Three Acre Farms Plc

TAFL.N0000Moderately undervalued

Consumer & Retail · Food: Meat/Fish/Dairy

Three Acre Farms PLC (TAF Group) is an integrated poultry company that operates the full poultry value chain, including breeder farms, hatcheries and commercial broiler farming, and the sale of day‑old chicks.

TAFL shares are up 1.9% over the past year and last closed at Rs 625.50 on Sep 30, 2026.

Rs 625.50
-0.79%
Price history
+1.91%

Monthly seasonality

Monthly total returns by year and calendar month
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026+24.8-12.0-10.2+14.9-5.5-6.6-6.0+11.0+1.5+0.0+0.0+0.0
2025+7.0-2.5-4.1+8.4-2.9+53.7+31.2-13.4+11.5+4.1-8.8+1.7
2024+4.6+4.0+8.5+16.5-2.9+0.0-3.1-5.7+2.5+5.2-5.7+4.0
2023-1.0-0.2+4.6+4.6-2.9+3.0+23.9+38.6-3.8-0.6+9.0-5.3
2022+5.3-24.1-20.4-31.9-2.3+2.0+23.6-3.3+9.9-17.6+2.9-12.2
2021+40.9-11.0-8.5-0.8+9.6+4.3+3.4-8.1-5.6+8.4-2.3+39.5
2020-2.9-11.7-22.1+0.0+0.0+17.9+3.0+0.3+39.6-2.8+27.2+0.5
2019+1.0-3.8-3.3-6.0-1.0-6.4+18.6+5.7-1.4+2.9+10.8+1.2
2018-2.2+1.5-3.9+4.4-8.6-8.4+6.2-0.2-5.6+5.8+0.2-1.9
2017-5.0-1.5+1.6-1.5-7.0-2.1+8.8-3.1+0.9-3.2-3.5+1.4
2016-13.9-5.6-14.9+43.9+0.4-2.4+12.5+7.4+3.4-2.1-8.1+1.3
2015+2.9-1.0-9.6+5.1+27.7+6.2+23.9+53.0+9.7-0.2-7.2-4.7
2014+3.5-5.8+9.7+2.3+19.3+15.1+1.3-11.0+7.0+0.6-8.9+4.1
2013-7.1-19.6+5.7+1.9-5.3-3.2-10.4-18.3+4.5+7.3+16.0-2.1
2012+0.0+0.0+0.0+4.2-35.7+54.8+0.6+7.0+20.9-20.2-17.2+16.2
Average+4.2-6.7-4.8+4.7-1.2+8.5+9.2+4.0+6.3-0.9+0.3+3.1
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+2.0-4.7-4.0+4.3-2.9+2.0+6.2-0.2+3.4+0.2-2.9+1.3
% up57%14%36%71%29%53%80%47%73%50%43%64%
P/E
9.6
P/B
1.54
EPS
Rs 65.40
Div Yield
6.39%
Market Cap
Rs 14.7B
Beta
1.17
ROE
16.1%
Op Margin
29.4%

Fundamentals

LineFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Revenue
Rs 6.2B
-0.3%
Rs 6.2B
-44.3%
Rs 11.1B
+33.7%
Rs 8.3B
+70.8%
Rs 4.9B
+78.2%
Rs 2.7B
+7.1%
Rs 2.6B
-2.8%
Rs 2.6B
+9.2%
Operating profit
Rs 1.9B
+24.1%
Rs 1.5B
-33.6%
Rs 2.3B
+263.2%
Rs 620.0M
-5.3%
Rs 654.4M
-5.9%
Rs 695.5M
+4.4%
Rs 666.1M
-4.7%
Rs 698.8M
+3.4%
Net profit
Rs 1.5B
-9.5%
Rs 1.7B
-32.1%
Rs 2.5B
+279.9%
Rs 659.0M
-31.2%
Rs 958.1M
+25.4%
Rs 764.3M
-1.1%
Rs 772.8M
+3.2%
Rs 748.8M
+14.5%
EPS
65.40
-9.5%
72.26
-32.1%
106.34
+279.9%
27.99
-31.2%
40.69
+25.4%
32.46
-1.1%
32.82
+3.2%
31.80
+14.5%

Compared with the same period a year earlier.

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

Recent dividends

  • 2025 · finalRs 40.00
  • 2024 · finalRs 30.00
  • 2024Rs 25.00
  • 2023 · finalRs 16.00
  • 2023 · first interimRs 12.00
  • 2021 · first and finalRs 10.00
  • 2020 · finalRs 5.50
  • 2020 · second interimRs 11.00
Peer comparison2 peers in Consumer & Retail
GRAN.N0000 · same group, not in the median
Rs 470.00
P/E
7.4
P/B
1.79
ROE
24.24%
Yield
3.19%
TAFL.N0000 · this company
Rs 625.50
P/E
9.6
P/B
1.54
ROE
16.07%
Yield
6.39%
Rs 86.90
P/E
7.4
P/B
1.08
ROE
14.93%
Yield
2.09%
Sector median · 35 companies
P/E 13.3P/B 1.66Yield 1.72%

About Three Acre Farms Plc

Three Acre Farms PLC (TAF Group) is an integrated poultry company that operates the full poultry value chain, including breeder farms, hatcheries and commercial broiler farming, and the sale of day‑old chicks. The Group’s activities cover grandparent and parent stock operations through to broiler production and related hatchery processes. TAF includes group entities such as Millennium Multibreeder Farms (Private) Limited and Ceylon Pioneer Poultry Breeders Limited and markets products under an established Prima brand supported by a dealer network. The company emphasises vertical integration, supply‑chain control and continued investment to expand breeder capacity, improve efficiencies and support national protein production goals. The Group’s reporting boundary and operations focus on a fully integrated poultry manufacturing model encompassing breeder and broiler operations, hatcheries and commercial farming across its national operating footprint.

