The Colombo ASPI fell 0.6% to 20,817.82, sliding to a six-month low as losers (163) outpaced winners (31) and turnover barely topped Rs.1bn. Top decliners and contributors to the drop included Dialog, Commercial Bank, Overseas Realty, Singer, Tokyo Cement and Ceylinco, while John Keells closed flat.
Property & Construction · Construction Materials
Tokyo Cement Company (Lanka) PLC manufactures cement and related building materials for the Sri Lankan market, producing Portland cement, pozzolana cement, masonry cement and ready mixed concrete.
TKYO shares are down 9.4% over the past year and last closed at Rs 80.60 on Sep 30, 2026.
Monthly seasonality
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -1.8 | -2.7 | -17.6 | +7.0 | -6.5 | +0.0 | -7.9 | -3.8 | +3.3 | +0.0 | +0.0 | +0.0 |
| 2025 | +13.8 | -0.1 | -0.5 | -5.7 | -5.3 | +8.3 | +9.0 | +8.4 | -0.9 | -3.3 | +5.4 | +23.2 |
| 2024 | +0.0 | +3.3 | +8.8 | +3.5 | +0.0 | -6.5 | -2.0 | -7.1 | +9.5 | +12.4 | +5.4 | +19.2 |
| 2023 | +15.2 | +2.4 | +29.8 | -9.3 | -10.5 | +21.0 | +14.5 | +1.2 | +5.8 | -10.5 | -5.1 | -2.1 |
| 2022 | -0.2 | -12.8 | -42.2 | -11.7 | -9.4 | -2.5 | -3.0 | +44.9 | +21.6 | -17.5 | +3.0 | -2.9 |
| 2021 | +10.8 | -13.1 | -8.6 | +4.5 | +1.0 | -6.5 | -1.7 | -21.4 | -1.0 | +2.0 | +0.2 | +15.5 |
| 2020 | -6.2 | -26.7 | -32.4 | +0.0 | +0.0 | +20.1 | +12.5 | +11.1 | +25.8 | +19.5 | +1.6 | +18.8 |
| 2019 | -6.0 | -0.9 | -10.7 | +3.8 | +2.8 | +3.2 | +39.7 | +1.9 | +5.2 | +35.6 | +12.7 | -7.6 |
| 2018 | +1.5 | -12.7 | -4.3 | -1.8 | -11.3 | -28.3 | +2.9 | -13.9 | -11.3 | -5.5 | +0.0 | -3.8 |
| 2017 | -2.5 | +6.9 | -1.6 | +14.9 | +10.3 | -1.7 | +1.3 | -6.5 | -2.5 | +2.6 | -5.6 | -2.9 |
| 2016 | -14.3 | -19.3 | +9.1 | +12.4 | -4.1 | +2.3 | +10.3 | +26.0 | +5.6 | +1.2 | +0.7 | -2.5 |
| 2015 | +2.6 | -8.4 | -10.0 | +2.0 | -4.1 | -8.8 | +10.2 | +1.7 | -8.9 | -4.0 | +3.1 | -1.0 |
| 2014 | +23.9 | -2.0 | +4.6 | +6.4 | +7.0 | +1.0 | +4.8 | +10.1 | +15.2 | +9.0 | -0.3 | +8.0 |
| 2013 | -5.6 | -10.7 | -2.5 | +2.1 | +7.9 | -3.5 | +4.4 | -8.8 | -2.1 | +15.5 | -2.2 | +8.4 |
| 2012 | +0.0 | +0.0 | +0.0 | -2.7 | -21.1 | +5.3 | -6.4 | +0.0 | +3.6 | -5.5 | -1.1 | +5.5 |
| Average | +2.2 | -6.9 | -5.6 | +1.8 | -3.1 | +0.2 | +5.9 | +2.9 | +4.6 | +3.7 | +1.3 | +5.4 |
| 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 | -0.1 | -5.6 | -3.4 | +2.8 | -4.1 | +0.0 | +4.4 | +1.2 | +3.6 | +1.6 | +0.4 | +2.3 |
| % up | 43% | 21% | 29% | 64% | 36% | 47% | 67% | 53% | 60% | 57% | 57% | 50% |
Fundamentals
| Line | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | Rs 61.0B +21.8% | Rs 50.1B +0.6% | Rs 49.8B -11.8% | Rs 56.5B +7.6% | Rs 52.5B +22.2% | Rs 42.9B +20.1% | Rs 35.8B -6.9% | Rs 38.4B +8.2% |
| Operating profit | Rs 4.7B -12.1% | Rs 5.4B +10.5% | Rs 4.9B -58.6% | Rs 11.8B +147.8% | Rs 4.8B -24.4% | Rs 6.3B +40.2% | Rs 4.5B +134.9% | Rs 1.9B -44.3% |
| Net profit | Rs 2.6B -25.4% | Rs 3.5B +42.8% | Rs 2.4B -51.5% | Rs 5.0B turned profitable | Rs -452.9M fell into loss | Rs 5.4B +133.3% | Rs 2.3B turned profitable | Rs -463.8M fell into loss |
| EPS | 5.83 -25.5% | 7.83 +42.9% | 5.48 -56.0% | 12.44 | -1.00 | 13.53 +134.1% | 5.78 | -1.20 |
Compared with the same period a year earlier.
