Power & Energy · Alternative Power Generation
WindForce PLC is a diversified renewable energy company engaged in the ownership, development and operation of renewable energy assets and the generation and delivery of clean electrical energy to national grids.
WIND shares are up 32.9% over the past year and last closed at Rs 40.00 on Sep 30, 2026.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +2.0 | -1.5 | -2.6 | +7.8 | -7.6 | -9.2 | -0.2 | +0.5 | -2.0 | +0.0 | +0.0 | +0.0 |
| 2025 | +0.8 | +1.2 | -2.3 | -5.2 | +4.2 | +1.2 | +6.4 | +0.4 | +10.9 | +78.7 | -9.3 | -4.2 |
| 2024 | +1.6 | +1.5 | -0.5 | +0.5 | -1.0 | +1.0 | +1.5 | -1.0 | +1.5 | +6.5 | +0.5 | +16.7 |
| 2023 | +7.4 | +6.3 | -2.9 | +1.2 | -0.6 | +2.4 | +2.4 | +8.6 | -2.1 | -2.2 | +5.0 | +0.5 |
| 2022 | +9.9 | -8.5 | -13.1 | -5.7 | -6.7 | -1.4 | +9.4 | +9.9 | +1.8 | -5.9 | -5.7 | -0.7 |
| 2021 | +0.0 | +0.0 | +0.0 | +0.0 | +5.0 | -1.6 | +1.1 | -3.2 | +1.6 | -0.5 | -0.5 | -1.1 |
| Average | +4.3 | -0.2 | -4.3 | -0.3 | -1.1 | -1.3 | +3.4 | +2.5 | +2.0 | +15.3 | -2.0 | +2.3 |
| 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 | +1.2 | -2.6 | +0.5 | -0.8 | -0.2 | +1.9 | +0.4 | +1.6 | -0.5 | -0.5 | -0.7 |
| % up | 100% | 60% | 0% | 60% | 33% | 50% | 83% | 67% | 67% | 40% | 40% | 40% |
| Line | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | Rs 8.0B +16.5% | Rs 6.9B +18.0% | Rs 5.9B +18.1% | Rs 5.0B +13.4% | Rs 4.4B +1.3% | Rs 4.3B |
| Operating profit | Rs 2.8B -8.8% | Rs 3.0B +5.6% | Rs 2.9B -5.4% | Rs 3.0B +18.9% | Rs 2.5B -0.8% | Rs 2.6B |
| Net profit | Rs 2.2B -4.4% | Rs 2.2B +28.5% | Rs 1.8B -1.8% | Rs 1.8B -8.7% | Rs 2.0B -9.1% | Rs 2.1B |
| EPS | 1.14 -13.6% | 1.32 +14.8% | 1.15 +4.6% | 1.10 -6.0% | 1.17 -23.0% | 1.52 |
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 | WIND.N0000 · this company | 40.00 | Rs 54.2B | 35.7 | 2.07 | 1.12 | 5.79% | 0.00% |
| 2 | VLL.N0000 | 22.10 | Rs 22.8B | 13.1 | 2.22 | 1.69 | 16.94% | 2.26% |
| 3 | VPEL.N0000 | 15.00 | Rs 11.2B | 8.7 | 3.19 | 1.73 | 36.95% | 4.00% |
| 4 | PAP.N0000 | 12.50 | Rs 7.8B | 8.6 | 3.47 | 1.46 | 40.28% | 1.43% |
| 5 | LVEF.N0000 | 5.90 | Rs 4.5B | 29.2 | 0.66 | 0.20 | 3.96% | 0.00% |
| 6 | LPL.N0000 | 10.70 | Rs 4.0B | 189.7 | 1.83 | 0.06 | 17.14% | 0.00% |
| 7 | HPWR.N0000 | 8.90 | Rs 3.8B | 24.7 | 1.46 | 0.36 | 6.11% | 1.74% |
| 8 | HPFL.N0000 | 11.40 | Rs 1.2B | - | 1.89 | -0.24 | -4.02% | 6.84% |
| Peer median · 7 companies | - | - | 18.9 | 1.89 | - | - | 1.74% |
WindForce PLC is a diversified renewable energy company engaged in the ownership, development and operation of renewable energy assets and the generation and delivery of clean electrical energy to national grids. The company provides end-to-end engineering, procurement and construction (EPC) and operations & maintenance (O&M) services across wind, solar and small hydro technologies and develops Battery Energy Storage Systems (BESS). Its renewable portfolio combines utility-scale wind, ground-mounted and agrovoltaic solar, and mini-hydro plants, supported by in‑house capabilities such as IoT-enabled SCADA, turbine repair workshops and predictive solar irradiance forecasting. WindForce operates a mix of local and international assets, with a significant presence in Sri Lanka alongside plants overseas and project development across multiple continents. Key named subsidiaries and project entities in the Group include Renewgen (Pvt) Limited, Powergen Lanka (Pvt) Limited, Energy Reclamation (Pvt) Limited, BlueSky EV (Pvt) Ltd., Satva Automotive (Pvt) Ltd., and several project companies such as Kebitigollewa Solar Power (Private) Ltd. and Siyambalanduwa (flagship project), reflecting activities across generation, project development and an emerging electric two‑wheeler automotive segment.
Evidence points to a bearish assessment: June net margin was the worst of six comparable June quarters while the shares trade at 35.6 times earnings. New projects have lifted renewable capacity to about 268 MW.
Read the full report (Sep 29, 2026) →Higher than 0% of its last 15 months · 3 of 3 in its sector
18 articles in 30 days: 11 positive, 4 negative, 3 neutral.
WindForce PLC has abandoned its planned Rs. 4 billion listed green bond issue and withdrawn the listing application, citing adverse market conditions; the company pointed to a markedly shifted interest-rate environment after recent CBSL rate hikes and higher government bond yields.
WindForce PLC has withdrawn its CSE listing application for a proposed LKR 4 billion Green Bond, saying it will not proceed with the debenture offering due to prevailing adverse market conditions.
WindForce PLC withdrew its initial listing application for a proposed green bond (up to 40 million bonds to raise Rs 4 billion) due to adverse market conditions. Fitch withdrew the 'A(lka)' rating after the issuance was postponed amid rising market interest rates.
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.
WindForce PLC's six project companies submitted winning bids to develop 28.25 MW and 143.75 MWh of battery energy storage systems, with WindForce's estimated equity investment about 944 million rupees. Formal awards are pending; projects would be built on a 15-year BOO basis.
WindForce PLC said six of its project companies submitted winning bids to develop 28.25 MW and 143.75 MWh of battery energy storage, with estimated equity investment of about 944 million rupees. The projects are proposed on a 15-year BOO basis and formal awards and approvals are pending.
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.