Udapussellawa Plantations PLC

UDPL.N0000Moderately undervalued

Plantations & Agriculture · Agricultural Commodities/Milling

Udapussellawa Plantations PLC cultivates, processes and sells tea, rubber, coconut and other minor plantation crops, with tea comprising the company’s primary product and main source of sales.

UDPL shares are down 20.6% over the past year and last closed at Rs 140.00 on Sep 29, 2026.

Rs 140.00
+2.94%
as of Sep 29, 2026
Price history
-20.57%

Monthly seasonality

Monthly total returns by year and calendar month
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026-4.1-4.8-7.9+9.8+3.2-5.6-8.7+5.7-5.2+0.0+0.0+0.0
2025+25.2-9.6-3.0+7.4-7.2-2.3+8.2+11.1+25.1-4.3-0.7-4.9
2024-2.7+19.3-5.5-0.7+2.1+4.7-0.9-1.9-2.4+45.3+6.5+2.2
2023-8.0+4.3-17.9-7.3-5.1+2.0+35.3-12.4-0.6-16.8+3.5-5.6
2022-18.3-19.2-21.5+0.0+0.0+2.7+84.4+84.8+44.6-15.0-29.4-1.2
2021-15.4-15.6-7.5-5.2+0.0+10.0+4.1+10.5-7.5+23.5-10.0+133.1
2020-9.1-6.7-19.6+0.0+0.0+3.9-1.7+13.6+21.3-4.9+3.6+0.0
2019-4.3+1.0-6.9+7.4-20.7-13.0+23.5+4.5+0.8+8.1-3.9-2.2
2018-1.6-0.7-3.6+2.5-19.3-10.6+0.7-2.7+6.9+12.9-8.9-6.0
2017+0.5+2.7-4.2+10.3+38.4-32.4+80.5+4.4+19.6+23.8-28.3+11.8
2016-3.6-11.5-16.3+20.0-16.2-3.0+1.5-11.1+8.0+3.7-5.6+0.0
2015-7.8+6.8-6.7-10.7-2.5-4.7-2.0-12.8+2.7-1.9+2.7+4.9
2014-0.4-10.2-5.2+11.9-1.2-3.3+1.3+35.6+0.6+58.1-28.1+8.2
2013-1.4-16.4+4.2+8.0+1.5+16.4-15.0-6.6+6.7+3.7-17.9+11.7
2012+0.0+0.0+0.0+12.1-44.3+18.2-5.5+14.2+33.6+6.9-9.0+3.2
Average-3.6-4.3-8.7+5.0-5.5-1.1+13.7+9.1+10.3+10.2-9.0+11.1
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-3.8-5.7-6.8+7.4-2.5-2.3+1.3+4.5+6.7+5.3-7.2+1.1
% up14%36%7%69%31%47%60%60%73%64%29%50%
P/E
4.0
P/B
0.51
EPS
Rs 34.75
Div Yield
0.00%
Market Cap
Rs 2.7B
Beta
0.75
ROE
12.4%
Op Margin
12.9% (-12.1pp)

Fundamentals

LineFY2026
Revenue
Rs 5.9B
Operating profit
Rs 529.3M
Net profit
Rs 1.2B
EPS
60.41

Compared with the same period a year earlier.

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

Recent dividends

No dividend records.

Peer comparison8 peers in Plantations & Agriculture
Rs 8.10
P/E
9.0
P/B
1.00
ROE
10.03%
Yield
0.00%
Rs 60.00
P/E
5.1
P/B
1.04
ROE
20.42%
Yield
6.67%
Rs 127.50
P/E
30.7
P/B
0.61
ROE
2.00%
Yield
2.35%
Rs 58.40
P/E
7.3
P/B
0.60
ROE
8.17%
Yield
0.86%
UDPL.N0000 · this company
Rs 140.00
P/E
4.0
P/B
0.51
ROE
12.39%
Yield
0.00%
Rs 54.60
P/E
14.6
P/B
0.59
ROE
4.06%
Yield
0.00%
Rs 9.00
P/E
-
P/B
2.42
ROE
8.02%
Yield
0.00%
Rs 15.00
P/E
-
P/B
1.43
ROE
-6.78%
Yield
0.00%
Peer median · 8 companies
P/E 9.3P/B 1.02Yield 0.43%

