EquityLK

Talawakelle Tea Estates Plc

TPL.N0000Undervalued

Plantations & Agriculture · Agricultural Commodities/Milling

Talawakelle Tea Estates PLC (TTEL) is a Sri Lanka-based plantation group focused on the cultivation and manufacture of black tea, operating estates, factories and processing facilities that serve both domestic and international markets.

TPL shares are down 17.8% over the past year and last closed at Rs 141.00 on Sep 30, 2026.

Rs 141.00
-0.18%
Price history
-17.78%

Monthly seasonality

Monthly total returns by year and calendar month
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026-3.4+1.0-10.6+12.2+2.2+2.5-1.3-3.3-2.8+0.0+0.0+0.0
2025+6.3-6.9-2.1+5.0-2.1-0.3+14.9-1.5+10.4-7.3-3.2-7.4
2024+0.9-1.1+4.8+0.0+7.7+16.3-15.1-0.8+5.2-3.4+3.9+13.2
2023-8.1+1.4-9.6+9.1+4.2+1.5+31.3-3.6-3.7-3.0-0.4-2.9
2022+23.7-20.4-19.2+8.3+29.7+4.2+66.7+3.2-1.7-6.7-0.1+1.0
2021+21.8-10.0-6.2+6.1+10.5-0.5+10.2-4.9-0.2+8.3-5.6+12.3
2020+1.3-8.7-7.2+0.0+0.0+4.4-1.7+8.2+21.0+19.8-0.7+1.8
2019+16.8-13.5-2.6-5.5+0.0+1.7+3.6-5.2-2.2+5.6-0.8-1.1
2018+4.2-4.9-8.6+7.4+4.0-8.6-2.7+0.6-3.3-4.8+0.6+4.4
2017+0.0+2.0+3.2+14.1+31.8-5.6+2.6+4.9+1.2+17.8-7.4+4.6
2016-5.1-1.0+9.4+8.6+7.1-6.9+0.9+0.0+0.0-6.8-3.3+0.0
2015+3.9+8.2-2.2-3.0+6.5-3.5-0.3+1.7+1.6-11.8+5.8-9.2
2014+19.2+4.2+1.7-7.6-5.4+1.9+17.0+9.8-4.9+10.6-9.3-0.3
2013+6.3-3.9+6.9-5.3+2.8-9.4-4.8-14.5+5.9+16.1+1.7+2.1
2012+0.0+0.0+0.0-7.9-36.2+29.8-11.5+13.0+80.3-21.2-17.3+11.6
Average+6.8-3.8-3.0+3.0+4.5+1.8+7.3+0.5+7.1+0.9-2.6+2.3
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+4.2-2.5-2.4+5.6+4.1+1.5+0.9+0.0+0.0-3.2-0.8+1.8
% up77%36%36%57%71%53%53%47%47%43%29%62%
P/E
6.9
P/B
0.87
EPS
Rs 20.38
Div Yield
6.60%
Market Cap
Rs 6.7B
Beta
0.29
ROE
12.5%
Op Margin
8.6% (-0.4pp)

Fundamentals

LineFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Revenue
Rs 7.9B
+0.6%
Rs 7.8B
+0.5%
Rs 7.8B
-5.3%
Rs 8.2B
+73.4%
Rs 4.7B
+5.3%
Rs 4.5B
+15.5%
Rs 3.9B
-3.5%
Rs 4.0B
-0.9%
Operating profit
Rs 1.0B
-28.2%
Rs 1.5B
-7.5%
Rs 1.6B
-42.0%
Rs 2.7B
+242.3%
Rs 790.9M
+9.3%
Rs 723.9M
+342.6%
Rs 163.6M
-62.9%
Rs 440.3M
-28.5%
Net profit
Rs 926.1M
-25.0%
Rs 1.2B
-24.9%
Rs 1.6B
-36.3%
Rs 2.6B
+215.5%
Rs 817.4M
+14.8%
Rs 711.7M
+262.1%
Rs 196.6M
-52.4%
Rs 412.7M
-24.6%
EPS
19.50
-25.0%
26.00
-24.9%
34.63
-36.1%
54.21
+216.3%
17.14
+14.4%
14.98
+81.8%
8.24
-51.7%
17.05
-26.2%

Compared with the same period a year earlier.

