The Ceylon Motor Traders' Association urged policymakers to stop an estimated Rs.40 billion 2025 revenue leakage from a blanket 15% CIF depreciation on used vehicle imports and called for a uniform duty structure and transparent valuation to ensure a level playing field across the automotive industry.
Consumer & Retail · Automotive Aftermarket
United Motors Lanka PLC is an automotive and heavy equipment group that imports and distributes brand-new passenger and commercial vehicles, genuine spare parts, tyres, lubricants and car care products, and provides authorised after-sales services and technical support across Sri Lanka.
UML shares are up 1.8% over the past year and last closed at Rs 23.90 on Sep 30, 2026.
Monthly seasonality
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +34.1 | -9.5 | -18.9 | +11.0 | -11.7 | -0.7 | -7.9 | -3.3 | -8.1 | +0.0 | +0.0 | +0.0 |
| 2025 | +4.3 | -6.6 | -6.9 | +13.8 | +28.6 | -2.4 | +57.5 | +6.8 | +14.5 | +21.5 | +11.1 | -4.7 |
| 2024 | +4.5 | -9.5 | +3.5 | +7.8 | +13.8 | +9.7 | -9.3 | -2.8 | -12.1 | +13.8 | +14.3 | +18.6 |
| 2023 | -1.7 | +9.2 | -8.4 | +1.7 | -6.8 | -2.5 | +8.6 | +27.2 | +0.9 | -6.6 | -8.6 | -7.1 |
| 2022 | +9.7 | -10.9 | -31.2 | -5.4 | -0.2 | -2.2 | -6.4 | +1.9 | +7.3 | +3.4 | +6.4 | -7.6 |
| 2021 | -3.0 | -12.5 | -14.6 | +4.5 | +2.0 | +16.6 | +8.3 | -8.8 | +9.7 | -4.2 | +7.0 | +17.7 |
| 2020 | -9.5 | -7.0 | -5.8 | +0.0 | +0.0 | -5.2 | +5.3 | -2.0 | +13.4 | -4.5 | +49.5 | +0.6 |
| 2019 | -4.7 | -4.2 | -4.5 | +0.0 | +0.1 | +2.8 | +0.0 | -3.6 | -3.0 | -2.1 | +0.9 | -2.6 |
| 2018 | +0.0 | +0.0 | -2.6 | +7.2 | +3.1 | +1.2 | +0.0 | -1.2 | +1.8 | -10.5 | +2.0 | +0.0 |
| 2017 | -3.5 | -1.1 | -7.1 | +2.6 | -2.1 | +2.2 | -2.4 | -5.2 | -1.8 | +4.5 | +3.3 | -0.6 |
| 2016 | -7.5 | +4.0 | -6.2 | +8.4 | -0.7 | -0.4 | +1.5 | +2.0 | +2.0 | -1.0 | -3.2 | -2.2 |
| 2015 | -3.5 | -1.5 | -10.7 | +8.4 | +13.1 | -7.3 | +13.5 | -3.1 | -12.7 | -4.2 | +1.2 | -1.2 |
| 2014 | +11.2 | +1.3 | -3.9 | -3.0 | +4.8 | -1.9 | +12.6 | -28.3 | +1.4 | +4.7 | -4.8 | +3.6 |
| 2013 | -2.4 | -2.9 | +0.5 | +5.2 | +20.2 | -1.7 | -7.0 | -4.5 | +1.0 | +3.2 | +0.5 | +2.4 |
| 2012 | +0.0 | +0.0 | +0.0 | -18.5 | -20.3 | -0.3 | +2.3 | +9.1 | +28.2 | +0.0 | -10.0 | +12.0 |
| Average | +2.0 | -3.7 | -8.3 | +3.1 | +3.1 | +0.5 | +5.1 | -1.1 | +2.8 | +1.3 | +5.0 | +2.1 |
| 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 | -2.0 | -3.6 | -6.6 | +4.9 | +1.1 | -0.7 | +1.5 | -2.8 | +1.4 | -0.5 | +1.6 | -0.3 |
| % up | 36% | 21% | 14% | 71% | 57% | 33% | 53% | 33% | 67% | 43% | 71% | 43% |
Fundamentals
| Line | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | Rs 52.4B +344.7% | Rs 11.8B +1.7% | Rs 11.6B +7.8% | Rs 10.7B -16.7% | Rs 12.9B -4.8% | Rs 13.5B +37.5% | Rs 9.8B -22.9% | Rs 12.8B -13.2% |
| Operating profit | Rs 5.6B +1,458.4% | Rs 361.1M +135.3% | Rs 153.5M -41.4% | Rs 261.9M -40.4% | Rs 439.4M -44.1% | Rs 786.4M | Rs -76.8M | Rs 753.5M -30.1% |
| Net profit | Rs 3.6B +4,822.8% | Rs 73.3M turned profitable | Rs -272.9M loss widened | Rs -131.1M fell into loss | Rs 315.0M -37.5% | Rs 503.7M turned profitable | Rs -409.7M fell into loss | Rs 435.9M -34.8% |
| EPS | 3.58 +390.4% | 0.73 | -2.71 | -1.30 | 3.12 -37.5% | 4.99 | -4.06 | 4.32 -34.8% |
Compared with the same period a year earlier.
