Vidullanka PLC

VLL.N0000Fairly valued

Power & Energy · Alternative Power Generation

Vidullanka PLC is a renewable energy developer and operator that produces and transmits electrical energy to national grids, with activities spanning power generation, engineering services and project delivery.

VLL shares are up 16.3% over the past year and last closed at Rs 22.10 on Sep 30, 2026.

Voting
Rs 22.10
+0.45%
Price history
+16.32%

Monthly seasonality

Monthly total returns by year and calendar month
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026+1.3-5.2-6.3+12.6+0.9-6.0-5.0-2.4+7.3+0.0+0.0+0.0
2025+3.9+0.7+0.0-0.7+0.0+2.2+4.4+4.9+26.7+43.7-9.2-7.3
2024+1.5-1.4+4.4+31.0-3.2+30.0+17.9-5.8+7.7-0.7-0.9+1.6
2023-4.8+1.7-1.7+0.0-5.1+7.1+5.0+0.0-3.2+3.3+6.3+1.5
2022+25.0-2.4-15.7-12.9+6.6-1.5+9.4+0.0+0.0-4.3-1.5-6.1
2021-5.0-7.0+3.8+0.0+3.6+0.0+5.3-1.7+3.4+0.0+9.8+1.5
2020-4.1-6.4-6.8+0.0+0.0+9.3+4.3+6.1+9.6-1.8+5.4+1.7
2019-4.2-2.2-2.2+2.3-6.7+2.4+4.7+0.0+0.0+4.4+2.1+2.1
2018+0.0-2.0-2.0-4.2+0.0-10.9+12.2+0.0-2.2+0.0+4.4+2.1
2017-5.4+1.9-3.7+0.0+0.0+0.0+0.0+0.0+5.8+1.8-10.7+0.0
2016-7.7+3.3-3.2+1.7-1.6-5.0+3.5+0.0-1.7-3.4-1.8+1.8
2015+8.8+8.1+0.0+25.4+0.0+0.0+26.2-0.9-31.4-8.3-3.0+1.6
2014+5.7-2.7-2.8+5.7+5.4+0.0+10.3+16.3+8.0+9.3-8.5+5.6
2013-2.6-5.4+0.0+8.6+0.0-5.3+0.0+0.0+0.0+0.0-2.8+0.0
2012+0.0+0.0+0.0-3.4-12.3-2.0-22.4-2.6+13.5-9.5-5.3+5.6
Average+0.9-1.4-2.6+4.7-0.9+1.4+5.0+0.9+2.9+2.5-1.1+0.8
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-1.3-2.1-2.1+0.8+0.0+0.0+4.7+0.0+3.4+0.0-1.6+1.6
% up43%36%14%50%29%33%73%20%53%36%36%71%
P/E
13.1
P/B
2.22
EPS
Rs 1.69
Div Yield
2.26%
Market Cap
Rs 22.8B
Beta
0.67
ROE
16.9%
Op Margin
-

Fundamentals

LineFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Revenue
Rs 3.8B
-29.5%
Rs 5.4B
-4.7%
Rs 5.7B
+48.4%
Rs 3.8B
+49.4%
Rs 2.6B
+42.9%
Rs 1.8B
+24.8%
Rs 1.4B
+12.4%
Rs 1.3B
+31.5%
Operating profit
-
-
Rs 2.5B
+13.2%
Rs 2.2B
-
-
Rs 899.3M
-2.0%
Rs 917.6M
+1.0%
Net profit
Rs 1.6B
-1.7%
Rs 1.6B
+16.6%
Rs 1.4B
+32.3%
Rs 1.0B
+18.2%
Rs 865.9M
+45.5%
Rs 595.0M
+64.5%
Rs 361.7M
-31.4%
Rs 527.3M
+3.6%
EPS
1.45
-7.6%
1.57
+15.4%
1.36
+33.3%
1.02
+9.7%
0.93
+36.8%
0.68
+65.9%
0.41
-33.9%
0.62
+3.3%

Compared with the same period a year earlier.

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

Recent dividends

  • 2027 · first interimRs 0.20
  • 2026 · second interimRs 0.30
  • 2026 · first interimRs 0.35
  • 2025 · second interimRs 0.20
  • 2025Rs 1.20
  • 2024Rs 1.40
  • 2025 · first interimRs 0.30
  • 2024 · second interimRs 0.25
Peer comparison7 peers in Power & Energy
WIND.N0000
Rs 40.00
P/E
35.7
P/B
2.07
ROE
5.79%
Yield
0.00%
VLL.N0000 · this company
Rs 22.10
P/E
13.1
P/B
2.22
ROE
16.94%
Yield
2.26%
Rs 15.00
P/E
8.7
P/B
3.19
ROE
36.95%
Yield
4.00%
Rs 12.50
P/E
8.6
P/B
3.47
ROE
40.28%
Yield
1.43%
Rs 5.90
P/E
29.2
P/B
0.66
ROE
3.96%
Yield
0.00%
Rs 10.70
P/E
189.7
P/B
1.83
ROE
17.14%
Yield
0.00%
HPWR.N0000
Rs 8.90
P/E
24.7
P/B
1.46
ROE
6.11%
Yield
1.74%
Rs 11.40
P/E
-
P/B
1.89
ROE
-4.02%
Yield
6.84%
Peer median · 7 companies
P/E 27.0P/B 1.89Yield 1.43%

