Plantations & Agriculture · Agricultural Commodities/Milling
| Year | Revenue | Net profit | EPS |
|---|---|---|---|
| 2025 | Rs 4.9B | Rs 1.0B | 6.71 |
| 2024 | Rs 4.8B | Rs 781.5M | 5.00 |
| 2023 | Rs 5.1B | Rs 530.7M | 3.40 |
| 2022 | Rs 5.1B | Rs 1.8B | 11.30 |
| 2021 | Rs 3.9B | Rs 1.2B | 7.56 |
| 2020 | Rs 2.9B | Rs 485.9M | 4.30 |
| 2019 | Rs 2.8B | Rs -179.6M | -7.19 |
Agalawatte Plantations PLC is a Sri Lanka-based plantation company engaged in the cultivation, production, processing and sale of tea and rubber, and the cultivation of oil palm. The Group operates estate and factory operations across multiple locations and emphasises sustainable agricultural practices, replanting and productivity enhancements to support long-term operations. The Company’s core activities are organised around three plantation businesses. The tea business comprises estate-grown green leaf and made tea produced from three up‑country and three low‑country estates. The rubber business includes upstream rubber cultivation and on‑estate processing, with TPC and RSS processing facilities located at estates such as Clyde, Culloden, Doloswella, Kiribathgala, Kiriwanaketiya, Peenkande and Niriella. The oil palm business focuses on cultivation and fresh fruit bunch processing on existing planted areas and is a key contributor to the Company’s segmental profitability. In addition to these primary segments, the Company cultivates diversified crops including coconut, cinnamon and coffee, and manages commercial timber plantations comprising species such as Eucalyptus grandis, Albizia, Alstonia and Grevillea. Operations are concentrated in Sri Lanka, with estates located in the Kalutara, Ratnapura and Nuwara Eliya regions.
AGAL is earning a 20% ROE while trading at 8.1x P/E; profitability is solid but margins eased in the March quarter, tempering near‑term momentum.
Read the full report (Jul 30, 2026) →No scored news in the last 30 days.
Dividend · Rs 0.75 · XD Jul 1, 2026
Final dividend of LKR 0.75/share; XD 2026-07-01; record 2026-07-01; payable 2026-07-20; FY 31/12/2025
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.
First Capital says listed plantation firms AGAL, KGAL, KOTA and HOPL are well positioned to benefit from rising rubber prices as rubber makes up about 15%+ of their revenue. Dipped Products and exporters may also gain from higher rubber prices and rupee depreciation, while Kelani Tyres could face margin pressure.
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.
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.
Agalawatte Plantations said Damro disposed of 32,500,000 shares (20.8%) sold to A & M Properties at Rs51.90 each for Rs1.68 billion. Earlier this week Damro also sold FLMC Plantations to Browns Power Holdings, a subsidiary of Browns Investments, for Rs4.8 billion.
Dividend · Rs 1.50 · XD Mar 7, 2025
Second Interim dividend of LKR 1.5/share; XD 2025-03-07; record 2025-03-09; payable 2025-03-27; FY 31 December 2024
Dividend · Rs 2.00 · XD Nov 21, 2024
First Interim dividend of LKR 2/share; XD 2024-11-21; record 2024-11-21; payable 2024-12-10; FY 31 DECEMBER 2024
Tea 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.
Auto-generated from 33 sector news articles over 30 days. Not investment advice. 2 more stories on the sentiment page.