6Hayleys Leisure PLC
CONN.N0000
Rs 25.00
P/E
-
P/B
2.35
ROE
-25.23%
Yield
0.00%
7Citrus Leisure PLC
REEF.N0000
Rs 3.50
P/E
-
P/B
0.88
ROE
-5.97%
Yield
0.00%
Peer median · 6 companies
P/E 19.9P/B 0.89Yield 0.18%

About Serendib Hotels Ltd

Serendib Hotels PLC is a Sri Lanka-based hospitality company engaged in the operation and management of hotels and related leisure services for domestic and international travellers. The Group focuses on delivering guest experiences that combine accommodation, cultural programming and leisure offerings tailored to the leisure and tourism market. Its guest experience activities include curated local experiences such as traditional cuisine, cultural performances and artisan collaborations, alongside marketing and distribution partnerships with destination management companies (DMCs), foreign tour operators (FTOs) and travel platforms across India, Europe and the Middle East. The Company participates in international trade shows and tourism board initiatives to improve market visibility and penetration. The Company is managed operationally by Serendib Leisure Management Limited and forms part of the Serendib Group, with LOLC Holdings PLC identified as the ultimate parent. Serendib Hotels PLC pursues sustainability and resilience measures, including water and energy conservation, waste reduction, reduction of single-use plastics, pursuit of green certifications and renewable energy adoption, and follows a formal risk management framework aligned with ISO 31000.

Tourism

AI analysis

bearish

Evidence points bearish because the June quarter swung to a LKR 40.5 million loss. The counterweight is LKR 794 million of net cash at the last audited year-end.

Read the full report (Sep 24, 2026) →

News sentiment

Describes news flow, not a forecast
Last 30 days
Not enough news to read

1 article in 30 days: 1 positive, 0 negative, 0 neutral.

24 months positive negative 3-month net
Jun 25: 1 articles, net +1.00Jun 26: 1 articles, net +1.00Sep 26: 1 articles, net +1.00Oct 24Feb 25Jun 25Oct 25Feb 26Jun 26
Recent news
View all news →
Daily FT·Aug 26, 2026·Promotional / marketingPositive
SL eyes major cruise tourism boost to convert Colombo as hub

Sri Lanka is seeking to position Colombo as a cruise tourism hub, with the government and private sector courting international cruise lines, exploring capacity for larger vessels and aiming to extend passenger stays to boost wider economic and hotel-sector benefits; talks include linking Cinnamon Hotels Group with international cruise operators.

Tourism
Daily FT·Jul 15, 2026·Management or board changePositive
Banking veteran Janakan Selvaratnam joins Serendib Hotels Board

Serendib Hotels PLC appointed banking veteran Janakan Selvaratnam as an Independent Director. He has 25 years at Citibank Sri Lanka, consults to Sampath Bank's Board Credit Committee, and serves on the boards of Eden Hotel Lanka and Palm Garden Hotels.

Tourism
Daily FT·Jun 18, 2026·Management or board changePositive
Minor Hotel Group’s Wayne Williams joins Serendib Hotels Board

Serendib Hotels PLC has appointed Minor Hotel Group CFO Wayne Williams as a Non-Executive Director. Williams brings nearly 20 years at Minor International and experience from a hotel group operating over 560 hotels and generating more than $5bn in revenue.

Tourism
Daily FT·Jun 24, 2025·Earnings & resultsPositive
Browns marks 150th year with landmark Rs. 25.9 b PBT in FY25

Brown & Company PLC reported FY25 consolidated revenue of Rs. 107.82 billion and PBT of Rs. 25.88 billion, with total assets of Rs. 752.69 billion. The Group completed major East Africa Lipton plantation acquisitions, took controlling stakes in Sierra Cables and Tea Smallholder Factories, and saw strong results across its plantations and hospitality units.

Tea & Plantation CropsTourismHealthcare & PharmaExporters

Hotels & Tourism sector: what is happening

Last 14 days to Sep 30, 2026

Tourism remained subdued: arrivals in 1-23 September edged up 0.31% year on year, led by India, but year-to-date arrivals were 1.83% lower amid Middle East disruptions and softer global demand. August tourism earnings rose 2.1%, ending a 10-month decline, yet year-to-date revenue fell 10%. Higher energy costs and weakened purchasing power also weighed on tourism demand.

The stories behind it

Auto-generated from 6 sector news articles over 14 days. Not investment advice.