About Vidullanka PLC

Vidullanka PLC is a renewable energy developer and operator that produces and transmits electrical energy to national grids, with activities spanning power generation, engineering services and project delivery. The company develops and operates projects across hydro, solar and dendro (fuelwood/plantation) technologies and provides related technical, consultancy and construction services. The Group's portfolio comprises multiple operating projects across Sri Lanka and international markets, with an installed capacity reported at 51 MW and annual generation of approximately 200 GWh delivered to national grids in Sri Lanka and Uganda. In addition to power generation, Vidullanka undertakes Engineering, Procurement and Construction (EPC) contracts and offers engineering, consultancy and project management services, and has begun diversifying into e-mobility under the VEDRIVE pilot brand. Vidullanka also emphasises environmental stewardship and community programmes tied to sustainable development goals while operating and managing projects internationally (including Uganda and Guyana) and domestically in Sri Lanka.

AI analysis

bullish

Evidence points bullish because June-quarter profit rose 84.5% and its like-for-like net-income margin was the best June result on record. The catch is a fairly valued score of 43 and sharply higher debt.

Read the full report (Sep 28, 2026) →

News sentiment

Describes news flow, not a forecast
Last 30 days
In line with its usual news flow
its own lowits own high

Higher than 67% of its last 12 months · 2 of 3 in its sector

23 articles in 30 days: 19 positive, 0 negative, 4 neutral.

24 months positive negative 3-month net
Oct 24: 1 articles, net +1.00Nov 24: 4 articles, net +0.75Dec 24: 2 articles, net +0.50Feb 25: 1 articles, net +1.00Mar 25: 2 articles, net +0.00Apr 25: 1 articles, net +1.00May 25: 1 articles, net +1.00Jun 25: 8 articles, net +0.63Jul 25: 7 articles, net +0.83Aug 25: 3 articles, net +1.00Sep 25: 6 articles, net +1.00Oct 25: 6 articles, net +0.81Nov 25: 5 articles, net +0.36Dec 25: 8 articles, net +0.75Jan 26: 1 articles, net +1.00Feb 26: 5 articles, net +0.80Apr 26: 1 articles, net +1.00May 26: 3 articles, net +1.00Jun 26: 2 articles, net +1.00Jul 26: 4 articles, net +0.50Sep 26: 23 articles, net +0.84Oct 24Feb 25Jun 25Oct 25Feb 26Jun 26
Recent news
View all news →
Daily FT·Sep 28, 2026·Capacity or capexPositive
WindForce project firms submit winning bids for 144 MWh battery storage

WindForce PLC's six project companies submitted winning bids to add a combined 28.25 MW/143.75 MWh of battery storage to existing solar plants, with WindForce's equity investment estimated at about Rs. 944 million. The formal awards, regulatory approvals and agreements are still pending.

Renewable Energy
EconomyNext·Sep 28, 2026·Capacity or capexPositive
Sri Lanka's Vidullanka submits winning bids for 18.7MW battery storage projects

Vidullanka PLC said project companies in which it holds equity submitted winning bids to develop 18.7 MW/93 MWh of battery energy storage integrated with existing ground-mounted solar plants; Vidullanka's estimated equity share is about Rs 600 million, with final awards and approvals pending.

Renewable Energy
Daily FT·Sep 23, 2026·Major contract or orderPositive
Vidullanka-led consortium lowest bidder for Rs. 5 b transmission line project

Vidullanka PLC-led consortium emerged as the lowest-cost bidder (approx. Rs. 5 billion) for the construction of a 132 kV transmission line under a JICA-funded programme; the contract award remains subject to technical evaluations and formal issuance of the Letter of Award.

Construction Activity
Ada Derana·Sep 22, 2026·Major contract or orderPositive
Vidullanka Consortium Emerges as Lowest Bidder for LKR 5 Billion JICA-Funded Transmission Project

Vidullanka PLC, in a consortium with India's Skipper Limited, emerged as the lowest bidder for a JICA-funded LKR 5.0 billion 132 kV transmission line project in Sri Lanka. The 18-month contract would see Vidullanka lead local execution and project management, marking its entry into high-voltage transmission construction pending technical clearance and an LOA.

Construction ActivityRenewable Energy
EconomyNext·Sep 22, 2026·Major contract or orderPositive
Vidullanka, India's Skipper lowest bidder for Sri Lanka Rs5bn transmission line project

Vidullanka PLC said a consortium with India's Skipper emerged as the lowest bidder for a Rs5.0 billion 132 kV transmission line project under the JICA-funded network development programme. Final award is subject to technical evaluation and issuance of a Letter of Award; implementation is estimated at 18 months with Vidullanka to handle local execution.

Construction Activity

Power & Energy sector: what is happening

Last 14 days to Sep 30, 2026

Rising global oil prices prompted a Rs41 billion diesel subsidy for Oct-Dec and Rs17.2 billion in electricity-bill relief, cushioning end-user energy costs while increasing reliance on budget support rather than tariff cost recovery. New rooftop solar applicants were shifted to Net Plus, limiting grid-cost cross-subsidies by requiring users to meet their own nighttime demand. The sector also advanced a four-block Mannar Basin oil and gas licensing round.

Auto-generated from 34 sector news articles over 14 days. Not investment advice.