News & market updates

First Capital Holdings PLC (CFVF.N0000) is the title sponsor of First Capital Startup Nation by Hatch, a programme to select 10 startups from 183+ applications and provide best-effort support to secure USD 100,000 in funding. The company, a subsidiary of Janashakthi Limited (JXG.N0000), said it will also explore direct investment and mentorship.

First Capital Holdings PLC's Rs. 3.0Bn five-year debenture issue was oversubscribed on the opening day. The issue offers Type A at 11.00% p.a. (AER 11.00%), Type B at 10.71% p.a. (semi-annual, AER 11.00%) and Type C linked to the 364-day T-bill + 2.00%.

Janashakthi Finance PLC won two Silver Awards at the SLIM DIGIS 2.5 Awards 2025 for Digital/Social Platform Integration and Best Use of Digital in a Marketing Campaign for Banking, Finance and Insurance Brands for its 'Tuk Sagaya' campaign; the campaign reached over 6.5 million people, generated 21 million impressions and 1.4 million engagements.

First Capital Holdings PLC hosted two-day investor awareness sessions in Jaffna on 28–29 August to educate individuals and businesses on wealth creation and capital market opportunities; the events showcased First Capital’s advisory services (FCAS) and involvement from Janashakthi Group leadership.

First Capital Holdings PLC hosted two-day investor awareness sessions in Jaffna on 28–29 Aug 2025 to educate residents and businesses on capital-market investing and advisory services. The events highlighted First Capital Advisory Services' corporate finance offerings and noted First Capital is a subsidiary of Janashakthi Limited.

Janashakthi Limited (JXG) partnered with the Foundation of Goodness to support the Monaragala Village Heartbeat Empowerment Centre, which served 1,233 beneficiaries in June 2025. In July the centre engaged 260 registered students and reached 1,168 course beneficiaries across 29 villages and 17 schools.

Janashakthi Life, a subsidiary of JXG, held its Mid-Year Awards on 8 September 2025 recognizing over 120 high performers and awarding more than 60 winners with Star Class hotel stay packages.

Janashakthi Life (a subsidiary of Janashakthi Group) recognised over 120 high performers at its Mid-Year Awards 2025 on 8 September, with more than 60 winners receiving Star Class hotel stay packages.

Janashakthi Finance PLC (BFN.N0000) took part in the Nallur Festival 2025 and ran a door-to-door initiative from 6–15 Aug across the Northern Province to engage communities. The subsidiary of Janashakthi Limited (JXG.N0000) marked its 44th anniversary amid a rebranding and promoted the activities via TV and social media.

Policybazaar for Business has launched tech-driven reinsurance operations in Sri Lanka, Qatar, Oman and the UAE to provide digital facultative and treaty capacity. The platform targets property, marine, liability, cyber and climate risks and could expand reinsurance capacity and transparency for Sri Lanka insurers such as LOLC, Ceylinco and Janashakthi.

Janashakthi Limited's 'She Saw Stars' campaign won Gold at Dragons of Sri Lanka 2025 in the Cause, Environment or Sustainability category. The campaign boosted hotline calls, drew social media attention, prompted UNDP partnership talks, and First Capital Holdings runs related financial literacy workshops.

Janashakthi Limited (JXG.N0000) was honoured as 'One of Sri Lanka’s Most Outstanding Women Friendly Workplaces' at the SATYN Women Friendly Workplace Awards 2025. Women make up 59% of JXG’s workforce and the Group highlighted policies such as equal-pay frameworks, flexible working, childcare support and wellbeing initiatives.

First Capital Holdings PLC (CFVF.N0000) was ranked among Sri Lanka’s Top 100 Most Valuable Brands by Brand Finance and awarded the highest AA brand rating in the investment banking category. The company highlighted customer-centric strategies and digital innovation as drivers of the recognition.

Janashakthi Finance (BFN.N0000) reported Q1 FY2025/26 NPAT of Rs.60m and Net Operating Income of Rs.672m (up 35% YoY). Loans & receivables rose to Rs.23.81bn (from Rs.16.61bn) and deposits increased 6% QoQ to Rs.16.90bn amid its rebrand under Janashakthi.

First Capital Holdings PLC had its long-term credit rating upgraded to A+ from A by Lanka Rating Agency with a stable outlook. LRA cited sustained profitability, strong capital structure and governance, noting market-leading businesses (including First Capital Treasuries) and Rs.120 billion in assets under management.

Janashakthi Insurance (JINS.N0000) reported Q2 YTD 2025 net profit of Rs.1,318 million, up 70% year-on-year, with first-year premiums +61% and GWP of Rs.3,769 million (+27% YoY). Total assets rose to Rs.39 billion and regular first-year new business premiums surged 73%.