AI analysis

bullish

June quarter net margin was 27.4% and the share trades at 7.1x TTM earnings.

Read the full report (Aug 7, 2026) →

News sentiment

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

No scored news in the last 30 days.

24 months positive negative 3-month net
Nov 24: 1 articles, net +1.00Jan 25: 3 articles, net +0.33May 25: 2 articles, net +0.00Jun 25: 1 articles, net -1.00Aug 25: 1 articles, net -1.00Nov 25: 2 articles, net +1.00Jan 26: 1 articles, net -1.00Feb 24Jun 24Oct 24Feb 25Jun 25Oct 25
Recent news
View all news →
Ada Derana·Nov 14, 2025·Award or certification
50 Years of Nourishing a Nation: How Bairaha Defined Sri Lanka’s Poultry Industry

Bairaha Farms PLC (BFL.N0000) marks its 50th anniversary, cites domestic growth and export progress with exports to the Maldives and conditional clearance for Singapore, and reports 2024 sector figures (chicken +10% to 258,540 mt; day-old chicks +13% to ~188m). The piece also flags challenges from reliance on imported feed (maize/soy) and high import levies that affect competitiveness.

Consumer Staples (FMCG)ExportersRenewable Energy
EconomyNext·Nov 12, 2025·Market commentaryPositive
Sri Lanka stocks close up, led by banks and capital goods

Colombo Stock Exchange closed higher as the ASPI rose 0.33% to 23,659.70, led by capital goods and banks with turnover of Rs1.85bn and Rs1.58bn. Top contributors included John Keells, Senkadagala Finance and Aitken Spence, and Three Acre Farms said it will merge two subsidiaries.

EconomyNext·Oct 27, 2025·Other
Sri Lanka poultry prices edge up as chicken malnourished on autarky maize

Bairaha Farms said poultry prices rose in Q3 2025 and it posted a net profit of Rs 427m for the quarter versus a Rs 109m loss a year earlier; its feed milling unit saw reduced profitability due to high-priced, low-quality local maize that cut broiler weights and tightened supply.

Consumer Staples (FMCG)
EconomyNext·Aug 15, 2025·Earnings & resultsNegative
Sri Lanka’s chicken egg farmers shrink flocks, day-old chick prices cut

Three Acre Farms (TAFL) reported a 27% fall in revenues to Rs 1,231 million in the June 2025 quarter as farmers cut purchases of day‑old chicks and the company lowered chick prices. The report cites volatile egg/broiler prices, high maize import duties and central bank policy shifts weighing on the sector.

Rupee & ForexInterest RatesExportersConsumer Staples (FMCG)
Daily FT·Aug 4, 2025·Management or board change
Indrajit Wickramasinghe appointed to DIMO Board

Indrajit Wickramasinghe has been appointed an Independent Non-Executive Director of Diesel & Motor Engineering PLC (DIMO.N0000). He is an ex-CEO of Union Bank with over 36 years' management experience and currently sits on the boards of Three Acre Farms, Ceylon Grain Elevators and Overseas Realty.

Consumer Staples (FMCG)
Daily FT·Jul 10, 2025·Market commentaryPositive
Colombo stock market rebounds on improved sentiment

Colombo market rebounded as the ASPI gained 129 points (0.7%) on fresh buying, with turnover of Rs.5.98bn. Banking and construction led gains — HNB, Central Finance, R I L Property and Melstacorp were among top contributors while foreign investors were net sellers of Rs.84.4m.

Daily FT·Jul 8, 2025·Market commentaryNegative
Colombo stock market begins new week on negative note

Colombo market fell as ASPI declined 0.58% (around 106 points) and S&P SL20 down 0.5% on low turnover of Rs.2.4bn; major drags included Melstacorp, Colombo Dockyard, Commercial Bank, Aitken Spence and NDB, while turnover was led by Sampath, John Keells and Vallibel Finance.

Consumer & Retail sector: what is happening

Last 14 days to Sep 30, 2026

Consumer retail faced pressure from accelerating food, transport and housing inflation, with petrol a major contributor to the rise in national prices and purchasing power weakened by higher energy costs and tax hikes. Wholesale and retail activity nevertheless helped drive faster services-sector expansion in August. Specialist retail also consolidated as Blink International acquired Wrist Lab, combining retail, distribution and after-sales networks.

Auto-generated from 8 sector news articles over 14 days. Not investment advice.