Lanka Tiles PLC

TILE.N0000Undervalued

Property & Construction · Building Products

Lanka Tiles PLC manufactures and sells glazed ceramic floor tiles and related value-added products, including porcelain, mosaic and specialised tile categories.

TILE shares are down 21.7% over the past year and last closed at Rs 40.70 on Sep 30, 2026.

Rs 40.70
-0.49%
Price history
-21.73%

Monthly seasonality

Monthly total returns by year and calendar month
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026+3.2-3.1-8.8+0.9+0.2-3.9-2.3-2.3-2.1+0.0+0.0+0.0
2025-2.1-2.1-9.5+4.3-3.8+9.8-0.7-4.0-2.4+1.9-5.7-0.2
2024+3.5+14.1+1.4+2.9-5.6+5.4-5.5-4.0+7.5-0.6-0.6+14.7
2023-3.2-4.2+1.2-0.7-8.6+20.3+3.4-6.3+1.5-7.1-1.2+0.5
2022+7.0-12.7-55.3-5.4+2.5-8.3-7.1+36.8+32.3-21.5-10.9-3.5
2021+103.4-30.3-8.5+21.3+20.2-8.8+15.0+19.1+1.5+28.1+15.2+7.6
2020-4.0-0.7-26.5+0.0+0.0+11.9+6.7+7.6+22.0-7.2+31.3+27.0
2019+2.7-6.5-2.8-0.6-0.9+8.7+0.0-6.9-4.0+4.5+14.3-3.6
2018+1.9-3.5-3.7+6.5-10.4-2.1+4.3-1.0-16.7+0.0-2.5-3.8
2017-3.7+9.0+0.0+1.8-1.7+4.3+5.0-1.6-1.1-3.5-1.9-0.9
2016-9.4+2.3-1.5+13.3+2.6-11.0+8.1+0.4-4.4-5.6-2.0-0.1
2015-2.3-5.1+3.9-0.9+13.7-8.7+11.0-4.1-2.6+2.7-7.8+2.9
2014+18.1-6.4-2.3+21.5-5.4+3.3+5.7+4.4+10.7-1.6+0.7+1.1
2013+2.9-1.3+5.3-9.4+27.0-0.1-6.1-8.0-1.3+7.0-4.0+0.1
2012+0.0+0.0+0.0-5.8-0.5+3.3-6.3+0.7+24.6-15.0+5.6-2.1
Average+8.4-3.6-7.7+3.6+2.1+1.6+2.1+2.1+4.4-1.3+2.2+2.8
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+2.3-3.3-2.6+1.3-0.7+3.3+3.4-1.6-1.1-1.1-1.5+0.0
% up57%21%29%57%43%53%53%40%47%36%36%50%
P/E
8.6
P/B
0.66
EPS
Rs 4.75
Div Yield
4.18%
Market Cap
Rs 10.8B
Beta
0.64
ROE
7.8%
Op Margin
5.5% (+0.9pp)

Fundamentals

LineFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Revenue
Rs 12.7B
-3.6%
Rs 13.2B
-18.4%
Rs 16.1B
-13.7%
Rs 18.7B
+28.1%
Rs 14.6B
+15.6%
Rs 12.6B
+88.6%
Rs 6.7B
-4.5%
Rs 7.0B
+14.4%
Operating profit
Rs 910.1M
-31.9%
Rs 1.3B
-68.8%
Rs 4.3B
-19.2%
Rs 5.3B
+16.5%
Rs 4.5B
+63.8%
Rs 2.8B
+170.3%
Rs 1.0B
+36.6%
Rs 751.9M
-31.6%
Net profit
Rs 1.2B
+6.4%
Rs 1.1B
-62.7%
Rs 2.9B
-21.2%
Rs 3.7B
-10.3%
Rs 4.1B
+67.7%
Rs 2.5B
+321.2%
Rs 581.9M
+10.2%
Rs 528.0M
-47.4%
EPS
4.45
+4.7%
4.25
-61.3%
10.98
-21.0%
13.90
-10.3%
15.50
+67.8%
9.24
-15.8%
10.97
+10.3%
9.95
-47.4%

Compared with the same period a year earlier.

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

Recent dividends

  • 2026 · finalRs 0.20
  • 2026 · first interimRs 1.50
  • 2025 · finalRs 0.40
  • 2025Rs 1.70
  • 2024 · finalRs 0.70
  • 2024 · first interimRs 5.00
  • 2023 · finalRs 1.10
  • 2023 · first interimRs 6.50
Peer comparison3 peers in Property & Construction
RCL.N0000 · same group, not in the median
Rs 45.70
P/E
6.7
P/B
0.90
ROE
13.60%
Yield
4.38%
LWL.N0000 · same group, not in the median
Rs 43.50
P/E
17.8
P/B
0.52
ROE
2.98%
Yield
5.52%
PARQ.N0000 · same group, not in the median
Rs 80.10
P/E
10.2
P/B
2.70
ROE
26.53%
Yield
2.62%
TILE.N0000 · this company
Rs 40.70
P/E
8.6
P/B
0.66
ROE
7.83%
Yield
4.18%
Sector median · 32 companies
P/E 10.2P/B 1.09Yield 2.39%