About Udapussellawa Plantations PLC

Udapussellawa Plantations PLC cultivates, processes and sells tea, rubber, coconut and other minor plantation crops, with tea comprising the company’s primary product and main source of sales. The company operates estate and factory operations in Sri Lanka and sells produce to domestic and export markets. UPL’s tea operations are conducted across multiple high-grown estates and factories; named estates include Blairlomond, Delmar, Gordon, Waldemar, Concordia, Courtlodge, Park, Duckwari and Madulkelle. In addition to estate-grown leaf, the company purchases a smaller proportion of bought leaf for processing and sale through its tea factories. The company also manages rubber and coconut cultivation and processing as ancillary crop segments and pursues mechanisation, quality‑enhancement investments (for example plucking machines and a tea colour sorter), renewable energy projects and internationally recognised sustainability certifications such as Rainforest Alliance and ISO. Community welfare and estate worker programmes form part of its operational focus.

AI analysis

bullish

Evidence points to a positive value case because each rupee of net assets costs 50 cents and the business is net-cash funded. The catch is that June-quarter profit was LKR 171 million.

Read the full report (Sep 24, 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
Apr 25: 8 articles, net +0.43May 25: 5 articles, net +0.19Jun 25: 3 articles, net +1.00Sep 26: 1 articles, net +1.00Oct 24Feb 25Jun 25Oct 25Feb 26Jun 26
Recent news
View all news →
Ada Derana·Sep 30, 2026·OtherPositive
Beyond El Niño: Building lasting climate resilience in Sri Lanka's plantations

Sri Lanka's plantation sector is mobilising climate-resilience measures during an El Niño-linked dry spell as the government sets aside Rs.4.8 billion for relief and raises daily water allocations to 15 litres. Estate firms such as Udapussellawa, Browns (Browns Investments), Kelani Valley and Horana are adopting water-conservation, agroforestry, drought-tolerant practices and solar installations.

Renewable EnergyTea & Plantation Crops
Daily FT·Aug 11, 2026·Management or board change
Tax expert joins LOLC Group plantation companies' Boards

Hapugastenne Plantations PLC (HAPU.N0000) and Udapussellawa Plantations PLC (UDPL.N0000) have appointed Kanthimany Sivanesan as an Independent Non-Executive Director. Sivanesan is a senior tax practitioner (Senior Partner & Head of Tax at Amerasekera & Co.) and already serves on boards including LOLC Holdings, Browns Investments and Agstar.

Daily FT·Nov 4, 2025·Capacity or capexNegative
Browns Plantations accelerates orthodox tea production expansion in East Africa

Browns Plantations has commissioned an expanded orthodox tea facility at Kitumbe, Kenya with 3 million kg annual capacity and aims for 25 million kg in East Africa within 18 months. The move targets higher‑value orthodox exports and expands the company's specialty tea footprint.

Tea & Plantation Crops
Daily FT·Jul 29, 2025·Market commentary
CSE begins new week on positive note

Colombo market opened higher as the ASPI rose 0.26% (50 points) to close at 19,518, with turnover around Rs. 6.16 billion. Foreign investors were net buyers (Rs. 30.2m) and gains were led by Royal Ceramics, Melstacorp, Hemas, L B Finance and C T Holdings, with Capital Goods, Banking and Diversified Financials driving turnover.

Daily FT·Jun 24, 2025·Earnings & resultsPositive
Browns marks 150th year with landmark Rs. 25.9 b PBT in FY25

Brown & Company PLC reported FY25 consolidated revenue of Rs. 107.82 billion and PBT of Rs. 25.88 billion, with total assets of Rs. 752.69 billion. The Group completed major East Africa Lipton plantation acquisitions, took controlling stakes in Sierra Cables and Tea Smallholder Factories, and saw strong results across its plantations and hospitality units.

Tea & Plantation CropsTourismHealthcare & PharmaExporters

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.

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