Per-share figures are as reported, not adjusted for splits.
Recent dividends
- 2026 · first and finalRs 2.50
- 2025 · first and finalRs 2.25
- 2024 · first and finalRs 2.00
- 2023 · first interimRs 1.50
- 2021Rs 2.10
- 2021 · finalRs 0.85
- 2021Rs 2.10
- 2021 · first interimRs 1.25
| # | Company | Price | Mkt cap | P/E | P/B | EPS | ROE | Div Yield |
|---|---|---|---|---|---|---|---|---|
| 1 | TKYO.N0000 · this company | 80.60 | Rs 32.5B | 14.0 | 1.10 | 5.75 | 7.88% | 3.10% |
| 2 | ALUM.N0000 | 15.90 | Rs 9.5B | 9.6 | 1.77 | 1.65 | 18.44% | 2.96% |
| 3 | CIND.N0000 | 201.50 | Rs 4.9B | 7.0 | 0.99 | 28.83 | 14.14% | 2.98% |
| 4 | LALU.N0000 | 36.90 | Rs 2.5B | 9.5 | 0.82 | 3.89 | 8.65% | 3.39% |
| Peer median · 3 companies | - | - | 9.5 | 0.99 | - | - | 2.98% |
About Tokyo Cement Company (Lanka) PLC
Tokyo Cement Company (Lanka) PLC manufactures cement and related building materials for the Sri Lankan market, producing Portland cement, pozzolana cement, masonry cement and ready mixed concrete. The Group also supplies value-added dry mortar products and operates a nationwide distribution and dealer network. The company operates Sri Lanka’s first automated cement factory and maintains the only ISO certified cement and concrete testing laboratory in the country; it has also developed renewable energy capacity through biomass and large-scale dendro power plants. Tokyo Cement describes itself as a market leader in ready mixed concrete and in value-added dry mortar products and positions its activities as part of a broader value chain supporting the local construction industry. Operations and outreach are focused in Sri Lanka, where the Group engages in community and environmental programmes alongside its manufacturing and energy activities.
AI analysis
neutralTokyo Cement is growing sales strongly, but higher costs and below-the-line charges are keeping profit under pressure. The latest quarter points to recovery in demand without a matching earnings recovery.
Read the full report (Aug 9, 2026) →News sentiment
Describes news flow, not a forecast1 article in 30 days: 0 positive, 1 negative, 0 neutral.
Tokyo Cement Company (Lanka) PLC's ready-mix unit TOKYO SUPERMIX won three awards at the Sri Lankan Sustainability Awards 2026 for Sustainable RMC Brand, Sustainable Green Material Innovation and Sustainable Manufacturing Facility, highlighting its sustainability leadership in ready-mix concrete.
Tokyo Cement (TKYO) posted 1Q (ended 30 June 2026) turnover of Rs.15.8bn and PAT of Rs.635m, with turnover rising YoY but profitability pressured by higher raw material, insurance and freight costs. The Group said it maintains a conservative short- to medium-term outlook and has 4.0m MT capacity.
Tokyo Cement Group reported Q1 (ended 30 Jun 2026) turnover of Rs.15,836m and PAT of Rs.635m (vs turnover Rs.12,544m and PAT Rs.668m a year earlier). Revenue rose on renewed construction activity, but profitability was squeezed by higher raw material, insurance and freight costs amid geopolitical-driven energy and FX pressures.
Colombo Stock Exchange closed higher, the ASPI rose 0.20% (41.92 pts) to 21,229.14 and turnover was Rs 2.02bn with retail leading at Rs 1.04bn. SANASA Life said escrow proceeds were released and invested in government securities, and Odel restarted construction on Zone 1 of its mall with completion expected in 1.5-2 years.
Colombo market extended its rebound as the ASPI rose 0.24% (49.81 pts) to 21,199.37 and the S&P SL20 gained 0.22% to 5,945.87, with turnover about Rs.1.1bn and foreigners net sellers of Rs.188.6m. Top contributors included HNB, CARS, CINS, NDB and TKYO; NDB, SAMP and PKME gained while MELS fell and JKH closed flat.
Sri Lanka Corporate Director Summit 2026 ('Future-Ready Sri Lankan Directors') kicks off today at Cinnamon Grand Colombo, fully sold out and featuring local and international business leaders, including Tokyo Cement Chairman Dr. Harsha Cabral.
The Sri Lanka Corporate Director Summit 2026 will be held on 22 July 2026 at the Cinnamon Grand Colombo under the theme 'Future-Ready Sri Lankan Directors: From Compliance to Sustainable Growth.' Key speakers include Kalpana Morparia and local governance leaders such as Dr. Harsha Cabral (Chairman, Tokyo Cement) and Harsha Amarasekera (Chairman, CIC Holdings and Sampath Bank).
Colombo Stock Exchange ASPI fell 0.45% midday to 22,309.09 with turnover of 951.8 million rupees, utilities contributing 448.6 million. Convenience Foods Lanka authorized an 8.00 rupee first-and-final dividend and Tokyo Cement proposed a 2.50 rupee first-and-final dividend.
Property & Construction sector: what is happening
Last 14 days to Sep 30, 2026Property 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.
The stories behind it
Auto-generated from 12 sector news articles over 14 days. Not investment advice.