Consumer & Retail · Automotive Aftermarket
Kelani Tyres PLC is a Colombo Stock Exchange–listed company involved in the importation and sale of tyres and in holding investments, and it earns rental income from investment property.
TYRE shares are down 12.2% over the past year and last closed at Rs 82.50 on Sep 30, 2026.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.2 | -0.2 | -7.1 | +7.1 | +0.2 | -0.7 | -1.5 | +6.4 | -11.0 | +0.0 | +0.0 | +0.0 |
| 2025 | +2.4 | -6.6 | +0.9 | -0.7 | +6.2 | +5.4 | +14.4 | -4.9 | -3.1 | -3.2 | -0.2 | -2.1 |
| 2024 | +0.6 | +5.2 | +4.8 | +5.6 | +5.7 | +0.0 | -3.8 | -4.7 | +2.8 | +1.0 | +2.4 | +10.5 |
| 2023 | -1.7 | +2.6 | -3.8 | +2.3 | -4.5 | +12.4 | +10.8 | -1.0 | -1.2 | -4.5 | +0.0 | -1.6 |
| 2022 | +5.6 | -17.2 | -37.6 | -16.7 | +14.7 | -9.1 | +1.3 | +45.3 | -1.4 | +0.0 | -8.8 | -6.5 |
| 2021 | +11.6 | -17.6 | -1.9 | +8.2 | +2.1 | -2.1 | +13.1 | -12.1 | +3.0 | +4.8 | -6.2 | +17.2 |
| 2020 | -11.3 | -13.8 | -12.9 | +0.0 | +0.0 | +7.3 | +9.2 | +37.1 | +26.6 | +0.5 | +15.7 | -8.1 |
| 2019 | -0.8 | -5.6 | -5.6 | -4.1 | +14.8 | -0.3 | +20.3 | -0.5 | -4.3 | +19.8 | +4.2 | -0.4 |
| 2018 | +7.9 | -8.6 | +12.6 | -5.7 | -12.9 | -3.7 | +0.0 | +1.3 | -11.6 | +8.9 | -1.3 | -4.0 |
| 2017 | -9.1 | -1.9 | -5.2 | +9.3 | -5.2 | +0.7 | -6.8 | -0.9 | -3.8 | -2.2 | -9.6 | -1.6 |
| 2016 | -9.7 | -1.6 | -7.1 | +6.3 | -4.4 | -7.7 | +6.7 | +9.4 | -2.1 | -4.4 | -2.3 | +1.6 |
| 2015 | +1.4 | +0.4 | -0.5 | +6.4 | -5.9 | -0.5 | +4.4 | +0.0 | -5.4 | +1.9 | -3.7 | +0.6 |
| 2014 | +12.3 | -6.1 | +0.0 | +13.8 | +11.4 | +4.2 | -1.4 | +2.4 | +2.0 | -1.3 | +2.7 | +9.4 |
| 2013 | +1.2 | -7.4 | +9.5 | +9.9 | +14.5 | +6.0 | -6.5 | -3.3 | +0.7 | +20.0 | +2.0 | -3.5 |
| 2012 | +0.0 | +0.0 | +0.0 | +3.4 | -19.0 | +22.5 | -0.7 | +5.2 | +39.1 | -7.1 | -10.4 | +2.1 |
| Average | +0.8 | -5.6 | -3.9 | +3.2 | +1.3 | +2.3 | +4.0 | +5.3 | +2.0 | +2.4 | -1.1 | +1.0 |
| 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 | +0.9 | -5.9 | -2.8 | +5.9 | +1.2 | +0.0 | +1.3 | +0.0 | -1.4 | +0.2 | -0.8 | -1.0 |
| % up | 64% | 21% | 29% | 71% | 57% | 47% | 53% | 47% | 40% | 50% | 36% | 43% |
| Line | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | Rs 0 | - | Rs 0 -100.0% | Rs 839.1M +167.2% | Rs 314.1M +420.6% | Rs 60.3M -78.5% | Rs 280.8M -34.2% | Rs 426.9M -20.4% |
| Operating profit | Rs -139.0M | Rs -97.7M | Rs -44.4M | Rs -15.0M | Rs -33.8M | Rs -37.3M | Rs -21.9M | Rs -19.0M |
| Net profit | Rs 457.0M -34.9% | Rs 702.4M -25.8% | Rs 946.9M +86.5% | Rs 507.8M -38.8% | Rs 830.1M -14.0% | Rs 964.7M +117.9% | Rs 442.8M -8.6% | Rs 484.2M -16.0% |
| EPS | 5.68 -35.0% | 8.74 -25.8% | 11.78 +86.4% | 6.32 -38.8% | 10.33 -13.9% | 12.00 +117.8% | 5.51 -8.5% | 6.02 -16.0% |
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 | TYRE.N0000 · this company | 82.50 | Rs 6.6B | 14.5 | 0.86 | 5.68 | 6.09% | 7.88% |
| 2 | AUTO.N0000 | 309.00 | Rs 3.7B | - | 1.79 | -1.32 | -1.03% | 0.00% |
| Sector median · 35 companies | - | - | 13.3 | 1.66 | - | - | 1.72% |
