EquityLK

Dolphin Hotels PLC

STAF.N0000Fairly valued

Hotels & Tourism · Hotels/Resorts/Cruise lines

Dolphin Hotels PLC is an owner and operator of hotels in Sri Lanka, trading under the "Club Hotels Dolphin" brand. The Company holds land and buildings used in its hospitality operations and reports on revaluations of those assets.

STAF shares are down 41.3% over the past year and last closed at Rs 39.30 on Sep 30, 2026.

Rs 39.30
-1.50%
Price history
-41.26%

Monthly seasonality

Monthly total returns by year and calendar month
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026-11.2-1.9-21.0+14.6-6.2+3.9-6.3-2.6-6.0+0.0+0.0+0.0
2025+0.9-11.2-8.8+2.2-1.7+1.7+2.4+39.0+1.2+0.1-6.7-5.4
2024-3.5+1.5+3.8+16.4-4.6-3.3-4.2-17.1+20.6-1.7+34.5+16.7
2023+3.1-7.6+7.9-2.1-3.7-9.7+21.1+12.4-4.2-6.3+0.6+1.2
2022+15.0-16.9-14.0-7.6-9.0+14.2+6.3+42.9-13.1-9.0-0.3+8.5
2021-10.4-6.0+4.7-9.3+10.8+1.2+17.2-6.1+8.7+24.1-10.2+9.9
2020-9.0-1.3-17.7+0.0+0.0+10.4-5.9+23.1+32.0-19.2+23.3+7.7
2019+0.0+3.0-4.7-9.4-6.7-1.8+14.5-2.4-2.4-2.1+2.1+2.1
2018-1.7-5.3+3.0+0.0-6.5+11.5-1.4-12.6+4.4-0.4-3.8+0.0
2017+0.3-0.3-18.9+23.3-5.4-4.3-5.1+0.0-6.0+0.3-8.3+5.5
2016-7.7-9.8+2.0-5.7+10.6-9.4+0.5-1.1-1.6-1.2-11.2-0.8
2015+6.9-4.6+1.1-1.2+6.8-8.0+8.3-11.4+5.7-6.2+1.0+2.3
2014-2.0+0.0-4.1+6.6+2.2-2.6+7.1+22.7-6.6+1.8-1.8+0.4
2013-1.4-10.6+2.5+10.0+1.9-2.7-1.4-1.7-2.0+8.2-6.2+29.4
2012+0.0+0.0+0.0+2.0-13.4+19.6-2.5+3.6+23.1-6.1-12.7+13.0
Average-1.6-5.1-4.6+2.8-1.8+1.4+3.4+5.9+3.6-1.3+0.0+6.9
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-1.7-4.9-1.5+1.0-4.2-1.8+0.5-1.1-1.6-1.4-2.8+5.5
% up38%14%50%50%36%47%53%40%47%36%36%85%
P/E
20.6
P/B
0.53
EPS
Rs 1.91
Div Yield
0.00%
Market Cap
Rs 2.5B
Beta
1.54
ROE
2.6%
Op Margin
-5.6% (-17.3pp)

Fundamentals

LineFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Revenue
Rs 1.7B
+17.5%
Rs 1.4B
+10.3%
Rs 1.3B
+127.7%
Rs 575.9M
+103.5%
Rs 283.0M
-19.1%
Rs 349.7M
-52.0%
Rs 728.5M
-23.6%
Rs 952.9M
+5.8%
Operating profit
Rs 12.9M
-91.0%
Rs 143.1M
-34.1%
Rs 217.1M
Rs -116.9M
Rs -82.4M
Rs -61.9M
Rs 46.7M
-72.8%
Rs 171.6M
-9.8%
Net profit
Rs 221.1M
+32.1%
Rs 167.4M
-47.7%
Rs 320.0M
turned profitable
Rs -103.0M
loss widened
Rs -24.8M
loss narrowed
Rs -33.2M
fell into loss
Rs 44.5M
-69.8%
Rs 147.2M
-1.2%
EPS
3.50
+32.1%
2.65
-47.6%
5.06
-1.63
-0.79
-1.05
1.41
-69.7%
4.65
-1.3%

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 1.00
Peer comparison10 peers in Hotels & Tourism
Sector overview Open in screener
1Eden Hotel Lanka Plc
EDEN.N0000 · same group, not in the median
Rs 9.30
P/E
-
P/B
0.86
ROE
-10.65%
Yield
0.00%
2Lighthouse Hotel PLC
LHL.N0000
Rs 62.10
P/E
13.8
P/B
0.91
ROE
6.27%
Yield
4.83%
3Dolphin Hotels PLC
STAF.N0000 · this company
Rs 39.30
P/E
20.6
P/B
0.53
ROE
2.57%
Yield
0.00%
4Hikkaduwa Beach Resort PLC
CITH.N0000
Rs 4.50
P/E
1,323.5
P/B
0.53
ROE
-0.32%
Yield
0.00%
5Fortress Resorts PLC
RHTL.N0000
Rs 21.10
P/E
10.3
P/B
1.06
ROE
10.28%
Yield
0.00%
6Royal Palms Beach Hotels PLC
RPBH.N0000
Rs 40.10
P/E
13.9
P/B
0.68
ROE
4.90%
Yield
0.00%
7Tangerine Beach Hotels PLC
TANG.N0000
Rs 99.70
P/E
10.0
P/B
0.56
ROE
5.63%
Yield
0.00%
8Beruwala Resorts PLC
BERU.N0000
Rs 2.70
P/E
-
P/B
5.33
ROE
-0.60%
Yield
3.57%
Peer median · 9 companies
P/E 13.9P/B 0.91Yield 0.00%

About Dolphin Hotels PLC

Dolphin Hotels PLC is an owner and operator of hotels in Sri Lanka, trading under the "Club Hotels Dolphin" brand. The Company holds land and buildings used in its hospitality operations and reports on revaluations of those assets. The group's core activity is hotel and hospitality services, delivered through its properties and overseen by its managing agent, Serendib Leisure Management Ltd. The Company is part of the LOLC Holdings PLC group, which provides group-level oversight and risk management support. Dolphin Hotels PLC sells rooms and related guest services to domestic and international travellers and has established strategic partnerships with foreign tour operators (FTOs), destination management companies (DMCs) and travel platforms across India, Europe and the Middle East to support distribution and market reach. The Company also participates in tourism promotion and industry initiatives in Sri Lanka.

Tourism

AI analysis

bearish

The evidence points to a weaker business than its valuation supports: June revenue fell 24.2% and hotel operations made a loss. The counterweight is a 0.55 times book value.

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
Sep 26: 1 articles, net +1.00Oct 24Feb 25Jun 25Oct 25Feb 26Jun 26
Recent news
View all news →

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.