Banks & Finance · Financial Conglomerates
Ambeon Capital PLC is an investment and holding company that manages a diversified portfolio through its principal operating subsidiary, Ambeon Holdings PLC.
TAP shares are down 2.6% over the past year and last closed at Rs 29.60 on Sep 30, 2026.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +3.5 | -6.3 | -15.8 | +9.2 | -4.5 | -2.9 | -8.2 | +0.7 | -2.6 | +0.0 | +0.0 | +0.0 |
| 2025 | +36.3 | -11.5 | -13.0 | -1.9 | +3.5 | -7.6 | +13.1 | +15.9 | +1.6 | +44.6 | -6.4 | -9.5 |
| 2024 | -2.7 | -4.1 | +4.3 | +68.5 | +11.4 | +0.0 | -8.8 | -4.0 | +8.3 | +10.8 | +33.3 | +29.2 |
| 2023 | +9.1 | -13.0 | -4.3 | +7.8 | -6.2 | +13.2 | +0.0 | -8.7 | -3.2 | -17.6 | +4.0 | -3.8 |
| 2022 | -7.2 | -14.3 | -55.6 | -14.1 | +21.8 | -10.4 | +15.0 | +47.8 | +41.2 | -36.1 | -4.3 | +12.5 |
| 2021 | +4.8 | -16.9 | -9.3 | +6.1 | +9.6 | -1.8 | +35.7 | +161.8 | -20.6 | +11.4 | +13.6 | -9.5 |
| 2020 | -11.8 | -22.2 | -11.4 | +0.0 | +0.0 | +33.3 | +15.0 | -8.7 | +35.7 | -8.8 | +15.4 | +3.3 |
| 2019 | -2.4 | -7.3 | -2.6 | +2.7 | -7.9 | +11.4 | +12.8 | +11.4 | -8.2 | +4.4 | +6.4 | +2.0 |
| 2018 | -3.6 | +7.5 | -7.0 | -3.8 | -5.9 | +4.2 | +0.0 | -14.0 | +4.7 | +2.2 | -8.7 | +0.0 |
| 2017 | -11.1 | -12.5 | +14.3 | +7.5 | +9.3 | +2.1 | +37.5 | -19.7 | +5.7 | +7.1 | -13.3 | +5.8 |
| 2016 | -4.5 | -9.5 | +5.3 | +15.0 | -8.7 | -4.8 | +7.5 | +2.3 | +6.8 | +0.0 | -12.8 | +9.8 |
| 2015 | -2.2 | +0.0 | -11.1 | +2.5 | +9.8 | -6.7 | +7.1 | +15.6 | +1.9 | +5.7 | -7.1 | -15.4 |
| 2014 | +3.6 | -10.3 | -3.8 | +8.0 | +3.7 | -3.6 | +3.7 | +60.7 | +13.3 | -7.8 | -4.3 | +2.2 |
| 2013 | -4.2 | -2.2 | -4.4 | +11.6 | +4.2 | -2.0 | -8.2 | -11.1 | -2.5 | -15.4 | -9.1 | -6.7 |
| 2012 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | -17.3 | -11.6 | +42.1 | -1.9 | -9.4 | -6.3 | +6.7 |
| Average | +0.5 | -8.8 | -8.2 | +9.2 | +3.1 | +0.5 | +7.4 | +19.5 | +5.3 | -0.6 | +0.0 | +1.9 |
| 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 | -2.5 | -9.9 | -5.7 | +7.5 | +3.7 | -2.0 | +7.1 | +2.3 | +1.9 | +1.1 | -5.3 | +2.1 |
| % up | 36% | 7% | 21% | 77% | 62% | 33% | 60% | 60% | 60% | 50% | 36% | 57% |
| Line | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Total income | Rs 19.3B +11.7% | Rs 17.3B +2.0% | Rs 17.0B -17.9% | Rs 20.7B +47.4% | Rs 14.0B -22.9% | Rs 18.2B -8.9% | Rs 20.0B +12.6% | Rs 17.7B +40.9% |
| Operating profit | - | Rs 1.3B -69.6% | Rs 4.1B +28.8% | Rs 3.2B | - | - | Rs 1.8B -6.0% | Rs 1.9B |
| Net profit | Rs 3.2B +103.1% | Rs 1.6B -32.7% | Rs 2.4B +181.4% | Rs 841.0M -56.8% | Rs 1.9B turned profitable | Rs -2.3B fell into loss | Rs 243.7M -52.5% | Rs 513.2M +34.3% |
| EPS | 2.42 +132.7% | 1.04 -35.4% | 1.61 +847.1% | 0.17 -89.5% | 1.62 | -1.92 | -0.04 | 0.05 -66.7% |
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 | CINS.N0000 | 2,820.00 | Rs 66.0B | 7.2 | 0.69 | 391.65 | 9.53% | 1.81% |
| 2 | TAP.N0000 · this company | 29.60 | Rs 30.3B | 12.2 | 3.66 | 2.42 | 17.80% | 3.38% |
| 3 | JXG.N0000 | 10.00 | Rs 23.0B | - | 1.51 | - | - | 0.00% |
| 4 | SCAP.N0000 | 9.70 | Rs 9.5B | 8.7 | - | 1.11 | - | 0.00% |
| Peer median · 3 companies | - | - | - | - | - | - | 0.00% |