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

Recent dividends

  • 2027 · second interimRs 0.80
  • 2027 · first interimRs 1.42
  • 2026 · third interimRs 4.60
  • 2026 · second interimRs 1.55
  • 2026 · first interimRs 1.74
  • 2025 · third interimRs 2.40
  • 2025 · second interimRs 2.50
  • 2025 · first interimRs 2.25
Peer comparison9 peers in Plantations & Agriculture
Sector overview Open in screener
1Watawala Plantations PLC
WATA.N0000
Rs 46.40
P/E
19.3
P/B
15.76
ROE
81.75%
Yield
5.39%
2Namunukula Plantations PLC
NAMU.N0000
Rs 66.10
P/E
8.4
P/B
1.27
ROE
15.44%
Yield
3.03%
3Elpitiya Plantations Plc
ELPL.N0000
Rs 175.00
P/E
7.3
P/B
1.18
ROE
16.11%
Yield
4.00%
4Malwatte Valley Plantations Plc
MAL.N0000
Rs 57.00
P/E
36.3
P/B
1.85
ROE
4.91%
Yield
0.21%
5Agalawatte Plantations Plc
AGAL.N0000
Rs 50.10
P/E
9.5
P/B
1.40
ROE
14.80%
Yield
1.50%
6Agarapatana Plantations PLC
AGPL.N0000
Rs 13.50
P/E
21.8
P/B
1.61
ROE
7.58%
Yield
3.70%
7Talawakelle Tea Estates Plc
TPL.N0000 · this company
Rs 141.00
P/E
6.9
P/B
0.87
ROE
12.50%
Yield
6.60%
8Bogawantalawa Tea Estates PLC
BOPL.N0000
Rs 69.90
P/E
10.3
P/B
1.22
ROE
13.24%
Yield
8.58%
Peer median · 9 companies
P/E 9.5P/B 1.27Yield 4.00%

About Talawakelle Tea Estates Plc

Talawakelle Tea Estates PLC (TTEL) is a Sri Lanka-based plantation group focused on the cultivation and manufacture of black tea, operating estates, factories and processing facilities that serve both domestic and international markets. The Company produces high-grown and low-grown teas and supplies the Colombo Tea Auctions as well as direct export channels. TTEL has expanded into value-added and specialty tea products, including certified organic and health-oriented ranges such as Great Western Organic Tea, Logie Organic Tea and Great Western Matcha Tea, and acquired Hayleys Produce Marketing Limited to strengthen its marketing and export capabilities. The Group also integrates renewable energy and sustainability initiatives through its Regen Agenda 2030, and owns or operates related energy subsidiaries including TTEL Hydropower Company (Pvt) Ltd and TTEL Somerset Hydro Power (Pvt) Ltd. Beyond tea, the Company pursues crop diversification and other agricultural activities and maintains estate-level programmes for replanting, regenerative agronomy, and resource-efficiency measures across its operations.

Rupee & ForexRenewable EnergyTea & Plantation Crops

AI analysis

bullish

Evidence points bullish because TPL scores 94 of 100 for value across the CSE and holds net cash. The catch is June revenue fell 7.1%.

Read the full report (Sep 30, 2026) →

News sentiment

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

1 article in 30 days: 1 positive, 0 negative, 0 neutral.

