Manufacturing · Textiles
Teejay Lanka PLC is a Sri Lanka‑based integrated knit‑fabric manufacturer and fabric solutions provider operating across South Asia, North Africa and Southeast Asia.
TJL shares are down 28.5% over the past year and last closed at Rs 29.90 on Sep 30, 2026.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -1.7 | +9.3 | -26.3 | +13.7 | +1.0 | +2.5 | -6.7 | +1.0 | -2.6 | +0.0 | +0.0 | +0.0 |
| 2025 | +4.4 | -0.9 | -5.4 | -8.0 | +2.3 | -1.5 | +1.9 | -7.7 | -5.8 | -4.5 | -6.3 | -6.7 |
| 2024 | -0.8 | +3.3 | +0.8 | +0.0 | +4.0 | +3.8 | -1.2 | -1.2 | +3.0 | +4.4 | +2.4 | +19.8 |
| 2023 | +11.5 | -1.9 | -8.8 | +5.6 | -14.7 | +5.2 | +14.4 | -0.6 | +2.9 | -4.8 | +2.9 | +3.7 |
| 2022 | +16.2 | -14.1 | -11.0 | -1.3 | +3.9 | -2.5 | +15.4 | -2.4 | -13.4 | -12.9 | -1.8 | -0.6 |
| 2021 | +16.8 | -8.5 | -1.7 | -1.2 | +1.3 | -3.7 | +9.9 | -4.3 | +9.4 | -4.1 | +0.0 | +3.3 |
| 2020 | -2.9 | -11.4 | -34.3 | +0.0 | +0.0 | +12.6 | -1.7 | +0.7 | +16.3 | -15.5 | +20.7 | +7.0 |
| 2019 | +7.7 | -8.6 | -5.3 | -0.3 | +1.3 | +6.2 | +16.3 | -2.1 | -3.5 | +16.5 | +3.4 | -5.3 |
| 2018 | +5.9 | -10.3 | -0.9 | -0.6 | -2.5 | +0.0 | +4.2 | -3.1 | -8.0 | +11.1 | +0.0 | +1.6 |
| 2017 | -5.9 | -1.5 | -6.3 | +10.8 | +0.0 | +2.4 | -2.1 | -1.9 | -3.2 | -1.8 | -3.9 | -7.6 |
| 2016 | -7.3 | -6.4 | +2.9 | +8.5 | -0.9 | +4.4 | +5.9 | +7.1 | +17.0 | -4.6 | -3.3 | -2.5 |
| 2015 | +11.7 | +7.8 | -3.2 | +13.7 | +7.0 | -4.1 | +8.9 | +4.9 | -1.9 | +4.1 | +5.8 | +2.9 |
| 2014 | +8.6 | -6.7 | +2.6 | +11.4 | +5.7 | +2.2 | +6.8 | -4.9 | +3.1 | +0.5 | -1.0 | +4.0 |
| 2013 | +3.4 | -2.2 | +10.0 | +16.2 | +4.3 | +1.7 | +6.6 | +4.6 | +8.1 | +8.8 | -8.1 | +3.4 |
| 2012 | +0.0 | +0.0 | +0.0 | +11.1 | -7.5 | +8.1 | +0.0 | -1.2 | +24.1 | -13.3 | +0.0 | +4.7 |
| Average | +4.8 | -3.7 | -6.2 | +5.7 | +0.4 | +2.5 | +5.2 | -0.7 | +3.0 | -1.1 | +0.8 | +2.0 |
| 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 | +5.1 | -4.3 | -4.3 | +7.0 | +1.3 | +2.4 | +5.9 | -1.2 | +2.9 | -2.9 | +0.0 | +3.1 |
| % up | 64% | 21% | 29% | 57% | 64% | 67% | 67% | 33% | 53% | 43% | 36% | 64% |
| Line | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | Rs 60.0B -10.4% | Rs 67.0B +10.4% | Rs 60.7B -27.7% | Rs 84.0B +69.5% | Rs 49.6B +56.0% | Rs 31.8B -4.5% | Rs 33.3B +4.8% | Rs 31.7B +28.8% |
| Operating profit | Rs 442.3M -90.3% | Rs 4.6B +105.6% | Rs 2.2B -32.8% | Rs 3.3B +28.1% | Rs 2.6B +5.4% | Rs 2.4B -10.5% | Rs 2.7B +16.4% | Rs 2.3B +29.5% |
| Net profit | Rs 53.1M -98.1% | Rs 2.8B +151.7% | Rs 1.1B -47.8% | Rs 2.1B -16.0% | Rs 2.5B +18.3% | Rs 2.1B -10.2% | Rs 2.4B +28.3% | Rs 1.9B +16.5% |
| EPS | 0.07 -98.1% | 3.88 +150.4% | 1.55 -47.8% | 2.97 -16.2% | 3.54 +16.5% | 3.04 -10.6% | 3.40 +28.3% | 2.65 +16.2% |
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 | TJL.N0000 · this company | 29.90 | Rs 21.6B | - | 0.64 | -0.88 | -1.86% | 7.83% |
| 2 | MGT.N0000 | 25.70 | Rs 10.7B | 25.4 | 0.79 | 1.01 | - | 1.87% |
| Sector median · 29 companies | - | - | 12.0 | 1.63 | - | - | 2.05% |
Teejay Lanka PLC is a Sri Lanka‑based integrated knit‑fabric manufacturer and fabric solutions provider operating across South Asia, North Africa and Southeast Asia. The Group produces weft‑knit fabrics and has expanded its technical capabilities to include lace dyeing, yarn dyeing and synthetic fabric production to service branded apparel customers in Europe, the United States and Asia. The Group's operations comprise large‑scale manufacturing facilities across Sri Lanka and India and an operational footprint that includes India, Bangladesh, Egypt, Indonesia and an investment and trading arm in Mauritius. Operational discipline is driven by a Group-wide Teejay Operating System (TOS) and a unified Quality Management System (QMS) focused on speed, cost discipline, product quality and on‑time delivery. Teejay invests in product and process innovation through its INSCOPE innovation centre and external research partnerships, emphasising advanced yarns, eco‑friendly dyes and technical fabrics. Named subsidiaries referenced in the Group structure include Teejay India (Private) Limited, Teejay Lanka Prints (Private) Limited, Teejay Mauritius (Private) Limited and Nubian Threads (Private) Limited (Egypt).