Janashakthi Finance PLC reported Q1 FY2025/26 net profit after tax of LKR 60 million and Net Operating Income of LKR 672 million for the quarter ended June 30, 2025. Loans and receivables rose to LKR 23.81 billion (from LKR 16.61 billion) and deposits increased 6% qoq to LKR 16.90 billion as the company rebranded and pursues digital initiatives.

Janashakthi Insurance (JINS.N0000) reported Q2 YTD 2025 net profit of LKR 1,318m, up 70%, with first-year premiums up 61% and GWP of LKR 3,769m. As JXG's flagship, the insurer also grew regular long-term business 32% and new regular first-year premium 73%, citing digital and distribution expansion.

First Capital Holdings PLC reported PAT of Rs. 2.15Bn for Q1 ended 30 Jun 2025, up from Rs. 582Mn a year earlier. Performance was driven by Net Trading Income of Rs. 3.40Bn (including a Rs. 2.06Bn trading gain on government securities) and a credit rating upgrade to A+.

First Capital Holdings PLC reported Profit after Tax of Rs. 2.15 billion for Q1 ended 30 June 2025, up from Rs. 582 million a year earlier. The result was driven by a Rs. 2.06 billion trading gain on government securities and stronger trading income amid moderating interest rates, and the group's rating was upgraded to A+.

First Capital Holdings PLC had its long-term credit rating upgraded to 'A+' (Stable) by Lanka Rating Agency. LRA cited sustained profitability, strong capital and governance; Group assets LKR 99.3bn, equity LKR 9.8bn, PAT LKR 5.0bn (2024/25) and a Rs.7.50/share dividend (LKR 3.0bn).

First Capital Holdings PLC held its Mid-Year Outlook Investor Forum on 17 July, extending its LKR/USD target to 300–310 to December 2025 and setting an ASPI target of 18,000–19,000 for 2025. The forum also forecast mild rupee depreciation to 305–315 in H1 2026, ASPI 21,000–22,000 in 2026, and AWPR easing to 7.5–8.5% before edging up next year.

First Capital Holdings PLC held its Mid‑Year Outlook Investor Forum on 17 July 2025, forecasting an LKR/USD target of 300–310 to Dec 2025, ASPI 18,000–19,000 for 2025 (21,000–22,000 in 2026) and AWPR down to 7.5%–8.5% after a likely 25bp cut. The virtual forum drew 900+ registrations, was run in Sinhala, Tamil and English, and featured panelists from Hemas and Access Engineering.

Janashakthi Finance PLC celebrates its 44th anniversary and has rebranded from Orient Finance, moved its head office and set a five-year target to become a top-five NBFI while pursuing digital transformation under parent Janashakthi Group.

Janashakthi Finance PLC (BFN.N0000) celebrates its 44th anniversary and recent rebrand from Orient Finance, setting a five-year goal to become a top-five NBFI while leveraging JXG (JXG.N0000) group synergies and digital transformation.

Janashakthi Insurance (JINS.N0000) was named Best Life Insurance Company for Digital Transformation — Sri Lanka 2025 by the UK Global Banking & Finance Awards. The company highlighted its next-generation Agent Virtual Office, RPA in underwriting and claims, a digital customer portal, AI-driven recommendations and a customer app as key initiatives.

Janashakthi Limited's subsidiary Janashakthi Life is running the 'Nidahas Adahas' art competition for the third year, drawing close to 20,000 entries. The programme has reached over 58,811 school students and 4,872 preschool students across 33 branches, with 200 artworks to be showcased in September 2025.

Janashakthi Insurance Company PLC (Janashakthi Life) was named Best Life Insurance Company for Digital Transformation – Sri Lanka 2025 by the UK-based Global Banking & Finance Awards. The award recognises its digital initiatives including a customer app, digital Agent Virtual Office, RPA and AI-driven product tools.

First Capital Holdings PLC will host a virtual Mid-Year Outlook Investor Forum on 17 July (4:00–5:30pm) covering macro, fixed-income and stock market outlooks. The event will be delivered in Sinhala, Tamil and English and feature a panel including executives from Access Engineering and Hemas.

CSE, SEC, SLID and KPMG hosted a Family Business Forum titled "Building a Lasting Family Legacy," attended by about 150 participants with panelists from Hemas Holdings, Sampath Bank, Janashakthi and NDB. Speakers highlighted succession, governance and promoting listings and capital markets to support SME financing and long-term growth.