Manufacturing · Electrical Products
Sierra Cables PLC is a Sri Lanka–based industrial wire and cable manufacturer that designs and produces cabling solutions for energy, industrial and communication sectors for domestic and international customers.
SIRA shares are up 28.0% over the past year and last closed at Rs 35.20 on Sep 30, 2026.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.8 | -1.7 | -18.6 | +9.1 | -3.5 | -2.0 | -8.8 | +34.3 | -1.1 | +0.0 | +0.0 | +0.0 |
| 2025 | +26.1 | +3.6 | -10.3 | +7.6 | +1.2 | -8.8 | +8.3 | +42.0 | +15.0 | +21.0 | -3.0 | +9.0 |
| 2024 | +7.6 | -2.3 | -4.0 | -6.7 | +3.6 | -3.4 | -6.2 | -4.8 | +2.0 | -2.0 | +8.0 | +24.1 |
| 2023 | +10.6 | +5.8 | +9.1 | -0.8 | -16.8 | +8.1 | +13.1 | -5.0 | +4.3 | -1.7 | +1.7 | -0.8 |
| 2022 | -1.4 | -14.2 | -54.5 | +27.3 | +20.0 | -10.7 | +9.3 | +22.0 | +41.0 | -14.9 | -15.8 | -6.9 |
| 2021 | +34.9 | -20.0 | -16.2 | +12.3 | +9.4 | +1.4 | +2.8 | +21.9 | +5.6 | +3.2 | +43.3 | +2.9 |
| 2020 | +0.0 | -5.9 | -34.4 | +0.0 | +0.0 | +23.1 | +6.3 | +2.9 | +31.4 | +13.0 | +15.4 | +5.0 |
| 2019 | -4.8 | -15.0 | +0.0 | -11.8 | +0.0 | +20.0 | +5.6 | +5.3 | +10.0 | +40.9 | +6.5 | +3.0 |
| 2018 | -8.0 | +0.0 | -4.3 | +9.1 | -12.5 | -4.8 | +15.0 | -8.7 | -4.8 | +10.0 | -4.5 | +0.0 |
| 2017 | -3.0 | -3.1 | -3.2 | +10.0 | +0.0 | -3.0 | +0.0 | -6.3 | -3.3 | +0.0 | -13.8 | +0.0 |
| 2016 | -7.7 | -13.9 | -6.5 | +20.7 | -5.7 | -9.1 | +10.0 | +6.1 | -2.9 | +0.0 | -5.9 | +3.1 |
| 2015 | +15.4 | +6.7 | -16.7 | +15.0 | -2.2 | -8.9 | +7.3 | +2.3 | -4.4 | +2.3 | -4.5 | -7.1 |
| 2014 | +5.6 | -5.3 | -5.6 | +0.0 | +29.4 | +0.0 | +0.0 | +11.1 | +15.0 | -4.3 | +40.9 | +25.8 |
| 2013 | +4.2 | -12.0 | +0.0 | +9.1 | +4.2 | -12.0 | -4.5 | -9.5 | +0.0 | +10.5 | -9.5 | -5.3 |
| 2012 | +0.0 | +0.0 | +0.0 | -6.1 | -25.8 | +4.3 | +0.0 | +16.7 | +10.7 | -16.1 | -11.5 | +4.3 |
| Average | +5.7 | -5.5 | -11.8 | +6.8 | +0.1 | -0.4 | +4.1 | +8.7 | +7.9 | +4.4 | +3.4 | +4.1 |
| 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 | +2.5 | -4.2 | -6.0 | +9.1 | +0.0 | -3.2 | +5.9 | +5.3 | +4.3 | +1.2 | -3.8 | +3.0 |
| % up | 57% | 21% | 7% | 64% | 43% | 36% | 64% | 67% | 60% | 50% | 43% | 57% |
| Line | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | Rs 16.0B +72.6% | Rs 9.3B +13.6% | Rs 8.2B +15.3% | Rs 7.1B -14.4% | Rs 8.3B +50.2% | Rs 5.5B -1.2% | Rs 5.6B +18.4% | Rs 4.7B +15.5% |
| Operating profit | Rs 3.1B +119.2% | Rs 1.4B +14.4% | Rs 1.2B -28.8% | Rs 1.7B +59.9% | Rs 1.1B +117.8% | Rs 495.4M +4.7% | Rs 473.1M +56.5% | Rs 302.2M +78.8% |
| Net profit | Rs 2.7B +194.4% | Rs 903.5M +24.2% | Rs 727.7M +3.5% | Rs 703.4M +49.1% | Rs 471.7M +47.4% | Rs 320.0M +39.9% | Rs 228.8M +1,745.4% | Rs 12.4M turned profitable |
| EPS | 4.95 +194.6% | 1.68 +18.3% | 1.42 +7.6% | 1.32 +51.7% | 0.87 +45.0% | 0.60 +39.5% | 0.43 +1,333.3% | 0.03 |
Compared with the same period a year earlier.