Kelani Tyres PLC is a Colombo Stock Exchange–listed company involved in the importation and sale of tyres and in holding investments, and it earns rental income from investment property. The company holds interests in a joint venture and a wholly owned subsidiary and acts as an investment and distribution vehicle for tyre-related activities. The group's tyre manufacturing and distribution activities are carried out through the CEAT Kelani joint venture, which is described in the annual report as the group's principal manufacturing and distribution arm for motor vehicle tyres in Sri Lanka. The company also has a wholly owned subsidiary, Executive Cars (Private) Limited, which operates a vehicle hire business, and CEAT Kelani Holdings (Private) Limited as an investment holding company. Kelani Tyres operates in Sri Lanka and, consistent with its CSE activity description, its activities include manufacturing (through the joint venture), marketing tyres locally and internationally and importing tyres of certain sizes to meet market deficits.
Evidence is balanced: June net profit rose 107.6%, but the operating loss widened. The 7.7% yield exceeded last year's earnings.
Read the full report (Sep 24, 2026) →1 article in 30 days: 1 positive, 0 negative, 0 neutral.
Fitch affirmed Ceat Kelani Holdings' National Long-Term Rating at 'AA+(lka)' with a Stable Outlook. Fitch highlighted CKH's market leadership and resilient finances but warned of near-term margin pressure from higher input and energy costs and import competition, with EBITDA net leverage seen peaking around 0.6x in FY28.
Colombo Stock Exchange indices rose on Tuesday, with the ASPI up 0.23% at 21,386.99 and the S&P SL20 up 0.07%. Top contributors included Hatton National Bank, Dialog Axiata and Colombo Dockyard; Renuka Holdings announced a 0.212 rupee scrip dividend and market turnover was Rs 77.3m.
Dividend · Rs 6.50 · XD Sep 1, 2026
First Interim dividend of LKR 6.5/share; XD 2026-09-01; record 2026-09-02; payable 2026-09-18; FY Year ending 31.03.2027
First Capital says listed plantation firms AGAL, KGAL, KOTA and HOPL are well positioned to benefit from rising rubber prices as rubber makes up about 15%+ of their revenue. Dipped Products and exporters may also gain from higher rubber prices and rupee depreciation, while Kelani Tyres could face margin pressure.
Dividend · Rs 6.50 · XD Aug 25, 2025
First Interim dividend of LKR 6.5/share; XD 2025-08-25; record 2025-08-25; payable 2025-09-12; FY Year ending 31st March 2026
Kelani Tyres PLC (CEAT) was ranked Sri Lanka’s Most Valuable Tyre Brand for 2025, with brand value up 15% to Rs 2.325 billion and a Brand Strength Index of 83.3 (AAA-). The report notes CEAT's market leadership, 1.2m tyres sold annually and exports to over 110 countries.
Consumer retail faced pressure from accelerating food, transport and housing inflation, with petrol a major contributor to the rise in national prices and purchasing power weakened by higher energy costs and tax hikes. Wholesale and retail activity nevertheless helped drive faster services-sector expansion in August. Specialist retail also consolidated as Blink International acquired Wrist Lab, combining retail, distribution and after-sales networks.
Auto-generated from 8 sector news articles over 14 days. Not investment advice.