Per-share figures are as reported, not adjusted for splits.
Recent dividends
- 2026 · finalRs 0.40
- 2026 · second interimRs 0.25
- 2026 · first interimRs 2.00
- 2025 · first and finalRs 2.00
- 2024 · first and finalRs 1.50
- 2023 · finalRs 1.25
- 2023 · first interimRs 1.00
- 2022 · finalRs 0.50
| # | Company | Price | Mkt cap | P/E | P/B | EPS | ROE | Div Yield |
|---|---|---|---|---|---|---|---|---|
| 1 | UML.N0000 · this company | 23.90 | Rs 24.1B | 6.7 | 1.34 | 3.58 | 22.87% | 3.56% |
| 2 | DIMO.N0000 | 1,404.25 | Rs 13.0B | 6.8 | 0.78 | 206.54 | 11.45% | 3.56% |
| 3 | ASHO.N0000 | 2,650.00 | Rs 9.6B | 2.7 | 0.97 | 969.15 | 35.41% | 1.13% |
| 4 | SMOT.N0000 | 1,538.25 | Rs 9.3B | 4.5 | 2.10 | 343.79 | 60.15% | 2.60% |
| 5 | COLO.N0000 | 34.10 | Rs 5.2B | 8.0 | 0.86 | 4.26 | 8.22% | 1.17% |
| Peer median · 4 companies | - | - | 5.6 | 0.91 | - | - | 1.89% |
About United Motors Lanka PLC
United Motors Lanka PLC is an automotive and heavy equipment group that imports and distributes brand-new passenger and commercial vehicles, genuine spare parts, tyres, lubricants and car care products, and provides authorised after-sales services and technical support across Sri Lanka. The Company represents multiple vehicle and equipment brands including Mitsubishi, Perodua, DFSK, Forthing, Fuso, JMC, Huanghai, BULL and LiuGong, and distributes Valvoline, Simoniz, Prestone and Yokohama tyres. It also imports LiuGong concrete mixing equipment and 3D printing equipment and offers related services, while operating an extensive island-wide dealer and service network. Through its subsidiaries (including Unimo Enterprises Limited, U M L Heavy Equipment Limited, U M L Property Developments Limited, Dutch Lanka Trailer Manufacturers Limited and Dutch Lanka Engineering (Pvt) Limited) the Group manufactures port and road trailers for domestic sales and export, with exports reaching international markets, and it operates roof-mounted solar power projects in Ratmalana and Orugodawatte.
AI analysis
bullishUML has turned the post-import-ban recovery into strong earnings, with quarterly profit up 159.5% year-on-year. The tension is a 31.4% six-month share-price fall.
Read the full report (Aug 12, 2026) →News sentiment
Describes news flow, not a forecast2 articles in 30 days: 1 positive, 0 negative, 1 neutral.
The CSE recorded a record net foreign outflow of Rs.19.46 billion in August, lifting YTD net foreign outflows to Rs.55.7 billion through August 2026. United Motors (UML.N0000), Melstacorp (MELS.N0000) and Seylan Bank (SEYB.N0000) saw net foreign buying while Cargills (CARG.N0000) faced Rs.4.07 billion of net foreign selling.
United Motors Lanka PLC (UML) launched the 2027 Mitsubishi Outlander Sport at the Auto Vision Colombo Motor Show, offering expanded options, a 1.5L MIVEC engine with CVT, enhanced SUV capability and a 5‑Star ASEAN NCAP safety rating. The model is available for viewing and test drives at UML showrooms nationwide.
M.A. Yaseen invested Rs.5 billion to raise his personal stakes: Rs.3bn to buy 114m UML shares (11.3%) at Rs.27 and Rs.2bn to buy 85m RIL shares (10.6%) at Rs.24. His holdings now total 24% in UML and 41% in RIL; purchases were from R.R. Takahashi.
Nearly 29% (95.4m shares) of Commercial Credit & Finance PLC changed hands in a book-built block sale for about Rs.9 billion, boosting CSE turnover to Rs.12.2 billion; Commercial Credit closed at Rs.107.50 (up Rs.1.75).
Colombo Stock Exchange recorded a daily turnover of Rs. 12.23 billion, led by an 89.78m-share crossing in Commercial Credit worth Rs. 9.02 billion; United Motors Lanka had a separate Rs. 1.02 billion crossing. ASPI rose 102.73 pts to 21,269.67 (S&P SL20 +26.41).
United Motors Lanka PLC's subsidiary Unimo Enterprises unveiled the all-new Perodua Traz SUV and Perodua Alza seven-seater MPV in Colombo, priced Rs. 8.8M–20M with special introductory offers for the first 50 customers. Both models carry five-star ASEAN NCAP ratings and fuel-efficiency ~21–22 km/l.
The ASPI fell 1.09% (232.67 pts) over the week and the S&P SL20 declined 0.95% (57.12 pts). Declines were led by JKH, HNB, CINS, GRAN and BREW while a large negotiated crossing in UML supported market activity; weekly turnover was Rs.2.45bn and foreigners were net buyers of Rs.1.07bn.
Consumer & Retail sector: what is happening
Last 14 days to Sep 30, 2026Consumer 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.
The stories behind it
Auto-generated from 8 sector news articles over 14 days. Not investment advice.