Per-share figures are as reported, not adjusted for splits.
| # | Company | Price | Mkt cap | P/E | P/B | EPS | ROE | Div Yield |
|---|---|---|---|---|---|---|---|---|
| 1 | ACL.N0000 | 92.00 | Rs 66.1B | 10.4 | 1.70 | 8.82 | 17.50% | 0.54% |
| 2 | KCAB.N0000 | 98.60 | Rs 21.5B | 9.0 | 1.35 | 11.00 | 15.37% | 1.62% |
| 3 | SIRA.N0000 · this company | 35.20 | Rs 18.9B | 6.4 | 1.97 | 5.48 | 30.68% | 0.00% |
| 4 | CSLK.N0000 | 13.50 | Rs 6.4B | 18.2 | 2.41 | 0.74 | 15.05% | 1.85% |
| Peer median · 3 companies | - | - | 10.4 | 1.70 | - | - | 1.62% |
Sierra Cables PLC is a Sri Lanka–based industrial wire and cable manufacturer that designs and produces cabling solutions for energy, industrial and communication sectors for domestic and international customers. The Company supplies industrial electric wires and cables and exports to markets across Asia, Eastern Europe, North America, Africa and Oceania, with a growing focus on the USA, Maldives, Europe, Africa and the Pacific region. Sierra Cables maintains quality and safety management systems and product certifications including ISO 9001, ISO 14001, ISO 45001, SLS and UL 44. The Group operates across multiple business sectors, encompassing construction & engineering, consumer electronics, cables, leisure, property development and fertilizer, and distributes through project sales (including government tenders and large infrastructure projects), a dealer network and institutional customers. The Company emphasises product innovation, R&D, backward integration and quality management while pursuing sustainability and employee development as part of its operating approach.
Evidence points bullish because June revenue rose 93.6% and export capacity is being doubled. The catch is debt-funded growth has not converted into operating cash.
Read the full report (Sep 16, 2026) →2 articles in 30 days: 0 positive, 1 negative, 1 neutral.
The Colombo ASPI fell 0.6% to 20,817.82, sliding to a six-month low as losers (163) outpaced winners (31) and turnover barely topped Rs.1bn. Top decliners and contributors to the drop included Dialog, Commercial Bank, Overseas Realty, Singer, Tokyo Cement and Ceylinco, while John Keells closed flat.
Colombo bourse edged up as the ASPI rose 0.03% to 21,325.64 on turnover of over Rs.1.2bn; banks led activity while geopolitical tensions and higher global oil prices weighed on sentiment and foreigners were net sellers of Rs.7.2m.
The ASPI fell 206.6 pts (1%) over the week but rose 0.05% to 21,416.61 yesterday; turnover exceeded Rs1.2bn and top contributors were MELS, CDB, SIRA, HHL and DIAL, while foreign investors were net sellers of Rs58.2m.
Colombo Stock Exchange indices closed up on Friday: ASPI +0.05% at 21,416.61 and S&P SL20 +0.19% at 6,030.75. Market turnover was Rs 1.22 billion with capital goods leading at Rs 480.7 million; notable movers included CDB, SIRA, HHL, DIAL, SAMP (up) and RIL, CCS (down); Melstacorp set its AGM for Sept 15, 2026.
Colombo stocks were higher on Friday morning with the ASPI up 0.11% at 21,428.38 and the S&P SL20 up 0.27% at 6,035.37; market turnover was LKR 274.9m led by capital goods (LKR 178.8m). Sierra Cables approved a $3.22976m capex to double export production capacity by end-FY2026/27 and its shares rose about 6%.
Sierra Cables PLC will invest USD 3,229,760 to acquire machinery and upgrade infrastructure to approximately double its export production capacity; the project is expected to be completed by end-2026/27 and operational from April 1, 2027.
Colombo market closed higher as the ASPI rose 0.56% to 21,539 and the S&P SL20 gained 0.53%, with turnover of Rs.2.77bn and foreign net outflows of Rs.624.5m. Declining T-Bill rates and positive bank results supported buying, with the banking sector leading turnover (38%).
Colombo market recovered as the ASPI rose 0.07% to 21,418.57 on turnover above Rs.2bn and net foreign inflows of about Rs.471.8m; DIAL, HNB, NDB, DIPD and JKH led gains while BREW, CINS, CARG, CTHR and CCS dragged the index.
The Colombo stock market ended a four-session rally as the ASPI fell 0.07% to 21,402.80 and the S&P SL20 dipped 0.04% to 5,983.14; market turnover was over Rs.1.5bn and foreign investors were net sellers (net outflow Rs.356.2m).
Manufacturing export conditions weakened in August as apparel, tea and coconut-based product shipments fell, although merchandise exports remained higher over January-August. Exporters also reported certification delays, cost pressures and cheaper imported rubber undermining local value addition. Oil-price swings added uncertainty to energy and transport inputs, while industry proposals continued to stress higher-value agrifood processing, traceability and mechanisation.
Auto-generated from 16 sector news articles over 14 days. Not investment advice.