About Lanka Tiles PLC

Lanka Tiles PLC manufactures and sells glazed ceramic floor tiles and related value-added products, including porcelain, mosaic and specialised tile categories. The Company markets a diversified product portfolio designed for domestic retail, distribution and selected export markets, and has introduced new SKUs across porcelain, mosaic and specialised segments. The Group operates across manufacturing, trading, investments and property development and lists several subsidiaries including LTL Development Ltd, Lanka Swisstek (Pvt) Ltd, Swisstek (Ceylon) PLC, Beyond Paradise Collection Ltd, Swisstek Development Ltd, Swisstek Aluminium Ltd, Swisstek Investment (Pvt) Ltd and CP Holding (Pvt) Ltd. Lanka Tiles serves domestic customers through an expanded showroom and distribution network and pursues export opportunities in markets including the USA, Australia, India, Maldives, Oman and selected African regions; the Group discontinued its US venture, Valley View Ceramics LLC, during the year. The Company emphasises product innovation, showroom enhancement, operational efficiency and sustainability initiatives, including energy optimisation, process improvements and inventory management, as part of its strategy to strengthen competitiveness and support export and premium product development.

AI analysis

neutral

Lanka Tiles' latest quarter grew net profit 70.9% despite a 9.5% revenue decline. The improvement came mainly below the operating line, while the share remains near its yearly low.

Read the full report (Aug 8, 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
Mar 25: 1 articles, net -1.00Apr 25: 2 articles, net +0.83May 25: 2 articles, net -0.50Jun 25: 1 articles, net +1.00Mar 26: 1 articles, net -1.00May 26: 1 articles, net -1.00Jun 24Oct 24Feb 25Jun 25Oct 25Feb 26
Recent news
View all news →
Ada Derana·Jul 16, 2026·Award or certification
23rd Annual Geoffrey Bawa Memorial Lecture with Junya Ishigami

Lanka Tiles is supporting the 23rd Annual Geoffrey Bawa Memorial Lecture, delivered by architect Junya Ishigami, on 23 July in Colombo; admission is free but registration is required.

Construction Activity
Ada Derana·Jul 3, 2026·Promotional / marketingPositive
LANKATILES Launches Sri Lanka's First Solar Reflective COOL ROOFTOP TILE®

LANKATILES PLC launched Sri Lanka's first COOL ROOFTOP TILE®, a solar-reflective roof tile with an independently verified Solar Reflectance Index (SRI) above 96. The product, unveiled at a media event, is aimed at reducing rooftop heat gain for residential buildings.

Construction Activity
Daily FT·Nov 4, 2025·Management or board change
Harsha Amarasekera joins Lanka Tiles, Lanka Walltiles Boards

Lanka Tiles PLC has appointed Harsha Amarasekera as a Non-Executive Director; he also joins the board of Lanka Walltiles PLC. Amarasekera is an experienced attorney and currently holds leadership roles at Sampath Bank, CIC Holdings, Swisstek, Vallibel Power Erathna and Royal Ceramics.

Ada Derana·Oct 29, 2025·Promotional / marketingPositive
CFW Introduces Couture + Trousseau: A New Season in November 2025

Colombo Fashion Week will introduce a new Couture + Trousseau season in November 2025 focused on bridal and destination-wedding fashion; Nations Trust Bank, Cinnamon Grand and Lanka Tiles are named partners for the season.

Tourism
Daily FT·Aug 12, 2025·Market commentaryPositive
CSE starts fresh week with mixed sentiments

ASPI rose 96.45 points (0.49%) to close at 19,923 as the CSE opened with mixed sentiment; foreigners were net sellers with a net outflow of Rs.117.2m. Banking led turnover (25%) while Capital Goods and Diversified Financials together contributed 28% of turnover.

EconomyNext·Aug 4, 2025·Award or certificationPositive
Sri Lanka’s Top 100 Most Valuable Brands by BrandFinance

Brand Finance published Sri Lanka's 100 Most Valuable Brands for 2025, ranking Bank of Ceylon top with a brand value of Rs.57,411m; Commercial Bank, Dialog and People’s Bank follow the top positions. The list covers firms across banking, telecoms, FMCG, healthcare, hospitality and other sectors.

Consumer Staples (FMCG)Healthcare & PharmaTourismIT & Digital
Daily FT·Jun 12, 2025·Market commentaryPositive
ASPI’s YTD return tops 10% mark as CSE sustains upward march

ASPI rose 0.9% to lift its YTD return to 10.74% as turnover reached Rs.5.68 billion led by LVEF (Rs.500m), RCL (Rs.304m) and TILE (Rs.269m), with banking and capital‑goods/construction counters among the session’s key drivers.

Property & Construction sector: what is happening

Last 14 days to Sep 30, 2026

Property and construction faced a mixed policy backdrop: the proposed property tax was deferred from the 2027 Budget, while TIN certification becomes mandatory from 1 November for building-plan approvals and land registration, adding a compliance step to transactions. Public construction activity progressed through the Muthurajawela fuel-terminal contract and planned hospital infrastructure projects. Construction services exports fell in August.

Auto-generated from 12 sector news articles over 14 days. Not investment advice.