Watawala Plantations PLC
WATA.N0000Plantations & Agriculture · Agricultural Commodities/Milling
Annual fundamentals
| Year | Revenue | Net profit | EPS |
|---|---|---|---|
| 2026 | Rs 9.4B | Rs 2.3B | 2.34 |
| 2025 | Rs 7.9B | Rs 1.9B | 1.82 |
| 2024 | Rs 8.3B | Rs 2.3B | 11.60 |
| 2023 | Rs 8.8B | Rs 2.3B | 11.63 |
| 2022 | Rs 6.5B | Rs 3.5B | 17.01 |
| 2021 | Rs 3.9B | Rs 1.7B | 8.18 |
| 2020 | Rs 3.3B | Rs 816.5M | 4.10 |
Recent dividends
- 2026 · finalRs 0.80
- 2026 · first interimRs 1.70
- 2025 · finalRs 1.30
- 2025 · second interimRs 1.40
- 2024Rs 1.60
- 2025 · first interimRs 8.00
- 2024 · finalRs 7.00
- 2024 · first interimRs 8.00
About Watawala Plantations PLC
Watawala Plantations PLC is a Sri Lankan agribusiness and part of Sunshine Holdings PLC that focuses on oil palm cultivation, dairy farming and other plantation crops. The Company is the largest cultivator of oil palm in Sri Lanka and is identified in the report as the first RSPO‑certified palm oil producer in South Asia. The Group’s core operations centre on integrated palm oil production, combining plantation management, harvesting and oil extraction with precision agronomy, mechanisation and data-driven practices to improve yields and operational efficiency while emphasising sustainability and resource stewardship. Watawala also operates a dairy business through its subsidiary Lonach Dairy Limited and manages other plantation crop activities; the dairy operations are being developed with investments in herd quality, processing capability and environmental infrastructure to support long‑term scalability and domestic food production. All operations described in the report are conducted in Sri Lanka.
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Describes news flow, not a forecastNo scored news in the last 30 days.
Dividend · Rs 0.80 · XD Jun 26, 2026
Final dividend of LKR 0.8/share; XD 2026-06-26; record 2026-06-29; payable 2026-07-16; FY ending 31st March 2026
CMA Sri Lanka launched national Cost Accounting Standards to strengthen costing, control and reporting across large and medium public and private institutions; the standards prioritize sectors including power, telecom, manufacturing, drugs and agricultural/tea exporters to improve efficiency, pricing transparency and competitiveness.
Colombo Stock Exchange ASPI fell 0.37% to 22,552.24 midday, with plantations (Watawala, Sunshine, Namunukula among others) leading gains while John Keells, Sampath and Commercial Bank weighed on the index. Market turnover was Rs2bn; Abans Finance completed a debenture issue to raise Rs1.33bn.
Watawala Plantations and regional plantation companies are preparing to expand palm oil cultivation if the seven-year ban is lifted after a Plantations Ministry expert committee found no basis for the environmental or health concerns. Industry says private investors had committed about Rs.500m to expand 8,000 ha before the ban.
The Planters’ Association urged a sustainable electricity tariff framework as the CEB has proposed a 13.6% tariff hike for Q2 2026, warning it would raise production costs for tea and rubber processors and hurt export competitiveness. Plantation companies (eg. Talawakelle) are increasingly investing in solar, mini‑hydro and efficiency measures to reduce grid dependence.
Gulf escalation and shipping disruptions have hit Sri Lanka's tourism, tea and apparel sectors, pulling the bourse down 12.7% through March 20; plantation and apparel stocks plunged (Namunukula -30.6%, Agalawatte -22%, Teejay Lanka -20.6%) while Sunshine benefits from higher palm oil prices.
Plantations & Agriculture sector: what is happening
Last 30 days to Aug 4, 2026Tea saw mixed signals: the June national sales average fell to Rs 1,153.49, while June production rose 4% YoY but first-half output was hit by extreme weather and higher fertiliser costs. Exporters gained relief as the US labour-related tariff on Sri Lankan goods was cut to 10%. Meanwhile, new EU sustainability rules are driving compliance efforts, and plantations report organised theft of high-value crops hurting competitiveness.
The stories behind it
Auto-generated from 33 sector news articles over 30 days. Not investment advice. 2 more stories on the sentiment page.