24 months positive negative 3-month net
Dec 24: 2 articles, net -0.50Mar 25: 1 articles, net -1.00Sep 25: 3 articles, net +0.33Dec 25: 1 articles, net -1.00Mar 26: 2 articles, net +0.00Jun 26: 1 articles, net +1.00Sep 26: 1 articles, net +1.00Oct 24Feb 25Jun 25Oct 25Feb 26Jun 26
Recent news
View all news →
Ada Derana·Aug 28, 2026·Promotional / marketingPositive
The Coca-Cola Foundation-backed Hydro-Powered Facility Sets New Benchmark for Circular Economy in Sri Lanka

Talawakelle Tea Estates PLC has opened the Somerset Eco Material Collection and Processing Centre at Somerset Estate, Sri Lanka's first hydropower-powered MCPC, able to process about three metric tonnes of plastic bottles per month and supporting over 10 informal waste collectors; the project is funded by The Coca-Cola Foundation.

Renewable Energy
Ada Derana·Jul 28, 2026·Award or certificationPositive
Somerset estate: A continuity that never faded

Talawakelle Tea Estates' Somerset estate sold a single lot for Rs. 3,050/kg in March 2025, the highest price for the region. The estate also generated 3,622,254 kWh from its 1,100 kW hydro plant in FY2025/26 and has introduced digital weighing, cloud monitoring and drone fertiliser use.

Tea & Plantation CropsRenewable EnergyExportersIT & Digital
Daily FT·Jul 27, 2026·Promotional / marketingPositive
Hayleys Plantations advances Payment for Ecosystem Services across Sri Lanka's estates

Hayleys PLC (via Hayleys Plantations) has partnered with UNDP BIOFIN to implement Payment for Ecosystem Services projects across its estates, covering Talawakelle Tea Estates, Horana Plantations and Kelani Valley Plantations. Projects include watershed conservation, biodiversity-restoration with tourism integration and a PES model evaluation.

TourismRenewable EnergyTea & Plantation Crops
Ada Derana·Jul 27, 2026·Promotional / marketingPositive
Hayleys Plantations Advances Payment for Ecosystem Services Across Sri Lanka's Estates

Hayleys Plantations, partnering with UNDP BIOFIN, is advancing Payment for Ecosystem Services projects at Talawakelle Tea Estates (Great Western, Wattagoda), Horana Plantations' Bambarakelly Estate and Kelani Valley's Halgolla Estate to fund watershed protection, biodiversity restoration and tourism-linked conservation.

Tea & Plantation CropsTourismRenewable Energy
Daily FT·Jul 23, 2026·Promotional / marketingPositive
Regenerate: The ESG Strategy Shaping the Future of Hayleys Plantations

Hayleys Plantations launched 'Regenerate', a unified ESG roadmap joining Talawakelle (TPL), Kelani Valley (KVAL) and Horana (HOPL) across 55 estates and ~14,000 ha with 2030 targets including a 42% reduction in Scope 1–3 emissions and 95% renewable-energy reliance. The plan also targets 90% regenerative agriculture, zero deforestation, 100% supplier ESG screening and digital/AI monitoring.

Tea & Plantation CropsRenewable EnergyIT & DigitalExporters
Daily FT·Jul 7, 2026·Award or certification
UN Global Compact Network Sri Lanka powers sustainable business transformation

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.

Renewable Energy
Ada Derana·Jul 6, 2026·Promotional / marketingPositive
Hayleys Plantations Champions Nature-Positive Climate Action on World Environment Day 2026

Hayleys PLC's Hayleys Plantations sector marked World Environment Day 2026 with tree planting, awareness programmes, the Surakimu Ganga freshwater initiative and the launch of Talawakelle's 'Hill Country Green Force' across Kelani Valley (KVAL.N0000), Talawakelle (TPL.N0000) and Horana (HOPL.N0000).

Tea & Plantation Crops

Plantations & Agriculture sector: what is happening

Last 14 days to Sep 30, 2026

Heavy August rain and cloud cover cut High Grown tea output to a 34-year monthly low, pulling national production below a year earlier. Tea exports weakened as August merchandise tea exports fell, while eight-month shipments and US dollar earnings declined amid higher freight and insurance costs and a lower average FOB. Sector bodies also pressed for productivity, mechanisation and value addition.

The stories behind it

Auto-generated from 17 sector news articles over 14 days. Not investment advice.