Ambeon Capital PLC is an investment and holding company that manages a diversified portfolio through its principal operating subsidiary, Ambeon Holdings PLC. The Company allocates capital across a mix of operating clusters and strategic investments, focusing on liquidity management, capital recycling and value creation across cycles. Its core operating clusters include information technology services (notably MillenniumIT ESP), financial services (including Sherwood Capital, Ambeon Securities and Taprobane Investments/Taprobane Capital Plus), real estate and diversified investments through Colombo City Holdings PLC, and a centralised Group Treasury that manages liquidity and strategic equity investments. The group has also held interests in porcelain tableware manufacturing (Dankotuwa Porcelain PLC, now classified as an associate with a 22.1% holding) and has pursued export-aligned projects such as the Taprobane Minerals Project in partnership with UK-listed Capital Metals PLC. The Company’s activities are principally connected to Sri Lanka, while its technology arm, MillenniumIT ESP, has expanded regionally into Southeast Asia, the Middle East and Australia. Ambeon Capital’s platform combines operating businesses and treasury-led investments to manage and deploy capital across sectors and geographies mentioned in its reporting.
Ambeon Capital's June quarter fell to a LKR 553 million loss despite higher revenue. A proposed equity raising offers balance-sheet relief, but the latest operating performance and valuation remain weak.
Read the full report (Sep 2, 2026) →No scored news in the last 30 days.
Ambeon Capital PLC said it signed MOUs with Sincere Syndication and Avyukthi to open investment desks in Colombo and Chennai and to launch a Sri Lanka-focused fund (in partnership with Sincere's Bharat Transformation Fund) to channel cross-border capital into listed and private Sri Lankan companies.
Ambeon Capital PLC signed an MoU with Chennai-based Sincere Syndication and Avyukthi to open India-Sri Lanka investment desks in Colombo and Chennai and to work on launching a dedicated Sri Lanka fund. The desks will facilitate cross-border deal origination, screening, investor introductions and transaction support across listed equities, private equity, credit, real estate and fixed income.
Ambeon Capital PLC will raise up to Rs.4.0 billion via a Rights Issue of up to 100 million shares at Rs.32 (up to Rs.3.2bn) and a contingent private placement of up to 25 million shares at Rs.32 (up to Rs.800m). Proceeds are intended to reduce gearing and fund new equity investments; both offers require CSE and shareholder approvals.
Rights issue · 1:10 at Rs 32.00
Rights issue (1:10) at LKR 32/share
Industrial Asphalts sold 1,800,693,010 shares (48.03% control) to Arcasia Investment & Trading and ATX Partners (agreement dated July 7); trading was halted and the stock last traded at 50 cents.
Ambeon Capital PLC reported consolidated PAT of LKR 3,242 million for FY2025/26, up 104% YoY. Group revenue was LKR 19 billion (+12%), with strategic moves including increased stakes in DFCC (9.91%) and Seylan (9.93%), a 13.33% holding in Ceylon Hotels and a planned controlling stake in Harischandra Mills.
Ambeon Capital's subsidiary Ambeon Essentials closed its mandatory offer for Harischandra Mills with acceptances representing a 51.11% controlling stake at Rs.3,400 per share. The controlling stake was valued at ~Rs.3.34 billion (total equity ~Rs.6.5 billion); Hayleys was the top shareholder with 40.58%.
With 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.
Auto-generated from 45 sector news articles over 14 days. Not investment advice.