Teejay has fallen into a sharp operating loss, with Q1 net loss of LKR 480 million and gross margin at 2.0%. A low price-to-book ratio and dividend history provide support, but earnings deterioration dominates.
Read the full report (Aug 17, 2026) →No scored news in the last 30 days.
Colombo Stock Exchange traded lower on Thursday morning with the ASPI down 0.09% (19.83 pts) to 21,446.17 and the S&P SL20 at 6,033.71. Market turnover was LKR 161.13m, led by banks (LKR 75.31m); ACL, Teejay and Cargills Bank were top positives while Melstacorp, Royal Ceramics, Hemas and Dipped Products were top negatives.
Teejay Group reported revenue of LKR 15.64 billion in Q1 FY2026/27 (ended 30 Jun 2026), a 1% YoY decline, and a net loss of LKR 0.48 billion versus a profit a year earlier. Gross profit fell 75% to LKR 0.3 billion; the group held LKR 10.6 billion cash and NAV per share of LKR 47.08.
Colombo Stock Exchange closed higher as the ASPI rose 0.14% (29.77 pts) to 21,447.57 and the S&P SL20 gained 0.29% to 6,006.07, with market turnover Rs 1.49bn and banks leading turnover at Rs 74.9m. Bukit Darah declared a first interim dividend of Rs 5.73 per share, entitlement July 27, 2026.
UN Global Compact Network Sri Lanka hosted CATALYZE 2026: Environment, a two-day forum on corporate environmental sustainability; Sampath Bank was main partner and listed firms including Dilmah, Teejay Lanka, Hayleys, Talawakelle, Commercial Bank and Kelani Valley participated as partners or patrons.
Colombo market extended losses as the ASPI fell 1.03% for the week to 22,178.73 and the S&P SL20 fell 0.85% to 6,194.22. Market turnover topped Rs.1.5bn with foreigners net sellers of Rs.157.9m and notable moves from SAMP, CINS, JKH, RCL (weak) and DIAL, BUKI, CARS, AEL, COMB (positive/active).
Colombo Stock Exchange closed down as the ASPI fell 0.19% (43.18 points) to 22,178.73 on turnover of Rs.1.54 billion. Asia Asset Finance announced GM and rights timetable and Associated Motor Finance said its merger with L B Finance will become effective by 31 July 2026.
Teejay Lanka reported PAT of Rs. 54.7m, a 98% YoY decline, on revenue of Rs. 60.04bn (‑10% YoY) as weak global textile demand, US tariffs, pricing pressure and lower volumes hit margins. Cash was Rs. 8.3bn and NAV/share rose to Rs. 44.91 despite restructuring costs and provisions.
Teejay Lanka (TJL.N0000) reported PAT of LKR 54.7 million, a 98% YoY decline, on revenue of LKR 60.04 billion (-10% YoY) and gross profit down 36%. The deterioration was driven by weak global textile demand, US reciprocal tariffs, pricing pressure, lower volumes and higher rupee‑denominated costs; cash stood at LKR 8.3bn and NAV/share rose to LKR 44.91.
ASPI fell 0.75% (166.55 pts) to 22,011.10, extending losses to a third session with turnover over Rs.2bn and foreigners net sellers of Rs.410.26mn. Negative contributors included Dialog, Sampath, Ceylon Beverage, Ceylon Cold Stores and Colombo Dockyard; Teejay Lanka, John Keells and Commercial Bank led turnover.
The EPF's listed equity portfolio rose 27% to Rs. 188.85 billion at end-2025. The fund cut holdings from 65 to 59, fully exited six counters (Cargills Bank, Ceylon Hotels, Colombo Dockyard, Jetwing Symphony, LAUGFS Gas, Sierra Cables) and added Hemas (40m shares); gains were led by banks and diversified stocks.
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.